Statement of Condition

As of March 31, 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$225,737,856
Liquid Assets$8,236,046
Investments$52,135,175
Receivables$419,779
Prepaid/Deferred Expenses$3,680,700
Fixed Assets$9,535,035
Accrued Income$528,182
Other Assets$3,269,098
Total Assets$303,541,871
Liabilities & Equity
Accounts & Notes Payable$3,425,990
Accrued Expenses$805,997
Other Liabilities$9,220
Total Shares$275,268,105
Total Equity$24,032,559
Total Liabilities & Equity$303,541,871
Statistics
Number of Members37,919
Total Delinquent Loans$148,851
Net Worth Ratio8.45%
Delinquency Rate0.07%