# ZACHARY COMMUNITY
ZACHARY, LA · NCUA charter 18219 · asset band <$50M · latest filing 2018-09 · stopped filing after 2018-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/zachary-community-18219

Who the members are: federal charter, community charter, organized 1967, low-income designated. 197 members of 1,500 potential (13.1% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 14.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $185,115 |
| Members | 197 (8.2% YoY) |
| Full-time staff | 0 |
| Net worth | $54,312 |
| Net worth ratio | 29.3% (p95 of band) |
| ROA (annualized) | -12.12% (p0 of band) |
| Total delinquency | 17.10% (p99 of band) |
| Net charge-offs (annualized) | 25.39% (p100 of band) |
| Loans / shares | 42% (p25 of band) |
| Cash / assets | 39.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.97% (p97 of band) |
| Operating expense / assets | 9.83% (p99 of band) |
| Vehicles % of loans | 2% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 100.00% (p100 of band) |
| Vehicle NCO | 0.00% (p24 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 89% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $662 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 14% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $2,037 |
| Loans granted, annualized | $23,368 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | delinquency 2x band |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 4 | margin squeeze, delinquency rising, loan book shrinking |  |
| 2017-06 | 4 | net worth falling, charge-offs p90 | margin squeeze, loan book shrinking |
| 2017-09 | 4 | assets shrinking | net worth falling |
| 2017-12 | 3 |  | assets shrinking |
| 2018-03 | 5 | net worth falling, losing money, expense trap | charge-offs p90 |
| 2018-06 | 7 | charge-offs p90, assets shrinking, members leaving, loan book shrinking | delinquency rising, expense trap |
| 2018-09 | 7 | expense trap | members leaving |

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

- 2022-10-11 [David Horton Obituary (2014) - Zachary, LA - The Advocate - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQeGxVemZ0ZVFWaEx5bW9FRlNMNnA4RHlqOWdWTExmd3p6Rk5zUFZMMU1QZWNjM1FhUGJFaVNBd056ajJDMmlVVERmUEgxNHFDNzFmWkhQVTZsMTF2b1R6ZUd4aGZ1d3ZRRDB3UUczZW56UlczbnNlQ3R1U2ttTW9raVJPeTNIVnJCbFlXV2hZVnI?oc=5) · legacy.com
- 2016-03-30 [Renamed building pays tribute to Horton, Spears | Zachary - theadvocate.com](https://news.google.com/rss/articles/CBMi8wFBVV95cUxOdEtNajlVOVIyMmRveGRPblRtLUVEOU1qM0xWTnpOUDZhRHBmOHAtN3VYeFNMUWRYRHdvbkNYZjQtS0VjYkxqRFctWTFGblpPOUhvU0FZc1R3aURsd25uamVEWUpoaUtLX1hGMFc4UUl6T2dvZDg0VmgzdHR5dWt1VEYzQmYyTGRzakZpaTFsVGw2MXNUSHRJUTV1WWg1X3MzdlpuMmx3V2xQR1luNWd1RngyQlJodTU1elBIbkhibWZpSzd3MjNnN0FWeGgzc1lxSkZJdWp1Tl9HVEZUYko1NnpWZkFvaEUyMWVDSmpEbFA2WDQ?oc=5) · theadvocate.com
- 2024-07-21 [Personnel moves at Mary Bird Perkins, OnPath Credit Union, Kean Miller - NOLA.com](https://news.google.com/rss/articles/CBMi2gFBVV95cUxNT1NfbldjOXV4Q0c5dlkyaWpCSzBqSFdYd21jOUo2cE41dnVtZGZaMTJZT3c1U1Itdmw1YVRKTjMxc0FxeUxueHhTeWNIZnJlVTNoellzLUQwUTZBMDM4MndKWmw4eXVHc0Y5bHNtVTlESk1XRGhoLVNfcTQyYXl5eThFOWxxNHBKOWtzNjJZN3BuTFJhOEdNMG5SVlZiNmdnQlhkVXZDQTZ6ZGlLNjJ4djBVYjRMdE1tRHB2WkFZSTZ1Rm1nX0tMWG5mVm5iSjY1d2pBc1ZzMHhNQdIB3wFBVV95cUxQaVpJV3NFbFdXV2VqdWM2MnhQVzlxblZIalFfMHV2SWkzS0s2ZlFtc2Z4NHBqVTRMUExtUFRib1hhbDNwd0szcEZwQnhzN2JpTGpjNEtYNEV2MTk1d2tNMm5mZVNlU0VZNlhvM3hDLVJUSGZZSHpkMmE4QW9KNW1ZdmZGTjdMNWlsRmxpZkFVNWRITVYxNFFUckEySk84Z0lXSlcwN1YxdU9mMW1YTXNFcXR5cV9feVNWR2xSRUFSZ3Y4NGhuVnlfd0owU1dnd3RpaFBKbjkwbXJOck1PMHJN?oc=5) · NOLA.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18219 (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/43.json (key "18219", 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=18219
- 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