Institution Statistics
| KOKOMO HERITAGE | | NCUA # | 13187 | | BankRate Report | View | | Year Chartered | 1959 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $6.44 million | | Loans | $5.47 million | | Deposits | $5.53 million | | Equity Capital | $895,000 | | Loan Loss Allowance | $37,000 | | Unbacked Noncurrent Loans | $36,000 |
Historic Data - December 2010 | | Assets | $6.75 million | | Equity Capital | $859,000 | | Loan Loss Allowance | $29,000 | | Unbacked Noncurrent Loans | $68,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.63% | | Return on Assets | 0.54% | | Return on Equity | 3.91% | | Interest Income | $359,000 | | Non-Interest Income | $162,000 |
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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, 2011 Kokomo Heritage Credit Union had $36,000 in non-current loans and owned real-estate with $932,000 in equity and loan loss allowances on hand to cover it. This gives Kokomo Heritage Credit Union a Texas Ratio of 3.86% 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 Kokomo Heritage Credit Union decreased significantly from 7.66% as of December 31, 2010 to 3.86% as of December 31, 2011, resulting in a positive change of 49.56%.This indicates that the balance sheet and financial strength for Kokomo Heritage Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Kokomo Heritage Credit Union has decreased its total deposits by $-353,000, resulting in -6% 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 Kokomo Heritage 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. Kokomo Heritage Credit Union has $6.44 million in assets with $932,000 in equity, resulting in a capitalization level of 14.48%, which is excellent. |
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