# GTE
TAMPA, FL · NCUA charter 196 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/gte-196

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 233,973 members of 5,340,256 potential (4.4% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $3.13B |
| Members | 233,973 (-0.1% YoY) |
| Full-time staff | 546 |
| Net worth | $336.0M |
| Net worth ratio | 10.7% (p52 of band) |
| ROA (annualized) | 0.21% (p10 of band) |
| Total delinquency | 0.96% (p78 of band) |
| Net charge-offs (annualized) | 1.08% (p88 of band) |
| Loans / shares | 95% (p79 of band) |
| Cash / assets | 6.6% |
| Borrowings / assets | 1.40% |
| Net interest margin | 3.54% (p64 of band) |
| Operating expense / assets | 4.10% (p88 of band) |
| Vehicles % of loans | 43% (p82 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 84% |
| Third-party paper % of net worth | 362% (p92 of band) |
| Vehicle delinquency | 0.69% (p59 of band) |
| Vehicle NCO | 1.56% (p75 of band) |
| Repossessed % of vehicle book | 0.19% (p81 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 62% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 37% |
| Average share balance | $3,857 |
| Participations bought / yr | $0 |
| Participations sold / yr | $124.1M |
| Participations outstanding | $164.2M |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $17,722 |
| Loans granted, annualized | $1.50B |

## Participation posture (from the same filings)

Bought $0 and sold $124.1M in the latest annualized quarter; $164.2M outstanding purchased (48.9% of net worth), $43.1M sold and retained. Sold in 7 and bought in 6 of the last 8 quarters. Shares 5.8% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, expense trap, delinquency 2x band, charge-offs p90, 3rd-party paper>100% NW |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 4 |  | charge-offs p90 |
| 2017-06 | 4 |  |  |
| 2017-09 | 5 | loans>95% of shares |  |
| 2017-12 | 4 |  | loans>95% of shares |
| 2018-03 | 4 |  |  |
| 2018-06 | 5 | loans>95% of shares |  |
| 2018-09 | 6 | members leaving |  |
| 2018-12 | 6 |  |  |
| 2019-03 | 6 |  |  |
| 2019-06 | 6 |  |  |
| 2019-09 | 5 |  | loans>95% of shares |
| 2019-12 | 5 |  |  |
| 2020-03 | 4 |  | expense trap |
| 2020-06 | 5 | net worth falling, margin squeeze | members leaving |
| 2020-09 | 3 |  | net worth falling, margin squeeze |
| 2020-12 | 3 |  |  |
| 2021-03 | 5 | net worth falling, charge-offs p90 |  |
| 2021-06 | 3 |  | net worth falling, charge-offs p90 |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 | charge-offs p90 | delinquency 2x band |
| 2022-03 | 2 |  | charge-offs p90 |
| 2022-06 | 3 | expense trap |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 2 |  | thin capital |
| 2023-03 | 3 | delinquency rising |  |
| 2023-06 | 2 |  | delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | loans>95% of shares, leaning on borrowings |  |
| 2024-03 | 2 |  | loans>95% of shares, leaning on borrowings |
| 2024-06 | 2 |  |  |
| 2024-09 | 4 | delinquency rising, loans>95% of shares |  |
| 2024-12 | 2 |  | expense trap, delinquency rising |
| 2025-03 | 3 | net worth falling, expense trap | loans>95% of shares |
| 2025-06 | 3 | loans>95% of shares | net worth falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 |  |  |
| 2026-03 | 2 | net worth falling | expense trap, loans>95% of shares |

