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Brewer Federal Credit Union Financials
Balance Sheet as of 12/31/12
Loans $34,368,351
Allowance for Loss ($206,064)
Investments & Cash $9,911,221
Land/Buildings $1,778,939
Other Assets $895,025
Total Assets $46,747,472
Accounts Payable $71,266
Member Shares $42,205,406
Regular Reserves $829,888
Undivided Earnings $3,640,912
Total Liablities &
Reserves $46,747,472
Income Statement as of 12/31/12
Loan Income $2,479,254
Investments $8,831
Other Income $1,036,181
Total Income $3,524,266
Dividends $304,462
Operations Expense $2,644,127
Loan Provision $137,742
Total Expense $3,175,826
Net Income $348,440
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