Statement of Condition

As of October 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$244,245,857
Liquid Assets$8,452,493
Investments$45,397,126
Receivables$838,383
Prepaid/Deferred Expenses$2,430,889
Fixed Assets$16,184,614
Accrued Income$549,384
Other Assets$3,393,399
Total Assets$321,492,145
Liabilities & Equity
Accounts & Notes Payable$2,713,759
Accrued Expenses$1,007,165
Other Liabilities$113,491
Total Shares$290,494,076
Total Equity$27,163,654
Total Liabilities & Equity$321,492,145
Statistics
Number of Members39,207
Total Delinquent Loans$1,255,143
Net Worth Ratio9.54%
Delinquency Rate0.51%