# LAMPCO
ANDERSON, IN · NCUA charter 15248 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lampco-15248

Who the members are: federal charter, community charter, organized 1962, low-income designated. 7,796 members of 1,587,607 potential (0.5% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $89.3M |
| Members | 7,796 (3.4% YoY) |
| Full-time staff | 24 |
| Net worth | $6.7M |
| Net worth ratio | 7.5% (p2 of band) |
| ROA (annualized) | -0.16% (p11 of band) |
| Total delinquency | 1.35% (p82 of band) |
| Net charge-offs (annualized) | 0.41% (p65 of band) |
| Loans / shares | 81% (p85 of band) |
| Cash / assets | 9.7% |
| Borrowings / assets | 0.56% |
| Net interest margin | 3.78% (p55 of band) |
| Operating expense / assets | 4.51% (p79 of band) |
| Vehicles % of loans | 71% (p90 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 629% (p100 of band) |
| Vehicle delinquency | 1.48% (p82 of band) |
| Vehicle NCO | 0.46% (p64 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 39% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 3% |
| Average share balance | $6,845 |
| Participations bought / yr | $2.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $15.8M |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $15,647 |
| Loans granted, annualized | $21.3M |

## Participation posture (from the same filings)

Bought $2.8M and sold $0 in the latest annualized quarter; $15.8M outstanding purchased (236.1% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 16.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | losing money |  |
| 2016-09 | 4 | expense trap |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 2 |  | losing money, expense trap |
| 2017-06 | 4 | net worth falling, losing money |  |
| 2017-09 | 3 |  | net worth falling |
| 2017-12 | 4 | auto monoline |  |
| 2018-03 | 8 | thin capital, net worth falling, expense trap, leaning on borrowings |  |
| 2018-06 | 6 |  | losing money, expense trap |
| 2018-09 | 4 |  | delinquency 2x band, net worth falling |
| 2018-12 | 5 | delinquency 2x band |  |
| 2019-03 | 6 | losing money, assets shrinking | leaning on borrowings |
| 2019-06 | 8 | expense trap, loan book shrinking |  |
| 2019-09 | 8 | delinquency rising | expense trap |
| 2019-12 | 9 | net worth falling, members leaving | loan book shrinking |
| 2020-03 | 7 |  | assets shrinking, members leaving |
| 2020-06 | 8 | margin squeeze, members leaving | delinquency rising |
| 2020-09 | 11 | capital below 7%, loan book shrinking |  |
| 2020-12 | 11 |  |  |
| 2021-03 | 12 | charge-offs p90 |  |
| 2021-06 | 9 |  | losing money, net worth falling, charge-offs p90 |
| 2021-09 | 7 |  | margin squeeze, loan book shrinking |
| 2021-12 | 6 |  | auto monoline |
| 2022-03 | 7 | net worth falling |  |
| 2022-06 | 4 |  | capital below 7%, net worth falling |
| 2022-09 | 4 |  |  |
| 2022-12 | 3 | auto monoline | delinquency 2x band, members leaving |
| 2023-03 | 4 | delinquency 2x band |  |
| 2023-06 | 4 | assets shrinking | delinquency 2x band |
| 2023-09 | 3 |  | thin capital |
| 2023-12 | 3 |  |  |
| 2024-03 | 4 | thin capital, members leaving | assets shrinking |
| 2024-06 | 6 | delinquency 2x band, delinquency rising, leaning on borrowings | members leaving |
| 2024-09 | 6 |  |  |
| 2024-12 | 5 | net worth falling | delinquency rising, leaning on borrowings |
| 2025-03 | 5 |  |  |
| 2025-06 | 4 | members leaving | delinquency 2x band, net worth falling |
| 2025-09 | 3 |  | members leaving |
| 2025-12 | 4 | net worth falling |  |
| 2026-03 | 6 | losing money, delinquency 2x band |  |

