# FLORIDA
Gainesville, FL · NCUA charter 60497 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/florida-60497

Who the members are: state charter, organized 1954, low-income designated. 180,764 members of 6,070,468 potential (3.0% of the field); checking penetration 73% (share draft accounts per 100 members); loans per 100 members 90.

**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 | $2.74B |
| Members | 180,764 (7.4% YoY) |
| Full-time staff | 321 |
| Net worth | $346.7M |
| Net worth ratio | 12.7% (p78 of band) |
| ROA (annualized) | 1.42% (p91 of band) |
| Total delinquency | 0.68% (p56 of band) |
| Net charge-offs (annualized) | 1.04% (p86 of band) |
| Loans / shares | 94% (p74 of band) |
| Cash / assets | 16.2% |
| Borrowings / assets | 1.46% |
| Net interest margin | 3.71% (p77 of band) |
| Operating expense / assets | 2.78% (p28 of band) |
| Vehicles % of loans | 59% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 266% (p79 of band) |
| Vehicle delinquency | 0.49% (p40 of band) |
| Vehicle NCO | 1.23% (p62 of band) |
| Repossessed % of vehicle book | 0.29% (p90 of band) |
| Real estate % of loans | 14% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 86% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 53% |
| Average share balance | $6,510 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 90% |
| Loans granted per 100 members, annualized | 34% |
| Average loan balance | $13,278 |
| Loans granted, annualized | $882.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $77.7M sold and retained. Sold in 6 and bought in 0 of the last 8 quarters. Shares 14.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **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 | 3 | expense trap, loans>95% of shares |  |
| 2016-09 | 2 |  | expense trap |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 3 | charge-offs p90 |  |
| 2018-06 | 3 | net worth falling | charge-offs p90 |
| 2018-09 | 2 |  | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 2 |  |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | charge-offs p90 |  |
| 2020-06 | 3 | net worth falling | loans>95% of shares |
| 2020-09 | 3 | loans>95% of shares | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 2 |  | loans>95% of shares |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 3 | delinquency rising |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | loans>95% of shares |  |
| 2023-03 | 2 |  | charge-offs p90, loans>95% of shares |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 | loans>95% of shares | delinquency rising |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 1 |  | loans>95% of shares |
| 2025-06 | 2 | loans>95% of shares |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 3 | net worth falling |  |
| 2026-03 | 2 |  | loans>95% of shares |

