# IQ
Vancouver, WA · NCUA charter 60438 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/iq-60438

Who the members are: state charter, organized 1940. 105,204 members of 2,566,002 potential (4.1% of the field); checking penetration 83% (share draft accounts per 100 members); loans per 100 members 66.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $2.20B |
| Members | 105,204 (1.3% YoY) |
| Full-time staff | 298 |
| Net worth | $241.6M |
| Net worth ratio | 11.0% (p57 of band) |
| ROA (annualized) | 1.35% (p89 of band) |
| Total delinquency | 0.86% (p74 of band) |
| Net charge-offs (annualized) | 0.43% (p40 of band) |
| Loans / shares | 86% (p50 of band) |
| Cash / assets | 17.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.36% (p53 of band) |
| Operating expense / assets | 3.12% (p44 of band) |
| Vehicles % of loans | 23% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 88% |
| Third-party paper % of net worth | 195% (p66 of band) |
| Vehicle delinquency | 1.72% (p94 of band) |
| Vehicle NCO | 2.07% (p85 of band) |
| Repossessed % of vehicle book | 0.10% (p61 of band) |
| Real estate % of loans | 46% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 166% |
| Core shares % of member funds | 81% |
| Certificates % of member funds | 6% |
| Average share balance | $6,654 |
| Participations bought / yr | $129.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $267.2M |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $23,970 |
| Loans granted, annualized | $537.8M |

## Participation posture (from the same filings)

Bought $129.4M and sold $0 in the latest annualized quarter; $267.2M outstanding purchased (110.6% of net worth), $33.0M sold and retained. Sold in 7 and bought in 5 of the last 8 quarters. Shares 5.4% year over year.

