Statement of Condition

As of June 30, 2014

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: Stanley Rittenhouse, CEO/Treasurer & D.E. Droppleman, CFO


This credit union is federally insured by the National Credit Union Administration


Assets
Total Net Loans$233,672,337
Liquid Assets$9,457,435
Investments$38,538,109
Receivables$578,219
Prepaid/Deferred Expenses$3,337,709
Fixed Assets$9,644,564
Accrued Income$532,630
Other Assets$3,255,889
Total Assets$299,016,892
Liabilities & Equity
Accounts & Notes Payable$4,198,619
Accrued Expenses$973,152
Other Liabilities$2,317
Total Shares$269,517,345
Total Equity$24,325,459
Total Liabilities & Equity$299,016,892
Statistics
Number of Members37,963
Total Delinquent Loans$392,116
Net Worth Ratio8.75%
Delinquency Rate0.17%