# CLEARWATER
Missoula, MT · NCUA charter 11300 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/clearwater-11300

Who the members are: federal charter, community charter, organized 1956, low-income designated. 67,211 members of 987,245 potential (6.8% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *fortress*. 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 | $1.15B |
| Members | 67,211 (4.8% YoY) |
| Full-time staff | 195 |
| Net worth | $145.6M |
| Net worth ratio | 12.7% (p78 of band) |
| ROA (annualized) | 0.94% (p70 of band) |
| Total delinquency | 0.46% (p34 of band) |
| Net charge-offs (annualized) | 0.33% (p27 of band) |
| Loans / shares | 91% (p63 of band) |
| Cash / assets | 6.9% |
| Borrowings / assets | 7.00% |
| Net interest margin | 3.72% (p77 of band) |
| Operating expense / assets | 3.35% (p58 of band) |
| Vehicles % of loans | 16% (p23 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 64% |
| Third-party paper % of net worth | 74% (p33 of band) |
| Vehicle delinquency | 0.29% (p19 of band) |
| Vehicle NCO | 0.95% (p49 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 136% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 19% |
| Average share balance | $6,438 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.9M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $25,454 |
| Loans granted, annualized | $304.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.9M outstanding purchased (5.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 5.8% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | delinquency 2x band |  |
| 2017-03 | 0 |  | delinquency 2x band |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | charge-offs p90 |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | charge-offs p90 |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | net worth falling, margin squeeze |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 |  | net worth falling |
| 2021-06 | 0 |  | margin squeeze |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | delinquency rising |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | leaning on borrowings |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 2 | net worth falling |  |
| 2024-06 | 2 | delinquency rising | net worth falling |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 3 | delinquency rising, loans>95% of shares |  |
| 2025-03 | 1 |  | delinquency rising, loans>95% of shares |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-05-19 [Clearwater Credit Union awards scholarships to Montana students - NBC Montana](https://news.google.com/rss/articles/CBMisAFBVV95cUxNMUNFVEtJMTc3dlJ4S2pCNDFyRnd0U0RQcTFtOEFHcnk5NmVoaThZeDdGV0tRRmFWaU41NHBtdkNKTkdUM2QxdC14ZjhseUY4bW92TGdxcFg3NS1XMVBkZFFUUG1CNTB4RG82cEZrVUpabmF6enhqdm1EVmRmVEdDS3QwcGlleUZFTVlyRUx6cVY0c2ZvQTJYSHktUjF4MHJnai1ySG0zMWFaYlFSQlhPZw?oc=5) · NBC Montana
- 2026-05-05 [Spot the Scam: Experts warn of loan scams targeting people seeking quick cash - NBC Montana](https://news.google.com/rss/articles/CBMiugFBVV95cUxOQ1BKWVhzeHFMdEtCVHZxOG0xbXRWdWx4WHJpdGNJMWZYNnFpOGVKbFktSk9lSk1abEktSlV4TzJuTDEybl9XZ2ZZNWRvRGtkMC1CUFlyM1JteDE0ZEhfU05Qcm5VTEJrY041bmNnaV9GQmhfam94a1l0NXNCN09CdFZ2S0lIbUppTXA0ZnV2bVphb25lS1VQMXplV3AxZU15OTFWSlZoczczMmlER2wtdXlaZGs5dkY0a1E?oc=5) · NBC Montana
- 2025-11-19 [New Montana program looks to assist with homebuying costs - missoulacurrent.com](https://news.google.com/rss/articles/CBMiW0FVX3lxTE16NXFWZlA0YnN1dS12ZExEQTNTTW5nTW5CN0RDZU1xcTlOTTVsVTJ4WGUwQklObnRaWXJqTjFJdkpvM0tYdGVPbVhEMHlfczRFYjJMeFZoa1dSV3M?oc=5) · missoulacurrent.com
- 2025-12-02 [Spot the Scam: Officials warn of rising phone scams targeting vulnerable adults - NBC Montana](https://news.google.com/rss/articles/CBMivAFBVV95cUxQVlA4Y05CSElnMTRVV1lzZ1cyX1NIaWZ1UEdxSV9pOWNnU1ZQWFF0enRkeW9pQV9mYnluQ1plOEJVbHVnVnhzUDBtbC1LRmxEenZldWg0NkpqbkxoekZ3MmxWMDROdDY5WHRuLTBSZGpvSFQ1aVV5RmFVc3lJMzhXcU80UHg2cXNQV3lJWjlkUEd4T3U5OU10dGxudzZpVWR2WW8yNXdNMEpyTWtEOXJUdUlfcXhzOVVpVVcxQw?oc=5) · NBC Montana
- 2025-08-18 [Biz Buzz: What’s New in the Electric City | Great Falls News - montanarightnow.com](https://news.google.com/rss/articles/CBMizwFBVV95cUxPRlNna0E3emE3VjNsYXJBTks1dWIxdkVIbXBLbllENmpNSTk2SzB6R25Md3ZpOURhbXZUZE42RzJaOG82MUJQYXVtMUhEWTVCM3hIeVUxXzc5M3RwZjdKMi1aenBtQV84MXowcGRiYWhXcXdvUmNCQ3EwdW9JamRidHdQdE1CcFRBUklLZUtfQnE4WlVtbjMycjRXS1dqZk9xZXRjNGhqWlZNVmZfbXcwS29uRlozYkk1Tm5EXzlEYjgxRktCR21BZ1J2WU5TVFk?oc=5) · montanarightnow.com
- 2024-03-25 [Credit Union reports weekend Missoula incident was attempted robbery - KPAX News](https://news.google.com/rss/articles/CBMivgFBVV95cUxQMEw2YW4wZnB0TkFjTWRsYWRsTXRkcDd4anVnLXFIOEc1anFpeThIN293UkxpR004bk16RjROWWdwbnVxci1WOU9KRGEwdG5YS0V0ajRvR0xJZkZhWFFvYXZIUXh2RF8wVmdGcjRXWmtCY1R2ZHY3TlpGYnN3OXZYalJER0pEN2F0Z0hvallaSGhKYWdxWDBwQXRhanNnQkZnREd2T054LVM2NU1JN1UzWWo5MWRnclNDNFZZam9B?oc=5) · KPAX News
- 2024-01-18 [2024 Girls & Women in Sports Day - University of Montana Athletics](https://news.google.com/rss/articles/CBMiX0FVX3lxTFA2SEUxVHY1d3hlUHVZTTA0VGpQYUVVUkNLTTMta3BybzJSVWNtd0Z2d2NoT1pLNFdNZ21ianFkMVo4TW9MNzd4dEFObDRhNzFtZWVVX0paazlHOFNIOU9r?oc=5) · University of Montana Athletics
- 2026-07-02 [Nonprofits Partner to Preserve 55 Households in Kalispell Mobile Home Park - Flathead Beacon](https://news.google.com/rss/articles/CBMiswFBVV95cUxOOENFbWdCYmg3eVRtMFRBb1A2RUJwQlV2aXBUUlJBU3NFU1R5eUtENDl0TUgtVGpheWVnazc3LVpRYVF5OGQ3bW0tV0hPWF9CZDZoM3lUcWxtTWhSbF9SZ3B1VFBGRTlGV3BMU3ZZMGRaTkcweVZxWF9mdFZlclZjZW5neXJCNHBBY280Z3F4T0xSaExJLXlvUzJwSVFqVnVhSEF6ejY2aHNsRGR4bHAyUW1VUQ?oc=5) · Flathead Beacon

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11300 (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/36.json (key "11300", 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=11300
- 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