Hamilton Horizons Credit Union

Hamilton Horizons Credit Union is headquartered in Hamilton and is the 61^st largest credit union in the state of New Jersey. It is also the 3,040^th largest credit union in the nation. It was established in 1954 and as of December of 2011, it had grown to 9 employees and 3,796 members. Hamilton Horizons Credit Union has a 3-star health rating.

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Data for Q4 2011

Institution Statistics HAMILTON HORIZONS NCUA # 9411 BankRate Report View Year Chartered 1954 Employees 9 Primary Regulator Assets and Liabilities Assets $28.07 million Loans $20.39 million Deposits $25.28 million Equity Capital $2.75 million Loan Loss Allowance $482,000 Unbacked Noncurrent Loans $732,000 Historic Data - December 2010 Assets $30.51 million Equity Capital $2.72 million Loan Loss Allowance $388,000 Unbacked Noncurrent Loans $381,000 Profit Margin - Quarterly Net Interest Margin 7.02% Return on Assets 0.22% Return on Equity 2.29% Interest Income $1.90 million Non-Interest Income $243,000

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 Hamilton Horizons Credit Union had $732,000 in non-current loans and owned real-estate with $3.23 million in equity and loan loss allowances on hand to cover it. This gives Hamilton Horizons Credit Union a Texas Ratio of 22.65% 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 Hamilton Horizons Credit Union increased slightly from 12.26% as of December 31, 2010 to 22.65% as of December 31, 2011, resulting in a negative change of 84.70%. This indicates that the balance sheet and financial strength for Hamilton Horizons Credit Union has declined slightly in recent periods. Deposit Growth In the past year, Hamilton Horizons Credit Union has decreased its total deposits by -$2.22 million, resulting in -8.09% 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 Hamilton Horizons 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. Hamilton Horizons Credit Union has $28.07 million in assets with $3.23 million in equity, resulting in a capitalization level of 11.51%, which is above average.

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