# DESERT SAGE
Nampa, ID · NCUA charter 8493 · asset band <$50M · latest filing 2020-12 · stopped filing after 2020-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/desert-sage-8493

Who the members are: federal charter, community charter, organized 1953, low-income designated. 360 members of 100,000 potential (0.4% of the field); checking penetration 26% (share draft accounts per 100 members); loans per 100 members 54.

**Verdict on the desk:** this could be *stressed*. Composite score 10 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.3M |
| Members | 360 (-1.9% YoY) |
| Full-time staff | 1 |
| Net worth | $72,419 |
| Net worth ratio | 5.7% (p1 of band) |
| ROA (annualized) | -7.79% (p0 of band) |
| Total delinquency | 5.44% (p94 of band) |
| Net charge-offs (annualized) | 6.19% (p99 of band) |
| Loans / shares | 61% (p63 of band) |
| Cash / assets | 48.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.12% (p97 of band) |
| Operating expense / assets | 8.08% (p98 of band) |
| Vehicles % of loans | 51% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | 10.45% (p98 of band) |
| Vehicle NCO | 12.03% (p100 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 92% |
| Certificates % of member funds | 8% |
| Average share balance | $2,360 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 54% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $3,640 |
| Loans granted, annualized | $147,828 |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | expense trap |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 3 | delinquency 2x band, loans>95% of shares | net worth falling |
| 2017-03 | 3 | assets shrinking | delinquency 2x band |
| 2017-06 | 5 | losing money, delinquency 2x band, delinquency rising | loans>95% of shares |
| 2017-09 | 8 | net worth falling, repo signal, loans>95% of shares |  |
| 2017-12 | 6 | members leaving | delinquency rising, net worth falling, repo signal |
| 2018-03 | 4 | delinquency rising | assets shrinking, losing money, loans>95% of shares |
| 2018-06 | 4 | loans>95% of shares | delinquency rising |
| 2018-09 | 2 |  | delinquency 2x band, loans>95% of shares |
| 2018-12 | 3 | delinquency 2x band |  |
| 2019-03 | 5 | net worth falling, losing money |  |
| 2019-06 | 7 | margin squeeze, delinquency rising |  |
| 2019-09 | 6 |  | net worth falling |
| 2019-12 | 6 | assets shrinking | margin squeeze |
| 2020-03 | 9 | net worth falling, margin squeeze, loan book shrinking |  |
| 2020-06 | 9 | thin capital, charge-offs p90 | members leaving, delinquency rising |
| 2020-09 | 11 | capital below 7% |  |
| 2020-12 | 10 |  | assets shrinking |

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

- 2021-05-26 [Small Idaho credit union’s financial health prompts ’emergency merger’ with larger local CU - BoiseDev](https://news.google.com/rss/articles/CBMic0FVX3lxTE5oQUN4bmNVZ1hydEwyU1ktbnJtam0tRWQ1SzE0aXRMVHJ6QTkxNzIzMjYwaEdlWFlJMzNuUDlpU3E5S05tQzJqSzNFX2Q1NXBWYTQxTTdJdzh1YURfa0pzaE95MVBTc0tTdUFTSVphdnpwams?oc=5) · BoiseDev
- 2021-06-29 [Idaho banks, credit unions make changes - Idaho Business Review](https://news.google.com/rss/articles/CBMiigFBVV95cUxNMlJrWVpDMkxZQXdhZWxCRjJ4dlZ1RzhUUzBpN3c5UzB4bTQ2TGtvYnFOT211aVptVUpDSW1QVkFBcml1LWxFWlBXb0pmNjNoNTBCOEZCdG5TR3gzXzNMSnc0aElWY09OVnJ3Zzh4Z2FfZHlHUGVSMlJKU2FRYW8zQVhNM3F0Yks3Smc?oc=5) · Idaho Business Review
- 2018-11-30 [Four low-income Idaho credit unions awarded grants - Idaho Business Review](https://news.google.com/rss/articles/CBMimgFBVV95cUxNVExpNmRWZmZlS28xcE5CbThuQVhVTkVoeVVBTWRXb1F3NG9JSWI0SmtWaE05cWl6M1RyOUVLNzhWLTFraHdyZUExUC1ObU1kMmd4TVh4bXV5Rl8yTU9OVzZEbUFDa09GaDRGX0MtQ1JFRUVyOGRqU2kwZWFxbnVRRWNFUjc1SVotRkNqemlQVUlaNHc2cWhhMmpn?oc=5) · Idaho Business Review

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8493 (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/45.json (key "8493", 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=8493
- 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