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.