# AMERICAN PARTNERS
Reidsville, NC · NCUA charter 22119 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/american-partners-22119

Who the members are: federal charter, multiple common bond, organized 1975, low-income designated. 11,303 members of 28,269 potential (40.0% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *participation buyer*. 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 | $106.6M |
| Members | 11,303 (4.3% YoY) |
| Full-time staff | 31 |
| Net worth | $11.2M |
| Net worth ratio | 10.5% (p33 of band) |
| ROA (annualized) | 0.82% (p58 of band) |
| Total delinquency | 0.59% (p48 of band) |
| Net charge-offs (annualized) | 0.02% (p11 of band) |
| Loans / shares | 84% (p80 of band) |
| Cash / assets | 14.4% |
| Borrowings / assets | 1.88% |
| Net interest margin | 4.23% (p81 of band) |
| Operating expense / assets | 4.36% (p74 of band) |
| Vehicles % of loans | 22% (p23 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 31% (p50 of band) |
| Vehicle delinquency | 0.18% (p18 of band) |
| Vehicle NCO | 0.09% (p22 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 59% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 24% |
| Average share balance | $4,856 |
| Participations bought / yr | $0 |
| Participations sold / yr | $1.4M |
| Participations outstanding | $3.4M |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $13,041 |
| Loans granted, annualized | $23.9M |

## Participation posture (from the same filings)

Bought $0 and sold $1.4M in the latest annualized quarter; $3.4M outstanding purchased (30.8% of net worth), $1.3M sold and retained. Sold in 6 and bought in 6 of the last 8 quarters. Shares -3.8% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, repo signal |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 1 |  | repo signal |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2017-12 | 2 |  | delinquency rising |
| 2018-03 | 3 | losing money, charge-offs p90 | delinquency 2x band |
| 2018-06 | 1 |  | losing money, charge-offs p90 |
| 2018-09 | 1 |  |  |
| 2018-12 | 3 | net worth falling, charge-offs p90 |  |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 2 | delinquency rising | net worth falling |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 | net worth falling | delinquency rising |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 |  |  |
| 2020-09 | 2 | charge-offs p90 | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling, margin squeeze | charge-offs p90 |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 4 | margin squeeze, charge-offs p90, loan book shrinking |  |
| 2021-12 | 2 |  | charge-offs p90, loan book shrinking |
| 2022-03 | 3 | net worth falling, delinquency rising | margin squeeze |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | leaning on borrowings | delinquency rising |
| 2023-06 | 3 | delinquency rising, loans>95% of shares | expense trap |
| 2023-09 | 2 |  | delinquency rising |
| 2023-12 | 1 |  | loans>95% of shares |
| 2024-03 | 3 | thin capital, net worth falling |  |
| 2024-06 | 2 |  | net worth falling |
| 2024-09 | 3 | delinquency rising |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 0 |  | leaning on borrowings, thin capital, delinquency rising |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 |  |  |

