# AREA COMMUNITY
GRAND FORKS, ND · NCUA charter 64294 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/area-community-64294

Who the members are: state charter, organized 1964. 1,895 members of 10,000 potential (18.9% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *ordinary*. 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 | $27.7M |
| Members | 1,895 (-5.0% YoY) |
| Full-time staff | 7 |
| Net worth | $5.2M |
| Net worth ratio | 18.7% (p69 of band) |
| ROA (annualized) | 0.19% (p31 of band) |
| Total delinquency | 1.34% (p69 of band) |
| Net charge-offs (annualized) | 0.28% (p68 of band) |
| Loans / shares | 74% (p73 of band) |
| Cash / assets | 38.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.18% (p62 of band) |
| Operating expense / assets | 4.55% (p70 of band) |
| Vehicles % of loans | 48% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.30% (p82 of band) |
| Vehicle NCO | 0.73% (p84 of band) |
| Repossessed % of vehicle book | 0.22% (p94 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 25% |
| Average share balance | $6,509 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $17,534 |
| Loans granted, annualized | $5.5M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 1 | net worth falling |  |
| 2016-12 | 0 |  | net worth falling |
| 2017-03 | 1 | members leaving |  |
| 2017-06 | 2 | delinquency 2x band, delinquency rising | members leaving |
| 2017-09 | 3 | assets shrinking |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 1 |  | delinquency rising, assets shrinking |
| 2018-06 | 1 | net worth falling | delinquency 2x band |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | delinquency rising |  |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | members leaving |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | members leaving |
| 2020-12 | 1 | members leaving |  |
| 2021-03 | 2 | net worth falling, margin squeeze | members leaving |
| 2021-06 | 1 |  | margin squeeze |
| 2021-09 | 0 |  | net worth falling |
| 2021-12 | 2 | delinquency 2x band, members leaving |  |
| 2022-03 | 2 | delinquency rising | delinquency 2x band |
| 2022-06 | 3 | delinquency 2x band |  |
| 2022-09 | 2 |  | delinquency 2x band |
| 2022-12 | 3 | delinquency 2x band, assets shrinking | members leaving |
| 2023-03 | 4 | members leaving |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | members leaving |
| 2023-12 | 0 |  | delinquency rising, delinquency 2x band, assets shrinking |
| 2024-03 | 1 | net worth falling |  |
| 2024-06 | 0 |  | net worth falling |
| 2024-09 | 1 | delinquency 2x band |  |
| 2024-12 | 3 | net worth falling, delinquency rising |  |
| 2025-03 | 5 | losing money, repo signal |  |
| 2025-06 | 5 | members leaving, loan book shrinking | delinquency rising, repo signal |
| 2025-09 | 4 |  | net worth falling |
| 2025-12 | 2 |  | losing money, loan book shrinking |
| 2026-03 | 2 |  |  |

