Financial Highlights

Audited 2017 Financial Statement

Balance Sheet*

For the period ending April 30, 2019 (cents omitted)

ASSETS
Loans, net of Allowance for Loss $661,960,297
Investments $233,741,476
Cash $9,068,041
Other Assets $38,769,874
Total Assets $943,539,689
   
LIABILITIES AND MEMBERS' EQUITY  
Line of Credit $0
Other Liabilities $5,678,089
Shares $843,867,314
Total Liabilities $849,545,403
   
Reserves $3,382,981
Undivided Earnings $91,114,929
Unrealized G/L Sec ($503,624)
Total Members' Equity $93,994,286
Total Liabilities and Members' Equity $943,539,689
 

Income Statement*

For the period ending April 30, 2019 (cents omitted)

Loan Income $14,171,411
Investment Income $1,902,610
Total Interest Income $16,074,020
   
Total Interest Expense $4,255,826
Net Interest Income (Expense) $11,818,195
Provision for Loan Loss $2,318,480
Net Interest Income (Expense) after PLL $9,499,715
   
   
Other Operating Income $2,032,673
Other Operating Expense $7,350,936
Total Other Operating Income (Expense) ($5,318,264)
   
Net Income $4,181,451

 

*Unaudited