# MALHEUR
Ontario, OR · NCUA charter 11579 · asset band $100-200M · latest filing 2020-09 · stopped filing after 2020-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/malheur-11579

Who the members are: federal charter, community charter, organized 1957, low-income designated. 14,445 members of 54,276 potential (26.6% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $180.2M |
| Members | 14,445 (7.7% YoY) |
| Full-time staff | 51 |
| Net worth | $15.6M |
| Net worth ratio | 8.7% (p26 of band) |
| ROA (annualized) | 0.49% (p57 of band) |
| Total delinquency | 0.36% (p43 of band) |
| Net charge-offs (annualized) | 0.28% (p56 of band) |
| Loans / shares | 65% (p47 of band) |
| Cash / assets | 20.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.18% (p76 of band) |
| Operating expense / assets | 3.89% (p74 of band) |
| Vehicles % of loans | 33% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 19% |
| Third-party paper % of net worth | 42% (p56 of band) |
| Vehicle delinquency | 0.88% (p84 of band) |
| Vehicle NCO | 0.45% (p59 of band) |
| Repossessed % of vehicle book | 0.13% (p86 of band) |
| Real estate % of loans | 52% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 81% |
| Core shares % of member funds | 88% |
| Certificates % of member funds | 6% |
| Average share balance | $6,412 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 59% |
| Average loan balance | $10,494 |
| Loans granted, annualized | $59.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **margin squeeze** (`earn_nim_squeeze`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 0 |  | thin capital |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | thin capital |  |
| 2017-06 | 0 |  | thin capital |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | thin capital, net worth falling |  |
| 2018-06 | 2 | delinquency rising | net worth falling |
| 2018-09 | 1 |  | thin capital |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 | members leaving | delinquency rising |
| 2019-06 | 1 |  |  |
| 2019-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2019-12 | 1 |  | delinquency 2x band, delinquency rising |
| 2020-03 | 1 | net worth falling | members leaving |
| 2020-06 | 3 | thin capital, margin squeeze |  |
| 2020-09 | 3 |  |  |

