# THE STATE
CHARLESTON, WV · NCUA charter 67222 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-state-67222

Who the members are: state charter, organized 1988. 8,433 members of 40,000 potential (21.1% of the field); checking penetration 43% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $94.9M |
| Members | 8,433 (0.4% YoY) |
| Full-time staff | 15 |
| Net worth | $17.9M |
| Net worth ratio | 18.8% (p87 of band) |
| ROA (annualized) | 1.04% (p67 of band) |
| Total delinquency | 0.06% (p7 of band) |
| Net charge-offs (annualized) | 0.01% (p18 of band) |
| Loans / shares | 67% (p61 of band) |
| Cash / assets | 41.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.57% (p46 of band) |
| Operating expense / assets | 3.13% (p35 of band) |
| Vehicles % of loans | 56% (p69 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.10% (p16 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 75% |
| Certificates % of member funds | 22% |
| Average share balance | $6,267 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $15,923 |
| Loans granted, annualized | $18.0M |

## Flags firing in the latest filing

- none

## 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 | 2 | delinquency rising, members leaving |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 0 |  | members leaving, delinquency rising |
| 2018-03 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 2 | delinquency rising, members leaving |  |
| 2019-06 | 1 |  | members leaving |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 2 | delinquency rising |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 0 |  | net worth falling, delinquency rising, margin squeeze |
| 2021-09 | 1 | delinquency rising |  |
| 2021-12 | 0 |  | delinquency rising |
| 2022-03 | 0 |  |  |
| 2022-06 | 1 | members leaving |  |
| 2022-09 | 0 |  | members leaving |
| 2022-12 | 0 |  |  |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | assets shrinking |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 | delinquency rising | assets shrinking |
| 2024-06 | 1 | auto monoline | delinquency rising |
| 2024-09 | 1 | delinquency rising | auto monoline |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-07-03 [REV Federal Credit Union arrives in West Virginia with acquisition of First Neighborhood Bank - The Parkersburg News and Sentinel](https://news.google.com/rss/articles/CBMi4gFBVV95cUxPRV8yLTVGYVVOTWtaSTY4ZEM0NDBVWTQ1LVY0TTJlQWVxMGRoTjlwOTZjem5fNkNpeHExR0ZWbzJFeE5ZWEJKTUUtTS1UcTMtY1hSZFJ1emxrODhQMnBIMTNseUVEbzM1QTlKTlhPV2pYcnpOVVZ5UlpXVHJGeDdmaDVWVE9taG1ZQW4teHpVQVBZWjNzeDlrWGZmY0RuY2ZfME1QWWlWRl9kY1BsaHZOOHRUbXZpQTVjQTh3TmJ3eV9lUTJfckp4T0M0UTNSRE1zOTJPRHdZck1wWldCTGdEOXl3?oc=5) · The Parkersburg News and Sentinel
- 2026-02-09 [Credit unions blast new Washington state tax on bank deals - American Banker](https://news.google.com/rss/articles/CBMimgFBVV95cUxPZVdsVzY4cWZJN21uYlF0dG93N2lzOXFGNjNPamwwMUdnSnFFMTRGNkRFaUJYSng0eTBnX3ptZ1FZRkRsbWFZV1J4VkUtYVZUVU9aa2RyTWkyRzJKQS1URW95ZkZ6eU9kVDRVcFU4U2dHWFd0OGI2WGZUZTMzMFhFazY3TnljZ2FubXZMc044OWVFd1B3THhzeUdR?oc=5) · American Banker
- 2026-03-05 [West Virginia House decides allocation of medical cannabis revenue - WOWK 13 News](https://news.google.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?oc=5) · WOWK 13 News
- 2025-10-22 [West Virginia has collected $34 million from its medical cannabis program. It hasn’t spent a penny. - mountainstatespotlight.org](https://news.google.com/rss/articles/CBMihgFBVV95cUxOdmZ1czRnRXg0SEdrRDdzNWFiTUYyU2tpanBkT1QzMDRuZTkyNkQ3eDhyRFBucUo0M2RqY0VjTDlCVUZ2WGlJc3YwNDEtcnBGNGFJTEhaYk5KRDQ1SXZ2UUwxanlRM1dGTDZPMzdYR0F6NmNkNHpoa3gwU3hPT0U1MkNKNnFKUQ?oc=5) · mountainstatespotlight.org
- 2025-10-23 [West Virginia Medical Cannabis Fund currently in limbo - WVNS](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQcFZuZnIyWUNURVRTQ2poa1lMa0dxcmJMVWVXVkJ6eEk5MGxrTENPS1VOUFJxemRLMXN5Umg0MjVzaVNacmxsMXNITnNRc0tlcHNqelRlcDNjZzUxR3Y0MkFnN1hhSEE4OU1SRnBFNkRWTzFsS0RLbi1nX3dhQTkxSXpqQ2EycWpmS0xn0gGQAUFVX3lxTE16SjZMcTVWVU0zb1pjeFl2ZmFHcV9sZkwtZEVjTWd1TVRROXdxMWh4ZUZ5a2F6ODZmdDIycHBxY1VPUG42dzdIcGFqczhHbVlHa25wMWRoR0tRRWdkMC1ZTS1sa0tsZmF1QVFlNEhUeDNrWkoweGhpUDZjZmJLTWdVOVh0RjJ0RXZ6VEd2Nmhpdw?oc=5) · WVNS
- 2025-10-28 [West Virginia has collected $34 million from its medical cannabis program. It hasn’t spent a penny. - Black By God](https://news.google.com/rss/articles/CBMi0AFBVV95cUxOWVZfQ0wxeE54V25Fd0VfUG9lS0ZHNi1MXzdzNkNETVRzS3B1elhBSFpYZnhtUVJtWFhneXFXZnI1SDg3WUYxay1fMzBtdUxkN1dGa1lvemZpa0lVUHpNdm8tVXZfRFA3cmdKRTJoZVRPcWtxT2F0cXRxMF8zZUVISHVsUzQ4bTVlLXpUSFZFdjZYZFhTY0RMSHl5Q2FueUM3a05JeGwzLV9aTkh3bEVUczdDU0otQTBxalpyRUV0aGhaU0Fjd3FkdXdhSFdUR3ZD?oc=5) · Black By God
- 2025-04-30 [States Lose When Credit Unions Acquire Banks - Tax Foundation](https://news.google.com/rss/articles/CBMibkFVX3lxTE9kUmRIaUpEYXlWMG9ZQ01lbi0yVjQ0bDMxR2swelMxNlRiWVd4X0NKcVY3U0NiMEpqLXJkS0JGSHhCLUJPSjIzZzBCdjM1cmhDZnNUR2N2eWVFM3ZnaU1BT2taWUZKeE9XbktQcWpB?oc=5) · Tax Foundation
- 2025-06-02 [Bhatt: States lose when credit unions acquire banks - The Detroit News](https://news.google.com/rss/articles/CBMitwFBVV95cUxOY04xMEpoVlhoQi1iY1RuRkFkMDcxVWZOaEstMVBKZTliRmR5ajRjZmMtbVc3TnBmeUtrWl83MVBtUldkT3I1Ri1PdWZRb0F2YW5mRFpnc1dsWW1xR2VhTXVUYkI2M3ZQYlBKVll0VHlueTZmbXdPMTRKa0xkMWh6TXlQQTZvVWFxNkdRcERwUl9kcVBoMmJENUpJSnVVQ3NXWEhtYzN5WXR1Q2gyRGgtclRrVzdfZzQ?oc=5) · The Detroit News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67222 (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/22.json (key "67222", 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=67222
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide