Institution Statistics
| N.I.C.E. | | NCUA # | 24039 | | BankRate Report | View | | Year Chartered | 1983 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.40 million | | Loans | $949,000 | | Deposits | $1.28 million | | Equity Capital | $123,000 | | Loan Loss Allowance | $4,000 | | Unbacked Noncurrent Loans | $10,000 |
Historic Data - December 2010 | | Assets | $1.32 million | | Equity Capital | $112,000 | | Loan Loss Allowance | $2,000 |
Profit Margin - Quarterly | | Net Interest Margin | 9.52% | | Return on Assets | 0.71% | | Return on Equity | 8.13% | | Interest Income | $98,000 | | Non-Interest Income | $20,000 |
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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 N.I.C.E. Credit Union had $10,000 in non-current loans and owned real-estate with $127,000 in equity and loan loss allowances on hand to cover it. This gives N.I.C.E. Credit Union a Texas Ratio of 7.87% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, N.I.C.E. Credit Union has increased its total deposits by $73,000, resulting in 6.06% 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 N.I.C.E. Credit Union has shown is excellent. | | 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. N.I.C.E. Credit Union has $1.4 million in assets with $127,000 in equity, resulting in a capitalization level of 9.05%, which is average. |
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