Financials

Assets

09/30/2025

Assets
LOANS TO MEMBERS Amount
Personal Loans $53,374,289.29
Share Secured $2,126,806.34
New Auto $73,115,006.63
Used Auto $228,098,006.87
Other Secured $33,908,855.37
Real Estate $436,749,532.13
Real Estate 2nd Lien $21,631,975.93
Workout Loans $0.00
Credit Cards $31,793,344.06
Misc. - Non-Member $0.00
TOTAL LOANS $880,797,816.62
Less: Allowance for Losses -$7,919,435.00
NET $872,878,381.62
ACCOUNTS RECEIVABLE $1,035,744.32
CASH ON HAND AND IN BANKS $5,225,766.65
INVESTMENTS
Mutual Funds $0.00
S&L/Bank Deposits $98,652,922.75
Govt. Agency Securities
Federal Agency Securities $250,348,845.17
NCUA Share Deposit $6,704,965.83
TOTAL INVESTMENTS $355,706,733.75
Loans Investments $3,212,738.79 475,673.09
TOTAL ACCRUED INCOME $3,688,411.88
PREPAID EXPENSES $874,932.58
FIXED ASSETS
Land Building Furniture & Fixtures $2,509,640.93 4,692,310.57 1,052,316.31
TOTAL FIXED ASSETS $8,254,267.81
OTHER ASSETS $17,300,530.56
TOTAL ASSETS $1,264,964,769.17

Liabilities & Equity

09/30/2025

LIABILITIES & EQUITY
LIABILITIES Amount
Accounts Payable $11,320,874.01
Notes Payable $75,000,000.00
Dividends Payable $12,219.27
Share Draft $514.27
Money Market $160,416.68
Interest on Certificates $3,359,070.52
IRAs $49,729.23
HSAs $886.75
TOTAL LIABILITIES $89,903,710.73
MEMBER EQUITY
Shares $306,794,185.69
Share Drafts $136,491,445.58
Money Market Shares $115,636,717.66
Term Share Accounts
90 Day $7,162,048.72
6 Month $18,183,685.18
12 Month $191,896,751.33
18 Month $105,170,044.31
2 Years $76,815,006.64
3 Years $37,861,051.79
4 Years $573,337.96
5 Years $2,431,220.54
Total Term Share $440,093,146.47
IRAs $20,123,628.51
HSAs $7,342,827.10
TOTAL DEPOSITS $1,026,481,951.01
Regular Reserves $0.00
Capital $144,132,670.47
Net Income $4,446,436.96
TOTAL EQUITY $148,579,107.43
TOTAL LIABILITIES & EQUITY $1,264,964,769.17

Income Statement

09/30/2025

Income Statement
INCOME This Month Year to Date Budget Year to Date
Interest on Loans $4,567,784.78 $40,498,576.86 $40,755,200.00 $37,911,310.72
Interest on Investments $849,123.73 $6,720,699.41 $6,394,500.00 $8,015,335.46
Other $1,286,628.38 $11,617,162.91 $11,091,500.00 $10,975,126.51
TOTAL INCOME $6,703,536.89 $58,836,439.18 $58,241,200.00 $56,901,772.69
EXPENSES
Compensation $1,208,003.23 $10,667,850.94 $10,969,700.00 $9,667,954.54
Employee Benefits $325,056.97 $2,973,897.34 $3,089,900.00 $2,888,486.06
Travel & Conference $31,498.38 $201,023.75 $209,900.00 $143,368.96
Association Dues $14,539.87 $60,254.90 $45,000.00 $50,738.08
Office Occupancy $202,924.17 $1,808,975.22 $1,776,300.00 $1,663,832.15
Office Operations $437,836.41 $4,352,902.42 $4,366,900.00 $4,130,396.71
Education & Promotion $130,936.05 $1,000,702.57 $1,312,500.00 $855,561.65
Loan Servicing $182,391.70 $1,481,876.87 $1,345,200.00 $1,089,102.57
Professional & Outside $358,861.57 $4,242,565.17 $4,116,200.00 $3,655,377.07
Provision for Loan Losses $496,873.36 $5,685,724.92 $4,864,200.00 $4,216,801.48
NCUA/Members Ins $0.00 $0.00 $0.00 $0.00
Fed. Supv/Exam $19,635.99 $185,115.93 $201,900.00 $183,875.28
Cash Over/Short $1.36 -$5,911.60 $3,700.00 -$4,205.96
Interest on Borrowed Money $355,600.01 $4,199,519.27 $4,848,200.00 $8,031,880.06
Annual Meeting $1,916.67 $17,250.03 $17,200.00 $17,250.03
Misc. Operating $326,498.23 $1,171,091.03 $847,400.00 $361,655.35
Patronage Dividend $450,000.00 $2,000,000.00 $1,000,000.00
TOTAL EXPENSES $4,542,573.97 $40,042,838.76 $39,014,200.00 $36,952,074.03
GAINS(LOSSES) $0.00 -$129,471.24 $7,300.00 -$285.00
INCOME BEFORE DIVIDENDS $2,160,962.92 $18,664,129.18 $19,234,300.00 $19,949,413.66
COST OF FUNDS
LESS SHARE DIVIDENDS $12,219.27 $110,113.65 $114,200.00 $110,987.84
SHARE DRAFT DIVIDENDS $514.27 $4,806.34 $3,700.00 $4,459.99
MONEY MARKET DIVIDENDS $160,416.68 $1,442,201.66 $1,642,200.00 $1,419,852.13
INTEREST ON TERM SHARES $1,426,315.12 $12,192,165.48 $12,054,900.00 $13,814,917.77
IRA INTEREST $49,728.89 $460,760.86 $468,900.00 $403,034.20
HSA $886.75 $7,644.23 $7,500.00 $5,172.22
TOTAL COST OF FUNDS $1,650,080.98 $14,217,692.22 $14,291,400.00 $15,758,424.15
LESS RESERVE TRANSFER $0.00 $0.00 $0.00 $0.00
NET INCOME $510,881.94 $4,446,436.96 $4,942,900.00 $4,190,989.51