# AZALEA CITY
MOBILE, AL · NCUA charter 68224 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/azalea-city-68224

Who the members are: state charter, organized 1954, low-income designated. 4,379 members of 695,783 potential (0.6% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $46.1M |
| Members | 4,379 (-6.0% YoY) |
| Full-time staff | 15 |
| Net worth | $7.1M |
| Net worth ratio | 15.3% (p53 of band) |
| ROA (annualized) | 1.04% (p71 of band) |
| Total delinquency | 3.40% (p88 of band) |
| Net charge-offs (annualized) | 0.34% (p70 of band) |
| Loans / shares | 53% (p43 of band) |
| Cash / assets | 49.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.16% (p61 of band) |
| Operating expense / assets | 4.39% (p67 of band) |
| Vehicles % of loans | 56% (p42 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 1.34% (p71 of band) |
| Vehicle NCO | 1.25% (p89 of band) |
| Repossessed % of vehicle book | 0.12% (p93 of band) |
| Real estate % of loans | 17% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 2% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 29% |
| Average share balance | $5,246 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $12,335 |
| Loans granted, annualized | $5.2M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

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

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

- 2024-09-04 [League of Southeastern Credit Unions expand into Virginia with new strategic partnerships - Yellowhammer News](https://news.google.com/rss/articles/CBMiuwFBVV95cUxNRmRHV3RHUDB6WEFla29yRmtlTnVkdFpUZUl3cjJsby1MVmp2clI1bUFMaDE4X3JVR3QxU1h0Y21QV3JrQ011U0dGZW9pYW8yYV9jOWswVE5TN25xV3hhZ2U0QU9ucFhlLWJUUFZOZ2cyUTNhcC1ObDBfbC00ZmVCanhYa0tvTFJoT0VGc3QtREVSRHRnYmRReVFDMHpVT2dMQUN1bXNvLWFLMlR2MnNCWjFvMmVOUHB0V1pJ?oc=5) · Yellowhammer News
- 2014-07-10 ['Bank On South Alabama' initiative aims to boost financial stability for those without banking accounts - AL.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE5TdnpwS3BKbkQ1WlNLZVFWN3E0UHU3NHlINVlsY3lsTlNfY2NhZWhIT1Y0ZHRXR01vVjNGUWhKd3BraGVQM2FlT1pnSnlaMFZiOFNjdnd3cHplMjItTGdDLUNiVXpnMmtRN2RsdkdGLVQxTUdwcXowUXdxSVp1VW8?oc=5) · AL.com
- 2021-08-16 [Ronald Garling Obituary Aug 16, 2021 - Mobile Memorial Gardens Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE9ab1R2WWh6dXhCYnBOT2lkRTFUWVdKdmtpLU5ydVcydXRvZTJGWEU2Nk81Y1kzTjVSTmFual9EVEJSVjFFVkh3VlpaTks4dTNUSVFMREFEQWNnYmZnd3ZDX1MtZFhvbDAxX0ZvYXl0Zw?oc=5) · Mobile Memorial Gardens Funeral Home
- 2023-03-15 [Shirley Guy Obituary - Saraland, AL - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxNQ0RzNEdYSTNUX1diekk5M2NLRk5TamMxNmRoWWd0M2syWk1mTGJlM0Z5NUFYYTQ0cHZjUkphSWxJbFhJeEVNM3duVXZqdlI3bldCY0x6SjFOQ0REMkpYNFd2aTNuR3QtLVU4Wm9LdUNjSjdsQmhGc2NhXzM5Qlc5TA?oc=5) · Dignity Memorial
- 2024-04-18 [Presenting the 2024 Nappie Awards Finalists - lagniappemobile.com](https://news.google.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?oc=5) · lagniappemobile.com
- 2023-06-02 [Baldwin County’s Murphy, Bayside Academy’s Gunther named player, pitcher of the year by Mobile Baseball Connection - Gulf Coast Media](https://news.google.com/rss/articles/CBMizAFBVV95cUxPbGkzTk9tZnFMVTZCU00tYmpLRHV5RVFDZjZ2cEVXUTB6UlFBY0RjcHhTTWkteEhnMmFmOE1KajliMXpUcTRoNXhJZHFhcUZJYmRuUHY3R21meTkxTlprTlEzd09oSHF5NXdLQ090ZmJjOUQ1bEVnbE5zZENpdXNCSjhIYWgtdTVNellLYlFhLTNRS1RRTURQcjdDYzhoc1BQaklNVGxia0ljY2h0UjRaeEtlSnVzZUhnTDYwZnRxd3ZJSWF0RzRTVnAxcVo?oc=5) · Gulf Coast Media

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68224 (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/0.json (key "68224", 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=68224
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide