Financial Highlights
Audited 2017 Financial Statement
Balance Sheet*
For the period ending August 31, 2018 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $622,635,207 |
| Investments | $59,868,326 |
| Cash | $28,852,486 |
| Other Assets | $25,719,098 |
| Total Assets | $737,075,117 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $5,427,384 |
| Shares | $646,971,921 |
| Total Liabilities | $652,399,305 |
| Reserves | $3,382,981 |
| Undivided Earnings | $82,342,840 |
| Unrealized G/L Sec | ($1,050,010) |
| Total Members' Equity | $84,675,812 |
| Total Liabilities and Members' Equity | $737,075,117 |
Income Statement*
For the period ending August 31, 2018 (cents omitted)
| Loan Income | $22,543,619 |
| Investment Income | $1,635,453 |
| Total Interest Income | $24,179,072 |
| Total Interest Expense | $2,871,889 |
| Net Interest Income (Expense) | 21,307,183 |
| Provision for Loan Loss | $4,260,316 |
| Net Interest Income (Expense) after PLL | $17,046,866 |
| Other Operating Income | $3,506,352 |
| Other Operating Expense | $13,432,148 |
| Total Other Operating Income (Expense) | ($9,925,797) |
| Net Income | $7,121,069 |
