Institution Statistics
| V A R O NO. 319 | | NCUA # | 5467 | | BankRate Report | View | | Year Chartered | 1947 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.48 million | | Loans | $972,000 | | Deposits | $1.25 million | | Equity Capital | $226,000 | | Loan Loss Allowance | $4,000 |
Historic Data - December 2010 | | Assets | $1.53 million | | Equity Capital | $227,000 | | Loan Loss Allowance | $4,000 | | Unbacked Noncurrent Loans | $1,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.17% | | Return on Assets | 0% | | Return on Equity | 0% | | Interest Income | $73,000 |
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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 V A R O No. 319 Credit Union had $0 in non-current loans and owned real-estate with $230,000 in equity and loan loss allowances on hand to cover it. This gives V A R O No. 319 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, V A R O No. 319 Credit Union has decreased its total deposits by $-49,000, resulting in -3.78% 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 V A R O No. 319 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. V A R O No. 319 Credit Union has $1.48 million in assets with $230,000 in equity, resulting in a capitalization level of 15.57%, which is excellent. |
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