Financial Statement | Superior Credit Union
Skip to main content

Log In

AssetsJune 30, 2023 June 30, 2022
Loans$960,209,770.40$872,416,585.32
Allowance Loans Loss($3,164,257.94)($2,156,317.00)
Cash Equivalents$13,953,004.48$13,568,775.65
Investments$493,440,004.14$494,278,356.75
Fixed Assets$23,019,784.11$21,360,361.68
Other Assets$37,262,149.88$753,990,113.33
Total Assets$1,524,720,455.07$1,453,457,875.73


Liabilities and EquityJune 30, 2023June 30, 2022
Dividends Payable$978,426.09$370,709.74
Other Liabilities $18,090,374.73$217,449,727.69
Borrowings$20,000,000.00$25,000,000.00
Deferred Income$1,795,746.95$1,641,777.67
Member Deposits$1,296,683,787.48$1,234,260,670.59
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$192,949,977.23$174,996,522.59
Equity Acquired in Merger$19,617,897.34$14,434,272.09
Unrealized Gain (Loss) Securities($29,655,086.62))($18,955,136.51)
Total Liabilities and Equity$1,524,720,455.07$11,453,457,875.73


Income StatementJune 30, 2023YEAR TO DATE
Interest Income$3,445,437.38$28,346,239.37
Investment Income$1,496,965.99$6,865,915.37
Alternative Investment Income$518,079.35($1,536,508.88)
Other Income$1,659,701.27$9,572,476.63
Total Income$7,120,183.99$38,667,798.52
Dividend Expense$1,624,227.01$8,641,641.06
Interest On Borrowed Funds$23,694.69$257,014.95
Provision Loan Loss$899.00$3408,297.64
Operating Expense$3,396,442.32$19,360,861.06
Total Expenses$5,045,263.02$28,667,814.71
Net Income$2,074,920.97
$9,999,983.81

Superior has all-new Online Banking! Get started today:

Sign Up or Log In to the NEW Online Banking

Log in to the Old Online Banking