Mildred Mitchell-Bateman Hospital Credit Union

1530 Norway Ave
Huntington, WV 25705



Mildred Mitchell-Bateman Hospital Credit Union is headquartered in Huntington and is the 103rd largest credit union in the state of West Virginia. It is also the 7,224th largest credit union in the nation. It was established in 1980 and as of December of 2011, it had grown to employees and 112 members. Mildred Mitchell-Bateman Hospital Credit Union has a 5-star health rating.


Data for Q4 2011


Institution Statistics


MILDRED MITCHELL-BATEMAN HOSPITAL
NCUA #23591
BankRate ReportView
Year Chartered1980
Employees0
Primary Regulator

Assets and Liabilities

Assets$46,000
Loans$25,000
Deposits$16,000
Equity Capital$30,000
Loan Loss Allowance$1,000

Historic Data - December 2010

Assets$44,000
Equity Capital$31,000
Loan Loss Allowance$1,000

Profit Margin - Quarterly

Net Interest Margin8%
Return on Assets0%
Return on Equity0%
Interest Income$2,000

Institution Health


Overall Score:
5 out of 5
5
Texas Ratio5
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 Mildred Mitchell-Bateman Hospital Credit Union had $0 in non-current loans and owned real-estate with $31,000 in equity and loan loss allowances on hand to cover it. This gives Mildred Mitchell-Bateman Hospital Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Deposit Growth5
In the past year, Mildred Mitchell-Bateman Hospital Credit Union has increased its total deposits by $3,000, resulting in 23.08% 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 Mildred Mitchell-Bateman Hospital Credit Union has shown is excellent.
Capitalization5
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. Mildred Mitchell-Bateman Hospital Credit Union has $46,000 in assets with $31,000 in equity, resulting in a capitalization level of 67.39%, which is excellent.
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