# NEW HORIZONS
MOBILE, AL · NCUA charter 60799 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/new-horizons-60799

Who the members are: state charter, organized 1950, low-income designated. 23,513 members of 650,000 potential (3.6% of the field); checking penetration 68% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *ordinary*. 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 | $296.2M |
| Members | 23,513 (4.4% YoY) |
| Full-time staff | 83 |
| Net worth | $30.6M |
| Net worth ratio | 10.3% (p35 of band) |
| ROA (annualized) | 0.65% (p46 of band) |
| Total delinquency | 0.34% (p25 of band) |
| Net charge-offs (annualized) | 0.17% (p25 of band) |
| Loans / shares | 80% (p65 of band) |
| Cash / assets | 14.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.48% (p45 of band) |
| Operating expense / assets | 4.06% (p66 of band) |
| Vehicles % of loans | 38% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 1% |
| Third-party paper % of net worth | 2% (p22 of band) |
| Vehicle delinquency | 0.36% (p33 of band) |
| Vehicle NCO | 0.67% (p52 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 23% |
| Average share balance | $5,634 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $25,683 |
| Loans granted, annualized | $104.0M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, charge-offs p90 |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 5 | thin capital, losing money, repo signal |  |
| 2016-12 | 9 | capital below 7%, net worth falling, expense trap |  |
| 2017-03 | 8 | delinquency rising | losing money, net worth falling |
| 2017-06 | 8 | loan book shrinking | delinquency rising |
| 2017-09 | 10 | net worth falling, losing money |  |
| 2017-12 | 11 | margin squeeze |  |
| 2018-03 | 9 | members leaving | repo signal, expense trap, margin squeeze |
| 2018-06 | 6 | assets shrinking | delinquency 2x band, loan book shrinking, net worth falling, losing money |
| 2018-09 | 6 |  |  |
| 2018-12 | 4 |  | capital below 7% |
| 2019-03 | 4 |  |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 3 |  | thin capital |
| 2019-12 | 2 |  | assets shrinking |
| 2020-03 | 1 |  | charge-offs p90 |
| 2020-06 | 4 | thin capital, net worth falling, margin squeeze |  |
| 2020-09 | 3 |  | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 2 |  | margin squeeze, net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | thin capital |
| 2022-12 | 2 | assets shrinking |  |
| 2023-03 | 3 | delinquency rising |  |
| 2023-06 | 2 |  | assets shrinking |
| 2023-09 | 2 | leaning on borrowings | delinquency rising |
| 2023-12 | 4 | net worth falling, delinquency rising |  |
| 2024-03 | 2 |  | net worth falling, delinquency rising |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 1 |  | members leaving |
| 2025-03 | 0 |  | leaning on borrowings |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 2 | net worth falling, delinquency rising |  |

