Institution Statistics
| GLENVIEW | | NCUA # | 62354 | | BankRate Report | View | | Year Chartered | 1941 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $13.82 million | | Loans | $3.49 million | | Deposits | $12.91 million | | Equity Capital | $890,000 | | Loan Loss Allowance | $22,000 | | Unbacked Noncurrent Loans | $14,000 |
Historic Data - December 2010 | | Assets | $13.13 million | | Equity Capital | $851,000 | | Loan Loss Allowance | $22,000 | | Unbacked Noncurrent Loans | $24,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7% | | Return on Assets | 0.28% | | Return on Equity | 4.38% | | Interest Income | $412,000 | | Non-Interest Income | $220,000 |
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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 Glenview Credit Union had $14,000 in non-current loans and owned real-estate with $912,000 in equity and loan loss allowances on hand to cover it. This gives Glenview Credit Union a Texas Ratio of 1.54% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Glenview Credit Union decreased significantly from 2.75% as of December 31, 2010 to 1.54% as of December 31, 2011, resulting in a positive change of 44.16%.This indicates that the balance sheet and financial strength for Glenview Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Glenview Credit Union has increased its total deposits by $635,000, resulting in 5.17% 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 Glenview 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. Glenview Credit Union has $13.82 million in assets with $912,000 in equity, resulting in a capitalization level of 6.60%, which is below average. |
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