Cycle Date: September-2011
Run Date: 12/01/2011
Interval: Quarterly
Page Click on links below to jump to FPR contents
1 Summary Financial Information
2 Ratio Analysis
3 Supplemental Ratios
4 Assets
5 Liabilities, Shares & Equity
6 Income Statement
7 Delinquent Loan Information
8 Loan Losses, Bankruptcy Information, & Loan Modifications
9 Indirect & Participation Lending
10 Real Estate Loan Information 1
11 Real Estate Loan Information 2
12 Member Business Loan Information
13 Investments, Cash, & Cash Equivalents
14 Other Investment Information
15 Supplemental Share Information, Off Balance Sheet, & Borrowings
16 Miscellaneous Information, Programs, & Services
17 Information Systems & Technology
18 Graphs 1 (Delinquency & Net Charge-offs, Loan & Share Growth, Net Worth, Return on Average Assets)
19 Graphs 2 (Loans/Assets, Net Long-Term Assets, Net Interest Margin, Cash & Short Term Investments)
Parameters: Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU : 7179
Asset Range : N/A
Peer Group Number : N/A
Count of CU in Peer Group : N/A
Charter-Region-SE-District:
N/A - N/A - N/A - N/A
*Note to Users: The peer groups and resulting peer average ratios are based upon all federally insured credit unions within the asset range. Peer
average ratios are not available for aggregate reports.
The ratios on aggregate FPRs are consolidated ratios for the group of credit unions included in the report and do not represent a peer average for that group.
Summary Financial Information
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
ASSETS: Amount Amount Amount Amount Amount
Cash & Equivalents 77,217,552,139 74,427,960,780 -3.6 88,972,622,761 19.5 85,328,946,833 -4.1 91,490,883,086 7.2
TOTAL INVESTMENTS 226,271,320,603 238,923,601,436 5.6 253,724,930,666 6.2 255,798,717,692 0.8 255,711,505,813 0.0
Loans Held for Sale 2,979,027,407 3,211,898,813 7.8 1,240,962,920 -61.4 1,661,443,806 33.9 2,748,064,764 65.4
Real Estate Loans 310,187,517,838 309,594,322,209 -0.2 309,533,815,070 0.0 310,557,115,181 0.3 311,295,977,598 0.2
Unsecured Loans 60,274,201,196 61,427,216,202 1.9 59,793,778,924 -2.7 60,920,655,291 1.9 62,258,334,551 2.2
Other Loans 196,529,092,699 193,686,411,020 -1.4 190,563,088,409 -1.6 192,547,301,831 1.0 193,565,897,426 0.5
TOTAL LOANS 566,990,811,733 564,707,949,431 -0.4 559,890,682,403 -0.9 564,025,072,303 0.7 567,120,209,575 0.5
(Allowance for Loan & Lease Losses) (9,290,998,264) (9,423,133,250) 1.4 (9,207,234,281) -2.3 (9,081,112,344) -1.4 (9,011,240,477) -0.8
Land And Building 16,607,905,939 16,779,031,976 1.0 16,856,153,372 0.5 16,981,362,693 0.7 17,070,974,633 0.5
Other Fixed Assets 3,358,478,265 3,353,607,314 -0.1 3,294,332,265 -1.8 3,307,994,958 0.4 3,315,270,510 0.2
NCUSIF Deposit 7,260,015,807 7,469,342,334 2.9 7,466,228,698 0.0 7,552,972,426 1.2 7,791,433,532 3.2
All Other Assets 16,463,860,718 14,903,104,639 -9.5 17,029,566,222 14.3 16,898,352,506 -0.8 14,912,663,451 -11.8
TOTAL ASSETS 907,857,974,347 914,353,363,473 0.7 939,268,245,026 2.7 942,473,750,873 0.3 951,149,764,887 0.9
LIABILITIES & CAPITAL:
Dividends Payable 357,955,428 373,034,583 4.2 302,177,509 -19.0 286,341,922 -5.2 274,965,891 -4.0
Notes & Interest Payable 27,987,398,031 28,640,651,086 2.3 26,108,784,022 -8.8 25,147,224,559 -3.7 25,491,025,500 1.4
Accounts Payable & Other Liabilities 8,692,803,930 7,684,440,554 -11.6 8,378,924,744 9.0 8,991,544,160 7.3 8,855,874,077 -1.5
Uninsured Secondary Capital 157,105,128 155,865,823 -0.8 155,726,505 -0.1 167,951,999 7.9 167,494,685 -0.3
TOTAL LIABILITIES 37,195,262,517 36,853,992,046 -0.9 34,945,612,780 -5.2 34,593,062,640 -1.0 34,789,360,153 0.6
Share Drafts 86,539,493,543 89,882,945,964 3.9 96,298,313,338 7.1 94,627,117,088 -1.7 99,470,164,015 5.1
Regular shares 216,866,821,450 220,513,597,522 1.7 236,583,406,703 7.3 239,113,277,886 1.1 241,041,852,257 0.8
All Other Shares & Deposits 476,505,894,707 476,006,931,252 -0.1 478,800,982,856 0.6 478,466,784,420 -0.1 478,685,528,728 0.0
TOTAL SHARES & DEPOSITS 779,912,209,700 786,403,474,738 0.8 811,682,702,897 3.2 812,207,179,394 0.1 819,197,545,000 0.9
Regular Reserve 19,056,594,966 19,124,697,944 0.4 19,026,456,951 -0.5 19,092,173,890 0.3 19,102,911,957 0.1
Other Reserves 10,110,823,443 9,225,254,899 -8.8 9,616,249,455 4.2 11,235,696,796 16.8 11,884,298,849 5.8
Undivided Earnings 61,583,083,721 62,745,943,846 1.9 63,997,222,943 2.0 65,345,638,153 2.1 66,175,648,928 1.3
TOTAL EQUITY 90,750,502,130 91,095,896,689 0.4 92,639,929,349 1.7 95,673,508,839 3.3 97,162,859,734 1.6
TOTAL LIABILITIES, SHARES, & EQUITY 907,857,974,347 914,353,363,473 0.7 939,268,245,026 2.7 942,473,750,873 0.3 951,149,764,887 0.9
INCOME & EXPENSE
Loan Income* 26,000,243,921 34,469,613,724 -0.6 8,266,908,199 -4.1 16,462,792,284 -0.4 24,658,111,558 -0.1
Investment Income* 4,316,003,322 5,626,488,225 -2.2 1,319,696,935 -6.2 2,711,082,242 2.7 4,005,647,900 -1.5
Other Income* 8,726,081,898 11,965,844,588 2.8 2,840,446,517 -5.0 5,803,234,928 2.2 8,916,852,628 2.4
Total Employee Compensation & Benefits* 10,389,818,478 13,992,168,064 1.0 3,580,982,212 2.4 7,145,459,518 -0.2 10,741,029,945 0.2
Temporary Corporate CU Stabilization
Expense & NCUSIF Premiums*/2 1,093,113,078 1,975,664,368 35.6 187,116,487 -62.1 395,724,851 5.7 1,847,417,137 211.2
Total Other Operating Expenses* 10,913,454,760 13,629,766,348 -6.3 3,496,964,984 2.6 7,077,183,775 1.2 10,457,333,197 -1.5
Non-operating Income & (Expense)* 11,262,215 9,024,356 -39.9 33,140,222 1,368.9 60,415,718 -8.8 176,316,171 94.6
NCUSIF Stabilization Income* 2,612,402 1,011,452 -71.0 0 -100.0 0 N/A 0 N/A
Provision for Loan/Lease Losses* 5,264,430,349 7,034,779,464 0.2 1,224,270,117 -30.4 2,375,455,058 -3.0 3,510,505,830 -1.5
Cost of Funds* 8,374,813,320 10,886,325,588 -2.5 2,275,079,391 -16.4 4,473,131,970 -1.7 6,591,406,019 -1.8
NET INCOME (LOSS) EXCLUDING STABILIZATION
EXPENSE & NCUSIF PREMIUM */1 4,113,686,851 6,527,931,429 19.0 1,882,895,169 15.4 3,966,294,851 5.3 6,456,653,266 8.5
Net Income (Loss)* 3,020,573,773 4,553,278,513 13.1 1,695,778,682 49.0 3,570,570,000 5.3 4,609,236,129 -13.9
TOTAL CU's 7,402 7,339 -0.9 7,292 -0.6 7,239 -0.7 7,179 -0.8
* Income/Expense items are year-to-date while the related %change ratios are annualized.
# Means the number is too large to display in the cell
1
Prior to September 2010, this account was named Net Income (Loss) Before NCUSIF Stabilization Expense. From December 2010 forward, NCUSIF Stabilization Income, if any, is excluded.
2
Prior to September 2010, this account was named NCUSIF Stabilization Expense. For December 2010 and forward, this account includes Temporary Corporate CU Stabilization Expense
and NCUSIF Premiums. 1. Summary Financial
Ratio Analysis
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs)
Count of CU in Peer Group : N/A Jun-2011 Sep-2011
Sep-2010 Dec-2010 Mar-2011 Jun-2011 PEER Avg Percentile** Sep-2011 PEER Avg Percentile**
CAPITAL ADEQUACY
Net Worth/Total Assets 9.97 10.06 9.97 10.14 N/A N/A 10.15 N/A N/A
Net Worth/Total Assets--Including Optional
Total Assets Election (if used) 10.00 10.08 10.02 10.17 N/A N/A 10.18 N/A N/A
Total Delinquent Loans / Net Worth 10.95 10.78 9.75 9.32 N/A N/A 9.33 N/A N/A
Solvency Evaluation (Estimated) 111.65 111.60 111.43 111.80 N/A N/A 111.88 N/A N/A
Classified Assets (Estimated) / Net Worth 10.29 10.27 9.85 9.53 N/A N/A 9.36 N/A N/A
ASSET QUALITY
Delinquent Loans / Total Loans 1.75 1.76 1.63 1.58 N/A N/A 1.59 N/A N/A
* Net Charge-Offs / Average Loans 1.13 1.13 1.00 0.95 N/A N/A 0.91 N/A N/A
Fair (Market) HTM Invest Value/Book Value HTM Invest. 101.82 100.81 100.41 101.12 N/A N/A 101.25 N/A N/A
Accum Unreal G/L On AFS/Cost Of AFS 1.51 0.48 0.29 1.10 N/A N/A 1.44 N/A N/A
Delinquent Loans / Assets 1.09 1.09 0.97 0.95 N/A N/A 0.95 N/A N/A
EARNINGS
* Return On Average Assets 0.45 0.51 0.73 0.77 N/A N/A 0.66 N/A N/A
* Return On Average Assets Excluding Stabilization
2
Income/Expense & NCUSIF Premium 0.61 0.73 0.81 0.85 N/A N/A 0.92 N/A N/A
* Gross Income/Average Assets 5.81 5.79 5.36 5.38 N/A N/A 5.37 N/A N/A
* Yield on Average Loans 6.08 6.06 5.88 5.83 N/A N/A 5.81 N/A N/A
* Yield on Average Investments 2.03 1.95 1.65 1.70 N/A N/A 1.65 N/A N/A
* Fee & Other Op.Income / Avg. Assets 1.30 1.33 1.23 1.25 N/A N/A 1.27 N/A N/A
* Cost of Funds / Avg. Assets 1.25 1.21 0.98 0.96 N/A N/A 0.94 N/A N/A
* Net Margin / Avg. Assets 4.56 4.58 4.38 4.42 N/A N/A 4.43 N/A N/A
* Operating Exp./ Avg. Assets 3.33 3.29 3.14 3.15 N/A N/A 3.29 N/A N/A
* Provision For Loan & Lease Losses / Average Assets 0.78 0.78 0.53 0.51 N/A N/A 0.50 N/A N/A
* Net Interest Margin/Avg. Assets 3.26 3.25 3.16 3.17 N/A N/A 3.16 N/A N/A
Operating Exp./Gross Income 57.36 56.85 58.46 58.53 N/A N/A 61.32 N/A N/A
Fixed Assets & Foreclosed & Repossessed Assets
/ Total Assets1 2.58 2.59 2.52 2.53 N/A N/A 2.51 N/A N/A
* Net Operating Exp. /Avg. Assets 2.55 2.51 2.43 2.44 N/A N/A 2.56 N/A N/A
ASSET / LIABILITY MANAGEMENT
Net Long-Term Assets / Total Assets 31.39 32.99 33.42 34.20 N/A N/A 33.20 N/A N/A
Reg. Shares / Total Shares & Borrowings 26.86 27.07 28.25 28.57 N/A N/A 28.55 N/A N/A
Total Loans / Total Shares 72.70 71.81 68.98 69.44 N/A N/A 69.23 N/A N/A
Total Loans / Total Assets 62.45 61.76 59.61 59.85 N/A N/A 59.62 N/A N/A
Cash + Short-Term Investments / Assets 16.64 16.10 17.14 16.57 N/A N/A 17.10 N/A N/A
Total Shares, Dep. & Borrs / Earning Assets 93.67 93.66 93.66 93.37 N/A N/A 93.16 N/A N/A
Reg Shares + Share Drafts / Total Shares & Borrs 37.57 38.10 39.75 39.87 N/A N/A 40.33 N/A N/A
Borrowings / Total Shares & Net Worth 3.17 3.22 2.85 2.74 N/A N/A 2.75 N/A N/A
PRODUCTIVITY
Members / Potential Members 6.27 6.14 6.05 6.04 N/A N/A 6.00 N/A N/A
Borrowers / Members 49.74 50.07 49.14 49.43 N/A N/A 49.48 N/A N/A
Members / Full-Time Employees 388.17 384.55 386.56 385.68 N/A N/A 389.06 N/A N/A
Avg. Shares Per Member $8,595 $8,691 $8,946 $8,927 N/A N/A $8,959 N/A N/A
Avg. Loan Balance $12,563 $12,463 $12,557 $12,541 N/A N/A $12,535 N/A N/A
* Salary And Benefits / Full-Time Empl. $59,262 $59,463 $61,027 $60,579 N/A N/A $60,935 N/A N/A
OTHER RATIOS
* Net Worth Growth 4.56 5.10 7.37 7.74 N/A N/A 6.63 N/A N/A
* Market (Share) Growth 4.83 4.48 12.86 6.56 N/A N/A 5.56 N/A N/A
* Loan Growth -1.27 -1.35 -3.41 -0.24 N/A N/A 0.57 N/A N/A
* Asset Growth 3.50 3.36 10.90 6.15 N/A N/A 5.37 N/A N/A
* Investment Growth 12.27 12.95 38.08 17.89 N/A N/A 14.88 N/A N/A
* Membership Growth 1.27 0.67 1.08 1.10 N/A N/A 1.40 N/A N/A
* Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing)
**Percentile Rankings and Peer Average Ratios are produced once a quarter after the data collection is complete.
Subsequent corrections to data after this date are not reflected in the Percentile Rank or the Peer Average Ratios until the next cycle.
