# NORTHERN SKIES
ANCHORAGE, AK · NCUA charter 18204 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/northern-skies-18204

Who the members are: federal charter, community charter, organized 1967. 13,846 members of 736,812 potential (1.9% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 68.

**Verdict on the desk:** this could be *fortress*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $222.6M |
| Members | 13,846 (1.9% YoY) |
| Full-time staff | 61 |
| Net worth | $30.0M |
| Net worth ratio | 13.5% (p78 of band) |
| ROA (annualized) | 0.99% (p72 of band) |
| Total delinquency | 0.90% (p74 of band) |
| Net charge-offs (annualized) | 0.52% (p65 of band) |
| Loans / shares | 91% (p90 of band) |
| Cash / assets | 14.9% |
| Borrowings / assets | 0.52% |
| Net interest margin | 4.44% (p92 of band) |
| Operating expense / assets | 4.18% (p71 of band) |
| Vehicles % of loans | 37% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 1.49% (p87 of band) |
| Vehicle NCO | 0.55% (p47 of band) |
| Repossessed % of vehicle book | 0.20% (p84 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 47% |
| Average share balance | $7,775 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $18,306 |
| Loans granted, annualized | $56.5M |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 2 | loans>95% of shares, leaning on borrowings |  |
| 2016-09 | 2 | net worth falling | loans>95% of shares |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | leaning on borrowings |
| 2017-06 | 1 | delinquency rising | net worth falling |
| 2017-09 | 2 | repo signal |  |
| 2017-12 | 0 |  | delinquency rising, repo signal |
| 2018-03 | 1 | repo signal |  |
| 2018-06 | 0 |  | repo signal |
| 2018-09 | 1 | repo signal |  |
| 2018-12 | 0 |  | repo signal |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | repo signal |  |
| 2020-03 | 1 | charge-offs p90 | repo signal |
| 2020-06 | 2 | net worth falling, margin squeeze | charge-offs p90 |
| 2020-09 | 0 |  | net worth falling, margin squeeze |
| 2020-12 | 0 |  |  |
| 2021-03 | 0 |  |  |
| 2021-06 | 0 |  |  |
| 2021-09 | 0 |  |  |
| 2021-12 | 2 | net worth falling, delinquency rising |  |
| 2022-03 | 1 |  | net worth falling |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | repo signal |  |
| 2022-12 | 0 |  | delinquency rising, repo signal |
| 2023-03 | 2 | delinquency 2x band, delinquency rising |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 0 |  | delinquency 2x band, delinquency rising |
| 2024-03 | 1 | repo signal |  |
| 2024-06 | 0 |  | repo signal |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2017-03-27 [FBI needs help finding suspect vehicle involved in bank robbery - Alaska's News Source](https://news.google.com/rss/articles/CBMiwwFBVV95cUxOYkZZZ0pRTmd6eWVCMkVnZW9XMkkxTGpFV00wWTRhbjVKdmw1YmVXZDJhNjZvS2lqOVZyTkJCMHJON3puTHJlaFdWVXV3ZFFLS3NNcnpaY0pjTW1rb2xzREpOaDJBRnpLSTg0dE5MM3F6cjlxLUFoc2NBc2NQeHZIVElIYU5xQlZpU1ZnQkJqaGlDVjItWHFjVjV1a1pjS1dvMkFqUjVPODE4di1US0JzemljblVlR2FNTi1PbmVwNFpRdFE?oc=5) · Alaska's News Source
- 2017-03-27 [Suspects, vehicle sought after Midtown credit union robbery - Anchorage Daily News](https://news.google.com/rss/articles/CBMitgFBVV95cUxNNjRxX1h1MFFRTDREWXdlUEFkZXZFSEFUc20wUS1Pam9vVy1lajBHWVVReFpsTVhYb0s2dmlhRFV2X1o1S0FxVG1TYWQ4Ny1YdHNjb3VVX0NvaDQxSzRSS216V05uUmxuQl9BSzJwNl80VFUzeHRsWkx1Vy14OEdlTjdSajRKUGZFeDAyZ2NGVXRxMXlqYlo2RURiU01tMG01TWk0WXVyWXRoVlhtNVhBZ2FhTXhyUQ?oc=5) · Anchorage Daily News
- 2023-07-25 [New HQ for Gana-A’Yoo - Alaska Business Magazine](https://news.google.com/rss/articles/CBMieEFVX3lxTFBJTnhETHYwcWVNUVM1d3VqWDU0UkVYRW90Q0ZkQW10T0NMQng5bTc1aGlqVGY0UGpZd05hRDRQOEVmcWEzcHBycVpwOU1lVW5raHFMT0hBckdnUDU0elRhcGFyZnlxclJjZWZvdXNoNVBDcnBCRzlXdg?oc=5) · Alaska Business Magazine
- 2023-08-30 [FBI Seeking Information Related to Anchorage Bank Robbery - Alaska Native News](https://news.google.com/rss/articles/CBMingFBVV95cUxQYW54RHNaU2hnSUM2VktFTjFVVTE2NEJ6YV9uNE4teUVSUEQxWm9rMndqSzNhb1NmRGh2SUp4cmlrZFVNaFh4bDZuMFJVSUtIeVhVZmpKaHozMFROSm01Y0R4ci05bHNlRU8zSi1lbVZmbmxEVWpWb3RPZFJaMDZmRk9LZGZxam5yRUNPUUhMbDQzZGlrSFZUNGlDb2Z1Zw?oc=5) · Alaska Native News
- 2019-03-19 [Can credit unions get airplane loans off the ground? - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxNMFJoTFZ6blBWMThEWGptMXRIdFVPckxyNTY3YjAtMDdiV0hXMEkySWpQTGRDVldFM3p2Q0hick1PTEREbWlNVUxPVXZnSGIwbXItM2drVmlIUUk2VkV6NDFncklMczNhc0FERjFsTlYtakFlaHQ0QUdENmFYZEFTM0tSWVVHSWJ1b29VbW9GeURETUhZZzZfVWFsVGw2STI3MUE?oc=5) · American Banker
- 2017-02-22 [Brandy Sullivan Obituary (1979 - 2017) - Anchorage, AK - Anchorage Daily News - legacy.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxQMS1zVXhwcUZGZnY3Sjl0T1Nydk1FYXJWOW00THhLZ2JRUW5ZWmhQcElzWXR2RXMxMFVtam11cDV2VlZLaGNQWXJkb0ZrWW8wZ1VVOWl6LWtiNWJraXg1WGVuSGdoamNfZ2xjLXU1RkhXclRYb0pSU016dGtUOFJvVktSa1FubmxnbXc?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18204 (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/28.json (key "18204", 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=18204
- 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