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JM Associates Federal Credit Union Notes to the Financial Statements Past Due Loans by Class The following tables present the aging of the recorded investment in past due loans by class of loans. Also included are loans that are ninety days or more past due by loan class. As of September 30, 2017 Current 60-89 Days Past Due Loans Past Due 90 Days or > Total Residential first mortgage real estate $ 5,514,865 $ - $ - $ 5,514,865 Residential second mortgage real estate 3,231,825 - - 3,231,825 Consumer secured 22,777,502 164,858 121,906 23,064,266 Consumer unsecured 14,821,453 64,736 113,115 14,999,304 Total $ 46,345,645 $ 229,594 $ 235,021 $ 46,810,260 As of September 30, 2016 Current 60-89 Days Past Due Loans Past Due 90 Days or > Total Residential first mortgage real estate $ 5,880,498 $ - $ - $ 5,880,498 Residential second mortgage real estate 3,046,738 - 24,014 3,070,752 Consumer secured 20,590,158 106,665 55,301 20,752,124 Consumer unsecured 14,054,515 103,497 35,297 14,193,309 Total $ 43,571,909 $ 210,162 $ 114,612 $ 43,896,683 The accrual of interest income on loans is discontinued at the time the loan is ninety days past due or when the collection of interest or principal becomes uncertain, unless the credit is well-secured and in the process of collection. Loans on which the accrual of interest has been discontinued approximated $235,000 and $115,000 as of September 30, 2017 and 2016, respectively. There were no loans ninety days or more past due and still accruing interest as of September 30, 2017 or 2016. Loans are assessed for credit quality based on the contractual aging status of the loan and payment activity. Such assessment is completed at the end of each audit period. 23 The Way We Do Things Has Changed. Who We Are Has Not! • 2017 Annual Report