# FIRST POINT
HAMILTON, NJ · NCUA charter 10319 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-point-10319

Who the members are: federal charter, multiple common bond, organized 1955. 1,186 members of 14,000 potential (8.5% of the field); checking penetration 46% (share draft accounts per 100 members); loans per 100 members 27.

**Verdict on the desk:** this could be *too clean*. Composite score 5 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $25.2M |
| Members | 1,186 (-29.0% YoY) |
| Full-time staff | 3 |
| Net worth | $1.9M |
| Net worth ratio | 7.3% (p3 of band) |
| ROA (annualized) | -0.48% (p15 of band) |
| Total delinquency | 0.09% (p25 of band) |
| Net charge-offs (annualized) | 2.16% (p94 of band) |
| Loans / shares | 27% (p11 of band) |
| Cash / assets | 17.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.05% (p5 of band) |
| Operating expense / assets | 2.43% (p18 of band) |
| Vehicles % of loans | 17% (p11 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p43 of band) |
| Vehicle delinquency | 0.00% (p16 of band) |
| Vehicle NCO | 0.00% (p35 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 71% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 51% |
| Certificates % of member funds | 40% |
| Average share balance | $10,051 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $309,793 |
| Loans outstanding per 100 members | 27% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $20,683 |
| Loans granted, annualized | $2.0M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $309,793 outstanding purchased (16.7% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -5.8% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **losing money** (`earn_negative`)
- **charge-offs p90** (`aq_nco_high`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | repo signal |  |
| 2016-06 | 2 | delinquency 2x band |  |
| 2016-09 | 0 |  | repo signal, delinquency 2x band |
| 2016-12 | 1 | repo signal |  |
| 2017-03 | 2 | members leaving |  |
| 2017-06 | 5 | net worth falling, losing money, assets shrinking |  |
| 2017-09 | 1 |  | repo signal, members leaving, losing money, assets shrinking |
| 2017-12 | 0 |  | net worth falling |
| 2018-03 | 3 | thin capital, losing money, delinquency 2x band |  |
| 2018-06 | 4 | delinquency rising |  |
| 2018-09 | 4 | members leaving | delinquency rising |
| 2018-12 | 3 | net worth falling | delinquency 2x band, members leaving |
| 2019-03 | 1 | delinquency 2x band | thin capital, losing money, net worth falling |
| 2019-06 | 2 | charge-offs p90 |  |
| 2019-09 | 2 |  |  |
| 2019-12 | 5 | delinquency rising, assets shrinking, members leaving |  |
| 2020-03 | 4 | net worth falling, losing money | charge-offs p90, delinquency rising, assets shrinking |
| 2020-06 | 5 | thin capital, loan book shrinking | losing money |
| 2020-09 | 7 | margin squeeze, delinquency rising |  |
| 2020-12 | 6 |  | delinquency rising |
| 2021-03 | 4 |  | delinquency 2x band, net worth falling |
| 2021-06 | 4 | delinquency 2x band | margin squeeze |
| 2021-09 | 3 |  | thin capital |
| 2021-12 | 2 |  | delinquency 2x band |
| 2022-03 | 1 |  | members leaving |
| 2022-06 | 1 | assets shrinking | loan book shrinking |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 3 | losing money, members leaving |  |
| 2023-06 | 4 | net worth falling |  |
| 2023-09 | 4 |  |  |
| 2023-12 | 7 | thin capital, delinquency rising, charge-offs p90 |  |
| 2024-03 | 5 |  | losing money, net worth falling |
| 2024-06 | 7 | losing money, delinquency 2x band |  |
| 2024-09 | 6 | loan book shrinking | assets shrinking, delinquency 2x band |
| 2024-12 | 8 | capital below 7%, net worth falling | delinquency rising |
| 2025-03 | 7 |  | charge-offs p90 |
| 2025-06 | 4 | delinquency 2x band | losing money, capital below 7%, net worth falling |
| 2025-09 | 5 | assets shrinking |  |
| 2025-12 | 6 | delinquency rising |  |
| 2026-03 | 5 | losing money, charge-offs p90 | loan book shrinking, delinquency 2x band, delinquency rising |

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

- 2025-10-04 [Men’s Soccer Earns First Road Conference Win of the Season; Defeats NJIT 2-1 - University of Vermont Athletics](https://news.google.com/rss/articles/CBMiywFBVV95cUxORF9lbURQNjFqa1dXNW93YjdzSUc2emJSYmJHY0lzcGpYSlhISHpBQVZrQkVib0dGTnoxU2theGhpcTExdHVmcnMtbGs3bEJySFpEYkx1c01wMW1xVUl4SHphSUpnMWVpNktkX0ZTZWhMOFV1Q0V3UkhDWkNFYUFMSHNBWE02WkNWN3llay1CdzBwbUVROUlSXzAzeDh2TzFRSkVIcmR6RkFHMldybm9xMEttRmlSZ0I2RTFuTmdudF9oLTZmcHpHX2Zydw?oc=5) · University of Vermont Athletics
- 2021-04-20 [The Polish & Slavic Federal Credit Union Helps Members Navigate the U.S. Financial System - CardRates.com](https://news.google.com/rss/articles/CBMigwFBVV95cUxQbjU0eDB4MTRSQ1ZrZy1qRlVURjBZcVpucFRjOUZXWFB2akFOSXVlVnJGaW9oNkdjV3ZITFVULUVPWnlLWHAzMnl2U1d2ZkowdGw4dnZSZWM4VVFTdmVGQzU3bGZzWTBuWkRJbWZmSWZESk5SbmVJZVhhQVNuamxIVUlqMA?oc=5) · CardRates.com
- 2002-04-16 [Army Men's Tennis Falls To Rutgers, 5-2 - Patriot League](https://news.google.com/rss/articles/CBMijAFBVV95cUxOcHRKSFRzbUt5RDFZZ3o0Z0k4VWlCVEFYN3BpZk1ES0NJcXJzODRyRTh3UXhUUVFkRFVYWDhBSzRVbHBYU3BxcHdJQ1JwNDlDSmRoOXNLOTJtT3JkZ2ZZWVVDNlU2ZXcwSUtISXlfVTFZbktKVVRQTF9naklnWHZhZ0VldWo4dTNjcm1laA?oc=5) · Patriot League
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - imore.com](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · imore.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10319 (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/15.json (key "10319", 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=10319
- 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