# FARM BUREAU FAMILY
Lansing, MI · NCUA charter 62330 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/farm-bureau-family-62330

Who the members are: state charter, organized 1934. 2,424 members of 200,000 potential (1.2% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *auto monoline*. 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 | $26.5M |
| Members | 2,424 (14.7% YoY) |
| Full-time staff | 5 |
| Net worth | $3.2M |
| Net worth ratio | 12.1% (p31 of band) |
| ROA (annualized) | 1.13% (p75 of band) |
| Total delinquency | 0.83% (p58 of band) |
| Net charge-offs (annualized) | 1.02% (p86 of band) |
| Loans / shares | 63% (p58 of band) |
| Cash / assets | 42.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.76% (p81 of band) |
| Operating expense / assets | 3.69% (p52 of band) |
| Vehicles % of loans | 67% (p58 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p86 of band) |
| Vehicle delinquency | 0.87% (p62 of band) |
| Vehicle NCO | 0.58% (p82 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 1% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 42% |
| Certificates % of member funds | 19% |
| Average share balance | $5,162 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $4,040 |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 12% |
| Average loan balance | $9,673 |
| Loans granted, annualized | $6.4M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $4,040 outstanding purchased (0.1% of net worth), $0 sold and retained. Sold in 0 and bought in 2 of the last 8 quarters. Shares 5.4% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 0 |  | thin capital |
| 2017-03 | 2 | thin capital, delinquency rising |  |
| 2017-06 | 1 |  | delinquency rising |
| 2017-09 | 0 |  | thin capital |
| 2017-12 | 0 |  |  |
| 2018-03 | 2 | thin capital, members leaving |  |
| 2018-06 | 3 | delinquency rising, auto monoline | thin capital |
| 2018-09 | 3 | assets shrinking | members leaving |
| 2018-12 | 1 |  | delinquency rising, assets shrinking |
| 2019-03 | 3 | delinquency rising, members leaving |  |
| 2019-06 | 1 |  | delinquency rising, members leaving |
| 2019-09 | 2 | members leaving |  |
| 2019-12 | 2 |  |  |
| 2020-03 | 1 |  | members leaving |
| 2020-06 | 2 | net worth falling |  |
| 2020-09 | 2 | delinquency rising | net worth falling |
| 2020-12 | 3 | margin squeeze |  |
| 2021-03 | 5 | thin capital, net worth falling |  |
| 2021-06 | 4 |  | margin squeeze |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 3 | delinquency 2x band | thin capital |
| 2022-03 | 1 |  | delinquency rising, delinquency 2x band |
| 2022-06 | 1 |  |  |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 2 | assets shrinking |  |
| 2023-12 | 3 | delinquency rising |  |
| 2024-03 | 2 |  | assets shrinking |
| 2024-06 | 1 |  | delinquency rising |
| 2024-09 | 2 | delinquency rising |  |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 2 | delinquency rising |  |
| 2026-03 | 2 |  |  |

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

- 2025-04-08 [Best Banks and Credit Unions in Michigan 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMijwFBVV95cUxNemE4TFFGZFhsWDVlS2JUR2JKYzY1YzJseVY1a0hOU0ZPV3lEZFBYSExYYTdpS245ZURXUUJzVi02Y041ZDFfLUY4SWhIUUlvMl9FVGlRc04wQm5HbHRBWDREejBYQUs4MEs2WGFCci1UdWxXc3JESDAxX0M2cmNnLWxlVEcwdTdTRHd0OUdYaw?oc=5) · Newsweek Rankings
- 2020-04-20 [Michigan Farm Bureau Insurance gives back to members during pandemic. - MasonCountyPress.com](https://news.google.com/rss/articles/CBMiswFBVV95cUxQYUlWNWVaY0NHb1dRUnFNdURfcGlPMjdxYnhGclR5dHJQTmpNSVNia3ptY0xXcEFzcjREYVBsaFBoSndiV0NQTG9GWUI5cnNCRTB3SW5vLTUtQjh2MGVzNEJWdkhSNkhNdHB0OURCTnRJSTBqc2VpYjNZdjAwaFNabHRRZTZLSnZ2NWxhenZOd2lRcWcyNW1YUG9lZkllZmtlYW1pTnBNQ1dwU2lLYjNab243bw?oc=5) · MasonCountyPress.com
- 2021-09-22 [Google Pay growth continues to explode, with dozens upon dozens of new banks signing on - androidpolice.com](https://news.google.com/rss/articles/CBMijAFBVV95cUxQRjVBSkRYUnhSaHFFUTJvZGt2X0R0RnZtcWp6MUUtQjR3R3RXNmc1Umo4Q3NaV0VKVVpsYTRCSVkzb0dfdmhWS05ZWnpQYWh6d3gzc0VVVzBCYXM0MnBCbG9kekdMdnBfZk9selhhTkhDV2pCMGxUNXVlNG5wMmpodURVQWxjanVxT0VhYQ?oc=5) · androidpolice.com
- 2024-06-19 [Velma Ann McCarrick Obituary (2024) - Lansing, MI - Palmer Bush & Jensen Family Funeral Homes - Delta Chapel - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxPNnVvTTRCT0ZvUE9fRWVfZE1HdWplZTdTak9fRklhVmpESjFrQUdpVUxLLW9lSGdqbFc0ekxmT1ZCcl9RU3lEYVJLRlFpM1hnYUVxVWFlbUNlVlYzMi1RYkY2WDVjNWNpOVcwX1M0eTBmWUp1cnItd3RMX05XN3p3Vzk4T2w?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62330 (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/58.json (key "62330", 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=62330
- 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