Mid East Tennessee Community Credit Union

Mid East Tennessee Community Credit Union is headquartered in Decatur and is the 132^nd largest credit union in the state of Tennessee. It is also the 5,215^st largest credit union in the nation. It was established in 2008 and as of December of 2011, it had grown to 4 employees and 1,259 members. Mid East Tennessee Community Credit Union has a 4-star health rating.

Data for Q4 2011

Institution Statistics MID EAST TENNESSEE COMMUNITY NCUA # 68590 BankRate Report View Year Chartered 2008 Employees 4 Primary Regulator Assets and Liabilities Assets $6.53 million Loans $4.49 million Deposits $6.04 million Equity Capital $365,000 Loan Loss Allowance $115,000 Unbacked Noncurrent Loans $85,000 Historic Data - December 2010 Assets $5.42 million Equity Capital $190,000 Loan Loss Allowance $66,000 Unbacked Noncurrent Loans $180,000 Profit Margin - Quarterly Net Interest Margin 13.86% Return on Assets 2.68% Return on Equity 47.95% Interest Income $699,000 Non-Interest Income $111,000

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 Mid East Tennessee Community Credit Union had $85,000 in non-current loans and owned real-estate with $480,000 in equity and loan loss allowances on hand to cover it. This gives Mid East Tennessee Community Credit Union a Texas Ratio of 17.71% 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 Mid East Tennessee Community Credit Union decreased significantly from 70.31% as of December 31, 2010 to 17.71% as of December 31, 2011, resulting in a positive change of 74.81%.This indicates that the balance sheet and financial strength for Mid East Tennessee Community Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Mid East Tennessee Community Credit Union has increased its total deposits by $844,000, resulting in 16.24% 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 Mid East Tennessee Community 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. Mid East Tennessee Community Credit Union has $6.53 million in assets with $480,000 in equity, resulting in a capitalization level of 7.35%, which is below average.

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