Financial Statement | Superior Credit Union
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AssetsMay 31, 2025May 31, 2024
Loans$1,136,767,998.82$1,017,618,758.99
Allowance Loans Loss($3,696,753.10)($3,399,882.28)
Cash Equivalents$14,286,403.25$16,748,828.70
Investments$562,887,767.76$617,783,660.89
Fixed Assets$27,002,085.49$24,470,700.53
Other Assets$50,378,399.63$48,691,402.94
Total Assets$1,787,625,901.85$1,721,913,469.77


Liabilities and Equity May 31, 2025May 31, 2024
Dividends Payable$1,549,834.11$1,487,875.94
Other Liabilities $20,102,130.27$21,022,429.97
Borrowings$00.00$100,000,000.00
Deferred Income$2,058,857.96$1,401,588.00
Member Deposits$1,524,897,326.43$1,391,343,550.73
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$235,790,212.04$210,489,548.37
Equity Acquired in Merger$19,617,897.34$19,617,897.34
Unrealized Gain (Loss) Securities($20,649,688.17)($27,708,751.95)
Total Liabilities and Equity$1,787,625,901.85$1,721,913,470.27


Income StatementMay 31, 2025YEAR TO DATE
Interest Income$5,201,111.94$24,596,958.68
Investment Income$1,730,492.59$8,803,951.35
Alternative Investment Income$641,929.20$603,156.72
Other Income$1,860,920.54$8,394,763.38
Total Income$9,434,454.27$42,398,830.13
Dividend Expense$2,607,718.45$12,632,539.99
Interest On Borrowed Funds$2,123.29$29,843.94
Provision Loan Loss$126,632.00$23,873.94
Operating Expense$4,059,408.26$19,315,738.40
Total Expenses$6,795,882.00$32,001,996.27
Net Income$2,638,572.27$10,396,833.86

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