Port Of Hampton Roads ILA Credit Union

Port Of Hampton Roads ILA Credit Union is headquartered in Norfolk and is the 123^rd largest credit union in the state of Virginia. It is also the 5,224^th largest credit union in the nation. It was established in 1975 and as of December of 2011, it had grown to 3 employees and 1,739 members. Port Of Hampton Roads ILA Credit Union has a 5-star health rating.

Port Of Hampton Roads ILA Credit Union Savings Account Rates

Port Of Hampton Roads ILA Credit Union CD Rates

Data for Q4 2011

Institution Statistics PORT OF HAMPTON ROADS ILA NCUA # 22049 BankRate Report View Year Chartered 1975 Employees 3 Primary Regulator Assets and Liabilities Assets $6.50 million Loans $3.47 million Deposits $5.02 million Equity Capital $1.46 million Loan Loss Allowance $202,000 Unbacked Noncurrent Loans $89,000 Historic Data - December 2010 Assets $7.12 million Equity Capital $1.60 million Loan Loss Allowance $131,000 Unbacked Noncurrent Loans $195,000 Profit Margin - Quarterly Net Interest Margin 11.98% Return on Assets -0.45% Return on Equity -1.98% Interest Income $477,000 Non-Interest Income $35,000

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 December 31, 2011 Port Of Hampton Roads ILA Credit Union had $89,000 in non-current loans and owned real-estate with $1.67 million in equity and loan loss allowances on hand to cover it. This gives Port Of Hampton Roads ILA Credit Union a Texas Ratio of 5.34% 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 Port Of Hampton Roads ILA Credit Union decreased significantly from 11.28% as of December 31, 2010 to 5.34% as of December 31, 2011, resulting in a positive change of 52.63%.This indicates that the balance sheet and financial strength for Port Of Hampton Roads ILA Credit Union has improved significantly in recent periods. Deposit Growth In the past year, Port Of Hampton Roads ILA Credit Union has decreased its total deposits by $-472,000, resulting in -8.6% 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 Port Of Hampton Roads ILA 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. Port Of Hampton Roads ILA Credit Union has $6.5 million in assets with $1.67 million in equity, resulting in a capitalization level of 25.65%, which is excellent.

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