# FARMERS
HAYS, KS · NCUA charter 62580 · asset band <$50M · latest filing 2022-03 · stopped filing after 2022-03 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/farmers-62580

Who the members are: state charter, organized 1953. 1,009 members of 5,000 potential (20.2% of the field); checking penetration 45% (share draft accounts per 100 members); loans per 100 members 29.

**Verdict on the desk:** this could be *too clean*. 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 | $16.4M |
| Members | 1,009 (0.2% YoY) |
| Full-time staff | 3 |
| Net worth | $1.5M |
| Net worth ratio | 9.4% (p28 of band) |
| ROA (annualized) | -0.06% (p34 of band) |
| Total delinquency | 0.01% (p21 of band) |
| Net charge-offs (annualized) | 0.26% (p77 of band) |
| Loans / shares | 37% (p33 of band) |
| Cash / assets | 55.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.33% (p52 of band) |
| Operating expense / assets | 2.70% (p44 of band) |
| Vehicles % of loans | 35% (p22 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 36% (p92 of band) |
| Vehicle delinquency | 0.02% (p41 of band) |
| Vehicle NCO | 0.07% (p81 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 12% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 145% |
| Core shares % of member funds | 84% |
| Certificates % of member funds | 8% |
| Average share balance | $9,139 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 29% |
| Loans granted per 100 members, annualized | 14% |
| Average loan balance | $18,629 |
| Loans granted, annualized | $2.6M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 2 | net worth falling |  |
| 2017-03 | 2 |  |  |
| 2017-06 | 1 |  | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 3 | net worth falling, members leaving |  |
| 2018-03 | 1 |  | losing money, net worth falling |
| 2018-06 | 1 |  |  |
| 2018-09 | 3 | delinquency rising, assets shrinking |  |
| 2018-12 | 3 |  |  |
| 2019-03 | 2 |  | delinquency rising |
| 2019-06 | 1 | delinquency rising | members leaving, assets shrinking |
| 2019-09 | 0 |  | delinquency rising |
| 2019-12 | 0 |  |  |
| 2020-03 | 1 | net worth falling |  |
| 2020-06 | 2 | margin squeeze |  |
| 2020-09 | 5 | losing money, delinquency 2x band, delinquency rising, loan book shrinking | net worth falling |
| 2020-12 | 3 |  | delinquency 2x band, delinquency rising |
| 2021-03 | 6 | net worth falling, delinquency 2x band, delinquency rising |  |
| 2021-06 | 1 |  | margin squeeze, loan book shrinking, net worth falling, delinquency 2x band, delinquency rising |
| 2021-09 | 2 | thin capital |  |
| 2021-12 | 3 | net worth falling |  |
| 2022-03 | 1 |  | thin capital, net worth falling |

