Gorman-Rupp & Associates Credit Union

Gorman-Rupp & Associates Credit Union is headquartered in Mansfield and is the 245^th largest credit union in the state of Ohio. It is also the 5,025^th largest credit union in the nation. It was established in 1899 and as of September of 2011, it had grown to 5 employees and 1,721 members. Gorman-Rupp & Associates Credit Union has a 4-star health rating.

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Data for Q3 2011

Institution Statistics GORMAN-RUPP & ASSOCIATES BankRate Report View Year Chartered 1899 Employees 5 Primary Regulator Assets and Liabilities Assets $7.74 million Loans $5.36 million Deposits $7.04 million Equity Capital $649,000 Loan Loss Allowance $81,000 Unbacked Noncurrent Loans $72,000 Historic Data - September 2010 Assets $8.11 million Equity Capital $602,000 Loan Loss Allowance $42,000 Unbacked Noncurrent Loans $100,000 Profit Margin - Quarterly Net Interest Margin 5.67% Return on Assets 1.03% Return on Equity 12.33% Interest Income $367,000 Non-Interest Income $95,000

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 September 30, 2011 Gorman-Rupp & Associates Credit Union had $72,000 in non-current loans and owned real-estate with $730,000 in equity and loan loss allowances on hand to cover it. This gives Gorman-Rupp & Associates Credit Union a Texas Ratio of 9.86% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Gorman-Rupp & Associates Credit Union decreased slightly from 15.53% as of September 30, 2010 to 9.86% as of September 30, 2011, resulting in a positive change of 36.48%.This indicates that the balance sheet and financial strength for Gorman-Rupp & Associates Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Gorman-Rupp & Associates Credit Union has decreased its total deposits by $-175,000, resulting in -2.42% 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 Gorman-Rupp & Associates 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. Gorman-Rupp & Associates Credit Union has $7.74 million in assets with $730,000 in equity, resulting in a capitalization level of 9.44%, which is average.

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