Financial Statement

2017 Annual Report

Educational Employees Credit Union
Consolidated Balance Sheet - May 31, 2018

Assets This Month
Member Loans 1,231,212,286
Allowance for Loan Losses (10,518,753)
Deferred Loan Fees 4,463,643
Net Loans To Members 1,225,157,176
Accrued Interest Receivable 8,960,185
Cash/Cash Equivalents 234,240,607
Investments 1,459,251,802
Unrealized Inv. Holding Gain(Loss) (25,564,395)
Property and Equipment 17,771,373
NCUSIF 24,796,253
Other Assets 76,844,368
Total Assets 3,018,457,368

 

Liabilities and Equity This Month
Liabilities 35,108,558
Regular Shares 1,407,718,122
IRA Shares 41,433,618
Special Share Certificates 552,546,480
IRA Certificates 115,156,723
Share Drafts 523,734,364
Total Member Liability 2,640,589,306
Total Liabilities  2,675,697,863
Retained Earnings 376,731,384
Unrealized Inv. Holding Gain(Loss) (28,564,395)
Unrecognized Postretirement Gain (Loss) (5,407,484)
Total Liabilities and Equity 3,018,457,368