# R T P
RTP, NC · NCUA charter 18550 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/r-t-p-18550

Who the members are: federal charter, multiple common bond, organized 1968. 9,312 members of 2,189,891 potential (0.4% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 84.

**Verdict on the desk:** this could be *participation buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $143.9M |
| Members | 9,312 (-5.3% YoY) |
| Full-time staff | 30 |
| Net worth | $11.3M |
| Net worth ratio | 7.9% (p3 of band) |
| ROA (annualized) | 0.15% (p15 of band) |
| Total delinquency | 0.60% (p49 of band) |
| Net charge-offs (annualized) | 0.74% (p82 of band) |
| Loans / shares | 62% (p35 of band) |
| Cash / assets | 20.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.41% (p34 of band) |
| Operating expense / assets | 3.68% (p51 of band) |
| Vehicles % of loans | 44% (p62 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 49% |
| Third-party paper % of net worth | 306% (p95 of band) |
| Vehicle delinquency | 0.88% (p66 of band) |
| Vehicle NCO | 0.69% (p60 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 22% |
| Core shares % of member funds | 64% |
| Certificates % of member funds | 17% |
| Average share balance | $7,921 |
| Participations bought / yr | $20.7M |
| Participations sold / yr | $0 |
| Participations outstanding | $18.3M |
| Loans outstanding per 100 members | 84% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $10,468 |
| Loans granted, annualized | $32.8M |

## Participation posture (from the same filings)

Bought $20.7M and sold $0 in the latest annualized quarter; $18.3M outstanding purchased (162.0% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares -1.0% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 0 |  | thin capital |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 5 | thin capital, losing money, delinquency 2x band, delinquency rising |  |
| 2017-06 | 4 |  | delinquency 2x band |
| 2017-09 | 5 | members leaving, 3rd-party paper>100% NW | net worth falling |
| 2017-12 | 3 |  | losing money, delinquency rising |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 | net worth falling | members leaving |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 1 |  | thin capital |
| 2019-03 | 2 | thin capital |  |
| 2019-06 | 1 |  | thin capital |
| 2019-09 | 2 | members leaving |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 6 | thin capital, net worth falling, losing money, margin squeeze |  |
| 2020-09 | 7 | delinquency rising |  |
| 2020-12 | 5 |  | members leaving, delinquency rising |
| 2021-03 | 5 | delinquency rising | losing money |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 2 |  | net worth falling, delinquency rising |
| 2021-12 | 5 | capital below 7%, losing money |  |
| 2022-03 | 5 | net worth falling | losing money |
| 2022-06 | 4 |  | net worth falling |
| 2022-09 | 5 | delinquency rising |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 6 | assets shrinking |  |
| 2023-06 | 5 |  | assets shrinking |
| 2023-09 | 6 | leaning on borrowings |  |
| 2023-12 | 3 | assets shrinking | capital below 7%, delinquency rising, leaning on borrowings |
| 2024-03 | 4 | losing money |  |
| 2024-06 | 5 | members leaving, loan book shrinking | losing money |
| 2024-09 | 5 |  |  |
| 2024-12 | 4 |  | assets shrinking |
| 2025-03 | 5 | losing money |  |
| 2025-06 | 4 | delinquency rising | loan book shrinking, losing money |
| 2025-09 | 5 | repo signal |  |
| 2025-12 | 4 |  | repo signal |
| 2026-03 | 4 |  |  |

