# NORTH COUNTY
San Diego, CA · NCUA charter 68463 · asset band $50-100M · latest filing 2024-12 · stopped filing after 2024-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/north-county-68463

Who the members are: state charter, organized 1953. 2,663 members of 40,000 potential (6.7% of the field); checking penetration 81% (share draft accounts per 100 members); loans per 100 members 24.

**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 | $71.4M |
| Members | 2,663 (-9.7% YoY) |
| Full-time staff | 8 |
| Net worth | $6.7M |
| Net worth ratio | 9.4% (p15 of band) |
| ROA (annualized) | 0.12% (p18 of band) |
| Total delinquency | 0.01% (p1 of band) |
| Net charge-offs (annualized) | 0.17% (p31 of band) |
| Loans / shares | 37% (p8 of band) |
| Cash / assets | 37.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.05% (p4 of band) |
| Operating expense / assets | 2.51% (p16 of band) |
| Vehicles % of loans | 19% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 39% |
| Third-party paper % of net worth | 83% (p79 of band) |
| Vehicle delinquency | 0.04% (p12 of band) |
| Vehicle NCO | 0.90% (p82 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 63% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 57% |
| Core shares % of member funds | 57% |
| Certificates % of member funds | 28% |
| Average share balance | $10,786 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $37,669 |
| Loans granted, annualized | $9.6M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | 3rd-party paper>100% NW |  |
| 2016-06 | 2 | repo signal |  |
| 2016-09 | 2 | net worth falling | repo signal |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 2 | members leaving |  |
| 2017-06 | 2 |  |  |
| 2017-09 | 3 | losing money |  |
| 2017-12 | 5 | delinquency rising, assets shrinking, auto monoline | members leaving |
| 2018-03 | 4 |  | losing money |
| 2018-06 | 2 |  | delinquency rising, assets shrinking |
| 2018-09 | 4 | delinquency rising, leaning on borrowings |  |
| 2018-12 | 4 | losing money | delinquency rising |
| 2019-03 | 3 | net worth falling | auto monoline, leaning on borrowings |
| 2019-06 | 3 | assets shrinking | net worth falling |
| 2019-09 | 2 | members leaving | losing money, assets shrinking |
| 2019-12 | 3 | net worth falling |  |
| 2020-03 | 2 |  | net worth falling |
| 2020-06 | 6 | thin capital, margin squeeze, loan book shrinking, leaning on borrowings |  |
| 2020-09 | 5 |  | margin squeeze |
| 2020-12 | 3 |  | thin capital, leaning on borrowings |
| 2021-03 | 5 | thin capital, margin squeeze |  |
| 2021-06 | 6 | net worth falling, assets shrinking | margin squeeze |
| 2021-09 | 5 |  | assets shrinking |
| 2021-12 | 6 | margin squeeze |  |
| 2022-03 | 5 |  | margin squeeze |
| 2022-06 | 4 |  | net worth falling |
| 2022-09 | 4 |  |  |
| 2022-12 | 4 | assets shrinking | thin capital |
| 2023-03 | 4 | delinquency rising | loan book shrinking |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | delinquency rising |
| 2023-12 | 3 |  |  |
| 2024-03 | 2 |  | 3rd-party paper>100% NW |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 | delinquency rising | assets shrinking |
| 2024-12 | 2 | net worth falling | delinquency rising |

