Utah First Credit Union

Utah First Credit Union is headquartered in Salt Lake City and is the 10^st largest credit union in the state of Utah. It is also the 764^th largest credit union in the nation. It was established in 1935 and as of December of 2011, it had grown to 68 employees and 21,894 members. Utah First Credit Union has a 3-star health rating.

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Data for Q4 2011

Institution Statistics UTAH FIRST NCUA # 528 BankRate Report View Year Chartered 1935 Employees 68 Primary Regulator Assets and Liabilities Assets $238.84 million Loans $190.58 million Deposits $216.57 million Equity Capital $19.56 million Loan Loss Allowance $3.16 million Unbacked Noncurrent Loans $4.81 million Real Estate Owned $1.78 million Historic Data - December 2010 Assets $240.44 million Equity Capital $18.55 million Loan Loss Allowance $2.86 million Unbacked Noncurrent Loans $5.10 million Real Estate Owned $3.76 million Profit Margin - Quarterly Net Interest Margin 5.07% Return on Assets 0.42% Return on Equity 5.14% Interest Income $11.61 million Non-Interest Income $4.05 million

Institution Health Overall Score: 3 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 Utah First Credit Union had $6.59 million in non-current loans and owned real-estate with $22.72 million in equity and loan loss allowances on hand to cover it. This gives Utah First Credit Union a Texas Ratio of 29.01% 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 Utah First Credit Union decreased slightly from 41.42% as of December 31, 2010 to 29.01% as of December 31, 2011, resulting in a positive change of 29.96%.This indicates that the balance sheet and financial strength for Utah First Credit Union has improved slightly in recent periods. Deposit Growth In the past year, Utah First Credit Union has decreased its total deposits by -$2.5 million, resulting in -1.14% 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 Utah First Credit Union 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. Utah First Credit Union has $238.84 million in assets with $22.72 million in equity, resulting in a capitalization level of 9.51%, which is average.

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