Institution Statistics
| BLENNERHASSETT | | NCUA # | 10540 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $5.94 million | | Loans | $3.67 million | | Deposits | $4.60 million | | Equity Capital | $1.33 million | | Loan Loss Allowance | $12,000 | | Unbacked Noncurrent Loans | $254,000 |
Historic Data - December 2011 | | Assets | $6.27 million | | Equity Capital | $1.33 million | | Loan Loss Allowance | $31,000 | | Unbacked Noncurrent Loans | $125,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.34% | | Return on Assets | 0.03% | | Return on Equity | 0.15% | | Interest Income | $237,000 | | Non-Interest Income | $4,000 |
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Institution Health
Overall Score:
3 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, 2012 Blennerhassett Credit Union had $254,000 in non-current loans and owned real-estate with $1.34 million in equity and loan loss allowances on hand to cover it. This gives Blennerhassett Credit Union a Texas Ratio of 18.93% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Blennerhassett Credit Union increased slightly from 9.21% as of December 31, 2011 to 18.93% as of December 31, 2012, resulting in a negative change of 105.47%. This indicates that the balance sheet and financial strength for Blennerhassett Credit Union has declined slightly in recent periods. | | Deposit Growth |  | | In the past year, Blennerhassett Credit Union has decreased its total deposits by $-333,000, resulting in -6.75% 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 Blennerhassett Credit Union has shown is poor. | | 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. Blennerhassett Credit Union has $5.94 million in assets with $1.34 million in equity, resulting in a capitalization level of 22.60%, which is excellent. |
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