# SUNCOMP EMPLOYEES
BRISTOL, VA · NCUA charter 22340 · asset band <$50M · latest filing 2025-09 · stopped filing after 2025-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/suncomp-employees-22340

Who the members are: federal charter, manufacturing (single sponsor), organized 1976, low-income designated. 235 members of 300 potential (78.3% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 52.

**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 | $3.5M |
| Members | 235 (-9.6% YoY) |
| Full-time staff | 1 |
| Net worth | $2.9M |
| Net worth ratio | 83.0% (p100 of band) |
| ROA (annualized) | -2.14% (p4 of band) |
| Total delinquency | 3.06% (p87 of band) |
| Net charge-offs (annualized) | -2.20% (p0 of band) |
| Loans / shares | 204% (p100 of band) |
| Cash / assets | 66.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.92% (p16 of band) |
| Operating expense / assets | 5.15% (p81 of band) |
| Vehicles % of loans | 85% (p92 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.35% (p83 of band) |
| Vehicle NCO | 0.25% (p63 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 41% |
| Certificates % of member funds | 59% |
| Average share balance | $2,280 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $9,570 |
| Loans granted, annualized | $169,235 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **loans>95% of shares** (`str_ltos`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | delinquency rising, members leaving |  |
| 2017-06 | 4 | margin squeeze | delinquency rising |
| 2017-09 | 7 | delinquency 2x band, delinquency rising, repo signal |  |
| 2017-12 | 9 | assets shrinking, loan book shrinking |  |
| 2018-03 | 8 |  | margin squeeze |
| 2018-06 | 8 |  |  |
| 2018-09 | 8 |  |  |
| 2018-12 | 9 | losing money, charge-offs p90 | delinquency rising |
| 2019-03 | 8 | delinquency rising | losing money, charge-offs p90 |
| 2019-06 | 10 | losing money, margin squeeze, charge-offs p90 | delinquency rising |
| 2019-09 | 10 |  |  |
| 2019-12 | 10 |  |  |
| 2020-03 | 8 | expense trap | delinquency 2x band, losing money, margin squeeze |
| 2020-06 | 7 | delinquency 2x band | charge-offs p90, expense trap |
| 2020-09 | 10 | net worth falling, losing money, charge-offs p90 |  |
| 2020-12 | 8 |  | repo signal, assets shrinking |
| 2021-03 | 8 | margin squeeze, delinquency rising | members leaving, losing money |
| 2021-06 | 7 | members leaving | net worth falling, delinquency rising |
| 2021-09 | 7 |  |  |
| 2021-12 | 7 |  |  |
| 2022-03 | 7 |  |  |
| 2022-06 | 6 |  | members leaving |
| 2022-09 | 7 | losing money, assets shrinking | margin squeeze |
| 2022-12 | 6 |  | loan book shrinking |
| 2023-03 | 3 |  | delinquency 2x band, charge-offs p90, losing money |
| 2023-06 | 4 | members leaving |  |
| 2023-09 | 5 | losing money |  |
| 2023-12 | 5 |  |  |
| 2024-03 | 4 |  | losing money |
| 2024-06 | 6 | net worth falling, losing money |  |
| 2024-09 | 6 | loan book shrinking | losing money |
| 2024-12 | 5 | losing money | assets shrinking, loan book shrinking |
| 2025-03 | 4 | delinquency rising | net worth falling, losing money |
| 2025-06 | 6 | losing money, margin squeeze, loan book shrinking | delinquency rising |
| 2025-09 | 8 | delinquency 2x band, delinquency rising |  |

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

- 2025-12-02 [NCUA Approves 41 Credit Union Mergers During 2025’s Third Quarter - CUTimes](https://news.google.com/rss/articles/CBMiogFBVV95cUxQV1IxTmFXNzRCTWxqWW5zOHBOLWVlZGo0MzZGV2ZqTWlCUkpfNXRtc0FUNXBWZjdRemt6eDBXdGZKa0M4aklYRTlQcGY0dHlTTjNjaVpLa040VnM2T3dScjh1YUhYdFprZU9fWVBjYlF2WVNkM1p4amZpTEhHVE5yNzA3X2lIVVQ4WV94bHVvd1lOdGE0U3E3eU5QX1E1UVprX0E?oc=5) · CUTimes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22340 (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/4.json (key "22340", 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=22340
- 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