# KOREAN AMERICAN CATHOLICS
FLUSHING, NY · NCUA charter 23503 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/korean-american-catholics-23503

Who the members are: federal charter, multiple common bond, organized 1979, low-income designated, minority depository institution. 1,655 members of 2,500 potential (66.2% of the field); checking penetration 85% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *too clean*. 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 | $31.4M |
| Members | 1,655 (-1.0% YoY) |
| Full-time staff | 6 |
| Net worth | $3.6M |
| Net worth ratio | 11.6% (p27 of band) |
| ROA (annualized) | -0.75% (p12 of band) |
| Total delinquency | 0.00% (p17 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 89% (p90 of band) |
| Cash / assets | 10.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.35% (p29 of band) |
| Operating expense / assets | 4.31% (p66 of band) |
| Vehicles % of loans | 0% (p6 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 97% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 34% |
| Average share balance | $7,829 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 0% |
| Average loan balance | $36,496 |
| Loans granted, annualized | $492,000 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, capital below 7%, charge-offs p90 |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 5 | net worth falling |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 5 | losing money, members leaving | charge-offs p90, net worth falling |
| 2017-06 | 4 |  | losing money |
| 2017-09 | 3 | delinquency rising | capital below 7% |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 | assets shrinking | delinquency rising |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 1 |  | members leaving, assets shrinking |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 | assets shrinking | delinquency rising |
| 2020-03 | 3 | net worth falling, losing money | assets shrinking |
| 2020-06 | 6 | capital below 7%, margin squeeze |  |
| 2020-09 | 6 |  |  |
| 2020-12 | 3 |  | net worth falling, capital below 7% |
| 2021-03 | 0 |  | thin capital, losing money, margin squeeze |
| 2021-06 | 2 | margin squeeze, delinquency rising |  |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | margin squeeze |  |
| 2022-06 | 6 | net worth falling, losing money, assets shrinking, members leaving, loan book shrinking | delinquency rising |
| 2022-09 | 4 | delinquency rising | net worth falling, assets shrinking, loan book shrinking |
| 2022-12 | 3 |  | members leaving |
| 2023-03 | 3 | net worth falling, members leaving | margin squeeze, losing money |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 | assets shrinking | delinquency rising, net worth falling |
| 2023-12 | 2 | loans>95% of shares | assets shrinking |
| 2024-03 | 1 |  | loans>95% of shares |
| 2024-06 | 3 | losing money, assets shrinking |  |
| 2024-09 | 2 |  | assets shrinking |
| 2024-12 | 4 | net worth falling, margin squeeze |  |
| 2025-03 | 3 | delinquency rising | net worth falling, margin squeeze |
| 2025-06 | 1 |  | members leaving, delinquency rising |
| 2025-09 | 2 | assets shrinking |  |
| 2025-12 | 2 | members leaving | losing money |
| 2026-03 | 2 | losing money | members leaving |

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

- nothing found for that search

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23503 (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/15.json (key "23503", 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=23503
- 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