# L & N
Louisville, KY · NCUA charter 9260 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/l-and-n-9260

Who the members are: federal charter, multiple common bond, organized 1954, low-income designated. 121,597 members of 694,701 potential (17.5% of the field); checking penetration 74% (share draft accounts per 100 members); loans per 100 members 27.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.58B |
| Members | 121,597 (3.4% YoY) |
| Full-time staff | 299 |
| Net worth | $271.9M |
| Net worth ratio | 10.5% (p46 of band) |
| ROA (annualized) | 1.11% (p80 of band) |
| Total delinquency | 0.21% (p9 of band) |
| Net charge-offs (annualized) | 0.07% (p3 of band) |
| Loans / shares | 91% (p66 of band) |
| Cash / assets | 8.5% |
| Borrowings / assets | 3.10% |
| Net interest margin | 2.56% (p11 of band) |
| Operating expense / assets | 2.44% (p16 of band) |
| Vehicles % of loans | 5% (p5 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p3 of band) |
| Vehicle delinquency | 0.39% (p27 of band) |
| Vehicle NCO | 0.38% (p11 of band) |
| Repossessed % of vehicle book | 0.08% (p51 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 298% |
| Core shares % of member funds | 36% |
| Certificates % of member funds | 30% |
| Average share balance | $8,380 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 27% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $61,508 |
| Loans granted, annualized | $363.3M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $33.7M sold and retained. Sold in 1 and bought in 0 of the last 8 quarters. Shares 9.1% year over year.

## Flags firing in the latest filing

- none

## 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 | 0 |  |  |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 0 |  |  |
| 2019-06 | 0 |  |  |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 2 | net worth falling, leaning on borrowings |  |
| 2020-06 | 2 | margin squeeze | leaning on borrowings |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | delinquency rising |  |
| 2021-03 | 1 | net worth falling | margin squeeze, delinquency rising |
| 2021-06 | 0 |  | net worth falling |
| 2021-09 | 0 |  |  |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | delinquency rising |  |
| 2023-03 | 0 |  | delinquency rising |
| 2023-06 | 0 |  |  |
| 2023-09 | 0 |  |  |
| 2023-12 | 0 |  |  |
| 2024-03 | 0 |  |  |
| 2024-06 | 1 | delinquency rising |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 0 |  | delinquency rising |
| 2025-03 | 1 | delinquency rising |  |
| 2025-06 | 0 |  | delinquency rising |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2025-12-15 [USPS Honors Muhammad Ali With Forever Stamps - USPS](https://news.google.com/rss/articles/CBMirwFBVV95cUxPYjdYQzNpZExHc0sxSTREb1lvWEU5NVNTQ0Jzc01yNHV6Sk9fWmkxU01xbnFqSWFKbGt3S1hTZ0lFQ3pDTHBVa2pjSTdHVWtNbHk0aXZRclBLT0hhclNmc0JRdFlHYXNxbkVwaUMwLS1TazVlb2l6cHVKeUxTRjJEVTVfMGlTOU44SEpsZS1CNXB0akM2QWJkelhIdi1YMV9uVGZVWWdRbnVqaURxa1ln?oc=5) · USPS
- 2026-03-15 [Roscoe Davis Obituary - Louisville, KY - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxQbC1qUzN6eHAtREwycGNwWXZDSnhzaXJILTdTbHc0eEU4eGRuekNBcnVJeUZKcWhRVWNUTnR6cEdjZmwtb0lsWlBFbTdlWVVjUExVbHIxY003ZXhFRW5QLWJ3akxmZXZMSXdXaS0tOHM4bHZmeGF5TTRaaXpJQzhXLTVXbUU?oc=5) · Dignity Memorial
- 2026-01-04 [Michael "Mike" Terrence Flynn - The Courier-Journal](https://news.google.com/rss/articles/CBMiZEFVX3lxTFBBWDl3amdsSU94RHF4SGZXOXJPSFVJT1V3ME9Wems4QVpRdnlOamZtTUUwSmljb3pyam0zVjJzSklkZ051NHFfWnVKS21pQ3FwLWI2Wk5VeEh3RlQ3ME5DUUtuVHY?oc=5) · The Courier-Journal
- 2025-12-31 [USPS Honors Muhammad Ali With Forever Stamps - Louisiana newsroom - USPS](https://news.google.com/rss/articles/CBMirwFBVV95cUxPVFZ5VXNleUJOWjBEVFZPS3RkNjNFZzlRNHZYZnhuMkQ0MVZmMWtfVHBZSzE3al80MW4tY2xJdzlncVNMcjJQcGpkRUs3S1M2RUVHZmhlNktwU0VwMkt5SzJaN3R6aURoRUxqdVRSRHlvWmJVSTN6M3E2QlJNOTRFTjJ0TDlkZ2lTUHZaZ1RDNEY5QWZZTFNtbFJkeVl4Qnh3eE0xV0t2NUR5YUNuSzBj?oc=5) · USPS
- 2022-10-04 [Tony D. Wood Obituary (2022) - Mt. Washington, KY - Schmid Funeral Home - Mt. Washington - legacy.com](https://news.google.com/rss/articles/CBMifEFVX3lxTE9XN25sOTg2X0JwTDkxaWhNNUh5RnRjZlE3LVVmLXFTT2F1X0oxTlc3ZjVRSV9DYlhvOG9tQkZmdGJZdkloS0tua1paeFA5bXlhZ1g2cGJhVUdHUUpkbEp0TVQyc29rSTRobVRWWGFvSzBPN0hwendNMUhiMmI?oc=5) · legacy.com
- 2017-08-04 [Christopher Braun Obituary - Louisville, KY - Dignity Memorial](https://news.google.com/rss/articles/CBMiigFBVV95cUxPcHpCc3JPZFhESk94aFphRmh5OVVhT0lfZDZSdXFVUmRURlE2NDlwak5EYUxxLTU3S1AzME9KOFh4a2pYcW5Fbl8yMVJqZmJoRG1WYllkUl9aS21EU3BfWE0wX0ZkVnBaY1Nsb29RLXpHNkd6RHZkeW5TbEtMLUVNNk5JSDFZWHhDNEE?oc=5) · Dignity Memorial
- 2021-10-17 [Christopher Braun Obituary (1976 - 2017) - Louisville, KY - Courier-Journal - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQTDVDMHFDZU5wdlJmLVdYeGxCcjBqcEZldHMxX0RjOVFXcGJOb1hoT0F0RFRZWmxWMWw3ZEpOWktKUl9WaDVMUVhldVBZa1JVdGN1UnVOYWFBOC1ZdFB0V1A5bUN2cEIwZm9JMjBQeDlLV3QzNWJXRjhvT29iZWpxWGwtbTRsTnZnUEN4TE1uVmR3NVdNNEE?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9260 (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/44.json (key "9260", 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=9260
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide