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AIR LINE PILOTS ASSOCIATION FEDERAL CREDIT UNION 3145 W. 63rd Street Chicago 29, Illinois CHARTER 5609 FINANCIAL AND STATISTICAL REPORT June 30, 1948 BALANCE SHEET ASSETS [[4 column table]] |ACCOUNT NO.|LOANS:|No.|Amount| |101-a|Current and less than 2 mon. delinquent|19| $5,515.75| |104|CASH| |13,883.18| |105|Petty cash| |10.00| |115-2|Prepaid Loan Insurance| |8.97| | | |Total|$19,417.90| [[/4 column table]] LIABILITIES [[3 column table]] |310|SHARES|$19,328.40| |311|Reserves for bad loans|30.00| |313|Profit|59.50| | |Total| $19,417.90 | [[/3 column table]] STATEMENT OF INCOME AND EXPENSES INCOME [[3 column table]] |401|Interest on loans|$73.33| |409|Other Income|$500.00| | |Total|$573.33| [[/3 column table]] Expenses [[3 column table]] |202-3|Stationary and Supplies|$428.73| |202-5|Educational Expense|16.07| |202-6|Borrowers' Insurance|6.03| |202-9|Surety Bond Premium|36.00| |202-9|Miscellaneous General (Charter Fee)|25.00| |202-9|League Registration Fee|2.00| | |Total|$513.83| |313|Net Profit|$ 59.50| [[/3 column table]] Statistical Information [[2 column table]] |Number of Members June 30, 1948|117| |Number of Potential Members|6457| |Loans made since organization (number)|23| |Loans made since organization (amount)|$7635.00| [[/2 column table]] Certified correct by George L. Duvall George L. Duvall Clerk-Treasurer