|
 |
Statement of Financial Condition
November 31, 2008
| ASSETS |
|
|
LIABILITIES |
|
| |
|
|
Accounts Payable |
338,134.61
|
| Net Loans |
37,848,417.72
|
|
|
|
| |
|
|
Taxes Payable |
1,282.34
|
| Accounts Receivable |
385,131.88
|
|
|
|
| |
|
|
Other Liabilities |
517,996.70
|
| Liquid Assets |
17,366,261.34
|
|
|
|
| |
|
|
TOTAL LIABILITIES
|
857,413.65
|
| Fixed Assets |
1,379,971.99
|
|
|
|
| |
|
|
EQUITY
|
|
| Prepaid Expenses & Other Assets |
758,180.98
|
|
Shares & Certificates on Deposit |
50,891,943.26
|
| |
|
|
Other Comprehensive Income |
(617,892.00)
|
| |
|
|
Reserves & Undivided Earning |
6,606,499.00
|
| |
|
|
|
|
| |
|
|
TOTAL EQUITY
|
56,880,550.26
|
| |
|
|
|
|
|
TOTAL ASSETS
|
57,737,963.91
|
|
TOTAL LIABILITIES & EQUITY |
57,737,963.91
|
| |
|
|
|
|
Degree Of Delinquency
| CREDIT UNION LOANS |
|
|
| 2 to less than 6 months |
13
|
130,750.75
|
| 6 to less than 12 months |
6
|
55,088.29
|
|
12 months and over
|
2
|
24,335.62
|
| |
|
|
| TOTAL DELINQUENT LOANS |
21
|
210,174.66
|
| |
|
|
| VISA LINES OF CREDIT |
6
|
10,916.24
|
|
