# PENOBSCOT COUNTY
Old Town, ME · NCUA charter 18507 · asset band $50-100M · latest filing 2020-12 · stopped filing after 2020-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/penobscot-county-18507

Who the members are: federal charter, community charter, organized 1968, low-income designated. 10,974 members of 150,000 potential (7.3% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $92.1M |
| Members | 10,974 (2.7% YoY) |
| Full-time staff | 21 |
| Net worth | $5.2M |
| Net worth ratio | 5.6% (p0 of band) |
| ROA (annualized) | -0.31% (p4 of band) |
| Total delinquency | 1.07% (p79 of band) |
| Net charge-offs (annualized) | 0.23% (p49 of band) |
| Loans / shares | 67% (p67 of band) |
| Cash / assets | 28.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.72% (p51 of band) |
| Operating expense / assets | 3.84% (p74 of band) |
| Vehicles % of loans | 41% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 88% |
| Third-party paper % of net worth | 401% (p98 of band) |
| Vehicle delinquency | 0.96% (p76 of band) |
| Vehicle NCO | 0.38% (p61 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 43% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 32% |
| Average share balance | $4,790 |
| Participations bought / yr | $3.3M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $7,587 |
| Loans granted, annualized | $21.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  | losing money |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 3 | expense trap, delinquency rising |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 | net worth falling | delinquency rising |
| 2018-06 | 2 |  | net worth falling |
| 2018-09 | 1 |  | expense trap |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 2 | margin squeeze |  |
| 2020-03 | 5 | thin capital, net worth falling, delinquency rising |  |
| 2020-06 | 4 |  | delinquency rising |
| 2020-09 | 5 | delinquency rising |  |
| 2020-12 | 8 | capital below 7%, losing money, delinquency 2x band | delinquency rising |

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

- 2026-04-23 [Credit union will build new branch on empty Bangor lot - Bangor Daily News](https://news.google.com/rss/articles/CBMiowFBVV95cUxNS2phTWJDakVoMThqaTBLb2ozTnIzSEpOZXlLdnpiOFBBbGNYNzRQbEJiam5oYU5zcVBrenRCYmdYaDQzanhMSEdKa0Z6VWZpemZBX0dMTXBzZ3JyeXE0b19ydGlPWmVHQXNET2VRZ0JlQnJFblc2Q1Z6Y0pUcnBCUTRLblJrNEV2RzdMOHE4V3laMDBwd3hYRXNOSklmdkZ0dzc4?oc=5) · Bangor Daily News
- 2026-01-08 [Financial services: Aroostook-based credit union eyes continued expansion - mainebiz.biz](https://news.google.com/rss/articles/CBMipAFBVV95cUxOSUF0bzJXMTVDOEpMYVlMMFNVNEI1c2R2T1ZsRks3UVl5ajZrbVZVWkNoSFp4SVJYZWNtVUdCbGxxbG9sc1BGaEhLRzdsc0tSb0N1aDJWWklVWkVKX2YydmtFeFdhcnN0RjZPQ2RTVldycVVkQ3YtVDNwcUxBai1PLUZ1TnoxZW9CcWdxS3Y3amw2SXkweUNUOFBwYXdjbUd3NUZPMg?oc=5) · mainebiz.biz
- 2026-04-06 [MHFCU funds thermal imaging cameras for Brownville Fire Rescue - Piscataquis Observer](https://news.google.com/rss/articles/CBMipgFBVV95cUxOZjBHNW56dmFUZkpCUnp6bkFNV0lfNEJ2Tm40dWVwdDV2OU40OEhTZ3hyTTJ1US1HdVlrSjRoU2lvZmhGNFNBLWNnd1RpMUNxd3F4NGhjRE0wV2FZRHZjMjV1MjZFVzdYS2tSLWtPUy1nYjlnTWIzT2U2dWlrX3FGV0JEZnQ4VzdvNWFpYmtKWjZwUmhoZzllZThsdWxYel9ydlByM01n?oc=5) · Piscataquis Observer
- 2024-09-18 [The County Federal Credit Union promotions - thecounty.me](https://news.google.com/rss/articles/CBMikwFBVV95cUxNTS1XR1ctMWl0NVpTQ3R5Z2tpVC1ZQmlIaFBpVWxUZ21RS09zUDktNUgwYnhHOVBOWkpsZHNfWndkRG9XNnlHcUdmNWtUWHBwSUh4dmFCVEJrR3pTYWRIcWphM3JWWWlvOVhxOFUzdmlDV0dybk4zX3RVdG9IdjVqcENJWnEwNV92YTVvbzhHY2lVSzQ?oc=5) · thecounty.me
- 2026-05-01 [Credit union buys Presque Isle compound for $2M - Bangor Daily News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNSlpjLXJWZlJaR3VWbnZ6SWotNXZiQm1BLV9Oc29qWnh3VHhwUWhBemRoejVFX295LXlTcFhIYThOY3RqMFV1ejF0STZjVDBpSDQ0SmhXNWJyUDZnVFJxUHVlTVg0Ulh4ZEFGaS1ObWY5cnhNVWhESExqdDMzLTZha2hrU0I5Qkl0bWZFaUtja0NxSmNkal95ZDZHMWVmdkh4eEVQUmRFOGQtQW9LWFdNSjFrTDJTcm5Gd0Rz?oc=5) · Bangor Daily News
- 2020-12-29 [Penobscot County Federal Credit Union merges with The County Federal Credit Union - WABI](https://news.google.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?oc=5) · WABI
- 2025-03-07 [The County Federal Credit Union unveils new logo and branding - thecounty.me](https://news.google.com/rss/articles/CBMirAFBVV95cUxPYk8zMDhzNEN0NVROeWRnY2tBNVQ1UmtCYjEySkhVVFdtUVRJN2lVcWpQY1BBVldZem1ic1BmbWNsUllPOGwzY2xjblpPRDZpMi0zV05JZ3lwNFRMWXpLS3hiXzJuc241ZkkzcWlqTmZ1M3otRW1JUWtUWXBoQU5IRElTQ1NzdGRTOTBUREpLN3F5QTZmcnhDMDRuR0dBNlllZDNBTXc2SWg2TGRz?oc=5) · thecounty.me
- 2024-09-27 [The County FCU names new retail services manager in its northern service area - mainebiz.biz](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQSkl6MVVudDdvajVIZ1NaTnZNV0ZyaWJtY1B6bGt1blJybG16Y2wzRmFZVXRQeXB5SDY4VUcwd090RFRZS0Q0dTJ4UmhKZm9OT2g5ZWRVNHc5eEZaMGFsMDJuWTFobHlsVkhKbTZmUmdJYmd2MElrdmVEQXdaTUVKazhHcEZxTUx5MjZ2WnNYQlgza01TR052aDB2ZGZ0Rjk0M0s3ZkVkNy14cG8?oc=5) · mainebiz.biz

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18507 (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/11.json (key "18507", 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=18507
- 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