# MIL-WAY
Texarkana, AR · NCUA charter 24197 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/mil-way-24197

Who the members are: federal charter, multiple common bond, organized 1956, low-income designated. 12,811 members of 157,000 potential (8.2% of the field); checking penetration 58% (share draft accounts per 100 members); loans per 100 members 43.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $190.0M |
| Members | 12,811 (-0.1% YoY) |
| Full-time staff | 34 |
| Net worth | $19.2M |
| Net worth ratio | 10.1% (p28 of band) |
| ROA (annualized) | 0.63% (p44 of band) |
| Total delinquency | 0.04% (p3 of band) |
| Net charge-offs (annualized) | 0.08% (p19 of band) |
| Loans / shares | 53% (p21 of band) |
| Cash / assets | 41.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.86% (p10 of band) |
| Operating expense / assets | 3.16% (p32 of band) |
| Vehicles % of loans | 54% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.06% (p9 of band) |
| Vehicle NCO | 0.05% (p19 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 23% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 34% |
| Certificates % of member funds | 33% |
| Average share balance | $7,119 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 43% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $16,229 |
| Loans granted, annualized | $41.2M |

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2018-01-24 [Arkansas CU CEO aims to go from corner office to mayor's office - American Banker](https://news.google.com/rss/articles/CBMivgFBVV95cUxQSlIta01jb05yRE9wX09wOG1qbFBrUGo0MXdhVWRPZVF6MVJMSEtUc1E4QnhkWlVNX29NNHZORWYtM1R6c1p2SkZvTHlwUFR3bGU0Ql9XZWJHWlpKZGRieWFpRWJlUllwdlh2T282X0w4SW9VZEhpbUNyWExXTGVHcVdNWlFKenF2T2x1bG1RRVQwN0tZdHNrSmpzUk05WXRfd1Y2dGtyVFdBemhvalo5bmFraGV5LVhONlBncEJn?oc=5) · American Banker
- 2025-09-28 [On the Record for Monday, Sept. 29, 2025 - Texarkana Gazette](https://news.google.com/rss/articles/CBMikgFBVV95cUxOTFRMQ1g5UWRVYWl5eExHRnNoTXh5TzUtOEhMWEkxdUZqWU1EcGZsNU5EU0djYjctdjl4WWpQNXpva1JzN2hZNklLcHl4ZEZIQVJKRGVwdnJuUElGcnZfU3VsYjRYU0JlUHIxamNfdWd2a1pWcDlEREN0OVd4d0JsTjU1d2Y1VDdSVmZsckRrRmVvQQ?oc=5) · Texarkana Gazette
- 2013-04-15 [Liberty Eylau boy to lose leg after lawn mower accident - KSLA](https://news.google.com/rss/articles/CBMilwFBVV95cUxNQ0E5eXVXRG1tMEdyT2lielh2RWlBSWhybkhSWkhOOWtwcWNfN3pubW5OdWRRSDhOdE05OEhRUGdXSS1Lb2s2RFp4SUhhUmk1cW5oN1R1MXBTcVBrQVB6VmlFVThkOTd2Z0VLdUZuZktSRmNhWWJTYVpzUzIxdHkxcTFsRHlUMTNIYWlLSGFnUmtJRTdJdVlN0gGqAUFVX3lxTE1wQ2hlQlF6bzZZX2ZpeDNiM3NkMjZ5alBiWkNRYmRGMU9PaHRNSUkxbjdJQm5HTmh1YVJaa1daY0o1NmJSQmdRTWk5UDMwTnp1X0V0TF9mR3pQYVZfelNtTVBsRGNKcUhxVm5QWUotclBkV1JYQ2tNOFp6aGZrN1lFWlNlTmE4cWlWNHo3bUxsVkxTb09PZnUxdXA5YVhYT05kbXpyQWxFdFRR?oc=5) · KSLA
- 2019-01-09 [Fundraiser scheduled for injured Arkansas State Trooper - KTBS 3](https://news.google.com/rss/articles/CBMi2AFBVV95cUxNSUc1SFdrNC1INjM2QTFVOFdaNGh0WGdwMDMxWkZCMFo1MmhYb1NwbnJUSXlaOGM0MVJpMlJXaHZmT0JlbmJiV242ZF9ySzVzY0dxNDJIX3RMY0I1UnlZR29KYTdCQnBZUVV6dEFlaUdmandRa2tYU0M0SzVZRkFGeFdLeEhuTXJpamtKbzh2QU8wbzhUSlBIQVg3NXhZNk03SVBjYWNEQjFzVzNwV3NWUVVsYW5oanNfMXlfNVZaTExoX1NwX0pZUm1vRkZmOVh6VjlFT2xWc3k?oc=5) · KTBS 3
- 2023-11-29 [10th Anniversary Live United Bowl Events Happening this Week - Texarkana Today](https://news.google.com/rss/articles/CBMikAFBVV95cUxPTkJhUVVMX2RLMFprTmlXYUwwVUN4blZnQzZfT0NLQkJWN1k3NVdaS0d1QUVZcnFSYW1zRFZGalZUWjdFWUhBd2NERUh1YzZTazNtdW84dDhtRkRFTVBYalJfT1F5aGs4cVZqbi1TN3h3SWlIcmdkTFdBX3lsOEpZM1otS2ZxeHh6MnpXNDZvZ3U?oc=5) · Texarkana Today
- 2019-08-22 [UA Head Baseball Coach Dave Van Horn Coming to Texarkana - kkyr.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE5jc2Z6cjlHbmNYYzJ3b2FKdmdQa2Itb1JXRVNuMFpQZ2pOc3hhUHVMVHJuTUZsa2xoSTk4TXo1dUZVSV9lSzlzM1lYdlhNMk5MZXJkMXpPZzZ5OWZEVF8xQmhHRXFVdU85bFlQQmJ1cnRObUNtWlFSalpydjk1UXc?oc=5) · kkyr.com
- 2024-04-21 [On the Record for Monday, April 22, 2024 - Texarkana Gazette](https://news.google.com/rss/articles/CBMikwFBVV95cUxPMzRqZTQzb19hNWM4dGJVcUp3aU1VUjZubXNJZWttOUFTM0RQeTlsZXFkZzRTZG9DanpsVDBzRW5wSWU3R1JmNGdzelJsRDlvbGlTNC1ZX2l0dDVrTEdBVjFCYmV1SExVT0NKNWl4TmJLMnNtNEZTWXVVb3JWbmd0a29wa3c2b20tZVJ6VkNQdWpPUXM?oc=5) · Texarkana Gazette
- 2017-11-16 [COURTNEY SEWELL Obituary - Texarkana Gazette](https://news.google.com/rss/articles/CBMigwFBVV95cUxOS3VfVHNJalNrQ2hucVZHeHdYMjBIaHB6MXIwUFNtQTRVUlFxSzRpR2ZaZ1kyVjRKVExXdml3ZVlQTWZSd3RHTXdWSmlwZTRCMjQtLTZxMHRqNDVnWk00a1FWV051YjU4TnhHb1J0R3d1MjU0MXNGWXBpYnFXNWczZGJSQQ?oc=5) · Texarkana Gazette

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24197 (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/5.json (key "24197", 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=24197
- 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