# SPOKANE TEACHERS
LIBERTY LAKE, WA · NCUA charter 68203 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/spokane-teachers-68203

Who the members are: state charter, organized 1934, low-income designated. 310,577 members of 8,648,068 potential (3.6% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *indirect buyer*. 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 | $6.38B |
| Members | 310,577 (7.5% YoY) |
| Full-time staff | 1018 |
| Net worth | $648.5M |
| Net worth ratio | 10.2% (p37 of band) |
| ROA (annualized) | 0.47% (p27 of band) |
| Total delinquency | 0.88% (p74 of band) |
| Net charge-offs (annualized) | 0.70% (p67 of band) |
| Loans / shares | 95% (p80 of band) |
| Cash / assets | 4.7% |
| Borrowings / assets | 4.72% |
| Net interest margin | 3.46% (p59 of band) |
| Operating expense / assets | 3.03% (p38 of band) |
| Vehicles % of loans | 26% (p49 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 81% |
| Third-party paper % of net worth | 238% (p74 of band) |
| Vehicle delinquency | 0.38% (p26 of band) |
| Vehicle NCO | 0.74% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p22 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 167% |
| Core shares % of member funds | 40% |
| Certificates % of member funds | 20% |
| Average share balance | $11,283 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $298.4M |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $27,021 |
| Loans granted, annualized | $1.48B |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $298.4M outstanding purchased (46.0% of net worth), $6.3M sold and retained. Sold in 0 and bought in 4 of the last 8 quarters. Shares 11.8% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 3 |  | net worth falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 4 | net worth falling |  |
| 2019-06 | 3 |  | net worth falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | net worth falling |  |
| 2020-03 | 4 |  |  |
| 2020-06 | 4 |  |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 2 |  | loans>95% of shares, leaning on borrowings |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 3 | delinquency rising, loans>95% of shares |  |
| 2022-09 | 4 | leaning on borrowings |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 5 | net worth falling |  |
| 2023-06 | 4 |  | net worth falling |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 3 |  | delinquency rising |
| 2024-06 | 3 |  |  |
| 2024-09 | 4 | delinquency rising |  |
| 2024-12 | 3 |  | delinquency rising |
| 2025-03 | 4 | net worth falling |  |
| 2025-06 | 4 |  |  |
| 2025-09 | 2 |  | loans>95% of shares, net worth falling |
| 2025-12 | 3 | loans>95% of shares |  |
| 2026-03 | 3 | delinquency rising | leaning on borrowings |

