Statement of Condition

As of December 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$239,390,686
Liquid Assets$7,824,193
Prepaid/Deferred Expenses$3,286,916
Fixed Assets$15,114,964
Accrued Income$631,352
Other Assets$3,135,969
Total Assets$319,795,778
Liabilities & Equity
Accounts & Notes Payable$2,695,487
Accrued Expenses$942,087
Other Liabilities$15,435
Total Shares$289,328,538
Total Equity$26,814,231
Total Liabilities & Equity$319,795,778
Number of Members38,576
Total Delinquent Loans$1,017,740
Net Worth Ratio9.09%
Delinquency Rate0.42%