Financial Statement

2016 Annual Report

Educational Employees Credit Union
Consolidated Balance Sheet - August 31, 2017

Assets This Month
Member Loans 1,167,156,184
Allowance for Loan Losses (10,417,286)
Deferred Loan Fees 4,223,604
Net Loans To Members 1,160,962,502
Accrued Interest Receivable 7,571,150
Cash/Cash Equivalents 317,022,290
Investments 1,302,636,018
Unrealized Inv. Holding Gain(Loss) 1,198,845
Property and Equipment 17,851,334
NCUSIF 23,426,123
Other Assets 73,409,389
Total Assets 2,904,077,651
Liabilities and Equity This Month
Liabilities 25,580,459
Regular Shares 1,326,094,428
IRA Shares 40,065,056
Special Share Certificates 567,358,658
IRA Certificates 124,234,934
Share Drafts 466,855,866
Total Member Liability 2,524,608,942
Total Liabilities  2,550,189,401
Retained Earnings 355,599,482
Unrealized Inv. Holding Gain(Loss) 1,198,845
Unrecognized Postretirement Gain (Loss) (2,910,077)
Total Liabilities and Equity 2,904,077,651