# SOUTHERN
Houston, TX · NCUA charter 9214 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/southern-9214

Who the members are: federal charter, manufacturing (single sponsor), organized 1954, low-income designated. 3,655 members of 5,500 potential (66.5% of the field); checking penetration 19% (share draft accounts per 100 members); loans per 100 members 55.

**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 | $77.6M |
| Members | 3,655 (-0.5% YoY) |
| Full-time staff | 7 |
| Net worth | $33.9M |
| Net worth ratio | 43.8% (p100 of band) |
| ROA (annualized) | 1.12% (p72 of band) |
| Total delinquency | 3.25% (p98 of band) |
| Net charge-offs (annualized) | 2.81% (p99 of band) |
| Loans / shares | 71% (p71 of band) |
| Cash / assets | 55.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.67% (p7 of band) |
| Operating expense / assets | 1.91% (p5 of band) |
| Vehicles % of loans | 81% (p98 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 3.44% (p97 of band) |
| Vehicle NCO | 2.21% (p95 of band) |
| Repossessed % of vehicle book | 0.57% (p96 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 60% |
| Certificates % of member funds | 36% |
| Average share balance | $10,450 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $15,354 |
| Loans granted, annualized | $10.6M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **repo signal** (`aq_repo`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | delinquency 2x band, auto monoline |  |
| 2016-06 | 3 | charge-offs p90 |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | charge-offs p90 |
| 2017-06 | 4 | charge-offs p90, repo signal |  |
| 2017-09 | 3 |  | repo signal |
| 2017-12 | 4 | repo signal |  |
| 2018-03 | 3 |  | repo signal |
| 2018-06 | 4 | repo signal |  |
| 2018-09 | 3 |  | repo signal |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 | assets shrinking | charge-offs p90 |
| 2019-06 | 4 | repo signal |  |
| 2019-09 | 5 | delinquency rising, charge-offs p90 | repo signal |
| 2019-12 | 8 | repo signal, members leaving, loan book shrinking |  |
| 2020-03 | 7 |  | repo signal |
| 2020-06 | 9 | net worth falling, margin squeeze, repo signal | assets shrinking |
| 2020-09 | 8 |  | delinquency rising |
| 2020-12 | 7 |  | net worth falling |
| 2021-03 | 6 |  | members leaving |
| 2021-06 | 7 | members leaving |  |
| 2021-09 | 5 |  | repo signal, members leaving |
| 2021-12 | 6 | members leaving |  |
| 2022-03 | 5 | assets shrinking | margin squeeze, members leaving |
| 2022-06 | 5 |  |  |
| 2022-09 | 4 |  | loan book shrinking |
| 2022-12 | 5 | delinquency rising |  |
| 2023-03 | 4 |  | delinquency rising |
| 2023-06 | 4 |  |  |
| 2023-09 | 3 |  | charge-offs p90 |
| 2023-12 | 3 |  |  |
| 2024-03 | 5 | delinquency rising, members leaving |  |
| 2024-06 | 5 | charge-offs p90 | delinquency rising |
| 2024-09 | 3 |  | assets shrinking, charge-offs p90 |
| 2024-12 | 2 |  | members leaving |
| 2025-03 | 2 |  |  |
| 2025-06 | 5 | net worth falling, margin squeeze, delinquency rising |  |
| 2025-09 | 2 |  | net worth falling, margin squeeze, delinquency rising |
| 2025-12 | 2 |  |  |
| 2026-03 | 5 | charge-offs p90, repo signal, loan book shrinking |  |

