# DELAWARE ALLIANCE
NEW CASTLE, DE · NCUA charter 15790 · asset band <$50M · latest filing 2025-03 · stopped filing after 2025-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/delaware-alliance-15790

Who the members are: federal charter, multiple common bond, organized 1963, low-income designated. 2,522 members of 224,473 potential (1.1% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 31.

**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 | $24.4M |
| Members | 2,522 (-6.9% YoY) |
| Full-time staff | 4 |
| Net worth | $2.8M |
| Net worth ratio | 11.4% (p30 of band) |
| ROA (annualized) | -13.29% (p1 of band) |
| Total delinquency | 0.30% (p38 of band) |
| Net charge-offs (annualized) | -0.12% (p9 of band) |
| Loans / shares | 21% (p6 of band) |
| Cash / assets | 22.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.78% (p16 of band) |
| Operating expense / assets | 16.85% (p99 of band) |
| Vehicles % of loans | 60% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.45% (p51 of band) |
| Vehicle NCO | 0.00% (p33 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 14% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 5% |
| Average share balance | $4,496 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $5,651 |
| Loans granted, annualized | $0 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

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

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

- 2024-03-20 [Hispanic chamber of commerce launches in Delaware - Delaware Business Times](https://news.google.com/rss/articles/CBMikwFBVV95cUxOZno3QkdQams0OGtyWlBTVEdaRFJjV1ZrSl9KUi1aQTc2SkF5QVB6N3RnRTNzZWduV1hnc2EzWW9xdVV4eGNVZHkxVDU1ejN1VkJTWXRrdU5pSmh3NXJDS1ZVbWFLalJSWUlJVEFTb1VSQ3RfcGdfczBYUGJYVExYdHhXOEVQNzljMVR2MHFieVZ0czA?oc=5) · Delaware Business Times
- 2011-05-07 [Obituary for J. Michael Dunlap - Doherty Funeral Homes, Inc.](https://news.google.com/rss/articles/CBMiVkFVX3lxTFAxaVJSaFhFaHRTenFlOWFLb1VnSmFHLTNoUjQ1MnBqN29vQkhVeVhRb3B6TW5XY2ZES3BCVUJkdVBsNDkxWHFGSERjTFpyUDJneVdPelZB?oc=5) · Doherty Funeral Homes, Inc.
- 2014-06-14 [Jean Reed Obituary (2014) - Georgetown, DE - The News Journal - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxQV2pWa0xjbmtZX0lfaFBMV0JPVVJMM2VaakdxMlJHQ3l0c0txWnhaNTZCZU9GVmQxZ2RMZE0wYTV2UU02V3lQWmhROVpxTTRrUmFFMFV3aWIzSVppeFJHMVAxMThXY3dKRjZQV3I4RTA3TU1jRGVRYkVzODdpTkJPUXlvTWpHWk0yeXl6dEV5bw?oc=5) · legacy.com
- 2025-12-16 [DBT announces 2026 Delaware 222 list - Delaware Business Times](https://news.google.com/rss/articles/CBMiggFBVV95cUxNblFjaUdiTFo4d3RDN3ZyVV94VmczN1RTRUxOdEJzTkJlbk1aR0p4elEwVEs5Zktzd21jUXRHNzVhdWs2anJELTNWaUNZQ1JtRkxTWVhJRG1HS2ZxZ0RsWjF5eTQtRDhnU2d6SmZZSUFPaXRmSHl2OG50MGxFQXpaNF93?oc=5) · Delaware Business Times
- 2006-12-20 [SAMUEL SIMPSON Obituary (2006) - Wilmington, DE - The News Journal - legacy.com](https://news.google.com/rss/articles/CBMilwFBVV95cUxPZ3llMnc1U0tYZVRVbGJzazhNTmQ0NlVaR19mV3B6NjFuQ3VwSXI2US1sX0p0ZzFGYUltWnFNdURQMmtNQS04SF91OXhpTS16NzZydzJpNlJ2bmY4SVBBaF94LTJrQlVkeEdHN0FrbmhlYXNIbFZFUzlQbHFmdzFKNTctck1mTVBscW1nMTB4WTRlR3d4NExj?oc=5) · legacy.com
- 2024-12-17 [DBT announces 2025 Delaware 222 list - Delaware Business Times](https://news.google.com/rss/articles/CBMiggFBVV95cUxOOFYyNHljd1drSU5TN05vcENyRHhmZWdzeFZjbldpdlhtM3AydDhzZi1FNXVmSFVCWDRlRHE0ZWtSN1hVbFd2amV2QjZKVDFhUXVHQVF5S1dqN3BoNkthbmdPclVwQ3BSbTVHSlV4MzJLdEhTVVg1ZlQ4SGhmbGQxWk9B?oc=5) · Delaware Business Times

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=15790 (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/46.json (key "15790", 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=15790
- 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