Institution Statistics
| EAST CENTRAL | | NCUA # | 60841 | | BankRate Report | View | | Year Chartered | 1939 | | Employees | 3 | | Primary Regulator | |
Assets and Liabilities | | Assets | $8.10 million | | Loans | $3.34 million | | Deposits | $7.78 million | | Equity Capital | $361,000 | | Loan Loss Allowance | $40,000 | | Unbacked Noncurrent Loans | $60,000 |
Historic Data - December 2010 | | Assets | $7.92 million | | Equity Capital | $467,000 | | Loan Loss Allowance | $49,000 | | Unbacked Noncurrent Loans | $259,000 |
Profit Margin - Quarterly | | Net Interest Margin | 9.08% | | Return on Assets | -1.59% | | Return on Equity | -35.73% | | Interest Income | $327,000 | | Non-Interest Income | $91,000 |
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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 East Central CU (OK) had $60,000 in non-current loans and owned real-estate with $401,000 in equity and loan loss allowances on hand to cover it. This gives East Central CU (OK) a Texas Ratio of 14.96% 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 East Central CU (OK) decreased significantly from 50.19% as of December 31, 2010 to 14.96% as of December 31, 2011, resulting in a positive change of 70.19%.This indicates that the balance sheet and financial strength for East Central CU (OK) has improved significantly in recent periods. | | Deposit Growth | | | In the past year, East Central CU (OK) has increased its total deposits by $340,000, resulting in 4.57% 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 East Central CU (OK) has shown is above 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. East Central CU (OK) has $8.1 million in assets with $401,000 in equity, resulting in a capitalization level of 4.95%, which is poor. |
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