Financial Statement | Superior Credit Union
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AssetsAugust 31, 2025August 31, 2024
Loans$1,156,918,759.12$1,066,105,218.25
Allowance Loans Loss($3,736,327.55)($3,610,438.75)
Cash Equivalents$12,702,396.33$14,780,020.63
Investments$551,725,150.99$617,390,417.87
Fixed Assets$27,134,872.40$24,155,570.89
Other Assets$71,076,901.48$41,925,463.02
Total Assets$1,815,821,752.77$1,760,746,251.91


Liabilities and Equity August 31, 2025August 31, 2024
Dividends Payable$1,634,959.81$1,595,572.85
Other Liabilities $20,887,249.20$20,754,302.82
Borrowings$00.00$95,000,000.00
Deferred Income$1,537,907.61$1,366,180.03
Member Deposits$1,540,335,728.47$1,422,933,050.85
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$244,050,671.44$216,186,330.44
Equity Acquired in Merger$19,617,897.34$19,617,897.34
Unrealized Gain (Loss) Securities($16,501,992.97)($20,966,414.29)
Total Liabilities and Equity$1,815,821,752.77$1,760,746,251.91


Income StatementAugust 31, 2025YEAR TO DATE
Interest Income$5,466,802.69$40,691,092.83
Investment Income$1,742,818.20$14,066,185.19
Alternative Investment Income$465,799.20$1,807,608.79
Other Income$1,990,809.27$14,330,456.76
Total Income$9,666,229.36$70,895,343.57
Dividend Expense$2,678,250.81$20,497,967.88
Interest On Borrowed Funds$2,002.25$36,014.05
Provision Loan Loss$44,272.00$425,772.67
Operating Expense$4,024,500.70$31,278,296.01
Total Expenses$6,749,025.76$52,238,050.61
Net Income$2,917,203.60$18,657,292.96

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