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

- 2026-05-04 [GTE Financial expanding into Jacksonville - Jacksonville Daily Record](https://news.google.com/rss/articles/CBMilAFBVV95cUxNcW1ONDZzVHh3bmJhNkp3SFpLTmVJV3p2WVhNSFBIOTRJeDBxZTlFcFhpRmRvSnJLWkkxY0xCNFRjQzFWMWVMajVmWDFWSk9fT3pKc2JmbGlVUUh0em5iNFZhV0VZcXo3RC02T05ZdUQ2S1dLYnhfM1RIVWFnM0tzUjRpOVdyLXItODFlV05xb2R1U3Jr?oc=5) · Jacksonville Daily Record
- 2026-05-15 [Tampa credit union GTE Financial plans pair of locations in Jacksonville - The Business Journals](https://news.google.com/rss/articles/CBMimwFBVV95cUxNUjFQTGw0MTBsQWpWb3REZW9HdnFZSGMyXzA2X1JLNWFkNXVhMkZCZGNnQU1NeHQ3bkg0LVdVQnNrXzlBLU5ISWFGY0lJa2J0WlMxM3loWmtrZjd4bnF1N1dqWW5xbm5HMWN5MHZBRWxRcnJkY0p1cDJkb01DMkRVQ2IxSHJHS210RGlabktwQ0NqcFdFTlZDc1BrRQ?oc=5) · The Business Journals
- 2026-05-14 [GTE Financial announces Jacksonville expansion - Jacksonville Daily Record](https://news.google.com/rss/articles/CBMimwFBVV95cUxORU0zRkNUUE40R2RWbldBZ3pBRkxZR2VhalhqY3VHTlhzcUM4VmprQW5QRVhvbmFSZllfT1o2ZzdneXJndGpVVXhVWGlRZ3VuRTI0bmhwU3ZuSk02QW5mUW0zZml2TnV6WHZxa0ZWUTk2N0JOSVNuOTZTUElpU2pRVzFuNDdOQjgwM19rNlNuZmh1SW1zNUZOemFjUQ?oc=5) · Jacksonville Daily Record
- 2024-01-25 [GTE Financial named one of America's Best Regional Banks and Credit Unions By Newsweek - CUInsight](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPYjhYMEdCYXhSM3Z6by1qa1g2MFItSnZaNEtNWTBqbEJWSy13bjBrUDZfZFRvaVdtWmkxSG1BTUF0Vlc2V25tM3hUMzB4U1JBVDNzYkt1UlFCMl9VbWstRXFlZ3lnZndmQ0pPR2dGYm1yZTlCLS01RDI0bUtFeUM5SkYzWnJnUXQ1SUZsZDNvYkNOVVVBUGJBeVVyWUJsNWRtR1UwTWFBNGg2RUFtZHBGWG0wNFdRbjI4WkFN?oc=5) · CUInsight
- 2023-10-24 [GTE Financial named the official credit union of the Tampa Bay Lightning - TBBW](https://news.google.com/rss/articles/CBMipwFBVV95cUxQaTBWa0IzQlg1Ynd4Y2RjS2hKY29vOEJnYWpvdkJVQXdhTmthRjZPbk9aLUJUZXlITkpLeEctOVNQci0yMDZLQVZubDRtVS0zWl9tNHcwNnNYd3dKSUxVTkJBdWg3NU8wdVR6QWRpWWhjRmVsTlZDRlZWVVFEbkJzS0ZhMlpTX0taZ0Niajl2czgwSEloazdGRmRMVDVtTVk2em1QclJaMA?oc=5) · TBBW
- 2026-08-10 [27 promising Tampa Bay area young adults receive GTE student scholarships - WUSF](https://news.google.com/rss/articles/CBMipAFBVV95cUxPelNyUDNfYnNLaUwtUXZfblNhM1l2R2o1bGc5YVQtcEM5YTFQTk1yc2RreV9tYlc3M1R6dTNRQ0ZwYUo5X01FMlpqU2xSalNnWWVuMGl4NEVIX2hTS0drZnlLdndpRGsyeXR6aG9zNVAtMlk0cDFDUFdicVkzUWpuMXlzTDRRVTIwVzdVS0I1eTI5czhRT1lwbG5kSEpYNEN6empEeg?oc=5) · WUSF
- 2012-12-07 [GTE Financial Sheds ‘Credit Union’ Label While Repositioning Its Brand - The Financial Brand](https://news.google.com/rss/articles/CBMimAFBVV95cUxOVk5PMEIzVjNmYVFod0NILWFFdTJRWnZvbERRNWUzX2s2cXEycVJucHdFOXF1UHNwVnc1U0NOd3BDNl9tWVFBd0ZpNnVoSDFURHlObVlmX2U5TVh2Mk0tQnRLUlJsNnZwSjZsRHZjS1RiSU9mT19GSFMzanc3TWlCWVhDN25aU0xRVnlraldweW9WeFJUNS1nXw?oc=5) · The Financial Brand
- 2025-07-30 [GTE Financial Promotes Laurie Newman To Assistant Vice President Of General Accounting - Osprey Observer](https://news.google.com/rss/articles/CBMixAFBVV95cUxOamp4YkV1Q3IzM0l2OFh4VGIzZTR3WXE4c3dzSHVGWVliRjZVUjVZRHNjTjd2SDM5cGxvNFRvaXNUMTA0VTBYdmJMRWRyRzBaSTBoT2JlZ1lPM2VSM041YVBOb2puQnZqNXZ5dWduNVBKa2VOdXF1cUZ4RXZhVS0zWnlUX1BwanI3Zlhaa3dEYjJzb1U0bE85WU5ZUGZqWWtFNDJjZnhrQmdVaWxZaExCNjhablZMdnQ3RXpEZllTc3F4ay1K?oc=5) · Osprey Observer

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=196 (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/4.json (key "196", 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=196
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide