# MORTON
South Hutchinso, KS · NCUA charter 65466 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/morton-65466

Who the members are: state charter, organized 1941, low-income designated. 789 members of 1,000 potential (78.9% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 63.

**Verdict on the desk:** this could be *stressed*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $5.3M |
| Members | 789 (-4.0% YoY) |
| Full-time staff | 3 |
| Net worth | $732,099 |
| Net worth ratio | 13.7% (p43 of band) |
| ROA (annualized) | -0.42% (p16 of band) |
| Total delinquency | 0.62% (p49 of band) |
| Net charge-offs (annualized) | 0.00% (p37 of band) |
| Loans / shares | 84% (p86 of band) |
| Cash / assets | 26.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 5.22% (p89 of band) |
| Operating expense / assets | 7.47% (p95 of band) |
| Vehicles % of loans | 75% (p73 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.35% (p46 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 15% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 9% |
| Average share balance | $3,468 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 63% |
| Loans granted per 100 members, annualized | 38% |
| Average loan balance | $7,721 |
| Loans granted, annualized | $2.5M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **members leaving** (`shrink_members`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 3 | expense trap, delinquency rising |  |
| 2017-06 | 2 |  | delinquency rising |
| 2017-09 | 2 |  |  |
| 2017-12 | 3 | delinquency rising |  |
| 2018-03 | 2 |  | delinquency rising |
| 2018-06 | 4 | delinquency 2x band, delinquency rising |  |
| 2018-09 | 2 |  | delinquency 2x band, delinquency rising |
| 2018-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2019-03 | 6 | net worth falling, margin squeeze |  |
| 2019-06 | 4 |  | net worth falling, margin squeeze |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | delinquency rising |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 6 | margin squeeze, delinquency rising, loan book shrinking | net worth falling |
| 2020-12 | 6 | losing money | delinquency rising |
| 2021-03 | 7 | net worth falling |  |
| 2021-06 | 7 | members leaving | net worth falling |
| 2021-09 | 6 | charge-offs p90 | expense trap, delinquency 2x band |
| 2021-12 | 7 | expense trap, delinquency 2x band | charge-offs p90 |
| 2022-03 | 7 | charge-offs p90 | expense trap |
| 2022-06 | 7 |  |  |
| 2022-09 | 8 | delinquency rising, assets shrinking | margin squeeze |
| 2022-12 | 4 |  | loan book shrinking, members leaving, delinquency rising, assets shrinking |
| 2023-03 | 4 | expense trap, assets shrinking | losing money, delinquency 2x band |
| 2023-06 | 4 | net worth falling, delinquency 2x band | expense trap, assets shrinking |
| 2023-09 | 1 |  | charge-offs p90, net worth falling, delinquency 2x band |
| 2023-12 | 2 | expense trap |  |
| 2024-03 | 3 | losing money |  |
| 2024-06 | 2 | assets shrinking | expense trap, losing money |
| 2024-09 | 3 | members leaving |  |
| 2024-12 | 2 |  | assets shrinking |
| 2025-03 | 5 | delinquency 2x band, delinquency rising, loan book shrinking |  |
| 2025-06 | 4 |  | loan book shrinking |
| 2025-09 | 5 | expense trap, assets shrinking | delinquency 2x band |
| 2025-12 | 4 | charge-offs p90 | delinquency rising, assets shrinking |
| 2026-03 | 5 | net worth falling, losing money | charge-offs p90 |

