|
 |
| Balance Sheet As of April 30, 2008 |
| Assets |
(in thousands) |
| Loans to Members |
$405,477 |
| Investments (Fair Market Value) |
293,147 |
| Property and Equipment |
20,283 |
| Other Assets |
4,096 |
| Total Assets |
$723,003 |
| Liabilities |
|
| Member Shares |
$527,213 |
| Long Term Borrowings |
77,150 |
| Other Liabilities |
7,179 |
| Total Liabilities |
611,542 |
| Members Equity |
111,461 |
| Total Liabilities and Members Equity |
$723,003 |
Statement of Revenues and Expenses
For the Three Months Ended April 30, 2008 |
| Income |
|
| Loan & Investment Interest |
$13,203 |
| Service Charges & Fees |
1,880 |
| Miscellaneous Income |
1,023 |
| Total Income |
16,106 |
| Expenses |
|
| Operating Expenses |
7,306 |
| Income Before Dividend and Interest Expense |
8,800 |
| Dividend and Interest Expense |
6,466 |
| Net Income |
$2,334 |
|
|
