Financial Highlights

2023 Consolidated Financial Statement (Audited) 2023 Annual Report

Balance Sheet*

For the period ending November 30, 2024 (cents omitted)

ASSETS
Loans, net of Allowance for Loss	$1,137,733,372
Investments	$293,234,876
Cash	$2,298,069
Other Assets	$71,600,320
Total Assets	$1,504,866,636
LIABILITIES AND MEMBERS' EQUITY
Line of Credit	$0
Other Liabilities	$9,352,527
Shares	$1,387,828,669
Total Liabilities	$1,397,181,196
Reserves	$0
Undivided Earnings	$114,966,038
Unrealized G/L Sec	($7,280,597)
Total Members' Equity	$107,685,441
Total Liabilities and Members' Equity	$1,504,866,636

Income Statement*

For the period ending November 30, 2024 (cents omitted)

Loan Income	$65,196,079
Investment Income	$15,020,154
Total Interest Income	$80,216,233
Total Interest Expense	$39,096,626
Net Interest Income (Expense)	$41,119,607
Provision for Loan Loss	$10,247,733
Net Interest Income (Expense) after PLL	$30,871,874
Other Operating Income	($3,184,750)
Other Operating Expense	$33,439,145
Total Other Operating Income (Expense)	($36,623,895)
Net Income	($5,752,021)

*Unaudited

Download 2023 Annual Report