# HIGH PEAKS
Dillon, MT · NCUA charter 14668 · asset band $50-100M · latest filing 2025-03 · stopped filing after 2025-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/high-peaks-14668

Who the members are: federal charter, community charter, organized 1961, low-income designated. 3,879 members of 26,000 potential (14.9% of the field); checking penetration 50% (share draft accounts per 100 members); loans per 100 members 70.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $51.2M |
| Members | 3,879 (3.8% YoY) |
| Full-time staff | 10 |
| Net worth | $1.1M |
| Net worth ratio | 2.2% (p0 of band) |
| ROA (annualized) | -15.32% (p0 of band) |
| Total delinquency | 3.62% (p99 of band) |
| Net charge-offs (annualized) | 1.28% (p92 of band) |
| Loans / shares | 61% (p47 of band) |
| Cash / assets | 31.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.69% (p57 of band) |
| Operating expense / assets | 11.75% (p100 of band) |
| Vehicles % of loans | 34% (p32 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 41% (p71 of band) |
| Vehicle delinquency | 5.21% (p99 of band) |
| Vehicle NCO | 0.54% (p68 of band) |
| Repossessed % of vehicle book | 0.00% (p39 of band) |
| Real estate % of loans | 52% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 34% |
| Core shares % of member funds | 67% |
| Certificates % of member funds | 32% |
| Average share balance | $7,603 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 70% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $11,337 |
| Loans granted, annualized | $6.1M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 2 | repo signal |  |
| 2016-09 | 4 | net worth falling, losing money |  |
| 2016-12 | 4 | delinquency 2x band | repo signal |
| 2017-03 | 1 |  | net worth falling, losing money, delinquency 2x band |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 4 |  |  |
| 2018-12 | 2 |  | delinquency rising, net worth falling |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | delinquency 2x band |
| 2019-09 | 1 |  |  |
| 2019-12 | 2 | net worth falling |  |
| 2020-03 | 3 | margin squeeze |  |
| 2020-06 | 2 |  | margin squeeze |
| 2020-09 | 5 | capital below 7%, margin squeeze |  |
| 2020-12 | 4 |  | margin squeeze |
| 2021-03 | 4 |  |  |
| 2021-06 | 4 | delinquency 2x band | net worth falling |
| 2021-09 | 5 | delinquency rising |  |
| 2021-12 | 5 |  |  |
| 2022-03 | 6 | 3rd-party paper>100% NW |  |
| 2022-06 | 5 |  | 3rd-party paper>100% NW |
| 2022-09 | 4 |  | delinquency rising |
| 2022-12 | 3 | delinquency rising | capital below 7% |
| 2023-03 | 3 |  |  |
| 2023-06 | 4 | 3rd-party paper>100% NW |  |
| 2023-09 | 3 | net worth falling | delinquency rising, 3rd-party paper>100% NW |
| 2023-12 | 1 |  | delinquency 2x band, net worth falling |
| 2024-03 | 3 | margin squeeze, delinquency 2x band |  |
| 2024-06 | 3 | net worth falling | margin squeeze |
| 2024-09 | 6 | capital below 7%, margin squeeze |  |
| 2024-12 | 8 | delinquency rising, charge-offs p90 |  |
| 2025-03 | 9 | losing money, expense trap | margin squeeze |

