Financials

STATEMENT OF FINANCIAL CONDITION – PERIOD ENDING July 31, 2017
ASSETS  AMOUNT
Regular Loans       $ 9,142,070
Leases – – –
Educational Loans  – – –
Real Estate Loans 2,747,273
Commercial Real Estate Loans 384,633
ODP Loans 11,577
Visa Loans 545,996
Loans In Liquidation  – – –
Total Loans 12,831,549
Allowance For Loan Loss (92,581)
Allowance For ODP  (1,319)
Net Loans 12,737,650
Cash On Hand 363,084
US Government Obligations  – – –
Other Certificates 12,730,00
Other Investments 24,055
Certificates In Corp CU – – –
Shares In Corp CU 3,491,192
Total Cash / Investments  16,608,332
Land 9405 S. Highway 17-92  458,000
Building (NET) 312,170
Furniture & Equipment (NET) 33,530
Accounts Receivable 45,687
Prepaid / Deferred Expense 39,163
Accrued Income 51,424
NCUA Share Insurance Fund 236,402
Assets Acquired In Liq / Loan 27,697
Other Assets 119,370
Total Other Assets 1,323,442
Total Assets 30,669,424

LIABILITIES / EQUITY
Accounts Payable     $ 81,502
Accrued Dividends Payable – – –
NCUSIF Stabilization – – –
Other Liabilities 75,115
Notes & Interest Payable  – – –
Total Liabilities 156,617
Share Accounts 10,948,667
Checking Accounts 4,964,745
Club Accounts 407,737
Escrow Deposit Accounts 50,179
Money Market Accounts 5,696,029
IRA Share Accounts 1,008,035
HSA Share Accounts 488,000
Certificates  – IRA  1,212,031
Certificates 3-6 Months 96,482
Certificates 12 Months 722,415
Certificates over 12 Months 503,937
Total Member Savings 26,098,258
Reserves  702,342
Undivided Earnings 3,712,206
Net Income (Loss) 4,233
Total Capital / Equity 4,414,548
Total Liabilities / Equity 30,669,424
CONTINGENT LIABILITIES
VISA 1,055,103
Home Equity (350) 854,023
Unsecured LOC (10) 6,763
Total 1,915,888
Capital 14.40%