# NISHNA VALLEY
ATLANTIC, IA · NCUA charter 60046 · asset band <$50M · latest filing 2021-09 · stopped filing after 2021-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/nishna-valley-60046

Who the members are: state charter, organized 1957. 4,575 members of 12,902 potential (35.5% of the field); checking penetration 47% (share draft accounts per 100 members); loans per 100 members 10.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $41.4M |
| Members | 4,575 (-6.2% YoY) |
| Full-time staff | 10 |
| Net worth | $2.3M |
| Net worth ratio | 5.6% (p1 of band) |
| ROA (annualized) | -1.92% (p3 of band) |
| Total delinquency | 0.77% (p63 of band) |
| Net charge-offs (annualized) | -0.05% (p16 of band) |
| Loans / shares | 16% (p6 of band) |
| Cash / assets | 66.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.18% (p6 of band) |
| Operating expense / assets | 4.30% (p85 of band) |
| Vehicles % of loans | 55% (p43 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 34% |
| Third-party paper % of net worth | 51% (p96 of band) |
| Vehicle delinquency | 1.40% (p80 of band) |
| Vehicle NCO | 0.00% (p30 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 39% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 56% |
| Core shares % of member funds | 91% |
| Certificates % of member funds | 5% |
| Average share balance | $4,998 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 10% |
| Loans granted per 100 members, annualized | 3% |
| Average loan balance | $14,322 |
| Loans granted, annualized | $1.8M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **losing money** (`earn_negative`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 5 | net worth falling, delinquency rising |  |
| 2017-06 | 4 |  | net worth falling |
| 2017-09 | 3 |  | delinquency rising |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 4 | members leaving | net worth falling |
| 2018-12 | 7 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2019-03 | 7 |  |  |
| 2019-06 | 5 |  | delinquency 2x band, delinquency rising |
| 2019-09 | 4 |  | auto monoline |
| 2019-12 | 3 |  | 3rd-party paper>100% NW |
| 2020-03 | 2 |  | members leaving |
| 2020-06 | 5 | net worth falling, margin squeeze, delinquency rising |  |
| 2020-09 | 4 |  | net worth falling |
| 2020-12 | 5 | members leaving |  |
| 2021-03 | 7 | capital below 7%, net worth falling | members leaving |
| 2021-06 | 6 |  | net worth falling |
| 2021-09 | 8 | losing money, members leaving |  |

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

- 2026-02-14 [Eugene Cambridge Obituary Dec 20, 2012 - Roland Funeral Service](https://news.google.com/rss/articles/CBMickFVX3lxTE9sQnB0d3Azby15OWNJS1FGM3pnczFsUDJObGQyYmFCampKMHZsZG5xZU93WGVadEpxWFF6anlTZ19WcE8tc0FtSEx2SXdQWmpQT25CZnQySVJfdTN1UnNSME03WVh4am54cEFweV9hYnBWZw?oc=5) · Roland Funeral Service
- 2022-12-23 [Linda Fay Obituary Dec 23, 2022 - Schmidt Family Funeral Homes](https://news.google.com/rss/articles/CBMiYkFVX3lxTE8xMlR4aGQxU3dIZXROeGJzTnczYmZjallmcmlnS1dnejhFdWFLVkFYSEtWTGpULVYwSE1DM1BzMHU4aktMUUw3OW5xcFR1QldsbmxJa0RaaldyWEpraDZoYThR?oc=5) · Schmidt Family Funeral Homes
- 2026-07-07 [Christmas in July comes to Produce in the Park on July 9 - westerniowatoday.com](https://news.google.com/rss/articles/CBMingFBVV95cUxOc2IwU3BwcXNKSXo4a2dXYzdMTERQb0VzN1R4SEN4SV81Zm1ETXdhQnV3Sm40T1hyb1psNVA0WHpCR2NSeE9YM0Z2TFNxUy1UR0F6UWd4c2hWMHJ0TTlXeFVDUWdCdFhUY3JvcHJtRERqNXRacWVnTGJBVkZmaGx4X1dGQ0xrQUlWVHY0Q1F6b0NoRjRlM0pFWXd1a1RxQQ?oc=5) · westerniowatoday.com
- 2026-07-31 [Produce in the Park - in a Pickle! - KMAland.com](https://news.google.com/rss/articles/CBMiwgFBVV95cUxPY0tYWWdONllKX0tHRUVsVGc0VjliWEVtc3lCUi0tblNjUlFtSkhvVkxiNzZFY2gzbElCQlVXeUEyOW42VGp5eVJmbFhNdEl0aktvZjU4V0JjMTRhVm1La1UzN2h2RXZJX1lSXzVURGt1cjhVdWdfczJwdWNOZGlFSklzcXMzT1M1akRMaHQ5LWhfenhKZXJEQmp4QVpGM0JqR3BNRDNyTFRHRjdod2tjNDYzVXdUYVF1NHBpMnNWeTFLUQ?oc=5) · KMAland.com
- 2024-02-14 [Tamara Hetrick Obituary Oct 1, 2006 - Schmidt Family Funeral Homes](https://news.google.com/rss/articles/CBMiaEFVX3lxTFBNcWJxcV82bG9vMzYwcW5Hdjg4Tk9lNUc4eGdGdklscDNMTUlsRnZGT1FVaU1xWkN5elZIWmx4V3gxc2NsaHU1dThDeW14SnA0Q1czMFZ5bFNjamJQOGZJRlNvaGRuMzlO?oc=5) · Schmidt Family Funeral Homes
- 2021-11-25 [Cynthia "Cindy" Kern Obituary Nov 25, 2021 - Roland Funeral Service](https://news.google.com/rss/articles/CBMibEFVX3lxTFBmRHR6N1ZrQTdPWldyRUQ3WWFwS2phWjNBeWx6Ql9hWWxYckRmZkYzOXVBWGhQdTdYUi1KN2ZEWU5ESi1oZy1LektmaEQ1dlVWWmJONHBVeWtyOHRNaFdabG9URl9qWFo2dHZZOQ?oc=5) · Roland Funeral Service
- 2016-07-15 [Terry Anderson Obituary Jul 15, 2016 - Schmidt Family Funeral Homes](https://news.google.com/rss/articles/CBMiaEFVX3lxTE5NMklqeHQyVGwzT2UxQXhaLTlRZ3JBMGFPem85T1VWaXZrNlppWFNhWlRBOW8wcUJKMW9PZ2NIOXQyYlpubThBTjlYWU1VdEVSSnBET21RNFlxWHJ1VUQxTGtSTThnanJu?oc=5) · Schmidt Family Funeral Homes
- 2021-04-13 [Richard "Dick" Wright Obituary Apr 13, 2021 - Roland Funeral Service](https://news.google.com/rss/articles/CBMidkFVX3lxTE05Vm04dHE2dW9oSHNUUW5OZzAxY3ZkRzRQbGFIZ0hmaXU0VDdDNzdfeEVJdW1fU19DbnM1WkNfYkJJSHZNRXByUE5WWTVaSTFCLWRjN2x0ZWxBYkg0d0JLNUtzVWxnQ3dtZEZmTFdULS1DSjdsMmc?oc=5) · Roland Funeral Service

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60046 (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/14.json (key "60046", 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=60046
- 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.

---
Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide