# OLD SPANISH TRAIL
WESTLAKE, LA · NCUA charter 61963 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/old-spanish-trail-61963

Who the members are: state charter, organized 1941. 884 members of 1,768 potential (50.0% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 36.

**Verdict on the desk:** this could be *too clean*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $5.5M |
| Members | 884 (-13.5% YoY) |
| Full-time staff | 3 |
| Net worth | $1.7M |
| Net worth ratio | 30.3% (p93 of band) |
| ROA (annualized) | -0.06% (p22 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 1.17% (p88 of band) |
| Loans / shares | 101% (p96 of band) |
| Cash / assets | 29.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 6.16% (p96 of band) |
| Operating expense / assets | 5.82% (p88 of band) |
| Vehicles % of loans | 54% (p39 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 38% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $3,976 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 36% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $12,253 |
| Loans granted, annualized | $813,452 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **loans>95% of shares** (`str_ltos`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 0 |  | losing money |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 3 | net worth falling, losing money, delinquency rising |  |
| 2017-09 | 4 | charge-offs p90, assets shrinking | net worth falling |
| 2017-12 | 3 |  | delinquency rising |
| 2018-03 | 2 |  | charge-offs p90 |
| 2018-06 | 2 |  |  |
| 2018-09 | 3 | delinquency 2x band, delinquency rising | losing money |
| 2018-12 | 2 |  | assets shrinking |
| 2019-03 | 3 | losing money, charge-offs p90, assets shrinking | delinquency 2x band, delinquency rising |
| 2019-06 | 2 |  | losing money |
| 2019-09 | 2 |  |  |
| 2019-12 | 2 | members leaving | charge-offs p90 |
| 2020-03 | 3 | losing money |  |
| 2020-06 | 3 | charge-offs p90 | losing money |
| 2020-09 | 5 | losing money, delinquency rising |  |
| 2020-12 | 6 | net worth falling, margin squeeze, loan book shrinking | assets shrinking, charge-offs p90 |
| 2021-03 | 4 |  | losing money, delinquency rising |
| 2021-06 | 5 | losing money |  |
| 2021-09 | 5 | delinquency 2x band | net worth falling |
| 2021-12 | 4 |  | delinquency 2x band |
| 2022-03 | 3 |  | loan book shrinking |
| 2022-06 | 3 | assets shrinking | margin squeeze |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | delinquency rising |  |
| 2023-03 | 2 |  | losing money, delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | loans>95% of shares |  |
| 2023-12 | 4 | delinquency rising |  |
| 2024-03 | 5 | losing money, charge-offs p90 | members leaving |
| 2024-06 | 3 |  | delinquency rising, losing money |
| 2024-09 | 6 | losing money, delinquency rising, loan book shrinking |  |
| 2024-12 | 2 |  | charge-offs p90, losing money, delinquency rising, loan book shrinking |
| 2025-03 | 2 |  |  |
| 2025-06 | 3 | delinquency rising |  |
| 2025-09 | 3 | members leaving | delinquency rising |
| 2025-12 | 3 |  |  |
| 2026-03 | 5 | losing money, loan book shrinking |  |

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

- 2026-01-02 [Rene Horvath Obituary - Moss Bluff, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxQUGRPcGU1aV84OF9IdjEtZkhWVHJmTTdSbUpoNDloOUxoZUpiMXZDWXpTRFFhNFAyOWVXb2JXTnBkUG1oYU9uanhkbUNTTVNGcU5nanJfWUY1Yjk5RmNnREcyWW5BNzlTZkxvR0ZPVjhEU0pBQUMxMXZwenNOdTBnc3hNYS0?oc=5) · Dignity Memorial
- 2023-09-23 [Mayor Gerald "Wash" Washington - legacy.com](https://news.google.com/rss/articles/CBMingFBVV95cUxPem8xVUhhUWdMZWNnNmZwNVNGS0hDY3d6SG5qWU45UWdWSGZHQnVGVVZ4WENTMEN5TG1OeTJWWDdNQW1QM2FOY0lVWkRrOHY1S1NyamU3dV9tdVY1UmZpMldiWURqbi1POFlTaER0dGhMUWNpMXo2QlRSNWVjTTVPcHVpb1JOdUdSdmdvVmFBQVliNVFqZ3ZFUjV6Q2UwUQ?oc=5) · legacy.com
- 2020-10-29 [Lemane retires from St. Tammany Parish public school system - NOLA.com](https://news.google.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?oc=5) · NOLA.com
- 2026-01-12 [Margaret Kidder Comeaux Obituary | Martin & Castille Funeral Home | Lafayette, LA - Tribute Archive](https://news.google.com/rss/articles/CBMif0FVX3lxTE1MWldRcUV1Z1dkeHBfd0hYNlNDVlE0R2JfRFduUzg3a2FMTEZubE5la0pzeXBoRFQwbV9Wa2FlUmxOSFVGUnJhX3RLZlNwblRpUk95dlBpcG9rdWdhSnJrYzBHTnFBQmdNeUhYYUpVTlFNWEhubGljNzFHQVY2WG8?oc=5) · Tribute Archive
- 2025-06-04 [– Court News – - Teche Today](https://news.google.com/rss/articles/CBMiX0FVX3lxTE90WktoYjVpYkRFOUFsUC1PQkdXYmpLV3JyMzBMVXRiUUFCMkVObWZidThFWnJGRlg2XzVxdmNtX1hVOWdCblI5NnFLZFpHMDkxSVNWMTB6UUxsTXJLd2Rj?oc=5) · Teche Today
- 2015-08-18 [Com Land Deals In and Around Tucson - Real Estate Daily News](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNU1V4eFgtR2RiTFR1azhxOGlHbFZVbWN4QjROdldOeDNONVd2cmg3TjZpNFpxcTNwZHNvd1ByeUdnb2xWQlhVanFZUkNrSTFIWndRV051cjk5WE1RUEx1ZnFrMGpIRFlXN1BFNmEtV19aLWxBSTBXWG1mWUNsQ3c0NzVlSU1GckR6?oc=5) · Real Estate Daily News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61963 (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/11.json (key "61963", 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=61963
- 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