Institution Statistics
| IBEW 968 | | NCUA # | 14020 | | BankRate Report | View | | Year Chartered | 1960 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $4.98 million | | Loans | $1.31 million | | Deposits | $4.28 million | | Equity Capital | $703,000 | | Loan Loss Allowance | $11,000 |
Historic Data - December 2011 | | Assets | $5.25 million | | Equity Capital | $693,000 | | Loan Loss Allowance | $10,000 | | Unbacked Noncurrent Loans | $7,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.98% | | Return on Assets | 0.2% | | Return on Equity | 1.42% | | Interest Income | $136,000 | | Non-Interest Income | $11,000 |
|
|
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, 2012 Ibew 968 Credit Union had $0 in non-current loans and owned real-estate with $714,000 in equity and loan loss allowances on hand to cover it. This gives Ibew 968 Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Ibew 968 Credit Union has decreased its total deposits by $-272,000, resulting in -5.97% 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 Ibew 968 Credit Union has shown is poor. | | 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. Ibew 968 Credit Union has $4.98 million in assets with $714,000 in equity, resulting in a capitalization level of 14.33%, which is excellent. |
|
