Statement of Financial Condition
| Zia Credit Union | |
| 31-Dec-2023 | |
| ASSETS: | |
| Loans (net) | $160,790,862 |
| Cash | 11,246,193 |
| Investments | 39,933,388 |
| Fixed Assets | 5,757,634 |
| NCUSIF | 1,976,985 |
| Other Assets | 2,708,751 |
| Total Assets | $222,413,813 |
| LIABILITIES, EQUITY, AND RETAINED EARNINGS: | |
| Liabilities and Member Shares | |
| Accounts Payable and Other Liabilities | $599,329 |
| Member Shares | 207,440,320 |
| Total Liabilities and Member Shares | $208,039,649 |
| Equity | |
| Reserves | $3,866,666 |
| Unrealized Gains/(Losses) Investments | (3,531,465) |
| Undivided Earnings | 14,038,963 |
| Total Equity | $14,374,164 |
| Total Liabilities, Equity, and Retained Earnings | $222,413,813 |
| Statement of Income | |
| Zia Credit Union | |
| 31-Dec-2023 | |
| Interest Income | $9,788,508 |
| Interest and Dividend Expense | 1,968,478 |
| Net Interest Income | $7,820,030 |
| Provision for Loan Losses | 611,171 |
| Net Interest Income after Provision for Loan Losses | $7,208,859 |
| Non-Interest Income | 2,394,574 |
| Non-Interest Expense | 9,008,237 |
| Non-Operating Expense | (279,190) |
| Net Income | $874,386 |