# WACO
WACO, TX · NCUA charter 6368 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/waco-6368

Who the members are: federal charter, multiple common bond, organized 1949, low-income designated. 1,947 members of 185,000 potential (1.1% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 44.

**Verdict on the desk:** this could be *auto monoline*. 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 | $20.2M |
| Members | 1,947 (0.4% YoY) |
| Full-time staff | 4 |
| Net worth | $2.0M |
| Net worth ratio | 10.0% (p16 of band) |
| ROA (annualized) | 0.98% (p69 of band) |
| Total delinquency | 1.07% (p64 of band) |
| Net charge-offs (annualized) | 0.11% (p59 of band) |
| Loans / shares | 48% (p35 of band) |
| Cash / assets | 55.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.39% (p69 of band) |
| Operating expense / assets | 4.25% (p65 of band) |
| Vehicles % of loans | 80% (p82 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.15% (p67 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 84% |
| Certificates % of member funds | 9% |
| Average share balance | $5,976 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 44% |
| Loans granted per 100 members, annualized | 82% |
| Average loan balance | $10,181 |
| Loans granted, annualized | $3.3M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | net worth falling |  |
| 2016-12 | 2 |  | net worth falling |
| 2017-03 | 3 | members leaving |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 | delinquency rising | members leaving |
| 2017-12 | 4 | members leaving |  |
| 2018-03 | 4 | net worth falling | members leaving |
| 2018-06 | 3 | members leaving | delinquency rising, net worth falling |
| 2018-09 | 2 |  | members leaving |
| 2018-12 | 3 | delinquency rising |  |
| 2019-03 | 2 |  | delinquency rising |
| 2019-06 | 3 | delinquency rising |  |
| 2019-09 | 2 |  | delinquency rising |
| 2019-12 | 3 | delinquency rising |  |
| 2020-03 | 4 | net worth falling |  |
| 2020-06 | 4 |  |  |
| 2020-09 | 3 |  | delinquency rising |
| 2020-12 | 4 | margin squeeze |  |
| 2021-03 | 6 | delinquency 2x band, delinquency rising |  |
| 2021-06 | 4 |  | delinquency 2x band, delinquency rising |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 5 | capital below 7% |  |
| 2022-03 | 2 |  | margin squeeze, capital below 7% |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 4 | losing money, assets shrinking |  |
| 2023-06 | 3 | delinquency rising | losing money, assets shrinking |
| 2023-09 | 4 | assets shrinking |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 3 |  | assets shrinking |
| 2024-06 | 5 | delinquency 2x band, assets shrinking |  |
| 2024-09 | 3 |  | thin capital, delinquency 2x band |
