Mississippi Telco Credit Union

Mississippi Telco Credit Union is headquartered in Pearl and is the 6^th largest credit union in the state of Mississippi. It is also the 1,031^st largest credit union in the nation. It was established in 1935 and as of December of 2012, it had grown to 15 employees and 8,017 members. Mississippi Telco Credit Union's money market rates are 14% higher than the national average, and it boasts a 5-star health rating.

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Data for Q4 2012

Institution Statistics MISSISSIPPI TELCO NCUA # 473 BankRate Report View Year Chartered 1935 Employees 15 Primary Regulator Assets and Liabilities Assets $163.77 million Loans $42.81 million Deposits $141.51 million Equity Capital $21.98 million Loan Loss Allowance $204,000 Unbacked Noncurrent Loans $239,000 Real Estate Owned $69,000 Historic Data - December 2011 Assets $155.77 million Equity Capital $21.17 million Loan Loss Allowance $225,000 Unbacked Noncurrent Loans $248,000 Real Estate Owned $26,000 Profit Margin - Quarterly Net Interest Margin 4.18% Return on Assets 0.61% Return on Equity 4.55% Interest Income $4.51 million Non-Interest Income $731,000

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, 2012 Mississippi Telco Credit Union had $308,000 in non-current loans and owned real-estate with $22.18 million in equity and loan loss allowances on hand to cover it. This gives Mississippi Telco Credit Union a Texas Ratio of 1.39% 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 Mississippi Telco Credit Union held steady from 1.28% as of December 31, 2011 to 1.39% as of December 31, 2012, resulting in a negative change of 8.43%. This indicates that the balance sheet and financial strength for Mississippi Telco Credit Union has held steady in recent periods. Deposit Growth In the past year, Mississippi Telco Credit Union has increased its total deposits by $7.32 million, resulting in 5.45% 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 Mississippi Telco 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. Mississippi Telco Credit Union has $163.77 million in assets with $22.18 million in equity, resulting in a capitalization level of 13.55%, which is excellent.

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