# SHORELINE
NORTON SHORES, MI · NCUA charter 8412 · asset band <$50M · latest filing 2017-03 · stopped filing after 2017-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/shoreline-8412

Who the members are: federal charter, multiple common bond, organized 1953, low-income designated. 2,608 members of 5,800 potential (45.0% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 63.

**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 | $17.7M |
| Members | 2,608 (-5.7% YoY) |
| Full-time staff | 5 |
| Net worth | $1.5M |
| Net worth ratio | 8.4% (p15 of band) |
| ROA (annualized) | 0.13% (p43 of band) |
| Total delinquency | 0.40% (p34 of band) |
| Net charge-offs (annualized) | 0.19% (p58 of band) |
| Loans / shares | 37% (p22 of band) |
| Cash / assets | 32.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.05% (p15 of band) |
| Operating expense / assets | 3.66% (p59 of band) |
| Vehicles % of loans | 23% (p15 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 1.33% (p72 of band) |
| Vehicle NCO | 0.00% (p34 of band) |
| Repossessed % of vehicle book | 0.00% (p44 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 20% |
| Unsecured % of loans | 23% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 55% |
| Certificates % of member funds | 5% |
| Average share balance | $3,264 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $3,636 |
| Loans granted, annualized | $1.1M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 0 |  | thin capital |
| 2016-12 | 2 | thin capital, losing money |  |
| 2017-03 | 5 | net worth falling, assets shrinking, members leaving, loan book shrinking | losing money |

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

- 2026-07-06 [Doobie Brothers Setlist: What to Know For the Oneness Tour 2026 - Ticketmaster Blog](https://news.google.com/rss/articles/CBMickFVX3lxTE42Q3RvR3hfWjhySHZQZUZ4S1EwcERjU1RoZUZRcGRTNDZlY3FQQ3NPZ0dXdWg0TzdYSDlHRm9Oa2hQaHFtYURIeUF6LVlJQkRXUW5QNnRsRmpzNS1FVzZSbzBnWkNtSjVjcGFOWms0d1g1QQ?oc=5) · Ticketmaster Blog
- 2025-10-21 [Appli Hits $1 Billion in Member Calculations, Expands Credit Union Footprint in First Year - TechBuzz News](https://news.google.com/rss/articles/CBMifkFVX3lxTFBGdU50Ylhmc1M4dzNpMnlvMzA4SHptSUpKejhrMG9sMmFtck1EMC1IMXYzaXdfcXQyNERxX3ROVVhlcFNXY2Q5VDFnMnhVZzhtSXhYMUV5bmVBZkpWbUQ2SU02STZoM2Z1X1dna0ZTSWZWb0cwMjNRak1GWEZfQQ?oc=5) · TechBuzz News
- 2026-05-04 [Thelma Jensen Ohse Obituary (1938 - 2026) - Custer, MI - Shoreline Media Group - legacy.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxQZzVDbElpNlJpdFVhWlpGN0ViZFdOaXIxWWhXaWhLYWpWNTd4QmN0bTRQSk9ZSzNaWmNOc3FOWFNNeTdheVlqTVo4VFNBVnllMXVsV1RjaGJBaFhVZ0xWb1poOXdwbGU0eEUxNGlmbG1Bekk3Si1XVjloc0xRaXRIUjRtSDhLZXRZNW5NSjhsLWJEcU1mX1ZiX3VUQmI?oc=5) · legacy.com
- 2025-11-28 [Two Rivers Hometown Christmas Parade moved to Dec. 6 - Herald Times Reporter](https://news.google.com/rss/articles/CBMi1wFBVV95cUxQY1J0YWNCcHozUm9VY2tEdmVqc0JZSS1QWXV4R21fallxbkJHU3Z3NlN6dkFsVElsWmh0eDE0MnlpTkJVU28yWHVYeVBZdTZLUEJxQlRpWFowQV8zWlJEcktKTEQzWXp6Z1JUZmM0VENGa01CS29weGpkME8wTzVBMXIwUEVDQU1QclpabFlrOFRsaFNTOGdMa3M0WmJ5QXhlcjFjODZyUGZlN1BMVC1jeHJKSk5uYjZyWkY4Q29wakIyZVpLTDI0RkYwNEtDdkMtTzhfNFNzVQ?oc=5) · Herald Times Reporter
- 2026-04-01 [$uicideboy$ have announced their annual Grey Day Tour - Kerrang!](https://news.google.com/rss/articles/CBMivAFBVV95cUxQeUtXT2ZwYkRFOWMza1ptM09KOS1BQW1KNC1UblZ0a3ZvaDM3aVVDRXZUUE0xUUttOFdpUmZzdG9lMjMwZXRDYkctOUFzZlU3WWViU0RRX05GQk11MnJ6QzY3SkhyaVBzbzBBRGpLc1R5ckQ3TGZRaXl2cGZSVWhXMEtRYW5oTnZjdWZJYzlhVWxjeE0tQjdJYVpYdGhoYnFLWmpPUG9xUGw2VFFBVTFqR1pWQmpTdmhJVnVxaQ?oc=5) · Kerrang!
- 2023-11-24 [What's going up next to Shoreline Credit Union at East Town mall? Here's what we know. - Green Bay Press-Gazette](https://news.google.com/rss/articles/CBMi0wFBVV95cUxNWEZDdGVtbmFNbXhNTWl2SnhsUWJ2SkQwOHdScFdnUURRTzZPaEtsdWV3aUFjOVoyV0ctbzhPc3dqOGhuaFltMlk0QUEwVWdreDhDNC1lT0F4Q2RTWHhpemJhX2kySFRrZHBNT2JoUEpPa1lOSnlGWVNkYjBjUHhDV2V4THc3MTNGeHBjdE5NMS1JSTlONTZXYkpKMDRmdTFwMVFsbERiWk1rVjgyVGp5UjVmT2dLVEo3dXVJNm9LYUJZeHZlb253aFQyWHI0VGlrRDZv?oc=5) · Green Bay Press-Gazette
- 2022-11-20 [Community Choice CU eyes continued expansion in West Michigan market - Crain's Grand Rapids](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPQUU5QnJtdW9YTmtDRWd2OEtVcUN0cktWTEJ5X3BIRmQ2LWVOQ2NPN0d3dFJuRlJMeVA3aUVEWU03YzliU0dRcjdkZ0lKejR4VXd0dG5wNEJHQ2FKQ2JZWkZuajVBRmpYOUVsRjlkOGRDajlqU2h6cTBGbWxEaXVTRmd0a1JSN1ZWV0lCbnF0OWhTWmFudHNyWDdwcUM1QmJ5b3VjSkd6X3VTRWx5NXhsQ1J5Zl9QdFFUaVYzdFpHN2pldw?oc=5) · Crain's Grand Rapids
- 2026-03-31 [$uicideboy$ Map Out North American Tour - Exclaim!](https://news.google.com/rss/articles/CBMifEFVX3lxTE9VT0VwRzJHeDZsQU9UT2l3WWZ0NEU3R0MzV3N2VDVKMjhTVndSN1JSOWJSbi1leFBWT3FrTmJGMlduaXVUblZvMW5pdWJiM1FhY2JwdFp0dkZBTFVZcGhGZ1JROWQ4c1BHeU9WcUItV25JaFg5blBBcEhfeEE?oc=5) · Exclaim!

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8412 (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 "8412", 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=8412
- 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