Institution Statistics
| MEA | | NCUA # | 65896 | | BankRate Report | View | | Year Chartered | 1958 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $249,000 | | Loans | $120,000 | | Deposits | $223,000 | | Equity Capital | $26,000 | | Loan Loss Allowance | $1,000 | | Unbacked Noncurrent Loans | $1,000 |
Historic Data - December 2010 | | Assets | $198,000 | | Equity Capital | $25,000 | | Loan Loss Allowance | $1,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.38% | | Return on Assets | 0% | | Return on Equity | 0% | | Interest Income | $7,000 |
|
|
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 Mea Credit Union had $1,000 in non-current loans and owned real-estate with $27,000 in equity and loan loss allowances on hand to cover it. This gives Mea Credit Union a Texas Ratio of 3.70% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Mea Credit Union has increased its total deposits by $50,000, resulting in 28.9% 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 Mea 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. Mea Credit Union has $249,000 in assets with $27,000 in equity, resulting in a capitalization level of 10.84%, which is above average. |
|
