# SEA AIR
Seal Beach, CA · NCUA charter 7817 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/sea-air-7817

Who the members are: federal charter, multiple common bond, organized 1952. 6,277 members of 30,580 potential (20.5% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $118.2M |
| Members | 6,277 (2.3% YoY) |
| Full-time staff | 15 |
| Net worth | $28.0M |
| Net worth ratio | 23.7% (p99 of band) |
| ROA (annualized) | -0.67% (p3 of band) |
| Total delinquency | 1.84% (p91 of band) |
| Net charge-offs (annualized) | 0.63% (p76 of band) |
| Loans / shares | 53% (p20 of band) |
| Cash / assets | 25.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.28% (p3 of band) |
| Operating expense / assets | 3.01% (p27 of band) |
| Vehicles % of loans | 55% (p78 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 47% |
| Third-party paper % of net worth | 44% (p54 of band) |
| Vehicle delinquency | 0.68% (p56 of band) |
| Vehicle NCO | 0.90% (p69 of band) |
| Repossessed % of vehicle book | 0.03% (p69 of band) |
| Real estate % of loans | 29% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 14% |
| Core shares % of member funds | 48% |
| Certificates % of member funds | 29% |
| Average share balance | $8,628 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4.0M |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $21,796 |
| Loans granted, annualized | $7.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4.0M outstanding purchased (14.4% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -3.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2017-06 | 2 |  | delinquency 2x band |
| 2017-09 | 2 | net worth falling | delinquency rising |
| 2017-12 | 2 | repo signal | net worth falling |
| 2018-03 | 2 |  |  |
| 2018-06 | 2 | charge-offs p90 | repo signal |
| 2018-09 | 2 | assets shrinking | charge-offs p90 |
| 2018-12 | 3 | net worth falling, charge-offs p90 | assets shrinking |
| 2019-03 | 1 |  | net worth falling, charge-offs p90 |
| 2019-06 | 1 |  |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | delinquency 2x band, delinquency rising | losing money |
| 2020-03 | 6 | net worth falling, losing money, charge-offs p90, loan book shrinking |  |
| 2020-06 | 5 |  | delinquency 2x band |
| 2020-09 | 4 |  | delinquency rising |
| 2020-12 | 5 | members leaving |  |
| 2021-03 | 3 |  | charge-offs p90, loan book shrinking |
| 2021-06 | 3 |  |  |
| 2021-09 | 3 |  |  |
| 2021-12 | 1 |  | net worth falling, members leaving |
| 2022-03 | 1 |  |  |
| 2022-06 | 2 | charge-offs p90 |  |
| 2022-09 | 2 | assets shrinking | charge-offs p90 |
| 2022-12 | 3 | delinquency rising |  |
| 2023-03 | 4 | auto monoline |  |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | auto monoline |
| 2023-12 | 5 | delinquency 2x band, members leaving |  |
| 2024-03 | 4 |  | members leaving |
| 2024-06 | 3 | members leaving | delinquency rising, delinquency 2x band |
| 2024-09 | 6 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2024-12 | 3 |  | assets shrinking, members leaving, delinquency rising |
| 2025-03 | 2 |  | delinquency 2x band |
| 2025-06 | 1 |  | net worth falling |
| 2025-09 | 2 | assets shrinking |  |
| 2025-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2026-03 | 5 | net worth falling |  |

