Ingersoll-Rand Federal Credit Union

Financials








INGERSOLL-RAND FEDERAL CREDIT UNION
BALANCE SHEET

 

MARCH 31, 2015

   
   

ASSETS

 
   
Loans - Regular

$  12,576,040.11

Loans - VISA Credit Cards

612,205.69

Loans - PHEAA

652,660.06

VISA Cash Advance      1,000.00
Student Choice Loans 768,451.99
Allowance for Loan Losses

(64,797.15)

Allowance for OP Losses (132.76)
   
Cash In Bank 1,113,275.75
   
Investments:  
Mid-Atlantic Corporate FCU - Shares/Federal Funds 677,036.19
Mid-Atlantic Corporate FCU - MCSD 257,404.13
Various CD's (Held to Maturity) 38,953,897.79
Citizens & Northern Bank 3,663,229.75
Central Liquidity Facility (CLF) 153,971.75
   
   
Loans Held For Sale  301,961.09
Prepaid and Deferred Expenses 40,572.18
   
Land 100,000.00
Building 630,676.74
Building - Depreciation (398,457.94)
Furniture and Equipment 386,663.18
Furniture and Equipment - Depreciation (325,536.08)
Other Accounts Receivable 0.00
Accrued Income - Investments 59,433.44
Accrued Income - Loans 27,001.60
   
NCUSIF Insurance Fund 491,628.80
  ___________________
   
TOTAL ASSETS $ 60,678,186.31
   
   
   
LIABILITIES  
   
Accounts Payable $          41,959.19
Money Orders 5,175.12
VISA Chargeback/Payment in Process 0.00
ATM Suspense/Dispute 0.00
MasterCard Chargeback in Process 612.68
Various Payroll Taxes 4,404.53
   
VISA Gift Cards 0.00
Accrued Dividends 16,785.47
Interest Refund Payable     0.00
Accrued Liability - Premium Assessment      6,249.99
Accrued Property Taxes/Accrued Annual Meeting Expense 9,001.94
Liability for Pension (FAS 158) 292,221.16
Other Liabilities 23,860.51
Unprocessed Data - Home Banking

6,647.40

 

____________________
      TOTAL LIABILITIES     $   406,917.99
   
   
MEMBER'S EQUITY  
   
Shares $ 32,396,808.79
Member CD's 4,266,020.04
Member IRA's 12,080,830.24
   
Regular Reserve 609,048.98
Undivided Earnings

11,275,649.39

Gain/Loss - Investments 0.00
 Unrealized Gain/Loss - Pension (FAS 158) (357,089.12)
  ____________________
      TOTAL EQUITY $  60,271,268.32
   
TOTAL ASSETS

$ 60,678,186.31 

 
 

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