# TRAVERSE CATHOLIC
TRAVERSE CITY, MI · NCUA charter 6844 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/traverse-catholic-6844

Who the members are: federal charter, community charter, organized 1950. 6,697 members of 195,857 potential (3.4% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 76.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $92.6M |
| Members | 6,697 (-2.4% YoY) |
| Full-time staff | 20 |
| Net worth | $9.2M |
| Net worth ratio | 10.0% (p21 of band) |
| ROA (annualized) | 1.50% (p85 of band) |
| Total delinquency | 0.12% (p14 of band) |
| Net charge-offs (annualized) | 0.51% (p71 of band) |
| Loans / shares | 64% (p55 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.83% (p58 of band) |
| Operating expense / assets | 3.20% (p38 of band) |
| Vehicles % of loans | 38% (p42 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 64% |
| Third-party paper % of net worth | 139% (p90 of band) |
| Vehicle delinquency | 0.03% (p13 of band) |
| Vehicle NCO | 0.91% (p79 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 39% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 43% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 11% |
| Average share balance | $5,779 |
| Participations bought / yr | $201,276 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.3M |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $10,366 |
| Loans granted, annualized | $25.9M |

## Participation posture (from the same filings)

Bought $201,276 and sold $0 in the latest annualized quarter; $4.3M outstanding purchased (46.3% of net worth), $19,067 sold and retained. Sold in 3 and bought in 8 of the last 8 quarters. Shares 2.1% year over year.

## Flags firing in the latest filing

- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, 3rd-party paper>100% NW |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 3 | net worth falling |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 3 | delinquency rising | net worth falling |
| 2017-09 | 3 |  |  |
| 2017-12 | 5 | delinquency 2x band, charge-offs p90 |  |
| 2018-03 | 4 |  | charge-offs p90 |
| 2018-06 | 4 |  |  |
| 2018-09 | 3 |  | delinquency rising |
| 2018-12 | 4 | charge-offs p90 |  |
| 2019-03 | 3 |  | charge-offs p90 |
| 2019-06 | 4 | net worth falling |  |
| 2019-09 | 4 | losing money | delinquency 2x band |
| 2019-12 | 4 |  |  |
| 2020-03 | 6 | capital below 7% |  |
| 2020-06 | 7 | margin squeeze |  |
| 2020-09 | 6 |  | losing money |
| 2020-12 | 5 |  | net worth falling |
| 2021-03 | 5 |  |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 4 |  |  |
| 2021-12 | 4 |  |  |
| 2022-03 | 3 |  | 3rd-party paper>100% NW |
| 2022-06 | 3 | delinquency rising, 3rd-party paper>100% NW | capital below 7% |
| 2022-09 | 2 |  | delinquency rising |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | delinquency rising |  |
| 2023-06 | 4 | members leaving |  |
| 2023-09 | 4 | assets shrinking | delinquency rising |
| 2023-12 | 4 |  |  |
| 2024-03 | 5 | loan book shrinking |  |
| 2024-06 | 5 |  |  |
| 2024-09 | 4 | delinquency rising | assets shrinking, loan book shrinking |
| 2024-12 | 3 |  | thin capital |
| 2025-03 | 3 |  |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 2 |  | delinquency rising |
| 2025-12 | 1 |  | members leaving |
| 2026-03 | 1 |  |  |

