 |
| Statement of Financial Condition |
|
(in 000's) |
|
|
|
|
| Assets |
October 08 |
October 07 |
| Dealer loans |
44,133 |
47,934 |
| Consumer loans |
33,178 |
34,426 |
| Home equity loans |
1,972 |
1,524 |
| Visa loans |
16,821 |
16,604 |
| Mortgage loans |
135,813 |
124,974 |
| Business loans |
2,812 |
1,142 |
| Total loans |
$234,729 |
$226,604 |
| Allowance for loan loss |
(1,255) |
(1,057) |
| Net loans |
$233,474 |
$225,547 |
| Investments |
93,329 |
51,080 |
|
|
|
| Accounts receivable (member EFTs) |
5,412 |
4,979 |
| Cash |
6,878 |
5,330 |
| Prepaid & deferred charges |
1,550 |
1,601 |
|
|
|
| Total land |
2,363 |
1,530 |
| Buildings - net |
9,518 |
7,855 |
| Furniture & equipment - net |
1,795 |
1,564 |
| Total fixed assets |
$13,676 |
$10,949 |
|
|
|
| Accrued interest |
1,073 |
957 |
| NCUA insurance deposit |
2,830 |
2,454 |
| Other assets |
2,026 |
1,145 |
|
|
|
| Total assets |
$360,248 |
$304,042 |
|
|
|
| Liabilities & Equity |
|
|
| Accrued expenses & liabilities |
$1,958 |
$2,960 |
| Loans at Members United Corp FCU |
$7,000 |
$12,000 |
|
|
|
| Savings |
150,929 |
116,189 |
| Checking |
37,640 |
32,565 |
| IRA |
13,600 |
12,954 |
| Certificates |
114,000 |
95,227 |
| Total deposits |
$316,169 |
$256,935 |
|
|
|
| Equity |
|
|
| Reserves |
7,015 |
7,015 |
| Undivided earnings |
24,963 |
22,579 |
| Unrealized gain (loss) |
(190) |
451 |
| Net income |
3,333 |
2,102 |
| Total equity |
$35,121 |
$32,147 |
|
|
|
| Total Liabilities and Equity |
$360,248 |
$304,042 |
|
|
|
