# MID-STATE
Carteret, NJ · NCUA charter 6739 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mid-state-6739

Who the members are: federal charter, community charter, organized 1950, low-income designated. 1,139 members of 1,000,000 potential (0.1% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 106.

**Verdict on the desk:** this could be *quiet fade*. 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 | $23.8M |
| Members | 1,139 (-4.4% YoY) |
| Full-time staff | 5 |
| Net worth | $3.5M |
| Net worth ratio | 14.9% (p50 of band) |
| ROA (annualized) | 0.21% (p33 of band) |
| Total delinquency | 0.14% (p28 of band) |
| Net charge-offs (annualized) | -1.05% (p2 of band) |
| Loans / shares | 29% (p13 of band) |
| Cash / assets | 62.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.10% (p59 of band) |
| Operating expense / assets | 4.10% (p62 of band) |
| Vehicles % of loans | 11% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 16% |
| Unsecured % of loans | 46% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 16% |
| Average share balance | $9,106 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $122,602 |
| Loans outstanding per 100 members | 106% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $4,774 |
| Loans granted, annualized | $662,000 |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $122,602 outstanding purchased (3.5% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 1.8% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## 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 | 1 | net worth falling |  |
| 2017-06 | 0 |  | net worth falling |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | net worth falling, losing money |  |
| 2018-06 | 4 | charge-offs p90, loan book shrinking |  |
| 2018-09 | 3 |  | net worth falling |
| 2018-12 | 4 | delinquency rising |  |
| 2019-03 | 2 | net worth falling | losing money, charge-offs p90, loan book shrinking |
| 2019-06 | 2 |  |  |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 0 |  | net worth falling |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | thin capital |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 0 |  | thin capital |
| 2021-03 | 2 | thin capital, charge-offs p90 |  |
| 2021-06 | 0 |  | thin capital, charge-offs p90 |
| 2021-09 | 2 | delinquency rising, members leaving |  |
| 2021-12 | 2 | loan book shrinking | delinquency rising |
| 2022-03 | 4 | charge-offs p90, assets shrinking |  |
| 2022-06 | 2 |  | charge-offs p90, assets shrinking |
| 2022-09 | 2 | delinquency rising | members leaving |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | net worth falling |  |
| 2023-06 | 3 | margin squeeze | net worth falling |
| 2023-09 | 1 |  | delinquency rising, margin squeeze |
| 2023-12 | 0 |  | loan book shrinking |
| 2024-03 | 3 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2024-06 | 2 |  | delinquency 2x band |
| 2024-09 | 3 | delinquency 2x band |  |
| 2024-12 | 1 |  | delinquency rising, delinquency 2x band |
| 2025-03 | 0 |  | loan book shrinking |
| 2025-06 | 1 | delinquency rising |  |
| 2025-09 | 0 |  | delinquency rising |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 2 | members leaving, loan book shrinking | delinquency rising |

