# MIDWEST COMMUNITY
Defiance, OH · NCUA charter 9522 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/midwest-community-9522

Who the members are: federal charter, community charter, organized 1954. 14,327 members of 143,737 potential (10.0% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 64.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $258.7M |
| Members | 14,327 (2.9% YoY) |
| Full-time staff | 62 |
| Net worth | $21.1M |
| Net worth ratio | 8.2% (p3 of band) |
| ROA (annualized) | 1.04% (p74 of band) |
| Total delinquency | 0.60% (p50 of band) |
| Net charge-offs (annualized) | 0.16% (p23 of band) |
| Loans / shares | 76% (p52 of band) |
| Cash / assets | 5.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.85% (p71 of band) |
| Operating expense / assets | 3.92% (p60 of band) |
| Vehicles % of loans | 31% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 50% |
| Third-party paper % of net worth | 133% (p67 of band) |
| Vehicle delinquency | 0.79% (p65 of band) |
| Vehicle NCO | 0.20% (p21 of band) |
| Repossessed % of vehicle book | 0.00% (p25 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 206% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 27% |
| Average share balance | $7,193 |
| Participations bought / yr | $4.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $34.0M |
| Loans outstanding per 100 members | 64% |
| Loans granted per 100 members, annualized | 23% |
| Average loan balance | $19,573 |
| Loans granted, annualized | $69.5M |

## Participation posture (from the same filings)

Bought $4.4M and sold $0 in the latest annualized quarter; $34.0M outstanding purchased (161.0% of net worth), $1,427 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 1.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 0 |  | losing money |
| 2016-09 | 2 | thin capital, net worth falling |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 3 | losing money |  |
| 2017-06 | 1 |  | net worth falling, losing money |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 1 |  |  |
| 2018-09 | 0 |  | thin capital |
| 2018-12 | 0 |  |  |
| 2019-03 | 2 | thin capital, net worth falling |  |
| 2019-06 | 1 | delinquency rising | thin capital, net worth falling |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 | thin capital | delinquency rising |
| 2020-03 | 0 |  | thin capital |
| 2020-06 | 1 | thin capital |  |
| 2020-09 | 2 | net worth falling |  |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | margin squeeze |  |
| 2021-06 | 2 | members leaving | net worth falling, margin squeeze |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 3 | net worth falling |  |
| 2022-06 | 1 |  | members leaving, net worth falling |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | net worth falling, losing money |  |
| 2023-06 | 1 |  | net worth falling, losing money |
| 2023-09 | 2 | 3rd-party paper>100% NW |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 2 |  |  |
| 2024-09 | 2 |  |  |
| 2024-12 | 4 | net worth falling, delinquency rising |  |
| 2025-03 | 4 |  |  |
| 2025-06 | 3 |  | net worth falling |
| 2025-09 | 3 |  |  |
| 2025-12 | 2 |  | delinquency rising |
| 2026-03 | 3 | delinquency rising |  |

