# BARAGA COUNTY
LANSE, MI · NCUA charter 7672 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/baraga-county-7672

Who the members are: federal charter, community charter, organized 1952. 4,817 members of 9,000 potential (53.5% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $62.4M |
| Members | 4,817 (7.3% YoY) |
| Full-time staff | 9 |
| Net worth | $6.4M |
| Net worth ratio | 10.3% (p24 of band) |
| ROA (annualized) | 1.11% (p71 of band) |
| Total delinquency | 0.35% (p34 of band) |
| Net charge-offs (annualized) | 0.08% (p30 of band) |
| Loans / shares | 34% (p8 of band) |
| Cash / assets | 13.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.94% (p16 of band) |
| Operating expense / assets | 2.51% (p15 of band) |
| Vehicles % of loans | 55% (p68 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.37% (p39 of band) |
| Vehicle NCO | 0.39% (p60 of band) |
| Repossessed % of vehicle book | 0.05% (p79 of band) |
| Real estate % of loans | 20% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 14% |
| Average share balance | $4,837 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $9,464 |
| Loans granted, annualized | $8.5M |

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 2 | delinquency rising | net worth falling |
| 2017-06 | 2 |  |  |
| 2017-09 | 2 | members leaving | delinquency rising |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | members leaving |
| 2018-06 | 2 | members leaving |  |
| 2018-09 | 1 |  | thin capital |
| 2018-12 | 2 | delinquency rising |  |
| 2019-03 | 3 | thin capital, net worth falling | delinquency rising |
| 2019-06 | 1 |  | thin capital, net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | delinquency rising |  |
| 2020-03 | 4 | thin capital, net worth falling, margin squeeze | delinquency rising |
| 2020-06 | 3 | delinquency rising | members leaving, margin squeeze |
| 2020-09 | 1 |  | net worth falling, delinquency rising |
| 2020-12 | 1 |  |  |
| 2021-03 | 3 | net worth falling, auto monoline |  |
| 2021-06 | 1 |  | net worth falling, auto monoline |
| 2021-09 | 2 | delinquency rising |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | delinquency rising |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 0 |  | thin capital |
| 2023-09 | 1 | delinquency rising |  |
| 2023-12 | 0 |  | delinquency rising |
| 2024-03 | 0 |  |  |
| 2024-06 | 0 |  |  |
| 2024-09 | 1 | delinquency rising |  |
| 2024-12 | 0 |  | delinquency rising |
| 2025-03 | 3 | thin capital, capital below 7% |  |
| 2025-06 | 0 |  | thin capital, capital below 7% |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 |  |  |

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

- 2023-10-19 [Something to smile about at Baraga County FCU - The Mining Gazette](https://news.google.com/rss/articles/CBMiogFBVV95cUxPSW9DNjhIbldRQUpmLUtHR1BwdGljQUU0ekVHQUVZM2lxT2kzN3IwTkJUTUZuTEdTS1FFaUlXbmxhcUJnaHpKZ2JZOXBkMTNSemE4djhLTEQtR1RhYm5laHhBTGpQazlab1NwUDZsRUxNNkVERWQ3QnpYbjdZd0Z6d01PSUdOcm1tZEV1Y3pYM0VWTXBzdnBVSGlaejJtUG1HZ2c?oc=5) · The Mining Gazette
- 2024-06-11 [Community groups raising funds for affected families of Keweenaw Bay boating incident victims - Upper Michigan's Source](https://news.google.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?oc=5) · Upper Michigan's Source
- 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
- 2022-05-24 [Meet Baraga High School’s Class of 2022, 27 strong - The Mining Journal](https://news.google.com/rss/articles/CBMipAFBVV95cUxQbk9XNkItS1NsS2M3OFNyRHBrb2NnMmgwWktkOUFYekdjWDh2TmR1eFl2bU5tVXNlRnlrR1NkX0txeldXT05UbHRnbHVkME9Sa1I4RW81X1lobW9ueHVxTnI5WjdNNWNBbFgzdUVQbTBRbEtEMDFxbHRjNEZvT2dWcWZHajdLWXUzbG5BRDUyVkRFa3lpV0dENDduWS0ydDFiUmxwRg?oc=5) · The Mining Journal
- 2024-06-11 [Two missing fishermen found dead in Lake Superior - - ironmountaindailynews.com](https://news.google.com/rss/articles/CBMisgFBVV95cUxNdEtXa2toYU1vSXhfdUNaZmVadTdRRjYtTm51Nng3TU9BWG5iMGNYWXRENFJtZmt3bFpVNmtlbGU4MGpneTREOHRpb2Q1NTRtUi1UeWxCcXFEZE1ZVkNiTmNXWWVQUC1CSlc1X3lLNlBnWGszeF9XdGMtdVFTWW4xcUpsTWJrNEx3bU9OS0VWOVF0TE5BZjk3d3F2bEgyNmQ4cEZoMXRfamdhWTJ2cmsyMURR?oc=5) · ironmountaindailynews.com
- 2026-03-31 [Jeffers competes in HS Bowl - - The Mining Gazette](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPNnF6bWZQRXRmVENQbTFLTFRMY2pFdjZuRWtacDdwTFhKY2tDVEFjeHZNcjE0SDlCVG1icW1BVHJRSzZKYTBPZ091LXdTRjNnVFdaakpYQXQzRmZCZ0NkSTlrX0xtNy1IZ3ZVRnVYemI1aHQ3UkhaNVZwTWRiSkhCSW1rcVE0RHE5?oc=5) · The Mining Gazette
- 2024-12-04 [Big Bay defeated at High School Bowl - Pioneer Tribune](https://news.google.com/rss/articles/CBMigwFBVV95cUxObDRXV3BzeDJXNmx2ZkZNRWJ6QnFUWEI3Ml9CeGVTWXhYV1dVRXF6Z0FPQTZ0X0h4MjVVYXA1ZHF1ZS0xYXYyaFNqMXVNNUpLMVRKaC1INEVVVndDaW5PMVVxTzdtQWp0dWhsOHJYVm5nYkJ3NWczcXdlU3A0YzJzMFJUWQ?oc=5) · Pioneer Tribune

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7672 (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/56.json (key "7672", 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=7672
- 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