# BREWTON MILL
BREWTON, AL · NCUA charter 12790 · asset band <$50M · latest filing 2023-09 · stopped filing after 2023-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/brewton-mill-12790

Who the members are: federal charter, multiple common bond, organized 1959, low-income designated. 1,695 members of 10,000 potential (16.9% of the field); checking penetration 37% (share draft accounts per 100 members); loans per 100 members 81.

**Verdict on the desk:** this could be *stressed*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $25.8M |
| Members | 1,695 (-3.0% YoY) |
| Full-time staff | 5 |
| Net worth | $1.2M |
| Net worth ratio | 4.7% (p0 of band) |
| ROA (annualized) | -4.42% (p1 of band) |
| Total delinquency | 1.27% (p70 of band) |
| Net charge-offs (annualized) | 0.58% (p80 of band) |
| Loans / shares | 84% (p78 of band) |
| Cash / assets | 15.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.25% (p44 of band) |
| Operating expense / assets | 9.26% (p98 of band) |
| Vehicles % of loans | 71% (p67 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.18% (p71 of band) |
| Vehicle NCO | 0.75% (p88 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 39% |
| Average share balance | $9,686 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 81% |
| Loans granted per 100 members, annualized | 37% |
| Average loan balance | $15,045 |
| Loans granted, annualized | $7.6M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, repo signal, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | assets shrinking | thin capital |
| 2017-06 | 2 |  | assets shrinking |
| 2017-09 | 3 | delinquency 2x band |  |
| 2017-12 | 3 | net worth falling | delinquency 2x band |
| 2018-03 | 3 | delinquency 2x band | net worth falling |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 7 | thin capital, net worth falling, losing money, charge-offs p90 |  |
| 2019-03 | 4 |  | repo signal, delinquency 2x band, charge-offs p90 |
| 2019-06 | 4 | margin squeeze | losing money |
| 2019-09 | 3 | delinquency 2x band | net worth falling, margin squeeze |
| 2019-12 | 2 |  | delinquency 2x band |
| 2020-03 | 3 | assets shrinking |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | assets shrinking |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 | repo signal | net worth falling |
| 2022-03 | 2 |  | repo signal |
| 2022-06 | 3 | net worth falling |  |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 6 | delinquency 2x band, delinquency rising, repo signal, assets shrinking |  |
| 2023-09 | 10 | capital below 7%, losing money, expense trap, members leaving | repo signal |

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

- 2023-09-13 [Alabama ONE expands through m&a again - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxONFRNYTVtSW90VlJOb29LNFExcmZTRl9Pa0dwSEM2ZmtUOTVUcWxwNDRsdFFlTTBNNXZpWjFDVDRxR0FTUTRPNFE1ZFVWaG9RWUoyRlV0dFd2RklDMGxWMlVpZmdObEZPdzF3RkgxQmZzOC1DMnZDYW9tc1FaUGlFQXhzRGZ0bmRSa1dhYTc1WlVETk1EN2p6SE1Tck51bkFZZl9zLWI5a2tUQjNBT0Vj?oc=5) · The Business Journals
- 2024-03-25 [Ranking: Alabama’s Largest Credit Unions 2024 - Business Alabama Magazine](https://news.google.com/rss/articles/CBMifEFVX3lxTFB5OWotdEdUaFpqMHJ1LUdkOUxmSDkwVEJURGlQU0hjclZBTkZ6TGw3UkpjWkRGQng4TDdHN2pNcUk1Zm56UF90eE1YRFZaN1VZM29RcnBYdU90S0k2VmhTV1VQVzA5TW9OQVFtVzJ4YXhMQ3BNTWtXZjNlRTU?oc=5) · Business Alabama Magazine
- 2023-11-07 [Tuscaloosa’s Alabama ONE Credit Union Announces Major Growth to East - Tuscaloosa Thread](https://news.google.com/rss/articles/CBMingFBVV95cUxPNWRCVEVHaVU3d0hrazNBeGFraDN4WUhaNmZuWk01VDBZRkFnazZxNDBzZ0Q1T2gxbnZ1cWFXMzdUZ0FJc25sQmtJUms0MU1oMUYzWWVTejVRNHpZckVBSjNYcmxzWWxuWE9hUkNzQ25tVEpRMGVxVlJHbXJLTzJCRW0tS0pSaDdwZE5tSW8xUGdqQmlyaXh3OG05bU1tdw?oc=5) · Tuscaloosa Thread
- 2023-09-07 [Alabama ONE Merges With Brewton Mill Federal Credit Union - Patch](https://news.google.com/rss/articles/CBMikwFBVV95cUxNUmRsWUp1RFdXeGhIU0pDc2ZIdWVZZHdzY015ME8tZ1p0eXpXRFlMa2p6ZUhSTmRxQXVfVC14SnkyOU1pWS1IMzNhVFgzNzhwNnVhb0Q0cnBYcWVNT0pDVXpvR204dGpGYWM4TklRY1RwYWVsakE1OEhxbGV4LTdoTU1haHRvaVVwVy0yS2xxVk12YW8?oc=5) · Patch
- 2023-11-08 [Alabama ONE Credit Union to acquire First Bank of Wadley - Yellowhammer News](https://news.google.com/rss/articles/CBMijwFBVV95cUxPZGUzd0xjNjJ4eWtRb185d0hsOFRWS2NsZHZIbnFqV2hiLU9ZemdzM05mYVV5VVk2eUJDTVRQTl8yMVFESldpRHZMdV9UQnFCYjFqbVh1N19PLTM5Wlh1WGstUldDUmpGVkt1c3FRdGpqRC1NTFZUbmRhTUExRXU0Y3JyejRFUlRoa0xIamxpNA?oc=5) · Yellowhammer News
- 2024-07-25 [Alabama ONE Credit Union names new CEO - The Business Journals](https://news.google.com/rss/articles/CBMikgFBVV95cUxOcVRXQ2Q3UWRZdDZUS0NKMHpPMzVNVk0tVjhjRXdHREd3NDNCaVBjM2Z1U04ycXRIVzhZQzNOSXFvSkhqVDI0YkhOOURrZFlMekJqanNuUEpOZS1fZ1daX1JVY1I2S1kweDdWaFA1TG9mY0k2aFRXT01DbDM4dTRydkVWWkxLdUxqQWtNbHFXQUJ6dw?oc=5) · The Business Journals
- 2023-11-07 [Alabama ONE Announces Acquisition Of First Bank Of Wadley - Patch](https://news.google.com/rss/articles/CBMikgFBVV95cUxNbGdZMWhtSDFPSEFvRlNNLXJvdkJ1R3g5Qk9CRUJqYVlQaEpMT293ZU5WdG83dHZSMWZvSnpKYjlLRVFUQzlZTW0ybFBmRFpZUUU5Um9oek5kQmdFX3cwYlZlSzVhdzRQemVabnliX2Y1QURxbzBwQzFLcnV4VUItejBNTlRqS3NQczIybUJ2VzdVdw?oc=5) · Patch
- 2023-10-02 [Alabama ONE completes merger with South Alabama institution - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxOQm5TQWtWczFuSUVqVFlETUU4TGg5SUdPN3B1blpzMWxQb1JQb1U1eVIwYVVTck5QdE9hYXY2TndPV2JHa3pRQXBDWFZHZFg0N3lkdEtjN3J0TDQ2QjdBNENDa3RHdDM1ODMtdTh1Y0lubTVxcEs0aDRwRGJ4SzlJcjBuZmdxMlhkajdWY3lTd3FXaHcwYll1bVBSRng3dE1MWFE?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12790 (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/54.json (key "12790", 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=12790
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide