# LIGHTHOUSE COMMUNITY
VANCOUVER, WA · NCUA charter 68268 · asset band <$50M · latest filing 2021-03 · stopped filing after 2021-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/lighthouse-community-68268

Who the members are: state charter, organized 1953, low-income designated. 1,534 members of 488,241 potential (0.3% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $15.1M |
| Members | 1,534 (-9.6% YoY) |
| Full-time staff | 4 |
| Net worth | $1.5M |
| Net worth ratio | 9.7% (p31 of band) |
| ROA (annualized) | -0.53% (p16 of band) |
| Total delinquency | 0.69% (p61 of band) |
| Net charge-offs (annualized) | 0.45% (p82 of band) |
| Loans / shares | 43% (p41 of band) |
| Cash / assets | 36.0% |
| Borrowings / assets | 3.33% |
| Net interest margin | 2.53% (p53 of band) |
| Operating expense / assets | 4.51% (p87 of band) |
| Vehicles % of loans | 63% (p56 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.05% (p76 of band) |
| Vehicle NCO | 1.28% (p94 of band) |
| Repossessed % of vehicle book | 1.06% (p99 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 16% |
| Core shares % of member funds | 62% |
| Certificates % of member funds | 10% |
| Average share balance | $4,839 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $9,196 |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **repo signal** (`aq_repo`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, losing money, expense trap, charge-offs p90, repo signal |  |
| 2016-06 | 3 |  | thin capital, repo signal |
| 2016-09 | 5 | thin capital, repo signal |  |
| 2016-12 | 4 | delinquency 2x band | losing money, repo signal |
| 2017-03 | 3 | margin squeeze, members leaving | charge-offs p90, thin capital, delinquency 2x band |
| 2017-06 | 5 | delinquency 2x band, delinquency rising |  |
| 2017-09 | 6 | thin capital, losing money, repo signal | delinquency 2x band, delinquency rising |
| 2017-12 | 2 |  | members leaving, thin capital, losing money, repo signal |
| 2018-03 | 2 |  |  |
| 2018-06 | 4 | losing money, delinquency 2x band |  |
| 2018-09 | 4 | net worth falling, charge-offs p90 | margin squeeze, delinquency 2x band |
| 2018-12 | 3 |  | net worth falling |
| 2019-03 | 2 |  | charge-offs p90 |
| 2019-06 | 4 | net worth falling, delinquency 2x band |  |
| 2019-09 | 3 |  | delinquency 2x band |
| 2019-12 | 4 | members leaving |  |
| 2020-03 | 5 | repo signal, assets shrinking | net worth falling |
| 2020-06 | 6 | margin squeeze, loan book shrinking | losing money |
| 2020-09 | 6 | delinquency rising | repo signal |
| 2020-12 | 6 |  |  |
| 2021-03 | 6 | losing money, repo signal, auto monoline | expense trap, assets shrinking, delinquency rising |

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

- 2021-05-28 [Lighthouse Community Credit Union will merge with Rivermark Community Credit Union - Vancouver Business Journal](https://news.google.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?oc=5) · Vancouver Business Journal
- 2020-11-10 [Movers & Shakers 11/10/2020 - Vancouver Business Journal](https://news.google.com/rss/articles/CBMidEFVX3lxTE9RcDBob1RqS1lDTlNOSkVHNFVocC1GbkJ5TEZOOVZlWFU3czI1NTZWbFdVckNJekdOQUMzcjdpaUc4RmlONWE3Zk50QzVKVk5aSW0yMTFhSXBqanNlLVF1UlcxVGFrQVZyUjlEVS0tSGtRY3dR0gF6QVVfeXFMTi1sNGJxRk5xYXp0bUxHNDlvd3ljOTFRWmZQRXpFb0IxTUJTaTdGalZaZ1hpV3ZQSXQ2S0l0d19wYVp3dnREY2pvbWJ0M3ZvT2FoT2RyTlh2ZDZudk5CNHp6YldiMmFTTy1Ma3JFUmMyaHlrTHZTRHpqT2c?oc=5) · Vancouver Business Journal
- 2020-12-15 [Accomplished and Under 40 Class of 2020 - Vancouver Business Journal](https://news.google.com/rss/articles/CBMihwFBVV95cUxON3U2bHk3Mm9uMjZreDZSc3ltcDMtaTRBUU9RbzI1NkdUVGhUT0I2dnhUS3BQR2FYNTZiQk50bTlFUkpmNUt2dFNIbXd5ZmtYLU9HbjBmaW5ub3dTYnlHVXZjNFJRcTcxUnJyeHEydGtPY1ZoRll6bXlONV91RzZ5V0wxc3dDZXPSAYwBQVVfeXFMTVBNWEV4WmhDVDhra0RINkd0Xzl1M193Ny1qeTdLcHota1hfNkRjWjlTRGlwZXlpRGNvYTJYVEZSdzBZb2N3dnBMem5qaDlzejk1ODBWTDctRFJvUU5INVltU3JDaE5fckFTLUtJdGUtVW9Pay14dlVYY2FqTVhKMnh4MUlxcEJFZzhLRXk?oc=5) · Vancouver Business Journal

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68268 (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/44.json (key "68268", 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=68268
- 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