# PASADENA SERVICE
Pasadena, CA · NCUA charter 1368 · asset band $100-200M · latest filing 2023-12 · stopped filing after 2023-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/pasadena-service-1368

Who the members are: federal charter, community charter, organized 1936, low-income designated. 11,605 members of 1,625,914 potential (0.7% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $155.3M |
| Members | 11,605 (-0.3% YoY) |
| Full-time staff | 25 |
| Net worth | $16.1M |
| Net worth ratio | 10.4% (p36 of band) |
| ROA (annualized) | 1.19% (p78 of band) |
| Total delinquency | 0.86% (p71 of band) |
| Net charge-offs (annualized) | 0.37% (p68 of band) |
| Loans / shares | 57% (p21 of band) |
| Cash / assets | 5.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.32% (p55 of band) |
| Operating expense / assets | 3.23% (p43 of band) |
| Vehicles % of loans | 26% (p24 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 7% |
| Third-party paper % of net worth | 8% (p38 of band) |
| Vehicle delinquency | 0.44% (p44 of band) |
| Vehicle NCO | 0.61% (p76 of band) |
| Repossessed % of vehicle book | 0.17% (p86 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 18% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 11% |
| Average share balance | $7,102 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $23,626 |
| Loans granted, annualized | $17.6M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | thin capital |
| 2017-03 | 0 |  |  |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | repo signal |  |
| 2018-03 | 2 | net worth falling | repo signal |
| 2018-06 | 1 | repo signal | delinquency rising, net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | repo signal |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | delinquency rising |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | delinquency rising |
| 2020-06 | 5 | net worth falling, losing money, margin squeeze, loan book shrinking, leaning on borrowings |  |
| 2020-09 | 6 | thin capital |  |
| 2020-12 | 3 | members leaving | net worth falling, losing money, leaning on borrowings, thin capital |
| 2021-03 | 2 | thin capital | loan book shrinking, members leaving |
| 2021-06 | 3 | members leaving |  |
| 2021-09 | 1 |  | margin squeeze, members leaving |
| 2021-12 | 3 | net worth falling, margin squeeze |  |
| 2022-03 | 2 | delinquency rising | net worth falling, margin squeeze |
| 2022-06 | 1 |  | delinquency rising |
| 2022-09 | 2 | delinquency rising |  |
| 2022-12 | 2 | assets shrinking | thin capital |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | assets shrinking |
| 2023-12 | 1 |  |  |

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

- 2025-12-09 [Bite of Reality: A Pasadena Credit Union Teaches Teens What Adulthood Really Costs - Pasadena Now](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQanRJQU9VbEJSQ2ZJYkp3T28yN2hmXy13Mmc0eEFuSXVYSTgyQ2t1dzRYZjhkZTNvRnk2TExXd1ZWdE1JejdJRXVucGdzMy1RQVh2NmdIbHJ0RFl1RmFoLUVlNEFBOEFwX08wUmo1Ymh5U3lGUUpNdGtNUjVjSFFRUUctMmRjVUdnTDllbnllbFZScVEyVEI3MWF6UzBZcDZZUjJyZUpEWTRMUmNlQ25mMGNoUEY4RW1TSmxr?oc=5) · Pasadena Now
- 2023-03-14 [It’s Business Week at John Muir High - Pasadena Now](https://news.google.com/rss/articles/CBMihwFBVV95cUxQalR4V18tZGRELWRqTkVsQktLZHozRUt4VWg3dUYxaFNLVkNYOFVlRTJETHA2VjdFVkhJN2JjVlpEa3hGWXJuNFdlelo4VWdsQjJqRkFmZVo1SDZJNlM4TmVobkNndEZUTUQxdU9ONkxISmdmc0NmSTI0ci1YOEhwWV9kNWxDdFU?oc=5) · Pasadena Now
- 2024-01-31 [Leadership Pasadena Celebrates 25 Years and Welcomes 2024 Cohort of Leaders - Pasadena Now](https://news.google.com/rss/articles/CBMipwFBVV95cUxNenRLNmozdHlaWFo5T0xaSno5YmdNdGNjRTV5TU5FWUppRXhSelcxcktGVHpkaDlra2UwSEVMTUlrblBXRjczS2tlQzR0U0J5dElzZkN1SldnWFNEV3R4LVhDbDIxdl9BTk5ZOGUxX25uZU1jMmd1bVV6dWFYRll0SHFhaGV2Rk9nT0xpZC1XUF9JdEt1NVcydU9lSE9pNk5qM19sN1Z6MA?oc=5) · Pasadena Now

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1368 (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/24.json (key "1368", 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=1368
- 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