Financial Highlights
Audited 2017 Financial Statement
Balance Sheet*
For the period ending March 31, 2018 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $536,988,211 |
| Investments | $144,908,717 |
| Cash | $9,129,514 |
| Other Assets | $26,846,766 |
| Total Assets | $717,873,207 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $5,755,984 |
| Shares | $632,081,357 |
| Total Liabilities | $637,837,341 |
| Reserves | $3,382,981 |
| Undivided Earnings | $77,404,264 |
| Unrealized G/L Sec | ($751,379) |
| Total Members' Equity | $80,035,866 |
| Total Liabilities and Members' Equity | $717,873,207 |
Income Statement*
For the period ending March 31, 2018 (cents omitted)
| Loan Income | $7,581,325 |
| Investment Income | $636,517 |
| Total Interest Income | $8,217,842 |
| Total Interest Expense | $933,774 |
| Net Interest Income (Expense) | $7,284,068 |
| Provision for Loan Loss | $1,403,260 |
| Net Interest Income (Expense) after PLL | $5,880,808 |
| Other Operating Income | $1,451,719 |
| Other Operating Expense | $5,150,034 |
| Total Other Operating Income (Expense) | ($3,698,315) |
| Net Income | $2,182,493 |
