# UTILITY DISTRICT
OAKLAND, CA · NCUA charter 61085 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/utility-district-61085

Who the members are: state charter, organized 1935, minority depository institution. 2,151 members of 3,500 potential (61.5% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *auto monoline*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $34.1M |
| Members | 2,151 (-6.0% YoY) |
| Full-time staff | 4 |
| Net worth | $3.0M |
| Net worth ratio | 8.9% (p10 of band) |
| ROA (annualized) | 0.58% (p51 of band) |
| Total delinquency | 0.05% (p21 of band) |
| Net charge-offs (annualized) | 0.65% (p79 of band) |
| Loans / shares | 26% (p10 of band) |
| Cash / assets | 59.8% |
| Borrowings / assets | 0.01% |
| Net interest margin | 3.40% (p31 of band) |
| Operating expense / assets | 2.88% (p29 of band) |
| Vehicles % of loans | 74% (p71 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 14% (p91 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.95% (p86 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 9% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 1% |
| Average share balance | $8,676 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $210,111 |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $12,485 |
| Loans granted, annualized | $3.1M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $210,111 outstanding purchased (6.9% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.1% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 3 | delinquency rising |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 1 |  | delinquency rising |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | net worth falling |  |
| 2018-09 | 2 | delinquency rising | net worth falling |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | thin capital |
| 2019-09 | 2 | assets shrinking |  |
| 2019-12 | 2 | auto monoline | assets shrinking |
| 2020-03 | 2 |  |  |
| 2020-06 | 2 | thin capital | delinquency rising |
| 2020-09 | 5 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2020-12 | 7 | margin squeeze, loan book shrinking |  |
| 2021-03 | 8 | losing money |  |
| 2021-06 | 8 |  |  |
| 2021-09 | 7 |  | delinquency rising |
| 2021-12 | 6 |  | net worth falling |
| 2022-03 | 4 |  | margin squeeze, loan book shrinking |
| 2022-06 | 4 | net worth falling | delinquency 2x band |
| 2022-09 | 4 |  |  |
| 2022-12 | 3 |  | net worth falling |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 4 | delinquency rising |  |
| 2023-12 | 4 | assets shrinking | delinquency rising |
| 2024-03 | 6 | charge-offs p90, members leaving |  |
| 2024-06 | 5 |  | charge-offs p90 |
| 2024-09 | 6 | loan book shrinking |  |
| 2024-12 | 5 |  | losing money |
| 2025-03 | 4 |  | members leaving |
| 2025-06 | 4 |  |  |
| 2025-09 | 3 |  | assets shrinking |
| 2025-12 | 4 | delinquency rising |  |
| 2026-03 | 4 | members leaving | delinquency rising |

