# HAMLET
HAMLET, NC · NCUA charter 21044 · asset band <$50M · latest filing 2020-12 · stopped filing after 2020-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/hamlet-21044

Who the members are: federal charter, multiple common bond, organized 1972, low-income designated. 2,510 members of 7,000 potential (35.9% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 31.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $18.2M |
| Members | 2,510 (-0.0% YoY) |
| Full-time staff | 7 |
| Net worth | $966,168 |
| Net worth ratio | 5.3% (p1 of band) |
| ROA (annualized) | 0.41% (p64 of band) |
| Total delinquency | 5.24% (p93 of band) |
| Net charge-offs (annualized) | -0.98% (p1 of band) |
| Loans / shares | 35% (p22 of band) |
| Cash / assets | 33.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.60% (p39 of band) |
| Operating expense / assets | 3.60% (p65 of band) |
| Vehicles % of loans | 57% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 3.63% (p92 of band) |
| Vehicle NCO | 0.00% (p23 of band) |
| Repossessed % of vehicle book | 1.31% (p99 of band) |
| Real estate % of loans | 15% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 26% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 9% |
| Average share balance | $4,068 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $7,656 |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **repo signal** (`aq_repo`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | delinquency 2x band |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | delinquency rising |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | delinquency rising |
| 2018-09 | 9 | thin capital, capital below 7%, losing money, charge-offs p90, assets shrinking, auto monoline |  |
| 2018-12 | 8 |  | repo signal |
| 2019-03 | 9 | members leaving |  |
| 2019-06 | 10 | repo signal, loan book shrinking | losing money |
| 2019-09 | 11 | losing money |  |
| 2019-12 | 10 |  | auto monoline |
| 2020-03 | 8 |  | members leaving, losing money |
| 2020-06 | 8 | net worth falling, margin squeeze | charge-offs p90, assets shrinking |
| 2020-09 | 7 |  | net worth falling |
| 2020-12 | 8 | delinquency rising |  |

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

- 2025-11-13 [REV Federal Credit Union supports “The Orange Blossom Special” in historic downtown Hamlet - CUInsight](https://news.google.com/rss/articles/CBMiyAFBVV95cUxNZTNjbDBXMl9leGwzRFgzNXFqN1VGUG9FMzZwdERLLVBSR3NBVG1qT1B6YjhiXy02eERrcnJaWVlFSU1jQ1R5TlZSaUlZazVaWGZMdEFmTEJ5NGdSVXRkcFk3NjdqcHBJaDk4dlJQYkk2cXlIdDJ5WF9ZdDZvUFRsc0JqZlhOOUhJSnRWS1N2N0QwWmV5bEJIQUVwTmppMlV1by10dk44RUJXT0JRY190SDVuZkRQMXk2bm1GR3RDdnVWZGEyTUpKWA?oc=5) · CUInsight
- 2021-12-23 [REV Credit Union Completes Riegelwood Acquisition; Plans New Hanover Entry - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxPcWRyUkRsT2sxRURVdjEwY2J6MHh1c1ljajk5RlNqM0F1RlZ3aF8zMjk1TWVTRm1hSmJUOUZRRUhkYXFKczlacEVla0xja0lTY0dOcndSUFcwVy1IblpxR2pCcGZTMWRNaE9fM2JSUzc0VGxfZ21rUWFmdEd2WTd6UHQyajJycnBYb3VDenlmelJBZnpqYVZjeGh4ZS1qenBqVENMci1SVEZnMTBjOEx3N3BQeFE2RUk?oc=5) · wilmingtonbiz.com
- 2021-02-26 [REV Federal Credit Union gears up for double merger - American Banker](https://news.google.com/rss/articles/CBMiogFBVV95cUxQaE9uWFdMWWNHWGtxTEJOOW9sYWRpV01SaWxlSFlkWkl1TkJKR0lCd0VKUUdheFdlUUFYR1FETURoLW1tWU9sRTdFcDZQQkNKRV80VzRETzhlR3dmc0x1WVBPZkxYWDMtZm9IRVlHN1Y4UlJFN3d6blNJVlA1b0pkQmRidzNBRm53ZldMdjVkYU9FLV9WWUVfVm1uYWpXZmhmVFE?oc=5) · American Banker
- 2024-09-05 [REV Credit Union to buy West Virginia bank - Banking Dive](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQWEN4LUg5clpwOXJkMHI0WUM2VExfd1J0U1RleWIzX3p1Y1UwZ3lNbTBuUlVXNEFnaS1RZDQyckF1MUhQNnJzT1lxcXlIM254cFdweE1jYU5ZUGxOdU56Sld4c0ExaGphNzVVUC1jSjMtd0ZDaEhTVVp0bUVZZVdxU2tYbjM2ei1EY0N5em1UMzFKVkFWOThZWnVUWXVjUkVzVktxMHRNMHc?oc=5) · Banking Dive
- 2020-08-17 [Hamlet SECU employee accused of forging withdrawal slips - Richmond County Daily Journal](https://news.google.com/rss/articles/CBMiogFBVV95cUxNdnBKckkxenpNdGJlS2VFdUtybk1JSnIxVjJqc19waFRRemZNdFY2Ylh4NFN3X1dVU3pBU2pBd2xHcGQ3M0FqN2VaTzNGVGJ1VVFhdGRFWGZpamFodEw3cXZ3QU8yQXRaTUlxVWtMUzEwM3dJWk1aekRJa1h1U3I1dkYyVEFueGt1MUJDVGpCeHctdGFOck5yV212SUgweGxFWnc?oc=5) · Richmond County Daily Journal
- 2026-06-11 [Yellowcard rocks the stage at Skyla Credit Union Amphitheatre - WSOC TV](https://news.google.com/rss/articles/CBMigAFBVV95cUxQTnNmMFVvSzBMN2FHQ1FsbERBMloxUVp4bG9wLVpjeXV4alBXRENIZ3JvMzdoR2JrNlcwb1FiMjlsQXVDbU1SSG1DUU1sekVyc3hnbmdXTDY2cGo3bEdPM3YwUzFMaTQyQ3BrazQzb1BTVWhnYTBZcUFqc1A5U1h4Rg?oc=5) · WSOC TV
- 2024-04-10 [Graham-based sporting goods company laying off 81 workers - Business North Carolina](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQcUExVXZrTEtRbUJCSTJyeldzeEFta1oxbHZKN0xMcUZDMUZqc3hERXd5TWdicTRsUjQtVnIxTVJxaEtSVW1XUTlOa0FCbUlNT085Rm1BVGp3WkRnaGNxc2hEQWo2UTVZV2x1WGxXdmlfRGM2VlBUSl8zY2hPWGI3Wmx6ZFlNNnJh?oc=5) · Business North Carolina
- 2023-10-22 [REV Powers Up With New Branch In Wilmington - wilmingtonbiz.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPNEV4anRCMlZ5enNTNW9oZzBlankwWWdzSWNFRThGSUZhRUI5WklDaENfOThYS2VKM2NVWkRaeXdkVWt4TjgtdG5QM0JzdDgtcFc0ODhhMy1zRkNRYmJGVHZhZmVZRGJlbS1nOFc1N2FEMHhXYl9ZeHZ0OXVxaFdUeEZMZW9hTXh5UXRNelZic29oYjZuNVBkZDdCQ0UyNEktcUZwTVotTkFPQWxCVDVj?oc=5) · wilmingtonbiz.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=21044 (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/52.json (key "21044", 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=21044
- 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