Statement of Condition

As of August 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$244,166,689
Liquid Assets$8,125,469
Investments$45,161,900
Receivables$643,822
Prepaid/Deferred Expenses$2,534,381
Fixed Assets$15,089,246
Accrued Income$570,214
Other Assets$3,475,251
Total Assets$319,766,972
Liabilities & Equity
Accounts & Notes Payable$3,110,672
Accrued Expenses$901,884
Other Liabilities$119,820
Total Shares$289,224,389
Total Equity$26,410,207
Total Liabilities & Equity$319,766,972
Statistics
Number of Members39,139
Total Delinquent Loans$928,666
Net Worth Ratio9.36%
Delinquency Rate0.38%