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

- 2025-11-19 [Florida credit union to buy Georgia bank - Banking Dive](https://news.google.com/rss/articles/CBMihAFBVV95cUxQZTNDNkZLY2FXVC1nOHV2UHVIMVZSYjA3TDE5RnFlVWFzd1ZtdFJQY1Z6X0dZMF9QNlNjWjhUSzJVeG9BalI0SXVDTXQ5Z215bVB1Ym9zX2lnNXVHc2NLbkpGako4YjJ1Q0YzZWpzMl9oYWFNUU9XV1lRS1FlVW9xUTlHdS0?oc=5) · Banking Dive
- 2026-03-02 [District court dismisses all claims in credit union settlement disagreement over tradelines - jdsupra.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxQdmo0NnJUVGswbzR0QURTTFFQUF80Rmt5bHo1YUJNSlhtNGdhcjB6TnpGVHJQT2NkLVJXd1JXSnZTQkFTQnV4TlF3Nkw2NE5tdnpmcllkSVRjeHdFQzdjX3VNYjF1cHNBWVZFLVk4ckx5T05VUHgtTXJxVDk0Z2w1UldET0g3OWZu?oc=5) · jdsupra.com
- 2026-02-27 [Texas Southern vs. Florida Atlantic (Oct 3, 2026) Live Score - ESPN](https://news.google.com/rss/articles/CBMihwFBVV95cUxOSUM4Mzk4aEhGYTNaTjN4ZWhDM0djYUJlUGtqd0VRN2RKNnBuZ3pXNlpZZFl0cm5WWExyV011d0pTZEdLdlY2YUtJQ0RyQmxFMHh4SXlhT3R3bnFLMV9TN1VHUGpPV1VQLU0zd1RjUHJRS1VxS2tTYWdqQmk3OTI5SVJDdjVNR1k?oc=5) · ESPN
- 2025-11-26 [Southern Miss & Troy to Clash for Championship Game Berth, Six Teams Seek Bowl Eligibility in Sun Belt Football Week 14 - sunbeltsports.org](https://news.google.com/rss/articles/CBMi9gFBVV95cUxOMDVDMDU3YzdKQ2xVOVpSemM2azRDdkMzVDVBdDBlYUFmdnU4YjVIeE9GSDA1NXRvVlJkMVF6TkNJMTFsMUdMbWZKaUs0SWQyeXktVzJBTGJ4d2hJaDVycDJFNHpnTTEtTGhTVjRnd2k0Nm1MSXV5VHJQOGYyc3NLN0I3MjRud0RmaUNjNXU2TzBfbHJGOHoxQjQwRERFN2pTR1AzcC1USEVFUXp4dmRaeTZ4UlpyR2NOaXBmNlJJVFU5YWlsdDBlbXpUbVJYdWsxUzV2UURVc1B2c3Q3anJ4UmtMQnM4cFBtRmdadk44Q0NaV1ZXdmc?oc=5) · sunbeltsports.org
- 2026-08-13 [Texas Southern Tigers @ Grand Canyon Lopes: Live game updates, stats, play-by-play - Yahoo Sports](https://news.google.com/rss/articles/CBMijgFBVV95cUxQSlYwUjhHZHZtRXhjaUREc0pZdVlnRXZuck9zQlBERFJaSTVJVkxOTGRDVkNkXzZnaEYyTEZmRjZCLWxUdFdLMUlZTzc5c2pOM1JKNTRpdkVqMnJ3S0xOTDVjdEVWZXpmRkwycmRDZDl3enJqUVN1d3IwaW9lRTNiVVZRT0g3TWo4UHcwODB3?oc=5) · Yahoo Sports
- 2026-01-13 [Nusenda Credit Union appoints its first El Paso-based board member as it expands south - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxPb2RPLTJRMzl3ckhveE44R0xQN1pOOC1VcXRickxTRnJBb3ZWdmZOV1k5eGxMaDV3U25CY2J2NXA5QTY1TU1XYmdyQWNHN01HQnFPc0FFOVVIYXFKMWRwWWYzMnpNQ01CdmZrcGtKQ2w4QWRadXdkOGNWVlBmeUNhSnNXd255SVBZNkxFamlhTmI3b0ZEOUY3RC0xdkc5eXQwOUR0djEydUVuU3JoZ1pB?oc=5) · The Business Journals
- 2026-01-22 [Florida Atlantic adds Texas Southern to 2026 football schedule - FBSchedules.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxOU3FoRkhxMHhFc28zcUdFN1BpSmNNWm8wUThHSG14X25TUjJVSWswTHF6TG9sZ1c0V3o1SXQ4bUVVTXdkcWRHZktuYzZxc2FJWlJtUkFTdTBVaVFNU0pubEVqM3htOFR4Q0ZsVENHU29xTWtNb3QzMDZpdGUyTzFUV3RfZHBHN0F2ZURGN3FUd2rSAZYBQVVfeXFMTVJ4bVExbm1GS2lmYnlTdUhZS0xSelhneWdtQlc0Qll6YTJUQ0k4R0FJTGZfdUhwQkFQVFkwU0RCZ252ZXhEc1FFd3dGYm02Ync3UlVlTUhoVDA5Vkk0WHQwc05pUzlDZTVTNU1aVFZIUDdacW5zTGF3NHl1cXZZWmg1cV8xdDFNYkJDZWx5RnpLNFFySHJn?oc=5) · FBSchedules.com
- 2026-01-28 [The Black Crowes & Whiskey Myers Announce Massive Co-Headlining Southern Hospitality Tour - Live Nation Newsroom](https://news.google.com/rss/articles/CBMiwwFBVV95cUxQT3o2UV9GOERXdGpPY1VCMjJKOTVHYWJFY0hFaDk3YmFlTUdOZVF6UzhheTZuZmJORFQ2OE53MHdDR05ZUkpLZ0dCZUg2UEdNVG9GaElZQ1JnTVZqQ1oyMHA5MTkzZHFhQ2YwMG5TTW9QSk83aXRfT1k1MTdQSnpPNklMSUUyMk4wcU9PLVpZUUZtYXlyYTZ1UVZ2ck5SNFRCQVp4LWVZSE54Q2ZyWjlDeGxDWENZU0dvUEpKdW9qSmsyZnM?oc=5) · Live Nation Newsroom

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9214 (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/62.json (key "9214", 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=9214
- 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