FIRST AMERICAN

Charter #64412 | AZ

100M-500M (1077 CUs) Micro
8 100M-500M in AZ

FIRST AMERICAN has 7 strengths but faces 19 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Wallet Share Momentum: Top 16.9% in tier
  • + Emerging Performer: Top 19.6% in tier
  • + Relationship Depth Leader: Top 27.0% in tier
  • + ROA 0.89% above tier average
  • + Net Interest Margin 0.88% above tier average
  • + Share Certificate Concentration (%): Top 7.8% in tier
  • + First Mortgage Concentration (%): Top 8.4% in tier

Key Concerns

Areas that may need attention

  • - Membership Headwinds: Bottom 1.5% in tier
  • - Stagnation Risk: Bottom 2.0% in tier
  • - Credit Quality Pressure: Bottom 2.5% in tier
  • - Institutional Decline: Bottom 6.2% in tier
  • - Indirect Auto Dependency: Bottom 8.5% in tier
  • - Liquidity Overhang: Bottom 16.2% in tier
  • - Cost Spiral: Bottom 20.2% in tier
  • - Delinquency rate 0.22% above tier average
  • - Member decline: -12.1% YoY
  • - Member Growth Rate: Bottom 2.4% in tier
  • - Indirect Auto Concentration (%): Bottom 2.4% in tier
  • - Loan Growth Rate: Bottom 2.7% in tier
  • - Deposit Growth Rate: Bottom 3.2% in tier
  • - Average Member Relationship (AMR): Bottom 3.6% in tier
  • - Total Deposits: Bottom 4.6% in tier
  • - Total Assets: Bottom 5.7% in tier
  • - Loan-to-Member Ratio (LMR): Bottom 6.1% in tier
  • - Asset Growth Rate: Bottom 7.3% in tier
  • - Total Loans: Bottom 9.5% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (AZ) National Avg Tier Percentile
Members 12,029
-12.1% YoY-2.3% QoQ
 -3.6K 15,628
-3.4% YoY
 60,829
+5.9% YoY
 33,089
+6.1% YoY
 42nd in tier
Assets $107.9M
-2.9% YoY-1.3% QoQ
 $-123.4M $231.3M
-0.0% YoY
 $1.0B
+8.7% YoY
 $547.7M
+7.8% YoY
 Bottom 5.6% in tier
Loans $60.1M
-11.0% YoY-4.1% QoQ
 $-87.7M $147.8M
-1.4% YoY
 $651.1M
+13.2% YoY
 $388.7M
+8.6% YoY
 Bottom 9.4% in tier
Deposits $92.2M
-5.2% YoY-2.0% QoQ
 $-108.1M $200.3M
-0.0% YoY
 $883.8M
+10.9% YoY
 $464.6M
+9.3% YoY
 Bottom 4.5% in tier
ROA 1.7%
-5.0% YoY-0.6% QoQ
 +0.9% 0.8%
+15.5% YoY
 0.8%
+38.7% YoY
 0.7%
+273.4% YoY
 Top 7.5% in tier
NIM 4.5%
+2.7% YoY+1.6% QoQ
 +0.9% 3.6%
+6.9% YoY
 4.0%
+6.6% YoY
 3.7%
+5.0% YoY
 Top 9.9% in tier
Efficiency Ratio 70.5%
+9.5% YoY-1.3% QoQ
 -6.7% 77.3%
-3.0% YoY
 75.3%
-3.3% YoY
 79.1%
-3.3% YoY
 27th in tier
Delinquency Rate 1.1%
+380.7% YoY+235.8% QoQ
 +0.2 0.9%
+7.6% YoY
 0.9%
+2.1% YoY
 1.2%
-0.9% YoY
 74th in tier
Loan To Share 65.1%
-6.0% YoY-2.2% QoQ
 -7.6% 72.7%
-1.5% YoY
 71.1%
-3.6% YoY
 68.0%
-1.7% YoY
 31st in tier
AMR $12,661
+5.1% YoY-0.6% QoQ
 $-12K $24,363
+2.9% YoY
 $19,058
+3.8% YoY
 $19,418
+1.3% YoY
 Bottom 3.5% in tier
CD Concentration 8.0%
+35.5% YoY+3.1% QoQ
 -16.4% 24.4%
+4.2% YoY
 16.8%
+14.1% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 58.3%
-8.9% YoY-3.4% QoQ
 +44.4% 14.0%
-5.8% YoY
 23.2%
-8.0% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (3)

Wallet Share Momentum

growth
#467 of 1006 • Top 16.9% in tier

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

Why This Signature
AMR Growth (YoY): 5.14%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Emerging Performer

growth
#369 of 627 • Top 19.6% in tier

Profitable credit union with positive returns. May represent growth potential worth exploring.

