# MOBILOIL
Beaumont, TX · NCUA charter 491 · asset band $1-10B · latest filing 2022-09 · stopped filing after 2022-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mobiloil-491

Who the members are: federal charter, community charter, organized 1935, low-income designated. 73,171 members of 607,198 potential (12.1% of the field); checking penetration 75% (share draft accounts per 100 members); loans per 100 members 72.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $1.10B |
| Members | 73,171 (6.8% YoY) |
| Full-time staff | 254 |
| Net worth | $135.3M |
| Net worth ratio | 12.3% (p87 of band) |
| ROA (annualized) | 1.13% (p79 of band) |
| Total delinquency | 0.44% (p66 of band) |
| Net charge-offs (annualized) | 0.30% (p82 of band) |
| Loans / shares | 90% (p60 of band) |
| Cash / assets | 11.0% |
| Borrowings / assets | 6.18% |
| Net interest margin | 2.79% (p63 of band) |
| Operating expense / assets | 3.22% (p72 of band) |
| Vehicles % of loans | 48% (p83 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 65% |
| Third-party paper % of net worth | 190% (p58 of band) |
| Vehicle delinquency | 0.50% (p72 of band) |
| Vehicle NCO | 0.21% (p43 of band) |
| Repossessed % of vehicle book | 0.13% (p87 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 73% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 11% |
| Average share balance | $6,404 |
| Participations bought / yr | $13.4M |
| Participations sold / yr | $3.8M |
| Participations outstanding | – |
| Loans outstanding per 100 members | 72% |
| Loans granted per 100 members, annualized | 25% |
| Average loan balance | $14,950 |
| Loans granted, annualized | $326.1M |

## Flags firing in the latest filing

- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | leaning on borrowings |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 4 | net worth falling |  |
| 2017-06 | 3 |  | net worth falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 4 | net worth falling |  |
| 2018-03 | 3 |  | net worth falling |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 |  |  |
| 2020-03 | 5 | net worth falling, delinquency rising |  |
| 2020-06 | 4 | margin squeeze | loans>95% of shares, delinquency rising |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 | loans>95% of shares | margin squeeze |
| 2021-03 | 2 |  | loans>95% of shares |
| 2021-06 | 3 | delinquency 2x band |  |
| 2021-09 | 2 |  | delinquency 2x band |
| 2021-12 | 3 | loans>95% of shares |  |
| 2022-03 | 2 |  | loans>95% of shares |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |

