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Overview / Commentary
1168 Big Bethel Rd
Hampton, VA 23666

Hampton Roads Postal Cu, Inc. is headquartered in Hampton and is the 136th largest credit union in the state of Virginia. It is also the 5,716st largest credit union in the nation. It was established in 1952 and as of December of 2013, it had grown to 3 employees and 684 members. Hampton Roads Postal Cu, Inc. has a C health rating.

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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. Hampton Roads Postal Cu, Inc. has a very low asset base.

Texas Ratio

GRADE:
A+

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 Hampton Roads Postal Cu, Inc. had $14,000 in non-current loans and owned real-estate with $201,000 in equity and loan loss allowances on hand to cover it. This gives Hampton Roads Postal Cu, Inc. a Texas Ratio of 6.97% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Hampton Roads Postal Cu, Inc. decreased dramatically from 45.09% as of December 31, 2012 to 6.97% as of December 31, 2013, resulting in a positive change of 84.55%.This indicates that the balance sheet and financial strength for Hampton Roads Postal Cu, Inc. has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Hampton Roads Postal Cu, Inc. has decreased its total deposits by $-176,000, resulting in -6.09% 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 Hampton Roads Postal Cu, Inc. has shown is below average.

Capitalization

GRADE:
C-

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. Hampton Roads Postal Cu, Inc. has $2.92 million in assets with $201,000 in equity, resulting in a capitalization level of 6.90%, which is below average.

Institution Statistics

Overall
NCUA #66894
Year Chartered1952
Employees3
Primary Regulator
Assets and Liabilities
Assets$2.92 million
Loans$1.59 million
Deposits$2.72 million
Equity Capital$193,000
Loan Loss Allowance$8,000
Unbacked Noncurrent Loans$14,000
Real Estate Owned$0
Historic Data - December 2012
Assets$3.13 million
Equity Capital$214,000
Loan Loss Allowance$10,000
Unbacked Noncurrent Loans$14,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin11.23%
Return on Assets-0.72%
Return on Equity-10.88%
Interest Income$184,000
Rates

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Locations


Hampton Roads Postal Cu, Inc. Locations
Branch Office1168 Big Bethel RdHampton, VA 23666