SECURITY FIRST

Charter #5547 | TX

500M-750M (169 CUs) Community (281 CUs)
16 500M-750M in TX

SECURITY FIRST has 5 strengths but faces 6 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 22.9% in tier
  • + Relationship Depth Leader: Top 24.2% in tier
  • + Organic Growth Engine: Top 31.5% in tier
  • + ROA 0.19% above tier average
  • + First Mortgage Concentration (%): Top 8.9% in tier

Key Concerns

Areas that may need attention

  • - Indirect Auto Dependency: Bottom 5.8% in tier
  • - Growth-at-Risk: Bottom 11.4% in tier
  • - Credit Quality Pressure: Bottom 14.8% in tier
  • - Delinquency rate 0.65% above tier average
  • - Indirect Auto Concentration (%): Bottom 1.8% in tier
  • - Total Assets: Bottom 9.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (TX) National Avg Tier Percentile
Members 42,309
+0.6% YoY+0.6% QoQ
 +2.6K 39,752
-2.7% YoY
 26,896
+3.7% YoY
 33,089
+6.1% YoY
 61st in tier
Assets $517.5M
+3.0% YoY-1.2% QoQ
 $-104.8M $622.4M
+0.3% YoY
 $411.3M
+5.9% YoY
 $547.7M
+7.8% YoY
 Bottom 8.9% in tier
Loans $367.7M
+7.6% YoY+0.5% QoQ
 $-68.3M $435.9M
-0.4% YoY
 $295.8M
+5.3% YoY
 $388.7M
+8.6% YoY
 Bottom 21.9% in tier
Deposits $456.1M
+1.6% YoY-1.5% QoQ
 $-81.9M $538.0M
+1.3% YoY
 $341.5M
+6.1% YoY
 $464.6M
+9.3% YoY
 Bottom 10.7% in tier
ROA 0.8%
+184.8% YoY-23.2% QoQ
 +0.2% 0.7%
+33.9% YoY
 0.5%
-24.0% YoY
 0.7%
+273.4% YoY
 66th in tier
NIM 3.4%
+3.5% YoY+1.9% QoQ
 -0.0% 3.4%
+8.6% YoY
 3.9%
+4.3% YoY
 3.7%
+5.0% YoY
 47th in tier
Efficiency Ratio 73.7%
-2.5% YoY-0.7% QoQ
 -4.4% 78.1%
-3.4% YoY
 79.6%
-0.9% YoY
 79.1%
-3.3% YoY
 28th in tier
Delinquency Rate 1.4%
+15.5% YoY+1.2% QoQ
 +0.6 0.8%
-4.9% YoY
 1.2%
+20.3% YoY
 1.2%
-0.9% YoY
 Top 14.2% in tier
Loan To Share 80.6%
+5.9% YoY+2.0% QoQ
 -0.4% 81.0%
-1.8% YoY
 71.8%
-2.5% YoY
 68.0%
-1.7% YoY
 43rd in tier
AMR $19,472
+3.5% YoY-1.3% QoQ
 $-7K $26,482
+2.6% YoY
 $17,515
+1.3% YoY
 $19,418
+1.3% YoY
 Bottom 14.2% in tier
CD Concentration 24.9%
-8.1% YoY+0.0% QoQ
 +0.5% 24.4%
+4.2% YoY
 20.9%
+7.1% YoY
 19.6%
+6.2% YoY
 52nd in tier
Indirect Auto % 63.9%
+13.2% YoY+0.9% QoQ
 +49.9% 14.0%
-5.8% YoY
 7.2%
-0.2% YoY
 7.9%
-2.9% YoY
 Top 1.6% in tier

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#631 of 1006 • Top 22.9% in tier

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

Why This Signature
AMR Growth (YoY): 3.55%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#669 of 1006 • Top 24.2% in tier

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

Why This Signature
AMR Growth (YoY): 3.55%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.5K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Organic Growth Engine

growth
#577 of 603 • Top 31.5% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 0.62%
(Tier: 0.88%, National: 9.37%)
but worse than tier avg
Return on Assets: 0.84%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 63.86%
(Tier: 13.96%, National: 7.90%)
but worse than tier avg
603 of 281 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Concerns (3)

Indirect Auto Dependency

risk
#94 of 525 • Bottom 5.8% in tier

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

Why This Signature
Asset Growth (YoY): 3.02%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 63.86%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 0.62%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Growth-at-Risk

risk
#172 of 446 • Bottom 11.4% in tier

Loan portfolio growing while delinquencies are rising. Expansion with deteriorating credit quality needs attention.

Why This Signature
Loan Growth (YoY): 7.62%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.19% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank improving

Credit Quality Pressure

risk
#367 of 736 • Bottom 14.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.19% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 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 169 peers in tier

Top Strengths (1 metrics)

16
First Mortgage Concentration (%)
balance_sheet
Value: 14.07%
Peer Avg: 33.53%
#16 of 169 Top 8.9% in 500M-750M tier

Top Weaknesses (8 metrics)

167
Indirect Auto Concentration (%)
balance_sheet
Value: 63.86%
Peer Avg: 16.19%
#167 of 169 Bottom 1.8% in 500M-750M tier
154
Total Assets
balance_sheet
Value: $517.54M
Peer Avg: $622.38M
#154 of 169 Bottom 9.5% in 500M-750M tier
151
Total Deposits
balance_sheet
Value: $456.15M
Peer Avg: $538.02M
#151 of 169 Bottom 11.2% in 500M-750M tier
146
Total Delinquency Rate (60+ days)
risk
Value: 1.44%
Peer Avg: 0.80%
#146 of 169 Bottom 14.2% in 500M-750M tier
145
Average Member Relationship (AMR)
engagement
Value: $19,472
Peer Avg: $26,482
#145 of 169 Bottom 14.8% in 500M-750M tier
134
Loan-to-Member Ratio (LMR)
engagement
Value: $8,691
Peer Avg: $11,805
#134 of 169 Bottom 21.3% in 500M-750M tier
132
Total Loans
balance_sheet
Value: $367.69M
Peer Avg: $435.95M
#132 of 169 Bottom 22.5% in 500M-750M tier
128
Deposit Growth Rate
growth
Value: 1.58%
Peer Avg: 5.25%
#128 of 169 Bottom 24.9% in 500M-750M tier