Harborstone Credit Union

Harborstone Credit Union is headquartered in Tacoma and is the 13^st largest credit union in the state of Washington. It is also the 257^th largest credit union in the nation. It was established in 1955 and as of September of 2011, it had grown to 171 employees and 52,122 members. Harborstone Credit Union has a 5-star health rating.

Harborstone Credit Union Routing Number: 325180870

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Data for Q3 2011

Institution Statistics HARBORSTONE NCUA # 66399 BankRate Report View Year Established 1955 Employees 171 Primary Regulator Assets and Liabilities Assets $753.05 million Loans $357.09 million Deposits $646.15 million Equity Capital $89.28 million Loan Loss Allowance $8.37 million Unbacked Noncurrent Loans $6.63 million Real Estate Owned $2.21 million Historic Data - September 2010 Assets $726.06 million Equity Capital $84.76 million Loan Loss Allowance $8.59 million Unbacked Noncurrent Loans $8.82 million Real Estate Owned $3.18 million Profit Margin - Quarterly Net Interest Margin 3.72% Return on Assets 0.49% Return on Equity 4.12% Interest Income $20.88 million Non-Interest Income $8.75 million

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 September 30, 2011 Harborstone Credit Union had $8.83 million in non-current loans and owned real-estate with $97.66 million in equity and loan loss allowances on hand to cover it. This gives Harborstone Credit Union a Texas Ratio of 9.05% 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 Harborstone Credit Union decreased slightly from 12.86% as of September 30, 2010 to 9.05% as of September 30, 2011, resulting in a positive change of 29.66%.This indicates that the balance sheet and financial strength for Harborstone Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Harborstone Credit Union has increased its total deposits by $23.94 million, resulting in 3.85% 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 Harborstone Credit Union has shown is above 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. Harborstone Credit Union has $753.05 million in assets with $97.66 million in equity, resulting in a capitalization level of 12.97%, which is excellent.

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