Reed Credit Union
FINANCIAL REPORT
STATEMENT OF CONDITION
AS OF DECEMBER 31, 2011

ASSETS
LOANS                         526,124 LOAN LOSS RESERVE                         (4,906) INVESTMENTS                 19,293,575 CASH                       184,718 FIXED ASSETS                         45,204 OTHER ASSETS                       179,672 TOTAL ASSETS                 20,224,387
LIABILITIES & EQUITY
ACCOUNTS PAYABLE                           5,829 OTHER LIABILITIES                         48,457 DEPOSITS                 17,493,890 EQUITY                   2,676,211 TOTAL LIABILITES & EQUITY                 20,224,387
INCOME & EXPENSES
TOTAL INCOME  600,908 TOTAL FUNDS COST  (123,427) TOTAL EXPENSES  (457,833) NET INCOME   19,648