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

- 2020-06-12 [Rogue Credit Union extends reach to Idaho with merger - American Banker](https://news.google.com/rss/articles/CBMipAFBVV95cUxNWXg0YVVIeHhfajl4bUpjTlNHLWc0eVc3bmdMbE44TWFxUmJtZjB0SGl2YXhFZlJvb1hRZ3dJZ0Vvd2tSVWhSUXpFN2U0VmMxcVNSREZkeTN2ZGFXU0ZCaVNaZDVrX3VoZlJydWx0VHlqbXRQd2ZDYzZ0dGswaTBVQ195Z3BZazBBRi1BdFdmYnRnMENRM2w5djM5VmxYck9sN0I4Xw?oc=5) · American Banker
- 2025-12-30 [Pacific Crest will become Sage Credit Union on Jan. 1 - Herald and News](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOQkdpc2NwUG5zSmxMRG1lY2lfMUE5UmxQMWFSUzJxQUc5MUFDS1pxWEJvaVZWb2ktaUE1UUN1OGxaNUhKYVhoSVhzVTQ0aUNYMU1aVHRhWmJhck5abEtqbGE1aW5JNGlIb1lTeENkYkZ0eXZia3J3ME1PWkJua2k3NGhhVzAzQW55UGI5UXhWUWdEd3NqcWRsdDEzMF83M3ZnZVZTQ25SVWpIdnc3emFHQjBla3RNeUVSYW9DSXlHWjZNWXdEZWF2ZXVWWXNjNVVqNExv?oc=5) · Herald and News
- 2026-03-27 [America First Credit Union review (2026): Market-leading CD rates for those who qualify for membership - Yahoo Finance](https://news.google.com/rss/articles/CBMiqgFBVV95cUxObDhZR0ZLVmZ4aFNtdEpLVGEwZWsyRUxFZ3ZlWGlvNWFSUl9MY2o5WlMyRHRGZUV6OHRYN0o5cHBYR1RKcHdvNDNDTVJLN254WmxUcktaNFU1RGN3YzczSG1ONGlZVmEzNEkyNzR6U1JlbmZKVHZOcHFnRGVKYWdfUk9ISW1FajF6Q3ByTlRlSUU4cllscHZ0SFZqTXB0dUpDZmhRNVlsdlVZdw?oc=5) · Yahoo Finance
- 2026-01-12 [Pacific Crest is now Sage Credit Union - Lake County Examiner](https://news.google.com/rss/articles/CBMizgFBVV95cUxQTm9RQVg0QmNSaENtLWE4MXZTd2x3dk1Majh5Mkl4QnRXcFNNWlhXeHBaeDQ1QXNUY3hqUWxtVXpMREhoZ2tma0NqTXFKLU51QVgtNzh5c281cVg5aUFJb1VyYjR6Wms0dm9sRGoyc2ZPWDh1V0tzSzlOZ011ZkxTbWpTaTV6Y3VHQ0FOYXpibUtiRWNibVVBNnJYeEwweXdBR2h6ZnVQZEFRcWlJcHRVSDlJdlMtV3RBbXNLWGc4TVZSSHpydTRaVmNqcWdNQQ?oc=5) · Lake County Examiner
- 2023-03-19 [Rogue Credit Union surprises ‘amazing teachers’ - Argus Observer](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPTmxxZkhpWG5ZSTFaNGk5WFRyaEpZX05GLVRhVDNBa3JvZ215SG5ockdXWVlERi1tTklyYWQxZUpzaFAzVGtIVlhFVWY2dDNMUldJSTM2NGptSnRSOEFVS0FaeHVoYktWTWhpMDNncXFnNlQ4U0JQSHhOVlFQVEliTjJPd2UxYWFLY2Q4Wm1UcGpJRUZQbHdqdmFOMFZiUlFNRjMtYkMwaFlPTFFualRlMkdhRVFjbE9UNmczdUM0ZmNWNTF5N0VTcmRiSlFUQk1FUWxnQXFJZzgxcDcteW1mVHh3?oc=5) · Argus Observer
- 2019-06-18 [[Update: 8 more banks] Google Pay adds 57 US banks and credit unions to its already enormous support list - Android Police](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPSjhTQUN1SFZQZDB1ekU5cHJlM201ckRZcllldUJhd1JxaVhqc1lnVzVQaW9jZEJ2M2dNd1ZVVjlUclhITE45eXE1N043Mk1sNkJfTW5JYmhRRy1rWEY5bU5tN1p6S1ZjbmZxTzNveDhNaVF2eGFGMUJROFhOTkIwdE5RRWkxRFN0UFlobmJNajZJcDROSmhES0c3WE1kWHhJckh2bExsc0IzaG1LWDVEYlg3amZKYWdOMFBkYzNNdVo2Zw?oc=5) · Android Police
- 2019-08-31 [Eric Tschida Obituary - Payette, ID - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTE8wbm91bEZaYlFMSHlnR3hmQnRrcGdtZi1SWld2WkRhVzBPTkhwd21qUXZ6UU0teUlyeFpWVktGTV9YbzRKQ3ZmakpyV1lxZV9MN0NCNk1nYkxmaXkwWTFyUlpaNVlEUHk3QS1uZzVRT0p5U0VUdW91Tk01TTJRRmc?oc=5) · Dignity Memorial
- 2022-12-20 [Cynthia S. Blount Obituary (2022) - Ontario, OR - Thomason Funeral Home & Crematory - Weiser - Legacy obituary](https://news.google.com/rss/articles/CBMigwFBVV95cUxOTlRQRHg4eDYybjdlQUhRLUJTNTV6MWMtQjl3TkRCUDNzTUJISUVycExVSGlzMFBxQng2a29QaW9fcU1mcTFFT3ZhNDNTVmJUY2dMMHlvdVN5Z1JvU3l4MmxaN2dwenVEVGladkJadG41eHpzWXBJSW5heERsX0Y1QWNJRQ?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11579 (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/59.json (key "11579", 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=11579
- 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