Town And Country CU (IA)

Town And Country CU (IA) is headquartered in HARLAN and is the 66^th largest credit union in the state of Iowa. It is also the 4,230^th largest credit union in the nation. It was established in 1939 and as of December of 2011, it had grown to 5 employees and 2,027 members. Town And Country CU (IA) has a 5-star health rating.

Data for Q4 2011

Institution Statistics TOWN AND COUNTRY NCUA # 65168 BankRate Report View Year Chartered 1939 Employees 5 Primary Regulator Assets and Liabilities Assets $12.83 million Loans $11.34 million Deposits $11.22 million Equity Capital $1.56 million Loan Loss Allowance $82,000 Unbacked Noncurrent Loans $43,000 Real Estate Owned $150,000 Historic Data - December 2010 Assets $12.48 million Equity Capital $1.36 million Loan Loss Allowance $201,000 Unbacked Noncurrent Loans $269,000 Real Estate Owned $49,000 Profit Margin - Quarterly Net Interest Margin 5.99% Return on Assets 1.57% Return on Equity 12.86% Interest Income $790,000 Non-Interest Income $307,000

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 Town And Country CU (IA) had $193,000 in non-current loans and owned real-estate with $1.64 million in equity and loan loss allowances on hand to cover it. This gives Town And Country CU (IA) a Texas Ratio of 11.73% 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 Town And Country CU (IA) decreased significantly from 20.33% as of December 31, 2010 to 11.73% as of December 31, 2011, resulting in a positive change of 42.30%.This indicates that the balance sheet and financial strength for Town And Country CU (IA) has improved significantly in recent periods. Deposit Growth In the past year, Town And Country CU (IA) has increased its total deposits by $155,000, resulting in 1.4% 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 Town And Country CU (IA) has shown is above 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. Town And Country CU (IA) has $12.83 million in assets with $1.64 million in equity, resulting in a capitalization level of 12.82%, which is excellent.

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