2019 Financial Statement
Assets | |
---|---|
Cash Equivalent & Investments | $3,327,192 |
Total Loans to Members | $7,361,931 |
Allowance for Loan Loss | -$45,943 |
Fixed Assets | $455,031 |
Prepaid Expenses | $269,251 |
Accrued Income Receivables | $69,920 |
Other Assets & Receivables | -$150,429 |
Total Assets | $11,286,954 |
Liabilities and Equity | |
Account Payable & Other Liabilities | $44,921 |
Member Deposits | $10,421,257 |
Total Equity and Reserves | $866,719 |
Total Liabilities and Equity | $11,332,896 |
Income Statement
Income | |
---|---|
Interest Income from Member Loans | $429,432 |
Income from Investments | $29,791 |
Service and Product Income | $519,185 |
Miscellaneous Income | $8,875 |
Total Income | $987,283 |
Operational Expenses | $951,780 |
Provision for Loan Loss | $31,548 |
Total Expenses | $983,327 |
Non-Operating Income | $8,875 |
Dividends | $7,482 |
Transfer to Undivided Earnings | $5,349 |