# DAKOTA PLAINS
Lemmon, SD · NCUA charter 11526 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/dakota-plains-11526

Who the members are: federal charter, community charter, organized 1957, low-income designated. 4,900 members of 99,000 potential (5.0% of the field); checking penetration 55% (share draft accounts per 100 members); loans per 100 members 61.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $86.2M |
| Members | 4,900 (3.1% YoY) |
| Full-time staff | 20 |
| Net worth | $7.4M |
| Net worth ratio | 8.6% (p7 of band) |
| ROA (annualized) | 0.80% (p57 of band) |
| Total delinquency | 0.30% (p29 of band) |
| Net charge-offs (annualized) | 0.02% (p21 of band) |
| Loans / shares | 68% (p62 of band) |
| Cash / assets | 32.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.26% (p82 of band) |
| Operating expense / assets | 3.95% (p64 of band) |
| Vehicles % of loans | 48% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 43% |
| Third-party paper % of net worth | 145% (p90 of band) |
| Vehicle delinquency | 0.60% (p52 of band) |
| Vehicle NCO | 0.00% (p17 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 14% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 164% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 28% |
| Average share balance | $8,427 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.6M |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $17,661 |
| Loans granted, annualized | $25.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.6M outstanding purchased (21.9% of net worth), $248,132 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares 12.1% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 2 | loans>95% of shares, leaning on borrowings | thin capital |
| 2016-09 | 3 | thin capital |  |
| 2016-12 | 0 |  | loans>95% of shares, leaning on borrowings, thin capital |
| 2017-03 | 2 | thin capital, losing money |  |
| 2017-06 | 4 | net worth falling, loans>95% of shares, leaning on borrowings | losing money |
| 2017-09 | 3 |  | net worth falling |
| 2017-12 | 2 | delinquency rising | loans>95% of shares, leaning on borrowings |
| 2018-03 | 6 | net worth falling, losing money, delinquency 2x band, 3rd-party paper>100% NW |  |
| 2018-06 | 4 | loans>95% of shares | net worth falling, losing money, delinquency 2x band |
| 2018-09 | 5 | leaning on borrowings |  |
| 2018-12 | 4 | assets shrinking | delinquency rising, leaning on borrowings |
| 2019-03 | 5 | losing money |  |
| 2019-06 | 8 | net worth falling, delinquency 2x band, delinquency rising, leaning on borrowings | assets shrinking |
| 2019-09 | 8 | assets shrinking | net worth falling |
| 2019-12 | 4 |  | thin capital, loans>95% of shares, delinquency 2x band, leaning on borrowings |
| 2020-03 | 2 |  | delinquency rising, assets shrinking |
| 2020-06 | 4 | thin capital, net worth falling |  |
| 2020-09 | 5 | margin squeeze |  |
| 2020-12 | 8 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2021-03 | 5 | repo signal | losing money, net worth falling, delinquency 2x band, loan book shrinking |
| 2021-06 | 4 | delinquency 2x band | margin squeeze, repo signal |
| 2021-09 | 4 |  |  |
| 2021-12 | 3 |  | delinquency rising |
| 2022-03 | 2 | charge-offs p90 | 3rd-party paper>100% NW, delinquency 2x band |
| 2022-06 | 1 |  | charge-offs p90 |
| 2022-09 | 2 | delinquency 2x band |  |
| 2022-12 | 3 | 3rd-party paper>100% NW |  |
| 2023-03 | 5 | delinquency rising, assets shrinking |  |
| 2023-06 | 5 | leaning on borrowings | assets shrinking |
| 2023-09 | 4 | assets shrinking | delinquency rising, leaning on borrowings |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 | net worth falling, margin squeeze | delinquency 2x band, assets shrinking |
| 2024-06 | 2 |  | net worth falling, margin squeeze |
| 2024-09 | 2 |  |  |
| 2024-12 | 2 |  |  |
| 2025-03 | 2 |  |  |
| 2025-06 | 1 |  | thin capital |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | thin capital |  |
| 2026-03 | 2 |  |  |

