# BEACON
La Porte, TX · NCUA charter 6062 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/beacon-6062

Who the members are: federal charter, community charter, organized 1949. 14,204 members of 511,823 potential (2.8% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *participation buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $209.1M |
| Members | 14,204 (-3.1% YoY) |
| Full-time staff | 45 |
| Net worth | $17.8M |
| Net worth ratio | 8.5% (p7 of band) |
| ROA (annualized) | 0.06% (p9 of band) |
| Total delinquency | 0.23% (p14 of band) |
| Net charge-offs (annualized) | 0.51% (p63 of band) |
| Loans / shares | 51% (p8 of band) |
| Cash / assets | 19.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.41% (p39 of band) |
| Operating expense / assets | 4.38% (p79 of band) |
| Vehicles % of loans | 57% (p90 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 34% |
| Third-party paper % of net worth | 155% (p72 of band) |
| Vehicle delinquency | 0.31% (p28 of band) |
| Vehicle NCO | 0.74% (p56 of band) |
| Repossessed % of vehicle book | 0.24% (p87 of band) |
| Real estate % of loans | 30% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 19% |
| Average share balance | $7,543 |
| Participations bought / yr | $8.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $8.7M |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $18,003 |
| Loans granted, annualized | $49.9M |

## Participation posture (from the same filings)

Bought $8.0M and sold $0 in the latest annualized quarter; $8.7M outstanding purchased (48.7% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares -1.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, expense trap |  |
| 2016-06 | 2 |  | losing money |
| 2016-09 | 3 | losing money |  |
| 2016-12 | 4 | net worth falling |  |
| 2017-03 | 4 | charge-offs p90 | expense trap |
| 2017-06 | 3 |  | net worth falling |
| 2017-09 | 1 |  | losing money, charge-offs p90 |
| 2017-12 | 2 | net worth falling |  |
| 2018-03 | 5 | capital below 7%, auto monoline |  |
| 2018-06 | 2 |  | net worth falling, capital below 7% |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | delinquency rising |  |
| 2019-06 | 2 |  | delinquency rising |
| 2019-09 | 3 | delinquency rising |  |
| 2019-12 | 2 |  | delinquency rising |
| 2020-03 | 3 | 3rd-party paper>100% NW |  |
| 2020-06 | 7 | net worth falling, losing money, margin squeeze, delinquency rising |  |
| 2020-09 | 4 |  | net worth falling, losing money, delinquency rising |
| 2020-12 | 4 |  |  |
| 2021-03 | 7 | capital below 7%, net worth falling |  |
| 2021-06 | 4 | members leaving | margin squeeze, capital below 7%, net worth falling |
| 2021-09 | 3 |  | members leaving |
| 2021-12 | 6 | capital below 7%, delinquency rising |  |
| 2022-03 | 4 |  | capital below 7% |
| 2022-06 | 4 |  |  |
| 2022-09 | 4 | members leaving | delinquency rising |
| 2022-12 | 5 | assets shrinking |  |
| 2023-03 | 4 |  | assets shrinking |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | members leaving |
| 2023-12 | 4 | delinquency rising |  |
| 2024-03 | 5 | net worth falling |  |
| 2024-06 | 3 |  | auto monoline, net worth falling |
| 2024-09 | 2 |  | delinquency rising |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 3 | members leaving |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 4 | delinquency rising |  |
| 2026-03 | 3 |  | delinquency rising |

