# PEOPLE'S TRUST
Houston, TX · NCUA charter 177 · asset band $500M-1B · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/people-s-trust-177

Who the members are: federal charter, multiple common bond, organized 1935. 30,780 members of 1,562,505 potential (2.0% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 34.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $524.7M |
| Members | 30,780 (-0.8% YoY) |
| Full-time staff | 60 |
| Net worth | $55.0M |
| Net worth ratio | 10.5% (p67 of band) |
| ROA (annualized) | 0.75% (p58 of band) |
| Total delinquency | 0.10% (p12 of band) |
| Net charge-offs (annualized) | 0.38% (p85 of band) |
| Loans / shares | 48% (p11 of band) |
| Cash / assets | 12.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.97% (p13 of band) |
| Operating expense / assets | 2.60% (p23 of band) |
| Vehicles % of loans | 49% (p78 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 117% (p52 of band) |
| Vehicle delinquency | 0.06% (p10 of band) |
| Vehicle NCO | 0.50% (p77 of band) |
| Repossessed % of vehicle book | 0.00% (p41 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 6% |
| Average share balance | $11,626 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $22,088 |
| Loans granted, annualized | $111.4M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | charge-offs p90 |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 | assets shrinking | charge-offs p90 |
| 2018-06 | 3 | loan book shrinking | thin capital |
| 2018-09 | 4 | delinquency rising |  |
| 2018-12 | 3 |  | delinquency rising |
| 2019-03 | 5 | delinquency rising, charge-offs p90 |  |
| 2019-06 | 4 |  | delinquency rising |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | assets shrinking |
| 2020-03 | 4 | losing money, assets shrinking | charge-offs p90 |
| 2020-06 | 3 | members leaving | 3rd-party paper>100% NW, assets shrinking |
| 2020-09 | 2 |  | losing money |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 4 | delinquency rising, charge-offs p90 | margin squeeze |
| 2021-06 | 1 |  | loan book shrinking, members leaving, delinquency rising |
| 2021-09 | 1 | members leaving | charge-offs p90 |
| 2021-12 | 1 | 3rd-party paper>100% NW | members leaving |
| 2022-03 | 1 |  |  |

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

- 2024-09-12 [David Ray Oldham Obituary Dec 27, 2023 - Dove Cremations & Funerals](https://news.google.com/rss/articles/CBMiX0FVX3lxTE45NFZCYWtNbVFnZXZramJfU204MDcwYmZITjhDVm0wLW9rRThwR2FBME5rc2V4QVZJYzNRZ3Z6d0ZHd0xONnJ3a292YjRUUmtrR0I3bHh5aGN5dnA0ZW1J?oc=5) · Dove Cremations & Funerals
- 2018-12-06 [Credit unions thinking big picture with their staffing - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNUi16WlB4VGRUVE45MXI0X0s3MWFaYXBzTFVVb2pTNDczU05JUXlZMlVFMVk0c2k5cHFHTGQ2djk1b0hyQzZrRUJhZWp6bEhWcVlLdkNkNlBLWUdqU19wc3JPdUpBbmppMVNKNkxteEIzTkhWaWM3NHZhUV9SWUpFVnFwNWZ5MjZRWlZwbUtiVVJmbEhkYllJY3B5TXdkVk5JUWlvSGl3?oc=5) · American Banker
- 2016-02-25 [811 Louisiana Redevelopment - Hines](https://news.google.com/rss/articles/CBMid0FVX3lxTE03R3U1UVVKa1ZjTmxxSGNLMU50ckpIS0RESFRCdDBYM1VxVThKMnNaT1JxUFNta1NjdUp4SUdGY3FsYzRNWkRIbEdLMTVSNmxYcFBoSWo3MUtDTkk3YnQtT0V5ZTlGOEpSMWJDZlR0enpQd2FCSENn?oc=5) · Hines
- 2023-09-16 [AMP 2023 Women in Banking - Arkansas Money & Politics](https://news.google.com/rss/articles/CBMiY0FVX3lxTE1pZWpCWFZlUV9pVWxqX1JOTW5YUmtZS21DMzc2M3pWVmQxMGxCUnVYTU9wZjFNUlV6YWpVQTlIS3NvTDNqRkdhRjBhNWEyem5Ca1N0ejZrc1ZEelQwWGhrRUdTMA?oc=5) · Arkansas Money & Politics
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2013-01-06 [Moving up - Arizona Daily Star](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPTlhSU01Ha3FRcmhiaE5ZZHVYeFhmbkV3NC05QlB4TTVZNVBVMmV4NkhWOWt1TENoSkg4N2VFYXlBMG1tWURVSG5ScHNtQmd2Y2xKcFA0VFVKUzVjVnVJcmQza2ZJWjkxQl9ZSlE0OXBQNDZZdWVIaVA4NkZmYW5MM2Q2a2FscG55UHBj?oc=5) · Arizona Daily Star
- 2011-07-29 [Patricia Garcia Obituary - Houston, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMigwFBVV95cUxOM0FycFZIaUVYNDdyRXFyZUNuVnFnT1lsMFZYMzhXVVhwZVlhX05ncDdSS1RjRVBNZlBxYTF5Yk9VNmlxTmN3ekVjZC1Dd2pWRk90NHVsbVZsY25IYmdrajJoUkVOUnNFbjNtTS1GRmZDeTNOQ2hnZ2NFVC1RUkd1MWFDbw?oc=5) · Dignity Memorial
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=177 (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/49.json (key "177", 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=177
- 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