# PAGODA
READING, PA · NCUA charter 15532 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/pagoda-15532

Who the members are: federal charter, community charter, organized 1963. 2,599 members of 400,000 potential (0.7% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $33.0M |
| Members | 2,599 (19.4% YoY) |
| Full-time staff | 5 |
| Net worth | $3.7M |
| Net worth ratio | 11.3% (p25 of band) |
| ROA (annualized) | 1.71% (p89 of band) |
| Total delinquency | 0.30% (p37 of band) |
| Net charge-offs (annualized) | 0.95% (p85 of band) |
| Loans / shares | 34% (p17 of band) |
| Cash / assets | 11.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.34% (p68 of band) |
| Operating expense / assets | 3.53% (p46 of band) |
| Vehicles % of loans | 42% (p27 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.72% (p58 of band) |
| Vehicle NCO | 0.09% (p72 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 38% |
| Credit cards % of loans | 13% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 93% |
| Certificates % of member funds | 2% |
| Average share balance | $5,934 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $9,719 |
| Loans granted, annualized | $3.0M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, repo signal |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | members leaving, loan book shrinking | losing money |
| 2017-06 | 4 | delinquency rising | members leaving |
| 2017-09 | 5 | losing money, assets shrinking, members leaving | repo signal, delinquency rising |
| 2017-12 | 4 |  | assets shrinking |
| 2018-03 | 4 | assets shrinking | losing money |
| 2018-06 | 4 |  |  |
| 2018-09 | 2 |  | loan book shrinking, assets shrinking |
| 2018-12 | 3 | delinquency rising |  |
| 2019-03 | 2 |  | delinquency rising |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | delinquency rising |  |
| 2020-06 | 5 | net worth falling, losing money, margin squeeze | delinquency rising |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 4 |  |  |
| 2021-03 | 7 | capital below 7%, net worth falling |  |
| 2021-06 | 7 |  |  |
| 2021-09 | 4 |  | capital below 7%, net worth falling |
| 2021-12 | 4 |  |  |
| 2022-03 | 6 | capital below 7%, net worth falling | margin squeeze |
| 2022-06 | 5 |  | net worth falling |
| 2022-09 | 4 |  | losing money |
| 2022-12 | 4 |  |  |
| 2023-03 | 5 | delinquency rising |  |
| 2023-06 | 2 |  | members leaving, capital below 7% |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | members leaving |  |
| 2024-03 | 2 |  | delinquency rising |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | thin capital |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 | delinquency rising | members leaving |
| 2025-09 | 2 | members leaving |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | members leaving |

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

- 2024-05-24 [Utilities Employees Credit Union to merge with NE PA Community FCU - Reading Eagle](https://news.google.com/rss/articles/CBMiqwFBVV95cUxOb1pVOW1IYU44aHI1alBvYUFJQmRFZkgwdjBkdHRXUmtGRkRPRTkzSHMxVmxQWWExUVIxTTQwbFJIbFJQVDRUNmlrVzEycnZoRDVyWTJJWWtkazMzRjVpREFqRGRDbmVweXlueFMwNzVfMkVyUDhCY0tCemxUcFRidTY1MXo1WDdlRV8zLVFTMm9mY0VUdzRldmJjelo1R25VWkFFZlBnTUMyNzA?oc=5) · Reading Eagle
- 2024-07-09 [Reading Police investigates robbery incidents at local credit unions - Berks Weekly](https://news.google.com/rss/articles/CBMipwFBVV95cUxNeDdvNmJzQzBRNnNua3d6eGJibW1SUkJtVGd1Uklka1J2VjdDOFR6dnNKblhTNGNZMU1NSU9COVRSVnhWcjRIeGNLZnRtczV4UzJnTmE0ZTBfSHZBakpuNHBGdVo0UmtQOXhPbUhYamhTOExXZm1OclFqVkF3ZkQ4cEd4RTlLVWVLeWFPQ3VDV0lZNU9PdDZVMnZrcEZpcm94SFFUdFZpQQ?oc=5) · Berks Weekly
- 2018-03-20 [Muhlenberg OKs several projects, including new McDonald's - WFMZ.com](https://news.google.com/rss/articles/CBMi2gFBVV95cUxOTklEWGcwMGhyamd6NFFweEM4REtYOXpWREZsNC1iMnluV2s3WHNtWTV2TlZESHR1QkVyLUc2bVRDSHpjRTltT2Z6QTVid1c5ZklBN3hLb0ZWdndwLVQ2Y19CTHdscEJKZ1EySzJ3OW9qQk9MczJUenhnc0RRMUVCZXZ3ald1eEwwb2NFWm9DUFlBd2lnUzRZcnBIcWFPTGw1bTV5RlpvRmFvN25iVjBFY01ZQlN2UUhITUxOd3daQkd6MEpWLUowMzQyU050STJ4NFk2ZUM4RVhxdw?oc=5) · WFMZ.com
- 2024-05-03 [Robert Hertzog Obituary - Temple, PA - Reading Eagle](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5zZWlKNHpVTnc4ZHdadXlIWkZ4WlFzeFZjMXFiN1JKU0xtSFd0Nk9mMGFjV29ETkpCdmp1Y2E3WTUtQURXbEhKeExaYUpnbVFIazFOcUlKYnY1MUNnRUhXaV9lTVBoQ2pC?oc=5) · Reading Eagle
- 2024-05-10 [Thomas J. Kane - Reading Eagle](https://news.google.com/rss/articles/CBMiZEFVX3lxTE1ZdEFnWG42T1V1Y3Y4ZU1mNzVOcG42Y0JmeWxOWVJ1YWd5RWJQdksyVlVOeTBtcU94WjJqYjZnRms4aWhtakJhYWF2ZlpMZ1RKMjNZVkUyN1hWZXJ5THU0QlI0b0o?oc=5) · Reading Eagle

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15532 (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/44.json (key "15532", 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=15532
- 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