# H.P.C.
ALPENA, MI · NCUA charter 62219 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/h-p-c-62219

Who the members are: state charter, organized 1950, low-income designated. 7,590 members of 340,000 potential (2.2% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 44.

**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 | $171.0M |
| Members | 7,590 (0.3% YoY) |
| Full-time staff | 25 |
| Net worth | $23.1M |
| Net worth ratio | 13.5% (p73 of band) |
| ROA (annualized) | 0.91% (p64 of band) |
| Total delinquency | 0.16% (p12 of band) |
| Net charge-offs (annualized) | 0.32% (p48 of band) |
| Loans / shares | 66% (p42 of band) |
| Cash / assets | 27.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.43% (p36 of band) |
| Operating expense / assets | 2.78% (p20 of band) |
| Vehicles % of loans | 33% (p44 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 61% |
| Third-party paper % of net worth | 83% (p66 of band) |
| Vehicle delinquency | 0.00% (p3 of band) |
| Vehicle NCO | 1.00% (p73 of band) |
| Repossessed % of vehicle book | 0.25% (p88 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 101% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 15% |
| Average share balance | $8,308 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.6M |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $28,885 |
| Loans granted, annualized | $30.8M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.6M outstanding purchased (32.8% of net worth), $353,249 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 9.7% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## 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 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 2 | delinquency rising, repo signal |  |
| 2018-09 | 3 | members leaving |  |
| 2018-12 | 1 |  | repo signal, members leaving |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | delinquency rising |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 1 | delinquency rising |  |
| 2021-03 | 2 | net worth falling, margin squeeze | delinquency rising |
| 2021-06 | 2 | delinquency rising | margin squeeze |
| 2021-09 | 1 |  | net worth falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 4 | net worth falling, members leaving, loan book shrinking |  |
| 2022-06 | 4 | losing money | loan book shrinking |
| 2022-09 | 2 |  | delinquency rising, losing money |
| 2022-12 | 2 |  |  |
| 2023-03 | 1 | losing money | net worth falling, members leaving |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | delinquency rising, assets shrinking | losing money |
| 2023-12 | 2 |  |  |
| 2024-03 | 0 |  | delinquency rising, assets shrinking |
| 2024-06 | 2 | delinquency rising, assets shrinking |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 1 | delinquency rising | assets shrinking |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 1 | delinquency rising |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 | net worth falling | delinquency rising |

