Institution Statistics
| WATERTOWN MUNICIPAL | | NCUA # | 67615 | | BankRate Report | View | | Year Chartered | 1934 | | Employees | 2 | | Primary Regulator | |
Assets and Liabilities | | Assets | $11.47 million | | Loans | $3.49 million | | Deposits | $7.80 million | | Equity Capital | $3.67 million | | Loan Loss Allowance | $7,000 |
Historic Data - December 2010 | | Assets | $11.44 million | | Equity Capital | $3.70 million | | Loan Loss Allowance | $10,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.76% | | Return on Assets | 0.23% | | Return on Equity | 0.71% | | Interest Income | $371,000 | | Non-Interest Income | $7,000 |
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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 Watertown Municipal Credit Union had $0 in non-current loans and owned real-estate with $3.67 million in equity and loan loss allowances on hand to cover it. This gives Watertown Municipal 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, Watertown Municipal Credit Union has increased its total deposits by $72,000, resulting in 0.93% 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 Watertown Municipal Credit Union has shown is 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. Watertown Municipal Credit Union has $11.47 million in assets with $3.67 million in equity, resulting in a capitalization level of 32.02%, which is excellent. |
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