# LOGIX
Valencia, CA · NCUA charter 1999 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/logix-1999

Who the members are: federal charter, multiple common bond, organized 1937. 244,797 members of 949,397 potential (25.8% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 69.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $9.72B |
| Members | 244,797 (-3.6% YoY) |
| Full-time staff | 859 |
| Net worth | $1.50B |
| Net worth ratio | 15.4% (p94 of band) |
| ROA (annualized) | 0.92% (p68 of band) |
| Total delinquency | 0.73% (p63 of band) |
| Net charge-offs (annualized) | 0.43% (p40 of band) |
| Loans / shares | 94% (p77 of band) |
| Cash / assets | 9.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.70% (p15 of band) |
| Operating expense / assets | 2.14% (p8 of band) |
| Vehicles % of loans | 16% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.25% (p14 of band) |
| Vehicle NCO | 0.59% (p25 of band) |
| Repossessed % of vehicle book | 0.13% (p67 of band) |
| Real estate % of loans | 65% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 56% |
| Core shares % of member funds | 37% |
| Certificates % of member funds | 33% |
| Average share balance | $14,928 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 69% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $45,694 |
| Loans granted, annualized | $1.56B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $41.1M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 3.7% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | loans>95% of shares |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 2 | leaning on borrowings |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 2 |  | net worth falling |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | leaning on borrowings |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, leaning on borrowings |  |
| 2020-06 | 1 |  | loans>95% of shares, leaning on borrowings |
| 2020-09 | 2 | margin squeeze |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 1 | loan book shrinking | net worth falling, margin squeeze |
| 2021-06 | 0 |  | loan book shrinking |
| 2021-09 | 1 | net worth falling |  |
| 2021-12 | 0 |  | net worth falling |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 3 | net worth falling, loans>95% of shares, leaning on borrowings |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | net worth falling |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 3 | delinquency rising |  |
| 2025-03 | 2 |  | leaning on borrowings |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 1 | members leaving | loans>95% of shares |

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

- 2013-03-11 [Website Winners: Logix Federal Credit Union - Finovate](https://news.google.com/rss/articles/CBMickFVX3lxTE1vN0Zmb3B0NHFHVzRrN2hNNDFOS29EMXBwOG9xQUN3cVZWTGhwWWg2UmtCaHphdXY4MHVkQngwVWowaHhPSHhFSVZyTDhCdGU1N0tmXzRra0hjTWlFTmJia3AwTjVWTGZFVGxHUTVHN1pPdw?oc=5) · Finovate
- 2025-08-20 [California Credit Union Sues Osaic, Advisors for Taking Client Data in ‘Printing Spree’ - AdvisorHub](https://news.google.com/rss/articles/CBMisgFBVV95cUxOcFV5bmZ6RlFqeVdsb0ROQ0hrbTZkenBJdzBqVkZ6cTdxOE9Gb0Zudy1OZGdSeS1MX3hzNnBBc1NuTmlfeXdnX1hfNi1iVlY5UDhxUjJqSlROOUZfM0kzNXl3enMtSEpkYnZOb0J5TC1UMG9pRk91S3FsdWFSSEo3eGp5R0FKVjRXNUhvcTFMc2lRTXpnZjRGamJhajV5NGRPWWR2Q00xbkVOYndiNkxaak13?oc=5) · AdvisorHub
- 2017-02-06 [Meet John Roemer of Logix Federal Credit Union in Burbank - voyagela.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxNVXBrd19qdGVNRzVaTWVfX181UDE4bkg2cTNtUC1CZUJ6bF8tZUppSUVaYkZlbi11RThFMXlCTkRVeWk2NmVhT0ZqbmhwUHJKMjQzODlBUWRNU0dxX2xJWUFPcTZwTUJLNzJWTTBoT29zaG1reFl3enNmYUJOb3ZnWDVvUVNYQ002UDJyRzlrUVcxdmM?oc=5) · voyagela.com
- 2023-11-17 [Logix Federal Credit Union Opens Branch in Toluca Lake - MyBurbank.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxNUGNZTXhWSEpwTVI5RDEtd1JhWGkyRzZ5VmFpY3ZyLWVhemxxZktyc1BjbHBuTkRHaUZyRjBDWndHeGFJazd3M1BxWW9mM0JtNUxqWXdUYVhrVV8tb2lEUUpaR290dmh0N2E3c3hVMHE4UHpDNmh1WkNMWWhvckVhaTFnZw?oc=5) · MyBurbank.com
- 2025-06-02 [LA500 2025: Ana Fonseca - Los Angeles Business Journal](https://news.google.com/rss/articles/CBMijgFBVV95cUxNTmFlMVl6Vm5zenBkMzZkNGtLMFlMOEo5TUtYQzZzb18tTVBtSHEyVjc2RXVjMnhGVGF3R3kxWjV5STJpNjBuM1E5VTdzeTlBVmtXZE5LLUlmd2U1Q1NfN2RSQ0V2Q04zcENuUThyQ2ZzTGxuV2sweGxQVElkZlF1MWRjSHB4WC1WbzNkMVJB?oc=5) · Los Angeles Business Journal
- 2019-06-28 [Logix Federal Credit Union Open Express Branch at Bridgeport Marketplace - Santa Clarita Magazine](https://news.google.com/rss/articles/CBMitAFBVV95cUxPRm1EaWZ0N19aM0VwUnBxQy1ZOXRtUFpLWElqNjJuSVVSUHRHYWtkWF8xbVJmUkYtejN5RmFFbGM1dkotZHVQcDVNZ0plbUppS3BncV9qelVwMlhxeVFlUzVIUDJQV0ZOb1U2V0oxTnVub3NqdXBESVRSRFpsYWpHQ0FfNDRnQTFEaVJjRVRGNTVid1dsVHp6Vmx5dk5XZlJiUzFjcGRybUVZWWZxaHMzWEdFU1A?oc=5) · Santa Clarita Magazine
- 2025-03-29 [Credit union steps up for fire victims - Simi Valley Acorn](https://news.google.com/rss/articles/CBMihwFBVV95cUxQX3lZZlNrTGlWR003aGdYS0VmR0hLSnM0M05ILXdLcHRYQ3JpLWdvZVJIWU1saEtBN3gxMGhlcDFZdi1mZXFHZjJydlBYeV8wQVFxUTRQRjhQOXNacXJRV1BFUlZld0VMMHVrZDZEc19FaTJaWUp6UXJ4cEQyclI4ZmNiTnhZQW8?oc=5) · Simi Valley Acorn
- 2022-07-07 [Logix Federal Credit Union Review 2022: All Your Banking Needs and Great Rates - GOBankingRates](https://news.google.com/rss/articles/CBMiigFBVV95cUxOTDZZMm1RY3F3ck5raEJwOUkwS1hOd2V2SnQ1cWxOQzk5YjFLQkZKZTdxUmlyeV9XRmtYS3ljRm00ZC1mZEpUQi1wT2t2ZFpnQ09NdC01VWNRMVl1YlRzX01vYUpIU2c4RTdJdVdmd2NaaTBwc0RSdWxuLWtkNmNnVlduaHlOS3M1b3c?oc=5) · GOBankingRates

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1999 (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/15.json (key "1999", 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=1999
- 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