# MAINE STATE
Augusta, ME · NCUA charter 63377 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/maine-state-63377

Who the members are: state charter, organized 1935. 37,537 members of 735,000 potential (5.1% of the field); checking penetration 53% (share draft accounts per 100 members); loans per 100 members 83.

**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 | $787.8M |
| Members | 37,537 (2.0% YoY) |
| Full-time staff | 137 |
| Net worth | $78.2M |
| Net worth ratio | 9.9% (p42 of band) |
| ROA (annualized) | 0.21% (p17 of band) |
| Total delinquency | 0.82% (p68 of band) |
| Net charge-offs (annualized) | 0.45% (p52 of band) |
| Loans / shares | 85% (p58 of band) |
| Cash / assets | 6.7% |
| Borrowings / assets | 1.90% |
| Net interest margin | 3.22% (p33 of band) |
| Operating expense / assets | 3.30% (p35 of band) |
| Vehicles % of loans | 31% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 79% |
| Third-party paper % of net worth | 215% (p76 of band) |
| Vehicle delinquency | 1.00% (p77 of band) |
| Vehicle NCO | 1.08% (p61 of band) |
| Repossessed % of vehicle book | 0.00% (p36 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 145% |
| Core shares % of member funds | 39% |
| Certificates % of member funds | 37% |
| Average share balance | $9,028 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $38.3M |
| Loans outstanding per 100 members | 83% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $18,993 |
| Loans granted, annualized | $233.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $38.3M outstanding purchased (49.0% of net worth), $2.8M sold and retained. Sold in 3 and bought in 7 of the last 8 quarters. Shares 7.5% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | 3rd-party paper>100% NW |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 4 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-06 | 3 |  | delinquency rising |
| 2020-09 | 4 | delinquency rising |  |
| 2020-12 | 3 |  | margin squeeze |
| 2021-03 | 2 |  | delinquency rising |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | net worth falling, charge-offs p90 |  |
| 2022-06 | 1 |  | net worth falling, charge-offs p90 |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 2 |  |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 2 | delinquency rising |  |
| 2023-12 | 2 | net worth falling | delinquency rising |
| 2024-03 | 3 | losing money |  |
| 2024-06 | 1 |  | net worth falling, losing money |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 3 | net worth falling, delinquency rising |  |
| 2025-06 | 2 |  | delinquency rising |
| 2025-09 | 1 |  | net worth falling |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | net worth falling |  |

