Institution Statistics
| WEST COAST | | NCUA # | 19588 | | BankRate Report | View | | Year Chartered | 1969 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $12.51 million | | Loans | $4.77 million | | Deposits | $10.59 million | | Equity Capital | $1.84 million | | Loan Loss Allowance | $36,000 | | Unbacked Noncurrent Loans | $20,000 |
Historic Data - December 2010 | | Assets | $10.69 million | | Equity Capital | $1.90 million | | Loan Loss Allowance | $40,000 | | Unbacked Noncurrent Loans | $6,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.07% | | Return on Assets | -0.78% | | Return on Equity | -5.27% | | Interest Income | $359,000 | | Non-Interest Income | $233,000 |
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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 West Coast Credit Union had $20,000 in non-current loans and owned real-estate with $1.88 million in equity and loan loss allowances on hand to cover it. This gives West Coast Credit Union a Texas Ratio of 1.06% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk. | | Texas Ratio Trend |  | | The Texas Ratio for West Coast Credit Union held steady from 0.31% as of December 31, 2010 to 1.06% as of December 31, 2011, resulting in a negative change of 244.87%. This indicates that the balance sheet and financial strength for West Coast Credit Union has held steady in recent periods. | | Deposit Growth | | | In the past year, West Coast Credit Union has increased its total deposits by $1.86 million, resulting in 21.26% 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 West Coast 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. West Coast Credit Union has $12.51 million in assets with $1.88 million in equity, resulting in a capitalization level of 15.01%, which is excellent. |
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