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

- 2026-06-22 [Florida Credit Union planning first Northeast Florida branch - Jacksonville Daily Record](https://news.google.com/rss/articles/CBMirgFBVV95cUxQSV81Y2JKWU96bkpZODJmWTBoNEhsd19GcVN2N2tZNGdkUXEzbWdtc3g4RWZGekptR3BrZzJReVdmcnRvODJSTFZJSUxpVndWcVFDUzRydEo3MU9US1QyaUQ5dFNGWXlNY182RDM4R2p0N0FxVWxBUm1idzduU2QtSVdmVV9SR21PT3NGYUwzUmRFVV9kYko2QW5VemQ3ZzRXV0d0aEdCRlRtdEhSaFE?oc=5) · Jacksonville Daily Record
- 2026-04-08 [Florida Credit Union opens new corporate headquarters in Gainesville - WCJB](https://news.google.com/rss/articles/CBMinwFBVV95cUxQU2JLLW1DdXBwak14ZHkxTFJwSmFIeWJGYzRxUjJ1UWZ3alRmbU82am5WaHQzeW5nY3RzelBCeDhvblBWVExkRUN4N2laZ3BQSDNScTBQWHBnVmhoeXVtWkJqR3h1ZVRSVGtBUW50NU1zdGlxMm1CeHZjRzVhSFdQaGZUSEpWVl84b1FWRlpmQzNoTlJreXRicmZwQUxjdXfSAbMBQVVfeXFMTlp5WGJ1R3JuUXJTaThoUlBhTWVJcmJILXA1YjNvYU9wT1QxeS1XSkJlem5JYTE2Ri1zZGNkMVdGU0M2eUp2eUNlOTlqZFFNYUtCWFJKLWlSMWN6TG53N0JGTmF3WVBUNlJ1bWw3UFZqTWhFUWxEOHljQVJuMHhDYWhzOGxmTnpXWmRzSWlLMTc5QjVIeVlSV1piUlpMVWRhcnlxSWROaDg0SWFUanMxRVhHelU?oc=5) · WCJB
- 2026-02-13 [Florida Credit Union Association honors Kevin Miller as 2025 Advocate of The Year - CUInsight](https://news.google.com/rss/articles/CBMivwFBVV95cUxQeHZaZGhzbVlYY25OY2l4OENlUVNXaGo0WVdxMDBwZ1liMGwwSHpXeld3Tl96eDk0OUEyWC1WNEtmTUxSYmRmZWxYUEVpUG1vNTR1bDZfVi1iQ2t6ZXpkd0I2ODg5TG9oQ0ZXdE8tMXFHMVA1LTVjVEU0MlJTRGF5dXlXbVhOZWVxWmppWjFQZG9Cdm5pOTRCVnB6S3hVVy10N29BSTZMdHlTWFQyWC02c0lSdDNNRkZFSjZNRUYyQQ?oc=5) · CUInsight
- 2026-02-02 [Florida credit union sues Fiserv, alleging lax cybersecurity - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxONXZsWGZKN0toU1dZTEpMRHZkbGZ4Vk0xWW9fUjJ3LWZkUHdkWHY1RXRXNHVDZG16SlI2NkxPWno2Q1hFcFQtVktxMWZKeDhDQjdpX2h1Z2ZzZWlvZnZVTXJxUFEwMHlkWVZpQ2xRRGZXSWlsazFZeHh0TEdraW10bGtKZk9haGhUbERwUTk1bnUtWmxZUlhYNlNzajZDdmk5STZiZmxad0xrTVVQV2hrTDJn?oc=5) · Banking Dive
- 2026-02-11 [Florida credit unions unite in Tallahassee to advance advocacy priorities - CUInsight](https://news.google.com/rss/articles/CBMitAFBVV95cUxOUTZ1ZlN6MzVBVVdJVng4a1o1MWFGSGpsTGNMMDJBTHk4R2h0cm4tWkJmWGpnMEFlVjZZamp4SjN6S3BWcEJDdGs4SlJDTTdSVEFPN3hPVXJ3RnFGdURmZmJvOVJQYjdYY1lKN1huclB0SzlHb2RUNHppdlJnZWo2TTRoaXdlLWkyY1JBQ2NsRTkyWkZyaEZNa1d0NmhIdEdybFlSU3NQSzV4UHBEdFpEbW9yelc?oc=5) · CUInsight
- 2025-11-19 [Florida credit union to buy Georgia bank - Banking Dive](https://news.google.com/rss/articles/CBMihAFBVV95cUxQZTNDNkZLY2FXVC1nOHV2UHVIMVZSYjA3TDE5RnFlVWFzd1ZtdFJQY1Z6X0dZMF9QNlNjWjhUSzJVeG9BalI0SXVDTXQ5Z215bVB1Ym9zX2lnNXVHc2NLbkpGako4YjJ1Q0YzZWpzMl9oYWFNUU9XV1lRS1FlVW9xUTlHdS0?oc=5) · Banking Dive
- 2026-03-01 [Meet Florida Credit Union/Star-Banner Amazing Teacher: Stephanie Brown - Ocala StarBanner](https://news.google.com/rss/articles/CBMi9wFBVV95cUxNbHBqcGJfTEhxSnNlcWJ5RXFSZlVob3dGeUVsdXpGYVJfcDFkcEl6TUdTbWRRNGFiTXpLcG0tYjFUVEJPc1dZa0h5NXFBSUhxaExWeVpJQ3VIeUxON1NVWWM4NndrcUpXRHg0TlRveG1rcUF4cTdvVk5wVVVYblg2SjcweFl4Y2NrQ3VUdDk3TFhNdzZSdjBTT3hHRjJ3clZ6YnM1bjlMSVBLU3dRSTBhSG4wUGx2U1dwTUVkQXNHcG9ubUg3NFJrV2paWFlGYXl6Z2psOTZWdUJKRVFxWXZxOVBfUTRtN2JEa05jd2tTNk9pUU9hRENF?oc=5) · Ocala StarBanner
- 2024-01-19 [Florida Credit Union to build new headquarters - Mainstreet Daily News Gainesville](https://news.google.com/rss/articles/CBMilgFBVV95cUxPbTkxM0FsT2djbXRfSk02MmFwV2lCcExUM2VpOE9NQk9MLTNmdjIxWktBb3RFZGttNW5IU1FqWmpuZHUzUzh2WVNoNUdGVlQ0aDBwV2FyWkdSUUo3czRNM1UyNkhuNXlUWXRacHBvZklDdURtVXFNdVc0TXlNMGItN0c2NHdxLXgtdmdBOVhqXzlQUmN3RHc?oc=5) · Mainstreet Daily News Gainesville

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60497 (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/17.json (key "60497", 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=60497
- 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