FIRST AREA
Charter #61756 | MI
<100M
(2596 CUs)
Micro
($0-$500M)
61 <100M in MI
FIRST AREA has 1 strength but faces 4 concerns
Key Strengths
Areas where this CU excels compared to peers
- + Net Charge-Off Rate: Top 4.8% in tier
Key Concerns
Areas that may need attention
- - ROA 0.26% below tier average
- - Efficiency ratio 8.25% above tier (higher cost structure)
- - Member decline: -10.1% YoY
- - Member Growth Rate: Bottom 5.8% in tier
Core Metrics
As of 2025-Q3
| Metric | Current | vs Tier | Tier Avg | State Avg (MI) | National Avg | Tier Percentile |
|---|---|---|---|---|---|---|
| Members |
2,896
-10.1% YoY-1.1% QoQ
|
+270 |
2,625
-2.2% YoY
|
35,456
+8.6% YoY
|
33,089
+6.1% YoY
|
65th in tier |
| Assets |
$37.3M
-4.5% YoY-5.8% QoQ
|
+$7.5M |
$29.9M
+1.1% YoY
|
$650.8M
+12.6% YoY
|
$547.7M
+7.8% YoY
|
67th in tier |
| Loans |
$17.7M
+2.0% YoY+1.4% QoQ
|
+$2.0M |
$15.8M
-2.4% YoY
|
$461.6M
+14.9% YoY
|
$388.7M
+8.6% YoY
|
66th in tier |
| Deposits |
$34.2M
-5.5% YoY-6.7% QoQ
|
+$8.8M |
$25.5M
+0.4% YoY
|
$550.3M
+12.5% YoY
|
$464.6M
+9.3% YoY
|
69th in tier |
| ROA |
0.4%
-378.9% YoY+197.8% QoQ
|
-0.3% |
0.7%
-731.4% YoY
|
0.8%
-27.1% YoY
|
0.7%
+273.4% YoY
|
33rd in tier |
| NIM |
3.1%
+33.5% YoY+3.4% QoQ
|
-0.8% |
3.9%
+3.8% YoY
|
3.7%
+8.5% YoY
|
3.7%
+5.0% YoY
|
Bottom 21.1% in tier |
| Efficiency Ratio |
89.6%
-15.5% YoY-6.6% QoQ
|
+8.2% |
81.4%
-2.4% YoY
|
76.1%
-1.3% YoY
|
79.1%
-3.3% YoY
|
Top 24.1% in tier |
| Delinquency Rate |
1.4%
+2042.0% YoY+3139.3% QoQ
|
-0.1 |
1.5%
-2.0% YoY
|
0.9%
-19.7% YoY
|
1.2%
-0.9% YoY
|
72nd in tier |
| Loan To Share |
51.7%
+8.0% YoY+8.8% QoQ
|
-9.5% |
61.2%
-3.0% YoY
|
68.1%
+0.3% YoY
|
68.0%
-1.7% YoY
|
35th in tier |
| AMR |
$17,945
+7.7% YoY-3.0% QoQ
|
+$3K |
$14,627
-2.7% YoY
|
$22,054
+2.5% YoY
|
$19,418
+1.3% YoY
|
71st in tier |
| CD Concentration |
14.7%
-10.4% YoY+16.9% QoQ
|
-9.7% |
24.4%
+4.2% YoY
|
18.6%
+6.0% YoY
|
19.6%
+6.2% YoY
|
50th in tier |
| Indirect Auto % |
4.2%
-31.0% YoY-7.0% QoQ
|
-9.8% |
14.0%
-5.8% YoY
|
11.9%
-2.7% YoY
|
7.9%
-2.9% YoY
|
50th in tier |
Signature Analysis
Strengths (0)
No strengths identified
Concerns (0)
No concerns identified
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)
Top Strengths (2 metrics)
126
Net Charge-Off Rate
risk
Value:
-0.07%
Peer Avg: 0.57%
#126 of 2596
Top 4.8% in <100M tier
383
AMR Growth Rate
growth
Value:
7.74%
Peer Avg: 4.67%
#383 of 2596
Top 14.7% in <100M tier
Top Weaknesses (8 metrics)
2447
Member Growth Rate
growth
Value:
-10.06%
Peer Avg: 14.92%
#2447 of 2596
Bottom 5.8% in <100M tier
2289
Indirect Auto Concentration (%)
balance_sheet
Value:
4.21%
Peer Avg: 2.84%
#2289 of 2596
Bottom 11.9% in <100M tier
2201
First Mortgage Concentration (%)
balance_sheet
Value:
35.97%
Peer Avg: 14.49%
#2201 of 2596
Bottom 15.3% in <100M tier
2191
Asset Growth Rate
growth
Value:
-4.53%
Peer Avg: 1.82%
#2191 of 2596
Bottom 15.6% in <100M tier
2186
Deposit Growth Rate
growth
Value:
-5.55%
Peer Avg: 16.80%
#2186 of 2596
Bottom 15.8% in <100M tier
2049
Net Interest Margin (NIM)
profitability
Value:
3.10%
Peer Avg: 3.93%
#2049 of 2596
Bottom 21.1% in <100M tier
2016
Net Worth Ratio
risk
Value:
10.67%
Peer Avg: 16.43%
#2016 of 2596
Bottom 22.4% in <100M tier
1971
Efficiency Ratio
profitability
Value:
89.64%
Peer Avg: 81.39%
#1971 of 2596
Bottom 24.1% in <100M tier