|
Treasurer's
Report
Financial Statement August 31, 2002 |
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ASSET
ACCOUNTS
|
2002
|
2001
|
2000
|
|
Loans |
2,960,422
|
2,481,289
|
2,457,713
|
|
Allowance for Loan Loss |
(205,636)
|
(119,761)
|
(81,056)
|
|
Net Outstanding Loans |
2,754,786
|
2,361,528
|
2,376,657
|
|
Cash |
2,199,010
|
783,884
|
483,752
|
|
Investments |
3,747,995
|
5,205,949
|
3,974,086
|
|
NCUA Share Insurance Fund |
73,215
|
67,889
|
52,493
|
|
Net Leasehold Improvement |
154,847
|
147,702
|
2,967
|
|
Other Assets |
339,375
|
261,603
|
110,534
|
|
Total
Assets
|
9,269,228
|
8,828,555
|
7,000,489
|
| LIABILITIES | |||
|
181,407
|
79,793
|
176,311
|
|
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EQUITY
ACCOUNTS
|
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|
Member Share |
5,964,999
|
5,455,085
|
3,749,410
|
|
Non Member Shares |
2,137,673
|
2,137,203
|
1,965,798
|
|
Regular Reserves |
113,890
|
157,922
|
142,178
|
|
Donated Capital |
20,860
|
20,860
|
646,203
|
|
CDFI Grant |
500,000
|
489,095
|
489,095
|
|
Contingency for TA |
|
13,799
|
|
|
Undivided Earnings |
350,399
|
374,797
|
320,589
|
|
Total Equity |
9,087,821
|
8,748,761
|
6,824,178
|
|
|
|
|
|
|
Total Liability and Equity |
9,269,228
|
8,828,555
|
7,000,489
|
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Copyright © 2002, Bethex
Federal Credit Union. All Rights Reserved.
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