Financial Highlights
Audited 2016 Financial Statement
Balance Sheet*
For the period ending July 31, 2017 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $466,585,962 |
| Investments | $130,857,343 |
| Cash | $9,924,130 |
| Other Assets | $24,114,971 |
| Total Assets | $631,482,406 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $6,075,524 |
| Shares | $550,098,528 |
| Total Liabilities | $556,174,052 |
| Reserves | $3,382,981 |
| Undivided Earnings | $71,756,193 |
| Unrealized G/L Sec | $169,180 |
| Total Members' Equity | $75,308,354 |
| Total Liabilities and Members' Equity | $631,482,406 |
Income Statement*
For the period ending July 31, 2017 (cents omitted)
| Loan Income | $13,001,364 |
| Investment Income | $1,439,097 |
| Total Interest Income | $14,440,461 |
| Total Interest Expense | $1,210,459 |
| Net Interest Income (Expense) | $13,230,002 |
| Provision for Loan Loss | $1,107,919 |
| Net Interest Income (Expense) after PLL | $12,122,083 |
| Other Operating Income | $2,911,644 |
| Other Operating Expense | $11,322,191 |
| Total Other Operating Income (Expense) | ($8,410,547) |
| Net Income | $3,711,537 |
