Statement of Condition

As of May 31, 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$242,838,602
Liquid Assets$8,209,252
Investments$51,952,519
Receivables$798,563
Prepaid/Deferred Expenses$3,585,490
Fixed Assets$15,191,153
Accrued Income$551,881
Other Assets$3,528,283
Total Assets$326,655,743
Liabilities & Equity
Accounts & Notes Payable$3,203,102
Accrued Expenses$973,667
Other Liabilities$92,338
Total Shares$294,790,206
Total Equity$27,596,430
Total Liabilities & Equity$326,655,743
Statistics
Number of Members38,959
Total Delinquent Loans$540,702
Net Worth Ratio9.07%
Delinquency Rate0.22%