OCEANAIR

Charter #7608 | CA

750M-1B (112 CUs) Community (281 CUs)
15 750M-1B in CA

OCEANAIR has 7 strengths but faces 10 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Relationship Depth Leader: Top 2.8% in tier
  • + Wallet Share Momentum: Top 13.6% in tier
  • + Loan-to-Member Ratio (LMR): Top 2.7% in tier
  • + Loan-to-Share Ratio: Top 3.6% in tier
  • + Average Member Relationship (AMR): Top 4.5% in tier
  • + Fee Income Per Member: Top 7.1% in tier
  • + Total Loans: Top 8.0% in tier

Key Concerns

Areas that may need attention

  • - Liquidity Strain: Bottom 2.5% in tier
  • - Efficiency Drag: Bottom 5.5% in tier
  • - Membership Headwinds: Bottom 23.8% in tier
  • - Stagnation Risk: Bottom 28.4% in tier
  • - ROA 1.05% below tier average
  • - Efficiency ratio 29.74% above tier (higher cost structure)
  • - Net Interest Margin (NIM): Bottom 3.6% in tier
  • - Members Per Employee (MPE): Bottom 3.6% in tier
  • - Total Members: Bottom 5.4% in tier
  • - Net Worth Ratio: Bottom 7.1% in tier

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (CA) National Avg Tier Percentile
Members 27,746
-1.5% YoY-0.1% QoQ
 -24.4K 52,114
-2.1% YoY
 59,606
+5.7% YoY
 33,089
+6.1% YoY
 Bottom 4.5% in tier
Assets $863.0M
-0.4% YoY-0.8% QoQ
 +$4.0M $859.0M
+0.0% YoY
 $1.2B
+6.2% YoY
 $547.7M
+7.8% YoY
 52nd in tier
Loans $727.9M
+7.7% YoY+3.8% QoQ
 +$124.5M $603.4M
+1.0% YoY
 $845.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 Top 8.9% in tier
Deposits $680.3M
+1.1% YoY-1.1% QoQ
 $-53.9M $734.2M
+0.9% YoY
 $1.0B
+8.8% YoY
 $464.6M
+9.3% YoY
 Bottom 23.2% in tier
ROA -0.3%
-1590.3% YoY-14.6% QoQ
 -1.0% 0.7%
+27.6% YoY
 0.6%
+30.0% YoY
 0.7%
+273.4% YoY
 Bottom 1.8% in tier
NIM 2.1%
-8.4% YoY+4.6% QoQ
 -1.3% 3.4%
+9.6% YoY
 3.3%
+6.5% YoY
 3.7%
+5.0% YoY
 Bottom 2.7% in tier
Efficiency Ratio 104.3%
+11.4% YoY-2.0% QoQ
 +29.7% 74.5%
-3.2% YoY
 79.3%
-6.2% YoY
 79.1%
-3.3% YoY
 Top 2.7% in tier
Delinquency Rate 0.4%
-10.2% YoY-48.1% QoQ
 -0.4 0.8%
+5.0% YoY
 0.7%
-38.7% YoY
 1.2%
-0.9% YoY
 Bottom 18.8% in tier
Loan To Share 107.0%
+6.5% YoY+5.0% QoQ
 +24.3% 82.7%
+0.1% YoY
 68.8%
-1.5% YoY
 68.0%
-1.7% YoY
 Top 4.5% in tier
AMR $50,753
+6.0% YoY+1.5% QoQ
 +$22K $28,651
+2.5% YoY
 $28,514
+2.8% YoY
 $19,418
+1.3% YoY
 Top 5.4% in tier
CD Concentration 36.3%
+2.1% YoY+1.3% QoQ
 +11.9% 24.4%
+4.2% YoY
 21.7%
+4.2% YoY
 19.6%
+6.2% YoY
 Top 13.1% in tier
Indirect Auto % 1.2%
-40.0% YoY-16.0% QoQ
 -12.8% 14.0%
-5.8% YoY
 9.5%
-6.9% YoY
 7.9%
-2.9% YoY
 36th in tier

Signature Analysis

Strengths (2)

Relationship Depth Leader

growth
#79 of 1006 • Top 2.8% in tier

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

Why This Signature
AMR Growth (YoY): 5.99%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $5.3K
(Tier: $2.8K, National: $2.0K)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Wallet Share Momentum

growth
#375 of 1006 • Top 13.6% in tier

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

Why This Signature
AMR Growth (YoY): 5.99%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | New qualifier

Concerns (4)

Liquidity Strain

risk
#20 of 258 • Bottom 2.5% in tier

Loan demand outpacing deposits. They're bumping against liquidity limits - need funding solutions.

