# LOUISVILLE METRO POLICE OFFICERS
LOUISVILLE, KY · NCUA charter 61772 · asset band <$50M · latest filing 2018-06 · stopped filing after 2018-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/louisville-metro-police-officers-61772

Who the members are: state charter, organized 1942. 3,325 members of 8,000 potential (41.6% of the field); checking penetration 40% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *stressed*. Composite score 12 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $18.6M |
| Members | 3,325 (-5.7% YoY) |
| Full-time staff | 3 |
| Net worth | $-2.6M |
| Net worth ratio | -14.3% (p0 of band) |
| ROA (annualized) | -23.56% (p0 of band) |
| Total delinquency | 2.97% (p85 of band) |
| Net charge-offs (annualized) | 4.75% (p98 of band) |
| Loans / shares | 55% (p46 of band) |
| Cash / assets | 12.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.31% (p85 of band) |
| Operating expense / assets | 25.65% (p100 of band) |
| Vehicles % of loans | 1% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | – |
| Vehicle delinquency | 0.00% (p15 of band) |
| Vehicle NCO | 4.74% (p98 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 2% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | – |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 35% |
| Average share balance | $3,189 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $5,538 |
| Loans granted, annualized | $3.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 2 | delinquency 2x band | net worth falling |
| 2017-03 | 3 | margin squeeze |  |
| 2017-06 | 2 |  | delinquency 2x band |
| 2017-09 | 3 | delinquency 2x band |  |
| 2017-12 | 10 | thin capital, capital below 7%, losing money, expense trap, delinquency rising, assets shrinking, loan book shrinking | margin squeeze |
| 2018-03 | 12 | net worth falling, charge-offs p90 |  |
| 2018-06 | 12 | members leaving | auto monoline |

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

- 2019-11-12 [Former VP of Louisville Credit Union sentenced to 11 years in prison - WHAS11](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOYW00bTZZNkJId21nQzhfMEtDT21TaDhfYlhTYlhaSVNXR1hUVDNfbUp1VkdiZ0xNb0diUGdXcjlEdU9DSWZFSUJ3a3RuUGJiZGhZN3pJRmVGVW81T2JReU9GVHNZMU5uYTN5THgwU2l6N1ZBeFlRX21aUFJOX29fNXB1a0RZVk8yc0hjenRiSWZQWmVsYUI3MDdVaWNHYnl4WHhPdEk3Ykg0Xy1tQkpmckRWTlhUQjczY0hEMkNLUFQtRnFoeTVBTVBFVGJZdWxDNjFSVlVvUFNoYko3a2ZGdzRielJsUQ?oc=5) · WHAS11
- 2018-03-22 ['Jaw dropping' scheme detailed in lawsuit against officer's credit union - wave3.com](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPZG5Ray1TeFhickJxN3Jzam5NVjRzV2locDBqNGNJZ0lwMTB4YnljY3hwYkNfUjI5cjVXNEhnblBldGU3QU1GeHUzT0FZa0RvUDcxZEpPRDZvQ3hXeGk1S05UU0owZG9PVzMyblNsR3ppMWd2R3hfOUtVUUdKbGUwZUNYUkM3ZjlkQUwydW1ldUpsTTRIdUttYldqYjVORmpEZ05jNTNrZENoZk0?oc=5) · wave3.com
- 2018-08-03 [Visitation, funeral arrangements announced for LMPD Officer Nick Rodman - WLKY](https://news.google.com/rss/articles/CBMib0FVX3lxTFBwbmd1UEpWTmtyZzhmTTRrbDJPWVdqMk9aRTRySGJ0NnJFRmltX2xXcjhTRUZ4Z1BfRUQ1WGM4OGxSOHlXbW1PZGc4X2NGOU81RExnMDB2NWhQcVdNSXhnNHdzTmtLOEVOWE9wMU9wSQ?oc=5) · WLKY
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2014-10-22 [Donald Gene Boeckman Obituary Oct 22, 2014 - Newcomer Kentuckiana](https://news.google.com/rss/articles/CBMidkFVX3lxTFBiMWxfZkVEOEZxTmFkV1pRSkczSXZsVF9aSXZfLXlLZUozRkp3X2xfRkkwZ0VFZlZmeUZiN2JMTnducnNIdlFLOHV2c3pWOFFoUFFzVmFYNFd0VGRJNlpiQnBTT1kxcmhDVXFZejdNMzhKZUtGS3c?oc=5) · Newcomer Kentuckiana
- 2018-04-02 [Jonathan Pugh Obituary - Louisville, KY - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxPV01ia0Jqb0xvRlVVc2pMZEctdFB0ODlfc01XTWdoSnlHdjlMQkR3M2dCR09WclJuR3AwT3drQlJ3OFphc3pUS1dqUTRFZEFZWURWOUtLZ0dva2ZBZ2RQSjhMY3VNRlVhNGdqSW9WWml4OHRfWHNKNTZkZ2hZMmU2MUJDQ3Y?oc=5) · Dignity Memorial
- 2009-05-24 [Donald Wolfe Obituary (2009) - Louisville, KY, KY - Courier-Journal - Legacy obituary](https://news.google.com/rss/articles/CBMijwFBVV95cUxQS2dVR3oxMmo1WGlrT3ppaTlFalF2eExaWGdacEdLelAyV2Y5QTQyd3JmNGs1dF81bHdENENHRHhmYjROZy1nVEZBdEZWYUVXdGtIT09CRmFKVUFYR1kyenpRWVFnRlpieEhWWGtmSkQxQURxMDN0SV9Yc2tmc0ptOWNuRzV1MVo3Y0NmNlRIaw?oc=5) · Legacy obituary
- 2017-03-30 [Mayor Fischer, LMPD remember Ofc. Rodman - WHAS11](https://news.google.com/rss/articles/CBMimgFBVV95cUxOUjZqTE5fNXhZc0pfYTQ2a3VsTlVYZ3dkdVRWaVFGZUs1cERnaGdLSF9tUWtKT241V0pFV2tOWTk5MUlRZG9nOUZVSFNXWm45bFNZSVdmeEZvV1YxQjVHYzBFcUNnOXdEYjNSM3lFWWJ6Nzk0VlpwREptSDUxVTRyLTFIWkxlLUpWTnlmQlhKb0tJY3NXSVc3Ry1R?oc=5) · WHAS11

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61772 (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/12.json (key "61772", 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=61772
- 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