Our Financials

Asset Amount
Cash 2,159,609
Personal Loans (Net) 24,605,864
Real Estate Loans 30,115,303
Allowance for Loan Loss -252,822
Accrued Income 132,079
Investments 10,545,021
Pre-Paid Expenses 36,613
Fixed Assets 1,502,064
Other Assets 28,392
Total Assets $68,872,123

Liablilities Amount
Regular Savings (Shares) 33,106,493
Christmas Savings 77,492
Individual Retirement Accounts 4,012,494
1st Insured Money Market 3,229,767
Certificates of Deposit 6,201,509
Share Draft 15,504,803
Accrued Dividends 60,260
Regular Reserve 1,801,531
Other Reserves 4,308,425
Other Liabilities/Notes Payable 569,349
Deferred Credits 0
Total Liablilities $68,872,123
Income Type Amount
Interest on Loans 2,321,011
Interest on Investments 179,324
Other Income 1,037,651
Total Income $3,537,986
Expense Type Amount
Salaries and Related Expenses 1,172,285
Member Insurance 11,700
Promotion and Education 60,051
Office Operations 901,682
Office Occupancy 215,138
Professional Services 65,014
Other Expenses 285,289
Cost of Funds 61,808
(Dividends to Members)
Total Expenses $2,772,967
Distribution of Net Income Amount
To Undivided Earnings 765,019
Total Net Income $765,019
Growth Highlights Savings Loans Assets
2018 62,132,558 54,721,167 68,872,123
2017 61,853,985 51,297,678 67,832,626
2016 60,185,461 50,592,263 65,931,439