STATEMENT OF FINANCIAL CONDITION – PERIOD ENDING MARCH 31, 2020
| ASSETS | AMOUNT | |
|---|---|---|
| Regular Loans | $ | 9,239,964 |
| Leases | – – – | |
| Educational Loans | – – – | |
| Real Estate Loans | 3,599,331 | |
| Commercial Real Estate Loans | 300,921 | |
| ODP Loans | 6,185 | |
| Visa Loans | 488,300 | |
| Loans In Liquidation | – – – | |
| Total Loans | 13,634,701 | |
| Allowance For Loan Loss | (91,195) | |
| Allowance For ODP | (1,266) | |
| Net Loans | 13,542,241 | |
| Cash On Hand | 634,116 | |
| US Government Obligations | – – – | |
| Other Certificates | 11,904,000 | |
| Other Investments | 33,024 | |
| Certificates In Corp CU | – – – | |
| Shares In Corp CU | 2,795,808 | |
| Total Cash / Investments | 15,366,948 | |
| Land 9405 S. Highway 17-92 | 458,000 | |
| Building (NET) | 252,003 | |
| Furniture & Equipment (NET) | 21,198 | |
| Accounts Receivable | 43,515 | |
| Prepaid / Deferred Expense | 49,674 | |
| Accrued Income | 63,642 | |
| NCUA Share Insurance Fund | 239,928 | |
| Assets Acquired In Liq / Loan | ||
| Other Assets | 104,824 | |
| Total Other Assets | 1,232,785 | |
| Total Assets | 30,141,973 | |
| LIABILITIES / EQUITY | AMOUNT | |
|---|---|---|
| Accounts Payable | $ | 64,996 |
| Accrued Dividends Payable | – – – | |
| NCUSIF Stabilization | – – – | |
| Other Liabilities | 71,442 | |
| Notes & Interest Payable | – – – | |
| Total Liabilities | 96,029 | |
| Share Accounts | 11,237,681 | |
| Checking Accounts | 5,888,093 | |
| Club Accounts | 646,010 | |
| Escrow Deposit Accounts | 35,682 | |
| Money Market Accounts | 4,031,068 | |
| IRA Share Accounts | 796,440 | |
| HSA Share Accounts | 475,730 | |
| Certificates – IRA | 805,656 | |
| Certificates 3-6 Months | 96,256 | |
| Certificates 12 Months | 624,229 | |
| Certificates over 12 Months | 512,382 | |
| Total Member Savings | 25,149,226 | |
| Reserves | 702,342 | |
| Undivided Earnings | 4,148,961 | |
| Net Income (Loss) | 5,006 | |
| Total Capital / Equity | 4,856.309 | |
| Total Liabilities / Equity | 30,141,973 | |
| CONTINGENT LIABILITIES | ||
| VISA | 1,018,818 | |
| Home Equity (350) | 880,736 | |
| Unsecured LOC (10) | 16,368 | |
| Total | 1,915,922 | |
| Capital | 16.11% | |
