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Overview / Commentary
415-883-5957
11 Digital Dr Ste D
Novato, CA 94949

Hamilton Credit Union is headquartered in Novato and is the 264th largest credit union in the state of California. It is also the 3,318st largest credit union in the nation. It was established in 1954 and as of March of 2014, it had grown to 4 employees and 1,809 members. Hamilton Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live or work within the Hamilton Air Force Base. - See Details

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Health

Data for Q1 2014

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. Hamilton Credit Union has a low asset base.

Texas Ratio

GRADE:
B+

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 Hamilton Credit Union had $511,000 in non-current loans and owned real-estate with $3.94 million in equity and loan loss allowances on hand to cover it. This gives Hamilton 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 Hamilton Credit Union increased slightly from 2.01% as of March 31, 2013 to 12.95% as of March 31, 2014, resulting in a negative change of 544.49%. This indicates that the balance sheet and financial strength for Hamilton Credit Union has declined slightly in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Hamilton Credit Union has decreased its total deposits by $-562,000, resulting in -2.71% 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 Hamilton Credit Union has shown is below 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. Hamilton Credit Union has $23.67 million in assets with $3.94 million in equity, resulting in a capitalization level of 16.67%, which is excellent.

Institution Statistics

Overall
NCUA #9536
Year Chartered1954
Employees4
Primary Regulator
Assets and Liabilities
Assets$23.67 million
Loans$8.55 million
Deposits$20.14 million
Equity Capital$3.42 million
Loan Loss Allowance$523,000
Unbacked Noncurrent Loans$511,000
Real Estate Owned$0
Historic Data - March 2013
Assets$24.83 million
Equity Capital$4.09 million
Loan Loss Allowance$190,000
Unbacked Noncurrent Loans$511,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.16%
Return on Assets-5.83%
Return on Equity-40.33%
Interest Income$132,000
Rates

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Locations


Hamilton Credit Union Locations
Branch Office11 Digital Dr Ste DNovato, CA 94949