Institution Statistics
| BAY | | NCUA # | 63262 | | BankRate Report | View | | Year Chartered | 1952 | | Employees | 31 | | Primary Regulator | |
Assets and Liabilities | | Assets | $66.37 million | | Loans | $46.82 million | | Deposits | $58.65 million | | Equity Capital | $6.59 million | | Loan Loss Allowance | $671,000 | | Unbacked Noncurrent Loans | $569,000 | | Real Estate Owned | $472,000 |
Historic Data - December 2010 | | Assets | $63.77 million | | Equity Capital | $6.35 million | | Loan Loss Allowance | $553,000 | | Unbacked Noncurrent Loans | $355,000 | | Real Estate Owned | $35,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.55% | | Return on Assets | 0.6% | | Return on Equity | 6.04% | | Interest Income | $3.51 million | | Non-Interest Income | $962,000 |
|
|
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 Bay CU (FL) had $1.04 million in non-current loans and owned real-estate with $7.26 million in equity and loan loss allowances on hand to cover it. This gives Bay CU (FL) a Texas Ratio of 14.34% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Bay CU (FL) increased slightly from 5.65% as of December 31, 2010 to 14.34% as of December 31, 2011, resulting in a negative change of 153.80%. This indicates that the balance sheet and financial strength for Bay CU (FL) has declined slightly in recent periods. | | Deposit Growth | | | In the past year, Bay CU (FL) has increased its total deposits by $2.11 million, resulting in 3.74% 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 Bay CU (FL) has shown is above average. | | 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. Bay CU (FL) has $66.37 million in assets with $7.26 million in equity, resulting in a capitalization level of 10.94%, which is above average. |
|
