Espeeco Credit Union

Espeeco Credit Union is headquartered in Bakersfield and is the 352^nd largest credit union in the state of California. It is also the 4,903^rd largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 4 employees and 1,532 members. Espeeco Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics ESPEECO NCUA # 9590 BankRate Report View Year Chartered 1954 Employees 4 Primary Regulator Assets and Liabilities Assets $8.13 million Loans $3.66 million Deposits $6.34 million Equity Capital $1.75 million Loan Loss Allowance $123,000 Unbacked Noncurrent Loans $116,000 Historic Data - December 2010 Assets $9.44 million Equity Capital $1.91 million Loan Loss Allowance $54,000 Unbacked Noncurrent Loans $349,000 Profit Margin - Quarterly Net Interest Margin 7.11% Return on Assets -2.16% Return on Equity -10.06% Interest Income $310,000 Non-Interest Income $81,000

Institution Health Overall Score: 5 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 Espeeco Credit Union had $116,000 in non-current loans and owned real-estate with $1.87 million in equity and loan loss allowances on hand to cover it. This gives Espeeco Credit Union a Texas Ratio of 6.20% 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 Espeeco Credit Union decreased significantly from 17.74% as of December 31, 2010 to 6.20% as of December 31, 2011, resulting in a positive change of 65.08%.This indicates that the balance sheet and financial strength for Espeeco Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Espeeco Credit Union has decreased its total deposits by -$1.17 million, resulting in -15.54% 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 Espeeco Credit Union has shown is poor. 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. Espeeco Credit Union has $8.13 million in assets with $1.87 million in equity, resulting in a capitalization level of 23.02%, which is excellent.

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