# MID CAROLINA
Lugoff, SC · NCUA charter 60735 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mid-carolina-60735

Who the members are: state charter, organized 1961, low-income designated. 14,016 members of 430,000 potential (3.3% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 41.

**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 | $177.7M |
| Members | 14,016 (-1.0% YoY) |
| Full-time staff | 48 |
| Net worth | $22.8M |
| Net worth ratio | 12.8% (p64 of band) |
| ROA (annualized) | 1.13% (p76 of band) |
| Total delinquency | 0.63% (p50 of band) |
| Net charge-offs (annualized) | 0.19% (p33 of band) |
| Loans / shares | 67% (p45 of band) |
| Cash / assets | 10.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.84% (p61 of band) |
| Operating expense / assets | 4.20% (p69 of band) |
| Vehicles % of loans | 50% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 65% |
| Third-party paper % of net worth | 151% (p78 of band) |
| Vehicle delinquency | 0.22% (p23 of band) |
| Vehicle NCO | 0.24% (p32 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 16% |
| Core shares % of member funds | 58% |
| Certificates % of member funds | 1% |
| Average share balance | $6,594 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.7M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 17% |
| Average loan balance | $18,412 |
| Loans granted, annualized | $32.7M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.7M outstanding purchased (20.5% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares -1.6% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 4 | net worth falling, losing money |  |
| 2017-06 | 3 |  | losing money |
| 2017-09 | 2 |  | net worth falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 4 | delinquency rising, loan book shrinking |  |
| 2019-06 | 3 |  | delinquency rising |
| 2019-09 | 2 |  | loan book shrinking |
| 2019-12 | 1 |  | auto monoline |
| 2020-03 | 3 | net worth falling, auto monoline |  |
| 2020-06 | 2 |  | auto monoline |
| 2020-09 | 3 | margin squeeze |  |
| 2020-12 | 4 | delinquency 2x band |  |
| 2021-03 | 3 |  | delinquency 2x band |
| 2021-06 | 2 |  | margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | net worth falling |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | net worth falling |  |
| 2022-09 | 1 |  | net worth falling |
| 2022-12 | 3 | delinquency rising, auto monoline |  |
| 2023-03 | 4 | members leaving |  |
| 2023-06 | 2 |  | auto monoline, members leaving |
| 2023-09 | 3 | members leaving |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 3 | assets shrinking |  |
| 2024-06 | 3 | delinquency rising | assets shrinking |
| 2024-09 | 1 |  | members leaving, delinquency rising |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 2 | net worth falling | delinquency rising |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-04-09 [Mid Carolina Credit Union invites members to 65th Annual Meeting - CUInsight](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOVmYwRXB5MnczVDJyZ0ZxNWN6V0tmME1aVVBKeDZORHhndEV0Y0d3WnR4WWxVTEtHbks5RHNDYWs3M003UU5lc2xWaWxJU3dVTE5JOHNPWC1oNmlOMmpReHpwSWNINy1raFo0VjN4amVaMXpseFo0OGdBVFlkMUE0Yk12X0xWMDN6a2VDZUstbDFhc3BDUkNnX1I2YS1rSHVaX0ZzZTJUUlk?oc=5) · CUInsight
