Balance Sheet*
for the period ending
April 30, 2013
(cents omitted)
| ASSETS |
|
| Loans, net of Allowance for Loss |
$234,085,306
|
| Investments |
$319,352,845
|
| Cash |
$8,832,604
|
| Other Assets |
$13,754,472
|
| Total Assets |
$576,025,226
|
| LIABILITIES AND MEMBERS' EQUITY |
|
| Line of Credit |
$0 |
| Other Liabilities |
$4,357,194 |
| Shares |
$515,922,017 |
| Total Liabilities |
$520,279,211 |
| |
|
| Reserves |
$3,382,981 |
| Undivided Earnings |
$51,375,376 |
| Unrealized G/L Sec |
$987,658 |
| Total Members' Equity |
$55,746,015 |
| Total Liabilities and Members' Equity |
$576,025,226 |
Income Statement*
for the period ending
April 30, 2013
(cents omitted)
| Loan Income |
$4,565,060 |
| Investment Income |
$692,103 |
| Total Interest Income |
$5,257,163 |
| |
|
| Total Interest Expense |
$991,545 |
| Net Interest Income (Expense) |
$4,265,618 |
| Provision for Loan Loss |
$542,816 |
| Net Interest Income (Expense) after PLL |
$3,722,802
|
| |
|
| Other Operating Income |
$1,715,980 |
| Other Operating Expense |
$4,892,865 |
| Total Other Operating Income (Expense) |
($3,176,885) |
| |
|
Net Income
|
$545,917
|
*Unaudited |
