PEN AIR

Charter #68734 | FL

1B-3B (304 CUs) Mid-Market (380 CUs)
18 1B-3B in FL

PEN AIR has 6 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 27.3% in tier
  • + Relationship Depth Leader: Top 28.5% in tier
  • + Wallet Share Momentum: Top 30.8% in tier
  • + First Mortgage Concentration (%): Top 5.3% in tier
  • + Total Deposits: Top 7.2% in tier
  • + Total Assets: Top 7.6% in tier

Key Concerns

Areas that may need attention

  • - Indirect Auto Dependency: Bottom 14.9% in tier
  • - Liquidity Overhang: Bottom 22.4% in tier
  • - ROA 0.06% below tier average
  • - Indirect Auto Concentration (%): Bottom 2.3% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (FL) National Avg Tier Percentile
Members 133,994
+3.6% YoY+1.1% QoQ
 +35.3K 98,678
-1.9% YoY
 69,671
+4.3% YoY
 33,089
+6.1% YoY
 Top 20.1% in tier
Assets $2.7B
-0.9% YoY+3.5% QoQ
 +$941.1M $1.7B
+0.5% YoY
 $1.1B
+3.8% YoY
 $547.7M
+7.8% YoY
 Top 7.9% in tier
Loans $1.6B
+5.4% YoY+1.7% QoQ
 +$370.7M $1.2B
+0.5% YoY
 $773.4M
+7.4% YoY
 $388.7M
+8.6% YoY
 Top 24.3% in tier
Deposits $2.3B
+5.8% YoY+3.8% QoQ
 +$843.6M $1.5B
+1.3% YoY
 $908.2M
+6.5% YoY
 $464.6M
+9.3% YoY
 Top 7.6% in tier
ROA 0.6%
+39.5% YoY+19.4% QoQ
 -0.1% 0.7%
+13.4% YoY
 0.6%
+15.9% YoY
 0.7%
+273.4% YoY
 47th in tier
NIM 3.1%
+14.3% YoY-2.1% QoQ
 -0.1% 3.3%
+9.3% YoY
 3.6%
+6.7% YoY
 3.7%
+5.0% YoY
 39th in tier
Efficiency Ratio 73.7%
+6.3% YoY-3.2% QoQ
 -0.3% 74.0%
-10.9% YoY
 79.0%
+0.0% YoY
 79.1%
-3.3% YoY
 44th in tier
Delinquency Rate 0.6%
-20.7% YoY+9.0% QoQ
 -0.2 0.8%
+6.1% YoY
 0.7%
+3.1% YoY
 1.2%
-0.9% YoY
 42nd in tier
Loan To Share 69.8%
-0.4% YoY-2.1% QoQ
 -15.4% 85.2%
-0.8% YoY
 71.2%
+0.4% YoY
 68.0%
-1.7% YoY
 Bottom 14.8% in tier
AMR $29,119
+2.0% YoY+1.8% QoQ
 $-53 $29,172
+2.8% YoY
 $22,283
+3.7% YoY
 $19,418
+1.3% YoY
 60th in tier
CD Concentration 39.0%
+0.6% YoY+4.4% QoQ
 +10.0% 29.0%
+0.8% YoY
 23.4%
+4.5% YoY
 19.6%
+6.2% YoY
 Top 13.7% in tier
Indirect Auto % 53.3%
-1.3% YoY-0.8% QoQ
 +34.5% 18.8%
-2.8% YoY
 10.9%
-1.4% YoY
 7.9%
-2.9% YoY
 Top 1.8% in tier

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#199 of 246 • Top 27.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 3.56%
(Tier: 3.18%, National: 9.37%)
better than tier avg
Return on Assets: 0.64%
(Tier: 0.71%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 53.32%
(Tier: 18.80%, National: 7.90%)
but worse than tier avg
246 of 380 Mid-Market CUs have this signature | 917 nationally
↑ Growing +14 CUs YoY | Rank improving

Relationship Depth Leader

growth
#207 of 264 • Top 28.5% in tier

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

Why This Signature
AMR Growth (YoY): 2.00%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.8K
(Tier: $3.1K, National: $2.0K)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Wallet Share Momentum

growth
#223 of 264 • Top 30.8% in tier

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

Why This Signature
AMR Growth (YoY): 2.00%
(Tier: 3.04%, National: 4.19%)
but worse than tier avg
264 of 380 Mid-Market CUs have this signature | 1330 nationally
↑ Growing +60 CUs YoY | New qualifier

Concerns (2)

Indirect Auto Dependency

risk
#93 of 202 • Bottom 14.9% in tier

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

Why This Signature
Asset Growth (YoY): -0.89%
(Tier: 5.36%, National: 3.04%)
worse than tier avg
Indirect Auto %: 53.32%
(Tier: 18.80%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 3.56%
(Tier: 3.18%, National: 9.37%)
but better than tier avg
202 of 380 Mid-Market CUs have this signature | 768 nationally
↓ Shrinking -7 CUs YoY | Rank worsening

Liquidity Overhang

risk
#73 of 113 • Bottom 22.4% 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: 12.01%
(Tier: 11.30%, National: 14.51%)
but better than tier avg
Loan-to-Share Ratio: 69.79%
(Tier: 86.35%, National: 67.96%)
worse than tier avg
113 of 380 Mid-Market CUs have this signature | 691 nationally
↑ Growing +9 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 304 peers in tier

Top Strengths (5 metrics)

17
First Mortgage Concentration (%)
balance_sheet
Value: 12.98%
Peer Avg: 34.01%
#17 of 304 Top 5.3% in 1B-3B tier
23
Total Deposits
balance_sheet
Value: $2.30B
Peer Avg: $1.45B
#23 of 304 Top 7.2% in 1B-3B tier
24
Total Assets
balance_sheet
Value: $2.66B
Peer Avg: $1.72B
#24 of 304 Top 7.6% in 1B-3B tier
61
Total Members
engagement
Value: 133,994
Peer Avg: 98,678
#61 of 304 Top 19.7% in 1B-3B tier
74
Total Loans
balance_sheet
Value: $1.60B
Peer Avg: $1.23B
#74 of 304 Top 24.0% in 1B-3B tier

Top Weaknesses (5 metrics)

298
Indirect Auto Concentration (%)
balance_sheet
Value: 53.32%
Peer Avg: 18.32%
#298 of 304 Bottom 2.3% in 1B-3B tier
270
Share Certificate Concentration (%)
balance_sheet
Value: 39.02%
Peer Avg: 28.53%
#270 of 304 Bottom 11.5% in 1B-3B tier
263
Net Charge-Off Rate
risk
Value: 1.03%
Peer Avg: 0.60%
#263 of 304 Bottom 13.8% in 1B-3B tier
261
Asset Growth Rate
growth
Value: -0.89%
Peer Avg: 4.83%
#261 of 304 Bottom 14.5% in 1B-3B tier
259
Loan-to-Share Ratio
balance_sheet
Value: 69.79%
Peer Avg: 85.19%
#259 of 304 Bottom 15.1% in 1B-3B tier