# GOGEBIC COUNTY
BESSEMER, MI · NCUA charter 7644 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/gogebic-county-7644

Who the members are: federal charter, community charter, organized 1952, low-income designated. 3,746 members of 14,000 potential (26.8% of the field); checking penetration 72% (share draft accounts per 100 members); loans per 100 members 32.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $38.7M |
| Members | 3,746 (-1.1% YoY) |
| Full-time staff | 8 |
| Net worth | $6.4M |
| Net worth ratio | 16.6% (p60 of band) |
| ROA (annualized) | 2.37% (p96 of band) |
| Total delinquency | 0.49% (p44 of band) |
| Net charge-offs (annualized) | 0.46% (p75 of band) |
| Loans / shares | 36% (p20 of band) |
| Cash / assets | 63.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.76% (p81 of band) |
| Operating expense / assets | 3.47% (p45 of band) |
| Vehicles % of loans | 60% (p47 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.31% (p45 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 28% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 98% |
| Certificates % of member funds | 2% |
| Average share balance | $4,935 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 32% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $9,641 |
| Loans granted, annualized | $5.5M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 3 | thin capital, net worth falling |  |
| 2016-12 | 2 | delinquency 2x band | thin capital, net worth falling |
| 2017-03 | 4 | thin capital, margin squeeze, delinquency rising | delinquency 2x band |
| 2017-06 | 1 |  | thin capital, margin squeeze, delinquency rising |
| 2017-09 | 2 | delinquency rising |  |
| 2017-12 | 1 |  | delinquency rising |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 3 | net worth falling, margin squeeze |  |
| 2020-12 | 2 |  | net worth falling |
| 2021-03 | 3 | charge-offs p90 |  |
| 2021-06 | 3 | delinquency rising | charge-offs p90 |
| 2021-09 | 2 |  | delinquency rising |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | members leaving | margin squeeze |
| 2022-06 | 2 |  |  |
| 2022-09 | 2 |  |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 2 | delinquency rising | members leaving |
| 2023-06 | 2 |  |  |
| 2023-09 | 2 |  |  |
| 2023-12 | 1 |  | delinquency rising |
| 2024-03 | 2 | assets shrinking |  |
| 2024-06 | 0 |  | auto monoline, assets shrinking |
| 2024-09 | 1 | assets shrinking |  |
| 2024-12 | 1 | delinquency rising | assets shrinking |
| 2025-03 | 1 | charge-offs p90 | delinquency rising |
| 2025-06 | 0 |  | charge-offs p90 |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | loan book shrinking |  |
| 2026-03 | 2 | delinquency rising |  |

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

- 2026-03-31 [Jeffers competes in HS Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPNnF6bWZQRXRmVENQbTFLTFRMY2pFdjZuRWtacDdwTFhKY2tDVEFjeHZNcjE0SDlCVG1icW1BVHJRSzZKYTBPZ091LXdTRjNnVFdaakpYQXQzRmZCZ0NkSTlrX0xtNy1IZ3ZVRnVYemI1aHQ3UkhaNVZwTWRiSkhCSW1rcVE0RHE5?oc=5) · The Mining Gazette
- 2025-12-10 [Big Bay de Noc competes in High School Bowl - Pioneer Tribune](https://news.google.com/rss/articles/CBMijAFBVV95cUxPcEIzSXJNd0gycFhvSnlJUTI3T3R1eEZDVnYxVTNQNnRmUUgwM1liTkdnWU11MzJKN21rdHBXb0FZOWNKaFQzMlJpYWJRbE9GTXpSc2c0RjVOOUxPejlEMFFHOHNta2JQd1VwOEhDM3VmTVlac3hIMUhaQjVNb3B2ckh4OWhMSThIYmRUVw?oc=5) · Pioneer Tribune
- 2018-11-25 [Carney competes in HSB - ehextra.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxNc0dTWG4wb3MxaktJZVQ2TGtDZkp6aE5XQWFibDI5bm12NzE0NlFsaWlWcnlCTzIwY1J1VTBsSERYQlJtcDdrdmdyWmZhbHg2eEpYRXBTRXZXcGQtUzdYaEhKQWN4QjhwUVFhMTJ4XzhyTmFmVFdkcEZQWk45TjlrYVQ4enJtcEtCOFM1a2RFLXZiWG5Uc2dTQl90c1c?oc=5) · ehextra.com
- 2026-03-03 [Jeffers Competes in High School Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMilAFBVV95cUxPNjktU2N4b1NIWFpfWld2b0ctemZsb3FUdm5EbEJnajlJQkdTYW9BSWlwSmp6M2p5d2JCTzdla0RPZ2xYT3kxWEE2d3k0Q3RLSWl6S2Z4SHpJNUxpaU1UR0FNOHY1cDY0UzVabk5hVUwxZ0dydi13Y21kUXZNM2Z1TUJqTlNreTVIb08wa29yXzNXdkxI?oc=5) · The Mining Gazette
- 2023-10-03 [David W. Paynter Obituary (2023) - Wakefield, MI - Lakeside Memorial Chapel, Inc. - Wakefield - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxNWHN3N3BnX2JOX0dxSzhabjVMV3ZWM0J2LVRab2pqbG91SWVBVlc2ZUx1MldHYjhXZjFxMC03bFZxWkF3bWZkNEs5WmJqbWJEWXZiRDA1aFBDNG94V2h3UW5iY2VJT19wZ0QyZjNRNFhfVGNDck9EN1VpVXlVd0Q1UWx3?oc=5) · legacy.com
- 2023-08-08 [Michigan county tax foreclosure class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMirwFBVV95cUxOZjFubWpMb2FEVDltTUo5RGxBbjd6cFRvcGVDaXJpdzhKSk41OUZ4dUNvWlRlRmN2a0pxUDNiQ2txOXNhRXpBRExxd1hycDlpZThhZTJPMnU5a2FSTnEwZms4dVFZTVRZU1YyYkFPWnBmN2xTSUlUbXItdjBVcFhkc0g4OVFReXA3RXBQcjJEcDdJRU9HdDZwaU50WndnVFZxRXBST3E1LWVBMDlUN1c4?oc=5) · Top Class Actions
- 2023-05-18 [Ladd E. Honkala Obituary (2023) - Wakefield, MI - Lakeside Memorial Chapel, Inc. - Wakefield - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxOcDZWUEx4OTBESkFJS1hNZEFSbmxZbWJIby1jdjZFNHlWQzFQNnJzZ1F0aFJlYTFWUkJqdEVOX3N4V05UUGNaQ2ZiVDQzXzhfOEhqN2s2WUQ1cnZMZzBqQXBzd1d2eEh5STJTSTVUcE9WckIwRDRSZWFjRmY2cVFtaQ?oc=5) · legacy.com
- 2024-04-16 [Houghton takes 2nd place in HS Bowl - The Mining Gazette](https://news.google.com/rss/articles/CBMikwFBVV95cUxOWTF1WHRraGk0MGlxTjdZSVRJQXBWV1dDejY2c0x3aEhrcVlTcWxTTDNvLVQ1bDZIdlR6TXRnYzhHTURkUmhEX3pXYUt6MUlfaW85RTg5S1AyRjN3Nl9TN3RzNUxJZWdQTm8tQURkYjR0a2pQVVVlY0MwOURBM2ZLbzlBT1lkendZTEYyVEI0d3V3YjA?oc=5) · The Mining Gazette

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7644 (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 "7644", 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=7644
- 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