# INTERNAL REVENUE
New Orleans, LA · NCUA charter 2446 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/internal-revenue-2446

Who the members are: federal charter, multiple common bond, organized 1937, low-income designated. 1,514 members of 1,800 potential (84.1% of the field); checking penetration 32% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *auto monoline*. 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 | $21.6M |
| Members | 1,514 (-0.6% YoY) |
| Full-time staff | 3 |
| Net worth | $3.1M |
| Net worth ratio | 14.3% (p47 of band) |
| ROA (annualized) | 1.37% (p82 of band) |
| Total delinquency | 0.41% (p40 of band) |
| Net charge-offs (annualized) | 0.07% (p56 of band) |
| Loans / shares | 51% (p41 of band) |
| Cash / assets | 52.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.28% (p27 of band) |
| Operating expense / assets | 2.59% (p21 of band) |
| Vehicles % of loans | 65% (p55 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.52% (p52 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 14% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 20% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 36% |
| Certificates % of member funds | 36% |
| Average share balance | $6,924 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 36% |
| Average loan balance | $12,088 |
| Loans granted, annualized | $2.0M |

## Flags firing in the latest filing

- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | net worth falling, delinquency rising |  |
| 2017-06 | 1 | members leaving | net worth falling, delinquency rising |
| 2017-09 | 1 | delinquency rising | members leaving |
| 2017-12 | 2 | net worth falling, members leaving | delinquency rising |
| 2018-03 | 3 | delinquency rising |  |
| 2018-06 | 1 |  | net worth falling, delinquency rising |
| 2018-09 | 0 |  | members leaving |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 1 | delinquency rising |  |
| 2019-12 | 0 |  | delinquency rising |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | delinquency rising, auto monoline |  |
| 2020-09 | 4 | net worth falling, margin squeeze |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 |  | delinquency rising |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 1 |  | net worth falling, margin squeeze |
| 2022-06 | 2 | charge-offs p90 |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 | assets shrinking | charge-offs p90 |
| 2023-03 | 1 |  | assets shrinking |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 2 | net worth falling |  |
| 2024-06 | 1 |  | net worth falling |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 4 | net worth falling, delinquency 2x band |  |
| 2025-06 | 2 |  | net worth falling, delinquency 2x band |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | net worth falling | delinquency rising |
| 2026-03 | 2 | loan book shrinking | net worth falling |

