 |
 |
| INGERSOLL-RAND FEDERAL CREDIT UNION |
| BALANCE SHEET |
|
JUNE 30, 2010
|
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|
|
ASSETS
|
|
| |
|
| Loans - Regular |
$ 17,174,808.15 |
| Loans - VISA Credit Cards |
691,235.63
|
| Loans - PHEAA |
1,256,649.10
|
| VISA Cash Advance |
0.00 |
| VISA Accounts Receivable |
0.00 |
| Allowance for Loan Losses |
(229,366.27)
|
| |
|
| |
|
| Cash In Bank |
966,031.23 |
| |
|
| Investments: |
|
| Mid-Atlantic Corporate FCU - Shares/Federal Funds |
2,264,592.06 |
| Mid-Atlantic Corporate FCU - MCSD |
257,404.13 |
| Various CD's (Held to Maturity) |
35,371,724.53 |
| Citizens & Northern Bank |
754,586.59 |
| |
|
| |
|
| |
|
| |
|
| Prepaid and Deferred Expenses |
53,049.62 |
| |
|
| Land |
100,000.00 |
| Building |
590,096.98 |
| Building - Depreciation |
(292,404.44) |
| Furniture and Equipment |
420,043.35 |
| Furniture and Equipment - Depreciation |
(363,379.56) |
| Other Accounts Receivable |
1,573.90 |
| Accrued Income - Investments |
74,544.77 |
| Accrued Income - Loans |
46,724.60 |
| Asset Held for Disposition |
0.00 |
| NCUSIF Insurance Fund |
457,108.03 |
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___________________ |
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|
| TOTAL ASSETS |
$ 59,595,022.70 |
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| LIABILITIES |
|
| |
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| Accounts Payable |
$ (500.00) |
| Money Orders |
2,417.14 |
| VISA Chargeback in Process |
0.00 |
| VISA Adjustment in Process |
0.00 |
| MasterCard Chargeback in Process |
(1,369.39) |
| Various Payroll Taxes |
2,860.54 |
| |
|
| VISA Gift Cards |
50.00 |
| Accrued Dividends |
70,946.45 |
| Interest Refund Payable |
0.00 |
| Accrued Liability - Premium Assessment |
63,689.20 |
| Prepaid Pension Expense (FAS 158) |
0.00 |
| Liability for Pension (FAS 158) |
291,719.00 |
| Other Liabilities |
1,436.73 |
| Unprocessed Data - Home Banking |
12,713.45
|
|
|
____________________ |
| TOTAL LIABILITIES |
$ 443,963.12 |
| |
|
| |
|
| MEMBER'S EQUITY |
|
| |
|
| Shares |
$ 26,455,745.40 |
| Member CD's |
8,720,248.11 |
| Member IRA's |
13,573,935.73 |
| |
|
| Regular Reserve |
609,048.98 |
| Undivided Earnings |
10,009,070.36
|
| Gain/Loss - Investsments |
0.00 |
| Unrealized Gain/Loss - Pension (FAS 158) |
(216,989.00) |
| |
____________________ |
| TOTAL EQUITY |
$ 59,151,059.58 |
| |
|
| TOTAL ASSETS |
$ 59,595,022.70
|
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