Statement of Condition

As of April 30, 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$242,441,386
Liquid Assets$7,289,135
Investments$58,073,595
Receivables$1,014,465
Prepaid/Deferred Expenses$3,643,696
Fixed Assets$15,236,728
Accrued Income$510,142
Other Assets$3,610,765
Total Assets$331,819,912
Liabilities & Equity
Accounts & Notes Payable$4,730,043
Accrued Expenses$899,753
Other Liabilities$95,615
Total Shares$298,632,765
Total Equity$27,461,736
Total Liabilities & Equity$331,819,912
Statistics
Number of Members38,885
Total Delinquent Loans$593,886
Net Worth Ratio8.90%
Delinquency Rate0.24%