# SOUTHWEST FINANCIAL
Farmers Branch, TX · NCUA charter 15327 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southwest-financial-15327

Who the members are: federal charter, multiple common bond, organized 1962, low-income designated. 7,438 members of 25,000 potential (29.8% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 117.

**Verdict on the desk:** this could be *liquidity-tight*. 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 | $88.9M |
| Members | 7,438 (-8.3% YoY) |
| Full-time staff | 29 |
| Net worth | $12.8M |
| Net worth ratio | 14.4% (p66 of band) |
| ROA (annualized) | 0.31% (p29 of band) |
| Total delinquency | 1.16% (p77 of band) |
| Net charge-offs (annualized) | 2.83% (p99 of band) |
| Loans / shares | 98% (p99 of band) |
| Cash / assets | 9.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 6.30% (p100 of band) |
| Operating expense / assets | 6.60% (p98 of band) |
| Vehicles % of loans | 52% (p64 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 1.45% (p81 of band) |
| Vehicle NCO | 3.20% (p97 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 21% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 14% |
| Average share balance | $5,200 |
| Participations bought / yr | $1.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $3.8M |
| Loans outstanding per 100 members | 117% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $8,444 |
| Loans granted, annualized | $21.9M |

## Participation posture (from the same filings)

Bought $1.8M and sold $0 in the latest annualized quarter; $3.8M outstanding purchased (29.8% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | expense trap, charge-offs p90, auto monoline |  |
| 2016-06 | 4 | loans>95% of shares |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 6 | net worth falling, margin squeeze |  |
| 2017-06 | 4 |  | net worth falling, margin squeeze |
| 2017-09 | 4 |  |  |
| 2017-12 | 5 | delinquency rising |  |
| 2018-03 | 4 |  | delinquency rising |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | assets shrinking |  |
| 2018-12 | 4 |  | assets shrinking |
| 2019-03 | 5 | net worth falling |  |
| 2019-06 | 4 |  | net worth falling |
| 2019-09 | 4 |  |  |
| 2019-12 | 5 | delinquency 2x band |  |
| 2020-03 | 5 | net worth falling | loans>95% of shares |
| 2020-06 | 5 | margin squeeze | delinquency 2x band |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 5 | delinquency 2x band |  |
| 2021-03 | 5 | net worth falling | margin squeeze |
| 2021-06 | 5 | members leaving | net worth falling |
| 2021-09 | 4 |  | members leaving |
| 2021-12 | 6 | members leaving, loans>95% of shares |  |
| 2022-03 | 6 | net worth falling | loans>95% of shares |
| 2022-06 | 6 | loans>95% of shares | net worth falling |
| 2022-09 | 5 |  | loans>95% of shares |
| 2022-12 | 7 | net worth falling, loans>95% of shares |  |
| 2023-03 | 6 |  | net worth falling |
| 2023-06 | 5 |  | auto monoline |
| 2023-09 | 5 |  |  |
| 2023-12 | 7 | net worth falling, delinquency rising |  |
| 2024-03 | 7 | losing money | delinquency rising |
| 2024-06 | 5 |  | delinquency 2x band, net worth falling |
| 2024-09 | 6 | delinquency 2x band |  |
| 2024-12 | 6 |  |  |
| 2025-03 | 7 | net worth falling, delinquency rising | losing money |
| 2025-06 | 6 | losing money | net worth falling, delinquency rising |
| 2025-09 | 5 |  | losing money |
| 2025-12 | 5 |  |  |
| 2026-03 | 4 |  | delinquency 2x band |

