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ASSETS • -FIRST MORTGAGE.REAL. ESTATE LOANS...................$551,882.28 The Association owns 139 mortgage loans on North Shore Homes. Equal monthly payments ore made by the borrowcers until the property is debt free. SHARE. LOANS..........................................11,747.» Temporary loans to shareholders, secured by assignment, of shares, which may not exceed 90% of the amount of the sharekholder's account. STOCK IN FEDERAL HOME LOAN BANK OF CHICAGO........ This reserbe banking system inakes such long and short term credit avaiIable to the Association as its business requires in accordance wath the provisions o the Federal Home Loan Bank Act. 11,400.00 CASH................................ .29,919.98 DEFERRED CHARGES.....................................389.50 Surety bond premiums Oaid in advance. DIVIDEND RECEIVABLE....................................100.00 Dividend on'Stock in Federal Loin Bank of Chicago earned but not ne¢,eivu4. INTEREST RECEIVABLE ................,..................36.17 Interest due July 1, 1938, on cash on deposit uith the Federal Home Loan Bank of Chicago. FURNITURE AND FIXTURES.......................,...... g269.00 TOTAL............. ................$605,744.72 MORTGAGE LOANS IN PROCESS ...-...-................... The Association has made loans Io build, rpair, reinance or buy homes on which these lunds hanve not yet been disbursed. DIVIDENDS DECLARIED................................... Earnings at the rate of 3½,% per annum declared by the Directors and payable to Shareholders Jul> 1, 1938. AMVANCE FRom FEDERAL HOME LOAN BANK............... The Association has a line o credit wîith this reserve institution of 50% o; as ssets, this fund being available to the Association on a ten-ean nr hrier s ...t.. - :t ..- . BONUS To enc 14,952.81 7,025.53 Are you mljisEI th: Ili 133,175.00 you enjoy wnen you open a Savings Account with the First Federal Savings and Loan Association of Wilmette. You can invest small amounts regularly-or any amount when you desire-and let earnings make your saving grow: for education. travel hame 553.51 TOTAL .............. ..................605,744.72