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Statement of Financial Condition

Quarterly As of December 31, 2007

Assets  
   

Loans

 
Vehicle Loans $143,157,127
Other Member Loans 19,083,276
Mortgage Loans 187,516,596
Visa 50,605,026
Collateral in Process 37,858
Loan Participation 6,882,584
Less: Allow for Ln. Loss         (2,067,091)
Net Loans $405,215,376
   
Cash/Cash Equivalents $26,411,033
Investments 15,131,728
NCUSIF 3,718,717
Other Assets           12,060,476

Total Assets

$462,537,330

 

Liabilities & Equity

Liabilities  

Accounts Payable

$1,518,764
Notes Payable 8,200,000
Dealer Card Balances 9,610,236
Accrued Expense 2,844,723
Accrued Visa Points 1,180,988
Unapplied EDP           1,167,726
Total Liabilities $24,522,437
   
Shares  
Regular Shares $110,342,592
Checking * 55,086,988
IRA Shares 31,694,893
Certificates 133,384,435
Money Market     58,063,976
Corporate Shares           12,287,868
Total Shares $400,860,752
   
Equity  
Total Equity           $37,154,141
Total Liabilities & Equity $462,537,330

 


Statistical Report
Number of Members: 53,433  
Number of Staff 129  


Honda Federal Credit Union 1919 Torrance Blvd Torrance, CA  90501
Equal Housing LenderFederally insured by NCUA
Federally insured by NCUA

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