Percentile Rankings show where the credit union stands in relation to its peers in key areas of performance. To arrive at the percentile ranking, all data for all credit unions in a peer
group are arranged in order from highest (100) to lowest (0) value. The percentile ranking assigned to the credit union is a measure of the relative standing of that ratio in the entire
range of ratios. A high or low ranking does not imply good or bad performance. However, when reviewed in relation to other available data, users may draw conclusions as to the
importance of the percentile rank to the credit union's financial performance.
1
For periods before 2004, the Fixed Assets & Foreclosed and Repossessed assets did not include repossessed vehicles.
2
Prior to September 2010, this ratio was named Return on Assets Prior to NCUSIF Stabilization Income/Expense.
2. Ratios
From December 2010 forward, NCUSIF Premium Expense is also excluded from ROA.
Supplemental Ratio Analysis
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011
OTHER DELINQUENCY RATIOS
Credit Cards DQ > 2 Mo / Total Credit Card Loans 1.64 1.54 1.35 1.18 1.18
All Other Loans Delinquent > 2 Mo / Total All Other Loans 1.32 1.31 1.11 1.07 1.06
Leases Receivable Delinquent > 2 Mo / Total Leases Receivable 0.47 0.33 0.41 0.36 0.19
Modified Consumer Lns Not Secured by RE > 2 Mo / Modified Consumer Lns Not Secured by RE 12.66 11.86 11.37 10.53 10.69
Indirect Loans Delinquent > 2 Mo / Total Indirect Loans 1.14 1.17 0.93 0.88 0.92
Participation Loans Delinquent > 2 Mo / Total Participation Loans 4.06 3.93 3.82 3.63 4.01
Business Loans Delinquent > 1 Mo / Total Business Loans Less Unfund Comm 6.04 5.71 5.56 4.98 5.13
Business Loans Delinquent > 2 Mo / Total Business Loans Less Unfund Comm 4.30 4.04 3.90 3.74 3.84
Modified Business Lns Not Secured by RE > 2 Mo / Modified Business Lns Not Secured by RE 19.09 12.64 14.26 19.37 17.23
REAL ESTATE LOAN DELINQUENCY
1st Mortgage Fixed and Hybrid/Balloon (> 5 years) Delinquent > 2 Mo
/ Total 1st Mtg Fixed and Hybrid/Balloon > 5 years 1.86 1.88 1.76 1.72 1.76
1st Mortgage Adjustable Rate and Hybrid/Balloon ( 2 Mo
/ Total 1st Mtg Adjustable Rate and Hybrid/Balloon 2 Mo
/ Total Other RE Fixed/Hybrid/Balloon Loans 1.89 1.86 1.70 1.68 1.71
Other Real Estate Adjustable Rate Loans Delinquent > 2 Mo / Total Other RE Adjustable Rate Loans 1.22 1.26 1.18 1.16 1.14
Interest Only and Payment Option First Mortgage Loans Delinquent > 2 Mo
/ Total Int Only and Pmt Opt First Mtg Loans 8.27 7.52 6.89 6.20 7.01
Total Modified 1st and Other RE > 2 Mo Del / Total Modified 1st and Other RE 19.95 20.60 20.02 19.18 17.99
Modified RE Lns also Reported as Business Loans > 2 Mo Del
/ Total Modified RE Lns also Reported as Business Loans 25.51 24.76 22.84 24.65 23.36
Total Real Estate Loans DQ > 1 Mo / Total Real Estate Loans 3.24 3.40 3.18 2.98 3.02
Total Real Estate Loans DQ > 2 Mo / Total Real Estate Loans 2.07 2.10 2.03 1.99 2.01
MISCELLANEOUS LOAN LOSS RATIOS
Charge Offs Due To Bankruptcy (YTD) / Total Charge Offs (YTD) 23.74 23.71 23.23 24.09 23.96
* Net Charge Offs - Credit Cards / Avg Credit Card Loans 4.30 4.16 3.56 3.35 3.15
* Net Charge Offs - All Other Loans / Avg All Other Loans 1.33 1.33 1.12 1.02 0.98
* Net Charge Offs - Total Real Estate Loans / Avg Total Real Estate Loans 0.63 0.64 0.62 0.62 0.61
* Net Charge Offs - 1st Mortgage Loans / Avg 1st Mortgage Loans 0.35 0.36 0.39 0.39 0.39
* Net Charge Offs - Other RE Loans/ Avg Other RE Loans 1.31 1.33 1.23 1.23 1.20
* Net Charge Offs - Interest Only and Payment Option First Mortgage Loans
/ Avg Interest Only and Payment Option First Mortgage Loans 1.30 1.50 2.49 2.33 1.86
* Net Charge Offs - Leases Receivable / Avg Leases Receivable 1.61 2.04 0.91 0.89 0.63
* Net Charge Offs - Indirect Loans / Avg Indirect Loans 1.22 1.19 0.97 0.90 0.83
* Net Charge Offs - Participation Loans / Avg Participation Loans 1.02 1.18 1.75 1.40 1.32
* Net Charge Offs - Member Business Loans / Avg Member Business Loans 0.69 0.81 1.18 0.91 0.85
SPECIALIZED LENDING RATIOS
Indirect Loans Outstanding / Total Loans 12.82 12.66 12.57 12.48 12.46
Participation Loans Outstanding / Total Loans 2.22 2.20 2.21 2.27 2.25
Participation Loans Purchased YTD / Total Loans Granted YTD 1.00 0.95 1.14 1.50 1.44
* Participation Loans Sold YTD / Total Assets 0.18 0.21 0.22 0.32 0.29
Total Business Loans (NMBLB) Less Unfunded Commitments / Total Assets 3.88 3.89 3.80 3.85 3.85
Loans Purchased From Other Financial Institutions and Other Sources YTD / Loans Granted YTD 0.72 0.74 0.71 0.63 0.71
REAL ESTATE LENDING RATIOS
Total Fixed Rate Real Estate / Total Assets 21.53 21.38 20.86 20.85 20.66
Total Fixed Rate Real Estate / Total Loans 34.48 34.62 35.00 34.84 34.64
Total Fixed Rate RE Granted YTD / Total Loans Granted YTD 28.58 31.46 27.35 24.52 25.37
First Mtg RE Loans Sold YTD/ First Mtg RE Loans Granted YTD 49.59 51.88 50.69 44.75 44.76
Interest Only & Payment Option First Mortgages / Total Assets 0.67 0.65 0.60 0.57 0.54
Interest Only & Payment Option First Mortgages / Net Worth 6.74 6.50 6.04 5.62 5.28
MISCELLANEOUS RATIOS
Mortgage Servicing Rights / Net Worth 0.77 0.87 0.89 0.87 0.82
Unused Commitments / Cash & ST Investments 93.37 94.69 88.43 91.51 88.72
* Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing)
**Percentile Rankings and Peer Average Ratios are not calculated for Supplemental Ratios.
# Means the number is too large to display in the cell
3. SuppRatios
Assets
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
ASSETS
CASH:
Cash On Hand 7,894,595,200 7,666,095,747 -2.9 7,959,277,106 3.8 8,173,913,588 2.7 7,450,986,055 -8.8
Cash On Deposit 62,963,485,111 60,646,573,453 -3.7 73,463,032,587 21.1 70,397,269,651 -4.2 77,485,321,607 10.1
Cash Equivalents 6,359,471,828 6,115,291,580 -3.8 7,550,313,068 23.5 6,757,763,594 -10.5 6,554,575,424 -3.0
TOTAL CASH & EQUIVALENTS 77,217,552,139 74,427,960,780 -3.6 88,972,622,761 19.5 85,328,946,833 -4.1 91,490,883,086 7.2
INVESTMENTS:
Trading Securities 887,891,706 953,534,441 7.4 1,043,098,132 9.4 1,146,843,372 9.9 1,152,225,632 0.5
Available for Sale Securities 115,919,460,895 129,756,139,168 11.9 140,940,062,753 8.6 144,156,199,286 2.3 147,397,546,351 2.2
Held-to-Maturity Securities 38,840,050,066 42,535,024,615 9.5 47,439,427,301 11.5 48,431,467,405 2.1 47,619,822,944 -1.7
Deposits in Commercial Banks, S&Ls, Savings Banks 42,073,746,785 42,109,142,150 0.1 43,107,203,816 2.4 43,506,813,053 0.9 43,297,578,378 -0.5
Loans to, Deposits in, and Investments in Natural
Person Credit Unions2 1,998,194,835 2,125,247,209 6.4 2,161,620,916 1.7 2,202,679,867 1.9 2,187,586,073 -0.7
Total MCSD/Nonperpetual Contributed Capital and
PIC/Perpetual Contributed Capital 1,048,642,965 1,058,410,647 0.9 1,100,391,287 4.0 1,230,869,953 11.9 1,440,987,687 17.1
All Other Investments in Corporate Cus 21,073,493,924 16,007,480,011 -24.0 13,358,534,356 -16.5 10,426,762,389 -21.9 7,620,806,970 -26.9
2
All Other Investments 4,429,839,427 4,378,623,195 -1.2 4,574,592,105 4.5 4,697,082,367 2.7 4,994,951,778 6.3
TOTAL INVESTMENTS 226,271,320,603 238,923,601,436 5.6 253,724,930,666 6.2 255,798,717,692 0.8 255,711,505,813 0.0
LOANS HELD FOR SALE 2,979,027,407 3,211,898,813 7.8 1,240,962,920 -61.4 1,661,443,806 33.9 2,748,064,764 65.4
LOANS AND LEASES:
Unsecured Credit Card Loans 34,871,661,678 35,944,876,308 3.1 34,515,110,105 -4.0 35,244,679,699 2.1 35,840,255,535 1.7
All Other Unsecured Loans/Lines of Credit 25,402,539,518 25,468,688,393 0.3 24,197,261,444 -5.0 24,553,051,444 1.5 25,067,748,307 2.1
Short-Term, Small Amount Loans (STS) (FCUs only) N/A 13,651,501 9,167,343 -32.8 13,776,435 50.3 13,539,310 -1.7
Non-Federally Guaranteed Student Loans N/A N/A 1,072,240,032 1,109,147,713 3.4 1,336,791,399 20.5
New Vehicle Loans 65,584,003,832 62,884,872,183 -4.1 60,577,200,465 -3.7 59,494,331,144 -1.8 58,535,947,498 -1.6
Used Vehicle Loans 101,332,155,443 101,535,277,058 0.2 101,452,793,001 -0.1 103,581,444,733 2.1 105,676,143,337 2.0
1st Mortgage Real Estate Loans/Lines of Credit 221,472,875,877 223,229,511,690 0.8 225,279,577,480 0.9 227,308,472,004 0.9 229,128,675,927 0.8
Other Real Estate Loans/Lines of Credit 88,714,641,961 86,364,810,519 -2.6 84,254,237,590 -2.4 83,248,643,177 -1.2 82,167,301,671 -1.3
Leases Receivable 472,866,968 452,254,355 -4.4 448,697,790 -0.8 445,623,531 -0.7 443,813,768 -0.4
Total All Other Loans/Lines of Credit 29,140,066,456 28,814,007,424 -1.1 28,084,397,153 -2.5 29,025,902,423 3.4 28,909,992,823 -0.4
TOTAL LOANS 566,990,811,733 564,707,949,431 -0.4 559,890,682,403 -0.9 564,025,072,303 0.7 567,120,209,575 0.5
(ALLOWANCE FOR LOAN & LEASE LOSSES) (9,290,998,264) (9,423,133,250) 1.4 (9,207,234,281) -2.3 (9,081,112,344) -1.4 (9,011,240,477) -0.8
Foreclosed Real Estate 1,523,522,868 1,613,373,533 5.9 1,684,227,801 4.4 1,677,038,866 -0.4 1,642,285,980 -2.1
Repossessed Autos 223,107,937 209,481,685 -6.1 184,015,530 -12.2 171,510,411 -6.8 168,590,421 -1.7
Foreclosed and Repossessed Other Assets 35,253,824 33,496,857 -5.0 32,369,734 -3.4 25,876,208 -20.1 28,393,447 9.7
1
TOTAL FORECLOSED and REPOSSESSED ASSETS 1,781,884,629 1,856,352,075 4.2 1,900,613,065 2.4 1,874,425,485 -1.4 1,839,269,848 -1.9
Land and Building 16,607,905,939 16,779,031,976 1.0 16,856,153,372 0.5 16,981,362,693 0.7 17,070,974,633 0.5
Other Fixed Assets 3,358,478,265 3,353,607,314 -0.1 3,294,332,265 -1.8 3,307,994,958 0.4 3,315,270,510 0.2
NCUA Share Insurance Capitalization Deposit 7,260,015,807 7,469,342,334 2.9 7,466,228,698 0.0 7,552,972,426 1.2 7,791,433,532 3.2
Identifiable Intangible Assets 188,016,325 207,253,250 10.2 204,835,059 -1.2 205,862,202 0.5 200,307,162 -2.7
Goodwill 446,325,699 510,653,547 14.4 561,930,067 10.0 628,113,844 11.8 642,744,866 2.3
TOTAL INTANGIBLE ASSETS 634,342,024 717,906,797 13.2 766,765,126 6.8 833,976,046 8.8 843,052,028 1.1
Accrued Interest on Loans 2,062,074,679 2,019,326,613 -2.1 1,962,681,454 -2.8 1,961,057,357 -0.1 1,877,981,626 -4.2
