BlastPoint's Credit Union Scorecard

FIRST SOUTH FINANCIAL

Charter #24963 · TN

Community 750M-1B
117 CUs in 750M-1B nationally 3 in TN
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FIRST SOUTH FINANCIAL has 5 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + ROA 1.50% above tier average
  • + Net Interest Margin 0.80% above tier average
  • + Net Worth Ratio: Top 0.0% in tier
  • + Efficiency Ratio: Top 2.6% in tier
  • + Members Per Employee (MPE): Top 5.1% in tier

Key Concerns

Areas that may need attention

  • - Margin Compression: Bottom 0.0% in tier
  • - Indirect Auto Dependency: Bottom 7.3% in tier
  • - Liquidity Overhang: Bottom 30.6% in tier
  • - Institutional Decline: Bottom 38.9% in tier
  • - Stagnation Risk: Bottom 72.9% in tier
  • - Membership Headwinds: Bottom 96.8% in tier
  • - Total Deposits: Bottom 1.7% in tier
  • - Average Member Relationship (AMR): Bottom 1.7% in tier
  • - Loan Growth Rate: Bottom 2.6% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 3.4% in tier

Core Metrics

As of 2025-Q4

Metric Current vs Tier Tier Avg State Avg (TN) National Avg Tier Percentile
Members 71,399
-0.7% YoY-0.6% QoQ
+19.3K 52,084
-1.6% YoY
21,265
+4.5% YoY
33,374
+5.7% YoY
Top 11.1% in tier
Assets $828.8M
+7.8% YoY+2.4% QoQ
$-35.1M $863.9M
+0.5% YoY
$372.5M
+10.3% YoY
$561.6M
+9.7% YoY
37%
Loans $474.6M
-8.7% YoY-1.8% QoQ
$-131.2M $605.8M
+1.4% YoY
$275.7M
+8.6% YoY
$397.0M
+8.8% YoY
Bottom 11.1% in tier
Deposits $567.7M
+7.5% YoY+2.4% QoQ
$-169.5M $737.3M
+0.1% YoY
$312.1M
+9.5% YoY
$477.3M
+9.7% YoY
Bottom 0.9% in tier

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Tier 1
50+ financial metrics with peer benchmarks
Performance signatures (strengths & concerns)
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ROA 2.2%
-13.8% YoY-3.3% QoQ
+1.5% 0.7%
+39.1% YoY
0.7%
-5.8% YoY
0.7%
+15.9% YoY
Top 1.7% in tier
NIM 4.2%
-3.3% YoY-1.8% QoQ
+0.8% 3.4%
+8.7% YoY
3.8%
+3.7% YoY
3.8%
+5.1% YoY
Top 8.5% in tier
Efficiency Ratio 49.2%
+1.8% YoY-0.6% QoQ
-25.2% 74.3%
-3.6% YoY
79.4%
+2.9% YoY
79.7%
-3.3% YoY
Bottom 2.6% in tier
Delinquency Rate 0.3%
-33.6% YoY-25.5% QoQ
-0.6 0.9%
+3.8% YoY
1.1%
-12.6% YoY
1.3%
-2.1% YoY
16%
Loan To Share 83.6%
-15.1% YoY-4.1% QoQ
+1.0% 82.6%
+1.1% YoY
70.0%
-2.2% YoY
67.4%
-1.7% YoY
44%
AMR $14,599
+0.1% YoY+1.1% QoQ
$-14K $28,873
+2.7% YoY
$18,770
+3.9% YoY
$19,687
+2.0% YoY
Bottom 0.9% in tier
CD Concentration 20.7%
+24.3% YoY+6.2% QoQ
-3.7% 24.4% 22.4% 19.8% 37%
Indirect Auto % 40.1%
-3.9% YoY-2.1% QoQ
+26.3% 13.8% 6.7% 7.8% Top 8.3% in tier

Signature Analysis

Strengths (0)

No strengths identified

Concerns (6)

Margin Compression

decline
#1 of 123 • Bottom 0.0% in tier

Profitability above 0.75% ROA but margins eroding by at least 0.10%. Something changed - rising costs or falling yields need addressing.

Why This Signature
Return on Assets: 2.25%
(Tier: 0.75%, National: 0.67%)
but better than tier avg
ROA (Prior Year): 2.61%
(Tier: 0.63%, National: 0.62%)
but better than tier avg
ROA Change (YoY): -0.36% points
(Tier: 0.11% points, National: 0.02% points)
worse than tier avg
123 of 282 Community CUs have this signature | 145 nationally
→ No prior data (123 CUs now) | New qualifier

Indirect Auto Dependency

risk
#38 of 506 • Bottom 7.3% in tier

Significant portion of loan portfolio in indirect auto (>15%). This concentration creates dependency on dealer relationships.

