# SOUTHLAND
LOS ALAMITOS, CA · NCUA charter 68415 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southland-68415

Who the members are: state charter, organized 1944. 70,427 members of 13,117,863 potential (0.5% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 53.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.29B |
| Members | 70,427 (0.5% YoY) |
| Full-time staff | 171 |
| Net worth | $110.7M |
| Net worth ratio | 8.6% (p8 of band) |
| ROA (annualized) | 0.46% (p27 of band) |
| Total delinquency | 0.49% (p36 of band) |
| Net charge-offs (annualized) | 0.67% (p65 of band) |
| Loans / shares | 87% (p52 of band) |
| Cash / assets | 6.1% |
| Borrowings / assets | 10.21% |
| Net interest margin | 3.13% (p39 of band) |
| Operating expense / assets | 3.08% (p42 of band) |
| Vehicles % of loans | 20% (p33 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 52% |
| Third-party paper % of net worth | 88% (p37 of band) |
| Vehicle delinquency | 0.58% (p51 of band) |
| Vehicle NCO | 0.86% (p43 of band) |
| Repossessed % of vehicle book | 0.06% (p46 of band) |
| Real estate % of loans | 57% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 123% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 23% |
| Average share balance | $7,582 |
| Participations bought / yr | $16.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $92.8M |
| Loans outstanding per 100 members | 53% |
| Loans granted per 100 members, annualized | 60% |
| Average loan balance | $24,903 |
| Loans granted, annualized | $366.0M |

## Participation posture (from the same filings)

Bought $16.1M and sold $0 in the latest annualized quarter; $92.8M outstanding purchased (83.8% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares -3.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **leaning on borrowings** (`str_borrowings`)

