# SPIRIT OF AMERICA
LINCOLN, NE · NCUA charter 24724 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/spirit-of-america-24724

Who the members are: federal charter, multiple common bond, organized 1943. 3,542 members of 18,000 potential (19.7% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *quiet fade*. 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 | $54.2M |
| Members | 3,542 (-4.5% YoY) |
| Full-time staff | 10 |
| Net worth | $6.6M |
| Net worth ratio | 12.3% (p44 of band) |
| ROA (annualized) | 1.33% (p80 of band) |
| Total delinquency | 0.00% (p1 of band) |
| Net charge-offs (annualized) | -0.03% (p7 of band) |
| Loans / shares | 41% (p15 of band) |
| Cash / assets | 52.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.85% (p59 of band) |
| Operating expense / assets | 2.86% (p27 of band) |
| Vehicles % of loans | 46% (p57 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.00% (p5 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 96% |
| Certificates % of member funds | 1% |
| Average share balance | $7,985 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $15,502 |
| Loans granted, annualized | $7.2M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | delinquency rising |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | repo signal |  |
| 2019-09 | 0 |  | thin capital, repo signal |
| 2019-12 | 2 | thin capital, delinquency rising |  |
| 2020-03 | 0 |  | thin capital, delinquency rising |
| 2020-06 | 1 | thin capital |  |
| 2020-09 | 2 | loan book shrinking |  |
| 2020-12 | 3 | margin squeeze, delinquency rising | loan book shrinking |
| 2021-03 | 3 | net worth falling | delinquency rising |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | margin squeeze |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 3 | delinquency rising |  |
| 2022-09 | 2 |  | net worth falling |
| 2022-12 | 1 |  | delinquency rising |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | assets shrinking |  |
| 2023-12 | 1 |  | thin capital |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | assets shrinking |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 | members leaving | delinquency rising |
| 2026-03 | 1 |  |  |

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

- 2026-07-08 [Where to Order Cheap or Free Checks - U.S. News & World Report](https://news.google.com/rss/articles/CBMigAFBVV95cUxOcXl2ZmxfQjc4Wlpnb3haLTZ6eFhsSFpaQ3gzMDk0UmVFRWxIbHJ1cUg4eXhFeFpXdW1RakJvQkNrS0JDdm1tVnRPekM4ZXRkRlNBQzlCRlF6cHBoMVpRNjNLZlRqQ0xOX2c0WGphX3Z1al9YWWZlaEVpYk90NnFtQQ?oc=5) · U.S. News & World Report
- 2019-08-04 [East Cobb Holiday Events Archives - East Cobb News](https://news.google.com/rss/articles/CBMia0FVX3lxTFBuNU9XcTM4bm4tV0dfZTFJVENSRW5pWVdySVhPak92bFNQRk92Q3pVWk9lR1J1RDZaQ2ZLYmJLbFVEN2NIZTBoVzU4MUNEZlAzOEhWRk91TWIyLUlJMkhCckVjT3Y2RDNNbnln?oc=5) · East Cobb News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24724 (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/20.json (key "24724", 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=24724
- 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