Institution Statistics
| FAITH BASED | | NCUA # | 24687 | | BankRate Report | View | | Year Chartered | 2003 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.11 million | | Loans | $361,000 | | Deposits | $961,000 | | Equity Capital | $104,000 | | Loan Loss Allowance | $19,000 |
Historic Data - December 2010 | | Assets | $872,000 | | Equity Capital | $135,000 | | Loan Loss Allowance | $17,000 |
Profit Margin - Quarterly | | Net Interest Margin | 9.21% | | Return on Assets | 0% | | Return on Equity | 0% | | Interest Income | $36,000 | | Non-Interest Income | $28,000 |
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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 Faith Based Credit Union had $0 in non-current loans and owned real-estate with $123,000 in equity and loan loss allowances on hand to cover it. This gives Faith Based 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, Faith Based Credit Union has increased its total deposits by $261,000, resulting in 37.29% 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 Faith Based 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. Faith Based Credit Union has $1.11 million in assets with $123,000 in equity, resulting in a capitalization level of 11.10%, which is above average. |
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