# ADVANTIS
Oregon CIty, OR · NCUA charter 62659 · asset band $1-10B · latest filing 2024-09 · stopped filing after 2024-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/advantis-62659

Who the members are: state charter, organized 1928. 87,669 members of 11,822,219 potential (0.7% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 58.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.90B |
| Members | 87,669 (-1.7% YoY) |
| Full-time staff | 301 |
| Net worth | $220.5M |
| Net worth ratio | 11.6% (p66 of band) |
| ROA (annualized) | 0.19% (p16 of band) |
| Total delinquency | 0.74% (p62 of band) |
| Net charge-offs (annualized) | 0.70% (p71 of band) |
| Loans / shares | 80% (p28 of band) |
| Cash / assets | 11.2% |
| Borrowings / assets | 0.79% |
| Net interest margin | 3.32% (p74 of band) |
| Operating expense / assets | 3.37% (p67 of band) |
| Vehicles % of loans | 30% (p53 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 90% |
| Third-party paper % of net worth | 251% (p73 of band) |
| Vehicle delinquency | 0.65% (p49 of band) |
| Vehicle NCO | 1.33% (p76 of band) |
| Repossessed % of vehicle book | 0.13% (p68 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 74% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 36% |
| Average share balance | $9,486 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 58% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $26,050 |
| Loans granted, annualized | $249.2M |

## Flags firing in the latest filing

- **assets shrinking** (`shrink_assets`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 1 |  | delinquency rising |
| 2017-12 | 2 | loans>95% of shares |  |
| 2018-03 | 3 | charge-offs p90 |  |
| 2018-06 | 2 |  | charge-offs p90 |
| 2018-09 | 1 |  | loans>95% of shares |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | net worth falling, margin squeeze |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 3 | delinquency rising, loan book shrinking |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 4 | delinquency rising, assets shrinking, members leaving | loan book shrinking |
| 2024-06 | 3 |  | members leaving |
| 2024-09 | 2 |  | delinquency rising |

