Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. U-1St Community Credit Union has a very low asset base.
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, 2013 U-1St Community Credit Union had $21,000 in non-current loans and owned real-estate with $872,000 in equity and loan loss allowances on hand to cover it. This gives U-1St Community Credit Union a Texas Ratio of 2.41% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for U-1St Community Credit Union held steady from 1.88% as of December 31, 2012 to 2.41% as of December 31, 2013, resulting in a negative change of 28.28%. This indicates that the balance sheet and financial strength for U-1St Community Credit Union has held steady in recent periods.
In the past year, U-1St Community Credit Union has decreased its total deposits by $-86,000, resulting in -1.43% 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 U-1St Community Credit Union has shown is average.
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. U-1St Community Credit Union has $6.79 million in assets with $872,000 in equity, resulting in a capitalization level of 12.85%, which is excellent.