Northcoast Credit Union

Northcoast Credit Union is headquartered in Bellingham and is the 30^th largest credit union in the state of Washington. It is also the 1,037^th largest credit union in the nation. It was established in 1938 and as of December of 2011, it had grown to 44 employees and 13,216 members. Northcoast Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics NORTH COAST NCUA # 66734 BankRate Report View Year Chartered 1938 Employees 44 Primary Regulator Assets and Liabilities Assets $154.52 million Loans $99.74 million Deposits $135.79 million Equity Capital $12.33 million Loan Loss Allowance $1.29 million Unbacked Noncurrent Loans $1.89 million Real Estate Owned $717,000 Historic Data - December 2010 Assets $142.59 million Equity Capital $10.34 million Loan Loss Allowance $1.06 million Unbacked Noncurrent Loans $2.46 million Real Estate Owned $1.80 million Profit Margin - Quarterly Net Interest Margin 5.12% Return on Assets 0.55% Return on Equity 6.95% Interest Income $6.78 million Non-Interest Income $1.18 million

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 Northcoast Credit Union had $2.6 million in non-current loans and owned real-estate with $13.62 million in equity and loan loss allowances on hand to cover it. This gives Northcoast Credit Union a Texas Ratio of 19.11% 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 Northcoast Credit Union decreased significantly from 37.34% as of December 31, 2010 to 19.11% as of December 31, 2011, resulting in a positive change of 48.82%.This indicates that the balance sheet and financial strength for Northcoast Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Northcoast Credit Union has increased its total deposits by $9.73 million, resulting in 7.72% 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 Northcoast 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. Northcoast Credit Union has $154.52 million in assets with $13.62 million in equity, resulting in a capitalization level of 8.81%, which is average.

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