# TWIN STATES
Columbus, MS · NCUA charter 16590 · asset band <$50M · latest filing 2020-12 · stopped filing after 2020-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/twin-states-16590

Who the members are: federal charter, multiple common bond, organized 1965, low-income designated. 1,779 members of 5,000 potential (35.6% of the field); checking penetration 8% (share draft accounts per 100 members); loans per 100 members 26.

**Verdict on the desk:** this could be *stressed*. Composite score 13 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $7.1M |
| Members | 1,779 (-4.0% YoY) |
| Full-time staff | 3 |
| Net worth | $78,415 |
| Net worth ratio | 1.1% (p0 of band) |
| ROA (annualized) | -6.77% (p1 of band) |
| Total delinquency | 6.47% (p95 of band) |
| Net charge-offs (annualized) | 8.69% (p99 of band) |
| Loans / shares | 47% (p43 of band) |
| Cash / assets | 44.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.61% (p79 of band) |
| Operating expense / assets | 4.60% (p84 of band) |
| Vehicles % of loans | 86% (p95 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 7.42% (p96 of band) |
| Vehicle NCO | 9.55% (p100 of band) |
| Repossessed % of vehicle book | 5.70% (p100 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 31% |
| Average share balance | $3,372 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 26% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $7,014 |
| Loans granted, annualized | $702,359 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, delinquency 2x band, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | delinquency 2x band |
| 2016-12 | 3 | delinquency 2x band |  |
| 2017-03 | 2 |  | delinquency 2x band |
| 2017-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | delinquency rising |
| 2018-03 | 5 | delinquency rising, charge-offs p90 |  |
| 2018-06 | 3 |  | thin capital, charge-offs p90 |
| 2018-09 | 3 | loans>95% of shares | delinquency rising |
| 2018-12 | 3 | delinquency rising | loans>95% of shares |
| 2019-03 | 7 | thin capital, losing money, margin squeeze, charge-offs p90, repo signal | delinquency rising |
| 2019-06 | 6 |  | thin capital |
| 2019-09 | 6 |  |  |
| 2019-12 | 9 | thin capital, net worth falling, assets shrinking, loan book shrinking | margin squeeze |
| 2020-03 | 13 | capital below 7%, margin squeeze, delinquency rising |  |
| 2020-06 | 11 |  | assets shrinking, delinquency rising |
| 2020-09 | 11 |  |  |
| 2020-12 | 13 | assets shrinking, members leaving |  |

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

- 2026-02-12 [Meridian to kick off Blue Angels Weekend with "Jet Jam" concert - twinstates.news](https://news.google.com/rss/articles/CBMi5AFBVV95cUxQdWQ2R1AtTnhZazJJbzRNRWt2RkFjVFZMUzQzVG1ZS2Q2NWVOQW9CQnU2UUFjaGhKX2l0NTNaYUtxUUtNSTVhOEUxdmlPQUNPUGJVWklXc2xOOHg3Mm1tVWFiTFREY1JrRmdld1JmY08zeWl1ZlAzTHA3MF90ejZPZklsVzM4SG1EMUVSdHJiY0JsWUZRbkJrODQwZFh2MlRiMDRWNERxbWExU1JSNUNkNnBzYzZTVll5bXV2QzFrWlYyV1gwOFd5V3oyMU9pNzRJcllyc1ZjSHVRMXRmWmFlelNTbnU?oc=5) · twinstates.news
- 2021-05-19 [NCUA Confirms CU Was Liquidated Due to Alleged Fraud, While Another Got Into Trouble Over Subprime Loans - cutoday.info](https://news.google.com/rss/articles/CBMi3gFBVV95cUxNZkNBanNabW1WTFFMUklfUGtNLW0yUHYzY3VOUGhJUmVqZmlzM1lyY1RGdWhnTDhDdWx3WHpaN1NIRHBlYkNLMm0yaHJRZW53NWhabzQyVjZIX2NmXzRDU2RZcndGTVo1cEdvc2xNZmhITHVfenUteHRtY25JSGpUdTBWSUIzdUpzMk1aRE43R0hqUFZPZGxGTUh0Tkd4eEt1M1VGbENaQU5MbzBieWNPV0RYeVJ5N0VjN0ktWjZPRUpLYnNhVXBLeTV5eUN5V3ZycDUzYXFvdkR1eVRTeEE?oc=5) · cutoday.info

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16590 (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 "16590", 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=16590
- 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