# TOPMARK
Cridersville, OH · NCUA charter 15438 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/topmark-15438

Who the members are: federal charter, community charter, organized 1963, low-income designated. 8,796 members of 100,000 potential (8.8% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 59.

**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 | $62.3M |
| Members | 8,796 (-3.5% YoY) |
| Full-time staff | 21 |
| Net worth | $6.3M |
| Net worth ratio | 10.1% (p22 of band) |
| ROA (annualized) | 0.35% (p32 of band) |
| Total delinquency | 1.64% (p89 of band) |
| Net charge-offs (annualized) | 1.41% (p94 of band) |
| Loans / shares | 70% (p68 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.04% (p96 of band) |
| Operating expense / assets | 5.71% (p93 of band) |
| Vehicles % of loans | 53% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 63% |
| Third-party paper % of net worth | 206% (p94 of band) |
| Vehicle delinquency | 2.38% (p92 of band) |
| Vehicle NCO | 1.74% (p92 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 12% |
| Average share balance | $3,841 |
| Participations bought / yr | $490,948 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.5M |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $7,599 |
| Loans granted, annualized | $15.5M |

## Participation posture (from the same filings)

Bought $490,948 and sold $0 in the latest annualized quarter; $1.5M outstanding purchased (24.5% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 3.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | margin squeeze |  |
| 2018-06 | 2 | expense trap | margin squeeze |
| 2018-09 | 1 |  | expense trap |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 2 | members leaving | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 5 | net worth falling, losing money, expense trap, margin squeeze | members leaving |
| 2020-09 | 4 |  | 3rd-party paper>100% NW |
| 2020-12 | 3 |  | losing money |
| 2021-03 | 2 |  | expense trap |
| 2021-06 | 2 | expense trap | net worth falling |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 4 | thin capital, net worth falling, delinquency rising |  |
| 2022-06 | 2 |  | thin capital, net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | 3rd-party paper>100% NW | delinquency rising |
| 2023-03 | 3 | thin capital |  |
| 2023-06 | 2 |  | thin capital |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | delinquency rising, assets shrinking |  |
| 2024-03 | 5 | delinquency 2x band |  |
| 2024-06 | 4 |  | assets shrinking |
| 2024-09 | 4 |  |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 5 | charge-offs p90 |  |
| 2025-06 | 4 |  | delinquency rising |
| 2025-09 | 5 | members leaving |  |
| 2025-12 | 5 |  |  |
| 2026-03 | 6 | net worth falling |  |

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

- 2026-06-02 [New Lima-Housing For the Future gets $900K to build in Spencerville, Lima - LimaOhio.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxNVldPWHVsWUV1akxXTWJxc19xYjJEeWx4U2dEbEo5Nkxka1NXM01GYUpxMnJkVGQ5dUNEMWZLZG5ETmFKZEwyTkg1TnpfVkZsZlZZNGJrVzRJODNWRTlHcGZOSHhJV2dubnZXMXNBNlMzTEUwWm5YRHRJbWpiOGZWTnNqODlJazU1UnI0ZHV2dGdzdW9ld2tPYXk3eU1ycHlJOGdJTFFmcnhpOHNPdmZFbkJzRXBGaEVKUjJPTQ?oc=5) · LimaOhio.com
- 2025-08-22 [Lynn Marie Cramer Obituary | Chiles-Laman Funeral & Cremation Services | Lima, OH - Tribute Archive](https://news.google.com/rss/articles/CBMid0FVX3lxTE5JbHhidUc4M01nQzV3aDk1bEUzYk5kUjdMSFJnRy1HNm5pSmlhSnR3RE5SMDROZ2VtelFZam5tSWZvME5MMko3T2NVUzFwazF0dlhXdm5DaEp6andTWkR2bEhfWU1UOWd3YTVIVkEyWDROSkh3eHY4?oc=5) · Tribute Archive

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15438 (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/14.json (key "15438", 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=15438
- 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