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% |