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

- 2025-03-31 [Advantis builds on a rich history of service to create a headquarters for the future - JLL](https://news.google.com/rss/articles/CBMiwwFBVV95cUxONUYyOGdvZnJNNXVUd0E5enF6cUpiWXJNOFNhN1B3TUVDU3lWLVZzei1fcmNWbFAzZXlLeDg5TjRFRGw3d2NMV1dibHE4UVU2LWt2b3llUUFWT0J2QVZOMDczSTRtdW94SERfVnEyY3Y2Wlc1UzdGWjBwTE9xaUJ0ellEMHZuUm9vR3hRbUZGVXpmdDE3VzhlT2ttM3hZekQ3YUhRNVpFXzdMeVh4Tjl6bmpXY3BtbGVoVnlvZ3NaT2wxQzA?oc=5) · JLL
- 2024-07-29 [Feds approve Rivermark-Advantis merger; Credit union to expand to 19 branches - Columbia Community Connection](https://news.google.com/rss/articles/CBMixgFBVV95cUxONlRpeW81cmRicEc2ZkxHRUNOaVBFX2VMQWJSM1J5SlhaWS10WmhOVHBJMmJzMTRySHZUUXAzd2dFdEptNS13MkNfNE5hWGVUeldDTzVTaU56UW1NejktdTlKMlVnTVpObVdLRThaS0FwZndPSElQWkZ5VWk2S1Q0U1JHeDZqbzVOZUFuTk11VTg2dXplRkswMmw0dy1UQlBQY2s5X1NUclN5WGtxRzhtQVBKWi0tZ24yNmNmTFB5RlhjTEs0Smc?oc=5) · Columbia Community Connection
- 2024-09-24 [Advantis Credit Union members approve merger with Rivermark - oregonlive.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxQM0FyeEkxRUE3czJnZnktTzhLaWhGWHJldkxaUTNnb0I4V1B5S0xuS0JNN21yTmM4cmNsR2h1S0RZMXBVaTI0LWI2VERPX2FMcVRBeDc0bk5HS0VYYWtTRnRCSmlEWjR2TjNmcDgzNUstMExkN191UlJOSW8yUUhrdXRCNnR6elJZQW1vOEVid2pReTJJdWY3WVZfXzNDLTkyUEZmODlB0gG6AUFVX3lxTE1oVnRJTEloX09LNDFSNEU0a051bWdTVmRYV29ZREl4TFF2Rk9lUlNOVEpSQmp0OFd1bXpla1RDZktxV0l4ZzQ0VEt4VjFtYmdBYndyNDlqXzJpMlRtLVRmRnFBQUtoUW9GcHpSNEJqckx6UlhYcmZkZ3ZjZ181d0U4cjM0YU9EcHY3b1BVaTRnSnE2ZERYd0U2TUI1eUxnMnZmdVFsWm04d0hVbWFpNWtIRjVLRGg5QllWQQ?oc=5) · oregonlive.com
- 2024-01-18 [Advantis Credit Union, Rivermark Community Credit Union set to merge - The Business Journals](https://news.google.com/rss/articles/CBMikwFBVV95cUxPeGd4bTZTX1VZck4yeGtrRDlGdUJINmJ6UzZxTTNBbklkMnYyUC13T2h0SENTSlZnTElPOTVhRFozYks1LUlWUWxVQTdVMEtoU1F4aldSYS1icV9CemxjSlV1Q2xtdTR3ZlVjQUlHRkNmN2Q5aHBsQ1pxQWtlS3VtRHllbW9oZmV5UEt4M3FpOUFxTUE?oc=5) · The Business Journals
- 2024-01-21 [Two Portland, Ore.-Area CUs Seeking to Combine into Multi-Billion Credit Union - cutoday.info](https://news.google.com/rss/articles/CBMitAFBVV95cUxOQzVJSURVRXFRRzY5LUJwa0w3NHNVM1lzMVlwM0U1amVMamlsM2tSTUNHVWZOZFU3YjQtVDNHRHVMZkh5ZHUzNGVCT0cwdnM2dm1VWElSUlpYNVVidTRCbU9KU3lhekJXRTVCaUpEMnpsbjhCTUVWWUYyaGJ5MVRnY1lnUDRYM3F2bFc5bmZSLUFla0NMVzRFOC1aZTVUYzBuSVJObzFRYUtrWExkUjdJQmszQ1Q?oc=5) · cutoday.info
- 2020-01-24 [Advantis Credit Union to launch CEO search - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxPYjdWMlNSaHA2RU1KdmpvV3pRc0psVHdnb1BpWWVKeTZMTDRGVk9uVFhHVTMybVkxQW92WlhCT3V5RVhPS3p2ZlNpdWEyS2kxRHl6b3pYUnhQdU9iaWxSaUgydjk4TzVpUFVtckFmR1ByYUhadmFGRWptbzJ4NlM4QVVtOXAwZWdGeWhFcXIzSml2aGN1X2c?oc=5) · American Banker
- 2023-03-16 [Advantis Credit Union opens new Oregon City campus - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPWUFCOFpaekVDYVkzRVVYNFlUbzBhS3ZLX3RnNXdibGM5RENRYjVHcndLMGtsRXdZb0hhNVBWSGJsV1RfNVRENzNBcjF6SDJJTGcyX1ZUNUt4VmJfMUtyR0ZkbzVIVGtLWWw5ZkYtenlKc2k0UmpsS1E5dHlyZU4xRllYZEFuUVBiYzlEV2hwUzNJV3VuN3dqakM5MGRBNnVjTDFlZGZ6UEU?oc=5) · The Business Journals
- 2018-04-05 [Advantis Credit Union tweet says ads are being pulled from KATU - oregonlive.com](https://news.google.com/rss/articles/CBMifkFVX3lxTE5mTEJrSXZmdE1paTJWaUhwLU04a3lyeklVc0J2WlJmUXJpOE9HLXF2RGZmWlc4MjVpMmFMZ3NxVnhVTWZRcFNFR2VsZHROYUJMTnVwUlpsb2gwdXQ1UWppelNCZXFzWUtsOGZEcU1ZQjNnNUphQjVzRnoydHd2UQ?oc=5) · oregonlive.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62659 (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/3.json (key "62659", 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=62659
- 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