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credit union · NCUA 11950 · AL

How big is COVINGTON SCHOOLS?

COVINGTON SCHOOLS (AL, NCUA charter 11950) reported total assets of $22.4M, 1,606 members and a net worth ratio of 31.62% in its Call Report for 2026Q2. That ranks 3049 of 4,299 federally insured credit unions by assets, 656 of 1,135 among credit unions with $10m-$50m in assets, 59 of 88 credit unions in alabama.

TOTAL ASSETS: $22.4MMEMBERS: 1,606NET WORTH RATIO: 31.62%45 quarters since 2015Q2

Cite: FACTANKER, https://factanker.com/credit-union/11950-covington-schools

What stands out

COVINGTON SCHOOLS (AL, NCUA charter 11950) reported total assets of $22.4M, 1,606 members and a net worth ratio of 31.62% in its Call Report for 2026Q2. That ranks 3049 of 4,299 federally insured credit unions by assets, 656 of 1,135 among credit unions with $10m-$50m in assets, 59 of 88 credit unions in alabama. Against its size class: net worth ratio 31.62%, above the peer median of 13.88%; loan-to-share ratio 52.46%, below the peer median of 57.77%; return on assets -7.81%, below the peer median of 0.70%. At 31.62% its net worth ratio is above the 7% NCUA threshold, which puts it in the "well capitalised" band of prompt corrective action; the regulator applies further tests, this page does not.

Key figures, 2026Q2

As filed with the NCUA; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same quarter.

Measure2026Q2Median, size classMedian, stateMedian, allEvidence
Total assets$22.4M$25.2M$49.1M$68.3Mrecord →
Shares and deposits$15.2M$21.4M$42.7M$58.3Mrecord →
Loans outstanding$8.0M$11.2M$20.0M$34.4Mrecord →
Net income (year to date)$-874.1k$82.1k$218.9k$222.2krecord →
Net worth$7.1M$3.4M$8.7M$9.0Mrecord →
Net worth ratio31.62%13.88%14.15%12.65%record →
Loan-to-share ratio52.46%57.77%58.66%68.70%computed
Return on assets-7.81%0.70%0.72%0.71%computed
Members1,6062,0924,5564,818record →

Quarter by quarter

45 Call Reports on record, 2015Q2–2026Q2; the 40 most recent shown.

QuarterTotal assetsSharesLoansNet income YTDNet worth ratioMembersRank
2026Q2$22.4M$15.2M$8.0M$-874.1k31.62%1,6063049
2026Q1$21.9M$14.3M$8.7M$-347.3k34.38%1,5273081
2025Q4$21.9M$13.9M$9.3M$-204.0k37.77%1,6273084
2025Q3$21.6M$13.4M$9.9M$-105.1k37.94%1,6713116
2025Q2$21.5M$13.1M$10.9M$-52.3k38.29%1,6033143
2025Q1$21.5M$12.9M$11.8M$127.4k40.26%1,6033168
2024Q4$20.8M$12.9M$12.2M$547.6k37.63%1,6153197
2024Q3$21.2M$13.1M$12.6M$396.9k38.21%1,6203199
2024Q2$21.4M$13.2M$13.0M$319.7k38.07%1,6173209
2024Q1$21.2M$13.3M$13.3M$206.7k37.00%1,6083248
2023Q4$19.5M$11.9M$13.1M$491.2k39.07%1,6003310
2023Q3$19.6M$12.1M$12.7M$359.7k38.18%1,5943324
2023Q2$20.1M$12.8M$11.4M$261.2k36.50%1,5763333
2023Q1$20.8M$13.4M$10.4M$135.6k35.01%1,5673330
2022Q4$21.4M$14.2M$10.2M$333.5k33.40%1,5613324
2022Q3$22.1M$15.0M$9.9M$206.0k31.73%1,5573329
2022Q2$21.9M$14.9M$9.8M$113.5k31.59%1,5593348
2022Q1$22.0M$15.2M$9.2M$21.7k30.89%1,5643359
2021Q4$20.8M$14.0M$9.4M$167.9k32.55%1,5633404
2021Q3$19.9M$13.2M$9.2M$138.8k33.87%1,5683440
2021Q2$19.7M$12.9M$9.1M$85.5k34.08%1,5753457
2021Q1$19.3M$12.6M$9.0M$48.4k34.51%1,5703480
2020Q4$18.5M$11.9M$8.8M$207.4k35.68%1,5703487
2020Q3$18.2M$11.6M$8.7M$128.8k36.25%1,5783493
2020Q2$17.5M$11.0M$8.9M$98.4k37.36%1,5903526
2020Q1$17.2M$10.7M$8.8M$53.1k37.77%1,5813492
2019Q4$17.0M$10.5M$9.0M$262.9k37.98%1,5903495
2019Q3$16.9M$10.5M$8.8M$199.2k37.76%1,5963510
2019Q2$16.8M$10.5M$8.9M$127.4k37.59%1,5973526
2019Q1$17.0M$10.8M$8.8M$57.1k36.69%1,5913522
2018Q4$17.0M$10.8M$8.7M$219.7k36.39%1,5943520
2018Q3$17.0M$10.9M$8.5M$150.5k35.97%1,5953541
2018Q2$17.2M$11.1M$8.2M$97.0k35.30%1,5993560
2018Q1$17.1M$11.1M$8.1M$51.6k35.21%1,5993582
2017Q4$17.1M$11.1M$8.1M$147.9k34.87%1,6023564
2017Q3$17.2M$11.2M$7.8M$128.6k34.56%1,6123591
2017Q2$17.0M$11.1M$7.7M$80.3k34.69%1,6103633
2017Q1$17.3M$11.4M$8.1M$41.2k34.03%1,6253630
2016Q4$17.2M$11.3M$8.3M$140.2k33.91%1,6433625
2016Q3$17.3M$11.4M$8.2M$111.3k33.62%1,7933627

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