2012-09-10T14:04:14-05:00 2011-12-31 382492570 DOEREN MAYHEW 755 W BIG BEAVER SUITE 2300 TROY MI 48084 990 2011-01-01 590248325 STATE CHARTERED CREDIT UNIONS IN 121 FINANCIAL CREDIT UNION STAT 9047236300 9700 TOUCHTON ROAD JACKSONVILLE FL 32246 REBECCA S HULETT 9047236300 2012-08-29 1 P00648440 2482443000 2011 2016-02-24 21:20:13Z WILLIAM R BRADDOCK JR 9700 TOUCHTON ROAD JACKSONVILLE FL 32246 59183066 0 X WWW.121FCU.ORG X 1935 FL TO SHARE IN THE FINANCIAL SUCCESS OF OUR MEMBERS BY PROVIDING SERVICES WITH INTEGRITY AND FAIRNESS. 10 10 151 0 240941 -212614 0 0 24598976 22525808 2175603 1931466 234228 240941 27008807 24698215 0 0 0 0 7457884 7457092 0 0 0 21489974 13312005 28947858 20769097 -1939051 3929118 425099392 420189248 386250706 377521094 38848686 42668154 TO SHARE IN THE FINANCIAL SUCCESS OF OUR MEMBERS BY PROVIDING SERVICES WITH INTEGRITY AND FAIRNESS. 0 0 N/A 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 12807 0 1 151 1 1 1 0 0 0 0 0 X 10 10 0 0 0 0 1 1 0 1 0 0 1 1 0 1 1 1 1 1 0 0 0 X REBECCA S HULETT SVPCFO 9047236300 9700 TOUCHTON ROAD JACKSONVILLE FL 32246 GEORGE W CAULEY 2.00 X 0 0 0 ROBERT M GIPSON 2.00 X 0 0 0 JOSEPH A HARDCASTLE 2.00 X 0 0 0 RAYMOND EDDIE CLANTON 2.00 X 0 0 0 J MICHAEL HOGAN 2.00 X 0 0 0 ABBIE G PICKETT 2.00 X 0 0 0 DAVID C PUGH 2.00 X 0 0 0 BILLIE C GREENLIEF 2.00 X 0 0 0 CYNTHIA A DELASSUS 2.00 X 0 0 0 WH MACOMBER JR 2.00 X 0 0 0 WILLIAM BRADDOCK JR 40.00 X 172597 0 22665 DAVIS JOHNSTON 40.00 X 112178 0 14327 GRETCHEN QUISENBERRY 40.00 X 93769 0 13373 REBECCA S HULETT 40.00 X 112892 0 13962 491436 0 64327 3 0 1 0 AULD & WHITE CONSTRUCTION 4168 SOUTHPOINT PKWY JACKSONVILLE FL 32216 CONTRACTOR 931427 UNITEDHEALTHCARE DEPT CH 10151 PALATINE IL 60055 HEALTHCARE 757264 FISERV INC 75 REMITTANCE DR STE 6962 CHICAGO IL 60675 SOFTWARE SUPPORT 613064 SPECTRUM 4319 SALISBURY RD STE4 JACKSONVILLE FL 32216 MARKETING 450024 AT&T PO BOX 105503 ATLANTA GA 30348 COMMUNICATIONS 248609 19 INCOME ON MEMBER LOANS 522100 16094234 16094234 FEES & CHARGES 522100 6431574 6431574 22525808 2049490 2049490 33567110 799717 33542673 942178 24437 -142461 -118024 -118024 INVESTMENT ADVISORY SE 525990 118562 118562 INSURANCE INCOME 524298 85824 85824 ATM INCOME 525990 36555 36555 240941 24698215 22525808 240941 1931466 X 725670 5454245 234579 586237 456361 18716 18200 729591 878317 800310 1091228 87463 31329 700892 MEMBERS SHARE EXPENSES 3068228 PROVISION FOR LOAN LOSS 1400000 OFFICE OPERATIONS 1157106 CREDIT/DEBIT CARD EXPEN 1030634 2299991 20769097 1674305 2306807 41346252 64202327 499863 439864 261972102 236250507 416318 334007 21957712 7740949 13166750 14216763 99242398 94748766 6781404 7690207 425099392 420189248 3565268 3880521 382685438 373640573 386250706 377521094 X 0 0 0 0 38848686 42668154 38848686 42668154 425099392 420189248 X 3929118 -109650 X X 0 1 1 X 0 7353727 7353727 6799287 2089920 4709367 406976 375758 31218 5995264 5275271 719993 1402458 1402458 14216763 FHLB 72855832 F CMO'S 660894 F FNMA 10782216 F SECFCU CD'S 2000000 C FHLMC 2865362 F BANK CD'S 5584462 C 94748766 MEMBER DEPOSITS 373640573 373640573 24698215 20769097 3929118 57677 -167327 -109650 3819468 24840676 142461 142461 24698215 0 24698215 20911558 142461 142461 20769097 0 20769097 PART XI, LINE 8 - OTHER ADJUSTMENTS: NET CHANGE IN POSTRETIREMENT BENEFIT -167,327. PART XII, LINE 2D - OTHER ADJUSTMENTS: LOSS OF DISPOSAL OF OTHER REAL ESTATE OWNED 142,461. PART XIII, LINE 2D - OTHER ADJUSTMENTS: LOSS OF DISPOSAL OF OTHER REAL ESTATE OWNED 142,461. X 1 1 X 0 0 0 WILLIAM BRADDOCK JR 172597 0 0 0 0 0 9587 0 13078 0 195262 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 ALL ACCOUNT HOLDERS ARE REFERRED TO AS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE CREDIT UNION HAS AN ANNUAL ELECTION IN WHICH THE MEMBERS ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 8B THE CREDIT UNION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION DOES NOT PROVIDE A COPY OF FORM 990 TO THE GOVERNING BODY PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED TO SIGN A STATEMENT ANNUALLY STATING THAT THEY ARE NOT INVOLVED IN ANY TRANSACTIONS THAT WOULD BE A CONFLICT OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE CREDIT UNION MAKES ITS FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. ALL OTHER FUNCTIONAL EXPENSES FORM 990, PART X, LINE 24E SHARE INSURANCE: TOTAL EXPENSES 877,658. ATM EXPENSE: TOTAL EXPENSES 677,933. LOAN SERVICING EXPENSE: TOTAL EXPENSES 650,185. EDUCATION: TOTAL EXPENSES 94,215. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 57,677. NET CHANGE IN POSTRETIREMENT BENEFIT -167,327. TOTAL TO FORM 990, PART XI, LINE 5: -109,650. FORM 990, PART XII, LINE 2C: WE HAVE A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNT. OUR PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.