# MIDWESTERN STATE UNIVERSITY
Wichita Falls, TX · NCUA charter 67549 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/midwestern-state-university-67549

Who the members are: state charter, organized 1955, low-income designated. 900 members of 2,500 potential (36.0% of the field); checking penetration 12% (share draft accounts per 100 members); loans per 100 members 24.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $4.8M |
| Members | 900 (1.5% YoY) |
| Full-time staff | 2 |
| Net worth | $708,064 |
| Net worth ratio | 14.9% (p50 of band) |
| ROA (annualized) | -0.79% (p12 of band) |
| Total delinquency | 0.74% (p54 of band) |
| Net charge-offs (annualized) | -0.01% (p20 of band) |
| Loans / shares | 63% (p57 of band) |
| Cash / assets | 49.4% |
| Borrowings / assets | 5.99% |
| Net interest margin | 4.51% (p74 of band) |
| Operating expense / assets | 5.42% (p84 of band) |
| Vehicles % of loans | 58% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.23% (p41 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 24% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 99% |
| Certificates % of member funds | 0% |
| Average share balance | $3,654 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 24% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $10,540 |
| Loans granted, annualized | $1.1M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **leaning on borrowings** (`str_borrowings`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | net worth falling |  |
| 2016-12 | 1 |  | net worth falling |
| 2017-03 | 4 | delinquency rising, assets shrinking, members leaving |  |
| 2017-06 | 5 | net worth falling, loan book shrinking | delinquency rising |
| 2017-09 | 5 |  |  |
| 2017-12 | 4 |  | assets shrinking |
| 2018-03 | 4 |  |  |
| 2018-06 | 3 |  | loan book shrinking |
| 2018-09 | 3 |  |  |
| 2018-12 | 3 | delinquency rising | members leaving |
| 2019-03 | 2 |  | net worth falling |
| 2019-06 | 2 | assets shrinking | delinquency rising |
| 2019-09 | 2 |  |  |
| 2019-12 | 3 | auto monoline |  |
| 2020-03 | 3 |  |  |
| 2020-06 | 4 | delinquency rising |  |
| 2020-09 | 3 |  | assets shrinking |
| 2020-12 | 4 | margin squeeze, loan book shrinking | delinquency rising |
| 2021-03 | 5 | assets shrinking |  |
| 2021-06 | 5 |  |  |
| 2021-09 | 4 | delinquency rising | loan book shrinking, assets shrinking |
| 2021-12 | 4 | net worth falling | delinquency rising |
| 2022-03 | 3 |  | margin squeeze |
| 2022-06 | 3 |  |  |
| 2022-09 | 3 |  |  |
| 2022-12 | 2 | delinquency rising | auto monoline, net worth falling |
| 2023-03 | 2 | assets shrinking | losing money |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | delinquency rising |
| 2023-12 | 2 | loan book shrinking |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 | auto monoline | loan book shrinking |
| 2024-09 | 4 | delinquency rising, members leaving |  |
| 2024-12 | 2 |  | auto monoline, members leaving |
| 2025-03 | 3 | losing money |  |
| 2025-06 | 2 |  | losing money |
| 2025-09 | 2 |  |  |
| 2025-12 | 2 | loan book shrinking | delinquency rising |
| 2026-03 | 4 | losing money, delinquency rising, leaning on borrowings | loan book shrinking |

