Institution Statistics
| STAR HARBOR | | NCUA # | 11194 | | BankRate Report | View | | Year Chartered | 1956 | | Employees | 6 | | Primary Regulator | |
Assets and Liabilities | | Assets | $14.45 million | | Loans | $5.36 million | | Deposits | $11.65 million | | Equity Capital | $2.68 million | | Loan Loss Allowance | $89,000 | | Unbacked Noncurrent Loans | $79,000 |
Historic Data - December 2010 | | Assets | $14.51 million | | Equity Capital | $2.69 million | | Loan Loss Allowance | $145,000 | | Unbacked Noncurrent Loans | $156,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.96% | | Return on Assets | -0.05% | | Return on Equity | -0.26% | | Interest Income | $535,000 | | Non-Interest Income | $195,000 |
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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 Star Harbor Credit Union had $79,000 in non-current loans and owned real-estate with $2.77 million in equity and loan loss allowances on hand to cover it. This gives Star Harbor Credit Union a Texas Ratio of 2.85% 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 Star Harbor Credit Union decreased significantly from 5.51% as of December 31, 2010 to 2.85% as of December 31, 2011, resulting in a positive change of 48.21%.This indicates that the balance sheet and financial strength for Star Harbor Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Star Harbor Credit Union has decreased its total deposits by $-99,000, resulting in -0.84% 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 Star Harbor Credit Union has shown is 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. Star Harbor Credit Union has $14.44 million in assets with $2.77 million in equity, resulting in a capitalization level of 19.18%, which is excellent. |
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