FARMERS INSURANCE

Charter #1074 | CA

1B-3B (304 CUs) Mid-Market (380 CUs)
40 1B-3B in CA

FARMERS INSURANCE has 7 strengths but faces 15 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 25.8% in tier
  • + Emerging Performer: Top 28.4% in tier
  • + Organic Growth Engine: Top 29.8% in tier
  • + Net Interest Margin 1.60% above tier average
  • + Indirect Auto Concentration (%): Top 0.0% in tier
  • + Loan-to-Share Ratio: Top 3.3% in tier
  • + Loan-to-Member Ratio (LMR): Top 6.6% in tier

Key Concerns

Areas that may need attention

  • - Capital Constraint: Bottom 0.0% in tier
  • - Shrinking Wallet Share: Bottom 1.3% in tier
  • - Credit Quality Pressure: Bottom 4.0% in tier
  • - Deposit Outflow: Bottom 6.6% in tier
  • - Wealth Migration Risk: Bottom 8.7% in tier
  • - Liquidity Strain: Bottom 14.7% in tier
  • - ROA 0.62% below tier average
  • - Efficiency ratio 0.88% above tier (higher cost structure)
  • - Delinquency rate 0.82% above tier average
  • - Loan Growth Rate: Bottom 2.3% in tier
  • - AMR Growth Rate: Bottom 2.3% in tier
  • - Asset Growth Rate: Bottom 2.6% in tier
  • - Deposit Growth Rate: Bottom 2.6% in tier
  • - Net Charge-Off Rate: Bottom 3.0% in tier
  • - Total Delinquency Rate (60+ days): Bottom 7.6% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CA) National Avg Tier Percentile
Members 66,070
+1.9% YoY+0.4% QoQ
 -32.6K 98,678
-1.9% YoY
 59,606
+5.7% YoY
 33,089
+6.1% YoY
 Bottom 20.4% in tier
Assets $1.3B
-8.7% YoY-4.2% QoQ
 $-385.5M $1.7B
+0.5% YoY
 $1.2B
+6.2% YoY
 $547.7M
+7.8% YoY
 33rd in tier
Loans $1.2B
-10.7% YoY-1.3% QoQ
 $-3.3M $1.2B
+0.5% YoY
 $845.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 60th in tier
Deposits $1.2B
-6.1% YoY-4.7% QoQ
 $-299.9M $1.5B
+1.3% YoY
 $1.0B
+8.8% YoY
 $464.6M
+9.3% YoY
 37th in tier
ROA 0.1%
-125.1% YoY-152.5% QoQ
 -0.6% 0.7%
+13.4% YoY
 0.6%
+30.0% YoY
 0.7%
+273.4% YoY
 Bottom 4.9% in tier
NIM 4.9%
+4.8% YoY+4.6% QoQ
 +1.6% 3.3%
+9.3% YoY
 3.3%
+6.5% YoY
 3.7%
+5.0% YoY
 Top 0.7% in tier
Efficiency Ratio 74.9%
+1.2% YoY-3.1% QoQ
 +0.9% 74.0%
-10.9% YoY
 79.3%
-6.2% YoY
 79.1%
-3.3% YoY
 52nd in tier
Delinquency Rate 1.6%
+31.3% YoY+1.1% QoQ
 +0.8 0.8%
+6.1% YoY
 0.7%
-38.7% YoY
 1.2%
-0.9% YoY
 Top 7.6% in tier
Loan To Share 106.5%
-4.9% YoY+3.6% QoQ
 +21.3% 85.2%
-0.8% YoY
 68.8%
-1.5% YoY
 68.0%
-1.7% YoY
 Top 3.6% in tier
AMR $36,085
-10.2% YoY-3.3% QoQ
 +$7K $29,172
+2.8% YoY
 $28,514
+2.8% YoY
 $19,418
+1.3% YoY
 Top 14.5% in tier
CD Concentration 26.9%
+13.1% YoY+5.7% QoQ
 -2.1% 29.0%
+0.8% YoY
 21.7%
+4.2% YoY
 19.6%
+6.2% YoY
 43rd in tier
Indirect Auto % 0.0% -18.8% 18.8%
-2.8% YoY
 9.5%
-6.9% YoY
 7.9%
-2.9% YoY
 Bottom 0.0% in tier

Signature Analysis

Strengths (3)

Organic Growth Leader

growth
#102 of 138 • Top 25.8% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 1.94%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
138 of 380 Mid-Market CUs have this signature | 608 nationally
↑ Growing +11 CUs YoY | Rank worsening

Emerging Performer

growth
#151 of 184 • Top 28.4% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 0.09%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Member Growth (YoY): 1.94%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
184 of 380 Mid-Market CUs have this signature | 852 nationally
↑ Growing +18 CUs YoY | New qualifier

Organic Growth Engine

growth
#217 of 246 • Top 29.8% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 1.94%
(Tier: 3.18%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.09%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 0.00%
(Tier: 18.80%, National: 7.90%)
better than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | New qualifier

Concerns (6)

Capital Constraint

risk
#1 of 9 • Bottom 0.0% in tier

Strong balance sheet under pressure - deposits leaving while lending capacity maxed. Need funding solutions before hitting limits.

Why This Signature
Loan-to-Share Ratio: 106.52%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Deposit Growth (YoY): -6.09%
(Tier: 6.24%, National: 12.00%)
worse than tier avg
Net Worth Ratio: 9.81%
(Tier: 11.30%, National: 14.51%)
worse than tier avg
9 of 380 Mid-Market CUs have this signature | 29 nationally
↓ Shrinking -9 CUs YoY | New qualifier

Shrinking Wallet Share

decline
#5 of 83 • Bottom 1.3% in tier

Average member relationship declining year-over-year. Members may be moving money elsewhere or reducing engagement.

Why This Signature
AMR Growth (YoY): -10.25%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
83 of 380 Mid-Market CUs have this signature | 346 nationally
↓ Shrinking -55 CUs YoY | Rank improving

Credit Quality Pressure

risk
#32 of 217 • Bottom 4.0% in tier

Delinquencies are rising year-over-year. Credit risk is building - they may need better underwriting tools.

Why This Signature
Delinquency Change (YoY): 0.39% points
(Tier: 0.07% points, National: 0.07% points)
worse than tier avg
217 of 380 Mid-Market CUs have this signature | 1002 nationally
↓ Shrinking -70 CUs YoY | Rank improving

Deposit Outflow

decline
#9 of 25 • Bottom 6.6% in tier

Members staying but deposits leaving. They're losing to higher-yield competitors - rate pressure is real.

Why This Signature
Deposit Growth (YoY): -6.09%
(Tier: 6.24%, National: 12.00%)
worse than tier avg
Total Assets: $1.33B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
25 of 380 Mid-Market CUs have this signature | 143 nationally
↓ Shrinking -42 CUs YoY | Rank improving

Wealth Migration Risk

decline
#5 of 10 • Bottom 8.7% in tier

High-value members moving money elsewhere despite stable membership. Your best customers are consolidating with competitors.

Why This Signature
Avg Member Relationship: $36.1K
(Tier: $29.2K, National: $19.4K)
but better than tier avg
AMR Growth (YoY): -10.25%
(Tier: 3.04%, National: 4.19%)
worse than tier avg
Total Assets: $1.33B
(Tier: $1.72B, National: $547.69M)
worse than tier avg
10 of 380 Mid-Market CUs have this signature | 39 nationally
↓ Shrinking -11 CUs YoY

Liquidity Strain

risk
#78 of 183 • Bottom 14.7% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 106.52%
(Tier: 86.35%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -10.67%
(Tier: 6.14%, National: 36.38%)
worse than tier avg
183 of 380 Mid-Market CUs have this signature | 484 nationally
↑ Growing +10 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)

Comparing against 304 peers in tier

Top Strengths (6 metrics)

1
Indirect Auto Concentration (%)
balance_sheet
Value: 0.00%
Peer Avg: 18.32%
#1 of 304 Top 0.0% in 1B-3B tier
2
Net Interest Margin (NIM)
profitability
Value: 4.86%
Peer Avg: 3.26%
#2 of 304 Top 0.3% in 1B-3B tier
11
Loan-to-Share Ratio
balance_sheet
Value: 106.52%
Peer Avg: 85.19%
#11 of 304 Top 3.3% in 1B-3B tier
21
Loan-to-Member Ratio (LMR)
engagement
Value: $18,613
Peer Avg: $13,213
#21 of 304 Top 6.6% in 1B-3B tier
44
Average Member Relationship (AMR)
engagement
Value: $36,085
Peer Avg: $29,172
#44 of 304 Top 14.1% in 1B-3B tier
77
First Mortgage Concentration (%)
balance_sheet
Value: 23.11%
Peer Avg: 34.01%
#77 of 304 Top 25.0% in 1B-3B tier

Top Weaknesses (10 metrics)

298
Loan Growth Rate
growth
Value: -10.67%
Peer Avg: 5.27%
#298 of 304 Bottom 2.3% in 1B-3B tier
298
AMR Growth Rate
growth
Value: -10.25%
Peer Avg: 3.29%
#298 of 304 Bottom 2.3% in 1B-3B tier
297
Asset Growth Rate
growth
Value: -8.70%
Peer Avg: 4.83%
#297 of 304 Bottom 2.6% in 1B-3B tier
297
Deposit Growth Rate
growth
Value: -6.09%
Peer Avg: 5.58%
#297 of 304 Bottom 2.6% in 1B-3B tier
296
Net Charge-Off Rate
risk
Value: 1.62%
Peer Avg: 0.60%
#296 of 304 Bottom 3.0% in 1B-3B tier
289
Return on Assets (ROA)
profitability
Value: 0.09%
Peer Avg: 0.70%
#289 of 304 Bottom 5.3% in 1B-3B tier
282
Total Delinquency Rate (60+ days)
risk
Value: 1.65%
Peer Avg: 0.83%
#282 of 304 Bottom 7.6% in 1B-3B tier
258
Members Per Employee (MPE)
engagement
Value: 286.017
Peer Avg: 364.953
#258 of 304 Bottom 15.5% in 1B-3B tier
242
Total Members
engagement
Value: 66,070
Peer Avg: 98,678
#242 of 304 Bottom 20.7% in 1B-3B tier
236
Fee Income Per Member
profitability
Value: $160.39
Peer Avg: $210.52
#236 of 304 Bottom 22.7% in 1B-3B tier