# SIERRA PACIFIC
RENO, NV · NCUA charter 1000 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sierra-pacific-1000

Who the members are: federal charter, multiple common bond, organized 1936. 10,886 members of 27,150 potential (40.1% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $187.8M |
| Members | 10,886 (3.4% YoY) |
| Full-time staff | 19 |
| Net worth | $25.3M |
| Net worth ratio | 13.5% (p72 of band) |
| ROA (annualized) | 1.08% (p73 of band) |
| Total delinquency | 0.73% (p59 of band) |
| Net charge-offs (annualized) | 0.28% (p43 of band) |
| Loans / shares | 58% (p29 of band) |
| Cash / assets | 33.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.21% (p23 of band) |
| Operating expense / assets | 2.20% (p7 of band) |
| Vehicles % of loans | 64% (p89 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 129% (p75 of band) |
| Vehicle delinquency | 1.08% (p75 of band) |
| Vehicle NCO | 0.42% (p44 of band) |
| Repossessed % of vehicle book | 0.14% (p82 of band) |
| Real estate % of loans | 6% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 64% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 1% |
| Average share balance | $8,991 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $489,864 |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $22,358 |
| Loans granted, annualized | $54.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $489,864 outstanding purchased (1.9% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 6.6% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | net worth falling |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 2 |  | net worth falling |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | net worth falling |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | delinquency 2x band |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 4 | delinquency rising |  |
| 2022-09 | 4 |  |  |
| 2022-12 | 3 |  | delinquency rising |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | assets shrinking |  |
| 2023-09 | 3 |  | delinquency 2x band |
| 2023-12 | 4 | delinquency 2x band |  |
| 2024-03 | 3 |  | delinquency 2x band |
| 2024-06 | 2 |  | assets shrinking |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | net worth falling |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 3 | net worth falling |  |
| 2026-03 | 3 | delinquency rising | net worth falling |

## In the news (Google News, unfiltered, newest first; check the city)

- 2023-02-28 [Leslie Ramsdell named CEO of Sierra Pacific - CUInsight](https://news.google.com/rss/articles/CBMijAFBVV95cUxQTGlIZ3F4REFBTnZfOHo2ZFJmdWFGUlZxZkdNVEVjMldoNTRTZ1hsSnFHYWoxdkNPRWtWaDNKUWZKbkNMMDlDM3EyRFdULV9tSWFaZzRtVmMtVFMxOHJ2ZEpaQ3FaME1EekxTYjVHMUFmclp1d0VmQVhPZmNydzd0Y1NRRndDb0dZZU4wYg?oc=5) · CUInsight
- 2026-01-08 [Jeff Choi Promoted To COO Of PMSI - National Mortgage Professional](https://news.google.com/rss/articles/CBMifkFVX3lxTE5YdW5TZFBYYWNqSG9fYlBZZVJranhMTW15TGxWckozeVQwOGRxX053VjVwMm5Jd0wzQXk3alNyVy15dUx3S2FHcDlENDExR2dubWZ4ZzBDSFVNWWpVVTBBRGlMckVTQ2Z2dnF4bGFDYklLcGlRWHpRNjNUSDBrdw?oc=5) · National Mortgage Professional
- 2023-03-10 [People: Leslie Ramsdell named chief executive officer and president at Sierra Pacific Federal Credit Union - Northern Nevada Business Weekly](https://news.google.com/rss/articles/CBMi3AFBVV95cUxQWG5OQUsta3FVai1zMTVhTk9uYkdjUmlVd1l1TUZJN1gtRTJMOE05dWxQOVR3cHhKNVZuWFdjSUR4UVF4blhoZUxEckxPSFIwMHhudGJVakQ5SnktWG1aQTNXaEg3YVNKenZzRVBXT0NhQ19Gam1EZnNHZTlDQzNHNVJpSkFQa3lLbzA2WFd5d3doNUhhT2lCSG1tNXpwb3l2V2pvalJtZ1hfRHJvWWtmTmREQ1JqZnk0QW91OUdZN3NKUXRab1dNMDU0dWZ6WWF1Nm9xV0hHX3NLTU0y?oc=5) · Northern Nevada Business Weekly
- 2026-01-05 [PMSI Promotes Veteran Mortgage Banking Executive Jeff Choi to COO - Business Wire](https://news.google.com/rss/articles/CBMivwFBVV95cUxOSWI5cmctSGFRdUlBOWRrUll2eHNxc2QwT0VGOGotakRpWjFqU3Zpd0tiVk5OdGFYaVcxdlJQWlF4VU40YnVCQzFOTUtEQ2Z6aHhMLWxvNnBZVlNoc0JqWmY3aUNkaTIzU3VOcnFRUURSM0JvS3hfemJkN2NmbEJxOC00c1JmSTRoczh2Ty1kWHR3bDBtQW9xdGZPeEV2N01Rb1VldDJmWTdKZGt0QTFtSXNTcEM5M2I0RFc2YllUTQ?oc=5) · Business Wire
- 2024-10-16 [Industry Insider Speaker Series links students with business leaders - University of Nevada, Reno](https://news.google.com/rss/articles/CBMikAFBVV95cUxNeTNUOEE1Zkt2MmNiWmlkMW1Kd1VKX05tMlVPUzVEcFlYYmJBUGNTMWJ2b0plY3A3VV9vczZxRmJ0UDk5NHplY193MmxjV3hSdS0yWHdWQVZ3WUhzcE9BNjl4ZkduZjdVZUw2Zk0zLW8yeHZMYUxYU2RkWDRzZXlGQjd0QkptUk1SS0dKa1FGVGo?oc=5) · University of Nevada, Reno
- 2025-11-15 [2025 Chamber Awards - Merrill Foto News](https://news.google.com/rss/articles/CBMidEFVX3lxTE12N0JYdlZoY2Nfdnd0UWl6QURlNVZybkNqWWRnelpQdnZfd1VqWVlacEVkc2JRcDNVOExfUkkxbjBuUzdFcFpybkwzTzJiYmZRdk56RmRYVXVUWFRtbWxEMVBRb2dTaUxSRXBMZkgwUDhYcFB4?oc=5) · Merrill Foto News
- 2022-10-07 [People: Leslie Ramsdell named vice president Sierra Pacific Federal Credit Union - Northern Nevada Business Weekly](https://news.google.com/rss/articles/CBMikwFBVV95cUxOdm5hQzNadXpDUks1TFFUNDhzTDRtZVVvdmhFdmZrdnNEaEZFMm5VWUpsVFZYSGswZFVJeHZvNThza3BydEdRcnMwQjZNVmNiLWZyaWR0ZGNqSFhZaGg0REQ5SkpIR2NpSGNyQl9RWEZfVmUxc1BSbXlxVGp4Mko2UjRzOFZwekpFdXYwVVcwSHNwWkE?oc=5) · Northern Nevada Business Weekly
- 2014-12-31 [Sierra Pacific Federal Credit Union 36-Month Auto Loan at 1.99% APR - GOBankingRates](https://news.google.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?oc=5) · GOBankingRates

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1000 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/40.json (key "1000", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=1000
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide