Financial Statement | Superior Credit Union
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AssetsJune 30, 2025May 31, 2024
Loans$1,143,904,266.61$1,029,012,017.30
Allowance Loans Loss($3,703,421.69)($3,514,779.27)
Cash Equivalents$14,791,530.50$17,505,272.70
Investments$533,823,224.00$604,261,924.04
Fixed Assets$27,190,933.62$24,372,638.05
Other Assets$59,760,782.87$45,190,616.25
Total Assets$1,775,767,315.91$1,716,827,689.07


Liabilities and Equity June 30, 2025June 30, 2024
Dividends Payable$1,551,948.76$1,517,715.67
Other Liabilities $20,199,583.73$17,509,519.77
Borrowings$00.00$100,000,000.00
Deferred Income$1,933,984.51$1,387,765.93
Member Deposits$1,507,824,069.90$1,386,605,869.72
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$238,834,894.07$212,144,459.43
Equity Acquired in Merger$19,617,897.34$19,617,897.34
Unrealized Gain (Loss) Securities($18,454,394.27)($26,214,870.66)
Total Liabilities and Equity$1,775,767,315.91$1,716,827,689.07


Income StatementJune 30, 2025YEAR TO DATE
Interest Income$5,155,180.69$29,752,139.37
Investment Income$1,798,084.84$10,602,036.19
Alternative Investment Income$678,042.77$1,281,199.49
Other Income$2,000,309.32$10,396,520.20
Total Income$9,631,617.62$52,031,895.25
Dividend Expense$2,525,176.35$15,157,716.34
Interest On Borrowed Funds$2,075.39$31,919.33
Provision Loan Loss$24,849.00$268,722.94
Operating Expense$4,034,835.15$23,132,021.05
Total Expenses$6,586,935.89$38,590,379.66
Net Income$3,044,681.73$13,441,515.59

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