Financial Highlights

Balance Sheet*

For the period ending February 28, 2017 (cents omitted)

ASSETS   
Loans, net of Allowance for Loss $375,618,133
Investments $218,017,761
Cash $10,469,483
Other Assets $22,751,473
Total Assets $626,856,849
   
LIABILITIES AND MEMBERS' EQUITY  
Line of Credit $0
Other Liabilities $5,094,298
Shares $549,257,900
Total Liabilities $554,352,198
   
Reserves $3,382,981
Undivided Earnings $69,114,484
Unrealized G/L Sec $7,185
Total Members' Equity $72,504,650
Total Liabilities and Members' Equity $626,856,849
 

Income Statement*

For the period ending February 28, 2017 (cents omitted)

Loan Income $3,385,056
Investment Income $341,614
Total Interest Income $3,726,670
   
Total Interest Expense $309,415
Net Interest Income (Expense) $3,417,255
Provision for Loan Loss $157,505
Net Interest Income (Expense) after PLL $3,259,749
   
   
Other Operating Income $811,634
Other Operating Expense $3,001,555
Total Other Operating Income (Expense) ($2,189,921)
   
Net Income $1,069,828

 

*Unaudited