# ALASKA AIR GROUP
SEATAC, WA · NCUA charter 8100 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/alaska-air-group-8100

Who the members are: federal charter, service (single sponsor), organized 1952. 8,824 members of 35,000 potential (25.2% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 24.

**Verdict on the desk:** this could be *fortress*. 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 | $135.7M |
| Members | 8,824 (10.2% YoY) |
| Full-time staff | 17 |
| Net worth | $19.5M |
| Net worth ratio | 14.4% (p79 of band) |
| ROA (annualized) | 1.23% (p80 of band) |
| Total delinquency | 0.18% (p14 of band) |
| Net charge-offs (annualized) | 0.07% (p16 of band) |
| Loans / shares | 63% (p36 of band) |
| Cash / assets | 13.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.48% (p39 of band) |
| Operating expense / assets | 2.56% (p13 of band) |
| Vehicles % of loans | 24% (p27 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.14% (p16 of band) |
| Vehicle NCO | 0.02% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 47% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 71% |
| Certificates % of member funds | 27% |
| Average share balance | $7,012 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $34,146 |
| Loans granted, annualized | $12.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 0 |  |  |
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 1 | delinquency rising |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | delinquency rising |  |
| 2020-03 | 1 |  |  |
| 2020-06 | 1 | net worth falling | delinquency rising |
| 2020-09 | 2 | margin squeeze |  |
| 2020-12 | 3 | loan book shrinking |  |
| 2021-03 | 4 | losing money |  |
| 2021-06 | 2 | delinquency rising | net worth falling, loan book shrinking, losing money |
| 2021-09 | 1 |  | delinquency rising |
| 2021-12 | 2 | net worth falling |  |
| 2022-03 | 1 |  | margin squeeze |
| 2022-06 | 0 |  | net worth falling |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | delinquency rising |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | delinquency rising |
| 2024-03 | 1 | delinquency rising |  |
| 2024-06 | 0 |  | delinquency rising |
| 2024-09 | 0 |  |  |
| 2024-12 | 1 | delinquency rising |  |
| 2025-03 | 1 | net worth falling | delinquency rising |
| 2025-06 | 0 |  | net worth falling |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 2 | net worth falling, delinquency rising |  |

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

- 2026-04-24 [Alaska Air Group CU Hit With Class Action Over Member Data Breach - cutoday.info](https://news.google.com/rss/articles/CBMipAFBVV95cUxNUE96SkptU0h1SlpyWGFrQi1vR2Z0VmQzeTVBVThCam1ib1ZhUmp6V3FSb3JVRHVfcDZKN0RyQmk4NWlseWlvWkZWTzFSMlM3bTl1Nzg0Wmw4V2IydVliYTc3TDROVFFyb3praEQ4c1BGNm1UVkY2UzAzS3QzcEtFb3I5S05DZkh3cWJQczYzZW1xOTNjOG12czNrMnBPbWpSQ2hCdg?oc=5) · cutoday.info
- 2026-04-18 [Alaska Air Group Federal Credit Union Data Breach Impacts 10k Members - Claim Depot](https://news.google.com/rss/articles/CBMia0FVX3lxTFBSSE1hNWNJN2MydVk0ZEM0YV95ZDUxUFYyeHNrdEdleHh6MVdNbjBLZEsxVUtpWmJURHcwZHVpdVVlQnVMRVY3YTBiZnJTdDhaNk1RZkVKdzNPVUVtTloxZHM5UzFXcWJFT2s4?oc=5) · Claim Depot
- 2026-07-15 [Boise says aloha to new direct flight - Idaho State Journal](https://news.google.com/rss/articles/CBMizAFBVV95cUxQUkE5ZFR0WG9JbnB2MkFvSkVWaUJVWEhiWmlfek0yc2xmeWFid1E4Mm5vamdleGhQdU5Sd2N1S2tsNTJLMEVqbUN5amlTakgxZVAzbmxYNDVHWnFKcDRQYkJLbjRXcnBuNDVaSjJ2Y0hkT2JyaUdlWHdXTEZNc1AwR1l3eDU4MzFCemZOcEVkRzhHdDBVNkp2TVQyTTVONHB2OWh2cTRKTGc5RVNldDh5LVFqT3k2dWZjRUtyV082a0c3TGZxckNLdm01bEU?oc=5) · Idaho State Journal
- 2025-12-16 [America’s Best Regional Banks & Credit Unions 2026 - Newsweek Rankings](https://news.google.com/rss/articles/CBMigwFBVV95cUxNblc5ZFlRYURwTFhWdFZZX3o2ODdLSlJKYjRBaHBlU1pfRVgtT2lOVnc1djFlQXlxUzVkZl9MN2dqWjB2OGs5Um51RUhzb2JId3ZraHkwTnJYa19NOG1PWFdraDlFd1E2Y1FhbWg0UjZzM3V2Ry1fYndBN0RSUU01R1ZiTQ?oc=5) · Newsweek Rankings
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2025-11-06 [Hawaiian Airlines cancels flights as FAA orders cuts at 40 airports amid shutdown - The Business Journals](https://news.google.com/rss/articles/CBMilAFBVV95cUxPUlJzZEE5X1lOQjFJZi1WYVlsOF9HZXVwTDA5Y21CUmNXYXFvYndDUVA5RmxOSTJTQTFYWld6RFo0X0hnRlh4dlFDUVJQNmxzVk9zVEZja2doeWxLLW5GQk1xMTRMSlRNaUtBUVBkQzJHcGJ5dnhheHJlOGdDeGFNLTRJNEpNbk9OVmRkZWVOUVlySnlQ?oc=5) · The Business Journals
- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - Alaska - Newsweek Rankings](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRnFKNTRVYkw2czhSVmlPLUQ3dkMzMVdaWGJaa0lGOWpKQzVVaTNnWEVlck1NMDcwbFN2QWVKQXNjZTBwX1JPWVByd2NGVEdEWlRUeE51ZGRTbFpia0VSSEJOalBoTWN5NlE3U2pVXy1oZXI3b3VIMmEzNFpUYzlkRGRLc2RTTHlPRm1pcw?oc=5) · Newsweek Rankings
- 2024-04-04 [Amazon, Microsoft, JPMorgan Chase land among most generous corporate philanthropists - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxQSHFXa0dYbnVMYkhKTWVRclNCWDFPVm5WNm5tUWtreHc2eVJwUFdZZ24tTldaZFJUa083TzY3YnB3ZXdVQmk3Ui1TN0NkQVphSHA4VVJSWExWYjI2cTNHb1dfbTlhTUl2UkZvRUVYMU0zQ0lDUmg1d1NrdnhFVWlxbE9hMVZVOERxdnNHTWliNDNfWlpQOFJJeXNrQk9ZLVpncWc?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8100 (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/36.json (key "8100", 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=8100
- 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