# HEREFORD TEXAS
Hereford, TX · NCUA charter 1401 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hereford-texas-1401

Who the members are: federal charter, community charter, organized 1936, low-income designated. 8,279 members of 25,921 potential (31.9% of the field); checking penetration 44% (share draft accounts per 100 members); loans per 100 members 49.

**Verdict on the desk:** this could be *auto monoline*. 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 | $76.6M |
| Members | 8,279 (0.8% YoY) |
| Full-time staff | 22 |
| Net worth | $16.4M |
| Net worth ratio | 21.5% (p93 of band) |
| ROA (annualized) | 0.80% (p57 of band) |
| Total delinquency | 0.68% (p54 of band) |
| Net charge-offs (annualized) | 0.09% (p32 of band) |
| Loans / shares | 71% (p70 of band) |
| Cash / assets | 37.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.05% (p71 of band) |
| Operating expense / assets | 4.50% (p79 of band) |
| Vehicles % of loans | 81% (p98 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 1% (p55 of band) |
| Vehicle delinquency | 0.66% (p55 of band) |
| Vehicle NCO | 0.35% (p57 of band) |
| Repossessed % of vehicle book | 0.11% (p85 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 17% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 30% |
| Average share balance | $4,954 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $161,530 |
| Loans outstanding per 100 members | 49% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $10,356 |
| Loans granted, annualized | $28.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $161,530 outstanding purchased (1.0% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 4.7% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 2 | loans>95% of shares |  |
| 2016-09 | 2 |  |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | loans>95% of shares |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 2 | repo signal |  |
| 2018-03 | 1 |  | repo signal |
| 2018-06 | 2 | members leaving |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 1 |  | members leaving |
| 2019-03 | 2 | assets shrinking |  |
| 2019-06 | 2 | net worth falling | assets shrinking |
| 2019-09 | 2 | delinquency 2x band | net worth falling |
| 2019-12 | 1 |  | delinquency 2x band |
| 2020-03 | 2 | delinquency 2x band |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 | margin squeeze | delinquency 2x band |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 3 | delinquency 2x band | net worth falling |
| 2021-09 | 3 |  |  |
| 2021-12 | 2 |  | delinquency 2x band |
| 2022-03 | 3 | delinquency 2x band, delinquency rising | margin squeeze |
| 2022-06 | 2 |  | delinquency rising |
| 2022-09 | 2 |  |  |
| 2022-12 | 1 |  | delinquency 2x band |
| 2023-03 | 2 | delinquency 2x band |  |
| 2023-06 | 3 | assets shrinking |  |
| 2023-09 | 5 | delinquency rising, loans>95% of shares |  |
| 2023-12 | 4 |  | assets shrinking |
| 2024-03 | 1 |  | delinquency 2x band, delinquency rising, loans>95% of shares |
| 2024-06 | 3 | delinquency 2x band, repo signal |  |
| 2024-09 | 2 |  | delinquency 2x band |
| 2024-12 | 3 | net worth falling, loan book shrinking | repo signal |
| 2025-03 | 3 |  |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 1 |  | loan book shrinking |
| 2026-03 | 2 | net worth falling |  |

