# LOWLAND
Morristown, TN · NCUA charter 60527 · asset band $100-200M · latest filing 2024-03 · stopped filing after 2024-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/lowland-60527

Who the members are: state charter, organized 1953, low-income designated. 10,217 members of 194,187 potential (5.3% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *stressed*. Composite score 12 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $143.3M |
| Members | 10,217 (-7.6% YoY) |
| Full-time staff | 32 |
| Net worth | $9.6M |
| Net worth ratio | 6.7% (p1 of band) |
| ROA (annualized) | -0.73% (p4 of band) |
| Total delinquency | 1.04% (p81 of band) |
| Net charge-offs (annualized) | 1.11% (p92 of band) |
| Loans / shares | 46% (p11 of band) |
| Cash / assets | 27.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.82% (p23 of band) |
| Operating expense / assets | 4.11% (p74 of band) |
| Vehicles % of loans | 73% (p93 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 68% |
| Third-party paper % of net worth | 340% (p94 of band) |
| Vehicle delinquency | 0.52% (p55 of band) |
| Vehicle NCO | 1.31% (p89 of band) |
| Repossessed % of vehicle book | 0.19% (p86 of band) |
| Real estate % of loans | 12% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 33% |
| Average share balance | $7,021 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 27% |
| Average loan balance | $11,173 |
| Loans granted, annualized | $8.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | losing money |  |
| 2016-09 | 4 | thin capital, net worth falling, 3rd-party paper>100% NW |  |
| 2016-12 | 2 |  | thin capital, net worth falling |
| 2017-03 | 3 | thin capital, auto monoline | losing money |
| 2017-06 | 4 | net worth falling |  |
| 2017-09 | 3 |  | net worth falling |
| 2017-12 | 4 | delinquency rising |  |
| 2018-03 | 6 | net worth falling, losing money |  |
| 2018-06 | 6 |  |  |
| 2018-09 | 4 |  | delinquency rising, net worth falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 5 | charge-offs p90, members leaving | losing money |
| 2019-06 | 4 |  | charge-offs p90 |
| 2019-09 | 4 |  |  |
| 2019-12 | 4 |  |  |
| 2020-03 | 5 | net worth falling |  |
| 2020-06 | 5 |  |  |
| 2020-09 | 3 |  | members leaving, net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 5 | net worth falling, delinquency rising |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 5 |  |  |
| 2021-12 | 8 | capital below 7%, repo signal |  |
| 2022-03 | 7 |  | repo signal |
| 2022-06 | 7 | charge-offs p90, repo signal, members leaving | net worth falling, capital below 7% |
| 2022-09 | 6 | delinquency 2x band | charge-offs p90, members leaving |
| 2022-12 | 5 | charge-offs p90 | delinquency rising, delinquency 2x band |
| 2023-03 | 7 | losing money, members leaving, loan book shrinking | repo signal |
| 2023-06 | 8 | repo signal |  |
| 2023-09 | 7 |  | repo signal |
| 2023-12 | 7 |  |  |
| 2024-03 | 12 | capital below 7%, margin squeeze, delinquency 2x band, delinquency rising |  |

