FIRST

Charter #24673 | IA

100M-500M (1077 CUs) Micro
17 100M-500M in IA

FIRST has 3 strengths but faces 15 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 31.9% in tier
  • + Wallet Share Momentum: Top 33.1% in tier
  • + Loan-to-Share Ratio: Top 7.1% in tier

Key Concerns

Areas that may need attention

  • - Institutional Decline: Bottom 7.5% in tier
  • - Membership Headwinds: Bottom 7.5% in tier
  • - Efficiency Drag: Bottom 11.5% in tier
  • - Stagnation Risk: Bottom 19.3% in tier
  • - Liquidity Strain: Bottom 24.8% in tier
  • - ROA 1.20% below tier average
  • - Efficiency ratio 21.37% above tier (higher cost structure)
  • - Delinquency rate 0.29% above tier average
  • - Member decline: -4.7% YoY
  • - Asset Growth Rate: Bottom 2.1% in tier
  • - Net Worth Ratio: Bottom 2.1% in tier
  • - Net Interest Margin (NIM): Bottom 2.6% in tier
  • - First Mortgage Concentration (%): Bottom 3.5% in tier
  • - Share Certificate Concentration (%): Bottom 4.7% in tier
  • - Loan Growth Rate: Bottom 8.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (IA) National Avg Tier Percentile
Members 10,369
-4.7% YoY-1.1% QoQ
 -5.3K 15,628
-3.4% YoY
 24,664
+0.3% YoY
 33,089
+6.1% YoY
 32nd in tier
Assets $179.9M
-6.7% YoY-1.4% QoQ
 $-51.4M $231.3M
-0.0% YoY
 $515.3M
+7.1% YoY
 $547.7M
+7.8% YoY
 43rd in tier
Loans $145.5M
-6.5% YoY+0.7% QoQ
 $-2.3M $147.8M
-1.4% YoY
 $418.6M
+8.3% YoY
 $388.7M
+8.6% YoY
 59th in tier
Deposits $152.9M
-0.1% YoY-0.3% QoQ
 $-47.4M $200.3M
-0.0% YoY
 $421.4M
+6.5% YoY
 $464.6M
+9.3% YoY
 42nd in tier
ROA -0.4%
-40.6% YoY+9.1% QoQ
 -1.2% 0.8%
+15.5% YoY
 1.0%
+0.3% YoY
 0.7%
+273.4% YoY
 Bottom 2.4% in tier
NIM 2.1%
+12.5% YoY+3.8% QoQ
 -1.5% 3.6%
+6.9% YoY
 3.8%
+3.9% YoY
 3.7%
+5.0% YoY
 Bottom 2.5% in tier
Efficiency Ratio 98.6%
-11.3% YoY+1.9% QoQ
 +21.4% 77.3%
-3.0% YoY
 72.0%
+0.4% YoY
 79.1%
-3.3% YoY
 Top 2.8% in tier
Delinquency Rate 1.1%
-7.2% YoY-34.2% QoQ
 +0.3 0.9%
+7.6% YoY
 1.2%
-5.8% YoY
 1.2%
-0.9% YoY
 Top 23.9% in tier
Loan To Share 95.2%
-6.4% YoY+1.0% QoQ
 +22.5% 72.7%
-1.5% YoY
 77.1%
-1.2% YoY
 68.0%
-1.7% YoY
 Top 7.1% in tier
AMR $28,780
+1.5% YoY+1.3% QoQ
 +$4K $24,363
+2.9% YoY
 $20,702
+4.3% YoY
 $19,418
+1.3% YoY
 Top 20.6% in tier
CD Concentration 42.7%
-1.8% YoY+1.6% QoQ
 +18.3% 24.4%
+4.2% YoY
 22.0%
+1.0% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 10.5%
-20.8% YoY-6.1% QoQ
 -3.5% 14.0%
-5.8% YoY
 9.3%
-2.2% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#881 of 1006 • Top 31.9% in tier

Average member relationship growing year-over-year. Increasing engagement suggests members are consolidating more business here.

