Financial Highlights

Audited 2016 Financial Statement

Balance Sheet*

For the period ending May 31, 2017 (cents omitted)

ASSETS   
Loans, net of Allowance for Loss $436,028,428
Investments $156,322,336
Cash $10,769,175
Other Assets $24,837,195
Total Assets $627,957,134
   
LIABILITIES AND MEMBERS' EQUITY  
Line of Credit $0
Other Liabilities $5,795,380
Shares $547,684,589
Total Liabilities $553,479,969
   
Reserves $3,382,981
Undivided Earnings $70,119,902
Unrealized G/L Sec $374,283
Total Members' Equity $74,477,165
Total Liabilities and Members' Equity $627,957,134
 

Income Statement*

For the period ending April 30, 2017 (cents omitted)

Loan Income $8,866,966
Investment Income $1,047,076
Total Interest Income $9,914,042
   
Total Interest Expense $843,884
Net Interest Income (Expense) $9,070,158
Provision for Loan Loss $566,680
Net Interest Income (Expense) after PLL $8,503,479
   
   
Other Operating Income $2,096,907
Other Operating Expense $7,925,140
Total Other Operating Income (Expense) ($5,828,233)
   
Net Income $2,675,246

 

*Unaudited