# MAINE HIGHLANDS
Dexter, ME · NCUA charter 17398 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/maine-highlands-17398

Who the members are: federal charter, community charter, organized 1966, low-income designated. 14,196 members of 224,100 potential (6.3% of the field); checking penetration 70% (share draft accounts per 100 members); loans per 100 members 78.

**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 | $226.6M |
| Members | 14,196 (0.1% YoY) |
| Full-time staff | 56 |
| Net worth | $24.5M |
| Net worth ratio | 10.8% (p43 of band) |
| ROA (annualized) | 0.79% (p58 of band) |
| Total delinquency | 1.58% (p93 of band) |
| Net charge-offs (annualized) | 0.15% (p22 of band) |
| Loans / shares | 69% (p39 of band) |
| Cash / assets | 23.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.85% (p71 of band) |
| Operating expense / assets | 3.68% (p49 of band) |
| Vehicles % of loans | 20% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 6% |
| Third-party paper % of net worth | 7% (p26 of band) |
| Vehicle delinquency | 1.29% (p84 of band) |
| Vehicle NCO | 0.74% (p56 of band) |
| Repossessed % of vehicle book | 0.15% (p79 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 27% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 34% |
| Average share balance | $5,951 |
| Participations bought / yr | $1.3M |
| Participations sold / yr | $2.0M |
| Participations outstanding | $24.3M |
| Loans outstanding per 100 members | 78% |
| Loans granted per 100 members, annualized | 34% |
| Average loan balance | $12,438 |
| Loans granted, annualized | $32.6M |

## Participation posture (from the same filings)

Bought $1.3M and sold $2.0M in the latest annualized quarter; $24.3M outstanding purchased (99.4% of net worth), $2.9M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 6.1% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, losing money, delinquency 2x band, charge-offs p90 |  |
| 2016-06 | 1 |  | losing money, delinquency 2x band, charge-offs p90 |
| 2016-09 | 3 | net worth falling, leaning on borrowings |  |
| 2016-12 | 1 |  | net worth falling, leaning on borrowings |
| 2017-03 | 1 |  |  |
| 2017-06 | 1 |  |  |
| 2017-09 | 1 |  |  |
| 2017-12 | 2 | loans>95% of shares |  |
| 2018-03 | 1 |  | loans>95% of shares |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | thin capital |
| 2018-12 | 1 | loans>95% of shares |  |
| 2019-03 | 0 |  | loans>95% of shares |
| 2019-06 | 1 | loans>95% of shares |  |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | losing money, margin squeeze | loans>95% of shares |
| 2020-06 | 3 | thin capital, net worth falling | losing money |
| 2020-09 | 3 | delinquency rising | net worth falling |
| 2020-12 | 2 |  | delinquency rising |
| 2021-03 | 2 | net worth falling | margin squeeze |
| 2021-06 | 2 | delinquency rising | net worth falling |
| 2021-09 | 1 |  | delinquency rising |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 0 |  | thin capital |
| 2023-06 | 0 |  |  |
| 2023-09 | 3 | delinquency 2x band, delinquency rising, assets shrinking |  |
| 2023-12 | 2 |  | delinquency rising |
| 2024-03 | 2 | delinquency rising | assets shrinking |
| 2024-06 | 1 |  | delinquency 2x band |
| 2024-09 | 1 | delinquency 2x band | delinquency rising |
| 2024-12 | 1 | margin squeeze | delinquency 2x band |
| 2025-03 | 2 | delinquency 2x band |  |
| 2025-06 | 2 |  |  |
| 2025-09 | 2 | delinquency rising | margin squeeze |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | delinquency rising |

