Institution Statistics
| NYC MERCURY | | NCUA # | 61348 | | BankRate Report | View | | Year Chartered | 1941 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $2.13 million | | Loans | $733,000 | | Deposits | $1.80 million | | Equity Capital | $316,000 | | Loan Loss Allowance | $21,000 | | Unbacked Noncurrent Loans | $115,000 |
Historic Data - December 2010 | | Assets | $1.90 million | | Equity Capital | $351,000 | | Loan Loss Allowance | $22,000 | | Unbacked Noncurrent Loans | $123,000 |
Profit Margin - Quarterly | | Net Interest Margin | 9.13% | | Return on Assets | -1.6% | | Return on Equity | -10.76% | | Interest Income | $77,000 | | Non-Interest Income | $1,000 |
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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 Nyc Mercury had $115,000 in non-current loans and owned real-estate with $337,000 in equity and loan loss allowances on hand to cover it. This gives Nyc Mercury a Texas Ratio of 34.12% which is below average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Nyc Mercury held steady from 32.98% as of December 31, 2010 to 34.12% as of December 31, 2011, resulting in a negative change of 3.48%. This indicates that the balance sheet and financial strength for Nyc Mercury has held steady in recent periods. | | Deposit Growth |  | | In the past year, Nyc Mercury has increased its total deposits by $64,000, resulting in 3.7% 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 Nyc Mercury 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. Nyc Mercury has $2.13 million in assets with $337,000 in equity, resulting in a capitalization level of 15.84%, which is excellent. |
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