Institution Statistics
| DESERT MEDICAL | | NCUA # | 20214 | | BankRate Report | View | | Year Chartered | 1970 | | Employees | 3 | | Primary Regulator | |
Assets and Liabilities | | Assets | $9.74 million | | Loans | $5.56 million | | Deposits | $8.76 million | | Equity Capital | $804,000 | | Loan Loss Allowance | $60,000 | | Unbacked Noncurrent Loans | $3,000 |
Historic Data - December 2010 | | Assets | $8.89 million | | Equity Capital | $745,000 | | Loan Loss Allowance | $60,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.37% | | Return on Assets | 0.6% | | Return on Equity | 7.21% | | Interest Income | $462,000 | | Non-Interest Income | $80,000 |
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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 Desert Medical Credit Union had $3,000 in non-current loans and owned real-estate with $864,000 in equity and loan loss allowances on hand to cover it. This gives Desert Medical Credit Union a Texas Ratio of 0.35% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Desert Medical Credit Union has increased its total deposits by $691,000, resulting in 8.57% 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 Medical 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 Medical Credit Union has $9.74 million in assets with $864,000 in equity, resulting in a capitalization level of 8.87%, which is average. |
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