# POTLATCH NO. 1 FINANCIAL
LEWISTON, ID · NCUA charter 68700 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/potlatch-no-1-financial-68700

Who the members are: state charter, organized 1938, low-income designated. 127,755 members of 9,572,064 potential (1.3% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 51.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.15B |
| Members | 127,755 (0.1% YoY) |
| Full-time staff | 373 |
| Net worth | $189.0M |
| Net worth ratio | 8.8% (p10 of band) |
| ROA (annualized) | 0.60% (p41 of band) |
| Total delinquency | 0.32% (p17 of band) |
| Net charge-offs (annualized) | 0.61% (p59 of band) |
| Loans / shares | 92% (p68 of band) |
| Cash / assets | 4.1% |
| Borrowings / assets | 5.29% |
| Net interest margin | 3.44% (p58 of band) |
| Operating expense / assets | 3.71% (p76 of band) |
| Vehicles % of loans | 40% (p79 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 83% |
| Third-party paper % of net worth | 328% (p88 of band) |
| Vehicle delinquency | 0.28% (p17 of band) |
| Vehicle NCO | 0.96% (p50 of band) |
| Repossessed % of vehicle book | 0.10% (p58 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 184% |
| Core shares % of member funds | 50% |
| Certificates % of member funds | 28% |
| Average share balance | $7,580 |
| Participations bought / yr | $9.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $23.3M |
| Loans outstanding per 100 members | 51% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $26,469 |
| Loans granted, annualized | $716.6M |

## Participation posture (from the same filings)

Bought $9.1M and sold $0 in the latest annualized quarter; $23.3M outstanding purchased (12.3% of net worth), $1.5M sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 0.8% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **leaning on borrowings** (`str_borrowings`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2019-03 | 1 | 3rd-party paper>100% NW |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 2 |  |  |
| 2020-06 | 3 | thin capital |  |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 |  | net worth falling |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | net worth falling |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 4 | loans>95% of shares, leaning on borrowings | net worth falling |
| 2022-09 | 2 |  | loans>95% of shares, leaning on borrowings |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | losing money |  |
| 2023-06 | 5 | net worth falling, loans>95% of shares, leaning on borrowings | losing money |
| 2023-09 | 4 |  | net worth falling |
| 2023-12 | 4 |  |  |
| 2024-03 | 3 |  | loans>95% of shares |
| 2024-06 | 3 |  |  |
| 2024-09 | 2 |  | leaning on borrowings |
| 2024-12 | 4 | losing money, assets shrinking |  |
| 2025-03 | 3 |  | losing money |
| 2025-06 | 4 | loans>95% of shares, leaning on borrowings | assets shrinking |
| 2025-09 | 3 |  | loans>95% of shares |
| 2025-12 | 3 |  |  |
| 2026-03 | 3 |  |  |

