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Community Trust Credit Union (FL)

Community Trust Credit Union (FL)
Overview / Commentary
825 S Park Ave
Apopka, FL 32703

Community Trust Credit Union (FL) is headquartered in Apopka and is the 142nd largest credit union in the state of Florida. It is also the 4,865th largest credit union in the nation. It was established in 1982 and as of March of 2014, it had grown to 3 employees and 2,583 members. Community Trust Credit Union (FL) has a C health rating.

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Health

Data for Q1 2014

Institution Health

C
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Community Trust Credit Union (FL) has a very low asset base.

Texas Ratio

GRADE:
B

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Community Trust Credit Union (FL) had $118,000 in non-current loans and owned real-estate with $557,000 in equity and loan loss allowances on hand to cover it. This gives Community Trust Credit Union (FL) a Texas Ratio of 21.18% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Community Trust Credit Union (FL) experienced no significant changes from 19.81% as of March 31, 2013 to 21.18% as of March 31, 2014, resulting in a negative change of 6.94%. This indicates that the balance sheet and financial strength for Community Trust Credit Union (FL) has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Community Trust Credit Union (FL) has increased its total deposits by $462,000, resulting in 7.21% 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 Community Trust Credit Union (FL) has shown is excellent.

Capitalization

GRADE:
C-

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. Community Trust Credit Union (FL) has $7.4 million in assets with $517,000 in equity, resulting in a capitalization level of 6.99%, which is below average.

Institution Statistics

Overall
NCUA #23948
Year Chartered1982
Employees3
Primary Regulator
Assets and Liabilities
Assets$7.40 million
Loans$4.57 million
Deposits$6.87 million
Equity Capital$475,000
Secondary Capital$40,000
Loan Loss Allowance$42,000
Unbacked Noncurrent Loans$118,000
Real Estate Owned$0
Historic Data - March 2013
Assets$6.91 million
Equity Capital$449,000
Loan Loss Allowance$76,000
Unbacked Noncurrent Loans$118,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.68%
Return on Assets0.22%
Return on Equity3.37%
Interest Income$80,000
Rates

Sorry, we do not have rate data for Community Trust Credit Union (FL)

Locations


Community Trust Credit Union (FL) Locations
Branch Office825 S Park AveApopka, FL 32703