# PUERTO RICO
Caparra, PR · NCUA charter 13939 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/puerto-rico-13939

Who the members are: federal charter, multiple common bond, organized 1960, low-income designated, minority depository institution. 22,856 members of 326,994 potential (7.0% of the field); checking penetration 2% (share draft accounts per 100 members); loans per 100 members 44.

**Verdict on the desk:** this could be *quiet fade*. 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 | $187.2M |
| Members | 22,856 (-4.3% YoY) |
| Full-time staff | 40 |
| Net worth | $24.8M |
| Net worth ratio | 13.2% (p69 of band) |
| ROA (annualized) | 0.45% (p33 of band) |
| Total delinquency | 0.41% (p33 of band) |
| Net charge-offs (annualized) | 1.11% (p91 of band) |
| Loans / shares | 84% (p79 of band) |
| Cash / assets | 5.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.60% (p89 of band) |
| Operating expense / assets | 3.74% (p53 of band) |
| Vehicles % of loans | 42% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.38% (p36 of band) |
| Vehicle NCO | 1.50% (p85 of band) |
| Repossessed % of vehicle book | 0.13% (p82 of band) |
| Real estate % of loans | 25% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 30% |
| Commercial % of net worth | 9% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 32% |
| Average share balance | $6,361 |
| Participations bought / yr | $4.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $1.5M |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $13,594 |
| Loans granted, annualized | $55.9M |

## Participation posture (from the same filings)

Bought $4.0M and sold $0 in the latest annualized quarter; $1.5M outstanding purchased (6.1% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -4.6% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 0 |  | net worth falling |
| 2017-06 | 1 | delinquency rising |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 3 | net worth falling, repo signal |  |
| 2018-03 | 2 |  | repo signal |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 1 | net worth falling |  |
| 2019-03 | 0 |  | net worth falling |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | members leaving |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, charge-offs p90 |  |
| 2020-06 | 2 |  | charge-offs p90 |
| 2020-09 | 1 |  | members leaving |
| 2020-12 | 2 | members leaving |  |
| 2021-03 | 4 | delinquency rising, charge-offs p90 |  |
| 2021-06 | 3 |  | delinquency rising |
| 2021-09 | 3 | margin squeeze | charge-offs p90 |
| 2021-12 | 2 | charge-offs p90 | members leaving, margin squeeze |
| 2022-03 | 3 | delinquency 2x band |  |
| 2022-06 | 5 | delinquency rising, members leaving |  |
| 2022-09 | 4 | assets shrinking | net worth falling, delinquency 2x band |
| 2022-12 | 2 |  | delinquency rising, members leaving |
| 2023-03 | 3 | losing money, auto monoline | charge-offs p90 |
| 2023-06 | 3 | net worth falling | assets shrinking |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | auto monoline |
| 2024-03 | 2 | delinquency rising | net worth falling |
| 2024-06 | 4 | charge-offs p90, assets shrinking |  |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 2 |  | losing money, delinquency rising |
| 2025-06 | 3 | delinquency rising |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 4 | members leaving |  |

