Bowater Employees Credit Union

Bowater Employees Credit Union is headquartered in Calhoun and is the 28^th largest credit union in the state of Tennessee. It is also the 1,147^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 32 employees and 13,439 members. Bowater Employees Credit Union has a 3-star health rating.

Bowater Employees Credit Union Routing Number: 264278461

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Data for Q4 2011

Institution Statistics BOWATER EMPLOYEES NCUA # 67970 BankRate Report View Year Chartered 1954 Employees 32 Primary Regulator Assets and Liabilities Assets $135.51 million Loans $77.28 million Deposits $122.67 million Equity Capital $12.23 million Loan Loss Allowance $994,000 Unbacked Noncurrent Loans $1.63 million Real Estate Owned $722,000 Historic Data - December 2010 Assets $128.89 million Equity Capital $11.17 million Loan Loss Allowance $898,000 Unbacked Noncurrent Loans $1.89 million Profit Margin - Quarterly Net Interest Margin 6.11% Return on Assets 0.3% Return on Equity 3.38% Interest Income $5.23 million Non-Interest Income $1.14 million

Institution Health Overall Score: 3 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 Bowater Employees Credit Union had $2.35 million in non-current loans and owned real-estate with $13.22 million in equity and loan loss allowances on hand to cover it. This gives Bowater Employees Credit Union a Texas Ratio of 17.79% 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 Bowater Employees Credit Union held steady from 15.69% as of December 31, 2010 to 17.79% as of December 31, 2011, resulting in a negative change of 13.41%. This indicates that the balance sheet and financial strength for Bowater Employees Credit Union has held steady in recent periods. Deposit Growth In the past year, Bowater Employees Credit Union has increased its total deposits by $5.45 million, resulting in 4.65% 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 Bowater Employees Credit Union has shown is above 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. Bowater Employees Credit Union has $135.5 million in assets with $13.22 million in equity, resulting in a capitalization level of 9.76%, which is average.

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