# MIDWEST COMMUNITY
Sioux City, IA · NCUA charter 63494 · asset band <$50M · latest filing 2023-06 · stopped filing after 2023-06 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/midwest-community-63494

Who the members are: state charter, organized 1955. 3,098 members of 90,000 potential (3.4% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 39.

**Verdict on the desk:** this could be *ordinary*. 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 | $43.2M |
| Members | 3,098 (-2.8% YoY) |
| Full-time staff | 6 |
| Net worth | $3.1M |
| Net worth ratio | 7.3% (p5 of band) |
| ROA (annualized) | 0.29% (p34 of band) |
| Total delinquency | 0.08% (p25 of band) |
| Net charge-offs (annualized) | 0.28% (p69 of band) |
| Loans / shares | 30% (p15 of band) |
| Cash / assets | 10.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.13% (p11 of band) |
| Operating expense / assets | 2.13% (p18 of band) |
| Vehicles % of loans | 55% (p40 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p17 of band) |
| Vehicle NCO | 0.18% (p72 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 37% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 83% |
| Certificates % of member funds | 6% |
| Average share balance | $7,741 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 39% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $10,060 |
| Loans granted, annualized | $4.9M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **assets shrinking** (`shrink_assets`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | thin capital |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | members leaving |  |
| 2018-03 | 3 |  |  |
| 2018-06 | 3 |  |  |
| 2018-09 | 4 | assets shrinking |  |
| 2018-12 | 1 |  | thin capital, delinquency rising, members leaving |
| 2019-03 | 1 |  |  |
| 2019-06 | 0 |  | assets shrinking |
| 2019-09 | 0 |  |  |
| 2019-12 | 0 |  |  |
| 2020-03 | 2 | net worth falling, delinquency rising |  |
| 2020-06 | 2 | thin capital | delinquency rising |
| 2020-09 | 2 |  |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2021-06 | 2 |  | delinquency 2x band, delinquency rising |
| 2021-09 | 2 |  |  |
| 2021-12 | 3 | losing money |  |
| 2022-03 | 5 | capital below 7%, margin squeeze | losing money |
| 2022-06 | 5 | losing money | margin squeeze |
| 2022-09 | 5 | delinquency rising | losing money |
| 2022-12 | 3 |  | net worth falling, delinquency rising |
| 2023-03 | 3 |  |  |
| 2023-06 | 2 | assets shrinking | capital below 7% |

