Our Financials

Asset Amount
Cash 2,233,548
Personal Loans (Net) 33,254,540
Real Estate Loans 30,035,137
Allowance for Loan Loss -169,007
Accrued Income 101,638
Investments 45,084,045
Pre-Paid Expenses 166,260
Fixed Assets 1,324,530
Other Assets -484,027
Total Assets $111,546,664
Liablilities Amount
Regular Savings (Shares) 57,281,821
Christmas Savings 43,903
Individual Retirement Accounts 5,108,696
1st Insured Money Market 3,017,387
Certificates of Deposit 7,270,733
Share Draft 29,006,550
Accrued Dividends 6,390
Regular Reserve 1,801,531
Other Reserves 7,138,066
Other Liabilities/Notes Payable 871,587
Deferred Credits 0
Total Liablilities $111,546,664
Income Type Amount
Interest on Loans 2,201,926
Interest on Investments 673,183
Other Income 1,211,838
Total Income $4,086,947
Expense Type Amount
Salaries and Related Expenses 1,347,229
Member Insurance 10,080
Promotion and Education 93,522
Office Operations 1,101,356
Office Occupancy 202,867
Professional Services 78,734
Other Expenses 171,634
Cost of Funds 122,978
(Dividends to Members)
Total Expenses $3,128,400
Distribution of Net Income Amount
To Undivided Earnings 958,547
Total Net Income $958,547
Growth Highlights Savings Loans Assets
2022 101,729,090 63,289,677 111,546,664
2021 100,266,494 58,433,420 108,909,020
2020 84,460,590 57,088,391 92,591,023