# HAR-CO
BEL AIR, MD · NCUA charter 68639 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/har-co-68639

Who the members are: state charter, organized 1955. 13,626 members of 100,000 potential (13.6% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 54.

**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 | $285.5M |
| Members | 13,626 (-1.2% YoY) |
| Full-time staff | 57 |
| Net worth | $26.4M |
| Net worth ratio | 9.3% (p19 of band) |
| ROA (annualized) | 0.51% (p36 of band) |
| Total delinquency | 0.54% (p45 of band) |
| Net charge-offs (annualized) | 0.00% (p3 of band) |
| Loans / shares | 74% (p49 of band) |
| Cash / assets | 23.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.70% (p60 of band) |
| Operating expense / assets | 3.39% (p37 of band) |
| Vehicles % of loans | 17% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 42% |
| Third-party paper % of net worth | 52% (p41 of band) |
| Vehicle delinquency | 2.00% (p93 of band) |
| Vehicle NCO | 0.12% (p15 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 65% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 88% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 19% |
| Average share balance | $9,563 |
| Participations bought / yr | $5.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $7.0M |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $25,932 |
| Loans granted, annualized | $33.4M |

## Participation posture (from the same filings)

Bought $5.5M and sold $0 in the latest annualized quarter; $7.0M outstanding purchased (26.6% of net worth), $4.4M sold and retained. Sold in 3 and bought in 4 of the last 8 quarters. Shares 5.0% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)

## 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 | 1 | members leaving |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | delinquency rising |  |
| 2018-03 | 1 |  | members leaving |
| 2018-06 | 1 | net worth falling | delinquency rising |
| 2018-09 | 0 |  | net worth falling |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 0 |  | net worth falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | members leaving |  |
| 2020-03 | 1 | net worth falling | members leaving |
| 2020-06 | 4 | thin capital, losing money, margin squeeze |  |
| 2020-09 | 2 |  | net worth falling, thin capital |
| 2020-12 | 3 | thin capital |  |
| 2021-03 | 4 | net worth falling |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 2 |  | losing money, margin squeeze |
| 2021-12 | 3 | delinquency rising |  |
| 2022-03 | 3 | losing money | delinquency rising |
| 2022-06 | 2 | delinquency rising | net worth falling, losing money |
| 2022-09 | 3 | members leaving |  |
| 2022-12 | 2 |  | delinquency rising |
| 2023-03 | 2 |  |  |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 | delinquency rising | members leaving |
| 2023-12 | 0 |  | thin capital, delinquency rising |
| 2024-03 | 2 | thin capital, delinquency rising |  |
| 2024-06 | 0 |  | thin capital, delinquency rising |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | delinquency rising |  |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | delinquency rising |
| 2026-03 | 2 | net worth falling, delinquency rising |  |

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

- 2022-10-06 [Har-co Community Resource Center To Open In Bel Air Oct. 18 - Patch](https://news.google.com/rss/articles/CBMijwFBVV95cUxQQ2hvSjJEVXdXVVBLa2ZhalktaHlBb1BxVC10WUJZVnJjeFJuam12aTFWNFZRYWpGd1F4ODJxWjlyYWYtOHQ4VTI2NjZXdFAtZHVxeWNBRlZzWWhIbmlUaXR6M1dzOTFKd0FEbU1fNnBCWWRzUDVhWHpQR3RlalM4akNVaFAwRV93eXRSWndfUQ?oc=5) · Patch
- 2026-03-11 [Maryland credit union expands into Greater Baltimore - The Business Journals](https://news.google.com/rss/articles/CBMirgFBVV95cUxPLTlWQmxWMVBRVW1CZVlGSmNFSk5OXzB1b2VrdmVmRTJDbHVyZHhXQlQyRUVhVlFONmRtQ1BNLWhEY0dGQVdPZEVXaVZSVElaV25kbzlKUWdZOEJNSlRjQktJWU0tR1lwR2VoXzhQMUFlR2FGel9ib2FqWHpoUVc2Nm5FZmtfczVwUjloX0JBTG1KNDVkNTUzMndDamxXUmpMaVlBZHNEZHRfSWpxeGc?oc=5) · The Business Journals
- 2021-04-21 [1st-grade teacher named Harford County Public Schools' Teacher of the Year - WBFF](https://news.google.com/rss/articles/CBMirgFBVV95cUxOQWlOd1JLQ0VPTXRSaW05XzF2Wlg2eHFnVWk2NHZDckcyVnZpN0ZwdDRYSHljaXo3akhxU1M2NlM3SkljN2tkLVg1M0lwNnE1azVYMFdIMTdrY1FKdGc3M3d1WXdpVGozWWRJSWhycnh3RU9adGE0a3NQbTFBY0JsbHA0VElrN01QY0RVVEwxY3NEMnJSWjl2RUhpNHpWa2IyOUgteGJJVjhPMHJLY0E?oc=5) · WBFF
- 2018-04-13 [Paula Stanton named Harford's top teacher - Cecil Daily](https://news.google.com/rss/articles/CBMi0gFBVV95cUxQbk9RZG91WW1RMl9mQzB5QnR6Z3hzZEhjQklZY1p5aVZmd2N6djJWX2gyS1BsakRmZUJreC1wQVlFMlFBdnc2MG0zTHdpWlhlcFp0QkFPMVZxTHBzaDlucjV3NEdNQ04tOFFqLVBaREVJR3M0NnFNVUExdHhKdFlrcUFQX2RBZVFQOFlmdWVUempPVlRUbk5Od1Z5NklPcWppUk9wUVZ3SUxQN3hNeXZyWW9CYk9hNFlzRXFsa0dXTWZpYjNBODlidGdTWmRlN1BBYVE?oc=5) · Cecil Daily
- 2018-04-04 [Bel Air High School’s Paula Stanton is Harford County’s Teacher of the Year for 2018 - Baltimore Sun](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNRm5jZS1RR1VtdDF0NXg5OV9uMmdSbHgzSTNQbDV6WWFqelZWampVd29jOEpoQUQxZjc3elloMGFfem0wY1NiQjdxbW0zaVlWQkItUk9nZXNRY0hCblRVV3ZFRkJfc25XQUxnazhRbWYwNjBMNDNwd1R1bUZ5MXFiTUQ2VjJrYTZSZFlDbGZ5V196aTlLREVLSFZpd2hiZ1BCdnhvZG50ZW0tNmFEYno3czlVQ0NhaDBrcXhTdkZXR0k?oc=5) · Baltimore Sun
- 2013-02-16 [Amy Leigh Caudill Obituary Feb 16, 2013 - McComas Family Funeral Homes](https://news.google.com/rss/articles/CBMicEFVX3lxTFBtTVd5MndheEhlbktfMTl5NlEyOHJDU1B2OEtlQVgtemV2NldEeHR4TXBoTTBka0JKc19OS2R6VjEzVXB1bUQ3MWtLZS1ybjMyeW16T2ZWU3BnWTlGZHl3cG1xUVBoQ3dCSXJadDN0MHU?oc=5) · McComas Family Funeral Homes
- 2023-08-16 [School Supply Drives Going On Now Help Support Harford County Students - Patch](https://news.google.com/rss/articles/CBMingFBVV95cUxOZnRITmg0ZlNPLXRVMUYyUlowZ2ppRlNKS2VnVE4wcGVBYnFwWHl6dnk3VktHYzJkQmJJaHZKZC1QNHVSelhSTnJiYkU3T0lTdGx6OEhxNXVYTnFvZjU2MjYzV1VHMHVNVHhFQnRnR0M1ZkI1RWlydUxkWU1jZkxON3Q4ellCdVhnUEJNZVZjVHFSX3Y0R2E0S2dZRFBHZw?oc=5) · Patch
- 2010-06-27 [LAWRENCE ALEXANDER Obituary (2010) - Wilmington, DE - The News Journal - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPMzdfcXREa2Fwako5YkktWS12aV85MnQwVU11b2pCcmFHcHhaUHd2THhzNnJ1NVNRRGNuaGxzcmlzcFFsMnd1Z0RzZElIWEYwOVVfMHI1QWJ4M3VlTEhPSVhhY3lNTkJiUHY0bXRtdTVhTWdZNXBGLW1OYWZQSk05QjhCcVpLOTRzWnJHRzMtMDFjc0RqX3paSkR3VnI?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68639 (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/31.json (key "68639", 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=68639
- 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