# DAKOTA WEST
WATFORD CITY, ND · NCUA charter 62380 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/dakota-west-62380

Who the members are: state charter, organized 1941. 7,200 members of 351,983 potential (2.0% of the field); checking penetration 77% (share draft accounts per 100 members); loans per 100 members 96.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $339.2M |
| Members | 7,200 (1.7% YoY) |
| Full-time staff | 53 |
| Net worth | $45.1M |
| Net worth ratio | 13.3% (p75 of band) |
| ROA (annualized) | 0.73% (p54 of band) |
| Total delinquency | 4.28% (p100 of band) |
| Net charge-offs (annualized) | 0.10% (p14 of band) |
| Loans / shares | 54% (p11 of band) |
| Cash / assets | 14.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.21% (p27 of band) |
| Operating expense / assets | 3.08% (p25 of band) |
| Vehicles % of loans | 10% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 9% |
| Third-party paper % of net worth | 11% (p28 of band) |
| Vehicle delinquency | 0.74% (p62 of band) |
| Vehicle NCO | 0.45% (p40 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 180% |
| Core shares % of member funds | 76% |
| Certificates % of member funds | 24% |
| Average share balance | $20,132 |
| Participations bought / yr | $14.0M |
| Participations sold / yr | $0 |
| Participations outstanding | $49.3M |
| Loans outstanding per 100 members | 96% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $23,204 |
| Loans granted, annualized | $65.2M |

## Participation posture (from the same filings)

Bought $14.0M and sold $0 in the latest annualized quarter; $49.3M outstanding purchased (109.2% of net worth), $1.4M sold and retained. Sold in 1 and bought in 8 of the last 8 quarters. Shares -1.7% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)

## 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 | 1 |  |  |
| 2017-03 | 3 | members leaving, loan book shrinking |  |
| 2017-06 | 3 |  |  |
| 2017-09 | 3 |  |  |
| 2017-12 | 3 |  |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 1 |  | members leaving, loan book shrinking |
| 2018-09 | 1 |  |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | delinquency rising |  |
| 2019-06 | 2 | loan book shrinking | delinquency rising |
| 2019-09 | 4 | delinquency rising, members leaving |  |
| 2019-12 | 2 |  | loan book shrinking, delinquency rising |
| 2020-03 | 2 |  |  |
| 2020-06 | 4 | net worth falling, delinquency rising |  |
| 2020-09 | 2 |  | net worth falling, delinquency rising |
| 2020-12 | 2 | margin squeeze | delinquency 2x band |
| 2021-03 | 1 | delinquency 2x band | members leaving, margin squeeze |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 0 |  | delinquency 2x band |
| 2022-03 | 1 | net worth falling |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | delinquency 2x band |  |
| 2022-12 | 1 | delinquency rising | net worth falling, delinquency 2x band |
| 2023-03 | 0 |  | delinquency rising |
| 2023-06 | 1 | delinquency rising |  |
| 2023-09 | 1 | assets shrinking | delinquency rising |
| 2023-12 | 1 |  |  |
| 2024-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2024-06 | 2 |  | assets shrinking |
| 2024-09 | 0 |  | delinquency 2x band, delinquency rising |
| 2024-12 | 1 | net worth falling |  |
| 2025-03 | 3 | delinquency 2x band, delinquency rising |  |
| 2025-06 | 2 |  | net worth falling |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 |  |  |
| 2026-03 | 1 |  | delinquency rising |

