# WESTMARK
Idaho Falls, ID · NCUA charter 68353 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/westmark-68353

Who the members are: state charter, organized 1954, low-income designated. 83,827 members of 1,100,000 potential (7.6% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 70.

**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 | $1.62B |
| Members | 83,827 (8.6% YoY) |
| Full-time staff | 271 |
| Net worth | $129.8M |
| Net worth ratio | 8.0% (p4 of band) |
| ROA (annualized) | 0.43% (p25 of band) |
| Total delinquency | 0.30% (p14 of band) |
| Net charge-offs (annualized) | 0.53% (p53 of band) |
| Loans / shares | 103% (p94 of band) |
| Cash / assets | 4.3% |
| Borrowings / assets | 4.94% |
| Net interest margin | 3.40% (p56 of band) |
| Operating expense / assets | 3.14% (p45 of band) |
| Vehicles % of loans | 43% (p82 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 96% |
| Third-party paper % of net worth | 584% (p99 of band) |
| Vehicle delinquency | 0.18% (p9 of band) |
| Vehicle NCO | 0.69% (p30 of band) |
| Repossessed % of vehicle book | 0.11% (p62 of band) |
| Real estate % of loans | 31% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 90% |
| Core shares % of member funds | 29% |
| Certificates % of member funds | 36% |
| Average share balance | $7,887 |
| Participations bought / yr | $0 |
| Participations sold / yr | $116.6M |
| Participations outstanding | $19.6M |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 29% |
| Average loan balance | $24,390 |
| Loans granted, annualized | $730.0M |

## Participation posture (from the same filings)

Bought $0 and sold $116.6M in the latest annualized quarter; $19.6M outstanding purchased (15.1% of net worth), $5.2M sold and retained. Sold in 2 and bought in 3 of the last 8 quarters. Shares 7.0% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **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 | 2 | loans>95% of shares, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 4 | thin capital, net worth falling |  |
| 2016-12 | 4 |  |  |
| 2017-03 | 4 |  |  |
| 2017-06 | 4 |  |  |
| 2017-09 | 4 |  |  |
| 2017-12 | 3 |  | net worth falling |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | leaning on borrowings |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 4 |  |  |
| 2019-03 | 4 | delinquency rising | leaning on borrowings |
| 2019-06 | 4 |  |  |
| 2019-09 | 3 |  | delinquency rising |
| 2019-12 | 3 |  |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 4 |  |  |
| 2021-03 | 4 |  |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 5 | delinquency rising, leaning on borrowings |  |
| 2021-12 | 3 |  | delinquency rising, leaning on borrowings |
| 2022-03 | 4 | delinquency rising |  |
| 2022-06 | 5 | leaning on borrowings |  |
| 2022-09 | 5 |  |  |
| 2022-12 | 5 |  |  |
| 2023-03 | 5 |  |  |
| 2023-06 | 5 |  |  |
| 2023-09 | 4 |  | leaning on borrowings |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 4 |  |  |
| 2024-12 | 3 |  | delinquency rising |
| 2025-03 | 3 |  |  |
| 2025-06 | 5 | net worth falling, leaning on borrowings |  |
| 2025-09 | 5 |  |  |
| 2025-12 | 4 |  | net worth falling |
| 2026-03 | 3 |  | leaning on borrowings |

