# TCT
BALLSTON SPA, NY · NCUA charter 12957 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/tct-12957

Who the members are: federal charter, multiple common bond, organized 1959. 14,607 members of 117,093 potential (12.5% of the field); checking penetration 82% (share draft accounts per 100 members); loans per 100 members 96.

**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 | $292.0M |
| Members | 14,607 (1.0% YoY) |
| Full-time staff | 63 |
| Net worth | $27.7M |
| Net worth ratio | 9.5% (p23 of band) |
| ROA (annualized) | 0.39% (p27 of band) |
| Total delinquency | 0.25% (p17 of band) |
| Net charge-offs (annualized) | 0.22% (p31 of band) |
| Loans / shares | 81% (p66 of band) |
| Cash / assets | 2.5% |
| Borrowings / assets | 1.03% |
| Net interest margin | 3.48% (p44 of band) |
| Operating expense / assets | 3.74% (p52 of band) |
| Vehicles % of loans | 25% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.27% (p24 of band) |
| Vehicle NCO | 0.00% (p4 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 40% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 31% |
| Average share balance | $7,768 |
| Participations bought / yr | $7.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $11.2M |
| Loans outstanding per 100 members | 96% |
| Loans granted per 100 members, annualized | 52% |
| Average loan balance | $15,156 |
| Loans granted, annualized | $57.8M |

## Participation posture (from the same filings)

Bought $7.5M and sold $0 in the latest annualized quarter; $11.2M outstanding purchased (40.2% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 6.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | leaning on borrowings |  |
| 2016-12 | 3 | 3rd-party paper>100% NW |  |
| 2017-03 | 1 |  | leaning on borrowings, 3rd-party paper>100% NW |
| 2017-06 | 2 | 3rd-party paper>100% NW |  |
| 2017-09 | 2 | leaning on borrowings | 3rd-party paper>100% NW |
| 2017-12 | 1 |  | leaning on borrowings |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | leaning on borrowings |  |
| 2019-03 | 1 |  | leaning on borrowings |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 2 | leaning on borrowings | net worth falling |
| 2019-12 | 1 |  | leaning on borrowings |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | net worth falling |  |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | leaning on borrowings |  |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | loans>95% of shares |  |
| 2023-12 | 2 |  | loans>95% of shares |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 3 | net worth falling | delinquency rising |
| 2024-09 | 3 | loans>95% of shares | net worth falling |
| 2024-12 | 2 | delinquency rising | thin capital, loans>95% of shares |
| 2025-03 | 1 | assets shrinking | leaning on borrowings, delinquency rising |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | assets shrinking |
| 2026-03 | 1 | net worth falling |  |

