# PROGRESSIONS
Spokane, WA · NCUA charter 68255 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/progressions-68255

Who the members are: state charter, organized 1933, low-income designated. 5,689 members of 150,759 potential (3.8% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 50.

**Verdict on the desk:** this could be *auto monoline*. 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 | $93.5M |
| Members | 5,689 (0.6% YoY) |
| Full-time staff | 15 |
| Net worth | $9.6M |
| Net worth ratio | 10.2% (p23 of band) |
| ROA (annualized) | 0.47% (p38 of band) |
| Total delinquency | 0.10% (p12 of band) |
| Net charge-offs (annualized) | 0.09% (p32 of band) |
| Loans / shares | 80% (p84 of band) |
| Cash / assets | 17.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.28% (p29 of band) |
| Operating expense / assets | 3.51% (p48 of band) |
| Vehicles % of loans | 65% (p83 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 89% |
| Third-party paper % of net worth | 416% (p100 of band) |
| Vehicle delinquency | 0.08% (p15 of band) |
| Vehicle NCO | 0.06% (p40 of band) |
| Repossessed % of vehicle book | 0.03% (p78 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 30% |
| Average share balance | $7,293 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 50% |
| Loans granted per 100 members, annualized | 53% |
| Average loan balance | $23,519 |
| Loans granted, annualized | $25.4M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 2 | delinquency rising |  |
| 2017-06 | 4 | thin capital, net worth falling, loans>95% of shares | delinquency rising |
| 2017-09 | 2 |  | net worth falling, loans>95% of shares |
| 2017-12 | 1 |  | thin capital |
| 2018-03 | 2 | loans>95% of shares |  |
| 2018-06 | 3 | delinquency rising |  |
| 2018-09 | 4 | thin capital, net worth falling | loans>95% of shares |
| 2018-12 | 4 |  |  |
| 2019-03 | 3 |  | delinquency rising |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | net worth falling |
| 2019-12 | 2 |  |  |
| 2020-03 | 3 | auto monoline |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 2 |  | auto monoline |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 3 | members leaving | margin squeeze |
| 2021-09 | 3 |  |  |
| 2021-12 | 3 |  |  |
| 2022-03 | 2 |  | members leaving |
| 2022-06 | 3 | delinquency rising |  |
| 2022-09 | 3 | auto monoline | delinquency rising |
| 2022-12 | 2 |  | thin capital |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 3 | delinquency rising |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 |  |  |
| 2024-06 | 2 |  | delinquency rising |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | losing money |  |
| 2025-06 | 3 | delinquency rising | losing money |
| 2025-09 | 2 |  | delinquency rising |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | delinquency rising |  |

