# PINELLAS
Largo, FL · NCUA charter 10880 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/pinellas-10880

Who the members are: federal charter, multiple common bond, organized 1956, low-income designated. 10,772 members of 320,532 potential (3.4% of the field); checking penetration 48% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $172.5M |
| Members | 10,772 (-4.2% YoY) |
| Full-time staff | 24 |
| Net worth | $22.1M |
| Net worth ratio | 12.8% (p65 of band) |
| ROA (annualized) | 0.63% (p45 of band) |
| Total delinquency | 0.79% (p62 of band) |
| Net charge-offs (annualized) | 0.27% (p43 of band) |
| Loans / shares | 67% (p45 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.32% (p30 of band) |
| Operating expense / assets | 3.35% (p39 of band) |
| Vehicles % of loans | 28% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 50% |
| Third-party paper % of net worth | 260% (p92 of band) |
| Vehicle delinquency | 0.27% (p27 of band) |
| Vehicle NCO | 1.13% (p77 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 24% |
| Average share balance | $9,055 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $22.4M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $23,658 |
| Loans granted, annualized | $29.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $22.4M outstanding purchased (101.4% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares -1.8% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | losing money, charge-offs p90, repo signal, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 4 |  | repo signal |
| 2016-09 | 4 | net worth falling | losing money |
| 2016-12 | 3 |  | net worth falling |
| 2017-03 | 5 | losing money, repo signal, members leaving | auto monoline |
| 2017-06 | 5 | net worth falling | 3rd-party paper>100% NW |
| 2017-09 | 5 |  |  |
| 2017-12 | 4 |  | net worth falling |
| 2018-03 | 1 |  | charge-offs p90, losing money, repo signal |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 | 3rd-party paper>100% NW | members leaving |
| 2018-12 | 2 | auto monoline |  |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 2 |  | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | margin squeeze |  |
| 2020-06 | 5 | net worth falling, delinquency rising |  |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 | losing money | margin squeeze |
| 2021-06 | 4 | margin squeeze | auto monoline |
| 2021-09 | 4 |  |  |
| 2021-12 | 2 |  | losing money, margin squeeze |
| 2022-03 | 2 |  |  |
| 2022-06 | 3 | delinquency rising |  |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 3 | net worth falling, members leaving |  |
| 2025-03 | 2 |  | net worth falling |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | members leaving |
| 2026-03 | 2 | members leaving |  |