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

- 2025-12-16 [America’s Best Regional Banks & Credit Unions 2026 - Newsweek Rankings](https://news.google.com/rss/articles/CBMigwFBVV95cUxNblc5ZFlRYURwTFhWdFZZX3o2ODdLSlJKYjRBaHBlU1pfRVgtT2lOVnc1djFlQXlxUzVkZl9MN2dqWjB2OGs5Um51RUhzb2JId3ZraHkwTnJYa19NOG1PWFdraDlFd1E2Y1FhbWg0UjZzM3V2Ry1fYndBN0RSUU01R1ZiTQ?oc=5) · Newsweek Rankings
- 2026-04-16 [Tedeschi Trucks Band Setlist: Get Ready for Future Soul 2026 Tour - Ticketmaster Blog](https://news.google.com/rss/articles/CBMieEFVX3lxTFBveDM0OU9vRElrdFFNT0ZQVGk0dEhNSXl3dFJ5SW5idF9JdHZQRDUwUDBTLTJzSUpVMk5HREt2N29odmczb2ZmRDJsdzdWNEVvclAzQjFhNmVKUUZLUkZLZzlMUW1LQ2R3cFBLM0tabVhrazV3MjFiRg?oc=5) · Ticketmaster Blog
- 2026-02-20 [Tedeschi Trucks Band reveals "Who Am I" from upcoming album - Blues Rock Review](https://news.google.com/rss/articles/CBMinwFBVV95cUxNRloxaDM0Wm12QXBqc0ZoZHc2YmIxcFllNHROaV9yVU1IcUlEQjRUUHQxdDBIdF95Vk1WOWsxemNtZVdhRmgtSWFDRmYtNTNXeThEWWlpMUJldGV3T2ZPbWVjdHpiaUpSVy15MVEwQlNBRDBtQU1iRENDVHQ1eGVCbmNnRTgzYnZyWlMyT1Nqb0hZMGdySUx4X0xmT3RfTjg?oc=5) · Blues Rock Review
- 2026-01-06 [Oklahoma's longest-running drive-in movie theater to close. What to know. - The Oklahoman](https://news.google.com/rss/articles/CBMi1AFBVV95cUxNcm5GWlo3bmlqVzZDbFVQUHR5YTNiR1B1bDdGN1lGVTNpOUxqdVNNN2FvZXdReHhWZ3JEeGxhMU9fUlJKeTUwWVBwa2h2SDlOanQtRnY5aWlMbXRPZE9McHgwWTlYTTdaVXhuazBhU0ZGU1FHMmZ4LVBnN0xwdUctS3NaY0tDOGtKa043S1ZHNkVzaGU3enZsczdRVThHMGNmLUxEUFZJcGMwZFFwaGJpZ2dIdHdlandMXzRQb3ZOeXVnSG1jVGQ2Y1NXVWszTExlbUVFWA?oc=5) · The Oklahoman
- 2024-02-23 [Beacon Credit Union Foundation gives $44,600 in grants - Pharos-Tribune](https://news.google.com/rss/articles/CBMijAFBVV95cUxQT3M3Yk5jTFd1ME40Z1hNOS1wX01BNS1WNWUwQkVJZlRHNEZHUFlRVVBlZTlHZmNuMVpsVld0cl9FbVVvRldyUU9uMl9CSnMzbi0zUEJDNTZYQVV2V3BQSEFnc3BlVEIzS3R5NzNXeFFLak9FU3FiV3VPTlpLOUcxUGpRZm9PZ2tLWkFpVQ?oc=5) · Pharos-Tribune
- 2026-01-23 [Tedeschi Trucks Band Announce 2026 Tour Dates with Alabama Shakes, Sheryl Crow, and More - American Songwriter](https://news.google.com/rss/articles/CBMidEFVX3lxTE1vY1hCWEQzWDRhZE12RHdPYlRHdWM0MzVjYm5LN1NmekJ3ai1XMjRJRmFuNlpBbDFkSGpSZjN6S2tzblA5ZlZURUVWcFljVzM4RVB3WTVYQlZBSXNEanhjMVRJSWlaWFFOX0E3bWNxcTNETUJT?oc=5) · American Songwriter
- 2024-09-30 [Edward Smith Obituary Apr 6, 2001 - Wilkirson-Hatch-Bailey Funeral Home](https://news.google.com/rss/articles/CBMiXkFVX3lxTE4yYVhSWDNqSDNzUTlBMzhkLUpRNGxtd3BvVU55NFE3bGp3ZTBRdldIYng2ckFEVE0ycjMtRnlxVm53UDNEU2RkY3ZudmQ3Um1zVnZjbFV1VGhEMlUtU3c?oc=5) · Wilkirson-Hatch-Bailey Funeral Home
- 2025-10-27 [Inside Jasmine Crockett's Secret Stock Portfolio and Failed Attempts To Become a Marijuana Magnate - freebeacon.com](https://news.google.com/rss/articles/CBMiywFBVV95cUxOSjc1bmVPeUp0RFhzcXZBWkNKR1gwek4wSzl4X1RQMEs1OHMxM1lxRGtxcnJ3MGk2MU11QTI0MDRwOVYxTzRrV2xiNmNqOGd0RGtOOFV4MGpXNHIzaVlMMXFNLTNOdFllNzZ6bWJRX1UwdUt3Z0x5aDBnREpzamRZekNTMVdxZy1DVU9panZOWGhDRnBfRURSTFZoemp5VXo0UFl2WGk3NWVMbjFyOEYxeEtESmhUV1JqaU1lRkpqbWlYa1EyWFo5M240cw?oc=5) · freebeacon.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6062 (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/46.json (key "6062", 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=6062
- 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