Ingersoll-Rand Federal Credit Union
Financials








INGERSOLL-RAND FEDERAL CREDIT UNION
BALANCE SHEET

 

MARCH 31, 2016

   
   

ASSETS

 
   
Loans - Regular

$  13,331,010.63

Loans - VISA Credit Cards

624,794.35

Loans - PHEAA

586,611.83

VISA Accounts Receivable      0.00
Student Choice Loans 992,362.08
Allowance for Loan Losses

(114,714.60)

Allowance for OP Losses (1,119.68)
   
Cash In Bank 1,111,596.14
   
Investments:  
Mid-Atlantic Corporate FCU - Shares/Federal Funds 5,534,189.36
Mid-Atlantic Corporate FCU - MCSD 257,404.13
Various CD's (Held to Maturity) 31,451,398.83
Citizens & Northern Bank 5,068,660.68
Central Liquidity Facility (CLF) 154,355.00
   
   
Loans Held For Sale  199,827.48
Prepaid and Deferred Expenses 22,595.50
   
Land 100,000.00
Building 630,676.74
Building - Depreciation (418,380.41)
Furniture and Equipment 366,715.07
Furniture and Equipment - Depreciation (284,199.90)
Other Accounts Receivable 4,040.00
Accrued Income - Investments 54,668.08
Accrued Income - Loans 32,270.16
   
NCUSIF Insurance Fund 478,822.60
  ___________________
   
TOTAL ASSETS $ 60,183,584.07
   
   
   
LIABILITIES  
   
Accounts Payable $          187,601.00
Money Orders 953.19
VISA Chargeback/Payment in Process 0.00
ATM Suspense/Dispute 0.00
MasterCard Chargeback in Process (2,890.68)
Various Payroll Taxes 5,760.96
   
VISA Gift Cards 0.00
Accrued Dividends 15,672.89
Interest Refund Payable     0.00
Accrued Liability - Premium Assessment      6,249.99
Accrued Property Taxes/Accrued Annual Meeting Expense 4,388.10
Liability for Pension (FAS 158) 292,221.16
Other Liabilities 25,464.89
Unprocessed Data - Home Banking

5,041.78

 

____________________
      TOTAL LIABILITIES     $   540,463.28
   
   
MEMBER'S EQUITY  
   
Shares $ 33,002,362.19
Member CD's 3,641,139.67
Member IRA's 11,309,550.94
   
Regular Reserve 609,048.98
Undivided Earnings

11,438,108.23

Gain/Loss - Investments 0.00
 Unrealized Gain/Loss - Pension (FAS 158) (357,089.12)
  ____________________
      TOTAL EQUITY $  59,643,120.79
   
TOTAL ASSETS

$ 60,183,584.07 

 
 

Apply for a loan!

[ Home | Rates | Products | Services | Online Services | Repos | About Us | Contact Us ]

Notices, Terms, and Conditions

Privacy Policy  -  Design & Hosting by D+H™  -  Browser Requirements
Copyright D+H All Rights Reserved.

 

America's Credit Unions National Credit Union Association Equal Housing Lender