# CEN TEX MANUFACTURING
Brownwood, TX · NCUA charter 67602 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/cen-tex-manufacturing-67602

Who the members are: state charter, organized 1979. 1,279 members of 1,500 potential (85.3% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 61.

**Verdict on the desk:** this could be *auto monoline*. 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 | $15.4M |
| Members | 1,279 (-6.2% YoY) |
| Full-time staff | 4 |
| Net worth | $3.3M |
| Net worth ratio | 21.5% (p79 of band) |
| ROA (annualized) | 0.81% (p61 of band) |
| Total delinquency | 1.58% (p72 of band) |
| Net charge-offs (annualized) | 1.49% (p90 of band) |
| Loans / shares | 72% (p70 of band) |
| Cash / assets | 37.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.62% (p77 of band) |
| Operating expense / assets | 3.68% (p51 of band) |
| Vehicles % of loans | 78% (p80 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.89% (p78 of band) |
| Vehicle NCO | 1.74% (p92 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 70% |
| Certificates % of member funds | 28% |
| Average share balance | $5,453 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 32% |
| Average loan balance | $10,976 |
| Loans granted, annualized | $3.0M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | losing money, delinquency 2x band, repo signal, auto monoline |  |
| 2016-06 | 4 | charge-offs p90 | losing money |
| 2016-09 | 2 |  | delinquency 2x band, repo signal |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | charge-offs p90 |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 3 | delinquency 2x band |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 1 |  | delinquency rising, delinquency 2x band |
| 2018-09 | 2 | assets shrinking |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | assets shrinking |
| 2019-09 | 2 | delinquency rising |  |
| 2019-12 | 1 |  | delinquency rising |
| 2020-03 | 1 |  |  |
| 2020-06 | 3 | margin squeeze, delinquency rising |  |
| 2020-09 | 3 | delinquency 2x band | delinquency rising |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | delinquency 2x band |
| 2021-09 | 1 |  | margin squeeze |
| 2021-12 | 2 | delinquency 2x band |  |
| 2022-03 | 1 |  | delinquency 2x band |
| 2022-06 | 3 | delinquency 2x band, delinquency rising |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 1 |  | delinquency 2x band, delinquency rising |
| 2023-03 | 1 |  |  |
| 2023-06 | 2 | delinquency 2x band |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 4 | delinquency rising, assets shrinking |  |
| 2024-03 | 3 |  | delinquency 2x band |
| 2024-06 | 3 | delinquency 2x band | delinquency rising |
| 2024-09 | 3 |  |  |
| 2024-12 | 1 |  | assets shrinking, delinquency 2x band |
| 2025-03 | 4 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2025-06 | 5 | members leaving |  |
| 2025-09 | 4 |  | delinquency rising |
| 2025-12 | 2 |  | net worth falling, delinquency 2x band |
| 2026-03 | 4 | delinquency 2x band, charge-offs p90 |  |

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

- 2013-09-29 [Obituary information for Robert "Bob" Curbo - Heartland Funeral & Cremation Service](https://news.google.com/rss/articles/CBMihAFBVV95cUxOb1ZVckVvNWhhVjZTdm1kbmlqTGtySzBRT0ZBN1NQakdOOU1Ja3ZmZkJtZGNiMmRNQ1VrV2hqOG5nQk9NODF0cU5wQ1ZvNEpmSU1xOFBESW5QZHVWcjgxMk1GaG1PT3o1dWpGVV9qWmxzUFIxR0NpenI4TWRnV2UxeFJncDE?oc=5) · Heartland Funeral &amp; Cremation Service
- 2012-02-02 [Worley a candidate for county commissioner - The Patriot Ledger](https://news.google.com/rss/articles/CBMiqAFBVV95cUxNRWQ3RTl3Z3BPX3ZfMlZ6U09lYWJod3hyUVFmZEd2MWk3emJvcXJoN2hNWHpNT1BMUUdTYjQ3WWNBZDJmNWJfMF9lR3B5WlpDeEM2ZEVYcS10c00tbUh6VU1oT04xblZSXzVUNzNtTG51aEpNUTVwOWgxV2tOU1ktTG15anl5OWttTzI5Vll4aUxqWWROMEI4NVdSdmFKVzB0NWVZbHl3ZTA?oc=5) · The Patriot Ledger
- 2026-08-04 [George Dick Obituary (1944 - 2023) - Bangs, TX - Brownwood Bulletin - legacy.com](https://news.google.com/rss/articles/CBMijwFBVV95cUxNUUhTeVZpdG5FVjQybDdxWTEyZzdCalNmTEI5eTZHWHJMdm1idkoyaWpJY1JvTE5NM09WVi16M0NCYWtCQXVWMzFVVlR4ZzV0WHZCS1NNWnc2VXpFQmlyczNyT0tpRlRyN0tVVzJEbDZ4dkExZTZpOFlleHFCMGx0eXlrTEdBZWVsU19KekhkNA?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67602 (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/18.json (key "67602", 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=67602
- 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