Balance Sheet As of June 30, 2010
|
| Assets |
(in thousands) |
| Loans to Members |
$469,056 |
| Investments (Fair Market Value) |
443,747 |
| Property and Equipment |
22,510 |
| Other Assets |
14,699 |
| Total Assets |
$950,012 |
| Liabilities |
|
| Member Shares |
$705,625 |
| Long Term Borrowings |
99,742
|
| Other Liabilities |
12,718 |
| Total Liabilities |
818,085 |
| Members Equity |
131,927 |
| Total Liabilities and Members Equity |
$950,012 |
Statement of Revenues and Expenses
For the Six Months Ending June 30, 2010
|
| Income |
|
| Loan & Investment Interest |
$22,301 |
| Service Charges & Fees |
3,228 |
| Miscellaneous Income |
1,705 |
| Total Income |
27,234 |
| Expenses |
|
| Operating Expenses |
15,450 |
| Income Before Dividend and Interest Expense |
11,784 |
| Dividend and Interest Expense |
7,645 |
| Net Income |
$4,139 |
|
