Ingersoll-Rand Federal Credit Union

Financials








INGERSOLL-RAND FEDERAL CREDIT UNION
BALANCE SHEET

 

JUNE 30, 2015

   
   

ASSETS

 
   
Loans - Regular

$  12,697,577.09

Loans - VISA Credit Cards

648,789.09

Loans - PHEAA

636,890.70

VISA Cash Advance      0.00
Student Choice Loans 777,091.95
Allowance for Loan Losses

(76,386.48)

Allowance for OP Losses (548.48)
   
Cash In Bank 1,216,253.59
   
Investments:  
Mid-Atlantic Corporate FCU - Shares/Federal Funds 1,480,178.05
Mid-Atlantic Corporate FCU - MCSD 257,404.13
Various CD's (Held to Maturity) 39,552,396.83
Citizens & Northern Bank 1,580,909.23
Central Liquidity Facility (CLF) 154,066.25
   
   
Loans Held For Sale  202,871.73
Prepaid and Deferred Expenses 62,426.43
   
Land 100,000.00
Building 630,676.74
Building - Depreciation (403,658.57)
Furniture and Equipment 384,499.18
Furniture and Equipment - Depreciation (324,050.20)
Other Accounts Receivable 0.00
Accrued Income - Investments 55,319.16
Accrued Income - Loans 31,235.46
   
NCUSIF Insurance Fund 485,345.17
  ___________________
   
TOTAL ASSETS $ 60,149,287.05
   
   
   
LIABILITIES  
   
Accounts Payable $          78,121.49
Money Orders 4,884.78
VISA Chargeback/Payment in Process 0.00
ATM Suspense/Dispute 0.00
MasterCard Chargeback in Process (163.01)
Various Payroll Taxes 3,784.18
   
VISA Gift Cards 0.00
Accrued Dividends 16,958.78
Interest Refund Payable     0.00
Accrued Liability - Premium Assessment      12,499.98
Accrued Property Taxes/Accrued Annual Meeting Expense 9,181.91
Liability for Pension (FAS 158) 292,221.16
Other Liabilities 17,677.41
Unprocessed Data - Home Banking

6,387.39

 

____________________
      TOTAL LIABILITIES     $   441,554.07
   
   
MEMBER'S EQUITY  
   
Shares $ 31,928,022.14
Member CD's 4,230,546.95
Member IRA's 11,969,725.57
   
Regular Reserve 609,048.98
Undivided Earnings

11,327,478.46

Gain/Loss - Investments 0.00
 Unrealized Gain/Loss - Pension (FAS 158) (357,089.12)
  ____________________
      TOTAL EQUITY $  59,707,732.98
   
TOTAL ASSETS

$ 60,149,287.05 

 
 

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