Why This Signature
Return on Assets: 1.68%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Member Growth (YoY): -12.10%
(Tier: 0.88%, National: 9.37%)
but worse than tier avg
627 of 1077 Community CUs have this signature | 852 nationally
↑ Growing +13 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#746 of 1006 • Top 27.0% in tier

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

Why This Signature
AMR Growth (YoY): 5.14%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $1.9K
(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 | New qualifier

Concerns (7)

Membership Headwinds

decline
#25 of 550 • Bottom 1.5% in tier

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

Why This Signature
Member Growth (YoY): -12.10%
(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 | New qualifier

Stagnation Risk

risk
#33 of 550 • Bottom 2.0% 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: 1.68%
(Tier: 0.77%, National: 0.71%)
but better than tier avg
Member Growth (YoY): -12.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $12.7K
(Tier: $25.0K, National: $19.4K)
worse than tier avg
CD Concentration: 8.01%
(Tier: 24.41%, National: 19.60%)
but better than tier avg
550 of 1077 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Credit Quality Pressure

risk
#64 of 736 • Bottom 2.5% in tier

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

Why This Signature
Delinquency Change (YoY): 0.85% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 1077 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

Institutional Decline

decline
#50 of 256 • Bottom 6.2% in tier

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

Why This Signature
Total Assets: $107.93M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
Member Growth (YoY): -12.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Loan Growth (YoY): -10.97%
(Tier: 3.64%, National: 36.38%)
worse than tier avg
256 of 1077 Community CUs have this signature | 293 nationally
↓ Shrinking -43 CUs YoY | New qualifier

Indirect Auto Dependency

risk
#137 of 525 • Bottom 8.5% in tier

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

Why This Signature
Asset Growth (YoY): -2.87%
(Tier: 4.61%, National: 3.04%)
worse than tier avg
Indirect Auto %: 58.34%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): -12.10%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
525 of 1077 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank worsening

Liquidity Overhang

risk
#252 of 552 • Bottom 16.2% in tier

Very high net worth ratio (>12%). Strong capital position may indicate opportunity to deploy capital more productively.

Why This Signature
Net Worth Ratio: 13.39%
(Tier: 11.95%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 65.14%
(Tier: 74.56%, National: 67.96%)
worse than tier avg
552 of 1077 Community CUs have this signature | 691 nationally
↑ Growing +65 CUs YoY | New qualifier

Cost Spiral

risk
#50 of 62 • Bottom 20.2% in tier

Historically lean operator now seeing efficiency ratio rise significantly. Efficiency advantage eroding - early intervention critical.

Why This Signature
Efficiency Ratio Change: 6.10% points
(Tier: -2.84% points, National: -1.81% points)
worse than tier avg
Efficiency Ratio (Prior Year): -
(Tier: -, National: -)
Total Assets: $107.93M
(Tier: $231.30M, National: $547.69M)
worse than tier avg
62 of 1077 Community CUs have this signature | 80 nationally
↓ Shrinking -38 CUs YoY | 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 1077 peers in tier

Top Strengths (5 metrics)

81
Return on Assets (ROA)
profitability
Value: 1.68%
Peer Avg: 0.79%
#81 of 1077 Top 7.4% in 100M-500M tier
85
Share Certificate Concentration (%)
balance_sheet
Value: 8.01%
Peer Avg: 23.61%
#85 of 1077 Top 7.8% in 100M-500M tier
92
First Mortgage Concentration (%)
balance_sheet
Value: 6.74%
Peer Avg: 30.43%
#92 of 1077 Top 8.4% in 100M-500M tier
107
Net Interest Margin (NIM)
profitability
Value: 4.46%
Peer Avg: 3.58%
#107 of 1077 Top 9.8% in 100M-500M tier
228
Fee Income Per Member
profitability
Value: $224.44
Peer Avg: $174.31
#228 of 1077 Top 21.1% in 100M-500M tier

Top Weaknesses (10 metrics)

1052
Member Growth Rate
growth
Value: -12.10%
Peer Avg: 0.72%
#1052 of 1077 Bottom 2.4% in 100M-500M tier
1052
Indirect Auto Concentration (%)
balance_sheet
Value: 58.34%
Peer Avg: 13.34%
#1052 of 1077 Bottom 2.4% in 100M-500M tier
1049
Loan Growth Rate
growth
Value: -10.97%
Peer Avg: 3.45%
#1049 of 1077 Bottom 2.7% in 100M-500M tier
1044
Deposit Growth Rate
growth
Value: -5.24%
Peer Avg: 4.69%
#1044 of 1077 Bottom 3.2% in 100M-500M tier
1039
Average Member Relationship (AMR)
engagement
Value: $12,661
Peer Avg: $24,363
#1039 of 1077 Bottom 3.6% in 100M-500M tier
1028
Total Deposits
balance_sheet
Value: $92.22M
Peer Avg: $200.29M
#1028 of 1077 Bottom 4.6% in 100M-500M tier
1017
Total Assets
balance_sheet
Value: $107.93M
Peer Avg: $231.30M
#1017 of 1077 Bottom 5.7% in 100M-500M tier
1012
Loan-to-Member Ratio (LMR)
engagement
Value: $4,994
Peer Avg: $10,245
#1012 of 1077 Bottom 6.1% in 100M-500M tier
999
Asset Growth Rate
growth
Value: -2.87%
Peer Avg: 4.70%
#999 of 1077 Bottom 7.3% in 100M-500M tier
976
Total Loans
balance_sheet
Value: $60.07M
Peer Avg: $147.80M
#976 of 1077 Bottom 9.5% in 100M-500M tier