Institution Statistics
| KINGS | | NCUA # | 10395 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 15 | | Primary Regulator | |
Assets and Liabilities | | Assets | $84.42 million | | Loans | $43.17 million | | Deposits | $71.25 million | | Equity Capital | $13.31 million | | Loan Loss Allowance | $789,000 | | Unbacked Noncurrent Loans | $193,000 |
Historic Data - December 2011 | | Assets | $81.15 million | | Equity Capital | $12.44 million | | Loan Loss Allowance | $871,000 | | Unbacked Noncurrent Loans | $267,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.91% | | Return on Assets | 1.03% | | Return on Equity | 6.55% | | Interest Income | $2.53 million | | Non-Interest Income | $826,000 |
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Institution Health
Overall Score:
5 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 Kings Credit Union had $193,000 in non-current loans and owned real-estate with $14.1 million in equity and loan loss allowances on hand to cover it. This gives Kings Credit Union a Texas Ratio of 1.37% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Kings Credit Union decreased slightly from 2.01% as of December 31, 2011 to 1.37% as of December 31, 2012, resulting in a positive change of 31.77%.This indicates that the balance sheet and financial strength for Kings Credit Union has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Kings Credit Union has increased its total deposits by $2.87 million, resulting in 4.19% 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 Kings Credit Union has shown is above average. | | 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. Kings Credit Union has $84.42 million in assets with $14.1 million in equity, resulting in a capitalization level of 16.70%, which is excellent. |
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