Financial Highlights
2023 Consolidated Financial Statement (Audited) 2023 Annual Report
Balance Sheet*
For the period ending February 28, 2025 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $1,121,929,592 |
| Investments | $327,796,127 |
| Cash | $2,262,039 |
| Other Assets | $75,725,460 |
| Total Assets | $1,527,713,219 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $9,133,468 |
| Shares | $1,410,113,967 |
| Total Liabilities | $1,419,247,435 |
| Reserves | $0 |
| Undivided Earnings | $115,381,681 |
| Unrealized G/L Sec | ($6,915,897) |
| Total Members' Equity | $108,465,784 |
| Total Liabilities and Members' Equity | $1,527,713,219 |
Income Statement*
For the period ending February 28, 2025 (cents omitted)
| Loan Income | $11,030,948 |
| Investment Income | $2,109,774 |
| Total Interest Income | $13,140,722 |
| Total Interest Expense | $6,655,549 |
| Net Interest Income (Expense) | $6,485,173 |
| Provision for Loan Loss | $314,827 |
| Net Interest Income (Expense) after PLL | $6,170,346 |
| Other Operating Income | ($838,088) |
| Other Operating Expense | $5,954,918 |
| Total Other Operating Income (Expense) | ($5,116,830) |
| Net Income | ($1,053,516) |
*Unaudited