# WELLSPRING
Bridge City, TX · NCUA charter 12181 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/wellspring-12181

Who the members are: federal charter, community charter, organized 1958. 8,311 members of 70,000 potential (11.9% of the field); checking penetration 79% (share draft accounts per 100 members); loans per 100 members 68.

**Verdict on the desk:** this could be *auto monoline*. 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 | $91.6M |
| Members | 8,311 (0.3% YoY) |
| Full-time staff | 28 |
| Net worth | $8.1M |
| Net worth ratio | 8.8% (p10 of band) |
| ROA (annualized) | 0.96% (p65 of band) |
| Total delinquency | 0.37% (p35 of band) |
| Net charge-offs (annualized) | 1.51% (p94 of band) |
| Loans / shares | 81% (p84 of band) |
| Cash / assets | 20.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.67% (p92 of band) |
| Operating expense / assets | 5.28% (p90 of band) |
| Vehicles % of loans | 61% (p78 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 5% |
| Third-party paper % of net worth | 23% (p70 of band) |
| Vehicle delinquency | 0.31% (p32 of band) |
| Vehicle NCO | 1.33% (p88 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 8% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 20% |
| Average share balance | $5,011 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $11,685 |
| Loans granted, annualized | $24.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **charge-offs p90** (`aq_nco_high`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, expense trap |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | repo signal |  |
| 2016-12 | 3 | net worth falling | repo signal |
| 2017-03 | 3 |  |  |
| 2017-06 | 5 | losing money, delinquency rising |  |
| 2017-09 | 7 | capital below 7%, margin squeeze | delinquency rising |
| 2017-12 | 5 |  | net worth falling, losing money |
| 2018-03 | 2 |  | capital below 7%, margin squeeze |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 4 | assets shrinking, 3rd-party paper>100% NW |  |
| 2019-03 | 3 |  | assets shrinking |
| 2019-06 | 4 | auto monoline |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 5 | delinquency 2x band |  |
| 2020-03 | 4 | net worth falling | 3rd-party paper>100% NW, delinquency 2x band |
| 2020-06 | 5 | charge-offs p90 |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 4 | members leaving | auto monoline |
| 2021-03 | 7 | net worth falling, margin squeeze, auto monoline |  |
| 2021-06 | 4 |  | members leaving, net worth falling, margin squeeze |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 4 |  |  |
| 2022-06 | 3 |  | auto monoline |
| 2022-09 | 4 | auto monoline |  |
| 2022-12 | 3 |  | thin capital |
| 2023-03 | 5 | thin capital, delinquency 2x band, delinquency rising | charge-offs p90 |
| 2023-06 | 5 |  |  |
| 2023-09 | 5 |  |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 4 |  | thin capital |
| 2024-06 | 4 | thin capital | delinquency rising |
| 2024-09 | 2 |  | delinquency 2x band, thin capital |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | thin capital |  |
| 2025-06 | 4 | charge-offs p90 |  |
| 2025-09 | 5 | losing money |  |
| 2025-12 | 4 | net worth falling | auto monoline, losing money |
| 2026-03 | 3 | auto monoline | expense trap, net worth falling |

