# LION'S SHARE
Salisbury, NC · NCUA charter 24813 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lion-s-share-24813

Who the members are: federal charter, multiple common bond, organized 1982, low-income designated. 12,578 members of 220,562 potential (5.7% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 50.

**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 | $65.9M |
| Members | 12,578 (-5.2% YoY) |
| Full-time staff | 25 |
| Net worth | $2.0M |
| Net worth ratio | 3.1% (p0 of band) |
| ROA (annualized) | -0.61% (p6 of band) |
| Total delinquency | 1.05% (p74 of band) |
| Net charge-offs (annualized) | 1.87% (p97 of band) |
| Loans / shares | 84% (p89 of band) |
| Cash / assets | 14.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.28% (p98 of band) |
| Operating expense / assets | 7.86% (p99 of band) |
| Vehicles % of loans | 51% (p63 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 21% |
| Third-party paper % of net worth | 286% (p97 of band) |
| Vehicle delinquency | 1.25% (p77 of band) |
| Vehicle NCO | 2.85% (p96 of band) |
| Repossessed % of vehicle book | 0.22% (p91 of band) |
| Real estate % of loans | 32% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 14% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 23% |
| Average share balance | $3,324 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $3.4M |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $8,605 |
| Loans granted, annualized | $11.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $3.4M outstanding purchased (166.4% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, delinquency 2x band, charge-offs p90, auto monoline |  |
| 2016-06 | 6 | losing money, expense trap |  |
| 2016-09 | 4 |  | delinquency 2x band, losing money |
| 2016-12 | 3 |  | thin capital |
| 2017-03 | 5 | thin capital, assets shrinking |  |
| 2017-06 | 2 |  | charge-offs p90, thin capital, assets shrinking |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 6 | thin capital, losing money, margin squeeze, charge-offs p90 |  |
| 2018-06 | 5 |  | losing money |
| 2018-09 | 3 |  | margin squeeze, charge-offs p90 |
| 2018-12 | 2 |  | thin capital |
| 2019-03 | 6 | thin capital, losing money, delinquency 2x band, charge-offs p90 |  |
| 2019-06 | 7 | 3rd-party paper>100% NW |  |
| 2019-09 | 5 |  | losing money, delinquency 2x band |
| 2019-12 | 6 | delinquency 2x band |  |
| 2020-03 | 5 |  | charge-offs p90 |
| 2020-06 | 8 | net worth falling, losing money, margin squeeze, charge-offs p90 | delinquency 2x band |
| 2020-09 | 7 | loan book shrinking | net worth falling, losing money |
| 2020-12 | 6 |  | 3rd-party paper>100% NW |
| 2021-03 | 4 |  | charge-offs p90, loan book shrinking |
| 2021-06 | 5 | delinquency 2x band, charge-offs p90 | margin squeeze |
| 2021-09 | 5 |  |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 6 | delinquency rising |  |
| 2022-06 | 5 |  | delinquency rising |
| 2022-09 | 7 | delinquency rising, 3rd-party paper>100% NW |  |
| 2022-12 | 7 |  |  |
| 2023-03 | 8 | net worth falling |  |
| 2023-06 | 7 |  | net worth falling |
| 2023-09 | 6 |  | thin capital |
| 2023-12 | 6 | repo signal | delinquency rising |
| 2024-03 | 8 | thin capital, net worth falling, losing money, delinquency rising, assets shrinking | auto monoline, 3rd-party paper>100% NW, repo signal |
| 2024-06 | 7 |  | net worth falling |
| 2024-09 | 6 |  | assets shrinking |
| 2024-12 | 7 | assets shrinking |  |
| 2025-03 | 10 | capital below 7%, repo signal, loan book shrinking | delinquency rising |
| 2025-06 | 9 | 3rd-party paper>100% NW | repo signal, loan book shrinking |
| 2025-09 | 9 | repo signal | delinquency 2x band |
| 2025-12 | 10 | net worth falling, members leaving | repo signal |
| 2026-03 | 9 |  | assets shrinking |

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

- 2026-05-28 [Duo charged in Rowan County loan fraud case - WSOC TV](https://news.google.com/rss/articles/CBMipAFBVV95cUxOTi1RMFo0aG1pSEZTUGQzbUl0anZQazdUVUFrSmhFNVh3S0d1MGZsMWh4cWtrRktwZ0gzMURkS1JYZGIxMUwxVnBCLVAzMlFxY0ZGY0x2WmdsdllmZ1I1ejRvZF82UXU3bDBwXzFvTTZEVkJOWW4wNFdZSDF3VXRWS0k0Z0xCNnNudFVyVU0yUmlLTTRjY0hJWjZMcUJ5aVc2SjZqU9IBuAFBVV95cUxNUGlzeDYtSTAtV2tiQ1ZWa21FeTdTa3d2OGNJelpnazBaUmkwRXozeko4VzNpZndoYURMR2VvejdYUm0ybEpmZUdkUTA3NkNFOXFxNWVQU19FTmdMYlNSZmJNYmpacmdKSExkRjlHdlBha1cyWjdCMEt3eGpTOGF3eGhSc0JSU3REalFBekFIQW00cE5TQUVfOWstQlRQcGIyUVY0Y2R6ekJZZUdvV0MwVnZNdnRObm04?oc=5) · WSOC TV
- 2026-05-28 [Two charged in Rowan County identity theft, fraud investigation - Queen City News](https://news.google.com/rss/articles/CBMirwFBVV95cUxQb3lKVHhtME5ya1BuT1FTaFRPN3ZDWWlmUlhsbmFXbW1kel9ibFNBSERLSkYzcE5nSXVHb2kwdmpiNzBCR09qcmRia0NqTVVIczJxQjhwWGppdTNHSXlVbDBfR1hfRjBvR3d4S2VCVGFVQ0J4N0Y0X1Y0TTFmVE1NamlqUDhCeHdMNjNTdm16ajZMQXdpUnZQdHVKWGpfeGlVdy1wS0cwX1ljZ2dQZm5v?oc=5) · Queen City News
- 2026-05-28 [Fraudsters apprehended by RoCo investigators - Salisbury Post](https://news.google.com/rss/articles/CBMijwFBVV95cUxPOFJqakRfanpBVkFhZXQ3MG5qOGVHenotVU9lYXRxYXRPUk9YUDVBajRkRkN1b1kwQm5MWUJtRFlYSGFjRFMwTk9uMHowM1lHVlVPamZzMGs3N2FCMkNrb3Faa0VxUGVvWm1qZmdOZWV4RlBUMFlhWkZvWDVpRlR5TTE0dFgzU2kyWjhPdG0zZw?oc=5) · Salisbury Post
- 2026-04-10 [Victory Junction Welcomes New Board Member Scott Love - YES! Weekly](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQT3VydUhwS0t1SFdkSzJEa1FPZy1nbFJwenRzWXU0aHllRG1IazRia2lreDRfNG9Da0JCTDNLUjNiVTRVWUNLb2RfTG42c0QwSlNpYVRqaTBnLTdjWDlyYzVWY21kN3pWekdsOGlqMU1YTTVKRVBaZ1pSdzNVMDR3SXp6OXV4WHp1UVczZ3NrZG9mWWZyb3lXUFdtdFVtaE9lVU1aNGRXd2RmdUU5OERSWU11NXAtVDd0RXNEcUw3R3k4UlFoNzExUC13SDZNRFdXT0pocw?oc=5) · YES! Weekly
- 2024-02-26 [Connects Federal Credit Union selects James McBride as President/CEO - CUInsight](https://news.google.com/rss/articles/CBMirgFBVV95cUxNMDdFNk4zVDJENFhqOHdfV2lWeEJraHJoQWpTanJOa1RjcktKMGhLRVBiblU5NUVBeHhsMG42ekNmMmU2aDFyVGViV3hsWDJLdGpSS2ZEbUtVenpaMzJNb01RdVdGek1jQUpHWlpQWXNubFl2TnZSSEJtOEVleWh0aTloY1F4ZnF0dVV5WTYzZW81UlNtbGE5d250UFRmeS1qbmc4UUZuT0lTaXI0Nnc?oc=5) · CUInsight
- 2026-01-21 [Cody Jinks Plans New Extended Tour with Five Finger Death Punch - - Saving Country Music](https://news.google.com/rss/articles/CBMimwFBVV95cUxOSVZUTWdJYkFwWjZzSWw2UGU3VmJCcUdUQlRReElWeDN4V1ZvT2pwMVBRQWIwQktCVjg2WW84aHdVa3pmRkVlWWhaazNpMi14MHZQYUVrS0pwb3o5YmluZFVXdG9SMks4TVBMLU5XMmFrSEhmUjBQTVMzM0h6RVlCaHpZMU9wSlhWdU5uRVpEMmc5Q0FEeUt4RzE4Yw?oc=5) · - Saving Country Music
- 2026-02-06 [We found cheap tickets to see Staind’s ‘Break the Cycle’ Tour with Seether - New York Post](https://news.google.com/rss/articles/CBMiowFBVV95cUxNN0ZfWHlkdmZ6WXZzRU9xM2xnMnNvbms4c09HVWR5dnQzSzVFcU5KVmh5alphRW52VkNuWktVUjU3NlJ1cUlYTy1ra2NrUDAtMzVkQWJsUEY1M20xMFo3R0hyMDcyZHlCRWFLLW5HSklRYzdVc09kWjFYMHZrWkFFUnJjM214NTdZa1dkWDBSOERqNWlOMmR1TVpEVllxeFVpMUVB?oc=5) · New York Post
- 2026-06-01 [The Hype Train Begins for Vikings Rookie Playmaker - Vikings Territory](https://news.google.com/rss/articles/CBMigwFBVV95cUxOS25yaUZtZ3hhSFdIOHE2MXBmSE5OUWJRLW5Jc3lWd3pnNDR2SkpZWU9zRE5WdVhIU0gybHdsekYzMW9yZm1SQWQwaVZDRF9Rb3lDamI3bW9LaFJSTE54TTBkS19iNmJjLWpoM1AwOUFELXB6b2pOWDVyNW9MR2ZqZ0Rmbw?oc=5) · Vikings Territory

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24813 (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/45.json (key "24813", 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=24813
- 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