# BEVERLY MUNICIPAL
Beverly, MA · NCUA charter 24192 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/beverly-municipal-24192

Who the members are: federal charter, multiple common bond, organized 1985. 1,893 members of 5,000 potential (37.9% of the field); checking penetration 13% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *ordinary*. 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 | $26.6M |
| Members | 1,893 (0.3% YoY) |
| Full-time staff | 2 |
| Net worth | $2.2M |
| Net worth ratio | 8.3% (p6 of band) |
| ROA (annualized) | 0.85% (p63 of band) |
| Total delinquency | 0.18% (p30 of band) |
| Net charge-offs (annualized) | -0.01% (p21 of band) |
| Loans / shares | 83% (p84 of band) |
| Cash / assets | 23.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.88% (p16 of band) |
| Operating expense / assets | 2.13% (p13 of band) |
| Vehicles % of loans | 22% (p13 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.38% (p47 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 17% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 32% |
| Certificates % of member funds | 51% |
| Average share balance | $10,090 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $28,897 |
| Loans granted, annualized | $7.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | delinquency 2x band |
| 2016-12 | 1 | losing money |  |
| 2017-03 | 1 | net worth falling | losing money |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | net worth falling |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | losing money |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 3 | members leaving, 3rd-party paper>100% NW |  |
| 2020-03 | 2 | net worth falling | losing money, members leaving |
| 2020-06 | 2 |  |  |
| 2020-09 | 3 | margin squeeze |  |
| 2020-12 | 2 |  | net worth falling |
| 2021-03 | 2 | delinquency rising | 3rd-party paper>100% NW |
| 2021-06 | 3 | net worth falling |  |
| 2021-09 | 4 | 3rd-party paper>100% NW |  |
| 2021-12 | 5 | losing money, members leaving | delinquency rising |
| 2022-03 | 4 | delinquency rising | margin squeeze, members leaving |
| 2022-06 | 3 |  | delinquency rising |
| 2022-09 | 3 |  |  |
| 2022-12 | 2 |  | 3rd-party paper>100% NW |
| 2023-03 | 1 |  | losing money |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 | loans>95% of shares | net worth falling |
| 2023-12 | 2 | delinquency rising |  |
| 2024-03 | 2 | margin squeeze | delinquency rising |
| 2024-06 | 3 | net worth falling, delinquency rising | loans>95% of shares |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 3 | thin capital |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | margin squeeze |
| 2025-09 | 2 | delinquency rising | net worth falling |
| 2025-12 | 2 |  |  |
| 2026-03 | 2 |  |  |

