FIRST FLIGHT

Charter #7870 | NC

100M-500M (1077 CUs) Micro
12 100M-500M in NC

FIRST FLIGHT has 5 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Leader: Top 8.6% in tier
  • + Organic Growth Engine: Top 13.3% in tier
  • + Wallet Share Momentum: Top 17.5% in tier
  • + Relationship Depth Leader: Top 23.1% in tier
  • + Net Interest Margin 0.73% above tier average

Key Concerns

Areas that may need attention

  • - Growth-at-Risk: Bottom 9.8% in tier
  • - Cost Spiral: Bottom 12.3% in tier
  • - Credit Quality Pressure: Bottom 17.0% in tier
  • - ROA 0.07% below tier average

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NC) National Avg Tier Percentile
Members 20,186
+4.2% YoY+1.2% QoQ
 +4.6K 15,628
-3.4% YoY
 91,841
+6.6% YoY
 33,089
+6.1% YoY
 Top 24.2% in tier
Assets $264.8M
+8.2% YoY+2.2% QoQ
 +$33.5M $231.3M
-0.0% YoY
 $1.5B
+5.5% YoY
 $547.7M
+7.8% YoY
 67th in tier
Loans $162.4M
+9.8% YoY+4.5% QoQ
 +$14.6M $147.8M
-1.4% YoY
 $1.1B
+9.9% YoY
 $388.7M
+8.6% YoY
 65th in tier
Deposits $231.5M
+9.2% YoY+1.9% QoQ
 +$31.2M $200.3M
-0.0% YoY
 $1.3B
+12.1% YoY
 $464.6M
+9.3% YoY
 67th in tier
ROA 0.7%
-43.6% YoY-9.5% QoQ
 -0.1% 0.8%
+15.5% YoY
 0.4%
-19.0% YoY
 0.7%
+273.4% YoY
 47th in tier
NIM 4.3%
+0.2% YoY-1.1% QoQ
 +0.7% 3.6%
+6.9% YoY
 4.1%
+4.0% YoY
 3.7%
+5.0% YoY
 Top 13.6% in tier
Efficiency Ratio 77.1%
+12.7% YoY-0.7% QoQ
 -0.2% 77.3%
-3.0% YoY
 81.5%
-1.2% YoY
 79.1%
-3.3% YoY
 50th in tier
Delinquency Rate 0.7%
+24.5% YoY+42.4% QoQ
 -0.1 0.9%
+7.6% YoY
 1.5%
+2.4% YoY
 1.2%
-0.9% YoY
 56th in tier
Loan To Share 70.2%
+0.5% YoY+2.5% QoQ
 -2.5% 72.7%
-1.5% YoY
 76.3%
+1.1% YoY
 68.0%
-1.7% YoY
 41st in tier
AMR $19,515
+5.0% YoY+1.7% QoQ
 $-5K $24,363
+2.9% YoY
 $17,441
+4.0% YoY
 $19,418
+1.3% YoY
 32nd in tier
CD Concentration 24.4%
+13.6% YoY+4.1% QoQ
 -0.0% 24.4%
+4.2% YoY
 20.6%
+2.2% YoY
 19.6%
+6.2% YoY
 50th in tier
Indirect Auto % 5.2%
+8.5% YoY+35.9% QoQ
 -8.7% 14.0%
-5.8% YoY
 5.3%
-2.9% YoY
 7.9%
-2.9% YoY
 50th in tier

Signature Analysis

Strengths (4)

Organic Growth Leader

growth
#114 of 430 • Top 8.6% in tier

Attracting members without relying on indirect channels. Healthy, sustainable growth model.

Why This Signature
Member Growth (YoY): 4.24%
(Tier: 0.88%, National: 9.37%)
better than tier avg
430 of 1077 Community CUs have this signature | 608 nationally
↓ Shrinking -21 CUs YoY | Rank worsening

Organic Growth Engine

growth
#245 of 603 • Top 13.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 4.24%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.72%
(Tier: 0.77%, National: 0.71%)
but worse than tier avg
Indirect Auto %: 5.21%
(Tier: 13.96%, National: 7.90%)
better than tier avg
603 of 1077 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#482 of 1006 • Top 17.5% in tier

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

Why This Signature
AMR Growth (YoY): 4.99%
(Tier: 3.68%, National: 4.19%)
better than tier avg
1006 of 1077 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#637 of 1006 • Top 23.1% in tier

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

Why This Signature
AMR Growth (YoY): 4.99%
(Tier: 3.68%, National: 4.19%)
better than tier avg
Share Draft per Member: $2.3K
(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 | Rank worsening

Concerns (3)

Growth-at-Risk

risk
#148 of 446 • Bottom 9.8% in tier

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

Why This Signature
Loan Growth (YoY): 9.78%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.15% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 1077 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | New qualifier

Cost Spiral

risk
#31 of 62 • Bottom 12.3% in tier

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

Why This Signature
Efficiency Ratio Change: 8.66% points
(Tier: -2.84% points, National: -1.81% points)
worse than tier avg
Efficiency Ratio (Prior Year): -
(Tier: -, National: -)
Total Assets: $264.78M
(Tier: $231.30M, National: $547.69M)
but better than tier avg
62 of 1077 Community CUs have this signature | 80 nationally
↓ Shrinking -38 CUs YoY | New qualifier

Credit Quality Pressure

risk
#421 of 736 • Bottom 17.0% in tier

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

Why This Signature
Delinquency Change (YoY): 0.15% 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 | 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 (7 metrics)

133
Member Growth Rate
growth
Value: 4.24%
Peer Avg: 0.72%
#133 of 1077 Top 12.3% in 100M-500M tier
146
Net Interest Margin (NIM)
profitability
Value: 4.31%
Peer Avg: 3.58%
#146 of 1077 Top 13.5% in 100M-500M tier
154
Deposit Growth Rate
growth
Value: 9.20%
Peer Avg: 4.69%
#154 of 1077 Top 14.2% in 100M-500M tier
171
Loan Growth Rate
growth
Value: 9.78%
Peer Avg: 3.45%
#171 of 1077 Top 15.8% in 100M-500M tier
201
Asset Growth Rate
growth
Value: 8.19%
Peer Avg: 4.70%
#201 of 1077 Top 18.6% in 100M-500M tier
203
First Mortgage Concentration (%)
balance_sheet
Value: 14.20%
Peer Avg: 30.43%
#203 of 1077 Top 18.8% in 100M-500M tier
261
Total Members
engagement
Value: 20,186
Peer Avg: 15,628
#261 of 1077 Top 24.1% in 100M-500M tier

Top Weaknesses (1 metrics)

939
Net Charge-Off Rate
risk
Value: 0.87%
Peer Avg: 0.47%
#939 of 1077 Bottom 12.9% in 100M-500M tier