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

- 2020-09-21 [The Best Credit Unions to Work For under $200M in assets - americanbanker.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQRUFDbm9iTHp6Q2FHWjhVLXNYMU9BeWtlLW9ibnRlTTROSXlxYUpUaTZyQnlTR3o2eWlDRmR0SFNVMVNsa2NCNXVydWFUaWhlT1BTV190NmE3MEg4OFVSOXZuSGxWMEFua1lfQ01aSEFiMW1Ja1U0RFl1ak1DMDlBUWpnQmF5NTBzQ05MZzZGOEVaZWVmY1l6cDhGTjAzN3hkdUgxMklubw?oc=5) · americanbanker.com
- 2016-11-16 [Forty People Complete Foundation’s DE Program - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxPWkxrZmE2ZTBUVmFweFU3X01CREJueG1QNUs4ZDREaW9WR3IwUUlGZkhJWVAxSW5UdXFBSFlyN0FvamhPRENTUkE0cXRXUGplLXNOYTJ0UlBHYURKR0U2bWt3VUhJdURHekVPQ2lrXzc2eHFFNlBHR2dwNHByZER3b3FNUkYxNXVyeUE?oc=5) · cutoday.info
- 2022-08-30 [Best Credit Unions to Work For 2022 - americanbanker.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxOcm9zTEJkQ0FYOHVjRENIMDBVQ241cnE3MG9Ha0Z2NDFyVXRQRDZPd0t5RUk1aENLTWNzTHBtY3R0dTdhRUw0UTROU2ZDcU5sa0NrTHdzUzZhSW1zRlpnQlAtdGhZalctYlktZTFrRlUyZXFsLUFQTVNpWDlucFlJZDBsdUx0UkVKcXBJLQ?oc=5) · americanbanker.com
- 2026-08-26 [American Banker Names the 2026 Best Credit Unions to Work For - Benzinga](https://news.google.com/rss/articles/CBMilwFBVV95cUxONmZJSVY2ejJ6NTBZQjJ1RnhnU2tTT21oaGJVUHJqWEJsUHdSN0t3TFVDYlhaM3dYdklZNnpRX05pSkM3NlhPMERDbU5mam5ETVlRbG5DUXU4YThsVDFqVWlLdkdxdVpIU2JoNTFnMlJ5VkdKcEJMTGpTY3RhZXBkb0RtS1JhcEJySTNCM1RpWFhsbzh5NVV3?oc=5) · Benzinga
- 2012-08-13 [Education Credit Union CEO receives leadership award - Amarillo Globe-News](https://news.google.com/rss/articles/CBMiugFBVV95cUxPS2FaZk1jd2lXVFNQbG0wUjZOTjkxRmhrSk1aLUdSXzdrMzk0c0FiOXdjZTZVanJuNWdLX1FFVXF6cmdDOV95TnhTU1REcFVKM2ctWG1pQ1F3WkZMZW9pd3JORnhkT084Tm82SDl6SGxhTWdhXzVpXy1QenNzNWFKNEhYd2RHenc0UzdGeDByVXdDM1A4aFNxZWFpMnRrM0pncmNUUjlpZDRZSXNxUG45VjEyNHhXLWxxb1E?oc=5) · Amarillo Globe-News
- 2021-09-03 [The Best Credit Unions to Work For, under $500 million of assets, 2021 - americanbanker.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxON2lPQkZ4WUUzS1FfVE9HaVJ1TEVFNWVoNmVFLTE2WVktdnpRZGZLZlloVDBhYXRDcVdRWkJxczByRTFVam9zcXh6ZmQzYU9oNDNjWU1temktQUk3bEdpdzMzZENwNVFDaHNrdkJ5QzYyT3JnSEFmLW9yblZaR3JKZWFrcUVJc1lLNk0xYVc4SjlCbWlNcG8wemxLWGctWVNFM1VabzVDWmJkd2xkc0N0cUJ3a1VzdHc?oc=5) · americanbanker.com
- 2023-03-21 [18 Banks That Don’t Use ChexSystems - AOL.com](https://news.google.com/rss/articles/CBMibkFVX3lxTFB5bVZ4OE4yMDJFTEcxRG1odWJpOHFmakZ4c1lqMkJKQ3RBS1BmdzJnZENiMDZCS3RfQVJoWmREckJEY2tGTUZodi1HTlVKREdvZC1xUm45OTE1ZGhseE9QQWlFQU45eEdmQ2RLYjR3?oc=5) · AOL.com
- 2021-08-25 [The Best Credit Unions to Work For, 2021 - americanbanker.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNYlN2WjllenlDWUJrX2RSV3poQmstWjY5Nk5fdkZyenplUUJ5REZnQXd6ZnJUX2NqMWNjS3N2NmlDQ2VMZ25DbWdlcWRuekxwZHVUTkIycWJMQ3pTWExxU3NiN0hlMTlnUzJ5YkQxM3BLc052TTBKaUE4X3dHckJrMktRZ0NGMW1DbUZz?oc=5) · americanbanker.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15327 (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/31.json (key "15327", 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=15327
- 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