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

- 2023-05-26 [Ballston Spa Educator Receives TCT Teacher of the Week Award - Saratoga TODAY newspaper](https://news.google.com/rss/articles/CBMinAFBVV95cUxPd0JfaE5QRFdDZzJnenpEdGstUk1oUnBUUHhCbTlUSEF3TnI2VDAwX2hEaUd4T0FtREhoVU1NZ1RXM3BWbG5OSkRwOGMxMWJLd1hrNXpQVl96YzNGZC13bDl0NzJtTEdVNUg0TzRIY3lDY0ZBemkyYjBiZTI5X2NocnVBWlAxems2bTF0alJWVzBYSzBaNlhjYkRVaW0?oc=5) · Saratoga TODAY newspaper
- 2015-04-08 [Credit Union Donates Funds And Stuffed Animals For Sick Kids At Saratoga Hospital - Saratoga.com](https://news.google.com/rss/articles/CBMi1gFBVV95cUxOcVk2bVVRdnUtQjFjSVI4cnVIRUZLeDB2RDA2aE5XNzRLZ250b2JrZUhTU3V5MDJwVENLLUlMWno1VVZlSHp0RWhsOVZVTnZvV0MyUHZwUGhiN2tCeDE3Y01TZllpanRVOHBNNkR6NFJsV1dvMUZrc1dTbDhJREdWRjFWLUJLb19vQnh5LVA5VDFQaVZEWTIwWUdnc2FrZGxONlNqN3hELXJmRU1xa2ZZbVhaRThvc0FZWkMxNjBZeVlzYTZUWmRmQVQtNHhvUjdUazNkdDZn?oc=5) · Saratoga.com
- 2025-09-09 [Alloya Elects Two New Board Members At Annual Meeting - cutoday.info](https://news.google.com/rss/articles/CBMilAFBVV95cUxPWC14YlJ6S3VndWIzcFhiY3RSV1gtQjZJRGtRMUpBLThWYnJpZEVkMzhIMk5xX3B1WEZpdHdTXzFIaHh6MnBlc09nTkVYUWtsNlpvNUM2T1JMblhZbkgtODktZzhPSUZlaUZFNEFTN1BDamwxdkpzRHhvTVFUQzJTNzdFaUM5ZE5LUFJiUDg5Smk1aHc0?oc=5) · cutoday.info
- 2019-01-03 [New year, new jobs for credit union executives - American Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxOaVhmQmVZNFJ3cmVfa0dpTXpSU1dUd3QzMk1ocEFjbDVFZ0NkMU5PRnJhSmQ3LV9CYTRvQWsyTnpVT3pCUU9abWlmTm55WGNkNGlYTlVLVU4wUThndW5vVU1Dd0tZNlA4RjY2b3RBS2VRMUJTSnBhUkRYODBQNi1CWHNBQzlwMFl4S1NROWxaTkh4bzVhZ1hQTlpn?oc=5) · American Banker
- 2019-09-04 [Johnstown woman arrested, accused of attempting to cash fraudulent check - WRGB](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPMFQxanVwaERocWtCZ1A2S09qbzdUbkhvR3VTYkRUZzNMMjgtbjJwcWRzMjRDSXlvWlZjYnhUT2p5QmRjUV9mSk5hcWtLb0lBSDhkS04xaS1pSk5SZ1M5QmFyTEVwT0dCSEdmRFRDYkN4R25OcmlYMlFFNG1nRF9VTGxiX19IQ1VndV90SlprOHlPeWF0ZWItZmk5ejFFY3NkNE50LUVteko?oc=5) · WRGB
- 2026-06-02 [Lake George Jr.-Sr. H.S. students participate in Budget Challenge competition - suncommunitynews.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxPY2xHbzJOS0o4SHRkTDd1enlnNjlaUG8tZEcyVk5leDdxTFp3aWI5cnh0bElPTzBqVEpPX0E0X2JxMDRxVVhXRGZIeDVYU19EVUNrQUR5TmtiQklpYUVKZHEyR3k5ekM3Q2t1R1ZNaUF6TjMwbDdaanVJQWFuUnh4cnRsVW90VGloQUVFN1pGd21vTC1DMmxTRUMyTGtCTlp6LXNHYThscFNZS0pnVU1BM1lVVmhrQQ?oc=5) · suncommunitynews.com
- 2025-03-20 [Ballston Spa Educator Wins Award - Saratoga TODAY newspaper](https://news.google.com/rss/articles/CBMid0FVX3lxTFBwRDJzWkdxbURGb2NjOGIxNVNTUXd5alhfZmR1M3NMM01MVmRVaVNUanQtZWFiYjZvQkt2Y0hZYjNacGtlWHVZbmtha29VcDRhNXFQZ2VlbXVXQ1RxNUhpOFcyVmdoU1p6cHh4RkN5dTNEdVdZZGJF?oc=5) · Saratoga TODAY newspaper
- 2024-01-23 [Scott Bennett Obituary (2024) - Fort Edward, NY - Post-Star - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNZ2l5YS0zVi1jZTBTQ1E2a0kyWHRNNmNhVW5nME53Q2NlWUFRMzhSZF9VVmUzRDQ0NWtaQlpTVTRkWXdSMWdSTFNWaF9obmRrU21VRkp5X3FoTU1BLTdqOTItWjcxTEZXem42OGlfNlFuR0NqMHRPNHc0dVQ4bWp3OFZ0Y25hSHFFa09pVHhR?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12957 (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/29.json (key "12957", 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=12957
- 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