L C E Credit Union

L C E Credit Union is headquartered in PAINESVILLE and is the 125^th largest credit union in the state of Ohio. It is also the 2,794^th largest credit union in the nation. It was established in 1960 and as of December of 2011, it had grown to 10 employees and 5,445 members. L C E Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics L C E NCUA # 13885 BankRate Report View Year Chartered 1960 Employees 10 Primary Regulator Assets and Liabilities Assets $32.91 million Loans $16.30 million Deposits $30.31 million Equity Capital $2.51 million Loan Loss Allowance $99,000 Unbacked Noncurrent Loans $146,000 Historic Data - December 2010 Assets $32.70 million Equity Capital $2.43 million Loan Loss Allowance $90,000 Unbacked Noncurrent Loans $130,000 Profit Margin - Quarterly Net Interest Margin 5.77% Return on Assets 0.22% Return on Equity 2.95% Interest Income $1.19 million Non-Interest Income $290,000

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 December 31, 2011 L C E Credit Union had $146,000 in non-current loans and owned real-estate with $2.6 million in equity and loan loss allowances on hand to cover it. This gives L C E Credit Union a Texas Ratio of 5.61% 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 L C E Credit Union held steady from 5.16% as of December 31, 2010 to 5.61% as of December 31, 2011, resulting in a negative change of 8.68%. This indicates that the balance sheet and financial strength for L C E Credit Union has held steady in recent periods. Deposit Growth In the past year, L C E Credit Union has increased its total deposits by $114,000, resulting in 0.38% 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 L C E 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. L C E Credit Union has $32.9 million in assets with $2.6 million in equity, resulting in a capitalization level of 7.91%, which is below average.

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