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Brewer Federal Credit Union Financials
Balance Sheet as of 6/30/10
Loans $33,770,106
Allowance for Loss ($254,747)
Investments & Cash $8,741,301
Land/Buildings $1,882,666
Other Assets $932,350
Accounts Payable $115,690
Member Shares $41,247,848
Regular Reserves $829,888
Undivided Earnings $2,878,250
Total Liablities &
Reserves $45,071,676
Income Statement 1/1/10 – 6/30/10
Loan Income $1,324,757
Investments $4,436
Other Income $472,337
Total Income $1,801,530
Dividends $364,053
Operations Expense $1,148,453
Loan Provision $176,752
Total Expense $1,689,258
Net Income $112,272
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