Institution Statistics
| VELSICOL | | NCUA # | 11318 | | BankRate Report | View | | Year Chartered | 1956 | | Employees | 0 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.18 million | | Loans | $155,000 | | Deposits | $963,000 | | Equity Capital | $208,000 | | Loan Loss Allowance | $2,000 |
Historic Data - December 2010 | | Assets | $1.35 million | | Equity Capital | $287,000 | | Loan Loss Allowance | $3,000 | | Unbacked Noncurrent Loans | $4,000 |
Profit Margin - Quarterly | | Net Interest Margin | 3.03% | | Return on Assets | -6.81% | | Return on Equity | -38.46% | | Interest Income | $20,000 | | Non-Interest Income | $1,000 |
|
|
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 Velsicol Credit Union had $0 in non-current loans and owned real-estate with $210,000 in equity and loan loss allowances on hand to cover it. This gives Velsicol 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, Velsicol Credit Union has decreased its total deposits by $-96,000, resulting in -9.07% 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 Velsicol 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. Velsicol Credit Union has $1.18 million in assets with $210,000 in equity, resulting in a capitalization level of 17.87%, which is excellent. |
|