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

- 2025-08-01 [Hereford dealership donates car to I.S.D. for attendance incentives - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.com/rss/articles/CBMioAFBVV95cUxORzNVV0lDSUtmSWtYTWV1TGExaTRKOFVkYWRFRGhvVnA1cmJDcU52ejljNEZIeUdsSzV2V3JLZE9YS28zYWdrQWFnZWd3SUdkdTRpR2lBQTBoUkFIMXNjNmh5eXo4TlIzTWxWNWhoV1l4MVhMQjBObUNFWXJDLVdfLW9qWV9KRGtfUUNlaU1EcTBObmN4MGoxWVd1SGV4eUNv0gG0AUFVX3lxTFBHZEhING5VdnBGNDkyMkxZMjV2Ti1nVExfYnlEVXR5Ui1kQWFNS1dwMnU5d0FldWszRFpubXliVU9wTjh2RjcwMXZseFl3VmZFWmw4Zmt0eExHaHhRNlpGQUo5RkZHeXlZSklVaV9tc20tVjVNU0hCb2VxZ3h0cmVqMU1uMlhGRk44UzlITGtCcXBtcWRxRkwxRnN3WjB6WGxwVDlXUmZMYkZ4Y0VNWjBld2xVbw?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2022-08-22 [Dan E. Warrick Obituary Aug 22, 2022 - Brooks Funeral Directors of Canyon](https://news.google.com/rss/articles/CBMiYkFVX3lxTE1qQ3o2UG1aZkdwb0lEOGxLTkp0Zm55OHhqeE1QdS1ZNEFHZEtRblBkTXpLN2JHSXpHWnB0NVlXX1Y5LTBTbnRxQ1c0d29HQzY2TFU4UUl0VVQyZVkyVmNBS2V3?oc=5) · Brooks Funeral Directors of Canyon
- 2024-11-20 [Juan 'Johnny' Rincon Obituary | Hereford Heritage Funeral Home | Hereford, TX - Tribute Archive](https://news.google.com/rss/articles/CBMiekFVX3lxTE5hc00tcHB6Yk9NREZDVEVWTlBlUWNGSE1pN29ZdU40UkVNNXNJb09XMHl5cGdPYzVUX04zRGRDejJXY29TdDlxVTd2MktHWGxCTWZNUG1fVUVnRHZPZWhKaHVwWU1sTnEyTFZobFlUWG04RDlfX3BVSXVR?oc=5) · Tribute Archive
- 2019-08-13 [Area credit unions working to make miracles happen for children in the hospital - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.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?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas
- 2020-08-17 [Samuel Kirk Obituary (1942 - 2020) - Hereford, Tx, TX - Amarillo Globe-News - legacy.com](https://news.google.com/rss/articles/CBMiiwFBVV95cUxOWEV4QzJqWG9NcFRNdFZFdTVGTWNvdmVwRVBJNDB2WHNDUk04RHR0SmNGRl9yZkZjbnpoZ3B1c2I2THowZGEwVGp0eDNJbnJfa1RDRHJmbWM3QWJoSnVXa05EcjVSLXkwSG1aZXJwdDZoRU1QVXd0S0ZiVFZmUWlIZFhzZGRaOHh3bENJ?oc=5) · legacy.com
- 2020-04-28 [Amarillo area credit unions pledge $11,000 donation to Snack Pak 4 Kids - KFDA | NewsChannel 10 | Amarillo Texas](https://news.google.com/rss/articles/CBMiogFBVV95cUxNTm4xQXIxR2R1dlc0aGlwanJlRW1HeFhlTmhuRE5xbWN0bmJjOVlUNXFMTVpZaFA4UFBHX1RLY013Mm1vM0NEdURET2pqZWdkTHpHUkgtRUJKdzN2c2Q1UzZtS0NzNnRFSklfX0xuaDduTmNVbTFSeGo0dnpVTktaZjhqWndMc2hFSHVvSFlCQ25laXkzVkF4X2NXWDFOSTM3M0HSAbYBQVVfeXFMTkhLVWhOQUlUTEppRzZhZmQxbmtmLU1fS3JTaFRQdDZUMFZ3X2U4SmhvSG5Wc21XQmhSeEduMG9uY2Q1alcxdXM2QjN5a2xheG9HdTZGNnd1azQ5Y1hwQzZlUDRiWnVxU2k1S2g0dlB4SXdhY0s0Vm1qNHRwNElYaHRCZjhzd0x0Q25KVWVFbDBibFNYbmc2VVNZcm5yamlUSEdZR3gzZzEta3Byc2xaWlY5eGNBY1E?oc=5) · KFDA | NewsChannel 10 | Amarillo Texas

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1401 (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/57.json (key "1401", 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=1401
- 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