# LEFORS
lefors, TX · NCUA charter 13777 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lefors-13777

Who the members are: federal charter, community charter, organized 1960, low-income designated. 536 members of 3,000 potential (17.9% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 88.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.0M |
| Members | 536 (-3.3% YoY) |
| Full-time staff | 2 |
| Net worth | $701,294 |
| Net worth ratio | 23.5% (p84 of band) |
| ROA (annualized) | 0.26% (p36 of band) |
| Total delinquency | 1.06% (p63 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 73% (p71 of band) |
| Cash / assets | 23.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.97% (p85 of band) |
| Operating expense / assets | 4.86% (p76 of band) |
| Vehicles % of loans | 69% (p62 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 17% (p91 of band) |
| Vehicle delinquency | 1.28% (p69 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 5% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $4,057 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $161,533 |
| Loans outstanding per 100 members | 88% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $3,532 |
| Loans granted, annualized | $724,084 |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $161,533 outstanding purchased (23.0% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -6.1% year over year.

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 2 | charge-offs p90 |  |
| 2016-09 | 1 |  | charge-offs p90 |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | net worth falling, members leaving |  |
| 2017-06 | 5 | delinquency 2x band, delinquency rising |  |
| 2017-09 | 2 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2017-12 | 2 | assets shrinking | members leaving |
| 2018-03 | 1 |  | losing money |
| 2018-06 | 2 | members leaving |  |
| 2018-09 | 1 |  | members leaving |
| 2018-12 | 2 | members leaving |  |
| 2019-03 | 3 | delinquency rising |  |
| 2019-06 | 2 |  | members leaving |
| 2019-09 | 3 | members leaving, loan book shrinking | delinquency rising |
| 2019-12 | 5 | delinquency 2x band, delinquency rising |  |
| 2020-03 | 6 | losing money |  |
| 2020-06 | 7 | margin squeeze |  |
| 2020-09 | 6 |  | losing money |
| 2020-12 | 7 | losing money |  |
| 2021-03 | 5 | net worth falling | assets shrinking, delinquency 2x band, delinquency rising |
| 2021-06 | 5 |  |  |
| 2021-09 | 5 |  |  |
| 2021-12 | 4 | delinquency 2x band | members leaving, loan book shrinking |
| 2022-03 | 3 | delinquency rising, members leaving | margin squeeze, losing money, delinquency 2x band |
| 2022-06 | 4 | delinquency 2x band, assets shrinking | net worth falling |
| 2022-09 | 6 | losing money, expense trap |  |
| 2022-12 | 7 | 3rd-party paper>100% NW, auto monoline | delinquency rising |
| 2023-03 | 6 |  | delinquency 2x band |
| 2023-06 | 5 | delinquency 2x band | members leaving, 3rd-party paper>100% NW |
| 2023-09 | 3 |  | expense trap, delinquency 2x band |
| 2023-12 | 3 |  |  |
| 2024-03 | 6 | delinquency 2x band, delinquency rising, members leaving, loan book shrinking | losing money |
| 2024-06 | 4 | losing money | delinquency 2x band, delinquency rising, loan book shrinking |
| 2024-09 | 5 | delinquency rising |  |
| 2024-12 | 6 | delinquency 2x band |  |
| 2025-03 | 2 |  | members leaving, losing money, delinquency rising, delinquency 2x band |
| 2025-06 | 5 | losing money, delinquency rising, loan book shrinking |  |
| 2025-09 | 3 |  | losing money, delinquency rising |
| 2025-12 | 2 |  | assets shrinking |
| 2026-03 | 4 | assets shrinking, members leaving |  |

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

- 2024-07-31 [Eva Timmons Obituary Jul 31, 2024 - Carmichael - Whatley Funeral Directors](https://news.google.com/rss/articles/CBMiaEFVX3lxTE1FOFNZR1p3OTZ5Zno5dzJJMFVpZHhoRkJLZlNtS2lUZDF2ZVR4ajRXcFE5TmN2WGszcE1UZTAxYWwxblU5TUR2MUctdGhYV1pMUEpDTFhabnZFS3pqY0JfcHFocml5dGtt?oc=5) · Carmichael - Whatley Funeral Directors
- 2019-08-13 [Area credit unions working to make miracles happen for children in the hospital - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.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?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2022-09-17 [Arnold Wayne Story Obituary Sep 17, 2022 - Carmichael - Whatley Funeral Directors](https://news.google.com/rss/articles/CBMibEFVX3lxTE5nRlA5MW9xT1gyOGlyN0xpeHBXRnFiWlJ2OGRmcl9zcW5RLUtsREljZGNxT2E5c3VPOEJ3b3NMZ1ktQUhzamhsWWY0N0VzeEpudURsdDJKUmIzTzVoMzhieDVxSUsweENrRmN4TQ?oc=5) · Carmichael - Whatley Funeral Directors
- 2016-12-03 [Wilbur Lee Kemph Obituary Dec 3, 2016 - Carmichael - Whatley Funeral Directors](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5YNTl1ekEwSXdsSXEyS3paMXh0UFQ0Y2l2VWlfa05DcFZxTEEzSkp4QzQxcFJvMDNKNFNCUWpoWElpZlZCb1dvLUs2cGJmNXUzVFJxOEdFRWdIbFd1amxKUV9oMA?oc=5) · Carmichael - Whatley Funeral Directors
- 2013-12-01 [Walter Lee Jackson Obituary Dec 1, 2013 - Carmichael - Whatley Funeral Directors](https://news.google.com/rss/articles/CBMiY0FVX3lxTFBmMFVkZkVrbFljdklFTFZNUGVnYjZUcERuT0UyaUdLeWVGNml6ZXZqemthVmxiX1VYTklreUQ3QzZHRV9YQ29pZ0VKQi1XT1R6VjgzcnlHaEF0VU9fcFBTNUxPTQ?oc=5) · Carmichael - Whatley Funeral Directors

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13777 (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/17.json (key "13777", 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=13777
- 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