# SOUTHWEST HERITAGE
Odessa, TX · NCUA charter 60533 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southwest-heritage-60533

Who the members are: state charter, organized 1949, low-income designated, minority depository institution. 13,108 members of 200,000 potential (6.5% of the field); checking penetration 67% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *ordinary*. 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 | $262.5M |
| Members | 13,108 (0.5% YoY) |
| Full-time staff | 67 |
| Net worth | $33.8M |
| Net worth ratio | 12.9% (p72 of band) |
| ROA (annualized) | 1.16% (p80 of band) |
| Total delinquency | 0.15% (p9 of band) |
| Net charge-offs (annualized) | 0.10% (p14 of band) |
| Loans / shares | 68% (p38 of band) |
| Cash / assets | 22.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.83% (p70 of band) |
| Operating expense / assets | 3.82% (p55 of band) |
| Vehicles % of loans | 53% (p84 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 15% |
| Third-party paper % of net worth | 36% (p36 of band) |
| Vehicle delinquency | 0.07% (p8 of band) |
| Vehicle NCO | 0.59% (p48 of band) |
| Repossessed % of vehicle book | 0.29% (p90 of band) |
| Real estate % of loans | 22% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 79% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 32% |
| Average share balance | $9,785 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $29,319 |
| Loans granted, annualized | $62.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $2.6M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 2.7% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | repo signal, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | delinquency 2x band |  |
| 2016-09 | 2 | leaning on borrowings | repo signal, delinquency 2x band |
| 2016-12 | 2 | repo signal | leaning on borrowings |
| 2017-03 | 3 | delinquency rising |  |
| 2017-06 | 3 | net worth falling | delinquency rising |
| 2017-09 | 4 | thin capital |  |
| 2017-12 | 3 |  | net worth falling |
| 2018-03 | 2 |  | repo signal |
| 2018-06 | 3 | net worth falling |  |
| 2018-09 | 1 |  | thin capital, net worth falling |
| 2018-12 | 4 | delinquency 2x band, delinquency rising, repo signal |  |
| 2019-03 | 3 |  | delinquency rising |
| 2019-06 | 2 |  | 3rd-party paper>100% NW |
| 2019-09 | 2 | members leaving | delinquency 2x band |
| 2019-12 | 1 |  | members leaving |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 4 | margin squeeze, delinquency 2x band, delinquency rising |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 |  | margin squeeze |
| 2021-09 | 1 |  | delinquency 2x band, delinquency rising |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 0 |  | repo signal, net worth falling |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 0 |  | delinquency rising |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | delinquency rising |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 1 | delinquency rising |  |
| 2025-12 | 2 | repo signal |  |
| 2026-03 | 0 |  | delinquency rising, repo signal |

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

- 2026-02-20 [Former Odessa loan officer expected to enter plea in credit union theft case - CBS7](https://news.google.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?oc=5) · CBS7
- 2025-02-05 [Loan officer charged with theft after allegedly stealing more than $300K in loans - Yourbasin](https://news.google.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?oc=5) · Yourbasin
- 2025-02-04 [Loan officer accused of bilking credit union out of $300,000-plus - Odessa American](https://news.google.com/rss/articles/CBMinAFBVV95cUxOTmQzMHBMeEpBZ0Y5MExoaDRBSml1MmZrSERlUWxUN3VkUnh0NlRfMXplTFFrZmNmR2FVNUlVaGNwMW1DX3BsZ0dZeGFkdUhlR1c0aVNqQmY1RUtMeWVxS0lmQWQ3ZHgzazQydTF3R0VMLXFmU2ZMdzVEeDdrUW1pTlFhd2pIOUNuNVZlY056V0R2SmFBeDduNHFnQk0?oc=5) · Odessa American
- 2019-12-09 [Dana Williams Obituary Dec 9, 2019 - Sunset Memorial Gardens & Funeral Home](https://news.google.com/rss/articles/CBMiY0FVX3lxTFAxbFBPeEZRVWFyMlFDWlJ3SE1EYm1qQVVwcG1ULV91d200S1RIOHdObnR2RjdzdHltY041NklzX3RDUHNrcG50NVExWm9MeVZWYUQwdHVaWUtucl9tRVFJWEpzSQ?oc=5) · Sunset Memorial Gardens & Funeral Home
- 2025-02-05 [Odessa loan officer arrested for thefts - CBS7](https://news.google.com/rss/articles/CBMigAFBVV95cUxQNzUwcll4akxJNnRzLWlxLTh1T0NEWGtmVjFQczFrRXgycXQ2Z1RINlhWcFBEYmktRHYyZ05FTU1EN0ZueEFraWZwckNZenc4MzRsN3FNazhkcUFrSEJLMlJPeFRRdjN6SUJPM09OWFlybTg4TldsZ0dwRG1hUXdwb9IBlAFBVV95cUxPNkE2LWkxODA3TVJYN3owanZNWnlxbFV6M0lka2VRTlMycEtzbjR0dzdlbkdDUWl1ZWoyc25xeTFEM2UzMnBkTC1DSmVKVk9PMjVsajRWZzdRbGFFRGlMSFJtU2kybGZ4SWcxMWdELVJMeGpCYWtiTUZjZC1URTZoU1E1cEVrVFNCMHFwN3VkNzBCM0F3?oc=5) · CBS7
- 2017-08-04 [Good Neighbors: Southwest Heritage raises money for Make-A-Wish with golf tournament - mrt.com](https://news.google.com/rss/articles/CBMinwFBVV95cUxPSVZkTE5hSDE5UWR4WmE3MG5lamNTV1N5NXZ2SVhCZGpvMUdPWGNiVFprdjNaNXMxZ1VUeldKQ2tqN3A3aFlIUW9MY1hDMnM4TTY0c3dLYjBlM1RIWXQ5TS1GM0xDbmVwX3BzUFNJOHJoWlhTc1BJMmNua3lRWFdCcF9ZVFRoT1VqS2tyWnp5V2k4aUJVWUhlVGFkLTRlZ3c?oc=5) · mrt.com
- 2024-09-23 [Google Wallet now supports 47 more US banks (and one new service) - Android Police](https://news.google.com/rss/articles/CBMilwFBVV95cUxPNlpuR1J6Q2JwOXFsMExVdW1KWXhaUk1CTXVpdk1vMndxbjBJNWw2TzEza1NPV2FDdE1KU3gwdEdIWjJYUWpQZzZpcXdYaThzZnhaXy1ZYUpINjZaTjhCb001aE9taVdtMklUMkZZVlB3WkFDOUUxNFdudncxX0NfaVNFZk5jR1I0VmlMZE1ka2JoQy1sYXlN?oc=5) · Android Police
- 2025-10-21 [Halloween in the Park - Odessa American](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBCWE91Y2l2dUFoQUZobkNYWFBPR2QwS3E0V1Q5dEN6YzV2NDZ3TlZ4YmczMEgxN2I2VXhmLTRJUFp1SVphUDlRN2FDSG51eFY5WHI5OUNYQkxjUlhrdFJ6YVZ0bkE?oc=5) · Odessa American

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60533 (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/53.json (key "60533", 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=60533
- 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