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

- 2026-03-26 [Man walks into Mobile credit union with self-inflicted gunshots, police say - fox10tv.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxOWjJXaGtGTGxfU2pNUkxCV250dlRRMGJSTm5ZVks4Q0ROSjhKM3RJRjZkczlsWHZ3OTh2dkdZc2pUWXBOZFVXT1duYTNQZjNjSDg1TUpaNUpieHJQSDZFbERYekFFRmhSVENvOWR4VmcwWjY0bU5mNnU2NU9JREpUV0pod3l0c09vVDZGdmxROFdza2pINW5lcGwxUnp5YnU10gG0AUFVX3lxTE11UkNBdlZudTR3Ym9TcU43bjFEU29EaG5qRU9SNHRKUy0ySVdYQ0JONlAwTUxpa01ObDhOd2VLTnVrVEk2R19QSGYxaUd6d1Rya0RUVWFXbVhaNU9BRDVOOU1wdlNDM01pQ2VmYllaYkU3cF9QMEszMDhPY2JodkItV2hiMWpVZ2lRSnZfY0VxWmljRXcyOEZhU3FSb0JKcmVMUzZoa3VHT1o1bm0xN2dmYnljZw?oc=5) · fox10tv.com
- 2026-07-09 [NBC 15's Dog Days of Summer adoption event July 24 - mynbc15.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxOLXYzSFVaNXB4dFFPWEdETmRTZVo1a3c2ejB1WTQ1NnFqVHZfbm9LU1BSNjNIM2NXSXhVTEJ5cjN0TFJfSUdTbFRQOHRKeFBGcWZCSndVczAxcUxwNll2Q3FIOGRiTlNacV9sQmpYVUhEa2N4ZnBPekNWZWd1RmtZN0FBakF3eWQ5SDJQMXlTOFVzeVFVQ0tVVDRHTWI?oc=5) · mynbc15.com
- 2026-03-27 [Man With Life-Threatening Gunshot Wounds Walks Into Alabama Credit Union - cutoday.info](https://news.google.com/rss/articles/CBMirgFBVV95cUxObnhUYmN0RUZYdGkyWmt6OVlyTFpnaE5xR1B0cWZTS1ZNUFdqdGp4bjhieC1wMzg5TnpBcDhsaU5qem9oZENNUXNHbm0tNnVyWXU5a0J6LV9pRlZET1ZfeURscy1GWUthdlJFbjZ3ZU1BRTAzS0pVVFUzUy1wZlJlVXhKcWQyWW1mblRXaUNEY2lfWXd5eFkyaFJkNGp2ZW1HNlVab1hWdC14Wk8yNWc?oc=5) · cutoday.info
- 2025-12-05 [Self-Help Extends to S.C. Coast With New Branch - CUTimes](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQOXNjTVV5S2dmZ2ZxaHZRUmhKNl9lTGVCRzV0TUNUOWNpVjF4NnpxNUJVaVFUSkNjdVV5anRqNzdTRHVZNHhrSk5KNWRGV2JGeXh3Ni01SXNFQ3BpVjYxSnBaZEVzV1laMjZWUUREcU9NNVk1VkdrNUFyWUlGZnI0b0JWUmZaUmpP?oc=5) · CUTimes
- 2017-02-09 [Suspect sought in South Lebanon bank robbery - fox19.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxNYzJCRFc0ejJEU0h3cC1ZSVctQ0toM1o2bTJHTXBSTTRNZzZ1ZUdFN1pISzlIbTU4djczVDRiWU9kQlVvQTMtYVlqOXBDbHRtMkp2S3BNRndldnFKNng4MmxBczRjZm9BSG92dVZWSWozRlQxaC1xVzJMd1BnaGExMjl2TjVFb0txZmfSAZwBQVVfeXFMTWlZNk1lckw2clYyOHdGd2hUaDZWcWg4Yng1TnFnY3dCcWxHNVV3cjFibEdXbTN4UmRfZFNsQ0FfMENGakpZOVpUTlR2ZTQtOEh4OUxjVWRvTTZhY2QxSkR2a1NpQ0drUWhNU2hPODd4T0MwMU5YamNkRmtHN2tlWDFwbWZTWXl4OV95Qmt3UjNfdVE4NVdJWTFpb1Zs?oc=5) · fox19.com
- 2025-04-09 [America's Best Regional Banks and Credit Unions 2025 - Alabama - Newsweek Rankings](https://news.google.com/rss/articles/CBMijgFBVV95cUxPQmVZc2dvS3dXQkpiX250UWRzYnBjSGF5ZDRLMUwtMEtGQ0hTODRZX0tFblFOOGpZb3kyWkZheHFlR19GRVFMal85UElvTjQyXzVCSlZ0ZmZBZUZiUm5lV19MRWFjRE5DNkdSeFZqV2REaUNPRXZaRVN4Nk9RcThkNHZhTGF6eXp0OThkejVn?oc=5) · Newsweek Rankings
- 2024-11-26 [Andy Appleby Nominated for Auburn Hills Chamber of Commerce Award - uspbl.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQVVBZejVxOUxVWVlVU29sWDgzVy0zU2ZkSy1EX0xLWTBjZ285M0VkUmV2V0tZVzV3TE4yaWtsREFsQk5WemVyZy1EZ0JKWTN6LXZBVjc0WjN0dERnUTA1VUk4TF9vTTZqQVdwd2NXYTk1UG4wTmcyVU1TYzNvWEIzTlpjR3MwRFFsek42RA?oc=5) · uspbl.com
- 2023-12-04 [Randy Fawns, becomes Chairman at Commonwealth Credit Union - Louisville Business First - The Business Journals](https://news.google.com/rss/articles/CBMikAFBVV95cUxOQ3hxUXZKX3k1LUJ1eFBINHJZYW1PdVdhUVRzcTVVaFZBUWFxVFFDMzZETWdDWG9Wc3ZaS0w1bDlCbjc1OGpNWHA5TVVkUGpCRjR6QmNybXREX01PUnFXaTJLUDdCanFVV2dENWpNbzRsZ2FBeEZsbWx1U1ZOODktcVV3SXhqSHpQS0pldnV2bVY?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60799 (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 "60799", 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=60799
- 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