Institution Statistics
| CREDIT UNION PLUS | | NCUA # | 61296 | | BankRate Report | View | | Year Chartered | 1963 | | Employees | 21 | | Primary Regulator | |
Assets and Liabilities | | Assets | $39.21 million | | Loans | $20.68 million | | Deposits | $34.53 million | | Equity Capital | $4.31 million | | Loan Loss Allowance | $280,000 | | Unbacked Noncurrent Loans | $908,000 | | Real Estate Owned | $408,000 |
Historic Data - December 2010 | | Assets | $37.48 million | | Equity Capital | $4.63 million | | Loan Loss Allowance | $281,000 | | Unbacked Noncurrent Loans | $655,000 | | Real Estate Owned | $507,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.45% | | Return on Assets | -0.78% | | Return on Equity | -7.12% | | Interest Income | $1.63 million | | Non-Interest Income | $375,000 |
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Institution Health
Overall Score:
4 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 Credit Union Plus had $1.32 million in non-current loans and owned real-estate with $4.59 million in equity and loan loss allowances on hand to cover it. This gives Credit Union Plus a Texas Ratio of 28.65% 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 Credit Union Plus held steady from 23.66% as of December 31, 2010 to 28.65% as of December 31, 2011, resulting in a negative change of 21.09%. This indicates that the balance sheet and financial strength for Credit Union Plus has held steady in recent periods. | | Deposit Growth |  | | In the past year, Credit Union Plus has increased its total deposits by $1.96 million, resulting in 6.02% 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 Credit Union Plus has shown is excellent. | | 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. Credit Union Plus has $39.21 million in assets with $4.59 million in equity, resulting in a capitalization level of 11.71%, which is above average. |
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