# PANHANDLE
Wellington, KS · NCUA charter 12033 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/panhandle-12033

Who the members are: federal charter, community charter, organized 1957, low-income designated. 3,905 members of 6,500 potential (60.1% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 46.

**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 | $63.0M |
| Members | 3,905 (-1.4% YoY) |
| Full-time staff | 18 |
| Net worth | $10.3M |
| Net worth ratio | 16.4% (p79 of band) |
| ROA (annualized) | -0.23% (p9 of band) |
| Total delinquency | 0.35% (p33 of band) |
| Net charge-offs (annualized) | 0.18% (p43 of band) |
| Loans / shares | 62% (p52 of band) |
| Cash / assets | 41.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.15% (p23 of band) |
| Operating expense / assets | 3.89% (p63 of band) |
| Vehicles % of loans | 37% (p39 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.15% (p20 of band) |
| Vehicle NCO | 0.14% (p45 of band) |
| Repossessed % of vehicle book | 0.03% (p78 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 17% |
| Average share balance | $7,327 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 46% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $18,270 |
| Loans granted, annualized | $8.1M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)

## 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 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | net worth falling |  |
| 2018-09 | 1 | delinquency rising | net worth falling |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 0 |  | delinquency rising |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 0 |  |  |
| 2020-06 | 2 | net worth falling, delinquency rising |  |
| 2020-09 | 3 | margin squeeze |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | delinquency 2x band |  |
| 2021-06 | 3 |  | net worth falling |
| 2021-09 | 1 |  | delinquency rising, margin squeeze |
| 2021-12 | 0 |  | delinquency 2x band |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 2 | losing money, assets shrinking |  |
| 2023-03 | 1 |  | losing money |
| 2023-06 | 2 | delinquency 2x band |  |
| 2023-09 | 1 |  | delinquency 2x band |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | assets shrinking |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 0 |  |  |
| 2025-03 | 2 | delinquency rising, assets shrinking |  |
| 2025-06 | 0 |  | delinquency rising, assets shrinking |
| 2025-09 | 0 |  |  |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 | losing money | delinquency rising |

