Baylands Credit Union

Baylands Credit Union is headquartered in WEST POINT and is the 52^nd largest credit union in the state of Virginia. It is also the 1,748^th largest credit union in the nation. It was established in 1946 and as of December of 2011, it had grown to 28 employees and 6,177 members. Baylands Credit Union has a 2-star health rating.

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Data for Q4 2011

Institution Statistics BAYLANDS NCUA # 5267 BankRate Report View Year Chartered 1946 Employees 28 Primary Regulator Assets and Liabilities Assets $74.43 million Loans $44.52 million Deposits $68.97 million Equity Capital $4.99 million Loan Loss Allowance $522,000 Unbacked Noncurrent Loans $1.32 million Real Estate Owned $150,000 Historic Data - December 2010 Assets $76.67 million Equity Capital $5.18 million Loan Loss Allowance $524,000 Unbacked Noncurrent Loans $466,000 Real Estate Owned $588,000 Profit Margin - Quarterly Net Interest Margin 5.64% Return on Assets 0.13% Return on Equity 1.97% Interest Income $3.51 million Non-Interest Income $928,000

Institution Health Overall Score: 2 out of 5 Texas Ratio The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2011 Baylands Credit Union had $1.47 million in non-current loans and owned real-estate with $5.51 million in equity and loan loss allowances on hand to cover it. This gives Baylands Credit Union a Texas Ratio of 26.72% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Baylands Credit Union increased slightly from 18.47% as of December 31, 2010 to 26.72% as of December 31, 2011, resulting in a negative change of 44.68%. This indicates that the balance sheet and financial strength for Baylands Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Baylands Credit Union has decreased its total deposits by -$2.01 million, resulting in -2.83% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Baylands Credit Union has shown is below average. Capitalization Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Baylands Credit Union has $74.43 million in assets with $5.51 million in equity, resulting in a capitalization level of 7.40%, which is below average.