Statement of Condition

As of September 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

Total Net Loans$244,319,624
Liquid Assets$7,058,531
Prepaid/Deferred Expenses$2,461,063
Fixed Assets$16,233,377
Accrued Income$497,225
Other Assets$3,353,124
Total Assets$324,336,082
Liabilities & Equity
Accounts & Notes Payable$2,956,275
Accrued Expenses$987,125
Other Liabilities$117,358
Total Shares$293,258,037
Total Equity$27,017,287
Total Liabilities & Equity$324,336,082
Number of Members39,210
Total Delinquent Loans$944,988
Net Worth Ratio9.40%
Delinquency Rate0.39%