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

- 2026-02-09 [Chris Stapleton Concert Setlist: Discover the Average Song List - Ticketmaster Blog](https://news.google.com/rss/articles/CBMiZEFVX3lxTE9UbjV5Zk55SjdNa2h0UHVXR0V0bkZ0dFAzWWxSR0doSlZkcVRzRjc3eDdRWTZJeFNwbWhfWnk0Yl9lVkJtU2ktSTVINTNScXllQ2Zpb2ZMakdkOF94UHNpV1hoOS0?oc=5) · Ticketmaster Blog
- 2026-01-15 [Here's All The Pre-Sale Info You Need for Chris Stapleton's 2026 ‘All-American Road Show’ Tour - Holler Country](https://news.google.com/rss/articles/CBMixAFBVV95cUxNUUZHSWIzdjNLMWVmcU9OREJwMmxsSkNFZTVaRVlJdFptcXNLZnVlTmhtWGtjS1V1T1F5VS1IU3B1UnpDMnhaX2RsYWNFSmgwbEFYX19QMGNYWEw5LXdQQlVWQm91ajlvRmVOZFJEWTZPdG1yYXBreFp4bXRQcjVCVjc2clZaTmtIbllxbHdOUXA0TVdaUGsxZHJVaWtGaDhnTXZoQnJOQ1pWd21VUjh4Q2JIbklVMlhLOEJZbmJ4NkR1b1hu?oc=5) · Holler Country
- 2026-01-08 [19-time Country Music Association Award-winner announces tour with Lainey Wilson - MLive.com](https://news.google.com/rss/articles/CBMivAFBVV95cUxPVklOcmZoVG1zRkhXakotTTQtVXdtTXBiMTJNbWdFSTZKdmhnaVNwcTNad0lWWTVaQnJ5OGVmZFVvNWo2ZjhCSEYwZGtuRWE0anRtWjdlZFZsRjJCNW1uVlFRLWhkQlY5YWpiTnVvU0R4SjI5aGc4VHJlVTNmSTd3RGh5Z0FKaTZnS2dhSE5QWVBVY1R5VFpJOS1JUkJEVGgzSXFvckZjWjhRY01WaFRES3N5YzI1a25MTmJ4OA?oc=5) · MLive.com
- 2025-05-06 [Derek Frank to Drop New Single “Barker’s Boogie” - Bass Magazine](https://news.google.com/rss/articles/CBMie0FVX3lxTE4xR0h0U0lZN0U5U19QV1h5cmdqRXZZU3ZHQ3VpVk9hMzRBbExpZDVqc01NMTRONTNOamNQRzBMNHdFUkk4QkhKOXR6bl9pOUY3QVVqODBZUVE1OWxRSGRVWFB2NVRwNVBPWTFpMVh5WEtnZlkwTVE0cnM2WQ?oc=5) · Bass Magazine
- 2026-07-06 [Megadeth cancelled yesterday’s performance in Portugal - chaoszine.net](https://news.google.com/rss/articles/CBMiggFBVV95cUxOakh0OHlFaTRrTUh0SkxrMnZiM0ZOSzJRMk02R3BhNnVCRFJ2YWhlb1VzWTNIcmtaZWpsQnpxbDV5c0tzaWpYUDlSQVh6SFVmZHE1S1l5ekdVOWdQS2pxTmVrSTlwRlFyLXJ4MWNuSGRnVnhjMmY4WVZ5bThMeEc0MGhn?oc=5) · chaoszine.net
- 2011-08-12 [Jayson Williams to transfer shortly to NYC jail - San Diego Union-Tribune](https://news.google.com/rss/articles/CBMinAFBVV95cUxNMHpvYkpWWmdMXzJTRUxDakZIZ3dUUDloeVV3d3RuWWczRXA0RkV5WW4tMmRoSzFFLWd6Z1B2X200U1JTZ2poZ1IxeHVfWWRXZFdoMzlEVk9Rb3Fyb0ZSd3V0dFE4RjNVVGFMa2VESENDaTlEUlk2Y1ZKZzRYRTJqY2VvRjBKVy1PWjhERmk0TTctN0ZHTDRQcjFlckQ?oc=5) · San Diego Union-Tribune
- 2015-06-23 [Eddie Trunk Official Website - Eddie Trunk](https://news.google.com/rss/articles/CBMixAFBVV95cUxNaXdiakNZOG9vcGlFRVJtX0h5RHZ0MVN5clJYUHEwTHl0QjZmXzRXeDV0cXMxdndDTUJIWGRmbUZkVV9Rakh5ajF6NlFRZHczeUV1SmxRNHZmS0NtOTNHNFNBUmhnM2pOUUVIeVJoeU00bEJoRF9mek9kZWtMNGVIYzZVYnBWbldoXzFjTHRDdHhOMW5CMnRsYUpockNsZlJRX0RfMFUyRjFNUG9JbG9KUjhSQUhzV2l3S3BJaDdOSEFHamlO?oc=5) · Eddie Trunk
- 2009-06-23 [Joseph Schwalje Obituary (2009) - Neptune City, NJ - Asbury Park Press - Legacy obituary](https://news.google.com/rss/articles/CBMiigFBVV95cUxNVEVweXllQ2N6czlwcXUxeG1rNXVSS2xfQlFHcXoxMVVGdVRUem1zWmMzSGd0YUE2VFdaUTRqWk82RGpXR3ZXSHpJSlJNaldUZlE1YTZTQTJldjRkcy1fR0M5amVhc0N0RldVcm9HYlI3YWw3MV8tTkxfU190ZkdEa1lNN2dmWVhrQXc?oc=5) · Legacy obituary

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6739 (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/19.json (key "6739", 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=6739
- 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