Institution Statistics
| UTILITY DISTRICT | | NCUA # | 61085 | | BankRate Report | View | | Year Chartered | 1935 | | Employees | 7 | | Primary Regulator | |
Assets and Liabilities | | Assets | $27.08 million | | Loans | $5.97 million | | Deposits | $24.94 million | | Equity Capital | $2.10 million | | Loan Loss Allowance | $54,000 | | Unbacked Noncurrent Loans | $127,000 |
Historic Data - December 2010 | | Assets | $25.39 million | | Equity Capital | $2.10 million | | Loan Loss Allowance | $27,000 | | Unbacked Noncurrent Loans | $118,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.84% | | Return on Assets | -0.14% | | Return on Equity | -1.81% | | Interest Income | $824,000 | | Non-Interest Income | $38,000 |
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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 Utility District Credit Union had $127,000 in non-current loans and owned real-estate with $2.15 million in equity and loan loss allowances on hand to cover it. This gives Utility District Credit Union a Texas Ratio of 5.90% 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 Utility District Credit Union held steady from 5.54% as of December 31, 2010 to 5.90% as of December 31, 2011, resulting in a negative change of 6.58%. This indicates that the balance sheet and financial strength for Utility District Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, Utility District Credit Union has increased its total deposits by $1.7 million, resulting in 7.32% 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 Utility District 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. Utility District Credit Union has $27.08 million in assets with $2.15 million in equity, resulting in a capitalization level of 7.94%, which is below average. |
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