# of Credit Unions # of Credit Unions # of Credit Unions As of September 30, 2011 8,400 8,200 8,000 7,800 7,600 7,400 7,200 8,332 8,065 7,794 7,556 7,325 7,000 6,800 9,000 8,000 7,000 6,000 5,000 4,000 3,000 2,000 1,000 0 # of Credit Unions -Trend By Asset-Based Peer Groups 309 327 941 359 978 368 773 1,027 394 1,034 770 1,036 768 800 806 2,615 2,575 2,515 2,462 2,420 2,325 2,164 2,001 1,870 1,739 1,369 1,251 1,124 1,022 930 Under $2M $2M-$10M $10M-$50M $50M-$100M $100M-$500M $500M+ Source: CUDATA.COM 3rd Qtr 2011 Page 1
In Billions Net Worth to Total Assets (%) 12 10 8 11.5 11.18 16 9.97 10.15 6 4 2 0 Net-Worth Growth Trend $10 $98.0 $96.0 $94.0 $9 5.9 5.8 4.3 4.0 $91.0 4.3 $91.8 3.0 $97.8 6.6 6.5 8.0 7.0 6.0 5.0 4.0 3.0 $9 $89.1 2.1 $88.0 $86.0 $84.0 $87.5-1.0-1.0 - $8-3.0 Total Net-Worth ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Source: CUDATA.COM 3rd Qtr 2011 Page 2
0.8 0.7 0.74 Return On Assets (ROA %) 0.65 0.6 0.5 0.4 0.5 0.44 0.3 0.26 0.2 0.1 0 ROA (Before and After NCUA Assessments Expense) 0.91 1 0.9 0.8 0.7 0.6 0.5 0.4 0.3 0.2 0.1 0 Before Assessments 0.65 After Assessments Source: CUDATA.COM 3rd Qtr 2011 Page 3
In Billions In Billions $5.00 $4.50 $4.00 Net Income Trend - (Year-ToDate ) $ In Billions $4.14 $4.64 $3.50 $3.00 $2.50 $2.98 $3.01 $0 $1.50 $1.68 $1.00 $0.50 $0 $7.00 NCUA Assessments Impact On Net Income (In Billions) Year-to-Date 2011 $6.48 $6.00 $5.00 $4.64 $4.00 $3.00 $0 $1.64 $1.00 $0 Income/(Loss) Before NCUA Assessments $0.21 NCUSIF Premium Expense Corporate CU Stablization Fund Expense Income/(Loss) After NCUA Assessments Source: CUDATA.COM 3rd Qtr 2011 Page 4
In Billions In Millions Membership Growth Trend 93.0 92.6 3 9 91.6 2.44 9 2.5 91.0 9 89.0 88.0 87.0 1.8 88.6 1.26 4 89.9 1.42 1.9 1.22 0.5 1.29 0.68 2 1.5 1 0.5 86.0 0 # of Members Year-To-Date % Growth (Annualized) Year-Over-Year % Growth $1,20 Asset Growth Trend 1 $1,00 $80 $60 $40 $760.2 6.3 6.1 $814.0 7.6 7.1 10.1 $886.0 8.9 $92 3.8 3.5 $963.4 5.3 4.7 1 8.0 6.0 4.0 $20 $- Total Assets ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Source: CUDATA.COM 3rd Qtr 2011 Page 5
In Billions In Billions Loan Growth Trend $59 $58 $57 $56 $55 $54 $53 $52 6.5 6.2 $530.3 7.5 7.2 $568.7 $583.6 2.6 2.1 $574.9 $574.6 0.5-0.1 8.0 7.0 6.0 5.0 4.0 3.0 1.0 $51 $50-1.3-1.5-1.0 - Total Loans ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Auto Loan Growth Trend $185.0 $18 $175.0 $17 $180.9 0.9 0.6 $178.7-0.5-1.3 1.0 $179.6 0.5 $168.7 $165.9-0.2-1.7 1.0-1.0 - -3.0 $165.0-4.0 $16-5.1-6.0-5.0-6.0 $155.0-7.0 Total Auto Loans ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Source: CUDATA.COM 3rd Qtr 2011 Page 6