Accrued Interest on Investments 903,396,207 893,841,719 -1.1 961,894,421 7.6 929,822,848 -3.3 914,084,088 -1.7
All Other Assets 11,082,163,179 9,415,677,435 -15.0 11,437,612,156 21.5 11,299,070,770 -1.2 9,438,275,861 -16.5
TOTAL OTHER ASSETS 14,047,634,065 12,328,845,767 -12.2 14,362,188,031 16.5 14,189,950,975 -1.2 12,230,341,575 -13.8
TOTAL ASSETS 907,857,974,347 914,353,363,473 0.7 939,268,245,026 2.7 942,473,750,873 0.3 951,149,764,887 0.9
TOTAL CU's 7,402 7,339 -0.9 7,292 -0.6 7,239 -0.7 7,179 -0.8
1
OTHER RE OWNED PRIOR TO 2004
2
LOANS TO, DEPOSITS IN, AND INVESTMENTS IN NATURAL PERSON CUs INCLUDED IN ALL OTHER INVESTMENTS PRIOR TO JUNE 2006 FOR SHORT FORM FILERS
4. Assets
Liabilities, Shares & Equity
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
LIABILITIES, SHARES AND EQUITY
LIABILITIES:
Uninsured Secondary Capital 157,105,128 155,865,823 -0.8 155,726,505 -0.1 167,951,999 7.9 167,494,685 -0.3
Other Borrowings N/A N/A N/A N/A N/A
Other Notes, Promissory Notes, Interest Payable, &
Draws Against Lines of Credit 27,401,661,103 28,108,611,119 2.6 25,568,554,281 -9.0 24,597,688,634 -3.8 24,926,694,180 1.3
Borrowing Repurchase Transactions 582,439,518 528,389,543 -9.3 536,668,541 1.6 545,622,725 1.7 559,936,871 2.6
Subordinated Debt 3,297,410 3,650,424 10.7 3,561,200 -2.4 3,913,200 9.9 4,394,449 12.3
Accrued Dividends and Interest Payable 357,955,428 373,034,583 4.2 302,177,509 -19.0 286,341,922 -5.2 274,965,891 -4.0
Accounts Payable & Other Liabilities 8,692,803,930 7,684,440,554 -11.6 8,378,924,744 9.0 8,991,544,160 7.3 8,855,874,077 -1.5
TOTAL LIABILITIES 37,195,262,517 36,853,992,046 -0.9 34,945,612,780 -5.2 34,593,062,640 -1.0 34,789,360,153 0.6
SHARES AND DEPOSITS
Share Drafts 86,539,493,543 89,882,945,964 3.9 96,298,313,338 7.1 94,627,117,088 -1.7 99,470,164,015 5.1
Regular Shares 216,866,821,450 220,513,597,522 1.7 236,583,406,703 7.3 239,113,277,886 1.1 241,041,852,257 0.8
Money Market Shares 172,979,429,165 175,767,250,880 1.6 182,000,090,935 3.5 184,071,618,163 1.1 185,136,948,020 0.6
Share Certificates 216,173,208,813 213,417,084,731 -1.3 209,483,434,905 -1.8 206,442,477,164 -1.5 204,704,810,500 -0.8
IRA/KEOGH Accounts 76,352,341,360 76,405,022,194 0.1 76,693,073,448 0.4 77,066,940,245 0.5 77,484,781,697 0.5
All Other Shares1 8,519,799,349 7,996,172,018 -6.1 8,370,312,085 4.7 8,644,240,197 3.3 9,147,375,612 5.8
Non-Member Deposits 2,481,116,020 2,421,401,429 -2.4 2,254,071,483 -6.9 2,241,508,651 -0.6 2,211,612,899 -1.3
TOTAL SHARES AND DEPOSITS 779,912,209,700 786,403,474,738 0.8 811,682,702,897 3.2 812,207,179,394 0.1 819,197,545,000 0.9
EQUITY:
Undivided Earnings 60,980,616,481 62,745,943,846 2.9 63,580,386,812 1.3 64,428,065,083 1.3 64,985,427,263 0.9
Regular Reserves 19,056,594,966 19,124,697,944 0.4 19,026,456,951 -0.5 19,092,173,890 0.3 19,102,911,957 0.1
Appropriation For Non-Conforming Investments
(SCU Only) 30,143,444 29,835,114 -1.0 27,388,828 -8.2 27,406,425 0.1 27,288,807 -0.4
Other Reserves 9,372,806,623 9,537,733,450 1.8 9,821,646,605 3.0 10,210,840,156 4.0 10,306,989,133 0.9
Equity Acquired in Merger 325,569,176 369,451,355 13.5 685,774,043 85.6 727,520,824 6.1 781,014,620 7.4
Miscellaneous Equity 30,415,919 18,272,740 -39.9 20,441,569 11.9 19,096,912 -6.6 19,315,495 1.1
Accumulated Unrealized G/L on AFS Securities 1,729,506,472 623,965,597 -63.9 407,306,762 -34.7 1,566,776,018 284.7 2,092,904,935 33.6
Accumulated Unrealized Losses for OTTI
(due to other factors) on HTM Debt Securities -30,080,136 -27,310,316 9.2 -24,131,521 11.6 -20,594,447 14.7 -25,542,579 -24.0
Accumulated Unrealized G/L on Cash Flow Hedges -51,270,091 -28,486,471 44.4 -24,973,968 12.3 -31,680,981 -26.9 -46,672,479 -47.3
Other Comprehensive Income -1,296,267,964 -1,298,206,570 -0.1 -1,297,202,863 0.1 -1,263,668,111 2.6 -1,270,999,083 -0.6
Net Income 602,467,240 0 -100.0 416,836,131 N/A 917,573,070 120.1 1,190,221,665 29.7
EQUITY TOTAL 90,750,502,130 91,095,896,689 0.4 92,639,929,349 1.7 95,673,508,839 3.3 97,162,859,734 1.6
TOTAL SHARES & EQUITY 870,662,711,830 877,499,371,427 0.8 904,322,632,246 3.1 907,880,688,233 0.4 916,360,404,734 0.9
TOTAL LIABILITIES, SHARES, & EQUITY 907,857,974,347 914,353,363,473 0.7 939,268,245,026 2.7 942,473,750,873 0.3 951,149,764,887 0.9
NCUA INSURED SAVINGS2
Uninsured Shares 29,359,969,789 30,000,782,828 2.2 31,100,528,290 3.7 31,254,674,896 0.5 32,444,750,434 3.8
Uninsured Non-Member Deposits 586,137,132 450,515,220 -23.1 287,578,858 -36.2 287,036,461 -0.2 261,925,985 -8.7
Total Uninsured Shares & Deposits 29,946,106,921 30,451,298,048 1.7 31,388,107,148 3.1 31,541,711,357 0.5 32,706,676,419 3.7
Insured Shares & Deposits 749,966,102,779 755,952,176,690 0.8 780,294,595,749 3.2 780,665,468,037 0.0 786,490,868,581 0.7
TOTAL NET WORTH 90,547,432,493 92,014,694,397 1.6 93,708,970,595 1.8 95,575,593,871 2.0 96,590,529,130 1.1
# Means the number is too large to display in the cell
1
PRIOR TO JUNE 2006, INCLUDED MONEY MKT, SHARE CERTS, IRA/KEOGHs, AND NONMEMBER SHARES FOR SHORT FORM FILERS
2
PRIOR TO 10/03/08 SHARES INSURED UP TO $100,000; 10/03/08 to 05/20/09 SHARES INSURED UP TO $100,000 and $250,000 FOR IRAS; 5/20/09 AND FORWARD SHARES INSURED UP TO $250,000
5. LiabShEquity
Income Statement
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
* INCOME AND EXPENSE
INTEREST INCOME:
Interest on Loans 26,007,827,436 34,509,513,738 -0.5 8,269,296,918 -4.2 16,467,574,317 -0.4 24,665,250,953 -0.1
Less Interest Refund (7,583,515) (39,900,014) 294.6 (2,388,719) -76.1 (4,782,033) 0.1 (7,139,395) -0.5
Income from Investments 4,309,948,385 5,621,188,868 -2.2 1,316,708,138 -6.3 2,702,075,626 2.6 3,997,216,434 -1.4
Income from Trading 6,054,937 5,299,357 -34.4 2,988,797 125.6 9,006,616 50.7 8,431,466 -37.6
TOTAL INTEREST INCOME 30,316,247,243 40,096,101,949 -0.8 9,586,605,134 -4.4 19,173,874,526 0.0 28,663,759,458 -0.3
INTEREST EXPENSE:
Dividends 6,626,326,870 8,609,513,802 -2.6 1,790,617,579 -16.8 3,518,760,702 -1.7 5,171,435,152 -2.0
Interest on Deposits 962,741,532 1,244,698,510 -3.0 255,292,580 -18.0 494,300,055 -3.2 734,968,065 -0.9
Interest on Borrowed Money 785,744,918 1,032,113,276 -1.5 229,169,232 -11.2 460,071,213 0.4 685,002,802 -0.7
TOTAL INTEREST EXPENSE 8,374,813,320 10,886,325,588 -2.5 2,275,079,391 -16.4 4,473,131,970 -1.7 6,591,406,019 -1.8
PROVISION FOR LOAN & LEASE LOSSES 5,264,430,349 7,034,779,464 0.2 1,224,270,117 -30.4 2,375,455,058 -3.0 3,510,505,830 -1.5
NET INTEREST INCOME AFTER PLL 16,677,003,574 22,174,996,897 -0.3 6,087,255,626 9.8 12,325,287,498 1.2 18,561,847,609 0.4
NON-INTEREST INCOME:
Fee Income 5,235,150,899 7,035,761,922 0.8 1,627,071,578 -7.5 3,314,278,160 1.8 5,139,229,595 3.4
Other Operating Income 3,490,930,999 4,930,082,666 5.9 1,213,374,939 -1.6 2,488,956,768 2.6 3,777,623,033 1.2
Gain (Loss) on Investments 24,291,822 -2,765,380 -108.5 25,945,046 3,852.8 66,270,432 27.7 189,932,044 91.1
Gain (Loss) on Disposition of Assets -50,430,432 -97,835,385 -45.5 -17,823,090 27.1 -38,830,478 -8.9 -77,699,711 -33.4
Gain from Bargain Purchase (Merger) 18,713,788 39,512,769 58.4 14,717,311 49.0 18,423,669 -37.4 21,100,897 -23.6
Other Non-Oper Income/(Expense) 18,687,037 70,112,352 181.4 10,300,955 -41.2 14,552,095 -29.4 42,982,941 96.9
NCUSIF Stabilization Income 2,612,402 1,011,452 -71.0 0 -100.0 0 N/A 0 N/A
TOTAL NON-INTEREST INCOME 8,739,956,515 11,975,880,396 2.8 2,873,586,739 -4.0 5,863,650,646 2.0 9,093,168,799 3.4
NON-INTEREST EXPENSE
Total Employee Compensation & Benefits 10,389,818,478 13,992,168,064 1.0 3,580,982,212 2.4 7,145,459,518 -0.2 10,741,029,945 0.2
Travel, Conference Expense 187,603,013 252,147,068 0.8 61,252,696 -2.8 133,547,948 9.0 203,501,155 1.6
Office Occupancy 1,598,642,607 2,132,982,339 0.1 552,677,446 3.6 1,091,089,701 -1.3 1,645,995,205 0.6
Office Operation Expense 3,976,616,984 5,319,530,855 0.3 1,337,449,084 0.6 2,692,830,818 0.7 4,043,181,129 0.1
Educational and Promotion 697,133,593 953,010,811 2.5 221,771,723 -6.9 476,538,403 7.4 733,773,928 2.7
Loan Servicing Expense 1,347,319,310 1,821,581,530 1.4 470,596,040 3.3 947,528,708 0.7 1,457,519,565 2.5
Professional, Outside Service 1,577,578,797 2,147,554,694 2.1 543,627,496 1.3 1,104,894,635 1.6 1,679,750,807 1.4
Member Insurance 1 864,381,361 N/A N/A N/A N/A
Member Insurance - NCUSIF Premium 2 N/A 972,711,682 61,178,163 -74.8 122,444,140 0.1 199,179,950 8.4
Member Insurance - Temporary Corporate
CU Stabilization Fund 3 1,093,113,078 1,002,952,686 -31.2 125,938,324 -49.8 273,280,711 8.5 1,648,237,187 302.1
Member Insurance - Other N/A 102,147,927 61,979,908 142.7 121,328,562 -2.1 54,106,412 -70.3
Operating Fees 111,994,431 145,730,523 -2.4 37,145,846 2.0 74,573,033 0.4 108,993,144 -2.6
Misc Operating Expense 552,184,664 755,080,601 2.6 210,464,745 11.5 434,851,967 3.3 530,511,852 -18.7
TOTAL NON-INTEREST EXPENSE 22,396,386,316 29,597,598,780 -0.9 7,265,063,683 -1.8 14,618,368,144 0.6 23,045,780,279 5.1
NET INCOME (LOSS) EXCLUDING STABILIZATION
EXPENSE AND NCUSIF PREMIUMS */4 4,113,686,851 6,527,931,429 19.0 1,882,895,169 15.4 3,966,294,851 5.3 6,456,653,266 8.5
NET INCOME (LOSS) 3,020,573,773 4,553,278,513 13.1 1,695,778,682 49.0 3,570,570,000 5.3 4,609,236,129 -13.9
RESERVE TRANSFERS:
Transfer to Regular Reserve 255,020,107 381,690,469 12.3 78,754,408 -17.5 155,912,365 -1.0 204,836,242 -12.4
* All Income/Expense amounts are year-to-date while the related % change ratios are annualized.
# Means the number is too large to display in the cell
1
From September 2009 to December 2010, this account includes NCUSIF Premium Expense.
2
For December 2010 forward, this account includes only NCUSIF Premium Expense. 6. IncExp
3
From March 2009 to June 2009, this account was named NCUSIF Stabilization Expense and included the NCUSIF Premium Expense. For September 2009 and forward,
this account only includes only the Temporary Corporate CU Stabilization Expense (see footnotes 1 & 2).
