# TEXAS BAY
Houston, TX · NCUA charter 67465 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/texas-bay-67465

Who the members are: state charter, organized 1936, low-income designated. 61,095 members of 2,405,100 potential (2.5% of the field); checking penetration 51% (share draft accounts per 100 members); loans per 100 members 66.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $902.2M |
| Members | 61,095 (2.5% YoY) |
| Full-time staff | 178 |
| Net worth | $69.2M |
| Net worth ratio | 7.7% (p5 of band) |
| ROA (annualized) | 0.17% (p15 of band) |
| Total delinquency | 0.64% (p54 of band) |
| Net charge-offs (annualized) | 1.26% (p94 of band) |
| Loans / shares | 90% (p79 of band) |
| Cash / assets | 10.8% |
| Borrowings / assets | 7.83% |
| Net interest margin | 3.55% (p57 of band) |
| Operating expense / assets | 4.58% (p89 of band) |
| Vehicles % of loans | 42% (p75 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 57% |
| Third-party paper % of net worth | 241% (p81 of band) |
| Vehicle delinquency | 0.60% (p52 of band) |
| Vehicle NCO | 1.28% (p68 of band) |
| Repossessed % of vehicle book | 0.21% (p81 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 8% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 49% |
| Average share balance | $8,316 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $20.1M |
| Loans outstanding per 100 members | 66% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $16,913 |
| Loans granted, annualized | $260.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $20.1M outstanding purchased (29.0% of net worth), $0 sold and retained. Sold in 0 and bought in 7 of the last 8 quarters. Shares 4.0% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **charge-offs p90** (`aq_nco_high`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 6 | expense trap, delinquency 2x band, charge-offs p90, repo signal, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 5 | loans>95% of shares | delinquency 2x band, leaning on borrowings |
| 2016-09 | 4 |  | repo signal |
| 2016-12 | 5 | leaning on borrowings |  |
| 2017-03 | 7 | delinquency 2x band, repo signal |  |
| 2017-06 | 7 |  |  |
| 2017-09 | 7 | delinquency rising | repo signal |
| 2017-12 | 7 |  |  |
| 2018-03 | 7 | repo signal | delinquency rising |
| 2018-06 | 7 |  |  |
| 2018-09 | 7 |  |  |
| 2018-12 | 7 |  |  |
| 2019-03 | 6 |  | loans>95% of shares |
| 2019-06 | 7 | net worth falling |  |
| 2019-09 | 8 | margin squeeze |  |
| 2019-12 | 8 | loans>95% of shares | net worth falling |
| 2020-03 | 6 |  | margin squeeze, loans>95% of shares |
| 2020-06 | 5 | net worth falling | delinquency 2x band, repo signal |
| 2020-09 | 6 | delinquency 2x band, repo signal | net worth falling |
| 2020-12 | 5 |  | leaning on borrowings |
| 2021-03 | 4 |  | repo signal |
| 2021-06 | 3 |  | delinquency 2x band |
| 2021-09 | 4 | delinquency 2x band |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 6 | repo signal, leaning on borrowings |  |
| 2022-06 | 6 | delinquency rising | repo signal |
| 2022-09 | 8 | repo signal, loans>95% of shares |  |
| 2022-12 | 8 |  |  |
| 2023-03 | 7 |  | delinquency rising |
| 2023-06 | 8 | net worth falling |  |
| 2023-09 | 7 |  | net worth falling |
| 2023-12 | 7 |  |  |
| 2024-03 | 8 | thin capital, losing money | loans>95% of shares |
| 2024-06 | 8 | net worth falling | delinquency 2x band |
| 2024-09 | 6 |  | expense trap, losing money |
| 2024-12 | 6 | margin squeeze | net worth falling |
| 2025-03 | 5 |  | margin squeeze |
| 2025-06 | 5 | net worth falling | repo signal |
| 2025-09 | 5 |  |  |
| 2025-12 | 4 |  | net worth falling |
| 2026-03 | 4 |  |  |

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

- 2026-09-02 [The best credit unions near Houston - Chron](https://news.google.com/rss/articles/CBMiakFVX3lxTFByd3FwR2MyYUVxZW9EdktCYWRyR3lKWjlCRTBzcXlnSUN2NUYxYzNaTmZqMEdPWThnY3dHblpUTUw5STJKU05idWEyREpoOVJrSXg3MmRuay1MeUI2N3lJLVRvT21hbkpFdWc?oc=5) · Chron
- 2026-04-03 [Are banks open on Good Friday? What Texans should know. - mysanantonio.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxOM0U0UW1qb3R2LXFKQ0lBWTNuTXdxR2kxWV95cjhrbmhrTV9PbThrTEtob2JDakRSZ1QwbW9OMjdNaWJBcmlXYzZhemUyZE5hVS1hN3lqN3hleC1hbEpRZ1pDZWkxcktWYTdJQ1dXQW9pc1FONHhlRFVCMTEzem9EaU5aVW94OXhGSG1YNUx2RVhWWklG?oc=5) · mysanantonio.com
- 2024-09-04 [Texas Bay Credit Union to move headquarters as firm grows Houston presence - The Business Journals](https://news.google.com/rss/articles/CBMipwFBVV95cUxNNEVraHpuV1NrZU5vaFNMb0g0SHhxUkg3OWROS1dhNmNraG5ZZi1OaGNhOUt1MXd6aDJaZHJlaXdObkdLN19IYTYyWWp1REtwam1yQTlXd0EwMGhJZERlSnhsYVlCZlBfeGVTaUJFdUtuMEFyRThOemNIWXJieFVyd1pMZ29CcF9vd25GSW44bjhFMWxISmVFbXpZOUpDNG9TVnFGUFYwdw?oc=5) · The Business Journals
- 2025-09-12 [Houston Dynamo FC and Houston Dash to honor Hispanic Heritage Month with Noche Latina celebration - Houston Dynamo FC](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNX0JqZ2tkZnBIZ1VfWEltd08yNlMwR1dTQmI4c0p2bFVNTGVGUjhmU2l3X2Y2TFczaEFfZkZHRkd2ZTNHeVYwaHFNWlZHdV9zREhrNThvUEVVenY1bTQwMExlQkQwamdld2tHbnk2VnFVOWZYSVFmWmVERkNINF9wRl9ZaXo0RmlWNFNRR0szQU5iRDJaa01rMGtkWWRtV0U5RV9sdTFHSmFkSUJwVjd3RGlqT09Pa3pTeldSUFNJTm5MX1pkZGdpaUJzWjEzUTY4cFVCNUJDOA?oc=5) · Houston Dynamo FC
- 2025-04-18 [Houston Astros Set To Host The San Diego Padres, April 18-20 And The Toronto Blue Jays, April 21-23 - mlb.com](https://news.google.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?oc=5) · mlb.com
- 2014-08-11 [Texas Bay Area Credit Union stays put in north Pasadena - Chron](https://news.google.com/rss/articles/CBMitgFBVV95cUxQR3FueDZXZDNPN1ZoREpqbEZIeGdzQzZ0Nm5GcnlhU0h1RUtSLWJFcjZuOEJXcTEzRExKLTBwVnBNdTZpVjZXcXBJNWFuQ0JVTzlCX1Nuald3bC1SR2oxMHR4NmlxQ3RycXRBcXBDSmJwX0c4bWpQbVRsaVdRdnBxLVF5WC1CMWNXdF9IcWRUMDBqTnlScGh3cVZjU3R6MExkSDRsZk5IakpWZFBEMEhsb3I2cWt3UQ?oc=5) · Chron
- 2024-08-28 [The Astros return to Minute Maid Park to host the Kansas City Royals in a four-game series - mlb.com](https://news.google.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?oc=5) · mlb.com
- 2025-01-09 [Youth Development Through Soccer - Houston Dynamo FC](https://news.google.com/rss/articles/CBMiakFVX3lxTFBQWGZONjdMUFV0UlBOajRPOHNIZUgzQTB2YlFFNFZqSkp0TnVKeVhRaGtHYS1ic1BaMGN3MjREc1J0cFFzcW11eEIxSmZUcGtJZUZzZTdiU3FKSHJDTHVrQzBGUl9RdkVFSnc?oc=5) · Houston Dynamo FC

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67465 (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/9.json (key "67465", 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=67465
- 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