Institution Statistics
| W-G | | NCUA # | 23799 | | BankRate Report | View | | Year Chartered | 1981 | | Employees | 4 | | Primary Regulator | |
Assets and Liabilities | | Assets | $11.12 million | | Loans | $5.49 million | | Deposits | $10.18 million | | Equity Capital | $926,000 | | Loan Loss Allowance | $57,000 | | Unbacked Noncurrent Loans | $64,000 |
Historic Data - December 2010 | | Assets | $10.94 million | | Equity Capital | $946,000 | | Loan Loss Allowance | $70,000 | | Unbacked Noncurrent Loans | $17,000 |
Profit Margin - Quarterly | | Net Interest Margin | 6.08% | | Return on Assets | -0.18% | | Return on Equity | -2.16% | | Interest Income | $402,000 | | Non-Interest Income | $78,000 |
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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 W-G Credit Union had $64,000 in non-current loans and owned real-estate with $983,000 in equity and loan loss allowances on hand to cover it. This gives W-G Credit Union a Texas Ratio of 6.51% 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 W-G Credit Union held steady from 1.67% as of December 31, 2010 to 6.51% as of December 31, 2011, resulting in a negative change of 289.11%. This indicates that the balance sheet and financial strength for W-G Credit Union has held steady in recent periods. | | Deposit Growth |  | | In the past year, W-G Credit Union has increased its total deposits by $199,000, resulting in 1.99% 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-G Credit Union has shown is above 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. W-G Credit Union has $11.12 million in assets with $983,000 in equity, resulting in a capitalization level of 8.84%, which is average. |
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