# IRCO COMMUNITY
Phillipsburg, NJ · NCUA charter 17395 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/irco-community-17395

Who the members are: federal charter, community charter, organized 1966. 6,246 members of 711,000 potential (0.9% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 17.

**Verdict on the desk:** this could be *ordinary*. 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 | $94.6M |
| Members | 6,246 (-8.5% YoY) |
| Full-time staff | 17 |
| Net worth | $9.2M |
| Net worth ratio | 9.8% (p18 of band) |
| ROA (annualized) | 1.17% (p74 of band) |
| Total delinquency | 0.02% (p3 of band) |
| Net charge-offs (annualized) | -0.08% (p6 of band) |
| Loans / shares | 60% (p49 of band) |
| Cash / assets | 15.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.41% (p86 of band) |
| Operating expense / assets | 4.28% (p74 of band) |
| Vehicles % of loans | 3% (p1 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.21% (p25 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 72% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 131% |
| Core shares % of member funds | 93% |
| Certificates % of member funds | 4% |
| Average share balance | $7,796 |
| Participations bought / yr | $0 |
| Participations sold / yr | $2.9M |
| Participations outstanding | $2.0M |
| Loans outstanding per 100 members | 17% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $49,871 |
| Loans granted, annualized | $8.4M |

## Participation posture (from the same filings)

Bought $0 and sold $2.9M in the latest annualized quarter; $2.0M outstanding purchased (21.8% of net worth), $139,866 sold and retained. Sold in 1 and bought in 3 of the last 8 quarters. Shares 0.7% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | delinquency 2x band |
| 2017-03 | 2 | net worth falling |  |
| 2017-06 | 0 |  | losing money, net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 1 | delinquency rising |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 0 |  | delinquency rising |
| 2020-03 | 2 | net worth falling, losing money |  |
| 2020-06 | 3 | thin capital, loan book shrinking | losing money |
| 2020-09 | 6 | margin squeeze, delinquency 2x band, delinquency rising |  |
| 2020-12 | 5 |  | delinquency rising |
| 2021-03 | 6 | charge-offs p90, members leaving | delinquency 2x band |
| 2021-06 | 4 |  | net worth falling, charge-offs p90 |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 3 |  | loan book shrinking |
| 2022-06 | 4 | delinquency 2x band, delinquency rising | margin squeeze |
| 2022-09 | 3 |  | delinquency 2x band |
| 2022-12 | 3 |  |  |
| 2023-03 | 2 |  | delinquency rising |
| 2023-06 | 3 | assets shrinking |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 4 | delinquency rising |  |
| 2024-03 | 5 | losing money, repo signal | delinquency rising |
| 2024-06 | 5 | net worth falling, delinquency 2x band, delinquency rising | assets shrinking, losing money, repo signal |
| 2024-09 | 2 | assets shrinking | thin capital, net worth falling, delinquency 2x band, delinquency rising |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | assets shrinking |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | delinquency rising |

