L&N Employees Credit Union

L&N Employees Credit Union is headquartered in Birmingham and is the 83^rd largest credit union in the state of Alabama. It is also the 4,502^nd largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 4 employees and 1,343 members. L&N Employees Credit Union has a 5-star health rating.

Data for Q4 2011

Institution Statistics L&N EMPLOYEES NCUA # 62356 BankRate Report View Year Chartered 1952 Employees 4 Primary Regulator Assets and Liabilities Assets $10.74 million Loans $7.62 million Deposits $8.76 million Equity Capital $1.76 million Loan Loss Allowance $45,000 Unbacked Noncurrent Loans $32,000 Historic Data - December 2010 Assets $10.20 million Equity Capital $1.73 million Loan Loss Allowance $58,000 Unbacked Noncurrent Loans $42,000 Real Estate Owned $21,000 Profit Margin - Quarterly Net Interest Margin 7.79% Return on Assets 0.2% Return on Equity 1.25% Interest Income $628,000 Non-Interest Income $89,000

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 December 31, 2011 L&N Employees Credit Union had $32,000 in non-current loans and owned real-estate with $1.8 million in equity and loan loss allowances on hand to cover it. This gives L&N Employees Credit Union a Texas Ratio of 1.78% 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&N Employees Credit Union decreased significantly from 3.52% as of December 31, 2010 to 1.78% as of December 31, 2011, resulting in a positive change of 49.49%.This indicates that the balance sheet and financial strength for L&N Employees Credit Union has improved significantly in recent periods. Deposit Growth In the past year, L&N Employees Credit Union has increased its total deposits by $543,000, resulting in 6.61% 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&N Employees Credit Union has shown is excellent. 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&N Employees Credit Union has $10.74 million in assets with $1.8 million in equity, resulting in a capitalization level of 16.79%, which is excellent.

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