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Read our 2010 Annual Report.
Below is Touchstone FCU's Statement of Financial Condition for 2009 and 2010.
Assets
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|
2009
|
2010
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|
Loans
|
$14,002,575.00
|
$12,692,473.00
|
Allowance
|
($49,424.00)
|
($99,064.00)
|
|
Net Loans
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$13,953,151.00
|
$12,593,409.00
|
|
Cash
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$285,704.00
|
$411,362.00
|
|
Investments
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$4,801,323.00
|
$6,540,496.00
|
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Fixed Assets
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$171,809.00
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$156,091.00
|
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Other Assets
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$80,498.00
|
$57,942.00
|
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Total Assets
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$19,292,485.00
|
$19,759,300.00
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Liabilities
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|
2009
|
2010
|
Liabilities
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($97,122.00)
|
($31,019.00)
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Shares
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$18,038,906.00
|
$18,414,097.00
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Equity
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$1,350,701.00
|
$1,314,184.00
|
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Total Liabilities & Equity
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$19,292,485.00
|
$19,759,300.00
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Income
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2009
|
2010
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Income on Loans
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$796,032.00
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$785,564.00
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Income on Investments
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$221,839.00
|
$109,870.00
|
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Other Income
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$225,406.00
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$194,355.00
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$1,243,277.00
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$1,089,789.00
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Expenses
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|
2009
|
2010
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Compensation & Benefits
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$433,295.00
|
$412,762.00
|
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Travel & Conf.
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$5,921.00
|
$1,966.00
|
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Operating Expenses
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$452,514.00
|
$416,440.00
|
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Promotional Expenses
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$30,123.00
|
$20,147.00
|
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Prov Loan Loss
|
$69,467.00
|
$56,118.00
|
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NCUA Fees
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$4,062.00
|
$4,435.00
|
|
Annual Meeting
|
$913.00
|
$757.00
|
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Misc. Operating Expenses
|
$34,117.00
|
$124.00
|
|
|
$1,030,412.00
|
$912,749.00
|
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Income From Operations
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$212,865.00
|
$177,040.00
|
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Dividends to Members
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$215,140.00
|
$96,695.00
|
|
Income After Dividends
|
($2,275.00)
|
$80,345.00
|
NCUSIF
NCUSID Stabilization Expense
|
($103,882.00) |
($41,961.00) |
| Net Income after NCUSIF Expense |
($106,157.00) |
$38,384.00) |
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