Tri-Lakes Credit Union

Tri-Lakes Credit Union is headquartered in Saranac Lake and is the 225^th largest credit union in the state of New York. It is also the 4,346^th largest credit union in the nation. It was established in 1978 and as of December of 2011, it had grown to 7 employees and 2,750 members. Tri-Lakes Credit Union has a 5-star health rating.

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Data for Q4 2011

Institution Statistics TRI-LAKES NCUA # 23198 BankRate Report View Year Chartered 1978 Employees 7 Primary Regulator Assets and Liabilities Assets $11.89 million Loans $7.61 million Deposits $11.17 million Equity Capital $646,000 Loan Loss Allowance $61,000 Unbacked Noncurrent Loans $15,000 Historic Data - December 2010 Assets $10.56 million Equity Capital $521,000 Loan Loss Allowance $98,000 Unbacked Noncurrent Loans $10,000 Profit Margin - Quarterly Net Interest Margin 6.77% Return on Assets 1.06% Return on Equity 19.5% Interest Income $564,000 Non-Interest Income $245,000

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 Tri-Lakes Credit Union had $15,000 in non-current loans and owned real-estate with $707,000 in equity and loan loss allowances on hand to cover it. This gives Tri-Lakes Credit Union a Texas Ratio of 2.12% 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 Tri-Lakes Credit Union held steady from 1.62% as of December 31, 2010 to 2.12% as of December 31, 2011, resulting in a negative change of 31.33%. This indicates that the balance sheet and financial strength for Tri-Lakes Credit Union has held steady in recent periods. Deposit Growth In the past year, Tri-Lakes Credit Union has increased its total deposits by $1.21 million, resulting in 12.2% 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 Tri-Lakes 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. Tri-Lakes Credit Union has $11.89 million in assets with $707,000 in equity, resulting in a capitalization level of 5.95%, which is below average.

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