# TEXAN SKY
Dumas, TX · NCUA charter 3938 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/texan-sky-3938

Who the members are: federal charter, multiple common bond, organized 1940. 8,999 members of 35,376 potential (25.4% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 45.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $78.9M |
| Members | 8,999 (-3.4% YoY) |
| Full-time staff | 16 |
| Net worth | $12.6M |
| Net worth ratio | 16.0% (p76 of band) |
| ROA (annualized) | 0.23% (p24 of band) |
| Total delinquency | 0.40% (p37 of band) |
| Net charge-offs (annualized) | 0.31% (p57 of band) |
| Loans / shares | 67% (p60 of band) |
| Cash / assets | 39.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.32% (p84 of band) |
| Operating expense / assets | 4.94% (p87 of band) |
| Vehicles % of loans | 79% (p96 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 0.38% (p39 of band) |
| Vehicle NCO | 0.18% (p48 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 14% |
| Average share balance | $4,284 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 11% |
| Average loan balance | $10,609 |
| Loans granted, annualized | $14.7M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## 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 | 2 | delinquency rising |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 2 | loans>95% of shares |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 3 | expense trap, charge-offs p90 | loans>95% of shares |
| 2019-06 | 2 |  | charge-offs p90 |
| 2019-09 | 1 |  | expense trap |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | margin squeeze, delinquency rising |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 2 |  | margin squeeze, net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | net worth falling, delinquency 2x band |  |
| 2021-06 | 2 |  | delinquency rising, net worth falling |
| 2021-09 | 1 |  | delinquency 2x band |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | net worth falling, margin squeeze |  |
| 2022-06 | 1 |  | net worth falling, margin squeeze |
| 2022-09 | 2 | margin squeeze |  |
| 2022-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2023-03 | 2 |  | margin squeeze, delinquency 2x band |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 2 | assets shrinking |  |
| 2024-03 | 4 | net worth falling, delinquency 2x band, delinquency rising | assets shrinking |
| 2024-06 | 1 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | expense trap |  |
| 2025-09 | 2 |  |  |
| 2025-12 | 3 | delinquency rising |  |
| 2026-03 | 5 | net worth falling, members leaving, loan book shrinking | expense trap |

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

- 2025-02-10 [Texan Sky Credit Union Welcomes Bivins Members with Exciting Merger and Future Growth - The Moore County News-Press](https://news.google.com/rss/articles/CBMi_wFBVV95cUxPZjEtb2J0dGhHTnlqOVdIRnZsQ0V4Tk5jckQ4dElSZHFVbTVFdml4d2ZvQ2h5M1JRenZJaWQ5blQ0Z1o2YWxTV2I1aEh4RXNsZTRnV2xEeEhMd2ZlMm41WjVEVFN0ODdUT0RLVGVNM0tTc2dzZXRiUUJQYzBBM1BQU280clZaY3Q3VGVGTHBMUlM0NXF3TFZUQnczR1czV0x0ajRGOHlHRkltc01aLUJjNG9GSTNqazhoTWZsNWpOQnh5NTNBSGZRQWx2YWcwR19FQ0hYZGpydFEwcG04OXpmQzBaNjVhbDEwdUJHQUFKT0gyZ3N6Ym5fS2dCY1pYRzA?oc=5) · The Moore County News-Press
- 2026-01-11 [Diana Loya - Democrat for State House District 87 - amarillopioneer.com](https://news.google.com/rss/articles/CBMib0FVX3lxTE02UFduamt6VHh2MTlBOWtSRkZWOGoxY05mMWRQcnFEdVRuVk5IXzR5ckNaM2F3M1VmQWJONHhRYWZrSHNlYkg3QXphTVNNREVxZ3l6d0FZdlVTQnlyN0tJcnhaMnkwTC1LenV2Zi1IQQ?oc=5) · amarillopioneer.com
- 2022-03-19 [La Macchia Group hires Kevin Mineard as CFO - CUInsight](https://news.google.com/rss/articles/CBMijAFBVV95cUxOSGV0QnNvc0NXd2xVdXdBVU5yWlFsSHNNaTk5TU9mWWZqZHE0ek0ySXBxWFNySEI2NlpjYnllZUtwYmFicldOMkVVYTE4YnhlOWE0RUl1NUlta2JoTHhuempBODE4Z2VldmVzVW9zYUQteWZhVEttOGEyT1g3Q3BKZ3NJZnppaFhHa3lNdg?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3938 (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/34.json (key "3938", 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=3938
- 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