4
Prior to September 2010, this account was named Net Income (Loss) Before NCUSIF Stabilization Expense. From December 2010 forward, NCUSIF Stabilization Income, if any, is excluded.
Delinquent Loan Information
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
DELINQUENCY SUMMARY - ALL LOAN TYPES
1 to 2 Mo / Total Credit Card Loans 1.64 1.54 -6.1 1.35 -12.5 1.18 -12.4 1.18 0.4
1st Mortgage Fixed Rate and Hybrid/Balloon > 5 years
1 to 5yrs
(2 or more Mo) 2,844,617,947 2,907,494,236 2.2 2,746,352,920 -5.5 2,711,474,199 -1.3 2,802,721,676 3.4
%1st Mortgage Fixed and Hybrid/Balloon (> 5 yrs)
Delinquent > 2 Mo / Total 1st Mtg Fixed and
Hybrid/Balloons > 5 yrs 1.86 1.88 0.9 1.76 -6.7 1.72 -2.2 1.76 2.7
1st Mortgage Adjustable Rate Loans and
Hybrid/Ballons 2 Mo / Total 1st Mortgage Adjustable
Rate Loans and Hybrids/Balloons 2 Mo / Total Other RE
Fixed/Hybrid/Balloon Loans 1.89 1.86 -1.7 1.70 -8.4 1.68 -1.6 1.71 2.0
Other Real Estate Adjustable Rate
1 to 2 Mo
/ Total Other RE Adjustable Rate Loans 1.22 1.26 3.3 1.18 -6.5 1.16 -1.9 1.14 -1.2
Leases Receivable
1 to 2 Mo
/ Total Leases Receivable 0.47 0.33 -29.0 0.41 24.0 0.36 -12.3 0.19 -46.8
All Other Loans
1 to 2 Mo / Total All Other Loans 1.32 1.31 -0.7 1.11 -15.2 1.07 -4.0 1.06 -0.3
# Means the number is too large to display in the cell
7. Delinquent Loan Information
Loan Losses & Bankruptcy Information, and Loan Modifications
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
LOAN LOSS SUMMARY (TOTAL FOR ALL LOAN TYPES)
* Total Loans Charged Off 5,454,177,048 7,236,823,032 -0.5 1,612,109,635 -10.9 3,103,021,069 -3.8 4,509,867,450 -3.1
* Total Loans Recovered 624,042,712 824,123,413 -1.0 212,620,678 3.2 424,809,132 -0.1 631,629,121 -0.9
* NET CHARGE OFFS ($$) 4,830,134,336 6,412,699,619 -0.4 1,399,488,957 -12.7 2,678,211,937 -4.3 3,878,238,329 -3.5
**%Net Charge-Offs / Average Loans 1.13 1.13 -0.2 1.00 -11.7 0.95 -4.7 0.91 -3.7
Total Del Loans & *Net Charge-Offs 14,746,412,711 16,335,074,133 10.8 10,532,702,456 -35.5 11,589,428,549 10.0 12,891,774,755 11.2
Combined Delinquency and Net Charge Off Ratio 2.88 2.88 0.2 2.63 -8.9 2.53 -3.7 2.50 -1.0
LOAN LOSS SUMMARY BY LOAN TYPE
* Unsecured Credit Card Lns Charged Off 1,196,875,864 1,569,398,602 -1.7 341,598,915 -12.9 655,478,498 -4.1 936,253,023 -4.8
* Unsecured Credit Card Lns Recovered 71,816,692 96,513,344 0.8 27,800,102 15.2 58,487,485 5.2 88,929,490 1.4
* NET UNSECURED CREDIT CARD C/Os 1,125,059,172 1,472,885,258 -1.8 313,798,813 -14.8 596,991,013 -4.9 847,323,533 -5.4
**Net Charge Offs - Credit Cards / Avg Credit Card Loans 4.30 4.16 -3.3 3.56 -14.4 3.35 -5.9 3.15 -6.2
* All Other Loans Charged Off 2,736,293,088 3,602,009,265 -1.3 769,051,363 -14.6 1,432,843,242 -6.8 2,081,829,885 -3.1
* All Other Loans Recovered 494,366,322 645,885,727 -2.0 163,116,451 1.0 316,790,953 -2.9 469,896,065 -1.1
* NET ALL OTHER LOAN C/Os 2,241,926,766 2,956,123,538 -1.1 605,934,912 -18.0 1,116,052,289 -7.9 1,611,933,820 -3.7
** Net Charge Offs - All Other Loans / Avg All Other Loans 1.33 1.33 -0.5 1.12 -15.7 1.02 -8.4 0.98 -4.1
* Total 1st Mortgage RE Loan/LOCs Charged Off 595,013,680 821,816,351 3.6 227,040,983 10.5 467,789,151 3.0 696,357,969 -0.8
* Total 1st Mortgage RE Loans/LOCs Recovered 26,318,535 37,437,537 6.7 9,657,532 3.2 25,125,425 30.1 35,223,940 -6.5
* NET 1st MORTGAGE RE LOANS/LOCs C/Os 568,695,145 784,378,814 3.4 217,383,451 10.9 442,663,726 1.8 661,134,029 -0.4
** Net Charge Offs - 1st Mortgage RE Loans/LOCs
/ Avg 1st Mortgage RE Loans/LOCs 0.35 0.36 3.0 0.39 8.9 0.39 1.4 0.39 -0.8
* Total Other RE Loans/LOCs Charged Off 918,264,182 1,231,203,690 0.6 273,099,010 -11.3 544,190,399 -0.4 792,242,420 -2.9
* Total Other RE Loans/LOCs Recovered 30,310,466 42,635,622 5.5 11,746,773 10.2 23,683,217 0.8 36,514,046 2.8
* NET OTHER RE LOANS/LOCs C/Os 887,953,716 1,188,568,068 0.4 261,352,237 -12.0 520,507,182 -0.4 755,728,374 -3.2
**Net Charge Offs - Other RE Loans/LOCs / Avg Other RE Loans/LOCs 1.31 1.33 1.7 1.23 -7.9 1.23 0.2 1.20 -2.6
* Total Real Estate Loans Charged Off 1,513,277,862 2,053,020,041 1.8 500,139,993 -2.6 1,011,979,550 1.2 1,488,600,389 -1.9
* Total Real Estate Lns Recovered 56,629,001 80,073,159 6.0 21,404,305 6.9 48,808,642 14.0 71,737,986 -2.0
* NET Total Real Estate Loan C/Os 1,456,648,861 1,972,946,882 1.6 478,735,688 -2.9 963,170,908 0.6 1,416,862,403 -1.9
** Net Charge Offs - Total RE Loans / Avg Total RE Loans 0.63 0.64 1.7 0.62 -2.9 0.62 0.4 0.61 -2.0
*Total Modified 1st & Other Real Estate Lns Charged Off 168,338,519 256,033,817 14.1 79,101,891 23.6 146,065,340 -7.7 225,901,295 3.1
*Total Modified 1st and Other Real Estate Lns Recovered 2,862,270 3,623,626 -5.1 821,373 -9.3 1,656,448 0.8 4,303,787 73.2
*NET Modified Real Estate C/Os 165,476,249 252,410,191 14.4 78,280,518 24.1 144,408,892 -7.8 221,597,508 2.3
** Net Charge Offs - Total Modified RE Loans
/ Avg Total Modified RE Loans 3.03 3.38 11.5 3.38 0.0 3.07 -9.3 3.06 -0.3
* Total Leases Receivable Charged Off 7,730,234 12,395,124 20.3 1,319,364 -57.4 2,719,779 3.1 3,184,153 -22.0
* Total Leases Receivable Recovered 1,230,697 1,651,183 0.6 299,820 -27.4 722,052 20.4 1,065,580 -1.6
* NET LEASES RECEIVABLE C/Os 6,499,537 10,743,941 24.0 1,019,544 -62.0 1,997,727 -2.0 2,118,573 -29.3
**Net Charge Offs - Leases Receivable / Avg Leases Receivable 1.61 2.04 26.4 0.91 -55.6 0.89 -1.7 0.63 -29.2
BANKRUPTCY SUMMARY
Number of Members Who Fil ed Chapter 7 YTD 188,544 236,808 25.6 60,494 -74.5 114,129 88.7 156,530 37.2
Number of Members Who Filed Chapter 13 YTD 77,803 95,628 22.9 27,464 -71.3 50,687 84.6 64,793 27.8
Number of Members Who Filed Chapter 11 or Chapter 12 YTD 1,699 1,747 2.8 314 -82.0 685 118.2 795 16.1
Total Number of Members Bankrupt 268,046 334,183 24.7 88,272 -73.6 165,501 87.5 222,118 34.2
Total Loans Outstanding Subject to Bankruptcy (Ch 7,13,11, 12) 4,037,714,390 4,986,869,848 23.5 1,477,658,474 -70.4 2,503,797,607 69.4 3,292,291,233 31.5
* All Loans Charged Off due to Bankruptcy YTD 1,295,031,497 1,715,935,609 -0.6 374,416,404 -12.7 747,430,671 -0.2 1,080,404,768 -3.6
%Charge Offs Due To Bankruptcy (YTD) / Total Charge Offs (YTD) 23.74 23.71 -0.1 23.23 -2.0 24.09 3.7 23.96 -0.5
REAL ESTATE FORECLOSURE SUMMARY
Real Estate Loans Foreclosed YTD N/A N/A 536,808,115 1,045,542,134 94.8 1,535,452,994 46.9
Number of Real Estate Loans Foreclosed YTD N/A N/A 2,969 5,974 101.2 8,879 48.6
LOAN MODIFICATIONS OUTSTANDING
Modified First Mortgage RE Loans 7,375,609,751 7,688,088,751 4.2 8,417,246,757 9.5 8,717,390,997 3.6 9,163,308,455 5.1
Modified Other RE Loans 1,114,539,254 1,181,051,144 6.0 1,243,083,793 5.3 1,257,445,127 1.2 1,299,470,046 3.3
Total Modified First and Other RE Loans 8,490,149,005 8,869,139,895 4.5 9,660,330,550 8.9 9,974,836,124 3.3 10,462,778,501 4.9
Modified RE Loans Also Reported as Business Loans 1,797,215,220 1,924,360,559 7.1 2,051,126,877 6.6 2,029,069,440 -1.1 2,074,175,200 2.2
Modified Consumer Loans (Not Secured by RE) 2,758,742,102 2,842,058,484 3.0 2,822,982,341 -0.7 2,909,370,971 3.1 2,892,750,446 -0.6
Modified Business Loans (Not Secured by RE) 88,861,782 116,725,892 31.4 126,679,187 8.5 125,218,733 -1.2 146,235,560 16.8
TOTAL Modified First RE, Other RE, Consumer, and Business Loans 11,337,752,889 11,827,924,271 4.3 12,609,992,078 6.6 13,009,425,828 3.2 13,501,764,507 3.8
Total Modified Loans to Total Loans 2.00 2.09 4.7 2.25 7.5 2.31 2.4 2.38 3.2
Total Modified Loans to Net Worth 12.52 12.85 2.7 13.46 4.7 13.61 1.2 13.98 2.7
# Means the number is too large to display in the cell
*Amounts are year-to-date while the related %change ratios are annualized.
** Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing) 8. Loan Losses & Bankruptcy Information, and Loan Modifications
Indirect and Participation Lending
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
INDIRECT LOANS OUTSTANDING
Indirect Loans - Point of Sale Arrangement 51,259,309,691 50,639,978,729 -1.2 50,322,055,485 -0.6 50,811,566,241 1.0 51,064,898,464 0.5
Indirect Loans - Outsourced Lending Relationship 21,448,233,959 20,857,071,071 -2.8 20,028,908,822 -4.0 19,589,167,690 -2.2 19,625,915,681 0.2
Total Outstanding Indirect Loans 72,707,543,650 71,497,049,800 -1.7 70,350,964,307 -1.6 70,400,733,931 0.1 70,690,814,145 0.4
%Indirect Loans Outstanding / Total Loans 12.82 12.66 -1.3 12.57 -0.8 12.48 -0.7 12.46 -0.1
DELINQUENCY - INDIRECT LENDING
1 to 2 Mo / Total Indirect Loans 1.14 1.17 2.6 0.93 -20.3 0.88 -5.6 0.92 4.4
LOAN LOSSES - INDIRECT LENDING
* Indirect Loans Charged Off 846,783,254 1,089,372,693 -3.5 217,527,721 -20.1 406,206,189 -6.6 574,185,142 -5.8
* Indirect Loans Recovered 165,540,799 209,691,023 -5.0 44,768,583 -14.6 88,597,221 -1.0 129,907,279 -2.2
* NET INDIRECT LOAN C/Os 681,242,455 879,681,670 -3.2 172,759,138 -21.4 317,608,968 -8.1 444,277,863 -6.7
**%Net Charge Offs - Indirect Loans / Avg Indirect Loans 1.22 1.19 -2.4 0.97 -18.4 0.90 -8.1 0.83 -6.9
PARTICIPATION LOANS OUTSTANDING (Bal of Purchased
+ CU Portion of Part. Lns Interests Retained):
Consumer 1,180,551,760 1,150,899,853 -2.5 1,120,941,732 -2.6 1,396,009,943 24.5 1,382,583,555 -1.0
Non-Federally Guaranteed Student Loans N/A N/A 138,763,516 145,456,589 4.8 172,834,171 18.8
Real Estate 2,867,770,767 2,723,533,192 -5.0 2,591,518,101 -4.8 2,719,407,411 4.9 2,653,119,656 -2.4
Member Business Loans (excluding C&D) 3,197,282,002 3,193,163,066 -0.1 2,932,494,537 -8.2 2,951,356,235 0.6 3,019,668,700 2.3
Non-Member Business Loans (excluding C&D) 4,140,806,726 4,376,714,744 5.7 4,594,834,627 5.0 4,578,518,205 -0.4 4,513,364,213 -1.4
Commercial Construction & Development 414,466,941 365,967,947 -11.7 410,610,602 12.2 457,921,736 11.5 434,035,689 -5.2
Loan Pools 763,519,582 633,799,066 -17.0 576,532,050 -9.0 568,369,032 -1.4 587,917,877 3.4
TOTAL PARTICIPATION LOANS (BALANCE OUTSTANDING) 12,564,397,778 12,444,077,868 -1.0 12,365,695,165 -0.6 12,817,039,151 3.6 12,763,523,861 -0.4
%Participation Loans Outstanding / Total Loans 2.22 2.20 -0.6 2.21 0.2 2.27 2.9 2.25 -1.0
* Participation Loans Purchased YTD 1,793,757,913 2,370,916,319 -0.9 652,967,957 10.2 1,797,418,881 37.6 2,687,851,860 -0.3
%Participation Loans Purchased YTD
/ Total Loans Granted YTD 1.00 0.95 -4.4 1.14 19.4 1.50 31.6 1.44 -3.8
PARTICIPATION LOANS SOLD:
Participation Loan Interests Sold AND/OR Serviced
(Participants' Balance Outstanding ) 7,241,626,641 7,359,031,679 1.6 7,495,033,995 1.8 7,857,080,815 4.8 7,742,098,611 -1.5
Participation Loan Interests - Amount Retained (Outstanding) 2,385,301,604 2,566,949,021 7.6 2,481,273,019 -3.3 2,617,181,524 5.5 2,585,663,278 -1.2
* Participation Loans Sold YTD 1,211,442,696 1,931,877,800 19.6 508,502,460 5.3 1,511,633,984 48.6 2,068,110,121 -8.8
** %Participation Loans Sold YTD / Total Assets 0.18 0.21 18.8 0.22 2.5 0.32 48.1 0.29 -9.6
WHOLE LOANS PURCHASED AND SOLD:
*Loans Purchased in Full from Other Financial Institutions YTD 1,303,613,605 1,839,795,145 5.8 377,266,020 -18.0 585,789,429 -22.4 1,169,641,582 33.1
*Loans Purchased in Full from Other Sources YTD N/A N/A 32,104,002 168,058,135 161.7 152,239,644 -39.6
%Loans Purchased From Financial Institutions & Other
Sources YTD / Loans Granted YTD 0.72 0.74 2.1 0.71 -3.5 0.63 -12.0 0.71 12.7
*Loans, Excluding RE, Sold in Full YTD 400,340,378 473,267,956 -11.3 14,071,268 -88.1 16,823,531 -40.2 16,880,649 -33.1
DELINQUENCY - PARTICIPATION LENDING
1 to 2 Mo
/ Total Participation Loans 4.06 3.93 -3.4 3.82 -2.7 3.63 -5.1 4.01 10.5
LOAN LOSSES - PARTICIPATION LENDING
* Participation Loans Charged Off 102,642,332 156,494,864 14.3 56,594,432 44.7 92,854,465 -18.0 132,209,141 -5.1
* Participation Loans Recovered 7,395,866 10,255,542 4.0 2,437,300 -4.9 4,588,909 -5.9 7,187,010 4.4
* NET PARTICIPATION LOAN C/Os 95,246,466 146,239,322 15.2 54,157,132 48.1 88,265,556 -18.5 125,022,131 -5.6
**%Net Charge Offs - Participation Loans
/ Avg Participation Loans 1.02 1.18 15.7 1.75 48.3 1.40 -20.0 1.32 -5.4
*Amounts are year-to-date while the related %change ratios are annualized.
** Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing)
# Means the number is too large to display in the cell
9. IndirectAndParticipationLns
Real Estate Loan Information 1
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
REAL ESTATE LOANS OUTSTANDING:
First Mortgages
Fixed Rate > 15 years 81,920,410,158 81,609,344,579 -0.4 81,938,250,275 0.4 82,183,221,308 0.3 81,810,873,076 -0.5
Fixed Rate 15 years or less 50,399,798,937 52,530,510,304 4.2 53,643,985,529 2.1 54,348,874,909 1.3 55,658,143,200 2.4
Other Fixed Rate 1,419,534,097 1,460,947,400 2.9 1,424,140,628 -2.5 1,475,351,022 3.6 1,499,871,075 1.7
Total Fixed Rate First Mortgages 133,739,743,192 135,600,802,283 1.4 137,006,376,432 1.0 138,007,447,239 0.7 138,968,887,351 0.7
Balloon/Hybrid > 5 years 18,804,275,303 18,932,709,539 0.7 19,398,417,555 2.5 19,911,136,398 2.6 19,974,405,383 0.3
Balloon/Hybrid 5 years or less 34,469,541,269 34,460,503,457 0.0 34,277,481,540 -0.5 34,457,661,898 0.5 34,472,986,030 0.0
Total Balloon/Hybrid First Mortgages 53,273,816,572 53,393,212,996 0.2 53,675,899,095 0.5 54,368,798,296 1.3 54,447,391,413 0.1
Adjustable Rate First Mtgs 1 year or less 6,962,015,869 6,794,162,893 -2.4 6,618,804,800 -2.6 6,645,199,674 0.4 6,723,289,220 1.2
Adjustable Rate First Mtgs >1 year 27,497,300,244 27,441,333,518 -0.2 27,978,497,153 2.0 28,287,026,795 1.1 28,989,107,943 2.5
Total Adjustable First Mortgages 34,459,316,113 34,235,496,411 -0.6 34,597,301,953 1.1 34,932,226,469 1.0 35,712,397,163 2.2
TOTAL FIRST MORTGAGE RE LOANS OUTSTANDING 221,472,875,877 223,229,511,690 0.8 225,279,577,480 0.9 227,308,472,004 0.9 229,128,675,927 0.8
Other Real Estate Loans
Closed End Fixed Rate 41,152,709,198 39,214,126,671 -4.7 37,799,718,287 -3.6 36,902,797,758 -2.4 35,881,977,996 -2.8
Closed End Adjustable Rate 2,275,050,858 2,204,901,288 -3.1 2,226,008,298 1.0 2,218,542,004 -0.3 2,282,948,284 2.9
Open End Adjustable Rate (HELOC) 43,491,170,666 43,175,465,940 -0.7 42,475,623,398 -1.6 42,454,450,438 0.0 42,356,302,521 -0.2
Open End Fixed Rate 1,795,711,239 1,770,316,620 -1.4 1,752,887,607 -1.0 1,672,852,977 -4.6 1,646,072,870 -1.6
TOTAL OTHER REAL ESTATE OUTSTANDING 88,714,641,961 86,364,810,519 -2.6 84,254,237,590 -2.4 83,248,643,177 -1.2 82,167,301,671 -1.3
TOTAL RE (FIRST AND OTHER) OUTSTANDING 310,187,517,838 309,594,322,209 -0.2 309,533,815,070 0.0 310,557,115,181 0.3 311,295,977,598 0.2
RE LOAN SUMMARY (FIX, ADJ):
First Mortgage Fixed Rate (includes Hybrids/Balloons > 5yrs) 152,544,018,495 154,533,511,822 1.3 156,404,793,987 1.2 157,918,583,637 1.0 158,943,292,734 0.6
Other RE Fixed Rate 42,948,420,437 40,984,443,291 -4.6 39,552,605,894 -3.5 38,575,650,735 -2.5 37,528,050,866 -2.7
Total Fixed Rate RE Outstanding 195,492,438,932 195,517,955,113 0.0 195,957,399,881 0.2 196,494,234,372 0.3 196,471,343,600 0.0
%(Total Fixed Rate RE/Total Assets) 21.53 21.38 -0.7 20.86 -2.4 20.85 -0.1 20.66 -0.9
%(Total Fixed Rate RE/Total Loans) 34.48 34.62 0.4 35.00 1.1 34.84 -0.5 34.64 -0.6
First Mortgage Adj Rate (includes Hybrids/Balloons 15 years 27,870,791,970 42,316,248,312 13.9 7,561,353,763 -28.5 13,914,333,879 -8.0 22,768,127,684 9.1
* Fixed Rate 15 years or less 14,777,546,174 24,107,889,130 22.4 5,705,978,839 -5.3 10,074,900,600 -11.7 16,293,913,686 7.8
* Other Fixed Rate 470,310,431 648,177,080 3.4 132,319,451 -18.3 322,605,813 21.9 499,747,467 3.3
* Total Fixed Rate First Mortgages 43,118,648,575 67,072,314,522 16.7 13,399,652,053 -20.1 24,311,840,292 -9.3 39,561,788,837 8.5
* Balloon/Hybrid > 5 years 2,593,947,156 3,694,626,721 6.8 834,360,351 -9.7 1,940,457,604 16.3 3,046,555,026 4.7
* Balloon/Hybrid 5 years or less 4,482,209,201 6,533,488,273 9.3 1,422,749,484 -12.9 3,257,893,603 14.5 5,119,001,907 4.8
* Total Balloon/Hybrid First Mortgages 7,076,156,357 10,228,114,994 8.4 2,257,109,835 -11.7 5,198,351,207 15.2 8,165,556,933 4.7
* Adjustable Rate First Mtgs 1 year or less 915,546,143 1,199,787,490 -1.7 242,234,999 -19.2 563,902,281 16.4 884,036,945 4.5
* Adjustable Rate First Mtgs >1 year 4,572,826,855 5,921,335,936 -2.9 1,611,421,396 8.9 3,472,712,934 7.8 5,164,992,820 -0.8
* Total Adjustable First Mortgages 5,488,372,998 7,121,123,426 -2.7 1,853,656,395 4.1 4,036,615,215 8.9 6,049,029,765 -0.1
* TOTAL FIRST MORTGAGE RE LOANS GRANTED 55,683,177,930 84,421,552,942 13.7 17,510,418,283 -17.0 33,546,806,714 -4.2 53,776,375,535 6.9
* Amounts are year-to-date while the related %change ratios are annualized.
# Means the number is too large to display in the cell
10. RELoans 1
Real Estate Loan Information 2
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
* OTHER REAL ESTATE (Granted)
* Closed End Fixed Rate 5,315,055,092 6,931,425,771 -2.2 1,330,503,047 -23.2 2,927,267,413 10.0 4,457,718,233 1.5
* Closed End Adjustable Rate 303,195,179 405,585,587 0.3 77,626,510 -23.4 213,828,695 37.7 335,464,904 4.6
* Open End Adjustable Rate (HELOC) 8,659,857,277 11,485,728,028 -0.5 2,261,985,959 -21.2 5,009,331,455 10.7 7,584,722,566 0.9
* Open End Fixed Rate and Other 410,239,237 580,071,892 6.0 126,732,986 -12.6 246,492,436 -2.8 295,971,326 -20.0
* TOTAL OTHER REAL ESTATE GRANTED 14,688,346,785 19,402,811,278 -0.9 3,796,848,502 -21.7 8,396,919,999 10.6 12,673,877,029 0.6
* TOTAL RE (FIRST AND OTHER) GRANTED 70,371,524,715 103,824,364,220 10.7 21,307,266,785 -17.9 41,943,726,713 -1.6 66,450,252,564 5.6
%(Total Fixed Rate RE Granted YTD/Total Loans Granted YTD) 28.58 31.46 10.1 27.35 -13.1 24.52 -10.4 25.37 3.5
RE LOANS SOLD/SERVICED
* First Mortgage R.E. Loans Sold 27,611,027,681 43,800,619,792 19.0 8,875,889,684 -18.9 15,011,493,263 -15.4 24,072,620,781 6.9
%(First Mtg RE Loans Sold/ First Mtg RE Loans Granted) 49.59 51.88 4.6 50.69 -2.3 44.75 -11.7 44.76 0.0
AMT of Mortgage Servicing Rights 698,817,550 797,459,416 14.1 833,978,403 4.6 834,824,056 0.1 793,378,328 -5.0
Outstanding RE Loans Sold But Serviced 102,772,537,910 108,303,645,625 5.4 111,539,578,107 3.0 113,128,618,255 1.4 114,969,334,701 1.6
% (Mortgage Servicing Rights / Net Worth) 0.77 0.87 12.3 0.89 2.7 0.87 -1.9 0.82 -6.0
MISC. RE LOAN INFORMATION
S-Term ( 2 MOS
First Mortgage Fixed Rate (includes Balloon/Hybrids > 5 yrs) 2,844,617,947 2,907,494,236 2.2 2,746,352,920 -5.5 2,711,474,199 -1.3 2,802,721,676 3.4
First Mortgage Adj Rate (includes Balloon/Hybrids 2 MOS 6,418,342,827 6,499,927,726 1.3 6,272,383,114 -3.5 6,170,506,109 -1.6 6,252,373,084 1.3
DELINQUENT 1 TO 1 Mos 10,058,578,621 10,516,409,590 4.6 9,851,571,818 -6.3 9,260,957,643 -6.0 9,407,920,824 1.6
RE LOAN DELINQUENCY RATIOS
% R.E. Loans dq > 1 Mos 3.24 3.40 4.8 3.18 -6.3 2.98 -6.3 3.02 1.3
% R.E. Loans dq > 2 Mos 2.07 2.10 1.5 2.03 -3.5 1.99 -1.9 2.01 1.1
REAL ESTATE LOAN MODIFICATIONS DELINQUENT > 2 MOS
Modified First Mortgage RE Loans > 2 Mo Del 1,467,169,802 1,616,909,054 10.2 1,736,427,762 7.4 1,722,294,186 -0.8 1,698,489,472 -1.4
Modified Other RE Loans > 2 Mo Del 226,210,222 210,490,030 -6.9 197,672,190 -6.1 190,882,208 -3.4 183,385,219 -3.9
Total Modified First and Other RE Loans > 2 Mo Del 1,693,380,024 1,827,399,084 7.9 1,934,099,952 5.8 1,913,176,394 -1.1 1,881,874,691 -1.6
% Total Modified 1st and Other RE > 2 Mo Del
/ Total Modified 1st and Other RE 19.95 20.60 3.3 20.02 -2.8 19.18 -4.2 17.99 -6.2
Modified RE Loans Also Reported as
Business Loans > 2 Mo Del 458,479,011 476,446,173 3.9 468,568,808 -1.7 500,103,955 6.7 484,498,018 -3.1
% Modified RE Lns also Reported as
Business Loans > 2 Mo Del
/ Total Modified RE Lns also Reported as Business Loans 25.51 24.76 -2.9 22.84 -7.7 24.65 7.9 23.36 -5.2
REAL ESTATE LOANS/LOC CHARGE-OFFS AND RECOVERIES:
* Total 1st Mortgage Lns Charged Off 595,013,680 821,816,351 3.6 227,040,983 10.5 467,789,151 3.0 696,357,969 -0.8
* Total 1st Mortgage Lns Recovered 26,318,535 37,437,537 6.7 9,657,532 3.2 25,125,425 30.1 35,223,940 -6.5
* NET 1st MORTGAGE LN C/Os 568,695,145 784,378,814 3.4 217,383,451 10.9 442,663,726 1.8 661,134,029 -0.4
** Net Charge Offs - 1st Mortgage Loans
/ Avg 1st Mortgage Loans 0.35 0.36 3.0 0.39 8.9 0.39 1.4 0.39 -0.8
* Total Other RE Lns Charged Off 918,264,182 1,231,203,690 0.6 273,099,010 -11.3 544,190,399 -0.4 792,242,420 -2.9
* Total Other RE Lns Recovered 30,310,466 42,635,622 5.5 11,746,773 10.2 23,683,217 0.8 36,514,046 2.8
* NET OTHER RE LN C/Os 887,953,716 1,188,568,068 0.4 261,352,237 -12.0 520,507,182 -0.4 755,728,374 -3.2
**Net Charge Offs Other RE Loans / Avg Other RE Loans 1.31 1.33 1.7 1.23 -7.9 1.23 0.2 1.20 -2.6
* Amounts are year-to-date and the related % change ratios are annualized.
** Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing)
# Means the number is too large to display in the cell
11. RELoans 2
Member Business Loan Information
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
BUSINESS LOANS
Member Business Loans (NMBLB) 1 29,992,334,204 30,419,043,244 1.4 30,696,034,024 0.9 31,252,459,203 1.8 31,810,324,211 1.8
Purchased Business Loans or Participations to
Nonmembers (NMBLB) 1 6,749,473,599 6,769,196,646 0.3 6,727,373,673 -0.6 6,709,238,782 -0.3 6,619,304,256 -1.3
Total Business Loans (NMBLB) 1 36,741,807,803 37,188,239,890 1.2 37,423,407,697 0.6 37,961,697,985 1.4 38,429,628,467 1.2
Unfunded Commitments 1 1,550,015,122 1,594,352,685 2.9 1,707,511,956 7.1 1,700,947,274 -0.4 1,786,934,253 5.1
TOTAL BUSINESS LOANS (NMBLB) LESS
UNFUNDED COMMITMENTS 1 35,191,792,681 35,593,887,205 1.1 35,715,895,741 0.3 36,260,750,711 1.5 36,642,694,214 1.1
%(Total Business Loans (NMBLB) Less Unfunded
Commitments/ Total Assets) 1 3.88 3.89 0.4 3.80 -2.3 3.85 1.2 3.85 0.1
NUMBER OF BUSINESS LOANS OUTSTANDING:
Number of Outstanding of Business Loans to Members 147,471 149,448 1.3 152,481 2.0 156,377 2.6 158,008 1.0
Number of Outstanding Purchased Business Loans or
Participation Interests to Nonmembers 16,936 16,553 -2.3 15,141 -8.5 14,580 -3.7 14,525 -0.4
Total Number of Business Loans Outstanding 164,407 166,001 1.0 167,622 1.0 170,957 2.0 172,533 0.9
REAL ESTATE SECURED BUSINESS LOANS (TO MEMBERS & NON-MEMBERS)
Construction and Development N/A N/A 1,572,551,542 1,603,843,532 2.0 1,572,423,526 -2.0
Farmland N/A N/A 698,770,171 718,377,582 2.8 736,728,104 2.6
Non-Farm Residential Property N/A N/A 7,417,333,248 7,275,340,102 -1.9 7,846,153,306 7.8
Owner Occupied, Non-Farm, Non-Residential Property N/A N/A 10,335,932,298 10,547,871,998 2.1 10,168,108,228 -3.6
Non-Owner Occupied, Non-Farm, Non-Residential Property N/A N/A 11,385,262,912 11,686,457,057 2.6 11,844,822,106 1.4
Total Real Estate Secured Business Loans N/A N/A 31,409,850,171 31,831,890,271 1.3 32,168,235,270 1.1
NON-REAL ESTATE SECURED BUSINESS LOANS (TO MEMBERS & NON-
MEMBERS)
Loans to finance agricultural production and other loans to farmers N/A N/A 686,999,489 731,730,756 6.5 768,206,253 5.0
Commercial and Industrial Loans N/A N/A 5,020,629,145 5,037,976,531 0.3 5,133,458,400 1.9
Unsecured Business Loans N/A N/A 103,224,974 98,672,186 -4.4 100,929,056 2.3
Unsecured Revolving Lines of Credit (Business Purpose) N/A N/A 202,703,918 261,428,241 29.0 258,799,488 -1.0
Total Non-Real Estate Secured Business Loans N/A N/A 6,013,557,526 6,129,807,714 1.9 6,261,393,197 2.1
NUMBER OF BUSINESS LOANS OUTSTANDING BY TYPE
Number - Construction and Development N/A N/A 2,152 2,227 3.5 2,261 1.5
Number - Farmland N/A N/A 4,741 4,862 2.6 4,886 0.5
Number - Non-Farm Residential Property N/A N/A 46,275 44,000 -4.9 49,509 12.5
Number - Owner Occupied, Non-Farm, Non-Residential Property N/A N/A 24,535 28,318 15.4 24,542 -13.3
Number - Non-Owner Occupied, Non-Farm, Non-Residential Property N/A N/A 25,019 25,676 2.6 25,673 0.0
Total Number of Real Estate Secured Business Loans N/A N/A 102,722 105,083 2.3 106,871 1.7
Number - Loans to finance agricultural production and other loans to farmers N/A N/A 10,747 11,194 4.2 11,685 4.4
Number - Commercial and Industrial Loans N/A N/A 39,445 39,239 -0.5 38,340 -2.3
Number - Unsecured Business Loans N/A N/A 2,627 2,412 -8.2 2,488 3.2
Number - Unsecured Revolving Lines of
Credit (Business Purpose) N/A N/A 12,081 13,029 7.8 13,149 0.9
Total Number of Non-Real Estate Secured Business Loans N/A N/A 64,900 65,874 1.5 65,662 -0.3
AMOUNT OF BUSINESS LOANS GRANTED OR PURCHASED:
* MBL (NMBLB) Granted YTD 1 7,290,998,694 10,742,116,950 10.5 2,745,441,686 2.2 5,650,593,561 2.9 7,494,842,565 -11.6
1
* Purchased or Participation Interests to Nonmembers (NMBLB) 881,079,048 1,332,996,826 13.5 318,594,490 -4.4 749,685,075 17.7 1,028,018,755 -8.6
DELINQUENCY - MEMBER BUSINESS LOANS
1 to 1 Month Delinquent (All delinquency > 30 days) 6.04 5.71 -5.4 5.56 -2.7 4.98 -10.3 5.13 2.9
% MBL > 2 Months Delinquent (Reportable delinquency) 4.30 4.04 -6.0 3.90 -3.4 3.74 -4.0 3.84 2.7
MBL CHARGE-OFFS AND RECOVERIES:
*Total MBL Charge Offs 183,621,581 291,875,185 19.2 108,244,660 48.3 172,997,580 -20.1 242,518,743 -6.5
*Total MBL Recoveries 4,889,564 12,570,758 92.8 3,500,704 11.4 9,193,946 31.3 12,445,715 -9.8
MISCELLANEOUS MBL INFORMATION:
Real Estate Loans also Reported as Business Loans 29,203,448,236 29,568,052,817 1.2 29,418,981,594 -0.5 29,776,368,133 1.2 30,674,668,897 3.0
Construction & Development Loans Meeting 723.3(a) 1,496,336,421 1,478,984,841 -1.2 N/A 1,390,126,768 1,417,649,734 2.0
Number of Construction & Development Loans - 723(a) 1,688 1675 -0.8 N/A 1,888 1,971 4.4
Unsecured Business Loans Meeting 723.7(c)-(d) 155,836,842 148,785,568 -4.5 N/A 173,632,145 161,714,472 -6.9
Number of Unsecured Business Loans - 723.7(c)-(d) 6,611 6,725 1.7 N/A 6,603 6,953 5.3
Agricultural Related (NMBLB) 1 1,272,801,194 1,292,611,256 1.6 1,385,769,660 7.2 1,450,108,338 4.6 1,504,934,357 3.8
Number of Outstanding Agricultural Related Loans 15,704 15,153 -3.5 15,488 2.2 16,056 3.7 16,571 3.2
* Business Loans and Participations Sold 817,657,355 1,506,933,113 38.2 376,882,487 0.0 700,904,919 -7.0 931,299,231 -11.4
SBA Loans Outstanding 644,856,351 695,446,000 7.8 750,596,772 7.9 725,103,916 -3.4 778,545,547 7.4
Number of SBA Loans Outstanding 8,262 8,508 3.0 8,668 1.9 7,520 -13.2 7,915 5.3
1
PART 723 REDEFINED MEMBER BUSINESS LOANS IN OCTOBER 2003; * Amounts are year-to-date and the related % change ratios are annualized.
12. MBLs
Investments, Cash, & Cash Equivalents
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
INVESTMENT, CASH ON DEPOSIT AND CASH EQUIVALENTS
SFAS 115 CLASS OF INVESTMENTS
Held to Maturity 10 yrs 1,351,228,051 1,793,255,322 32.7 2,192,341,635 22.3 2,273,342,103 3.7 2,016,477,941 -11.3
TOTAL HELD TO MATURITY 38,840,050,066 42,535,024,615 9.5 47,439,427,301 11.5 48,431,467,405 2.1 47,619,822,944 -1.7
Available for Sale 10 yrs 2,478,779,633 3,095,166,232 24.9 3,343,795,649 8.0 3,430,465,029 2.6 3,305,391,675 -3.6
TOTAL AVAILABLE FOR SALE 115,919,460,895 129,756,139,168 11.9 140,940,062,753 8.6 144,156,199,286 2.3 147,397,546,351 2.2
Trading 10 years 5,885,737 5,386,376 -8.5 5,256,951 -2.4 2,663,369 -49.3 6,705,798 151.8
TOTAL TRADING 887,891,706 953,534,441 7.4 1,043,098,132 9.4 1,146,843,372 9.9 1,152,225,632 0.5
Other Investments 10 yrs 267,679,918 294,023,571 9.8 318,550,847 8.3 369,452,796 16.0 384,653,237 4.1
TOTAL Other Investments 139,946,874,875 132,440,768,245 -5.4 145,315,688,135 9.7 139,219,240,874 -4.2 143,581,807,917 3.1
MATURITIES :
Total Investments 10 yrs 4,103,573,339 5,187,831,501 26.4 5,859,945,082 13.0 6,075,923,297 3.7 5,713,228,651 -6.0
Total 295,594,277,542 305,685,466,469 3.4 334,738,276,321 9.5 332,953,750,937 -0.5 339,751,402,844 2.0
# Means the number is too large to display in the cell
13. InvCash
Other Investment Information
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs)
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
INVESTMENT SUMMARY:
NCUA Guaranteed Notes (included in US Gov't Obligations) N/A 1,461,281,880 2,564,627,181 75.5 3,235,844,637 26.2 3,334,578,882 3.1
Total FDIC-Issued Guaranteed Notes N/A N/A 93,662,479 99,325,890 6.0 104,754,557 5.5
All Other US Government Obiligations N/A N/A 9,410,969,691 9,092,449,040 -3.4 9,664,323,790 6.3
TOTAL U.S. GOVERNMENT OBLIGATIONS 3,315,957,347 10,891,933,189 228.5 12,069,259,351 10.8 12,427,619,567 3.0 13,103,657,229 5.4
Agency/GSE Debt Instruments (not backed by mortgages) 69,578,617,603 75,820,006,353 9.0 85,351,040,246 12.6 85,826,985,783 0.6 83,358,968,327 -2.9
Agency/GSE Mortgage-Backed Securities 64,141,889,138 67,810,705,522 5.7 72,929,725,917 7.5 77,417,429,086 6.2 81,510,014,327 5.3
TOTAL FEDERAL AGENCY SECURITIES 133,720,506,741 143,630,711,875 7.4 158,280,766,163 10.2 163,244,414,869 3.1 164,868,982,654 1.0
Securities Issued by States and Political Subdivision in the U.S. N/A N/A 2,831,314,751 3,403,639,537 20.2 4,313,213,239 26.7
Privately Issued Mortgage-Related Securities 2,058,229,422 1,867,209,320 -9.3 1,520,561,183 -18.6 1,373,183,600 -9.7 1,305,282,618 -4.9
Privately Issued Securities (FCUs only) 747,725,086 720,295,925 -3.7 793,202,205 10.1 735,713,771 -7.2 702,396,615 -4.5
Privately Issued Mortgage-Backed Securities (FISCUs Only) 402,635,320 362,020,725 -10.1 347,845,517 -3.9 340,123,773 -2.2 312,383,685 -8.2
TOTAL OTHER MORTGAGE-BACKED SECURITIES 3,212,252,641 2,949,525,970 -8.2 2,661,608,905 -9.8 2,449,021,144 -8.0 2,320,062,918 -5.3
Mutual Funds 1,550,628,478 1,524,841,659 -1.7 1,661,749,493 9.0 1,797,966,806 8.2 1,752,348,382 -2.5
Common Trusts 288,759,248 220,181,442 -23.7 246,466,507 11.9 269,483,112 9.3 265,808,485 -1.4
TOTAL MUTUAL FUNDS & COMMON TRUST INVESTMENTS 1,839,387,726 1,745,023,101 -5.1 1,908,216,000 9.4 2,067,449,918 8.3 2,018,156,867 -2.4
Bank Issued FDIC-Guaranteed Bonds N/A N/A 930,159,935 1,049,184,812 12.8 918,160,579 -12.5
MORTGAGE RELATED SECURITIES:
Collateralized Mortgage Obligations 35,381,351,398 36,643,334,468 3.6 38,763,185,950 5.8 40,890,751,353 5.5 43,171,615,524 5.6
Commercial Mortgage Backed Securities 1,499,784,385 1,678,388,181 11.9 1,748,326,037 4.2 1,800,702,733 3.0 1,884,324,222 4.6
OTHER INVESTMENT INFORMATION:
Non-Mortgage Related Securities With Embedded Options
