Ingersoll-Rand Federal Credit Union
Financials








INGERSOLL-RAND FEDERAL CREDIT UNION
BALANCE SHEET

 

NOVEMBER 30, 2016

   
   

ASSETS

 
   
Loans - Regular

$  14,910,912.67

Loans - VISA Credit Cards

631,562.73

Loans - PHEAA

555,103.72

VISA Accounts Receivable      0.00
Student Choice Loans 1,110,834.05
Allowance for Loan Losses

(141,029.31)

Allowance for OP Losses (439.94)
   
Cash In Bank 876,792.07
   
Investments:  
Mid-Atlantic Corporate FCU - Shares/Federal Funds 1,669,353.87
Mid-Atlantic Corporate FCU - MCSD 257,404.13
Various CD's (Held to Maturity) 29,130,476.43
Citizens & Northern Bank 7,028,601.94
Central Liquidity Facility (CLF) 154,839.42
   
   
Loans Held For Sale  196,620.74
Prepaid and Deferred Expenses 37,086.14
   
Land 100,000.00
Building 630,676.74
Building - Depreciation (431,466.49)
Furniture and Equipment 374,592.64
Furniture and Equipment - Depreciation (304,235.11)
Other Accounts Receivable 0.00
Accrued Income - Investments 33,793.38
Accrued Income - Loans 36,912.65
   
NCUSIF Insurance Fund 469,159.02
  ___________________
   
TOTAL ASSETS $ 57,327,551.49
   
   
   
LIABILITIES  
   
Accounts Payable $          202,566.29
Money Orders 5,357.69
VISA Chargeback/Payment in Process (704.60)
ATM Suspense/Dispute 0.00
MasterCard Chargeback in Process 464.61
Various Payroll Taxes 2,093.04
   
VISA Gift Cards 200.00
Accrued Dividends 27,465.24
Interest Refund Payable     1,400.00
Accrued Liability - Premium Assessment      0.00
Accrued Property Taxes/Accrued Annual Meeting Expense 3,872.34
Liability for Pension (FAS 158) 292,221.16
Other Liabilities 38,960.96
Unprocessed Data - Home Banking

10,325.12

 

____________________
      TOTAL LIABILITIES     $   584,221.85
   
   
MEMBER'S EQUITY  
   
Shares $ 30,733,670.41
Member CD's 3,422,358.11
Member IRA's 10,825,042.95
   
Regular Reserve 609,048.98
Undivided Earnings

11,509,700.71

Gain/Loss - Investments 597.60
 Unrealized Gain/Loss - Pension (FAS 158) (357,089.12)
  ____________________
      TOTAL EQUITY $  56,743,329.64
   
TOTAL ASSETS

$ 57,327,551.49

 

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