FIRST HARVEST

Charter #3951 | NJ

100M-500M (1077 CUs) Micro
25 100M-500M in NJ

FIRST HARVEST has 10 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 4.0% in tier
  • + Organic Growth Engine: Top 9.0% in tier
  • + ROA 0.04% above tier average
  • + Strong member growth: 6.4% YoY
  • + Total Members: Top 0.3% in tier
  • + Total Deposits: Top 4.0% in tier
  • + Total Assets: Top 4.5% in tier
  • + Fee Income Per Member: Top 5.0% in tier
  • + Total Loans: Top 5.7% in tier
  • + Member Growth Rate: Top 6.3% in tier

Key Concerns

Areas that may need attention

  • - Flatlined Growth: Bottom 8.7% in tier
  • - Efficiency Drag: Bottom 29.2% in tier
  • - Efficiency ratio 4.76% above tier (higher cost structure)
  • - Net Worth Ratio: Bottom 7.2% in tier
  • - Net Interest Margin (NIM): Bottom 7.9% in tier
  • - Average Member Relationship (AMR): Bottom 8.0% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NJ) National Avg Tier Percentile
Members 48,368
+6.4% YoY+1.8% QoQ
 +32.7K 15,628
-3.4% YoY
 7,324
+5.9% YoY
 33,089
+6.1% YoY
 Top 0.4% in tier
Assets $450.6M
+0.2% YoY+0.2% QoQ
 +$219.3M $231.3M
-0.0% YoY
 $116.8M
+7.2% YoY
 $547.7M
+7.8% YoY
 Top 4.5% in tier
Loans $302.7M
+11.3% YoY+6.7% QoQ
 +$154.9M $147.8M
-1.4% YoY
 $73.2M
+8.5% YoY
 $388.7M
+8.6% YoY
 Top 5.8% in tier
Deposits $395.9M
+3.3% YoY+0.0% QoQ
 +$195.6M $200.3M
-0.0% YoY
 $98.4M
+6.8% YoY
 $464.6M
+9.3% YoY
 Top 4.1% in tier
ROA 0.8%
-758.7% YoY-37.5% QoQ
 +0.0% 0.8%
+15.5% YoY
 0.5%
+264.7% YoY
 0.7%
+273.4% YoY
 54th in tier
NIM 2.6%
+8.2% YoY+2.5% QoQ
 -1.0% 3.6%
+6.9% YoY
 3.8%
+6.0% YoY
 3.7%
+5.0% YoY
 Bottom 7.8% in tier
Efficiency Ratio 82.0%
-17.4% YoY+9.9% QoQ
 +4.8% 77.3%
-3.0% YoY
 84.8%
-21.5% YoY
 79.1%
-3.3% YoY
 67th in tier
Delinquency Rate 0.6%
-30.1% YoY-9.0% QoQ
 -0.3 0.9%
+7.6% YoY
 1.9%
+8.8% YoY
 1.2%
-0.9% YoY
 44th in tier
Loan To Share 76.4%
+7.8% YoY+6.7% QoQ
 +3.7% 72.7%
-1.5% YoY
 53.7%
-2.5% YoY
 68.0%
-1.7% YoY
 55th in tier
AMR $14,443
+0.2% YoY+0.9% QoQ
 $-10K $24,363
+2.9% YoY
 $15,980
-4.9% YoY
 $19,418
+1.3% YoY
 Bottom 7.9% in tier
CD Concentration 16.0%
-28.1% YoY+4.4% QoQ
 -8.4% 24.4%
+4.2% YoY
 14.2%
+4.6% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 11.4%
+71.2% QoQ
 -2.5% 14.0%
-5.8% YoY
 0.9%
-16.1% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (2)

Organic Growth Leader

growth
#53 of 430 • Top 4.0% in tier

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

Why This Signature
Member Growth (YoY): 6.45%
(Tier: 0.88%, National: 9.37%)
better than tier avg
430 of 1077 Community CUs have this signature | 608 nationally
↓ Shrinking -21 CUs YoY | New qualifier

Organic Growth Engine

growth
#165 of 603 • Top 9.0% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 6.45%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.82%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 11.44%
(Tier: 13.96%, National: 7.90%)
better than tier avg
603 of 1077 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | New qualifier

Concerns (2)

Flatlined Growth

risk
#10 of 58 • Bottom 8.7% in tier

Asset growth has flattened despite healthy profitability. May indicate a need to reassess growth strategy.

Why This Signature
Total Assets: $450.62M
(Tier: $231.30M, National: $547.69M)
but better than tier avg
Asset Growth (YoY): 0.22%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Return on Assets: 0.82%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
58 of 1077 Community CUs have this signature | 82 nationally
↑ Growing +10 CUs YoY | New qualifier

Efficiency Drag

risk
#515 of 521 • Bottom 29.2% in tier

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

Why This Signature
Efficiency Ratio: 82.03%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): 0.95% points
(Tier: 0.11% points, National: 0.05% points)
but better than tier avg
Member Growth (YoY): 6.45%
(Tier: 0.88%, National: 9.37%)
but better than tier avg
521 of 1077 Community CUs have this signature | 624 nationally
↓ Shrinking -113 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 (8 metrics)

4
Total Members
engagement
Value: 48,368
Peer Avg: 15,628
#4 of 1077 Top 0.3% in 100M-500M tier
44
Total Deposits
balance_sheet
Value: $395.91M
Peer Avg: $200.29M
#44 of 1077 Top 4.0% in 100M-500M tier
49
Total Assets
balance_sheet
Value: $450.62M
Peer Avg: $231.30M
#49 of 1077 Top 4.5% in 100M-500M tier
55
Fee Income Per Member
profitability
Value: $304.77
Peer Avg: $174.31
#55 of 1077 Top 5.0% in 100M-500M tier
62
Total Loans
balance_sheet
Value: $302.66M
Peer Avg: $147.80M
#62 of 1077 Top 5.7% in 100M-500M tier
69
Member Growth Rate
growth
Value: 6.45%
Peer Avg: 0.72%
#69 of 1077 Top 6.3% in 100M-500M tier
127
Loan Growth Rate
growth
Value: 11.33%
Peer Avg: 3.45%
#127 of 1077 Top 11.7% in 100M-500M tier
244
Members Per Employee (MPE)
engagement
Value: 386.944
Peer Avg: 332.881
#244 of 1077 Top 22.6% in 100M-500M tier

Top Weaknesses (7 metrics)

1000
Net Worth Ratio
risk
Value: 8.40%
Peer Avg: 12.15%
#1000 of 1077 Bottom 7.2% in 100M-500M tier
993
Net Interest Margin (NIM)
profitability
Value: 2.61%
Peer Avg: 3.58%
#993 of 1077 Bottom 7.9% in 100M-500M tier
992
Average Member Relationship (AMR)
engagement
Value: $14,443
Peer Avg: $24,363
#992 of 1077 Bottom 8.0% in 100M-500M tier
906
Loan-to-Member Ratio (LMR)
engagement
Value: $6,258
Peer Avg: $10,245
#906 of 1077 Bottom 16.0% in 100M-500M tier
868
Asset Growth Rate
growth
Value: 0.22%
Peer Avg: 4.70%
#868 of 1077 Bottom 19.5% in 100M-500M tier
831
AMR Growth Rate
growth
Value: 0.17%
Peer Avg: 3.64%
#831 of 1077 Bottom 22.9% in 100M-500M tier
811
First Mortgage Concentration (%)
balance_sheet
Value: 42.14%
Peer Avg: 30.43%
#811 of 1077 Bottom 24.8% in 100M-500M tier