# B I P
LENOIR, NC · NCUA charter 22639 · asset band <$50M · latest filing 2016-09 · stopped filing after 2016-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/b-i-p-22639

Who the members are: federal charter, multiple common bond, organized 1977, low-income designated. 1,390 members of 3,900 potential (35.6% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 28.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $4.5M |
| Members | 1,390 (– YoY) |
| Full-time staff | 3 |
| Net worth | $529,114 |
| Net worth ratio | 11.8% (p44 of band) |
| ROA (annualized) | -0.89% (p8 of band) |
| Total delinquency | 1.01% (p54 of band) |
| Net charge-offs (annualized) | 1.97% (p94 of band) |
| Loans / shares | 52% (p43 of band) |
| Cash / assets | 35.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.98% (p80 of band) |
| Operating expense / assets | 5.78% (p92 of band) |
| Vehicles % of loans | 54% (p54 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.67% (p74 of band) |
| Vehicle NCO | 2.24% (p95 of band) |
| Repossessed % of vehicle book | 0.06% (p90 of band) |
| Real estate % of loans | 11% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 32% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 12% |
| Average share balance | $1,642 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 28% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $5,176 |
| Loans granted, annualized | $60,072 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | losing money, expense trap, charge-offs p90, repo signal |  |
| 2016-06 | 3 |  | repo signal |
| 2016-09 | 3 |  |  |

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

- 2024-11-30 [Danny Blanton Wortman Obituary Nov 30, 2024 - Evans Funeral Service & Crematory](https://news.google.com/rss/articles/CBMibEFVX3lxTE5VS2hfeVFDbEljS3lLMk9FY0pGMktSWUZqQ2lZODV3N2dYV0twcjY0N095SHg2SkhSZjFkWWpHa0l6SXpZaEV5bHp2bmxzaWtabFFTMUoySlRJcF9PZ25Cd2U1Q0NnRHZkd2d0cw?oc=5) · Evans Funeral Service &amp; Crematory

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=22639 (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/47.json (key "22639", 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=22639
- 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