Institution Statistics
| BI-MART | | NCUA # | 19847 | | BankRate Report | View | | Year Chartered | 1969 | | Employees | 3 | | Primary Regulator | |
Assets and Liabilities | | Assets | $6.67 million | | Loans | $3.92 million | | Deposits | $5.91 million | | Equity Capital | $712,000 | | Loan Loss Allowance | $11,000 | | Unbacked Noncurrent Loans | $46,000 |
Historic Data - December 2010 | | Assets | $6.58 million | | Equity Capital | $745,000 | | Loan Loss Allowance | $10,000 | | Unbacked Noncurrent Loans | $36,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.43% | | Return on Assets | -0.46% | | Return on Equity | -4.35% | | Interest Income | $224,000 | | Non-Interest Income | $28,000 |
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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 December 31, 2011 Bi-Mart Credit Union had $46,000 in non-current loans and owned real-estate with $723,000 in equity and loan loss allowances on hand to cover it. This gives Bi-Mart Credit Union a Texas Ratio of 6.36% 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 Bi-Mart Credit Union held steady from 4.77% as of December 31, 2010 to 6.36% as of December 31, 2011, resulting in a negative change of 33.43%. This indicates that the balance sheet and financial strength for Bi-Mart Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Bi-Mart Credit Union has increased its total deposits by $124,000, resulting in 2.14% 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 Bi-Mart Credit Union 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. Bi-Mart Credit Union has $6.67 million in assets with $723,000 in equity, resulting in a capitalization level of 10.84%, which is above average. |
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