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

- 2026-03-26 [Pair of credit union branches under construction - Spokane Journal of Business](https://news.google.com/rss/articles/CBMijAFBVV95cUxPaHVrY2FLMXNUcmZyY2VNaXRLVTlWUkpmVDRpaktKV2p4UFI2V0NfclRwQ1RHT09PVmNvVnp6cTAtb2EzcV8wWnA1QjJIQ2M2SjRJSHlSQkRLQzhSMlhMazNjYm1SZ2FtUFVmU2d2amtya3NCMVJianIzWGpaMFlRa1lOY2p6dDd1bUJCOQ?oc=5) · Spokane Journal of Business
- 2025-11-06 [Small credit unions double down on accessibility, empathy - Spokane Journal of Business](https://news.google.com/rss/articles/CBMipgFBVV95cUxQNS1Td1FHazZfUmprNzJzZDlnQWpibWtzZEFuUmlnOS02NU9CVlJEQjB4bUg0aEZrQmxUT0dIa0tHWkdycnBTVDVwOVI4VzUzMU9YR3dYUDRZd3k1eVBQOHBJZTVpV1RPODFqaXZIc3QxVFpRRFNfdlVBUnRjREIyX1ktTDVpd0FzLTVxU1BmcmJDTm9pRGl2US16V19NbVpEeWtabWt3?oc=5) · Spokane Journal of Business
- 2025-12-25 [Washington - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxPOHdtODhCYTFpVGNBalVIN05VcWIyd0JwM29HdHlEVDBjVXZuTXMwRTA1SXJGZUo3N3R4Y1dKUUNPenhPRHdMZzhTQjZBYmtpdGlLcnZET3ZWaDNEUmZMek9ublRCOWIzZlI0WUZxbzd4bDcxMmhWSnpTLUZoS1N4RXBDYm4tNEVpWG0xUDZsSlhJUQ?oc=5) · Newsweek Rankings
- 2025-08-27 [Small local credit unions engage in collaborative competition for the good of Spokane's financial ecosystem - inlander.com](https://news.google.com/rss/articles/CBMilAJBVV95cUxPaUYycmdsS3lZekI1SnFFU1hLUkdudFZMVVBqeFlHSXNtT1RCZVZvU0xjc3pJSlJXcFVvN2tFVUNOdVZ4bFFJdnhUM3dTMmdlZk1tTWxRYnF4dFlpOTRleEFyOW5kVWp4bWgwY3RldnRQWExnckxDdDVhWnNsQnREWjVqdVVVdmw2WlNtUHEycUFKa21XNmhXX3FXRnFHcHJtNURYZkM5SlprMVExUVdRREpsUmptTmJRYllsTldMUUlVZEhLX1FPN09SaDAzaVVpMmpHT2FjYUp1cmUtTDVZSk1oamM2TmVOS3NHODFMYzYxYUhFQTdCT1VZYXJjZVdUUldfYkhVdElxOExiMXc2aHJub1I?oc=5) · inlander.com
- 2016-11-25 [Parents say son set their home on fire on Thanksgiving | Spokane News - NonStop Local KHQ](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQNUZHel9rRndqOXV5eUo2MS1JMXYyMm5ZdS1CYmpQSkRMeENhbXlFRFhGYzhCWVFHSmZzOHV6ZHk4Q2E3M0N0T2RmOHpGaVZxOXIyVlpaaWdocm5MNmxZT3p1SFZuRTBFOWJoQTdjUzE4M2ZQWnNGMHVRM2dJSTBoR0dHdmQwQzFreGRxeVB6TW1obVNfQ3ROeXRlOEdtM3M0cVRfLU5ORnlpM0UwMEpDaFdmc1hxbmlWdWJOQk1XLVN3RDVyREFOdg?oc=5) · NonStop Local KHQ
- 2007-07-12 [Police seek man in CdA bank robbery - The Spokesman-Review](https://news.google.com/rss/articles/CBMiigFBVV95cUxNbmpQMkRLRndTVWEtMmhnMVNDQ0FQc1Nwd19nSG1UY1dKOUNHWFhsNlNQOWpvTk15OUtEcDR3TXNjcGxTVGFSeVpjRlJfUm45Wkwyc1RycGJEYURuWl9iVXg1VDV4QzU1UDZobDNWU3FTRU5Wd2k3TjJjUTlUazMtNUxNbGQyc2l1NWc?oc=5) · The Spokesman-Review
- 2016-11-16 [Stevens County Court Documents for Nov. 17, 2016 - chewelahindependent.com](https://news.google.com/rss/articles/CBMi2AFBVV95cUxPbkZnZHVtOWh2N2ljS2o2Y2d0RUl1OE9VcEFJNW9kOGlJdkVab1dDcmdNRGp0RUtKdHBKUUF0NlF1NXMyTXo2MVNoN3JPMUZ6X182ZmlJM2NleWs5QU1zV1NmS29xMEZtNHE1SGxad09aVkxYWE1mSmVxeFlTUzdvbHZ0R0VzMjA1XzdlRGpmVkdUMkoycDRZVHF2RWpuZDI4V1RxMUFOTU13Qy1sZGpVNFpLSDB1elVDR2hoLS1zdE9YVzF0cGN1WmRVN3FKVkdhSHRnYVV3V1A?oc=5) · chewelahindependent.com
- 2026-02-10 [In place of Inlander Restaurant Week this March, The Great Dine Out offers flexibility for diners, restaurants - inlander.com](https://news.google.com/rss/articles/CBMijwJBVV95cUxOd0I1WkpxTDREOGtnRjdxVFhfUVBPQi1DQXhmaVdfRnNOQWJOb2FrOWpRS000aENvY2w0QU5uWFVObjlIbHpqLWdieU9oWnVrQTdYaXJIdE43SVFsR0ZMSjV0M2Ixb3hZX1pPTEJMYlRBTHZHMi1EOHFTbDVEVFRJdFBSQ0hGbV9qYzlBZDlUQVhETFNYeUJSQ1lnRVFtd1l0Tzl4YjhidTFYZ2tnd0I0UGVqMEpNU0x5c0xGUExUR0RRZUIzdGpURzlOTWxWek1peDU1WmdJdVZmRWFDdnVhdzN2SUttOFZYSFlwZnNwanNVWHJIcUtXRFE0SU9tT3VsQ29xX2h1LU12b1A0U2xn?oc=5) · inlander.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68255 (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/31.json (key "68255", 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=68255
- 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