FIRSTLIGHT
Charter #10174 | TX
1B-3B
(304 CUs)
Mid-Market
($1B-$5B)
(380 CUs)
26 1B-3B in TX
FIRSTLIGHT has 2 strengths but faces 8 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Emerging Performer: Top 33.3% in tier
- + Net Interest Margin 1.06% above tier average
Key Concerns
Areas that may need attention
- - Institutional Decline: Bottom 12.8% in tier
- - Credit Quality Pressure: Bottom 17.8% in tier
- - Membership Headwinds: Bottom 23.4% in tier
- - Indirect Auto Dependency: Bottom 28.9% in tier
- - Stagnation Risk: Bottom 31.8% in tier
- - ROA 0.57% below tier average
- - Loan Growth Rate: Bottom 3.3% in tier
- - Net Charge-Off Rate: Bottom 3.6% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (TX) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
99,291
-1.7% YoY-0.1% QoQ
|
+612 |
98,678
-1.9% YoY
|
26,896
+3.7% YoY
|
33,089
+6.1% YoY
|
58th in tier |
| Assets |
$1.6B
-0.4% YoY+0.1% QoQ
|
$-127.1M |
$1.7B
+0.5% YoY
|
$411.3M
+5.9% YoY
|
$547.7M
+7.8% YoY
|
54th in tier |
| Loans |
$1.2B
-9.2% YoY-2.5% QoQ
|
$-34.3M |
$1.2B
+0.5% YoY
|
$295.8M
+5.3% YoY
|
$388.7M
+8.6% YoY
|
58th in tier |
| Deposits |
$1.4B
+6.0% YoY-0.1% QoQ
|
$-39.7M |
$1.5B
+1.3% YoY
|
$341.5M
+6.1% YoY
|
$464.6M
+9.3% YoY
|
57th in tier |
| ROA |
0.1%
-63.2% YoY-149.9% QoQ
|
-0.6% |
0.7%
+13.4% YoY
|
0.5%
-24.0% YoY
|
0.7%
+273.4% YoY
|
Bottom 6.6% in tier |
| NIM |
4.3%
+9.9% YoY+0.2% QoQ
|
+1.1% |
3.3%
+9.3% YoY
|
3.9%
+4.3% YoY
|
3.7%
+5.0% YoY
|
Top 4.9% in tier |
| Efficiency Ratio |
70.4%
-1.9% YoY-4.0% QoQ
|
-3.6% |
74.0%
-10.9% YoY
|
79.6%
-0.9% YoY
|
79.1%
-3.3% YoY
|
33rd in tier |
| Delinquency Rate |
0.6%
+18.0% YoY+17.8% QoQ
|
-0.2 |
0.8%
+6.1% YoY
|
1.2%
+20.3% YoY
|
1.2%
-0.9% YoY
|
39th in tier |
| Loan To Share |
84.7%
-14.3% YoY-2.4% QoQ
|
-0.5% |
85.2%
-0.8% YoY
|
71.8%
-2.5% YoY
|
68.0%
-1.7% YoY
|
40th in tier |
| AMR |
$26,320
+0.2% YoY-1.1% QoQ
|
$-3K |
$29,172
+2.8% YoY
|
$17,515
+1.3% YoY
|
$19,418
+1.3% YoY
|
44th in tier |
| CD Concentration |
30.2%
+9.8% YoY+0.4% QoQ
|
+1.2% |
29.0%
+0.8% YoY
|
20.9%
+7.1% YoY
|
19.6%
+6.2% YoY
|
57th in tier |
| Indirect Auto % |
21.0%
-17.4% YoY-4.2% QoQ
|
+2.2% |
18.8%
-2.8% YoY
|
7.2%
-0.2% YoY
|
7.9%
-2.9% YoY
|
60th in tier |
Signature Analysis
Strengths (1)
Emerging Performer
growth
#177 of 184 • Top 33.3% in tier
Profitable credit union with positive returns. May represent growth potential worth exploring.