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

- 2026-07-22 [Weekend spotlight: Reggae tonight in Pinellas Park - St Pete Catalyst](https://news.google.com/rss/articles/CBMigwFBVV95cUxObFFuM1NVUFBKbUhfU3RBS0FhLVVTNU9xQVBhVWVBcVYtTi1IMnhrdlBrMURUOG9RZjIwVkRJR3dSRzUwNkZ2c3RnOUJDTmgzanJKdGp1WU53SzJOcUdaM0tnZHBpaFkwR0Qzc3hPck9CbGcwQzN5ak9TeW1DUFNVU2IwZw?oc=5) · St Pete Catalyst
- 2026-04-02 [St. Pete man arrested after posing as bank employee, stealing more than $20K: police - WFLA](https://news.google.com/rss/articles/CBMiwAFBVV95cUxPU2JoeWl0dmtSYlBRMHJqZ2U0bHRxbko5TWV4UjVnQ0RzYUFfaW84MS1JRUJkN0d1Nk5BdE53VXhQUVZIWTNXaS15Nk9NQlJGV0NqT3o1SjA0cHA4bmNsdjl1eDhXZHVWcThTOE9pUDZfek5nQWF2V2wyM25OLUktZVNqc1J3ZldlbFJfZUo2OUF6MjVyOUxHMnc3QVRlazZfd3dZaHltdm1kZ3U3NWdyeGNIT3R1X2FwQ3IwSlhqZGfSAcYBQVVfeXFMUHBwbnZLVkFBbllydjZ1WEFVdjF3QUsxWFFzQVpUMFZmVnUxS1hzVzJkVzFSdTY2Q3lPczFCR1hRSHY0UnRNaDMwRzFUR25jX0dRMk52SjVKbExwNlVzRi1NZks0bWhweXlHRG5Cd0NXc2QyazM3QXFPenRDc09yemdFY1ZiaG8tclpmNFFMTnE5Y0F4OWdVRkdrM2pRYUM5TnZKbjR4ZDhDekNZb3BWT09pUWZldXJBQlZRZUluMWg5WWF1aFV3?oc=5) · WFLA
- 2024-06-14 [Pinellas credit union giant expands to Naples area for first time - Business Observer](https://news.google.com/rss/articles/CBMikgFBVV95cUxPT0Y0ZWRDRmdoN3JHT1J1Z0hleG1rQlZXZmxhcTZ3c2Jvd0lYLWdDUkQzcXlkNWg2YVUwYWhYYUZwMWIxcXBxd3dsR3B6YkdUcjVCVHBOcXlhSEpnR0NQWkxwVDhfLU0wLXk0UW5FU0Q4WnQtRVpFckpNTkxyYlowaVdqdHp6TGhNOWRsd0ZSQXBEQQ?oc=5) · Business Observer
- 2019-11-19 [They Started Here - Achieva Credit Union - FOX 13 Tampa Bay](https://news.google.com/rss/articles/CBMiowFBVV95cUxOaG95ckcyYzB0SGVJUWR4VGFDb1NXRGFQaG05M0Z2Q0U2NC1ZWnQ5dXJLOWFuUmNmckYzT0tFUGRSZUZyeUpSeXVPTUpZOGl6X1ItdUU0LXdtbnhKa3I4MV9ldWE2d2xjTDZGVEJxZ2lpZlEtUjVrTDhWV1N5aXZaOVJnRjZJVEcyRUdBai1BaGdtcUlRaXFoZk1CWlUzVHNSR0E00gGoAUFVX3lxTE03SDhuNE1QQVptR2UyaTlOSUlMSG95Y2Q0QWJLYlhCZDBOcDFxa2Jxd0c5eGgtalJOeEM5NkZ2TDBxVXgzRWp5V2RUbVl1R0tLaVZaNU1KMkROamZhcDdCa3ZmLTgxbEZmOTI4Q0Y3bGFYUnpZQkNlOE5DeFJGRmU2R0tOQjQwTlBaeW9DeG54Ni13RlpwZ3U4R3FnOW45VTRHTHJWYjRCbg?oc=5) · FOX 13 Tampa Bay
- 2019-06-20 [Pinellas Park Police Searching For Man That Robbed the Mid-Florida Credit Union - iontb.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxPSmFvU2ZfUmE3N29Ta2dqREs5ck04VThveDA5d2VuaTd3akdvTXlVdGJnV3ViRTdDOHdUTVhwNG5UVTRjbFJnbVN6Q0dRcUVCZEMxME12RkNIZWIwUHZDbDlVTjAyMlVBZGJNei0xY0FCU3padWN1TXpFSE5uY2YwSG5MZVdiNV9pSHZqWkF0QkcyR09BdUZlUWNSMXVIbWM?oc=5) · iontb.com
- 2026-04-18 [Pinellas County volunteers put together care packages for troops overseas - Bay News 9](https://news.google.com/rss/articles/CBMijwFBVV95cUxPaVc0UzZCWXJyNmxPUXlZTF9WMkNnWmpDZzdqVW9LaEpaaFZ1R1U1N0dhTURkOGNHdFpXZlhMR0NycHhNWVBaeG1fM3lYTl91bC14dTJMRS1rMmRvT3RXSVVqUjBUbWdLVGx0OFVhejd4ZExkQW1FLWR2VHFtcUJ5cU81WmpDWUZyRUpNVVM1dw?oc=5) · Bay News 9
- 2009-10-29 [Credit union marriage set for Sunday - Sarasota Herald-Tribune](https://news.google.com/rss/articles/CBMitgFBVV95cUxNVTFBaVFWWGpPTjNqbERKV2hHNmFleW5zU2lOZXctSHZpMkZqOWxfWHVmQ29CdzRmcGRpNk1XMkItdXlqQTEzQ0JURGw4cUkxV2IzdXBmRGl5WnR3RTAta1JZRTRUdTlZYjBJUXJrNDAyY0lTN1hxaXZfQ2VOUWlqVzJLMTlDRWhfdUdBWFVncXNjUzFkaUdabm5ncnkyZmx0U2hsRVViT1BWUEpiV1ppTk9rQjBoZw?oc=5) · Sarasota Herald-Tribune
- 2025-03-06 [$2.9B Pinellas credit union names first new CEO in nearly two decades - Business Observer](https://news.google.com/rss/articles/CBMihAFBVV95cUxNN3ZOMnhNQW5YMnkxOVJqWkprTTA2cWRMM2tWanBXbDR5eThFa3BwS3NmeFN5MG84LVFnaG9VclNWTl9KMzB0cldqcjRwYjM3Ny16STVmS0hOZTk4dWNOZnpHaDd4V3hGdVp2TGlhWFlPUWtOZS1qNTRSZnkxeklPVTAzeVo?oc=5) · Business Observer

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10880 (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/0.json (key "10880", 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=10880
- 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