# MID-ISLAND
Christiansted, VI · NCUA charter 23811 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mid-island-23811

Who the members are: federal charter, community charter, organized 1981, low-income designated, minority depository institution. 2,392 members of 3,000 potential (79.7% of the field); checking penetration 23% (share draft accounts per 100 members); loans per 100 members 23.

**Verdict on the desk:** this could be *too clean*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $18.2M |
| Members | 2,392 (2.2% YoY) |
| Full-time staff | 6 |
| Net worth | $1.8M |
| Net worth ratio | 10.1% (p17 of band) |
| ROA (annualized) | -0.45% (p16 of band) |
| Total delinquency | 0.19% (p31 of band) |
| Net charge-offs (annualized) | 1.34% (p89 of band) |
| Loans / shares | 32% (p15 of band) |
| Cash / assets | 69.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.77% (p82 of band) |
| Operating expense / assets | 4.19% (p64 of band) |
| Vehicles % of loans | 57% (p43 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 | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 32% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $5,475 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 23% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $9,550 |
| Loans granted, annualized | $2.7M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 4 | net worth falling, repo signal |  |
| 2016-12 | 3 |  | net worth falling |
| 2017-03 | 3 |  |  |
| 2017-06 | 7 | losing money, charge-offs p90, members leaving, loan book shrinking |  |
| 2017-09 | 6 | delinquency rising | repo signal, members leaving |
| 2017-12 | 7 | repo signal, members leaving | delinquency rising |
| 2018-03 | 5 | margin squeeze | losing money, charge-offs p90, members leaving |
| 2018-06 | 7 | net worth falling, charge-offs p90 |  |
| 2018-09 | 8 | members leaving |  |
| 2018-12 | 6 | thin capital | loan book shrinking, repo signal, charge-offs p90 |
| 2019-03 | 7 | delinquency rising, repo signal | margin squeeze |
| 2019-06 | 4 |  | net worth falling, members leaving, repo signal |
| 2019-09 | 2 |  | delinquency 2x band, delinquency rising |
| 2019-12 | 3 | net worth falling |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | delinquency 2x band, repo signal |  |
| 2020-09 | 6 | delinquency rising |  |
| 2020-12 | 5 |  | net worth falling |
| 2021-03 | 9 | losing money, margin squeeze, charge-offs p90, loan book shrinking |  |
| 2021-06 | 11 | capital below 7%, net worth falling | losing money |
| 2021-09 | 10 | losing money | delinquency rising, charge-offs p90 |
| 2021-12 | 10 |  |  |
| 2022-03 | 9 |  | auto monoline |
| 2022-06 | 5 |  | repo signal, margin squeeze, loan book shrinking, losing money |
| 2022-09 | 6 | delinquency rising, repo signal | net worth falling |
| 2022-12 | 3 |  | delinquency 2x band, delinquency rising, repo signal |
| 2023-03 | 3 | delinquency 2x band, charge-offs p90 | capital below 7% |
| 2023-06 | 1 |  | delinquency 2x band, charge-offs p90 |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 2 | delinquency 2x band | delinquency rising |
| 2024-06 | 2 | delinquency rising | delinquency 2x band |
| 2024-09 | 3 | delinquency 2x band, assets shrinking | delinquency rising |
| 2024-12 | 1 | loan book shrinking | thin capital, delinquency 2x band, assets shrinking |
| 2025-03 | 1 | delinquency 2x band | loan book shrinking |
| 2025-06 | 0 |  | delinquency 2x band |
| 2025-09 | 1 | delinquency 2x band |  |
| 2025-12 | 1 | repo signal | delinquency 2x band |
| 2026-03 | 1 | losing money | repo signal |