or Complex Coupon Formulas 22,338,269,216 23,777,614,731 6.4 26,440,324,775 11.2 25,029,861,379 -5.3 22,265,372,811 -11.0
Non-Mortgage Related Securities With Maturities > 3 Yrs
Without Embedded Options or Complex Coupon Formulas 5,489,335,047 6,955,126,787 26.7 7,953,733,015 14.4 8,121,937,475 2.1 8,613,979,090 6.1
Securities per 703.12(b) 67,264,830,796 71,554,941,662 6.4 77,872,660,860 8.8 79,195,671,276 1.7 79,024,632,097 -0.2
Deposits/Shares per 703.10(a) 2,801,637,608 2,697,543,512 -3.7 3,012,585,142 11.7 3,152,081,727 4.6 3,240,505,262 2.8
Market Value of Investments Purchased Under
Investment Pilot Program (703.19) 177,781,366 230,600,226 29.7 130,890,617 -43.2 210,794,246 61.0 219,208,458 4.0
Fair Value of Total Investments 296,301,467,937 306,029,195,768 3.3 334,932,200,136 9.4 333,495,280,776 -0.4 340,345,538,990 2.1
Investment Repurchase Agreements 133,417,464 153,011,805 14.7 181,203,111 18.4 153,019,890 -15.6 192,792,599 26.0
Borrowing Repurchase Agreements Placed in Investments
for Positive Arbitrage 542,793,612 506,822,034 -6.6 506,028,020 -0.2 481,237,135 -4.9 510,102,132 6.0
Cash on Deposit in Corporate Credit Unions 39,941,534,231 40,745,212,881 2.0 48,213,466,104 18.3 39,610,839,987 -17.8 36,181,021,402 -8.7
Cash on Deposit in Other Financial Institutions 23,021,950,880 19,901,360,572 -13.6 25,249,566,483 26.9 30,786,429,664 21.9 41,304,300,205 34.2
CUSO INFORMATION
Value of Investments in CUSO 1,268,357,615 1,319,073,255 4.0 1,327,401,525 0.6 1,336,929,059 0.7 1,378,258,667 3.1
CUSO loans 777,336,289 792,616,970 2.0 733,454,967 -7.5 692,803,371 -5.5 718,879,099 3.8
Aggregate cash outlays in CUSO 970,441,800 1,016,658,722 4.8 1,018,899,110 0.2 1,132,688,008 11.2 1,033,342,691 -8.8
WHOLLY OWNED CUSO INFORMATION
Total Assets of Wholly Owned CUSOs 2,406,498,179 2,262,270,482 -6.0 1,590,865,556 -29.7 1,559,655,788 -2.0 1,565,375,147 0.4
Total Capital of Wholly Owned CUSOs 1,099,935,416 1,009,785,009 -8.2 738,888,176 -26.8 752,800,417 1.9 777,397,785 3.3
Net Income/Loss of Wholly Owned CUSOs 321,428,504 297,245,354 -7.5 -3,257,673 -101.1 2,281,717 170.0 26,060,563 1,042.1
Total Loans of Wholly Owned CUSOs N/A N/A 475,187,846 437,933,844 -7.8 452,297,962 3.3
Total Delinquency of Wholly Owned CUSOs 32,908,798 33,207,526 0.9 25,398,293 -23.5 15,355,795 -39.5 21,067,933 37.2
Inv not Authorized by the FCU Act or NCUA R&R (SCU only) 1,827,152,633 2,056,266,403 12.5 1,880,439,587 -8.6 2,075,938,466 10.4 2,241,772,814 8.0
Outstanding Balance of Brokered CDs and Share
Certificates Purchased 16,524,022,434 16,482,499,339 -0.3 16,530,658,886 0.3 16,621,147,452 0.5 16,738,461,502 0.7
CREDIT UNION INVESTMENT PROGRAMS
Mortgage Processing 1,647 1,646 -0.1 1,659 0.8 1,659 0.0 1,663 0.2
Approved Mortgage Seller 870 873 0.3 875 0.2 883 0.9 885 0.2
Borrowing Repurchase Agreements 41 42 2.4 43 2.4 42 -2.3 43 2.4
Brokered Deposits (all deposits acquired through 3rd party) 324 315 -2.8 315 0.0 316 0.3 312 -1.3
Investment Pilot Program 14 13 -7.1 13 0.0 13 0.0 13 0.0
Investments Not Authorized by FCU Act (SCU only) 123 122 -0.8 119 -2.5 120 0.8 120 0.0
Deposits and Shares Meeting 703.10(a) 952 951 -0.1 951 0.0 948 -0.3 951 0.3
Brokered Certificates of Deposit (investments) 1,876 1,866 -0.5 1,859 -0.4 1,851 -0.4 1,841 -0.5
# Means the number is too large to display in the cell
14.OtherInvInfo
Supplemental Share Information, Off Balance Sheet, & Borrowings
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs)
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
SUPPLEMENTAL SHARES/DEPOSITS (included in total Shares):
Accounts Held by Member Government Depositors 1,228,660,231 1,280,664,976 4.2 1,202,510,031 -6.1 1,185,976,136 -1.4 1,228,415,933 3.6
Accounts Held by Nonmember Government Depositors 524,133,342 407,385,585 -22.3 233,783,535 -42.6 232,586,292 -0.5 183,896,647 -20.9
Employee Benefit Member Shares 254,277,901 251,002,810 -1.3 255,254,859 1.7 267,813,611 4.9 277,568,554 3.6
Employee Benefit Nonmember Shares 2,294,750 3,228,859 40.7 2,382,364 -26.2 2,540,047 6.6 3,094,657 21.8
529 Plan Member Deposits 979,629 1,090,923 11.4 1,127,758 3.4 1,126,849 -0.1 1,265,176 12.3
Non-dollar Denominated Deposits 151,313 88,098 -41.8 73,182 -16.9 67,107 -8.3 87,962 31.1
Health Savings Accounts 355,255,632 383,185,347 7.9 447,093,062 16.7 463,917,614 3.8 563,293,389 21.4
Dollar Amount of Share Certificates >= $100,000 70,826,435,392 70,572,897,409 -0.4 70,017,719,999 -0.8 69,870,891,394 -0.2 70,043,671,540 0.2
Dollar Amount of IRA/Keogh >= $100,000 20,857,559,221 20,911,430,205 0.3 21,226,933,346 1.5 21,664,484,978 2.1 22,130,291,228 2.2
Dollar Amount of Share Drafts Swept to Regular Shares or
Money Market Accounts 16,995,905,620 17,483,128,334 2.9 19,124,807,819 9.4 19,059,430,423 -0.3 19,384,328,675 1.7
Dollar Amount of Noninterest Bearing Transactional
Accounts with balances > $250,000 1,499,230,610 1,479,606,575 -1.3 1,979,067,766 33.8 2,013,162,847 1.7 2,564,759,035 27.4
SAVING MATURITIES
3 years 28,416,242,816 29,343,143,064 3.3 29,064,442,968 -0.9 30,402,045,790 4.6 32,420,179,468 6.6
Total Shares & Deposits 779,912,209,700 786,403,474,738 0.8 811,682,702,897 3.2 812,207,179,394 0.1 819,197,545,000 0.9
INSURANCE COVERAGE IN ADDITION TO NCUSIF
Share/Deposit Insurance in Addition to NCUSIF 381 375 -1.6 369 -1.6 357 -3.3 358 0.3
Dollar Amount of Shares/Deposits Covered by Additional Insurance 2,335,762,387 2,406,174,746 3.0 2,262,771,472 -6.0 2,267,908,596 0.2 2,379,966,671 4.9
OFF-BALANCE SHEET - UNFUNDED COMMITMENTS FOR
BUSINESS LOANS
Commercial Real Estate /1 357,059,071 355,160,436 -0.5 377,997,603 6.4 382,414,595 1.2 454,074,130 18.7
Construction & Land Development (MBL) 316,497,086 264,092,534 -16.6 248,934,348 -5.7 265,827,563 6.8 257,364,437 -3.2
Outstanding Letters of Credit 181,448,506 145,578,806 -19.8 85,848,396 -41.0 72,430,354 -15.6 73,512,063 1.5
Other Unfunded MBL Commitments 876,458,965 975,099,715 11.3 994,731,609 2.0 980,274,762 -1.5 1,001,983,623 2.2
Total Unfunded Commitments for Business Loans 1,731,463,628 1,739,931,491 0.5 1,707,511,956 -1.9 1,700,947,274 -0.4 1,786,934,253 5.1
OFF-BALANCE SHEET - UNFUNDED COMMITMENTS FOR ALL
REMAINING LOANS (NON-BUSINESS)
Revolving O/E Lines 1-4 Family 37,130,396,143 36,667,651,542 -1.2 37,220,761,345 1.5 37,289,656,036 0.2 37,140,346,136 -0.4
Credit Card Line 71,928,844,267 71,313,794,969 -0.9 73,265,857,906 2.7 72,814,229,210 -0.6 73,362,033,478 0.8
Unsecured Share Draft Lines of Credit 10,213,003,739 10,089,962,590 -1.2 10,279,371,150 1.9 10,330,722,664 0.5 10,250,146,920 -0.8
Overdraft Protection Programs 11,989,911,492 12,083,146,646 0.8 12,365,460,097 2.3 12,778,174,365 3.3 12,978,768,222 1.6
Residential Construction Loans-Excluding Business Purpose 437,808,450 385,101,296 -12.0 417,537,141 8.4 402,466,588 -3.6 475,493,551 18.1
Federally Insured Home Equity Conversion Mortgages (HECM) 10,071,504 11,516,606 14.3 13,677,541 18.8 9,091,736 -33.5 8,941,641 -1.7
Proprietary Reverse Mortgage Products 19,443,380 19,066,329 -1.9 19,269,117 1.1 20,721,811 7.5 20,740,158 0.1
Other Unused Commitments 7,614,027,245 7,092,174,691 -6.9 7,074,111,719 -0.3 7,533,098,004 6.5 8,299,188,866 10.2
Total Unfunded Commitments for Non-Business Loans 139,343,506,220 137,662,414,669 -1.2 140,656,046,016 2.2 141,178,160,414 0.4 142,535,658,972 1.0
Total Unused Commitments 141,074,969,848 139,402,346,160 -1.2 142,363,557,972 2.1 142,879,107,688 0.4 144,322,593,225 1.0
%(Unused Commitments / Cash & ST Investments) 93.37 94.69 1.4 88.43 -6.6 91.51 3.5 88.72 -3.0
Unfunded Commitments Commited by Credit Union N/A N/A 140,672,679,598.00 141,351,598,411.00 0.5 142,767,217,280.00 1.0
Unfunded Commitments Through Third Party N/A N/A 1,690,878,374 1,527,509,277 -9.7 1,555,375,945 1.8
Loans Transferred with Recourse1 3,262,147,770 3,178,640,089 -2.6 3,761,929,905 18.4 3,685,209,641 -2.0 3,663,718,146 -0.6
Pending Bond Claims 40,820,604 93,882,781 130.0 23,593,794 -74.9 24,861,484 5.4 25,616,994 3.0
Other Contingent Liabilties 97,018,601 50,726,203 -47.7 74,928,181 47.7 80,121,754 6.9 56,736,356 -29.2
CREDIT AND BORROWING ARRANGEMENTS:
Num FHLB Members 1,013 1,023 1.0 1,041 1.8 1,047 0.6 1,058 1.1
LINES OF CREDIT (Borrowing)
Total Credit Lines 129,111,115,298 131,255,087,660 1.7 131,448,565,228 0.1 133,935,418,336 1.9 133,163,914,083 -0.6
Total Committed Credit Lines 2,614,716,929 2,278,197,486 -12.9 2,527,307,078 10.9 2,648,983,952 4.8 2,947,561,068 11.3
Total Credit Lines at Corporate Credit Unions 44,881,267,968 44,664,767,828 -0.5 43,747,644,379 -2.1 42,954,496,332 -1.8 39,230,619,987 -8.7
Draws Against Lines of Credit 14,980,025,725 15,323,796,921 2.3 13,303,369,287 -13.2 12,927,279,832 -2.8 13,114,031,728 1.4
BORROWINGS OUTSTANDING FROM CORPORATE
CREDIT UNIONS
Line of Credit Outstanding from Corporate Cus 391,453,330 304,830,059 -22.1 249,718,083 -18.1 197,523,793 -20.9 162,146,574 -17.9
Term Borrowings Outstanding from Corporate Cus 1,718,989,634 1,552,263,221 -9.7 1,353,696,378 -12.8 1,103,072,745 -18.5 1,040,805,928 -5.6
MISCELLANEOUS BORROWING INFORMATION:
Assets Pledged to Secure Borrowings 117,140,642,872 121,284,430,523 3.5 123,541,920,114 1.9 125,304,762,970 1.4 123,323,395,639 -1.6
Amount of Borrowings Subject to Early Repayment at
Lenders Option 2,981,960,122 2,883,871,523 -3.3 2,607,185,591 -9.6 2,556,561,500 -1.9 2,489,855,488 -2.6
# Means the number is too large to display in the cell
1
Included MBL construction and land development prior to 03/31/09.
15.SuppShareOBS&Borr
Miscellaneous Information, Programs, Services
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit Unions (FICUs) *
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
MEMBERSHIP:
Num Current Members 90,739,251 90,487,348 -0.3 90,731,661 0.3 90,984,170 0.3 91,440,065 0.5
Num Potential Members 1,448,253,407 1,473,469,174 1.7 1,498,885,051 1.7 1,507,074,635 0.5 1,522,790,538 1.0
% Current Members to Potential Members 6.27 6.14 -2.0 6.05 -1.4 6.04 -0.3 6.00 -0.5
* % Membership Growth 1.27 0.67 -47.0 1.08 60.3 1.10 1.7 1.40 27.8
Total Num Savings Accts 167,980,357 168,310,891 0.2 168,799,120 0.3 168,907,582 0.1 169,592,277 0.4
EMPLOYEES:
Num Full-Time Employees 218,396 219,996 0.7 219,472 -0.2 220,403 0.4 219,704 -0.3
Num Part-Time Employees 30,731 30,628 -0.3 30,486 -0.5 31,002 1.7 30,645 -1.2
BRANCHES:
Num of CU Branches 21,078 21,066 -0.1 21,067 0.0 21,070 0.0 21,054 -0.1
Num of CUs Reporting Shared Branches 1,166 1,160 -0.5 1,167 0.6 1,174 0.6 1,181 0.6
Plan to add new branches or expand existing facilities 83 87 4.8 627 620.7 653 4.1 674 3.2
MISCELLANEOUS LOAN INFORMATION:
**Total Amount of Loans Granted YTD 179,977,098,401 248,791,457,641 3.7 57,367,098,360 -7.8 120,014,648,378 4.6 186,655,581,755 3.7
MEMBER SERVICE AND PRODUCT OFFERINGS
(Credit Programs):
Business Loans 1,758 1,753 -0.3 1,755 0.1 1,762 0.4 1,756 -0.3
Credit Builder 1,028 1,027 -0.1 1,042 1.5 1,058 1.5 1,066 0.8
Debt Cancellation/Suspension 392 392 0.0 395 0.8 401 1.5 404 0.7
Direct Financing Leases 52 52 0.0 53 1.9 51 -3.8 51 0.0
Indirect Business Loans 167 163 -2.4 165 1.2 171 3.6 172 0.6
Indirect Consumer Loans 1,662 1,665 0.2 1,676 0.7 1,676 0.0 1,680 0.2
Indirect Mortgage Loans 265 263 -0.8 264 0.4 264 0.0 265 0.4
Interest Only or Payment Option 1st Mortgage Loans 498 495 -0.6 489 -1.2 487 -0.4 488 0.2
Micro Business Loans 693 691 -0.3 689 -0.3 685 -0.6 682 -0.4
Micro Consumer Loans 991 991 0.0 991 0.0 991 0.0 990 -0.1
Overdraft Lines of Credit 3,204 3,191 -0.4 3,192 0.0 3,180 -0.4 3,165 -0.5
Overdraft Protection 2,932 2,948 0.5 2,956 0.3 2,972 0.5 2,980 0.3
Participation Loans 1,346 1,353 0.5 1,366 1.0 1,375 0.7 1,381 0.4
Pay Day Loans 517 510 -1.4 517 1.4 523 1.2 522 -0.2
Real Estate Loans 4,684 4,659 -0.5 4,647 -0.3 4,625 -0.5 4,601 -0.5
Refund Anticipation Loans 129 126 -2.3 127 0.8 127 0.0 129 1.6
Risk Based Loans 4,163 4,161 0.0 4,174 0.3 4,175 0.0 4,168 -0.2
Share Secured Credit Cards 2,061 2,061 0.0 2,076 0.7 2,079 0.1 2,082 0.1
Short-Term, Small Amount Loans (STS) N/A 123 218 77.2 290 33.0 339 16.9
MEMBER SERVICE AND PRODUCT OFFERINGS
(Other Programs):
ATM/Debit Card Program 5,191 5,172 -0.4 5,168 -0.1 5,152 -0.3 5,130 -0.4
Business Share Accounts 2,483 2,481 -0.1 2,485 0.2 2,486 0.0 2,478 -0.3
Check Cashing 3,724 3,716 -0.2 3,724 0.2 3,712 -0.3 3,702 -0.3
First Time Homebuyer Program 668 669 0.1 670 0.1 670 0.0 671 0.1
Health Savings Accounts 710 715 0.7 719 0.6 732 1.8 733 0.1
Individual Development Accounts 161 161 0.0 163 1.2 167 2.5 165 -1.2
In-School Branches 348 351 0.9 352 0.3 354 0.6 356 0.6
Insurance/Investment Sales 1,804 1,804 0.0 1,809 0.3 1,807 -0.1 1,805 -0.1
International Remittances 674 674 0.0 678 0.6 684 0.9 688 0.6
Low Cost Wire Transfers 3,697 3,689 -0.2 3,697 0.2 3,687 -0.3 3,679 -0.2
MERGERS/ACQUISITIONS:
Completed Merger/Acquisition Qualfiying for
Business Combo Acctng (FAS 141R) 183 219 19.7 234 6.8 256 9.4 273 6.6
Adjusted Retained Earnings Obtained through
Business Combinations 347,698,611 420,618,220 21.0 680,528,763 61.8 731,583,248 7.5 810,195,620 10.7
Fixed Assets - Capital & Operating Leases
Aggregate of Future Capital and Operating Lease Pmts
on Fixed Assets (not discounted to PV) 1,641,838,485 1,681,836,383 2.4 1,628,556,704 -3.2 1,639,320,283 0.7 1,632,900,226 -0.4
* Annualization factor: March = 4; June = 2; September =4/3; December = 1 (or no annualizing)
** Amount is year-to-date and the related % change ratio is annualized.
# Means the number is too large to display in the cell
16.MiscInfoAndServices
Information Systems & Technology
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured
Count of CU in Peer Group : N/A
Sep-2010 Dec-2010 % Chg Mar-2011 % Chg Jun-2011 % Chg Sep-2011 % Chg
System Used to Maintain Share/Loan Records
Manual System (No Automation) 78 74 -5.1 73 -1.4 68 -6.8 64 -5.9
Vendor Supplied In-House System 4,886 4,852 -0.7 4,808 -0.9 4,768 -0.8 4,701 -1.4
Vendor On-Line Service Bureau 2,208 2,201 -0.3 2,210 0.4 2,210 0.0 2,227 0.8
CU Developed In-House System 64 59 -7.8 56 -5.1 56 0.0 55 -1.8
Other 100 98 -2.0 97 -1.0 94 -3.1 95 1.1
Electronic Financial Services
Home Banking Via Internet Website 4,896 4,887 -0.2 4,891 0.1 4,877 -0.3 4,877 0.0
Audio Response/Phone Based 4,180 4,149 -0.7 4,128 -0.5 4,114 -0.3 4,101 -0.3
Automatic Teller Machine (ATM) 4,639 4,614 -0.5 4,596 -0.4 4,561 -0.8 4,553 -0.2
Kiosk 340 342 0.6 341 -0.3 343 0.6 343 0.0
Mobile Banking 644 721 12.0 808 12.1 920 13.9 1,025 11.4
Other 324 323 -0.3 329 1.9 335 1.8 340 1.5
Services Offered Electronically
Member Application 1,917 1,916 -0.1 1,924 0.4 1,938 0.7 1,941 0.2
New Loan 2,906 2,889 -0.6 2,887 -0.1 2,890 0.1 2,890 0.0
Account Balance Inquiry 5,141 5,119 -0.4 5,116 -0.1 5,096 -0.4 5,094 0.0
Share Draft Orders 3,994 3,982 -0.3 3,973 -0.2 3,967 -0.2 3,960 -0.2
New Share Account 1,198 1,202 0.3 1,209 0.6 1,220 0.9 1,228 0.7
Loan Payments 4,504 4,494 -0.2 4,486 -0.2 4,478 -0.2 4,480 0.0
Account Aggregation 476 486 2.1 495 1.9 499 0.8 501 0.4
Internet Access Services 830 831 0.1 839 1.0 842 0.4 849 0.8
e-Statements 3,563 3,571 0.2 3,613 1.2 3,645 0.9 3,682 1.0
External Account Transfers 673 685 1.8 709 3.5 722 1.8 744 3.0
View Account History 4,970 4,959 -0.2 4,958 0.0 4,944 -0.3 4,941 -0.1
Merchandise Purchase 369 367 -0.5 367 0.0 365 -0.5 365 0.0
Merchant Processing Services 222 224 0.9 233 4.0 234 0.4 234 0.0
Remote Deposit Capture 276 283 2.5 306 8.1 320 4.6 341 6.6
Share Account Transfers 4,875 4,859 -0.3 4,859 0.0 4,844 -0.3 4,845 0.0
Bill Payment 3,780 3,782 0.1 3,795 0.3 3,796 0.0 3,802 0.2
Download Account History 4,237 4,229 -0.2 4,229 0.0 4,230 0.0 4,232 0.0
Electronic Cash 216 214 -0.9 214 0.0 214 0.0 213 -0.5
Electronic Signature Authentification/Certification 187 193 3.2 205 6.2 214 4.4 223 4.2
Type of World Wide Website Address
Informational 598 593 -0.8 582 -1.9 574 -1.4 569 -0.9
Interactive 478 478 0.0 478 0.0 470 -1.7 470 0.0
Transactional 4,476 4,465 -0.2 4,468 0.1 4,460 -0.2 4,459 0.0
Number of Members That Use Transactional Website 32,175,157 33,070,369 2.8 33,932,848 2.6 34,417,794 1.4 35,086,377 1.9
No Website, But Planning to Add in the Future 29 28 -3.4 30 7.1 28 -6.7 30 7.1
Type of Website Planned for Future
Informational 26 25 -3.8 27 8.0 25 -7.4 26 4.0
Interactive 0 0 N/A 0 N/A 0 N/A 0 N/A
Transactional 3 3 0.0 3 0.0 3 0.0 4 33.3
Miscellaneous
Internet Access 7,035 6,989 -0.7 6,961 -0.4 6,930 -0.4 6,899 -0.4
17.IS&T
Graphs 1
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit
Count of CU in Peer Group : N/A
Delinquency & Net Charge-Offs Net Worth To Assets
Delinquency & Net Charge-Offs
Charge Offs Due To Bankruptcy (YTD) / Total Charge Offs (YTD) Net Worth To Assets
2.0 09/10 12/10 03/11 06/11 09/11 12.0 09/10 12/10 03/11 06/11 09/11
1.8
1.6 1.75
Delinquent loans / loans 1.76 1.63 1.58 1.59 Net10.0 / Assets
Worth 9.97 10.06 9.97 10.14 10.15
1.4 1.13
Net Charge-offs / Averge Assets 1.13 1.00 0.95 0.91 Peer 0.00 0.00 0.00 0.00 0.00
1.2 8.0
Peer Delinquency 0.00 0.00 0.00 0.00 0.00
1.0
Peer Net Charge-offs 0.00 0.00 0.00 0.00 0.00 6.0
0.8
0.6 4.0
0.4
0.2 2.0
0.0
09/10 12/10 03/11 06/11 09/11 0.0
09/10 12/10 03/11 06/11 09/11
Delinquent loans / loans Net Charge-offs / Averge Assets
Peer Delinquency Peer Net Charge-offs Net Worth / Assets Peer
Loan & Share Growth Return On Average Assets
Loan & Share Growth Return On Average Assets
Year
Current Period_Prior09/10 12/10 03/11 06/11 09/11 09/10 12/10 03/11 06/11 09/11
14.0Loan Growth Current -1.27
Period_Prior -1.35 / Prior Year (annualized)
Year -3.41 -0.24 0.57 0.9 Assets (annualized)
Net Income / Average0.45 0.51 0.73 0.77 0.66
12.0
Share Growth Current4.83
Period_Prior 4.48 / Prior 12.86(annualized)
Year Year 6.56 5.56 Peer 0.8 0.00 0.00 0.00 0.00 0.00
10.0
8.0Peer Share 0.00 0.00 0.00 0.00 0.00 0.7
6.0Peer Loan 0.00 0.00 0.00 0.00 0.00
4.0 0.6
2.0 0.5
0.0
-2.0 09/10 12/10 03/11 06/11 09/11 0.4
-4.0
0.3
-6.0
0.2
Loan Growth Current Period_Prior Year / Prior Year (annualized) 0.1
Share Growth Current Period_Prior Year / Prior Year (annualized) 0.0
Peer Share 09/10 12/10 03/11 06/11 09/11
Peer Loan Net Income / Average Assets (annualized) Peer
18. Graphs 1
Graphs 2
Return to cover For Charter : N/A
12/01/2011 Count of CU : 7179
CU Name: N/A Asset Range : N/A
Peer Group: N/A Criteria : Region: Nation * Peer Group: All * Types Included: All Federally Insured Credit
Count of CU in Peer Group : N/A
Loans To Assets Net Long Term Assets to Assets
Loans To Assets Net Long Term Assets to Assets
09/10 12/10 03/11 06/11 09/11 09/10 12/10 03/11 06/11 09/11
70.0 Loans / Assets 62.45 61.76 59.61 59.85 59.62 Net40.0 -Term Assets / Assets
Long 31.43 33.02 33.46 34.24 33.24
60.0 Peer 0.00 0.00 0.00 0.00 0.00 35.0
Peer 0.00 0.00 0.00 0.00 0.00
30.0
50.0
25.0
40.0
20.0
30.0
15.0
20.0 10.0
10.0 5.0
0.0 0.0
09/10 12/10 03/11 06/11 09/11 09/10 12/10 03/11 06/11 09/11
Loans / Assets Peer Net Long -Term Assets / Assets Peer
Net Interest Margin (NIM) Cash & Short-Term Investments To Assets
Net Interest Margin (NIM) Cash & Short-Term Investments To Assets
09/10 12/10 03/11 06/11 09/11 09/10 12/10 03/11 06/11 09/11
3.5 NIM=(Net Interest Income-Interest Expense)/Avg 3.16
3.26 3.25 Assets(annualized)
3.17 3.16 18.0 16.64 16.10
Cash & Short-Term Investments / Assets 17.14 16.57 17.10
3.0 Peer 0.00 0.00 0.00 0.00 0.00 16.0
Peer 0.00 0.00 0.00 0.00 0.00
2.5 14.0
2.0 12.0
10.0
1.5
8.0
1.0
6.0
0.5 4.0
0.0 2.0
09/10 12/10 03/11 06/11 09/11
0.0
09/10 12/10 03/11 06/11 09/11
NIM=(Net Interest Income-Interest Expense)/Avg Assets(annualized) Peer
Cash & Short-Term Investments / Assets Peer
19. Graphs 2