# PORTER
DENVER, CO · NCUA charter 15435 · asset band <$50M · latest filing 2023-09 · stopped filing after 2023-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/porter-15435

Who the members are: federal charter, multiple common bond, organized 1963. 1,570 members of 4,550 potential (34.5% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 9.

**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 | $22.1M |
| Members | 1,570 (-6.2% YoY) |
| Full-time staff | 0 |
| Net worth | $4.0M |
| Net worth ratio | 17.9% (p74 of band) |
| ROA (annualized) | 1.18% (p77 of band) |
| Total delinquency | 0.20% (p32 of band) |
| Net charge-offs (annualized) | 0.00% (p24 of band) |
| Loans / shares | 17% (p4 of band) |
| Cash / assets | 84.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.12% (p39 of band) |
| Operating expense / assets | 2.34% (p22 of band) |
| Vehicles % of loans | 24% (p12 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 54% |
| Third-party paper % of net worth | 10% (p89 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 72% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 9% |
| Average share balance | $6,533 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 9% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $23,181 |
| Loans granted, annualized | $536,367 |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

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

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

- 2026-05-01 [Two Dems, two Rs in primary race for Porter County Council District 3 - Chicago Tribune](https://news.google.com/rss/articles/CBMisAFBVV95cUxNUkoxZktQejdieFJwa3lPOVhKRnhXLXc1a3JuOXMzU1B2VjdfMjczMVRob2puZUhqdmFBYnVDTXUyVzk1czVXbmdHUDZ3YXI1MHBkb3JWaFpQQnJaS0t5bG1jeDlrYllkc1hxeEx5aDloRGtiS21vdWJ1Mm5hU21pUzdfVGJERWUwUFNSS0FnTS1IZC1nVmEwaTBnOTFHZnhMNlhpb2g4TEVLUm1uOTdSaQ?oc=5) · Chicago Tribune
- 2026-07-10 [Porter County Fair celebrates community spirit during ‘10 best days of summer’ - GreatNews.Life](https://news.google.com/rss/articles/CBMirAFBVV95cUxPT0xTN05LMmhMdmV3UkJNOXZscDJ6YVJhNzZCZDBwSk1uU2NTOUpaWGFXRWRqRHVQR0NXTEtlb1FUS3ZlZkRoejBOb3Y0NDItZG9EcFluNjZ4Q3MyN3F6SEVrMHZTSDdsYVZSRFZyRGFlek12d0ZlVGhHRjJPME5YVzA2dmFXeXF5SWRPaVpRVFF3SWZyZ0dLR3A5RURKSEdqaEk2VENLMlJpcnpj?oc=5) · GreatNews.Life
- 2025-12-29 [Three Jailed on Felony Drug Charge Following Traffic Stop - Coosa Valley News](https://news.google.com/rss/articles/CBMimgFBVV95cUxPbTBVdkIwcUkxYmhwYlBSaEo3WWc4UFQ3NXNoVE44TzVXcHI3RmtsWjRaWXBOM0gzbXJfTVRET3UxYXFySklnUFJjdXQ0ZFpwUUVNWnBlejk4UEtzWkN0TGlEMTVCelVfQjVJYVhocFdvdFdUT1BSQVhtT3YtbWlWWHNYZzBqSVA3SFplSEFadDZhXzZ0RzMxVU13?oc=5) · Coosa Valley News
- 2022-06-14 [Canvas Credit Union completes merger, expands to Colorado’s Western Slope - Denver Gazette](https://news.google.com/rss/articles/CBMi5AFBVV95cUxQaC13SmlOYTk2eS1nTUZNaHJnb0c0bG5zemZHOEViMENRbkszbHI0MUN2elViZDRpS3piUDF5cFVWQjlXdGVfclllWml1VlJYSDNOVng3Zkx2WXc2dktGWmZ2YjRSRktZcGQzX09Hcmd2alItZFlyT1hJSUJPSlZNVUZiemNGSUprUzZ4bk9NVy1EcmxYRjF4eDZmeW5oSDU1c1Vvakloa0UwcVZDV1FMMlQxYldOYlRSaWM1RmZUTkx2ZWxVTlYtUzhrTXhHQ0FudGtNMnYxVTNqX1IxQjYyekNfc0Q?oc=5) · Denver Gazette
- 2026-05-05 [Porter County Council District 3 race: Incumbent Greg Simms lags behind political newcomer Jack Tipold - Chicago Tribune](https://news.google.com/rss/articles/CBMiswFBVV95cUxPeTJVelctc09HbXViVjVoSVhsaFo2SGIwbnJTU0JYRGdrbEZhVUNNeTZqODY4cGx2OEUtRUxIWk9JTFBiUWx1Y2N3TGtuQlF3QTRfZXg1TFhxTFFNd1Y3emNKMEw3a1B4NVRQbXJLN0dDQnFGdGF1QWNjYUtHTElpSTdsVlNFYjAxbFNmY3dLZHY2VFFDNUk4aXl0bjNUSEhHVmxzOE9DSGJEelBiUkp4SkxNWQ?oc=5) · Chicago Tribune
- 2024-12-23 [From homelessness to hope: How CJK Community Homes is transforming lives through financial literacy - Washington State Department of Commerce (.gov)](https://news.google.com/rss/articles/CBMixgFBVV95cUxNamZraUZZWXhnNkVJY0cwRjhualRGazdKbmd4QmJmdFMyQjN0MVQtN2hDMDlySWtvY2VxT05FRnZOaFg0V1Q0eHhqOFU5U1NvUG1xNWJ1SjZGVnI3ZlU4clVGaFMtMzZtS1dnRkctUEw0QnotNk8yVXB5UnZtNm1TMXNWNENhSnp0SE5yZFV1aTByNTd3MkI2ZW1UUngxWmxLV0ViQUd6Qm1fdXk4T3oxX3BnTVJqT3ZnSERTSDM2bFNCR3YzM0E?oc=5) · Washington State Department of Commerce (.gov)
- 2021-11-16 [Two Colorado CUs Looking to Reach Across Mountains With Merger - cutoday.info](https://news.google.com/rss/articles/CBMioAFBVV95cUxQeWlhVmRvV2c0Qm5qd1p4Y0c2MElYR0ZBSkdoOWprVlEyOVNHa0tNSXFVS2dIZEN6VDdjVVJEZmhLWnpYOVllNldzOHlsSS12T0xNbjJ4VHdCSF9WaWdxRE8yejVEZWo4TTBuODhGemRaZXFTZWtERFRMckhFc0MwVnIxd0ttb3J0QTQtaTE0YWdST0libVQwUll2eGxCeTZs?oc=5) · cutoday.info
- 2026-01-08 [State of Emergency Declared in Porter County - GreatNews.Life](https://news.google.com/rss/articles/CBMigwFBVV95cUxOVzNTUEZGNHhEMkFmeGNZaDRBSUxzVGd1a0JJUF9qSmhXN2M5ajAtdTlqQTQtT2M2Y0JraTRocUZnUEo2bFVVaUZZc2RSdEFQLXlVTW5wZGFCVG1BTUJZamgxYWZyMFFNZXJaOFBWV19oSW5JQ3doV0M0MjU1X1NhUTEzWQ?oc=5) · GreatNews.Life

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15435 (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/11.json (key "15435", 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=15435
- 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