HFCU Financials



Amounts In Thousands

 

2008

without  impairment

2009

with   impairment

2009

 

2010

 

 

 

Assets

   

Loans

11003

11228

   

Cash/Investments

14888

15505

   

Deposit Share Insurance

201

210

   

Other Assets

478

582

   

 

   

Total Assets

26570

27525

   

 

   

Liability & Equity

   

Liability

36

35

   

Shares

10264

10264

   

IRA Shares

1231

1231

   

Christmas Club

3

3

   

Share Drafts

336

336

   

Share Certificates

8883

8883

   

Share Certificates/IRS's

1241

1241

   

Reserve/Surplus

4576

4525

   

 

   

Total Liability & Equity

26570

26517

   

 

   

Income Statement

   

Gross Income

1417

1179

   

 

   

Operating Expenses

   

Salaries/Benefits

393

415

   

Travel/Conference

5

3

   

Assoc. Dues/Services

71

72

   

Office Operations

242

236

   

Provisions for Loan Loss

83

53

   

Stabalization Expenses

 

33

   

Annual Meeting

4

3

   

Miscellaneous

3

3

   

 

   

Total Operating Expense

801

818

   

 

   

Net Profit from Operations

 

 

   

Dividends

569

 357

   

Other Non-Opr Inc/Exp

 

55

   
         
         
         
         

NET INCOME

47

(51)