# ALTAMAHA
Jesup, GA · NCUA charter 10262 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/altamaha-10262

Who the members are: federal charter, community charter, organized 1955, low-income designated. 10,908 members of 46,312 potential (23.6% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $73.8M |
| Members | 10,908 (1.2% YoY) |
| Full-time staff | 28 |
| Net worth | $10.3M |
| Net worth ratio | 14.0% (p63 of band) |
| ROA (annualized) | 0.47% (p37 of band) |
| Total delinquency | 0.35% (p33 of band) |
| Net charge-offs (annualized) | 1.19% (p92 of band) |
| Loans / shares | 57% (p44 of band) |
| Cash / assets | 12.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.49% (p88 of band) |
| Operating expense / assets | 5.55% (p92 of band) |
| Vehicles % of loans | 72% (p91 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 10% |
| Third-party paper % of net worth | 48% (p76 of band) |
| Vehicle delinquency | 0.35% (p37 of band) |
| Vehicle NCO | 1.11% (p83 of band) |
| Repossessed % of vehicle book | 0.26% (p93 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 11% |
| Average share balance | $3,869 |
| Participations bought / yr | $2.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $3.2M |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 48% |
| Average loan balance | $5,724 |
| Loans granted, annualized | $18.7M |

## Participation posture (from the same filings)

Bought $2.8M and sold $0 in the latest annualized quarter; $3.2M outstanding purchased (30.9% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 2.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | delinquency 2x band, charge-offs p90, repo signal, auto monoline |  |
| 2016-06 | 3 |  | repo signal |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | members leaving | charge-offs p90 |
| 2017-06 | 4 | charge-offs p90 |  |
| 2017-09 | 3 |  | charge-offs p90 |
| 2017-12 | 2 |  | members leaving |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 3 | expense trap |  |
| 2019-03 | 2 |  | expense trap |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | charge-offs p90, repo signal |  |
| 2020-06 | 4 | net worth falling, members leaving | charge-offs p90, repo signal |
| 2020-09 | 4 | margin squeeze | members leaving |
| 2020-12 | 5 | charge-offs p90 |  |
| 2021-03 | 4 | expense trap | net worth falling, margin squeeze |
| 2021-06 | 4 | margin squeeze, members leaving | charge-offs p90, expense trap |
| 2021-09 | 4 | net worth falling | delinquency 2x band |
| 2021-12 | 2 | delinquency 2x band | margin squeeze, members leaving, net worth falling |
| 2022-03 | 4 | losing money, margin squeeze |  |
| 2022-06 | 4 | net worth falling | margin squeeze |
| 2022-09 | 3 |  | net worth falling |
| 2022-12 | 4 | expense trap |  |
| 2023-03 | 3 | assets shrinking | losing money, expense trap |
| 2023-06 | 4 | charge-offs p90 |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 3 | expense trap | delinquency 2x band, charge-offs p90 |
| 2024-03 | 3 | losing money | assets shrinking |
| 2024-06 | 5 | net worth falling, members leaving |  |
| 2024-09 | 6 | delinquency 2x band, repo signal | members leaving |
| 2024-12 | 3 |  | losing money, delinquency 2x band, repo signal |
| 2025-03 | 4 | losing money |  |
| 2025-06 | 2 |  | net worth falling, losing money |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 4 | net worth falling, charge-offs p90 |  |

