Financial Statement | Superior Credit Union
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AssetsApril 30, 2025 April 30, 2024
Loans$1,113,895,529.41$1,012,525,560.32
Allowance Loans Loss($3,594,985.11)($3,413,277.21)
Cash Equivalents$12,702,994.40$14,772,547.70
Investments$566,080,406.09$592,876,271.30
Fixed Assets$26,072,773.25$23,242,535.77
Other Assets$41,047,427.90$42,578,508.50
Total Assets$1,756,204,145.94$1,682,582,146.38


Liabilities and Equity April 30, 2025April 30, 2024
Dividends Payable$1,507,391.60$1,281,958.45
Other Liabilities $21,450,001.16$21,658,478.32
Borrowings$00.00$100,000,000.00
Deferred Income$2,088,307.98$1,289,545.28
Member Deposits$1,500,393,563.76$1,362,842,474.14
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$226,615,223.94$201,672,783.70
Equity Acquired in Merger$19,617,897.34$19,617,897.34
Unrealized Gain (Loss) Securities($19,727,571.71)($30,040,322.72)
Total Liabilities and Equity$1,756,204,145.94$1,682,582,146.38


Income StatementApril 30, 2025YEAR TO DATE
Interest Income$4,858,927.66$19,303,794.00
Investment Income$1,854,452.83$7,073,458.76
Alternative Investment Income$1,854,452.83($38,772.48)
Other Income$1,539,775.90$5,513,551.65
Total Income$8,162,251.01$31,852,031.93
Dividend Expense$2,534,602.68$10,047,127.52
Interest On Borrowed Funds$4,860.68$27,720.65
Provision Loan Loss$9,801.00$117,241.94
Operating Expense$3,647,273.07$13,774,136.51
Total Expenses$6,196,537.43$23,966,226.62
Net Income$1,965,713.58$7,885,805.31

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