# MIDLAND
URBANDALE, IA · NCUA charter 61918 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/midland-61918

Who the members are: state charter, organized 1933, low-income designated. 6,556 members of 1,055,080 potential (0.6% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 482.

**Verdict on the desk:** this could be *participation buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $100.5M |
| Members | 6,556 (-3.1% YoY) |
| Full-time staff | 21 |
| Net worth | $11.7M |
| Net worth ratio | 11.6% (p49 of band) |
| ROA (annualized) | 1.01% (p69 of band) |
| Total delinquency | 0.47% (p39 of band) |
| Net charge-offs (annualized) | 0.20% (p34 of band) |
| Loans / shares | 79% (p69 of band) |
| Cash / assets | 9.1% |
| Borrowings / assets | 2.99% |
| Net interest margin | 4.53% (p88 of band) |
| Operating expense / assets | 4.08% (p64 of band) |
| Vehicles % of loans | 44% (p61 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 42% |
| Third-party paper % of net worth | 152% (p78 of band) |
| Vehicle delinquency | 1.00% (p71 of band) |
| Vehicle NCO | 0.63% (p57 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 42% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 40% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 14% |
| Average share balance | $7,152 |
| Participations bought / yr | $9.5M |
| Participations sold / yr | $0 |
| Participations outstanding | $12.1M |
| Loans outstanding per 100 members | 482% |
| Loans granted per 100 members, annualized | 685% |
| Average loan balance | $2,095 |
| Loans granted, annualized | $26.2M |

## Participation posture (from the same filings)

Bought $9.5M and sold $0 in the latest annualized quarter; $12.1M outstanding purchased (103.8% of net worth), $0 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares -1.9% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising, 3rd-party paper>100% NW | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 1 |  | 3rd-party paper>100% NW |
| 2018-03 | 3 | net worth falling, delinquency 2x band |  |
| 2018-06 | 2 | members leaving | net worth falling, delinquency 2x band |
| 2018-09 | 1 |  | delinquency rising |
| 2018-12 | 0 |  | members leaving |
| 2019-03 | 1 | net worth falling |  |
| 2019-06 | 0 |  | net worth falling |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | net worth falling |  |
| 2020-06 | 1 |  |  |
| 2020-09 | 0 |  | net worth falling |
| 2020-12 | 0 |  |  |
| 2021-03 | 1 | net worth falling |  |
| 2021-06 | 1 | delinquency rising | net worth falling |
| 2021-09 | 0 |  | delinquency rising |
| 2021-12 | 0 |  |  |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 2 | delinquency rising, 3rd-party paper>100% NW |  |
| 2022-12 | 3 | net worth falling |  |
| 2023-03 | 3 |  |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | net worth falling |
| 2023-12 | 2 | charge-offs p90 | delinquency rising |
| 2024-03 | 2 | delinquency rising | charge-offs p90 |
| 2024-06 | 2 |  |  |
| 2024-09 | 1 |  | delinquency rising |
| 2024-12 | 1 |  |  |
| 2025-03 | 4 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2025-06 | 1 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2025-09 | 2 | delinquency rising |  |
| 2025-12 | 2 | members leaving | delinquency rising |
| 2026-03 | 2 |  |  |

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

- 2026-08-21 [Food truck features new favorites, credit union opens new branch and more Bay City business news - MLive.com](https://news.google.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?oc=5) · MLive.com
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- 2026-04-21 [Jasper County Court Notes for March - Newsbug.info](https://news.google.com/rss/articles/CBMi0wFBVV95cUxOVXJOSHJ1ZjVKdHJadmQ2Z05NT29STmdsWmp4NXdnQXZONWlHUkJxVmhRdklab2pBenY1cWhHZm1fbWZxNDdrQmJRQ3o0bmtaRHl3d01PaFFINFBBMUVoS1k5anF6amY4RkszMk9SVFlLWlFkZVNBUXN0d0JmRWh5ZkJxenI1aENBX3BwZzF3bzlVekVwak5MMFo0U1Vwai1Vbjg1RWdkWHdmdXlTSWdDQ3VWd2hKRjFsUTdSXzFMbHdLSk1tbDFHVVVDMU9vTkZQV0ZZ?oc=5) · Newsbug.info
- 2026-04-19 [Debra D. Russo Obituary (2026) - Monroe, WI - Newcomer Funeral Home & Cremation Services - Monroe - legacy.com](https://news.google.com/rss/articles/CBMif0FVX3lxTE5Kdi1MWEoydElNcVE1NjlrbHJVZlhOUzdwRWlOajFsN19hWm04aEY0R2tVdEJYN0Ezb0lGT0VzNmNHNXY4VEF4LXJGU01wWm80R3lJQzVNUU1OdlhtZC1mSXFra2M2ZlBsNS1RQnRiUUtWQndINWlVSTlfdUI0R28?oc=5) · legacy.com
- 2023-06-20 [Here’s What Latest Review of CUs Seeking to Merge Reveals, What Members Are Being Told - cutoday.info](https://news.google.com/rss/articles/CBMivwFBVV95cUxQNEZuY3F1Y2lkSThEd1d3RGxfUWJyeEJBZkVsU1ZTU0oxMS1XYjVYT2JBTnRzYlprNEpSMkVCa1BTbVhBdnZDbVdCWHdNazJZb3dZQ2pyd1F0STZOelZmeXBYRHRPY2xCOEswZG5iRXFIeVl1TUNILTJYdElTRDEzOFZjTGRDT0pwN1VqN1JqMk8zTV9SLUpnUElzLURFU0VwNEg1WEcxZHVXN0dtanBPSDkzSEY0dVJxRFlXd1drVQ?oc=5) · cutoday.info
- 2023-08-27 [Best Credit Unions to Work For 2023, ranked 36-70 - American Banker](https://news.google.com/rss/articles/CBMikgFBVV95cUxNOUVQWUxTdGQ0bmdxdE9DUGRNSTFuRW13TW5hSlg3TzBsU3FsYjBVVlEyNmV4dFlFZnRoVXJIcjZ0dnc5ak5hTWZNQ3JfQlpWVnBpc0ZjT0FjMHp4NENpM2VjM0NQMEhqeHJVbFUxQUMxMDBIc0Jvbk1XVkozcDdvWjVGMW1NLWNRWVVQYnNGeV9TUQ?oc=5) · American Banker
- 2022-03-17 [New board appointments: Carrie Iafrate and Dana Tell added - CUInsight](https://news.google.com/rss/articles/CBMinwFBVV95cUxONi16amdHdGNJX0RuU0paTGtGdEZ1dktKQXdFcTR1YTMxVFg4dnlLajlSaHJlU2N5UUNxNlRSQWxtSmdJUXI0YjZQM19LU2R2S3dPRUNNUDRwLW85eHAwVmF0VW9ndElsZmlMUVV2Y0w1Zjl0YW1ZTVkwNVZyektMWDBGZmFiQ3dicTh4QUthY1VZWGFqYnF3Vm56TzBCUXM?oc=5) · CUInsight
- 2025-04-08 [Best Banks and Credit Unions in Illinois 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxQSWFQZXU0Rm5INVViSUc2OU0xbDFFRnFMTGlaeTZoQnRtMkFCblpjV1JDbl96N3FsSFFkZHRKRFdXZEM0aHFETWZzR3Bqb3NDdll2Ry1vUFJ6dXY1TWJUdjN4ZmdXUE9xVkdwaVA2b2R1THJ6N2FPQzBneFVnMnZwbExNaFhrNFRONWdWYl82MA?oc=5) · Newsweek Rankings

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61918 (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/30.json (key "61918", 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=61918
- 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