# HAMILTON HORIZONS
Hamilton, NJ · NCUA charter 9411 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hamilton-horizons-9411

Who the members are: federal charter, community charter, organized 1954. 2,630 members of 93,000 potential (2.8% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 31.

**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 | $19.4M |
| Members | 2,630 (3.0% YoY) |
| Full-time staff | 5 |
| Net worth | $1.3M |
| Net worth ratio | 6.8% (p2 of band) |
| ROA (annualized) | 0.28% (p37 of band) |
| Total delinquency | 5.49% (p94 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 69% (p66 of band) |
| Cash / assets | 6.6% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.11% (p88 of band) |
| Operating expense / assets | 5.99% (p89 of band) |
| Vehicles % of loans | 17% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 2.86% (p86 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 68% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 1% |
| Average share balance | $4,552 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 31% |
| Loans granted per 100 members, annualized | 2% |
| Average loan balance | $15,519 |
| Loans granted, annualized | $2.0M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, expense trap, delinquency 2x band |  |
| 2016-06 | 4 | losing money |  |
| 2016-09 | 4 | net worth falling | delinquency 2x band |
| 2016-12 | 4 |  |  |
| 2017-03 | 7 | capital below 7%, charge-offs p90, members leaving | expense trap |
| 2017-06 | 5 | delinquency 2x band | net worth falling, capital below 7% |
| 2017-09 | 2 |  | losing money, charge-offs p90, delinquency 2x band |
| 2017-12 | 3 | delinquency 2x band |  |
| 2018-03 | 5 | delinquency rising, assets shrinking |  |
| 2018-06 | 6 | losing money, expense trap | delinquency rising |
| 2018-09 | 7 | delinquency rising |  |
| 2018-12 | 6 |  | delinquency rising |
| 2019-03 | 10 | capital below 7%, net worth falling, charge-offs p90 |  |
| 2019-06 | 10 |  |  |
| 2019-09 | 9 |  | net worth falling |
| 2019-12 | 8 |  | delinquency 2x band |
| 2020-03 | 8 | net worth falling | charge-offs p90 |
| 2020-06 | 6 |  | assets shrinking, losing money |
| 2020-09 | 6 | margin squeeze | net worth falling |
| 2020-12 | 6 |  |  |
| 2021-03 | 6 | loan book shrinking | members leaving |
| 2021-06 | 6 |  |  |
| 2021-09 | 5 |  | loan book shrinking |
| 2021-12 | 7 | net worth falling, delinquency rising |  |
| 2022-03 | 6 |  | margin squeeze |
| 2022-06 | 9 | losing money, delinquency 2x band, members leaving |  |
| 2022-09 | 7 |  | delinquency 2x band, members leaving |
| 2022-12 | 6 |  | net worth falling |
| 2023-03 | 4 |  | expense trap, delinquency rising |
| 2023-06 | 5 | assets shrinking |  |
| 2023-09 | 6 | members leaving |  |
| 2023-12 | 6 |  |  |
| 2024-03 | 5 |  | losing money |
| 2024-06 | 7 | losing money, expense trap |  |
| 2024-09 | 7 |  |  |
| 2024-12 | 6 |  | losing money |
| 2025-03 | 8 | delinquency 2x band, delinquency rising |  |
| 2025-06 | 7 | net worth falling | assets shrinking, members leaving |
| 2025-09 | 4 |  | delinquency 2x band, delinquency rising, net worth falling |
| 2025-12 | 7 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2026-03 | 5 |  | expense trap, assets shrinking |

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

- 2026-04-12 [Alan Dalla Palu Obituary (1965 - 2025) - Lebanon, NJ - Post and Courier](https://news.google.com/rss/articles/CBMioAFBVV95cUxObWVEaHJMeTByTmVpdnJGQVE3aHlTX0Z5UHdhOVYwNlRtQjR6QzZ3WmMtVmZWQnBEN2R5Rm8xQkRQTEtkY0pRUmVwRFlyRTFQSFhSUVVobVl0a0IyYXRXR0lwSWt0ZlF1QUU2Z1VYcVZGaUpoVVJabmdzaGtKNTRQUzFJNlJETHh0eGhTTlFwSE9IU3NzbEVHZnozcGFVUUxt?oc=5) · Post and Courier
- 2018-11-29 [Womanspace Communities of Light event is Dec. 3 ⋆ Princeton, NJ local news % - Planet Princeton](https://news.google.com/rss/articles/CBMijwFBVV95cUxOemhnejRkU0dmYWxXWFZscmJCemRjVVBlQzZnVkIyWVJtX2Y3STRJLXk0M0RTdmVFc1NWM252WDQwcEpiSFhDblluNV8wd1M0RmZEcWh5T0tscFo3UlhXSldMeUVxa2tGbVBBd1F0bl9LOUdvZE9rdkJnakl1MVkyTi1pNFVUNWpmZ3FveUtjRQ?oc=5) · Planet Princeton

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9411 (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/3.json (key "9411", 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=9411
- 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