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

- 2025-06-03 [ModernFi CUSO Sets New Industry Standard: Credit Unions Can Now Offer $15 Million in NCUA Insurance* per Account - Business Wire](https://news.google.com/rss/articles/CBMi_gFBVV95cUxObWNka0d2R3VXQjJJbWpLdVFGN3hhbkJTWEVVLXhxX05TeFNFdVlxb1RJbGFoa3J6X0gwQmVaMV9EOUtFZElqdElkSzJnS3RwckNTblljUkRlejlIcThxcUZEWVV6ZW45aVg0NUdqdHotZjBya3lFU2JiNVp2aFhzeTVqZ1UxRm9FblFtVTdkMTZoNnpKOXpPLWY5NE9NcXhEQUZZWGVQM1VSY3I1THZadlZNYmk2ZzFPcU5mY3laNjlJQ2FSdkJxZlBZMVppRXNvcEI3bThXMUh6d0RCQk42UERoWXJNQ0NjYW44TFI3V180LU9ZMjdSYzBBQTVQUQ?oc=5) · Business Wire
- 2024-02-20 [John P. Schraufnagel - The Lewiston Tribune](https://news.google.com/rss/articles/CBMic0FVX3lxTFBMTTIzdnJycDlWU3hwVmhZNEZFYXBwTHNEZGpidW13X2laOE1oZHhNZFloSTY3cnJFdzVMSE9YRVgyV1pybVc0Mmx0aU1VM2JfdzJpM0FLX0cxVEhSc0lmRTBLWkQ4NzBNaEJWNVFUNlcwaEk?oc=5) · The Lewiston Tribune
- 2023-03-13 [Knife companies, dating apps among sealed search warrants for Idaho murder suspect - KTVB](https://news.google.com/rss/articles/CBMipgJBVV95cUxPM21tdmg1X2ZxeXJzanZELUsxay1oU3pwV2Jjb3JhUU1ZblVkTUtpSVQ0bzRmTzRRZW5fbXV1TUc0MmdGVGVzelo3amRrTW02U0RDQ2lfWnhvV3hBXzRnZWZCaC1UUGswT19fdVd0MUlmdnY4Yk9FU1B1STM4ZTVNaUY5cUE3NTd4Y0tWM3d0cE1hc0NyUGJ0UU5oWGRXSGQtS2N4M2M4dUwtbklUUDBmZVVHOGd1WWd0QmZ6ZXdPbUNzS0pGVC1jMnJISnpRb0FPRktEd1QwWk1EQUZqTFZudWN1WU5mbmY5RkdFaU1uU2ZYWWNTb1NENmxHN3dXLThNMXcxR0hpd3pxWVZoYmtCbnBubXBRZ0xUUkVRR2huQ2JQdWZjZXc?oc=5) · KTVB
- 2023-03-09 [New ‘affordable’ apartments near downtown Boise now leasing. Cafe Rio. Coming near you - Idaho Statesman](https://news.google.com/rss/articles/CBMidEFVX3lxTE9ucEwzd196MURBNjJLWVZDVWQ1dGZHRHFqZG5MeExSNFZyVmJXZTIxOTlYcC10SkU4TEc0WUV2OW54SmMyVWw3aVJpa1BkdmJkYmx6c25lQ0pvOWZYOTZncEozRkFqLUxPMVVJU0FjemRtQWpm0gF0QVVfeXFMT1FHVUpjUmE1UDVIMm5JX3dPVHJDUGVOWlVwYS1iV3d0Q2VfdFBzWkxPeW8wRWtJTnZpcW1KQlBjSm9hb01wQy1ZMUNiRlE0SmFKRzVUSk9zM05fU2luM3I0QXVlNkRMZG1Da0Vzb0ZiYkJZaDg?oc=5) · Idaho Statesman
- 2024-03-14 [Legals for March, 14 2024 - Bonner County Daily Bee](https://news.google.com/rss/articles/CBMigwFBVV95cUxPNTU2WWhWUEJ2M29rdDQ3YTNudW5LX0hRYUt1aVN2QjMwRHZzWGsxM2tGdm1rYi1QaC0xVDRvem1kRFZpQ01hdl9wZEIzTk10U05oMFJYQkZMcUc2YlFzNWU2U25TSWFVNXNiT2syazlnb29IazZucmp1YllQR1pMdklhMA?oc=5) · Bonner County Daily Bee
- 2025-09-25 [Legals for September, 25 2025 - Coeur d'Alene Press](https://news.google.com/rss/articles/CBMieEFVX3lxTE9tUjNXNnJRV1pXVU1rZHNubmFYNmQ0QjNEYl9fbTkxaDdwcFV4XzgxWVRnSG0tcktxcmMzTF9xVDJpaHNneGhCRThncnBhb2xBeEk3LUtUUGpxdWZOdWxhN1NQOVIyMlM3cEFYN3JrNmtPa2wyWjVGVg?oc=5) · Coeur d'Alene Press
- 2020-08-18 [P1FCU opens new Silver Valley branch - Shoshone News-Press](https://news.google.com/rss/articles/CBMijwFBVV95cUxPYVZmWTAzX3BnTDN6YVc5eWdJNWR1NTBUdURMWEZmQUd2TFBVVGY5Ymd5RURsWExFcm5ZcFA4OV9URms1OFc2eFhNOWxRQ21xTV83WURNLWZRUDZ4b3JHeTRiRXAzYXVBamlKa0I4cEhSb2pnc1VESGpuQXE3R0dTb05tVmRzZ0J6Rk5YdFJyTQ?oc=5) · Shoshone News-Press
- 2024-04-27 [Lewiston High School continues working toward athletic facility goal - The Lewiston Tribune](https://news.google.com/rss/articles/CBMiswFBVV95cUxNYUZLWVBJc09QRGd0RkRfVXRXMkhkUUdfanp1MWVZc2lpV3MxVkRxOFZseXFGMGl1dDFGZlZPS1g5TXdkSU01QlhlZ2JXOGItU3NPUXdmM2NuY1NuMmxOdWVXZ2UxWUVNOFlYdXhoWEY4V2l0clpHeUNWdDdyR2VRR04zWll2Ty16aTZ2dWpNU1UtWWFPbUJ2Ui1MN2tfb1VfVEUyaVJEQnNBNU9sNTJrVUtGWQ?oc=5) · The Lewiston Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68700 (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/28.json (key "68700", 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=68700
- 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