# LOUISIANA
Laplace, LA · NCUA charter 174 · asset band $200-500M · latest filing 2024-03 · stopped filing after 2024-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/louisiana-174

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 35,886 members of 4,709,075 potential (0.8% of the field); checking penetration 79% (share draft accounts per 100 members); loans per 100 members 66.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $409.2M |
| Members | 35,886 (0.6% YoY) |
| Full-time staff | 123 |
| Net worth | $54.7M |
| Net worth ratio | 13.4% (p82 of band) |
| ROA (annualized) | -0.06% (p12 of band) |
| Total delinquency | 2.01% (p98 of band) |
| Net charge-offs (annualized) | 1.57% (p96 of band) |
| Loans / shares | 90% (p81 of band) |
| Cash / assets | 12.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.44% (p98 of band) |
| Operating expense / assets | 5.43% (p99 of band) |
| Vehicles % of loans | 38% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 2.84% (p98 of band) |
| Vehicle NCO | 1.40% (p88 of band) |
| Repossessed % of vehicle book | 0.25% (p90 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 66% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 23% |
| Average share balance | $4,794 |
| Participations bought / yr | $3.8M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $13,409 |
| Loans granted, annualized | $73.9M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | loans>95% of shares |  |
| 2017-09 | 3 | leaning on borrowings |  |
| 2017-12 | 4 | net worth falling |  |
| 2018-03 | 5 | delinquency rising |  |
| 2018-06 | 4 |  | net worth falling |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 4 | delinquency rising |  |
| 2019-03 | 5 | losing money, delinquency 2x band | loans>95% of shares |
| 2019-06 | 4 |  | losing money |
| 2019-09 | 3 |  | expense trap |
| 2019-12 | 1 |  | leaning on borrowings, delinquency rising |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, expense trap |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 2 | margin squeeze | delinquency 2x band, expense trap |
| 2021-03 | 4 | delinquency 2x band, charge-offs p90 |  |
| 2021-06 | 0 |  | net worth falling, margin squeeze, delinquency 2x band, charge-offs p90 |
| 2021-09 | 1 | delinquency 2x band |  |
| 2021-12 | 2 | net worth falling |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | delinquency rising | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 4 | charge-offs p90, assets shrinking |  |
| 2023-03 | 4 | expense trap | delinquency rising |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 6 | delinquency rising, loans>95% of shares |  |
| 2024-03 | 4 | losing money | assets shrinking, delinquency rising, loans>95% of shares |

