'99-2000 Financial Report for the ACFCU 
 
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INTEREST INCOME:
1999
2000
Interest on Loans
$ 466,319.88
$ 499,433.11
Income on Investments
$ 11,801.54
$ 157,218.68
Misc. Operating
$ 9,918.18
$ 14,386.25
TOTAL
$ 588,039.60
$ 671,038.04
 
DIVIDENDS
$ 297,051.73
$ 335,484.41
 
OPERATING EXPENSES:
Employee Compensation
$ 66,946.17
$ 73,784.46
Employee Benefits
$ 11,977.71
$ 13,430.89
Association Dues
$ 4,462.50
$ 5,288.95
Office Operations
$ 27,908.53
$ 29,991.53
Educational & Promotional
$ 5,965.73
$ 3,826.48
Member Insurance
$ 15,485.01
$ 20,758.59
Provision for Loan Loss
$ 9,000.00
$ 18,000.00
Federal Supv. Exam
$ 1,765.40
$ 2,141.17
Annual Meeting
$ 477.75
$ 564.65
Loan Servicing
$ 1,954.44
$ 2,275.72
Furniture Depreciation
$ 5,456.84
$ 3,055.74
Share Draft Expense
$ 284.68
$ 296.87
Misc. Operating
$ 1,741.01
$ 2,591.89
Professional and Outside Service
 $ 4,816.32
$ 4,907.36
Travel & Conference Expense
 $ 76.14
$ 251.44
Cash Over & Short
 $ (11.23)
$ 0.03
TOTAL
$ 158,307.00
$ 181,165.77
 
NET INCOME
$ 132,680.87
$ 154,387.66
 
TOTAL MEMBERS
1917
2022
TOTAL LOANS
1008
1007
TOTAL $ OF LOANS
$ 5,033,534.72
$ 5,971,606.76
TOTAL $ OF SHARES
$ 2,659,217.35
$ 2,838,674.79
TOTAL $ OF CERTIFICATES
$ 3,371,829.68
$ 3,702,978.99
TOTAL $ OF SHARE DRAFTS
$ 153,496.68
$ 185,215.26
REGULAR RESERVE
$ 207,015.70
$ 231,775.89
UNDIVIDED EARNINGS
$ 1,160,455.31
$ 1,290,682.98
 
TOTAL ASSETS
$ 7,622,538.52
$ 8,330,692.62