# RIVER BEND
SOUTH BEND, IN · NCUA charter 6204 · asset band <$50M · latest filing 2022-12 · stopped filing after 2022-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/river-bend-6204

Who the members are: federal charter, multiple common bond, organized 1949, low-income designated, minority depository institution. 786 members of 93,000 potential (0.8% of the field); checking penetration 31% (share draft accounts per 100 members); loans per 100 members 33.

**Verdict on the desk:** this could be *too clean*. 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 | $7.0M |
| Members | 786 (-4.7% YoY) |
| Full-time staff | 2 |
| Net worth | $1.0M |
| Net worth ratio | 14.9% (p66 of band) |
| ROA (annualized) | -0.05% (p25 of band) |
| Total delinquency | 0.06% (p23 of band) |
| Net charge-offs (annualized) | 1.09% (p91 of band) |
| Loans / shares | 49% (p44 of band) |
| Cash / assets | 53.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.58% (p48 of band) |
| Operating expense / assets | 3.18% (p55 of band) |
| Vehicles % of loans | 86% (p93 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p42 of band) |
| Vehicle delinquency | 0.06% (p36 of band) |
| Vehicle NCO | 1.42% (p95 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 3% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 6% |
| Average share balance | $6,318 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 33% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $11,464 |
| Loans granted, annualized | $1.4M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | charge-offs p90, auto monoline |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | delinquency 2x band |  |
| 2017-12 | 1 |  | delinquency rising, delinquency 2x band |
| 2018-03 | 4 | delinquency 2x band, delinquency rising, members leaving |  |
| 2018-06 | 5 | assets shrinking |  |
| 2018-09 | 4 |  | delinquency rising |
| 2018-12 | 1 |  | delinquency 2x band, members leaving, assets shrinking |
| 2019-03 | 3 | delinquency 2x band, assets shrinking |  |
| 2019-06 | 3 | delinquency rising | assets shrinking |
| 2019-09 | 3 | assets shrinking | delinquency rising |
| 2019-12 | 4 | delinquency rising, repo signal | assets shrinking |
| 2020-03 | 3 | net worth falling | delinquency 2x band, delinquency rising |
| 2020-06 | 2 |  | repo signal |
| 2020-09 | 3 | margin squeeze, delinquency 2x band | net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 4 | members leaving | net worth falling |
| 2021-12 | 4 |  |  |
| 2022-03 | 4 | losing money | margin squeeze |
| 2022-06 | 5 | assets shrinking |  |
| 2022-09 | 2 |  | delinquency 2x band, losing money, assets shrinking |
| 2022-12 | 4 | losing money, charge-offs p90 |  |

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

- 2026-07-20 [School Notes: Upper Valley students earn scholarships and college honors - Valley News](https://news.google.com/rss/articles/CBMidEFVX3lxTE9EaThBMkF1LVhOdGUydUtqeHFOZWhyblhqa1BTU3dZREotY2h6WnpmZDc4MVMtSlFUcVRVOFRTZk5waERraEFIN1lRMEpNQk1sZGMtaGNMZWNCTzBGU0Z5b3lyN2p0Y3FLUkU3Uno0dmZOZHpK?oc=5) · Valley News
- 2026-06-11 [Get out: Here's what's happening in Madison County - Alton Telegraph](https://news.google.com/rss/articles/CBMiowFBVV95cUxQSG8tWW0xdFFCTG1NcWMzamRkZ0czRUhSd19aaU1EYWFGOWtVb0daS2I2b2wxV1BtZWJsa0dMTDgxTEpMTnVDcTNHempRWDhCVlhHYUFvM0k2eHJXVnRtMTl5b1F6ZU1qTEJxamc0MWlpYTVmenJMbGp1ZzhIZEZqSmdZWTBYOGVGN0FzcW9pTnl3d1EyamRrZzZJY2hTNXotbnJF?oc=5) · Alton Telegraph
- 2026-04-20 [Tucker's Automotive Repair & Tire Female Athlete Of The Month: Marquette Catholic Senior Excels In Shot Put - RiverBender.com](https://news.google.com/rss/articles/CBMi6wFBVV95cUxPZGpRZjc5TjV5eGw0dkE5Q1JVeGl5bkU1dWVrdFhYb2NySXpRa2d3aS1iUXZNZ09VSzBUbC1RbHl0TS1PbEtvdTlxRWwyQmhkcGV5dTJUaXoydmlnT1VDZi1lOVNqaVJtZ1J6SXdKOVFKV1RFY0JFSUlCRGpneXhTYThFUnE2ZWE0bFloMUZKUkVsWlJTNWlsTVMwYm5XaUp5NHRQeXVmS0xYMmh2bXhkQndQTW9VdEZ3NWVxT2JsUkhRYXdEWVNFYmhKZ2JGdjhYQk84LWNDUmRUeVpSbHk0dlk3cC1SaUk3YUpz?oc=5) · RiverBender.com
- 2017-03-23 [Hoover named president and CEO of Educators Credit Union - biztimes.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQMDNuYVU1UGlKV1U2U2RSOGNnNUE2TUEwanRfXzViSUVJVnhlVEFlcG02T2FsS1dCZnBHVnVBaTdJek4yMl9mc240QjNkVDlYNEl3NHJLaHV6NU5WU3c2SkhCN0o0ZHZKbVZtMm5NUk1OS3JrX0cyejZzYWdId3NuREIxQU0?oc=5) · biztimes.com
- 2025-11-10 [Veteran Jack Holmes Supported Vietnam Naval Operations - RiverBender.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxOQ29LZDVvVmFZTlRiQ1BDODZvQ1A1c2liNFVIRVdqbzZsa0ZoQ015cmZ2WlRRcjN0b1F6QXg3R082YzVSUE1Ub2ZsUG91cF9nLV9sbkFCV1NRWng1UGxadjAzdmhnSDVHa01yVFdRMG1LeTFiRVQtN3RYdW0xWDRsSmVVUTl4N2lzTXFjZGViOFVzUG9EQUlOMk0zTmM3TlhTWm5zMjB3?oc=5) · RiverBender.com
- 2025-07-11 [Women's golf associations raise $69K for cancer patients - New Bern Sun Journal](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOWWVDV3JNUmdkYUhzMmZLWC1nUDNzV29UaVZ6VzFDdGhlay1SUExOb2w4ak9iaHJwYkdYT25JdEZZRDlHMjFXQ1RjQWx1TmdycEdad3RXdVB4d2FMRnRfS0owU3V2ODMtZW04MC1PLXZwaTNDSjE5UkkyeXFnMjQ2a0F2eElEWXJtQ3Z0b2RObFZZT2d5ci03ajZxM2VMVHpnNWZST3NLWldkSzN3RDNGa085bTVRcWcyUkd2Rk1sZWxIeU9qeHA1dHJpRGJhWVJw?oc=5) · New Bern Sun Journal
- 2022-06-07 [Geifman family pledges more matching funds for food bank campaign - OurQuadCities](https://news.google.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?oc=5) · OurQuadCities
- 2020-02-18 [Obituary for Diana Lee Hullinger - Palmer Funeral Homes](https://news.google.com/rss/articles/CBMia0FVX3lxTE1tamQybmtnWERXRDZYS2kxMTFJbWFZTW1ZSjk0T1RhNjBxVE8xX0xMYldaRXk4ckt3VDFSV0xJNkxKRjNHbnhhMGM3OERYYmhUTDl1eVlVSllrNk5xX1ltX1VHT1d4bUZIT0Fz?oc=5) · Palmer Funeral Homes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6204 (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/60.json (key "6204", 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=6204
- 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