# SABINE
Orange, TX · NCUA charter 5866 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sabine-5866

Who the members are: federal charter, community charter, organized 1948, low-income designated. 12,874 members of 40,000 potential (32.2% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 62.

**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 | $238.0M |
| Members | 12,874 (-3.1% YoY) |
| Full-time staff | 58 |
| Net worth | $28.8M |
| Net worth ratio | 12.1% (p61 of band) |
| ROA (annualized) | 0.17% (p14 of band) |
| Total delinquency | 0.64% (p53 of band) |
| Net charge-offs (annualized) | 0.21% (p29 of band) |
| Loans / shares | 70% (p42 of band) |
| Cash / assets | 10.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.32% (p34 of band) |
| Operating expense / assets | 4.24% (p72 of band) |
| Vehicles % of loans | 35% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 61% |
| Third-party paper % of net worth | 107% (p59 of band) |
| Vehicle delinquency | 0.59% (p52 of band) |
| Vehicle NCO | 0.24% (p24 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 78% |
| Certificates % of member funds | 18% |
| Average share balance | $9,523 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $18,286 |
| Loans granted, annualized | $52.2M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | net worth falling |  |
| 2018-03 | 2 | delinquency rising | net worth falling |
| 2018-06 | 1 |  | delinquency rising |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | assets shrinking |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 1 |  | assets shrinking |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 2 | net worth falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 2 | delinquency rising |  |
| 2021-12 | 1 |  | delinquency rising |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | delinquency rising |  |
| 2022-09 | 2 | members leaving | delinquency rising |
| 2022-12 | 2 | delinquency rising | members leaving |
| 2023-03 | 1 |  | delinquency rising |
| 2023-06 | 2 | assets shrinking |  |
| 2023-09 | 1 |  | assets shrinking |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 2 | delinquency rising |  |
| 2024-09 | 3 | members leaving |  |
| 2024-12 | 3 |  |  |
| 2025-03 | 3 |  |  |
| 2025-06 | 4 | net worth falling |  |
| 2025-09 | 1 |  | delinquency rising, members leaving, net worth falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | members leaving |  |

