Statement of Condition

As of July 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$242,122,998
Liquid Assets$6,982,849
Investments$54,484,840
Receivables$758,426
Prepaid/Deferred Expenses$2,022,034
Fixed Assets$15,118,091
Accrued Income$536,722
Other Assets$3,543,379
Total Assets$325,569,339
Liabilities & Equity
Accounts & Notes Payable$4,227,542
Accrued Expenses$884,967
Other Liabilities$85,714
Total Shares$294,085,749
Total Equity$26,285,367
Total Liabilities & Equity$325,569,339
Statistics
Number of Members39,073
Total Delinquent Loans$1,002,875
Net Worth Ratio9.15%
Delinquency Rate0.41%