# DOWNEAST
Baileyville, ME · NCUA charter 68563 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/downeast-68563

Who the members are: state charter, organized 1941, low-income designated. 25,342 members of 556,996 potential (4.5% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 76.

**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 | $327.7M |
| Members | 25,342 (8.8% YoY) |
| Full-time staff | 94 |
| Net worth | $28.9M |
| Net worth ratio | 8.8% (p12 of band) |
| ROA (annualized) | 0.51% (p37 of band) |
| Total delinquency | 0.80% (p68 of band) |
| Net charge-offs (annualized) | 0.27% (p38 of band) |
| Loans / shares | 93% (p92 of band) |
| Cash / assets | 10.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.51% (p47 of band) |
| Operating expense / assets | 5.31% (p97 of band) |
| Vehicles % of loans | 69% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 66% |
| Third-party paper % of net worth | 450% (p98 of band) |
| Vehicle delinquency | 0.88% (p70 of band) |
| Vehicle NCO | 0.26% (p26 of band) |
| Repossessed % of vehicle book | 0.06% (p65 of band) |
| Real estate % of loans | 17% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 35% |
| Certificates % of member funds | 33% |
| Average share balance | $6,405 |
| Participations bought / yr | $855,784 |
| Participations sold / yr | $0 |
| Participations outstanding | $8.5M |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $14,281 |
| Loans granted, annualized | $141.4M |

## Participation posture (from the same filings)

Bought $855,784 and sold $0 in the latest annualized quarter; $8.5M outstanding purchased (29.5% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 11.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2016-06 | 4 | expense trap, loans>95% of shares | delinquency 2x band |
| 2016-09 | 3 | net worth falling | expense trap, loans>95% of shares |
| 2016-12 | 2 |  | net worth falling |
| 2017-03 | 3 | expense trap |  |
| 2017-06 | 4 | loans>95% of shares |  |
| 2017-09 | 3 |  | loans>95% of shares |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | repo signal |  |
| 2018-09 | 4 | loans>95% of shares | repo signal |
| 2018-12 | 5 | net worth falling |  |
| 2019-03 | 4 |  | loans>95% of shares |
| 2019-06 | 3 |  | net worth falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 4 | loans>95% of shares |  |
| 2020-03 | 3 |  | loans>95% of shares |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 5 | delinquency 2x band, delinquency rising |  |
| 2021-03 | 2 |  | thin capital, delinquency 2x band, delinquency rising |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | margin squeeze |  |
| 2022-03 | 6 | delinquency 2x band, delinquency rising, auto monoline |  |
| 2022-06 | 3 |  | margin squeeze, delinquency 2x band, delinquency rising |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | loans>95% of shares |  |
| 2023-03 | 4 |  |  |
| 2023-06 | 4 | delinquency rising | loans>95% of shares |
| 2023-09 | 3 |  | delinquency rising |
| 2023-12 | 4 | loans>95% of shares |  |
| 2024-03 | 4 | net worth falling | loans>95% of shares |
| 2024-06 | 4 |  |  |
| 2024-09 | 3 |  | net worth falling |
| 2024-12 | 4 | loans>95% of shares |  |
| 2025-03 | 5 | net worth falling |  |
| 2025-06 | 4 |  | net worth falling |
| 2025-09 | 3 |  | loans>95% of shares |
| 2025-12 | 5 | net worth falling, delinquency rising |  |
| 2026-03 | 6 | thin capital |  |

