Institution Statistics
| AKRON | | NCUA # | 10253 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $814,000 | | Loans | $462,000 | | Deposits | $738,000 | | Equity Capital | $74,000 | | Loan Loss Allowance | $9,000 | | Unbacked Noncurrent Loans | $15,000 |
Historic Data - December 2010 | | Assets | $721,000 | | Equity Capital | $73,000 | | Loan Loss Allowance | $9,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.22% | | Return on Assets | 0.12% | | Return on Equity | 1.35% | | Interest Income | $31,000 | | Non-Interest Income | $2,000 |
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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 December 31, 2011 Akron Credit Union had $15,000 in non-current loans and owned real-estate with $83,000 in equity and loan loss allowances on hand to cover it. This gives Akron Credit Union a Texas Ratio of 18.07% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Akron Credit Union has increased its total deposits by $92,000, resulting in 14.24% 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 Akron Credit Union 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. Akron Credit Union has $814,000 in assets with $83,000 in equity, resulting in a capitalization level of 10.20%, which is above average. |
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