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 |
