# AMERICAN SPIRIT
NEWARK, DE · NCUA charter 15426 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/american-spirit-15426

Who the members are: federal charter, multiple common bond, organized 1963, low-income designated, minority depository institution. 12,122 members of 67,602 potential (17.9% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 20.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $69.5M |
| Members | 12,122 (0.2% YoY) |
| Full-time staff | 10 |
| Net worth | $13.2M |
| Net worth ratio | 19.0% (p88 of band) |
| ROA (annualized) | -0.62% (p4 of band) |
| Total delinquency | 5.82% (p100 of band) |
| Net charge-offs (annualized) | 0.58% (p76 of band) |
| Loans / shares | 34% (p8 of band) |
| Cash / assets | 11.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.92% (p14 of band) |
| Operating expense / assets | 4.49% (p78 of band) |
| Vehicles % of loans | 13% (p6 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 4.67% (p99 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 11% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 56% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 3% |
| Average share balance | $3,762 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.7M |
| Loans outstanding per 100 members | 20% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $8,769 |
| Loans granted, annualized | $1.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.7M outstanding purchased (35.7% of net worth), $3.5M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.0% year over year.

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 0 |  | delinquency 2x band |
| 2016-09 | 2 | delinquency 2x band, charge-offs p90 |  |
| 2016-12 | 1 |  | charge-offs p90 |
| 2017-03 | 1 |  |  |
| 2017-06 | 4 | delinquency rising, charge-offs p90, assets shrinking |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 | leaning on borrowings | delinquency rising, assets shrinking |
| 2018-03 | 2 |  | leaning on borrowings |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | net worth falling |  |
| 2019-06 | 4 | delinquency rising |  |
| 2019-09 | 3 |  | net worth falling |
| 2019-12 | 2 |  | delinquency rising |
| 2020-03 | 2 | net worth falling | delinquency 2x band |
| 2020-06 | 2 |  |  |
| 2020-09 | 0 |  | charge-offs p90, net worth falling |
| 2020-12 | 2 | margin squeeze, delinquency 2x band |  |
| 2021-03 | 1 |  | delinquency 2x band |
| 2021-06 | 0 |  | margin squeeze |
| 2021-09 | 2 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 0 |  | delinquency 2x band |
| 2022-06 | 4 | delinquency 2x band, delinquency rising, charge-offs p90, assets shrinking |  |
| 2022-09 | 2 |  | delinquency rising, charge-offs p90 |
| 2022-12 | 5 | delinquency rising, charge-offs p90, leaning on borrowings |  |
| 2023-03 | 4 | losing money | assets shrinking, charge-offs p90 |
| 2023-06 | 5 | charge-offs p90, assets shrinking | losing money |
| 2023-09 | 6 | members leaving |  |
| 2023-12 | 4 |  | delinquency rising, assets shrinking |
| 2024-03 | 5 | margin squeeze, assets shrinking | charge-offs p90 |
| 2024-06 | 6 | delinquency rising, charge-offs p90 | assets shrinking |
| 2024-09 | 6 | loan book shrinking | members leaving |
| 2024-12 | 6 | assets shrinking | margin squeeze |
| 2025-03 | 5 |  | charge-offs p90 |
| 2025-06 | 3 |  | leaning on borrowings, delinquency rising |
| 2025-09 | 3 |  |  |
| 2025-12 | 4 | charge-offs p90 |  |
| 2026-03 | 5 | losing money, delinquency rising | charge-offs p90 |

