# HARBORLIGHT
WHITEHALL, MI · NCUA charter 62066 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/harborlight-62066

Who the members are: state charter, organized 1954. 11,537 members of 10,127,884 potential (0.1% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 65.

**Verdict on the desk:** this could be *ordinary*. 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 | $169.3M |
| Members | 11,537 (0.1% YoY) |
| Full-time staff | 42 |
| Net worth | $18.7M |
| Net worth ratio | 11.1% (p41 of band) |
| ROA (annualized) | 0.83% (p59 of band) |
| Total delinquency | 0.17% (p12 of band) |
| Net charge-offs (annualized) | 0.46% (p63 of band) |
| Loans / shares | 73% (p56 of band) |
| Cash / assets | 26.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.07% (p75 of band) |
| Operating expense / assets | 4.46% (p77 of band) |
| Vehicles % of loans | 32% (p41 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 1% (p35 of band) |
| Vehicle delinquency | 0.39% (p36 of band) |
| Vehicle NCO | 1.18% (p78 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 49% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 12% |
| Average share balance | $6,263 |
| Participations bought / yr | $1.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $1.8M |
| Loans outstanding per 100 members | 65% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $14,346 |
| Loans granted, annualized | $43.3M |

## Participation posture (from the same filings)

Bought $1.1M and sold $0 in the latest annualized quarter; $1.8M outstanding purchased (9.8% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 3.2% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 0 |  |  |
| 2017-06 | 2 | net worth falling, losing money |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 0 |  | losing money |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | net worth falling |  |
| 2019-09 | 0 |  | net worth falling |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | thin capital, net worth falling |  |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 3 |  |  |
| 2021-09 | 1 |  | net worth falling, margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | net worth falling |  |
| 2022-09 | 1 |  | net worth falling |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 3 | delinquency rising, assets shrinking |  |
| 2023-09 | 2 |  | thin capital |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | assets shrinking |
| 2024-12 | 0 |  |  |
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 |  |  |

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

- 2019-01-16 [Michigan credit unions, agencies step up to aid federal workers - Detroit Free Press](https://news.google.com/rss/articles/CBMitgFBVV95cUxNY0NQeHFQLXp4VTd3V1VEZWdiRXgyRmF1OGJQUTM5N21MYXM3TnBWdkc3djJ0V2l0QjZaSnU2a2FacUUwYlBxN1hfa1R2czUwaFdwRWJzSjRBUGhfREJ6bUlpcDV5d2NRYzRnenFUU3ZRelNOcThRS0FzRm95LXdrNW56cXVtOWNfZlkwZkdoZXM3UEJieWZzaTNTZlZ5UDJadS1la0VTRzdmeHlPMUpLNFY1TEtGUQ?oc=5) · Detroit Free Press
- 2024-09-28 [Renee Turner Obituary - Muskegon, MI - Dignity Memorial](https://news.google.com/rss/articles/CBMiggFBVV95cUxOeEoxTUg5NXZ2U3NwTlFVc1R4bS1VaG1Bd2RrVl9Yb2ZQT2Rqc0ZFRFpzOVV6NUQydl9mbVdoR0MwVE9XaWd0Rkd0Vk44VGVKaF9fR3F3UTdEOVlTZFJrM2FPWDJpMkFaX3JHcm40RV9GT0pHVHJhaWhXbml3SnR3dXp3?oc=5) · Dignity Memorial
- 2023-10-05 [Whitehall mayor faces election challenge from council member - MLive.com](https://news.google.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?oc=5) · MLive.com
- 2021-09-27 [Gary Mosher Obituary (1964 - 2021) - Muskegon, MI - Muskegon Chronicle - MLive.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNbnplQ0VPY0x6cFE1cHRHNWNJNk1ITVdscGRaTVk5aFNkRXdYdFdMYkt3OTNjUjlSclM0ZGxRMzM0SWRzaVdDa3Job0lyV1otY1RoMHhvRTlIT3NrbjB2cE9oTUZNZGNCTVV4Nl9sMGxJbTYyeWlxbmRsT2dLRkl2VE4xQ0NtZk52dnA0?oc=5) · MLive.com
- 2019-01-17 [Government shutdown: Freebies for furloughed federal workers - Detroit Free Press](https://news.google.com/rss/articles/CBMirAFBVV95cUxNbkNibmpWSlhLbFNESTF6ZlhTRFZLTU1oUXpya2NTLVhkd21ENHltQlNoSTNyeXZyVzREYmtlY09oRmxUSEgzdVFzRGJsMldvRHBvdXV2WVVfdUpDMXpucE5NamtkdEgwaGZReFotWGR5T3kzSVBPb1RZOEttVUJjWjZ5VHlUZFBSNXV2LVhmSUlZemg1S1QtZ0F5UG83NVFxRVNGUWlEUXZSWm9W?oc=5) · Detroit Free Press
- 2012-08-24 [Arts Council of White Lake to unveil new mathematical sculpture along Art Walk - MLive.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQQ3JSbW9haURDMUhQUDl4VUtFaVRxUUJHWTJDQnpGdmlseTE5SG1vV2R1ei03UnY3aFBZZkYwUGZUWkdyOGFjZndYRk9BVTVNYXlLZERaQnlTd0Q4c3RHVGRSWERYdVdSclRYZGNIU2FNVDl6SWxwVUdRaTg0T1hEM3A4ZExMWkZxaVFra1gwMWk?oc=5) · MLive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62066 (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/50.json (key "62066", 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=62066
- 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