# FARMERS INSURANCE
Burbank, CA · NCUA charter 1074 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/farmers-insurance-1074

Who the members are: federal charter, multiple common bond, organized 1936. 63,748 members of 70,000 potential (91.1% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 40.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.37B |
| Members | 63,748 (1.2% YoY) |
| Full-time staff | 0 |
| Net worth | $130.3M |
| Net worth ratio | 9.5% (p22 of band) |
| ROA (annualized) | 0.36% (p19 of band) |
| Total delinquency | 1.31% (p90 of band) |
| Net charge-offs (annualized) | 1.40% (p95 of band) |
| Loans / shares | 100% (p91 of band) |
| Cash / assets | 12.4% |
| Borrowings / assets | 4.39% |
| Net interest margin | 4.59% (p98 of band) |
| Operating expense / assets | 4.05% (p88 of band) |
| Vehicles % of loans | 3% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 11% (p15 of band) |
| Vehicle delinquency | 0.55% (p48 of band) |
| Vehicle NCO | 0.50% (p17 of band) |
| Repossessed % of vehicle book | 0.65% (p98 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 451% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 34% |
| Average share balance | $8,154 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $71.5M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $46,220 |
| Loans granted, annualized | $226.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $71.5M outstanding purchased (54.9% of net worth), $9.6M sold and retained. Sold in 3 and bought in 0 of the last 8 quarters. Shares -7.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, loans>95% of shares |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 | net worth falling | expense trap |
| 2018-06 | 3 | leaning on borrowings |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | net worth falling |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 4 | net worth falling, losing money, margin squeeze | loans>95% of shares |
| 2020-06 | 4 |  |  |
| 2020-09 | 3 | delinquency 2x band | net worth falling, losing money |
| 2020-12 | 3 | loans>95% of shares | delinquency 2x band |
| 2021-03 | 1 |  | margin squeeze, loans>95% of shares |
| 2021-06 | 3 | delinquency 2x band, loans>95% of shares |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | charge-offs p90 |  |
| 2022-03 | 5 | losing money |  |
| 2022-06 | 4 |  | losing money |
| 2022-09 | 4 |  |  |
| 2022-12 | 3 |  | delinquency 2x band |
| 2023-03 | 4 | net worth falling |  |
| 2023-06 | 3 |  | net worth falling |
| 2023-09 | 4 | repo signal |  |
| 2023-12 | 6 | net worth falling, delinquency rising |  |
| 2024-03 | 6 | losing money | delinquency rising |
| 2024-06 | 7 | delinquency 2x band, delinquency rising | net worth falling |
| 2024-09 | 6 |  | delinquency rising |
| 2024-12 | 7 | expense trap, assets shrinking | delinquency 2x band |
| 2025-03 | 7 | thin capital, net worth falling | leaning on borrowings, expense trap |
| 2025-06 | 8 | expense trap, delinquency 2x band, loan book shrinking | thin capital, net worth falling |
| 2025-09 | 6 |  | repo signal, losing money |
| 2025-12 | 7 | repo signal |  |
| 2026-03 | 7 | net worth falling | expense trap |

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

- 2026-05-01 [Farmers Insurance Federal Credit Union opens eighth branch with new location in Burbank, California - CUInsight](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQLWdMS3g1TFlGMnhZVnhPVmxvdkFXcGNhZXdMbGd0SGR5bkxNR2JzWHRfQVdpT05TZmI5bFh1MnBqR2tVTUJNVjBuLWVMWFJxREJ5Z2NyUFU1eG80Q2xHZGNNbktOVFRoV2ZXaFVQSlFIUTV4VmozZGJLTjRKMElLVC1jbExVM3B4MkVCekFVakk3NXpieXlab01NbUlmUTBiWHd4bXlNWXhVZkIwdEhKN1hjaldwY1lvLXVDeTNRUmFwdFgyV0xfUEVEVklhZFRBZks0bHp3?oc=5) · CUInsight
- 2026-05-09 [Farmers Insurance Federal Credit Union Opens New Branch In Burbank - outlooknewspapers.com](https://news.google.com/rss/articles/CBMi8gFBVV95cUxNNFprNkh0bXFIeGJWUHd5NVBjZW9aS1JLb2cxVnJCZ0JsMnpwNUlNTldVRlBlZGxIV2ZsZVNSZVhrT282b2tvVEt5ajFHQmdvVVNFRmd1a1VUb29XMXA0MVlWUDBWUldhZW1WbU9KcW1JalJSSnpHdVdSWXVMbkxDYTVWcXpJaXhITS04MGFmTzJVS3lWR01fRU84VGZKTUlLVHNPZ294aGlPQWtDLVdCLVI1RXVlOEtTVlFDSWhyQk53N3FOOVEwbzNYYm5rRVA2NUFkWmlpMXRIbmtDdG1yQ2ZXWF9PcGcyU21DVzRDZDM1UQ?oc=5) · outlooknewspapers.com
- 2026-03-16 [Farmers Insurance Federal Credit Union appoints Eric Weatherly as Chief Lending Officer - CUInsight](https://news.google.com/rss/articles/CBMixwFBVV95cUxPby1SNE1RWG51c3ZxYi1yTjFVLXdIN1JCVjltcl84SlpsbTU2OC0xcWtSelVPSDZVVkpLWHBnUXd6QU9Hd2V1cEQzWnRZeUozMENHRW5SdUstWGhMbHVHdzJvMWphSjJmOTBHX0loRC1XLUY0eElZQWZnRUZ3X3JVSk1vbWlTd0psTERqbUxjMVRpMGg4X0g0b2EyVkRUV1BKUlVUbVRlNUNSODNJVGRKQWNvVjlzN05KeDE3bElZY1VfQzF1UGFz?oc=5) · CUInsight
- 2026-08-05 [Best Credit Union Bonus Promotions (September 2026) - Best Wallet Hacks](https://news.google.com/rss/articles/CBMia0FVX3lxTFA2QXB2VnhxSnB0eVBNTEc5LUphV2s2Z2FNVVJGVHJWWWZXeGJnUzFWQ0I3dlJjQnd4WDVUOFUzZVRVbGJlMkh6aVBqZWJ4MEpoM2NaZHFTVEhra0xJVkdpOE0zMnJjUFI3aFpr?oc=5) · Best Wallet Hacks
- 2026-08-28 [Andrea Q. Lacuesta Obituary | Whites Funeral Home | Azusa, CA - Tribute Archive](https://news.google.com/rss/articles/CBMieEFVX3lxTE1rZ2JUc1V4bmRRZ3J0eG1VUGpPaVNaa19VOGVKYkR6VUloRkpTMjNFMUF4YVVhWmlFSWg5ZVBlaUZDcElCVWxVaFZQUzcwNy1LQnI5TXdjWU1fZ0hPN210cDc3ekljWW1JSW4xT1Y0MkNFbDZ1VnFlQQ?oc=5) · Tribute Archive
- 2026-05-01 [WiSH Education Foundation’s WiSH Upon A Car Showcase Saturday, May 16, 2026 - Santa Clarita Magazine](https://news.google.com/rss/articles/CBMitAFBVV95cUxObk40dW90c25vaFpzZEpOXzJfM3BhaEtqcXVpQVp4c210cHRNUGdEUzRPZGlIYWlIc2dCa21QOHpJUkdQOWlZUGZ4eVJzQ29TV2pMUU9jTzFHcmd0QkZPRk9LendwbF84cU4xV1R2ZjR4N1REREwwNkNxRUZobHpUOGlfVDZkTUJnSjRyVlFUcE4tOEgzRmRwNFVSWEt6VGNZN19tcF9DVlJOZ2VhZTdNaG96V1g?oc=5) · Santa Clarita Magazine
- 2026-01-27 [Farmers Insurance Federal Credit Union appoints Nancy Anantavara as Chief Growth Officer - CUInsight](https://news.google.com/rss/articles/CBMiyAFBVV95cUxOSnl2VVBlUzBYYUUwYzV3SkpHMnloNzFDX1RGS1EzTjg5Wmg5UlpqeFF0VkhqS2pHbEV4RVNVZG1HMGhPTmNla3pidm8zczY1bXlwYXp0OHREbjVZUTh2d3I3UmtPQllwR0FDcDZzRFhSLW1aSG5SUzAtd1JIZVdVQkFXMFJCR040SzRrZDBCUHd0ck5rS1V0M0Z2NnhReGFqX0EzV0dxNkRGemdnbzhxMHZRUzdnUi1uT3RSNDV0WUFZZmV5a1doVQ?oc=5) · CUInsight
- 2024-12-12 [Farmers Insurance Federal Credit Union opens branch in Overland Park - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxOX3ZRSWRDNGtaNG5SYUFiblhJY1pGSWhXWDBKbzN1V2ZZMmwwWUNiS1VFRnZ6LW1neUVrQV80OGd2ZXJoUkhzOWZlWE51aFNvb1RoYnZQYkxSM1FyamxCUUk2WWFhNWw1V0RqMnNYdGt3WU9US0kwdElVZTlxd0ZWUUhyY19nQXJKZ05yUVM2eXVrQmI5bERUR1dvOGotOEJLSmdzTDJxQzF2enJX?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1074 (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/50.json (key "1074", 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=1074
- 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