Why This Signature
Asset Growth (YoY): 7.80%
(Tier: 5.37%, National: 3.54%)
but better than tier avg
Indirect Auto %: 40.06%
(Tier: 13.79%, National: 7.78%)
worse than tier avg
Member Growth (YoY): -0.67%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
745 nationally
↓ Shrinking -35 CUs YoY | Rank improving

Liquidity Overhang

risk
#42 of 135 • Bottom 30.6% in tier

Exceptional capital position (>16%, top quartile). Strong fundamentals—opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 30.36%
(Tier: 11.97%, National: 14.49%)
but better than tier avg
Loan-to-Share Ratio: 83.60%
(Tier: 74.08%, National: 67.44%)
but better than tier avg
135 of 282 Community CUs have this signature | 155 nationally
↑ Growing +17 CUs YoY | Rank improving

Institutional Decline

decline
#94 of 240 • Bottom 38.9% in tier

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

Why This Signature
Total Assets: $828.77M
(Tier: $334.15M, National: $561.61M)
but better than tier avg
Member Growth (YoY): -0.67%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): -8.73%
(Tier: 4.11%, National: 111.96%)
worse than tier avg
240 of 282 Community CUs have this signature | 277 nationally
→ No prior data (240 CUs now) | New qualifier

Stagnation Risk

risk
#404 of 554 • Bottom 72.9% in tier

Membership shrinking at least 0.5% year-over-year. Declining member base creates long-term risk even if current operations appear healthy.

Why This Signature
Member Growth (YoY): -0.67%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
Loan Growth (YoY): -8.73%
(Tier: 4.11%, National: 111.96%)
worse than tier avg
Delinquency Rate: 0.31%
(Tier: 0.89%, National: 1.28%)
but better than tier avg
652 nationally
→ No prior data (554 CUs now) | New qualifier

Membership Headwinds

decline
#536 of 554 • Bottom 96.8% in tier

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

Why This Signature
Member Growth (YoY): -0.67%
(Tier: 0.69%, National: 4.32%)
worse than tier avg
652 nationally
→ No prior data (554 CUs now) | New qualifier

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 117 peers in tier

Top Strengths (9 metrics)

1
Net Worth Ratio
risk
Value: 30.36%
Peer Median: -
#1 of 117 Top 0.0% in 750M-1B tier
2
Return on Assets (ROA)
profitability
Value: 2.25%
Peer Median: -
#2 of 117 Top 0.9% in 750M-1B tier
4
Efficiency Ratio
profitability
Value: 49.19%
Peer Median: -
#4 of 117 Top 2.6% in 750M-1B tier
7
Members Per Employee (MPE)
engagement
Value: 528.881
Peer Median: -
#7 of 117 Top 5.1% in 750M-1B tier
10
Net Interest Margin (NIM)
profitability
Value: 4.19%
Peer Median: -
#10 of 117 Top 7.7% in 750M-1B tier
13
Total Members
engagement
Value: 71,399
Peer Median: -
#13 of 117 Top 10.3% in 750M-1B tier
14
Fee Income Per Member
profitability
Value: $308.15
Peer Median: -
#14 of 117 Top 11.1% in 750M-1B tier
20
Total Delinquency Rate (60+ days)
risk
Value: 0.31%
Peer Median: -
#20 of 117 Top 16.2% in 750M-1B tier
22
Share Certificate Concentration (%)
balance_sheet
Value: 20.71%
Peer Median: -
#22 of 117 Top 17.9% in 750M-1B tier

Top Weaknesses (8 metrics)

116
Total Deposits
balance_sheet
Value: $567.75M
Peer Median: -
#116 of 117 Bottom 1.7% in 750M-1B tier
116
Average Member Relationship (AMR)
engagement
Value: $14,599
Peer Median: -
#116 of 117 Bottom 1.7% in 750M-1B tier
115
Loan Growth Rate
growth
Value: -8.73%
Peer Median: -
#115 of 117 Bottom 2.6% in 750M-1B tier
114
Loan-to-Member Ratio (LMR)
engagement
Value: $6,647
Peer Median: -
#114 of 117 Bottom 3.4% in 750M-1B tier
106
Indirect Auto Concentration (%)
balance_sheet
Value: 40.06%
Peer Median: -
#106 of 117 Bottom 10.3% in 750M-1B tier
104
Total Loans
balance_sheet
Value: $474.62M
Peer Median: -
#104 of 117 Bottom 12.0% in 750M-1B tier
101
AMR Growth Rate
growth
Value: 0.09%
Peer Median: -
#101 of 117 Bottom 14.5% in 750M-1B tier
101
Net Charge-Off Rate
risk
Value: 1.00%
Peer Median: -
#101 of 117 Bottom 14.5% in 750M-1B tier
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