Why This Signature
Return on Assets:
0.14%
(Tier:
0.71%, National:
0.71%)
Member Growth (YoY):
-1.68%
(Tier:
3.18%, National:
9.37%)
184 of 380 Mid-Market CUs have this signature
| 852 nationally
↑ Growing
+18 CUs YoY
|
Rank worsening
Concerns (5)
Institutional Decline
decline
#14 of 31 • Bottom 12.8% in tier
Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.
Why This Signature
Total Assets:
$1.59B
(Tier: $1.72B, National: $547.69M)
Member Growth (YoY):
-1.68%
(Tier:
3.18%, National:
9.37%)
Loan Growth (YoY):
-9.17%
(Tier:
6.14%, National:
36.38%)
31 of 380 Mid-Market CUs have this signature
| 293 nationally
↓ Shrinking
-6 CUs YoY
|
New qualifier
Credit Quality Pressure
risk
#137 of 217 • Bottom 17.8% in tier
Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.
Why This Signature
Delinquency Change (YoY):
0.09% points
(Tier:
0.07% points, National:
0.07% points)
217 of 380 Mid-Market CUs have this signature
| 1002 nationally
↓ Shrinking
-70 CUs YoY
|
New qualifier
Membership Headwinds
decline
#57 of 85 • Bottom 23.4% in tier
Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.
Why This Signature
Member Growth (YoY):
-1.68%
(Tier:
3.18%, National:
9.37%)
85 of 380 Mid-Market CUs have this signature
| 648 nationally
↑ Growing
+6 CUs YoY
|
Rank worsening
Indirect Auto Dependency
risk
#179 of 202 • Bottom 28.9% in tier
Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.
Why This Signature
Asset Growth (YoY):
-0.43%
(Tier:
5.36%, National:
3.04%)
Indirect Auto %:
20.98%
(Tier:
18.80%, National:
7.90%)
Member Growth (YoY):
-1.68%
(Tier:
3.18%, National:
9.37%)
202 of 380 Mid-Market CUs have this signature
| 768 nationally
↓ Shrinking
-7 CUs YoY
|
Rank worsening
Stagnation Risk
risk
#77 of 85 • Bottom 31.8% in tier
Membership is declining. If profitability remains stable, current success may mask future risk from a shrinking member base.
Why This Signature
Return on Assets:
0.14%
(Tier:
0.71%, National:
0.71%)
Member Growth (YoY):
-1.68%
(Tier:
3.18%, National:
9.37%)
Avg Member Relationship:
$26.3K
(Tier: $29.2K, National: $19.4K)
CD Concentration:
30.22%
(Tier:
28.98%, National:
19.60%)
85 of 380 Mid-Market CUs have this signature
| 648 nationally
↑ Growing
+6 CUs YoY
|
Rank worsening
Metric Rankings
See how this credit union ranks across all tracked metrics compared to peers.
Strengths: Metrics in the top 25% (75th percentile or higher) | Concerns: Metrics in the bottom 25% (25th percentile or lower)
Top Strengths (2 metrics)
15
Net Interest Margin (NIM)
profitability
Value:
4.32%
Peer Avg: 3.26%
#15 of 304
Top 4.6% in 1B-3B tier
65
First Mortgage Concentration (%)
balance_sheet
Value:
22.19%
Peer Avg: 34.01%
#65 of 304
Top 21.1% in 1B-3B tier
Top Weaknesses (6 metrics)
295
Loan Growth Rate
growth
Value:
-9.17%
Peer Avg: 5.27%
#295 of 304
Bottom 3.3% in 1B-3B tier
294
Net Charge-Off Rate
risk
Value:
1.55%
Peer Avg: 0.60%
#294 of 304
Bottom 3.6% in 1B-3B tier
284
Return on Assets (ROA)
profitability
Value:
0.14%
Peer Avg: 0.70%
#284 of 304
Bottom 6.9% in 1B-3B tier
254
Asset Growth Rate
growth
Value:
-0.43%
Peer Avg: 4.83%
#254 of 304
Bottom 16.8% in 1B-3B tier
250
Member Growth Rate
growth
Value:
-1.68%
Peer Avg: 2.20%
#250 of 304
Bottom 18.1% in 1B-3B tier
244
Members Per Employee (MPE)
engagement
Value:
293.760
Peer Avg: 364.953
#244 of 304
Bottom 20.1% in 1B-3B tier