Financial Statement | Superior Credit Union
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AssetsApril 30, 2025 April 30, 2024
Loans$1,115,132,021.78$1,013,651,875.53
Allowance Loans Loss($3,594,985.11)($3,413,277.21)
Cash Equivalents$12,702,994.40$14,772,547.70
Investments$566,080,421.69$592,876,302.70
Fixed Assets$26,977,753.22$24,208,229.38
Other Assets$46,235,307.37$46,980,484.91
Total Assets$1,763,533,513.35$1,689,076,163.01


Liabilities and Equity April 30, 2025April 30, 2024
Dividends Payable$1,507,391.60$1,281,958.45
Other Liabilities $23,377,280.99$23,551,865.78
Borrowings$00.00$100,000,000.00
Deferred Income$2,217,218.20$1,407,846.33
Member Deposits$1,499,130,324.99$1,360,699,773.21
Regular Reserve$4,259,331.87$4,259,331.87
Retained Earnings$233,151,640.07$208,297,812.75
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$1,763,533,513.35$1,689,076,163.01


Income StatementApril 30, 2025YEAR TO DATE
Interest Income$4,885,657.11$19,395,846.74
Investment Income$1,854,452.83$7,073,458.76
Alternative Investment Income$90,905.38)($38,772.48)
Other Income$1,956,759.78$6,533,842.84
Total Income$8,605,964.34$32,964,375.86
Dividend Expense$2,530,643.98$10,024,821.54
Interest On Borrowed Funds$4,860.68$27,720.65
Provision Loan Loss$9,801.00$117,241.94
Operating Expense$4,061,277.32$15,036,330.14
Total Expenses$6,606,582.98$25,206,114.27
Net Income$1,999,381.36$7,758,261.59

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