Statement of Condition

As of July 31, 2014

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: Stanley Rittenhouse, CEO/Treasurer & D.E. Droppleman, CFO


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


Assets
Total Net Loans$234,989,549
Liquid Assets$6,848,110
Investments$34,938,935
Receivables$479,911
Prepaid/Deferred Expenses$3,480,472
Fixed Assets$9,742,128
Accrued Income$546,295
Other Assets$3,303,517
Total Assets$294,328,917
Liabilities & Equity
Accounts & Notes Payable$3,192,494
Accrued Expenses$848,841
Other Liabilities$0
Total Shares$265,790,867
Total Equity$24,496,715
Total Liabilities & Equity$294,328,917
Statistics
Number of Members37,967
Total Delinquent Loans$306,744
Net Worth Ratio8.95%
Delinquency Rate0.13%