Qualstar Credit Union

Qualstar Credit Union is headquartered in Bellevue and is the 24^th largest credit union in the state of Washington. It is also the 612^st largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to 90 employees and 48,943 members. Qualstar Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics QUALSTAR NCUA # 68223 BankRate Report View Year Chartered 1952 Employees 90 Primary Regulator Assets and Liabilities Assets $316.72 million Loans $189.71 million Deposits $275.82 million Equity Capital $35.81 million Loan Loss Allowance $10.59 million Unbacked Noncurrent Loans $5.67 million Real Estate Owned $1.43 million Historic Data - December 2010 Assets $323.16 million Equity Capital $33.32 million Loan Loss Allowance $11.95 million Unbacked Noncurrent Loans $8.39 million Profit Margin - Quarterly Net Interest Margin 6.3% Return on Assets 0.79% Return on Equity 6.95% Interest Income $14.77 million Non-Interest Income $6.84 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 Qualstar Credit Union had $7.1 million in non-current loans and owned real-estate with $46.39 million in equity and loan loss allowances on hand to cover it. This gives Qualstar Credit Union a Texas Ratio of 15.30% 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 Qualstar Credit Union decreased slightly from 18.54% as of December 31, 2010 to 15.30% as of December 31, 2011, resulting in a positive change of 17.47%.This indicates that the balance sheet and financial strength for Qualstar Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Qualstar Credit Union has decreased its total deposits by -$4.71 million, resulting in -1.68% 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 Qualstar Credit Union has shown is below average. 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. Qualstar Credit Union has $316.71 million in assets with $46.39 million in equity, resulting in a capitalization level of 14.65%, which is excellent.

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