# THE SOUTHERN
Fayetteville, GA · NCUA charter 68638 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-southern-68638

Who the members are: state charter, organized 1963. 30,052 members of 1,293,645 potential (2.3% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *quiet fade*. 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 | $564.3M |
| Members | 30,052 (-3.4% YoY) |
| Full-time staff | 80 |
| Net worth | $64.3M |
| Net worth ratio | 11.4% (p64 of band) |
| ROA (annualized) | 0.36% (p25 of band) |
| Total delinquency | 0.10% (p3 of band) |
| Net charge-offs (annualized) | 0.13% (p13 of band) |
| Loans / shares | 42% (p4 of band) |
| Cash / assets | 13.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.94% (p18 of band) |
| Operating expense / assets | 3.42% (p42 of band) |
| Vehicles % of loans | 47% (p84 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p7 of band) |
| Vehicle delinquency | 0.16% (p8 of band) |
| Vehicle NCO | 0.05% (p4 of band) |
| Repossessed % of vehicle book | 0.01% (p39 of band) |
| Real estate % of loans | 40% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 69% |
| Certificates % of member funds | 17% |
| Average share balance | $9,171 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 63% |
| Average loan balance | $14,974 |
| Loans granted, annualized | $90.8M |

## 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 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | delinquency rising |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 0 |  | delinquency rising |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | net worth falling |  |
| 2020-09 | 1 |  |  |
| 2020-12 | 1 |  |  |
| 2021-03 | 2 | margin squeeze |  |
| 2021-06 | 2 |  |  |
| 2021-09 | 0 |  | net worth falling, margin squeeze |
| 2021-12 | 1 | thin capital |  |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 0 |  | thin capital, net worth falling |
| 2022-09 | 1 | delinquency rising |  |
| 2022-12 | 0 |  | delinquency rising |
| 2023-03 | 0 |  |  |
| 2023-06 | 0 |  |  |
| 2023-09 | 1 | assets shrinking |  |
| 2023-12 | 1 | delinquency rising | assets shrinking |
| 2024-03 | 0 |  | delinquency rising |
| 2024-06 | 1 | delinquency rising |  |
| 2024-09 | 0 |  | delinquency rising |
| 2024-12 | 0 |  |  |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 0 |  |  |
| 2025-12 | 2 | delinquency rising, members leaving |  |
| 2026-03 | 2 | net worth falling | delinquency rising |