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

- 2026-09-08 [54 Credit Union Leaders Earn CUDE Designation - cutoday.info](https://news.google.com/rss/articles/CBMiigFBVV95cUxOZVpnbEstUFVkSDRERlRkaWlLX240b3pWSm1DMTN4VW83REFRZzFMU2w5eDcxSGVhRVdnSlk1c3pMcmJtWk5OeUVvb0tLMWVoT3FRNElON1pPM21aZGR0eEI0SWhUY0wtN0lSSDFsSmJBcDQxenBmZFJSbzhNT2tmTFdZTXphWUZtN0E?oc=5) · cutoday.info
- 2026-09-01 [Constance Kennelly Obituary (2026) - Terrytown, LA - Mothe Funeral Homes, LLC - Harvey - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQZzZ3YVZDbHZtUlpZc09mLVd0S0hqV1prZ2hGenU2MHZSczVnOF9TUFU3bGVxbzFpeFBXbUR0WndhYmp4SzM2Y2NDV0NTUnp3S2ZWNnNwX201YlVhXy1fb2ZwTWFpZWlLdGZvbDVpLW9oVWc4ek9QSlczZkJhbzM4b3dlR08wVHJu?oc=5) · legacy.com
- 2026-06-24 [29 Credit Union Professionals Graduate From Southeast Management School - cutoday.info](https://news.google.com/rss/articles/CBMirAFBVV95cUxQaWpNSnBVRW94T0dRR1FOZmlLNXhuMjNMbWVUbFZYcV9qX2pueDR0VFlmU0JzaldLUmljdjVWdUdUSmdtSU5DWjVZUnhocE5zdVdXOEtGdmFLaUdZTWVkcmpmMFRMei1kUF9mejMwMzh1eGthS1NNc0xTTm5zTzBHbkpGdHR1anZ0VVk1d3BOWE9odWFRcm43RFl4NEtpdndYVWRPVVlfcFZPMTRu?oc=5) · cutoday.info
- 2023-12-12 [OnPath Federal Credit Union, Louisiana Federal Credit Union Plan Merger - Biz New Orleans](https://news.google.com/rss/articles/CBMingFBVV95cUxQTUJfZGhrNXIwc0pkb2FCOFdGbi1PY0RodWNSb1daX0UtLTFiUHpLc0Jhd2pVakpJaWhmNmJkTVc2SFpHWUlaYnRXNHRDY2toZDVGdGJFY25lTnBjeU0xMUJCTzdxVFNVb0FNQjk5VnkzX2VBMHpJWWZSQXNsU0c4YXNyS3RUcWx0Y21DYlloeVRmeGI2Nng3MlJYVG9Ydw?oc=5) · Biz New Orleans
- 2025-07-25 [Louisiana credit union to buy in-state bank - Banking Dive](https://news.google.com/rss/articles/CBMitAFBVV95cUxNWDNSX0lLTU5PYVZKa3B6bXdyb2l2ZFhaWENfQW1XM2hQTzVLaW5zMHVNS2M2NEdZM0NsWlRXM1lld1VKejJtWVNpblNaUFJvWTJEYVMtemdQNmlNbVBmUng1UmhldC1adUFJZ1psZTFTYmFFaGJobk5FWGFGNnFiYWRlMDRxaldSTmpvTl9SMlNQZ1BTT0VQRU1VOVlCTVVPV1hvekE1a2lkMENOSnJhTnF3Q0U?oc=5) · Banking Dive
- 2023-12-12 [Louisiana credit unions to merge into a $1 billion-asset institution - American Banker](https://news.google.com/rss/articles/CBMitwFBVV95cUxObHRHV2VVb1dwdEdYWUVyWk5DOWlXeGJjakJBalhGWUh5NlJkQV9fa1M1V2NwMlJkM1B0akpDOXdxZWJMeGdMTUI5TEJrZnVZeDctQmMwMmxFazdoUVlkaFNBZ2Y4ZTdOMF9HWFRQMDE1TnBmNVNrS3lQbXhmbTdDRUtEWENtQ1VFcjhlV3R5YTZZVk53Z3RMbkJvYWpPUkF1T0RqM3JEWlhIMHVlUGRTWE9UdndxcG8?oc=5) · American Banker
- 2025-07-24 [Credit Unions in Louisiana & California Plan to Complete Bank Acquisitions in 2026 - CUTimes](https://news.google.com/rss/articles/CBMiuAFBVV95cUxPOFFjNXdCcTlERWVDcUR1MXd4a2R2VVk0X2U0S1A2eko5R0JaSTlwN0VRa3VsTEg3SHJyRFUtQUtJcHBOUHU5UUF0b21VZzYyWG5GMjRQbWV2RmxNc2MyLUNyQU9kUU9kQnFYNFNhWUQ3Z1ZobnUxOUVyS01NbHJPRHhNdjF0MlU5bl9acXdpVzlpZ2FQcEIwNFl0RVZFNjQ5WFRSQmU1S1pEOXpHYlF5NnJHTDVHbjU3?oc=5) · CUTimes
- 2024-12-19 [Credit union breaks ground on new Kenner branch - CUInsight](https://news.google.com/rss/articles/CBMikgFBVV95cUxNaGRNTEEzOWVQUFp3UGNURXJEWDl4Mko3OWZWUklrdzBCcnBnb3d0MFJSUFhwSTVKM0s4SjlERmNzcU0tTjc4Uk1kSnRDejNEbndfUGdvTzFkX3hYcVRPUWFEYlUtNUFUaG9BcHZObjlhbGEzX0ZxWkxEUFY3enZjd3NrQTUzUmd1eDFVLTBZOXNpdw?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=174 (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 "174", 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=174
- 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