Institution Statistics
| UNION TRADES | | NCUA # | 21100 | | BankRate Report | View | | Year Chartered | 1972 | | Employees | 9 | | Primary Regulator | |
Assets and Liabilities | | Assets | $18.80 million | | Loans | $11.73 million | | Deposits | $16.94 million | | Equity Capital | $1.79 million | | Loan Loss Allowance | $141,000 | | Unbacked Noncurrent Loans | $209,000 |
Historic Data - December 2010 | | Assets | $21.42 million | | Equity Capital | $1.67 million | | Loan Loss Allowance | $174,000 | | Unbacked Noncurrent Loans | $273,000 | | Real Estate Owned | $44,000 |
Profit Margin - Quarterly | | Net Interest Margin | 7.51% | | Return on Assets | 0.61% | | Return on Equity | 6.38% | | Interest Income | $1.10 million | | Non-Interest Income | $245,000 |
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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 Union Trades Credit Union had $209,000 in non-current loans and owned real-estate with $1.93 million in equity and loan loss allowances on hand to cover it. This gives Union Trades Credit Union a Texas Ratio of 10.84% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend | | | The Texas Ratio for Union Trades Credit Union decreased slightly from 17.15% as of December 31, 2010 to 10.84% as of December 31, 2011, resulting in a positive change of 36.81%.This indicates that the balance sheet and financial strength for Union Trades Credit Union has improved slightly in recent periods. | | Deposit Growth |  | | In the past year, Union Trades Credit Union has decreased its total deposits by -$2.75 million, resulting in -13.97% 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 Union Trades Credit Union has shown is poor. | | 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. Union Trades Credit Union has $18.8 million in assets with $1.93 million in equity, resulting in a capitalization level of 10.25%, which is above average. |
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