Financial Highlights
Audited 2017 Financial Statement
Balance Sheet*
For the period ending September 30, 2018 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $636,382,762 |
| Investments | $82,622,431 |
| Cash | $8,478,913 |
| Other Assets | $28,715,771 |
| Total Assets | $756,199,877 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $5,870,031 |
| Shares | $664,869,269 |
| Total Liabilities | $670,739,300 |
| Reserves | $3,382,981 |
| Undivided Earnings | $83,417,196 |
| Unrealized G/L Sec | ($1,339,601) |
| Total Members' Equity | $85,460,576 |
| Total Liabilities and Members' Equity | $756,199,876 |
Income Statement*
For the period ending September 30, 2018 (cents omitted)
| Loan Income | $25,818,300 |
| Investment Income | $1,807,136 |
| Total Interest Income | $27,625,436 |
| Total Interest Expense | $3,359,905 |
| Net Interest Income (Expense) | $24,265,531 |
| Provision for Loan Loss | $4,719,203 |
| Net Interest Income (Expense) after PLL | $19,546,328 |
| Other Operating Income | $3,833,399 |
| Other Operating Expense | $15,184,302 |
| Total Other Operating Income (Expense) | ($11,350,903) |
| Net Income | $8,195,425 |