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

- 2022-11-16 [Among 10 Latest CUs to Announce Merger Plans, a Common Theme - cutoday.info](https://news.google.com/rss/articles/CBMinAFBVV95cUxPLTROYjR3clBCWDVBTmVEa05mbHRqQ3BzWkxmR2N5Ukd5eWdHMlcxZU1aNm1UWUE0UHlkQXVRM2xQMy1xWWV0cjF5VUlUTGxDbkNxQ2o4bDV2dS1GUG1zNnhIcGhZTnN0emVwdzBTOTdfcklaRkt3SUt0Umxwd1RhVjNtRm5PTzdrbEJRcy0xSU1rSE5vTVhndW1QZWs?oc=5) · cutoday.info
- 2024-11-21 [Search underway for men who robbed Brinks truck at credit union in Mauriceville - kfdm.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxPY2NyT2hHR3lFQlZ3MEdwaUJ1cGRIWTdiRU5nNjlYcEp1b2V2TGppSjJZQTlUWEdNZE9ZTlJKcWtUd0p3TGdtTGNRYXdoRFJvdHg2OVN0QXNVQ3VkbmtHcVIyb0ZSZzQ1VzF1NFJSeFVyd29ENGFySjFkM214NzNmUkQyQjJzSmFYSGtsbmlTdmZjN0dfM3c?oc=5) · kfdm.com
- 2020-02-13 [ORANGEFIELD HIGH SCHOOL FEBRUARRY STUDENT OF THE MONTH LILY SAUCEDO - The Record Newspapers](https://news.google.com/rss/articles/CBMi0gFBVV95cUxOSno5MGFpQjliRUthNWFaWEo3S3RIQ28yR2xiX3MxWmVHRVhUeGt0SVRMdDdiN1R5M1JJNGJkVkMwZTljOFlVekZQbGdnQ3NOWThsRTdIdDJWakwwQ292SmxndWZhMXFiQnUwcWdpYXdCUkdNRUdJSXg1ak1DbWxWMC1QWW5BSWZZenBLejJtUGw0OHl4Z1JEYXJ3UV82dEItN0FQZWFTeGJXb1ZyMEZ4ZFgtX2I3ZHRkUlZscXBLb0FyN1JSSTltS0dSNkdEeTNRN0E?oc=5) · The Record Newspapers
- 2018-12-11 [Forse Is OF Student of the Month - KOGT](https://news.google.com/rss/articles/CBMiX0FVX3lxTFA5eWJ4dVEyS0FjOTdQVUtCZXpxX212WkZraU5TWjZtcDJ1MDItNDRhcXVMYjRMVnVMQVJ5aF9rcmV6NDNqRC1iRUhkSXRGd2FzWEV6UTB3aUR5Uy1wSGU0?oc=5) · KOGT
- 2021-11-26 [Leslie’s Place named Business of the Month - Orange Leader](https://news.google.com/rss/articles/CBMihAFBVV95cUxOQ05seTA3S0RUX2RodHAwLW4yUEF0ZmhQaDdOblFSdk9zZ1JkbjJMTlc3MXFsOTM0bENmRnF6SG9RbzQ3SG5FckFqTTlaNDFPQjItdDU2NjduNm1nTjZTLUd2M0FJaEV0T2NkcDVqb2ZKaEotcVBNLWxJNElITXFjSlk2OVc?oc=5) · Orange Leader
- 2025-09-05 [Tailgate Party - Band of the Week - Beaumont United - kfdm.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPUlF1MG5yV05jbmhOLUI3QWxJakdDbXNiVTB4UWF3RS1uNl9ORm5lemV2aENHdXFKQmQwcy1zMDc5SXNfLUFGQjhSc0NabGxBUjg4ZnZfNWRHNDFnWEZPMUxSMmZ4Uk9FTnpPb29Kamw4OUs0TlZQRmNzbWdhQlpaMTM2MDBrNlpuYURQNXhLRQ?oc=5) · kfdm.com
- 2017-12-12 [BRIDGE CITY HIGH SCHOOL NOVEMBER STUDENT OF THE MONTH - The Record Newspapers](https://news.google.com/rss/articles/CBMitwFBVV95cUxOb2tzMTJfX09pNkFGcFRhRlliajNZOEYtZ3d4b3NFMjNVN1drS2luNm5uM3Bxc01qOWlod1o3QW9Na0dDWjRrWjJFbGcwcTNYTWZYVXRfRDFmTDY5aGxpdENEZEg4QzRFMzBvOWlBRWRqLWFjTXhfZnJSNm9GSjNXbFhPTXI5QkEtZzViUGFaNzJMU0xmQmh5U1hKSU5iNjJqZWVMbUZiajZVcHU5UHRBQWxxeTk1bnM?oc=5) · The Record Newspapers
- 2020-03-19 [Taylor BC Student of Month - KOGT](https://news.google.com/rss/articles/CBMiV0FVX3lxTE1YcjZzZTlCSWRRTTFrRGxMTmFjdUR5bENSdWtQcVFDMUhTYTdkcHZKOTRMM2c3UmlQbXI5UzdEaXFHbUFiRjd2REp6blk0dVd4M3puZmFiQQ?oc=5) · KOGT

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12181 (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/21.json (key "12181", 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=12181
- 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