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

- 2023-07-20 [Siouxland Federal Credit Union & Midwest Community Credit Union announce merger - KTIV](https://news.google.com/rss/articles/CBMirwFBVV95cUxQejdfd3lEMEdUNnFCZy1rbENSR01MQ1Q1bFVMZWs5WjI0bGpheC1aYURKVEtyU2VQRzM4NTQ5VEQ3bHFQWktLREdPcGpvYmJoM2c2SEVkdnBVbG45Mzk0bmpMMVVTbnh4TkFkTFNPZ0J4dzdCbzlVdkx0QmwwM2JwYVRvY2dBcVl3V3lwdWNBVVFoSVpoVkdFSVFsaFY3MEE0Ni12SDRMZ3ZzZXpoU3lz0gHDAUFVX3lxTE5zRHdhcnFSSGlOVGtRek9ITjNDSHZGLXdBZW9lY2tpUXNwRVFKOU5JSGQwQjhYVmRNdi04REtWSVNESFVDdEl2MjJNb0FmMmdIR05RbWNQNUdMVm1ldTh6WFVtOTdnMkZuZXYyaDh2aFoxeTcxVDE2UENJTXVoZWdRdVlzTEFZVmwxRnAxUTVlRTRCSWV6ZlU1V3ZUTVh4WV9YQ0dfZk9yLVotOFJJZnVGdmNnRFc4WHNRQVFpWW94QVF4SQ?oc=5) · KTIV
- 2021-10-27 [GreenState Credit Union broaches Chicago in its 3rd bank purchase this year - Banking Dive](https://news.google.com/rss/articles/CBMitwFBVV95cUxORXcyaFdQWFBiQXlrcjkxNHg4OFdKaHJUVzlxcENmM3U0WmpyUHE2TnhfOWlwNmRSX2xtcWRNeGdXT3JCOHhvQVJxSkNSMmxfMkZJUGZWTVdsdnl5WUoyeDlieFQzQTZiQ1czZTdXSHZDRU9ybVFua0lfSnZVdmU1bmR1Mi1PQ09ZY2taY09GTmNVcGNMN0l6aG4zVTdSWktSeVpMNklOaHhBVU9lZFd0dHhNcl9kUms?oc=5) · Banking Dive
- 2021-10-26 [GreenState Credit Union in Iowa buying another bank - American Banker](https://news.google.com/rss/articles/CBMipwFBVV95cUxQc2FvQ1RuWjdQYWhTWGh0X2JORU5PWDVta1dwcFo0end2R2xCVVM3VVM1djJGbENtYTIwMmNKX3dsWlRvNG1HSHliVDMwVkpDcGhhZVk0TjduTWhFOV9KdE5iWjlDVnQ0N1FCQnRhUHIwNEM0MWJ5OWgyMFlnanpQNWxJNndvbV9GRm8wS1doQ3kyaWRXZnZRdXhSV2h1czBnQk16V1ZHMA?oc=5) · American Banker
- 2021-12-17 [Blueleaf Lending acquired by GreenState Credit Union - Chicago Agent Magazine](https://news.google.com/rss/articles/CBMingFBVV95cUxNQm5hZHRhYWR4aFBRUnpjdmdnSnpGekNEd1VXcEVqTW1EeDlObUF1anFEME1XZ1picldQblFyR01CS0l3NEV3UUVhZkFkZm5NUVNjS3k1S0lxM3JBa0xkTVJGNmVnOS1MYVd4TkxLQUxJMkxIdlVXVG9tTEJ3Tlo5MzRmRXZFZ1FHN3c0RzdoNlN5NWhfVzdvdVRXbHNjdw?oc=5) · Chicago Agent Magazine
- 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
- 2022-04-28 [Wisconsin credit union targets Illinois bank in 6th such tie-up of 2022 - Banking Dive](https://news.google.com/rss/articles/CBMisgFBVV95cUxPM3AzQ20zN1A2bEMtcXpTUWgxMlRPRmEyQ0RyTUhHU0RCb25GYXEwY1BFTGlFa1hiejNUWUJPcGg1c2VfOEJoYnJwT215UnQ4S2ZkSFNvV01PWnRGX1BRSUlzTUpyTTZGeUhDVFl1SmFzX3BDZkg2cXo5SUtpamZvdVRLYjNDS0dVQWU1LThCc1lmUXRzXy1IS2dpdnFHSFVDVDBPME9NMWxmRFRYU201eHlR?oc=5) · Banking Dive
- 2014-07-12 [Patricia Anne Berding Obituary Jul 12, 2014 - Miller Funeral Home](https://news.google.com/rss/articles/CBMiYkFVX3lxTE9zWUNIaEp2MHZpazdhaVA5NVhLanotZDZTQVZ1VGR3dFpoYzhKdHB5M2dJVml4RkRDbjFFUkwxQVhOdDNQNEg2ZHViVEdMbjhJeUlOS0V3VjBPc204dkpIQTJR?oc=5) · Miller Funeral Home
- 2018-07-11 [James A. Chartier Obituary Jul 11, 2018 - Meyer Brothers Funeral Homes](https://news.google.com/rss/articles/CBMiYEFVX3lxTE1QZHVuUV8tRGZ3YkhOSld2VTFPUFVHdVpTbDdNVldKd3JpdWlQY1lOUHNKRUpWdUxWbEdOQUlXaEdJenZ4ZjExVFNMbzBEV3F6aHFYY3JvZE9YY1B0TnRNeg?oc=5) · Meyer Brothers Funeral Homes

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=63494 (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/6.json (key "63494", 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=63494
- 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