# MOUNTAIN GEM
NAMPA, ID · NCUA charter 65858 · asset band <$50M · latest filing 2021-06 · stopped filing after 2021-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mountain-gem-65858

Who the members are: state charter, organized 1956, low-income designated. 2,289 members of 747,000 potential (0.3% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *stressed*. Composite score 12 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $19.5M |
| Members | 2,289 (-14.2% YoY) |
| Full-time staff | 7 |
| Net worth | $1.1M |
| Net worth ratio | 5.5% (p2 of band) |
| ROA (annualized) | -1.13% (p6 of band) |
| Total delinquency | 0.56% (p58 of band) |
| Net charge-offs (annualized) | 0.86% (p90 of band) |
| Loans / shares | 55% (p61 of band) |
| Cash / assets | 46.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.60% (p58 of band) |
| Operating expense / assets | 4.88% (p90 of band) |
| Vehicles % of loans | 64% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 25% |
| Third-party paper % of net worth | 148% (p98 of band) |
| Vehicle delinquency | 0.70% (p68 of band) |
| Vehicle NCO | 1.71% (p96 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 21% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 56% |
| Certificates % of member funds | 14% |
| Average share balance | $4,885 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $8,327 |
| Loans granted, annualized | $3.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, loans>95% of shares, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 | losing money | loans>95% of shares |
| 2017-06 | 5 | delinquency rising, loans>95% of shares, 3rd-party paper>100% NW | losing money |
| 2017-09 | 4 |  | delinquency rising |
| 2017-12 | 6 | net worth falling, losing money, delinquency rising | loans>95% of shares |
| 2018-03 | 6 | members leaving | losing money |
| 2018-06 | 7 | delinquency 2x band, loans>95% of shares | net worth falling |
| 2018-09 | 8 | losing money, charge-offs p90, assets shrinking | delinquency rising, delinquency 2x band |
| 2018-12 | 9 | loan book shrinking |  |
| 2019-03 | 7 | expense trap | loans>95% of shares, losing money, charge-offs p90 |
| 2019-06 | 7 |  |  |
| 2019-09 | 7 |  |  |
| 2019-12 | 7 | delinquency rising | assets shrinking |
| 2020-03 | 7 | losing money | loan book shrinking |
| 2020-06 | 10 | net worth falling, margin squeeze, loan book shrinking |  |
| 2020-09 | 11 | capital below 7% | delinquency rising |
| 2020-12 | 12 | delinquency rising |  |
| 2021-03 | 9 |  | expense trap, losing money, delinquency rising |
| 2021-06 | 12 | losing money, expense trap, charge-offs p90 |  |

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

- 2021-03-05 [Industry leaders tout Idaho’s financial rebounding - Idaho Business Review](https://news.google.com/rss/articles/CBMixgFBVV95cUxObDV3eXlZVWt0RTMyaXU3MHhYUEFITTNyWlRhNU9BVXFvV1VKTUV0MXpLSDZrR2pvY1VweURjdm1fRjBhVkxCbWwwQzRPQ3djQmtzZS1fbzFYU2xjdmEyZHFpeGQ1c0M3N2ZjT043VVBqbDhqelEzTllrWmhlc3BXejMwbjNHemZUN3pQdW1OTTlRWVpRM210Wk04QkIxN2l3UFdzN1hjd0RQczl2c1hMVTZkVGVKR1J5by1Da3Y3ZlFuNF9SU3c?oc=5) · Idaho Business Review
- 2024-07-24 [P1FCU celebrates Loseth’s 35-Year tenure as President and CEO - Clearwater Tribune](https://news.google.com/rss/articles/CBMi9AFBVV95cUxOX1E4Mkw0aXRJanJqTGRmNWlYQ3Rpb1YtMkstc3o3ZFdFTFBxM19BeTJIVXNrX2lQd1d3X3V4a0twOGk3emoxMlBDOER6dXEwdlYwa1BYaFJ6dEFHazN0RWFfdEt1NTEzRXc5Q2lDMW9DdUFXcTVGakluUTRsN1dDTTgwNEVGUW9BelFoRGMwRVlnNnhLYUZEZ0U3SU9GTW1FVGl3bEdvVE9yek1mdmd1ZzdwRjNXcXh2dy1HQm5xbnBrb2o3MVdqZUJ3UkNCeUV3M3I1M1E5MkNLbkVDZkZTWE04M0hEb084N3NzOEpGMUJFcnk3?oc=5) · Clearwater Tribune
- 2019-04-24 [Weiser to get an Icon Credit Union in July - Idaho Business Review](https://news.google.com/rss/articles/CBMijwFBVV95cUxOMTZ3bGZiaGhsRGxJR1padVktWGotTWpwX1RJTG1iR0ZhZGh6NW11RWs1c1JCSnp3OFpLd19BQ19LbDdLcDZiNHk5d295dkFBNURFWmJMTGc4emRsNjQxSWE1MTc4dnVlU1c1dk1yZ2FmNkdaMzR2LVpyT2FrS20xTWl0ZU5LV3ljbHF5UHpzMA?oc=5) · Idaho Business Review

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65858 (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/2.json (key "65858", 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=65858
- 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