Statement of Condition

As of April 30, 2015

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$231,418,992
Liquid Assets$7,041,553
Investments$61,410,980
Receivables$774,932
Prepaid/Deferred Expenses$3,790,366
Fixed Assets$11,003,781
Accrued Income$526,263
Other Assets$3,067,168
Total Assets$319,034,035
Liabilities & Equity
Accounts & Notes Payable$3,632,767
Accrued Expenses$882,023
Other Liabilities$6,975
Total Shares$288,729,626
Total Equity$25,782,644
Total Liabilities & Equity$319,034,035
Statistics
Number of Members38,213
Total Delinquent Loans$382,032
Net Worth Ratio8.65%
Delinquency Rate0.16%