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

- 2026-01-27 [North Island Credit Union Celebrates Grand Opening of Temecula/Murrieta Branch With Community Ribbon-Cutting - Yahoo Finance](https://news.google.com/rss/articles/CBMiigFBVV95cUxORHNXTnl0SlQ5YjI5ZW5fWUtKNU1heVF6NFNyWEdFem0zcTlwSVJBenB0bmZaeHJmRGRWdDVKeXltUkJpLU1za29vUUVlb1Q2N1JJTVV1cWo3cXNvMmYwRTU2dVVUakstbmxyaFkwNnlDQkpjcnhNN1lETVdXdVZ6WGVIYTBiNXltRFE?oc=5) · Yahoo Finance
- 2026-04-18 [Elderly driver crashes into SDCCU Carmel Mountain branch - 10News.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxOWFk4b3I2MHZaUnBQQ2w1dmstMTlINFZsTWEwcTg5TjdvS0tCVHZ1em4zUkxKVnExLS1LV2pBRU1qYU41Y0tjTHE5VkJkdEJmZk5WWFVmejBtbmlNTFppd0hUVTBJcWtNelNWcDJKVEJtVjh2cV9mbHhhYlNKRzI2aTRFNkoyQTV5c1NDNDdWZXdNYlZDMGR3TlFyUWZKcnpXcTV3NmZJWS1oWVZUbF9iZkpQcw?oc=5) · 10News.com
- 2026-03-22 [Senate leader Monique Limón honors 11 Women of the Year from California’s District 21 - edhat](https://news.google.com/rss/articles/CBMisgFBVV95cUxNNFRqanBwemZWZDlTQUZEZFFXRGFtRDhKWEF1ZzJJMklrYVA3b19ia0hhenRNcEtHUUdvYUUyZi1JNFhTWE1iUVNzM2ZaMnk1dHRMUGZKUG5kcXB4ODJIMkw3bDViMTk3QmM2ZkJfaEtsZ0ZsMHpqQVhrblpJQkRDRWw2bGpCbV9PaXUxUWpXRE03QWNIalE1bm41cUNjVjlMX2R1eU9iaXFIRFdtVG80OWVB?oc=5) · edhat
- 2023-08-22 [Dierks Bentley at North Island Credit Union Amphitheatre in Chula Vista, CA - Loud Hailer Magazine](https://news.google.com/rss/articles/CBMixAFBVV95cUxPODQ4bTZUbFJLSWdrWXB1WjFVcUU1Qk03bXpKM0ZZTDZnZUtqdXZqV3ZXeDdSTnd3cUdFNXpBb1hmRGNOczlLcnVtN3U5Y1dxRnN2ckRyVm1DQVFVUGVrUjl6Y2VGb2kzbWZFTTVwM0kycE5VWEFlakhpRVBaZnVpcENiLThtOFA5VmtOUnhLSTN6MTNoRExWQ3YxRllId2I4VFpEWVh1X0VHbm5mcHo0XzJuMjZOTUVzdVgxQkFqMjJrNDVL?oc=5) · Loud Hailer Magazine
- 2023-11-29 [San Diego area credit unions lean into 'good guy' image while charging millions in overdraft fees - KPBS](https://news.google.com/rss/articles/CBMirgFBVV95cUxORFd0cE9JUmtURkNueUlrNDU3eUFJT0lMbFh0ekxHcUUzVlhDOFFpd0VZbUhmWXZ6UHl2OWRjYzN6cTJ0QjN5SzBCUzVnelV2UTdBZDJlMVBaZVlhNndWOG9HT3NOVnRzQi02TVo2cG5BdUFwN3RGTGN4VUxvRUdGSklQR0otczBlOGp0amV3VmxnUlZNcy0zQTRmSjQwZXhUblVfTGVLRmtmQkl4X0E?oc=5) · KPBS
- 2024-02-01 [North Island Credit Union Opens New Full-Service Branch in Escondido - Times of San Diego](https://news.google.com/rss/articles/CBMiuAFBVV95cUxOZVBiNVlnYWJkLVNNT1QzaGJtUndwUFRlWXJlVzV3blRJWW1nenl4T0EteDE1MFRvUVhWUWM0N292dDI4WnFWeGNzWnhQQjQwSVFBSlgybk5FelZoeTcxeFlmbGx1ajZ5c1JRbGFnb3dqRFVOY3ZVS1hUbVRlVmpOdjUtZTl4aWo2XzVPOG9zUThyT0pwRXFVdXR4SGZ5VGVRT3pvd01GMWgwbkdzbnpVMktQT2xCMktY?oc=5) · Times of San Diego
- 2026-05-20 [Carlsbad Teacher Named San Diego County Teacher Of The Year - Patch](https://news.google.com/rss/articles/CBMilAFBVV95cUxQYlRORHpFeVFOczlLMFB3cUM4d1RtRHRQSFFjcVZvdkJpdFhxdWR6WHpoQ2RfTmt2WEhXN3Nib056b0pGSGF3WHpvOEhBOXZrV3A4ZHdKLWlhUjhTa2pOZnNrbS1ock1JNzlTSTZ0cWRzUnNKTkY2VDZETy1hbjFvNVBnRUo1bFBOSlB4aTRxQlZseHgw?oc=5) · Patch
- 2024-04-18 [North Island Credit Union celebrates new Escondido branch - Escondido Times-Advocate](https://news.google.com/rss/articles/CBMinwFBVV95cUxPQXdrV205ZjlIcmVqUzVSRGRCYk9razhoWTdzVkx1aHF1ZkJnYk1XNGFBQ2xaZnA1SklPdDdnY0tHUV9SYUxIV1ZkekMtMGZOc1dMSlN1bTFtQlJubG5IRjJ4X1R1ZXhXSlVZU3FnTC1TUFRYd0FqTFZxTktYbk5ET1ZpendocC1jNE5URXNfU0M3TGtKX0hFTnJtWlNvUk0?oc=5) · Escondido Times-Advocate

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68463 (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/47.json (key "68463", 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=68463
- 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