Institution Statistics
| CONCORD | | NCUA # | 7504 | | BankRate Report | View | | Year Chartered | 1951 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $8.10 million | | Loans | $354,000 | | Deposits | $6.52 million | | Equity Capital | $1.51 million | | Loan Loss Allowance | $3,000 | | Unbacked Noncurrent Loans | $8,000 |
Historic Data - December 2010 | | Assets | $8.05 million | | Equity Capital | $1.45 million | | Loan Loss Allowance | $3,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.89% | | Return on Assets | 0.53% | | Return on Equity | 2.86% | | Interest Income | $317,000 | | Non-Interest Income | $8,000 |
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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 Concord Credit Union had $8,000 in non-current loans and owned real-estate with $1.51 million in equity and loan loss allowances on hand to cover it. This gives Concord Credit Union a Texas Ratio of 0.53% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Concord Credit Union has decreased its total deposits by $-31,000, resulting in -0.47% 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 Concord Credit Union has shown is 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. Concord Credit Union has $8.1 million in assets with $1.51 million in equity, resulting in a capitalization level of 18.62%, which is excellent. |
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