| 2024-12 | 1 |  | delinquency rising, assets shrinking |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-03-18 [First Central Credit Union breaks ground on new Waco corporate office - KWTX](https://news.google.com/rss/articles/CBMioAFBVV95cUxQb3NYTUNpLTlTRDBfbldpeWNQQ0Vnay0tOWVxLXhXRFlIZ2plNFVjcnVGaXZ4ZTV4QnhqX2FILUNjNV8tOGJPUWc4cll3WmN0dTVDVXJ5ekdUanFMX3l0UGZnSW84UGxMR1FuR2FhakRkY05JRjVkS21oM3Y4M1FTRjBCOEpSSkwyTW9MVE4zSERZNWpoT0NhNXp5VjZQeGw30gG0AUFVX3lxTE1FTU5vaDNqNkpZLVRzcVk0emtselU2LWRVSDVNS1U2SElYSG1xbG1RVHlqZEtKX2JGV3cyQV9BSXpUbThxY3NpUFptcVo2cjEyLTY2T1M5dXFhclVGUmZSdGY3azdxNmFldnUwZzRhTlYxLTVnMFVZYXhkbjBhN0p3ZXc2aWJPaDNpS2ZrRmxVc1gyMWxkTlp3MXQ2TWJLOHZ0cGh6NWhJZF9ZOG5uLUthZWo4ZA?oc=5) · KWTX
- 2026-03-18 [Central Texas Banking Boom: Groundbreaking Times Two - KWKT - FOX 44](https://news.google.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?oc=5) · KWKT - FOX 44
- 2026-06-25 [Edward Wayne Terry Obituary June 25, 2026 - Grace Gardens Funeral Home & Crematorium](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBkNzNvaDNjdlJDeXBJTV84MXA5SC1rT2lLZ21rYUtvenRuWFRaOFlUdzZySHAwWHVLQjNHeElUVk90WUVDWlozdG9uQlZQd2MyREZkc0tUOUZPYXl3eXdqekhxRjk?oc=5) · Grace Gardens Funeral Home &amp; Crematorium
- 2026-03-18 [First Central Credit Union breaks ground on new Waco corporate office - KWTX](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQNWRCeDhjaU1uZVRibExxVHVESGY1WTQ4czhhNG9RSzFac0czVVdMQ0VpRjJHVGFnU0E2YWltS3k2MGp4bFRoZmExRGNWSzRxazRhWVZtbmZqOUdOLTZaQmFJYlhkblZ3dEFvd0NDdjdkTWw1UlVPRkpEWjBZQmpUMkJ4UXlnbEI3dXpWU3pYMi0zalVzeHA3NG9HQl9wRWVwSHNCUURCM1M?oc=5) · KWTX
- 2025-10-15 [First Central CEO Jo Betsy Tyler Elected to Cornerstone League Board - Brownwood News](https://news.google.com/rss/articles/CBMirwFBVV95cUxQWWpkZndydm40QlZralR4RnhLdHdRcS1ITUdwc2kydUgxc2RjM3FRRmo3TWd5VmVmNE9jUEt5RkdfNGpMaTl1RGRJTV9iZU9mQWgwRXlIdzM3OHhpQ3lCcTdJY041WDR1TDExWEJ2N0pZNXRnNF96Qmlob0Joa2ZoY2dDV2trTkdLU3BWR0h6UUJuVkdUNi1Dd0xIWC1QUEtOeDBDSndiUmJrejg4RDlN?oc=5) · Brownwood News
- 2019-04-04 [An M&A unicorn: Texas bank picks up credit union’s assets - American Banker](https://news.google.com/rss/articles/CBMilgFBVV95cUxOQjBjSnZNbXFXc2hRQlNUV3F5Q2JhbC1hdUd0QnBzNnp4T0xlTlhPZG44LU83c0ZxLXAtNHRzSmk3MUZlVUZjMzNWaTR2bUhmWUw5VzZYVzJtOFlVQjBkOFVEcWVFMTJ0clFFcXFQZzlYRDlUS1VVWXJ3UFIxbVVjYV9VbVNDRHJyQU5GM1R2T1lTbDJrb1E?oc=5) · American Banker
- 2021-10-25 [Gary D. Parker recognized for years of service to the credit union movement - CUInsight](https://news.google.com/rss/articles/CBMitgFBVV95cUxOUXpWRERfQ3FzMkEwMG1ycy12N2pkaXJiam1TVWxIUjdQZFBPc0hFMVM0YWlZXzl1U2Mwc3pBdU5jdWU3X3ctZS1GUDhmSWFVSGhEQnh5ZXFKZFJwYWNyblNaa0JTRXduMk56SnhTbDByTlNQU0hYRzBibjFDcVFnZ25wNGZJRk5TdXIxX08waWRhMU0zVWdtSjNFSXQxNWxaUmxyNUFJUUljdXZ2M0g2dUpGcDJ5QQ?oc=5) · CUInsight
- 2025-04-08 [Best Banks and Credit Unions in Texas 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPaHVBQTVTZmk3enlkTEFtTmNFVlFWMlpoMmJXcXZocEVHeXp1dmNJS1daUkpqVDROaXhqbnRhQXFSRmJfNXNmSkJhYW9UZDctTUl5bzVKQkpuWUpfNDg3TGRSajRaTFFYa2hpX1BUSFh6OGdibzFUX050UktoUmQtdTlqanY2NGM2cWNj?oc=5) · Newsweek Rankings

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6368 (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/32.json (key "6368", 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=6368
- 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