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

- 2021-01-22 [Man arrested for robbing Credit Union Bank in Bowman - KFYR-TV](https://news.google.com/rss/articles/CBMikAFBVV95cUxPejZ0SGdHejczNjFFR3NkUXUwWkVzajg1ZURPWjJOdHhMdTRvNjhSdllOUjhZRlM5YnFaZVpLVkU4Z1F3Z3A5QUxjajkzYzdiSG5MZGo2UjFBTlhlakplakxDWFUxTzJENHJHc2FyUUNGd3JtdFdrNlo3WWRzOHVPZ3V4R3lMMGY1U1h4eGMzVi3SAaQBQVVfeXFMT2NPdWNjd3R2eUF3NVdIMWpsNldBQTZvd0U4RUVOT3J6MENJbWNwVkU5NFRXbjk3UkZzN0M5MGY1NFJPY1NEMThETHdMaU9ibXMyX2VhYmxJUHJnemRkaVltUURwdjNkbzBsU2dRSXRtNHdSejBUdnZQVUFPRHplRGdDUWJFanhRUkNDVzRqa0ZZVGRBOFNSRnNXVlNqNEpINXB0THg?oc=5) · KFYR-TV
- 2019-01-02 [De Novo for the New Year: Mi BANK Teams Up with Fiserv - Finovate](https://news.google.com/rss/articles/CBMigAFBVV95cUxOS0s1dXM1ZFBGd1BqZ0VVd0llcXV2c25MTlNRUTA1TTRNV3ItUndqb1U4TVZJaDUyUXZlbF9qQklvS0JiaVJZM2Vla3B6dWVjV2V6SWpvc3RYekg4Q2sweGl5eGVRaHBwUENuLTd2aW04WHd2VnEyV1NrcFRPbVNWdA?oc=5) · Finovate
- 2014-04-02 [Zubke, Voigt file to run for District 39 - The Dickinson Press](https://news.google.com/rss/articles/CBMihAFBVV95cUxPbDVubU9ubVFQaW9tS3EzaWpUcVk1OTBiaENndkpoTzN3cE1MVXlXbHZTVGR0MDI0OW5xOEhtcXlLRTlEMS1jSm9jTnJTTGlWZi00dENlY2JDclJ0bFhKTWVzNEJsb2k4c0pRUVo5SDQ3ajBZOTQzSUJmWXhocWNWcjdVVkk?oc=5) · The Dickinson Press
- 2009-12-17 [Todd Horob Sentenced in U.S. District Court - Department of Justice (.gov)](https://news.google.com/rss/articles/CBMifkFVX3lxTFBmYk12alNPcVFjdzl4TFZaY0pEVGZic0RaUVRwMm1CVUVjUXdmdDRjaFIyc1gtbkJwelZkUnlLWmN1TXJmNzBUalZ0Sy1lWks4UWhJTnYxNk9BTlFzbXFzNHQxalNRWlJGdl9HRkNURHNMSDh0NFo5SXFOTWxHdw?oc=5) · Department of Justice (.gov)
- 2022-05-23 [Joel Kolle - Boulger Funeral Home](https://news.google.com/rss/articles/CBMiXEFVX3lxTE1JUlpEbHYtWFJJN0x2dmk0NXQtOVR2RW9iVDF6aFdxblZCWDJQSTdZaXVzUHhLTjZwbnVVblZfM21xVGUzQm1xVmhvQXYwTTVSUWkwcHZYeFZZUzUz?oc=5) · Boulger Funeral Home
- 2023-04-22 [James Holsten - - Minot Daily News](https://news.google.com/rss/articles/CBMickFVX3lxTE9WNG1OR0M5ZWVjZGJ2SVNtcEdub0hYdEhUdXFaUmhPSUQ0Ukx6N0lCUmFFQXc3X2FCUkxfb0ZCTHR2N1MtVUNDTWhVa3k1bDdlcUF0c09Od3NCdkE1dW1uX0cybmJ2WXdVWDR3bXY1U2Fydw?oc=5) · Minot Daily News
- 2025-07-28 [Capital A’Fair brings food, fun, and art to Bismarck - KX News](https://news.google.com/rss/articles/CBMilwFBVV95cUxPSk9aeXRhaVE4eHdlV0QyNVZ5dE5ydl9ram1obW9aMDdNVzNBeGkzZ1JESTBzdzktR3lwT001UEllcHNCTVNrWk5YN28wNUw3YW9DLW1PSjRxR1R6clNaRXU4LVhpVUhIOU5uai1YeE9KdjdBWEV6Szl3S2RJazdpNjdvcUs0MXNkekFrT0IzUTl1c2R1Y1dJ0gGcAUFVX3lxTE8zaUFiT3lsdFNYT2pxdzdxN0d5WTFuX1ZPWDRvTnpTdWpVaFJmOExtd1NwRV9rSlNiUldIOXhIbWpWMm9ObUp3bno0eDN1YW8zcDh5cmllOG1scFFaMU44NEwyVjRxM2FQcDlhZFFud1FmOVB1clBGblBSX3pZN3RLZkJ5clBHN0NzM2FqLUZLTE1TQVliQ212c3djeQ?oc=5) · KX News
- 2022-06-13 [Best Angus and Quarter Horse Ranch survives drought and blizzards to continue Badlands tradition - Agweek](https://news.google.com/rss/articles/CBMixwFBVV95cUxNSWltd0UzcHd4Tk1tNDJlN1FZSk01T1h5cGlwZk1ObFkzQ3RQcjRMcTFIMnZhY2I2dk9BNmdEci1qVVVidGctLWpiRXU2SVdmUEJkbkxGZUV5VGMyYmxzbTlsdXJiUWJQa0tueHMyV1ZQdTdfTno4VTdnTVFDXzE1dmNYNW5scVZBRUJtRHdNelJfaU5KTzVpblJOWWo2bVVERVluV3hDcm9LSDVGcUx5YzFpS04yWGk5V28zYWh6T3JPQnpCcWxR?oc=5) · Agweek

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62380 (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/44.json (key "62380", 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=62380
- 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