Deputy Seminar, Denver, CO

Charge Off Rates at Commercial Banks (source: Board of Governors of the Federal Reserve System)

-0.5% 0.0% 0.5% 1.0% 1.5% 2.0% 2.5% 3.0% 3.5%

Biz CRE

Jul-94

Jul-01

Jul-08

Jul-15

Jan-91

Jan-98

Jan-05

Jan-12

Mar-92

Mar-99

Mar-06

Mar-13

Sep-95

Nov-96

Sep-02

Nov-03

Sep-09

Nov-10

Sep-16

May-93

May-00

May-07

May-14

CSBS - 2018 DEPUTY SEMINAR Denver, CO– July 16, 2018

Credit Unions: Credit Quality

0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 1.6 1.8 2.0

Delinquency Ratio Net Charge-Off Ratio

1Q-07

3Q-07

1Q-08

3Q-08

1Q-09

3Q-09

1Q-10

3Q-10

1Q-11

3Q-11

1Q-12

3Q-12

1Q-13

3Q-13

1Q-14

3Q-14

1Q-15

3Q-15

1Q-16

3Q-16

1Q-17

3Q-17

1Q-18

CSBS - 2018 DEPUTY SEMINAR Denver, CO– July 16, 2018