|
Statement of Financial Condition
Period Ending November 30, 2011
(unaudited)
| ASSETS |
|
|
| Cash and cash equivalents |
$
|
13,565,584
|
| Investments |
|
|
| U.S. Governement |
$
|
380,912,691
|
| Certificates of Deposit |
$
|
9,011,000
|
| Other |
$
|
4,631,172
|
| Loans, net |
$
|
267,358,209
|
| Accrued interest receivable |
$
|
2,061,120
|
| Property and equiptment, net |
$
|
4,018,051
|
| National Credit Union Share Insurance Fund deposit |
$
|
5,755,356
|
| Other assets |
$
|
12,053,279
|
| Total Assets |
$
|
699,366,462
|
| |
|
|
| LIABILITIES AND MEMBERS' EQUITY |
|
|
| Liabilities: |
|
|
| Members' Shares |
$
|
588,291,533
|
| Borrowed funds |
$
|
32,400,000
|
| Accrued expenses and other liabilities |
$
|
3,054,804
|
| Total Liabilities |
$
|
623,746,337
|
| |
|
|
| Retained Earnings |
$
|
78,502,641
|
| Accumulated other comprehensive income |
$
|
(2,882,516)
|
| Total Members' Equity |
|
75,620,125
|
Total Liabilities and Members' Equity |
$
|
699,366,462
|
| |
|
|
| Book Value of Investments |
$
|
388,836,982
|
| Market Value of Investments |
$
|
392,291,339
|
| |
|
|
| DELIQUENT LOANS |
|
|
| 2 to <6 months |
$
|
1,848,543
|
| 6 to <12 months |
$
|
543,482
|
| 12 months and over |
$
|
822,301
|
| |
$
|
3,214,326
|
|
