Statement of Condition

As of August 31, 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

Total Net Loans$235,501,996
Liquid Assets$8,788,168
Prepaid/Deferred Expenses$3,399,454
Fixed Assets$13,212,497
Accrued Income$520,539
Other Assets$3,030,654
Total Assets$317,991,692
Liabilities & Equity
Accounts & Notes Payable$4,821,883
Accrued Expenses$846,559
Other Liabilities$22,858
Total Shares$286,217,694
Total Equity$26,082,698
Total Liabilities & Equity$317,991,692
Number of Members38,433
Total Delinquent Loans$865,661
Net Worth Ratio8.90%
Delinquency Rate0.37%