# MOSAIC
Harrisonburg, VA · NCUA charter 24281 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mosaic-24281

Who the members are: federal charter, multiple common bond, organized 1986, low-income designated. 3,082 members of 25,000 potential (12.3% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $9.1M |
| Members | 3,082 (-4.1% YoY) |
| Full-time staff | 5 |
| Net worth | $729,642 |
| Net worth ratio | 8.0% (p5 of band) |
| ROA (annualized) | -0.33% (p18 of band) |
| Total delinquency | 1.86% (p76 of band) |
| Net charge-offs (annualized) | 1.68% (p91 of band) |
| Loans / shares | 76% (p76 of band) |
| Cash / assets | 27.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 6.52% (p97 of band) |
| Operating expense / assets | 9.20% (p97 of band) |
| Vehicles % of loans | 75% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.69% (p57 of band) |
| Vehicle NCO | 0.24% (p75 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 25% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 97% |
| Certificates % of member funds | 0% |
| Average share balance | $1,776 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $3,611 |
| Loans granted, annualized | $2.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, expense trap, delinquency 2x band, auto monoline |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 6 | capital below 7%, margin squeeze | expense trap |
| 2017-06 | 7 | expense trap |  |
| 2017-09 | 4 |  | capital below 7%, margin squeeze |
| 2017-12 | 5 | loans>95% of shares |  |
| 2018-03 | 4 |  | loans>95% of shares |
| 2018-06 | 4 |  |  |
| 2018-09 | 5 | loans>95% of shares |  |
| 2018-12 | 6 | capital below 7%, losing money | delinquency 2x band, loans>95% of shares |
| 2019-03 | 7 | net worth falling, delinquency 2x band | losing money |
| 2019-06 | 6 | losing money, assets shrinking | capital below 7%, net worth falling |
| 2019-09 | 5 |  | losing money |
| 2019-12 | 8 | losing money, delinquency rising, repo signal |  |
| 2020-03 | 9 | capital below 7%, charge-offs p90, loan book shrinking | losing money, delinquency rising, repo signal |
| 2020-06 | 9 | net worth falling, margin squeeze | assets shrinking, charge-offs p90 |
| 2020-09 | 8 |  | net worth falling |
| 2020-12 | 6 |  | capital below 7% |
| 2021-03 | 9 | capital below 7%, members leaving |  |
| 2021-06 | 9 |  |  |
| 2021-09 | 7 |  | loan book shrinking, margin squeeze |
| 2021-12 | 10 | losing money, charge-offs p90, loan book shrinking |  |
| 2022-03 | 9 | assets shrinking | losing money, charge-offs p90 |
| 2022-06 | 9 | losing money | loan book shrinking |
| 2022-09 | 10 | charge-offs p90 |  |
| 2022-12 | 8 |  | capital below 7% |
| 2023-03 | 7 | repo signal | losing money, charge-offs p90 |
| 2023-06 | 6 |  | repo signal |
| 2023-09 | 8 | losing money, delinquency rising |  |
| 2023-12 | 7 |  | delinquency rising |
| 2024-03 | 6 |  | losing money |
| 2024-06 | 7 | charge-offs p90 |  |
| 2024-09 | 6 |  | delinquency 2x band |
| 2024-12 | 5 | delinquency 2x band | thin capital, charge-offs p90 |
| 2025-03 | 7 | thin capital, losing money |  |
| 2025-06 | 7 | charge-offs p90, loan book shrinking | delinquency 2x band, thin capital |
| 2025-09 | 8 | delinquency 2x band |  |
| 2025-12 | 8 | margin squeeze | charge-offs p90 |
| 2026-03 | 9 | thin capital, charge-offs p90 | assets shrinking |

