# ARDENT
Phila, PA · NCUA charter 22637 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/ardent-22637

Who the members are: federal charter, multiple common bond, organized 1977. 34,159 members of 4,093,906 potential (0.8% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 72.

**Verdict on the desk:** this could be *participation buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $931.3M |
| Members | 34,159 (-0.8% YoY) |
| Full-time staff | 111 |
| Net worth | $87.3M |
| Net worth ratio | 9.4% (p29 of band) |
| ROA (annualized) | 0.17% (p14 of band) |
| Total delinquency | 0.50% (p41 of band) |
| Net charge-offs (annualized) | 0.30% (p38 of band) |
| Loans / shares | 74% (p32 of band) |
| Cash / assets | 9.8% |
| Borrowings / assets | 8.05% |
| Net interest margin | 2.40% (p3 of band) |
| Operating expense / assets | 2.73% (p14 of band) |
| Vehicles % of loans | 17% (p23 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 29% |
| Third-party paper % of net worth | 60% (p41 of band) |
| Vehicle delinquency | 0.71% (p62 of band) |
| Vehicle NCO | 0.66% (p37 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 69% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 41% |
| Average share balance | $10,166 |
| Participations bought / yr | $69.3M |
| Participations sold / yr | $15.4M |
| Participations outstanding | $85.0M |
| Loans outstanding per 100 members | 72% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $23,148 |
| Loans granted, annualized | $137.2M |

## Participation posture (from the same filings)

Bought $69.3M and sold $15.4M in the latest annualized quarter; $85.0M outstanding purchased (97.4% of net worth), $427,500 sold and retained. Sold in 1 and bought in 8 of the last 8 quarters. Shares 5.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | net worth falling |  |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | delinquency 2x band, assets shrinking |  |
| 2018-06 | 1 | 3rd-party paper>100% NW | delinquency 2x band, assets shrinking |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | net worth falling |  |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 3 | delinquency rising |  |
| 2020-06 | 4 | delinquency 2x band |  |
| 2020-09 | 1 |  | net worth falling, delinquency rising, delinquency 2x band |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | members leaving | 3rd-party paper>100% NW |
| 2022-06 | 1 | delinquency rising | members leaving |
| 2022-09 | 2 | leaning on borrowings, 3rd-party paper>100% NW | delinquency rising |
| 2022-12 | 3 | members leaving |  |
| 2023-03 | 1 |  | leaning on borrowings, members leaving |
| 2023-06 | 2 | members leaving, leaning on borrowings | 3rd-party paper>100% NW |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | members leaving |
| 2024-03 | 3 | net worth falling, losing money |  |
| 2024-06 | 2 |  | net worth falling |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | losing money |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2020-01-23 [Philadelphia Union Announces New Partnership With Ardent Credit Union - Philadelphia Union](https://news.google.com/rss/articles/CBMipgFBVV95cUxQU0lnaEN1aDJqOU56d255ZzF2bnJxX3BiVFE0RlNyeVM4Sk0yQmJQZGdlc0ZFNTNneUtER1RWeHVpaWgxRVluQ3BuZ3lsYnEwemxfYWhNcjRJa2h0UUZXS3lGbkFtT01QSHBWbF9TcUxWVGR0aDBQbk5OY05KbkNJeFFjZk1wRmN0YVJyZHNzY3dsVm9ydkVPTVRMWUtpekNQNkZsUFl3?oc=5) · Philadelphia Union
- 2022-03-16 [Ardent Credit Union elects Sam Kachidza, local real estate and finance expert, to Board of Directors - CUInsight](https://news.google.com/rss/articles/CBMi1gFBVV95cUxPelpGMXMxRlJkWFpGRkgxWTR1d3VrdlVZSFJUMlRUWjBITG5VMmp5dS0xQldSZk9pWk9nNVUzQ2txWkZJWE9yVTFLUTdJd0N6Qkhpdjl6V2xGXzBuajRNSVdDZm9jalFrNEw4amRnU3FJTnJGZFJQRDNYLWJKbjdCTGtLOTJEbHZVM2U4TjB4QjRrTWktd2hvVWhmeW93SlhZUmwxRlFWbU1WV1dpZXNYSDVudEx4aDhFUGRsZEh5bFhwWDFBVmV5SDl6Q2NxWkFDMXJCb0ln?oc=5) · CUInsight
- 2022-10-14 [Ardent Credit Union opens new branch at King of Prussia Town Center - pottsmerc.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPZ3ZfLWxHbmhrdEw5TUUwY1V0TnRGdk02NFZua3hLY3Rac18xZDlzajAxc0F3cGFUbnh4TURhUkJPTHc2akZ1dDBUYzVtYkxOdlNwaVg5UF92Wmg3Wndjc1BCSU4yajQzZ2FWY0p5cjJ3TXp1RE0teTNRNzBOdXVpY3l3dDNKVmhYNzNpZWx3SlJMMWRkTmJFTmd2dGdIZ3kzdWw1M0ZNaS0?oc=5) · pottsmerc.com
- 2024-08-07 [10 Most Respected Credit Unions in Pennsylvania for 2024 - CardRates.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOOXg5c0t0dTJOY2pUVmMwbFg5eFhkdGdrM2Q4WVdIby1yLVdsM2ZZTUxneEx2RnhNbFYtcWlIb052eUFITjlYUWRnV3pTZUxIY1R6a3N0V3VtbzcxNmlCWVU1MXVYZER1TVk0Xzl6SE9ZTENOMUY3MHdtOEg3eEV3V1pIR1hqdk1MQ1ZXc0tMVkJQZVFF?oc=5) · CardRates.com
- 2020-07-22 [Ardent Credit Union Gives $12K In Local Scholarships - Patch](https://news.google.com/rss/articles/CBMiigFBVV95cUxNcmJBajJSc2d2dXdVbUI3TGpndm9zejdyZllKWEZyV19uRzNmZ05SdGwweVdPNkw4bkJPR3ZPV1hDR2JCNUQzaFc4NHlrMXVTYWYwSHY5ZUVkai1pXzE4aF9HZnBDM1RDR3IwQlBQMXlWUGpHOEdlajlNTWZycVczVnJ5WmlCdHJONUE?oc=5) · Patch
- 2024-06-20 [Art of Aging: Philadelphia Corporation for Aging holds informational event to protect seniors from scams and fraud - 6abc Philadelphia](https://news.google.com/rss/articles/CBMinwFBVV95cUxQSHNmOG5MQUNabWtQZzZZamRuSDhLLTdGVGJsSVI5N29pbk5pU3lyaXNSZHZ6Rkd3TXdqNWVEMEdaYVIxOEpKcHRKd1BMSjNSNVJKd1JsVXhnZ1lFTmo4VF9jQ2E5bXhXanQ2V216Vnd4b1F4VzJjanNBV3NqbHNCMFdIVGQ1ai0tN3NqNS04TXJpX2xCUi1rTi1HZExpUlHSAaQBQVVfeXFMUGZ3TXBrMklqQVZfUG91bks4enFfV04xeFpoWjl3LVV6ZVZacHc2ZzBXMGFfVlotaTExVmFjTTVxUTZ5N21jWFZhVVlXaWZfMFJMMkZxTkg3TDNnTVJfOXk1aVZuMUlwbWc5a1I4NllkWE03a3piYmhsUUNiRVlqYkVaZVplTGVKVXhKQndfYzdKMWFfZDVENU04Nk9oTkpkNHl2STU?oc=5) · 6abc Philadelphia
- 2026-02-06 [This Unusual CD Boosts Your Rate With a Villanova Basketball Win at Home - Investopedia](https://news.google.com/rss/articles/CBMirwFBVV95cUxPOHRoOVlpMndCRDRKYzBzTHRHeFM2WTF6QWxvZUhrVVFURG9Dc2lQVVFwQ1hQd0ZFYjRnbUpmZU93ei1RZDVkOWJhY1QyalhjUHpUOEJVaU5zYkNyRzZoRFg1dG43VDc5WjczSlRLODQ1YTlSNGZUNV81VTJsZ3JVVGhXdzlmY0cxZW5EaVNWY3NaT000b3Jvd2U3SmZFWXQ5VHJSSG5TUEpuQjQyMnVn?oc=5) · Investopedia
- 2023-10-10 [Gallery: Priming Your Social Media Strategy for Amazon’s Prime Day - The Financial Brand](https://news.google.com/rss/articles/CBMizAFBVV95cUxNWGVub3J6c1ozbTdCVGlwSDRoT1FidWJWc1c2azIwdi1YYUs1YWhlcEF5QnAzNEZBQ0NRRHZEcmlueGM4cE4tLWdFdDZfX1k3UHBvS3VubjJ6aDZDQkVLQ21GV3lnSTh0OUx4VjhzaDk0SnN0cU9SVTFhUWpzbThaanNrYmFGWXNzTjBsWThxdFI0SXBPRU5ScEhoRGVBUzBHdDRkVGs0R2lMMWc4SmRxTVc4dU5hRjdYbmRrc0FrOXFCVUc5VzV3QWJKczQ?oc=5) · The Financial Brand

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22637 (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/45.json (key "22637", 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=22637
- 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