# E.S.A.
BOISE, ID · NCUA charter 82514 · asset band <$50M · latest filing 2021-12 · stopped filing after 2021-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/e-s-a-82514

Who the members are: state charter, organized 1940. 920 members of 20,000 potential (4.6% of the field); checking penetration 39% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *too clean*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $6.8M |
| Members | 920 (-12.0% YoY) |
| Full-time staff | 1 |
| Net worth | $365,179 |
| Net worth ratio | 5.4% (p1 of band) |
| ROA (annualized) | -1.98% (p3 of band) |
| Total delinquency | 0.03% (p23 of band) |
| Net charge-offs (annualized) | -0.03% (p16 of band) |
| Loans / shares | 28% (p18 of band) |
| Cash / assets | 4.4% |
| Borrowings / assets | 4.42% |
| Net interest margin | 2.49% (p55 of band) |
| Operating expense / assets | 5.30% (p93 of band) |
| Vehicles % of loans | 41% (p28 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 0.00% (p19 of band) |
| Vehicle NCO | 0.00% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 16% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 98% |
| Certificates % of member funds | 2% |
| Average share balance | $4,940 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $5,331 |
| Loans granted, annualized | $907,063 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, charge-offs p90 |  |
| 2016-06 | 3 | thin capital, expense trap | charge-offs p90 |
| 2016-09 | 3 | net worth falling | expense trap |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | losing money |
| 2017-06 | 2 | members leaving | net worth falling |
| 2017-09 | 3 | losing money |  |
| 2017-12 | 3 | net worth falling | losing money |
| 2018-03 | 5 | losing money, delinquency rising, assets shrinking | net worth falling |
| 2018-06 | 3 |  | delinquency rising, assets shrinking |
| 2018-09 | 5 | assets shrinking, loan book shrinking |  |
| 2018-12 | 4 |  | loan book shrinking |
| 2019-03 | 3 | net worth falling | losing money, assets shrinking |
| 2019-06 | 3 | delinquency rising | net worth falling |
| 2019-09 | 3 |  |  |
| 2019-12 | 3 | net worth falling | delinquency rising |
| 2020-03 | 3 |  |  |
| 2020-06 | 5 | delinquency rising, loan book shrinking |  |
| 2020-09 | 7 | capital below 7%, losing money | delinquency rising |
| 2020-12 | 8 | margin squeeze |  |
| 2021-03 | 7 |  | loan book shrinking |
| 2021-06 | 6 |  | net worth falling |
| 2021-09 | 4 |  | losing money, margin squeeze |
| 2021-12 | 8 | losing money, expense trap, delinquency rising, assets shrinking |  |

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

- 2024-02-29 [Former Dept. of Education employees accused of criminal conspiracy involving ESA Program - AZ Family](https://news.google.com/rss/articles/CBMiqwFBVV95cUxQWllDd2JnSmdEX2NSdU5rNTlUNm9XS1EtM2R5X2poQjJWVExVS2dmTGxJMFlVNGVMU0FOR3ZZNGhZZlhuTkZ5VGZNblFLNjdDanFlRUVDV1JINGtxaGlCZXNfSVUxU1Y1ZUc1Yk1BVDZoZTV1VklpWGhaUlpITGdCdzE0ZlNvWXpkb045OUhCbGFvbWRFSmEzVFZkd0lWX25SUjlwc3NEajkzTHc?oc=5) · AZ Family
- 2021-08-27 [Mary Black Obituary (1940 - 2021) - Plainview, TX - Plainview Daily Herald - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxOdWd1VjNPZmtZclVPSjFCN2xHRmc3bG83WkZTd0tXbTBQZUkycHpaVER5VE9VZDV6RmhobHJpMjVXeUdrNF85MzdTZnJLY0EwTDhCcm5FaTRuc2RUaXRPR2RGUzBFSkVvNGU2OGFJc3dGOXNrX1NZNFJ0UDVXaTFONnNkZlloaFowNUJWTUd3?oc=5) · legacy.com
- 2024-05-23 [DWP issues new advice for Universal Credit claimants at Jobcentres - Wales Online](https://news.google.com/rss/articles/CBMilAFBVV95cUxQRmJRdTR2NXBjZVp1MmtFWVphd3pzTy1xUU1udURDNWlqbHNQVERoQnJmZERvd19oeVlMQjJ4RzBiMnRSRWl1ZkRoSnRyUVhHVTJKX3VFMV9yRWo1QTBBeTZTUm5vS21pdTNkSWlOcjRqaU1qbmpXVHI4YnBQRkVIZjhKWGw1eHhoZTVNcFI2OTE2U2ty0gGaAUFVX3lxTFA3T1lrM3hFQm5rbkY1Yi1CTUEwNUY1RGQxUndYZGxyQzdNWHZRZDg0dEJtel9ob3YyLXdxV1R6THhOYWE2eEhZU18xTzdiQzRRcmpId3hDRUk4X2lLaUhudVBFcHZOeXdMVElUMnppUGRTVkRzMFpnd2tHRWpfRUVHR2lYRFhYWFZ0S1ZJZ0VRUnpxeThFeG15RkE?oc=5) · Wales Online

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=82514 (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/18.json (key "82514", 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=82514
- 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