# MORROW COUNTY
Mount Gilead, OH · NCUA charter 21606 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/morrow-county-21606

Who the members are: federal charter, community charter, organized 1974. 1,069 members of 35,600 potential (3.0% of the field); checking penetration 24% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *auto monoline*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $11.1M |
| Members | 1,069 (-0.6% YoY) |
| Full-time staff | 4 |
| Net worth | $2.0M |
| Net worth ratio | 17.9% (p66 of band) |
| ROA (annualized) | 1.18% (p76 of band) |
| Total delinquency | 3.90% (p90 of band) |
| Net charge-offs (annualized) | 0.64% (p79 of band) |
| Loans / shares | 45% (p31 of band) |
| Cash / assets | 46.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.79% (p46 of band) |
| Operating expense / assets | 2.71% (p25 of band) |
| Vehicles % of loans | 91% (p97 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 3.85% (p91 of band) |
| Vehicle NCO | 0.75% (p84 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 8% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 71% |
| Certificates % of member funds | 29% |
| Average share balance | $5,843 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $9,628 |
| Loans granted, annualized | $2.2M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

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

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

- 2026-05-21 [Daniel Sherrer: Slain deputy's family creates scholarship for law enforcement hopefuls - WSYX](https://news.google.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?oc=5) · WSYX
- 2026-05-24 [Deputy's legacy lives on through new Marion Tech scholarship - The Marion Star](https://news.google.com/rss/articles/CBMi5gFBVV95cUxOd2ZLMDJidlgtc0Vadl9idGVSUlo0UnNMZ3JKWHJkM000UTdPNDdIQllMQjZSbEhSdnJadTRoamxzWDEzT0xSeVlPV2hVZVFUdVNpTFVmOE0yekhNT1lscWVZVEEyWWFvYUZpSV9MSXhOS21yY29vYWQyYlZEWU1vb1hWY001aG9vZkRqVFh6dHFvN3JGREZSMVFOSFFzU1pOUUR3TzRVdERwejQzbGZCRTFqX240UXdZTl9Mb21keEZaMGdjMHRycXA1SS1QMXo1bGVKQmlUQXdxVVlKMlJrVzdwT2ZSdw?oc=5) · The Marion Star
- 2025-03-21 [Pillar Credit Union marks 65 years by surprising members with VIP tickets - marioncountynow.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxNaldyTk5nZVZubjZaQ0tUTEJsNEZ2Y3Q5NF9ISGF2MWlGdHhkVGpabkFwdEhMZkRxUEMzRk5YZjBNakNzVlVnMkF1QU1SWUh2Yi03ZEg3VWtpM3c0ZU1BSWMxclMzeWtPcUhUSWplMmVpcXNJLVBlSC1jcFZUVDR0OVJmcC1GbkNQZ0ZkdDViSXVMNF82bjNsQ2M4ZlliUFA1Y00tVGJ6UDg1aW4xRFh1bnhMZ0k?oc=5) · marioncountynow.com
- 2020-04-13 [Easter Bunny hops into Cardington - Morrow County Sentinel](https://news.google.com/rss/articles/CBMiigFBVV95cUxNLW5naWIwNjZTc0w0V3MySGswR04xa3lKQnhrSk1uM3hqVmc2all1R0MzV19wRlJKMjdEUnJoeEs3VEFPcGdDYkxCdjhvcmxhQU90S2hjMFN4OHZMYXJHSzhqcGNUMnFPZV9IeHRUV1JVUFg0TW0ydWVnQXNGbGJZdUhYOGpnd2gwOXc?oc=5) · Morrow County Sentinel
- 2025-08-12 [Steer show for Ronald McDonald House Charities raises over $300,000 - Ohio's Country Journal](https://news.google.com/rss/articles/CBMilAFBVV95cUxOZXJqa1d4NloyUi16N2U2by01RjZDRHktUmZLNUZiVkxrV2ExcTJDLXhVdmFpNElqdzd4eTNjZEpXdDhZZllYQ1Zmb3N6Rm9nTDlvNFNrSWRTME1NeU95dzlVSXpoVF9HU29xMm5KRWlySGRjamgzc0xmS3plb21aVWpMLW9hTDdYMEh6X0ZpNUxRcjdz?oc=5) · Ohio's Country Journal
- 2025-04-27 [Charlene Landon Obituary (2025) - Mount Gilead, OH - The Morrow County Sentinel - legacy.com](https://news.google.com/rss/articles/CBMioAFBVV95cUxQdS1TemM0OER0WUdkUEdQblI0RjJyVEhhTXRZVFM2NDc5RG96N1lONmh6bGJQSEY2UHB4azg1cFQwTEJKOEpYMlk3R2VzZTQ4d3kzTE50cFFaNmFSeVowMUJlVDVyLUtCeld0dFlxV0xYcWVLbWx6RkdoWE5tUTFybDBZWFhEMGZITlZVZHNObVRzZkkybDJ0aGJ5VmpSNXBi?oc=5) · legacy.com
- 2015-10-27 [Knechtly recognized as Hometown Hero - Morrow County Sentinel](https://news.google.com/rss/articles/CBMijgFBVV95cUxOeFN6N1JuUFhIT2lzN0RreDlHSHlsSkVXaXpqVldHVVJfaDV6VGFTcHZsN1k3SUs5ei1EcXdZZGpNZWtpc0twcmtKU2ZwRUo0ZDBBc3JsOEVlLVctc2k0ck4xUG9kS0gzOUhXVGxUVHNNdmRtOGJKUFFDcVVyTWJVVldSX1NyYmhidzhqSEhn?oc=5) · Morrow County Sentinel
- 2023-11-01 [Rubber Boot Mission personal to Landises - Morrow County Sentinel](https://news.google.com/rss/articles/CBMikwFBVV95cUxPWlZKU2VxTWF0SUpLUGctWnNnS1lHYXlGOWJjRGc5U3VZRzdJWGhaUlJiSFlCeERMdUFjczZheE9xVGlzd2lqLW56WkJNSm1aRFBLZ3Rob0xCZzhrdExTbUt3NExySm41UzUzaGtaRUNJVzMycE01eW1yQUNQSnpIcmE2UVk5ZXM1bjlNV19Ra3JtSVU?oc=5) · Morrow County Sentinel

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=21606 (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/38.json (key "21606", 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=21606
- 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