# MINOT AREA SCHOOLS
MINOT, ND · NCUA charter 8943 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/minot-area-schools-8943

Who the members are: federal charter, multiple common bond, organized 1953. 1,175 members of 3,200 potential (36.7% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *auto monoline*. 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 | $15.0M |
| Members | 1,175 (0.8% YoY) |
| Full-time staff | 2 |
| Net worth | $1.3M |
| Net worth ratio | 8.8% (p9 of band) |
| ROA (annualized) | 0.18% (p31 of band) |
| Total delinquency | 0.13% (p27 of band) |
| Net charge-offs (annualized) | 0.10% (p58 of band) |
| Loans / shares | 39% (p24 of band) |
| Cash / assets | 63.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 1.98% (p4 of band) |
| Operating expense / assets | 1.96% (p10 of band) |
| Vehicles % of loans | 75% (p74 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% (p16 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 | 11% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 26% |
| Average share balance | $6,945 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 9% |
| Average loan balance | $13,122 |
| Loans granted, annualized | $2.3M |

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **net worth falling** (`cap_falling`)
- **delinquency rising** (`aq_dq_rising`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

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

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

- 2024-06-10 [Meet the candidates running for Minot Public School Board - KFYR-TV](https://news.google.com/rss/articles/CBMijAFBVV95cUxPRTAxTlhxUmluTlJqMFJfRV9VRS1EZ2k4cExQTzRrQnFVU1V0QWs0NzJpaWpYWUxpTk5xb29aS0pKSGtVTEE5R29qbnoyWm9JZnp4M2RNSDBFdUR0eU5MNTdKUldwdVUyRDdicE9CWmhUSmdQdTc3V29Cb0lDZ1V3Z3FpWlVQX2dWclZGTtIBoAFBVV95cUxOTWNNZ1NWbkNCZEp1RUF6c2JGNWoxRml4LTFpM25KVlkwdXRlQjB6XzlLRGQzT0x0MHJKVTJSZDdNZVJYWUp4cVRLWG51UUFwRV9Ba3NIWWhPUXotMUYtNnZlUkdJeG02U0JrdmUxaXgyUnJfaFJHVXZCSGNMbmRzdE1IUzhwVWhuMzdWZm1EWXFERVcwRGNKdjJhYXMxbFBF?oc=5) · KFYR-TV
- 2023-01-22 [Robb Labonte Obituary Jan 22, 2023 - Thomas Family Funeral Home](https://news.google.com/rss/articles/CBMicEFVX3lxTFAtUkpveWRjNzlIdVNQWDAtdF9qR2ZuUG1vaXo2QnVIdzY0Yk1qbC1iaThrbzNHamdOTGFwY0ljWUNDNS03Y0E4RmpJTHI5aXo5TWdNck9SMFg1cTE3YzN0cWdGSDNOV01mQVdFWnVjV3c?oc=5) · Thomas Family Funeral Home
- 2023-03-29 [Coffee, passion fuel MSU assistant professor - - Minot Daily News](https://news.google.com/rss/articles/CBMioAFBVV95cUxOY0s2b3RaaXV0UjQ1aHd0VHpwWHk2X2IzZmxrcWRWdFBxa05lRG1HOHNWTW9sX283RHpQZFViU2Q4MkxzV0NVUGV3SGV1NTE3YmVHaVF1TzNtZVhzSU1sVGQwYV9wZEp3ZHc5WWI2Yjk2M3Exa1JuSlZ2QkJHMjRlRmdtMF9qdzJMYWozYkdUbDk1aTgzbTh3akpYTlBnUExj?oc=5) · Minot Daily News
- 2025-12-05 [Congratulations to 2025’s Prairie Business 40 Under 40 honorees! - Grand Forks Herald](https://news.google.com/rss/articles/CBMisgFBVV95cUxNRjFmNm9ES0h5RzFOUlJHOTdtY0w0NmNPUGRzcC1MTnlJRDFkZUFGY2p0VUtVenhPNS0xMDRNQmdNYlBRaTNzbWxwV0MwdXd6ZlpPb1ExY3JxbEI3ejd6MG01ZDFLUkRXbUIwYXU1cTgtVzFFS0duQUZjZVE1a2NPcm11QlJldWRrTU1MS3BLUVBEOFBKWUI5ZzJrc2JRWnp6SzRiamlVdHhaMWtweHJnQkFB?oc=5) · Grand Forks Herald

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=8943 (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/47.json (key "8943", 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=8943
- 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