# LOUISVILLE GAS AND ELECTRIC COMPANY
Louisville, KY · NCUA charter 61123 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/louisville-gas-and-electric-company-61123

Who the members are: state charter, organized 1934. 2,717 members of 10,868 potential (25.0% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 68.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $49.8M |
| Members | 2,717 (-4.3% YoY) |
| Full-time staff | 8 |
| Net worth | $7.7M |
| Net worth ratio | 15.5% (p54 of band) |
| ROA (annualized) | 0.82% (p62 of band) |
| Total delinquency | 0.98% (p62 of band) |
| Net charge-offs (annualized) | 0.22% (p65 of band) |
| Loans / shares | 55% (p46 of band) |
| Cash / assets | 50.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.74% (p13 of band) |
| Operating expense / assets | 2.37% (p17 of band) |
| Vehicles % of loans | 42% (p28 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.96% (p64 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 49% |
| Average share balance | $8,809 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 68% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $12,554 |
| Loans granted, annualized | $7.8M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | delinquency rising, auto monoline |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | delinquency rising |  |
| 2019-03 | 1 |  | delinquency rising |
| 2019-06 | 1 |  |  |
| 2019-09 | 0 |  | auto monoline |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | net worth falling |  |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 1 | delinquency rising |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | delinquency rising |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | members leaving |  |
| 2023-09 | 0 |  | members leaving |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | delinquency rising |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | delinquency rising |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | members leaving |  |
| 2025-06 | 2 | delinquency rising |  |
| 2025-09 | 4 | net worth falling, loan book shrinking |  |
| 2025-12 | 3 |  | net worth falling |
| 2026-03 | 2 |  | loan book shrinking |

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

- 2025-09-02 [2025 Top Utilities: Making the Connections - Site Selection Magazine](https://news.google.com/rss/articles/CBMid0FVX3lxTE5nbWVaM2htM1liTXo0ME0wdGE0Ui1YalNZOTlCRE5YN0F6OFRtX3JMN3d1WmV5N1M1ajVHbnpINjg0M3V0MzZTMlBjaHA2MV9EMmpSZFgycHcyMEotNmFzVjR6YjRVYWhxamJjRGZ3T0M1Zk5UZzMw?oc=5) · Site Selection Magazine
- 2021-12-13 [LATEST UPDATES: Tornado recovery efforts and how you can help - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxOLWktd204MEJIeWNBMGtmeDBHRFRxMk9pekNrQUdiUGJUWjZhTVJJTFlMZGE0blladTQ3dHBqeGtmRVUtdUJkcS1WT3owLVpRbnRrX3BsUVRnOG42YUh5UUhtV181aVVRTGtXUk9ELXY3Vll4WEhyMjM0akRBNjVSQ1NKeWlSa29XWTNjQnVSUkZlN19FbWJYWGVYWWRBRU0yNy1QRmxucERUNTB0clE?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61123 (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/3.json (key "61123", 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=61123
- 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