# MILES CITY
MILES CITY, MT · NCUA charter 8003 · 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/miles-city-8003

Who the members are: federal charter, community charter, organized 1952, low-income designated. 396 members of 1,200 potential (33.0% of the field); checking penetration 9% (share draft accounts per 100 members); loans per 100 members 34.

**Verdict on the desk:** this could be *too clean*. 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 | $4.1M |
| Members | 396 (-1.5% YoY) |
| Full-time staff | 3 |
| Net worth | $492,835 |
| Net worth ratio | 12.2% (p45 of band) |
| ROA (annualized) | -2.50% (p3 of band) |
| Total delinquency | 0.00% (p8 of band) |
| Net charge-offs (annualized) | 0.00% (p30 of band) |
| Loans / shares | 46% (p34 of band) |
| Cash / assets | 53.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.68% (p26 of band) |
| Operating expense / assets | 5.80% (p92 of band) |
| Vehicles % of loans | 66% (p57 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 | 0.00% (p32 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $8,281 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 34% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $12,357 |
| Loans granted, annualized | $669,766 |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **expense trap** (`earn_opex`)
- **loan book shrinking** (`shrink_loans`)
- **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 | net worth falling, members leaving |  |
| 2017-06 | 2 |  | net worth falling |
| 2017-09 | 1 |  | members leaving |
| 2017-12 | 1 |  |  |
| 2018-03 | 3 | net worth falling, losing money |  |
| 2018-06 | 5 | delinquency rising, members leaving |  |
| 2018-09 | 5 | loan book shrinking | delinquency rising |
| 2018-12 | 3 |  | net worth falling, loan book shrinking |
| 2019-03 | 3 |  |  |
| 2019-06 | 4 | assets shrinking |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | assets shrinking |
| 2020-03 | 3 |  |  |
| 2020-06 | 3 |  |  |
| 2020-09 | 3 | net worth falling | losing money |
| 2020-12 | 2 |  | net worth falling |
| 2021-03 | 1 |  | members leaving |
| 2021-06 | 3 | net worth falling, losing money |  |
| 2021-09 | 2 |  | losing money |
| 2021-12 | 1 |  | net worth falling |
| 2022-03 | 2 | losing money |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 4 | members leaving, loan book shrinking |  |
| 2022-12 | 4 | net worth falling | members leaving |
| 2023-03 | 4 | members leaving | net worth falling |
| 2023-06 | 4 | expense trap | members leaving |

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

- 2025-04-11 [America's Best Regional Banks and Credit Unions 2025 - Montana - Newsweek Rankings](https://news.google.com/rss/articles/CBMijgFBVV95cUxNZ2J0bjZCNmZSb1haRXJuaHlrUC02RzNhNF9ZVTZrVTcyTGVMcWRxOHJxdXdNN1VtUG5yYW9sV3dRVEY5VXo5eWxXLW16VnNrcnljZ1VIRG8tblgxSTRvQTh2V2FUN1ZyRWpUZkdKdnR1LVRTUmp6OUE4VFhrbVZpeW5lclZIYWRvR0lBakR3?oc=5) · Newsweek Rankings
- 2022-05-11 [William Brence Obituary Apr 30, 2008 - Stevenson Funeral Homes](https://news.google.com/rss/articles/CBMib0FVX3lxTE80TTIzZEV0Mi02OVVTbVY5cDVqSWtNNFhMcVRlNzVQd09fZnk3bUYxUFZsVUsxcVNvMzlCeGtkM2lLR3FRX2hReTBhWDFRQU9nWmZYM29IQnQ4TVZsMndjZkotUXhlMVhDZFA3VDk4bw?oc=5) · Stevenson Funeral Homes
- 2015-01-11 [John Hurlbut Obituary Jan 11, 2015 - Schnider Funeral Home](https://news.google.com/rss/articles/CBMia0FVX3lxTE9sMmRyMkhxc3VjdF8wWHlldzlMOUdoSDc4UU9zalpCa000ZmVrYjh5Y1BvaXVlWFpXaU1VTGVXNUhHZ0haLXh4ZXc1SXZqNHMzaXV1UHVRR0pkdUpLME9xRU1aNkVVX0FXd09V?oc=5) · Schnider Funeral Home
- 2015-11-11 [Chips are down: Smart credit cards could save billions - Great Falls Tribune](https://news.google.com/rss/articles/CBMirwFBVV95cUxQX2ozVlBvZHZPYXRvY19LTmxFWm1OdEtGVUJvdTFSNmE1UmZPWHZsVTlkU1gyQUxHSjd3VGhnckV6bkpRYzdQa29Wd0J5cVBqZDNieGpGSmNXaE9CdU9mS2FMRVpuODdIOS1HaVBsU2o3RHBtZXlkYlh3OW1mTGFRZEhfM3ZRaWxlV3dtdksxYUh6dWZQd2pBN3NwRWlLWkkyOVctVEpFajFYeHE2WDJN?oc=5) · Great Falls Tribune
- 2023-08-31 [Wray Freiboth Obituary (2023) - Miles City, MT - Stevenson & Sons Funeral Home - Terry - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxPNXA4STBCZFNzeUNTS2trd1E4QnFZSTFCVU5yM3RaQngybXNwWm1qVEgxR0NXTktzZGdZRXVDQUNwOEJuaWhiLThVc1RPR3VUSE9jQW1uTV9sZmtqME1ac1ZEN3FnMF9RX05OQl93QThwZWxDYWdRNEkzOXhlbEkwNXlB?oc=5) · legacy.com
- 2006-08-02 [Montana Outdoors: Turtle trappers - Billings Gazette](https://news.google.com/rss/articles/CBMiogFBVV95cUxNSUdVdVhUMW5NQXVJM1R1VzRKbjZEVk5fMGdFX3ZYV3BBbWN2YTZEcHJrVmdxaVR3bUZLQTBxc2ZTNHRuTXNOTzBNWUpsS3lEVWVJa3NoLVpvcmFjX2t2d3JUTmxvSk1SQ3V2ckZLNHNONFFhTFNYQmhqSHZxYmI2VW1OcDZoUy1OVTNpR3NWZ2NJWTM1UFhDdTlDQXhJcUJ5RkE?oc=5) · Billings Gazette
- 2024-07-25 [Bryan Gardner Obituary (2024) - Miles City, MT - Stevenson & Sons Funeral Home - Circle - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxQUEtldUV2T2UzRnJ2Rno2ZUhkNlhFM0dxMVdMclhQVllLVWNkRlRvSG9wOXg1VGVPZUxFZFBvemlJaFRhOGdoZjJLTnk1RFdGMm92aG5XNmh6aUVHNnNiV1FuZU5yTEdBZUotYW5XOHlSSFlyOXc3aHIzOTZpWkJsWmJB?oc=5) · legacy.com
- 2022-07-17 [Anna Clouse Obituary (2022) - Missoula, MT - Missoulian - legacy.com](https://news.google.com/rss/articles/CBMijgFBVV95cUxNRnJjWms0bU10WTFUN2NpQjlVTXFkYXBMT2ZZQi1Id1VKWGhFZTc4VlphSS1PTWVScW9qR2ZTT1dVWUxBR3daZkl6dDFsVFRrcGZJZ09OOXRlZnhnNVgyVFF2eHVxZGxaYmZKWVpaRUdvcURPVC1ROUtHN1lMX2lISnhIMmlZNElPaHJ3d1pR?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8003 (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/3.json (key "8003", 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=8003
- 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