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

- 2025-11-06 [As work on new Columbia headquarters continues, SC bank expands out of state - Post and Courier](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQYWlGX1l1cWdpbnFmOWR4Mi1KVVVaMEFKcGlYNVVKbTJSaXQzU25halpOZWZ3Q2xzTWxFSDVRZ3N5N1hUdGNVUERFM3VJSW5Jd2NhQVBrX0ROM1d2ZjZLTG5MTFV1b2J3ZjQ5blowTkpDMzEyaXVIaE5WSWljdGRjTExjel92SzF4TGxNd1RlM3hRMHhKX2hfM1NfYklnYlE2YnZyaGtIM3hRMm8yaHdLYVRVSldlUEwteFZKZFNfR21BclpxQTI5VnBibTZITmZQdlZjb2N3?oc=5) · Post and Courier
- 2026-01-28 [The Black Crowes & Whiskey Myers Announce Massive Co-Headlining Southern Hospitality Tour - Live Nation Newsroom](https://news.google.com/rss/articles/CBMiwwFBVV95cUxQT3o2UV9GOERXdGpPY1VCMjJKOTVHYWJFY0hFaDk3YmFlTUdOZVF6UzhheTZuZmJORFQ2OE53MHdDR05ZUkpLZ0dCZUg2UEdNVG9GaElZQ1JnTVZqQ1oyMHA5MTkzZHFhQ2YwMG5TTW9QSk83aXRfT1k1MTdQSnpPNklMSUUyMk4wcU9PLVpZUUZtYXlyYTZ1UVZ2ck5SNFRCQVp4LWVZSE54Q2ZyWjlDeGxDWENZU0dvUEpKdW9qSmsyZnM?oc=5) · Live Nation Newsroom
- 2026-06-06 [The Black Crowes’ Chris Robinson Addresses Backlash Over Onstage Comments - Billboard](https://news.google.com/rss/articles/CBMiqAFBVV95cUxPTV9Fc2RlVlhCTmJJb1dtQU44WlR3MnFiNzVtUkdoMFh4dmdHWVNLTUZVRnBFLU12MktiXzhTS1hocllOQXRkOW8yeE9KdnIzWHo1eDRRVlZ2R3VsX0Exb0ozdjFtTzVPSlA2c2pGLWFVUHpSSmhTQnIyOWkzbG1JdFJuYUNpdjQyQ054LXpySF9oZkFxNjRLWmpFaGZxSS1uX2kyVGxmZXY?oc=5) · Billboard
- 2026-03-28 [The Black Crowes and Whiskey Myers Team Up for the Southern Hospitality Tour This Summer - That Eric Alper](https://news.google.com/rss/articles/CBMiygFBVV95cUxPQUNTaGc0b1E5WkZYNm96bm1lbmJmeVRBVE1wbVhtODFVRTdVVDF2VXZzRV9pdVQ0UFp6NHRHa0E0RHRKNkNFbTkyRUFOckZTMl9vY0VPVjVod1pDdklHcVF6a0FTWFdreTNIeVR2MmFjUFQtN3FrREs0S0g2LVY3Qlo4MGtQR3dTUk9GdENkNG5zSmhNUUtNaDk2a1VsalRzVjhlOVhvOWNhaURsR1ZQQ3A5YThwaGxNc2JxU1hKTjdDZkt2a1pfcVlB?oc=5) · That Eric Alper
- 2026-01-29 [The Black Crowes and Whiskey Myers Plot Co-Headlining Southern Hospitality Tour - TicketNews](https://news.google.com/rss/articles/CBMitgFBVV95cUxQTTJDNW1tekxlY2p0WlI0WFlZTTMtY29KZ1phOUZyTmpobnNtbHBJMGZtLWNxb0VDYWtQZUU4Q0xIUmMtd3laTGdYeGlVaHdabURfNnFqWE9HbVRnN3BfalNuRU1iZlBKRjU5REl0S2NFaEtidjJXTWREWldVclNLemRCclF4Y1NqZlM5LUZxVFFia3BzRXpYVE9tRGhDMFdFS1RVcEpEanRXbU5TcE5oNHdqTWV6Zw?oc=5) · TicketNews
- 2025-02-06 [One month until SoCon Week: Here's what to expect - soconsports.com](https://news.google.com/rss/articles/CBMiYkFVX3lxTFBVVkZuMy1HTjNqOVpNVkx4OEdQa1pzelQ5ckdrdWt6amtSSTljdThrU2RQRWVSMmVacUFqR0YxemlDMjFWS1Q3ZUJYMnJQWTEwdnZHYVNOc01TbV9tSzJwTWVn?oc=5) · soconsports.com
- 2018-05-06 [Why This Historic San Antonio Credit Union Got a Makeover - San Antonio Report](https://news.google.com/rss/articles/CBMijwFBVV95cUxOOHZUaFU5TGllZUtJazc3Zzk2TEhpWXRBS3RNWU41UXUyNlhWTUhSTkNYZl9HNUFqRnVmc2lFUXdUM09qWFN3czhwbHBWbHNvSm1KVTFKeklfenBHNjU4QlFiWDNQalV0R0s3YlQzNmFSX3JuU2cxMDBZZ3V5YWJPNGw3TEVtTzBUZ01wdzZSMA?oc=5) · San Antonio Report
- 2026-01-28 [The Black Crowes, Whiskey Myers to Launch ‘Special’ Co-Headlining Southern Hospitality Tour - Billboard](https://news.google.com/rss/articles/CBMioAFBVV95cUxNY3V6VE5HVnlibm9zUXZUd1lqYlliZVNibk9PelhXLWhTM1RBelZVUXU1Q1lFZFg5TEdRTU4xV0N2Ujl6REFldEJEQnZDUnVKT2t3NS1xVXRHbWNTOXNjYW9haDVmYWZOdXlDLXljak9YZ3VUZmNabzl4Z1NVYXcyR3ZyVU5MakFLNlFDRWNGSm1fZnFWN1ZRUjFtSjJwMUdC?oc=5) · Billboard

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68638 (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/30.json (key "68638", 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=68638
- 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