Institution Statistics
| FAMILY 1 | | NCUA # | 16399 | | BankRate Report | View | | Year Chartered | 1964 | | Employees | 6 | | Primary Regulator | |
Assets and Liabilities | | Assets | $24.25 million | | Loans | $14.94 million | | Deposits | $22.23 million | | Equity Capital | $1.90 million | | Loan Loss Allowance | $945,000 | | Unbacked Noncurrent Loans | $1.03 million | | Real Estate Owned | $150,000 |
Historic Data - December 2010 | | Assets | $24.50 million | | Equity Capital | $2.02 million | | Loan Loss Allowance | $1.05 million | | Unbacked Noncurrent Loans | $1.10 million | | Real Estate Owned | $248,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.75% | | Return on Assets | -0.51% | | Return on Equity | -6.48% | | Interest Income | $1.02 million | | Non-Interest Income | $279,000 |
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Institution Health
Overall Score:
3 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 Family 1 Credit Union had $1.18 million in non-current loans and owned real-estate with $2.84 million in equity and loan loss allowances on hand to cover it. This gives Family 1 Credit Union a Texas Ratio of 41.44% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Family 1 Credit Union held steady from 43.75% as of December 31, 2010 to 41.44% as of December 31, 2011, resulting in a positive change of 5.29%.This indicates that the balance sheet and financial strength for Family 1 Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, Family 1 Credit Union has decreased its total deposits by $-130,000, resulting in -0.58% 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 Family 1 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. Family 1 Credit Union has $24.25 million in assets with $2.84 million in equity, resulting in a capitalization level of 11.72%, which is above average. |
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