Financial Highlights
2024 Consolidated Financial Statement (Audited) 2024 Annual Report
Balance Sheet*
For the period ending June 30, 2025 (cents omitted)
ASSETS | |
Loans, net of Allowance for Loss | $1,108,891,485 |
Investments | $327,448,918 |
Cash | $2,332,808 |
Other Assets | $74,149,247 |
Total Assets | $1,512,822,458 |
LIABILITIES AND MEMBERS' EQUITY | |
Line of Credit | $0 |
Other Liabilities | $7,635,884 |
Shares | $1,395,665,590 |
Total Liabilities | $1,403,301,474 |
Reserves | $0 |
Undivided Earnings | $115,762,854 |
Unrealized G/L Sec | ($6,241,870) |
Total Members' Equity | $109,520,984 |
Total Liabilities and Members' Equity | $1,512,822,458 |
Income Statement*
For the period ending June 30, 2025 (cents omitted)
Loan Income | $34,052,480 |
Investment Income | $6,714,131 |
Total Interest Income | $40,766,611 |
Total Interest Expense | $20,208,594 |
Net Interest Income (Expense) | $20,558,017 |
Provision for Loan Loss | $2,250,454 |
Net Interest Income (Expense) after PLL | $18,307,563 |
Other Operating Income | $2,447,767 |
Other Operating Expense | $19,320,641 |
Total Other Operating Income (Expense) | ($16,872,874) |
Net Income | $1,434,689 |
*Unaudited