Financial Highlights
Audited 2016 Financial Statement
Balance Sheet*
For the period ending September 30, 2017 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $486,362,338 |
| Investments | $114,561,689 |
| Cash | $10,041,482 |
| Other Assets | $24,801,027 |
| Total Assets | $635,766,536 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $6,151,418 |
| Shares | $553,072,903 |
| Total Liabilities | $559,224,321 |
| Reserves | $3,382,981 |
| Undivided Earnings | $72,966,411 |
| Unrealized G/L Sec | $192,822 |
| Total Members' Equity | $76,542,215 |
| Total Liabilities and Members' Equity | $635,766,536 |
Income Statement*
For the period ending September 30, 2017 (cents omitted)
| Loan Income | $17,374,012 |
| Investment Income | $1,795,022 |
| Total Interest Income | $19,169,034 |
| Total Interest Expense | $1,617,780 |
| Net Interest Income (Expense) | $17,551,254 |
| Provision for Loan Loss | $1,671,708 |
| Net Interest Income (Expense) after PLL | $15,879,546 |
| Other Operating Income | $3,851,810 |
| Other Operating Expense | $14,809,601 |
| Total Other Operating Income (Expense) | ($10,957,791) |
| Net Income | $4,921,755 |
