# SOUTH BAY
Redondo Beach, CA · NCUA charter 95052 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/south-bay-95052

Who the members are: state charter, organized 1953. 9,930 members of 1,083,939 potential (0.9% of the field); checking penetration 76% (share draft accounts per 100 members); loans per 100 members 38.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $164.3M |
| Members | 9,930 (3.2% YoY) |
| Full-time staff | 24 |
| Net worth | $14.9M |
| Net worth ratio | 9.1% (p14 of band) |
| ROA (annualized) | 0.13% (p14 of band) |
| Total delinquency | 0.60% (p48 of band) |
| Net charge-offs (annualized) | 0.52% (p69 of band) |
| Loans / shares | 83% (p77 of band) |
| Cash / assets | 12.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.58% (p44 of band) |
| Operating expense / assets | 3.81% (p57 of band) |
| Vehicles % of loans | 26% (p31 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p33 of band) |
| Vehicle delinquency | 0.85% (p64 of band) |
| Vehicle NCO | 0.91% (p70 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 66% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 3% |
| Core shares % of member funds | 54% |
| Certificates % of member funds | 29% |
| Average share balance | $7,299 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 38% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $32,261 |
| Loans granted, annualized | $26.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## 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 | 1 | delinquency rising |  |
| 2017-06 | 0 |  | delinquency rising |
| 2017-09 | 0 |  |  |
| 2017-12 | 1 | net worth falling |  |
| 2018-03 | 1 | delinquency rising | net worth falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 1 | loans>95% of shares | delinquency rising |
| 2018-12 | 2 | leaning on borrowings |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | leaning on borrowings |
| 2019-09 | 0 |  | loans>95% of shares |
| 2019-12 | 1 | assets shrinking |  |
| 2020-03 | 1 | charge-offs p90 | assets shrinking |
| 2020-06 | 1 | net worth falling | charge-offs p90 |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 1 | margin squeeze |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 2 | net worth falling |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 1 |  | margin squeeze |
| 2022-03 | 2 | delinquency rising |  |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 0 |  | delinquency rising |
| 2023-03 | 0 |  |  |
| 2023-06 | 1 | net worth falling |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 0 |  | net worth falling |
| 2024-03 | 2 | delinquency rising, leaning on borrowings |  |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 2 | losing money |  |
| 2024-12 | 4 | thin capital, net worth falling |  |
| 2025-03 | 1 | assets shrinking | leaning on borrowings, losing money, thin capital, net worth falling |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | assets shrinking |
| 2025-12 | 1 | net worth falling |  |
| 2026-03 | 1 |  |  |

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

- 2026-05-05 [Darin Daggett Appointed Chief Financial Officer at South Bay Credit Union - hrtoday.in](https://news.google.com/rss/articles/CBMimAFBVV95cUxQMzRrOFJZODFIaEVwb1RfZmQtZllJZTY3b29xaUh5X3RQdUVnMFVmWnZsektGaGxoWUtLNDlGa0tRNm5PMTZOQnRNUjJYODNZWDBqTUdmV0ZUeFhfcDc0M01BZGx0eUxBbFdsUUtKTXhoN3pnMkZkQndPNnJPZmdMUmk2b1IteDJaYm9ZMk1EREdjX3E4MVJsWg?oc=5) · hrtoday.in
- 2026-01-21 [Local roots, lasting impact - Morgan Hill Times](https://news.google.com/rss/articles/CBMiZkFVX3lxTE9aTmFtODItakk3bnR0dFhYMFhRWTI0dzNEbDhhRFpHbFZ3MHVlTWNBQUdNSlZTSVJ3dFptYXZPT2ItOEc2eUFMM2o5ejB5V1Q5ZzVEWEZRX2lXcnN0ODlMVmgzRWNVZw?oc=5) · Morgan Hill Times
- 2025-05-07 [Maintain your wealth: Best credit unions in the South Bay - El Camino College The Union](https://news.google.com/rss/articles/CBMinwFBVV95cUxOQ0JERDRWRlV0dW1sLWR2VjItUXJTaWFMVUpZaGpTdndRclBhbGo2SnJqdGFUMk9WTndCYzJUYWxocldabVhVelR5eGVfb2tfNTBlT2lSY0poRThZOF9SNHlEbTdYMXEzZDh4OGlxVzhWOUVlSmNMUFhXNng5UklfSU14b0dJZ0pRUlZnTDBnbnFYTm83bzh0OS1NS24zNHc?oc=5) · El Camino College The Union
- 2021-07-26 [South Bay Credit Union hires new president and CEO - American Banker](https://news.google.com/rss/articles/CBMioAFBVV95cUxPX2xGOTNuY2VBSVR6QVctZi1kckhqMDVKX3VoamFOMVpSMmFmVVV5ejBlTnVlUjFnYlhjZ3pqM0NvTG9VNXBjZHZPNlMtOGFySUt0RUhHenl2Z3RXZ0ZDNi1mb2g0YzdVTVF0Y0pvd1k0YVBRRDkxcWFjV2pHaGxHY1VUblRRdVVpbjRQQnRab0g3Yk9OaWFfSmwwMnZ5R2l4?oc=5) · American Banker
- 2025-12-19 [NICU Delivers Holiday Toys & Gifts - imperialbeachnewsca.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNaGFhcm5sb19JUzJLeGtjMnFmVVF3WnVmTDV3LVlHaFBKUkxmMVlQN2tQNF82eURyem01bEMyMG9nQ0FvQVU0YnNDNVZqS2FzbVhMTEZ0Z0dsY0MtcVpocDFCcnVTejNJWE9oLXpoaDhxVEZfUjdBRVc5Rk1HMUYzNThqWkFEMWkwY1RwNWhTVGZBVjFk?oc=5) · imperialbeachnewsca.com
- 2025-12-22 [Oakland tower deal shows that East Bay office market weakness persists - SiliconValley.com](https://news.google.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?oc=5) · SiliconValley.com
- 2021-11-22 [Jennifer Oliver named President/CEO of SCE Federal Credit Union - CUInsight](https://news.google.com/rss/articles/CBMipwFBVV95cUxPSGpNZ09LeTREM0YyVGJyUnVXYmhodHJ0QnZFLXh6UnIxRzZncDFrR3VBSzRmelIwUHpDTEdING1OakhhWkFEaVkwNnpuNVJXeTZZWXZiLS11VnlqM0dpa0d5d1Bpd0stVE83NzFiblFCYS1IVm9Fb19oLUtLcHlHRjc5NWViODZNMjFIYmZtajFvcF8tbE9BVHlVS3B3UkFuVUtrbGJxaw?oc=5) · CUInsight
- 2022-08-05 [Kinecta Recognized as the #1 Credit Union Provider in the South Bay - PR Newswire](https://news.google.com/rss/articles/CBMivwFBVV95cUxQZS12TU1LUFRLRlpib2pHR09WSTE4N3JhMk45ZU1uT3VvclNSLThEM2xxeU1hOVlNaWl1dkNYcl8yN1NBTmdkS1FRclVfeEdSVDM0eHVFd1A2bnFXMXMzVEFCQUZZV2d6aWRHYkwzT0hZcDlWUlRoa3JkVFlaeElqejdpTVgxWHBlaEFCV2xuM0MzNURnSm5xXzBrRzc5Z1Y1N1ptNXdYWWtzdm11MlRMV0k0QlBzUld0NlFXZndCUQ?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=95052 (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/12.json (key "95052", 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=95052
- 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