Institution Statistics
| Morgan Federal Bank | | OTS # | 03451 | | FDIC Certificate # | 29439 | | BankRate Report | View | | Year Established | 1935 | | Employees | 27 | | Primary Regulator | OCC |
Assets and Liabilities | | Assets | $103.14 million | | Loans | $42.28 million | | Deposits | $76.97 million | | Equity Capital | $11.05 million | | Loan Loss Allowance | $290,000 | | Real Estate Owned | $707,000 |
Historic Data - March 2011 | | Assets | $107.93 million | | Equity Capital | $10.30 million | | Loan Loss Allowance | $265,000 | | Unbacked Noncurrent Loans | $220,000 | | Real Estate Owned | $1.35 million |
Profit Margin - Quarterly | | Net Interest Margin | 2.82% | | Return on Assets | 0.62% | | Return on Equity | 5.87% | | Interest Income | $931,000 |
|
|
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 March 31, 2012 Morgan Federal Bank had $707,000 in non-current loans and owned real-estate with $11.34 million in equity and loan loss allowances on hand to cover it. This gives Morgan Federal Bank a Texas Ratio of 6.24% 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 Morgan Federal Bank decreased significantly from 14.87% as of March 31, 2011 to 6.24% as of March 31, 2012, resulting in a positive change of 58.06%.This indicates that the balance sheet and financial strength for Morgan Federal Bank has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Morgan Federal Bank has decreased its total deposits by -$2.56 million, resulting in -3.22% 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 Morgan Federal Bank has shown is below 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. Morgan Federal Bank has $103.14 million in assets with $11.34 million in equity, resulting in a capitalization level of 10.99%, which is above average. |
|
