Institution Statistics
| MEMORIAL | | NCUA # | 63802 | | BankRate Report | View | | Year Chartered | 1959 | | Employees | 6 | | Primary Regulator | |
Assets and Liabilities | | Assets | $8.06 million | | Loans | $4.30 million | | Deposits | $6.64 million | | Equity Capital | $1.39 million | | Loan Loss Allowance | $44,000 | | Unbacked Noncurrent Loans | $25,000 |
Historic Data - December 2010 | | Assets | $8.01 million | | Equity Capital | $1.41 million | | Loan Loss Allowance | $74,000 | | Unbacked Noncurrent Loans | $16,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.91% | | Return on Assets | -0.21% | | Return on Equity | -1.22% | | Interest Income | $400,000 | | Non-Interest Income | $140,000 |
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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 Memorial CU (TN) had $25,000 in non-current loans and owned real-estate with $1.44 million in equity and loan loss allowances on hand to cover it. This gives Memorial CU (TN) a Texas Ratio of 1.74% 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 Memorial CU (TN) held steady from 1.08% as of December 31, 2010 to 1.74% as of December 31, 2011, resulting in a negative change of 61.36%. This indicates that the balance sheet and financial strength for Memorial CU (TN) has held steady in recent periods. | | Deposit Growth |  | | In the past year, Memorial CU (TN) has increased its total deposits by $87,000, resulting in 1.33% 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 Memorial CU (TN) 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. Memorial CU (TN) has $8.06 million in assets with $1.44 million in equity, resulting in a capitalization level of 17.83%, which is excellent. |
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