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

- 2015-01-15 [Police: Bank robbery suspects caught money laundering at Delaware Park - Newark Post](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOZGlrbWZHUFhqYTA0ODBlRHpTTWMyNkY0Y1g3RDJLS29Xdm1MTjV4R05STGY2bnV0eDRMcFZDUG9HYzJ5ZmpST0R2Yy0taHpHa29zZ3k3SFBBbmF5b0lrSVdBYnd3ODdMcEJycWZNLW9hVjhWUmE3QXVNU0w4M2hwVFpMQTkzanBXOVdtVzJla01UcUZsclR2X20wZ1JFSzdIWWlWeGNuS0JHYTcyNF9WMTNKRHdhQXV4MFJCQzI1b1p6OFNpVFJ3NFF2dHB4dUJURFU4ODR5Zy1iaFRvWVdieHhvaW9YaWhsR2tRNTln?oc=5) · Newark Post
- 2017-04-01 [Serial Newark bank robbery suspect arrested in Maryland - Delawareonline.com](https://news.google.com/rss/articles/CBMivgFBVV95cUxNc1d6Z0k5aVczbUM0N2VuUDVYT25VYmwweC1KdUpQVkhVSmItVUlEMEJkLWxGdkM4WFlIcEF6cWtod3dMbTVXYnpDenFHZ3dwQ0ZYNkhaNUN4R0NTc2w4RjVxbS1VcDI5SUd4RDl6MnJPbmJ1cWNTWVpsUUZXOUhQQy1wUThhVVZyZUdveUkyUFN6VFkyNHpIRnR6T0lXMV9pUl9WOVFXb3NjUmZDajk1bnJkcDhGWVFBLUNaUHRR?oc=5) · Delawareonline.com
- 2022-04-18 [Eugene Holley Obituary (2014) - Lagrange, GA - Post and Courier](https://news.google.com/rss/articles/CBMingFBVV95cUxPM1Zjd0l0SnY0MzlzQ2gwNEIxWEdIQ2ZyTmFPNWR2blVmUUlYVTFtS3FsVmwwc1owZ2dzRU1JTVZSek1ScGdfUWJLVlYzY0ZvN21uQUNndHlQZ2hjSjduakdEVGtwWTFnRE5RWGJua1RHcmdTNnpreDlUWXdMcmdPTUZidDBYSS1qMVpxWWloWWdMMmJKUUQxMUEtZUxPdw?oc=5) · Post and Courier
- 2017-07-07 [Newark Police: Man found dead on Elkton Road was victim of hit-and-run - Cecil Daily](https://news.google.com/rss/articles/CBMi-wFBVV95cUxNeDJybTNIRGJUWWZZNkxwOENYSTRxaGdhWUFHZkZMWTJZcVRraVh0ZWxfcDFkcFJPWmlxRXE4cS1WckdGU3pldDdmWlcxQ0pQSk5ob25YWEgySG41ZWtfRVBDdUJ3RHR4S3lMcVp3T0M3dE1sMkRXNlBpWGR1aVY1UmZUa2s1ekRyQUpJVVl2TTBULWd1SjA2Wmc5eVFIQXRkSnNCVU5EM3ZjeFBNQ3pVTFZBVktNYTdNR21sWldzci1yTVhtRzVvaWp3WmRiY1NGRDhZX3YtSmlWX1ZIeW9yT2hTa2o1bUZNVkx5eVVfZVRUZVFBLWdpRnJnaw?oc=5) · Cecil Daily
- 2017-09-22 [Elkton Road Hit-And-Run Suspect Turns Himself In To Newark Police - First State Update](https://news.google.com/rss/articles/CBMipgFBVV95cUxPcU1JNV9ZYjBDcEZXWXFyQmN2dXdwSE9XVThuUEJhNnJVeXpPSERJand4ZkU1NFJ1OF9aR3htSGlUc1psYXdBYlRnRHVhd3ZPYzN4c3k2ckJRRDhMUTJhWExGME9ZQkhzclE0ZWtEaWxVYU1ONTV4bGxXWWpPZWo1VmEyeEdLZ1h0amJVVm5FMF9TMGp6RjhfRlpQbklrazhTSEVPX2ZB?oc=5) · First State Update
- 2017-07-07 [Police ID victim of fatal Elkton Road hit-and-run - Newark Post](https://news.google.com/rss/articles/CBMi0wFBVV95cUxQcDJTOUtqWnIybXRYbkEzQ0JOUDhIVmxYaUc4eHpNYVlwSTdYZzNRbWJTVGowY3FubmI1OG50TXRjNE1uVlY5ZjczWkM1clMtOHJfb2hqSWQwbTJvbGUwNkZ0QUZBWnd5alI3UGlLMDRROW1DV3NpR1N5Q2lUQUwxYmFmYUxqLXRZWnktZjNuaDlVNTZ0dFhPb1A3VGZHYkhMS3BpRDFxQmFzTFhJNWphM2NVcTBWS1pSMDRPV0o3dml1X2FmQllzME9oaDBGVnlzbU44?oc=5) · Newark Post
- 2006-12-07 [WILLARD MCBROOM Obituary (2006) - Wilmington, DE - The News Journal - legacy.com](https://news.google.com/rss/articles/CBMimAFBVV95cUxNMVpicHRoWmxDOVpKZmhNT1g3RzREWTVNWUV4X18zLUhNYWNDRV9SSTZkeWlqenNhM1VaYmdPTl96RjdzeGhPN1ZnYUhsSlFQUGx1eWJoX01aT05nZkFlNEtfclk2SHlSV2Q5VzRZX1FrZlNaQzFBbjZoLWoxV3JEVkF0RnJQbTdPQ3pmcUdvOXVZaWh2WHBXUw?oc=5) · legacy.com
- 2025-03-11 [Newark City Council approves new Wawa on Elkton Road - Newark Post](https://news.google.com/rss/articles/CBMi1wFBVV95cUxPemIxY3ctSkhZWEkxamFhN2cyNU5NMEhDUDMyeXVrS1MyekFsMXNmb1Mzd3ZGamxQZ3pYSTdTVHd1UFVfc09PdWF1QkM1RDMybkc0MUNzZUdTbWRCRW1LOXlPUUF2bEZSTUVnUGVUelBIazJxWVJnc2o4Ri1pM2lTQm9DS0QzanlnZVAwQzVDS210T2tlSEFaVC1OWlpiaXpHS003Uk9zT1ZJeG5xeWlKWWZlYU80R09fYXkwRzlOTUs2bjFfdHZkcEU5VjB1WkxYVERkYVBHNA?oc=5) · Newark Post

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15426 (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/2.json (key "15426", 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=15426
- 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