Institution Statistics
| MT OLIVET | | NCUA # | 14236 | | BankRate Report | View | | Year Chartered | 1961 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $319,000 | | Loans | $115,000 | | Deposits | $280,000 | | Equity Capital | $37,000 | | Loan Loss Allowance | $2,000 | | Unbacked Noncurrent Loans | $7,000 |
Historic Data - December 2010 | | Assets | $401,000 | | Equity Capital | $37,000 | | Loan Loss Allowance | $1,000 |
Profit Margin - Quarterly | | Net Interest Margin | 10.43% | | Return on Assets | 0.31% | | Return on Equity | 2.7% | | Interest Income | $12,000 | | Non-Interest Income | $4,000 |
|
|
Institution Health
Overall Score:
3 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 Mt Olivet Credit Union had $7,000 in non-current loans and owned real-estate with $39,000 in equity and loan loss allowances on hand to cover it. This gives Mt Olivet Credit Union a Texas Ratio of 17.95% which is average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Mt Olivet Credit Union has decreased its total deposits by $-82,000, resulting in -22.65% 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 Mt Olivet Credit Union has shown is poor. | | 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. Mt Olivet Credit Union has $319,000 in assets with $39,000 in equity, resulting in a capitalization level of 12.23%, which is excellent. |
|
