First Quarter 2017

Prepared by:CUNA Economics and Statistics

Arkansas

Mid Year 2017

Arkansas

Year-End 2017

Arkansas

Source: Datatrac, NCUA, and CUNA.(1)Assumes 2.1 credit union members per household.

2.98 3.01

8.72

3.97 3.654.20

4.75

10.56

7.66

4.75 5.03

8.09

4.143.64

4.14

5.19

12.3111.54

60-month newcar (A paper)

48-month usedcar (A paper)

Unsecured loan(A paper)

5-yearadjustable rate1st mortgage, 0

pts

15-year fixedrate 1st

mortgage, 0 pts

30-year fixedrate 1st

mortgage, 0 pts

Home equity /2nd mtg, 80%

LTV 0 pts

Credit card -rewards

Credit card -platinum

Arkansas Credit Unions Arkansas Banks

Loan Product Comparative Interest Rates (%)

by Loan Type

0.14

0.13

0.15

0.47

0.31

0.14

0.09

0.26

0.88

0.57

Regular savings, $1,000 balance

Share draft checking, $5,000 balance

Money market accounts

1 Year certificate $10,000 balance

Retirement (IRA) accounts

Arkansas Credit Unions Arkansas Banks

Savings Product Comparative Interest Rates (%)by Savings Account Type

$25.00 $24.56

$1,151.00

$29.63 $34.18

$1,361.00

Share draft checking, NSF fee Credit cards, late fee Mortgages, closing costs

Arkansas Credit Unions Arkansas Banks

Comparative Fees

by Type

Average Rate at Average Rate Rate DifferenceLoan Products Credit Unions (%) at Banks (%) vs. Banks (%)60-month new car (A paper) 2.98 4.75 -1.7748-month used car (A paper) 3.01 5.03 -2.02Unsecured loan (A paper) 8.72 8.09 0.635-year adjustable rate 1st mortgage, 0 pts 3.97 4.14 -0.1815-year fixed rate 1st mortgage, 0 pts 3.65 3.64 0.0230-year fixed rate 1st mortgage, 0 pts 4.20 4.14 0.05Home equity / 2nd mtg, 80% LTV 0 pts 4.75 5.19 -0.44Credit card - rewards 10.56 12.31 -1.75Credit card - platinum 7.66 11.54 -3.88

Savings ProductsRegular savings, $1,000 balance 0.14 0.14 0.00Share draft checking, $5,000 balance 0.09 0.13 -0.03Money market accounts 0.26 0.15 0.111 Year certificate $10,000 balance 0.88 0.47 0.41Retirement (IRA) accounts 0.57 0.31 0.26

Fee IncomeShare draft checking, NSF fee $25.00 $29.63 -$4.63Credit cards, late fee $24.56 $34.18 -$9.62Mortgages, closing costs $1,151.00 $1,361.00 -$210.00

Source: Datatrac

Arkansas

December 2017 Average Interest Rates and FeesCredit Union and Banking Institution

$8,273,734

$12,928,131

-$437,982

$314,285

-$24,847 -$61,731

$221,606

$2,228,383

New car loans Used car loans Personal unsecuredloans

5-year adjustablerate 1st mortgage

15-year fixed rate1st mortgage

30-year fixed rate1st mortgage

Home equity / 2ndmortgage loans

Credit cards

Compared to State Banking Institutions by Loan Type

State Credit Union's Total Loan Rate Benefits

-$10,858-$61,204

$328,174

$1,703,899

$586,628

Regular shares Share draft checking Money market accounts Certificate accounts Retirement (IRA) accounts

Compared to State Banking Institutions by Account Type

State Credit Union's Total Savings Dividend Benefits

Rate Total Avg. Balance Difference Financial Benefit

at vs. Arkansas to YourLoans Credit Unions (1) Banks (%) (2) MembersNew car loans 466,651,675 -1.77 $8,273,734Used car loans 640,006,470 -2.02 $12,928,131Personal unsecured loans 69,853,517 0.63 -$437,9825-year adjustable rate 1st mortgage 176,564,813 -0.18 $314,28515-year fixed rate 1st mortgage 146,160,263 0.02 -$24,84730-year fixed rate 1st mortgage 112,237,316 0.05 -$61,731Home equity / 2nd mortgage loans 50,250,899 -0.44 $221,606Credit cards 97,671,844 -1.75 $2,228,383Interest rebates $80,051Total CU member benefits arising from lower interest rates on loan products: $23,521,632

SavingsRegular shares 1,085,758,554 0.00 -$10,858Share draft checking 191,262,792 -0.03 -$61,204Money market accounts 306,705,074 0.11 $328,174Certificate accounts 417,622,358 0.41 $1,703,899Retirement (IRA) accounts 227,816,537 0.26 $586,628Bonus dividends in period $0Total CU member benefit arising from higher interest rates on savings products: $2,546,640

Fee IncomeTotal CU member benefit arising from fewer / lower fees: $4,615,561

Total CU member benefit arising from interest rates on loans, savings products and lower fees: $30,683,832

Total CU member benefit / member: $93Total CU member benefit / member household: $195

Source: Datatrac, NCUA, and CUNA

Estimated Financial Benefits for Arkansas Credit UnionsDecember 2017

(1) Average balance as of December 2017 and December 2016, according to the NCUA call report.; (2) Source for rates and fees: Datatrac;

Demographic Information Dec 17 Dec 16Number of branches 102 103Total assets ($ mil) 2,900 2,847Total loans ($ mil) 1,952 1,873Total surplus funds ($ mil) 791 814Total savings ($ mil) 2,325 2,291Total members (thousands) 332 329

Growth Rates (Trailing 12 months) *Total assets 1.9 % 4.8 %Total loans 4.3 % 10.9 %Total surplus funds -2.8 % -6.7 %Total savings 1.5 % 3.4 %Total members 0.7 % 0.5 %

Earnings - Basis Pts. *Yield on total assets 328 318Dividend / interest cost of assets 54 51Fee & other income 137 137Operating expense 321 322Loss Provisions 33 32Net Income (ROA) after stabilization exp 57 50

Capital AdequacyNet worth / assets 13.5 13.2

Asset Quality *Delinquencies / loans 0.9 0.9Net chargeoffs / average loans 0.5 0.4Total borrower-bankruptcies 13 12Bankruptcies per 1000 members 2.2 2.2

Asset/Liability ManagementLoans / savings 84.0 81.7Loans / assets 67.3 65.8Long-term assets / assets 22.2 22.6Core deposits/shares & borrowings 52.6 50.6

ProductivityMembers / potential members 9.3 9.5Borrowers / members 46.8 47.3Members / FTE 425 418Average shares / members ($) 7,009 6,955Average loan balances ($) 12,569 12,012Salary & Benefits / FTE 54,204 51,633

Arkansas Credit UnionPerformance Profile

* Earnings, net chargeoffs, and bankruptcies are year-to-date numbers annualized. Due to significant seasonal variation,balance sheet growth rates are for the trailing 12 months.