Statement of Financial Condition
Period Ending October 31, 2021(unaudited)
| ASSETS |
|
|
| Cash and cash equivalents |
$ |
70,991,528 |
| Investments |
|
|
| • US Government Securities |
$ |
450,960,838 |
| • Certificates of Deposit |
$ |
9,042,000 |
| • Other, net |
$ |
3,320,228 |
| Loans, net |
$ |
510,573,381 |
| Accrued interest receivable |
$ |
2,383,427 |
| Property and equipment, net |
$ |
5,258,704 |
| National Credit Union Share Insurance Fund deposit |
$ |
8,724,367 |
| Other assets |
$ |
21,952,147 |
| Total Assets |
$ |
1, 083,206,619 |
| LIABILITIES AND MEMBERS' EQUITY |
|
|
| Liabilities |
|
|
| Members' Shares |
$ |
956,754,366 |
| Borrowed funds |
$ |
29,906,983 |
| Accrued expenses and other liabilities |
$ |
6,918,062 |
| Total Liabilities |
$ |
993,579,412 |
| Retained Earnings |
$ |
97,956,553 |
| Accumulated other comprehensive income |
$ |
(8,329,346) |
| Total Members' Equity |
$ |
89,627,207 |
| Total Liabilities and Members’ Equity |
$ |
1,083,206,619 |
| Book Value of Investments |
$ |
469,555,933 |
| Market Value of Investments |
$ |
461,800,138 |
| DELINQUENT LOANS |
|
|
| 2 to <6 months |
$ |
978,389 |
| 6 to <12 months |
$ |
312,412 |
| 12 months and over |
$ |
357,458 |
| Total Delinquent Loans |
$ |
1,648,259 |
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