FRED WEST Board Chairman
JOHN WHEELER Chief Financial Officer
2013 FINANCIAL OVERVIEW
Number of Active Members
Loan Volume Outstanding (in billions)
Credit Quality
2013 Portfolio Concentrations Other – 5% or less
Net Income (in millions)
Operating Efficiency
2013 Patronage Cash$ 13.4 million36.7 % Qualified Allocated Surplus --0 % Nonqualified Allocated Surplus $ 23.1 million63.3 % TOTAL$ 36.5 million100.0 %
Total Patronage Paid 2013 Declared Cash (Mar.)$ 13.4 million 3 years of Qualified Allocated Surplus (Feb.) $ 7.8 million 2005 Nonqualified Allocated Surplus (Dec.) $ 8.2 million TOTAL $ 29.4 million
$435 million declared Patronage since 1990 $300 million returned in cash
BOB FRAZEE Chief Executive Officer
Changing World Population
U.S. Race & Ethnicity Trend
Overregulated America
Election Regions