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

- 2026-04-06 [MHFCU funds thermal imaging cameras for Brownville Fire Rescue - Piscataquis Observer](https://news.google.com/rss/articles/CBMipgFBVV95cUxOZjBHNW56dmFUZkpCUnp6bkFNV0lfNEJ2Tm40dWVwdDV2OU40OEhTZ3hyTTJ1US1HdVlrSjRoU2lvZmhGNFNBLWNnd1RpMUNxd3F4NGhjRE0wV2FZRHZjMjV1MjZFVzdYS2tSLWtPUy1nYjlnTWIzT2U2dWlrX3FGV0JEZnQ4VzdvNWFpYmtKWjZwUmhoZzllZThsdWxYel9ydlByM01n?oc=5) · Piscataquis Observer
- 2025-06-30 [Maine Highlands Federal Credit Union makes $25,000 donation to Heart of Maine Resource Center - Piscataquis Observer](https://news.google.com/rss/articles/CBMizAFBVV95cUxNcldab2NLZ3NHbEZ1V2wxVW1DSEdBTFgwUElCUHRrODNvMzZrbVBVd3ZjWVQ4UXpPcHRqR0x4dHhBb2tnX1lfXzVBZkdpUGpMaThzbHBybWNrNGs1QS1GZFNSRFhvbjVTdFZhZUJjdEtpaEU1MFBmR2ZZRUpSdUFwYzc3cThnYTVvZmtSNjJDX2pjaF82YVJVLWNOYTEyXzdXY0RQdGhid093VXZDUWx4OW5jSldMaWhpNkJDRnVUSGJYZU5uV2J1eWMxbUs?oc=5) · Piscataquis Observer
- 2022-07-10 [Maine Highlands FCU contributes to P.E.T.S. - Piscataquis Observer](https://news.google.com/rss/articles/CBMiiwFBVV95cUxPVnlkWnVQSW82MUtqY0xfUkhQQXlFLXAtcTctZi02UlpjQkdRd3VQTHdpenRwM1U4eVdoYkFSdlM0Q0g3SHo1X2otWGJubWVzXzdfUEstS3ljVkRyTDNkM3RGQnNGRDdKYUI0OWhyeG51NjduTXlQNTBSSktvdWsyV1VxSy1WdDMwTjNB?oc=5) · Piscataquis Observer
- 2009-11-03 [Helmi Perry Obituary (2009) - Augusta, ME - Central Maine - Legacy obituary](https://news.google.com/rss/articles/CBMinwFBVV95cUxNRjRhYmtMTUZBbWFIZWpPTXhvYU5RTE9XX2VpdE9mRVVyNDAyV2xHWVZKYWFCR0JVQmU4OXk5MkJWR0szYzVUT24yR1hNZTRxM0JaVDkwWVgybmRFT2x1Vkl5VVJsbDdCTXp2R0poNlE3aXBmWl9CMTEyNGN1eUpSUkt6ZHNZRUphbUlPNXVrY25rRlFqN2ZyVVJPd3FvZnM?oc=5) · Legacy obituary
- 2022-08-01 [MHFCU pie eating contest returns at Piscataquis River Festival - Piscataquis Observer](https://news.google.com/rss/articles/CBMipgFBVV95cUxNTHdfTjFranJPWU1fTXlLZ3kzQjhxVjdvc2ZaN21mVDhzQzdRWURYYlNXR1V1S041RHBpNHFFdDhNZVAyd29IUW1OS3JTQ1dfRk1NMjc1cTM1RVhUZk5YVXFjTDN4VU5fSENUbjF1eFlXdEpPQThXLTgwa1F3cHoyWjZKQS1NVGRCOG9YVlR3TVZIRklja29EakxKNTkxV1BCLTdnUDln?oc=5) · Piscataquis Observer
- 2016-01-05 [Daniel Clowry Obituary (2016) - Newport, ME - Central Maine - Legacy obituary](https://news.google.com/rss/articles/CBMiogFBVV95cUxQM1JJdGZWMmNBaEIyV3NEMHZfWlRvSGhSYWtiZ1NmaFpCbnFlbTVyRVhJMWRKVDVLUXRIeEw5MUhVUXdNaEpTYjRDNFJKUGJWSDVQLVBLR2ZuT1BYV0FKTzBIOTdYZW81Rkp5a1NlQWZhY1Q3cWt1c25EYmxkc3VmMm81RjNBWS1na0dHSkh1UWNvLU13YlpGMzdDNHZXLWE0Rmc?oc=5) · Legacy obituary
- 2022-08-08 [Maine Red Hot Dog Festival returns to Dexter on Saturday - Piscataquis Observer](https://news.google.com/rss/articles/CBMingFBVV95cUxPVHZmUThFQ092T0RrYWJYdm1heFpyOEpfcG1TeXd0QnR2TThhUlA4UjZMN2tWQkItYjVQUmVLQlpNTy1xVkJNZXp3VTdyRXJ1TC1jTlF6WXRLeXp4M1IwOWRLNk8yNVlDcnloeTBzbnFITFhVNHBVeGs2RmVmUWE3blU2enRzM3BpQnZncC1iaGJIdVNxbHlwSW82U1RMQQ?oc=5) · Piscataquis Observer
- 2020-09-12 [Credit union’s surprise gift renders county vote moot - Piscataquis Observer](https://news.google.com/rss/articles/CBMimAFBVV95cUxNcU13Y05aTXNoY1Z5Z1RBRzg1UFY2Tk5vM0NHdXFKQ3VyeXJjVXI0TlZKaHlkaWVJLWQ4NGp4V2N5Q19ITGdmcldGbjBSZFlqREZRaEJhTHozV21ZRUpQT29BTFJmekxtd2lFUVdzT0ZFZDM2clNxZlk0NFVqN01NNk1TQ0NaUkRIMml6LU1jd1lIT2FIck1ZZg?oc=5) · Piscataquis Observer

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=17398 (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/54.json (key "17398", 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=17398
- 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