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

- 2019-05-06 [Two Dakota CU professionals inducted into Hall of Fame - CUInsight](https://news.google.com/rss/articles/CBMimwFBVV95cUxOODVXeVVTWnVMWkx4LUtHN3FQclF0REFJVGczZm1LQ1NqcXRQN1hEbTYyRktlX1lOeHZ3VjFtZGNmSUNGREMtS1REd3prOWZRbDFhY3V5T3NWMnFHNlBBWUY2UFh1QTFoenpnT2tZeWlEcGJhR1lXR0lBZDNjN0EzbmtRNmR0VE1FYW5lRVM1cjhuZ2Vld3p5UVY3dw?oc=5) · CUInsight
- 2026-05-07 [Cathryn "Cay" Durheim Obituary May 7, 2026 - Schriver's Memorial Mortuary & Crematory](https://news.google.com/rss/articles/CBMibEFVX3lxTE5nN2diM2Vvc3J3SDNzMG92bHVKV3hsUGxWQ2E1c1dxRXpheFdpNzY3UnBPNUpSRlZYVHlRdUVES1J3TFA0bzB0cm5vYy1hYVJBUC1XU2VWUUpEZG1GOW8xak9QU0RMSnd2aHZOSw?oc=5) · Schriver's Memorial Mortuary & Crematory
- 2024-12-26 [R-CALF USA Meetings to be held in North Dakota and South Dakota - Tri-State Livestock News](https://news.google.com/rss/articles/CBMilAFBVV95cUxNTmcxWE12SmNQYU0td2Z1UG9nWWY3aHZ3Qlk2Rk9OMGUtUkFfV0hWZm05TmhvLVZwZ0tJV29fTnd4OEtWU0x3TF92LW0tSkFRajFyNE03aXFvV1VmSy1hMEY5Q2VqSTVJZWxYendtc0twNGZjVGxpN1hIaGxReUhxdk1HMy1TcFExSkdtOHotQXpKbFVF?oc=5) · Tri-State Livestock News
- 2012-10-19 [Relief fund set up for North Dakota town hit by wildfire - InForum](https://news.google.com/rss/articles/CBMikAFBVV95cUxNQjFSajhzbU9lZ0hpRVdXTnQ5Y0lVZXRsVVdyZmVuMjVWanlLNU1nY1hqbEpwMEVkdDN4UG9HZjRxSmZic05FUkRDdUFQUVpZd1JuVWlnazROaTMyTVBxOVdIeDRQX3hkSG9aZXJGM01tOFdsUzBuZ2R0UFpnNk12cnZSNHFXWmdTZ3l4c3dINEM?oc=5) · InForum
- 2016-08-04 [Mary Lee Hathaway Obituary Aug 4, 2016 - Kinkade Funeral Chapel](https://news.google.com/rss/articles/CBMiZ0FVX3lxTE42elY4YlNBQWxHS00tMlpkc3lnLUpBNE8wb2xlV09PRVBxa1c4eEZ5dzRFRnBza2VwN3pOeU5TOTR1OG1rRTF4T0N6ZHFJdzFTMm1kUFJsZ1d4czhJMElua3NlMEZEMmM?oc=5) · Kinkade Funeral Chapel
- 2014-09-16 [On the Move - Argus Leader](https://news.google.com/rss/articles/CBMikgFBVV95cUxOcklaU1NqTk1aRTA1TEh0YjF3eWhFRDNDeVllcWQ4ZVc1ZDB3RXlPNzhwSzFTTERmMmx3dTdiN0tQbmRha0lURlY4MUgwSGJ4aHVzN3E1YnJ5RnJXMThfbFNwdmJXVFM2Q2hwUGUyQWlVT3ZBcTF0ZEZuQkVQcE9fUmlaUXdIMmI2ZVVYOHBTclJjUQ?oc=5) · Argus Leader
- 2015-07-25 [Timothy Jon Farstad Obituary Jul 25, 2015 - Kinkade Funeral Chapel](https://news.google.com/rss/articles/CBMiakFVX3lxTE9HOVRPSmdaSVhWUnlJcW5TTXdHSGJqQjRVajRQb3d1WlNJTGhza0RXaDBZdjluTE1maDBGVkhDM1c2bG90QlJrUTc0N1BzTTBDeHp6UTZhM1Q2VGRmb2xBT1lJOUw3UW5SWWc?oc=5) · Kinkade Funeral Chapel
- 2006-09-21 [Neal Bauer - legacy.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQOXdSZnRWYkg4Z0YtaHFfWjVHbnFmeWRrRzJvTHI5bTI3cVFobHhEc2lFejJYMjRoSzFNaVRBY2xPZWUzZkZrSDZMZ2piSkY1QmVxNHZNQ0dBMW1mbDNDWXRobnhCeGR1eFNGb3ZXT2tXQ3VabVI4aGJwSjN6ajNYUjdRclhHblhwbXVGdw?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=11526 (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/6.json (key "11526", 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=11526
- 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