Georgia Coastal Credit Union

Georgia Coastal Credit Union is headquartered in BRUNSWICK and is the 92^nd largest credit union in the state of Georgia. It is also the 4,577^th largest credit union in the nation. It was established in 1941 and as of December of 2011, it had grown to 6 employees and 1,490 members. Georgia Coastal Credit Union has a 1-star health rating.

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Data for Q4 2011

Institution Statistics GEORGIA COASTAL NCUA # 4425 BankRate Report View Year Chartered 1941 Employees 6 Primary Regulator Assets and Liabilities Assets $10.25 million Loans $6.44 million Deposits $9.53 million Equity Capital $694,000 Loan Loss Allowance $64,000 Unbacked Noncurrent Loans $320,000 Real Estate Owned $986,000 Historic Data - December 2010 Assets $10.14 million Equity Capital $667,000 Loan Loss Allowance $118,000 Unbacked Noncurrent Loans $138,000 Real Estate Owned $714,000 Profit Margin - Quarterly Net Interest Margin 7.96% Return on Assets 0.27% Return on Equity 4.03% Interest Income $593,000 Non-Interest Income $146,000

Institution Health Overall Score: 1 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 Georgia Coastal Credit Union had $1.31 million in non-current loans and owned real-estate with $758,000 in equity and loan loss allowances on hand to cover it. This gives Georgia Coastal Credit Union a Texas Ratio of 172.30% which is poor. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Georgia Coastal Credit Union increased slightly from 108.54% as of December 31, 2010 to 172.30% as of December 31, 2011, resulting in a negative change of 58.75%. This indicates that the balance sheet and financial strength for Georgia Coastal Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Georgia Coastal Credit Union has increased its total deposits by $72,000, resulting in 0.76% 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 Georgia Coastal 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. Georgia Coastal Credit Union has $10.24 million in assets with $758,000 in equity, resulting in a capitalization level of 7.40%, which is below average.

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