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

- 2026-08-22 [Maine State Credit Union adds Belfast branch; grand opening Aug. 24 - PenBay Pilot](https://news.google.com/rss/articles/CBMinwFBVV95cUxOUVBpX3FlenZqY1g3ak5UNTBRQnAzTHY5VVZLXzlUZF9KdThUOE8zNTV6RGx1OGtUVG9IWTRQY0lGZnQ4WlN5ckQ0ekZTTVpMbnJBa2RpNWNZZzMxakJHYUJOaHF0TkZjM2dPMWV0TnJCTndBVXYwR3QwVGoxRXFieDBrdkMtOGhqNG0wZ2xhb0ZRaVotRWZUdmdKOTBob0U?oc=5) · PenBay Pilot
- 2026-05-16 [Maine State Credit Union announces 2026 free community shred-it days across six locations - CUInsight](https://news.google.com/rss/articles/CBMiygFBVV95cUxQWUEydWEyWnJlRkNiZjFvR0ZlUE9JN2pGTEN6RVJzRHpEQVpiYXpfanBpRjhqcjlmc0FHRVdPS0Z6R2tqdk5tMnExNHBHOFlGb2N1c2JMWEMwQTZnaGF3bjBqTnJmdFh2c19Dcnd1SU1rUGt3aDB3SjVCeTd3cGZ1c3hMVlBzYmxZS3d5clVmdEQ2S05wMWF5LXJQYWNrT09pampRLVVqZklLcFpaRGt5Zm1Nb2NsNGR4WTBPM1pOVVFLaFRYSkwyd0xR?oc=5) · CUInsight
- 2026-07-11 [Record-breaking year for Maine State Credit Union’s annual Feed ME 5K - PenBay Pilot](https://news.google.com/rss/articles/CBMirAFBVV95cUxQaHNfZk1FWmhMVXBxLVVqR2h5b3Mtc2ZXUnZTYWlBYUhEMFNYdnozd3djZGR4eXJ5eGdDZkFTQUQ0YThNRENRWVhKRFFoNWJ4RjJrc1BXdndlWFZ1SHlBVnpfemMwZUxwNlBnbDFDVGFIaHJZWnE1NmtVb2ZnZXg2aUlzZk5zMm94ZWFpUTdjd0RsTExFaVRVMEpHTlZPbEwzeFdlVmk3T3BCX3Bp?oc=5) · PenBay Pilot
- 2026-01-21 [Best Certificates of Deposit Rates in Maine for 2026 - moneyrates.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE9HRWN2YnhJYUJXeUpRUEEzNXVpNy1jdDhONTNMa1prUEtJVkRxVFhuN29qc1lvb09aSGxGUXdDdFJ0NkEzZnhBZlBPcm1Ha3lwREhKaEVUbDhMa2tiWTJHYUI4NA?oc=5) · moneyrates.com
- 2026-04-08 [Daryn Deveau joins Maine State Credit Union as Senior Vice President & Chief Information Officer - CUInsight](https://news.google.com/rss/articles/CBMi0AFBVV95cUxNSjlCN1ZzaEhmbGhhdk5NSWVORWdZM0lfMzllRjIwS05XQWVXRmZjS3RqWDFCY0pwMmNYZmN1MWMtbXM2eWtTNHNOSlJLa2RLbmdDWDZyak4xWVhpRm5rMmtTQXpOeXczbnBVZDZEbEJFRkVNSks3QVlUa2gyTFo0ZnZYaVZmdy15dDQ4QkxwTGZlbzlLRWRqM3ppMUZpU3JRUm9fbW1nRDJLcVZNZ205dWwtdjZ3VWdzemtzSzRERXVLYVFlbHhEdG95S0ViNkNR?oc=5) · CUInsight
- 2024-02-08 [Farmingdale operations center to accommodate Maine State Credit Union growth - mainebiz.biz](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQbE45V2NBOVhPLW5nSE1tNjU5WkhVaDFrLXN1ZlpwT2psc0JVZHQ5alFzdko1WHQwZG9Jc0Z3dE1BQ0RPV1FwRjMyZDVYZ1pCNHR0UTdsNkdGaXhvM1diVFczQ1RzZ0ltemgyQ25LbzZ2elAybFF1a0VmTkhnazRFLUtTYzFwMWhfWUpLcnhEYnJKbFhaeEZVbkxBWjVyQkFxQ3BwQ2pEWmlQQQ?oc=5) · mainebiz.biz
- 2025-11-24 [Maine State Credit Union welcomes Mark O’Donal as Vice President, Commercial Banker in the Rockland Market - CUInsight](https://news.google.com/rss/articles/CBMi3gFBVV95cUxPMGtnemxhMk5XWlo5SENKWUdKWmlzMkZBWlRyaEJXUXpmaklPVEhHMkZ3TTFQSkRfcE1MUDJkcHctOTRxYkwzejNIa2RGdU4xdklGRWtnUEN6RDFBVzJBdHIzU1RXcTA3Q3VuMkdwYmZqUW4tRGl5NThJMUlSQS16OHp6LVlxTVJqMlhxb3NWUENxZUhsM0llcVY0d1U5Q21yTnd0em9sU2p2SXNBUTVTTDUzSmd2NlN2aXo0dHhrTFVVbFZzUGgyVW9BS24zbVBudnlHbENCeU43c3czVHc?oc=5) · CUInsight
- 2025-07-08 [Maine State Credit Union promotes two employees to senior leadership roles - mainebiz.biz](https://news.google.com/rss/articles/CBMipwFBVV95cUxNY0lFT2FpdndkbkZDUGYyakhJNkZ6TmdjVkl2czV0Q01xczFreEpkRmhwOXV4MDlmSm1rODU1ZlJzWWZid2lCRDZ1S3pySUxQWU5FZUpIMFZWeFpMT0JvdEx6djZ5ZjFyY3hnVVFqUC1NWEc5cFdZeVBPSGZ4Sm51ZnVNTkJfekV4ZDNfbEZrRks0RVJnLTVjOGtVNlMxQkRsa191WmdDdw?oc=5) · mainebiz.biz

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63377 (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/17.json (key "63377", 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=63377
- 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