Institution Statistics
| NCUA # | 24181 | | BankRate Report | View | | Year Established | 1985 | | Employees | 49 | | Primary Regulator | |
Assets and Liabilities | | Assets | $144.73 million | | Loans | $96.74 million | | Deposits | $129.13 million | | Equity Capital | $14.19 million | | Loan Loss Allowance | $626,000 | | Unbacked Noncurrent Loans | $213,000 |
Historic Data - March 2009 | | Assets | $117.61 million | | Equity Capital | $12.16 million | | Loan Loss Allowance | $498,000 | | Unbacked Noncurrent Loans | $207,000 |
Profit Margin - Quarterly | | Net Interest Margin | 1.15% | | Return on Assets | 1.65% | | Return on Equity | 16.88% | | Interest Income | $1.70 million | | Non-Interest Income | $698,000 |
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Institution Health
Overall Score:
4 out of 5 
| Texas Ratio |  | | The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of March 1, 2010 Advantage FCU had $213,000 in non-current loans and owned real-estate with $14.81 million in equity and loan loss allowances on hand to cover it. This gives Advantage FCU a Texas Ratio of 1.44% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Advantage FCU held steady from 1.64% as of March 1, 2009 to 1.44% as of March 1, 2010, resulting in a positive change of 12.08%.This indicates that the balance sheet and financial strength for Advantage FCU has held steady in recent periods. | | Deposit Growth | | | In the past year, Advantage FCU has increased it's total deposits by $26.26 million, resulting in 25.52% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Advantage FCU has shown is excellent. | | Capitalization |  | | Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Advantage FCU has $144.73 million in assets with $14.81 million in equity, resulting in a capitalization level of 10.24%, which is below average. |
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