Reed Credit Union
FINANCIAL REPORT
STATEMENT OF CONDITION
AS OF DECEMBER 31, 2022

ASSETS
LOANS                  3,978,655 LOAN LOSS RESERVE                     (19,893) INVESTMENTS                12,240,234 CASH                      387,006 FIXED ASSETS                        42,868 OTHER ASSETS                      131,846 TOTAL ASSETS                16,760,716
LIABILITIES & EQUITY
ACCOUNTS PAYABLE                          1,467 OTHER LIABILITIES                        28,317 DEPOSITS                14,233,200 EQUITY                  2,497,732 TOTAL LIABILITES & EQUITY                16,760,716
INCOME & EXPENSES TOTAL INCOME                      431,866 TOTAL FUNDS COST                      (40.695) TOTAL EXPENSES                    (433,669) NET INCOME(X-FER FROM UNDIVIDED EARNINGS)                      (42,478)