50 institutions reported loan-loss reserve coverage below 0.0% in Q4 2025, indicating minimal reserves against delinquent loans. FORMATION in LA, TRUITY in OK, and TRANSPORTATION in VA led this group with the lowest coverage ratios.

Under-Reserved Lenders

Sorted by Allowance Coverage ↑

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Rank	Institution	Source	State	Allowance Coverage	QoQ
1	FORMATION	CU	LA	0.0%	0.0
2	TRUITY	CU	OK	0.0%	0.0
3	TRANSPORTATION	CU	VA	0.0%	0.0
4	ANECA	CU	LA	0.0%	0.0
5	TRUENERGY	CU	VA	0.0%	0.0
6	CHARTER OAK	CU	CT	0.0%	0.0
7	FAIRMONT	CU	WV	0.0%	0.0
8	GHS	CU	NY	0.0%	0.0
9	GREYLOCK	CU	MA	0.0%	0.0
10	DESERET FIRST	CU	UT	0.0%	0.0
40 more institutions match this list. Unlock metric values for every row, column sort, archives, and CSV export with Mastermind. Unlock with Mastermind

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Rank	Institution	Source	State	Allowance Coverage	QoQ	Trend
11	FIRST HARVEST	CU	NJ	████	████	████
12	WESTERN VISTA	CU	WY	████	████	████
13	GENERATIONS COMMUNITY	CU	TX	████	████	████
14	ACCENTRA	CU	MN	████	████	████
15	GULF COAST	CU	TX	████	████	████
16	SEABOARD	CU	ME	████	████	████
17	HIGHMARK	CU	SD	████	████	████
18	CINCINNATI OHIO POLICE	CU	OH	████	████	████
19	TRAILHEAD	CU	OR	████	████	████
20	NORTH STAR COMMUNITY	CU	ND	████	████	████
21	TOGETHER	CU	MO	████	████	████
22	ARIZONA CENTRAL	CU	AZ	████	████	████
23	WHITE EAGLE	CU	KS	████	████	████
24	VALLEYSTAR	CU	VA	████	████	████
25	CO-OP	CU	WI	████	████	████
26	NEBO	CU	UT	████	████	████
27	KINGS PEAK	CU	UT	████	████	████
28	FIRST COMMUNITY CU OF BELOIT	CU	WI	████	████	████
29	JEANNE D'ARC	CU	MA	████	████	████
30	TEXAS BAY	CU	TX	████	████	████
31	THE NEW ORLEANS FIREMEN'S	CU	LA	████	████	████
32	GULF COAST COMMUNITY	CU	MS	████	████	████
33	INDUSTRIAL	CU	IN	████	████	████
34	ALLEGACY	CU	NC	████	████	████
35	SAN FRANCISCO	CU	CA	████	████	████
36	FARMERS INSURANCE	CU	CA	████	████	████
37	DEMOCRACY	CU	VA	████	████	████
38	LIBERTY	CU	IN	████	████	████
39	HAWAII STATE	CU	HI	████	████	████
40	LOKAHI	CU	HI	████	████	████
41	MON VALLEY COMMUNITY	CU	PA	████	████	████
42	BUFFALO METROPOLITAN	CU	NY	████	████	████
43	SUNWEST	CU	AZ	████	████	████
44	MASS. INSTITUTE OF TECH.	CU	MA	████	████	████
45	NW PREFERRED	CU	OR	████	████	████
46	ATLANTIC REGIONAL	CU	ME	████	████	████
47	ACFCU	CU	TX	████	████	████
48	FREMONT	CU	OH	████	████	████
49	SPECTRA	CU	VA	████	████	████
50	FORT FINANCIAL	CU	IN	████	████	████

Methodology

Allowance coverage of nonperforming loans is an institution's loss allowance (Allowance for Credit Losses / ALLL) divided by its nonperforming-loan balance. Coverage below 100% means the existing reserve cannot fully absorb the problem loans already identified — further deterioration flows straight through earnings and capital. This card ranks banks and credit unions together, lowest coverage first, and surfaces the top 50 whose coverage is at or below 50% (0.5) and whose nonperforming loans total at least $1,000,000 — a floor that filters out small portfolios where tiny denominators produce noisy ratios. For banks (FDIC-insured): allowance — FFIEC Call Report Schedule RC-R Part II item 6, Allowance for credit losses (RCFD3123 / RCON3123); nonperforming volume — Schedule RC-N line 9, 90+ days past due col B (RCFD1407 / RCON1407) plus nonaccrual col C (RCFD1403 / RCON1403). For credit unions: allowance for credit losses on loans and leases — NCUA ACCT_AS0048 (CECL), or ACCT_719 for credit unions not on CECL; 60+ days delinquent — NCUA ACCT_041B. Comparing banks with credit unions: bank "non-current" loans (90+ days past due or nonaccrual) and credit-union "60+ days delinquent" loans are the closest measures the two filings share, not exact equivalents. Methodology updated 2026-03-31: the bank nonperforming-loan figure now comes directly from FFIEC Call Report Schedule RC-N. Earlier quarters used an approximation derived from BankFind ratios. Read the methodology update note at /blog/npl-explorer-fdic-cdr-direct-sourcing. Methodology updated 2026-09-27: credit-union allowances now come from the CECL account (ACCT_AS0048). Earlier snapshots read only ACCT_719, which CECL adopters report as zero, so they showed near-zero coverage for most credit unions. Methodology updated 2026-09-28: institutions that report no allowance are excluded. These are mostly U.S. branches of foreign banks, which hold loss reserves at the parent bank rather than in the branch. Banks holding large volumes of government-guaranteed mortgages (such as loans repurchased from Ginnie Mae pools) can rank low here because guaranteed loans need little allowance.

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