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

- 2026-05-26 [The Credit Union Impact Foundation announces 2026 grant recipients - CUInsight](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPWU1lcXlRT19fLXU3QUM5d0hkWFVHTjFrZkwwZU8yTVdGay02cXUyeGx3MG9qUE8yQUgzSlg1bHAtMExCaDZjYmpQZGVpLWxBY0hfbGJtdklFdGxndUtOSXU4ZXhCdVRfZGdic0VyLVdKYlZGNUxQY2VEa2hQSlZSWVZPMzZaM1RDS05USDEzLUJNSUFicHREWXVTblhHaFE2enlLZzNWaG1hY2c?oc=5) · CUInsight
- 2026-06-24 [29 Credit Union Professionals Graduate From Southeast Management School - cutoday.info](https://news.google.com/rss/articles/CBMirAFBVV95cUxQaWpNSnBVRW94T0dRR1FOZmlLNXhuMjNMbWVUbFZYcV9qX2pueDR0VFlmU0JzaldLUmljdjVWdUdUSmdtSU5DWjVZUnhocE5zdVdXOEtGdmFLaUdZTWVkcmpmMFRMei1kUF9mejMwMzh1eGthS1NNc0xTTm5zTzBHbkpGdHR1anZ0VVk1d3BOWE9odWFRcm43RFl4NEtpdndYVWRPVVlfcFZPMTRu?oc=5) · cutoday.info
- 2023-02-08 [Altamaha Bank ATM Machine Robbed - Jeff Davis Ledger](https://news.google.com/rss/articles/CBMieEFVX3lxTE82LUdVemdWV21NdlJsM0ZrLU5KZmZtdEo1dVMyTExVSWxyLUtaQ2xQUFFqSHE0YUxVUVoxaTRkbTh5TlR3a29CRDU3cGhUSTNkbktTSGdzWUtVcDR5SkhrcWhoVG1UcXQtcjFnRmFiU004LWpYNlhGUw?oc=5) · Jeff Davis Ledger
- 2018-10-05 [Golf tournament raises $18,504 for Hinesville/Ft. Stewart Shrine Club - Savannah Morning News](https://news.google.com/rss/articles/CBMi4AFBVV95cUxOU0JUQXBTVVRHTlVQeHBkX0Z4a2I4Q3AzVENxUEcxRUFjZjBidFBvRi02WWEwOXdkVnpTZVViQlhhLV9DU1FBZ3Y4WnNxOWpTa0FYdkQtcFpfTWI5TGlmbHdxV0FLaTFjRFl3ZDRvNTFWRDVQYlVXS0xHSWpsZHYxZzJVeGJQSHYweHlxc1Y0OWRGUEVYSXRPWDVpMkZJdmhKRnJuOVJ4YzdQcEdfNi14ejdsdHJ3d2FaUnZhMVZENzNCUXNnOUU5MEVxUDlaZlNnZnVBNVhBcV84RWdJb0E4ZA?oc=5) · Savannah Morning News
- 2013-08-27 [Snookie Ryals Obituary - Brunswick, GA - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxORXhKenlLWEZNajJFRkV3YjRlall3WUNza0hjajRtVkpzZFZ6N280U3o3R3A3aDVaRGU2THdjQWxqZ0hJclBydlZvR1dUcDYxS01PS3FkcUlhdG14aXlQNUxCTnBSaDRHSWFybE9kWVZOT0laNTVyNXdrc2pIN1ZPR1k0dw?oc=5) · Dignity Memorial
- 2023-02-15 [Gleason Copeland Obituary (1939 - 2023) - Jesup, GA - The Press-Sentinel - legacy.com](https://news.google.com/rss/articles/CBMingFBVV95cUxNekZjMTlYMGRfdm42THhDWktVX2NNSmI3ZkNEUWZ1Rm8yS2FUd1lUZEhfQXlRTTA3MHVWYkZneFY3aUd5MHMyMjdtZm80TlVIQmpXczZjdjFmUkpnMXVac1ZuWFdrWF9RdHdHQnM4OF9VNHloRzFYM1NucW45N3Z1RmRvT2J3VGEycks2TlpIVkFRM0ttQ2F2NVZBTDcwQQ?oc=5) · legacy.com
- 2007-03-09 [Two killed in separate accidents - Savannah Morning News](https://news.google.com/rss/articles/CBMilwFBVV95cUxPVjhJREc0TDFwUEw3T2lJOHlrTTdFUnZaeVRETC1UZTBDRFVrdHFKMVNMVFlsbWF6aTYyY242VGJiNmxocGJjdTNPZmFZWndzdndGUWIxdkhDcEJhMF84Ynljbm1QN18yQVBLWnZ4Z1RCVV9UMGJ3ajZoRFVVNEFQbzFIalBTSzNoVk16RENhekVmckswZWpF?oc=5) · Savannah Morning News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10262 (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/22.json (key "10262", 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=10262
- 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