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

- 2026-08-07 [Westmark Credit Union Board names new president and CEO - Idaho State Journal](https://news.google.com/rss/articles/CBMi5AFBVV95cUxPclFrUEh2VWNla0hIR1pua2FpTnh2UWpNLTNJR0hTVllCVnpPeDNCMlNpUnVwdHN3bFZHem51N184RWFiYkJhdUFLMTdva1h5SnBxR3JzQVdIUkRCZ3R5YmJWbXJZMGJUTnZ2bnFoOFY2aG5SeThjeVZoREtvVi12ak9rQm90M2U2N2RZSUlzSzBOdTA2c05qNzM5XzlRcU5vOGpVRWdONUdRWVVRQzFiTXlrNEd0bFg4bkoxcnBRa01SMDR3czBRX0J2bUd2eWM5YVNQeWJ5Z0pjSXlYTi1yTzMtRXU?oc=5) · Idaho State Journal
- 2026-04-17 [Boise State to rename student union under Westmark Credit Union sponsorship deal - KBOI](https://news.google.com/rss/articles/CBMiswFBVV95cUxNQ3drdDl4eUhiSWFqd3NNZXN5dVZscG9xQW5mN0tBRXZRNC16aFRDVkNsa2xlQ2MxbFMxT1Q1ckRwZkNIa0tweGJhZ1MyTk4zMWFUTXNVQ0ZrYWMxeXM2OHdmUFdQRzZsYVg0NWJ4R1hoOWd3TlhIS3BSVHBOdG1MNUdTcUpIclBFSWFCOEZKNk5DcjhYNHl5eFM5aHo0Q092NlJpWVBmSXV6OVk2MkJmYzFsNA?oc=5) · KBOI
- 2026-08-10 [Westmark Rates - Oma Erto](https://news.google.com/rss/articles/CBMiVEFVX3lxTFA1NUo4S0x1MWxkcUdzMkJUVlQxdm5keGVBM0hOT19iUUgyTm1rNnRSb0Q0WDF5ZFY3SHFIWS05dEFrcFY4bTlITjJDcGxWeFhLUmJPSA?oc=5) · Oma Erto
- 2026-04-15 [Alleged suspect detained and then released after Blackfoot police swarm Walmart following credit union threat - Idaho State Journal](https://news.google.com/rss/articles/CBMirAJBVV95cUxQUVM4bW5jT2huN3dQNlZ0WjRWbDVqM09oTWlhOUUyRi15LUdkbGtjUHNQMUlveEVJdjFSbktRQXduUDRyRGlLY216ZllsU2QzeklLT1ZPZHREck9LQW5CQzRPbGZHRVJ1S2M0b2ZQc0Riek5MczlqcGl5QVhlRHNXeXBBNXJVNlF3MllNVm9EbTJfVjMwRWZUaEFtb2VqN29qUHJiY0pYSXNjR3ludnR3WU05eHRPTkJKS3J6MVFVYVRrQmtnVXNKbDRUWS1mN3oyWG5KelR0M3d6ZmVqb2tGdG5wZmtMNmtUN0cyVThpcU4tdkQyU0d2ZkRienRKR0piRFVZM0pYa2pnMW9aVGFyZS02MEJ1X0laSThtU29rSl9lanZuR3FPRkQ4d2c?oc=5) · Idaho State Journal
- 2025-09-13 [Kelli Larsen Obituary Jul 10, 2009 - Wood Funeral Home & Crematory](https://news.google.com/rss/articles/CBMiZkFVX3lxTFBKNmtXZERIYWpIQ09YcUdkaGJyZ3R2dHgyQl9aNFZzZUQtdGtzdWN3ZjBScFM0THhqcUNnMUVpbXM3OU1sclYxVzN0akpYZTlwSi1kYkNPN19RS2FvVnF2cUV4V192UQ?oc=5) · Wood Funeral Home & Crematory
- 2023-03-09 [Eagle bank shooter suspect sought out estranged wife, police say - KTVB](https://news.google.com/rss/articles/CBMi3AFBVV95cUxOR000aHBDbTdGcjNOZUIzQUxUYkVadFJTUzZKQlRZa1pQd1dGcWhRVHNNOG1BN1VUdHpadXgxSGR0Z2RyMXluYkFJYk1jMHZGYXVuTUlwclVhLVNYSTFocmVaTGtxZzBZeFRhQ0F3ckkxTjFWM3E0VmxwTWYwNmNQRWN0QS10ckFrR0FEU0c5VmlzUGZpakl0TTU5Nm41UnBfdl9RaTRmWnhVVU03aUZHU1FpbVBFdHhNTzZYWUpQb0FvaktFaVpxdWE5aEhFSUxOblJoLUF2dzVTNFp3?oc=5) · KTVB
- 2020-08-03 [Forbes ranks top Idaho credit unions for customer service - Idaho Business Review](https://news.google.com/rss/articles/CBMifkFVX3lxTE5sbUNHOHhoaHhjZmJoZUd1N0RnX3c5VndJVmx3cFdpTlZLRWhXRjNXaXg4dUJPX0pXSjQxQ3JiZWhkYVAxVFB0d1ZVYkRMSTh4eEY1SExsdGhmWHlkR1FBVTJkamprTXlQbE5ScVFyTHo5WUtBNmpya3Rqbm85QQ?oc=5) · Idaho Business Review
- 2026-08-03 [East Idaho credit unions launch $100M Welcome Home housing program - PR Newswire](https://news.google.com/rss/articles/CBMivgFBVV95cUxNclBtMXN0ejNqbU5wS09TQk9jWng2WmFtS25SZ052dFQ0a0xkbjhmb2V5WnE2UWREeXcxMjA1Z0hDd0ZiRjF4ektBTTNjbTJNcXd1UTR0ZXJNcE1BaWJpTWZ0aFFURXZUTUt4c0FQRk05X2RtQjJxX21xNkJBdGRqbUFNTjY5dmRCUzVxX2MtSEkwLS1leGFKdnp2bmRVXzNLbVhzMjhlYk9FNTgyc2stTFlJdk5Td1NMYTJJNmtn?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68353 (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/1.json (key "68353", 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=68353
- 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