Institution Statistics
| ENGINEERS | | NCUA # | 24440 | | BankRate Report | View | | Year Chartered | 1948 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $3.54 million | | Loans | $1.53 million | | Deposits | $3.21 million | | Equity Capital | $317,000 | | Loan Loss Allowance | $16,000 |
Historic Data - December 2010 | | Assets | $3.55 million | | Equity Capital | $293,000 | | Loan Loss Allowance | $9,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.43% | | Return on Assets | 0.73% | | Return on Equity | 8.2% | | Interest Income | $123,000 |
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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 Engineers Credit Union had $0 in non-current loans and owned real-estate with $333,000 in equity and loan loss allowances on hand to cover it. This gives Engineers Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Engineers Credit Union has decreased its total deposits by $-31,000, resulting in -0.96% 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 Engineers 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. Engineers Credit Union has $3.54 million in assets with $333,000 in equity, resulting in a capitalization level of 9.41%, which is average. |
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