BROOKLYN COOPERATIVE FCU FINANCIAL STATEMENTS Period Ending 12/31/2013 Period Ending 12/31/2014 Period Ending 12/31/2015* Loans / Préstamos Allowance for Loan Loss / Reserva para Pérdidas Receivables / Cuentas por Cobrar Cash / Dinero Efectivo Investments / Inversiones NCUA Share Insurance Deposit / Depósito de Seguro NCUA Prepaid Expenses / Gastos Pagados por Anticipado Fixed Assets / Activos Fijos Accrued Income / Ingreso Acumulado Other Assets / Otros Activos $11,792,510 -$128,473 $77,860 $1,343,178 $3,577,521 $121,187 $50,282 $166,460 $59,363 $41,860 $12,768,579 -$140,367 $47,860 $1,479,937 $3,913,521 $136,808 $124,600 $174,924 $59,950 $53,527 $14,862,742 -$148,373 $45,360 $2,181,161 $2,673,913 $157,013 $111,677 $530,946 $71,383 $32,118 TOTAL ASSETS / TOTAL ACTIVOS $17,101,748 $18,619,339 $20,517,940 $124,258 $1,441,764 $438,291 $2,144 $62,229 $2,078,686 $378,660 $403,330 $524,717 $1,548 $61,610 $1,369,865 $201,625 $53,439 $600,787 $2,708 $178,562 $1,037,121 Total Shares & Equity / Total Acciones y Patrimonio $12,314,064 $1,366,696 $240,000 $857,500 $161,010 $83,792 $15,023,062 $14,731,347 $970,000 $363,333 $857,500 $244,802 $82,492 $17,249,474 $16,268,925 $970,000 $361,666 $1,000,000 $305,858 $574,370 $19,480,819 TOTAL LIABILITIES, SHARES & EQUITY / TOTAL OBLIGACIONES, ACCIONES Y PATRIMONIO $17,101,748 $18,619,339 $20,517,940 7.8% 0.9% 8.3% 0.5% 10.9% 0.6% BALANCE SHEET / BALANCE GENERAL ASSETS / ACTIVOS LIABILITIES / OBLIGACIONES Accounts Payable / Cuentas a Pagar Accounts Payable on Grants / Cuentas a Pagar de las Becas Notes & Interest Payable / Notas e Intereses a Pagar Dividends Payable / Dividendos a Pagar Other Liabilities / Otras Obligaciones Total Liabilities / Total Obligaciones SHARES & EQUITY / ACCIONES Y PATRIMONIO Member Shares / Acciones de los Miembros Non-Member Deposits / Depósitos de Otros Secondary Capital / Capital Adicional Regular Reserves / Reservas Regulares Undivided Earnings / Ganancias no Distribuidas Net Income / Ingreso Neto CAPITAL divided by TOTAL ASSETS LOAN LOSS RATE * preliminary estimate BROOKLYN COOPERATIVE FCU FINANCIAL STATEMENTS INCOME STATEMENT / ESTADO DE INGRESOS 1/1/2013 12/31/2013 1/1/2014 12/31/2014 1/1/2015 12/31/2015** $708,119 $27,138 $319,803 $20,347 $149,539 $1,224,946 $823,477 $28,860 $351,869 $21,895 $184,072 $1,410,173 $947,930 $34,757 $405,429 $21,335 $215,680 $1,625,131 $569,088 $1,095,623 $551,642 $1,794,035 $2,505,796 $2,176,773 $547,012 Salaries / Salarios Employee Taxes and Benefits / Impuestos y Beneficios Laborales $115,124 Staff & Board Training / Educación para Empleados y Directores $14,757 $174,435 Office Occupancy / Ocupación de la Oficina $215,541 Office Operations / Operación de la Oficina $185,494 Data Processing / Mantenimiento del Sistema Computerizado $5,682 Advertising/ Propaganda $35,942 Loan Servicing / Manejo de los Préstamos $186,993 Professional Services / Servicios Profesionales $75,000 Provision for Loan Loss / Pérdidas de Préstamos $88,144 Miscellaneous / Gastos Varios $1,684,868 Total Operating Expenses / Total Gastos Operativos $609,677 $113,161 $16,868 $692,289 $222,221 $191,335 $58,802 $34,119 $255,532 $80,000 $119,818 $2,396,188 $694,919 $118,330 $16,813 -$172,864 $204,396 $187,821 $34,897 $31,381 $171,220 $75,000 $75,516 $1,437,429 $13,762 $10,959 $4,761 $29,482 $17,343 $13,498 $4,095 $34,936 $1,710,425 $2,425,670 $1,472,365 $83,610 $80,126 $704,408 73% 79%* 113% OPERATING INCOME / INGRESOS OPERATIVOS Loan Income / Ingresos por Préstamos Investment Income / Ingresos por Inversiones Fee Income / Ingresos por Cuotas Varias Program Income / Ingresos por Programas Particulares Other Operating Income / Otro Ingreso Operativo Total Operating Income / Total Ingresos Operativos NON-OPERATING INCOME / INGRESOS NO OPERATIVOS Grants to Operations / Subsidios para Operaciones TOTAL INCOME / TOTAL INGRESOS OPERATING EXPENSES / GASTOS OPERATIVOS COST OF FUNDS / COSTO DE LOS FONDOS Interest on Secondary Capital / Intereses para el Capital Secundario $9,600 $9,498 Dividends on Member Shares / Dividendos para las Cuentas $6,459 Interest on NM Deposits / Intereses para los Depósitos NM $25,557 Total Cost of Funds / Total Costo de los Fondos TOTAL EXPENSES & COST OF FUNDS / TOTAL GASTOS Y COSTO DE LOS FONDOS NET INCOME / INGRESO NETO Self-sufficiency Ratio / Tasa de 'auto-suficiencia' * construction expenses related to the new branch are excluded ** preliminary estimate