# MID EAST TENNESSEE COMMUNITY
DECATUR, TN · NCUA charter 68590 · asset band <$50M · latest filing 2020-06 · stopped filing after 2020-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/mid-east-tennessee-community-68590

Who the members are: state charter, organized 2008, low-income designated. 1,492 members of 96,070 potential (1.6% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 62.

**Verdict on the desk:** this could be *stressed*. Composite score 12 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $10.3M |
| Members | 1,492 (-18.8% YoY) |
| Full-time staff | 5 |
| Net worth | $-197,027 |
| Net worth ratio | -1.9% (p0 of band) |
| ROA (annualized) | -4.23% (p1 of band) |
| Total delinquency | 0.57% (p47 of band) |
| Net charge-offs (annualized) | 10.02% (p99 of band) |
| Loans / shares | 51% (p44 of band) |
| Cash / assets | 45.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.78% (p79 of band) |
| Operating expense / assets | 6.70% (p97 of band) |
| Vehicles % of loans | 71% (p73 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | – |
| Vehicle delinquency | 0.79% (p64 of band) |
| Vehicle NCO | 15.34% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p45 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | – |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 22% |
| Average share balance | $6,750 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 62% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $5,746 |
| Loans granted, annualized | $708,982 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 7 | thin capital, expense trap, delinquency 2x band, charge-offs p90, repo signal, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 7 |  |  |
| 2016-09 | 7 | net worth falling | expense trap |
| 2016-12 | 6 |  | net worth falling |
| 2017-03 | 7 | members leaving |  |
| 2017-06 | 7 | capital below 7%, margin squeeze | charge-offs p90, repo signal, members leaving |
| 2017-09 | 7 | charge-offs p90, members leaving, loans>95% of shares | capital below 7%, margin squeeze |
| 2017-12 | 6 |  | members leaving |
| 2018-03 | 8 | net worth falling, expense trap, margin squeeze | loans>95% of shares |
| 2018-06 | 8 | capital below 7% | expense trap, margin squeeze |
| 2018-09 | 9 | margin squeeze, members leaving | net worth falling |
| 2018-12 | 6 |  | capital below 7%, members leaving |
| 2019-03 | 9 | capital below 7%, losing money |  |
| 2019-06 | 14 | net worth falling, expense trap, delinquency rising, loans>95% of shares, leaning on borrowings |  |
| 2019-09 | 14 | assets shrinking, loan book shrinking | delinquency rising, loans>95% of shares |
| 2019-12 | 16 | delinquency rising, members leaving |  |
| 2020-03 | 14 |  | 3rd-party paper>100% NW, delinquency rising |
| 2020-06 | 12 |  | delinquency 2x band, leaning on borrowings |

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

- 2020-08-04 [Mid East credit union merges with ORNL FCU - Oak Ridger](https://news.google.com/rss/articles/CBMiowFBVV95cUxNZ0ZhRGVLLUxtTzlfNnpiRnVpOEFIa01CeE9MRmJrMjVvaHNOOWpndFJNZlQ5QnJLdkVsNnBBYzdYaU9WVFdPMjVqWHQzVTFTcDZXM1Qtb1JZUEZodTQ5cnJCZHBmdTVBdzRYUUlPNGNTVmo4NDJTQ3lJRW9menh5QUg4VTJxVHp0cVZvYm54T01kQ19RSGsxSnZxVGxZa1ZrSmNN?oc=5) · Oak Ridger
- 2024-07-02 [2012-2024 List Of Failed Credit Unions - Bankrate](https://news.google.com/rss/articles/CBMib0FVX3lxTFBqUTBmbUhvaEh6UXpMOERnZTMzUjU2djBQVUVxMHd4UmZFRF84OWFtelZtZXQ3eTF5ZE5fbE5YVTRIUWd2dDVDWjZxZ3F4d3gwRFhMV2FyT21RWXlTLVVoRTE5Z0R1Ql9iMHVmYndZUQ?oc=5) · Bankrate

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68590 (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/46.json (key "68590", 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=68590
- 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