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

- 2026-06-01 [Luke Bryan Setlist: Get Ready for His 2026 Tour - Ticketmaster Blog](https://news.google.com/rss/articles/CBMia0FVX3lxTFByb1kyWF9wSEhJaElfRFhpUTlLcGNKRU5Sb1N0M0JJQ0pYUUs0OEhkM3FSaFJGMnJPNWhWd194VkFHb3QzR3pjZXRFSGxFZzVOS1RsN0pjbjhpSTVPX1BOemRvUzVBbTlMZHk4?oc=5) · Ticketmaster Blog
- 2026-03-23 [WU-TANG CLAN Announce “Wu-Tang Forever: The Final Chamber Tour” with Bone Thugs-N-Harmony - Icon Vs. Icon](https://news.google.com/rss/articles/CBMigAFBVV95cUxNN3dnb3JIQTQ3eF84dUljRHRzX2pUNDR6d1NjWUV2dXVJaEU4aW9WV3RNYlB5cWs2VzItY3ZYOTZWYlZqMnM4U1pPVnprRGJsMW9EM1ZuLW54b0M4X25nY2tLY3gyV2drU1BWU0FyQlg0SWlPTklsc0N1YUYzV1lYctIBhgFBVV95cUxNc0VvUU11NEdtcGNjMGxJM3RSeHhfTW1iVG1VeWRaQXdzOU82RlZYOXVuUzlpU1cwblJwelNGbk1Uai1sb0JnaXotVk9VaTlXZlg1bkZoaEhyUThHWkhOVDNBSnJKVk55S0tvSWI2b0lrQkhRVkFETGJ5TEJSbktsYjVsZnk2dw?oc=5) · Icon Vs. Icon
- 2025-11-20 [Lester "L.G." Darling Obituary Nov 20, 2025 - Elliott Mortuary & Crematory](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9oSUVrWmEyeHJnY2RRc2RYeFRaSktnUmZkWUhoc0hXV2xXckdqWDRFME03VjgtRHk2dGtYY3FvMHRELTBuaHlzS2NhRkdWM3hHcjV1bk56MmxaRmszbGJIN1ZyOWgwX095?oc=5) · Elliott Mortuary &amp; Crematory
- 2026-08-31 [Here is the setlist for Marilyn Manson's 'Freaks on Parade' tour - - Happy Mag](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPOXgyc1FBSHMteXo4ZGZlUWx5YUpPeEktOVJSRU1WaEI4aGNJcmg4ZDg3WVlkajhuVmFSRU55bXA4ZHItRVk4b0s3YnFwSnVpek1JSDhCaW9rcGo5d3ExbDU2eVdRZzV4VVdTWEFJd0dSWEtZSWFLdDB6bHdwNV8wa1lJNjhzbE05?oc=5) · Happy Mag
- 2026-01-27 [Dave Matthews Band reveals 2026 summer tour dates - Audacy](https://news.google.com/rss/articles/CBMikAFBVV95cUxQZ0xTWFFFa2dyN1U1Umx3NDBjNE53Nzd4b1U3em5jMS13TUl4MkhEOFZTWUlKSnB2a3pfdEw0OTNuWkFsdnZ0cVZJWnJFaVZ1bFdPYVlZVTc2c0xWajNLUWZxaDEzcFpSMDU0cGFCbWpzS0Z1MzlwSlpOaXEtYllJYV9YWE4xT3dxT3ZiV2FSWTE?oc=5) · Audacy
- 2026-03-23 [Wu-Tang Clan Headed Back to North America For Summer 2026 Wu-Tang Forever: The Final Chamber Tour Dates - Billboard](https://news.google.com/rss/articles/CBMitAFBVV95cUxOanN6dWhWY1dEeTVxX3F4eDB0andCLXVQb2hVOWh4OTc4cmhOUjl2MFgyWko3TkJDSkY0ZnYyazFUa2Vtb3BYRWFEdTNwcWRrWWliQ1pOUEo3T2h2TWpySXhZdkFYT1JMWUg5QjZpZTlRWWlsd2FJNC1HWlFYQ29CSVMzVDVBaFIyTGVNWGpPaTEwRThpeUlTZ1VnVHRNLVU5aGdwelp2NG9CdVRidFc0VlRhS1c?oc=5) · Billboard
- 2026-04-27 [Logic and G-Eazy Reunite for "The Endless Summer Tour Part II" With Special Guest Juicy J - That Eric Alper](https://news.google.com/rss/articles/CBMiyAFBVV95cUxQZDA5MUlMcERzaml0S1JWTnlfNm4yTjNuUm5Ib3NFSU9LdDl6amZienlxTmFzMmg1SWlkTU1JT251WlRGR3Y1S3JrQ1BJWl96TEdDWTI0YU1FcFhyNjBjRmdRem1QLWZfSjN6d21FMU5STS1ZVUZESmRhNm9aSlhncFFnc1pUaHd0N2NOYURIMzh3RkxmUmNRYWMzRUZMa1F4UEdIUUZpWk92TDZNUWlGVTNoNnFSMU1adWtRRUp2cG9ib3hrQU9kMA?oc=5) · That Eric Alper
- 2025-11-17 [Lynyrd Skynyrd and Foreigner to co-headline at Morton Amphitheater in 2026 - FOX4KC.com](https://news.google.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?oc=5) · FOX4KC.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=65466 (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/58.json (key "65466", 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=65466
- 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