Annual Financial Report for the ACFCU 
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INTEREST INCOME
2005
2006
Interest on Loans
$ 439,825.03
$ 459,289.44
Income on Investments
$ 181,164.11
$ 280,609.44
Misc. Operating
$ 28,705.82
$ 29,939.82
TOTAL
$ 649,694.96
$ 769,838.70
 
DIVIDENDS
$ 255,079.58
$ 335,824.57
 
OPERATING EXPENSES:
Employee Compensation
$ 107,119.42
$ 114,050.44
Employee Benefits
$ 33,831.87
$ 35,953.24
Association Dues
$ 7,387.08
$ 7,551.79
Office Operations
$ 41,171.65
$ 43,787.80
Rent  
$ 4,692.00
Educational & Promotional
$ 5,552.88
$ 4,458.95
Member Insurance
$ 22,034.75
$ 23,265.70
Provision for Loan Loss
$ 12,000.00
$ 15,000.00
Operating Fees (Exam & Supervisory)
$ 2,764.77
$ 2,635.18
Loan Servicing
$ 3,319.27
$ 3,439.94
Furniture Depreciation
$ 6,705.50
$ 3,801.28
Share Draft Expense
$ 1,493.08
$ 1,351.02
Misc. Operating
$ 2,684.21
$ 4,175.66
Professional and Outside Service
$ 4,745.00
$ 7,049.00
Insurance Expense
$ 6,907.47
$ 6,979.56
Property Taxes (Personal)  
$ 299.06
Cash Over & Short
$ (32.44)
$ (64.54)
TOTAL
$ 258,286.01
$ 278,426.08
 
NET INCOME
$ 136,329.37
$ 155,588.05
 
TOTAL MEMBERS

2246
2312
TOTAL LOANS

1078
1092
TOTAL $ OF LOANS

$ 6,555,526.24

$ 6,984,349.44
TOTAL $ OF SHARES

$ 5,056,896.19

$ 5,171,117.12
TOTAL $ OF CERTIFICATES

$ 5,202,842.15

$ 5,769,769.52
TOTAL $ OF SHARE DRAFTS

$ 326,617.67

$ 373,935.19
REGULAR RESERVE

$ 248,530.84

$ 241,938.49
UNDIVIDED EARNINGS

$ 1,904,071.39

$ 2,099,940.47
 
TOTAL ASSETS
$ 12,842,164.31
$ 13,748,739.13