# FIRST FINANCIAL
Freehold, NJ · NCUA charter 1021 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-financial-1021

Who the members are: federal charter, community charter, organized 1936. 14,455 members of 1,218,400 potential (1.2% of the field); checking penetration 48% (share draft accounts per 100 members); loans per 100 members 41.

**Verdict on the desk:** this could be *ordinary*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $175.8M |
| Members | 14,455 (-4.3% YoY) |
| Full-time staff | 46 |
| Net worth | $14.4M |
| Net worth ratio | 8.2% (p6 of band) |
| ROA (annualized) | 0.31% (p25 of band) |
| Total delinquency | 2.86% (p97 of band) |
| Net charge-offs (annualized) | 0.07% (p18 of band) |
| Loans / shares | 65% (p41 of band) |
| Cash / assets | 7.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.14% (p77 of band) |
| Operating expense / assets | 4.65% (p81 of band) |
| Vehicles % of loans | 37% (p48 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 29% |
| Third-party paper % of net worth | 79% (p65 of band) |
| Vehicle delinquency | 0.05% (p9 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 35% |
| Credit cards % of loans | 5% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 155% |
| Core shares % of member funds | 87% |
| Certificates % of member funds | 1% |
| Average share balance | $6,377 |
| Participations bought / yr | $9.9M |
| Participations sold / yr | $0 |
| Participations outstanding | $22.8M |
| Loans outstanding per 100 members | 41% |
| Loans granted per 100 members, annualized | 5% |
| Average loan balance | $18,138 |
| Loans granted, annualized | $36.5M |

## Participation posture (from the same filings)

Bought $9.9M and sold $0 in the latest annualized quarter; $22.8M outstanding purchased (158.9% of net worth), $6,913 sold and retained. Sold in 0 and bought in 5 of the last 8 quarters. Shares -6.3% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **delinquency 2x band** (`aq_dq_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, delinquency 2x band |  |
| 2016-06 | 3 | losing money |  |
| 2016-09 | 5 | net worth falling, expense trap |  |
| 2016-12 | 4 |  | expense trap |
| 2017-03 | 7 | capital below 7%, delinquency rising, charge-offs p90 | losing money |
| 2017-06 | 6 |  | delinquency rising |
| 2017-09 | 7 | delinquency rising, 3rd-party paper>100% NW | net worth falling |
| 2017-12 | 6 |  | delinquency rising |
| 2018-03 | 7 | net worth falling, losing money | charge-offs p90 |
| 2018-06 | 7 |  |  |
| 2018-09 | 8 | charge-offs p90, assets shrinking | net worth falling |
| 2018-12 | 8 |  |  |
| 2019-03 | 7 |  | losing money |
| 2019-06 | 9 | losing money, loan book shrinking |  |
| 2019-09 | 9 |  |  |
| 2019-12 | 10 | members leaving |  |
| 2020-03 | 9 | margin squeeze | charge-offs p90, losing money |
| 2020-06 | 7 |  | assets shrinking, loan book shrinking |
| 2020-09 | 8 | loan book shrinking |  |
| 2020-12 | 9 | delinquency rising |  |
| 2021-03 | 9 | net worth falling | 3rd-party paper>100% NW |
| 2021-06 | 8 |  | net worth falling |
| 2021-09 | 8 |  |  |
| 2021-12 | 7 |  | delinquency rising |
| 2022-03 | 6 | charge-offs p90 | margin squeeze, loan book shrinking |
| 2022-06 | 6 |  |  |
| 2022-09 | 6 |  |  |
| 2022-12 | 5 |  | members leaving |
| 2023-03 | 4 |  | charge-offs p90 |
| 2023-06 | 6 | charge-offs p90, 3rd-party paper>100% NW |  |
| 2023-09 | 7 | assets shrinking |  |
| 2023-12 | 7 |  |  |
| 2024-03 | 7 |  |  |
| 2024-06 | 7 |  |  |
| 2024-09 | 6 |  | charge-offs p90 |
| 2024-12 | 7 | members leaving |  |
| 2025-03 | 4 |  | capital below 7%, assets shrinking |
| 2025-06 | 4 | assets shrinking | 3rd-party paper>100% NW |
| 2025-09 | 4 |  |  |
| 2025-12 | 4 |  |  |
| 2026-03 | 4 |  |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-07-07 [$1.2M First Financial Security data breach class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMi1gFBVV95cUxNZFYxQ3VLbU84d2xVTzM1RjFTVGJCOVBNdWdKSk56SzAtcF9ZX0NIS0dNdWlEYzhxdUZCYkgzSjd6U0JielAwNEV1NlZ5VFpZbGk5cFVpNWhfNHRTOEhERVhYWHg5aklmdVdaN1dvZ1J2VGhXVVZRZWVMckFLZmZtRVVrTlVzOEw0TTY2bk1yZHJoRFhpUzlSVHB1REhRalBEZ1FkRlBrUlVvQkVsYS1USUF0X3BhMDlQNXNHZVJqekZPNWUxcFF5YjBKMndFMkNwNi04cGZ3?oc=5) · Top Class Actions
- 2025-07-28 [First Financial Federal Credit Union welcomes Josephine DeSucre to leadership team - CUInsight](https://news.google.com/rss/articles/CBMiwAFBVV95cUxOVVNDSmpSOGYxWk9na3NpWjU0N25iUVNxUmtyN0lJNVRXNlBGcVYzTkhwTHQwcjRmVFJ1amQ5SGNNM3ZYaTBUR3BHc0hfbzZHZnBiQzBmc19TT1VSUk1QZDcwcVdJZW14a2xlU3ZmT0ZPdHlkeE9IWUZvWHVsVFN3N3ZqNDdRb3lRVzZ5UHNsVk84bnF6UUJwYlN2RXBCTWlmNmpUS19UaEgxa1ZoRkZreVV5aWdSTHR5YndtdnNLSm0?oc=5) · CUInsight
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- 2026-02-17 [BREAKING BENJAMIN announce North American tour with CHEVELLE - Revolver Magazine](https://news.google.com/rss/articles/CBMinAFBVV95cUxOR251SlI0Y2k5Vk02bWVsTEJTNzlYSzlKN2JSV1F6WTg0eXJzVU5pcERERTlmTjh2d2tOcmFJSFRoaVZZaGdBdnVWT1NCYlNyYnRzWTh2ajNWcTdUbUswSzdwcUs0UjhzMlV6NzYtVkUtWGZCNXB0RUMxRi1ycERJaGx4c1B3T3ZtbnZzVE9zNlVPNXR0U0M4V21XelI?oc=5) · Revolver Magazine
- 2025-07-14 [First Financial Federal Credit Union promotes Julie Brandt-Olivier to director of lending - CUInsight](https://news.google.com/rss/articles/CBMiygFBVV95cUxPNkNndEVxcEpCSlczTUEwSWtUYmpWOE1CLVhTdXk5SDFHbnZkcVlLU3NERVFFdXp4Z09MemlTSnp3ZUlpVXcyRHRocWp4MDk1VVFiMkoxYmJjaVZFdFJTNkV3emlZT0FDTTRPZG00elJXYTFpdFltUjhaQzFNbTU2Wk1pSTRkQlBqTHRZeGhtQndsLTg0T1ZVeHFYVlViNWgxYng3WUJlV0wzN0JjMlFWaUQzaHpQT21JMExoZG1xd1NaZmxrZ0wxQUZR?oc=5) · CUInsight
- 2026-05-23 [Breaking Benjamin Hit the Road This Fall With Chevelle and Starset Across 30 North American Dates - That Eric Alper](https://news.google.com/rss/articles/CBMi1gFBVV95cUxQa0ViVUZtdy1hOWhWY0JfRWwzSzZsbEl1cUJpVVdOX21CVUJCc21KbnBYVGwwNXhBOVVDNjJrQkU0NEtwNzdZNDdoT0FBYlRsQWE1T0F4cGdiYU1lNUZXYUtPM1dUUWlLWDJIRkQwMWZ4MTlXa1pzLUJRaGt3YnJEMXZIMXM5bW9CRC1IX0FKeGtJRGVCTXNkSUhxcmFtMWt4a1lRRVA2UHlaSHdtNjJjYzNqTEwwLVZ1bjEwS1hSd1RxT3pJeUdOVlRTaXhSNGNXel9FdGlR?oc=5) · That Eric Alper
- 2022-06-17 [NEW MEXICO UNITED ANNOUNCES LAUNCH OF FIRST FINANCIAL TRAINING CENTER - New Mexico United](https://news.google.com/rss/articles/CBMitgFBVV95cUxPQ213dFltUDB0OW1ZTUNfcmw5UGN4bWRIbzNuNjlTOGpYbkh6U1JTLUd6Z2R5ZnZtMEpRei1JendtZ2tTZDZvMTRfeXFQZEFxX3F6UEltRFlOLTY0VDNKd3RLZ2pYSXZ5R19kYlZkM1hzVS1uTGI1U0lvcG8xT1hiR2ZYNkoyQ3FrZUZGYVZra00tQ0VGc3paelBUYlIyOXBNNWdKUTh5Qzk5Q1NLTEYxejdRclBDZw?oc=5) · New Mexico United

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=1021 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/61.json (key "1021", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=1021
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide