Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Fellowship CU (CO) has a low asset base.
The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Fellowship CU (CO) had $224,000 in non-current loans and owned real-estate with $1.57 million in equity and loan loss allowances on hand to cover it. This gives Fellowship CU (CO) a Texas Ratio of 14.23% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Fellowship CU (CO) experienced no significant changes from 13.09% as of March 31, 2013 to 14.23% as of March 31, 2014, resulting in a negative change of 8.75%. This indicates that the balance sheet and financial strength for Fellowship CU (CO) has had no significant changes in recent periods.
In the past year, Fellowship CU (CO) has decreased its total deposits by $-581,000, resulting in -5.45% 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 Fellowship CU (CO) has shown is below average.
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. Fellowship CU (CO) has $11.52 million in assets with $1.57 million in equity, resulting in a capitalization level of 13.66%, which is excellent.