Statement of Condition

As of December 31, 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$245,186,816
Liquid Assets$9,444,354
Prepaid/Deferred Expenses$2,337,617
Fixed Assets$16,550,864
Accrued Income$613,307
Other Assets$3,098,460
Total Assets$326,520,697
Liabilities & Equity
Accounts & Notes Payable$3,871,152
Accrued Expenses$1,013,410
Other Liabilities$105,258
Total Shares$294,119,433
Total Equity$27,411,444
Total Liabilities & Equity$326,520,697
Number of Members39,288
Total Delinquent Loans$1,471,672
Net Worth Ratio9.46%
Delinquency Rate0.60%