| Statement of Financial Condition as of July 31, 2010 |
| Assets |
|
| Loans to Members |
$ 17,416,190 |
| Less Allowance for Loan Loss |
(255,574)
|
| Net Loans |
$ 17,160,616 |
| |
|
| Interest Bearing Checking Accounts/Liquid Assets |
734,438
|
| Investment Accounts |
4,718,557 |
| Fixed Assets |
2,360,864 |
| Other Assets |
327,355 |
| Total Assets |
$ 25,301,830 |
| |
| Liabilities and Members' Equity |
|
| Accounts Payable/Dividends Payable |
$373,781 |
| Accrued Expenses |
$47,323 |
| |
|
| Members' Shares |
|
| Shares |
10,260,440 |
| Share Draft Checking |
3,823,729 |
| Christmas Club and Wish Accounts |
1,503,080 |
| Share Certificates |
3,550,833 |
| Individual Retirement Accounts |
3,710,744 |
| Total Members' Shares |
$ 22,848,826 |
| |
|
| Regular Reserve |
600,000 |
| Undivided Earnings |
1,431,900 |
| Total Members' Reserves |
$2,031,900 |
| Total Liability & Equity |
$ 25,301,830 |
| Number of Members: 5,010 |
|
