Premier CU (NC)

Premier CU (NC) is headquartered in GREENSBORO and is the 18^st largest credit union in the state of North Carolina. It is also the 1,201^st largest credit union in the nation. It was established in 1963 and as of December of 2011, it had grown to 62 employees and 23,142 members. Premier CU (NC)'s savings rates are 3X the national average, and it boasts a 5-star health rating.

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Data for Q4 2011

Institution Statistics PREMIER NCUA # 15863 BankRate Report View Year Chartered 1963 Employees 62 Primary Regulator Assets and Liabilities Assets $128.23 million Loans $78.42 million Deposits $106.10 million Equity Capital $19.38 million Loan Loss Allowance $1.46 million Unbacked Noncurrent Loans $1.12 million Real Estate Owned $342,000 Historic Data - December 2010 Assets $114.22 million Equity Capital $18.81 million Loan Loss Allowance $1.47 million Unbacked Noncurrent Loans $934,000 Real Estate Owned $133,000 Profit Margin - Quarterly Net Interest Margin 6.99% Return on Assets 0.44% Return on Equity 2.92% Interest Income $6.27 million Non-Interest Income $4.25 million

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 Premier CU (NC) had $1.46 million in non-current loans and owned real-estate with $20.84 million in equity and loan loss allowances on hand to cover it. This gives Premier CU (NC) a Texas Ratio of 6.99% 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 Premier CU (NC) held steady from 5.26% as of December 31, 2010 to 6.99% as of December 31, 2011, resulting in a negative change of 32.87%. This indicates that the balance sheet and financial strength for Premier CU (NC) has held steady in recent periods. Deposit Growth In the past year, Premier CU (NC) has increased its total deposits by $13.24 million, resulting in 14.26% 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 Premier CU (NC) 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. Premier CU (NC) has $128.23 million in assets with $20.84 million in equity, resulting in a capitalization level of 16.25%, which is excellent.