Institution Statistics
| MCDOWELL COUNTY | | NCUA # | 18950 | | BankRate Report | View | | Year Chartered | 1968 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $35,000 | | Loans | $10,000 | | Deposits | $21,000 | | Equity Capital | $13,000 | | Loan Loss Allowance | $1,000 | | Unbacked Noncurrent Loans | $1,000 |
Historic Data - December 2010 | | Assets | $34,000 | | Equity Capital | $14,000 | | Loan Loss Allowance | $1,000 |
Profit Margin - Quarterly | | Net Interest Margin | 20% | | Return on Assets | 0% | | Return on Equity | 0% | | Interest Income | $1,000 |
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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 Mcdowell County Credit Union had $1,000 in non-current loans and owned real-estate with $14,000 in equity and loan loss allowances on hand to cover it. This gives Mcdowell County Credit Union a Texas Ratio of 7.14% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Mcdowell County Credit Union has increased its total deposits by $2,000, resulting in 10.53% 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 Mcdowell County Credit Union has shown is excellent. | | 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. Mcdowell County Credit Union has $35,000 in assets with $14,000 in equity, resulting in a capitalization level of 40.00%, which is excellent. |
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