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Overview / Commentary
208-493-0160
P.O. Box 140809
Garden City, ID 83714

Les Bois Credit Union is headquartered in Garden City and is the 13st largest credit union in the state of Idaho. It is also the 1,613st largest credit union in the nation. It was established in 1955 and as of December of 2013, it had grown to 42 employees and 10,685 members. Les Bois Credit Union has a B health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in the city of Boise, Garden City or Boise County, Idaho. - See Details

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Health

Data for Q4 2013

Institution Health

B
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Les Bois Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
C+

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, 2013 Les Bois Credit Union had $1.93 million in non-current loans and owned real-estate with $7.8 million in equity and loan loss allowances on hand to cover it. This gives Les Bois Credit Union a Texas Ratio of 24.73% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Les Bois Credit Union decreased dramatically from 79.16% as of December 31, 2012 to 24.73% as of December 31, 2013, resulting in a positive change of 68.76%.This indicates that the balance sheet and financial strength for Les Bois Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Les Bois Credit Union has increased its total deposits by $924,000, resulting in 1.18% 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 Les Bois Credit Union has shown is above average.

Capitalization

GRADE:
C

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. Les Bois Credit Union has $87.72 million in assets with $7.8 million in equity, resulting in a capitalization level of 8.89%, which is average.

Institution Statistics

Overall
NCUA #68621
Year Chartered1955
Employees42
Primary Regulator
Assets and Liabilities
Assets$87.72 million
Loans$59.32 million
Deposits$79.18 million
Equity Capital$7.14 million
Loan Loss Allowance$653,000
Unbacked Noncurrent Loans$1.73 million
Real Estate Owned$195,000
Historic Data - December 2012
Assets$85.91 million
Equity Capital$7.02 million
Loan Loss Allowance$931,000
Unbacked Noncurrent Loans$1.73 million
Real Estate Owned$470,000
Profit Margin - Quarterly
Net Interest Margin4.82%
Return on Assets0.01%
Return on Equity0.18%
Interest Income$3.09 million
Rates

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Locations


Les Bois Credit Union Locations
Branch Office292 Village CirGarden Valley, ID 83622
Branch Office206 West Main StCascade, ID 83611
Branch Office123 McClure AveNampa, ID 83651
Branch Office7906 W Marigold StGarden City, ID 83714
Branch Office393 S 3rd StBoise, ID 83702