Statement of Financial Condition
| Zia Credit Union | |
| 31-Mar-2024 | |
| ASSETS: | |
| Loans (net) | $159,267,667 |
| Cash | 19,767,075 |
| Investments | 37,422,650 |
| Fixed Assets | 5,677,382 |
| NCUSIF | 1,976,985 |
| Other Assets | 3,090,286 |
| Total Assets | $227,202,045 |
| LIABILITIES, EQUITY, AND RETAINED EARNINGS: | |
| Liabilities and Member Shares | |
| Accounts Payable and Other Liabilities | $705,425 |
| Member Shares | 211,886,808 |
| Total Liabilities and Member Shares | $212,592,233 |
| Equity | |
| Reserves | $3,866,666 |
| Unrealized Gains/(Losses) Investments | (3,559,434) |
| Undivided Earnings | 14,302,579 |
| Total Equity | $14,609,811 |
| Total Liabilities, Equity, and Retained Earnings | $227,202,045 |
| Statement of Income | |
| Zia Credit Union | |
| 31-Mar-2024 | |
| Interest Income | $2,698,637 |
| Interest and Dividend Expense | 763,351 |
| Net Interest Income | 1,935,286 |
| Provision for Loan Losses | 138,000 |
| Net Interest Income after Provision for Loan Losses | $1,797,286 |
| Non-Interest Income | 617,052 |
| Non-Interest Expense | 2,150,720 |
| Non-Operating Expense | - |
| Net Income | $263,619 |