# A L E C
Baton Rouge, LA · NCUA charter 19131 · asset band <$50M · latest filing 2025-06 · stopped filing after 2025-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/a-l-e-c-19131

Who the members are: federal charter, multiple common bond, organized 1968, low-income designated. 651 members of 2,000 potential (32.5% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 22.

**Verdict on the desk:** this could be *too clean*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $5.9M |
| Members | 651 (-12.0% YoY) |
| Full-time staff | 1 |
| Net worth | $1.8M |
| Net worth ratio | 30.9% (p93 of band) |
| ROA (annualized) | -2.49% (p4 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 4.17% (p97 of band) |
| Loans / shares | 25% (p8 of band) |
| Cash / assets | 83.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.81% (p80 of band) |
| Operating expense / assets | 7.31% (p95 of band) |
| Vehicles % of loans | 28% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 48% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,821 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 22% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $6,974 |
| Loans granted, annualized | $474,956 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | charge-offs p90 | net worth falling |
| 2017-06 | 1 | loan book shrinking | charge-offs p90 |
| 2017-09 | 1 | net worth falling | loan book shrinking |
| 2017-12 | 1 | loan book shrinking | net worth falling |
| 2018-03 | 3 | delinquency rising, members leaving |  |
| 2018-06 | 4 | delinquency 2x band, assets shrinking | loan book shrinking |
| 2018-09 | 2 |  | delinquency rising, delinquency 2x band |
| 2018-12 | 2 |  |  |
| 2019-03 | 0 |  | members leaving, assets shrinking |
| 2019-06 | 1 | members leaving |  |
| 2019-09 | 2 | assets shrinking |  |
| 2019-12 | 3 | delinquency rising |  |
| 2020-03 | 3 | charge-offs p90 | delinquency rising |
| 2020-06 | 2 |  | assets shrinking |
| 2020-09 | 3 | loan book shrinking |  |
| 2020-12 | 4 | net worth falling, margin squeeze | charge-offs p90 |
| 2021-03 | 3 | losing money | members leaving, net worth falling |
| 2021-06 | 2 |  | loan book shrinking |
| 2021-09 | 3 | net worth falling |  |
| 2021-12 | 4 | delinquency rising |  |
| 2022-03 | 1 |  | margin squeeze, losing money, net worth falling |
| 2022-06 | 2 | charge-offs p90, members leaving | delinquency rising |
| 2022-09 | 3 | assets shrinking |  |
| 2022-12 | 2 |  | charge-offs p90 |
| 2023-03 | 3 | loan book shrinking |  |
| 2023-06 | 3 | delinquency rising | assets shrinking |
| 2023-09 | 5 | charge-offs p90, assets shrinking |  |
| 2023-12 | 3 |  | delinquency rising, charge-offs p90 |
| 2024-03 | 3 |  |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | delinquency rising |  |
| 2024-12 | 4 |  |  |
| 2025-03 | 6 | delinquency 2x band, charge-offs p90 |  |
| 2025-06 | 6 | losing money, expense trap | delinquency rising, delinquency 2x band |

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

- 2026-03-13 [Groundbreaking Artist Data Clause In Live Nation – DOJ Settlement - celebrityaccess.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxOVmQwTXowOUxEUThrcWFZUGpweUdMc3VROEQ4NzJmQzZQdVdkRGFZZFBHUGhCNkFGeTdhY1NZbllSVTNYbmVWQllIdzhsa0ZCX3lIcmFyTVpfWmNBYnNTeEZza2RqU2l1S3BseE51Sy1QZFZVY0ducVFZeVVjdGUwaEZnMTZyVG1MajRCTHczT2FHYkRhNVllUUZMZlF4WmRJSkwzVi1n?oc=5) · celebrityaccess.com
- 2025-06-06 [These two Baton Rouge credit unions, with about 44,000 members combined, are merging - theadvocate.com](https://news.google.com/rss/articles/CBMi7gFBVV95cUxOVjBad3hrbVdpVFpMYWl4dElZZVllbnNZdE1oeXhnbEZIaUhyQzM2SjJFaURTTmdvbzBjdlVtMWhhaDhmN0ZFeUF0REZGNWxUTjBRc1BRTTV0U1BWeDBOd1FvaWRvMk5GSkFZc0ItT2t4M09XV3ZLNE5tUEJ5V0RhcExfTGNKZk5iV0cxeGN5QWhOT3JMdjBXbzRBUnhWdHBTZUF0TTkwdUhhNWZ0TlFtZFlQNFdMcXl6U040SDZfMmpvTk1SVkhwUG50TFY1QkkwZ3U5V2R1b3haR0I1T0JGY0dzSmU0aWk3XzhrNUNn?oc=5) · theadvocate.com
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## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19131 (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/59.json (key "19131", 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=19131
- 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