# HENRICO
Henrico, VA · NCUA charter 18175 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/henrico-18175

Who the members are: federal charter, community charter, organized 1967, low-income designated. 31,449 members of 1,431,933 potential (2.2% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 53.

**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 | $501.0M |
| Members | 31,449 (1.3% YoY) |
| Full-time staff | 85 |
| Net worth | $51.8M |
| Net worth ratio | 10.3% (p48 of band) |
| ROA (annualized) | 0.85% (p62 of band) |
| Total delinquency | 1.14% (p83 of band) |
| Net charge-offs (annualized) | 0.37% (p46 of band) |
| Loans / shares | 69% (p21 of band) |
| Cash / assets | 19.0% |
| Borrowings / assets | 1.01% |
| Net interest margin | 3.15% (p29 of band) |
| Operating expense / assets | 3.00% (p21 of band) |
| Vehicles % of loans | 55% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 73% |
| Third-party paper % of net worth | 239% (p81 of band) |
| Vehicle delinquency | 1.47% (p89 of band) |
| Vehicle NCO | 0.87% (p52 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 26% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 26% |
| Average share balance | $8,172 |
| Participations bought / yr | $52.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $24.8M |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $18,554 |
| Loans granted, annualized | $105.7M |

## Participation posture (from the same filings)

Bought $52.5M and sold $0 in the latest annualized quarter; $24.8M outstanding purchased (47.9% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 6.7% year over year.

## 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 | 3 | net worth falling |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | delinquency rising |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | delinquency rising |
| 2018-09 | 3 | delinquency 2x band |  |
| 2018-12 | 4 | auto monoline |  |
| 2019-03 | 4 |  |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | net worth falling |  |
| 2020-06 | 5 |  |  |
| 2020-09 | 5 |  |  |
| 2020-12 | 6 | margin squeeze |  |
| 2021-03 | 6 |  |  |
| 2021-06 | 5 |  | net worth falling |
| 2021-09 | 4 |  | auto monoline |
| 2021-12 | 3 |  | margin squeeze |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | members leaving |  |
| 2023-03 | 3 |  | members leaving |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 2 |  | thin capital |
| 2024-03 | 4 | delinquency rising, leaning on borrowings |  |
| 2024-06 | 3 |  | delinquency rising |
| 2024-09 | 3 |  |  |
| 2024-12 | 2 |  | leaning on borrowings |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | delinquency 2x band |
| 2026-03 | 1 |  |  |