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

- 2022-05-23 [USA Water Polo & Sea Air Federal Credit Union Extend Partnership Through 2028 - USA Water Polo](https://news.google.com/rss/articles/CBMixwFBVV95cUxOeTBvTEJPeC1URnFnNTJiZENFbEpOWktURmpteHVKYnMzMlJOYmJrRGVfSU9yeFhlQW1XTVJINkNFVXlSRkZnUHMzQm9WUU5mM2djSWJyM0FCODh2bFRwTmhnaDF2akl3V0FFb2EzeGQ3Z1I0bmZ6WWg5d3AzUTk4X2J6d3ZuXzQ5MEd0cVdBbVUwUVFTNEItS1lWUGFzdE5GVGdyQVZIZTVKcWdMZ3QwVnVyNVhadXBNZmE2N21JalQ2dlNoU3V3?oc=5) · USA Water Polo
- 2017-10-04 [Sea Air Federal Credit Union 15th Annual USA Water Polo Golf Tournament Flourishes In Irvine - USA Water Polo](https://news.google.com/rss/articles/CBMizAFBVV95cUxOOVZrZzZ6WHVuRy05WVBoUGxzcGZubGRXZzBILWFTTjhWUVZKMmZtYnNMQUJ6QzRQSHZQMFJCd0RCT0pwRzNmS2NvVlkwTWh1dllSTkRqZGVsUUV1NTRFRWdBSHMzLXFNSVdyS3RUT3ZneTJuOW5UR0xtb0JpN09IR3N3UDRrdi1wOEg2VFFkU0VaZXd4bGtHX3JtaGF3VTFXYTJTTnhYVVM5UGpoSF9WNjY2eU9JSlc5d2tsQ1NVd2E3eEd1cm5hUENTWHI?oc=5) · USA Water Polo
- 2025-04-08 [Best Banks and Credit Unions in California 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxONWFxRkExWV9IblE1OXl5eFotT1dhMHZRdHpzc1dWU1JvUGI2dF9YNXMtcmZGdE5JUkU3eTh4aWgxT2lIWDlTcUpfdGpSUUY2c251amFFX2VrVUstYVVZbzhwdndHS3JONjM5WlF2MDNNMXVvQ3Q4dlJJN19jMmFEMy1Rc1VtMm5ua0o5UnQ4RUJFZw?oc=5) · Newsweek Rankings
- 2021-06-15 [4th Of July In Seal Beach To Be Celebrated, Drive-In Style 2021 - Patch](https://news.google.com/rss/articles/CBMilgFBVV95cUxOLWNHcGx5Unk3V3NfZjhKYXVILVNiNThWajJlX3g4WkR0SVAyVGVPcE9fVnJ0NFNNcFl3bjk3c2RoQ0lFaU8xNVQyTDl6Mkp3TERVWmlCaUN4VjV5MUxKelRSVGRlZGxYd3ZmZDhpa0ZEb3JSa2E5bW4xd2VQaW1wSGNkZ1Q2SDFnT1pDcEkwVjUycEZOZHc?oc=5) · Patch
- 2011-06-24 [Military bases to host Fourth of July events - sunnews.org](https://news.google.com/rss/articles/CBMieEFVX3lxTFBBNlZfbi0xNi1qazdQd3ljREpRdjN1OVVtSzl2VzNibnpUdGQ1SWhkbXFWLW43TFZuRGNsdEdYMUxqMEw0aXFMOFk5SUo5RzUwWXBjRU9IMVVwdFJxdHRaX2hMeVBJbEg4NlJBM0M0ekd3YUR0d0FOeA?oc=5) · sunnews.org
- 2023-10-10 [Carl Jasper Pierce - Record Searchlight](https://news.google.com/rss/articles/CBMiV0FVX3lxTE1uWG5PWmdQTTFaclNqdnRzRjdSM2g5bGJuakdMeEtDZlZEb3djQzhFY3B6djRpR0txWXdhZWlDVFZvcWY2anVmZHJoN0RGLXRuWUx5STYyYw?oc=5) · Record Searchlight
- 2013-01-16 [Andrew Jaime Obituary (2013) - West Covina, CA - Legacy obituary](https://news.google.com/rss/articles/CBMigwFBVV95cUxPTnhKeXBQM0VQRGo5bWJLQW5iU0NkQV8xLXc2dnFDYzFFXzN0dU1FUlFMSGg2LXlOTnU3M29vV1pvV0xVSWw2NlFGMFdQOERneU1VcUVyV3lpRlBHQXZjdmVMb0RYM05XbXpKSmJQMWhoZ1lqMUtUS3E1YThzd0dsQklxRQ?oc=5) · Legacy obituary
- 2014-09-15 [12th Annual USA Water Polo Golf Tournament Wraps In Mission Viejo, CA; Thanks To All Our Supporters & Volunteers - USA Water Polo](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNR2VtOVh0bmJNOUJoUVRBX05KeTUyRllfeTdJaTZ6SVYyWTd6MEZoQ0pxRUgwdURrNXh4WUxJMEFvUC10a2pzMW90Q3N5OXhxUUh5TXVPSUNsV2k1UUdlTG9tSzlWMV8waEl5VG5TVE1mTXNfWC01blBoU3lybGtSMzJVNzRJaXRUSWhnX2lRRVZhWUU2aGV2YmVQMnVRNG95TWxGbmowWmNvWXN5SnduaFRlOU4xU2lXWVlJWWxqbVZjS3lBUEMwRWRqS29adFJWeWtUWXZ6S2hXQVVnTEs3NUpaS1lQZlU?oc=5) · USA Water Polo

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7817 (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/9.json (key "7817", 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=7817
- 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