# LORMET COMMUNITY
Amherst, OH · NCUA charter 24637 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lormet-community-24637

Who the members are: federal charter, community charter, organized 1936. 19,025 members of 448,505 potential (4.2% of the field); checking penetration 37% (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 | $280.9M |
| Members | 19,025 (-1.8% YoY) |
| Full-time staff | 40 |
| Net worth | $37.3M |
| Net worth ratio | 13.3% (p74 of band) |
| ROA (annualized) | 1.72% (p94 of band) |
| Total delinquency | 0.15% (p9 of band) |
| Net charge-offs (annualized) | 0.18% (p26 of band) |
| Loans / shares | 57% (p14 of band) |
| Cash / assets | 18.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.58% (p52 of band) |
| Operating expense / assets | 2.53% (p13 of band) |
| Vehicles % of loans | 90% (p99 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 95% |
| Third-party paper % of net worth | 314% (p94 of band) |
| Vehicle delinquency | 0.13% (p11 of band) |
| Vehicle NCO | 0.21% (p21 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 6% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 26% |
| Average share balance | $7,928 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $14,235 |
| Loans granted, annualized | $61.1M |

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | delinquency rising |  |
| 2018-03 | 3 | net worth falling | delinquency rising |
| 2018-06 | 3 | delinquency rising | net worth falling |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 | members leaving | delinquency rising |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | members leaving |
| 2019-12 | 2 |  |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | margin squeeze |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 4 | delinquency rising, members leaving |  |
| 2023-09 | 2 |  | delinquency rising, members leaving |
| 2023-12 | 2 |  |  |
| 2024-03 | 3 | delinquency rising |  |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 3 | delinquency rising |  |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-04-21 [LorMet Community Federal Credit Union celebrates 90 years with open house - Morning Journal](https://news.google.com/rss/articles/CBMitwFBVV95cUxPU1IweXNqd2M0d09JWlpKWjZWR1l4cXBpX3ZqZ3ZDdEZGa0xfd19mZFZfVGozQlJBUXZsWEx1M2JxbW5ENXVITVBheTd3MTJ5S0MxYmJJUDlfaE5sN1ItdGNCWnk1RTZEWTlCaHE1SGtpYUxDNEQ3MUJRWW54cTliU0NXaDZXZWhhbFBVR2dIZGFOS0V5WDhmaURYN2EzNXV3RlR4LUxTZ2JsYXctX2hDeE1kSFNyaGM?oc=5) · Morning Journal
- 2020-01-14 [Horse and Buggy ATM Back in Wellington After Makeover - Bay News 9](https://news.google.com/rss/articles/CBMioAFBVV95cUxOTE1rWTZSQmFIM2V2SWx1WG1NZVdrTm92ekNvYlhXM2FPSnBKSHZYZnl6MkNEeVVvcXdGd0JRTE9vR0NtLVZ1RFJscllTczFqa3ZvZGczd3dtU2dzLVUyOGpJelQ2VW1ON3ExY01JaGk2UlRPQU5uRlJfcmVGNGJtN2ZVLXV4RDYyWFMtMmxQcTB6SlhnVXFtbHIzX1hTMThq?oc=5) · Bay News 9
- 2026-04-25 [LorMet has served for 90 years | Editorial - Morning Journal](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNRzJEZDlXaHQySUo2YU1YdlpyaDNUd1cyQU12bl84VkhCdXJvekItR0pNNm9PRUZRSk13ZTN4eW92eXlRRlZlSl95T0I0U3FYcFVLS1dzTlc5SDVzYWpTc0xtNjN2aTNpV3dMaUtqck5KNktGRVlTSjV1MEFUTERVTDBtbWRITkFEQm9n?oc=5) · Morning Journal
- 2017-04-16 [Horse and Buggy ATM, Wellington - Ohio Magazine](https://news.google.com/rss/articles/CBMigwFBVV95cUxQN3JnTURtcTBiRzItcERGN1RuWHBhSmtWVTFkMVB4VVduUXR0VjNERXhtMnRnLTFrMmZhUzRFZFZ6dnJ0MVoxZkplMnhZdEQ2V0s0VldCYkRwSUluT1ktbFg0TnJwNEpIYkdmZTZtcmZlT0t6ZWYtU3BpMUIxZEY1YlJ4cw?oc=5) · Ohio Magazine
- 2026-08-31 [LorMet Community Federal Credit Union to host another anniversary open house - Morning Journal](https://news.google.com/rss/articles/CBMiuwFBVV95cUxPWFg3elEwaXFUd1NZVjRQTVRZRVdNdkdvdFNINjNQeXd2aDRQZjNkdzcwUHZPZFdNQjVKWnBDekhxM3dmUFdYWHVTLUFXNnA2a1I3bWxvNmJiaXZjbENmcFlEV0dsZ1RGM1NTNklEM2dJdU8xYk1TZVAxeUEyUDhfVTNRNk9fQmE5cU5aeExOU2FTS1FTUTZkZjJTVDl1N3JqeWVxa19CWGFCNmt1MzY3d2dUdlp0YUhoeFJF?oc=5) · Morning Journal
- 2022-11-26 [LorMet Community Federal Credit Union donates more than $25,000 to Second Harvest Food Bank of North Central Ohio - Morning Journal](https://news.google.com/rss/articles/CBMi6gFBVV95cUxQODQwN2lFb25aZUMtN3dzeXNYVGZEcU1sVmpSZ1hHSWppd3RUak9VVFlMU25tcnVFeXVaYzBPX3Fwd2Z2N0ZUNmZCUzVtMDFUWTA4ZS1IN29ucW04Nld3VndTV1BlbUtXbTJTdkR1V0tGVncwMHZoV21kOHZDb3JYSElCQURrWkEzNW1sQVcyMFREQjdVVXhPMWpPdF9LMjQ3YzlIREF6d3BZR05zV0dHbXJTUF8xT1IxYnU2aEZUdlBfLWFPbFNyWWNxRmt4MTdqckd4LTZPcXhacGFOZzUtbnFKYmk1QjUzYWc?oc=5) · Morning Journal
- 2025-11-21 [LorMet donates proceeds from matching campaign to Second Harvest - Morning Journal](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQUnpRb3FtampMZWpOeHg2ZXk1YnlEQWdncVZYZVBjSkhnc1FNODg3Qm1ZUWlQS3JKTDFHQUhlYkd6V0JBRzRqUEdZYWJhemdlN1h1Z2lSZURJT2dibGtwLUMtUUFpUU1NWElXSUg1UE14TkY0ZUR2QkoxVDNYOXctX051TklIQjN6UHlRZHhBTFNBQTd5UGdsTUhDMTFhcXptUWFlMXVqM3hiQ2s?oc=5) · Morning Journal
- 2024-05-27 [Bessie Kramo Obituary - Lorain, OH (1922-2022) - Morning Journal](https://news.google.com/rss/articles/CBMidkFVX3lxTE5hTzF6ZW10ZkljTEE2REY4ZHAxRTdMYk9PempwMTg3X3g2MEV2bzZpWDZqR01HS2JqQ2hZN2xpY3c2R3pjWHR5ckFkclpqeWkzMnRaSEJ1YVA3WnhWWmtlWXlJOXlWLVIzSXU1WnJPMUl3UDFYcnc?oc=5) · Morning Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24637 (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/61.json (key "24637", 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=24637
- 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