Perfect Circle Credit Union

Perfect Circle Credit Union is headquartered in Hagerstown and is the 60^th largest credit union in the state of Indiana. It is also the 2,280^th largest credit union in the nation. It was established in 1932 and as of December of 2011, it had grown to 26 employees and 7,238 members. Perfect Circle Credit Union's savings rates are 15% higher than the national average, and it has a 3-star health rating.

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Data for Q4 2011

Institution Statistics PERFECT CIRCLE NCUA # 82792 BankRate Report View Year Chartered 1932 Employees 26 Primary Regulator Assets and Liabilities Assets $48.31 million Loans $29.85 million Deposits $42.71 million Equity Capital $5.41 million Loan Loss Allowance $246,000 Unbacked Noncurrent Loans $115,000 Real Estate Owned $368,000 Historic Data - December 2010 Assets $50.47 million Equity Capital $5.12 million Loan Loss Allowance $279,000 Unbacked Noncurrent Loans $213,000 Real Estate Owned $285,000 Profit Margin - Quarterly Net Interest Margin 5.15% Return on Assets 0.51% Return on Equity 4.57% Interest Income $2.21 million Non-Interest Income $1.02 million

Institution Health Overall Score: 3 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 Perfect Circle Credit Union had $483,000 in non-current loans and owned real-estate with $5.65 million in equity and loan loss allowances on hand to cover it. This gives Perfect Circle Credit Union a Texas Ratio of 8.55% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. Texas Ratio Trend The Texas Ratio for Perfect Circle Credit Union held steady from 9.23% as of December 31, 2010 to 8.55% as of December 31, 2011, resulting in a positive change of 7.42%.This indicates that the balance sheet and financial strength for Perfect Circle Credit Union has held steady in recent periods. Deposit Growth In the past year, Perfect Circle Credit Union has decreased its total deposits by -$2.47 million, resulting in -5.47% 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 Perfect Circle Credit Union has shown is poor. 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. Perfect Circle Credit Union has $48.31 million in assets with $5.65 million in equity, resulting in a capitalization level of 11.70%, which is above average.

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