Form 990 for tax year 2025

2a · Program service revenue: INTEREST INCOME ON LOANS

total $21,881,858 · related or exempt $21,881,858

2b · Program service revenue: MEMBER SERVICE FEES

total $1,528,454 · related or exempt $1,528,454

3 · Investment income

total $2,270,178 · excluded $2,270,178

7a · Gross sales of assets other than inventory

securities $990,300 · other assets $5,367,131

7b · Less cost or other basis and sales expenses

securities $999,848 · other assets $4,378,429

7c · Gain or loss

securities -$9,548 · other assets $988,702

7d · Net gain or loss

total $979,154 · excluded $979,154

11a · Other revenue: INTERCHANGE

total $935,285 · related or exempt $935,285

11d · All other revenue

total $1,071,217 · related or exempt $1,071,217

11e · Other revenue, total

$2,006,502

1 · Grants to domestic organizations and governments

total $148,073

5 · Compensation of officers, directors and key employees

total $2,219,297

7 · Other salaries and wages

total $4,430,024

8 · Pension plan contributions

total $235,173

9 · Other employee benefits

total $1,020,880

10 · Payroll taxes

total $535,034

11b · Fees: legal

total $34,665

11c · Fees: accounting

total $107,114

11g · Fees: other

total $329,238

12 · Advertising and promotion

total $828,117

13 · Office expenses

total $899,957

14 · Information technology

total $734,170

16 · Occupancy

total $761,240

17 · Travel

total $334,259

20 · Interest

total $8,731,987

22 · Depreciation, depletion and amortization

total $991,088

24a · Other expenses: LOAN SERVICING

total $1,407,719

24b · Other expenses: PROVISION FOR CREDIT LO

total $505,000

24e · All other expenses

total $497,788

1 · Cash, non-interest-bearing

beginning of year $7,159,956 · end of year $11,227,001

2 · Savings and temporary cash investments

beginning of year $5,319,267 · end of year $798,786

4 · Accounts receivable

beginning of year $1,724,667 · end of year $1,807,753

7 · Other notes and loans receivable

beginning of year $395,661,582 · end of year $408,003,404

10a · Land, buildings and equipment: cost or other basis

$33,308,204

10b · Land, buildings and equipment: accumulated depreciation

$18,462,559

10c · Land, buildings and equipment, net

beginning of year $14,832,370 · end of year $14,845,645

12 · Investments: other securities

beginning of year $62,375,816 · end of year $58,458,250

15 · Other assets

beginning of year $10,595,067 · end of year $11,476,950

17 · Accounts payable and accrued expenses

beginning of year $4,569,296 · end of year $4,001,083

21 · Escrow or custodial account liability

beginning of year $1,180,437 · end of year $1,340,212

23 · Secured mortgages and notes payable

beginning of year $29,250,000 · end of year $20,750,000

25 · Other liabilities

beginning of year $424,335,956 · end of year $436,294,819

29 · Capital stock, trust principal or current funds

beginning of year $0 · end of year $0

30 · Paid-in or capital surplus, or land, building or equipment fund

beginning of year $0 · end of year $0

31 · Retained earnings, endowment or other funds

beginning of year $38,333,036 · end of year $44,231,675