Treasurer’s Report

Period Ending September 30, 2014

Assets

Loans 27,477,219
Allowances (2,192,427)
Cash and Investments 6,604,103
Land & Building 2,295,023
Furniture & Equipment 88,546
NCUA Share Insurance Fund 308,801
Other Assets 255,202
TOTAL ASSETS $34,806,467

Liabilities and equity

Accounts Payable 200,411
Dividends Payable 85,649
Other liabilities 143,827
Regular Shares 20,393,977
Share Drafts 2,943,686
Share Certificates 5,801,893
IRA Accounts 977,819
Regular Reserve 3,416,054
Secondary Capital
Undivided Earnings 843,151
TOTAL LIABILITY & EQUITY $34,806,467

Statistical information

Number of Members 10,173
Total Number of Loans 1,635
Delinquency Ratio 9.40%
Capital Ratio 12.24%
Return on Average Assets -0.01%

Budget analysis

Total Operating Income 236,272
Total Operating Expenses 195,365
Net Income Before Dividends 40,907
Total Dividends Paid 18,334
NET INCOME $22,573

Share account analysis

Type
Regular Shares 10,951
Share Draft Accounts 3,710
Share Certificates 53
IRA Accounts 92
TOTAL ACCOUNTS 14,806

Loan account analysis

New Auto Loans 61
Used Auto Loans 741
Unsecured Loans 3,683
Home Equity Loans 42
Share-Secured Loans 157
Business Loans 20
Overdraft Loans 67
Credit Card 284
Mortgage Loans 141
TOTAL LOANS 5,196