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

- 2026-04-08 [/C O R R E C T I O N -- PenFed Credit Union/ - PR Newswire](https://news.google.com/rss/articles/CBMiywJBVV95cUxQRXpEVHJ4dWNiZUMwN1Nfemk0UDZKWjE2ZnRmcTVFNXJ3VDRqX3JHb201ODRYS2lWN1JtQVl0U2YzcmVjSjVhWlhoREwyR1ZDZlNGZ0tfS3h4bW1STEpQYy1tY3dUUEdUeUdLMkNKM2QxU2RiWW1uckFrQTZqQy1iLVBlbWdlN3V0TE11bzJVR056MU1UY2Z4VTM1Tm5wUy02STBUTnJIbVZTUXZ5cC10YkJnUE4wZDBIN2pzS0t6eXhYQmpWdWl0ak9UV3dYamZRalRSU1ZkRWVvbWhFbWk3dUdHbjBlUmhOODlJb05kSjFtTDhDMmdvbWZLTVVEZlY1X3hjZmtoMG5mUDZZV2pTVE1VMllWUUpac3dNMkdQakp0M1J5UExGTUJjWlNzNUVXNzJwR01nU1loNUphN3BabmoyMXhSTmlhby00?oc=5) · PR Newswire
- 2026-05-04 [New law raises credit union capital to $150K in Puerto Rico - News is My Business](https://news.google.com/rss/articles/CBMikgFBVV95cUxOZU1LN2lHdFFFUEZkMEo2M3NLazgzT0xBblRVLXFyTDVLT1QtYUVjQ3RZb3RrYTJhOF84aWdIMUdDZTFTU3RYT191dTkzak5HelBFSnhiU1FfUThiRjdwdkllaU1pdjE0aGNYNks0TGViOUEyV3hhYTJiTEFBWTB1WkRGTWdQSktSeGU4NXAzT3l2UQ?oc=5) · News is My Business
- 2022-10-11 [Meet Puerto Rico’s unlikely climate champions: Credit unions - E&E News by POLITICO](https://news.google.com/rss/articles/CBMilgFBVV95cUxNdk5DMG9JVklIQm95d2hfcmdZRWxxQ0ZqSXN6ckxZNjRxYUNxbGZFRVpqZTRhbFBWNURsN2dHSVpPZE1jd1ZZMF9xTnhkQ3RlUDVzOXJTMmJPT0tBSWt2RnJCTzhBX3hYbzRxMFhDQVBTZThrTFNpbVd2alBNRUQzTV9XaEVOQ2NLWVkyY040cXdfdXR2TlE?oc=5) · E&E News by POLITICO
- 2026-06-18 [La Sagrada Familia becomes 1st PR co-op in FHLBNY - News is My Business](https://news.google.com/rss/articles/CBMihgFBVV95cUxPRThILW1rWnpBcmVydDhLVEt1Tm8zWFhkaV81akM2U3E5azVCYWZUY3FRcjZ4bVB0OUpubXY5cUlXdFh0XzZVTzBQNFVTbHZ3WFFMeTJtdGlWcDlkMnl4RndSQUJORFJpTGpjOXk0V0VaRXdhbWlVTHdxRGY0aXI5d0JYcjZSdw?oc=5) · News is My Business
- 2022-01-06 [Puerto Rico bankruptcy judge rejects credit union fraud claims - Bond Buyer](https://news.google.com/rss/articles/CBMimAFBVV95cUxPN2M3SGIwcWxQdkhyZnc2cVgwSDg3OEZLNWF6M1FhelJjTHpjTmltUUtJT3RKaVJfbU1CSHBDdzB1SmtzazBPendLYmM4cTdLenlJdnZxbk5oNElqQ3hENEM0OHIwNi1rTzRfUGFGN3ZhVHFtdGVoTC1rTDhQUXhxS1hGNTRYRnZjNjRTV3VYZUpfSW1GeDJFVw?oc=5) · Bond Buyer
- 2025-07-17 [PenFed Continues Adding Branches in Puerto Rico - CUTimes](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNaXNoY19GbWtnbWwyUXdaMnJRaWJ3YmFMcVV1REMtN2x6c012cDljRE5MRlpuMVAwM2JoLXlVUDFESVdNbDNFckV1aFlXWVlyd2R5X2RFdEpqMF9kOFlCeWJ3OEx4MGRBZEJUcjRIRnZCT1JFbEV1c09GdjFBUWtMdzZDUGVXbE5Eenhn?oc=5) · CUTimes
- 2022-09-28 [Credit unions step up for Puerto Rico in wake of Hurricane Fiona - American Banker](https://news.google.com/rss/articles/CBMiswFBVV95cUxObTNBRUhxb1pQNlBCbHluekk5am1RcHN5ZzhoTTdVYnRQdExEWGtXeUdxQlM5YzlNQTk5XzNnZ21DeHVEcXRua2tNVFRzU01JRm0wWkdHUnBhOTJINGQtLXRycHBrWEtGSHpKM29peHFwZndsYlRGTlFyXzV0d0FrNktVNkNOdkl1MXM0WUp3d3pSQk0tVW9UUTlnV3VPUW56OXBjb1RqTWRkeUt3S3BKaXNqaw?oc=5) · American Banker
- 2025-07-09 [PenFed Credit Union Hosts Ribbon Cutting for New Humacao, Puerto Rico Financial Center - PR Newswire](https://news.google.com/rss/articles/CBMi2AFBVV95cUxOa0ZxTE9hUzMzcWFBY2tsdU1rREtfSFFjcC10MS1NYVBkZmF6UDM1SWx0TzVFNXkxNDFMRjZGNGZVLVJfYzRHSk5ENVJoOEhCSjVWZXNOSjBJMnpUazVZTG5oak81a3IzazlJcDNYaUEzNFlFNmx2MG5yT0ZGYk5ZaTFhRjFJeXJRamdsRm9xaHZuQnI3aEdOejdxWEJIMmtieHhGUmJFYTRmUFhhZTZfNHFFNjZ6Y0ZId1RQYl9JendRV3lqYVRRV1k0M2tkSnBEazFJMXZyc1E?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=13939 (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/51.json (key "13939", 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=13939
- 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