# WEST JEFFERSON
MARRERO, LA · NCUA charter 23607 · asset band <$50M · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/west-jefferson-23607

Who the members are: federal charter, service (single sponsor), organized 1980, minority depository institution. 1,128 members of 3,000 potential (37.6% of the field); checking penetration 26% (share draft accounts per 100 members); loans per 100 members 22.

**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 | $8.1M |
| Members | 1,128 (-29.2% YoY) |
| Full-time staff | 1 |
| Net worth | $170,276 |
| Net worth ratio | 2.1% (p0 of band) |
| ROA (annualized) | 0.29% (p57 of band) |
| Total delinquency | 7.10% (p97 of band) |
| Net charge-offs (annualized) | -0.01% (p25 of band) |
| Loans / shares | 33% (p26 of band) |
| Cash / assets | 69.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.85% (p30 of band) |
| Operating expense / assets | 1.91% (p17 of band) |
| Vehicles % of loans | 65% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 4.46% (p95 of band) |
| Vehicle NCO | 0.00% (p39 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 11% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 24% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $4,505 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 22% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $10,468 |
| Loans granted, annualized | $332,852 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, capital below 7%, delinquency 2x band, auto monoline |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 6 | net worth falling |  |
| 2017-06 | 6 | repo signal | net worth falling |
| 2017-09 | 5 |  | repo signal |
| 2017-12 | 5 |  |  |
| 2018-03 | 6 | loan book shrinking |  |
| 2018-06 | 7 | net worth falling |  |
| 2018-09 | 5 |  | loan book shrinking, net worth falling |
| 2018-12 | 3 |  | capital below 7% |
| 2019-03 | 3 |  |  |
| 2019-06 | 6 | capital below 7%, net worth falling |  |
| 2019-09 | 4 | delinquency rising | capital below 7%, net worth falling |
| 2019-12 | 3 |  | delinquency rising |
| 2020-03 | 6 | losing money, expense trap, delinquency rising |  |
| 2020-06 | 8 | capital below 7%, net worth falling, loan book shrinking | losing money, expense trap |
| 2020-09 | 9 | margin squeeze |  |
| 2020-12 | 10 | losing money |  |
| 2021-03 | 11 | charge-offs p90 |  |
| 2021-06 | 11 | expense trap | delinquency rising |
| 2021-09 | 9 |  | loan book shrinking, expense trap |
| 2021-12 | 10 | members leaving |  |
| 2022-03 | 8 |  | losing money, charge-offs p90 |

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

- 2025-11-11 [SHONNA MARIA GUILLORY LLOYD Obituary Nov 11, 2025 - davismortuaryservice.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE9VRXcxSlJhVnpUN3RBYl85blZ2QVhKMFNrZUpQMjhuUXJha3dUcVZtXzRpWFdOUVdUS1RTdm1IRzJ1VG5xSWZkcGlObFlsemJER3luR1J3ZGtWVm8wZUdaRnpuVWR1TnNid3NBVg?oc=5) · davismortuaryservice.com
- 2020-01-15 [West Jefferson property transfers, Dec. 30, 2019, to Jan. 3, 2020 - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2018-04-04 [N. J. Ogé, Obituary - New Orleans, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTFBfcVBQOVl0OTVXeFFoQ1hRRENtQ2ZHakwzQzFkb0FyLWZScWpVTWFaY2plRjY2X1BJbzZ4aGJHbzJleEFtVVpFN203dzNQUUNDN2UzRmNrdHRYaEs5enk4OHNvMnNUZHh6dkh0OHRaTGJ5R3ZFUmZLUWJFRTg4QQ?oc=5) · Dignity Memorial
- 2021-01-21 [TA'MARA VALENTINE- DAVIS Obituary Jan 21, 2021 - davismortuaryservice.com](https://news.google.com/rss/articles/CBMibEFVX3lxTFBRdEdLb3ZrcUk2aE93R0d5UFA0QXZzZF9saXVEZHdJUHVQV2tyTVUxOWJLYTNac0dBRjJhejREdTZKWVFFSVg4TDNBbXdLMHllSDdZMFVpdl9EcHdUNkhXX2NxWXJrbmIzb0lmcQ?oc=5) · davismortuaryservice.com
- 2019-03-06 [West Jefferson property transfers, Feb. 14-22, 2019 - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2018-11-11 [Gregory Matron Dorsey Obituary Nov 11, 2018 - davismortuaryservice.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTE4wZ3BHSnl6TWhHb1ZiTWdZQ2VFRHJvNWFhM1hPS184VlV6OVRuZFRMNUZnb1lLVGxZX3N0VkVDejQ3WDAxeGRJYjZvcU5LTnAzc1lqWWQyZHNwUVBoZXBjMGJNRXlHUQ?oc=5) · davismortuaryservice.com
- 2019-10-16 [West Jefferson property transfers, Sept. 27 to Oct. 3, 2019 - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2016-06-10 [Adam Landry Evans Obituary Jun 10, 2016 - davismortuaryservice.com](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9NZnJPOWRfeThRMjVGV1ZfVXBOLVVJa09EWi10N3BxNGNMNjU1bENKSDktOE5naE93MTE5TkE3RWJkVHhiOTctRUV3eF9oYVhOUGlNREw0ZEZqbDJPMjVtR0I4Zi1zdw?oc=5) · davismortuaryservice.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23607 (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/55.json (key "23607", 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=23607
- 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