# WHEAT STATE
Wichita, KS · NCUA charter 63211 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/wheat-state-63211

Who the members are: state charter, organized 1963, low-income designated. 3,749 members of 50,000 potential (7.5% of the field); checking penetration 42% (share draft accounts per 100 members); loans per 100 members 56.

**Verdict on the desk:** this could be *stressed*. Composite score 9 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $22.5M |
| Members | 3,749 (9.1% YoY) |
| Full-time staff | 8 |
| Net worth | $1.9M |
| Net worth ratio | 8.3% (p6 of band) |
| ROA (annualized) | -1.43% (p8 of band) |
| Total delinquency | 2.09% (p79 of band) |
| Net charge-offs (annualized) | 1.33% (p89 of band) |
| Loans / shares | 98% (p95 of band) |
| Cash / assets | 11.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.70% (p94 of band) |
| Operating expense / assets | 7.58% (p95 of band) |
| Vehicles % of loans | 67% (p59 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 29% |
| Third-party paper % of net worth | 204% (p99 of band) |
| Vehicle delinquency | 2.10% (p81 of band) |
| Vehicle NCO | 0.65% (p83 of band) |
| Repossessed % of vehicle book | 0.49% (p97 of band) |
| Real estate % of loans | 10% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 25% |
| Average share balance | $3,524 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 56% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $9,365 |
| Loans granted, annualized | $6.5M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)
- **assets shrinking** (`shrink_assets`)
- **loans>95% of shares** (`str_ltos`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 4 | thin capital, expense trap, delinquency 2x band, auto monoline |  |
| 2016-06 | 4 |  |  |
| 2016-09 | 4 |  |  |
| 2016-12 | 8 | net worth falling, losing money, repo signal, loans>95% of shares |  |
| 2017-03 | 10 | capital below 7%, delinquency rising | loans>95% of shares |
| 2017-06 | 10 | 3rd-party paper>100% NW | repo signal |
| 2017-09 | 9 | charge-offs p90 | net worth falling, delinquency rising |
| 2017-12 | 12 | repo signal, assets shrinking, loans>95% of shares |  |
| 2018-03 | 11 |  | delinquency 2x band |
| 2018-06 | 11 | delinquency 2x band | repo signal |
| 2018-09 | 11 | repo signal | losing money |
| 2018-12 | 9 |  | capital below 7% |
| 2019-03 | 8 | delinquency rising | expense trap, assets shrinking |
| 2019-06 | 9 | expense trap, assets shrinking, members leaving | repo signal, delinquency rising |
| 2019-09 | 9 |  |  |
| 2019-12 | 7 |  | 3rd-party paper>100% NW, assets shrinking |
| 2020-03 | 6 | net worth falling, margin squeeze | charge-offs p90, loans>95% of shares, expense trap |
| 2020-06 | 6 | expense trap | members leaving |
| 2020-09 | 6 | repo signal | net worth falling |
| 2020-12 | 6 | members leaving | repo signal |
| 2021-03 | 9 | net worth falling, charge-offs p90, 3rd-party paper>100% NW |  |
| 2021-06 | 7 |  | margin squeeze, net worth falling |
| 2021-09 | 7 | loans>95% of shares | charge-offs p90 |
| 2021-12 | 7 | charge-offs p90 | thin capital |
| 2022-03 | 7 | repo signal | members leaving |
| 2022-06 | 6 |  | repo signal |
| 2022-09 | 7 | repo signal |  |
| 2022-12 | 6 |  | repo signal |
| 2023-03 | 7 | thin capital, losing money | charge-offs p90 |
| 2023-06 | 6 | charge-offs p90 | thin capital, losing money |
| 2023-09 | 6 | repo signal | loans>95% of shares |
| 2023-12 | 8 | delinquency rising, assets shrinking, loans>95% of shares | repo signal |
| 2024-03 | 10 | thin capital, losing money |  |
| 2024-06 | 10 | repo signal | thin capital |
| 2024-09 | 9 |  | delinquency rising |
| 2024-12 | 8 |  | repo signal |
| 2025-03 | 7 | thin capital | assets shrinking, loans>95% of shares |
| 2025-06 | 7 | loans>95% of shares | thin capital |
| 2025-09 | 8 | thin capital |  |
| 2025-12 | 8 |  |  |
| 2026-03 | 9 | repo signal, assets shrinking | charge-offs p90 |

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

- 2023-06-29 [Wichita man stole $23,000 from U.S. government last year, indictment alleges - Wichita Eagle](https://news.google.com/rss/articles/CBMibkFVX3lxTE4wUnh2S3p6X0NJSE4xaDBwbFZodmMtQW5DY1c0b0tPWU9kYndHNXpkVmEzdHppQkUxYUhra0dzSlZ6THlqRUxjbF9SbUd1enMxZmNDc2tscF9BQU9ueFRFNlBJTC1YaV8teEIyODl30gFuQVVfeXFMTldNWWNlSEJFNVhVSmlnQ2tEaC1PcndPVHZXWng0TlVORjM3SGdSN1dLenZEb2FNdGFpS01wTU1WRTg5c2FlSFJCZU5YNDU2ZkppSS1lU0VrZWJHNktLNThkM01aNU0ybnFjVl9aZHc?oc=5) · Wichita Eagle
- 2018-09-26 [Park City man pleads guilty to brandishing firearm during credit union robbery - KSN.com](https://news.google.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?oc=5) · KSN.com
- 2018-01-10 [Park City man charged in Wichita bank robberies - KSN.com](https://news.google.com/rss/articles/CBMihgFBVV95cUxQX2ctRC1sMHpYbXJuYVhFTGxUZUE5bXVrUGUyX256cU5fWHp2eG5NODVwOWhzdzREWmlLRVpHb2plekgwYVY2NUoxTzNFOGh3bW1OWWJrT0cxOWI0ZV8xb3VLMlFWakxxbnRzdTNRZ2RfUGpuSWpHQnhVbUk1TGhKR2lPY1QyQdIBiwFBVV95cUxOY3lmcUJzd2d2UUlNM1lOSnp6Q0h2Z2NoYTVza3hEbDJlejBYcEVtd0g2QW4zaUFHcDBQUWprcTh4TDljQmJhRVNUZHN6SVBYTTg0bGs4aGUxTUVVMmsyU2lTNWdPT1RTaTFtYXRTcXFoQ214U0Voa0VkVzh3YmZXQ01jLTlMcFUzVlZB?oc=5) · KSN.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63211 (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/43.json (key "63211", 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=63211
- 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