Institution Statistics
| MEADOWLAND | | NCUA # | 66618 | | BankRate Report | View | | Year Chartered | 1957 | | Employees | 5 | | Primary Regulator | |
Assets and Liabilities | | Assets | $12.65 million | | Loans | $11.20 million | | Deposits | $11.17 million | | Equity Capital | $1.34 million | | Loan Loss Allowance | $93,000 | | Unbacked Noncurrent Loans | $74,000 |
Historic Data - December 2010 | | Assets | $11.64 million | | Equity Capital | $1.15 million | | Loan Loss Allowance | $78,000 | | Unbacked Noncurrent Loans | $66,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.7% | | Return on Assets | 1.49% | | Return on Equity | 14.04% | | Interest Income | $657,000 | | Non-Interest Income | $73,000 |
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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 Meadowland Credit Union had $74,000 in non-current loans and owned real-estate with $1.43 million in equity and loan loss allowances on hand to cover it. This gives Meadowland Credit Union a Texas Ratio of 5.17% 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 Meadowland Credit Union held steady from 5.37% as of December 31, 2010 to 5.17% as of December 31, 2011, resulting in a positive change of 3.77%.This indicates that the balance sheet and financial strength for Meadowland Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, Meadowland Credit Union has increased its total deposits by $702,000, resulting in 6.71% 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 Meadowland 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. Meadowland Credit Union has $12.65 million in assets with $1.43 million in equity, resulting in a capitalization level of 11.32%, which is above average. |
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