# EVERGREEN
Portland, ME · NCUA charter 68038 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/evergreen-68038

Who the members are: state charter, organized 1951. 32,688 members of 300,000 potential (10.9% of the field); checking penetration 85% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $641.4M |
| Members | 32,688 (4.0% YoY) |
| Full-time staff | 125 |
| Net worth | $49.5M |
| Net worth ratio | 7.7% (p6 of band) |
| ROA (annualized) | 0.75% (p60 of band) |
| Total delinquency | 0.90% (p74 of band) |
| Net charge-offs (annualized) | 0.26% (p30 of band) |
| Loans / shares | 80% (p47 of band) |
| Cash / assets | 12.9% |
| Borrowings / assets | 0.70% |
| Net interest margin | 3.49% (p51 of band) |
| Operating expense / assets | 3.91% (p67 of band) |
| Vehicles % of loans | 17% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 10% |
| Third-party paper % of net worth | 16% (p24 of band) |
| Vehicle delinquency | 0.93% (p72 of band) |
| Vehicle NCO | 0.33% (p20 of band) |
| Repossessed % of vehicle book | 0.00% (p18 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 196% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 24% |
| Average share balance | $7,572 |
| Participations bought / yr | $0 |
| Participations sold / yr | $8.5M |
| Participations outstanding | $24.6M |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $29,742 |
| Loans granted, annualized | $139.9M |

## Participation posture (from the same filings)

Bought $0 and sold $8.5M in the latest annualized quarter; $24.6M outstanding purchased (49.7% of net worth), $7.8M sold and retained. Sold in 7 and bought in 6 of the last 8 quarters. Shares 8.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | members leaving |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | members leaving |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | thin capital |
| 2019-03 | 1 | thin capital |  |
| 2019-06 | 0 |  | thin capital |
| 2019-09 | 1 | thin capital |  |
| 2019-12 | 1 | delinquency rising | thin capital |
| 2020-03 | 1 | thin capital | delinquency rising |
| 2020-06 | 4 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 3 |  | delinquency rising |
| 2021-03 | 5 | capital below 7% |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 4 |  |  |
| 2022-06 | 3 |  | net worth falling |
| 2022-09 | 3 |  |  |
| 2022-12 | 1 |  | capital below 7% |
| 2023-03 | 3 | capital below 7% |  |
| 2023-06 | 2 | delinquency rising | capital below 7% |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 2 | delinquency rising |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 2 | delinquency rising |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | delinquency rising |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 1 |  | delinquency rising |
| 2026-03 | 1 |  |  |

