Institution Statistics
| VITELCO EMPLOYEES | | NCUA # | 23294 | | BankRate Report | View | | Year Chartered | 1979 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $1.96 million | | Loans | $1.02 million | | Deposits | $1.54 million | | Equity Capital | $404,000 | | Loan Loss Allowance | $21,000 |
Historic Data - December 2010 | | Assets | $2.02 million | | Equity Capital | $375,000 | | Loan Loss Allowance | $22,000 | | Unbacked Noncurrent Loans | $12,000 |
Profit Margin - Quarterly | | Net Interest Margin | 12.23% | | Return on Assets | 1.43% | | Return on Equity | 6.93% | | Interest Income | $148,000 | | Non-Interest Income | $12,000 |
|
|
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 Vitelco Employees Credit Union had $0 in non-current loans and owned real-estate with $425,000 in equity and loan loss allowances on hand to cover it. This gives Vitelco Employees 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, Vitelco Employees Credit Union has decreased its total deposits by $-87,000, resulting in -5.34% 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 Vitelco Employees 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. Vitelco Employees Credit Union has $1.96 million in assets with $425,000 in equity, resulting in a capitalization level of 21.71%, which is excellent. |
|
