Financial Highlights
2023 Consolidated Financial Statement (Audited) 2023 Annual Report
Balance Sheet*
For the period ending March 31, 2025 (cents omitted)
| ASSETS | |
| Loans, net of Allowance for Loss | $1,111,489,051 |
| Investments | $349,521,135 |
| Cash | $2,512,410 |
| Other Assets | $76,187,240 |
| Total Assets | $1,539,709,837 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Line of Credit | $0 |
| Other Liabilities | $8,048,451 |
| Shares | $1,423,135,590 |
| Total Liabilities | $1,431,184,041 |
| Reserves | $0 |
| Undivided Earnings | $115,408,974 |
| Unrealized G/L Sec | ($6,883,179) |
| Total Members' Equity | $108,525,795 |
| Total Liabilities and Members' Equity | $1,539,709,837 |
Income Statement*
For the period ending March 31, 2025 (cents omitted)
| Loan Income | $16,956,616 |
| Investment Income | $3,270,733 |
| Total Interest Income | $20,227,350 |
| Total Interest Expense | $10,138,129 |
| Net Interest Income (Expense) | $10,089,220 |
| Provision for Loan Loss | $693,459 |
| Net Interest Income (Expense) after PLL | $9,395,761 |
| Other Operating Income | ($1,257,696) |
| Other Operating Expense | $9,572,648 |
| Total Other Operating Income (Expense) | ($8,314,952) |
| Net Income | ($1,080,809) |
*Unaudited