# PIONEER MUTUAL
SUGAR LAND, TX · NCUA charter 24818 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/pioneer-mutual-24818

Who the members are: federal charter, associational, organized 1981, minority depository institution. 11,951 members of 15,000 potential (79.7% of the field); checking penetration 61% (share draft accounts per 100 members); loans per 100 members 34.

**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 | $351.1M |
| Members | 11,951 (3.7% YoY) |
| Full-time staff | 55 |
| Net worth | $42.1M |
| Net worth ratio | 12.0% (p60 of band) |
| ROA (annualized) | 0.97% (p70 of band) |
| Total delinquency | 0.51% (p41 of band) |
| Net charge-offs (annualized) | 0.00% (p3 of band) |
| Loans / shares | 68% (p37 of band) |
| Cash / assets | 29.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.40% (p4 of band) |
| Operating expense / assets | 2.73% (p17 of band) |
| Vehicles % of loans | 16% (p16 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p9 of band) |
| Vehicle delinquency | 0.00% (p3 of band) |
| Vehicle NCO | 0.00% (p4 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 19% |
| Commercial % of net worth | 89% |
| Core shares % of member funds | 82% |
| Certificates % of member funds | 11% |
| Average share balance | $14,901 |
| Participations bought / yr | $7.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $13.7M |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 6% |
| Average loan balance | $50,991 |
| Loans granted, annualized | $56.1M |

## Participation posture (from the same filings)

Bought $7.8M and sold $0 in the latest annualized quarter; $13.7M outstanding purchased (32.6% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 8.6% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2026-01-30 [Take a closer look at Houston's fast-growing real estate lenders - The Business Journals](https://news.google.com/rss/articles/CBMiogFBVV95cUxPeEF1QlJxTmdJcDljMXZyUmc0aWtHYl9DUmUzc0F3WkoxZXBGRTVZQ19FM0Qwd0NRQi01S0ZpYkRoZ2Y5MFlleEV4d2tDLVQyUFh3ZjZndUhvME5GU3dMT2NvbHFqYlAxLTZxRVJWdkRWY1pqREswOHpxWXVQTWhPMVJxT2pqZnBnR3RmOXFNNGtPODR6V21LOU54RGYyRkhnOUE?oc=5) · The Business Journals
- 2024-04-08 [13 Marketing Agencies in Houston Meeting the Demands of the Digital Age - Built In](https://news.google.com/rss/articles/CBMiY0FVX3lxTE5YVjhISjMwMHpobXZvbHp2aGdxV0ZJNFNETVdlN1Q3WTJiRVdsUnFKZlZPUnBXUWxFZ3RMWlNYcURnTlFpWXFoSjdjaGdyZmxraXpCN2pXU0hzNGlSRlA5SzJqSQ?oc=5) · Built In

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24818 (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/50.json (key "24818", 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=24818
- 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