# CALCITE
Rogers City, MI · NCUA charter 62333 · asset band $100-200M · 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/calcite-62333

Who the members are: state charter, organized 1961, low-income designated. 9,544 members of 101,963 potential (9.4% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 67.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $126.8M |
| Members | 9,544 (1.9% YoY) |
| Full-time staff | 19 |
| Net worth | $13.7M |
| Net worth ratio | 10.8% (p58 of band) |
| ROA (annualized) | 0.96% (p78 of band) |
| Total delinquency | 0.84% (p77 of band) |
| Net charge-offs (annualized) | 0.18% (p57 of band) |
| Loans / shares | 49% (p19 of band) |
| Cash / assets | 18.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.83% (p57 of band) |
| Operating expense / assets | 2.65% (p29 of band) |
| Vehicles % of loans | 32% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p15 of band) |
| Vehicle delinquency | 1.38% (p90 of band) |
| Vehicle NCO | 0.04% (p18 of band) |
| Repossessed % of vehicle book | 0.00% (p33 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 3% |
| Average share balance | $5,793 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 67% |
| Loans granted per 100 members, annualized | 46% |
| Average loan balance | $8,721 |
| Loans granted, annualized | $24.9M |

## 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 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 2 | delinquency rising, members leaving |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 0 |  | members leaving, delinquency rising |
| 2018-06 | 1 | delinquency rising |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | delinquency rising |  |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 | margin squeeze | delinquency rising |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | delinquency rising |  |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |

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

- 2023-06-19 [AAACU’s Barb Mills earns Distinguished Service Award - - thealpenanews.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxPa1hzUW8tck1rcmdPbW5PdlREMmJSZlEtTHZwejJFb2o1WW0wMGVCQ3lpOUJFaHptaDFTRHl5dnhRN01maFpOci1pUE9KVXJiYmNhMGxRemIxOGMyczYzVGJobkxGR0dsM2dDNkxaMU92TzVhb1NpYU5uT0dPY0lyaHhFeG1TSUN2clVDbWoxRDJTcTVnbVZhSGFQaw?oc=5) · thealpenanews.com
- 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
- 2022-10-21 [Local banking institution to close Rogers City branch Jan. 13 - Presque Isle County Advance](https://news.google.com/rss/articles/CBMilgFBVV95cUxPenFHdnpTbG10WTFhWVFFdnE0cFc0Z2pvaEs0Mmc1RGRVdXZhSUlocE50TmRuOHVPYmlzVWQyV3prZUZXdExSQkpwdVVuMWdUY1dkTE1DZ3JrOFBMQ1dLT0k0NV9GVnlXNjBDTDhQRDVmZ1VvclppaTdFY0p6Yk85T000RUZiSFRUazRsb215RC1GUzZPNGc?oc=5) · Presque Isle County Advance
- 2020-07-22 [Calcite Credit Union teams up to give $10K back to community - - thealpenanews.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxNTGphMnNtbWFfNTU1dWRnZWY4dGZSNWk4cXRLRUpkSXVrdHlXNDJtaWNaMTZ0MjJDbDNwM2IwaVo0X3V3NWpsWndRbkVpVVRkYW5LOWhvQ0VsazdRNVY4VGpvc3FZQ05IczNQLUVOcE8xdjBtTDVXTXhBNUZBMjR4Tl9fYURLeGZUX3pVUktTcEFmcW15Y2tMT2h4WWJwOTBJU3Y3SXNB?oc=5) · thealpenanews.com
- 2019-01-24 [Rallying around the Coast Guard - Cheboygan Daily Tribune](https://news.google.com/rss/articles/CBMilgFBVV95cUxORmxTb211SG16aThJLXFuYVRhOEpOcVZJS3YwQ244VW5OcUtrLUlHQ0hOaUhGZklJMkxxQWM0Snp1bGdEOFExei1MVjkxb1J5QXZQODlYS2NSRVoxdjNaZFhxT3d3VDNSbWg4UEVyeW81WDlxZmFDbkRUOHR6WjFucTF5el9IUU5HYXJjRm5vREVoVzhmTWc?oc=5) · Cheboygan Daily Tribune
- 2023-11-08 [Plath’s Meats, AAACU earn accolades at RC Area Chamber of Commerce annual banquet - Presque Isle County Advance](https://news.google.com/rss/articles/CBMirwFBVV95cUxPUk80MzZKN2dXejRjZmhpZlp4RERCQ05QYVFtN1ZuNURpWVZfQ0syS2dQb1B6ay1faktBTkZlT0lpQXQ2Vms0Um5OWmlTXzkzTFB0SGtDSVdMbGNoYzlHNjZXeWE1U1hLT2pnb0ZhSUFZc2NEejVxc2k4bUYydEdaaWRLWklGbDNxTWFsbGtIa09WeGk2QkVhalN1cXdqa2dMVzZybDJPVzlYUkdFZExr?oc=5) · Presque Isle County Advance
- 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

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62333 (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/61.json (key "62333", 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=62333
- 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