# MARTIN
ORLANDO, FL · NCUA charter 23101 · asset band $100-200M · latest filing 2016-12 · stopped filing after 2016-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/martin-23101

Who the members are: federal charter, community charter, organized 1978, low-income designated. 13,363 members of 2,241,376 potential (0.6% of the field); checking penetration 56% (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 | $116.5M |
| Members | 13,363 (– YoY) |
| Full-time staff | 38 |
| Net worth | $6.5M |
| Net worth ratio | 5.6% (p0 of band) |
| ROA (annualized) | -0.58% (p2 of band) |
| Total delinquency | 1.85% (p90 of band) |
| Net charge-offs (annualized) | 1.88% (p99 of band) |
| Loans / shares | 70% (p48 of band) |
| Cash / assets | 17.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.69% (p85 of band) |
| Operating expense / assets | 4.63% (p85 of band) |
| Vehicles % of loans | 50% (p76 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 24% |
| Third-party paper % of net worth | 141% (p76 of band) |
| Vehicle delinquency | 2.18% (p95 of band) |
| Vehicle NCO | 3.72% (p98 of band) |
| Repossessed % of vehicle book | 0.25% (p88 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 79% |
| Certificates % of member funds | 3% |
| Average share balance | $5,018 |
| Participations bought / yr | $3.0M |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 52% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $10,905 |
| Loans granted, annualized | $24.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, capital below 7%, charge-offs p90, 3rd-party paper>100% NW |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 8 | net worth falling, losing money, delinquency 2x band |  |

