Institution Statistics
| FIRST COMMUNITY | | NCUA # | 68530 | | BankRate Report | View | | Year Chartered | 1957 | | Employees | 254 | | Primary Regulator | |
Assets and Liabilities | | Assets | $752.02 million | | Loans | $386.01 million | | Deposits | $677.13 million | | Equity Capital | $69.56 million | | Loan Loss Allowance | $5.17 million | | Unbacked Noncurrent Loans | $6.99 million | | Real Estate Owned | $2.81 million |
Historic Data - December 2011 | | Assets | $709.27 million | | Equity Capital | $61.78 million | | Loan Loss Allowance | $3.34 million | | Unbacked Noncurrent Loans | $8.51 million | | Real Estate Owned | $1.60 million |
Profit Margin - Quarterly | | Net Interest Margin | 6.85% | | Return on Assets | 1.03% | | Return on Equity | 11.18% | | Interest Income | $30.05 million | | Non-Interest Income | $10.77 million |
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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, 2012 First Community CU (OR) had $9.8 million in non-current loans and owned real-estate with $74.72 million in equity and loan loss allowances on hand to cover it. This gives First Community CU (OR) a Texas Ratio of 13.11% 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 First Community CU (OR) decreased slightly from 15.52% as of December 31, 2011 to 13.11% as of December 31, 2012, resulting in a positive change of 15.51%.This indicates that the balance sheet and financial strength for First Community CU (OR) has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, First Community CU (OR) has increased its total deposits by $35.34 million, resulting in 5.51% 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 First Community CU (OR) 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. First Community CU (OR) has $752.02 million in assets with $74.72 million in equity, resulting in a capitalization level of 9.94%, which is average. |
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Average User Rating:
A Great Place For Banking!
I have a business checking account and home insurance with this credit union. It is a great place to do your banking. Everyone is very friendly and knows each customer by name. What a change to be known by your name not just by a number! I have recommended clients, friends and family to this credit union. Many have gotten their car loans, mortgages, credit cards and other services here. Loan rates are competitive. These people will work with you to make sure your needs are taken care of. The employees are involved in our community with rotary, greeters, and other services.