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

- 2026-02-26 [This CD is still offering 6% — and four more with 5%-and-higher APYs - MarketWatch](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNX0ZEREp3WmNheVltLV9CVEZ1U0lnWEY3d1FUQVZxbUphWm41b0N0clJ1MG9CeTd5YktxUE1YMXFGU3BSRUhRbllXUUtjc2RIQ2ROa2hoTXVuSW9BX2MyWUE0d01kUGluMVUxTTJFVEdkaTNpMEdKYjN2Y3U0MFo5OHJIN2tfakVHZlRFUVZ0SEFaVXZsNWRUVTFlallkLTNNN29oTklrYms1d0U?oc=5) · MarketWatch
- 2026-06-16 [By the numbers: Abstracts of judgment; state and federal tax liens - Laredo Morning Times](https://news.google.com/rss/articles/CBMingFBVV95cUxNSWNrOFZpRjVDWHFhODV2enhJX3FEMlNzcGZBb1REOEh5WEJEMXBoRFlMbUFjUUs5WGZnU1RueWNIUmI1YS1nMkFIRzZLbXdxSW9DZGh6S1dxRkp4VjNnNEVCOXRJVENpZTRZODd3eG1fUG8xWUVoTHB2VVozQlVPaTlaZ3Y3N0hqNFBLNFBtQUktenJTZU5mVF9GSmxVdw?oc=5) · Laredo Morning Times
- 2026-02-09 [Tax season is here. Where can you get free tax help in Milwaukee? - Milwaukee Journal Sentinel](https://news.google.com/rss/articles/CBMivAFBVV95cUxPa0ZkSHJXVkpkNkIxZFEwbXkydDFqZzNEbTdNYTdjdXNOMHh3VllseXFGcDBVdGoyb3FWbmxRU0JnSjd0aDB5cGFoRlM1NFFsZmZRSm0wV3E2cHhHWDdNZk1aUWptbDM2OC1UUG5PdHdxbkRwSC1WSUtQZlA0OU9RT0xfb1pwd0dLeWh4enVmZ1g5R2FYVHFTWVVuMUhQbkF5eGNWVHpzdEYyaHI0b1QtLVVhcHkzM1J6dzF5Rg?oc=5) · Milwaukee Journal Sentinel
- 2026-04-17 [Wealthy newcomers pump billions into South Florida as lower-income residents move out - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxQVDcxOS02RXZXMGV6Sy1CWnhEakp3RWNjZ2JjSE5aVi1LY1RwVFRsTzRlN2lleXNLMzkwSnlZX0xCN3VOSEpLdWFmdmhvaXVhdG1CSDBsUFBxQjRKN3RueFZmMzFaQnZGUDA5RXdiYUpXVnh0dzA3bFUwTENYbGlsYjJ6cXJ1eENXVm9xcWFWNFc5X2J1elJTcTBVYWV3TG41TmVnM1lR?oc=5) · The Business Journals
- 2026-04-29 [– Court News – - Teche Today](https://news.google.com/rss/articles/CBMiX0FVX3lxTE1lV1RIZmpCdnl6RUFJelgwQ01ZVTNHaUkwM1RGOXNTWkFfRVhSWWhsX0F4WmpmT0I1ZDBzS0lQcUtDa1czZDVKbm5KWkhhY1c1S0R3YlJpUm5ELVVYb2VB?oc=5) · Teche Today
- 2017-12-18 [Thomas Williams — RBC Bearings Inc. - Vanguard Law Magazine](https://news.google.com/rss/articles/CBMigwFBVV95cUxQdTkzcmF2TC1BTUlheGg5Y1poZHN2cjhIUmNia0ZvT294UG1hbWdxd2NkcVloSE1jVnRrUlNRQ1RycGw2Vlo5REllU2U1UHo1ODl5aGJ4X3NoRjljamxtNVd2YTM5aXNsQU5NQXNJQWFpRnZ4ZjRaQW5QWnZrSnFjcTFCMA?oc=5) · Vanguard Law Magazine
- 2021-11-11 [Robert Crittenden Baird Jr. - AL.com](https://news.google.com/rss/articles/CBMihwFBVV95cUxNTkF4d0JBYVpjY0lYakVoei1naVM2cFFpaUN6NkNraDltYTJ3MzBQV0dnWS1QazVVbXdmM3Y1QTJEckxNNks3a2QwUl9hU1B5T0lfTEYwSTNVZ2pQdEM1ODFlNWlwN0dwOWZOSzllX2pod0lYN1QxLTAyZkg4TUdRTThEUU1XRlk?oc=5) · AL.com
- 2018-07-02 [Feds expose shadowy, $500 million check-cashing chain in Hialeah and its real owner - Miami Herald](https://news.google.com/rss/articles/CBMidEFVX3lxTE1KazZrSHA2YnpGOHplX2RqbkMwbzk4dm4ydzExNVBxeDdmNnp1RFR6d3Yybks4aEtLdFQ3enNrSEZoVDBaTi0wMXByVzFNYTZaVWRJbWI3N09xWGlKdWNTcDdzQThEd1JyQ3hiZm9MOVo5Nkdf0gF0QVVfeXFMTzY0UklKb1FSY2hwZ3dsdVFUZjE3TVIxTGF5YTFtTlFmdFdINlZIdGNIdk5ldjM4MVFJYVk4ZGtpaFFpU2JMZ2ZNaEZ6Tk4xNmZIQW9XNmN2czdYeS04MlpxSy1ZWmJwclJZU3RfRUZ6NUx3TWQ?oc=5) · Miami Herald

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=2446 (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/14.json (key "2446", 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=2446
- 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