FIRST HERITAGE

Charter #9604 | NY

750M-1B (112 CUs) Community (281 CUs)
3 750M-1B in NY

FIRST HERITAGE has 4 strengths but faces 4 concerns

Key Strengths

Areas where this CU excels compared to peers

  • + Organic Growth Engine: Top 16.3% in tier
  • + Relationship Depth Leader: Top 28.7% in tier
  • + Wallet Share Momentum: Top 30.2% in tier
  • + ROA 0.07% above tier average

Key Concerns

Areas that may need attention

  • - Indirect Auto Dependency: Bottom 9.0% in tier
  • - Growth-at-Risk: Bottom 21.5% in tier
  • - Credit Quality Pressure: Bottom 23.8% in tier
  • - Efficiency ratio 0.88% above tier (higher cost structure)

Core Metrics

As of 2025-Q3

Metric Current vs Tier Tier Avg State Avg (NY) National Avg Tier Percentile
Members 49,934
+4.6% YoY+0.6% QoQ
 -2.2K 52,114
-2.1% YoY
 25,964
+5.4% YoY
 33,089
+6.1% YoY
 46th in tier
Assets $787.5M
+7.6% YoY+0.2% QoQ
 $-71.5M $859.0M
+0.0% YoY
 $471.3M
+6.4% YoY
 $547.7M
+7.8% YoY
 Bottom 20.5% in tier
Loans $589.5M
+6.6% YoY+1.5% QoQ
 $-13.9M $603.4M
+1.0% YoY
 $316.5M
+7.1% YoY
 $388.7M
+8.6% YoY
 40th in tier
Deposits $698.7M
+7.0% YoY-0.3% QoQ
 $-35.5M $734.2M
+0.9% YoY
 $400.0M
+7.6% YoY
 $464.6M
+9.3% YoY
 32nd in tier
ROA 0.8%
+7.2% YoY+12.0% QoQ
 +0.1% 0.7%
+27.6% YoY
 0.9%
+294.0% YoY
 0.7%
+273.4% YoY
 57th in tier
NIM 3.2%
+7.3% YoY+2.3% QoQ
 -0.1% 3.4%
+9.6% YoY
 3.6%
+5.0% YoY
 3.7%
+5.0% YoY
 39th in tier
Efficiency Ratio 75.4%
-1.3% YoY-1.7% QoQ
 +0.9% 74.5%
-3.2% YoY
 80.1%
-6.2% YoY
 79.1%
-3.3% YoY
 46th in tier
Delinquency Rate 0.3%
+19.5% YoY-5.7% QoQ
 -0.5 0.8%
+5.0% YoY
 1.7%
-8.3% YoY
 1.2%
-0.9% YoY
 Bottom 14.3% in tier
Loan To Share 84.4%
-0.3% YoY+1.9% QoQ
 +1.7% 82.7%
+0.1% YoY
 61.5%
-2.3% YoY
 68.0%
-1.7% YoY
 43rd in tier
AMR $25,797
+2.1% YoY-0.1% QoQ
 $-3K $28,651
+2.5% YoY
 $19,040
-21.7% YoY
 $19,418
+1.3% YoY
 46th in tier
CD Concentration 34.7%
+7.5% YoY-0.2% QoQ
 +10.3% 24.4%
+4.2% YoY
 15.9%
+8.4% YoY
 19.6%
+6.2% YoY
 Top 16.4% in tier
Indirect Auto % 32.9%
+5.1% YoY+5.4% QoQ
 +18.9% 14.0%
-5.8% YoY
 2.6%
-3.7% YoY
 7.9%
-2.9% YoY
 Top 14.2% in tier

Signature Analysis

Strengths (3)

Organic Growth Engine

growth
#299 of 603 • Top 16.3% in tier

Growing membership while maintaining profitability. Healthy fundamentals in place.

Why This Signature
Member Growth (YoY): 4.58%
(Tier: 0.88%, National: 9.37%)
better than tier avg
Return on Assets: 0.78%
(Tier: 0.77%, National: 0.71%)
better than tier avg
Indirect Auto %: 32.89%
(Tier: 13.96%, National: 7.90%)
but worse than tier avg
603 of 281 Community CUs have this signature | 917 nationally
→ Stable (608→603 CUs) -5 CUs YoY | Rank worsening

Relationship Depth Leader

growth
#791 of 1006 • Top 28.7% in tier

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

Why This Signature
AMR Growth (YoY): 2.14%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
Share Draft per Member: $2.6K
(Tier: $2.8K, National: $2.0K)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Wallet Share Momentum

growth
#834 of 1006 • Top 30.2% in tier

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

Why This Signature
AMR Growth (YoY): 2.14%
(Tier: 3.68%, National: 4.19%)
but worse than tier avg
1006 of 281 Community CUs have this signature | 1330 nationally
↑ Growing +249 CUs YoY | Rank worsening

Concerns (3)

Indirect Auto Dependency

risk
#145 of 525 • Bottom 9.0% in tier

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

Why This Signature
Asset Growth (YoY): 7.56%
(Tier: 4.61%, National: 3.04%)
but better than tier avg
Indirect Auto %: 32.89%
(Tier: 13.96%, National: 7.90%)
worse than tier avg
Member Growth (YoY): 4.58%
(Tier: 0.88%, National: 9.37%)
but better than tier avg
525 of 281 Community CUs have this signature | 768 nationally
↓ Shrinking -18 CUs YoY | Rank improving

Growth-at-Risk

risk
#323 of 446 • Bottom 21.5% in tier

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

Why This Signature
Loan Growth (YoY): 6.63%
(Tier: 3.64%, National: 36.38%)
but better than tier avg
Delinquency Change (YoY): 0.05% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
446 of 281 Community CUs have this signature | 646 nationally
↓ Shrinking -77 CUs YoY | Rank worsening

Credit Quality Pressure

risk
#590 of 736 • Bottom 23.8% in tier

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

Why This Signature
Delinquency Change (YoY): 0.05% points
(Tier: 0.04% points, National: 0.07% points)
worse than tier avg
736 of 281 Community CUs have this signature | 1002 nationally
↓ Shrinking -199 CUs YoY | Rank improving

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 (4 metrics)

15
Member Growth Rate
growth
Value: 4.58%
Peer Avg: 1.14%
#15 of 112 Top 12.5% in 750M-1B tier
17
Total Delinquency Rate (60+ days)
risk
Value: 0.33%
Peer Avg: 0.82%
#17 of 112 Top 14.3% in 750M-1B tier
21
Net Charge-Off Rate
risk
Value: 0.24%
Peer Avg: 0.61%
#21 of 112 Top 17.9% in 750M-1B tier
28
Asset Growth Rate
growth
Value: 7.56%
Peer Avg: 4.25%
#28 of 112 Top 24.1% in 750M-1B tier

Top Weaknesses (3 metrics)

95
Indirect Auto Concentration (%)
balance_sheet
Value: 32.89%
Peer Avg: 16.60%
#95 of 112 Bottom 16.1% in 750M-1B tier
89
Total Assets
balance_sheet
Value: $787.52M
Peer Avg: $859.01M
#89 of 112 Bottom 21.4% in 750M-1B tier
88
Share Certificate Concentration (%)
balance_sheet
Value: 34.72%
Peer Avg: 28.34%
#88 of 112 Bottom 22.3% in 750M-1B tier