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

- 2023-09-02 [Mobiloil Credit Union set to rebrand as Rave Financial - Port Arthur News](https://news.google.com/rss/articles/CBMijgFBVV95cUxNTGpyaFhmVGNDcEJMblUxdVpDZGdUV0pTbnU0OHdSV0lKUDNLQ3YwNkd4VXR5cmFjRV9pNUE2dFYzdmpZWHg5YVRidWh4MDRqZVRub3ZxYUF6Z1o5eTZSbHJpOFk5MXkxMXczNTFVWXZ5bmdUT0R4aldRZUhlQmpFQjI3Q1NSdGN4cEJwTlBB?oc=5) · Port Arthur News
- 2019-10-06 [Mobiloil Credit Union recognized as top credit union for employees - bluebonnetnews.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQc25Ua25Ddi1najFObFpDZ3E3SDc2NkFUMXNGX093UzdNbGxaUzlxNFhzQmd1LUh3ZWxNa0pQUENhOFJET1VLYVNEbmhBRlNYLU5ZYnI4S0Z3b3o1ZndjM3otbG11ak5FblFWZkRlNlNpbXRacmVCNldGbWdSYWFyN1E4YW56NVNsMzJ0Y2xhVzBVUEhOTFczbDZvS0RpSE03RFlzTm9RN3A?oc=5) · bluebonnetnews.com
- 2024-01-16 [Rave Financial bringing new credit union option to Conroe, Willis - Community Impact](https://news.google.com/rss/articles/CBMivAFBVV95cUxORmhNQlJxOUp4MXlFbTNPX1kwTHJ3dkRpOXVjSlltaVZLVE5zelN2NFl1eVByUjRydXI5cXdJWjZ2QWNadFk0aUhNY2U2SUYxN19PbGRHdzF6RUljSVJvdk5lTzlTWGozdFlqUVlleDU3UjlhSGlGejFFQUpOUkxyV2lnYnVaanJGaEFmZDItQnRfTUx5eEVMOHBnMEZrOEdnSDhNTnI2dDVIS2hEMWJnRUYxQXR3eDZnVDhlTQ?oc=5) · Community Impact
- 2021-09-03 [The Best Credit Unions to Work For with assets of more than $1 billion, 2021 - American Banker](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOSEZBU09YZVExcEcxNFVLVlozSDNPNS1zQlJlZGhrcWpCQ3VaVExpam5YaTA5NF8xNjFjZzNCRTNXSWpRajZ3RDc5V3NWbi0ydTVyZlM2UmcwSDlRNFYtSXowWGpiYndHeDdPMVJuajhlSHM1Q0ZSSUgwV01OMnduSVcwLTV1TU9qOWNJSkQwdmZVWmdBa0M5YXRIZVF4d0hMV3JKWURWWFo2SFJZakVvWnpvLUZ4eFZWYXdrN2dNUUI?oc=5) · American Banker
- 2021-11-04 [Former CP Chem Orange plant manager gets promotion - Beaumont Enterprise](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPcDh5SkppaTFFbDNTcjJWdjgyY2N5MnZOS09NS1I0ZEpGcGMzdl9BMWx2S21ZODA5VXJEWnFWalBOT0FyaTBNSGxPeVNlWGYyQWFRbmZESTJ5QXM2RWFGVWdLcDU0YjBaSEx4RzZNOTV4QmdrOXJnSi1SZTZJbm1PT3p1UXQ0VFpSZERn?oc=5) · Beaumont Enterprise
- 2021-08-25 [The Best Credit Unions to Work For, 2021 - American Banker](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNYlN2WjllenlDWUJrX2RSV3poQmstWjY5Nk5fdkZyenplUUJ5REZnQXd6ZnJUX2NqMWNjS3N2NmlDQ2VMZ25DbWdlcWRuekxwZHVUTkIycWJMQ3pTWExxU3NiN0hlMTlnUzJ5YkQxM3BLc052TTBKaUE4X3dHckJrMktRZ0NGMW1DbUZz?oc=5) · American Banker
- 2021-08-08 [Ronald Sciarrilla Obituary - Beaumont, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQWFlOUjBMYVNYWGd2QWxqQXljVlhvZG1pNXBnVU9HZUdKVFBNZTJDUlBGNmRGb3VYRXhtVm0tVm1aVnhYRnEyM044V29YX1hoY0piUWh3MDBwNG10MUhSUkd0S1k5cFlDMHQ0eTBCQ29uSVBXbkt6NTFGbU1GQ2gwbXhBS2dYY0ZD?oc=5) · Dignity Memorial
- 2017-10-26 [Credit unions recognized for growth in income, membership and more - American Banker](https://news.google.com/rss/articles/CBMitAFBVV95cUxOc2dtWnhaMWo0VjZKdG9rb0hwcm96dmZnRVlMenRnaWg2alBMeFkyYzFZR21wcmRhVmtfbVJFSzliazdpaGFWZVBlZEJDU3hMOUZVZUF6RnhIX05FQ0c1eFRUSUplbE1UVktDMGJIeGFnUmtUNWZ4X1Q4LUtJUEV6cmxyQWpLcWw5RXl0eGN3alBGb3JhMHhfVlFVb254TEd3SW1mVkY0SW1BUWtpLTc3ZXVhc1A?oc=5) · American Banker

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=491 (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/43.json (key "491", 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=491
- 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