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

- 2022-06-06 [2022 Official Kansas Wheat Festival Medallion Hunt rules (register buttons at Panhandle Federal Credit Union) - Sumner NewsCow](https://news.google.com/rss/articles/CBMi1AFBVV95cUxOVWRocXB5SlpUVjhRS05reXVDQk9EYW9XQWRwVzRwZVI0WDhabGloQWZFemF2ZE92cVhNUlhTY2JqaUcxTVc5b3ZxV0diRVFFTDUtaGprSHJDeUpnbHd3dUNFbWhKMFl1ck1Sc1dzbTBWZ2pGcktuZ3JicW8wdWJITkdsT3M4OURlR1dnc0twSU5xNjlzblcyZm5mM0FnNmttbFUwQkRBcF9EY1lEYXBXbm1VRmhHOEtXOVZSOWNKcHdmS1Uxem0ya1Jydjg4OHNrOEpETw?oc=5) · Sumner NewsCow
- 2026-04-30 [Trevor Martin Rusk Obituary Aug 24, 2024 - Miles Funeral Service](https://news.google.com/rss/articles/CBMiWkFVX3lxTFB3ZnVEWGYxczJXVHZGeXBWaXEyZjBRU3JEcVlKS0dmR00xTWNfbVNRdzltZ2ZlZndZR1hoWkdNNEpOb0lMazB2Y2x1Y1RkRmxKdGt5ZUFfa3NYQQ?oc=5) · Miles Funeral Service
- 2016-08-13 [Carroll Todd Obituary Aug 13, 2016 - Lanman Funeral Home, Inc](https://news.google.com/rss/articles/CBMia0FVX3lxTE1mMzhmT1M5b3B2TjB2Z0ZkZmZsbEVBVzYyOGdpaHV6UTAyUjJtT3NxNTdQUllEaHFycTQ5MWU5eEMzYS1pUXZiRVZyYUQzc0VnUi1vd1hZRTU2QzkycUdXR3U0NU9ibVVDR1hz?oc=5) · Lanman Funeral Home, Inc
- 2018-07-20 [Panhandle Federal Credit Union is named premiere sponsor of the 2019 Kansas Wheat Festival - Sumner NewsCow](https://news.google.com/rss/articles/CBMivgFBVV95cUxQM05RUVExWGI0Ul83VFdXa1RpVVhoRm11bzhCZ0RrbVY1TDNjTGc0VEE0MkVPV3h2VUd6UVN5UGxtSkZIT09MREp1dVJMS092MF9waGVnUmFOSEJsNUNSMGcxU3czODNQdDd0LVd1X29hWTdzc2VSbFphMXo0VzhGMk5IUlV3ZnBGWmoyUHZ2VnBKU09RbnNZOVZEdzZNQldZUzNnMXJqZ1k4UmZvSV9nUWlxTFNqRmN1R1BsS1VB?oc=5) · Sumner NewsCow
- 2023-10-12 [Panhandle Federal Credit Union wins the scarecrow contest - Sumner NewsCow](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNNldfMl9OU3lSekNLbmotNUxJYVZiRS10VnlvQmY5clc0LVpOdE5GZy1EVDhET1JVRWpFNmpydXA0ZjFMVlptWE9IV2J3T1BGZjJOSi02enpMcFBpYlpnNzRtX3RsdTNCUlFqeTZZUTRRblVodXFfc05sZk4xSXdMYzlab2FyQ3Rtdng0?oc=5) · Sumner NewsCow
- 2026-09-08 [Janet Elizabeth Whaley Obituary (1940 - 2026) - Wellington, KS - Wellington Daily News - legacy.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQcEJvME1PTWZPWnc3SzA0TmRmTkd2ZlJwSHJST0xGMmt2OTUtTjFIVEtESVdHUTlQRTZuS0tYbl93MkJQMU1IMnpGVVZRWjBXYXE1QlkxWkcyNWRQZlBfRkhwbXBPOVF2eGd0eXgtbHZzdjM4TWVmenBITWZyTkxVcTVORTd0S21CbXdVTV9udi1TRkgwTlJoQkZPTDFEeDlCOHRDajlQZmE?oc=5) · legacy.com
- 2015-08-20 [Panhandle Federal Credit Union announces promotion of Kim Hearlson to Vice President of Lending - Sumner NewsCow](https://news.google.com/rss/articles/CBMixAFBVV95cUxPeUpwWWt5RWVwM0RSOVdrTXNCRHZFWC1hbTBjSUZYU3RvbGxqZ1N1STVUVWw3MVJpcGNCYlNDWGp1X21wUUFZaWtHNm9XM05CblR1UE1uWmJVUjBnNFltaFRNUVZLcnZnYWZ6ODJqX00xUExXSElxemFnSHBOVndTdjBldmNWblNoNUJnRVZrcEJKazNNVF9rU0Q4aVU2RFd6QUttN21uLTkxZVhBR3JROVkzNk9jS3ctTEp0TG1xRlVLVmRG?oc=5) · Sumner NewsCow
- 2023-06-16 [Kansas Wheat Festival Medallion Hunt begins on July 3 – here are the rules - Sumner NewsCow](https://news.google.com/rss/articles/CBMipgFBVV95cUxPNUFWQkN4TWRPQm1nTVZJSGdHR0RVSkVJLTNxVlNfTm9Pd1YwQUpRRFp0UVNqYXJjUUs1V19nVmlMN1hlZmU3cnl3RzZsbkJTSGJMV044N0J2Si1jWnJmaF9Td0JvcWNYVXJCOVpXQXBRYzVOaTR6RkZIRUpnVExaZnhiQ05TWVkyUTgtV2VTWFNTaVZSejFxNjdCcFl5ZEYtck1VUURn?oc=5) · Sumner NewsCow

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12033 (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/1.json (key "12033", 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=12033
- 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