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

- 2026-05-11 [Calais Middle/High School launches major improvement plan with $150,000 donation - The Maine Monitor](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQTEVYU0hORzVMSUh4UFNhbGNDV0d0aGZMLVFBMU12YlU1ZlllYzNVUWljU1VCQWR4V21ya1NEUVo5Q0xoaU9lSWl6V2s5dHNPVERFVklzaFRzejFsU0JPdVFtMTRaTGJib25PNFcxT3VGTzV5NXpqbm9YbFZzS0JvYXFYTUxzcjZkUnR5NzdWQXFRLTQ2QUtLczVwS2xXQlVsdkpObWxCaVVRT0E?oc=5) · The Maine Monitor
- 2025-11-06 [Harvest Moon Deli begins food drive for food drive - WABI](https://news.google.com/rss/articles/CBMihAFBVV95cUxQaEY4aVNfUEJiMUtDeE5WUldfZHpkZDFvWlJYV1VvZnZ4VWNHNTNXRXZyN2ZkdFBtOHU2eG9kU1ZnaWdLUlF6LWY5cEVNUWxhZ0RKaHlGR2puZ0swc1A4SEhHd0ZCWFBaVV9jTlBWZnVvLTNyemQwSzlBdHFhOXlLSFhOUGLSAZgBQVVfeXFMUF93ZTBZc0hyUkRTWEpqeUhCbmFLMlZtcGQtN1NQSFFOSUpQZzV6dlJobktvRzVlTEJHOXdMWldnRWlVWkowU01td3Vvb0dIRUZRMXl4ank3V3o1VHhvakFqWE91UHdkcXdZMnNYQkhPZy1WakZaOHBoX0Z4ZTY2eV96RERhWXV2SzBTR3Q1SmlKNmRlZkVBaTM?oc=5) · WABI
- 2023-10-12 [Here are the 2023 ‘Best Places to Work in Maine,’ ranked - mainebiz.biz](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNTndwcnZhSGxqdWE5ZUc1b21Qd1JzN21aMkNILXVjY3BKNmlzWTh0Rk03cFRWNXFhZ0ZtMldGSXZVV2RiX3NxMXlTZGZZRkJtbGU0T1Y2VkFKVE9RQUFZQnlaYkJ3SllxcWJpVGRUTWpKaXllTVd0MDZWT2J6OGVNam9CVUZpbVRRbFJF?oc=5) · mainebiz.biz
- 2020-10-19 [New rankings: Best places to work in Maine - WMTW](https://news.google.com/rss/articles/CBMihgFBVV95cUxNS2JabDdDeTdiajB2Ykp5QWhDMlNoelRQbGhjek4yNFJ0eENKYVNIallwSG40UGRxS0VveVdVa3EwNHFxZVJMcG1Wa2dadzhEcXlHUC1CSGtWaWh0TmJPVkVvaXllOXJpbmhhX1l2ZTFmdGRvTkpiRUVxQmdjVG9Lck02aUozUQ?oc=5) · WMTW
- 2026-01-22 [Obituary: Owen P. Melville - Sun Journal](https://news.google.com/rss/articles/CBMickFVX3lxTE9Pd0hPUEo2X0t6bnNWdlRGY3FkUUZaRGI1M3NwbEVFa2pLT1UwaTNCcDNINTc0QXItTGlUa2diY2cyVFQ0MWZTd1JtaW1yVGVxSkxBdkZoZDRLT3F4WFBhb0xqRXVXSXBTa0thQV9ZcUU1Zw?oc=5) · Sun Journal
- 2025-10-15 [Heady Times for Cannabis in Maine - Down East Magazine](https://news.google.com/rss/articles/CBMiZkFVX3lxTE03dzZTaUVkSHpMOXo1RndraXV0UUJETU51OTVLSTZ2RjAzLVR4NTE4ZmNacmlDODhCZjFSVWFRYXBzb2tjRkp2UnZsbkZNNkpRaHZ2bDAySnp6enFHY2FndEdESHowQQ?oc=5) · Down East Magazine
- 2025-07-25 [CEO’s firing is latest turmoil at an eastern Maine service agency - Bangor Daily News](https://news.google.com/rss/articles/CBMi4gFBVV95cUxQME51dG5FZEpvN180V3h3emFaZzJ1TUNicU5ZaENXSlFFamhmdkhES21aTTdzSXNaVEV2MVFTaUU3Um5HekRZcTdKVV9tbkJiNmRHYXBTYS1PS094YjgtdG9WRHFjSWg4QnFHYUgzdmV4aE1YdnRzUDY1cHRMSnNCNzRaUHNnVmRlZG4tWldGaS1NRmFVOEYtWF9fVWdNaThxeW9XMzhDb29ZOFRpeER5Zm5vVGQ1MnNCd0dUVEpRaEU3Q19CRUxKazE3bmRRXzFKYUlOQ3lya3prYk1uN1pRWDdR?oc=5) · Bangor Daily News
- 2025-08-11 [Here are the 2025 ‘Best Places to Work in Maine’ - mainebiz.biz](https://news.google.com/rss/articles/CBMiggFBVV95cUxOVHhCVm5aTnQ0S0g0QW45YVFFeWJsd0FGaVJkSGhaQmNsSFBrcFMwVFR3VGx6bTNjMTh0TnczYjdMWnF5NE8xa2FfdG0zWUpOcURqNGZmeWVsdWNkRUR4WWlHSnM4T1BGMnhMSmxnT1U4R3N5VXlTZHkwNWp3ZjkycUNB?oc=5) · mainebiz.biz

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68563 (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/19.json (key "68563", 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=68563
- 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