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

- 2026-02-11 [Ocala Police Major Greg Martin discusses double homicide case - Ocala StarBanner](https://news.google.com/rss/articles/CBMiwwFBVV95cUxNSUpFeHVhU2VqZVpFOVM1ZWQtWEI5eUtZdTFBUjVqbjAtX3hVMzA1aXNSam43VjlCOGhGMktsblBpRnVUNmlMTUl5aXM0Y0RCLVFMalNiZENfaUtUYmx0ckRwRHJkdEdPMWZUYWVPY1Z2Y1prSkNlOG1CN2VLTWtUZWJ0eWRkN0VnQjhrQkctMmVqcFJwX2RIakdqSEluX2RfMGZZYjRkZHR5VTh3WkZQOGNLY1JFa1dBdVFQZE83R3ZVUXM?oc=5) · Ocala StarBanner
- 2026-01-19 [Hundreds come out in the cold for Martin Luther King Jr. Day parade - The Florida Times-Union](https://news.google.com/rss/articles/CBMi3wFBVV95cUxNbWViX2JtYXBUMFdGSHcweGxpRWcxSEFYbExhYl9WREU3RWlQTndObkV2b2FYYTl3LWljVkZ0TEcwVHZtRXFGVmNaS2paOEgyN09LZEZpNTZQV1JhUXl4SklBOFd1RDRLTkZGbU9hakdoRzhtWEs2SUdlQ3lYOGxvLU9UMFBrWklXT3VhYUJuQXVuVE4wYVEydFB6dTQxNDYtRGRHUnR5VVNkYkhkQ3NFVmt6TVd5N21yOFkyenUtbzh4T1J4YkdDNXlCVFVZQmNMcEoyR0pRa0NYcjRDNXhR?oc=5) · The Florida Times-Union
- 2026-01-14 [We Florida Financial Credit Union Support Jamaican Credit Union Employees Impacted by Hurricane Melissa - South Florida Caribbean News](https://news.google.com/rss/articles/CBMivwFBVV95cUxQTFl3V2dKSnNLZkhKM0RNUklFSzhJQ3c0dU50aExMNS1NX3VOeGdLNk5QRnkwRUVvbTJmelN6TGdyNzVRQXYxQ3JHUExtTWJXY0pkRGNGZ202SVcyc2FjWEM3alVjRERIWWc5cmZFamhhTkU2ZHMzRFVNZ1QxRFNjV0R2Tm0wN3B3eVVsVVJSS25kbFBnajVEbDkyaThjY2xoWTRYUm9yV2UzazRBR0VxUTR5QkdxR3BZN1ZaTXNnY9IBxAFBVV95cUxPeTEzU293bE1JSFQxWHBMenpxZldpMmhFbGhPWG1pZnVjSlhvT2E5dlpGQkMwQmRwY3hZeTZjbzItcEJGaXIwbWlvbXMzdDJrNEdFQVpqdzl6d2YtTlF1Z2thbzFVSFJjVEtua0g2OU13QUtDZUh2Nk1NOUNFLTkyTHJWcDF3a2ZxZjFhZDloMFpyb3dwUjg2NGhZTXRZWlc1eGlBQ3V1cGd1cWIyTkxxaFhRTXlISksxSUpuSVZIcGZxdVY3?oc=5) · South Florida Caribbean News
- 2026-05-27 [Florida woman charged with grand theft, fraud, impersonation - Treasure Coast News](https://news.google.com/rss/articles/CBMi_AFBVV95cUxPVlpsNWZmdnNjLVJtZUN1R0ZuZDlveFBYUS1kczJFSGtLdE4zUi1WUkYtUzdwUjFDQmlhU2ZxZjFYWG9PS0xDRExnNDg3Z2hMdmdjRG5CekN0YTBZeHZiWDFsNzl4OXBLQjJQcnFvSlFyNHdVNEltWVo3enRPMDJOMTdGWnNGSVRobWtDQUNfNEpkSURuaTZ1ckFIUGVCNUc2cGhlMU5LS1YyRzZrRnQ3QThIZW9rUmU0anNUMU1xYWJueEV3WDdseGh4S2hsdlRsemdkTGNaajFnT2hvTk9QQTRtelpfeGNkNE9lc1BmXzZkY3dOV2FSWVJwa24?oc=5) · Treasure Coast News
- 2025-11-19 [Martin County names 2025-2026 Teacher of the Year at high-energy celebration - wptv.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxPVXk3MXFHZVBVWklFQnQ3Si04TVlGaE55RGJuWmhKWXBxODZGckFITkVBR05iTnB6U0YzUENsLXRZX0NXLVRjekRhVjQtOHhqb016cEhKejZPaWVBQkdsSEZzeXNCVTlvb2NRd0t0ZnBVN1JyM0tHeVVBS3pRd3ZJVnBOU1FFRXpWTldjNXdHbzltejBmQ003SlhUUTNNQ0RBWWxlSmlPZHRGQjlJR0ZsSFY5QQ?oc=5) · wptv.com
- 2026-01-15 [‘The energy is unmatched’: HBCU marching bands battle it out in South Florida - Miami Herald](https://news.google.com/rss/articles/CBMiekFVX3lxTFA2X1RYQXNVNmlaTHpXazlvU29xelZxU1NtaG9sOEE5V29iV3pJckt5TUFJN1VOal9lQnJaTnp0Y0xFREQ4TUF5ZUJJN1BTLWkyNkNDa3BKMkJMOUZaNjVXZUhBb2Z1NVRoOENheFdPaDNBNEtmNHFyRURR0gF6QVVfeXFMTVRBbWlaenQySlU4LXFldk1HTGlvNXNaZURSbE1hal8xWXFWUFlSWjRSazhvTktSX0pieEpVOUN5TDRKWUVJY0UzQVk3WnZuMkloYkVDZ1Z5OC00eGh1dkxOanQ0d095LTROdUNpY0h0QVpwQVBQaVF2emc?oc=5) · Miami Herald
- 2026-01-13 [U.S. Hunger Hosting 3rd Annual MLK Day of Service Million Meal Pack - Newswire.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxQVzd4bEdnUGNxY1hlcE51Z2JUQXJXVzNUTVRVdm85UmxEcjFmRWtWVGRGTGpLY0QzX09ocTZDZ01fbWw3Q205eVgwZlJnRWljMXZSZXVjSklaQ1pUWmxCQ3AycWk4YlJzUnN3YW5wN1YyaFFSQzJGZm9qNEhXcFFDWWxuWTdoQWFMaEs1aXJLclNGSzV4VGdpOXRhUFk?oc=5) · Newswire.com
- 2026-03-04 [Guy Cromer Martin Obituary (2026) - Blountstown, FL - Peavy Funeral Home - legacy.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxQTkRRVV9BYzJ2QjB6cU5JTFRTX2ZkclNqdFZJaGpxeHlTOU9FemFCUU5DUjUzNWtfemRCZldpbHNkVFFKWEpWVXJuSC1rcU1vX3ZXcjN3REJORVhCSkRqa0xtY0NqUnhMZ1ZiX2p4azNKOFZqZ0Y4SGEtX0lRVGQzMFc2WmRIOHc?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23101 (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/61.json (key "23101", 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=23101
- 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