Institution Statistics
| MOORHEAD | | NCUA # | 24638 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $6.79 million | | Loans | $2.20 million | | Deposits | $6.36 million | | Equity Capital | $412,000 | | Loan Loss Allowance | $4,000 | | Unbacked Noncurrent Loans | $3,000 |
Historic Data - December 2010 | | Assets | $6.65 million | | Equity Capital | $487,000 | | Loan Loss Allowance | $3,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.42% | | Return on Assets | -1.11% | | Return on Equity | -18.2% | | Interest Income | $152,000 | | Non-Interest Income | $28,000 |
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Institution Health
Overall Score:
4 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 Moorhead Credit Union had $3,000 in non-current loans and owned real-estate with $416,000 in equity and loan loss allowances on hand to cover it. This gives Moorhead Credit Union a Texas Ratio of 0.72% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Moorhead Credit Union has increased its total deposits by $220,000, resulting in 3.58% 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 Moorhead Credit Union 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. Moorhead Credit Union has $6.78 million in assets with $416,000 in equity, resulting in a capitalization level of 6.13%, which is below average. |
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