ASSETS
Cash and equivalents
Overnight deposits at financial institutions
Investment in certificate of deposit
Investment securities available for sale
Investment securities held to maturity
Loans to members
Allowance for loan losses
Accrued interest receivable
Premises and equipment, net
NCUSIF deposit
Other assets
TOTAL ASSETS
LIABILITIES AND MEMBERS’ EQUITY
CURRENT LIABILITIES
Accrued expenses and other current liabilities
Total current liabilities
MEMBERS’ ACCOUNTS
Members’ shares and savings accounts
Members’ share certificates
Total members’ accounts
Total liabilities
MEMBERS’ EQUITY
Regular reserve
Undivided earnings
Accumulated other comprehensive loss
Total members’ equity
TOTAL LIABILITIES AND MEMBERS’ EQUITY
2011 $1,044,103 4,674,598 8,299,000 1,914,723 7,714,850 116,327,293 (2,468,661) 557,660 1,157,685 1,208,396 962,269 $141,391,916
$1,658,047 1,658,047 67,274,451 58,176,016 125,450,467 127,108,514 2,743,692 11,556,524 (16,814) 14,283,402 $141,391,916
NET INTEREST INCOME
Loans to members
Investments and cash equivalents
DIVIDENDS ON MEMBERS’ ACCOUNTS
Net interest income before provision for loan losses
PROVISION FOR LOAN LOSSES
Net interest income after provision for loan losses
NON-INTEREST INCOME
Fees and other Interchange
Total non-interest income
NON-INTEREST EXPENSE
Compensation and benefits
Professional and outside services
Occupancy
Operations
Marketing
Depreciation and amortization
NCUA charges
Other
Total non-interest expense
NET INCOME
MEMBERSHIP BY AGE
MEMBERSHIP BY BRANCH
16,797 TOTAL MEMBERS
6,708 ROCHESTER MAIN OFFICE
4,528 SACRAMENTO BRANCH
2,285 SYRACUSE BRANCH
1,842 PORTLAND BRANCH
778 ALBANY BRANCH
656 BOSTON BRANCH
