# ERIE COMMUNITY
Sandusky, OH · NCUA charter 12616 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/erie-community-12616

Who the members are: federal charter, community charter, organized 1958. 3,449 members of 38,410 potential (9.0% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 71.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $40.3M |
| Members | 3,449 (0.1% YoY) |
| Full-time staff | 8 |
| Net worth | $3.2M |
| Net worth ratio | 8.0% (p5 of band) |
| ROA (annualized) | 1.02% (p70 of band) |
| Total delinquency | 1.26% (p67 of band) |
| Net charge-offs (annualized) | 0.35% (p71 of band) |
| Loans / shares | 62% (p57 of band) |
| Cash / assets | 8.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.06% (p58 of band) |
| Operating expense / assets | 3.66% (p51 of band) |
| Vehicles % of loans | 20% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 10% (p90 of band) |
| Vehicle delinquency | 2.91% (p87 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 122% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 25% |
| Average share balance | $5,915 |
| Participations bought / yr | $957,000 |
| Participations sold / yr | $0 |
| Participations outstanding | $6.3M |
| Loans outstanding per 100 members | 71% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $9,420 |
| Loans granted, annualized | $7.1M |

## Participation posture (from the same filings)

Bought $957,000 and sold $0 in the latest annualized quarter; $6.3M outstanding purchased (197.4% of net worth), $106,089 sold and retained. Sold in 3 and bought in 8 of the last 8 quarters. Shares 8.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, repo signal |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | delinquency 2x band |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 4 | thin capital, net worth falling, losing money, members leaving | repo signal, delinquency 2x band |
| 2017-06 | 3 |  | net worth falling |
| 2017-09 | 1 |  | thin capital, losing money |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | repo signal |  |
| 2018-09 | 2 | delinquency rising | repo signal |
| 2018-12 | 3 | delinquency 2x band |  |
| 2019-03 | 4 | losing money, assets shrinking | members leaving |
| 2019-06 | 2 | net worth falling | delinquency rising, losing money, assets shrinking |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 | losing money | delinquency 2x band |
| 2020-03 | 3 | thin capital, net worth falling |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 3 |  | losing money |
| 2021-06 | 2 |  | margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 7 | capital below 7%, losing money, delinquency 2x band, delinquency rising |  |
| 2022-03 | 4 |  | losing money, delinquency 2x band, delinquency rising |
| 2022-06 | 4 | delinquency rising | net worth falling |
| 2022-09 | 4 |  |  |
| 2022-12 | 4 | net worth falling | delinquency rising |
| 2023-03 | 3 |  | net worth falling |
| 2023-06 | 4 | delinquency rising |  |
| 2023-09 | 5 | delinquency 2x band |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 3 |  | capital below 7% |
| 2024-06 | 3 |  |  |
| 2024-09 | 1 |  | delinquency rising, delinquency 2x band |
| 2024-12 | 2 | delinquency 2x band |  |
| 2025-03 | 3 | delinquency rising |  |
| 2025-06 | 2 |  | delinquency rising |
| 2025-09 | 1 |  | delinquency 2x band |
| 2025-12 | 2 | delinquency 2x band |  |
| 2026-03 | 1 |  | delinquency 2x band |

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

- 2020-08-26 [Eric J Brotherson - Erie Reader](https://news.google.com/rss/articles/CBMijAFBVV95cUxPd3hpUUZUWmtMWmNPVlhxbGtWV0hmck01Uk04MXVjZXdJNGtsNFdXRlNVWHNzUVlSNjFxMjJfQm1aX3d2WEtQWlB2MnlYYmNGbnBzY2R0dmZ6T3B3Qld1YnVHMktIemVOZnJWSmFvSWUyYkw0N0p6RktfNFdwX2FaODlVVjN6eEhVa3l0dQ?oc=5) · Erie Reader
- 2020-11-28 [In block after block of city neighborhoods in Erie, there's not a bank to be found - Erie Times-News](https://news.google.com/rss/articles/CBMixwFBVV95cUxQeEFsaWxIWDQ0N3A1YlNTZmlxVW9VNHdFM09iNXJBQmEtaDJLNVNHcFNMTUJGcEZqWXhFQjZWWmlxeTJQdlRGR1RMUkIyQlM5QWl5bExBZHkzWk5oemNibmhmaHBnSi1pZGNNbU5WWGxXNWVnMTVzVFVqNnprbmRfYmt0WDhScDFVb3ctS1pzdGoyMmI5bFR5YTlJS2huVF90RXU2WWpVSlktUUNGalljczZXdl9WUkM1ZTBsY1NqeFl1ekpmTWg0?oc=5) · Erie Times-News
- 2022-12-24 [First National Bank names president - Advertiser-Tribune](https://news.google.com/rss/articles/CBMihgFBVV95cUxNaEY1ZU1xazRWcWRsclotX1E5bHZUckFEYTBjZS1teXlteEktNUFRSmQwWmc0NXRObjNTMGlBWF9SRWdzWG9LYVpnUTgwSFRUbWxtMDhjZmtqWUxjXzliN1ZhNFlHZ2RRaXBkX201UEF1Yi10Si1vNUFZdXNFYlAtRHU3am9wdw?oc=5) · Advertiser-Tribune
- 2026-09-07 [Retired Erie Fire Chief Joe Walko dies at 71 - Yahoo](https://news.google.com/rss/articles/CBMihAFBVV95cUxPVzMtTlpaTFlxbUN2LVE1WHFPLVlBUnNWdGppRHdndXd6aWtIOUlERXpRalN0aHEzeG5vLThYaDlCd3cyWTl3Zmd0VHVGNWNmRVBreVFSRGhBQktZbTRpSEVMSzg2RDdob0hmem83V2hOVExFbVRJYnY1dEhPcEQ4RkRFSWc?oc=5) · Yahoo
- 2018-03-13 [Women choose to go big and stay in Erie - New Pittsburgh Courier](https://news.google.com/rss/articles/CBMijAFBVV95cUxNaG82UVNUTlBtZWtsd2otenhpZkZfWG52bFBkRjktWTFkTm0zQVUyWHR6ejZPaEZ6a3I0UlhrcU1sdFdZTWp0a2U2SHp2YWluUjFzYVY4Q1FZdmtJVDRoRUFRYUpvZEpkVzhGbkp4NTF0eV9uaWRGVTJCZ1JBVVdlTTlPZTI3OGQxbGxWWA?oc=5) · New Pittsburgh Courier
- 2015-04-15 [40 Under 40 - 2015 - Erie Reader](https://news.google.com/rss/articles/CBMiYEFVX3lxTE45aktjTVkzUnE5N0xjeXdzZndKZm4wc3h2bmZCWFNoQWt2UkFMV3A2MTNRZ2U2WkkydV90M3Rjakhfa1lveGxVc3h2clpoa3g3X0dCbF9XLTZzemRRc090VQ?oc=5) · Erie Reader
- 2018-12-26 [In record-setting year for homicides, they dominate list - Erie Times-News](https://news.google.com/rss/articles/CBMikwFBVV95cUxQc3dwVjkyX19iekRxTVBFUWxCdk5xcEpUSV9SOGFGd2psbWx2enJsWGN5Nl90ZlpaUE9CWG5WM0w2NVdESThObUg5X1pRZ01UTFU3VnRXYm5Sd0xfdG1ybTIzYU1KeTVqUEFWc1FSWDRwT3VJNld5TmRUVWdfTUVXc3lkM3I1dWY5ekpNX0U4eFdQVkE?oc=5) · Erie Times-News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12616 (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/8.json (key "12616", 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=12616
- 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