Statement of Financial Condition

Period Ending February 29, 2020 (unaudited)

ASSETS
Cash and cash equivalents $ 105,953,759
Investments
• US Government Securities $ 217,549,058
• Certificates of Deposit $ 36,126,034
• Other, net $ 9,660,588
Loans, net $ 524,396,839
Accrued interest receivable $ 2,376,158
Property and equipment, net $ 6,283,470
National Credit Union Share Insurance Fund deposit $ 7,345,447
Other assets $ 19,341,885
Total Assets $ 929,033,238
LIABILITIES AND MEMBERS' EQUITY
Liabilities
Members' Shares $ 789,576,463
Borrowed funds $ 39,358,853
Accrued expenses and other liabilities $ 5,005,612
Total Liabilities $ 833,940,928
Retained Earnings $ 103,549,532
Accumulated other comprehensive income $ (8,457,221)
Total Members' Equity $ 95,092,311
Total Liabilities and Members’ Equity $ 929,033,238
Book Value of Investments $ 256,353,926
Market Value of Investments $ 256,530,958
DELINQUENT LOANS
2 to <6 months $ 1,843,411
6 to <12 months $ 384,029
12 months and over $ 526,567
Total Delinquent Loans $ 2,754,007

The RTN Federal Credit Union Annual Meeting was held at 5:00 pm on Monday, May 21, 2018.  Click here to download a copy of the 2017 Annual Report.