# EXPLORERS
YANKTON, SD · NCUA charter 14874 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/explorers-14874

Who the members are: federal charter, community charter, organized 1962. 9,040 members of 500,000 potential (1.8% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 55.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $112.6M |
| Members | 9,040 (0.9% YoY) |
| Full-time staff | 29 |
| Net worth | $10.6M |
| Net worth ratio | 9.4% (p20 of band) |
| ROA (annualized) | 0.44% (p33 of band) |
| Total delinquency | 0.49% (p41 of band) |
| Net charge-offs (annualized) | -0.07% (p2 of band) |
| Loans / shares | 66% (p43 of band) |
| Cash / assets | 29.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.84% (p60 of band) |
| Operating expense / assets | 4.81% (p84 of band) |
| Vehicles % of loans | 41% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 1% |
| Third-party paper % of net worth | 2% (p37 of band) |
| Vehicle delinquency | 0.86% (p65 of band) |
| Vehicle NCO | 0.03% (p17 of band) |
| Repossessed % of vehicle book | 0.03% (p69 of band) |
| Real estate % of loans | 48% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 89% |
| Certificates % of member funds | 7% |
| Average share balance | $5,060 |
| Participations bought / yr | $0 |
| Participations sold / yr | $582,304 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 55% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $13,413 |
| Loans granted, annualized | $29.8M |