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

- 2026-02-13 [27 new branches in 5 years: How a credit union made by teachers went from a shoebox full of cash deposits to a multibillion-dollar business, third largest credit union in state - The Spokesman-Review](https://news.google.com/rss/articles/CBMingFBVV95cUxORThhcmJqbllOLWVWbUR2ZHBTOGVacmtyX2FpNGxRbXZUUHJ0bUVZcUlwYU1kbkdYbnEzdHZHUHdRRHo2ODNOMHdUaGlfdjhrVTRZSXFoR0tHbTdQalFfYUpRc3llc2p3d3lJWV9lMXZybWhZOXA4YWRwVGhmejJyTmFrcGltOWtSTmgxT1c4Qk9tYmpYb3V5UkpHUHNhUQ?oc=5) · The Spokesman-Review
- 2026-04-02 [STCU will build new branch on site of burned down US Bank in Spokane - kxly.com](https://news.google.com/rss/articles/CBMi3AFBVV95cUxPWmktLW5NOFVFUXVnQi1sdUtKdlJfY1g5aHQ1Q2l1UlhaRzNmYmEzOEdmU1BxMlBKcmFqYWlvVWVKREQtVTYzczJfNURIanlvWFB2cERaMW15VmQ0NlM4S1FKU0pmWFhpNEVjdWZWN2p1SU84OTk4SmdVVnBadkRPaWY5UUhzS29ISnlHZTVkSUJqTHRJZmZmV2ZnZHFnelo2RVI4bFV2TmYtVFozSkplM0ZEQ3FXUXpvWUJsQTV4Y0dCaG82MVFPbVlXSmxFUlhybDlUTGRBckdWcFNr?oc=5) · kxly.com
- 2024-08-14 [Washington state credit union to buy Oregon bank - Banking Dive](https://news.google.com/rss/articles/CBMijwFBVV95cUxPTGdTMG9zbFZrTWNGYk1LWEZsdnV3cVoxd05JQnA2S3gyNDZxdkRVenV3N1NQWDI3WUZKNUlDVnE4RVpoeUs4S1dOY2s5SWRoUU0teG1yaE84UUVxVlpPNFdoa2ZkZmN1alJ6M0w5cXJZb05Gb1BKaDd4NFdoYXRlSUFoQ0o1b0IzbWJiVkVwZw?oc=5) · Banking Dive
- 2025-05-07 [Community Bank branches in Oregon, Washington to rebrand as STCU - NonStop Local KHQ](https://news.google.com/rss/articles/CBMi1AFBVV95cUxPQzl0UmExcTEzVjdObWxxLUwwd1hiVDUwSjE3aVYzSm1wOFNxYS1SMFFILWVDSmJxbWw3QnEzcTJtQjVXUmpWVVJ5RzhRVVVfcjVPaUU3Ml93RFVnWGxOZWR2NFNCcm1kMk5jQTdGRGY4Z1NVdkFFYWZXRld1YzRFQllGTTdMamtGTzlkZ3R4bEpCODU0SG1Held3M2ZfNDlpVUtrUEdiWWJZaU9xaHJiQjVCRklnQ1hrT3dBMEw5WWgwT3Roem5PV2VrdmRSd1VtcmZNMw?oc=5) · NonStop Local KHQ
- 2025-05-13 [Ezra Eckhardt, STCU part ways - Spokane Journal of Business](https://news.google.com/rss/articles/CBMihwFBVV95cUxQb1F6TUx4VnFGSTNZdkdSUTRfRTZxSTEtOVpwbHR2SUZSa0UtenJ3N0pJOUhXOTNhdy1Db05zMmNydU5yRno5V2JxNlg2YUtfbms3b2FZaElDUHVqSEJlX1NDNjZYdzVKYTY2NmhqZFctbUtVRnI3Vkx3N1dOci00bER4VkNqRTg?oc=5) · Spokane Journal of Business
- 2026-06-29 [STCU to open new Othello building - Columbia Basin Herald](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPcUJ6OVVrMUdzeV80SnhKMjM1VnNOZjFoNHVVWWxfRXgwcXlaNDIxenpTUEFrbWJnWTEwWkpTaEVQVnB0bk4zeDE3dWtmQmRpOG9RVGhWMXU3a0g5blZ1amc0ZWZ0cVo2aFBZeFlrWEp0VG9sZm5EYVlzMWNrMlhjdVNfVEpiVldCUnFJ?oc=5) · Columbia Basin Herald
- 2018-11-09 [2 credit union branches are opening. Another is coming - Tri-City Herald](https://news.google.com/rss/articles/CBMicEFVX3lxTE1xUEVIQVAtRGhhU1NXUmhRZEM0OUxxbVZWVi1YcHpsMmVmQnl1cFBfSTY1Sl9pUVp5ZENJOG5uVnZKQmZockFDNF9TeGFDRDdXX05mcjk0MHdmMU1IM3JyZVdtZlo3NExJSHBTYUVOdS3SAXBBVV95cUxQTjBaSl9CdDB0MkFueHBxMTZ6WXpzcW82NWxQeU9YdVQzSDh6LVlEUEZuWEtTdUpPVm9mblhoZzY2ckJYZDVmYU0tX1NhUTRRMUtCeFVYT1N4aEM2TVN0RDJoSVMyRjB3TDlmY21YdVM2?oc=5) · Tri-City Herald
- 2026-05-07 [What's good for WSU is good for Washington, too | Op-Ed - The Seattle Times](https://news.google.com/rss/articles/CBMiiwFBVV95cUxQU0JsQ0JiSm5haWxMYlJFcFFIckt1ZXNRT3g0M3E3angyU1hhMUxZT0NUckxWQ0JkRUhPSzJ3N1BpaWppWEtHY0ZxSUhDWXFKVFNicXltR2xzM0l1eElNXzlNVmo5dmxlSnVmMXVoRGFjcllJQ0VsSmUyMEZ6cjMzM3lLcWFXa01YWlk4?oc=5) · The Seattle Times

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68203 (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/43.json (key "68203", 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=68203
- 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