# LIMESTONE FINANCIAL
Manistique, MI · NCUA charter 68743 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/limestone-financial-68743

Who the members are: state charter, organized 1954, low-income designated. 4,871 members of 10,127,884 potential (0.1% of the field); checking penetration 73% (share draft accounts per 100 members); loans per 100 members 89.

**Verdict on the desk:** this could be *ordinary*. 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 | $81.1M |
| Members | 4,871 (2.9% YoY) |
| Full-time staff | 24 |
| Net worth | $8.8M |
| Net worth ratio | 10.8% (p28 of band) |
| ROA (annualized) | 0.44% (p35 of band) |
| Total delinquency | 0.64% (p51 of band) |
| Net charge-offs (annualized) | 0.11% (p34 of band) |
| Loans / shares | 88% (p94 of band) |
| Cash / assets | 16.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.15% (p76 of band) |
| Operating expense / assets | 4.39% (p76 of band) |
| Vehicles % of loans | 33% (p34 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.82% (p63 of band) |
| Vehicle NCO | 0.24% (p51 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 45% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 18% |
| Core shares % of member funds | 53% |
| Certificates % of member funds | 38% |
| Average share balance | $5,950 |
| Participations bought / yr | $0 |
| Participations sold / yr | $12,812 |
| Participations outstanding | $1.3M |
| Loans outstanding per 100 members | 89% |
| Loans granted per 100 members, annualized | 18% |
| Average loan balance | $14,584 |
| Loans granted, annualized | $21.0M |

## Participation posture (from the same filings)

Bought $0 and sold $12,812 in the latest annualized quarter; $1.3M outstanding purchased (15.2% of net worth), $356 sold and retained. Sold in 5 and bought in 4 of the last 8 quarters. Shares 3.7% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2025-03 | 0 |  |  |
| 2025-06 | 0 |  |  |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 1 | net worth falling |  |

