Institution Statistics
| SWEETEX | | NCUA # | 67520 | | BankRate Report | View | | Year Chartered | 1951 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $11.52 million | | Loans | $4.95 million | | Deposits | $8.24 million | | Equity Capital | $3.24 million | | Loan Loss Allowance | $7,000 |
Historic Data - December 2010 | | Assets | $11.77 million | | Equity Capital | $3.19 million | | Loan Loss Allowance | $2,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.89% | | Return on Assets | 0.47% | | Return on Equity | 1.67% | | Interest Income | $369,000 | | Non-Interest Income | $3,000 |
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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 Sweetex Credit Union had $0 in non-current loans and owned real-estate with $3.25 million in equity and loan loss allowances on hand to cover it. This gives Sweetex Credit Union a Texas Ratio of 0.00% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Deposit Growth |  | | In the past year, Sweetex Credit Union has decreased its total deposits by $-308,000, resulting in -3.6% 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 Sweetex 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. Sweetex Credit Union has $11.52 million in assets with $3.25 million in equity, resulting in a capitalization level of 28.20%, which is excellent. |
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