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Financial Report

In PDF format click here

Reed Credit Union
FINANCIAL REPORT
STATEMENT OF CONDITION
AS OF DECEMBER 31, 2016

ASSETS

 

 

 

LOANS                     1,685,487
LOAN LOSS RESERVE                       (13,375)
INVESTMENTS                 14,348,225
CASH                       356,921
FIXED ASSETS                         48,204
OTHER ASSETS                       153,140
TOTAL ASSETS                 16,543,826

 

 

LIABILITIES & EQUITY

 

 

 

ACCOUNTS PAYABLE                               476
OTHER LIABILITIES                         24,466
DEPOSITS                 14,001,286
EQUITY                   2,517,598
TOTAL LIABILITES & EQUITY                 16,543,826

 

 

INCOME & EXPENSES

 

 

 

TOTAL INCOME                       372,064
TOTAL FUNDS COST                       (22,461)
TOTAL EXPENSES                    (415,928)
NET INCOME                       (66,325)

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