# PORT CITY
MUSKEGON, MI · NCUA charter 5116 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/port-city-5116

Who the members are: federal charter, community charter, organized 1944, low-income designated. 2,664 members of 89,500 potential (3.0% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 31.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $42.8M |
| Members | 2,664 (-2.2% YoY) |
| Full-time staff | 6 |
| Net worth | $5.0M |
| Net worth ratio | 11.7% (p28 of band) |
| ROA (annualized) | 0.37% (p40 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | -0.06% (p13 of band) |
| Loans / shares | 39% (p22 of band) |
| Cash / assets | 64.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.60% (p10 of band) |
| Operating expense / assets | 2.83% (p28 of band) |
| Vehicles % of loans | 39% (p25 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 24% |
| Average share balance | $6,633 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $17,739 |
| Loans granted, annualized | $3.1M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | delinquency rising |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 0 |  | delinquency rising |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | delinquency rising |  |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 | losing money | delinquency rising, net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 0 |  | losing money |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 2 | net worth falling, margin squeeze |  |
| 2021-06 | 2 | delinquency rising | margin squeeze |
| 2021-09 | 1 |  | delinquency rising |
| 2021-12 | 0 |  | net worth falling |
| 2022-03 | 1 | delinquency rising |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | members leaving |  |
| 2023-03 | 1 |  | members leaving |
| 2023-06 | 0 |  | delinquency rising |
| 2023-09 | 2 | assets shrinking, members leaving |  |
| 2023-12 | 0 |  | assets shrinking, members leaving |
| 2024-03 | 1 | net worth falling |  |
| 2024-06 | 0 |  | net worth falling |
| 2024-09 | 1 | delinquency rising |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | members leaving |  |
| 2025-06 | 1 |  | members leaving |
| 2025-09 | 1 | members leaving | delinquency rising |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 | net worth falling | members leaving |

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

- 2025-11-03 [Muskegon credit union opens food pantry amid pause in SNAP benefits - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2026-06-04 [Red Hot Best Winners 2026: The Best of Northern Michigan - mynorth.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTE1zZUVoWnQxTkFONmtoN09SVG1oVFR0OTFpZ1dqdkpPbDRZVE5xOFRFX2VDcy1mUDZCZzJNeFRYR0ZpdmpBTGhTeTY4Nlk0RlRPdzFJMjA4Mk0yLWxPb21INTlR?oc=5) · mynorth.com
- 2026-03-16 [Weather closes northern Michigan businesses March 16 - Manistee News Advocate](https://news.google.com/rss/articles/CBMimAFBVV95cUxNYVo3NkJGVjRCTkUtQ21CWktOWmY2Z0VZSlJ5cmdyUFJ5MlpkS2dVR0FOeDZ5aFlaTFNXa3dSS0d0RnpFdXF2VTZubkFBZVBQVFFGYTlwMy10MnR0OWZqMGQ0QXVONEFNT3RfSTExT1pVaVItVmhfN3p4OV8xXzhJU3VuOTB6Z0RfbWV2ODd0YVpYbElLT0xFRw?oc=5) · Manistee News Advocate
- 2025-05-09 [Christine (Chris) Kirk Knight, 92 - Port City Daily](https://news.google.com/rss/articles/CBMif0FVX3lxTFBFY1ZzMnhmR2J1NTE4czlhbi1Za3FVcm55RU53XzlVb2Y0WV9kTUs5elpmNV96X1VEMlpBSHpkanRtTWtNb09wMWQxcUlqMDYyS3RHQlZhcXIxWFROTzJfVDl5SU5hRHlhclZyWWI4UjdvQUM1bFVfRkR4YWdKRlE?oc=5) · Port City Daily
- 2023-05-31 [Red Hot Best Winners 2023: The Best of Northern Michigan - mynorth.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQcVcycmhYVUxqMlR1QzZ6UnlRQy1jbFRFUlFpNGd1d2x6cWZNUUdGUkpkakZRLUJmZHZQSEJNTy1CV0tZeTN2dFcxUTRhbEdTeU5QSzZPN3JIMUJPQU1vcEo5MFgzcGdaLVQxUVRoV0hrU3kwLThseFNXRzk0S1ViMDRkSG4xWl9pTGFrdg?oc=5) · mynorth.com
- 2022-06-03 [Red Hot Best Winners 2022: The Best of Northern Michigan - mynorth.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxOZHBGdnJMLXFSQVdaZzFIakUtVW9Qc013aE9mWTBqbU5vdDhhZl9WOE5ESTNLVjA3bnBBZ1Jac3kzMXVObDN6dU9pYXd2Y3E1dmtweHB1ZGNFNlV2Vk5ZX1RjWWxaRkR2M09Yc05PVTdVYmpZZWdrY01BQkJva1dPRWM4UDF2MV9EZ04tUA?oc=5) · mynorth.com
- 2019-04-25 [Downtown Muskegon townhomes near completion after 11 years - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2024-06-01 [Red Hot Best Winners 2024: The Best of Northern Michigan - mynorth.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxNVjBPdGQ1dmh3VzBTaFpWdkc5MmQwQ2s2V0VCTl92QnZtQ0ZHX3J5NU84TUtlbEFSRzZHb2dSaFBRTVNmTDFObTlOS2Z6TlRVd0JzM18zcUp0Rk96VmNibVk0RGt5cnozMWV2VThabHZlQ0Y0all3a0NId1lJUzdVbUVqU214X2tWXzdRSA?oc=5) · mynorth.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5116 (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/60.json (key "5116", 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=5116
- 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