Scurry County School

Scurry County School is headquartered in SNYDER and is the 355^th largest credit union in the state of Texas. It is also the 4,665^th largest credit union in the nation. It was established in 1955 and as of December of 2011, it had grown to 4 employees and 1,188 members. Scurry County School has a 4-star health rating.

Data for Q4 2011

Institution Statistics SCURRY COUNTY SCHOOL NCUA # 10551 BankRate Report View Year Chartered 1955 Employees 4 Primary Regulator Assets and Liabilities Assets $9.68 million Loans $6.68 million Deposits $8.08 million Equity Capital $1.59 million Loan Loss Allowance $17,000 Unbacked Noncurrent Loans $330,000 Historic Data - December 2010 Assets $10.00 million Equity Capital $1.50 million Loan Loss Allowance $96,000 Unbacked Noncurrent Loans $455,000 Profit Margin - Quarterly Net Interest Margin 8.71% Return on Assets 0.88% Return on Equity 5.34% Interest Income $699,000

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 Scurry County School had $330,000 in non-current loans and owned real-estate with $1.61 million in equity and loan loss allowances on hand to cover it. This gives Scurry County School a Texas Ratio of 20.50% 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 Scurry County School decreased slightly from 28.46% as of December 31, 2010 to 20.50% as of December 31, 2011, resulting in a positive change of 27.97%.This indicates that the balance sheet and financial strength for Scurry County School has improved slightly in recent periods. Deposit Growth In the past year, Scurry County School has decreased its total deposits by $-400,000, resulting in -4.71% 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 Scurry County School 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. Scurry County School has $9.68 million in assets with $1.61 million in equity, resulting in a capitalization level of 16.63%, which is excellent.

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