# SANDHILLS
ULYSSES, KS · NCUA charter 4193 · asset band <$50M · latest filing 2017-06 · stopped filing after 2017-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/sandhills-4193

Who the members are: federal charter, manufacturing (single sponsor), organized 1940. 134 members of 300 potential (44.7% of the field); checking penetration 0% (share draft accounts per 100 members); loans per 100 members 0.

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

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $963,554 |
| Members | 134 (-10.7% YoY) |
| Full-time staff | 1 |
| Net worth | $78,801 |
| Net worth ratio | 8.2% (p13 of band) |
| ROA (annualized) | -3.92% (p2 of band) |
| Total delinquency | – |
| Net charge-offs (annualized) | – |
| Loans / shares | 0% (p0 of band) |
| Cash / assets | 99.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.21% (p59 of band) |
| Operating expense / assets | 7.37% (p97 of band) |
| Vehicles % of loans | – |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | – |
| Third-party paper % of net worth | 0% (p45 of band) |
| Vehicle delinquency | – |
| Vehicle NCO | – |
| Repossessed % of vehicle book | – |
| Real estate % of loans | – |
| Credit cards % of loans | – |
| Unsecured % of loans | – |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 72% |
| Certificates % of member funds | 0% |
| Average share balance | $6,603 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 0% |
| Loans granted per 100 members, annualized | 85% |
| Average loan balance | – |
| Loans granted, annualized | $1.2M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | losing money, auto monoline |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 3 | delinquency 2x band |  |
| 2016-12 | 2 |  | delinquency 2x band |
| 2017-03 | 5 | net worth falling, margin squeeze, members leaving |  |
| 2017-06 | 7 | thin capital, expense trap, assets shrinking, loan book shrinking | auto monoline, margin squeeze |

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

- 2026-06-09 [Huskers to Face Butler in Chicago This Season - Sandhills Express](https://news.google.com/rss/articles/CBMikAFBVV95cUxOdkh1X0Z5dlRaRm8ycThHU3RNUl9wb21tSEpyUU00S29ZdTBEM1oyT1JSWmRUaTN5ODhGQmE0a0RsMnRaaFVRN0ZHenlHOXpKdklUTmtNZURJbUVEX0Nmc25fdG5OLUp1TWlCXzVLaG1PZW5KbWJvSzJYdjBhX1otWHBVbkZ5UWZoenlLTmxfMUE?oc=5) · Sandhills Express

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=4193 (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/33.json (key "4193", 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=4193
- 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