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

- 2026-06-29 [HPC Credit Union supports Brown Trout - The Alpena News](https://news.google.com/rss/articles/CBMilwFBVV95cUxQWjhOY2ZfUDhCcVhXWVdrOEJRczdMYndLX3dCaS1ISjJGTGcxMGRRbWRLeUI4Q3NzWm8yNTNjQ2xzNGpyejgtdmJ3VUVFbHRWMlNKTS1DcUFOWnJWenZqSG5JMkNuTXlUZ0tVNHc4RnZHU250aFl3TTFhT251NTVqNU4tTDRreURJYU1lbUpMd0ZsMDdHVGow?oc=5) · The Alpena News
- 2026-04-04 [HPC Credit Union Fourth of July parade - - The Alpena News](https://news.google.com/rss/articles/CBMimwFBVV95cUxQdUw0a0RHTDZIRURyelBaRUoyeVBwdS1lTks0TlY0M3YwMUZPd0lqWUdibEFqQUE3WmxEUkJpWnJWbHZEQ1B6ZnNXY0ZXaFRrRXRkUWxRaEV4MUJqd2RFTmJKNG5DcVl0anY3ZThSRDUyU1JQQVFGbW50Uk15NTQzbzI4VEhtcFNyMTlmUHVPUzktTGpDY2pTbl9tZw?oc=5) · The Alpena News
- 2025-09-06 [HPC Credit Union donates $2K to Great Lakes Stewardship Initiative - - The Alpena News](https://news.google.com/rss/articles/CBMivAFBVV95cUxNdDMyNnZUeHdsaF9DSHFxcnpRUnE5endYNXM2RzAyNDJpdHlRSTRNQlc0SElIaUQ2M3JkQUFra3lZSkRDWERmNElpMG9keG5mMFZ2c09HOFZQZnZDX3V6NVVRMXVPWmJXZnc2NF9xYk04RnpOSlV1WURvdXBZQzlpdWVFQWhVa095eGcwZEdJa0xkVExwWTJUQVFBblhpNGlNV213REpFcUlrRUM1anU1UTBiTW1Pa1hMZjRmYw?oc=5) · The Alpena News
- 2025-05-16 [HPC Credit Union Fourth of July Parade registration open - - The Alpena News](https://news.google.com/rss/articles/CBMiogFBVV95cUxNUmkwa1ZnUTA5MWpTLUU2bkhhdV80emxHbUszWDloMjNEdjBvUTQySTh5a2dHZHZCenFYVjlXLUYzUV96SlAxRTBmMkdQM2dfVElweXNiaktzMlVjdmpQNk02NkRvLUYtNlh3a0pBMlFmMmh0M0xBaFQwbmdITEg4S1E0Z1U2X2JDMWo4cmpUcGJGS0gwbXluTVZoTzlPMFNpY1E?oc=5) · The Alpena News
- 2024-07-10 [HPC Credit Union Fourth of July Parade float winners announced - - The Alpena News](https://news.google.com/rss/articles/CBMiqgFBVV95cUxOeG9KbE5QVmxtQ2c1aVBsajNsRnJfMFkzNFNZalNYVm5ZY3YtS2x1US1FZndxLVlNNktxVGxaWmF5YkFKYXBNX0lkeGw1NlFMdk8zTHBPWDlXaGRfbG9PeTRvdWEtUnVSa2ZWYnFjU0RKaWxJc1VCWktVNC1YMHh2NXB0clRXNVowOElJd1hnZExFT2l5eE5wdmRfVXdfWHEySVFWUGE4RXdhdw?oc=5) · The Alpena News
- 2024-08-28 [HPC Credit Union donates $5K to Besser Museum’s ‘Discover’ exhibit - - The Alpena News](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOVnJyOHVBZmZHTkc0OXF4RFlreFllUlZYTUExWXNzRlVHdDJYWUxxMVRMa0RpeTdGeU1PaFdHX1VUUHRhNk5HU1B4cFRERFQyVnktdUE1aFFVeGJjd0JOQmE2TEFWZDh1X1V2YnByYWZVMXpuUnJaUk9CRF8xa19FOUY1T0dFRXRuMy1zMXVwWTd3dTF1RlBzSXMzdHNubXhNUFNTMFJXaXFEczl5RnpucFdwaFcyT3o1?oc=5) · The Alpena News
- 2021-09-16 [H.P.C. Credit Union donates to Alpena’s new patient tower - - The Alpena News](https://news.google.com/rss/articles/CBMirwFBVV95cUxPd2dRcExzLUM0MG9kaEcySU93enZJcUxwNFkzUmJOTWMybzUtNXdmV0pKWUd0Z0psdWZCNXB2V0MwMVo3YzlmTlZEbkVtbzFyUURMTVp1WkFybjhqdlZ6a3NjNm5PVUhyUHREdjhDNE1xRENhN3RoMTk4d2pNUklKYVhUWHJsWmRZcUVDV0cwMmxPVTJ6aVZ3Zm04QWZ4cW9kQ3pBYWdDdE8tVlNyMGxn?oc=5) · The Alpena News
- 2025-01-17 [PHOTO: HPC Credit Union helps fund Bayview remodel - The Alpena News](https://news.google.com/rss/articles/CBMipwFBVV95cUxQQkozQXNyOGhEdXFSSE1nbzlDQzdVeU9faGU1R0lZRm9mUVAxVXBQdUlfNHBBSlFscm0tRlVEY1Q4VnUySjhScmU5MVhBVkttRlZXSUx1M1JiaGJlZWhGMDZLWTJ1TGhFNzdYelhHTjlORC05U25WZzV3ZENCaHdock5zR3dMN0p3NWJRX1NIbVhpRGowRjlwODFmZlZ2dk9pUGVLa3lPQQ?oc=5) · The Alpena News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62219 (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 "62219", 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=62219
- 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