# ICON
Boise, ID · NCUA charter 68594 · asset band $200-500M · 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/icon-68594

Who the members are: state charter, organized 1952, low-income designated. 29,041 members of 731,815 potential (4.0% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 73.

**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 | $360.5M |
| Members | 29,041 (9.8% YoY) |
| Full-time staff | 105 |
| Net worth | $43.7M |
| Net worth ratio | 12.1% (p78 of band) |
| ROA (annualized) | 0.99% (p90 of band) |
| Total delinquency | 0.05% (p4 of band) |
| Net charge-offs (annualized) | 0.18% (p26 of band) |
| Loans / shares | 94% (p96 of band) |
| Cash / assets | 10.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.03% (p64 of band) |
| Operating expense / assets | 3.41% (p54 of band) |
| Vehicles % of loans | 58% (p85 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 84% |
| Third-party paper % of net worth | 327% (p91 of band) |
| Vehicle delinquency | 0.05% (p7 of band) |
| Vehicle NCO | 0.23% (p22 of band) |
| Repossessed % of vehicle book | 0.03% (p58 of band) |
| Real estate % of loans | 34% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 23% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 32% |
| Average share balance | $6,235 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 73% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $13,863 |
| Loans granted, annualized | $139.3M |

## 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 | 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 3 | margin squeeze |  |
| 2017-09 | 3 | loans>95% of shares | margin squeeze |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 2 |  | auto monoline |
| 2018-09 | 2 |  |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | delinquency rising |  |
| 2019-06 | 3 |  |  |
| 2019-09 | 2 |  | delinquency rising |
| 2019-12 | 3 | net worth falling |  |
| 2020-03 | 2 |  | net worth falling |
| 2020-06 | 1 |  | loans>95% of shares |

