# LIGHTHOUSE
Dover, NH · NCUA charter 24964 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lighthouse-24964

Who the members are: federal charter, multiple common bond, organized 1936, low-income designated. 168,543 members of 1,100,000 potential (15.3% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 56.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.08B |
| Members | 168,543 (1.3% YoY) |
| Full-time staff | 386 |
| Net worth | $223.5M |
| Net worth ratio | 10.8% (p52 of band) |
| ROA (annualized) | 1.31% (p87 of band) |
| Total delinquency | 0.35% (p20 of band) |
| Net charge-offs (annualized) | 0.60% (p59 of band) |
| Loans / shares | 99% (p87 of band) |
| Cash / assets | 4.1% |
| Borrowings / assets | 1.93% |
| Net interest margin | 4.03% (p90 of band) |
| Operating expense / assets | 4.44% (p95 of band) |
| Vehicles % of loans | 38% (p74 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 85% |
| Third-party paper % of net worth | 309% (p86 of band) |
| Vehicle delinquency | 0.39% (p26 of band) |
| Vehicle NCO | 1.03% (p53 of band) |
| Repossessed % of vehicle book | 0.04% (p36 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 55% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 29% |
| Average share balance | $6,242 |
| Participations bought / yr | $152.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $158.1M |
| Loans outstanding per 100 members | 56% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $19,108 |
| Loans granted, annualized | $718.4M |

## Participation posture (from the same filings)

Bought $152.9M and sold $0 in the latest annualized quarter; $158.1M outstanding purchased (70.7% of net worth), $27.1M sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 7.8% year over year.

## Flags firing in the latest filing

- **expense trap** (`earn_opex`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2024-09 | 3 | expense trap, loans>95% of shares, 3rd-party paper>100% NW |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 5 | net worth falling, leaning on borrowings |  |
| 2025-09 | 4 |  | net worth falling |
| 2025-12 | 3 |  | leaning on borrowings |
| 2026-03 | 3 |  |  |

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

- 2026-08-06 [Lighthouse Credit Union Included on the Forbes list of America’s Best-In-State Credit Unions 2026 Ranking - Business Wire](https://news.google.com/rss/articles/CBMi8wFBVV95cUxOTXIyVzNMSTlPWmJsSDVSSG9aZkVjWENSR00wZnRFa0dWaGhDUWYwMG80bnhMOFF4V2dfXzJ3eEFNUW9yY0pqTFRWallKdEg3di1zN2xMZ09lM3hDQ2hJQ1c0cEEzbEpJUXRWdWRkYk1Dc19wV2lRemR6OWpkSUprZHZFa2ZMOTVLbmR0Vi1Vd1FDYVlYY2x3WGpPZllPSFVFQTJfbVl1emFlMXl3d2FWTUc4eV9VNTRnS0wzdFM2RDJROEpteE5IV1NaZDExOW9xNnJTcjhXY3RMai1qWDlvRW0wTzhIbmNBbXUyQWtNMVVmWGM?oc=5) · Business Wire
- 2026-06-01 [PROCON Earns AGC of New Hampshire’s 2026 “Best in Building” Award for Lighthouse Credit Union Headquarters - Boston Real Estate Times](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPNGpwLXpfT0N6dXNsR284dnRXcVVZZnVTRTJGLWZKQWMwNTNIaXlhb2RXSWNOY0hOWGp2c1NoVkJjT1YzcWdsQmFGMGFNR2JxbllQVGVaeG1rbjdyUDY3ZXJjeTRnMXh0N3dlSXdlNzdlUGVLdGZERnlWUW9fV0NKbEJabVlUUk12X3c2Ul9ZeFFTZGsyaU5vM3d3WTMxemlqTTJhb2Qwc2Jkenp2ZEV1d2dFZlhsWjVFbUhQSkNPUFZEOFVCOE5nOHBKS3p2NmczdGxjXw?oc=5) · Boston Real Estate Times
- 2024-12-17 [Cetera Welcomes Lighthouse Credit Union - PR Newswire](https://news.google.com/rss/articles/CBMimwFBVV95cUxPbkpIYzFFZm9SM0hHdTN0bDVZUmd5R1pINVpVdkFObHZsbnVyanZZUWRBaXNENFlmNndaNFF5NkVrOU0yeWdBQlpvTmFhOTdQNnZqbzVrdFlWZlRHZ3NpdzlZSDRQWkZqaGdBUG1RZ3RUaF93cXpheVpSY1VUQ1hmWjNnejBPRE5JeHI3VDgzWE1TRnBDbTVMWlpKcw?oc=5) · PR Newswire
- 2024-05-23 [Maine to get another ‘lighthouse’ this summer - Mainebiz](https://news.google.com/rss/articles/CBMifkFVX3lxTE5pMXN2QVJNdnZPaW1TWmszYmVuWk1vYnlmb2dJdFdWVFU3OXo3dmFNTGdRajUyWHBtRko1dzRldXk2UElhblY1aEdZWDBmVkRzTEhvYnpQMnJMSkhRR2k4d2t6UHROZExJOGJrMnFGRVdtNWZ1VzJXM1FSWXJZUQ?oc=5) · Mainebiz
- 2024-05-22 [Northeast Credit Union to become Lighthouse Credit Union - conwaydailysun.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxNenRwTldmenMyd1NWTGp2Rm5ycnE1cWQ3WGdPWkJwNGVGWXB5LXpBVXBrMXBGYjh2cW54eFhmWllfVURhajJweFQzbndzU09ScUNnM3p1M1o0cWtCRHIyQWRZMzNyMnRUNmtlQ2JTUFdPMUhYQ0tPYTM4YmtzSlNocm9nX01ycndCd0dqLWd6VzBHSWZTWkVhRFRrOGpTYUxjZmZVSk1FZHh6ZGR4LVlmOEhzMkxZaW9tWW5MM3I1NFRkdHB3bFdnNlc5N0tzYjNyMDZrUkN3b2NTWFJiYzF4UHNTZElZNFBtNk5YSW5VN2RIVUpNY2c?oc=5) · conwaydailysun.com
- 2024-12-19 [Cetera welcomes Citadel, Lighthouse to credit union partner network - InvestmentNews](https://news.google.com/rss/articles/CBMiswFBVV95cUxQMFMzTFd0dEdzRkhPWWZFd1ZSNmU5bTc0Um1oaEZfYjdJV0pUN094c1c5SUlTTlVDdU9QSG0zcmVrLUx6RGoxR3FhMlNnZ3A4dFZlOWVKQ2tKT0pHOUxxVlhkUjNTSy1CRnhPVFVIeFNhbG11MUZGeWVVZ2FQM1hxcWdoNnZ4SDB2NERpQUJNYUJIN1JkQ0xaSllrVXNNSHVSYXdWUVp0SXRPTlotTWJ4c1Rzcw?oc=5) · InvestmentNews
- 2025-11-06 [This CD still offers 6% — and these 4 have APYs of 5% and up - MarketWatch](https://news.google.com/rss/articles/CBMioAFBVV95cUxQcnFCaG9PU3Q0bVhjY3dKbXRVd1JndTlHbThmeFBRZHFrdHNJWFRKZlpLZlNvTWZrTnYyek9TeHBmbnBlM0FSUzJqazdEQ1hsWVNfX0hyb0FKbXpfeXFSM3NjcXZYX1k1RHgtQTZ0T3BDVW02Yk9FY004U0hoNFdXeHVMdV8wc28xbVpxdmxoUGlzXzVuRHFPeTY5TE9lamtq?oc=5) · MarketWatch
- 2025-01-17 [Portsmouth's Lighthouse Credit Union building sold for $8.9M: Here's what is next - Seacoastonline.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxQaTJJczFsVDNyLTVaMFBNMmtvbGdlWThMNjZTTkFmQzJ1a2Y3NDZxcVowSjg3eXpRUVl0XzNmV2l6dmdiVC00WlZWaEtxOXc3OHJtSXVVRzNfeFhlV1ctYlo1eXRHNXZMZnVMY3V2NzdGd25pOGdQZzcyQW9lZmdLcHd5clBzR1ZlYzBZbFlBRVVuYlpqNEdBMkcxQnFMTjMwZ1k2bEJFRW5ENjRsdFVCWTdLVDNTVjJPVFNNWg?oc=5) · Seacoastonline.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24964 (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/4.json (key "24964", 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=24964
- 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