Statement of Condition

As of March 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


Assets
Total Net Loans$232,306,609
Liquid Assets$7,611,637
Investments$62,172,302
Receivables$1,094,558
Prepaid/Deferred Expenses$3,762,755
Fixed Assets$10,971,131
Accrued Income$509,745
Other Assets$3,030,209
Total Assets$321,459,546
Liabilities & Equity
Accounts & Notes Payable$3,599,780
Accrued Expenses$857,736
Other Liabilities$9,272
Total Shares$291,386,781
Total Equity$25,605,977
Total Liabilities & Equity$321,459,546
Statistics
Number of Members38,245
Total Delinquent Loans$94,332
Net Worth Ratio8.53%
Delinquency Rate0.04%