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

- 2026-02-11 [Credit union hopes to tear down Bench 'pyramid', but keep small portion to alleviate zoning code requirements - BoiseDev](https://news.google.com/rss/articles/CBMib0FVX3lxTE5jZUY1WUItYXhQbFhIT0ZqdElUR3U3clR0NkhBT004NjhyQmJ6V3FQQkl3aXlRemMyMUZ2SW8xQTJXUE9tS3V3Skh2X21IVXV3ZnB5bC1qV0tmWTlJTnlhSHdiQUgyZC1FaXlORzA2OA?oc=5) · BoiseDev
- 2020-01-16 [Icon to merge with Spokane-based credit union - Idaho Business Review](https://news.google.com/rss/articles/CBMikwFBVV95cUxORkxLMFdkcE11NDhyOFZpcjNqaDFtWDI4eDhKM1h1SXUwcHV3anVuUy1BNVBaeVA2RW9rOE5uNnNBaG9Ld3RET1plNHpXYVAtWmxEbExDd29TQkZJcHRqZnNlVVBnekh4VWlRZ1doTEkyWEFYZlE4TkxSbng4MGlyNmd3VHo2SnRRUlMzZ3czdDA0WlU?oc=5) · Idaho Business Review
- 2026-07-24 [Pocatello conditionally approves massive student housing complex at former PMC site near ISU - Idaho State Journal](https://news.google.com/rss/articles/CBMilgJBVV95cUxNWjVoc1dENU9NUHFudVp3VU9BTUdhV2tXUm45YUpXbGU4MGRrTFVvVldMY2JRQTRFZTc1VFFGbUNRbVRHMmFHZkxKdlpoaXdyMTdCcXdJWDJVa0VMeUZyUDdscGZsNzhrXzZWVFVVVTZhb2xwNFlvazVQekp5S2NfMkZPYnBQR1U5clpCWWo5c3NwWWh5VTdELVQwcjN3NmdVYmp5eTVJT3gtakZ6SWhuQk1nYWxrQjlKWk1BaXFRcjVkb2dSa2dXbDNVVjF4ZHJFMUZOQWpXcExySlUyQ2xPYTNSZHZMSUFqOEFKXzJPcXRNV2k0VGxPbDVQZDA0NnpWOGdXN0d6dDhiSXFaajJ4dFZ3eVYyUQ?oc=5) · Idaho State Journal
- 2022-03-17 [Horizon Credit Union promotes two to Vice President - CUInsight](https://news.google.com/rss/articles/CBMilwFBVV95cUxPeHJtcGdpUzI1Nl81NlpfT0t5eTNoT3gxT3NSQkJROHpOLXlaWG9WVmhNSnBYQlE5M3V2R1MwYnJIRk5RMlh6OC1tR0J1LTNaRmFNd0ptYkh0T0VNZzZ3NGRVTU9kaXhkZDVwZWVZaW4zelhIcVpPTmN0LTVPN1B5VjZQLXBoanNMZk0wWGp1WlRmbU9sU3pv?oc=5) · CUInsight
- 2026-06-02 [Rock icon Rick Springfield to perform this August in Idaho Falls - Idaho State Journal](https://news.google.com/rss/articles/CBMi8AFBVV95cUxOWXA2bU9tdUFlTW5XdFk3ekltYnZaTmpJNzAtMERjdTZzUmVCQi1IcWF4UlM2MnkxNlV4dzREZ1cyOHZnQVN5dU4yY2VNWlYyMkd1TTh2Nk9PNkExdVg4X2tndEVYcGlCYkY1T2dBYjNWWG80aHg5SVJwVGNaYkZVV0R2aVprd2F1WHlPRGkyb2laT2VtTEFVRGRtaVd0Z3pSLXVRSnVyUGNfQkpkVVZ6MDltc2VIZTNqeDRaRE1YVUhsU2NJWk01WkhvRjhTWHhMQkVwZXlDMWdLWklTdTlKd2h5aTNtM1k4eG0wZjRIMUw?oc=5) · Idaho State Journal
- 2025-05-02 [Idaho credit union to expand into Montana with bank buy - Banking Dive](https://news.google.com/rss/articles/CBMisAFBVV95cUxOMEZiR2lmS09MU1pIUDBHTWg0UW5wWWxrQk45OEtIT3llR1Y2VkdkcVRocnNmM0p3Z1EwZlh2blRsdjhxMEdCTDhsMlJtY3doRFRtc0xSeTRHcExtYmh2MDBQb2hIWllManlsQkFzVHQ3MlNobklXZ2FEcldIeDhSa0VoTVREWEVFT1REYkRXYTBUVE1vbFB5cEJqVko1Wm5xeUNJblBXckJ0WHIxMTlMSA?oc=5) · Banking Dive
- 2019-10-07 [Southwest Chapter of Idaho Credit Unions hosts annual Super Market Dash - Idaho News 6](https://news.google.com/rss/articles/CBMioAFBVV95cUxOYmxLeGZZLUxQallubW9OOXpFaXlEd1JTUmVDTUdNS0w5NlhlSHdyb19FRWtjWEU2YWR4XzFNZEZKWFBFUWRvSjBFTlBqUWdqd3BUNHJpRTRlWkoyb3F1djlsSVBwWDducDJ2UUp1dWZKUjhCam54bFd6ekF6aTlnMHo5OVJWcTZUaEIzSnFIRklTZk9LM2x1Z01pV1RCVlhf?oc=5) · Idaho News 6
- 2024-02-01 [Mergers are usually on the Horizon - Spokane Journal of Business](https://news.google.com/rss/articles/CBMihAFBVV95cUxNcXZ0ejkwQlBTVEFKZVhlTUNVWHU0dHphYTNNY1BfcmhfVFVvT2pmRl80WkRPNzROMnc5QXVzTUVzYndSVVZJcFhUNjQ4S21JSDVDbVV1d19mUURKM296RHpnQ3I3Y0FiQmEtQkV6YW9pT2dkVmRId284WWJRNW9uTGQzQ24?oc=5) · Spokane Journal of Business

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68594 (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/50.json (key "68594", 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=68594
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide