Institution Statistics
| WELCOME | | NCUA # | 24807 | | BankRate Report | View | | Year Chartered | 1974 | | Employees | 26 | | Primary Regulator | |
Assets and Liabilities | | Assets | $86.56 million | | Loans | $50.80 million | | Deposits | $76.48 million | | Equity Capital | $9.97 million | | Loan Loss Allowance | $671,000 | | Unbacked Noncurrent Loans | $887,000 | | Real Estate Owned | $200,000 |
Historic Data - December 2010 | | Assets | $86.31 million | | Equity Capital | $10.13 million | | Loan Loss Allowance | $302,000 | | Unbacked Noncurrent Loans | $659,000 | | Real Estate Owned | $147,000 |
Profit Margin - Quarterly | | Net Interest Margin | 5.9% | | Return on Assets | -0.19% | | Return on Equity | -1.65% | | Interest Income | $3.35 million | | Non-Interest Income | $455,000 |
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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 Welcome Credit Union had $1.09 million in non-current loans and owned real-estate with $10.64 million in equity and loan loss allowances on hand to cover it. This gives Welcome Credit Union a Texas Ratio of 10.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for Welcome Credit Union held steady from 7.72% as of December 31, 2010 to 10.22% as of December 31, 2011, resulting in a negative change of 32.28%. This indicates that the balance sheet and financial strength for Welcome Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, Welcome Credit Union has increased its total deposits by $431,000, resulting in 0.57% 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 Welcome 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. Welcome Credit Union has $86.56 million in assets with $10.64 million in equity, resulting in a capitalization level of 12.29%, which is excellent. |
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