# ALABAMA CENTRAL
Birmingham, AL · NCUA charter 60712 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/alabama-central-60712

Who the members are: state charter, organized 1938, low-income designated. 18,529 members of 3,169,241 potential (0.6% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 37.

**Verdict on the desk:** this could be *ordinary*. 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 | $216.4M |
| Members | 18,529 (-10.8% YoY) |
| Full-time staff | 54 |
| Net worth | $20.1M |
| Net worth ratio | 9.3% (p20 of band) |
| ROA (annualized) | 0.70% (p51 of band) |
| Total delinquency | 0.27% (p19 of band) |
| Net charge-offs (annualized) | 0.09% (p13 of band) |
| Loans / shares | 70% (p43 of band) |
| Cash / assets | 16.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.61% (p54 of band) |
| Operating expense / assets | 4.25% (p73 of band) |
| Vehicles % of loans | 27% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 17% |
| Third-party paper % of net worth | 35% (p36 of band) |
| Vehicle delinquency | 0.18% (p15 of band) |
| Vehicle NCO | 0.47% (p41 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 93% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 18% |
| Average share balance | $7,845 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 37% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $19,961 |
| Loans granted, annualized | $47.2M |

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  | thin capital, losing money |
| 2016-09 | 1 | expense trap | 3rd-party paper>100% NW |
| 2016-12 | 1 |  |  |
| 2017-03 | 5 | thin capital, losing money, delinquency rising, charge-offs p90, repo signal | expense trap |
| 2017-06 | 3 |  | thin capital, repo signal |
| 2017-09 | 3 | 3rd-party paper>100% NW | delinquency rising |
| 2017-12 | 5 | expense trap, delinquency rising |  |
| 2018-03 | 5 | thin capital, net worth falling, delinquency 2x band | losing money, expense trap, delinquency rising |
| 2018-06 | 3 |  | net worth falling, delinquency 2x band |
| 2018-09 | 3 | loans>95% of shares | thin capital |
| 2018-12 | 3 | expense trap | charge-offs p90 |
| 2019-03 | 4 | delinquency 2x band |  |
| 2019-06 | 2 | delinquency rising | loans>95% of shares, expense trap, delinquency 2x band |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 6 | thin capital, net worth falling, delinquency 2x band, delinquency rising, members leaving |  |
| 2020-03 | 6 | losing money, margin squeeze | delinquency rising, members leaving |
| 2020-06 | 5 | delinquency rising | delinquency 2x band, losing money |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 2 |  | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 2 |  | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 5 | assets shrinking, leaning on borrowings |  |
| 2024-03 | 5 | members leaving | leaning on borrowings |
| 2024-06 | 2 |  | 3rd-party paper>100% NW, delinquency rising, assets shrinking |
| 2024-09 | 2 | leaning on borrowings | thin capital |
| 2024-12 | 1 |  | leaning on borrowings |
| 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)

- 2025-10-27 [Southern Energy Credit Union CEO has sights on mergers, technology - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOTlkzSFgxVVAxajJlTkdoREc1RnVPZHJXclhxN0F5ejZJdGRGRENCcUhveFpQSWxJVFJ1OVRlS1FhakI1MEJ0dTB6elNXdUtqYWdpc29OZGxxYnpmanF4bWp4OEhRTWxPeDU4M01DeHhSMmhvUXFyUjhFM3BsbW50WS1KcWlIVUxMOHFzZkhHM2plTENKSEhrYW8zaDZqN3YwbXpsNzg4aHJHbU9UWFE?oc=5) · The Business Journals
- 2020-09-18 [Decatur bank robbery, car chase leaves one man in the hospital - WAFF](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQU0UxNHNpYjlRaGdNZTl0Vnh1Y09pQUF3d1hEMFJMVURZcWxsNjhtWDBTZHlBREJEc29iUlpfcFhTYnFqMng3RWxPejRraTZWdTdHbTJhamVVa0ZNV010eTl2TEdEVzJwWkZfUUttZHZMZXBEeG9sb25KdmlPNEtqSGUxWTRrWkpTTDFR0gGfAUFVX3lxTE44elFPdHUzYW1mSXU5SndGV2l6akZQc1FVMzRWWnZPc0ZhYlY4VUJiM0lfVS1CRDhtMnNJcUJpVlhteExleVFGOUlRLVQzZnhfN3d5RklCak5Ra2tFT19YZVFqdW1MXzZzMk9ERGs5dWkxZF9VSXk5eDZIdVlidnJ5ckkxSDlfOWNpYUtQVjhhMzIyWUI0MEJUQlBUdDRfTQ?oc=5) · WAFF
- 2025-10-05 [Credit union to build new Southside branch, sell former office - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQTXdTa0RxTXR0V3RUTFBiVEZxN3MwN0pfSnlIenYzaFE0aHA5YXVRNjgwc1V1aktDRWpJcHhsSkFCQ2pUekhHaGctbllhOVpLVlBsTVN6MmlzU09iQ1hZRlVLRW95a19YTTkyS1lzVEpZMUpxMWNOM2VTeHVpanhmY2U1Y3V1UWNNQ21Md2J0SUVYdE16RHVwNlozTzByT2JZVVlPWGQzYTM?oc=5) · The Business Journals
- 2026-04-19 [Barbara Harris Walker Obituary Apr 19, 2026 - Jefferson Memorial Funeral Home and Gardens](https://news.google.com/rss/articles/CBMiYEFVX3lxTE5NTWlueU83QjU1RllrN1dxU1BCUHZnYzk0aTRHc0pVRDYwWGFsUWFseDhNUEZDak40RWpteFBISXktSUdSYlZSZExDZmNRNHpmT096Z1ZESTAtaU9nc0p4aw?oc=5) · Jefferson Memorial Funeral Home and Gardens
- 2014-09-08 [UPDATE: Florence Police have credit union robbery suspect in custody - WHNT.com](https://news.google.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?oc=5) · WHNT.com
- 2021-10-06 [TOMMY GERALD TATUM - AL.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNLVdtVWFjWnBYdFZPVWJjMzBHSU9IUWdmSGlrODFreWVNcFVmd2ctN2lqcWhBVERnWUZMQXBkVUVmczdSR3NHblphVDJoSmtZYjZ3Y2FDN3JRd0VyUDN3QmdaUjJFbDB1RElxdGJQQVJrSHpaRDFVOWpMOXVFODBQa0p6LUppUEU4UXVj?oc=5) · AL.com
- 2025-09-16 [Alabama Power Anniston office renovation among new high-dollar building permits - The Bama Buzz](https://news.google.com/rss/articles/CBMifkFVX3lxTE1EcnFRQmZ6dERJMFliNVU4cXUyR09sSUpjWXZHa1hWWG1ld2VsYkhDdUtNWE1rdHBDS3JVY3VocUs0dkdwRUFfdmltdEdJRjNtR0dGVGFRdEI1X3N0X2QtR2hvb3JFR2lRUUxKXzJYSHpkOXRPci1rRVVValNCUQ?oc=5) · The Bama Buzz
- 2008-06-05 [Phillip Antony Williams - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNbk5uSWREV1VhbENCcGZlV0Z5b2duSDBIaXJfcERyTUhtTnpLZDh3bGNXZHdBaHNFalBwV3ZiZUxISG01SVhkSHdZZnAycDZ0Smg0MllzLUcwc3pVaF9PSXpVaWR4TWZhYWZkekxfSDJiOFY5MDdjSWVXVWI5endTX2dVUHBnb3lEV1k2Z2hhSGx2QVpm?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60712 (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/40.json (key "60712", 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=60712
- 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