# HARBOR BEACH COMMUNITY
HARBOR BEACH, MI · NCUA charter 19274 · asset band <$50M · latest filing 2022-06 · stopped filing after 2022-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/harbor-beach-community-19274

Who the members are: federal charter, community charter, organized 1969, low-income designated. 625 members of 8,000 potential (7.8% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.9M |
| Members | 625 (-3.0% YoY) |
| Full-time staff | 1 |
| Net worth | $409,403 |
| Net worth ratio | 8.4% (p18 of band) |
| ROA (annualized) | -0.76% (p11 of band) |
| Total delinquency | 1.60% (p77 of band) |
| Net charge-offs (annualized) | 0.00% (p36 of band) |
| Loans / shares | 30% (p21 of band) |
| Cash / assets | 12.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.66% (p20 of band) |
| Operating expense / assets | 2.43% (p34 of band) |
| Vehicles % of loans | 60% (p51 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.40% (p87 of band) |
| Vehicle NCO | 0.00% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 24% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 9% |
| Average share balance | $7,140 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $7,253 |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, delinquency 2x band, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 2 |  | delinquency 2x band |
| 2016-12 | 3 | delinquency 2x band |  |
| 2017-03 | 3 | assets shrinking | delinquency 2x band |
| 2017-06 | 3 | delinquency 2x band | assets shrinking |
| 2017-09 | 4 | delinquency rising |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 5 | net worth falling |  |
| 2018-06 | 2 |  | losing money, delinquency rising, net worth falling |
| 2018-09 | 3 | losing money, assets shrinking | delinquency 2x band |
| 2018-12 | 5 | repo signal, members leaving |  |
| 2019-03 | 5 | delinquency 2x band | losing money |
| 2019-06 | 5 |  |  |
| 2019-09 | 3 |  | repo signal, delinquency 2x band |
| 2019-12 | 6 | losing money, delinquency 2x band, delinquency rising |  |
| 2020-03 | 5 | net worth falling | delinquency 2x band, delinquency rising |
| 2020-06 | 2 |  | assets shrinking, members leaving, losing money |
| 2020-09 | 4 | margin squeeze, delinquency 2x band |  |
| 2020-12 | 5 | losing money |  |
| 2021-03 | 4 |  | delinquency 2x band |
| 2021-06 | 4 | delinquency 2x band, delinquency rising | net worth falling, margin squeeze |
| 2021-09 | 4 | loan book shrinking | delinquency rising |
| 2021-12 | 4 | assets shrinking | loan book shrinking |
| 2022-03 | 5 | net worth falling, delinquency rising | assets shrinking |
| 2022-06 | 5 | thin capital | delinquency rising |

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

- 2024-01-01 [Frankenmuth Credit Union opening new branch in Harbor Beach - Huron Daily Tribune](https://news.google.com/rss/articles/CBMiogFBVV95cUxNaXZ1cmdHUExueFNhYnEyMlFsNkNvUzNFMmpQQmxDOE54Z3QxZERUMldlOXFUbUVFeFpGZDB6a3RjZ1dYdWZlVWRzelNWN1N3ZVJXeE90MUtKUE1vcGJzSGRaZGJpSGwtRnZocm9JM0NQanpuTnJ3UWpGUVpiUEJRRlQ4MFRqbzdTdUk0bEF4TXNLT2FpTllyWDhwV2pyX0o1Q2c?oc=5) · Huron Daily Tribune
- 2025-08-19 [Rose L. Robinson - View Obituary & Service Information - Ramsey Funeral Home](https://news.google.com/rss/articles/CBMihAFBVV95cUxPdXRESVN1d3E5ZWM5T3hmMkpyaVhNVUpXeVBxbGY4NEdPRERsci02U2tGWmZMbXZuZVdvRnpJT01LcWprc1lTXzh1V25GbVpDYW1sMTR2LUsxUlNvcmhlQk45OXJZWkxpRFZDRVhQRUZNOURtT1NxdEV5YmtzdnhXbWU5VGo?oc=5) · Ramsey Funeral Home
- 2017-12-14 [Lillian Schumacher Obituary (1935 - 2017) - Ubly, MI - Huron Daily Tribune - Legacy obituary](https://news.google.com/rss/articles/CBMinAFBVV95cUxQTXFVTG5OV1NmVllHc1VyOHJRMzdlRHRIQ09nVlVXSllaRzNUQWwzUDlLekxrT2FDSDRReFBzNnRsSC02NEtzaTdvU1dkZ2tVUDlRV2M2UHdaRmRSVUxOaERfd1ZzMDdydTNKR3cyelozdTNRbTUxRjk5VXJPNHJXVThTWndwVTVRNkItV3g4SktCeVFWeHh3QVM1M3k?oc=5) · Legacy obituary
- 2014-02-12 [Obituaries for Friday, February 14, 2014 - Huron Daily Tribune](https://news.google.com/rss/articles/CBMimgFBVV95cUxNMmxPcFFGaXFySHNVR1N3QkRJejRLand0U0xldnFQamdOVUIwX21fQkZ5SEh2MDNRZG45Vjl2XzBQYVhEcUNwMW14Rk5TMU5UZHZidl9ONGNHLUotaERkSlFjelp6a0FfMEpXN0JORmFkaFA3MVhJaXczakdIUk5MLWFkb1BCTmlVRnVWdDUyWHRxRjJCRmQ3bzJR?oc=5) · Huron Daily Tribune
- 2013-09-25 [Obituaries for Friday, September 27, 2013 - Huron Daily Tribune](https://news.google.com/rss/articles/CBMimwFBVV95cUxNZERhUmN2TFQzM0Z3cHhNaENIUDM0bFlQS2ZJaUpsdDRXLU1odnZnbUhpMjYxenB6OXR6VDZUTzF4TDduNlNXZjFFLWJGRW9FRFBoQ3FucG85UEt1MGVDQ1FuY19oUXFhY3duYXd3X2hmSFp4ZlhQUkxYS3ZZdDluNWQ2Wkk2TkRtc1Y2cE9xRXdhNmJQbk5KX0lSNA?oc=5) · Huron Daily Tribune
- 2012-06-28 [Obituaries for Saturday's edition, June 30, 2012 - Huron Daily Tribune](https://news.google.com/rss/articles/CBMipAFBVV95cUxQRVRsMkRPN2gxdmNCdHZkVkRGM192ZURUM2VmdXNZTWd1SmpDUGNvQVRHYlhEU1VzeGRKejF3amNYc25NSW5QMzhuMHNXU3JwN3dlVDhiNVBLYnVMTU5RMjc0XzhvT2pCVUQtWWRSQVFnTlJlR1MwZmZHdmpjbFRwdzRNMTlVZHlndXZCUHFVc1RKWk10UHViSGtiZW9hZkROWDBTRw?oc=5) · Huron Daily Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=19274 (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/10.json (key "19274", 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=19274
- 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