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

- 2024-05-01 [Houston area-based TDECU to buy Louisiana bank - Banking Dive](https://news.google.com/rss/articles/CBMipwFBVV95cUxNc3Q3UXAwQ0VkRUFHWHBGYWs4NU15dTBlQktHN2dtaVJQZ3VJVFozNk9qS216Vm0zU1BEVnRWQ1pXRWpyRVI0anNnTzBzdnJnbklod3A4NDFFV1hqNC11cFIzTUJZV2t1SDV1SDFaU09neXZfRHVpQmI5QllMTEhpRlFLOFZlc1dMaFJ5MkxTdjhVQS1xS2hqVF9hSDA2QlBQX2k5MXhJUQ?oc=5) · Banking Dive
- 2025-11-25 [Former ‘Lone Star Law’ game warden faces additional charges in East Texas credit case - 12newsnow.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPM2tfRkFJb0pqaHRIUzBIQWx2TW1vQnNVekNVeHBGZGFLaXVWdHRkZndNbjJyR2pJOFd1eG8tV1I5Q1hzNGxhYWZxNHNoOU8zX19pVHhoWENQNmp4bjh4WnhaSm1peHNNSjRhZDdiVEtBLU82cVRKWl9VeE1ZeEkzUFlFRGxqX3AySnFwQ2plZml3UnJLQVJxLUdQRWFQV3JjcmJ2TmhyWXdTNkhEXzBscW1PSXFWazdOY2t0NmFhMlpPWHp4QmZ3N0MyWnBSTFNzdjBsel9KX2NpUEE?oc=5) · 12newsnow.com
- 2025-11-25 [BREAKING: New grand jury indictments against former 'Lone Star Law' game warden - kfdm.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQNThKTW50Y3lKTmNMRGNOemo0WmZQMjNWOXhwTllUSW4wTk1tVzRuZ1VSTDdzQXczM2szWHp3WWd1TGlHR0xkTFMwWXg4c3h5Z1VtRlhJbk5IcDNudkRndTYwR3h4amFkbm80WjZ0UEZfR3hqWElZeW1vOGxzQ29CeVNrbHhMYlNDUnQwRHZaYUNMZnBkTjZCVXNLNkctLXZOR1BiTm9Scw?oc=5) · kfdm.com
- 2025-06-04 [Texas Dow Employees Credit Union Terminates Acquisition of Sabine State Bank - westcentralsbest.com](https://news.google.com/rss/articles/CBMikgJBVV95cUxQV0Frd2hORTNWVFlGVkREZDJidzlZbVF4dktCY0pHVy1iRjVqeHAxaVpmWVVIcWo0THFkRjVlWnRlMHVWNTJ5R0Y5XzZFTU9fWExKeEN0S2ZXLUZ3U3BLXzFpcE1zamtHZHU2NnNuNlpkMkRDSGF5dEVHTk1zTmtDcldhUlJTWE9lMGttV18yYXczeHFjUTF1b1JZdHN0R2JHZ1lwVEV2ZnZLTS11RnhvTjVaNnZnblRIRUFUcHNKVC1ZeTNTODlES2lUVzl4RmxObGZJazFaVWtQWHpNZmhsTzA0dHpOWXFGY1EtR3JybkNaRDV6aldYY3dNVFdtQ0N5WHViV1QxNkZJLWFRc2tFS1Nn?oc=5) · westcentralsbest.com
- 2025-11-28 [More charges brought against former Jasper Game Warden Justin Eddins - KJAS.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxPNFVhdlBkN0dVRXhqRV95MWhPOG1KN19MRjZhUXZ2X24zU0JlNkJaUVVpMXA0dFNhc0Q0T1dlM0RuWnJVai1ScXNGZGlmQUF2bExmdFR2eUpIYWJsdUxIa2pyYlFGMEltS1ZkSi1oZmFPOGdFRzZxTzQ3RzUxS2ppdVRReHZwSm02aEc5Yi1Lcw?oc=5) · KJAS.com
- 2024-05-02 [TDECU To Buy $1.2-Billion Bank - cutoday.info](https://news.google.com/rss/articles/CBMidEFVX3lxTE8zQXVDeklxQWxqQzRUc0U1T0dtcDRTSWc2ejRRWF9BTTQyZXE2aWRVZmN2SnhhZk12QzRyMklPTC03eFZPV0hhOGVRV3diUUdNcDZnNkRKYW1WNDBsclFSY1MyekdrWXpNamozallVYlFwaUlU?oc=5) · cutoday.info
- 2025-07-01 [Sabine County woman pleads guilty to embezzling from her credit union employer - KTRE](https://news.google.com/rss/articles/CBMiYkFVX3lxTE8tQTU0V3ZfVnp2NXMxc2toc2ZFTzM1emhzYkNWNEh4cXEzWUozdTV2TmhhUnB2UU5PRkxrdmw3Skh0d1I0YXVhZ3lmX05IQUJYek9tWHdzdkk2bjFyLWZDeFB30gF2QVVfeXFMTXFCb3VoeHRqQzhpXy1RbVhBYlYzZ0dhUnU5M2Y2RlU2WWNNVF93cTBCbTd0b0JERzNndmhGWFY0dDY5OXd3UmViOEZSZTdtcjdnb09rMUJvNkhUcGtqTkNEb050dFdwWDNySy1BU3RJWDBsTFRiQQ?oc=5) · KTRE
- 2024-04-30 [TDECU to acquire Louisiana-based Sabine State Bank and Trust - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxPekJYT1pnT3ZEZlhRRlNjTlhmLUxNNzdCUkVTUndUTy1BbndGcGRFbk9PdkFITjZIaHVPM0JwRGpTd1c0THB3bUVmQkFKcjl4TjQ1eDFBYzA1MmJHLVFGNzJ4QmktdmNPazF2Yjl6RjVRYkN1amxnNGVGQlYwN0Y2TG1YU0NsLXZOTTlzVldQQXFjREFadXRKTF8yd3Rrek9FMVcw?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5866 (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/42.json (key "5866", 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=5866
- 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