# HIBBING COOPERATIVE
Hibbing, MN · NCUA charter 60164 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hibbing-cooperative-60164

Who the members are: state charter, organized 1938. 8,057 members of 20,000 potential (40.3% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 34.

**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 | $110.8M |
| Members | 8,057 (-1.2% YoY) |
| Full-time staff | 12 |
| Net worth | $20.2M |
| Net worth ratio | 18.2% (p93 of band) |
| ROA (annualized) | 2.03% (p96 of band) |
| Total delinquency | 0.93% (p71 of band) |
| Net charge-offs (annualized) | 0.06% (p15 of band) |
| Loans / shares | 35% (p5 of band) |
| Cash / assets | 47.3% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.83% (p60 of band) |
| Operating expense / assets | 2.16% (p6 of band) |
| Vehicles % of loans | 51% (p72 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 1.09% (p76 of band) |
| Vehicle NCO | 0.09% (p21 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 25% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 3% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 95% |
| Certificates % of member funds | 0% |
| Average share balance | $7,122 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $11,789 |
| Loans granted, annualized | $8.5M |

## Flags firing in the latest filing

- none

## Warning timeline

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

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

- 2020-09-28 [Steve Saban - Duluth News Tribune](https://news.google.com/rss/articles/CBMiZ0FVX3lxTFBZMmw2bTNPRnFHay1PQnZOZ2toenl0dFYyMTZmdkNTUVBSbkRxbW5Demg3Qmc2a1JyX3FSZlFHdEtGQ0JpZWE3Ml9xLVRKM3I3aU1VeU1xRGZkVjVsQTNBRGVEZDl6UVk?oc=5) · Duluth News Tribune
- 2022-06-13 [Elvi M. (Salin) Saralampi - Duluth News Tribune](https://news.google.com/rss/articles/CBMiwAFBVV95cUxQaFBLajdRTF95YTRsOE5hNkJDYjZlVVc5VXAwQmllZnJwYzdJTnJGOHVDTkxNc3pyTnlOV3l6QUx3Vm9lSXZwd3NqbUdHWmMwWi1IZmRrUHE0MFRNbFJ4YmJGOHVJbTRCU1pHQVhNeXdMVUJKU0EyRWgwMkF0TmFGWlhiaUlORnRHZmN4SXpnZFQ4a3ZiUnBydDR2dVU2V0RVNjJxWUVMTzNmY01JdGg1Qy1NVU50dzdXaTBRRWlQQko?oc=5) · Duluth News Tribune
- 2022-06-14 [Elvi Saralampi Obituary (1929 - 2022) - Hibbing, MN - Mesabi Tribune - legacy.com](https://news.google.com/rss/articles/CBMilgFBVV95cUxQT1JnbWJyUFpOOGpqbXl4dlpwMkEwV3N5eDkzRDF4ak1ObDlVdG0tNnJVMl9sZHhKdlB3OEk5LVBfNVYtTXplWnl2UWVjTVlXZEpsdFBiR3dXeU1jSnU0RWV6SFNQR3Z3U0E3aGpMUVVqSmVVc2xrVC1yLWFUS0xmNVNJeFExT3I5Um83SGdMaFJ4YmFYQ2c?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=60164 (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/4.json (key "60164", 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=60164
- 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