# TOWN AND COUNTRY
Harlan, IA · NCUA charter 65168 · asset band <$50M · latest filing 2024-09 · stopped filing after 2024-09 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/town-and-country-65168

Who the members are: state charter, organized 1939. 3,002 members of 54,000 potential (5.6% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 61.

**Verdict on the desk:** this could be *stressed*. Composite score 13 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $32.9M |
| Members | 3,002 (-7.4% YoY) |
| Full-time staff | 11 |
| Net worth | $1.4M |
| Net worth ratio | 4.4% (p0 of band) |
| ROA (annualized) | -4.80% (p1 of band) |
| Total delinquency | 3.02% (p86 of band) |
| Net charge-offs (annualized) | 1.87% (p93 of band) |
| Loans / shares | 81% (p75 of band) |
| Cash / assets | 18.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.55% (p38 of band) |
| Operating expense / assets | 6.06% (p92 of band) |
| Vehicles % of loans | 46% (p30 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.65% (p55 of band) |
| Vehicle NCO | 3.17% (p97 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 98% |
| Core shares % of member funds | 52% |
| Certificates % of member funds | 48% |
| Average share balance | $5,198 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 61% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $13,783 |
| Loans granted, annualized | $6.4M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 1 | loans>95% of shares |  |
| 2016-09 | 2 | delinquency 2x band |  |
| 2016-12 | 3 | net worth falling, leaning on borrowings | delinquency 2x band |
| 2017-03 | 3 |  |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 |  |  |
| 2018-03 | 4 | losing money, delinquency rising |  |
| 2018-06 | 3 |  | losing money |
| 2018-09 | 2 |  | delinquency rising |
| 2018-12 | 3 | delinquency rising |  |
| 2019-03 | 2 | net worth falling | leaning on borrowings, delinquency rising |
| 2019-06 | 2 |  |  |
| 2019-09 | 3 | thin capital, delinquency rising | loans>95% of shares |
| 2019-12 | 5 | margin squeeze, delinquency 2x band |  |
| 2020-03 | 5 |  |  |
| 2020-06 | 5 |  |  |
| 2020-09 | 1 |  | net worth falling, delinquency rising, margin squeeze, delinquency 2x band |
| 2020-12 | 1 |  |  |
| 2021-03 | 1 |  |  |
| 2021-06 | 1 |  |  |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | assets shrinking |  |
| 2022-03 | 4 | losing money, expense trap |  |
| 2022-06 | 3 | delinquency 2x band, delinquency rising | assets shrinking, losing money, expense trap |
| 2022-09 | 2 |  | delinquency 2x band |
| 2022-12 | 3 | delinquency 2x band |  |
| 2023-03 | 4 | losing money |  |
| 2023-06 | 1 |  | thin capital, delinquency rising, losing money |
| 2023-09 | 1 | delinquency rising | delinquency 2x band |
| 2023-12 | 3 | thin capital, losing money, assets shrinking | delinquency rising |
| 2024-03 | 6 | capital below 7%, net worth falling, margin squeeze | assets shrinking |
| 2024-06 | 11 | charge-offs p90, repo signal, assets shrinking, members leaving, loan book shrinking |  |
| 2024-09 | 13 | expense trap, delinquency 2x band, delinquency rising | repo signal |

