Financial Highlights
Audited 2017 Financial Statement
Balance Sheet*
For the period ending June 30, 2018 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $590,998,645 |
| Investments | $96,933,660 |
| Cash | $8,918,771 |
| Other Assets | $31,682,433 |
| Total Assets | $728,533,509 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $5,625,770 |
| Shares | $640,885,627 |
| Total Liabilities | $646,511,397 |
| Reserves | $3,382,981 |
| Undivided Earnings | $79,661,046 |
| Unrealized G/L Sec | ($1,021,915) |
| Total Members' Equity | $82,022,112 |
| Total Liabilities and Members' Equity | $728,533,509 |
Income Statement*
For the period ending May 31, 2018 (cents omitted)
| Loan Income | $16,042,854 |
| Investment Income | $1,304,978 |
| Total Interest Income | $17,347,832 |
| Total Interest Expense | $2,027,708 |
| Net Interest Income (Expense) | $15,320,124 |
| Provision for Loan Loss | $3,494,813 |
| Net Interest Income (Expense) after PLL | $11,825,311 |
| Other Operating Income | $2,708,713 |
| Other Operating Expense | $10,094,749 |
| Total Other Operating Income (Expense) | ($7,386,036) |
| Net Income | $4,439,275 |
