Institution Statistics
| W A G E | | NCUA # | 19629 | | BankRate Report | View | | Year Chartered | 1969 | | Employees | 1 | | Primary Regulator | |
Assets and Liabilities | | Assets | $2.65 million | | Loans | $595,000 | | Deposits | $2.31 million | | Equity Capital | $335,000 | | Loan Loss Allowance | $24,000 |
Historic Data - December 2010 | | Assets | $2.40 million | | Equity Capital | $343,000 | | Loan Loss Allowance | $23,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.46% | | Return on Assets | -0.3% | | Return on Equity | -2.39% | | Interest Income | $64,000 | | Non-Interest Income | $6,000 |
|
|
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 W A G E Credit Union had $0 in non-current loans and owned real-estate with $359,000 in equity and loan loss allowances on hand to cover it. This gives W A G E 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, W A G E Credit Union has increased its total deposits by $258,000, resulting in 12.57% 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 W A G E 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. W A G E Credit Union has $2.65 million in assets with $359,000 in equity, resulting in a capitalization level of 13.53%, which is excellent. |
|