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

- 2024-05-11 [Lowland Credit Union merges with ORNL Federal Credit Union - The Newport Plain Talk](https://news.google.com/rss/articles/CBMikAFBVV95cUxOdVhGTWVETXBiMmZLY21pWm43NDd1SC1BcE1XLWhiWDlhajlEcFhCVlBWTzlzZ3BiWDZ1WjJlYmNfMmI1V2ZPNTM4ODQtcmtMLTZEazdIRHlsT0xBZEd3WUgzVkV6bGQ0MWtVRVpUNzFuUjhTeFk2R21EQ21uX1pwSXI4SXp1S2FCN1ZfbVg5WlA?oc=5) · The Newport Plain Talk
- 2024-01-31 [ORNL FCU announces merger with Lowland - Oak Ridger](https://news.google.com/rss/articles/CBMipgFBVV95cUxNR08yY2tCQU45ZE1hOVAxYmptNnNkelZEcFVMaVdjNXJLLXdMcW9NTDE4c09ubUtFbWg2TzhURzNKTG41SDN5LW9UUkxnV21aTTNqTUVReFR1aHN5amVOSEo2OHo2b1lFdzZNbkdsUGFnVy1NN2d6M0toQmJSSEJDMlVwX3hWWlRnRzJrenlGM1BIN2QxdzBuOXpDZ3N4aXgwVEdJekd3?oc=5) · Oak Ridger
- 2024-12-07 [ORNL Federal Credit Union to build new branch in Newport - The Newport Plain Talk](https://news.google.com/rss/articles/CBMikAFBVV95cUxNVFdxOUtjeHR3aVNSOThGYUxJYkNCanIxbXJTYnFTWVpVaWlWYTlzSnJQZURMWldFM2hWUjloRERUTEhEcHl3X3lnUWM3TFB0cGN5bDU3SXE5RWIzbXVnYm9jTElIOFJRWTc3YzNZalA0TFl2d1o5emY3SlpaMHExTU8wTUY4V2NKV25iOWVST2c?oc=5) · The Newport Plain Talk
- 2024-11-20 [ORNL FCU to demolish, construct a new branch in Newport - Oak Ridger](https://news.google.com/rss/articles/CBMiuwFBVV95cUxOZjZONUR3enFjc2NaQ0dQOVdQWElxYy1SeFZFd1hRaC1Tb25hQTJOSjRSOWNtU19LbXhVa1U5TzBjMFFjLXlTenBjR2ktVzdfZko1d2JiRmpRaUR3RXBfUWJEWGpvVmg1XzBpeVNmUGFKdGtWZFk4YmRQeV9KMGF2YVNDa0Q1eUxvYmNKZmxKbmFaa3BmVUdoR2pBWXpiQVJLZ3dYemxldVZ5TW5uMk05ZGFsRzA5V1FJVEpR?oc=5) · Oak Ridger
- 2019-10-05 [Michalla Danielle Sisson Obituary Oct 5, 2019 - Farrar Funeral Home](https://news.google.com/rss/articles/CBMibEFVX3lxTE1xOGlsSVVGNklVdExyS1lzVTNIdF9zOExhSUVHX1NCVlRKT2R4ZTY4SndjTmxOd1JmdV9WWGk4ckktcTYyNzNJZWZreXpBSDd2bXlBRDlpMm45WG1EOFhMdERwckNJaGZrSXFMUA?oc=5) · Farrar Funeral Home
- 2024-01-27 [ORNL, Lowland credit unions planning merger - The Newport Plain Talk](https://news.google.com/rss/articles/CBMiowFBVV95cUxNSGZmeklxeVpFbkxlOU51T2l2bUs2c2lJUnh3SnJIS1B1bjd0WkU0YnZtR1JnNVhKTmZBU2JhYWxtX1NPcHYwRUtZbV9yRS1KbnRrT25FbXUzZWhNSkdEZkFiQzBOUDRVUXNzTkdaUi04WjY2dmx1WU9Rb3gyXzc3b2djMnpvaUdYNFdiSmRFQUF5eUJ4VUdfTENCdnU2Rm0wRlBz?oc=5) · The Newport Plain Talk
- 2023-04-12 [Maude Arwood Obituary Jun 6, 2012 - Farrar Funeral Home](https://news.google.com/rss/articles/CBMiaEFVX3lxTE14SzRtMUJoU0JVc21aLWUzajlFd09NZ2E3bGhDQll4OUhjZFRoUnp6QWxfX19DbHZDeGRiTTMyc3dnRWF0aWpxWXFIeHhURTc3eXkzQlkzcVRTT29QbkY5VDlVUXNUVG5K?oc=5) · Farrar Funeral Home
- 2014-10-21 [Lowland Credit Union in new home - The Newport Plain Talk](https://news.google.com/rss/articles/CBMikAFBVV95cUxOdzdULXh1Q0pVZkNyQlctaU9xSlQyMV9SejJzS3pyYVhYdnFPeTAtUkpoS2tneXpQa3gwMXdYZDF3S0JQc1ZMTDlpcnFpRUhpZFJHejQxZ2h3aEthTFZsdnhtS0tLU1V6ZmJBQ25zSkxJVUMwTTBrYzBCdmxBelpURjQwa0taRWRfMFhMUlk2aHQ?oc=5) · The Newport Plain Talk

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60527 (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/47.json (key "60527", 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=60527
- 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