In Billions 14.0 1 1 Auto Vs. Real Estate Loan Growth Trend 10.8 12.9 8.0 6.0 4.0 - -4.0-6.0 2.2 0.3 0.7 0.9-0.5 Sep-07 Sep-08 Sep-09 1.0 Sep-10 Sep-11-5.1 Year-To-Date Auto Loans % Growth (Annualized) Year-To-Date Real Estate Loans % Growth (Annualized) -0.2 $25 Loans Granted (Year-to-Date) All Loans Vs. RE Loans (In Billions) $20 $190.5 $200.2 $210.9 $181.6 $188.6 $15 $10 $5 $73.3 $80.9 $95.1 $70.8 $67.1 $- Total Loans Granted Total Real Estate Loans Granted Source: CUDATA.COM 3rd Qtr 2011 Page 7
Loan Portfolio Composition As of September 30, 2011 8 14.49 5.11 6.31 4.4 10.29 Credit Card Loans All Other Unsecured Loans New Vehicle Loans Used Vehicle Loans 1st Mortgage/LOC 18.58 Other RE Loans + LOC Leases Receivable 40.51 All Other Loans/LOC Total Loans To Total Deposits (%) 9 8 7 6 82.6 83.7 77.9 72.7 69.2 5 4 3 2 1 Source: CUDATA.COM 3rd Qtr 2011 Page 8
In Billions 1.8 1.6 1.4 1.2 1.0 0.8 0.6 0.4 0.2 Loan Delinquency and Net-Charge Offs Trend 1.7 1.8 1.6 1.1 1.2 1.1 0.8 0.9 0.8 0.5 Delinquent Loans To Total Loans Net Charge Offs To Avg Loans (Annualized) Foreclosed & Repossessed Assets (In Billions) $0 $1.80 $1.60 $1.40 $1.68 $1.56 $1.42 $1.82 $1.87 $1.20 $1.00 $0.80 $0.60 $0.40 $0.20 $- $1.09 $0.87 $0.55 $0.50 $0.30 $0.28 $0.30 $0.21 $0.23 $0.17 $1 $4 $3 $2 $4 Real Estate Automobiles Other Loans Total Foreclosed Source: CUDATA.COM 3rd Qtr 2011 Page 9
In Billions Provision for Loan Losses ($) In Billions (Year-To-Date) $8.00 $7.00 $6.00 $7.02 $5.37 $5.00 $4.00 $4.16 $3.57 $3.00 $0 $6 $1.00 $- 1.8 1.6 1.4 1.2 Allowance for Loan Losses Trend 1.4 1.64 1.59 1 0.8 0.6 0.4 0.68 0.48 0.86 0.6 0.93 1.03 0.95 0.2 0 Allow For Loan Losses To T/Loans Allow. For Loan Losses To T/Assets Source: CUDATA.COM 3rd Qtr 2011 Page 10
In Billions Deposit Growth Trend $90 $80 $70 $641.8 $679.4 11.0 $748.9 10.2 $790.7 $830.1 1 1 $60 8.0 $50 $40 $30 6.7 5.7 5.7 5.9 5.6 4.8 5.5 5.0 6.0 4.0 $20 $10 $- Total Deposits ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Core Deposit % Growth (Annualized) Sep-11 Sep-10 All Other Shares 13.9% 19.2% IRA/KEOGH 1.9% 5.3% Money Market 7.1% 12.1% -5.6% -5.7% Certificates Regular Checking 2.1% 12.4% 11.4% 13.7% All Deposits 5.5% 4.8% -1% -5.0% % 5.0% 1% 15.0% 2% 25.0% Source: CUDATA.COM 3rd Qtr 2011 Page 11
In Billions Deposit Portoflio As of September 30, 2011 1% 9% 12% Checking Regular 23% 30% Certificates Money Market IRA/KEOAG All Other Shares 25% Investments Growth Trend $40 35.0 $35 $30 32.5 27.5 $260.6 $299.4 $344.0 3 25.0 $25 $20 $15 $10 $5 $190.7 4.4 5.1 $204.3 8.5 7.1 14.8 14.9 14.9 12.2 2 15.0 1 5.0 $- Total Investments ($) Year-To-Date % Growth (Annualized) Year-Over-Year % Growth Source: CUDATA.COM 3rd Qtr 2011 Page 12
8.0 Net Interest Spread Trend (Annualized) 7.0 6.0 5.0 4.0 3.0 1.0 6.7 6.6 6.2 5.9 4.8 4.1 3.2 3.0 3.0 3.0 6.3 6.1 5.3 3.1 2.8 2.1 4.7 5.8 4.3 3.3 3.2 1.5 1.7 1.1 Yield On Avg Loans Yield On Avg Investments Yield On Earning Assets Cost of Funds Net Interest Spread 1 0.8 0.6 0.4 0.2 Return On Avg Assets (Annualized ) Asset-Size Peer Group 0.82 0.49 0.32-0.14 0.65 0-0.2-0.4-0.6-0.8-1 -0.77 0.13 Source: CUDATA.COM 3rd Qtr 2011 Page 13
() 3.50 Net Interest Margin Vs. Operating Expense Ratio 3.40 3.30 3.20 3.10 3.36 3.35 3.12 3.15 3.20 3.19 3.26 3.17 3.30 3.16 3.00 2.90 2.80 2.70 2.60 2.50 Net Interest Income To Avg. Assets Operating Expense To Avg. Assets 9 8 Efficiency Ratio % (the cost incurred to generate one dollar of revenue) 81.9 87.0 81.8 84.0 83.4 7 6 5 4 3 2 1 Source: CUDATA.COM 3rd Qtr 2011 Page 14
35 30 25 20 15 10 5 Loan Concentration to Net -Worth Capital (%) 72.7 Indirect Loans to Net Worth 169.6 Vehicle Loans to Net Worth 323.0 Total RE Loans Incl MBL to Net Worth 237.9 1st Mortgage RE & LOC to Net Worth 33.7 Member Business Loans to Net Worth 7.0 1.5 Participation Loans to Net Worth Construction & Development Loans to Net Worth 180 Investments Concentration Risk to Net-Worth Capital (%) 169.94 160 140 120 100 80 85.9 84.04 60 40 44.41 20 0 Agency Debt Instruments to Net Worth Agency Mortgage- Backed Securities to Net Worth Total Agency Securities to Net Worth 2.37 Total Other MBS to Net Worth CMO/REMICs to Net Worth Source: CUDATA.COM 3rd Qtr 2011 Page 15
Return On Assets (Annualized) By State State Sep-10 Sep-11 State Sep-10 Sep-11 Alaska 0.59 0.75 Montana 0.39 0.31 Alabama 0.57 0.79 North Carolina 0.97 0.86 Arkansas 0.33 0.61 North Dakota 0.69 0.88 Arizona -0.23 0.80 Nebraska 0.44 0.43 California 0.37 0.65 New Hampshire 0.70 0.90 Colorado 0.67 0.95 New Jersey -5 0.15 Connecticut 0.30 0.32 New Mexico 0.41 0.90 District of Columbia 0.61 0.65 Nevada -1.15-0.25 Delaware 0.23 0.54 New York 0.61 0.75 Florida 0 0.47 Ohio 0.42 0.51 Georgia 0.35 0.48 Oklahoma 0.56 0.73 Guam 1.06 0.31 Oregon 0.20 0.33 Hawaii 0.29 0.25 Pennsylvania 0.68 0.68 Iowa 0.92 0.93 Puerto Rico 9 0.46 Idaho 0.58 0.76 Rhode Island 0.34 0.24 Illinois 0.49 0.57 South Carolina 0.38 0.65 Indiana 0.41 0.46 South Dakota 8 0.40 Kansas 0.63 0.67 Tennessee 0.63 0.64 Kentucky 0.66 0.83 Texas 0.49 0.65 Louisiana 0.12 0.46 Utah -0.21 0.47 Massachusetts 0.29 0.51 Virginia 0.81 1.03 Maryland 0.29 0.34 Virgin Islands 1.39 1.25 Maine 0.50 0.53 Vermont 0.83 0.80 Michigan 0.33 0.66 Washington 0.42 0.80 Minnesota 0.24 0.67 Wisconsin 0.45 0.54 Missouri 0.37 0.49 West Virginia 0.39 0.28 Mississippi 0.45 0.88 Wyoming 0.59 0.73 Source: CUDATA.COM 3rd Qtr 2011 Page 16