Institution Statistics
| STERLING UNITED | | NCUA # | 11273 | | BankRate Report | View | | Year Chartered | 1956 | | Employees | 24 | | Primary Regulator | |
Assets and Liabilities | | Assets | $56.14 million | | Loans | $35.49 million | | Deposits | $51.48 million | | Equity Capital | $4.58 million | | Loan Loss Allowance | $229,000 | | Unbacked Noncurrent Loans | $204,000 |
Historic Data - December 2010 | | Assets | $50.51 million | | Equity Capital | $3.88 million | | Loan Loss Allowance | $329,000 | | Unbacked Noncurrent Loans | $295,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.16% | | Return on Assets | 1.23% | | Return on Equity | 15.15% | | Interest Income | $2.39 million | | Non-Interest Income | $576,000 |
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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 Sterling United Credit Union had $204,000 in non-current loans and owned real-estate with $4.8 million in equity and loan loss allowances on hand to cover it. This gives Sterling United Credit Union a Texas Ratio of 4.25% 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 Sterling United Credit Union decreased slightly from 7.01% as of December 31, 2010 to 4.25% as of December 31, 2011, resulting in a positive change of 39.38%.This indicates that the balance sheet and financial strength for Sterling United Credit Union has improved slightly in recent periods. | | Deposit Growth | | | In the past year, Sterling United Credit Union has increased its total deposits by $4.93 million, resulting in 10.59% 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 Sterling United 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. Sterling United Credit Union has $56.14 million in assets with $4.8 million in equity, resulting in a capitalization level of 8.56%, which is average. |
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