Statement of Financial Condition December 31, 2009
         
 Assets  
   Loans    
     Loans to Members  $60,872,321.07  
     Centrix Loans  $494,513.07  
     Visa Loans  $7,936,002.96  
     Loan Participations  $982,619.92  
   Total Loans  $70,285,457.02  
     Allowance for Loan Losses  ($670,259.86)  
   Net Loans  $69,615,197.16  
         
   Cash    
     Cash Clearing  $227,382.17  
     Vault Credit  $797,620.40  
     Cash in ATMs  $130,325.60  
     Federal Reserve Settlement  $6,766.58  
     PSI Vault Cash  $102,000.00  
   Total Cash  $1,264,094.75  
         
   Investments    
     Cash Management - KCCU  ($495,855.79)  
     Membership Shares - KCCU  $928,668.30  
     Certificates of Deposit - KCCU  $4,500,000.00  
     Managed Liquidity - KCCU  $1,559,209.60  
     MBS A.R.M. Pools  $19,341,161.23  
     Insured Certificates of Deposit  $12,101,000.00  
     Agency Securities  $12,500,000.00  
     Premium on Securities  $65,808.19  
     Discount on Securities ($789.30)  
     FAS115 MVV  $318,160.58  
     Investment in CUSOs  $1,234,143.54  
   Total Investments  $52,051,506.35  
         
   Misc. Receivables    
     Accrued Investment Income  $150,317.53  
     Accrued Loan & VISA Interest Income  $270,048.26  
     Prepaid & Deferred Expenses  $150,764.47  
   Total Receivables  $571,130.26  
         
   Fixed Assets    
     Land  $713,841.57  
     Buildings  $3,094,186.33  

 

   Furniture & Equipment  $297,664.42  
   Total Fixed Assets  $4,105,692.32  
         
   Other Assets    
     Other Receivables  $786,747.85  
     NCUA Insurance  $1,001,934.73  
   Total Assets  $129,412,972.14  
         
 Liabilities & Equity
   Dividends Payable
     Dividends Payable - Certificates  $349,993.01
     KCCU Loans  $1,996,000.00
     Accounts Payable  $435,826.13
   Total Liabilities  $2,781,819.14
       
   Shares
     Regular Shares  $21,942,796.01
     Checking Account Shares  $9,338,882.92
     Christmas Club Shares  $58,079.41
     ATM Shares  $232,973.88
     Gold Account Shares  $27,559,011.97
     IRA Shares  $7,109,336.46
   Total Shares  $66,241,053.65
 
   Share Certificates  $49,157,679.67
 
   Total Savings  $115,398,733.32  
       
     Regular Reserve  $2,785,465.63
     Contingency Reserve   $3,292,544.98
     Undivided Earnings  $4,836,051.97
       Unrealized Gain/(Loss) AFS Securities  $318,160.58
   Total Equity  $126,631,153.00
 
   Total Liabilities & Equity  $129,412,972.14