Institution Statistics
| DESERT COMMUNITIES | | NCUA # | 9821 | | BankRate Report | View | | Year Chartered | 1954 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $19.29 million | | Loans | $5.70 million | | Deposits | $17.36 million | | Equity Capital | $1.85 million | | Loan Loss Allowance | $134,000 | | Unbacked Noncurrent Loans | $212,000 | | Real Estate Owned | $29,000 |
Historic Data - December 2011 | | Assets | $18.41 million | | Equity Capital | $2.02 million | | Loan Loss Allowance | $95,000 | | Unbacked Noncurrent Loans | $240,000 |
Profit Margin - Quarterly | | Net Interest Margin | 8.35% | | Return on Assets | -0.84% | | Return on Equity | -8.74% | | Interest Income | $591,000 | | Non-Interest Income | $161,000 |
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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, 2012 Desert Communities Credit Union had $241,000 in non-current loans and owned real-estate with $1.99 million in equity and loan loss allowances on hand to cover it. This gives Desert Communities Credit Union a Texas Ratio of 12.12% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Desert Communities Credit Union held steady from 11.37% as of December 31, 2011 to 12.12% as of December 31, 2012, resulting in a negative change of 6.58%. This indicates that the balance sheet and financial strength for Desert Communities Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Desert Communities Credit Union has increased its total deposits by $1.02 million, resulting in 6.27% 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 Desert Communities Credit Union 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. Desert Communities Credit Union has $19.29 million in assets with $1.99 million in equity, resulting in a capitalization level of 10.31%, which is above average. |
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