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | thin capital |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | expense trap |  |
| 2018-06 | 1 |  | expense trap |
| 2018-09 | 2 | delinquency rising |  |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | thin capital |  |
| 2021-06 | 2 | delinquency rising | net worth falling, margin squeeze, thin capital |
| 2021-09 | 1 |  | delinquency rising |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | loans>95% of shares |  |
| 2022-12 | 2 | delinquency rising | loans>95% of shares |
| 2023-03 | 3 | thin capital |  |
| 2023-06 | 2 |  | thin capital |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | charge-offs p90 |  |
| 2024-03 | 1 |  | delinquency rising, charge-offs p90 |
| 2024-06 | 3 | delinquency rising, assets shrinking |  |
| 2024-09 | 1 |  | delinquency rising, assets shrinking |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2025-11-03 [2025 KGW Great Toy Drive is going on now! Help local families this holiday season - KGW](https://news.google.com/rss/articles/CBMijAJBVV95cUxQajdWYTg1ZnNZemVfb1FDQlpWNFkzSG45R2VZT0dFNEpJUW1ZS1pwZUg1cmxxMmY5RFlGQjJYR0liOWRFUko4TjB3cGxHb19aYktnNXBMZl9MSFIxU1dvN3RyNXFCOTQzUTRveFJ0eHY4dmt3RmRhNVF0bUJYYndHV0tjd0V3QzNLczRQaGZJTHNFLWFSTmFWSzV3cDJpaEs4Ukp0elB5UUJCeTNFb1IzXzBHQmVoWWpvNEZzcWtpay0yTmRMamJuWlpqRGNvOTI0SXJCa0ZDSjk2NDF1eFpQYWZvaUYxcmdDd3N3S3JKakhVMFhycUtWR0E0ZURkMk10WFI1emhyZFI1cWRp?oc=5) · KGW
- 2016-03-22 [Joshua Wilson Obituary (1979 - 2016) - Vancouver, WA - The Columbian Recent Obituaries](https://news.google.com/rss/articles/CBMilgFBVV95cUxQc1dYMThuZEMyQzEwWFd1cTBCT0x3TzJ5RmJfa1dPamFxU25fazg1MHdtNXVadmhzSUlPTjlxR3RVVkt6TGpwNHUxTUpjdEkzM2tXbkI1TGdYejZ4U285TWgwZWYxYVdKeVhRVU5MSnFiamlnTTZKbjNwU21GRmhEX2ZDSXFCeGhMdTB6UVdXWXRncVBwYlE?oc=5) · The Columbian Recent Obituaries
- 2025-01-31 [Serial bank robber arrested in Vancouver - KPTV](https://news.google.com/rss/articles/CBMiekFVX3lxTE5GM3hOeE9kckdNOGxzeG1fRjBTZ2M5Q2o5N2RmM2diYXpSb3ZoZmRHUmZQRWM5bXRoZ21XUkd1RDNLblFVM0JDOTBQVDhMU3lOVWFZeDVmOUtHSVN2REJUT2xjVXpzR3ppOFYtb2plQTV5RGhXQUxkVTV30gGOAUFVX3lxTE9YZWtrQzlPS3NWY21Uenc4MjFqMU9tTW1GaE95cDhPUTJqZDZkem5NQlVJVGVHbTl1WEMyYUF2SWZ3eVlHbm5UZEE5RXJOSmotZDNvR2hmbjBLUWp4ZC10MWw0YjZkVVNaUGpLSjRBcVRxdzMzR295UmZpbVV1Xy1BYTRSbF9YX011YVFUUnc?oc=5) · KPTV
- 2014-01-10 [Portland Police ask for help identifying 'Short Stack Bandit' - KATU](https://news.google.com/rss/articles/CBMikAFBVV95cUxQMFFoRXdlZjBpbUt4V0VqTDg1V0hiUy0yelVpYVk3TEx2YkN1eGZsZ0hZVi15Q29sRUh6WXUzUXJ4ZENEM1pfMWNWVVdwV1JIbEM1TlNPUVNEQ01mYjMtZDdZUFVzbGRvNndURUVKUFdUTHE3di01UFNxNUotRTF6THJPemRNV0ZTaUhRVXJlakw?oc=5) · KATU
- 2024-09-30 [Top Workplaces 2024: 48 midsize Oregon and SW Washington employers honored - oregonlive.com](https://news.google.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?oc=5) · oregonlive.com
- 2008-12-21 [Edward Blohm Obituary (2008) - Vancouver, WA - The Columbian Recent Obituaries](https://news.google.com/rss/articles/CBMilAFBVV95cUxOelpaZ24zckpPajRWcHlHUHNQSjgtMzJpTXRjQmd5eGI4V3dYZzZsaHd3OGtwYVpxd2V2ZHp1ZS1TaDFzUnJOcjBwTTVycXRpWHNqN09NZ2hYZ25Sd2RiUGE4T2NTcVFRSXRFaG9jbmZtbUQzUlhZaEVCdHdIcmx1SXc5bGc1cWR6YUJCR1hzOXBjNkdi?oc=5) · The Columbian Recent Obituaries
- 2022-09-22 [See 51 great midsize employers: Top Workplaces 2022 - oregonlive.com](https://news.google.com/rss/articles/CBMipwFBVV95cUxQdHZXVVpIWl9FSDFmNVJTVERaR1c5eHhTNXJSNi1zWEJEcTN4ek5BNi1rc2xIcXhleDBfQ1daVVl2TmtBdkNwQkZEUDhWQmJZaDVoZXpYVDRNYnA2YlFhdTU1a3pvbDd4Z2FpeHN3YUhnU2EzeDktcVdLeHoyLUp4VUlCQ3dSc2ZWU2JaeTk0bVY1bHoxXzZPLUtfVmxLa2N5dUdEalRjWQ?oc=5) · oregonlive.com
- 2016-09-27 [Laeth Alkhoraigi Obituary (2016) - Vancouver, WA - The Columbian Recent Obituaries](https://news.google.com/rss/articles/CBMimgFBVV95cUxOWmFjUGtPN1BfdzhFRmFCZ0h0RU9aelZxam5ndW00VTc3RDM2OEEtejRaQ3Fsc2U0cXNBdnNhY3o4UFhGZ1ZYamZRTkJzdzdKVDdQbjlKNzVWdm92VHpNdDh1RDJ0MTQzcGFyT00zc2lrTDFaa3hfcmdsZ1NwRmliUnNLdVNENE52dHE3VU9LXzNWTlVQczVXY2tn?oc=5) · The Columbian Recent Obituaries

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60438 (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/22.json (key "60438", 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=60438
- 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