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

- 2022-02-28 [Digital Banking Solutions Provider Bankjoy Announces 16 New Credit Union Partners - Finovate](https://news.google.com/rss/articles/CBMipgFBVV95cUxOaE5ROEJuckFJUkEwYVprNU0wbFl4T0gyTnQ0TGktU05QTENpOGpKZExoeDVMRHJTRlN1QnREd05oaEczaEZvRmRGamFPbk8xSVRtNXgydXNVWjJzWE9PcWx4VGdQYVh3QnBONUhUbTBpQzZDa0NNSWZQTW11a29ZV0RWdWJuSC1YNzAyTmdBZmh6RllTSVdxeDNmRkRYb3VhM1JPT3l3?oc=5) · Finovate
- 2026-05-05 [Pauline Westrick Obituary Sep 23, 2014 - Schaffer Funeral Home, Inc.](https://news.google.com/rss/articles/CBMiZEFVX3lxTE1HUVBiTFNjVTIxSjREaVdkUHBTTTAyMVQ3R29nMGxPcFJOQlY2Q1UzckR3eEhkRkFqZ0x5MHZhdURfNWoyandNZmkwYjR4ak8tRllzQlVqT0xvQjN1QUxzMHNWQlE?oc=5) · Schaffer Funeral Home, Inc.
- 2018-12-06 [Credit unions thinking big picture with their staffing - American Banker](https://news.google.com/rss/articles/CBMipgFBVV95cUxNUi16WlB4VGRUVE45MXI0X0s3MWFaYXBzTFVVb2pTNDczU05JUXlZMlVFMVk0c2k5cHFHTGQ2djk1b0hyQzZrRUJhZWp6bEhWcVlLdkNkNlBLWUdqU19wc3JPdUpBbmppMVNKNkxteEIzTkhWaWM3NHZhUV9SWUpFVnFwNWZ5MjZRWlZwbUtiVVJmbEhkYllJY3B5TXdkVk5JUWlvSGl3?oc=5) · American Banker
- 2025-08-19 [SRO/Deputy Lyons Named 2025 Community Hero Award: Police Officer Edition Recipient - West Bend News](https://news.google.com/rss/articles/CBMivAFBVV95cUxNTzU3QUxxY0lLZHdETGRXNHlzUXpjY2VqaHppNjlXZ1ZWR3hWN1BPdWY2SDdZZmk1YnJScWNuZWhvbGg0UWlmSnFFZTY3V01HcDVjRTVWWXJFYW5kUlItUXV2SGFveXEyblo4UHk1RWRlWkx3QXgyd3A3WkRZUTlLRVR5b29UbjhNUVd2ZnZwYTdMUU5COHZ5aGlIODdjU09wNnF2UlU3TjJ0Q3hBOUpxN0ZkUjNfaExMRWN4bA?oc=5) · West Bend News
- 2026-05-19 [Leadership class makes sizable donation - thevwindependent.com](https://news.google.com/rss/articles/CBMimwFBVV95cUxNeVNpSDM2bkxYVk1zNm1RNjE4VmNUWUY2dThsaF9mZUpCd20xQmNfNmU1V1hWOWNESnc5WHFGblZRaUllOEJaeU9Hd1ZWQU0xd2tZTGs1SFlCMmVhckFLWDlRVDBqNjFpTzB5RjliZVV4cEFKNjFVMThFOUZBanhVZ3M5R08wSDdLSi1kamZOc2k5MmhPUi03a25fNA?oc=5) · thevwindependent.com
- 2018-10-10 [Continue fundraising - The Crescent-News](https://news.google.com/rss/articles/CBMitwFBVV95cUxPS2FoTjliZHQxMFZqNGYxU1JqcUdmNWxLSUdTNVhOakNCS1lrR3doVmRfZmQtUm55LTAySEVDWmFST2JiV2hJVzdjUEU5NS1Tbk1GenhiN3NLUkM1VnE2UHNsMDJWcUdaS0V5RGJVV3hLOVZiTUFCQXE3bVR1dlRROGZQcHMtSGRjWVhQTENjTHVQV2x5ODJ6NTVKdDJiZTRxUG1KNnAzWmduVlhKcWZEdXFONTVkWlU?oc=5) · The Crescent-News
- 2026-06-14 [United Way of Erie County announces appointment - Morning Journal](https://news.google.com/rss/articles/CBMilAFBVV95cUxQNXl5Ry1mNmRZNmY4UHl3TE5mcjNOMFFOZ1k0QVlibm1QakNMcGRuMXFqZ2lEeDJUWUdLeUZhWE8teEJJNXdkdTVkcnlyRjJVYzlhM291YW1NemREQ3dWcENYbzhQOHF1dl91VEQ1eTdfZ2dSMmJPVWdlNHNHOW54UE84eU5IeWg4VlBBNUM1UWdGM2F6?oc=5) · Morning Journal
- 2023-08-12 [Troy Hartman (1966 – 2023) - The Village Reporter](https://news.google.com/rss/articles/CBMiZEFVX3lxTE9xekNJbUdTRG1aZDBIcWlGdUhCNThDTU5rcWZnd3RzN0htdmV6SEF4b1YySTJzbzVLRjJYM2ZvUEJJcXVrY2JtcENzcVJZdTE5VkgxVzRobVNwNkFscVdKcjRvTkw?oc=5) · The Village Reporter

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=9522 (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/50.json (key "9522", 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=9522
- 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