# VALLEY OAK
Three Rivers, CA · NCUA charter 64122 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/valley-oak-64122

Who the members are: state charter, organized 1944, low-income designated. 5,977 members of 625,000 potential (1.0% of the field); checking penetration 62% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $82.3M |
| Members | 5,977 (0.5% YoY) |
| Full-time staff | 21 |
| Net worth | $5.6M |
| Net worth ratio | 6.8% (p1 of band) |
| ROA (annualized) | -0.32% (p8 of band) |
| Total delinquency | 0.51% (p43 of band) |
| Net charge-offs (annualized) | 0.47% (p69 of band) |
| Loans / shares | 71% (p70 of band) |
| Cash / assets | 12.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.69% (p52 of band) |
| Operating expense / assets | 4.69% (p82 of band) |
| Vehicles % of loans | 41% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 46% |
| Third-party paper % of net worth | 183% (p93 of band) |
| Vehicle delinquency | 1.06% (p71 of band) |
| Vehicle NCO | 0.71% (p74 of band) |
| Repossessed % of vehicle book | 0.11% (p86 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 22% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 62% |
| Certificates % of member funds | 26% |
| Average share balance | $6,227 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $7.0M |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $17,159 |
| Loans granted, annualized | $29.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $7.0M outstanding purchased (124.7% of net worth), $0 sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares -0.6% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | expense trap, charge-offs p90, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  | charge-offs p90 |
| 2016-09 | 3 |  |  |
| 2016-12 | 6 | net worth falling, losing money, repo signal |  |
| 2017-03 | 6 | delinquency rising | repo signal |
| 2017-06 | 5 |  | delinquency rising |
| 2017-09 | 5 |  |  |
| 2017-12 | 6 | thin capital |  |
| 2018-03 | 6 |  |  |
| 2018-06 | 5 |  | net worth falling |
| 2018-09 | 6 | members leaving |  |
| 2018-12 | 4 |  | losing money, thin capital |
| 2019-03 | 4 | assets shrinking | expense trap |
| 2019-06 | 3 |  | assets shrinking |
| 2019-09 | 2 |  | members leaving |
| 2019-12 | 2 |  |  |
| 2020-03 | 5 | losing money, charge-offs p90, members leaving |  |
| 2020-06 | 7 | thin capital, net worth falling, loan book shrinking | charge-offs p90 |
| 2020-09 | 7 | margin squeeze | loan book shrinking |
| 2020-12 | 7 |  |  |
| 2021-03 | 6 |  | members leaving |
| 2021-06 | 9 | capital below 7%, delinquency rising |  |
| 2021-09 | 8 |  | delinquency rising |
| 2021-12 | 6 |  | losing money, margin squeeze |
| 2022-03 | 5 |  | auto monoline |
| 2022-06 | 5 | delinquency rising | net worth falling |
| 2022-09 | 3 |  | capital below 7% |
| 2022-12 | 3 |  |  |
| 2023-03 | 4 | charge-offs p90 |  |
| 2023-06 | 4 | delinquency 2x band | charge-offs p90 |
| 2023-09 | 2 |  | delinquency rising, delinquency 2x band |
| 2023-12 | 5 | net worth falling, delinquency rising, leaning on borrowings |  |
| 2024-03 | 5 | losing money | leaning on borrowings |
| 2024-06 | 3 |  | net worth falling, delinquency rising |
| 2024-09 | 4 | delinquency rising |  |
| 2024-12 | 4 | net worth falling | delinquency rising |
| 2025-03 | 6 | capital below 7% |  |
| 2025-06 | 5 | delinquency rising | losing money, net worth falling |
| 2025-09 | 4 |  | delinquency rising |
| 2025-12 | 4 |  |  |
| 2026-03 | 6 | net worth falling, losing money |  |

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

- 2017-03-18 [Tyler Vaughan Obituary - Visalia, CA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxPUFk5SjFGVXl6dmhyUXpBYlI3UVFLNmRpa21LclZSVkJ0NWxXRjN0b1RZWWhsUVljNFBZdEdlQXVUV2dzQ3JKak5EQXZaZFBoYnRueUdkbmZXRzU3b21vY0h5QVRhTGtfSExEVk5WOEYtdGx4TlJjWHdJdEU5ZFlQeg?oc=5) · Dignity Memorial
- 2025-12-18 [Throwback Thursday: Ugly Christmas Sweaters of Napa County - napavalleyregister.com](https://news.google.com/rss/articles/CBMi9gFBVV95cUxPV05kNlU4MVlFZDB5amFEcVpLblIwMVhlUE9rdzZkSDFEOTFsRlpLWURkZ0xpQVFJb1MyVXp6SDVvOEY4QzZlNUU4WkxaaW15NHBwZ3lMRzBsdzMyV045TFFVSUcxaVNxX2o1Wk1ocW9ZbUphekkwdmFYZXNkR0FfbGN0RkRoNDB3TnphU2k3OWtlUFZ3N0FUNXdCRW9LclVqR2piSEgtXzZWNlUzVXBObmpaVTZ4SW9fQUpxalN0eE5hb0FxQm1rUUptbV9Za0FhVGl2eC03Q0RuSmM0RDdsdnJIWGp1bmlfc1RnYTZnR3hVc0I4dVE?oc=5) · napavalleyregister.com
- 2026-05-28 [3-Car Crash Kills Woman, 95, When Car Runs Red Light In South OC: Police - Patch](https://news.google.com/rss/articles/CBMirgFBVV95cUxQZ1VOYlJXRTNJSFhOQWZLU2RaZzRwX29Zc1dfTkthMVowa0NFSkQwZFZNYXdXOWJBTGc2SVMxWFFfWVFCMEhITWJGQXhTSnJkVXpjbXAzbDZScTROMVo1MUF0TndoU2E1Z3U2ZzI4NU9VNWlVeWx6Zm9tSGVwRWN1MkVxT3ZQTjlLOHcycUpHVUZTU2xHX3RrMjhOaU5qS1FEYTREQUx6dlpMZDhQdkE?oc=5) · Patch
- 2015-10-30 [Pests, disease threaten region’s oak trees - San Diego Union-Tribune](https://news.google.com/rss/articles/CBMikwFBVV95cUxQQ0U3dllJSy1PRDdYOWZjc3FDdXNJNXpuaUdFaE5GTW5oRS0xU2FwazA1ek1iZTNJdXZnclhScUJmNUthelNrZHFmd21zXzluU2g2RjV1TEV5cENlOWh0S01SWVV6SDlvbUxHOGFqQ3JQUEJKa2JzNmNrUThPbGNsTDlKdmt6cmZsRXMyT3RwMXZQUTA?oc=5) · San Diego Union-Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64122 (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/58.json (key "64122", 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=64122
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide