# MONTANA HEALTH
Billings, MT · NCUA charter 16273 · asset band <$50M · latest filing 2023-09 · stopped filing after 2023-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/montana-health-16273

Who the members are: federal charter, service (single sponsor), organized 1964, low-income designated. 3,640 members of 65,000 potential (5.6% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 59.

**Verdict on the desk:** this could be *stressed*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $38.6M |
| Members | 3,640 (-2.1% YoY) |
| Full-time staff | 8 |
| Net worth | $1.7M |
| Net worth ratio | 4.3% (p0 of band) |
| ROA (annualized) | 0.32% (p34 of band) |
| Total delinquency | 1.56% (p75 of band) |
| Net charge-offs (annualized) | 0.35% (p70 of band) |
| Loans / shares | 84% (p78 of band) |
| Cash / assets | 8.2% |
| Borrowings / assets | 4.44% |
| Net interest margin | 2.98% (p34 of band) |
| Operating expense / assets | 4.74% (p83 of band) |
| Vehicles % of loans | 55% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 5% |
| Third-party paper % of net worth | 64% (p93 of band) |
| Vehicle delinquency | 2.69% (p87 of band) |
| Vehicle NCO | 0.37% (p77 of band) |
| Repossessed % of vehicle book | 0.16% (p95 of band) |
| Real estate % of loans | 25% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 24% |
| Average share balance | $5,533 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 59% |
| Loans granted per 100 members, annualized | 13% |
| Average loan balance | $13,694 |
| Loans granted, annualized | $9.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, charge-offs p90, auto monoline |  |
| 2016-06 | 3 |  | charge-offs p90 |
| 2016-09 | 4 | net worth falling |  |
| 2016-12 | 1 |  | thin capital, losing money, net worth falling |
| 2017-03 | 0 |  | auto monoline |
| 2017-06 | 0 |  |  |
| 2017-09 | 4 | thin capital, delinquency rising, 3rd-party paper>100% NW, auto monoline |  |
| 2017-12 | 6 | net worth falling, losing money |  |
| 2018-03 | 7 | capital below 7% | losing money |
| 2018-06 | 7 | loans>95% of shares | delinquency rising |
| 2018-09 | 9 | losing money, delinquency rising |  |
| 2018-12 | 8 |  | loans>95% of shares |
| 2019-03 | 7 |  | net worth falling |
| 2019-06 | 10 | assets shrinking, members leaving, loan book shrinking |  |
| 2019-09 | 9 |  | members leaving |
| 2019-12 | 10 | net worth falling |  |
| 2020-03 | 8 | delinquency 2x band | delinquency rising, assets shrinking, loan book shrinking |
| 2020-06 | 7 |  | delinquency 2x band |
| 2020-09 | 8 | delinquency 2x band |  |
| 2020-12 | 7 |  | delinquency 2x band |
| 2021-03 | 7 | expense trap, delinquency 2x band | losing money, net worth falling |
| 2021-06 | 7 |  |  |
| 2021-09 | 8 | members leaving |  |
| 2021-12 | 9 | delinquency rising |  |
| 2022-03 | 11 | net worth falling, losing money |  |
| 2022-06 | 11 |  |  |
| 2022-09 | 9 |  | auto monoline, delinquency rising |
| 2022-12 | 8 |  | members leaving |
| 2023-03 | 4 |  | 3rd-party paper>100% NW, expense trap, net worth falling, losing money |
| 2023-06 | 4 |  |  |
| 2023-09 | 4 |  |  |

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

- 2020-09-28 [UM Creates Native Think Tank, Policy Institute for Montana Tribes - University of Montana](https://news.google.com/rss/articles/CBMiW0FVX3lxTE1iZEtXcWQ2bEVzSmRMWXQ0UHNoNFU3Szl6RTVIWmdXWC1XY25vT0tNQWJibmxPcVh3NEw3amxhRmRIMHhpX3dCRk9CeWNEcWQ1WlEwUFB2d3NTSGc?oc=5) · University of Montana
- 2011-08-07 [Lisa D. Rose - helenafuneralhome.com](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5JM3BnZUxRbTI5WEprSVlCRl81ZERmeW1wQnpCTHJaUmJJSmRya3YxZjlUM0hoN2NET1pxaU1HN21wSXFrQ1BfRUZGa1d4OUdqczk2al9BZU1nMWFFU2dXcEk0NA?oc=5) · helenafuneralhome.com
- 2021-01-27 [Sources: Nebraska offensive coordinator Matt Lubick a candidate for Montana State job - Bozeman Daily Chronicle](https://news.google.com/rss/articles/CBMingJBVV95cUxOajl5cWpldE5oYm95ejN5VWZwU3R0cHFZanVRS2V3Zkx4UEtxZEVBU0JucXFkV0lRQ0FmOVBnREV0dlpWSE9iemo1S19sV3kybTVlMEtxdnlZbGtoWjFsdGJTa2RiWUtsc1FGU085Uy1GSEkwMlBWMkhCU1NfNnBQR3dBdzAydWk4ZzZ5YThZaWhmX3ZBcVJXZjFnZWVsTDRuSHpNeUlYRTJid2VYY3cyLXhYblNRREhQcHVKeGxhdXlwZ085Y29UbVhLTE85LW5lQ19oUEIxUGpjR2Zld3NSNkVLZ3VVZDR5RWdzNUIxc3pHWHc1a19ZX1JjLXBjZWU5WkhSVXNST3VCcFllZWhHcDlZSXhBcFR4NGJKUjZR?oc=5) · Bozeman Daily Chronicle
- 2011-12-21 [Matt Fisher Obituary (2011) - Billings, MT - Billings Gazette - legacy.com](https://news.google.com/rss/articles/CBMilAFBVV95cUxNSXhjZlMycTRMUmhaRWd5X1lsUWR5TkRlYlBzUVBvcVR4dFVHYmJnNlJDNXlQQkFIYml3NXd1NG55aXF4QnNvV2o0ZnM0WC1JT1JjVW40aXlpMTZlY0xjUkVNcVRUYWdIeHFpZklzU1FUNm1mV2xudzZnMXVvQ0dmdmtkekV1dnJBZnZJdGNjdVF1X19I?oc=5) · legacy.com
- 2014-09-15 [People in Business for Sept. 14, 2014 - Bozeman Daily Chronicle](https://news.google.com/rss/articles/CBMi0wFBVV95cUxPUnlQSmVvZm9BTldrdGVjMWxWTHhrX1pGbTRWZWs3eWZ2SG5NSmxEekZ4eEFtOHEzM0xRM1NWU3FrWUVyQUZPUmZEdFBraVpIanBfM1Y4b194QVlFMWQ2TXNrZmFxN1dxMGh5MWV4S2NHOVUzR1JBVUFIQTQwZUtVeVlyY3RtcmxMYVFtRmhsck1HZDdQa3M3am0wSVNpVXRmVGNtU0hCbjBwZ3pEa1BGNDhIMVdSdkdZLXhNQVlKYnZ1YlZ0MHBxbXRVZHhZOGxsN0dv?oc=5) · Bozeman Daily Chronicle

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16273 (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/17.json (key "16273", 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=16273
- 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