Christ The King Parish Credit Union

Christ The King Parish Credit Union Locations
5417 Leavenworth Rd
Kansas City, KS 66104



Christ The King Parish Credit Union is headquartered in Kansas City and is the 83rd largest credit union in the state of Kansas. It is also the 6,312st largest credit union in the nation. It was established in 1952 and as of December of 2011, it had grown to employees and 754 members. Christ The King Parish Credit Union has a 5-star health rating.


Data for Q4 2011


Institution Statistics


CHRIST THE KING PARISH
NCUA #8072
BankRate ReportView
Year Chartered1952
Employees0
Primary Regulator

Assets and Liabilities

Assets$2.05 million
Loans$574,000
Deposits$1.82 million
Equity Capital$223,000
Loan Loss Allowance$9,000
Unbacked Noncurrent Loans$9,000

Historic Data - December 2010

Assets$2.01 million
Equity Capital$230,000
Loan Loss Allowance$10,000
Unbacked Noncurrent Loans$50,000

Profit Margin - Quarterly

Net Interest Margin4.97%
Return on Assets-0.34%
Return on Equity-3.14%
Interest Income$44,000
Non-Interest Income$12,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Christ The King Parish Credit Union had $9,000 in non-current loans and owned real-estate with $232,000 in equity and loan loss allowances on hand to cover it. This gives Christ The King Parish Credit Union a Texas Ratio of 3.88% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend5
The Texas Ratio for Christ The King Parish Credit Union decreased significantly from 20.83% as of December 31, 2010 to 3.88% as of December 31, 2011, resulting in a positive change of 81.38%.This indicates that the balance sheet and financial strength for Christ The King Parish Credit Union has improved significantly in recent periods.
Deposit Growth4
In the past year, Christ The King Parish Credit Union has increased its total deposits by $65,000, resulting in 3.7% 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 Christ The King Parish Credit Union has shown is above average.
Capitalization4
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. Christ The King Parish Credit Union has $2.05 million in assets with $232,000 in equity, resulting in a capitalization level of 11.32%, which is above average.
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