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

- 2023-11-09 [Bethpage FCU turkey drive seeks donations - midislandtimes.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxPMzgxOG16N3N6LTJSSGJQZ3htcEE3Q3J1cHdLWEl0a2ZENXRtQTQ4MnhjRUJXMDk4b1lxSGQzNXB4Z3JIVENLbkMyYnllbmIwdjZ5d1AxcVJXeXRIemZMLVJqSjY4VFdqbEV3R3ltUzdBSWFWWUVocGhEN2duVnFlUUFuNzFUUUp2T1E?oc=5) · midislandtimes.com
- 2024-09-26 [Variety Learning Center to hold Boo! Walk - midislandtimes.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPWV9ISzM3anl2UmlLWUdjSlpYcm9ZbUxTM0dudnR6LUpJcVBENE1OaHNFYWUwMGwxWWI0RldhQWlST1o2MDNwOExrWlFJanFTdXRBSHM1T0VZeFZfZU9wZVRDQTZmWlJ3TjgtYmN5T2pFZkZkMzk3TDd0c214SXluSUFEWXNsbUV2?oc=5) · midislandtimes.com
- 2016-11-17 [V.I. Creating New Laws to Regulate Credit Unions, Insurance Companies - stthomassource.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxQUDFYcHRwRWc2OVNfdmdIYTBjRDhEVlZRdnNITUdKdWltaElJY3JfWGhuZGdNeVFwNE1XQlpUQUJyb3B0V3ZSRm1JOTlRc3BkYU1oQ3BMTWlyREozVHBBOUM0Wnd2MXNCQWp6QjhkQTdfSUlsMWRWZTVxaUZvZlNQU1FKN3prTWloR004TjFINGJtX0lKYVN4V1NoaVpNbDlnSjJhaFdGeFZvZmhQUHlxdkw5R24?oc=5) · stthomassource.com
- 2024-07-01 [Canada Day on the mid-Island: your guide to celebrations - NanaimoNewsNOW](https://news.google.com/rss/articles/CBMimgFBVV95cUxOOEtVbFk2YlpmUGRLMjllN2pzVHl0YWRPTmNLWnp5Qk1KZlk1X3I4OVpuSFpBWWZnWFVUVTlFVmdlbElYLVJoM0xzXy01SXZDeWl4U1ZnUmJSRGhrRHRScDlMTUtFSlZjcWx2SFA2eEZjcWc1MkxDV3pLMFVFRTQ2VE1jaDJQdjVoNWlUVko0dEl3NGVqUlNTdTlB?oc=5) · NanaimoNewsNOW
- 2025-11-28 [20,000 onlookers see Ladysmith light up the night for 2025 - vancouverislandfreedaily.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxNTXlmU2FtdlY3TWNRQ1ZaTTFTTmJBV3NQRjYyUlk1alF6TFNtdTlIdHcwc0xEQXFLTmhJdktUR294Ty1fdkFZNTJlSHkxOUJaTVlVT2pCQmVVSFQzWklfREY2ckE2YTRWbS1jTzRCV0tEX204dURaNVpqSWVYaXdETXFoRGRmeTNWTl9rSjRfR2Z3TDlBT3RhSHV2VWppOGRENU01QTRSdmlGdE0zTlFNbkdINA?oc=5) · vancouverislandfreedaily.com
- 2024-02-28 [Winners of 2024 MNP LLP Vancouver Island Business Excellence Awards - Business Examiner](https://news.google.com/rss/articles/CBMitAFBVV95cUxNU1lJNEtYSmtiUFFqQmVQZlhqT2xUVkhZNnVFZ2QzZkpPYUtWV1FmRUI4bVVMQUhOS2M3NEFQNGlxQnFuX0tZVDc2RkNxOGlCalRDaE5PQWhoVk54cERZbHBYV1R5dVhQRTRCbzA5blJuQlNmcHI2R0JEZEJEV0w5ZzRQd0gtTFdOUlZyUTlKZEZ3MGJYNmFyd2ZCRVU2cW1sU2J4YzFZSFR6OXJ5Yl9uSVRfRWw?oc=5) · Business Examiner
- 2026-07-09 [Music takes centre stage at Parksville’s Beach Festival - Parksville Qualicum News](https://news.google.com/rss/articles/CBMilwFBVV95cUxQRGlUamg1MmpRWG81YTFqajFSUkxLU0VBUFRUVkFHR3NrR0FGVnhuMkJKdE1MMUhHT3VGNmlFS0NERTRDT2dYT0ItaU4wRERHVFJ0RWc0dG5CdzYxamZpS3lhb3dyWlcxNlhSanpaVjNzRDR1bzNyVzdBQ0tTdXRsQXR5c2NNOXB0VUZZN004MlUxcW9VVk5V?oc=5) · Parksville Qualicum News
- 2022-06-22 [Loans in USVI Becoming More Expensive as Local Banks Increase Interest Rates in Response to Federal Reserve Hikes - The Virgin Islands Consortium](https://news.google.com/rss/articles/CBMi-AFBVV95cUxOb3FtakFRRUtKWDFwUkcxRnJfdEVybTR1MUU0Z01LWDRaV2luZTlMNmpiaWUtV0tVRmY2Z0RyNl9uMUtPNUZSaHo3bjV2TGtQRGR2MHdKekFCQnNHTFNmMDh4YXF3QUlHa3dyRVlrV0d5NnYtRmxXX3JmSTh4bVp3WWxBYWdPMUxIUEN2RjFpS1NmVEpqdFluaVNhVEJZRkZfNTUxWG1aMzVLXzV5enNzdGxiaW03VmhGN1pSblhKSVYwdjlHa0ROTXpJQm1qbFZGbUVPdmVjRHdYUWR6c21lSXVTS09QNE1UTG5LVXZveTJnZXp4czlKUg?oc=5) · The Virgin Islands Consortium

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=23811 (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/3.json (key "23811", 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=23811
- 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