# OLD OCEAN
Sweeny, TX · NCUA charter 6175 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/old-ocean-6175

Who the members are: federal charter, multiple common bond, organized 1949. 3,017 members of 165,000 potential (1.8% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *auto monoline*. 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 | $42.0M |
| Members | 3,017 (-2.2% YoY) |
| Full-time staff | 10 |
| Net worth | $8.3M |
| Net worth ratio | 19.8% (p73 of band) |
| ROA (annualized) | 1.88% (p92 of band) |
| Total delinquency | 0.17% (p30 of band) |
| Net charge-offs (annualized) | 0.56% (p77 of band) |
| Loans / shares | 45% (p31 of band) |
| Cash / assets | 59.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.48% (p73 of band) |
| Operating expense / assets | 4.25% (p65 of band) |
| Vehicles % of loans | 70% (p64 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.17% (p39 of band) |
| Vehicle NCO | 0.11% (p72 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 21% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 94% |
| Certificates % of member funds | 2% |
| Average share balance | $5,362 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $175,932 |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $7,920 |
| Loans granted, annualized | $4.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $175,932 outstanding purchased (2.1% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.9% year over year.

## Flags firing in the latest filing

- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, repo signal, auto monoline |  |
| 2016-06 | 2 |  | repo signal |
| 2016-09 | 3 | repo signal |  |
| 2016-12 | 2 |  | repo signal |
| 2017-03 | 4 | delinquency rising, repo signal |  |
| 2017-06 | 2 |  | delinquency rising, repo signal |
| 2017-09 | 1 |  | thin capital |
| 2017-12 | 2 | thin capital |  |
| 2018-03 | 3 | net worth falling |  |
| 2018-06 | 1 |  | thin capital, net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | assets shrinking |  |
| 2019-03 | 2 | charge-offs p90 | assets shrinking |
| 2019-06 | 2 | assets shrinking | charge-offs p90 |
| 2019-09 | 3 | delinquency rising |  |
| 2019-12 | 1 |  | assets shrinking, delinquency rising |
| 2020-03 | 3 | delinquency rising, assets shrinking |  |
| 2020-06 | 1 | net worth falling | auto monoline, delinquency rising, assets shrinking |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | net worth falling |  |
| 2021-06 | 3 | delinquency 2x band, delinquency rising, charge-offs p90 | net worth falling |
| 2021-09 | 2 |  | delinquency 2x band |
| 2021-12 | 2 | loan book shrinking | delinquency rising |
| 2022-03 | 4 | margin squeeze, delinquency rising |  |
| 2022-06 | 3 |  | delinquency rising |
| 2022-09 | 4 | delinquency 2x band, delinquency rising | margin squeeze |
| 2022-12 | 3 |  | loan book shrinking |
| 2023-03 | 3 |  |  |
| 2023-06 | 2 | assets shrinking | delinquency 2x band, delinquency rising |
| 2023-09 | 2 |  |  |
| 2023-12 | 3 | auto monoline |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | assets shrinking |
| 2024-09 | 1 |  | charge-offs p90 |
| 2024-12 | 1 |  |  |
| 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)

- 2025-08-15 [Sweeny man arrested in Old Ocean Federal Credit Union shooting that injured employee - thefacts.com](https://news.google.com/rss/articles/CBMi8gFBVV95cUxNMTVOTkVXZnNiOUw3M2F0SVF2WWxTNFNEcGpscVF3aXdVSDBweHZaUEQtd0U1aUJzQ2xtd2hnUGVfcGVvUEZqN0tpN0NqeG0zOGh2aFFxaHNUMHVwZFBaMnhObzlRVy15cllkbzFyajI3aG1rSHBBQnVWRjhlcGVNMmtiVVZnUjctREtNZ2gxbzJRUFZpMHQxa2JnRWlpMUh1LW5EVGZCT0FYeDlEa2tnX1l6Tkd3RjNVYVBSa0o3Wm5fX2tSTlIzSndTZmpBTGNWeWtpUGJ4dmlVZ2pjQ1FQd19ySnJJc3BqY3hmUmtxZTF4QQ?oc=5) · thefacts.com
- 2026-01-13 [James Joseph Starks Obituary Nov 20, 2024 - Taylor Bros. Funeral Home](https://news.google.com/rss/articles/CBMiX0FVX3lxTE9vRHFpdmhBc0pRYTctcXE2U0EtazlIZnp4X0JFaTFBbzNuc1RUTGJlX0pQd2VtcE9oeE05emdfYkM4RmIwYWsweGotd1I4UjQ1ZjQyOXFsTkFndWR2ZFY0?oc=5) · Taylor Bros. Funeral Home
- 2021-11-04 [Former CP Chem Orange plant manager gets promotion - Beaumont Enterprise](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPcDh5SkppaTFFbDNTcjJWdjgyY2N5MnZOS09NS1I0ZEpGcGMzdl9BMWx2S21ZODA5VXJEWnFWalBOT0FyaTBNSGxPeVNlWGYyQWFRbmZESTJ5QXM2RWFGVWdLcDU0YjBaSEx4RzZNOTV4QmdrOXJnSi1SZTZJbm1PT3p1UXQ0VFpSZERn?oc=5) · Beaumont Enterprise
- 2026-01-14 [Sweeny man accused in shooting arrested on child pornography charge - thefacts.com](https://news.google.com/rss/articles/CBMi2wFBVV95cUxPNVkxczM2ZWhiQWw2WFB6eFladFVLQUs0QnZlUHRUcndhaUV1T0tRbEx5TDdZdlVqcV9OZlBOWFBPY1YxWGxEVjdEdVJjakozZDJxZkFNRm9TUXJPb0NxMUhRSzh4NVpCaURZRFJCaURwaC0zeTVUbkUwb0M2MDBmSnZTRFMtZXF0dm5Qb2VTdkhlelNFLVdfQ0hmak5Md0E3ZzcwVnBrTi1pU0dfVmlLZHN0S0tiN2h3U1ZyZjdaYkU1bW9EZFdFaHp5d1Y1Z2NEQ3Qwc09mUmRWRzg?oc=5) · thefacts.com
- 2012-01-08 [Angela “Angie” Canova Kramer - The Bay City Tribune](https://news.google.com/rss/articles/CBMitAFBVV95cUxQd0huaWQ0NS00RE1qUHNUT1NQeENUNjY2c3ZfMFMzLWVfeUgyWko2VDVaeHZfWS1oN3pLZkJpTlNMekp6cHlKRFphajZMNkpNbmxwaEhDQm5oSnNoYWhSS2didkhoVV9NclBxc2R3VVJnel9CNUhiN3ZvZ2xOdUp2YjBXQkdHa2Q0WHQwRFZuaWY5dE5heG5hVDAzZy1wTXgwNnk5RUhNakhXY2dJRnpjeWRsQnU?oc=5) · The Bay City Tribune
- 2013-10-25 [Mrs. Merle Lee (Heath) Nollkamper | Obituaries - thefacts.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxOM2xnWXNuV1RvNVNwODhfbnROdU5pR2V0YjVEYm5KeW54QTJCdHlvOWM0cXczV0RnUXZ1S09qUUZLWmRSSi05dnN2VWNXMlZteVZRenZiMjRISDJPZFZWVUtjQjlUcjlXR3dLNHl6amRmOGk5QjV3ZVFxMklFQjljNHZKRUhhYkI1bldSTWlNNENKdy1tMmdzS3cwZWFhYjNkd3VKSzQyQnZhVlFWSTlIWmdn?oc=5) · thefacts.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6175 (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/31.json (key "6175", 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=6175
- 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