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

- 2026-07-17 [Triad credit unions near $1.7B in commercial loans after 34% increase - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxPXzluUTdaN3BRQ3BfSlp6R1VtN19oWXJGOFdBWGUzUHZLMG1FWEx0MHBRZmNnTml3eXd1d2JKRmFLTjVJbW5tNE11SUYyZXNRQmk4S1FyemlmTi1La3dFdHoxUF9xUG8xblFlNE9UM3hpLWwzZFRiaUt4NndiMHF3RUlaTzdIWW16d0lGeUZuc0R6YmtvWC1mdVJ5QmV4aFBGaFBFaDBYTE4td2pk?oc=5) · The Business Journals
- 2018-02-21 [Man ‘holding a large stick’ robs North Carolina bank, is found 5 minutes later - fox61.com](https://news.google.com/rss/articles/CBMikAJBVV95cUxORndPNUlQWVQyWlJUR01Cb3dHQ0dnaDlCTmxCUGhnVE9oZGFHYS1kM3JzLU1rM21aYWI0YkVkU2tSSHljdmpTZ1RSWm9fWUZGSzRPNnZEMFpuVnl4Q2FDWUYyRnZOSzRrenJvVGJFNVRocVZTQVpiYmwzVjRUYjRrN2s0STFQckZwWFFyS2hBMU9naUd4U2NGb2o0MlNncDdlZmNmMUNHUy13X1c1TGRwbllDYkwwTUZQa2JsUUNxWTRUcGZ4clQ5d3lVWjJ2TTUwc1JPV0VaaFNaTDNsZDI4OTNNOHBQdWhPT1FJVnAxb3NXSVF6QVlJNXN6U25GWFo5UnBDUzczTDV0SG5uYTExMg?oc=5) · fox61.com
- 2015-10-13 [Man arrested in Reidsville credit union robbery from August - WXII](https://news.google.com/rss/articles/CBMinwFBVV95cUxNbzRBQ0xnelZQZHNpeHByT0JuNjBQS3VReS1GdlpCQU9sc1VnZ3B0d1B6QmkxOTc4WGhRaHlCcnBuU3MtY2xwZFlnZ190RjQzRkpidGhLZzdUUUZ5R0tWc1l5WmFoUkp6Q20tb1lCZzhvTDZhZWZWbHlId2swUHlKSHdJOFpyMnpLX1BRMHllOHJ5RUhuQUNOZVJkQU9wdjg?oc=5) · WXII
- 2015-10-14 [Danville Man Accused of Robbing Bank in Reidsville - WSET](https://news.google.com/rss/articles/CBMihAFBVV95cUxNcE1wd2NxVlEtVjVjdDVRcDBiSGpEMVNYVGVXTmJJMGZxS2k2a2xYY2RBSC15YjQzOUVKYkhPQl9GekpHdmVOeS1TYmpiY3R0azgxSkMxRG5VVVc4dDRvZS1WTEVXUDV3UktpY3JKRkZydGJKMmNLNHJfQURld2R0NUYtMGc?oc=5) · WSET
- 2026-04-17 [Truliant bumps Allegacy as Triad's fastest-growing credit union - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxOa2VvMF9oVGg3WjJSamxuM1EycTVCUVBnemRYZGZVSVJjaHBxRzgtbFhjSTFaekFlX0cwUmFabHpJWGU2RkI1REZfTFhlLWlmaHBPeDhoR2hMaXFSbGl3cXBkVXQ2eFVLaVd6UTBrTGtIZFNaN2cteHdfRGUtZVNfY2pmTDhHMmZKaC1FMmtsMWYyeFlFYmNVanpUaDRHRm5aOGo4?oc=5) · The Business Journals
- 2024-11-23 [John Thomas McCollum Obituary (2024) - Reidsville, NC - Wilkerson Funeral Home and Crematory - Reidsville - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPUHhyMXJ5SXRhUTFGM3ZDN1R5eUVacndXcm1SWFI1akRhdGU1WVVIXzJFblVDa181SjU4TUppVlFld3cxWl96NGJIWWQwMGFHQVFRRGtzWERERW5SQlk4TW96MXc5MXd3T01RaVl4Vnp1alpWUnNIRVB0ckdZcTZqM0xB?oc=5) · legacy.com
- 2024-11-21 [John Thomas McCollum Obituary (2024) - Dublin, GA - Stanley Funeral Home & Crematory - Wrightsville - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPdG5HLWN5NGRHeVdlQU9UNjluVHI5ZFpTR0t1d0RQNEhubFlyaC1tOURwYnBnQjIzbTVaV0s0Zl9FRHZnWjZDTTBieFlxQ3IzOVdqcldfR2FOZXpxOGRpRURsWU51ZVEzemd0WklOVldKOUJ4bU5wdUNtOGVwWFlUUmV3?oc=5) · legacy.com
- 2026-01-20 [Sale of Asheboro storage facility tops commercial transactions for week of Jan. 16 - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxPSzhXY2pxaml5Nk1JYkVwTUtlZjVXMHNaQ28wbnJtNlE1MnpiVGs5RF82SWE4VGhaOUtCRW1iNXNlMWI1VHZCZkRDeklPckF1ZXEwaHNFTUNQWDdLcG92WnM1d01ENG9xTl9icUVUbUd4a3k0QnFwNmxsQ1lXZEpUYWdnOGRKSmNkb1gtRmhJajUwS3JTaXBHWWUxSDQ0aUgxVGJaN1FB?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22119 (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/39.json (key "22119", 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=22119
- 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