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.
