Institution Statistics
| Avon Co-operative Bank | | FDIC Certificate # | 26617 | | BankRate Report | View | | Year Established | 1914 | | Employees | 12 | | Primary Regulator | FED |
Assets and Liabilities | | Assets | $79.52 million | | Loans | $49.56 million | | Deposits | $65.26 million | | Equity Capital | $8.82 million | | Loan Loss Allowance | $220,000 | | Unbacked Noncurrent Loans | $309,000 | | Real Estate Owned | $62,000 |
Historic Data - March 2012 | | Assets | $68.84 million | | Equity Capital | $8.59 million | | Loan Loss Allowance | $228,000 | | Unbacked Noncurrent Loans | $737,000 |
Profit Margin - Quarterly | | Net Interest Margin | 2.54% | | Return on Assets | 0.19% | | Return on Equity | 1.63% | | Interest Income | $610,000 |
|
|
Institution Health
Overall Score:
5 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 31, 2013 Avon Co-operative Bank had $371,000 in non-current loans and owned real-estate with $9.04 million in equity and loan loss allowances on hand to cover it. This gives Avon Co-operative Bank a Texas Ratio of 4.11% 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 Avon Co-operative Bank decreased significantly from 8.36% as of March 31, 2012 to 4.11% as of March 31, 2013, resulting in a positive change of 50.88%.This indicates that the balance sheet and financial strength for Avon Co-operative Bank has improved significantly in recent periods. | | Deposit Growth | | | In the past year, Avon Co-operative Bank has increased its total deposits by $5.49 million, resulting in 9.18% 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 Avon Co-operative Bank 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. Avon Co-operative Bank has $79.52 million in assets with $9.04 million in equity, resulting in a capitalization level of 11.36%, which is above average. |
|