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

- 2026-07-06 [Evergreen Credit Union Goals for Good program raises over $11,000 for ending hunger in Maine - CUInsight](https://news.google.com/rss/articles/CBMiywFBVV95cUxOZ0JYWUhCZ1JDV3ZqaWJCdUp5ajA0ZkMwZ096NGFuUlBudHVrb2o2NVJ4clRmaE1hcy1ZQzlhSlBnNTM3T0JfNmp4VkFDTGRRaFk2MmdBQ3gwc25jVFNvU1dfbmFzNWt5ZTRCUUJ2M3ZsZjhiYWZPbXEyZDNrMFdvZ0JiX2lKWUFodHE2cHE5a05QbmIxU1JqRHI5MGRZMlRSZDNCXzg5WEpxc3BkUHVzNHdrQzFOdUJYVUpBbkpadkg4NkwwbUp3TVJ5Yw?oc=5) · CUInsight
- 2026-06-16 [Goals for Food: Maine Mariners partnership raises more than $11,000 to fight hunger - WMTW](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQcGNWT1JEeTJEc0hCaS15dWdYRk4takhZOHBwSGdTVVE5NldVNjdmbDdDNURpTE1HNjBXSmRRN3FPekdfc1FVaDBFX2J6cktqVENzeWJXREg5dXU2c29sOVVxS2lSYUhrYjhlbGxPRmRkV0d6eFdUZXFTMTN3ZkNLOXpnQVZ6QmxmWnNudlRoWl9OSTNjMVM2R2tYc1dKS0k0QVZkZnpxalBpbU0wb1RkbERhRFpYdGREbUxCV0QtOFduY3Z1aTl4OVRadjk0eE1yT3dMYg?oc=5) · WMTW
- 2026-09-02 [Lt. Michael William Holmes Obituary Jun 5, 2026 - Hobbs Funeral Home](https://news.google.com/rss/articles/CBMibkFVX3lxTE9pMEw3SEpibFhsUDVIWUlPWkU2cUVIRGVZUy1mTldHMURvMFNlODFjXzR4ekJuYlI1NE9hMUZ5OGlLN281TFJTcWtNaFBPdWRVY1BCalhkSmtkSGY2SEl5VjNMSTRESlRFT05FSnh3?oc=5) · Hobbs Funeral Home
- 2026-03-26 [More than money: how Junior Achievement is shaping Maine’s next generation with financial literacy - Portland Press Herald - Maine Sunday Telegram](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNNHZ1Tk1YTk4wZ2JNckFXejVnMFowWW9JaHZDc3VmTEMyUkJkX2lsT0pjd3g5UEd2ZHlxLTZFa3RoNkVITExXMS03Y1dETllodkw3eE5BTkRfdjlUN3RmaWtGTkhUbWxzSDNHZ2ZEc1AxNDRSVkNCdnlqRXc5X3B4TE9pVGVsVGNzNzd3anI2SHAtZ2NLZ2Nvd3ZSMEdUdnc2OGJrcl9jZmwtb005dTUzZ2JxTHp0TGRfeHRLYXVMYURzYjRaNkZCQUNDbFl3Rm92b3c?oc=5) · Portland Press Herald - Maine Sunday Telegram
- 2026-08-15 [Canoes, kayaks, music, and clam-digging debut at first-ever Scarborough Marsh Day - WGME](https://news.google.com/rss/articles/CBMiqgFBVV95cUxPZHlfUG9va2FIbm51SEljMWM3MU93MjNjNVBIRkh0Y3ZMSDd2WVQwbmp5WDdOa2NXaFdMMUt4akRmU2lCb1RzVW1FckJqZHNWN0tVOE1udlVoRGp2MGw2UmZONXJpWVVGRVpyTUFTVGREUW0tN3AtZTZjY2FWdDdsSEtreUx3OWZPT2loQmRQU0d0dktWU2R6MVZuck1qRHZOeFdLaEpqWlBiZw?oc=5) · WGME
- 2026-02-19 [Name of the game: What Maine companies gain from pro sports sponsorships - Mainebiz](https://news.google.com/rss/articles/CBMiowFBVV95cUxOOTNOeGtDSDcyN01oSFV0Q2NWdVdiVW5WSXk1NWN3ZzdPakpNNVpjdG5CcFM1UEdmWGk0ZnV1SG5SS0FHZUNaWUdfLXlkcHdBZDVIMGtCd0ttUFUyR3RnT2NLZG9EbmdYalVPNkxhckgzZEdGaS1MWHh5ZXMtR3JJWmZmeTl5SWtoSE1INmE2dS1YVWstem5uX2lzbWNRc09ZNkRJ?oc=5) · Mainebiz
- 2026-04-22 [From opening a Roth IRA to a summer window-washing business, these high school students are putting Junior Achievement lessons into action - Portland Press Herald - Maine Sunday Telegram](https://news.google.com/rss/articles/CBMiiAJBVV95cUxNVlhTejk3U2tCa3FMTGdGeEdBOXJFaUhsQ3RzZVByQzhaa1JWR28xYUVkTmlpX3lJZGlNVWEzNWRYcGs1NWEzdjh3TjBsMXdqUXdGOU13d2ZzcEcwUDVGaWRGbzBaV3JXS2dWMUIyVzViZTZaZ0hyRXBudkk3azZCdTFKOXVJZkE2ZV9wSEJqZ2tHY0NhMFVzWjB2M1N4VXpGLTdEa2U2ZUNzRktOSWNPT3FYTVI5QWNSSVVRODBZeDJCVV9CM1QteG5ZcEU2cFE3RlNtR19wSFVzNHJOR1JPT2NRY2QyTFhJSHlsR05BbE9oanBQZFJUVThQYnJFdThLeFlibFNLazA?oc=5) · Portland Press Herald - Maine Sunday Telegram
- 2026-06-25 [Workshop helps Maine seniors recognize and avoid financial scams - WMTW](https://news.google.com/rss/articles/CBMipAFBVV95cUxPaDVZMFB0UXEweFlJYUVpU2FOSDZ5OTF5c3dFWFh1NV9oV0FwUFZuei12NFVjRnZSa2cyZndETFFtejMxbW1qVDNxbTA1ajZibnBHU2ZEVjE4ZEYzUVJBWGU1THpoVXJnZWdJbTEyd0txUWdzNzNBcWItczV6R3Fnb2ZmNzRNbmM2aC1zcjZxT2VZV3RCcldlZDVCMldlU2FKdkc4eg?oc=5) · WMTW

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68038 (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/6.json (key "68038", 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=68038
- 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