Institution Statistics
| PENN DRAKE | | NCUA # | 61245 | | BankRate Report | View | | Year Chartered | 1969 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $3.26 million | | Loans | $1.13 million | | Deposits | $2.95 million | | Equity Capital | $304,000 | | Loan Loss Allowance | $7,000 | | Unbacked Noncurrent Loans | $2,000 |
Historic Data - December 2010 | | Assets | $3.07 million | | Equity Capital | $322,000 | | Loan Loss Allowance | $6,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.76% | | Return on Assets | -0.49% | | Return on Equity | -5.26% | | Interest Income | $87,000 | | Non-Interest Income | $2,000 |
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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 Penn Drake Credit Union had $2,000 in non-current loans and owned real-estate with $311,000 in equity and loan loss allowances on hand to cover it. This gives Penn Drake Credit Union a Texas Ratio of 0.64% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Penn Drake Credit Union has increased its total deposits by $207,000, resulting in 7.54% 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 Penn Drake 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. Penn Drake Credit Union has $3.26 million in assets with $311,000 in equity, resulting in a capitalization level of 9.55%, which is average. |
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