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

- 2022-08-24 [Town and Country Bank merges with Bloomington-based financial firm - The State Journal-Register](https://news.google.com/rss/articles/CBMixwFBVV95cUxPbndlT2E3NmxhOXQtLVZhaHBhVkxlZ3c2N3UteEIxSFlGdWMyZkJqcGtUeFpPQWp3Q0VXMnJCM3M2TXRoOHFYbWtLdW9ULUdBb2lFSjVZMnR4ZklIeGxVekRVLTBBdjFiZVNXSXByVVU0OXJ6OTNwQTlFRVRCTVI2MExKSzJ1UG8zR29vVTFhT2hnNVhKdlJMMDBRbmpxMlQxRHBRWEtNTjVEdTN2Q2pqNnVnMXAxdHUyZ0syZ2xUeUtza0U4UnQ0?oc=5) · The State Journal-Register
- 2022-03-07 [Jeremiah Kossen appointed New CEO of Publix Employees Federal Credit Union - CUInsight](https://news.google.com/rss/articles/CBMitgFBVV95cUxNZ180blRjQVdEbTBmLWtnV1ZUX2FGX04wdkFTRkVSQm5ENWttaEt1ZjI3NGZkNE5NUFFMVXcxb21DRzdOQThmWWhmV1FVcnljWURqRHZhLXRTSEVfSElYZXBMSmpNT01rN0ZzOHQyQ3l2SVV0THF0RDRLNVctOFE0WTM0Q0xrdlY2WUhTaUxCSmFMZ1NqME82YjNIZGlHQk5EYWE0MFV6NWhnWHI0bnY5SG5raGNqQQ?oc=5) · CUInsight
- 2023-01-05 [How you can support the family of Officer Patrick Blanchard - KFYR-TV](https://news.google.com/rss/articles/CBMikAFBVV95cUxQT28xMGlVVzNsTU1OeldrUzBPYjM5eEZTc2RUVUcwUW05TGZUNEtCcTVNVjhvQktUWExlZWc3WURzaEJFUzhVbWRILW5kRUVOa2tlZjNMN1I1SVF5VFhaeDFrT2dNME5GSTdGTFNtZkR6eEdkUlNDYmRzY3RtOXJybUNrS01ENFIycHBrOU51NlrSAaQBQVVfeXFMUHdaUkFPOVpZcGNTT3FmU20yV1RPemVkNVZOQkNLMkZyNXFoLXB1UDBwNXp5dWhDZHRCdjNCWlU3Y29QUTRZb0VhUW9MbUZpbTJKT2tYdjRDNFpKclB0YUtfc0Jjb1FjOXZhbTQ5bEJiM0ZETE5tVlRTaDBwbENQbG81UU5MWnNYVnptNzAybmJPTWVGRVNyMnRNM2xucTY0ZHlXbDA?oc=5) · KFYR-TV
- 2026-01-06 [Mary Wilsbach Obituary (2026) - Harrisburg, PA - PennLive.com](https://news.google.com/rss/articles/CBMikwFBVV95cUxPRzU1NXJlTWxteG9CTDBfaV9fdkgyVEtZSmJIWDlUOGJpRlFUZV9RM0hicVJ4ZUVxd1ZSSDlVVjVmUHlzTW1VMVZ6TW81T2FJOHJ1NkU4WkQ1REdLay1NWGJubWktaXJJWWctb2VpbjVaWEszcjFORHp0SXN6OGF2MVpvQ0NfNHJXSFpTQlZtNkZkU0U?oc=5) · PennLive.com
- 2026-01-19 [138+ Places You Can Get Your Credit Score for Free (2026 Update) - nav.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxOdDFyWXdfR2J2ZG5FM0FwcEVLLTFsRDZNZElWNFNOemRVTGNkWFRiVUNSWVBBYmlzdG5PNjhkNjdwQ25fZEtwTkJzejZ3YzZZUmRXa0tzSUQ4MXNGcDBKYUR4SzN4TEYzODhQVXZMLW5vSU1pQ0I4LUN6dUhqRFA2LS1vcmx1Wm5SUEE?oc=5) · nav.com
- 2023-03-15 [Obituary information for Patrick A. Blanchard, Jr. - Thompson-Larson Funeral Home](https://news.google.com/rss/articles/CBMihAFBVV95cUxPZ0tiQ1h3RFdqbHRuTnRlLWhrZnI2RVB6a1YwMjRGY0FnSUtVNHkyakltNGk4T1ZRNWwzcnh2T1Z3bThHSGwzQXh0TncxcDdLa185ZEdCN0d0bnJPeGUtTnYzaEtRN0NVSmZCTGEySUZLTlpISFZnaVAtNE9nSnktOTV3NUw?oc=5) · Thompson-Larson Funeral Home
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65168 (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/16.json (key "65168", 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=65168
- 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