# BOARD OF WATER SUPPLY
Honolulu, HI · NCUA charter 2638 · asset band <$50M · latest filing 2016-09 · stopped filing after 2016-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/board-of-water-supply-2638

Who the members are: federal charter, service (single sponsor), organized 1938. 1,077 members of 1,600 potential (67.3% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 15.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $15.6M |
| Members | 1,077 (– YoY) |
| Full-time staff | 3 |
| Net worth | $3.0M |
| Net worth ratio | 19.2% (p83 of band) |
| ROA (annualized) | -0.40% (p14 of band) |
| Total delinquency | 0.77% (p47 of band) |
| Net charge-offs (annualized) | 0.07% (p35 of band) |
| Loans / shares | 27% (p10 of band) |
| Cash / assets | 42.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.87% (p10 of band) |
| Operating expense / assets | 2.85% (p35 of band) |
| Vehicles % of loans | 43% (p38 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 23% |
| Third-party paper % of net worth | 11% (p92 of band) |
| Vehicle delinquency | 0.43% (p46 of band) |
| Vehicle NCO | 0.18% (p61 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 27% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 99% |
| Certificates % of member funds | 0% |
| Average share balance | $9,830 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 15% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $21,089 |
| Loans granted, annualized | $322,283 |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | losing money |  |
| 2016-09 | 2 | net worth falling |  |

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

- 2025-10-09 [No pay on the way: Hawaii scrambles to support federal workers - KHON2](https://news.google.com/rss/articles/CBMimwFBVV95cUxPQ2daLVcwNHpId2VvWGlJUnF1d2NrQzc4RUFkQVNJNXdmQmNGRlpLN05iMUZUdnU1WjZzRE1jb2N3LUNLYXB4dE8zMGhTZVlQSVhLano0LVNYSXdOMTF0UnVHTmZBQTJxLUtETDRVUUNna2s5bnd5clBNWU9Zc1lJMDFmaFpkRzZRRzQtYWQ0cERUSXdXV05YXzhvUdIBoAFBVV95cUxQeEpQaXRyeFVvdEZsT0VvaUtRSnpsbkQ0b2hjTDE4eGZFYlFMUDlYcjBRNDZWbUVoSV9rSEZCalAxb1JIZVR5Z0lrMXBNanFhRGpKYjFYWGlUUkZfdDZ2VDg3ZXJOU0dKNVhxMnVGV2ljTmVXYkNDaEh3a0xiLVBsWHRZYXZ2NDJOR1kwYWw4NHFFbmhpZkhMc1FCQzV5c0tH?oc=5) · KHON2
- 2019-09-05 [Hawai‘i’s Most Profitable Companies - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMib0FVX3lxTE4xTzFIakRvSDMwaUREaG5kbzJUc0p2WW5qem9uajhxYl9Od2Y1UE01b1pPYTZjZ3E3aEF4dWpORWt6U2RfN256ZklTek91cHA0al9TSkpubUMxQzRRT0dHU1RaV2Q1WTVFSnBnSk54Zw?oc=5) · Hawaii Business Magazine
- 2016-06-29 [Maui’s first mayor is remembered as a visionary trailblazer - Honolulu Star-Advertiser](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOM25XdFZQSkljcTFSOWtxelh3MXcxZkNjaGhCaENHcTdiNVZ6a2twUnB0Qk05SXR0VnhaZUdTM19aT29TT0U2dzBmZGFWUlRkQkNiR2cweDdEVGp3b3c5RWMxTTVyUHU1X3VLdGpWeURVS1NibEV4aDZ3czY2X295T0VfTk9GQlRnZUFDRFZXVzcxNVhhYXNGN0xoREpuSHZuZmVUenMyTDlMM2Zia2d5d0ZRMktVV0JndW9xcmFpLVQyNkhnM3FQMUlCaGZmNzZ4VTgzbg?oc=5) · Honolulu Star-Advertiser
- 2017-09-27 [Hawaii’s Most Profitable Companies - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMidkFVX3lxTFAxbndrbFk5dnl2XzFfQktZdHVRVGtWd21waHIzaHYyVjVpVXJwRnV6UFlHS2Y0LUN6ZUFFQnFuTFJkWUFLQ1d3Y2VhQktEQlo3Q0oxZ080cjRLRTdKa2pvR2F4ZjM1ZnRxb3JCTjd0dWFwWVZlV3c?oc=5) · Hawaii Business Magazine
- 1999-07-02 [Honolulu Star-Bulletin News - Honolulu Star-Advertiser](https://news.google.com/rss/articles/CBMibEFVX3lxTFBtYnNUXzB4Z2piMC1JZm1kaHFGZzNpS3Z4SHpKdFdtVlRyU1NEN2FtTUR0UWxzRm13cWNjMFJhdnhxX19FRWZ1eXMyeUVfUWxiRnljMDFINWxCTW0wXzhOOU5RQXE4WmFvaTNYRA?oc=5) · Honolulu Star-Advertiser
- 2016-06-28 [Maui’s first mayor, Elmer Cravalho, dies - Honolulu Star-Advertiser](https://news.google.com/rss/articles/CBMimgFBVV95cUxQdlJrSm9zVmVDOHRac1B2aEFHX2pXTzZQNm50dUhmeEowVjNkeVB3SDN6T2ttRjNQNk9CSG4zSzBzdUd3MFNRYnhiX3U3U0t4SmJFU1ZEN2VrZUdXcXUxNkVEZk95NWhOSi1lcUpIRG9XZkR2WW05YjVRUjRVaTRFU3R1ejVJQ3NhY2FZZ2gxT2hOR1FSTWdyazJ3?oc=5) · Honolulu Star-Advertiser
- 2012-08-04 [Hawaii’s Most Profitable Companies 2012 - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMiekFVX3lxTE5QOXRtN0doQV9sMHBScUEyNTVaX0RoQTRfNnJEM2N6VDR4NFJtYVp4UWZwcnNNeFRyS0dPNUIwd1ZnNG9rV0pwVW1hZ0ZfNGdKbTRPSHVBYjlWSk1kZ1dvRHQtU3ZUcVJma1I2eWVGVW43YXc5S1lqWW5R?oc=5) · Hawaii Business Magazine
- 2019-12-02 [2019 Black Book: 339 Executives to Know - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMiW0FVX3lxTE5QTGhmWG91M2VmMmRhamNCNm5tNWxBbzBGMzZCMWlQdEkzWktJNGhqRE83YjU3RExRNDZ3VkctS1M0SXJZMm5YSVFTRjk4OVpaTHRzWHNYbDh0Zms?oc=5) · Hawaii Business Magazine

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=2638 (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/14.json (key "2638", 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=2638
- 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