Assets 2018 2017
Increase/(Decrease)
During 2018
Total Loans to Members $167,475,151 $153,056,566 $14,418,585
Investments $35,415,897 $29,373,883 $6,042,014
Other Assets $2,959,897 $3,167,835 ($207,938)
Total Assets $205,850,945 $185,598,284 $20,252,661
Liabilities
Payables $10,073,977 $10,169,501 ($95,524)
Other Liabilities $109,939 $105,861 $4,078
Total Liabilities $10,183,916 $10,275,362 ($91,446)
Member & Non-Member
Accounts
$176,225,073 $156,652,373 $19,572,700
Reserves $19,441,956 $18,670,549 $771,407
Total Deposits & Equity $195,667,029 $175,322,922 $20,344,107
Total Liabilities & Equity $205,850,945 $185,598,284 $20,252,661
STATEMENT OF FINANCIAL CONDITION
As of December 31, 2018 and 2017
2018 2017
Increase/(Decrease)
During 2018
Income $10,483,289 $9,008,781 $1,474,508
Operating Expenses ($8,103,369) ($7,267,179) $836,190
Income from Operations $2,379,920 $1,741,602 $638,318
Dividends to Members ($1,343,324) ($895,655) $447,669
Gain on Investments $0 $0 $0
Net Income $1,036,596 $845,947 $190,649
INCOME STATEMENT
For the Years Ending December 31, 2018 and 2017
