# SOUTH ATLANTIC
Boca Raton, FL · NCUA charter 21202 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/south-atlantic-21202

Who the members are: federal charter, multiple common bond, organized 1973, low-income designated. 2,129 members of 3,400 potential (62.6% of the field); checking penetration 34% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $17.7M |
| Members | 2,129 (-1.2% YoY) |
| Full-time staff | 4 |
| Net worth | $1.6M |
| Net worth ratio | 9.1% (p11 of band) |
| ROA (annualized) | 0.18% (p31 of band) |
| Total delinquency | 0.83% (p58 of band) |
| Net charge-offs (annualized) | 0.68% (p80 of band) |
| Loans / shares | 55% (p46 of band) |
| Cash / assets | 49.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.44% (p71 of band) |
| Operating expense / assets | 4.83% (p76 of band) |
| Vehicles % of loans | 62% (p50 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.23% (p69 of band) |
| Vehicle NCO | 0.99% (p87 of band) |
| Repossessed % of vehicle book | 0.48% (p97 of band) |
| Real estate % of loans | 21% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 75% |
| Certificates % of member funds | 9% |
| Average share balance | $5,022 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $10,829 |
| Loans granted, annualized | $3.1M |

## Flags firing in the latest filing

- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | charge-offs p90, auto monoline |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | net worth falling, members leaving |  |
| 2017-06 | 3 | delinquency rising, loan book shrinking | net worth falling, members leaving |
| 2017-09 | 1 |  | delinquency rising, loan book shrinking |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 2 | net worth falling | delinquency rising |
| 2018-09 | 2 | delinquency rising | net worth falling |
| 2018-12 | 2 | members leaving | delinquency rising |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 | net worth falling | members leaving |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | thin capital, net worth falling |  |
| 2020-06 | 5 | margin squeeze, delinquency rising |  |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 5 | members leaving |  |
| 2021-03 | 3 |  | auto monoline, members leaving |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 | members leaving | margin squeeze |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 4 | delinquency rising, 3rd-party paper>100% NW |  |
| 2022-09 | 2 |  | delinquency rising, 3rd-party paper>100% NW |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 3 | net worth falling | delinquency rising |
| 2023-06 | 1 |  | members leaving, net worth falling |
| 2023-09 | 3 | delinquency rising, assets shrinking |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | thin capital |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 3 | delinquency 2x band |  |
| 2025-03 | 3 | thin capital | assets shrinking |
| 2025-06 | 3 | auto monoline | thin capital |
| 2025-09 | 1 |  | delinquency rising, delinquency 2x band |
| 2025-12 | 2 | repo signal |  |
| 2026-03 | 3 | assets shrinking |  |

