Singing River Credit Union

Singing River Credit Union is headquartered in MOSS POINT and is the 6^th largest credit union in the state of Mississippi. It is also the 1,048^th largest credit union in the nation. It was established in 1953 and as of December of 2011, it had grown to 57 employees and 4,960 members. Singing River Credit Union has a 4-star health rating.

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Data for Q4 2011

Institution Statistics SINGING RIVER NCUA # 8694 BankRate Report View Year Chartered 1953 Employees 57 Primary Regulator Assets and Liabilities Assets $152.98 million Loans $124.63 million Deposits $138.70 million Equity Capital $13.46 million Loan Loss Allowance $879,000 Unbacked Noncurrent Loans $1.51 million Real Estate Owned $548,000 Historic Data - December 2010 Assets $151.92 million Equity Capital $13.13 million Loan Loss Allowance $1.01 million Unbacked Noncurrent Loans $1.53 million Real Estate Owned $176,000 Profit Margin - Quarterly Net Interest Margin 5.14% Return on Assets 0.22% Return on Equity 2.47% Interest Income $8.30 million Non-Interest Income $2.15 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 Singing River Credit Union had $2.06 million in non-current loans and owned real-estate with $14.34 million in equity and loan loss allowances on hand to cover it. This gives Singing River Credit Union a Texas Ratio of 14.38% 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 Singing River Credit Union held steady from 12.04% as of December 31, 2010 to 14.38% as of December 31, 2011, resulting in a negative change of 19.43%. This indicates that the balance sheet and financial strength for Singing River Credit Union has held steady in recent periods. Deposit Growth In the past year, Singing River Credit Union has increased its total deposits by $717,000, resulting in 0.52% 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 Singing River Credit Union has shown is 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. Singing River Credit Union has $152.98 million in assets with $14.34 million in equity, resulting in a capitalization level of 9.37%, which is average.

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