# HINGHAM
Hingham, MA · NCUA charter 11941 · asset band $50-100M · latest filing 2017-03 · stopped filing after 2017-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hingham-11941

Who the members are: federal charter, community charter, organized 1957. 3,547 members of 194,000 potential (1.8% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *ordinary*. 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 | $50.5M |
| Members | 3,547 (-4.5% YoY) |
| Full-time staff | 10 |
| Net worth | $3.7M |
| Net worth ratio | 7.2% (p5 of band) |
| ROA (annualized) | 0.16% (p29 of band) |
| Total delinquency | 1.28% (p78 of band) |
| Net charge-offs (annualized) | 0.00% (p12 of band) |
| Loans / shares | 75% (p73 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.78% (p44 of band) |
| Operating expense / assets | 3.00% (p31 of band) |
| Vehicles % of loans | 6% (p3 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 126% |
| Third-party paper % of net worth | 66% (p74 of band) |
| Vehicle delinquency | 2.63% (p95 of band) |
| Vehicle NCO | 0.00% (p14 of band) |
| Repossessed % of vehicle book | 0.00% (p34 of band) |
| Real estate % of loans | 84% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 11% |
| Average share balance | $7,027 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $23,852 |
| Loans granted, annualized | $4.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 2 |  | delinquency 2x band |
| 2017-03 | 4 | delinquency 2x band, members leaving |  |

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

- 2025-11-17 [Brian Walshe murder trial: List of witnesses prosecution, defense could call - boston25news.com](https://news.google.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?oc=5) · boston25news.com
- 2009-04-21 [Hanson joins top financial people in Washington, D.C. - Foster's Daily Democrat](https://news.google.com/rss/articles/CBMinAFBVV95cUxQZXdqWW0tbW9BZ0k0N0NKOG0tZVR5dFRwWGU5b3Y4Wngwa2JOZUF5YWNFdE93XzM5cFBvMDFZMklaeC1HeWl3a2lNTktiUWJoa1F3MlgxQWZZRUl6cl9Ja1pLbmRPZ0h5NXduZVVEamF4dElZeGNybE1FcDRoVEdEM0FGbzdrSU5IbVhsR1FYeU1DS1YxOWpoamRWTlA?oc=5) · Foster's Daily Democrat
- 2026-07-09 [Phyllis J. Nealon Obituary Jul 9, 2026 - Keohane Funeral Home](https://news.google.com/rss/articles/CBMiXkFVX3lxTE9SeTlBMTFqckJFdGdvYXZLQ1NGaXZseHBLYVYxeEI0TnVKTThuQWV4NzJrZkdOeVNHdDFLVFhXQ2Z5YlkwZ0VzMWFSWjR3NWRHRUgxbHlPQUt1NWdHMWc?oc=5) · Keohane Funeral Home
- 2021-11-23 [Paul Peaslee Obituary (2009) - Quincy, MA - The Patriot Ledger - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxNR1IxNEwyUGVZWFJJcVh1Q0NFdHh0Q0pPczJ5b1ZRejFwM3hkUV83eFNrS0Y1UElCOVFHTVFIY2F1R2t0bWxLYy1STXdKaXRUbGdrZE4tSmw2M1NTamdoSHR3THJXYVBMczlWVm1laEYzdGNUYTVvN1ZxaFR1NEdjenVWNFFiNFRMMWtiQUxMSmVUcWs5NEl6amVXS3M?oc=5) · legacy.com
- 2026-05-14 [Union Square Donuts Bringing Sweet Treats and Drinks to Hingham’s Derby Street Shops - WhatNow](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOb1gtWUxqUlpuc3oyV042SnpJWDNJTEQ2cjZuTk95NDM0OGhqd2JENFZGaTRFWkdTVEZFQzIwUkxlT0U4b1Z3eGZfU3VzbGdFYm9XeE1MVUxQa3FDNFJXeTJIb09VOUxmV2lQcUlycS1STEIyUVZONkNZd2RseE4tNENJc1o3MUJQcUV0dWZSZDZDMGtsaTRhbFVIT0doQnFpd251MmpBR29QWG1OQ1VvNzA1Z1FmWFo5Q1FLTEtBeGo?oc=5) · WhatNow
- 2012-05-30 [Hingham High School: Class of 2012 Awards and Scholarships - Patch](https://news.google.com/rss/articles/CBMihwFBVV95cUxPcFo1MTZjS0g3TUNhU3NWS2l0RlJiYzl6RUx5X3hOeDdra0E2X19YZ0FvQUhaek02cVBaMHpsd1I3ZUxiazhzWW92UE90STNST1JxWE1fN1JQZmZacEZ1YWdZaXR6ZkF3QXNIWU1VRjdIdHcwM2JITk4wX2JtNlN3QW4tY1N2UFU?oc=5) · Patch
- 2015-11-03 [Robert R. Montgomery Jr. Obituary Nov 3, 2015 - Keohane Funeral Home](https://news.google.com/rss/articles/CBMiZEFVX3lxTE5wYmJLNUcwY1Z3SldPbGdvdFlWSXhLdGFMZno1S1BiWENXcXRuRXpNQkp4R3VmdEZBWnc1UVpBYU9oYlExa3RfUm9vMXliUTlDTkg2SWNaLXI0SjFXTzlLSXpaVmc?oc=5) · Keohane Funeral Home
- 2021-11-29 [Martin Shaughnessy Obituary (2010) - Hingham, MA - The Hingham Journal - legacy.com](https://news.google.com/rss/articles/CBMiowFBVV95cUxPSlUyclEwbUFWcG5rMUJPbzZuUkdGSTc1TnZUMUZjeDBYYW1HNm1DMGF3QUlJQ1Y1TXdnZXRqNm1CVEZlVGQ5dmIwc05BVlZWaDBEb2RIYU1qNlpybW5hSi1aeUkxdkpOc0t0X1pFRlNla2dIcXZUZGZoY256SmNyMzdma3B0SWh0NkJDSVVVdUVoUlZ6LTNld1JBRnIwWGJ6QTM4?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11941 (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/37.json (key "11941", 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=11941
- 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