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

- 2023-09-28 [Obituary for Maryanne Bond - Glick Family Funeral Home](https://news.google.com/rss/articles/CBMibkFVX3lxTFBybUtvcU5rbi1jTEQzN055OWtWOGpUVWFzV1BNbGNXRnVOMC1zOEJId1lxdUpMeDhGbkZMbE1qSENicHdmeFU5M0RYNVRFVm9tZGNuYWNuWEZtaE5pV0R3Smlkb01kTWZOYmlFYXhB?oc=5) · Glick Family Funeral Home
- 2025-09-21 [Stadium Journey's Low-A Ballpark Rankings 2025 - Stadium Journey](https://news.google.com/rss/articles/CBMijwFBVV95cUxPLU5FamJ2MnAzV1pwLVp0N2I1TjR0UmlWZ2lVNnY0eGZNZmpSMVFuWDE0WW9WTkRvcjVwckxtQS1BT1FBSU5mYXZrcHlPVHFNb2hpM2YxRkJNc05xNEVMWTh0dVRFUkVoRjZiQW9sd2N4RW1FZEQxeWRWR1Q3X0R1TGFzaVFNOFptcjhzUUZlOA?oc=5) · Stadium Journey
- 2025-04-08 [Best Banks and Credit Unions in South Carolina 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMilwFBVV95cUxPd0ktNElvOWllMFJnYXRydndsZ1ZKN0lWak9lMjZvN2FzNnJrSzNzMFk1TnFLakpqV3lUaWZhMkRDa2JMWk9uRVAwYlItWnV0UU1GS0phWjZlOGxNTzhNSFVkNVJaVWZ4VjBpbDBaSXZXMkxPSi16bERfbUQ1SC04Um1Db2h5T0dqMEJ3OVd4bERuUTFpY19B?oc=5) · Newsweek Rankings
- 2025-06-17 [Credit Unions See Big Drop in Branch Numbers - CUTimes](https://news.google.com/rss/articles/CBMihwFBVV95cUxQdDN1SVBiVVVUdlVncnRNa0ktcFlCY040ZUU5eFpFelVNcXVkR3BTMWFNNERoMm5VdE1HS1NtdUZ5WTdJSXAxXzNTaXVOQVUtdC1RYXBoWG5hRnloSmVWejYxaU41T0hmNWtMNnh4VmgzYkJvRHQyTklOaWFzNFFPMk5xWi1XVXM?oc=5) · CUTimes
- 2016-12-22 [Columbia Fireflies Unveil All-Star Game Logo - Ballpark Digest](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNOW5Dc285TTRyZnhhT081UFJiUkVDczl2eWJfbUdKSGtEWHNMOVA2OHJFYVlSY0h1Q2I2bnljNmU5VEwyZmlzS0UxTDdrTGY0elQ2cnFkanFxMHpxSmRKbGRtQ29FWmRMbTlQZS1TQTZVX2xOSFE1WlNRZWVsTFhncDVNc0hHbEhGVmgw?oc=5) · Ballpark Digest
- 2020-10-01 [Circle K relocating division office to Jacksonville - Jacksonville Daily Record](https://news.google.com/rss/articles/CBMiogFBVV95cUxPNGFBZW5fVldRaHkydlRfYUhTZTczd1g3LXluTW9HRlVxUVExLVFpODhqTUVFVmljd3FMSGRja3d3WEFia25SY0IzeDhZMGlpd2RTMDkwRERBcVdVZGo5azlYc25fMUxaZ0JWWXV3UjhibzhpWl9yY2VMZU9Yb3JpLXF0dkNOWjRQbXZMQnFYdHRYaXBSNmRHc0xoc2I2ekpWbmc?oc=5) · Jacksonville Daily Record
- 2022-08-02 [New credit union and more among economic initiatives planned by Black sorority Alpha Kappa Alpha in Orlando and beyond - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPY3RLRDBrVW9pMHZHM1ZtTzNKVk9wT3hvb2ZhZG05SE5XSFBrT1JUUnZzdnZZWEo5VXFFYi0zNWY3ZWo4OGpoMURwajB2ZHE3Wm9Ha0RtbHJTOTBBcW5qR2p2WVZodHl0NnpjUEdnSFhxZGo5VzhNVy03UlVJNDdrbEg4ZmZIRllwaUJZRFJzM3U1Q2hLS0Z6VWdUcThxbUNVOXN5NmZ3c2E?oc=5) · The Business Journals
- 2022-11-30 [Alpha Alpha Theta Omega hosted the AKA annual South Atlantic Cluster II Meeting – - The Weekly Challenger](https://news.google.com/rss/articles/CBMisgFBVV95cUxNZU5rb1JpeDVGZExuZHM5Q09SVDUwR3I3TVlvTGJZN3NDSVJyN0hZbWF5THZHeEFTYzVPZ2dlN2l2eVhmT29jY0g3NGkyX1hnTFY3elAySEpPcmtlM05DRlV5aWNGaUtLdDVqZkw0VTEyTlBrcnBxRGIzUVB1c1VfWWdoYmdGMm4wWFV3bHNQMVlWaUNQVWlrM2NpTW8zYm56Nm5CRW5hbFktX3FRMjZUN2FR?oc=5) · The Weekly Challenger

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=21202 (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/18.json (key "21202", 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=21202
- 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