# STATE HIGHWAY
YAKIMA, WA · NCUA charter 68198 · asset band <$50M · latest filing 2023-03 · stopped filing after 2023-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/state-highway-68198

Who the members are: state charter, organized 1938, low-income designated. 1,580 members of 5,088 potential (31.1% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *too clean*. 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 | $33.8M |
| Members | 1,580 (0.3% YoY) |
| Full-time staff | 4 |
| Net worth | $4.0M |
| Net worth ratio | 12.0% (p46 of band) |
| ROA (annualized) | -19.50% (p0 of band) |
| Total delinquency | 0.00% (p9 of band) |
| Net charge-offs (annualized) | -0.01% (p23 of band) |
| Loans / shares | 70% (p69 of band) |
| Cash / assets | 37.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | -16.62% (p0 of band) |
| Operating expense / assets | 2.60% (p34 of band) |
| Vehicles % of loans | 38% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 54% (p93 of band) |
| Vehicle delinquency | 0.00% (p18 of band) |
| Vehicle NCO | 0.01% (p75 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 51% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 71% |
| Certificates % of member funds | 22% |
| Average share balance | $10,790 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 21% |
| Average loan balance | $23,037 |
| Loans granted, annualized | $17.6M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **assets shrinking** (`shrink_assets`)

## 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 | 0 |  |  |
| 2017-06 | 3 | delinquency rising, assets shrinking, members leaving |  |
| 2017-09 | 2 |  | members leaving |
| 2017-12 | 3 | loan book shrinking |  |
| 2018-03 | 2 |  | loan book shrinking |
| 2018-06 | 0 |  | delinquency rising, assets shrinking |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 0 |  | delinquency rising |
| 2020-06 | 1 | margin squeeze |  |
| 2020-09 | 2 | loan book shrinking |  |
| 2020-12 | 1 |  | loan book shrinking |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 | net worth falling | margin squeeze |
| 2021-09 | 1 | delinquency rising | net worth falling |
| 2021-12 | 0 |  | delinquency rising |
| 2022-03 | 3 | net worth falling, delinquency rising, members leaving |  |
| 2022-06 | 1 |  | net worth falling, members leaving |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | assets shrinking |  |
| 2023-03 | 3 | losing money, margin squeeze | delinquency rising |

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

- 2026-05-14 [Animal control officer helps crack Bremerton bank robbery case, 2 suspects arrested - MyNorthwest.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOZUswT1JoSDBiTklRNUtmMzJrUmM3bEdiMFM2eG9CUExnTnZDbi11ZEktdXVLaV9NZUpvdWdCdWZZQ0pHRGx3Y09tM0x1RDZHX2g0Sm1JdV95akltbzBpSmhLekMzazdmc0VvVG1vUVdOdS1vTEo2LXBHVFlHekRWOQ?oc=5) · MyNorthwest.com
- 2026-06-04 [Florida man arrested for alleged identity fraud prior to cross-state pursuit; second suspect still at-large - WTOL](https://news.google.com/rss/articles/CBMi8gFBVV95cUxNc2dFSGhVdHRtZF9hMGtJek5MOEsyc2hnUXFYdG9HVnhFN280ZDNhRjJyLUtPdzFhLTUtZXYyZXdWRGtNSUMwYmtQakFGX1RVc0ZHMXZ5bFpqVkNidzE0dFd1aWdmeUV6dDBTNUhjdU1xNmx0MjIyVVN1UTNxQVB5bXg0eDZWUjZmbkQ1TWNmOXFWVGRRQ0k1QVFmU3VNM0tob3l4RTc5M28wMENpRWtOYndycGsxdEZFVlNmU01Oclpxbm1GLV83b1cycFNsR25hMkF2RUNMRURCaWNnMjIxclI4a1Z3bVNNY3d6aGF3LVdoQQ?oc=5) · WTOL
- 2023-05-16 [Washington credit unions merge - The Spokesman-Review](https://news.google.com/rss/articles/CBMiggFBVV95cUxNZ2lTeWdMS2JraVEyLXNHMUVycGY4Ykg3LURrUGhpLW1GOUt1YXN4X0RlR0RIdlhFejFhbXV2UE1uNTR1Q01oNEN1TTc2MTZ6bmVmcnNIVGx0bXJxZzd3enVmaThHYnBBMWFnZE1oM1VYdnhOMkZrZnFfblpybnVLS0x3?oc=5) · The Spokesman-Review
- 2018-06-21 [47 People Graduate From Development Education Training - cutoday.info](https://news.google.com/rss/articles/CBMilgFBVV95cUxNQkdhOTAyVVRHdEg0ZWJiRWVxN244cGxJRFpkOUUtZlpwMHhlMGxVSi1SalJ6UmR3V3Zsd3JOcUdadFhGUUpHbWtpVmFZNV9EWEpMUGdMby1wcnIxU3hUZHY0ckltbVdBeHZkc1V2NkxROC13dDNiZ0ZJOXJ3QU9pcjBaa0pCVWpaSTdSSGhDTExpMUkydXc?oc=5) · cutoday.info
- 2025-11-26 [Bites for Lights Christmas light recycling program set - Brainerd Dispatch](https://news.google.com/rss/articles/CBMinwFBVV95cUxQSkxORVdpWlVOWGhTVElDdVc2a3pDY292aDRPSjgyMVNSeXFOMHZCUjR1VGdLMENXelUyMGRadC1KYTNLcHgyREs4ZG5XQjROUk5leDFLQjU0UjJlQXZIMjRuVTlXYk4tRjRkREJrWjJyRmhzYXV4ZmFNQmZQcnhzRnVIOVl6aXpmcndDakRLM1RHOFhlQ2taeXNKSGs5cEU?oc=5) · Brainerd Dispatch
- 2024-07-02 [Gig Harbor Grand Opening Aug. 8, Events All Month - BECU](https://news.google.com/rss/articles/CBMiTEFVX3lxTE5RM3A4MDBKbmRyVk5Xd01SenotSzVrdXFFNHZiMVVtQXg1OFIyS01yWTFpR183SXQtVFVuMkdVYUtoTlQxZTRQOHhtanU?oc=5) · BECU
- 2023-08-30 [VyStar Credit Union, Wells Fargo Bank plan new branches - The Business Journals](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPSXRmVG44VXZNZzJZVmNwbzFJZFZfdFdfUVh4Zk9xZ0JqenJrN2VuVjFLbWl5MUJuaF9xZWx2M0dTbkhMVk01RjkyTE02Tk1pZUhla3pneHZLQ2h3akRZdXpSMDVLWnltRnROYkxOSDRueDhYYU9wUGZGT3Z5ZUJmbDlrWTdCc0EwODlMLUQxOS1CRGV3aVlzZEcwY1pfTkxuNXVORU1LX1Y?oc=5) · The Business Journals
- 2023-04-28 [New meat and food market opens downtown, former Baskin-Robbins gets tenant - The Olympian](https://news.google.com/rss/articles/CBMibEFVX3lxTE9tUzBubzlpMmxrTWxKWmtMWWk0cTZSOFVCeXZKeUpRYzVVNFJVYjZ0UEtrZ0MyV1Z0bTlhZFNJaTVzaWRnNHdWTVF1LU9Ob3MtdlhhRUZvRU1WbzMxUHRKeU1FZDdkTENqQVNmctIBbEFVX3lxTE4zUkl2RFNJeDlkaTFIUEZzN2JXNm52UWtEWUNoWU9weHMwUmNSRUdKakg4aFc1OXVsUFVoZktTSF9QbGlmM29ZZkdpUElRR2dQdWhDT3REMjNDT1NDNDV3d3lxOVBJWmhjVTctcQ?oc=5) · The Olympian

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68198 (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/38.json (key "68198", 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=68198
- 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