Sandia Laboratory Credit Union

Sandia Laboratory Credit Union is headquartered in Albuquerque and is the largest credit union in the state of New Mexico. It is also the 74^th largest credit union in the nation. It was established in 1948 and as of December of 2012, it had grown to 233 employees and 68,832 members. Sandia Laboratory Credit Union has a 5-star health rating.

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Data for Q4 2012

Institution Statistics SANDIA LABORATORY NCUA # 5851 BankRate Report View Year Chartered 1948 Employees 233 Primary Regulator Assets and Liabilities Assets $1.90 billion Loans $925.51 million Deposits $1.72 billion Equity Capital $166.76 million Loan Loss Allowance $6.12 million Unbacked Noncurrent Loans $3.80 million Real Estate Owned $1.50 million Historic Data - December 2011 Assets $1.75 billion Equity Capital $156.58 million Loan Loss Allowance $5.15 million Unbacked Noncurrent Loans $3.05 million Real Estate Owned $1.14 million Profit Margin - Quarterly Net Interest Margin 4.08% Return on Assets 0.86% Return on Equity 9.88% Interest Income $56.80 million Non-Interest Income $10.36 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, 2012 Sandia Laboratory Credit Union had $5.3 million in non-current loans and owned real-estate with $172.87 million in equity and loan loss allowances on hand to cover it. This gives Sandia Laboratory Credit Union a Texas Ratio of 3.07% 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 Sandia Laboratory Credit Union held steady from 2.59% as of December 31, 2011 to 3.07% as of December 31, 2012, resulting in a negative change of 18.31%. This indicates that the balance sheet and financial strength for Sandia Laboratory Credit Union has held steady in recent periods. Deposit Growth In the past year, Sandia Laboratory Credit Union has increased its total deposits by $139.41 million, resulting in 8.82% 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 Sandia Laboratory 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. Sandia Laboratory Credit Union has $1.9 billion in assets with $172.87 million in equity, resulting in a capitalization level of 9.08%, which is average.

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