Why This Signature
AMR Growth (YoY): 1.48%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.4K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#912 of 1006 • Top 33.1% in tier

Average member relationship growing year-over-year. Members are deepening their engagement.

Why This Signature
AMR Growth (YoY): 1.48%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (5)

Institutional Decline

decline
#60 of 256 • Bottom 7.5% in tier

Both members and loans declining - the institution is contracting. Leadership is likely under pressure to reverse course.

Why This Signature
Total Assets: $179.85M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -4.74%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -6.53%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | Rank worsening

Membership Headwinds

decline
#125 of 550 • Bottom 7.5% in tier

Membership declining year-over-year. They need solutions to stop the bleeding before it impacts revenue.

Why This Signature
Member Growth (YoY): -4.74%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Efficiency Drag

risk
#203 of 521 • Bottom 11.5% in tier

High efficiency ratio (>80%) indicates elevated operating costs relative to revenue. Margin improvement opportunities may exist.

Why This Signature
Efficiency Ratio: 98.65%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.28% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): -4.74%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank worsening

Stagnation Risk

risk
#318 of 550 • Bottom 19.3% 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: -0.41%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -4.74%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $28.8K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 42.67%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | Rank worsening

Liquidity Strain

risk
#193 of 258 • Bottom 24.8% in tier

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

Why This Signature
Loan-to-Share Ratio: 95.16%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): -6.53%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
258 of 1077 Community CUs have this signature | 484 nationally
↓ Shrinking -28 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 1077 peers in tier

Top Strengths (4 metrics)

77
Loan-to-Share Ratio
balance_sheet
Value: 95.16%
Peer Avg: 72.70%
#77 of 1077 Top 7.1% in 100M-500M tier
143
Loan-to-Member Ratio (LMR)
engagement
Value: $14,033
Peer Avg: $10,245
#143 of 1077 Top 13.2% in 100M-500M tier
215
Members Per Employee (MPE)
engagement
Value: 398.808
Peer Avg: 332.881
#215 of 1077 Top 19.9% in 100M-500M tier
222
Average Member Relationship (AMR)
engagement
Value: $28,780
Peer Avg: $24,363
#222 of 1077 Top 20.5% in 100M-500M tier

Top Weaknesses (11 metrics)

1055
Asset Growth Rate
growth
Value: -6.67%
Peer Avg: 4.70%
#1055 of 1077 Bottom 2.1% in 100M-500M tier
1055
Net Worth Ratio
risk
Value: 7.67%
Peer Avg: 12.15%
#1055 of 1077 Bottom 2.1% in 100M-500M tier
1051
Return on Assets (ROA)
profitability
Value: -0.41%
Peer Avg: 0.79%
#1051 of 1077 Bottom 2.5% in 100M-500M tier
1050
Net Interest Margin (NIM)
profitability
Value: 2.11%
Peer Avg: 3.58%
#1050 of 1077 Bottom 2.6% in 100M-500M tier
1048
Efficiency Ratio
profitability
Value: 98.65%
Peer Avg: 77.28%
#1048 of 1077 Bottom 2.8% in 100M-500M tier
1040
First Mortgage Concentration (%)
balance_sheet
Value: 66.37%
Peer Avg: 30.43%
#1040 of 1077 Bottom 3.5% in 100M-500M tier
1027
Share Certificate Concentration (%)
balance_sheet
Value: 42.67%
Peer Avg: 23.61%
#1027 of 1077 Bottom 4.7% in 100M-500M tier
986
Loan Growth Rate
growth
Value: -6.53%
Peer Avg: 3.45%
#986 of 1077 Bottom 8.5% in 100M-500M tier
967
Member Growth Rate
growth
Value: -4.74%
Peer Avg: 0.72%
#967 of 1077 Bottom 10.3% in 100M-500M tier
877
Deposit Growth Rate
growth
Value: -0.08%
Peer Avg: 4.69%
#877 of 1077 Bottom 18.7% in 100M-500M tier