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

- 2024-11-04 [Teachers, staff legacies will be preserved in Educator Hall of Fame, P’burg SD says - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxQMDZIN1YwelNERzZXa2JwQ2tIb09LUkM4dDhublMzRWtqMUduRWFkaWdXQzV6MlpWNy1HYWFmM19ZQUlzZmVUOW16eTVZSmRjU2pEbkpQN2JYQzVoVHh4Wmo0UXc5OXpEVkp2ZG4xSG8tNkFReHg2YVBlR3R0UFYtTE9WeE5fbGdyaWdEZFdpQV80dHJ1WEpHWFZ0cWdSc1ZSOW12Yi1Jb2FQeVFTcVBrcHAxLTZyM0FMQ293MnUwNEwtcjAyUXFQRFhYMA?oc=5) · Lehighvalleylive.com
- 2024-05-26 [Robert Fye Obituary - PA - The Morning Call](https://news.google.com/rss/articles/CBMiXkFVX3lxTE5EaGVBWk9PY3pPYl9tdUpRYWZqWjZValpVMDE3bnh3Zm5CNkkzaUp0VGhwUmg3bGRockl0RnFReE1pNHZoSklhUDFnbzRENnZOR1BIb2pQZnRMMzFoYUE?oc=5) · The Morning Call
- 2026-04-30 [Phillipsburg Resident Warns of Hazards at Bates Street Jug Handle - TAPinto](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOMnhpT0tQSWxxZXM3RmZ6Z1pGeHJZb21zZERhUGkxVW05ZjFXcVd6aVRVcnBRSjhRTXlqeElrbjg3eFh5Q0h6VjVsNE95Q3ZCM1ZTa3owa29mX3o1bkhsNkJoYnBxZGI4SGRNWkxWd3BtWkpfN1VFOWxXUHdVM3JTdU54V0VaWlVfQWJ3VDNvckFabGNLb1VfeUNFeS13b01meF9Bcjlwd0dhN2xULTRvekpYUjFKcEcyRlEwbUVwdWlJRnJVbFZ3ZHFfOTNJTThYeFJF?oc=5) · TAPinto
- 2026-03-20 [Phillipsburg is honoring 7 educators who shaped generations of students - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMiygFBVV95cUxQOVdKQm9Tal9qQWZDTnMyVU1pRG1GLS0yeHJtRTZPNjkwTkV3UjRVSzQzdVpTY2ZtM0NSdHpXVmNyLVNGZFZYeWhpNGszWVp1SGpkcS1HN1FJSFRiNE1hTzR2Y2EwaEFweFJ3UWFvZzdkeWZWZVprNk1KUUl5cEsyVWJJLXhNQzZVWWNxMHRHMnJQWTFSeFBlTkNET2V5MWUwN1RRRkFOTFZtbkp6S19UNUwtZE1pQ3FoTVpCN2RSZEl5YUZFQ09zRmRn?oc=5) · Lehighvalleylive.com
- 2024-06-22 [Happening Today! Celebrating the Annual Phillipsburg Ole Towne Festival - TAPinto](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQalpoRWJyT0VqcUpyQmh3YmR1NXVxMmZiV3ZtalZUUmRacVlLZmdUZG9uLW5vVGNQaVByak9XVHJ6bkFWajFoOVA2cU5xdUxhcGc3UmxUSHhSS0hHOHp4Snc4eDVMMkwtU3RWQWtJT1h1OTRDV2g2QXFrZWxWOGJ3NnYyRkgyRUZyQlpSaWpYLWRCcWdmcTBXQmZjcHJkVEY3b0hEQWR4RnFPNTJwY2JSYkE4ejJTeENVZzM1RGtMZnpISXpZN3RaNWdPbWhONnlibU41aURpTDJULWp6SmNIQ3lUdW45U0pCVnc?oc=5) · TAPinto
- 2023-07-19 [John Flynn Obituary (1937 - 2023) - Plainfield, PA - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNUp2NHJUVHlzcVc4SHBheW1vbU9MRzZkWjRwX1RHNjQ4TW1XQjBxTjVjZ3pIa3BXTUdNVURiNnptSXExYk9Xam1Qd0RhWVhyeVVEZTA1VGR5Vk5nOXBMejhZSkVqZHlod1haeDByWVRyVlh1Y1lZdUpOQnloZTMxM1VlbndQQVRubzF0cGd3SGU4bE5B?oc=5) · Lehighvalleylive.com
- 2023-07-13 [Gertrude Junglas Obituary (2023) - Easton, PA - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxNT05jMHEwOFBQcVBFYzRJcnM0MTdudGdQNjBLVmRqTTZFZjNaaU5VQk1MQXBGdG1qb2hVd3VHNXdxUDhDSm1qZEpYRDlKekxlOWhrRlpBRndlc3pmMGkzNERTWkhoMXNDbzd5YkZBaEw5eWdkTGdIVWZpdVZhOXJUT3BxWFY2QVZ1bFJOcHB4VHZlR0xZR3FHTlpxZGY?oc=5) · Lehighvalleylive.com
- 2021-10-06 [Margaret Vargo Obituary (1942 - 2021) - Palmer Township, PA - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMimgFBVV95cUxQVkxLSGxTM2l1QTI4aXpYN0FsMHdGbG50ZXQ5Z2xuWk1waDNYdHhuNW84WDdWS1N5SjdvV1J6YzJuaThTd19IUU1NM2tuTnIxSURTSmt4OG9oc19GeE9Lc3NzYU5LekZnYWhSdUROMmE3Vm5MWVRvWHh2VDhOZjBEeDhBc1RfemxBNm9TM3BIVXhXX0NoQVdYZlFn?oc=5) · Lehighvalleylive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=17395 (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/51.json (key "17395", 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=17395
- 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