UMCU Financial Highlights
University of Michigan Credit Union
Consolidated Statement of Financial Condition
December 31, 2007
| ASSETS | |
| Cash and Cash Equivalents | $41,661,731 |
| Investment Securities | |
| Securities Available for Sale | 68,805,705 |
| Securities Held to Maturity | 9,000,000 |
| Other Investments | 3,686,765 |
| Loans Receivable, Net Allowance for Loan Losses | 212,952,456 |
| Accrued Interest Receivable | 1,783,122 |
| Property and Equipment | 6,469,371 |
| Prepaid Expenses | 606,495 |
| NCUSIF Deposit | 2,927,823 |
| Other Real Estate Owned | 141,473 |
| Other Assets | 2,080,845 |
| Total Assets | $350,115,786 |
| LIABILITIES AND MEMBERS' EQUITY | |
| Members' Deposits | $311,771,285 |
| Accounts Payable and Other Liabilities | 1,677,666 |
| Accrued Expenses | 1,050,882 |
| Notes Payable | 0 |
| Members' Equity, Substantially Restricted | 35,615,953 |
| Total Liabilities and Equity | 350,115,786 |