# CENTRIC
West Monroe, LA · NCUA charter 1982 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/centric-1982

Who the members are: federal charter, multiple common bond, organized 1937, low-income designated. 37,756 members of 640,198 potential (5.9% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *ordinary*. 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 | $453.9M |
| Members | 37,756 (3.8% YoY) |
| Full-time staff | 127 |
| Net worth | $54.3M |
| Net worth ratio | 12.0% (p60 of band) |
| ROA (annualized) | 0.45% (p33 of band) |
| Total delinquency | 1.18% (p86 of band) |
| Net charge-offs (annualized) | 1.05% (p89 of band) |
| Loans / shares | 88% (p84 of band) |
| Cash / assets | 16.1% |
| Borrowings / assets | 1.36% |
| Net interest margin | 3.50% (p46 of band) |
| Operating expense / assets | 5.33% (p97 of band) |
| Vehicles % of loans | 51% (p81 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 48% |
| Third-party paper % of net worth | 159% (p73 of band) |
| Vehicle delinquency | 1.34% (p85 of band) |
| Vehicle NCO | 1.77% (p87 of band) |
| Repossessed % of vehicle book | 0.04% (p59 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 80% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 41% |
| Average share balance | $5,394 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.5M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $17,982 |
| Loans granted, annualized | $150.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.5M outstanding purchased (4.5% of net worth), $1.3M sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 9.7% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

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

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

- 2026-08-04 [IAA Credit Union Selects Mahalo Banking Thoughtful Banking® Platform to Deliver Member-Centric Digital Banking Nationwide - Yahoo Finance](https://news.google.com/rss/articles/CBMinAFBVV95cUxPUHN6LUJ2NDkzNmFmelBnMGtMbW5BVmJzTktWeHk1N2E5UmhUU0NtTmkwMFJuT3NOYnBTaUZGYVVwQm5YZEo2YWF6MVhfRF9OSjJWajhtQnJvamtaZkNUaEJpNHdHVy1fc2FvdURwTmhoR2Jsekw2VGM3NzBibU1zd1Q3Nkdtemk3QWVHT08wMXJPNW1WYWtGNkpNM2Y?oc=5) · Yahoo Finance
- 2026-01-12 [Luminate announces 2026 board officers following annual elections - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPdWN2M1FWcnBENk5kclhJUFJxQTNTbEUzMVhUMXg2eHlPNG5aTGh6Wl9pa19OZjl1Ui1hNG1MaVRNMXZ4WTRBMTZ3OGNWVFJ5cHFBUGhzLVlmZl94WmJVMVkxRUFGRHJ5Q0lQSXNFb2lRLTNWY2oxdGJTYjlsN2VVX3lKVXBUc1dJZ3poX0lhN01DdGZZalpLX2dsZmY0dEVfNXBESTEtRkUwUQ?oc=5) · CUInsight
- 2026-03-24 [ULM Alumni Association presents 19th Annual Wine Over Water on Apr. 16 - University of Louisiana at Monroe](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9xLVRWc1RDcnQ0MmEzd2lDaDNDSldnSWp0Rld2d0h2RTRpQ3dmMUF4aGtsTElwMXhjb0l6bVA2TjZPc2g2SFBRY01RTmFndFJTZGlyX2l0SFNuU0lGSHlSSHFWaUI3MTVQ?oc=5) · University of Louisiana at Monroe
- 2009-05-26 [Credit Union Completes Transformation to ‘Centric’ - The Financial Brand](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQYjhSQlFIV1FJamhNdG9BNF9rZ0NuV2Vzc0JCQzVxOVVPWUJYYjFXeUstMEM5M1d1bXpHQlJqMkZQcTZlRUpYRHRJanBwX1RkckY1Mko2eHBMNExGY0hCUnkxamFmdk4zT293Y3hFR2FrYlJubEUycklDalVHclNfR2lCbzYtSTdJQ0ZV?oc=5) · The Financial Brand
- 2021-10-04 [Centric Federal Credit Union announces retirement of longtime leader Joleen Martin - CUInsight](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNeEtOQ0pGYkViSGVqTkJIUzhDS3oxU1plU2tKMHVsVWNZV1VmSkE4M3NEQ25FRXBIYnNaQ2dtZnVaSjBMTWVLeGFBQmJQNFF4ME43aldRZC10TWdMdnJzZjMwMG54alh6VV9tcUNNR0NBelNmYlo0N3FzR08ySUdWeXM0dFZIWHZnVHhfOTc5V3c1djdjSDZvaEJpS2JpUzJTci15RlQ5MFR3bWM0b1A3ZGtFNVhwMzJrZFNXZnpkZlQ?oc=5) · CUInsight
- 2021-07-29 [Rodney Parker Named President of Centric Federal Credit Union - Lincoln Parish Journal](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQZ2dTLXhHdVl1YlVkNkRxNVAzbkx0REh2dzhIVlRMLU5hTlhwTmlJZnExTWFMZVdJVUJvQmpTNUdyckx2dVhmOEswOWo3ZmZtb2dBYXdsRGtTR1RSMENXbUhkRl9nWUJNRWMxUUFOekhqUENCSTVzZENjX3dzWHNGNWc4SXZYOVpCajFDdjJteXFBOHVrYVh3SFV2VE9MRDBUUjFLb19kSzV1UQ?oc=5) · Lincoln Parish Journal
- 2025-10-30 [Cars are essential in most of the U.S. They're also increasingly unaffordable - NPR](https://news.google.com/rss/articles/CBMickFVX3lxTE1SR0F4MnhUcGw0VE1iNkM4N29pQkJZWmxxM0IyRGl5d2I3YklqLVBKcDBqZ1FCSmRVZm9iVnNiVE1QSmFFaXpSTzl1MHB6bGNYVG5YeVlnNy1aSjRRV2lwcDUzMEFDUjZXWDMyaWx3Q2pLdw?oc=5) · NPR
- 2016-07-05 [Honoring Those Who Serve Those Who Serve: Executives on the Move - americanbanker.com](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNWS1INHYtRmx2dGhNa2Yyc3lqWE15UVFWR1ZvODZZQWluLXJTRURsa3FXa3lYNHBaOUk2Q2JhUjNwRXJUU0szLVUtV3psZEE2SExVVkwyZEpMTURFT3RhOEozM0QzUVdCSjVoNS1vZklzUGV4ZjkxNWJiaDlLcTVkcXkwTDVRMk5TcVkyd1VtVmtjM3hFdnd1VVBYaHpOUXVVVXpLblNSRVVma3M4eFlMcHZZUVpMcGZz?oc=5) · americanbanker.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1982 (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/62.json (key "1982", 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=1982
- 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