Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Hamakua Coast Community Credit Union

Hamakua Coast Community Credit Union
Overview / Commentary
P.O. Box 848
Pepeekeo, HI 96783

Hamakua Coast Community Credit Union is headquartered in Pepeekeo and is the 59th largest credit union in the state of Hawaii. It is also the 3,821st largest credit union in the nation. It was established in 1937 and as of December of 2013, it had grown to 5 employees and 2,113 members. Hamakua Coast Community Credit Union has a C+ health rating.

No reviews have been left for this bank yet. Be the first to review.



Health

Data for Q4 2013

Institution Health

C+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Hamakua Coast Community Credit Union has a low asset base.

Texas Ratio

GRADE:
B+

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, 2013 Hamakua Coast Community Credit Union had $342,000 in non-current loans and owned real-estate with $2.64 million in equity and loan loss allowances on hand to cover it. This gives Hamakua Coast Community Credit Union a Texas Ratio of 12.95% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C-

The Texas Ratio for Hamakua Coast Community Credit Union increased slightly from 5.68% as of December 31, 2012 to 12.95% as of December 31, 2013, resulting in a negative change of 128.13%. This indicates that the balance sheet and financial strength for Hamakua Coast Community Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
B+

In the past year, Hamakua Coast Community Credit Union has increased its total deposits by $319,000, resulting in 2.43% 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 Hamakua Coast Community Credit Union has shown is above average.

Capitalization

GRADE:
A+

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. Hamakua Coast Community Credit Union has $16.02 million in assets with $2.64 million in equity, resulting in a capitalization level of 16.49%, which is excellent.

Institution Statistics

Overall
NCUA #2280
Year Chartered1937
Employees5
Primary Regulator
Assets and Liabilities
Assets$16.02 million
Loans$5.83 million
Deposits$13.45 million
Equity Capital$2.56 million
Loan Loss Allowance$85,000
Unbacked Noncurrent Loans$342,000
Real Estate Owned$0
Historic Data - December 2012
Assets$15.86 million
Equity Capital$2.63 million
Loan Loss Allowance$81,000
Unbacked Noncurrent Loans$342,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin6.19%
Return on Assets-0.47%
Return on Equity-2.97%
Interest Income$540,000
Rates

Sorry, we do not have rate data for Hamakua Coast Community Credit Union

Locations


Hamakua Coast Community Credit Union Locations
Branch Office28-490 Kaakepa StreetPepeekeo, HI 96783