## 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 | 2 | net worth falling |  |
| 2017-03 | 2 | delinquency rising | net worth falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | delinquency rising |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 3 | net worth falling, leaning on borrowings | delinquency rising |
| 2019-09 | 4 | delinquency 2x band, delinquency rising | net worth falling |
| 2019-12 | 3 | members leaving | leaning on borrowings, delinquency rising |
| 2020-03 | 3 | losing money, leaning on borrowings | delinquency 2x band, members leaving |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 4 | margin squeeze | losing money |
| 2020-12 | 5 | thin capital |  |
| 2021-03 | 5 |  |  |
| 2021-06 | 4 | delinquency 2x band | net worth falling, margin squeeze |
| 2021-09 | 5 | delinquency rising |  |
| 2021-12 | 3 |  | delinquency 2x band, delinquency rising |
| 2022-03 | 3 | delinquency rising | leaning on borrowings |
| 2022-06 | 2 | delinquency 2x band | thin capital, delinquency rising |
| 2022-09 | 3 | thin capital, leaning on borrowings | delinquency 2x band |
| 2022-12 | 5 | net worth falling, delinquency rising |  |
| 2023-03 | 6 | delinquency 2x band |  |
| 2023-06 | 3 |  | net worth falling, delinquency rising, delinquency 2x band |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 5 | net worth falling, losing money |  |
| 2024-06 | 3 |  | net worth falling, losing money |
| 2024-09 | 4 | losing money |  |
| 2024-12 | 5 | net worth falling |  |
| 2025-03 | 4 |  | net worth falling |
| 2025-06 | 4 | delinquency rising | losing money |
| 2025-09 | 3 |  | 3rd-party paper>100% NW |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-08-03 [Today's Highest CD Rates Are Up to 9% APY. Here's Where to Get Them - money.com](https://news.google.com/rss/articles/CBMiU0FVX3lxTFA1aGZzQ2VOYkVkMGs4QXlEdDd4VzdDQ291R3BGTG5ZTERkZ3RBSVFTaVBSRTRuWkVCdEx6VE5sOExHX1BMeTN2RTZ4S2psMXVoVFFJ?oc=5) · money.com
- 2026-07-16 [Can you still get a 5% CD? - Yahoo Finance](https://news.google.com/rss/articles/CBMilwFBVV95cUxOVXNRb213T2ZoLUlIZGhwTkhFV3Z2LTg1bE1jeG1UOXVvRDlyYTJWY09hcDQ5SXNYOVVwSDFvSEtvR0hUaE5vakdLR3dJbE42eTNOa3RxZHNWZUFBdWRoel9nSWNqTGtzUEhwaEdlQXRIMWlaSHJxdGVhRE5mUzZ3OXNBdXdhbFg1MjBzckx2MDlwdDJDN1Iw?oc=5) · Yahoo Finance
- 2026-05-14 [Andre Agulto Achacon '26 - California State University, Long Beach](https://news.google.com/rss/articles/CBMiggFBVV95cUxOVF9NRDBsNmEtUkk1clZnRGtNMDNlX2s2TDdnT1VXVl9TSklhQ2xfdWZNcWUyZ1o3MndDNVZGbkRGTzJHeEhGUndnM05VYTN5SWhjemprT2kzc09iVzdITjJrYzI3TkdJMzY1RWdsWGRhYXdaVE5WNG1JVTFLM3o3dFh3?oc=5) · California State University, Long Beach
- 2024-10-22 [Southland Credit Union breaks ground on renovation - The Downey Patriot](https://news.google.com/rss/articles/CBMilwFBVV95cUxOWGsteHNWN3EtclFfUXFWZHVaNHhtbU5mSjRsV3NOMXU4QWQ4bEFFNXV0Z0tKM3FJUkpfZHJPUEF1TXFpVnlnRnVDT0VFSkhjYUc2T0YwbUFpdk1KczZpeXltSzN6eVQtclJMdlh5VU9TRTVZNWEyWVFJTEZGMTVxUzlyUFo2aEVRMGx3TEtxYW13aWhacVJr?oc=5) · The Downey Patriot
- 2025-06-02 [LA500 2025: Ana Fonseca - Los Angeles Business Journal](https://news.google.com/rss/articles/CBMijgFBVV95cUxNTmFlMVl6Vm5zenBkMzZkNGtLMFlMOEo5TUtYQzZzb18tTVBtSHEyVjc2RXVjMnhGVGF3R3kxWjV5STJpNjBuM1E5VTdzeTlBVmtXZE5LLUlmd2U1Q1NfN2RSQ0V2Q04zcENuUThyQ2ZzTGxuV2sweGxQVElkZlF1MWRjSHB4WC1WbzNkMVJB?oc=5) · Los Angeles Business Journal
- 2022-03-03 [Tom Lent named Chair of Youth Center 2022 Fundraising Campaign - The Event News Enterprise](https://news.google.com/rss/articles/CBMinAFBVV95cUxNRVRvVVV0NnVPajJQbnZMOWlYZmpwQ2M0dWVvNXFkYWF0dUNZS1lMc2JURjdEZzQyODhGZHZPVVlpcVd0M3hWREptcnpPS0NMZjB6TWVNZW1LYy1NRzhNZEk1UUpDUkpYaG5ydUt4a1dNQlFYRHUwM3ZTSmxobWdRLU9OS1ppMkZPM1lWU1p2TDBmRE9VMXFVeU5zWG8?oc=5) · The Event News Enterprise
- 2021-06-23 [Angie Avery - California State University, Long Beach](https://news.google.com/rss/articles/CBMicEFVX3lxTE9BSTk4LXVFUGJzMTBOZ0xQd2l6Vy1UMWgyeTZJTlhtWmVZek1GV2JnbmNSanNuRkNGbzByY1d6cHpqMGpQNi1vZFJ1QTU5YkxXVmR1RWdfUWdHM1JLZ2x1WUtFNTZfUUUwcHhZMFF2eEY?oc=5) · California State University, Long Beach
- 2026-04-10 [Bags for the Brave 2026 | Supporting our San Diego military community - cbs8.com](https://news.google.com/rss/articles/CBMi5wFBVV95cUxQMnZ3ZHlHUExzN1lQYm9OdXItemRWUXFuRk5yNy1yM25HWS1GNVdjT3lIWk1EaTg5Q1I5MDdwb2stcHpHd2U0dFNGczVNdkt3OU1jN2xZQ0FrRUJkZHhTWm92WGNGUDVScUF5NTBJWUV2ZUNoZlRQcDN0VEV5WFZfNnlzSzV6T3VtaUpWdU5PMHNidWllUjJpTnhWSTBhOXFNNkNwRXg2NWUtTFQ3TjVVRmxCMjNwVU5LTC1LcWpaLTlZbGJRUUhwYTE4T0U2ck5NNV9GWnc2UjFPc2VlQVYyZThzbk5wMUk?oc=5) · cbs8.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68415 (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/63.json (key "68415", 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=68415
- 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