# SAN JOAQUIN POWER EMPLOYEES
FRESNO, CA · NCUA charter 66788 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/san-joaquin-power-employees-66788

Who the members are: state charter, organized 1934. 6,531 members of 69,633 potential (9.4% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $173.3M |
| Members | 6,531 (-0.1% YoY) |
| Full-time staff | 6 |
| Net worth | $26.6M |
| Net worth ratio | 15.3% (p84 of band) |
| ROA (annualized) | 0.36% (p29 of band) |
| Total delinquency | 0.05% (p3 of band) |
| Net charge-offs (annualized) | 0.01% (p10 of band) |
| Loans / shares | 86% (p83 of band) |
| Cash / assets | 23.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.53% (p0 of band) |
| Operating expense / assets | 1.23% (p2 of band) |
| Vehicles % of loans | 31% (p38 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.09% (p11 of band) |
| Vehicle NCO | 0.04% (p18 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 36% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 114% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $21,800 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $30.3M |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $48,695 |
| Loans granted, annualized | $30.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $30.3M outstanding purchased (114.1% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares -1.1% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## 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 | 1 |  |  |
| 2017-03 | 0 |  | net worth falling |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 0 |  | delinquency rising |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 1 | delinquency rising |  |
| 2019-09 | 2 | net worth falling |  |
| 2019-12 | 0 |  | delinquency rising, net worth falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 0 |  |  |
| 2020-09 | 1 | net worth falling |  |
| 2020-12 | 1 | delinquency rising | net worth falling |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 | net worth falling | delinquency rising |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 | losing money | net worth falling |
| 2022-06 | 0 |  | losing money |
| 2022-09 | 3 | net worth falling, losing money, delinquency rising |  |
| 2022-12 | 4 | margin squeeze |  |
| 2023-03 | 3 |  | margin squeeze |
| 2023-06 | 3 |  |  |
| 2023-09 | 0 |  | net worth falling, losing money, delinquency rising |
| 2023-12 | 0 |  |  |
| 2024-03 | 1 | losing money |  |
| 2024-06 | 0 |  | losing money |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | delinquency rising |  |
| 2025-03 | 1 | net worth falling | delinquency rising |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | net worth falling |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | delinquency rising |  |

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

- 2009-12-02 [REBECCA BECK Obituary (2009) - Fresno, CA - Fresno Bee - Legacy obituary](https://news.google.com/rss/articles/CBMijgFBVV95cUxOY0FqUjhCQl9zOHlNck5nWXFNWC00eVdtQVN4VGttV2ttRVllUElCWUYzRGVuYnRmSUp1dUVtOHUwVHoyM2VrWVIxMmRicS0zM0Y2ZEdSLW5GcHNSWjVLaDZUNVppRGhpWW9BYTJsS0U2NDc4TVVpX2JYQy1EcElVQWhkZmkwT2Z1MldoNmhR?oc=5) · Legacy obituary
- 2015-12-20 [JOANN PARKER Obituary (2015) - Fresno, CA - Fresno Bee - Legacy obituary](https://news.google.com/rss/articles/CBMijgFBVV95cUxOQl94YUJrUllEX2V6OE1rbWR3alVZX2FnU0doRmVsOG5GS21NeU1GQXM3RFJvQjl6cjNqbUtaRzR4RDZ5VnBKRy1ZNUhXUFBkRmVKUkY3Q0lTLU1JVGEtTThzMDZNdUJORnVPQXluWmFpU0UyellhNzNUb1hUaEFfZkFReFp2dDBxc1E3XzhB?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66788 (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/36.json (key "66788", 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=66788
- 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