# EAST CENTRAL MISSISSIPPI
NEWTON, MS · NCUA charter 65470 · asset band <$50M · latest filing 2018-06 · stopped filing after 2018-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/east-central-mississippi-65470

Who the members are: state charter, organized 1971, low-income designated. 1,941 members of 3,000 potential (64.7% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *too clean*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $5.0M |
| Members | 1,941 (1.4% YoY) |
| Full-time staff | 4 |
| Net worth | $622,637 |
| Net worth ratio | 12.4% (p47 of band) |
| ROA (annualized) | -0.12% (p18 of band) |
| Total delinquency | 0.17% (p23 of band) |
| Net charge-offs (annualized) | 0.17% (p50 of band) |
| Loans / shares | 47% (p34 of band) |
| Cash / assets | 26.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.08% (p81 of band) |
| Operating expense / assets | 9.26% (p98 of band) |
| Vehicles % of loans | 67% (p70 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 0.14% (p35 of band) |
| Vehicle NCO | 0.00% (p28 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 2% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 21% |
| Average share balance | $1,438 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 32% |
| Average loan balance | $2,733 |
| Loans granted, annualized | $1.4M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 5 | net worth falling, losing money, delinquency rising, members leaving |  |
| 2017-06 | 3 | auto monoline | net worth falling, losing money, members leaving |
| 2017-09 | 2 |  | delinquency rising |
| 2017-12 | 5 | losing money, delinquency 2x band, delinquency rising |  |
| 2018-03 | 2 |  | losing money, delinquency 2x band, delinquency rising |
| 2018-06 | 4 | losing money, assets shrinking |  |

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

- 2021-09-21 [Southern Miss Alumni Association Announces 2021 Hall of Fame Inductees - The University of Southern Mississippi](https://news.google.com/rss/articles/CBMia0FVX3lxTFB3ZlFUN2RqLWlsWmlEZGFNV1hDS2ZVQUFneFF5MTJLREN6MDZzRFpickdhcDZqN21xTTRrMHY2LXRIVExaOEhmNm94UC1vMGl1Ymd3NzhFczhjTlcyMXNxenBZejZKaTdOUkJF?oc=5) · The University of Southern Mississippi
- 2016-11-10 [Newton credit union robbed - WTOK](https://news.google.com/rss/articles/CBMigAFBVV95cUxNU21OdjlxYjNQbDVWVGlRaXJqUUxGRmN5QkNHSVhjQ2piVHBTeW8yczUybUZqUDc5eW4wbVd1V3p2V0NnWHpncEVOR1AzOE15NlhKS0dZSW4wNmduN3JWSkxTVUk1dW8xUDI1WU1tSTc2ZFN5OHFVRGc3RkVrRlRCaw?oc=5) · WTOK

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65470 (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/62.json (key "65470", 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=65470
- 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