Star One Credit Union Financial Statements

With assets over $9.3 billion , Star One is ranked 19th in total assets among over 4,900 credit unions nationally.

As of December 31, 2025

**Loans, Receivables, Cash**
Lines of Credit	10,025,670
Visa Credit Cards	59,483,665
Share Secured	2,437,892
Student Loans	56,108,536
Solar Loans	83,039,458
Other Consumer	16,522,113
Mobile Homes	393,821
New/Used Auto	364,232,808
Real Estate 1st	5,016,718,087
Real Estate 2nd	586,613,075
Investment Properties	278,592,195
Participation Loans	317,940
Collateral in Process of Liquidation	227,092
Total Loans	6,474,712,353
Fair Value Hedge	(43,112,390)
Allowance for Loan Losses	(14,346,499)
Net Loans Outstanding	6,417,253,464
Receivables	2,413,324
Cash	348,635,996
Total Loans, Receivables, and Cash	6,768,302,784

**Investments**
US Government Guaranteed	100,319,097
Federal Agency Securities	360,249,455
CMO	101,095,790
MBS	1,350,035,560
SBA	15,731,489
Money Market Mutual Funds	0
HTM (Held to Maturity) Investments	0
Deposits in Corporate FCUs	227,997,041
Other Investments	21,987,204
Total Investments	2,177,415,636
Unrealized Gain/(Loss) A.F.S. Investment	(92,220,624)
Net Investments	2,085,195,012
Investment in NCUSIF Capital Fund	59,016,894
Total Investments	2,144,211,907

**Other Assets**
Prepaids	4,237,693
Land	4,163,384
Building (Net of Depreciation)	6,967,798
FF&E (Net of Depreciation)	1,489,186
Accrued Interest on Loans	17,767,138
Accrued Income on Investments	7,216,850
Other Accrued Income	17,931
Assets Acquired in Liquidation of Loans	920,000
Supplemental Retirement	243,148,119
Employee Benefits Pre-Funding	111,559,719
Derivative Assets	29,934,189
Other Assets	4,690,443
Total Other Assets	432,112,442

**Equity**
Regular Reserves	56,850,821
Undivided Earnings	1,300,014,656
Total Equity	1,356,865,476
Unrealized Gain/(Loss) A.F.S. Investment	(92,220,624)
OCI Derivative Market Gain/(Loss)	(235,094)
Accumulated Other Comp. Income	(4,546,343)
Net Equity	1,259,863,415

For the Period Ended December 31, 2025

**Interest Income**
Interest on Loans	23,647,489
Interest on Hedging	1,742,511
Interest on Loan Participations	1,921
Total Interest on Loans	25,391,920
Income from Investments	4,807,290
Total Interest Income	30,199,210

**Interest Expense**
Interest on Borrowed Money	43,124
Interest on Cancelable Swaps	0
Dividend Expense	21,824,481
Total Interest Expense	21,867,606
Net Interest Income	8,331,605
Provision for Loan Loss	375,990
Net Interest Income After Provision for Loan Losses	7,955,615

**Operating Expenses**
Salaries	490,622
Employee Benefits	1,677,146
Travel & Conference	269,028
Association Dues	45,509
Office Occupancy	245,714
Office Operations	971,952
Education & Promotion	508,303
Loan Servicing	1,011,965
Professional Outside Services	561,942
Operating Fee	53,371
Cash (Over)/Short	3,836
Annual Meeting	800
Misc Operating Expense	410,959
Total Operating Expense	6,251,145

**Market Value Adjustments**
(Gain)/Loss Benefits Prefunding	(1,044,441)
(Gain)/Loss Supplemental Retirement	(2,910,666)
Total Market Value Adjustments	(3,955,107)
Net Operating Expense	2,296,039

**Other Operating Income**
Fees & Charges	248,240
Gain (Loss) on Sale of R/E Loans	0
Miscellaneous Operating Income	968,086
Service Income on Loans	1,698
Total Other Operating Income	1,218,025

**Non-Operating Income**
Gain/(Loss) on Investments	0
Gain/(Loss) on Disposition of Assets	0
Other Non-Operating Income/(Expense)	(9)
Total Non-Operating Income	(9)
Net Income Before Required Reserve	6,877,592
Provision for Loan Losses Adjustment	375,990
Available for Reserve	7,253,582
Net Income before Required Reserve with Market Adj	2,922,485