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

- 2022-04-25 [Obituary information for Leo L. Panunzio - campbellfuneral.com](https://news.google.com/rss/articles/CBMie0FVX3lxTFBndTV4YnpJcG1DcWs0b1VCUkwtWlo5dkpleVFVZkwteVNkb0gwX2x5aWVpcWd2a3YtQ3RJd1VTaThULWV5c3czQUpYRUQ4bGo1YnRFa05uWm1pWDFzV1h3SmVSdjlPSmFydlVGQnB0Q0d3d0dZLW45ZFppMA?oc=5) · campbellfuneral.com
- 2025-11-17 [Innovating for Financial Well-Being: OWF Backs Penny Finance - Business Wire](https://news.google.com/rss/articles/CBMitwFBVV95cUxQUkpIOUJ3MW9uT0hUS0JGZ2NpeDRNYWtMTkpIdGgwWnBMMldTWTVuVk1nWHhFek5FQlluRFBpbUJwRUVuWmU1ZmxodkdVX3ZmUlY3TTUxejBudHJmNDF1Skl0aEpoWXZldVo3b3BsU0h2bDdaX1UxLU4zOVg0QnhxNk93MlROcjdhVGgybklCVmFOelprc0ROVzIzdUVlNWNaQUlXcDBpMkQ5M3BtcE83MVczRUk0RlU?oc=5) · Business Wire
- 2022-09-02 [Obituary information for Ellen Quigley - campbellfuneral.com](https://news.google.com/rss/articles/CBMieEFVX3lxTFB1RFR2QnFZSjVBU1FMVUVLVmlzTHZtcklIa3Jaay1SeGZsamRFODJzWlBRRmtwbzA5X3A5QUZfZGlyNXdCUjlOZlJzU2dRa05xOWw0U1F3X3lDMGhFeWYxenMwMFFGS0thSFQyVUt4ampPRXhaSHNXWQ?oc=5) · campbellfuneral.com
- 2007-10-07 [Rodney A. Maxner - Obituary - Beverly, MA - Campbell - Lee, Moody, Russel Funeral Home - CurrentObituary.com](https://news.google.com/rss/articles/CBMiVEFVX3lxTE9mU2Y4TlN5YXc1YWU0ZFBBamdMbVZkRVlnODdsYUl5MWI3TXJhMkg5eDVSTVNQd2VESVpnbmZZMHgxRUk5QWZScWNjTDBsV1c5N084Uw?oc=5) · CurrentObituary.com
- 2025-05-19 [Penny Finance Wins “Best of Show” at FinovateSpring 2025 - Business Wire](https://news.google.com/rss/articles/CBMisAFBVV95cUxNVWNSdnI4aGxDQTA5ZXg4enRpdnktTEUtaXJsakRodm90RWVKR01KNkFqX1NpUWNMNm00WXQ5bjZ3RFN6N2x2UXQ4aEVPSkVTR3ZvU0pxWlY4XzdFRVV1dmhEdWFtNkJLYklmSGhHdmRPTVhvaGkxODVNaE52bG1QNjNXczRsZ1FmNm0waFhhMlYzNjVJNmR5V0U2Sk9tcV9EaG04ZDJRREZBbHU0WjZzaw?oc=5) · Business Wire
- 2011-11-05 [Obituary information for Priscilla Allen - campbellfuneral.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE5oTmhaWHlRUE1qUzZtQTZtZjJTeE1qWjVsb0hFWGtqZkdqSjlUQXl1NDNQNTlCckxwVmF2cWVGOXJzalhydHBzYjVaMHlXWG5sQm01S3VLNVFicTlKSGpJVXRmejZIbVZQYzN5SXpFUG1VYXh4bDJhbDQ1SQ?oc=5) · campbellfuneral.com
- 2023-07-10 [Penny Finance Adds Automated Money Insight Feature to Financial Mentorship Platform for Women - Business Wire](https://news.google.com/rss/articles/CBMi5AFBVV95cUxOdEdjOTFkazlQMkkyTjRhTkZjN0JVQ2ttVUJJWE51Q0taeVkxWEw0b05ENlEtODg4UlNBc1paaTFZV24zQ3lVQU80U3JEbF9mb1g1R25TNXdfQm50VTB4VmoxWlc5eGNMV3VXQk9tOEF0NTd2N0Z6MHROSUhfWVdDSzNHc0JvY2lBOUduNjQyY3A3WGwtZmgtYTlQaHJPcjJEOHVLTkVTeFdKVjQ4QWZ2LThmYzVaUXVzRWxKWnhZdmJMQnpqSVBYM2xvLTBjVHJkV1MxdTN0cHZWSUdTRVRkTVBxdks?oc=5) · Business Wire
- 2009-07-19 [Obituary information for Frederick Young - campbellfuneral.com](https://news.google.com/rss/articles/CBMie0FVX3lxTE1OQWVpckFRa1JiUFZHclhTWWtITHRGSTlFX3lmNk41cVkzU2JldkVObE00a1R1THRxejhGVEFBZ2QwMFh5T0VIUngwN2ZUWXlneHVmakhFRFZKMWV3ekpXVXhsX3pBVG5EX0c1Yl9XVW5fblpPb0piUHFSbw?oc=5) · campbellfuneral.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24192 (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/0.json (key "24192", 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=24192
- 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