# SOUTHERN PINE
Lake Park, GA · NCUA charter 67403 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southern-pine-67403

Who the members are: state charter, organized 1991. 1,235 members of 7,000 potential (17.6% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $29.8M |
| Members | 1,235 (-11.3% YoY) |
| Full-time staff | 5 |
| Net worth | $6.5M |
| Net worth ratio | 21.7% (p79 of band) |
| ROA (annualized) | 0.77% (p59 of band) |
| Total delinquency | 0.77% (p55 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 74% (p72 of band) |
| Cash / assets | 41.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.60% (p38 of band) |
| Operating expense / assets | 3.22% (p38 of band) |
| Vehicles % of loans | 31% (p19 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 | 59% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 80% |
| Certificates % of member funds | 3% |
| Average share balance | $8,696 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $27,888 |
| Loans granted, annualized | $2.3M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | delinquency 2x band |
| 2016-12 | 1 | delinquency 2x band |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | delinquency rising |  |
| 2018-12 | 1 |  | delinquency rising |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 | losing money | delinquency 2x band |
| 2020-06 | 9 | thin capital, capital below 7%, net worth falling, expense trap, delinquency 2x band, assets shrinking, members leaving |  |
| 2020-09 | 9 |  |  |
| 2020-12 | 8 |  | net worth falling |
| 2021-03 | 5 |  | losing money, expense trap, delinquency 2x band |
| 2021-06 | 5 | delinquency 2x band | assets shrinking |
| 2021-09 | 4 | loan book shrinking | capital below 7% |
| 2021-12 | 3 |  | delinquency 2x band |
| 2022-03 | 4 | margin squeeze |  |
| 2022-06 | 3 |  | margin squeeze |
| 2022-09 | 4 | delinquency 2x band, assets shrinking | loan book shrinking |
| 2022-12 | 3 |  | delinquency 2x band |
| 2023-03 | 2 |  | thin capital |
| 2023-06 | 3 | delinquency rising |  |
| 2023-09 | 1 |  | members leaving, delinquency rising |
| 2023-12 | 3 | delinquency 2x band, delinquency rising |  |
| 2024-03 | 1 |  | delinquency 2x band, delinquency rising |
| 2024-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2024-09 | 4 | members leaving |  |
| 2024-12 | 1 |  | delinquency 2x band, delinquency rising, members leaving |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 | members leaving | assets shrinking |
| 2025-12 | 4 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2026-03 | 3 |  | delinquency 2x band |

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

- 2025-09-26 [Judge Dismisses Southern Pine CU Lawsuit Over Multi-Million Dollar Embezzlement Insurance Claim - CUTimes](https://news.google.com/rss/articles/CBMiywFBVV95cUxNbU0tb193WWFOajFSVjRwckNuVEtsMUNXY0N1dnMzN2gtTjBIUXZmdWNDNDBocGhaMDBUWVktemtMU1h5eXk2RDNQc1d3N2loUUt1SXJfUlkzcUxnLVdDSU1SbjYxVjhHcURFeHFlbUd2YklGU011TGh0LTRZZ1BMYXdMcUtQZnE3eHFzNHVMOHZoLVd6YmxuY0J0cVJsNnlIUUtfYlZ3T0RzT21CRkhFeS01VFMxT2tZSGhJZ3BUT1hES2NZU0J0UDZDUQ?oc=5) · CUTimes
- 2024-09-16 [Former Valdosta credit union execs sentenced for multi-million dollar fraud scheme - fox5atlanta.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxQVXltV1pIeXg5UFVjbFNBQ2Z3R0N2U1JGMlJxTDZsdThkb0xWeEhyOTRsMUJTZmluRlZib2RtT2RLd2Y4bEZCNWNHR09mRUJWVWQtYjJyMTJRNkNIYlJsbU1SekE4Y1NndElsa051R1JLSlJ2ZEV3azhSSjRGWW5xSGFwa2VaTlo3RVlhblA5ZjluR1F2MTFOLWN5T2xyTmhMOE5xaXpBR3ZvaGtXS2JqQg?oc=5) · fox5atlanta.com
- 2025-05-28 [Todd Harper sounds alarm on unchecked credit union chiefs - TheBanker.com](https://news.google.com/rss/articles/CBMiekFVX3lxTE94NXNsQko4SXU4UjRaQjdKWS1pUFJGU0dhcEk1cDZvbHU1eGwwSXJHOHZTRnk4Y0RmOVBpY2YtX3JOaFdaVi1TZmp5VlhWV0luTlNiNVVsT1hpR2lXcGNMZkFwMjZ4QW1oV1dpOGFoRGVackU5SjF0LXZR?oc=5) · TheBanker.com
- 2024-09-13 [Second suspect in multi-million dollar South Ga. bank identity theft scheme sentenced - WALB](https://news.google.com/rss/articles/CBMitAFBVV95cUxOVWhaTENkMEwzaV94MjNEWE5ndTJ6dWFDSjBXSkRkajM0c2FHNW1tUTBCM0lQSUtHaS1sRVp1UDhGTGZWV2tSbWZEbGZDRzNBd3FfYnJjcWhINEpTZzJ0MFNtYXEwQ1RncEJJczBXU2xvcHZvbDdPREd4dnFmUGdZWGxybmVqVWllS0pha3Y5SC16eUU2Y0NveVN4T1N3M2xPZmM0dlA3NUgyU0JWbGJUc2FsUUjSAcgBQVVfeXFMT3ZQWVg5Q3RvMW15eXF3bjNJZC1Bd1lCSXRhckpPeXlmZGNKR2xPM1I5U3RRTkY1bjZiZlhUX0pXN0VwX01uYXNqSVB1cFNvUjhiQWpPUUlyR2NQUzNUNkVVTG9rOHNVRVZVT1NhOW1VMnN1a0VYTVFlNUNWdG1PLXdRdDJzcXpPOGw5UTlyOTduQ1VlUkJRUW0xSHJjZ0NoMTJvVk1XQ1VUMzhnbUVPTXFYMlNWSHF6TDNxMTlDZ3pyMk96VEI4RVk?oc=5) · WALB
- 2025-09-22 [Credit Union, Insurers End Embezzlement Coverage Dispute - Law360](https://news.google.com/rss/articles/CBMitgFBVV95cUxNdUxtMk1HMDNlSHZYWjhqZVRTeER1d1JqbGtqQUM1ckZDSUdwUkpqUFJSaEJwQ0FmZFEwOGh6MnZib21PZUF5ZmRsWEhwNmtiUzFuX1lmeXpGRzdidlFWOW9ZdWxEUVNvYVZ6MnhaTjl5TXJvc0xHdEZWbEFxS2JnN05MMWJubUtxMDZXd0ZVeDhaV2Fnak02M1AxSld2UldfclMzYzZzbi1EQ2NkTVdsX2JLU2NBUdIBcEFVX3lxTE05S3AxTG5mOWltb1dVbmNjNkdNV1EtclFUaWxDNGVCWjdlREM2dmtfaHVoRE1wMjFmeFRwRlIybC1VZnFsSkxlYW5YaS1QWEhCM0JQeXc2VnpzTUFqdkdqMHlTN2s1V0p2SkZKRE5EY3U?oc=5) · Law360
- 2024-06-02 [Former GA credit union president sentenced to prison, must repay nearly $4.5M - WSB-TV](https://news.google.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?oc=5) · WSB-TV
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate
- 2024-05-31 [Former Lowndes credit union president heading to prison - Valdosta Daily Times](https://news.google.com/rss/articles/CBMinwFBVV95cUxONUFZeGRBWkxxMGtpWW4zU0ctZTRsVW85ZUoyY0JCUGNzWVUyakZUV01FUXFmdllKdUVhUGNwRW1sZmVlTUpNT2llQjRjRjRXZktWeTY3cVFoOUtTVk0xRDUyT0QydGpZVzNDVFRCb1huTmRvWkJrLWozamFMNTAzZTQwLXJwOUhjVDFuSmdEMVoxX05wTU1UQ0Q0emFreTA?oc=5) · Valdosta Daily Times

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67403 (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/11.json (key "67403", 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=67403
- 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