- 2025-02-06 [Mid Carolina Credit Union welcomes Parker Brewer as Compliance and Fraud Manager - CUInsight](https://news.google.com/rss/articles/CBMivgFBVV95cUxNalNTRkFobmFVUGZrN0g2UDlLTXZDOEhrQkhmQjBqbDZQZHI4VXdnQ29PVXNvYmE3eGpJMENqbnR6ZV95WnVTUzdDaGZ6dnZoVlFnT29laDBFcHdjSU1zdDdheUN3dzJHc1lQVWhrOXZuTi1scGJqU3l1bHlVYTZqYzZBWm5QdWZzbXlZMDk5eXZGMHBvOWpTVHVyVC1fZEN4RmJVdDZwRUdUU3Nvejlha0oyQ3B0NlloOXJwVm53?oc=5) · CUInsight
- 2024-09-19 [Mid Carolina CU Welcomes New CEO, Dean Scarborough - Issuewire](https://news.google.com/rss/articles/CBMilwFBVV95cUxOcm55OFIybXJfTDJZTGUyYWpESDdzQjBSTU0zQjRxQmFiVVNTTTkzcENOU2hNTXpzZGZqc05fZkhLN0ROZjZuQ0pkendWVExQX25zSGhBVUdEblo3UWdKVkl5WENBb3dNekgyVllKdElkZjFPbXZ1c1hWcjRtWXg1ZlRDVEN4QVNwV2FmaW1tQkJzSnE4ZGQ4?oc=5) · Issuewire
- 2020-10-19 [Mid Carolina Credit Union Earns Recognition for Delivering Beneficial Financial Products with a Mission of Social Responsibility - CardRates.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxNVmE2WFpXcTdXd3VUZWlHVDZVY2hxWE1IZUZQZG9WVHFPQXEtVkdTYkdWeUxBaUJXSnBfWTk4amVJUUdTZF9ySXotaFpfS3FSbXNIMGVHZWMtbjQ4SVlaQkpuQ0ZUVlpBZHU3WFJidnAyYzdRVlpTVXVGTTd4UVpfeDNGbTZfNzJGUDJvag?oc=5) · CardRates.com
- 2025-12-03 [Obituary of Alfred Truesdale, Jr. - Powers Funeral Home](https://news.google.com/rss/articles/CBMijAFBVV95cUxObXdGMU12U3M0WHUxOUlwQ3NiMC1ORFhHS2stUTNfOXNKMWQxWTZpa0Q5M2xwbDJCQ21OLXJsSVQ4SEFWZWtzTENmd2JjN2JQM1dITERnZmdiRnBOdGlWYzJvV0QweW1UQTNfSG9jeE9LaUxwWFRRbW1icU40SzFCR3NCVXRsN0czTWJ1Mw?oc=5) · Powers Funeral Home
- 2026-06-01 [It’s time! Cast your votes now for 300+ Best of Columbia 2026 awards - Post and Courier](https://news.google.com/rss/articles/CBMi5AFBVV95cUxONDlIYU5UU2FTSDdZTk9wQTVGeWpuRUYxcXlqZlNtUTVJa2ZSVDlzclU2VWFnS1BTSF9WMkIxT2FBVnNvTWpNUUhLenF6dGNQcS1PRGxOQTNYamVKNU5FYTJHdDA3RjBpeUpMLUlxZ3piczVIOFBubmJsVXlVdTgxRGZpVmN5VWNCMWw2N1pfRWNWUDlGNVlfSnNMT05HSE0zZjlxQlRMMFBJS3gxY01SUkNKX3ZOblVEV0lZc0FVaHA3N25lZ3ZYTUhjcXRHSzNUWURPcDdHYmxzc1c3bkw5MEVBTE0?oc=5) · Post and Courier
- 2025-02-06 [Jennifer Tolbert appointed as Collections Manager at Mid Carolina Credit Union - CUInsight](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNVzJjY1hhakFGemhFREk0Y0RrWG9tMUl0ZlF5WEVzY0N6OENkaE1QeW1nMHZZcXF5T1ZXZll1ZDVpT1dtRkNqalVCekJxOEd2RTNhQW5IOVEyTXgwU3UzUENrRFYzeUEtTFNicVR4eHlDVmd6SHdfeFhTOU0xYS1ieGNCQUpDR0p1ODN6WTBZZGI3dlBQTWpMckVuWlBFaXNPeXBYUHRZLVBBWERqRVE5LV9xeVhHUmZWWW1N?oc=5) · CUInsight
- 2025-06-30 [Mr. Curtis Ellis Branham Obituary (1937 - 2025) - Columbia, SC - Post and Courier](https://news.google.com/rss/articles/CBMinAFBVV95cUxQcWxuSkRqNGN4VWZlYlAtSGxLdU5CNGhuZUIzd1J1X3pRYzMwTHlPUHoyRmpSX2o3dUhDRGdCTVBNY2xaTmo4bFN1UkFxWk9RNGVDTUlQTldLaENTbkpLUlFud25JRGJvdW43WmxnU0h3NlR1aHExMVhIWHNvOENQcnFpOUUxMDQ1TC1ZQjBjTUlQV25QV0lvSGJSekI?oc=5) · Post and Courier

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60735 (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/63.json (key "60735", 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=60735
- 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