# WEST OAHU COMMUNITY
Waianae, HI · NCUA charter 5978 · asset band <$50M · latest filing 2018-03 · stopped filing after 2018-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/west-oahu-community-5978

Who the members are: federal charter, community charter, organized 1949, low-income designated. 4,512 members of 150,000 potential (3.0% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $35.8M |
| Members | 4,512 (-4.3% YoY) |
| Full-time staff | 10 |
| Net worth | $3.0M |
| Net worth ratio | 8.3% (p13 of band) |
| ROA (annualized) | -3.31% (p2 of band) |
| Total delinquency | 1.00% (p58 of band) |
| Net charge-offs (annualized) | 1.27% (p87 of band) |
| Loans / shares | 28% (p11 of band) |
| Cash / assets | 13.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.62% (p30 of band) |
| Operating expense / assets | 8.84% (p98 of band) |
| Vehicles % of loans | 42% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 70% |
| Third-party paper % of net worth | 91% (p96 of band) |
| Vehicle delinquency | 1.53% (p76 of band) |
| Vehicle NCO | 0.31% (p75 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 33% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 7% |
| Average share balance | $3,977 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $7,053 |
| Loans granted, annualized | $4.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | delinquency 2x band |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 | charge-offs p90 | delinquency 2x band |
| 2017-06 | 2 | assets shrinking, members leaving | charge-offs p90 |
| 2017-09 | 4 | delinquency 2x band, repo signal |  |
| 2017-12 | 5 | thin capital, losing money, margin squeeze | assets shrinking, delinquency 2x band |
| 2018-03 | 6 | net worth falling, expense trap, assets shrinking | repo signal, margin squeeze |

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

- 2025-06-23 [Keiki, Canine, and Kitty Fest brings animal joy to West Oahu - kitv.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxNc0NtU0tYaXcxZmE2djB6NGlKUE1FbTU1cVNhWS1ZcllzeHpUVlRCdEkzSU1SOEpNQ19VbzBOMXNaOXp0UUVIVUtndG1fbF9WMUFGcTJEblUtRDlOUEtvYU5YUTZPNW0yQ2lJSVZUckpNMk1fMXpXSExrdW5uSm95bC16Z2JLOXhJUm1VZjJiZVhBWndQS1d2ZHMzaU14SXRDU28yN3N5b0N5OUJQNW9Hei1EZnVsZ2lHOFBGMFA3QTZtZi15VHlkOFdSV1FwU0Jkc1Y2SWhWU0RSbWc?oc=5) · kitv.com
- 2016-08-13 [Budding Industry - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMiXEFVX3lxTE04dC0yNnk2WmVKVlNCbU5Ja2MxLUR3Z1BXMGc1R2NRNklYY2NVYm1ERnRObUdZdUVKa0dEVWJldWtodUhqWlllQURnMEpJS3FFNERGaGptRWxOZ0Ra?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

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5978 (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/26.json (key "5978", 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=5978
- 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