Institution Statistics
| SILVERADO | | NCUA # | 68491 | | BankRate Report | View | | Year Chartered | 1953 | | Employees | 12 | | Primary Regulator | |
Assets and Liabilities | | Assets | $42.45 million | | Loans | $29.73 million | | Deposits | $39.19 million | | Equity Capital | $3.09 million | | Loan Loss Allowance | $341,000 | | Unbacked Noncurrent Loans | $27,000 |
Historic Data - December 2011 | | Assets | $43.25 million | | Equity Capital | $3.11 million | | Loan Loss Allowance | $596,000 | | Unbacked Noncurrent Loans | $2.28 million | | Real Estate Owned | $400,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.29% | | Return on Assets | -0.05% | | Return on Equity | -0.68% | | Interest Income | $1.38 million | | Non-Interest Income | $221,000 |
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Institution Health
Overall Score:
4 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, 2012 Silverado Credit Union had $27,000 in non-current loans and owned real-estate with $3.43 million in equity and loan loss allowances on hand to cover it. This gives Silverado Credit Union a Texas Ratio of 0.79% 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 Silverado Credit Union decreased significantly from 72.45% as of December 31, 2011 to 0.79% as of December 31, 2012, resulting in a positive change of 98.91%.This indicates that the balance sheet and financial strength for Silverado Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Silverado Credit Union has decreased its total deposits by $-816,000, resulting in -2.04% 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 Silverado Credit Union has shown is below 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. Silverado Credit Union has $42.45 million in assets with $3.43 million in equity, resulting in a capitalization level of 8.07%, which is average. |
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