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

- 2026-07-19 [Lampco Continues Focus on Community Through Responsible Banking - WISH-TV](https://news.google.com/rss/articles/CBMinAFBVV95cUxOeVQ4ckNDeTl1Yjk5dEtNMEloT3JhUjAtNmhvb3VpRGZ0bmpTem1tV1k1TmJRMFVFNG5VWDJBVDgteWxOazR3eXh0MWx4UVZOWWlBeXZGc210Zi1ZMndPZW1LQzZRX1JSTjBES0Z2cEhTUEtndG1TZ0psNW1fb1VzOVRZUS1Ob2pnaFNLcmV2c1cyX2FkVWdxQ3VjOEM?oc=5) · WISH-TV
- 2025-12-19 [Connecting a Small Business Board of Directors to the Community | Lampco Federal Credit Union - WISH-TV](https://news.google.com/rss/articles/CBMinAFBVV95cUxONXhVczdTUFpRdVhHalRIdDhWNmczRjAxUmo1TWp4NXVDTlNnYUlyZ1VneE54ZTRyVE5vQllkckxWNGREZ3NRTjhpdGR4a0h6SW1uR0NldUlYWXRRMGZXR1ZCT1pJeEdmeTNyQlpZYnRXb0JWU0c4SEtFY0llOXBsY0VPSWVvb0ZaaTBhYmV2OGpTaGoxN0lyQmtXUEg?oc=5) · WISH-TV
- 2023-11-30 [Anderson-based credit union expanding outside Madison County - Indianapolis Business Journal](https://news.google.com/rss/articles/CBMiigFBVV95cUxOcmZvOGNuSzhJc0p3ajBrdlBvcDAyWVp3VzJXRUJDRmZHd0d2QTVpZlYtbzJ4bFNndkhKd3ZTU011b0dpTms3dTJnRGthMERxMmZ3WlgzNWplUi1iSXFuc2lUYjQtT2doZzIyTU5TbjZRY3dyVWYyRm04Y1NJLUFvLU83S1V6NHBQRkE?oc=5) · Indianapolis Business Journal
- 2024-11-12 [Lampco Federal Credit Union expands, announces partnership with Martin University - Indianapolis Recorder](https://news.google.com/rss/articles/CBMitAFBVV95cUxPMDdKa2d6bFViSEFacHJLaVlXQ0lKNFdod3Z0dWowbExibjR4WUtQZERqNG5MRUZ5UElxS2ozX3lUa2JmbU9KUVdDam8tbGJYbXp5QnR6SDR1ckZVeUg4UHF3allodkFWNUg3SUppTlZZRlpSYkt4MVRSOXZ4b1o5ek9MOVpwRzFOSGpVVFk1cXRST3RvYm96Q0tLVmNscVZ2bjJQc3VyZFNuSUJ2MWpHZWNjNXA?oc=5) · Indianapolis Recorder
- 2024-11-25 [Anderson-based credit union opening Martin University office - Inside INdiana Business](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPQmhYNkxLOEIwYkVzVGw3WW9BOEotYURpaWpSMDZNak5TVmNULUYzM19HR0lrWWxGdUk2Z3BwcXQxbzktX3NzcHpLUFFjQkhySkNhZmt5RWU4NDc5QmxMQy1EQmdoeUF5SmN6WjBvc1FYMk9oOFdrY2VNeXhUZ0xOS1hudGVaYk83WkFnUXZYbC1CZDUxZDlBd1F0WmZYczlZVGxOcjN3Rm5zUFE?oc=5) · Inside INdiana Business
- 2021-05-20 [Patterson named CEO of Lampco Federal Credit Union - Herald Bulletin](https://news.google.com/rss/articles/CBMi1wFBVV95cUxPeHo3ZlZNWE14MllsenlkNElEbVpRQVN1RFNoQUFpSUxuMVZlVlNaeWRjMndweVd5N1Mtd1lEV3NVaHJHMEhjMnEwT040YnZzVmh2b3hDYTB6TjlIMWxXWm5hN0xFLUFDT0ZOOWJTci1JRTVsVm5WZG5yZGRNcXEzakI2bzI4NUdheTFyWmxHLUFuMnJjZ1RUbVdSUkRiQk9pMkphTDAwS0JLX0JqeHRVWEtmaGZmXzlHdEJnUlByVDV4N0RmNjhCRmFJNkJxRWZ6SlJzWnY4aw?oc=5) · Herald Bulletin
- 2025-09-01 [Lampco Credit Union Expands to Service Small Business Banking Needs - WISH-TV](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOV1RVRjN5em5YNXZmcU0zWExPN2RvY1JkaHh1bW5qZXBZVjdzczJXa3puZ1BOcDZ5S3I0WGtnal8yOVh4M2hVQXpDWnB0VG5TVzViWnFxUnVXVnMzZEtDSEg2QXdRalFYcms4M0NJVnRYbk5ROHpDOUhOY0VpTlM2dlpLMTdxQ1NKTVNGWDk0Y3QtV1UyUTl3bmZxS1phekpqWm9zeUJkTUZheUstUkZ0LXNiOTJCVFpxaFZtN0hvby0?oc=5) · WISH-TV
- 2019-07-08 [Robert P. Graves Jr. - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxOOWgtNmx2SE1jeVRxX1JGQUdlaUEzbGl6elFfWElwUGVhX01hNjdfQ2drakVlWHJuSWpoUnZKNThqVFZITkRGakNQY0pPcUU0VVljWUNzazJTRHhUbGh6RG4wMFBWN1h5aXZsUEMweWVoNVBHUGc4dkNQamR2TFlVWG5saWk?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15248 (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/16.json (key "15248", 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=15248
- 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