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

- 2018-02-01 [Mary Ann Drury Obituary Feb 1, 2018 - Reynolds Jonkhoff Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMiZkFVX3lxTFByZHVHRjBtTXhKeUxmZl9ya2R6LWlVRXdhLXBXeHdETk5seTV6OWFybW0tUHFNM0M3VE5na2pzbG44T1YwUm5fd3daOUYxTHZIaUJQN2xDaHFidTYyT0pzaHNKNm9nUQ?oc=5) · Reynolds Jonkhoff Funeral Home & Cremation Services
- 2025-11-07 [Community banding together to help people impacted by federal shutdown - WPBN](https://news.google.com/rss/articles/CBMisAFBVV95cUxOeEY4cjdfZlk5bWFQQ0ZJaWhSR1ZKX2gzenZsNElHOFlHTWlNSERTRlFYZHRuZ0pjSm5iaHJwNG95dFpyamNaeGdLblNLTlVTTzVLQm1CX2ZUUVpmZGdQQU9aZGRWeUZNZmFXNU9yWXQxYUNscC13MVVwY0Rub0JnelQxbjNSZUhBX1E2dVNkRDhfTnFrdFF4U25wY0xJcXFyTmN3eGhENFdfNnR4dG1iQg?oc=5) · WPBN
- 2013-06-17 [Donald Swaney Obituary - Traverse City, MI - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNa3lEcm03Nmw1bEVubFhaM0tuT08tZU5ENFBqRGxtWVpNT1N4Z19wT1d3Z1NpTVNfbW9nV1pvOUYtenJ3eWlRTS0xNDMwMllGNk5hVW9aVnE3eVJKclN4WEZPcjZnUkE0MVV6T1ZyVGNKN0pfbUJISmczMEJDV0M2U2gxTnhwMV9q?oc=5) · Dignity Memorial
- 2025-03-11 [Michigan Financial Institutions Fund Multi-Million-Dollar Pickleball Facility - Construction Owners](https://news.google.com/rss/articles/CBMitwFBVV95cUxOYnN0aHRUd21KcEVyOUNUNFFfMmhmb2U4djVjNXowcldGQ0prSDRWdXRuNnhaRk5wbzdHOHpYeWxfTzNxWXJoR0J2ZHZFM1FWNjVodTNYR2U2eldueExXUGVVLUxPWHY1T3RSaVQzSW1MQl90ZUlmR2NnZDYtbTBZMXRDaGxsb29sNnZrMWthTnY5LVlCaXpSNUtETXF3UUw1UVhESHVDQkpFWFplN2t2U19WZFhsY0U?oc=5) · Construction Owners
- 2022-11-26 [Adrienne Mae Rudolph Obituary Nov 26, 2022 - Reynolds Jonkhoff Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMibkFVX3lxTE1JanlBUkhHN01RYW9lUmc0MWRqaWg0MTktNTQyckVOOXhoY3d2UlBKWnlHa002RGNGNGpidkNiSWIxdWwzX2Z3MzNfWVJRNlMxXzRITEd2Xy1KX0Nkc01RQngwS2g1TUNEU1pMcWln?oc=5) · Reynolds Jonkhoff Funeral Home & Cremation Services
- 2009-03-26 [Kathleen Plough Obituary (2009) - Traverse City, MI - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxQazFVWE9lLTBMbnNSNlRIazFwX0ZyeFY2b2ZGdjlSYWRncVk5Wk9XSm9ESVRGbUF5b1ZnNTJ6MHlNTHp5WXlpVElrNnpRTWZwcHRsSDN0Q3RpS0dQdE92OGNtbk5tLS1vdDE3eHM3dEdLbk5tZ2RvdFNyRFRic3JNWFlXNzE?oc=5) · legacy.com
- 2012-08-19 [Thomas L. Hoffman Obituary Aug 19, 2012 - Reynolds Jonkhoff Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMia0FVX3lxTE12VXlhVi1sMTk5dURnNG5XUm9DMC1HMmdyTi1QcHJUTzBFSEhWOVRjUWo5eWpVcTNRb1JOSHNMaHRJZ3VLejktTUhHdFdVeFFZQkpHYnBlLXZkN2VxaHNWbEpwQWZTQnNuaGhB?oc=5) · Reynolds Jonkhoff Funeral Home & Cremation Services
- 2013-11-05 [Michael Edward Ouwerkerk Obituary Nov 5, 2013 - Reynolds Jonkhoff Funeral Home & Cremation Services](https://news.google.com/rss/articles/CBMib0FVX3lxTFBQRnF3UVFBYTM2cjRrX3doUzJNWjRhVlUzOXVyWUFKYU1xYmxBblBQN2dfMFFzbWxVaUdacGEwWDJzVVY4SFhoLUxsVlBsTnQxbDZ1SGh5bzBPNzktVTQtRG51ZXBqakxmRUdUZE5xcw?oc=5) · Reynolds Jonkhoff Funeral Home & Cremation Services

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=6844 (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/60.json (key "6844", 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=6844
- 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