Institution Statistics
| GREATER KINSTON | | NCUA # | 64034 | | BankRate Report | View | | Year Chartered | 1952 | | Employees | 5 | | Primary Regulator | |
Assets and Liabilities | | Assets | $16.83 million | | Loans | $5.80 million | | Deposits | $14.86 million | | Equity Capital | $1.53 million | | Loan Loss Allowance | $132,000 | | Unbacked Noncurrent Loans | $113,000 | | Real Estate Owned | $77,000 |
Historic Data - December 2010 | | Assets | $16.05 million | | Equity Capital | $1.56 million | | Loan Loss Allowance | $160,000 | | Unbacked Noncurrent Loans | $121,000 | | Real Estate Owned | $184,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.56% | | Return on Assets | -0.21% | | Return on Equity | -2.35% | | Interest Income | $579,000 | | Non-Interest Income | $390,000 |
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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, 2011 Greater Kinston Credit Union had $190,000 in non-current loans and owned real-estate with $1.66 million in equity and loan loss allowances on hand to cover it. This gives Greater Kinston Credit Union a Texas Ratio of 11.41% 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 Greater Kinston Credit Union decreased slightly from 17.70% as of December 31, 2010 to 11.41% as of December 31, 2011, resulting in a positive change of 35.53%.This indicates that the balance sheet and financial strength for Greater Kinston Credit Union has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Greater Kinston Credit Union has increased its total deposits by $1.24 million, resulting in 9.11% 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 Greater Kinston 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. Greater Kinston Credit Union has $16.83 million in assets with $1.66 million in equity, resulting in a capitalization level of 9.89%, which is average. |
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