# LAKEWOOD
Rib Lake, WI · NCUA charter 66999 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/lakewood-66999

Who the members are: state charter, organized 1961. 1,130 members of 62,500 potential (1.8% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 2445.

**Verdict on the desk:** this could be *participation buyer*. 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 | $14.9M |
| Members | 1,130 (-0.3% YoY) |
| Full-time staff | 4 |
| Net worth | $1.7M |
| Net worth ratio | 11.6% (p27 of band) |
| ROA (annualized) | -1.40% (p8 of band) |
| Total delinquency | 1.28% (p67 of band) |
| Net charge-offs (annualized) | 0.05% (p55 of band) |
| Loans / shares | 83% (p84 of band) |
| Cash / assets | 13.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.95% (p53 of band) |
| Operating expense / assets | 4.61% (p72 of band) |
| Vehicles % of loans | 27% (p16 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 34% (p93 of band) |
| Vehicle delinquency | 0.59% (p54 of band) |
| Vehicle NCO | 0.42% (p79 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 18% |
| Average share balance | $6,016 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.3M |
| Loans outstanding per 100 members | 2445% |
| Loans granted per 100 members, annualized | 22% |
| Average loan balance | $393 |
| Loans granted, annualized | $8.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.3M outstanding purchased (76.4% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 13.2% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)

## Warning timeline

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

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

- 2026-05-27 [Kehlani Takes the "Kehlani World Tour" Across North America With 33 Dates This Fall - That Eric Alper](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOVnZIdW5RdEM1UGF1d0JTZlVGRm9fV2ttRzFWZ1ZqckdVWHVpNy1WXzlnV3dTVExVUWJJeExYSk05d2M5R2VOQkt3ZHZQdkU0UzBscW80YlBHUnlES0lCN3dieF9UU3huZUFKeGdkNzROSHNoMFF2YXlBZWF5UnZwR01pYVFVTFZtc2ZacjNKZ0JyeXpZQUlBNFVkLWlSYmE4UW0xUjlnNzU2NVZyX3UtY1lmenZBUDd1Wm9hVHBEWVI?oc=5) · That Eric Alper
- 2025-01-02 [How many credit unions acquired banks in 2024? An industry M&A analysis | Credit Union Journal - American Banker](https://news.google.com/rss/articles/CBMiuwFBVV95cUxQRXVobmhmLTlwUVhUSGhzUFNydE44NGZZekt6VlJsa0E0a2cxOV9fTEgwa2tHV0dpTXIxSEI2NUxQTERjeDNLSUlfWkJ4QXdzQzJ4QU9fN2RSUjVpTmJGQmJQSmxJd3NXQ04zSXJWMDU0cC1VenNxcXM4Y3hGXzUwUTAzYzZzeGtzeWU0X2RKN1RVWjhCaUg2QVl4U0xOV01vcUVrOTR1dHFYbTFiMmR0QWtkSzI2TzlLYzJn?oc=5) · American Banker
- 2025-09-26 [Shaya Prager Sinks Deeper into Midwest Real Estate Trouble - The Real Deal](https://news.google.com/rss/articles/CBMipAFBVV95cUxOWHYzMENHbDVJbDNqa25ITVpLV005YU1TbUp4Sy1VOTB0UXp4bV9fZHllMlVMY3JvS1o5bGtLQlRQd1paYldGRE1iVURmLW02WjlzNUQ0VjVuSkxLdDA3NUxGYTVseFZxLXVfbXR5aVFCcEVROUtCbm5UZnlwOUZUOVNaZ1JpdnpJTmdCQjBuc3lNYzBTTW5Ob3N2UmJ5Q3ZhMEtiRg?oc=5) · The Real Deal
- 2022-09-21 [Western WA credit union serving 3 counties gets new leadership for first time in 15 years - thenewstribune.com](https://news.google.com/rss/articles/CBMidEFVX3lxTE1VVFFJZmFoaWhwSlJBNkg1UjhBSXltSEpuenBYdG1QNVpYNDYzdnRWVUtUT2NhWTJCcEc3WmM2ZkpPbU1DeXRKMUxKWElEV3hJaUJaQTB0ZGQ5TkJHWXU5UFNfcmxCS05sbWRfMzNzcGVwQ1NJ0gF0QVVfeXFMTjQ3a3NldGdneVRvTmhUSi1CNm5CQVpQNEpreklScUhqU0QzYTNKVHdRUlVyZVh1MWZFN0I0TkZDQnk2eDJvc0lYazlaNVBzUVZxUEp5ZkhlN1JhdzVZSmZoVjhIdzlWaDVKNmZTT1QxcFRqUHo?oc=5) · thenewstribune.com
- 2023-01-11 [DFI appoints new director of credit unions - Point/Plover Metro Wire](https://news.google.com/rss/articles/CBMidkFVX3lxTE1BVVJsakxSZUZvb1F2azQ2M1FUQWRwcTZUS2tNZVE1bU9veFNYTjFBSHpkdmRyQmF0YWxnbC1rWHZFWHZ0eG5hRTFnUUtsd2d2MzVYZlotWXI3a3VwWnNwVmJ5ZTA5SlI3aGdnalZPLXpGbGZSMVE?oc=5) · Point/Plover Metro Wire
- 2024-01-17 [Google Wallet now supports 44 more banks — here's the new additions - androidpolice.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNc2tTNzBQQjlWRmhZQnBFTFdzVlVWWDBwcUc0TkhyNWl4T1dfM0hLU3oxNDZPdlhqWV9mWmEyd3VRWVA0enVPaWk0SGFwSm9QM2E2X2M5ckpOblU2cF9lQkNZbzl6alFweWE0M25fYVZQdVBqV3BtNzIzRDJYNjhZTWw1QkZBUHI5VDBlbmVB?oc=5) · androidpolice.com
- 2024-01-17 [Google Wallet adds support for over 40 more banks including Venmo - 9to5Google](https://news.google.com/rss/articles/CBMiekFVX3lxTFBFRngyX0h6VU1CeWUyekdkbkZZZVNmUXJCOTRqb0w5T1lDR3VVTV9uZi00T3VzTXh5VVZraEJhaGFZTFU5T1F0M1RDSlU3RkVMUlFVNF95Mk90WVk2bXQybE9YSjg3dEdNWVB2dnZtZnRFSzRlUE95cnp3?oc=5) · 9to5Google
- 2025-02-10 [HARDY Announces "JIM BOB" World Tour - Country Central](https://news.google.com/rss/articles/CBMidkFVX3lxTE9jd0JFZnB4cUhhQVRubHZ2aFRGMzE3a25zeGdDeF9FMnZYOHlzdGxmaHVHYVpXdUVrWVZBZUE1TVEtNVc5OHlEYlBRWVpoSmZlYnJlUW5Cb1ViTU1Ic2t5S3BaeF9aY0xTOXZ0Zy1wQXVfNHRPbXc?oc=5) · Country Central

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=66999 (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/55.json (key "66999", 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=66999
- 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