Institution Statistics
| SOUTHERN STAR | | NCUA # | 67660 | | BankRate Report | View | | Year Chartered | 1953 | | Employees | 9 | | Primary Regulator | |
Assets and Liabilities | | Assets | $22.26 million | | Loans | $11.98 million | | Deposits | $18.62 million | | Equity Capital | $3.54 million | | Loan Loss Allowance | $47,000 | | Unbacked Noncurrent Loans | $219,000 |
Historic Data - December 2010 | | Assets | $21.58 million | | Equity Capital | $3.83 million | | Loan Loss Allowance | $43,000 | | Unbacked Noncurrent Loans | $194,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.14% | | Return on Assets | -1.81% | | Return on Equity | -11.39% | | Interest Income | $884,000 | | Non-Interest Income | ($124,000) |
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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 Southern Star Credit Union had $219,000 in non-current loans and owned real-estate with $3.58 million in equity and loan loss allowances on hand to cover it. This gives Southern Star Credit Union a Texas Ratio of 6.11% 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 Southern Star Credit Union held steady from 5.01% as of December 31, 2010 to 6.11% as of December 31, 2011, resulting in a negative change of 21.92%. This indicates that the balance sheet and financial strength for Southern Star Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, Southern Star Credit Union has increased its total deposits by $974,000, resulting in 5.52% 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 Southern Star 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. Southern Star Credit Union has $22.26 million in assets with $3.58 million in equity, resulting in a capitalization level of 16.11%, which is excellent. |
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