# NORTH SIDE COMMUNITY
Chicago, IL · NCUA charter 21550 · asset band <$50M · latest filing 2019-06 · stopped filing after 2019-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/north-side-community-21550

Who the members are: federal charter, community charter, organized 1974, low-income designated. 3,002 members of 250,000 potential (1.2% of the field); checking penetration 26% (share draft accounts per 100 members); loans per 100 members 39.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $9.2M |
| Members | 3,002 (-1.0% YoY) |
| Full-time staff | 8 |
| Net worth | $758,698 |
| Net worth ratio | 8.2% (p9 of band) |
| ROA (annualized) | -1.07% (p6 of band) |
| Total delinquency | 5.73% (p94 of band) |
| Net charge-offs (annualized) | 3.42% (p97 of band) |
| Loans / shares | 54% (p39 of band) |
| Cash / assets | 7.3% |
| Borrowings / assets | 6.22% |
| Net interest margin | 5.06% (p92 of band) |
| Operating expense / assets | 11.16% (p99 of band) |
| Vehicles % of loans | 47% (p36 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.18% (p70 of band) |
| Vehicle NCO | 2.93% (p96 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 23% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 30% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 20% |
| Average share balance | $1,976 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $3,899 |
| Loans granted, annualized | $1.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **loan book shrinking** (`shrink_loans`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, expense trap |  |
| 2016-06 | 3 | delinquency 2x band, leaning on borrowings | thin capital, losing money |
| 2016-09 | 3 |  |  |
| 2016-12 | 2 |  | delinquency 2x band |
| 2017-03 | 6 | thin capital, losing money, delinquency 2x band, assets shrinking |  |
| 2017-06 | 4 |  | thin capital, assets shrinking |
| 2017-09 | 5 | charge-offs p90 |  |
| 2017-12 | 6 | delinquency rising, members leaving | losing money |
| 2018-03 | 9 | thin capital, net worth falling, losing money |  |
| 2018-06 | 7 |  | thin capital, net worth falling |
| 2018-09 | 9 | thin capital, loan book shrinking |  |
| 2018-12 | 7 |  | delinquency rising, losing money |
| 2019-03 | 7 | losing money | members leaving |
| 2019-06 | 7 |  |  |

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

- 2019-08-18 [Great Lakes acquires Chicago credit union - Daily Herald](https://news.google.com/rss/articles/CBMikgFBVV95cUxOSjFVV1VJWVVwbl80WGw2UmlpTFRzWDBDdlphNWxGT25FSG9ya21pZmRTY2JpaFZSRmEyd2l1MjZqcXNCY3ZEU0JCVUJHNTVnSF81ZVQ4UmNqbGlFTWpyTXRkdGpUdVZvaFFFc1AySlZLYnk3YzNaOUxkdUFGcXppNXlseU1wZW5VbW5raGlDcmFwdw?oc=5) · Daily Herald
- 2018-12-06 [Credit unions thinking big picture with their staffing - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNUi16WlB4VGRUVE45MXI0X0s3MWFaYXBzTFVVb2pTNDczU05JUXlZMlVFMVk0c2k5cHFHTGQ2djk1b0hyQzZrRUJhZWp6bEhWcVlLdkNkNlBLWUdqU19wc3JPdUpBbmppMVNKNkxteEIzTkhWaWM3NHZhUV9SWUpFVnFwNWZ5MjZRWlZwbUtiVVJmbEhkYllJY3B5TXdkVk5JUWlvSGl3?oc=5) · American Banker
- 2013-03-12 [Andersonville Chamber of Commerce: 'Shift Your Money' to Community Banks - dnainfo.com](https://news.google.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?oc=5) · dnainfo.com
- 2022-08-18 [Bailout List: Banks, Auto Companies, and More | Eye on the Bailout - ProPublica](https://news.google.com/rss/articles/CBMiV0FVX3lxTE9yUjlLUHlRTkFPekMwR3J1MXFxS2o0OWc3cTFybnY2U1ZhZ1BkTVRweEE5bXJuWnVSTTRxWk1malZlQ2dPUVpHSTk0OTZfNUg3aGpUVVJrbw?oc=5) · ProPublica
- 2020-08-26 [Small Chicago institution merges into Great Lakes Credit Union - American Banker](https://news.google.com/rss/articles/CBMisAFBVV95cUxOTy1EMHRmcElsdWRlRE5NWkdNSGlWelZ6YldpRlA4M0k2Y3NVT3BkbF9qOGZ5ODVyY2hRLWl4dGY1QzVfYWtiSkVzdEYtb2lPZDNlNGpqQzFGZXpNeHRBSG0yT0Q3YmZDZll1WE1nMDlwY2NZcDF5M2h0YlYyOV9LbDV0RzV2eFlURjBKWGJIVVVoYUpVVGh2MTljREZaLTRncHVrb250bFhWdlpva1o2UQ?oc=5) · American Banker
- 2011-11-04 [Bailout Tracker - ProPublica](https://news.google.com/rss/articles/CBMiYEFVX3lxTE9WRVU5S0txR3VSdlY5QlVQdmdtVTNNdXE0bWZXZnBWT0tuaUx2VFg3Y0FReEZEZnRVV0hDNldzN0puTUpWd3pVcU83V2JYMkdodHRoNTluX2VpMk1ucUtTbQ?oc=5) · ProPublica

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=21550 (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/46.json (key "21550", 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=21550
- 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