Balance Sheet

Balance Sheet 2015
ASSETS

Loans

$47,429,917

Investments

$16,748,436

Building, Furniture, Equipement and Other Assets     $3,451,396
Total Assets     $67,629,749
LIABILITIES

Accounts Payable

$153,552

Members’ Shares & Certificates

$60,737,413

Undivided Earnings

$4,582,438

Reserves $2,156,346
Total Liability Members’ Equities $67,629,749
OPERATING INCOME

Loan Income

$2,026,656

Investment Income

$ 50,831

Misc. Operation Income

$1,359,141

Gross Income

$3,436,628

Total Operating Expenses

$2,747,518

Total Dividends Paid     $211,113
Total Net Income     $477,997
ASSETS GROWTH

1960

1970

1980

1990

$8,634

$141,278

$618,372

$7,259,278

1993

2008

2013

2014

$10,947,421

$36,437,132

$61,257,192

$68,069,742