Why This Signature
Loan-to-Share Ratio: 107.00%
(Tier: 74.56%, National: 67.96%)
but better than tier avg
Loan Growth (YoY): 7.67%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
258 of 281 Community CUs have this signature | 484 nationally
↓ Shrinking -28 CUs YoY | Rank improving

Efficiency Drag

risk
#98 of 521 • Bottom 5.5% in tier

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

Why This Signature
Efficiency Ratio: 104.26%
(Tier: 77.15%, National: 79.10%)
worse than tier avg
ROA Change (YoY): -0.36% points
(Tier: 0.11% points, National: 0.05% points)
worse than tier avg
Member Growth (YoY): -1.49%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
521 of 281 Community CUs have this signature | 624 nationally
↓ Shrinking -113 CUs YoY | Rank worsening

Membership Headwinds

decline
#393 of 550 • Bottom 23.8% in tier

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

Why This Signature
Member Growth (YoY): -1.49%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 CUs YoY | New qualifier

Stagnation Risk

risk
#468 of 550 • Bottom 28.4% 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: -0.34%
(Tier: 0.77%, National: 0.71%)
worse than tier avg
Member Growth (YoY): -1.49%
(Tier: 0.88%, National: 9.37%)
worse than tier avg
Avg Member Relationship: $50.8K
(Tier: $25.0K, National: $19.4K)
but better than tier avg
CD Concentration: 36.30%
(Tier: 24.41%, National: 19.60%)
worse than tier avg
550 of 281 Community CUs have this signature | 648 nationally
→ Stable (555→550 CUs) -5 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 112 peers in tier

Top Strengths (8 metrics)

4
Loan-to-Member Ratio (LMR)
engagement
Value: $26,235
Peer Avg: $12,810
#4 of 112 Top 2.7% in 750M-1B tier
5
Loan-to-Share Ratio
balance_sheet
Value: 107.00%
Peer Avg: 82.66%
#5 of 112 Top 3.6% in 750M-1B tier
6
Average Member Relationship (AMR)
engagement
Value: $50,753
Peer Avg: $28,651
#6 of 112 Top 4.5% in 750M-1B tier
9
Fee Income Per Member
profitability
Value: $345.96
Peer Avg: $204.75
#9 of 112 Top 7.1% in 750M-1B tier
10
Total Loans
balance_sheet
Value: $727.91M
Peer Avg: $603.36M
#10 of 112 Top 8.0% in 750M-1B tier
22
Total Delinquency Rate (60+ days)
risk
Value: 0.37%
Peer Avg: 0.82%
#22 of 112 Top 18.8% in 750M-1B tier
22
Net Charge-Off Rate
risk
Value: 0.24%
Peer Avg: 0.61%
#22 of 112 Top 18.8% in 750M-1B tier
28
Indirect Auto Concentration (%)
balance_sheet
Value: 1.15%
Peer Avg: 16.60%
#28 of 112 Top 24.1% in 750M-1B tier

Top Weaknesses (12 metrics)

110
Return on Assets (ROA)
profitability
Value: -0.34%
Peer Avg: 0.71%
#110 of 112 Bottom 2.7% in 750M-1B tier
110
Efficiency Ratio
profitability
Value: 104.26%
Peer Avg: 74.52%
#110 of 112 Bottom 2.7% in 750M-1B tier
109
Net Interest Margin (NIM)
profitability
Value: 2.11%
Peer Avg: 3.38%
#109 of 112 Bottom 3.6% in 750M-1B tier
109
Members Per Employee (MPE)
engagement
Value: 204.015
Peer Avg: 361.634
#109 of 112 Bottom 3.6% in 750M-1B tier
107
Total Members
engagement
Value: 27,746
Peer Avg: 52,114
#107 of 112 Bottom 5.4% in 750M-1B tier
105
Net Worth Ratio
risk
Value: 7.59%
Peer Avg: 11.52%
#105 of 112 Bottom 7.1% in 750M-1B tier
96
First Mortgage Concentration (%)
balance_sheet
Value: 48.81%
Peer Avg: 33.64%
#96 of 112 Bottom 15.2% in 750M-1B tier
95
Deposit Growth Rate
growth
Value: 1.14%
Peer Avg: 5.03%
#95 of 112 Bottom 16.1% in 750M-1B tier
92
Share Certificate Concentration (%)
balance_sheet
Value: 36.30%
Peer Avg: 28.34%
#92 of 112 Bottom 18.8% in 750M-1B tier
91
Asset Growth Rate
growth
Value: -0.39%
Peer Avg: 4.25%
#91 of 112 Bottom 19.6% in 750M-1B tier