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

- 2026-07-03 [West Virginia Central Federal Credit Union President and CEO Mike Tucker announces retirement - The Parkersburg News and Sentinel](https://news.google.com/rss/articles/CBMi4gFBVV95cUxNaTY1dnZHam5hTGRaQUYwWkhPRC04bjlQdVJYZFdRT0FKd2RjV2hQS2o4ZTVtUmhBalZMemRCLTlYX18zbWdfR1ZRbWF3eFduT1YxZWFMNnlGOHQ4a3BnMmhKMFA2a2lucGViQjVuc2t4Q2dLcHE2OC1SUFFJYXMyUlVqVUs4SUl0YTBobXBIaHQxY3VWMmxjQkJLcnJaMVJyRHBzRGJjd1JsT2RWektLZEF1UUNlblluVDQzb1U2SDRZWEZyb3o0cEJJekNKZUUzanZkMGVPMGo2NlF2Q2U5THB3?oc=5) · The Parkersburg News and Sentinel
- 2026-04-24 [Oshkosh pantry nets $1,000 donation as demand rises and funding falls - Oshkosh Northwestern](https://news.google.com/rss/articles/CBMi4wFBVV95cUxQWFpIRjhSd0IwQkltRmJwd3dZdHJQVEVLNnZ1NHB1MWRPdDgwN1Bmbk45eF9NZGxCVVhPcU52UkRwTHdwakpwUTVUSEx0RFhJVjJLclFRZjllQ3JKUzFtYUZEUHhSUXVtT3FvWjJzQ1ZVanJwb2htcXJGMXF2WWk5ZlQwbW1yeF9QMjg0allfUkQ3Zk1tT05NaGpaNktlWjJ3R2gwODNkZmh3ZXJXNDB5dElkSkplaExvMHFOUGtfQmU2VzhPM1BaZTZIaU5PVms2cDBLZnMyUDRTVVl1U3huNFdvQQ?oc=5) · Oshkosh Northwestern
- 2026-04-25 [LorMet has served for 90 years | Editorial - Morning Journal](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNRzJEZDlXaHQySUo2YU1YdlpyaDNUd1cyQU12bl84VkhCdXJvekItR0pNNm9PRUZRSk13ZTN4eW92eXlRRlZlSl95T0I0U3FYcFVLS1dzTlc5SDVzYWpTc0xtNjN2aTNpV3dMaUtqck5KNktGRVlTSjV1MEFUTERVTDBtbWRITkFEQm9n?oc=5) · Morning Journal
- 2026-04-14 [Mayor Evans announces 2nd round of Neighbors in Action grants - spectrumlocalnews.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxPcUY0YUxxbG1xYU9xUVhKajU1TWNhQ1JCZ0dNNHVXVHR6OVBKazlkLXluTnNpSHZjdko5M2F1RkFSTzd4dnFvTVpaUjJMaGh2RU16b2pKeGpVVXNyMkVnVFZmcnY3ZW1HcWhBRm1JSTU5dk81LVF5U1lZN2JxalFxT1dOWUJtd3Z6RzBERzM5WXZvQ1NGc1pCUDNEdVFxLXVHSTF2djhEMHprSHFaSDdsX1RndU90WkVRWnVTS2JFUHFkdkQ1?oc=5) · spectrumlocalnews.com
- 2026-04-21 [LorMet Community Federal Credit Union celebrates 90 years with open house - Morning Journal](https://news.google.com/rss/articles/CBMitwFBVV95cUxPU1IweXNqd2M0d09JWlpKWjZWR1l4cXBpX3ZqZ3ZDdEZGa0xfd19mZFZfVGozQlJBUXZsWEx1M2JxbW5ENXVITVBheTd3MTJ5S0MxYmJJUDlfaE5sN1ItdGNCWnk1RTZEWTlCaHE1SGtpYUxDNEQ3MUJRWW54cTliU0NXaDZXZWhhbFBVR2dIZGFOS0V5WDhmaURYN2EzNXV3RlR4LUxTZ2JsYXctX2hDeE1kSFNyaGM?oc=5) · Morning Journal
- 2025-01-21 [Mayor Evans introduces partners in City’s Neighbors In Action (NIA) effort - City of Rochester Gov (.gov)](https://news.google.com/rss/articles/CBMipAFBVV95cUxOc2JRbWtSNUIxeVdDSjFRZU4xY2dxSndlYUplYjhQZzM2UV9jTnBFR1Q0Q3RjNHZTRXlPU0ozLVRwUEw0eTJsZ25PbkZWUkMyMmdyY09aZlBHMWFRQk9oTVdLLXV6MFN5bFRtZjBpY1c0VXRxeU1FZmVwZ01MQTJFNDh5MzJfMjRreUhTeGdwWkFVQmdWdFI3ZW1mSTk3Z2dXRmxMdA?oc=5) · City of Rochester Gov (.gov)
- 2021-10-06 [Investing in Community: The Story of Tin Shing Printing - The San Francisco Foundation](https://news.google.com/rss/articles/CBMie0FVX3lxTE16ZTZoNm5obm5LWWJSM0toYmZuUkZfcWVMZEhpSmdia1d0d0RaMU15X2g2ODV3TEoybHVHdWpqejRnTWdWSzZOWDdLSi1PRWRJTTNqYVVBTDVwM3BUc2lpSFdwYUx6VThGTHdRZm55SWlHbnExQkFBTlBSQQ?oc=5) · The San Francisco Foundation
- 2020-08-27 [Credit union to donate to Savannah area community gardens - Savannah Morning News](https://news.google.com/rss/articles/CBMivgFBVV95cUxPSzEtSDJsRHFNdVc1UzdxcDJZVXhyOTdxSzJQMWZnVUlmTFhjNXM4OEN4VEg1UGZoQndCTktoQlRIVDY1LXBtUjJCUWZhRXdsVUFGR21MUTVZRjNQWU5pcURQMnRZYUM1aHBTSTFwTXR3bDNKbm9JbWlmdWg1V185OEJ1OE5KcW8wTENSak9Nd3RwM0pNUjRhZUZxR00xbXNpbWsxWEV5TXJ0SUx4VVBaMy1YcXUwUE9ucV9ZREtB?oc=5) · Savannah Morning News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=64294 (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/38.json (key "64294", 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=64294
- 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