Ingersoll-Rand Federal Credit Union

Financials








INGERSOLL-RAND FEDERAL CREDIT UNION
BALANCE SHEET

 

APRIL 30, 2015

   
   

ASSETS

 
   
Loans - Regular

$  12,608,414.97

Loans - VISA Credit Cards

637,220.14

Loans - PHEAA

651,149.77

VISA Cash Advance      200.00
Student Choice Loans 774,959.52
Allowance for Loan Losses

(64,851.34)

Allowance for OP Losses (145.19)
   
Cash In Bank 1,046,531.81
   
Investments:  
Mid-Atlantic Corporate FCU - Shares/Federal Funds 2,579,475.37
Mid-Atlantic Corporate FCU - MCSD 257,404.13
Various CD's (Held to Maturity) 39,102,897.79
Citizens & Northern Bank 2,147,383.63
Central Liquidity Facility (CLF) 154,066.25
   
   
Loans Held For Sale  203,823.91
Prepaid and Deferred Expenses 79,035.25
   
Land 100,000.00
Building 630,676.74
Building - Depreciation (400,333.52)
Furniture and Equipment 384,499.18
Furniture and Equipment - Depreciation (319,802.12)
Other Accounts Receivable 4,600.00
Accrued Income - Investments 56,108.46
Accrued Income - Loans 27,712.10
   
NCUSIF Insurance Fund 485,345.17
  ___________________
   
TOTAL ASSETS $ 61,146,371.99
   
   
   
LIABILITIES  
   
Accounts Payable $          53,842.32
Money Orders 3,070.48
VISA Chargeback/Payment in Process 0.00
ATM Suspense/Dispute 0.00
MasterCard Chargeback in Process 353.76
Various Payroll Taxes 4,363.08
   
VISA Gift Cards 0.00
Accrued Dividends 19,210.36
Interest Refund Payable     1,000.00
Accrued Liability - Premium Assessment      8,333.32
Accrued Property Taxes/Accrued Annual Meeting Expense 5848.59
Liability for Pension (FAS 158) 292,221.16
Other Liabilities 7,323.22
Unprocessed Data - Home Banking

12,372.38

 

____________________
      TOTAL LIABILITIES     $   407,938.67
   
   
MEMBER'S EQUITY  
   
Shares $ 32,810,981.95
Member CD's 4,332,094.72
Member IRA's 12,060,772.11
   
Regular Reserve 609,048.98
Undivided Earnings

11,282,624.68

Gain/Loss - Investments 0.00
 Unrealized Gain/Loss - Pension (FAS 158) (357,089.12)
  ____________________
      TOTAL EQUITY $  60,738,433.32
   
TOTAL ASSETS

$ 61,146,371.99 

 
 

Apply for a loan!

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

Notices, Terms, and Conditions

Privacy Policy  -  Design & Hosting by Harland Financial Solutions, Inc.™  -  Browser Requirements
Copyright Harland Financial Solutions, Inc. All Rights Reserved.

 

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