Statement of Financial Condition
Period Ending May 31, 2019 (unaudited)
| ASSETS | ||
|---|---|---|
| Cash and cash equivalents | $ | 71,219,590 |
| Investments | ||
| • US Government Securities | $ | 259,388,466 |
| • Certificates of Deposit | $ | 19,502,208 |
| • Other, net | $ | 4,104,497 |
| Loans, net | $ | 513,576,558 |
| Accrued interest receivable | $ | 2,488,096 |
| Property and equipment, net | $ | 6,948,270 |
| National Credit Union Share Insurance Fund deposit | $ | 7,348,644 |
| Other assets | $ | 19,782,770 |
| Total Assets | $ | 904,359,099 |
| LIABILITIES AND MEMBERS' EQUITY | ||
|---|---|---|
| Liabilities | ||
| Members' Shares | $ | 769,671,043 |
| Borrowed funds | $ | 37,974,656 |
| Accrued expenses and other liabilities | $ | 5,487,898 |
| Total Liabilities | $ | 813,133,596 |
| Retained Earnings | $ | 99,644,306 |
| Accumulated other comprehensive income | $ | (8,418,803) |
| Total Members' Equity | $ | 91,225,503 |
| Total Liabilities and Members’ Equity | $ | 904,359,099 |
| Book Value of Investments | $ | 282,083,235 |
| Market Value of Investments | $ | 281,553,166 |
| DELINQUENT LOANS | ||
|---|---|---|
| 2 to <6 months | $ | 1,232,434 |
| 6 to <12 months | $ | 224,191 |
| 12 months and over | $ | 850,961 |
| Total Delinquent Loans | $ | 2,307,586 |
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.
