Statement of Condition

As of June 30, 2016

Based upon our knowledge these financial statements truly and fairly present in all material respects Fairmont Federal Credit Union's financial condition and results of operations. Acknowledged by: Walter "Butch" Osborne & D.E. Droppleman, CFO


This credit union is federally insured by the National Credit Union Administration


Assets
Total Net Loans$242,028,989
Liquid Assets$7,193,181
Investments$49,578,785
Receivables$897,790
Prepaid/Deferred Expenses$1,952,158
Fixed Assets$15,173,812
Accrued Income$558,435
Other Assets$3,543,521
Total Assets$320,926,671
Liabilities & Equity
Accounts & Notes Payable$2,867,121
Accrued Expenses$878,185
Other Liabilities$89,041
Total Shares$290,937,266
Total Equity$26,155,058
Total Liabilities & Equity$320,926,671
Statistics
Number of Members39,032
Total Delinquent Loans$985,168
Net Worth Ratio9.26%
Delinquency Rate0.41%