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

- 2024-02-26 [Becky Alexander Obituary - Times Record News](https://news.google.com/rss/articles/CBMiYkFVX3lxTE5IeF9fbUtYb3QxMDlwSnZiRGM5VjN6cmJzS0l4ejVhbHFhbHozN1RVdjRhQVJfOXp3RjRZODIwWTRlQ3djd2hVRUJqVnl5YmtwUkdxNnMxdlVWaHlXZ2EwSzJ3?oc=5) · Times Record News
- 2026-01-22 [Closures and schedule changes ahead of winter storms in the area - News Channel 6 | Wichita Falls, TX](https://news.google.com/rss/articles/CBMimgFBVV95cUxOdFNfRW9DWF8xcUxBeG9mRFpWYVFjcHlHQk5md2Z1QjYwQXNjdlpkcHlHbEJucVZ3YUw5MmVjOElnckxXTmp0UTJKcm9KY2ZWbW9WYjdteFBwZzBrdFB4WnZkNVJmSGVwd0dnQnBpMXkzTzVNbGltUzhLNHYweDZnU2owQzNwXzRKTUpSbERycjFTdThWRkFlRUtn?oc=5) · News Channel 6 | Wichita Falls, TX
- 2021-09-16 [No. 17 Angelo State braces for No. 20 Midwestern in LSC opener at home - gosanangelo.com](https://news.google.com/rss/articles/CBMivwFBVV95cUxQOUhaWnRmMmtEa0lqeVFHZFFpX1dtekFwb0l0RmdiZ0NvQWJTdFluQUZUQlpuQTdYM003dWFxb2lmRmkyRUpNRVZhLXNOY3pSOEx3QTVQTm9VSFhwcWVnMlMxbW9CTEdacWFVREFHaWJPNmg0ZXZLUUN1OTc1OWcwTE5wdnA4ZTFHMFlfZW0ybHBKTUVWQjlXT1lVcWdLamk3UHlOOUhZYWNHaGozeTNZWXQtaVBpV3VwYUdZQURXSQ?oc=5) · gosanangelo.com
- 2018-10-13 [Business notebook: 2INgage names three new hires - Abilene Reporter-News](https://news.google.com/rss/articles/CBMixgFBVV95cUxNLUpsU1JRdUJ4QnZBWktGTXcxZVVueVFQb0JQZjJlRDR4WHRkRWRnSm9fdWRXMzUtN3pDLWVjN0NCWVBQWTE2VFc0SFBPLU55V0kyUk9DZlRybk9yMXFGcG5iLU1tUDRqTkZETUJFaVNwSml1OFVKNVRIMVBjNldaUlFacjFZd1JzR05NZm9Cc0JIazF2YW01TzlLQ2U1SlFnTTZtWkVVWE1aSThZc3dleHBRWXUyQjRUMzB4eVNadm5TS1B2b0E?oc=5) · Abilene Reporter-News
- 2023-03-13 [Brenda G Apperson Obituary (2023) - Wichita Falls, TX - Falls Funeral Home & Cremation Center - Wichita Falls - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxOdEk2bVA1QmhaN2JMci1jLWo2ZUo2S0FTN0JBTXlwSFNTdXkwTlRzOGkzNHZJektSRk9SZnJQWU1vSlFKSXVyUVV2NTlmVUROYzdtY3o4a0xXdnFmdERoa0RWZXlaRlB0UWpjZG5fMU9UZjJvR2FxOW9ScXNkb0M5ZWdCVl8?oc=5) · legacy.com
- 2021-07-27 [Ray Gonzalez Obituary - Wichita Falls, TX - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNdzBPaDlDYUY5SzVPd2VES0RRWUVwSnQxazZPMmotejk2Y1RXZzl0a0Z5R3d0dEZXMVNiRkJCLXdFbGxBMk8zalE2WDZaMG8tTUdDZi1YV3VJRHFWakJEMFNLMmdwLURXa0Vzd21iNENUZVEzTV80XzMza0ZlWXA2cFltYzJoU3NZ?oc=5) · Dignity Memorial
- 2025-09-17 [Looking to catch an ASU football game, tailgate? Here's the schedule - gosanangelo.com](https://news.google.com/rss/articles/CBMiugFBVV95cUxOMmRtUGY1MkRnNTY5d3BVNGVrQkJ3YUV1R3V1aENNOVhyemh0WTM4d244ZnNvenlqOEFmTUx4V0NMNnJFczZnQnhVS2tyMTN2QjI5YThKczF1b0FHY05EdXNxNE9Mc0hDNjd3V0VIbVpnc1ZPMVZiUDF1OEdBMHl4U1pqWk50Q2UzNUM2UmRhSFJya09GemlRdHZvMFVySXVkWnZqZ2hLR1ZVbTlWQ0t6OFpibl9PZ2kwMGc?oc=5) · gosanangelo.com
- 2017-02-23 [Matter of Record ( Feb. 22, 2017) - Times Record News](https://news.google.com/rss/articles/CBMisgFBVV95cUxQOFpDZEFJSk5hS0ctbERZYzFYY3gyV2l3Uy05UUJSd09tX2doaTBWdDg1Ym4wMmE4Nk5lMDlIZW1wVVE4b19MTVJUTk43Y2t4MTVVY3hpQS02WXpuZlFCLUdpY2VCa3d2a0FZN3c1ZkwzN2VYQWdJcUlXc3dRZDI2azcyaktoM2c2M2FicktCTmtDdTdPcV9LQThjd1hieTBaOS00c1ZpN1BUY3Q5MnlOUHhB?oc=5) · Times Record News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67549 (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/29.json (key "67549", 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=67549
- 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