State of Georgia - Department of Banking and Finance

SUPERVISORY DIVISION
STATE-CHARTERED CREDIT UNION FINANCIAL SUMMARY
State Credit Union Performance Summary
(amounts in millions)
12/31/2010 12/31/2009 12/31/2008 12/31/2007
ASSETS:
Cash & Equivalents 1,230 1,006 754 700
TOTAL INVESTMENTS 3,543 3,625 2,403 2,105
Loans Held for Sale 8
10
4
6
Real Estate Loans 3,035
Unsecured Loans 785
Other Loans 2,683
TOTAL LOANS 6,503
(Allowance for Loan & Lease Losses) 88
Land And Building 194
Other Fixed Assets 33
NCUSIF Deposit 94
All Other Assets 134
TOTAL ASSETS 11,652
LIABILITIES & CAPITAL:
Dividends Payable 3
Notes & Interest Payable 42
Accts. Payable & Other Liabilities 107
TOTAL LIABILITIES 152
Share Drafts 1,099
Regular Shares 3,005
All Other Shares & Deposits 6,104
TOTAL SHARES & DEPOSITS 10,208
Regular Reserve 223
Other Reserves (26)
Undivided Earnings 1,095
TOTAL EQUITY 1,292
TOTAL LIABILITIES & EQUITY 11,652
INCOME & EXPENSE:
Loan Income 399
Investment Income 60
Other Income 131
Total Employee Compensation & Benefits
Temporary Corporate CU Stabilization
156
Expense & NCUSIF Premiums 24
Total Other Operating Expenses 158
Non-operating Income & (Expense) (4)
Prov for Loan/Lease Losses 73
Cost of Funds
Net Income (Loss) EXCLUDING Stabilization
137
Expense & NCUSIF Premium 61
NET INCOME 36
Total Credit Unions Reporting 61
2,680
741
2,457
5,878
74
171
34
82
122
10,853
4
595
101
699
905
2,775
5,273
8,953
212
(11)
1,001
1,201
10,853
Page 19 2010 Annual Report
358
83
107
139
15
136
(17)
75
175
47
32
64
2,270
685
2,450
5,405
51
163
37
32
127
8,873
4
57
104
164
757
2,674
4,088
7,519
214
(0)
976
1,189
8,873
342
119
84
128
1,783
587
2,118
4,488
42
125
43
56
109
7,591
4
48
82
133
669
2,868
2,811
6,348
199
(7)
919
1,110
7,591
284
133
81
104
N/A N/A
176 112
4
(1)
45
25
206 212
N/A N/A
(6) 45
67
68