## Participation posture (from the same filings)

Bought $0 and sold $582,304 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $239,453 sold and retained. Sold in 8 and bought in 0 of the last 8 quarters. Shares 3.4% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 1 |  | net worth falling |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | delinquency rising |  |
| 2019-09 | 1 |  | delinquency rising |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, delinquency rising |  |
| 2020-06 | 2 |  | delinquency rising |
| 2020-09 | 3 | delinquency rising |  |
| 2020-12 | 2 |  | delinquency rising |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 1 |  | net worth falling, margin squeeze |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 2 | net worth falling |  |
| 2022-06 | 1 |  | net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 1 |  | delinquency rising |
| 2023-06 | 2 | delinquency rising |  |
| 2023-09 | 3 | assets shrinking |  |
| 2023-12 | 1 |  | delinquency rising, assets shrinking |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 0 |  | thin capital |
| 2024-12 | 1 | delinquency rising |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 0 |  | delinquency rising |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2020-08-26 [South Dakota-based credit union rebrands after FOM expansion - American Banker](https://news.google.com/rss/articles/CBMirgFBVV95cUxQZzJLRU1CSHMtQnNBSkJvcGs2Mm9BX2VVNW9NbXAxY0RjQ3Y3X1NRbVVzRVJkMjZxd3lLQ19Ya3FQcTBVWGVzbWkyQlE2V3p0bXR1TGtIMTIwd3VSODJZbUxlcTVDWlNRSGlCeTZjb3J5NWc5M05YUXIycEJFUEU0S0w3V05GSENIMVdUOGpJLWFyb0dRSXViR29nYm9Rd2IxcU81NkNoQ0JFcVlRUkE?oc=5) · American Banker
- 2025-07-21 [Sally Ann Westergaard Obituary Jul 21, 2025 - Hansen Funeral Home](https://news.google.com/rss/articles/CBMib0FVX3lxTE9jT3ZUaUttTGt5T2lyNUhIeFZvWVdnWXNHVzd4Y1RVT3pKTXNLR3Uwby1TUzFGQnNCOTVJMGpXc3lWcU5kV0NCOWgtNDZ1Mm9uUE9FLS1OakRGOTFLRGRXSkkxRExOUzRxLTBCbXotcw?oc=5) · Hansen Funeral Home
- 2024-12-24 [Columbus Wins 51st Annual City of Palms Classic Title - Sports Illustrated](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQdUtad0c0TE9CMlFzU1hEX25TUjgyZThLZFFmUTZxbHdBYU4yTzE4Q0hpSXp1UC1rbUhWWU1xN2JIR2FlZUNjdVhlMzJlLXJiamEzQ0c0dE5xRmFONVZJZVo0OGxLV3lKalcyQnRFOFJMX2xpZFFpa2lfNUZLWVNOc3IyRHBiUnJtQ3Z3X0lkNzZnSVVCaExMQ0xJWE9qRHo0WEZmNE1XZ2g?oc=5) · Sports Illustrated
- 2024-10-15 [Ken Remington Obituary Oct 15, 2024 - Opsahl-Kostel Funeral Home & Crematory Inc.](https://news.google.com/rss/articles/CBMiX0FVX3lxTE9mRVBkb1lybVpTTi1zdWN2dHRPazRyV1BfOUloNWU5R3VjQUlDaEdlUHFFa3FCUGYwTkpyNWRDbHNiRFlORnpoOXVwRkRmcE45QWlDcnVPclJsWEVMVm04?oc=5) · Opsahl-Kostel Funeral Home & Crematory Inc.
- 2024-08-13 [Coming Full Circle - yankton.net](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPaEZQVVpCSlRUM3hSV0pyT2IxZ28xMVc2aU5pallLWlBaZFdqS2dvTUp3NV8yNG00NDcyZkJ0VDg1UkNrUDZBVTcxYkRLUU92M2o0a2pJRnA3STJ0Z1FNbVQ0SjlKRUZNSHVMc2VSQ3RhWXUxWkYwSXNiLVdVZ2E5V3U3N29GMENFWjZV?oc=5) · yankton.net
- 2025-05-09 [Young SWFL artists honored for creative license plate designs - The News-Press](https://news.google.com/rss/articles/CBMi8wFBVV95cUxQQ1FrZ1VqMDlrbkF6SVVhM0JzbWtlcUliQUhLRTU4VktXSTJmOGpGSzUwUVVOV0dLbThXenpkZDhUZ19NSjN1SEJGSkZkUlpFaERzLU1ReXZFV1F6LWxyVGJWdmpXVDdRWHVfNTFLVXlXN1VPTWlSUE53WWxNNC1vSFhMMnRURU1lamFuX0xyTmp5dnhHdlZQb0Q2aFVxLVFkVDhmSy1oTF8tdENlZ0RLVlVzUE9fVk1RVGN5RFlkYjYtRGo5V05rY2FpWkt6V1ZPZDU1ZzQ3UnlxSkhfSEx1ZjhxVWt5ZGNSbEF6YzBkdmJCcjQ?oc=5) · The News-Press
- 2025-03-09 [Columbus boys basketball wins fourth consecutive state title - Sports Illustrated](https://news.google.com/rss/articles/CBMisgFBVV95cUxOTzRTR1Q0S2dGNDctQTBHbmVOOHNVa3dBUm5KLXpqaVUtOXVTVGtuSEpSSVo4NEdWbmtVTXBwaWhMZVdyWEo0YUxIeExvU2VFVm1qR2ZIR1RaaHJwWmVQYnQzV3RkaE54c3Z6S3RiOTB3dGliSEp6cFFaRU51bUd4aERDSlhyTVNQZ0pPd2ozQzJNN0F3WmI5dkNTdGQ1WkVGM0gtTG1GNDNFSUFpcDlSU0lR?oc=5) · Sports Illustrated
- 2025-07-24 [Columbus Gets A Four-Star Basketball Transfer from IMG Academy - Sports Illustrated](https://news.google.com/rss/articles/CBMitAFBVV95cUxOb0IxTzAtNnhleURkb1JDNEg1NGx5RFVQTUpPbU9tSHJtX0F2R3JacDFocGk4U1p1TGNNcWtXQy1OaGZzTzZsdnRsYVpwWE53YVVXSzZwd3c5ZlpmbUU3YWhNY0FwT0dmUEJhWXVxLVR3WE84XzhySVFSZEhVN0lKYWxuOXN4UjVQbW92akI1X2p6UFhCRlBoSFg5bVdhc1lYWkllS3dCMVVrTUZFMW44R2dGZVo?oc=5) · Sports Illustrated

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=14874 (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/26.json (key "14874", 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=14874
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide