# TAHQUAMENON AREA
Newberry, MI · NCUA charter 60423 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/tahquamenon-area-60423

Who the members are: state charter, organized 1955. 4,595 members of 13,500 potential (34.0% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $67.6M |
| Members | 4,595 (-2.3% YoY) |
| Full-time staff | 18 |
| Net worth | $8.2M |
| Net worth ratio | 12.2% (p42 of band) |
| ROA (annualized) | 0.22% (p23 of band) |
| Total delinquency | 1.19% (p77 of band) |
| Net charge-offs (annualized) | 0.37% (p62 of band) |
| Loans / shares | 43% (p18 of band) |
| Cash / assets | 7.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.04% (p19 of band) |
| Operating expense / assets | 4.01% (p66 of band) |
| Vehicles % of loans | 45% (p56 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 10% |
| Third-party paper % of net worth | 15% (p66 of band) |
| Vehicle delinquency | 1.64% (p85 of band) |
| Vehicle NCO | 0.53% (p67 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 25% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 77% |
| Certificates % of member funds | 13% |
| Average share balance | $6,192 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $10,659 |
| Loans granted, annualized | $8.3M |

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 2 | delinquency 2x band |  |
| 2016-09 | 2 | net worth falling | delinquency 2x band |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 1 |  |  |
| 2017-06 | 0 |  | losing money |
| 2017-09 | 0 |  |  |
| 2017-12 | 4 | delinquency 2x band, delinquency rising, assets shrinking, members leaving |  |
| 2018-03 | 3 |  | delinquency 2x band |
| 2018-06 | 4 | delinquency 2x band |  |
| 2018-09 | 2 |  | delinquency rising, delinquency 2x band |
| 2018-12 | 1 |  | assets shrinking |
| 2019-03 | 0 |  | members leaving |
| 2019-06 | 2 | net worth falling, delinquency 2x band |  |
| 2019-09 | 0 |  | net worth falling, delinquency 2x band |
| 2019-12 | 2 | delinquency 2x band, delinquency rising |  |
| 2020-03 | 2 | net worth falling | delinquency 2x band |
| 2020-06 | 1 |  | delinquency rising |
| 2020-09 | 2 | margin squeeze |  |
| 2020-12 | 2 | members leaving | net worth falling |
| 2021-03 | 2 |  |  |
| 2021-06 | 1 |  | margin squeeze |
| 2021-09 | 3 | delinquency 2x band, delinquency rising |  |
| 2021-12 | 1 |  | members leaving, delinquency 2x band |
| 2022-03 | 2 | delinquency 2x band |  |
| 2022-06 | 3 | members leaving |  |
| 2022-09 | 0 |  | delinquency rising, delinquency 2x band, members leaving |
| 2022-12 | 2 | assets shrinking, members leaving |  |
| 2023-03 | 1 |  | members leaving |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | net worth falling | assets shrinking |
| 2024-03 | 1 | delinquency rising | net worth falling |
| 2024-06 | 2 | delinquency 2x band |  |
| 2024-09 | 2 | members leaving | delinquency 2x band |
| 2024-12 | 4 | net worth falling, delinquency 2x band |  |
| 2025-03 | 3 | assets shrinking | delinquency rising, net worth falling |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 | delinquency rising | delinquency 2x band |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 0 |  | members leaving, assets shrinking |

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

- 2025-08-17 [James "Jim" D. Depew Obituary Aug 17, 2025 - Bowerman Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE5zY2FKUHhTWTNZZ05hYnItLXBONUZzQlBNb1FkU21FbXh3bWc2cVp6TW1rS045eVI2NmRzSEhxZmFyMWd4UUdMWmljenFoaW13bkZ5M252MmNndXVyeXlhdWVIVHNJR0JfTktvWjVXVQ?oc=5) · Bowerman Funeral Home
- 2026-03-31 [Jeffers competes in HS Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPNnF6bWZQRXRmVENQbTFLTFRMY2pFdjZuRWtacDdwTFhKY2tDVEFjeHZNcjE0SDlCVG1icW1BVHJRSzZKYTBPZ091LXdTRjNnVFdaakpYQXQzRmZCZ0NkSTlrX0xtNy1IZ3ZVRnVYemI1aHQ3UkhaNVZwTWRiSkhCSW1rcVE0RHE5?oc=5) · The Mining Gazette
- 2025-12-10 [Big Bay de Noc competes in High School Bowl - Pioneer Tribune](https://news.google.com/rss/articles/CBMijAFBVV95cUxPcEIzSXJNd0gycFhvSnlJUTI3T3R1eEZDVnYxVTNQNnRmUUgwM1liTkdnWU11MzJKN21rdHBXb0FZOWNKaFQzMlJpYWJRbE9GTXpSc2c0RjVOOUxPejlEMFFHOHNta2JQd1VwOEhDM3VmTVlac3hIMUhaQjVNb3B2ckh4OWhMSThIYmRUVw?oc=5) · Pioneer Tribune
- 2024-02-28 [Obituaries for the week of 02/28/2024 - The Newberry News](https://news.google.com/rss/articles/CBMiggFBVV95cUxPVkcxN2xfVlVyTFYybGRYQlU1YjhLd1d5SGRVWTA2TUpFVExiYmo2dW1fYTc2aHdGcnNSS0tWVS1sZ1VmWHN2WWZCZXByQ1Y1MDVhTzJaSDNzZHVpaFg0anZsSVp5UGdxZ1lKN0dnQTB0RVRkU1dqV190djk2cUxRVk93?oc=5) · The Newberry News
- 2023-08-07 [Arlene Hill Obituary (1930 - 2023) - Newberry, MI - MLive.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxOdnJna296MFJwREVBX3NJeEx0QlUxZE00dkdhcXRBb1p3VmZLaDlJYUdFNWRxWFRmanhkQUpJbk1Tcjg2eC0wQThlMUV0clA2NjRRZWRGR0JmNkJrUDI3eUlpbGRPTUxqMGhIWnNESHppa1pEUUx4TGpKUW5JV3dYTU9sQkFlWHV0UjZMN19HWkI?oc=5) · MLive.com
- 2026-03-03 [Jeffers Competes in High School Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNjktU2N4b1NIWFpfWld2b0ctemZsb3FUdm5EbEJnajlJQkdTYW9BSWlwSmp6M2p5d2JCTzdla0RPZ2xYT3kxWEE2d3k0Q3RLSWl6S2Z4SHpJNUxpaU1UR0FNOHY1cDY0UzVabk5hVUwxZ0dydi13Y21kUXZNM2Z1TUJqTlNreTVIb08wa29yXzNXdkxI?oc=5) · The Mining Gazette
- 2018-11-25 [Carney competes in HSB - ehextra.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxNc0dTWG4wb3MxaktJZVQ2TGtDZkp6aE5XQWFibDI5bm12NzE0NlFsaWlWcnlCTzIwY1J1VTBsSERYQlJtcDdrdmdyWmZhbHg2eEpYRXBTRXZXcGQtUzdYaEhKQWN4QjhwUVFhMTJ4XzhyTmFmVFdkcEZQWk45TjlrYVQ4enJtcEtCOFM1a2RFLXZiWG5Uc2dTQl90c1c?oc=5) · ehextra.com
- 2022-01-05 [Manistique Emeralds compete, win in High School Bowl tournament - Pioneer Tribune](https://news.google.com/rss/articles/CBMipgFBVV95cUxPUDVLTnJqYUVKRW5XdVo0TGkxc0VHNzFnbUpONW9kQUM5OWlJMkxMLWk1eDFsVm1uWDEyV1JOV1Y0VVZ3V0E0X0RfNXZmSjFocUhtZm1GT3FFWmtTZG9GakZiaWVCS2J1NTktTG1mWG4tTDhnRlB3N0ZGT2k2em4wM3pJWjFnOVRTVUtFNVE4ZXpFT2hydzNvTHFaQXlRTjdhX0xPS1h3?oc=5) · Pioneer Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60423 (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/7.json (key "60423", 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=60423
- 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