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

- 2023-07-03 [What auto loan is right for you? - WRAL](https://news.google.com/rss/articles/CBMiT0FVX3lxTE0tOENrTU5HZHRlcWl4Z3hjd3RKcW5RTmg3Q2ZwMC1CVEpnVXoxVnQ0MlphU0JaYWxwR21Nb0t2cWdFYnJIVDFndmtOTUlqc2c?oc=5) · WRAL
- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - North Carolina - Newsweek Rankings](https://news.google.com/rss/articles/CBMilwFBVV95cUxPeVdmOGgyWWRFeDhjMzllYlVKdmhGN05CYmtJWXEwd0VXSzlUc1JPbTJRWllIeFJVMGxyUzBRTXFiVUxZTG11MFEzQzVLSU1yVUl2QXdhTXotM252Z0RuLUQzWVAyYlhLUks1RURvN3BOY044UzNDU3RVYzNkVXBRaktpRUxiUzFPSzh3akdLYmY1bndUTk9Z?oc=5) · Newsweek Rankings
- 2023-12-12 [Bank layoffs, Navy Federal news: Most-read stories of 2023 | Credit Union Journal - American Banker](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQMkMtV0NCSWZjb0oyVkc5WVI5Nk0wOWFiZmx6VVotcE5mZ1lkVHBnYk1ET2wwb3B1ZXlzQUtkeXVMTDhiT0duTzE4Z3BVWGdNOFdCbkRoOENnSjdiS0w4TnZ6TWlWZVlteklZMG1iZ0V5NXNQT2pwSUZZQktKellQV2kyQzBHN1gyZ1A1NHNwTXlpVnk1OUhUQzdacXIyZUV4aGNLT1Y2NWo?oc=5) · American Banker
- 2026-08-28 [Banks That Joined FedNow (And How Instant Payments Work) - NerdWallet](https://news.google.com/rss/articles/CBMib0FVX3lxTE14LWpVdzB4NE5iVUF1UlJnV1dRdm5xWjR1eDBvWGVTa1ZrOUlzZ005eExBTE5vM2JrSEFTdmNuSDNTMWhWWWVPMmV0R0J5SXU2X0R4dDQ3bER6U19oU0xDYV9iT0hXandveVBJREVoQQ?oc=5) · NerdWallet
- 2023-09-07 [Is your local bank really local? - WRAL](https://news.google.com/rss/articles/CBMiT0FVX3lxTE0xaW02MF9Qb1hVdTNPZUU0QUFER0M2N3lEYXJJSFpZa3ZIX1R4UkhOR3pINjhBVWNFQ2dHSGJQWUN2WENwUGVlSXdIb2ZIRkk?oc=5) · WRAL
- 2026-06-01 [Judson Spalding Obituary (1928 - 2026) - West Hartford, CT - The News & Observer - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxNSzBucVd2TlhBY3EzSzVHZHFRNGt1VGJMQlJicnN3TVBYTGVmb2FpeVhRd0gwX0xyS1F3SS1nMi1VU1RMSm9DYTVsMzR3UHdSc0dEYzBURTYwcVJleXVmeTBuRHdoTXNXZElDOWhqZ1JWX0JsYVo0WUJqVG91d0RoVEdZUERTUm50ZkpRSEcxa3hWdlhQUUE?oc=5) · legacy.com
- 2023-07-31 [Zelle outage, FedNow, Apple Card: Top banking news for July 2023 - American Banker](https://news.google.com/rss/articles/CBMirwFBVV95cUxOQy1laFRPU3AyT2k1Q0tuZDRBT19IZXNET00tdEw2VWV0TG9UcGF2ZDdDY3EwUlNuS2kydVE1dmRrWHVUYUxCRVl3NjA1RzRIN2ZNbkR3bG5hWDVnYjNhZnVTejFWOENoVDlPRmMyZzNzbjFaVDFxNS1pQzBzN3JRd1ZSWTBhbE9xOVl2ZUxydkl6OW5ITVVIWk5hNEVHUlhpQmVDMkI2WFZJMlRXR0RN?oc=5) · American Banker
- 2023-06-05 [What teens should know about financial literacy - WRAL](https://news.google.com/rss/articles/CBMiT0FVX3lxTE8zUl9nQmtfdms3bHctZFo4N3hwTldaR29PbTBPZE1YWFFtWmcwd0RfOWRSWXBQd29qaUF5cFJtSGhRUkpCclljalRqOElSLUk?oc=5) · WRAL

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=18550 (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/54.json (key "18550", 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=18550
- 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