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

- 2026-09-01 [Limestone Financial Credit Union and LSSU host financial reality fair - sooleader.com](https://news.google.com/rss/articles/CBMitgFBVV95cUxOU3ROYlZnNnRUSUhmSlZCUHZCYmZMMURraWdZWG95a3BsY2lTbUo4b1pFVEw1ZnpDMVF6elhMQmtlRy1rUTlNNnVUcWpPd0liazNpcV9VNjRJQ0xMandTeTJDUmtCNmNrSnVrZklzRVFMU2hKUE1SeHlUNmoyaEdaRFdJN3hRODRCTGRuczhlbVBlMjdpZnhmZEtzaV95bUVHaXFxRWJSV0k5TFQ1RzI0dmx5dUJYdw?oc=5) · sooleader.com
- 2026-02-18 [Limestone FCU partners with Dream Publishing to put entrepreneurship and financial education books in the hands of Michigan teens - CUInsight](https://news.google.com/rss/articles/CBMi_wFBVV95cUxNMXBvOGRvZ05rc0oyeFNyczRsSHo1YnM2MG82d1Z2cWJZZ1REbXM2eW1kQ2NEM21VOEZlU3JEUHBEQ3NYVnJnMVNmekRROE5waFlzRGd2cGdGLTRIM2F3X1RHdF9LeURxZ0pQb2M2TU84Q05WT0NiQ0JzTXNtQ3pYTGNyMk9rR3QyYmE2NkNubXowTDlaMGdEUW9kQ01IN2p3ZzRQbTl2N3pMY0prYkVwSTY0ZUJYc2pVdVBpTUhnV0ZGNVUwbDBrWi1YM2hmclppQmlrS1NGd2J5bUdhd0dnaDB2ZHhZcHJqLTZLT0NyVU1YQlB1WWtzVmNtZHpTalU?oc=5) · CUInsight
- 2026-01-26 [Limestone FCU, Rudyard schools host Middle School Financial Reality Fair - Sault Ste. Marie Evening News](https://news.google.com/rss/articles/CBMi4wFBVV95cUxPLUM0eHVpSTY4RGt1X3dwako2UURaTnhqNlZyQ040THRfbEFyQldQSlFIa1Bia19Ed3A0MTZqUm1XcWVIdThVRVpaQV9jY1QzaC1XR2YyNW9YV1lxbkR5UVRoRXdXaGNhbS16UjE2cFZPV3RfTmFyYmNRX29kWDE3WEgyZEpKY1c4Y0dLeGFSenR2dTUyRGt6TEE3aGlCQnBTd3ZLU1RiWF9za2F5XzBzaWNHYXpjcnM3RWREM2hvNXBpQ3EyTWh4ZjVtck01dFhFb0FDNVpBSS1kUGxDTG5EdTExUQ?oc=5) · Sault Ste. Marie Evening News
- 2025-08-07 [Limestone Financial Credit Union issues alert on widespread text scam - Upper Michigan's Source](https://news.google.com/rss/articles/CBMitgFBVV95cUxOdzVMZTQxZTkyQVVObXJoZ01zdkptZHFpREMwSkV5TjhHb0p3UDhXZFVlNVZ0X211X3NCUHVPcnF3Q0x3SWdLQ3FmQkIyS3NmX2x6UzhvN3JUREMyV2JtVUgzanpJZUVGOFVLdWJIYjFMRFZScC1mdnZGMlJNY2JYS0hDOEdaUjVfZ1Y2N3lqdGJoT1VLU0FnSDRjTmhaV3FZVEpxWkREYk11NnhEV2RWclBzWWJHQdIBygFBVV95cUxPNGcwdENIRnhkWm1LNlZ6U0lsbHVHeHZJbGpsMnVsWFpRWEIxOVR5a3d1OGdoVlpUQlR2WWkyV3VxWDZEVFlFY3dxYjlHQy1nMGxza29oVTVwdHZsTUNWc3FnM293MFZUeXdjb3FjQVo3cUpXTTRqY0k5TGs5VjZ3N2t2OWJ1eGh2Slpzb0tIUmkxb2FDR1BpSE9ULVhDWm4wRjJ1VndVMWE0QlVxdkprMmcya01GaU5ldVlPS0Jkb1Q4TjFXaml6eHBn?oc=5) · Upper Michigan's Source
- 2026-09-09 [Students raise $460 for Eva Burrell Animal Shelter - Pioneer Tribune](https://news.google.com/rss/articles/CBMilAFBVV95cUxOR1NuX29ZNC0tUEhKSGRZWnJvQURhcHpUM1hiZVI3Nk9wWjRLdm9JdTAzRG5zTzNOald0S0RWZ1dCNmRVRkpNdHVyY2F2ZWNWUTE4UWNROF8yalZXOTFOVERzVE8yVUFfNVdKTE1YVy02SE1DNVc3eUZrUlBmdGcxa2Y5TUFPeGRaeFRGUlNYMEhadXBZ?oc=5) · Pioneer Tribune
- 2026-09-09 [Dozens Of Coats, Mittens Donated To Manistique Families - Radioresultsnetwork.com](https://news.google.com/rss/articles/CBMipAFBVV95cUxPdXIyMTBwMmlTWFZBdDdueXRmWHV3MmZCcEVzTVlfZDBEVnlwb2ZCWHI3bC03bE1mY2RBMDJ6TExIMUdHSV8xRHBCU19ydXJEUFdMY2dvT2lVQ3U5azJFVXRfM05jdjU0alVhYUxKSUlWTUZDc0pqUEo5U0ZoMkljQWdOWjZjMHRsaVpzVVZ0Zm55NTRTRU1hM0tzaHdOT3VLSm0xcw?oc=5) · Radioresultsnetwork.com
- 2026-06-08 [52 credit union leaders earn CUDE designation in June DE class of 2026 - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxPMWNHSl9CUXE1aFRCUGtabGttcW45OUVObFFuVTNXbC0zOUtTNURqZGFib2FPZ3VCUnQ1RlRNWjN6MzlUb1dNZUtoZTJ6VV9uZHA3RGIwTEZTeTVpR29rRTFRQ2twVjh5WThPTTRqSG5CZFhCNHZsUkhvS1gtbEdKcjBkTC1aVTh1SUZoX2tWUF83OGxfZHkzUzFieTRWZjJMZVFwNFFQSExndVhoUDU2ag?oc=5) · CUInsight
- 2025-05-26 [Spotlight: Limestone FCU’s on-campus branch at Lake Superior State University is dedicated to student—and the larger community’s—success - sooleader.com](https://news.google.com/rss/articles/CBMi-gFBVV95cUxOeHI5cnptYU5fYkdIdTlNX0xCQV9RcjJZQXZLemJHLXlSQ1c3RFJROEJjQjhkV2hpVC1WYnhzWmYtd1g1SGttV2ZJYVcxUGx6bFNPYkNDZ0hlSVA4bHh1RjR4ZTdzdUl2NnZZZEZDYTRaaUR0WllWR1dnQVZNWEM0Uzg2RlZycVlYbDBfX0NVWV93LW1HZHp0aTZjMlpFRDNyYzlSd2I0b2gxX3h2UHlLWC1WemdKWE9NbkNnekZWVFg3c0kzc3FmSUtEWjVKMU5xTTlYS3N5TDFIYVlZTXZsRUhXeVRXemhIQndJd2NSWVB2R1BWazBTVFdB?oc=5) · sooleader.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68743 (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/7.json (key "68743", 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=68743
- 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