# PALMETTO CITIZENS
Columbia, SC · NCUA charter 1472 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/palmetto-citizens-1472

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 86,899 members of 713,017 potential (12.2% of the field); checking penetration 79% (share draft accounts per 100 members); loans per 100 members 61.

**Verdict on the desk:** this could be *fortress*. 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 | $1.48B |
| Members | 86,899 (2.5% YoY) |
| Full-time staff | 292 |
| Net worth | $195.6M |
| Net worth ratio | 13.2% (p84 of band) |
| ROA (annualized) | 1.33% (p87 of band) |
| Total delinquency | 1.04% (p82 of band) |
| Net charge-offs (annualized) | 0.84% (p79 of band) |
| Loans / shares | 69% (p15 of band) |
| Cash / assets | 14.0% |
| Borrowings / assets | 5.20% |
| Net interest margin | 3.75% (p79 of band) |
| Operating expense / assets | 3.84% (p81 of band) |
| Vehicles % of loans | 26% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p3 of band) |
| Vehicle delinquency | 0.95% (p76 of band) |
| Vehicle NCO | 0.86% (p42 of band) |
| Repossessed % of vehicle book | 0.04% (p38 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 11% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 17% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 23% |
| Average share balance | $6,434 |
| Participations bought / yr | $1.6M |
| Participations sold / yr | $0 |
| Participations outstanding | $3.1M |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $15,430 |
| Loans granted, annualized | $186.8M |

## Participation posture (from the same filings)

Bought $1.6M and sold $0 in the latest annualized quarter; $3.1M outstanding purchased (1.6% of net worth), $0 sold and retained. Sold in 2 and bought in 6 of the last 8 quarters. Shares 6.5% year over year.

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | leaning on borrowings |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 3 | margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | delinquency 2x band |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | delinquency 2x band |
| 2022-03 | 2 | delinquency 2x band |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | delinquency 2x band |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2026-03-30 [Palmetto Citizens Federal Credit Union celebrates new branch in Whitmire, South Carolina - CUInsight](https://news.google.com/rss/articles/CBMixwFBVV95cUxOSl8zUThBR1N3d19kdXA4dzdDalRQZU84cEV6ZmR0ejFfZk1Rdnl5NEp3NWZzMFV1TWhrelVORXFTUXdmRXhqSWhjTzd0ejNMaFZGVVdtTXVrUFpyMlc1eldpVjU4RGVxdW5FWUpKUjhmUXNpa0psWXZnZ3ZRaDF6ZjNvT2ZWWnI1cDJQcDBibVpEUTZRbTlCdFdSRVgyNmpDTHVpai1TckI3aG96Q25DU2VvUXduS3JxTVMtaVBxLW5LWHB5S1hV?oc=5) · CUInsight
- 2026-03-18 [Whitmire gets a credit union back after more than two years without in-person financial services - WIS News 10](https://news.google.com/rss/articles/CBMivAFBVV95cUxPbGR5MkNJTTV3dE1CX2NWN29kZlpvbE9URWt5UkRYNl9hRHU1V1AzakMzMnZ0ZjBPMWNPVUE4QjBXMC05ZVQ1V2laTXN0cmFqWWhTWF9TOTFWTWQySzFpNmttWWFvbGtid09VOWRjbkk5RGRqQWJaR3JzLTBqcDlralZjbW1CN0cyU2F5dkhfcWpLREJmZFFKN0o1YU9tQ1ZMR01qM09KVzQ0UlIxTElXckxYaEowUXZncGR3WNIB0AFBVV95cUxQNUpWRVczdEI1QS1ySlp0WHdpWlZ4dkZSX0lGSG1yYWZVaUE0ck5vMVNCaWVKbmtXSVJram4tTFRaNWRGTG5HQW1kd3I3akhyTVZJcFZfMGFyQXo3VjVZeldTS2JHTXhXa3p6Mmo0NlNiMWJrSzZtNTBCUzY3WTFRNEYzanRSSDBveURUV2RNQ2NGQno1TjJ5MTFfY3VYd2c5NGZocXhTRjhscFAxd3NhMWNadkxRVXNDVWNrZnFxU1FwTXRpVkdFUmhURzVOS0xn?oc=5) · WIS News 10
- 2026-05-14 [Take a look inside: Downtown Columbia’s largest new office building in over a decade takes shape - Post and Courier](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQb29CMU95dzFtN2M1SmNmaWZZUGVRQzVQbzhCaEgyUXRXd3dHbXpZOHYzNTZBMzhQUjI0bGtqZ1QyOUR5OHc3ZVRsVHVYUWNpU1JNSmdFY0F3SjZKTTZ2blg4dFFqdVFDQ2JZU1hJYW5uZUFJLTJEcHJ2cVdBOGowdy00SE1hdjRhUXRzRDl5TDZaeHVYbGVkX0tyX0poVEY3a0ZSRE5QY1NiSllrdFBhWDNjT0F1MzN5Y2I5SE82LXFvekhpX2JZNExWdDZ1R0FGRnNTVU9LUnFhUlF4cVFQWDNTNFZ2Yk5HNlE?oc=5) · Post and Courier
- 2026-05-14 [First look at Palmetto Citizens Credit Union construction - WLTX](https://news.google.com/rss/articles/CBMi-wFBVV95cUxPWVI5LS1qSlhmY1dpN2l2NU9KNWZqZTRTY01TZ3BXYTAzdldpRGdYR2M5WEVKVGZoWEpzWHR1dDBFQ0JWODJmbVp6VEtoRlFON3o2NHNEcmJFbzctZ29PVW9VMUJXOTgyNFAwTlJ3T213bmNnYTI0WlkwellyUlRsblRyX0dCNU1lZUxyUDlleEFhWU9aeHRnTnRhT3cyRVRmbjhHV3o3R2lSUEF5UzJjUU04Uk5uakdFQlZQNkVrZE1lRmxFRmJ0Nk82ei1aNVBNdy1EWDc4LVY5dHlFd0NXVGVDd1lSYWtzNEo1MDJTVUh4V04zdWVXOGM5MA?oc=5) · WLTX
- 2026-03-17 [A small SC town lost its only bank. Now a new credit union has opened there - The State](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5uN0N6aW5vUEdoMktBMS03b0hlbVFCRnlTNW9IVnktMlUtek42R2tUM2IxRnJQNzI2VnRxTnRvYVk4YUE5NUZMcVJXQVgtNHQ2RnRrM3lJVTQ2WXo0aEd6azVabm5jUjNs0gFoQVVfeXFMTVBIS2hHaHhGWVNQelFIRV84NFdqRW8zWmlsMGViWHhDZVZqM1dmVUVrd201RE5UWUVOOVhlb0NGYUtTNHpvUFhhMVcwN3hJU21IUzQ2RER5Uk5FRk1hZEtNbjVHVWUxQXE?oc=5) · The State
- 2026-07-18 [Columbia-based Palmetto Citizens expands into Georgia - coladaily.com](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOdlo2T2RPbkN5ZnNrcF9KZjBLOGRIUjFvX1VFdm9wdXVrYkhvaC1KZkxaNWdiQVBUbHhnVGJrcXg0dTNyQnZwLXNOQ2o1QkU5eWRUZnVUUm5HNTQwSHhKcHFZRnRQcnNZSW5IczVRTnk0WFJhSE9BM0x4bzQyYndla1JKQXhHZXFjNkd5VjhjZml4UHU1OFJQai1RYURPUnptUThaZXVNN2VCWmhGZ2lLcjR3bzNOMjFRbDVHWU9zcFUtZ2xlTkttby1aZjg1M2IxRXJNUQ?oc=5) · coladaily.com
- 2026-06-16 [UNDER CONSTRUCTION: Palmetto Citizens HQ leads SC projects - SCBiz](https://news.google.com/rss/articles/CBMicEFVX3lxTE5jNjJ3LUdwX0tBcW1ZMFpWOFBvejdfcThVVUNob2JyVlVHb1ZsdVpJY1U0ZUQwRC1rYkxNTG1kUmNZVlpTd1NMNmVDUUZBaTIwbGFIdmhnYUZSaG5jSFhOclhTZVp6cnhES3EyUWNKSWI?oc=5) · SCBiz
- 2025-11-03 [Palmetto Citizens FCU To Acquire Southern Bank's Georgia Branch Network - cutoday.info](https://news.google.com/rss/articles/CBMirAFBVV95cUxON0tmRVhMQTd0U3I0VFdLWGFlbndpc09Na01WeWJNdHRMYmNicFYyWktDeUtQNHRNQVh0UjF3ODZnR3h0YjF5TDU4aG9vejFoSXdiSmR5d08ySmFTaGdxaVBFdUFxY1h3MGN5TjRySVotZTV6WFh6TG9xZ2gxQXduM1ZRcjZkX2ZLbEJmeFFCSGtUaVF1WFJzRHRJbnMtYTJfSjVtbVROMzdLSDgz?oc=5) · cutoday.info

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1472 (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/0.json (key "1472", 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=1472
- 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