Desert Valleys Credit Union

Desert Valleys Credit Union is headquartered in RIDGECREST and is the 275^th largest credit union in the state of California. It is also the 3,448^th largest credit union in the nation. It was established in 1946 and as of December of 2012, it had grown to 11 employees and 3,913 members. Desert Valleys Credit Union has a 4-star health rating.

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Data for Q4 2012

Institution Statistics DESERT VALLEYS NCUA # 5366 BankRate Report View Year Chartered 1946 Employees 11 Primary Regulator Assets and Liabilities Assets $21.56 million Loans $12.40 million Deposits $20.04 million Equity Capital $1.40 million Loan Loss Allowance $197,000 Unbacked Noncurrent Loans $86,000 Historic Data - December 2011 Assets $21.27 million Equity Capital $1.29 million Loan Loss Allowance $237,000 Unbacked Noncurrent Loans $91,000 Profit Margin - Quarterly Net Interest Margin 7.14% Return on Assets 0.53% Return on Equity 8.14% Interest Income $988,000 Non-Interest Income $537,000

Institution Health Overall Score: 4 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, 2012 Desert Valleys Credit Union had $86,000 in non-current loans and owned real-estate with $1.6 million in equity and loan loss allowances on hand to cover it. This gives Desert Valleys Credit Union a Texas Ratio of 5.38% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Desert Valleys Credit Union held steady from 5.97% as of December 31, 2011 to 5.38% as of December 31, 2012, resulting in a positive change of 9.87%.This indicates that the balance sheet and financial strength for Desert Valleys Credit Union has held steady in recent periods. Deposit Growth In the past year, Desert Valleys Credit Union has increased its total deposits by $176,000, resulting in 0.89% 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 Desert Valleys Credit Union has shown is 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. Desert Valleys Credit Union has $21.56 million in assets with $1.6 million in equity, resulting in a capitalization level of 7.41%, which is below average.

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