Institution Statistics
| RAY | | NCUA # | 9951 | | BankRate Report | View | | Year Chartered | 1955 | | Employees | 3 | | Primary Regulator | |
Assets and Liabilities | | Assets | $5.19 million | | Loans | $2.31 million | | Deposits | $4.24 million | | Equity Capital | $931,000 | | Loan Loss Allowance | $27,000 | | Unbacked Noncurrent Loans | $3,000 |
Historic Data - December 2010 | | Assets | $4.91 million | | Equity Capital | $869,000 | | Loan Loss Allowance | $25,000 |
Profit Margin - Quarterly | | Net Interest Margin | 9.08% | | Return on Assets | 1.2% | | Return on Equity | 6.66% | | Interest Income | $245,000 | | Non-Interest Income | $180,000 |
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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 Ray Credit Union had $3,000 in non-current loans and owned real-estate with $958,000 in equity and loan loss allowances on hand to cover it. This gives Ray Credit Union a Texas Ratio of 0.31% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth | | | In the past year, Ray Credit Union has increased its total deposits by $208,000, resulting in 5.15% 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 Ray 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. Ray Credit Union has $5.19 million in assets with $958,000 in equity, resulting in a capitalization level of 18.47%, which is excellent. |
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