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

- 2026-08-21 [Business Journal reveals C-Suite Awards honorees for 2026 - Sacramento Business Journal - The Business Journals](https://news.google.com/rss/articles/CBMikgFBVV95cUxOYnFFaE9lUVJDMDl6VVNFY1p1a21sNGdLT2ItXzlDQkRNM1RpaUVER1Y3WEZoa3hEdnB3SHVyZzM4WWk1VmJpSzdDY2NrZTJFbUM4MUFXdDB2UmdvZm9Tb1dtZ3VHOUt4WWluOTM3ZWt6Y1Azd0tVQ3M2amNlbW9RajByNzA0VmRsOURMblA1RXJkdw?oc=5) · The Business Journals
- 2024-05-04 [John Lucero Obituary - CA - eastbaytimes.com](https://news.google.com/rss/articles/CBMibEFVX3lxTE1EeXhuSUhMUU5BdDFwR1BETFEzMzl1c2FQUTY0VGJBd2xicW91SmZxNXI0TWQyaktBdjRfREZxVVAzMHdJWThDSWZaV2xmYnV5OVFWa3FkdE5nTkc1NjAzcnZtMUFYMzh6RmZTVQ?oc=5) · eastbaytimes.com
- 2023-04-21 [Purple Sacramento: City lights up in support of the Kings - FOX40](https://news.google.com/rss/articles/CBMioAFBVV95cUxQdFV0elNRUXNzT0M3ZmZXYTlmRElUSmF4QWxKbkFyOEw1akxUVHJkMzdWUkVWUkduUHRlaU9qODM4bVFneWpwV0R4OXZLOFhCM0tZWmV3dWd5Nm84SGowNktUSEw4OURtN0x6ZDZZYVRzcmFvLW5adkNhbG1MMWwweWdxTzVpOGRacllfT3NtR0xYSVlBQXh6dTBTWnpwYkZz0gGmAUFVX3lxTFAxbmZvSm1ORXNabkFmVmZpOFlqbTlMejFfUU45VkNpNFRxOWZWV2xXaWVhTEE5anJzY19WSkZBRFg0UUU2cGFhMHJrY1phZE9fMzZFOG9MTnhsSmdidDlrbXJzaGJmbnVWNkVueWZHWFhWRF9oc2otVG01aDN5SDFmRTJNYkF0MnoweU05WjkwZXVUVmlOM3VlZWFQcUx4em1tRlNMWGc?oc=5) · FOX40
- 2026-04-17 [Study says a San Diego municipal utility to replace SDG&E could work - San Diego Union-Tribune](https://news.google.com/rss/articles/CBMitwFBVV95cUxOSHh3TXp4RDY4YU56b2J3N3k3QUEwZVB4RjZaeThrLVVKOVRsbEJDaU54cDRpdGFmQnI0Y2hCOUtVOThZZnBEMmhOVVRCQi1IRFM1RDhqTVJ1RklHNEtndXlBLTVjY0ZuLTZYV2NGM2RCdVpxVUFwWW9qc1p3dW5naGF3NWFSQzhxdm5oS3hyUnVHYVNwcTZ0eThrd3JvSnNFaU8xYjdpOV8zYWlZYjd0dUZFQXZNMjQ?oc=5) · San Diego Union-Tribune
- 2024-09-30 [Top Workplaces 2024: 123 great places to work in Oregon and SW Washington - OregonLive.com](https://news.google.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?oc=5) · OregonLive.com
- 2023-01-04 [Live updates: Winter storm slams Northern California, two bodies found in flood waters - Sacramento Bee](https://news.google.com/rss/articles/CBMib0FVX3lxTE4zMEItS2xRUVZGV1p2U1hZQzZaOGdGTnJsN2liYlp6MzV4andUVlZaajJmZXV1eUtWNVBfbUdyLWJ4YTNlLW1JNmZxRGhMVzNXN1RJLTFDeVlwVDd1VXRlVm03elVKNzZnQWFtclJGYw?oc=5) · Sacramento Bee
- 2022-11-27 [Pat Postma: 'Lady with a Legacy' - Oak Ridger](https://news.google.com/rss/articles/CBMinAFBVV95cUxNdURjZk9STWtWT3ZvS1YzRTVFNFNvdGdieVNZSUVadDdqWVprUHRFMUYwUFZQMmt1bkdIZFA4eU5pelhwTVpPVUxoV0JKWDY5SkNLckV1c2xNZE5IVnJEMEVxOVdqZ3hyMDlxa0RrTUNDb3dYRU9YM01wRHZOa2xLWEVDcFQwWlBuaE5qVVRXUlhtU084Qndtb0ZiRWU?oc=5) · Oak Ridger
- 2025-04-16 [After Hours: 2025 Corporate Citizenship Awards - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQNm5CWE1ocE5URDJYSkdzaWxHSEVYUW05Qjc5eWt0MEM2VE1pQXpWaFFDSGhxMTVocExGT2JLVU04OUxqeksxUkw4cFQzYU16Wlk5SXFyYjVqS295eEFOcURxNW9RbllmR0VaWTVGNmM5UmRlVEd1Tm43MUl4cXRHcmpEMkJMTklBcVF3RkQ0SWdnWWltN096eTdxaS1qbTZpbF9SbF81aXk?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61085 (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/29.json (key "61085", 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=61085
- 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