# ARAPAHOE
Littleton, CO · NCUA charter 64110 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/arapahoe-64110

Who the members are: state charter, organized 1938. 9,544 members of 1,639,029 potential (0.6% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $157.3M |
| Members | 9,544 (-9.5% YoY) |
| Full-time staff | 32 |
| Net worth | $10.6M |
| Net worth ratio | 6.8% (p1 of band) |
| ROA (annualized) | 0.22% (p19 of band) |
| Total delinquency | 1.37% (p85 of band) |
| Net charge-offs (annualized) | 1.59% (p96 of band) |
| Loans / shares | 64% (p39 of band) |
| Cash / assets | 13.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.72% (p54 of band) |
| Operating expense / assets | 3.72% (p52 of band) |
| Vehicles % of loans | 41% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 80% |
| Third-party paper % of net worth | 355% (p97 of band) |
| Vehicle delinquency | 2.76% (p95 of band) |
| Vehicle NCO | 6.09% (p99 of band) |
| Repossessed % of vehicle book | 0.73% (p96 of band) |
| Real estate % of loans | 52% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 8% |
| Core shares % of member funds | 44% |
| Certificates % of member funds | 29% |
| Average share balance | $8,923 |
| Participations bought / yr | $19.2M |
| Participations sold / yr | $0 |
| Participations outstanding | $11.9M |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 43% |
| Average loan balance | $15,464 |
| Loans granted, annualized | $25.1M |

## Participation posture (from the same filings)

Bought $19.2M and sold $0 in the latest annualized quarter; $11.9M outstanding purchased (112.0% of net worth), $104,528 sold and retained. Sold in 0 and bought in 6 of the last 8 quarters. Shares 1.0% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, losing money, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | losing money |
| 2017-06 | 4 | delinquency rising, members leaving |  |
| 2017-09 | 3 |  | members leaving |
| 2017-12 | 2 |  | delinquency rising |
| 2018-03 | 2 |  |  |
| 2018-06 | 3 | delinquency rising |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 4 | net worth falling |  |
| 2019-03 | 4 | losing money | net worth falling |
| 2019-06 | 2 |  | delinquency rising, losing money |
| 2019-09 | 2 |  |  |
| 2019-12 | 4 | delinquency rising, assets shrinking |  |
| 2020-03 | 4 | losing money | assets shrinking |
| 2020-06 | 5 | net worth falling |  |
| 2020-09 | 2 |  | delinquency rising, losing money, net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 |  |  |
| 2021-06 | 3 | charge-offs p90 |  |
| 2021-09 | 4 | delinquency rising |  |
| 2021-12 | 4 | delinquency 2x band | charge-offs p90 |
| 2022-03 | 4 | expense trap, charge-offs p90 | delinquency rising, delinquency 2x band |
| 2022-06 | 8 | delinquency 2x band, delinquency rising, loans>95% of shares, auto monoline |  |
| 2022-09 | 9 | net worth falling |  |
| 2022-12 | 8 |  | net worth falling |
| 2023-03 | 7 |  | loans>95% of shares |
| 2023-06 | 8 | losing money |  |
| 2023-09 | 10 | assets shrinking, members leaving |  |
| 2023-12 | 10 | capital below 7%, loan book shrinking | expense trap, delinquency rising, auto monoline |
| 2024-03 | 10 | margin squeeze, delinquency rising | charge-offs p90, losing money |
| 2024-06 | 10 | losing money | margin squeeze |
| 2024-09 | 11 | charge-offs p90, repo signal | delinquency rising |
| 2024-12 | 10 |  | losing money |
| 2025-03 | 12 | net worth falling, losing money, margin squeeze | repo signal |
| 2025-06 | 10 |  | assets shrinking, margin squeeze |
| 2025-09 | 11 | repo signal |  |
| 2025-12 | 9 |  | net worth falling, losing money |
| 2026-03 | 8 |  | loan book shrinking |

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

- 2026-02-09 [Site of former Boulder Dinner Theater re-zoned to pave path for housing - Colorado Hometown Weekly](https://news.google.com/rss/articles/CBMilwFBVV95cUxNYmhkRl9QM0xVMDkxbEFvUXQwTjE1NGNWUkxDQ293ejd5T2tsNldhWUJ1Y1RISkxzbWpYem40dXFNb19PM0ZKT3V3NHJPQ1BDU1Z3WWhGOEVBbUZBTHFZOXVSMy1BazFBVGhyd2lDeS1WQjZnMkJLNENJN24yRS10MndaQkItTnNTU3NOdlV6VGFINFJlMmhJ?oc=5) · Colorado Hometown Weekly
- 2026-06-17 [Colorado state Senate: Meet the primary election candidates - Colorado Politics](https://news.google.com/rss/articles/CBMipgFBVV95cUxPVHJJRFJNWXhwSDVxRTBPbEU1QVZoNzIxS1JkcGlUZHpMZU9TNDdxcXZfNlJPQ204VUlrcTkxaE9HWEZRUDUwTXpPVnJEQTg4UmF5MU5MenU5RTN5QllXOTlHeU9RN2ZOTEV5VU5UQVVYU3Z3ZlBmYkxGdVZBVEllWV8tUVdpRTlweXExbktZai1KU1VrUUV2MFIzMXZHb0RZSGdMSFFn?oc=5) · Colorado Politics
- 2026-02-09 [Site of former Boulder Dinner Theater re-zoned to pave path for housing - Daily Camera](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNNm5kTkI0M0NrWnJWSXpGSjVqcnBTU2xYYVBJUlpSVmhGWFZ2Q1F3R25qZHVlbnExNEsyZDNRbmttdVl5eHVIb1M4VExhcWlIMnRId0RSOENCeGFBdFdQUzVjZmVid181RWthY2JKS0xLNFdGcldjWHk5dnZqQW1HMmw2aUY5cDRO?oc=5) · Daily Camera
- 2026-06-25 [The Docket: Real estate lawsuit roundup for 6.25.26 - BusinessDen](https://news.google.com/rss/articles/CBMigAFBVV95cUxNRlViVENfeDJlZ1pSeFN1b1RKekpYZ3JLMzB1aTE5Sk10SlQwX21malFTSE81N1pncWl1V3VzM29VM3JSeWZoNlZTS00tMW5sTUhIb25DVG5vWi1uY2lYUDVHaFU2Q3J0UmdPTmZUVGJvQjRhX1lqMF9BMFM0bTdERA?oc=5) · BusinessDen
- 2022-03-30 [Red Rocks Credit Union Selects Upstart for Personal Lending - Upstart](https://news.google.com/rss/articles/CBMitAFBVV95cUxOaWVTT19zb2xoQjZlU0NzbzlJdzVrRGRYMjU0VHpfdUhMLTNNb1EyY2NZVFpQRHZ5QWxEei1RdTdjR2N1dDFjdmJTaGc3U2M5cUZUX2xJaVlrQVhtMFp4WDE0R1NXdDhnWGNfUnBPb29FMFpIVGxxd3pMbVI3ZlFjUEstTFZSWUpGbnJtdGsxNGhJd19rZnJOOWhPOHNRdnZBLTFBQi1HY0lfaU84bXRxMTZpaDU?oc=5) · Upstart
- 2025-10-01 [Snow Days, a new campus celebration, are ahead at CSU - Colorado State University News](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPTldra3RVLUFjcDZEQTNQVnVBVkZwRzB0NmlUT0UyUE1ZMXlLTXVKUm8tbmtyZXRkeG5OWjZEYnliZDV5RTVyZm9peHY2TF9PSGJieFRKbVdHNlZjVmxVNWtmZV9WOXNpb21ONWRoMjZQcmVvQTRjZWNFLVVoaHZrRnpRS19iaEZU?oc=5) · Colorado State University News
- 2026-04-07 [Meritrust Credit Union expands Boulder presence - BizWest](https://news.google.com/rss/articles/CBMihgFBVV95cUxOTGdkUFY0UXE3S0dpMzM1eW5DOW1kWno4eFRIQ3dwbHg3SzQ3YzZQRTBnZEtTVDl1cDdla0pQcm9pa0RkbUR6TS1Zb2VqeVNOVC1zV0s4cjJKRnU1VG1kUWxNNnFMMmFWaXVIRFplNFJ4bGxEaFZGZS1kYy1GN0tqZXUtQ1lPZw?oc=5) · BizWest
- 2024-05-01 [Top Workplaces 2024: Elevations helps employees dream big, work hard and make a difference - The Denver Post](https://news.google.com/rss/articles/CBMixgFBVV95cUxOaDN5a0tCOFZGVktObDdRdjZxbEdBNmN3MGt0WFgySkNWaWZ5WGFRVlZpVGltbGNDdjVxWFZsQ3U2M1JtdnFReXZHWmVYOURQNzRqVU0zQW5OVTQ5S1F0aUU1VGIteFhCalJ5dV96MFphWjM2ejEzblFwX25abkI5N1Z3WmZ2R3NlYzlXbVRjbk42TTBSMzJVSGlXR3Y3b096YldFSjlEd3dqcEcxdFRiODdDYWRadU9TVjBQWmFZQnIzSjA1Vnc?oc=5) · The Denver Post

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64110 (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/46.json (key "64110", 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=64110
- 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