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

- 2026-08-24 [KS Bank to bring full-service community banking back to Roseboro - Greater Fayetteville Business Journal](https://news.google.com/rss/articles/CBMiwAFBVV95cUxNSHNlRUgzYlBieWVEQ0lkaEhnUFdNUGFTV2lRV3Z2VDBpTGJLYUx1N1k3eFlyamF5OHRkSWZMUmp5NW1qV0hac3EzZURMZXlrYXN5N0FlaXZoVllyc1dFVkVqb01rX2lYNUFuYzUxby1LZzNNak1hcVV0TWJZYTcwSHp3R2RDRjZiX1gtanM3V1RhZy1MMVpkRkIwRVM4SDRWWF82WE9BUnZiRGNHT2VQODhBU254NldCRi1jLTFXNFg?oc=5) · Greater Fayetteville Business Journal
- 2026-08-02 [Ronald Lee Braun, 83 - hayspost.com](https://news.google.com/rss/articles/CBMicEFVX3lxTE40cF9TUHJGdlpncklTWk1tTGZ4MzBuUi1xTmlEU3Y5Qlo3NmVWeXpScnR5OHlYOGRGNXdhUUFZeTlfTzVCY3VrWXRzOFhMTDFDbzg3SXJuWGtZdHIxSW01bnN2dmJMNzByWm9lSDRJUW8?oc=5) · hayspost.com
- 2026-07-20 [Regulators seize Lenexa bank and transfer deposits to a new institution - The Business Journals](https://news.google.com/rss/articles/CBMirwFBVV95cUxQdmlXUzhMWk9rRWtuUnpzUUdVR1RZc2pSQTdIQ3lzUGFzSlRCVFBNY2NCS3J6Rmd4My1aemotWnNGXzI3MUlPQ1Vwa0pxaGc5YzFfVXhPSGhZVk9pcnBIMkNkMDFVR3RsWWFBMzZ3a21ERjNkbzVaTWNDY1dWcE1Rd3VycUVzZUFCWE1xRDJmRW9RWEgyWGNwaERBM0NQVzlLNWxkdFYxbzhMc19LUUU4?oc=5) · The Business Journals
- 2026-06-17 [Rural Youth Develop Communication Skills, Learn About Ag Careers & Cooperatives During Farmers Union State Leadership Camp - morningagclips.com](https://news.google.com/rss/articles/CBMi5gFBVV95cUxNRG1XSnR2NnVtV05lUXNIbXUwN2xiUnlKMC1ac2JWbXZteDhtZGx4WTF6RFE3MkZ2VjdzVHMwamxpbG5qXy1Vb0drY1o3ODJrOGMwRkM0b1pzVGloR2VicThlSDU2U3RBUGpLS2VqNjBuUmlPZWFBb1dTblFucXlLUTJVSFZWdGFGSm1GZ3dnaG9FWno5N2FMamNhSkpsZVo1MDZETUZUYWl4UFpNb1BRb2NEMXllWjJfMHczbFR3RVJIZVhBcEYyZ2dHMHJHSENsRDdsZ1RnVkpfRTJvaXN2eVRpR2FRQQ?oc=5) · morningagclips.com
- 2026-02-20 [Best CD Rates Today: February 20, 2026 — Earn Up To 5.11% APY - GOBankingRates](https://news.google.com/rss/articles/CBMijgFBVV95cUxOTkw4M1plUWljSkRFTW9QU3RoMEkwbFpiYnVFcURsMGlnLTk4ZG1RT0M5ZU9zRUtYZjRxNjUxRVV5TzVEdHdKVnR5NW5XV0pPNjd6amJxVW5GYjJhYlkzTHViN1YyUEFsS1o0MjI3UGctSjZwd2pNelFwdF9hVEhHRGk4aDljYTVfMHZIbU93?oc=5) · GOBankingRates
- 2025-04-08 [America's Best Regional Banks and Credit Unions 2025 - Kansas - Newsweek Rankings](https://news.google.com/rss/articles/CBMijAFBVV95cUxNUi1lQklMRTNxZVFSdTViLWs1d3JzamdnWjRjNGpoRjNZZzI3YzZ5UndMQ3hoeWloUnNyaU9neFNBbldvVUd0RDFmQTVOOTVBTnFweWVVZjQydnlvSFZ4b0RPX1cyaFNkRzRXVWs0LWllbVg4QlhXS3hVZVhzZHdGOE8zeGFtUnM1dFo0LQ?oc=5) · Newsweek Rankings
- 2023-02-01 [Heartland Credit Union Completes Merger with United Credit Union - Ad Astra Radio](https://news.google.com/rss/articles/CBMiqwFBVV95cUxPRkhGX01uX2stRzhTMnVZMk1wNUVmS05OaHktUTBtVkxUbF9KZnc4dXRKakw0djU2NjVtQ19OOUpvdUNmVkhNeXFZUEJ4bFRsTWhQUmtjOTh4VDNVWEdzc1ZtRVBWYjBuaEVDS1dVRkdiOU1ua0dfcFZDYzVhbXJGSTJHeWFkb2ZhclRzUmJFM3JCbVNDQkVGbngyMG9haG5iREVSc0Z0WmViQ2M?oc=5) · Ad Astra Radio
- 2024-12-12 [Farmers Insurance Federal Credit Union opens branch in Overland Park - The Business Journals](https://news.google.com/rss/articles/CBMirAFBVV95cUxOX3ZRSWRDNGtaNG5SYUFiblhJY1pGSWhXWDBKbzN1V2ZZMmwwWUNiS1VFRnZ6LW1neUVrQV80OGd2ZXJoUkhzOWZlWE51aFNvb1RoYnZQYkxSM1FyamxCUUk2WWFhNWw1V0RqMnNYdGt3WU9US0kwdElVZTlxd0ZWUUhyY19nQXJKZ05yUVM2eXVrQmI5bERUR1dvOGotOEJLSmdzTDJxQzF2enJX?oc=5) · The Business Journals

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62580 (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/52.json (key "62580", 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=62580
- 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