GULF COAST EDUCATORS FEDERAL CREDIT UNION STATEMENT OF FINANCIAL CONDITION March 31, 2018 ASSETS LIABILITIES & EQUITY LOANS TO MEMBERS Personal Loans Share Secured New Auto Used Auto Other Secured Real Estate Real Estate 2nd Lien Workout Loans Credit Cards Misc. - Non-Member $40,340,656.66 2,040,152.72 53,558,553.05 122,108,149.26 12,944,227.23 114,120,474.51 3,409,326.20 582,200.60 9,439,678.42 0.00 LIABILITIES Accounts Payable Notes Payable Dividends Payable Share Draft Money Market Interest on Certificates IRAs HSAs TOTAL LIABILITIES $ 10,535,986.28 65,000,000.00 45,144.21 426.26 54,075.76 279,406.52 6,597.23 188.30 $ 75,921,824.56 TOTAL LOANS Less: Allowance for Losses NET ACCOUNTS RECEIVABLE CASH ON HAND AND IN BANKS INVESTMENTS Mutual Funds S&L/Bank Deposits Govt. Agency Securities Federal Agency Securities NCUA Share Deposit TOTAL INVESTMENTS Loans Investments $0.00 63,422,122.21 -286,306,240.35 4,814,808.34 $1,082,447.26 938,100.77 $358,543,418.65 -$2,378,138.01 $356,165,280.64 $0.00 $5,006,081.49 $354,543,170.90 MEMBER EQUITY Shares Share Drafts Money Market Shares Term Share Accounts 90 Day 6 Month 12 Month 18 Month 2 Years 3 Years 4 Years 5 Years Total Term Share IRAs $286,393,609.07 $29,595,528.32 $101,023,143.60 $10,753,040.32 16,224,977.13 54,716,821.21 1,358,189.04 26,201,781.78 1,217,273.05 3,712,083.20 1,947,384.77 $116,131,550.50 $13,414,835.63 TOTAL ACCRUED INCOME $2,020,548.03 HSAs $480,031.01 PREPAID EXPENSES $297,874.45 TOTAL DEPOSITS $547,038,698.13 FIXED ASSETS Land Building Furniture & Fixtures $2,509,640.93 5,694,867.66 2,070,939.73 Regular Reserves Capital $4,107,881.66 $106,436,125.38 TOTAL FIXED ASSETS $10,275,448.32 Net Income $2,291,845.72 OTHER ASSETS $7,487,971.62 TOTAL EQUITY $112,835,852.76 TOTAL ASSETS $735,796,375.45 TOTAL LIABILITIES & EQUITY $ 735,796,375.45