# COLUMBINE
Centennial, CO · NCUA charter 11548 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/columbine-11548

Who the members are: federal charter, multiple common bond, organized 1957. 6,580 members of 18,338 potential (35.9% of the field); checking penetration 35% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $78.5M |
| Members | 6,580 (-17.8% YoY) |
| Full-time staff | 16 |
| Net worth | $9.4M |
| Net worth ratio | 11.9% (p41 of band) |
| ROA (annualized) | -0.16% (p11 of band) |
| Total delinquency | 1.12% (p76 of band) |
| Net charge-offs (annualized) | 0.88% (p87 of band) |
| Loans / shares | 63% (p54 of band) |
| Cash / assets | 25.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.46% (p38 of band) |
| Operating expense / assets | 3.89% (p62 of band) |
| Vehicles % of loans | 20% (p13 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 62% |
| Third-party paper % of net worth | 303% (p98 of band) |
| Vehicle delinquency | 1.39% (p80 of band) |
| Vehicle NCO | 2.90% (p96 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 56% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 1% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 32% |
| Average share balance | $6,694 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.7M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $13,216 |
| Loans granted, annualized | $12.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.7M outstanding purchased (28.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.4% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | thin capital |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | net worth falling |  |
| 2018-03 | 4 | losing money |  |
| 2018-06 | 3 |  | net worth falling |
| 2018-09 | 2 |  | losing money |
| 2018-12 | 2 | delinquency 2x band | thin capital |
| 2019-03 | 4 | thin capital, losing money, assets shrinking | delinquency 2x band |
| 2019-06 | 4 | net worth falling | assets shrinking |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 3 |  | losing money |
| 2020-06 | 4 | losing money |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 5 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 3 | net worth falling | losing money, delinquency 2x band, delinquency rising |
| 2021-06 | 3 | charge-offs p90 | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 4 | delinquency 2x band, members leaving | charge-offs p90 |
| 2022-03 | 4 |  |  |
| 2022-06 | 2 |  | delinquency 2x band, members leaving |
| 2022-09 | 2 |  |  |
| 2022-12 | 3 | loans>95% of shares |  |
| 2023-03 | 5 | delinquency 2x band, assets shrinking |  |
| 2023-06 | 7 | delinquency rising, members leaving, leaning on borrowings | assets shrinking |
| 2023-09 | 6 | assets shrinking | loans>95% of shares, leaning on borrowings |
| 2023-12 | 4 | margin squeeze | thin capital, members leaving, assets shrinking |
| 2024-03 | 4 | charge-offs p90 | margin squeeze |
| 2024-06 | 2 |  | delinquency rising, charge-offs p90 |
| 2024-09 | 2 |  |  |
| 2024-12 | 5 | assets shrinking, members leaving, loan book shrinking |  |
| 2025-03 | 5 | net worth falling | delinquency 2x band |
| 2025-06 | 6 | losing money, delinquency 2x band | net worth falling |
| 2025-09 | 4 | margin squeeze | assets shrinking, loan book shrinking, delinquency 2x band |
| 2025-12 | 5 | net worth falling |  |
| 2026-03 | 4 |  | margin squeeze |

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

- 2026-08-27 [Chatfield High School (Littleton, CO) JV Soccer - MaxPreps](https://news.google.com/rss/articles/CBMidkFVX3lxTE1oR3NaaGxfRF8xckRsanItLXFZUnJvT0RwejFLOFdPWkc0X2dlRjhuc3FLWUJ0Z3NqcndEenRMWGNoeXhGaDBhVlVBajduME5TU085X2VveFhodzc0MERBc0o2VDNLSV9aVjF6cWx0NzVmN2NraFE?oc=5) · MaxPreps
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- 2022-02-02 [Karen Miller Obituary Feb 2, 2022 - Brown's Cremation & Funeral Service](https://news.google.com/rss/articles/CBMib0FVX3lxTFA0Y29VTlp5aS15YndFMTZyRTRWYlRVM0R6Ml9nS0ZFZXJ0Wmw1T2ZsLVgtZE5hRDh6MnEtWWhmM0NTUzlxQmlCUUh2SEpxM2x5YUVwU0ZjekNfSHFUMGJHczU1U3V6ZGF4U0FOaVJSaw?oc=5) · Brown's Cremation & Funeral Service
- 2018-09-10 [David William ""Dave"" Eichelberger Obituary Sep 10, 2018 - Horan & McConaty Funeral Service and Cremation](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBndk9FZnpIQ00weUFNc1BaNXpoLXhWWFZBSnVZZm40TVBocTV2SGJCanlfLTZ6bENLd2ZjZEtQOUxQN2EzMjRTZTJ4RTJ0S3RSMm44aW9BV3VWZk14OVFUbmowelRIYnc?oc=5) · Horan & McConaty Funeral Service and Cremation
- 2024-05-28 [Troubled towers: Breaking down Denver’s distressed office properties - BusinessDen](https://news.google.com/rss/articles/CBMilgFBVV95cUxOaGxJOW1CRGZKS3JDSUxYaUV5TnY1YWZqTHJCVGUtMkEyRlE4dkhWTVZGNkI2dk50bDBUT1FfNjI2UEpieXBJSVQ0TXRnaXd6bDhtTHRlRW12V1d0anhHODBHUjRVUkpSYV9qWWIzcnA4ZjltOVBpUjNtajYzdXkzRnEweUdsNkFac19kSGpaRVd4WnlJOEE?oc=5) · BusinessDen
- 2020-11-20 [Marjory Virginia (Whitten) Sutherland, 95 - The Monte Vista Journal](https://news.google.com/rss/articles/CBMijwFBVV95cUxOR2lndHVuLWk3Zk9KWW5HNW1ITV9SQUZGN19tbVRrbTVPbW5DZHl5WEs3RGNXT3loNXgyanNGN213aVZUOWNOU1BoXzRnV1pPWklid1JwMG9iS2YxME5EVjBqcUJxRGJNUEI4WjlKcDU2TlVZdjM5ZjRVOHEwU2N1TzliV041S19oWGdZS2tUOA?oc=5) · The Monte Vista Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11548 (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/28.json (key "11548", 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=11548
- 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