Statement of Financial Condition
Period Ending May 31, 2018 (unaudited)
| ASSETS | ||
|---|---|---|
| Cash and cash equivalents | $ | 44,049,791 |
| Investments | ||
| • US Government Securities | $ | 281,776,411 |
| • Certificates of Deposit | $ | 26,498,494 |
| • Other, net | $ | 4,654,447 |
| Loans, net | $ | 497,526,324 |
| Accrued interest receivable | $ | 2,164,502 |
| Property and equipment, net | $ | 7,247,456 |
| National Credit Union Share Insurance Fund deposit | $ | 7,270,488 |
| Other assets | $ | 18,876,466 |
| Total Assets | $ | 890,064,379 |
| LIABILITIES AND MEMBERS' EQUITY | ||
|---|---|---|
| Liabilities | ||
| Members' Shares | $ | 768,030,684 |
| Borrowed funds | $ | 29,908,416 |
| Accrued expenses and other liabilities | $ | 4,757,241 |
| Total Liabilities | $ | 802,696,341 |
| Retained Earnings | $ | 96,546,849 |
| Accumulated other comprehensive income | $ | (9,178,812) |
| Total Members' Equity | $ | 87,368,037 |
| Total Liabilities and Members’ Equity | $ | 890,064,379 |
| Book Value of Investments | $ | 312,779,824 |
| Market Value of Investments | $ | 311,497,211 |
| DELINQUENT LOANS | ||
|---|---|---|
| 2 to <6 months | $ | 1,467,290 |
| 6 to <12 months | $ | 723,880 |
| 12 months and over | $ | 740,316 |
| Total Delinquent Loans | $ | 2,931,486 |
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.