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

- 2025-12-12 [PLG Provides $25.6M C-PACE Financing for Seniors Housing Development in Oregon - Seniors Housing Business](https://news.google.com/rss/articles/CBMiswFBVV95cUxPUzNsVVZlSldhQXNZX1k3ckllZjBRaDJtYTJxUk92bHFqeG9XUHV0UnhuSC1nSmY2cFlfYXEzdmptdTJ2UkIyMWlmX2NScG1kLVJELTdnNnQ3TVpKeThMMzRrWTVqWjZLeWZiUVpLVGtOUFkyUy0yZXJmSGM1RVN1bmpSMmtqQ3pZZkxnbFdiT1A5N01WY0FCZ2xiYlREanlhUTJ1R0g0UGYtS2hXdWJWbEhPbw?oc=5) · Seniors Housing Business
- 2026-02-04 [Community Mosaic Mural Planned for Cass City - tuscolatoday.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxOSnJ2SUQxVWpTemZReVB2ekNscFVfT0lJbnpuMThjQ2RCbjZIYlllTFJEN3Z6MUlfRlFDXzNkZ2ZpZnJEUUFmMUxYNkZDR0Vna0lMaDY0YnJCRnAyZng0R2tSX0JKd2VKZ1UyZExYNnd6WWNQbEJ0MjVpNDkzVVV0dGZEQmY0SHRNczBtalJNUHRCekh2M2dESVRBTUFfNktGaHhja091c1I2dE9YNTN4NktnMnZvUWY1NVJGTUM3NlktcWZqQ3Q4?oc=5) · tuscolatoday.com
- 2025-12-15 [Best & Worst Super Stars - richmondmagazine.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNeWNDS3E0aDR6REh5c3RVRVJRSi1xeWRDY2VTOWZCMG1raXd3VmF5Zm9UWEJpaFU0YVlyQ01VOGhOb2V3TzUtc2tXT2NnbHNyanM3ZDY4aTFQSTB2YnlYTndQZTllVlR6WFFMQVd4YVRudWlHUllnbkl6T0w3ZzZ2VFlXUFJtZFFpUURUY083RU9MQTJj?oc=5) · richmondmagazine.com
- 2025-11-17 [$175K Stolen Via ATM Jackpotting Scheme In Fair Oaks, Police Say - Patch](https://news.google.com/rss/articles/CBMimgFBVV95cUxNS1FJT1Y0dERERzJZblM3dGVMUlB4VXFZSVIzWkkzbk11WkNoTk1XbHpZSUdrWlZUall2U3BSTzJLaHgyWjJtcEp2c0g4Y2I2MUtoRDA2Zlh2R3pXbXo4d0NPdmQ5RWZxZWRDR2VrV3p0ZXZfTnc0RWxfRUxhTV9nRUJwTzdmQ1dJWWdYTUdmZVBwNlNiOTkydzVR?oc=5) · Patch
- 2019-06-03 [Harrisonburg man arrested after attempted robbery at credit union - WHSV](https://news.google.com/rss/articles/CBMipwFBVV95cUxPWEs3YVF1ZU5FWWk5a2g0dk1iVGp6RDJSek92WFhVbEJaX3gtQnNrNS1URXVEdDdQaHdCVGhuOWx6cF9nVlQzS01SQkFESE5sTUpBN1cwT1doQjJ1dHFWbGRSTFVMNk9VVDc1dkxmQUJvY1RJbjFKbnVhWU9OOWFqWFlPQkJJT0kxVm1JOE1YemF6RldBMW1RMDMySG1NTnZ2ODhibEF1RQ?oc=5) · WHSV
- 2011-03-08 [Obituary information for Arthur G. Brown - Kyger Funeral Home | Harrisonburg, VA](https://news.google.com/rss/articles/CBMib0FVX3lxTE8tc0JyaUlfSXZoV0ZVLWtINWlsMnJ4Z2VwNVJ2Nkt0WXZteTR3eUVlLU9MNHlhdHJab2tQUGxEMHFhR3ZRLW1MQXBpeHFYTnFrR2lLM3Zmcl9GbWVzemVCQ1UwN0VMQ2ZnRHBuNDNiVQ?oc=5) · Kyger Funeral Home | Harrisonburg, VA
- 2017-04-13 [311 To Release New Album 'Mosaic' Out June 23 On BMG // Listen To First Single "Too Much To Think" // 40-Show North American Summer Tour 2017 Tickets On Sale Now - Red Light Management](https://news.google.com/rss/articles/CBMi8gFBVV95cUxONllWckhJMnlXWE51ZnYtUEJWZ0owMXdUWkRQazBVcE9yekNqT2VnWVRwSEtUcWFiaHVDTWZ1U2V4YUQxYkQtSnlZWjVWUnU1enNYdm5YQXRzQzFfXzE3a3k5ZU4wM0lfek5ubzQwbnBaUklGYVVIb29lcURrM3lMTkxFblp1cVRXQ1laNU42cWx2dGNUZDFQMzdnQlIzSWo0Yzdma0pMNVN1SGt0WFhxVTA3a01QSF90T19lRVktX0JHOFB3ejEyMFVpcE9Da3R0TlNtMWVIdkppU3g0TjZSZzJYT2wtX0ktZTU5RDRmcUlmdw?oc=5) · Red Light Management
- 2025-01-24 [Local polar dips and plunges encourage cold water jumps for charity - FFXnow](https://news.google.com/rss/articles/CBMipAFBVV95cUxPb2xLTnI4UzBWUmc1aWgteURnRkQ2UGpLYzl2cWZZYzlITnR6aHJVV2dzblFQV3hiaFZYXzJYV0lmU0YzRFBXME03VWk0U2hYRlVqWmZ2b2hCWnhWbFhWUXhpMU5OTE4yMDViazF2WmhHZzZoa3FXc1dGY0w3X283ZElUTU02dzJ6MmFKeW15cnVoWklUOUtmWGFrYnlRVGpoOV9aRg?oc=5) · FFXnow

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24281 (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/25.json (key "24281", 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=24281
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide