# DESERT RIVERS
Moab, UT · NCUA charter 24918 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/desert-rivers-24918

Who the members are: federal charter, multiple common bond, organized 1957, low-income designated. 8,499 members of 24,918 potential (34.1% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $112.9M |
| Members | 8,499 (5.7% YoY) |
| Full-time staff | 30 |
| Net worth | $9.6M |
| Net worth ratio | 8.5% (p7 of band) |
| ROA (annualized) | 0.03% (p10 of band) |
| Total delinquency | 1.43% (p86 of band) |
| Net charge-offs (annualized) | 0.77% (p83 of band) |
| Loans / shares | 94% (p96 of band) |
| Cash / assets | 6.6% |
| Borrowings / assets | 1.24% |
| Net interest margin | 4.74% (p92 of band) |
| Operating expense / assets | 5.57% (p93 of band) |
| Vehicles % of loans | 39% (p54 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p32 of band) |
| Vehicle delinquency | 2.37% (p93 of band) |
| Vehicle NCO | 1.62% (p87 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 209% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 47% |
| Average share balance | $6,151 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.3M |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $19,943 |
| Loans granted, annualized | $37.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.3M outstanding purchased (13.9% of net worth), $1.2M sold and retained. Sold in 3 and bought in 3 of the last 8 quarters. Shares 0.9% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2020-09 | 1 | thin capital |  |
| 2020-12 | 3 | expense trap, loans>95% of shares |  |
| 2021-03 | 3 | delinquency 2x band | loans>95% of shares |
| 2021-06 | 3 | net worth falling | delinquency 2x band |
| 2021-09 | 3 | margin squeeze | net worth falling |
| 2021-12 | 4 | delinquency 2x band, loans>95% of shares | margin squeeze |
| 2022-03 | 5 | leaning on borrowings |  |
| 2022-06 | 7 | net worth falling, delinquency rising |  |
| 2022-09 | 5 |  | delinquency 2x band, delinquency rising |
| 2022-12 | 5 | delinquency 2x band | net worth falling |
| 2023-03 | 3 | delinquency rising | expense trap, loans>95% of shares, leaning on borrowings |
| 2023-06 | 3 | net worth falling | delinquency rising |
| 2023-09 | 5 | delinquency rising, charge-offs p90 |  |
| 2023-12 | 3 | members leaving | delinquency 2x band, net worth falling, delinquency rising |
| 2024-03 | 2 |  | charge-offs p90 |
| 2024-06 | 3 | net worth falling |  |
| 2024-09 | 3 |  |  |
| 2024-12 | 1 |  | members leaving, net worth falling |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 4 | delinquency 2x band, leaning on borrowings |  |
| 2026-03 | 4 | expense trap | leaning on borrowings |

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

- 2026-03-17 [Desert Rivers Credit Union breaks ground on new Moab headquarters - Moab Sun News](https://news.google.com/rss/articles/CBMiowFBVV95cUxPWFluMHcyY3VFampOVTVtcjJ5eTRGR0tjYzYxT0dObnJWbGZGUUF5bm51U3ZBY0E4Q0JNTm1LYUZpNmJBUFp3VmdlMmdRdDZJNkVENC1VTUp0aEdLbXdtUm10THdIdkJpckQwX21EUjFjNFE0eURiekx1d251amcxOUZYWDEyYllUMS1NVl9hQnJWQ1VyX05STTBEQXpGeGQ3dXRn?oc=5) · Moab Sun News
- 2025-04-28 [Utah State University Moab Celebrates 2025 Graduating Class - usu.edu](https://news.google.com/rss/articles/CBMilgFBVV95cUxOanpOanJsZVlLOGZfY3RnNC1vaXRVYUF4THlKX3JiQnF2d01QYU5wQkQxZmV1YldZbWxVa2Z6MFNWNjNCZzZWMTM5QllJYzVVX1c0S2J3aElFdVRWcUdINXZZTnFfU1o3S3hYVWlSY3p6M18wM0lndVhReUFZdU95TUgyNDVoZnlsMjhDZFJFa256T2xOZVE?oc=5) · usu.edu
- 2025-12-05 [Obituary | Ren Hatt - Mitchell Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5uVW03dWN3ZURNdmdxeGtkU0luNVZZRklENGV0eFJMSzduOFVSTkQ5QVQta1hWTHlHNW9DVTZWYmdGQjR6T1pTWU5iR1dLdVZDeU9RYnRaOXRkNERCNFlkQnJNOA?oc=5) · Mitchell Funeral Home
- 2023-01-25 [Moab Valley firefighter dies from off-duty unknown cardiac event - KUTV](https://news.google.com/rss/articles/CBMiiwFBVV95cUxONXVfWmx6SWlFcXUzanBqY21tX2NEX3h2bVFORkVvQmlQbTVMckw1Nm94R3pvNHNMU2g4b0hWSThtSHI2Umt5SUV4emJUOWJXS0N6VThSMjM5UEs4eG1sNXB3SThHbXBGeFlndEFyV3FrbklweThSTzF6VTVDVUNVNGg0YjViRzMyaXpV?oc=5) · KUTV
- 2020-12-24 [Mark S. Marksberry, 1956-2020 - The Times-Independent](https://news.google.com/rss/articles/CBMicEFVX3lxTFBxMGJmRmpsVEFJR1ZITDJaeURnbUVFcm45YktXR0ltNUpTNXZMdTJoNnBSUXBvLVl3d094LTd0TUxhSHMwLW80aVBEbHp6N0RKanV1ZWw1T0w3M0tFN1ZndWlQai1yOGgzT1djMHI5VnM?oc=5) · The Times-Independent
- 2023-12-01 [USU Moab Academic Building Wins Awards for Best Project in Higher Education, Sustainability - usu.edu](https://news.google.com/rss/articles/CBMivwFBVV95cUxPZFYzWWhWekQ1S19jMVBvTzUzQTNTZTdiXzdqWUNhSG1xendRM0lTcHZTeWRiTjlIaXR4X3dMb0xVSDFYamVNTm0wR0FmdjAzUk1DalE1THdiMER1X1pJVFlISGVKbTBJd01CZEhIeXhFclJ3ZnpLQ1RpMVV6UnJGNXZva1J2WHhWbHNXa3htVS1HOFQ3Z1NULXZTSGJhZUdNQjJ3SmF4WHR5d2RGZEZWLWVfanZFRVBtNHNna1Fqbw?oc=5) · usu.edu
- 2022-04-07 [USU-Moab open for business - The Times-Independent](https://news.google.com/rss/articles/CBMib0FVX3lxTFBOMU40TkhiVld1YktET1JSckg3QXA2dHdleGIzaUR1LXlTV2ttWkU4OXJYX19hanM1cktzM0ZPNWFHVzBPYkxEQW53ZzFjeGNRSnlDQTU0OWsxUWNtV3hPMFFuR0xvTU1WWUJpemxZTQ?oc=5) · The Times-Independent
- 2018-06-22 [Home in Moab fire tests positive for asbetos, cleanup delayed - KUTV](https://news.google.com/rss/articles/CBMifEFVX3lxTE9CN2JLMGEzOUh3aVpSdkdRb2p4TlJQNWlHSmNDdjRITGtOOGxnZkJBNTJBa3dFLXBISFBKLWthMThVcHJtTGFMY3dTMWJhQ1l3ZFhUMzEwXzd3dzZaR25Od3FoWkpnMVBWSXZHY05MRElLMm5FUTV6NDd0WU4?oc=5) · KUTV

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24918 (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/22.json (key "24918", 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=24918
- 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