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

- 2025-08-13 [NCUA Approves 45 Credit Union Mergers During 2025’s Second Quarter - CUTimes](https://news.google.com/rss/articles/CBMiowFBVV95cUxQQkU1Wk5iWXZYbVlIaVFEbVc2VkFZQkEwaE0yWmZZODNNVjg4WFdyeDk0VnJPbkEzLXljSDNydkJDM2d4R1h2aU5oeUJmQmE4TENlcWY5TEtZWnlZWjdYcmdMQ01RNlBkV01pdl8wb2FDaW5NYVBXWDY4OTVVYmp1SVFfQ0JHMWtFVmRoUEhjeHl5c3NTTDQtTVhReGo2Y0NuZkFn?oc=5) · CUTimes
- 2024-01-31 [Bear-proof storage boxes installed at Mount Mitchell to protect campers and wildlife - WLOS](https://news.google.com/rss/articles/CBMi9gFBVV95cUxOcXlMdXpqazlVak45ZlFGanAzaTFwdnExd3MxY3A3MUlnSXdlRlpCd1RoS2J0WngxOXRfcDZ1ZTUzdl8wdGpXbzZ6LU1lRTN5THdNMHllUkVyNXBrU0VQaUNPQkQzcDZnS09Zd2dRT2NNek9vVElBQW5jWHJWRjZtNGhEdXIxc2hNY29qZWNfRjlqcHFzTU9yMlhud2hwN3BFa25iMlMyZGljbjBieDRaWUJvd18yRVZSZVF0aDlnLTdlcVMyaS1pd1Z1MlkzNzByWWx1WTNiZ0hBel9mdUdLZ2kwRmk1a3drMWNsc084aWZOMzJhWmc?oc=5) · WLOS
- 2022-07-20 [King Lear on the Main Street Green - The Whitehall Ledger](https://news.google.com/rss/articles/CBMinwFBVV95cUxNQ1R0X1BmQnhJVFItYkI5cndRV1psRG9fQ1BuNFo3eTVaaVYyWkMyLXJBaHZHU3VpNy1PYldXT2xWR3Bzek51YWFTSFRpWG1ET2J6OURDdWR5cFlXQ1BQakMwa05CaFhiV09XZlFrZzZuZERGdVZ2bDJuQ2p4cDd3R1VBMUhwc0kzVjl1NmRuUER4eHZuZHZNcko5ajJrUE0?oc=5) · The Whitehall Ledger
- 2007-06-10 [Roxanne Howser Obituary (2007) - Willow Creek, MT - The Montana Standard - legacy.com](https://news.google.com/rss/articles/CBMikgFBVV95cUxNUmRTRzFyXzBzelVlbm9KZ25lZEt3OU9yTzNBSXgyNlcybGFnSHZwdXZJM3YtUXZFVE5KbzUzU2huX1FnN1pFeEpSZWN5eTZhMVMxMXVoVDQtaFZPS1Rra3RNOTNEcTlMS2IwOGN4VWs5WHpwd3lhcUhreDZzVUtiaktXOGUwTWVrV0ppQmxIdGlSQQ?oc=5) · legacy.com
- 2007-06-15 [Obituary for NICHOLAS HOWSER - belgrade-news.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxNTDFRN3lpLV9rcFZZS0s1a19LdDZXSEZUVmhWMUQyX21YT1UtYkxHT0wyN2g2MmRqNWJFU1lPWDBGOERLcEpoLUhqQy1fY1FaamdYbmpJWElldVlXTFpfWGNaRE5TLXliTUNRUVJkaE80WGx1YndpOEZxTm1QeE9ZanY3SWtORHVGdlB0eEJWWHkxYjJ4ZGdPZkdIcTYyMWpiWUs3MjRwVlpuOS1DUjhsZ2o0a3E?oc=5) · belgrade-news.com
- 2022-02-09 [Jason Edsall, 37 - The Whitehall Ledger](https://news.google.com/rss/articles/CBMijgFBVV95cUxQdk9EM3BKMzhwNDlaT3dMYm4tSTFsR2VRVmFuWDBIQWZ4c2g0aHgtM21wM3V6VGlQUVlyaGhWWlZrY1JqLXB3eUkxSkVtcmtzLU13TTljTnNfX25CTDRydHp0US0tUll1MXk5bHhyYXI5dnc4d1dIS1p5V1piYkZHUTYwUEdpTUVHeTgycTBn?oc=5) · The Whitehall Ledger
- 2006-05-11 [Aubree Walker Obituary (2006) - Whitehall, MT - The Montana Standard - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxPUEZQbS1YOVBGYnBjMHYyNnVBcUllczZsV0FXNTJkbFlxaHAxd05PcXhjZGN3SUNkNlRhWkliUDdBMWNoUjdQNGZScV9YcmpFaGJUQjF5V216d01feEpiUmc2NEp3cldwa1JlQTNDSHNVSG9DNWdSNF9kSDZpVjlIMHRzVHlFcG51SjFMTmNKOUk?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=14668 (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/12.json (key "14668", 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=14668
- 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