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

- 2026-01-06 [VOTER REGISTRATION IN HENRICO COUNTY - Henrico Citizen](https://news.google.com/rss/articles/CBMid0FVX3lxTE9IZS1QVk1Jb20xSnhLd0R0LTdpQjJ1d01wRm8zNTVrd0prdld0anlUS3RRYVRxTmNRVFlNVkpPS196OUU4RE5aZmZEU05fYk9mSUpIQzBsNmhXek9sLTRnbFBDOF9nSGJGcHB2OEdpZDJGR0EyUFlF?oc=5) · Henrico Citizen
- 2024-02-07 [Financial education center offers 'vital classes' at Regency Mall to 'pay it forward' - wtvr.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxQQzJuTXRKbHdhakNlUnJvU1hZbHVzOTlBbGRUQ1U0c3RYUGJZcTNpbzZZT1dFVDNLbE01b1IwNXVzUWlfVkhNVUZ6TkE1RGZLVlBLdmJnMjlKMWpCZFBOMkNaOU96Yms2eUtZQ2pWaERoaURFUFhJYVNaOERqRDREQ3ItOTlsc0VqaE5YQlJRQkpkTFVfR2luYmxoRm00aXJoUEI5NmpROHVobzBaTENuRXFpeTNTOUps?oc=5) · wtvr.com
- 2013-10-09 [Bank branch opens inside Holman Middle School in Henrico - WWBT](https://news.google.com/rss/articles/CBMimwFBVV95cUxPeTBjT0pBMUYyUGJmeUpkRUZfUDhnSm42anJ2WmhQaGlPc1VMamFXLWVRdW9INHhWbFVEMzNMR2E0VE4wMXZ4cWJKeXhjSDJ5dUJqd0tid3NoZGxZbzNFaEV4eXItWXdGRU90TkZOWklmU1ZBVXpGVVNLeDBiSDd6RHlVRy1sWW85OVM3eHMyTWJmaVNBMDdQTDRkd9IBrgFBVV95cUxPYVg4WG1oVWVIWnVZX0NQLU16MkFvZTd4Y1ZWbThuenlWaTcwalh6MXhQMTBJUWZPM1A5YWFlQWV2WTExV19UUS1MajIwRURYaF9HS0dPWnhRQ2JGZC1qNURjNzBWaHZ0OExPTnNrSXdkaVJUcnVVNjJGYjAwUy1RT2FhanBKUDVvWjd1TzlQVzVITTJwQ3FPby1CR240bW1qZ3hRVFhsUjZLeGZNSlE?oc=5) · WWBT
- 2025-02-20 [Local credit union buys Innsbrook building for new HQ - Richmond BizSense](https://news.google.com/rss/articles/CBMiYkFVX3lxTE9zQjRTSjB2MnN4RVZGcU5BYWVYNG9lMDh0TUU5dXpCN3ppZ2lKUFBMMUN1aFFJOWNpWXZ0dV9iaXFoSUt5ZjVnZFN4Vzd4ZkY5UFpvcFNmYVdsZUMyRjljdVp3?oc=5) · Richmond BizSense
- 2025-07-09 [Virginia Credit Union receives Henrico's 'Heart of Service Award' - Henrico Citizen](https://news.google.com/rss/articles/CBMimgFBVV95cUxNeXI3ZzY5TTd2SzJzU1R0dkU1Y1l0Rkh1RTBTaG1jNWR3bGJCR0lTYXhsZF9iS3dBSExYdm9uMEpfcXhraXRkV21FWkxMWFBGUGVfckZ5Zkc5cnl2S2d4bnVQbGlmUmFZdDV6RkRXV2daREZreTRmenhJLVBJeWVCendGNEdkR284bm8yNmNNSzYzUUFqRE9NX2Nn?oc=5) · Henrico Citizen
- 2026-07-03 [A Henrico Fourth: Dorey Park - Style Weekly](https://news.google.com/rss/articles/CBMib0FVX3lxTE5tM0w4N25Yb0ZYWDZLQlUzLXdCSlo2eG93Z0RPajFIX21VbmU0UWdoNVhpRXVHdGl2bTZnbWRsNGFUVnF6T3NfZF9aTnBVaDZGdV81R3lBeVpWV1A4SHh2NGdXaXFUYnpkQU9LN0gwVQ?oc=5) · Style Weekly
- 2022-09-03 [Obituary information for Thomas Peyton 'T.J' Berry, Jr - Bliley's Funeral Homes](https://news.google.com/rss/articles/CBMifkFVX3lxTE1tUERLQWo5T3E3V3hrLVhaOE1YT0xJb2xSbHJFVldIbGN3TF8yb3FFMDdWM2YxSGdqdjAtMlhmeVVCXzFpRFpSRVZyN2hvZkh4c1VYXzJFSFJZQU1BdS1LdGlOTXhwdzhKWGFnTlVtYTRKUi1WWHRlZ3BrdnlDQQ?oc=5) · Bliley's Funeral Homes
- 2023-01-03 [Mildred Courtney Butterworth Hicks Obituary - Williams Funeral Home and Crematory](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPU1FzVDZsTGNVakNDQnhlU0tScWtMNHdiZFFLYlVzaDlYMTlCVnZwXzkxZXhPQ0FjekFrN2ExcHpfY2kzbmpMZlU4U3lCYnBjX0JhUlcyRHZUVHF2MWxZM2xJTU4ycUhHVXA1LTlQQUp5ejJkR3BBa2hwc0Q1SW41NlpObWJkeDYtdHJr?oc=5) · Williams Funeral Home and Crematory

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18175 (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/63.json (key "18175", 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=18175
- 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