Institution Statistics
| TRADES & LABOR | | NCUA # | 24674 | | BankRate Report | View | | Year Chartered | 1958 | | Employees | 5 | | Primary Regulator | |
Assets and Liabilities | | Assets | $8.93 million | | Loans | $7.12 million | | Deposits | $8.08 million | | Equity Capital | $646,000 | | Loan Loss Allowance | $58,000 | | Unbacked Noncurrent Loans | $11,000 |
Historic Data - December 2010 | | Assets | $8.88 million | | Equity Capital | $580,000 | | Loan Loss Allowance | $54,000 | | Unbacked Noncurrent Loans | $35,000 |
Profit Margin - Quarterly | | Net Interest Margin | 4.83% | | Return on Assets | 0.73% | | Return on Equity | 10.06% | | Interest Income | $417,000 | | Non-Interest Income | $172,000 |
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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, 2011 Trades & Labor Credit Union had $11,000 in non-current loans and owned real-estate with $704,000 in equity and loan loss allowances on hand to cover it. This gives Trades & Labor Credit Union a Texas Ratio of 1.56% 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 Trades & Labor Credit Union decreased significantly from 5.52% as of December 31, 2010 to 1.56% as of December 31, 2011, resulting in a positive change of 71.70%.This indicates that the balance sheet and financial strength for Trades & Labor Credit Union has improved significantly in recent periods. | | Deposit Growth |  | | In the past year, Trades & Labor Credit Union has decreased its total deposits by $-156,000, resulting in -1.89% 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 Trades & Labor 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. Trades & Labor Credit Union has $8.93 million in assets with $704,000 in equity, resulting in a capitalization level of 7.88%, which is below average. |
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