# HAWAII FIRST
Kamuela, HI · NCUA charter 10938 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/hawaii-first-10938

Who the members are: federal charter, community charter, organized 1956, low-income designated, minority depository institution. 6,090 members of 17,247 potential (35.3% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 30.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $77.2M |
| Members | 6,090 (3.7% YoY) |
| Full-time staff | 28 |
| Net worth | $7.1M |
| Net worth ratio | 9.1% (p12 of band) |
| ROA (annualized) | 1.13% (p72 of band) |
| Total delinquency | 3.94% (p99 of band) |
| Net charge-offs (annualized) | 0.87% (p86 of band) |
| Loans / shares | 72% (p71 of band) |
| Cash / assets | 31.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.66% (p91 of band) |
| Operating expense / assets | 4.70% (p82 of band) |
| Vehicles % of loans | 22% (p17 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p25 of band) |
| Vehicle delinquency | 15.97% (p100 of band) |
| Vehicle NCO | 2.37% (p95 of band) |
| Repossessed % of vehicle book | 6.23% (p100 of band) |
| Real estate % of loans | 69% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 59% |
| Certificates % of member funds | 28% |
| Average share balance | $6,706 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 30% |
| Loans granted per 100 members, annualized | 19% |
| Average loan balance | $26,823 |
| Loans granted, annualized | $20.9M |

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | expense trap, delinquency 2x band |  |
| 2016-06 | 2 |  |  |
| 2016-09 | 1 |  | delinquency 2x band |
| 2016-12 | 2 | delinquency 2x band |  |
| 2017-03 | 1 |  | delinquency 2x band |
| 2017-06 | 1 |  |  |
| 2017-09 | 2 | assets shrinking |  |
| 2017-12 | 3 | delinquency 2x band, loan book shrinking | assets shrinking |
| 2018-03 | 5 | margin squeeze, delinquency rising |  |
| 2018-06 | 5 |  |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 5 | repo signal | loan book shrinking |
| 2019-03 | 3 |  | margin squeeze, delinquency rising |
| 2019-06 | 4 | assets shrinking |  |
| 2019-09 | 5 | loan book shrinking |  |
| 2019-12 | 4 | margin squeeze | assets shrinking, loan book shrinking |
| 2020-03 | 7 | net worth falling, losing money, assets shrinking |  |
| 2020-06 | 6 |  | assets shrinking |
| 2020-09 | 4 |  | net worth falling, losing money |
| 2020-12 | 4 |  |  |
| 2021-03 | 2 |  | repo signal, margin squeeze |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 | repo signal | delinquency 2x band |
| 2022-06 | 3 | net worth falling, delinquency 2x band | repo signal |
| 2022-09 | 3 | assets shrinking | net worth falling |
| 2022-12 | 4 | delinquency rising |  |
| 2023-03 | 6 | losing money, members leaving |  |
| 2023-06 | 5 | net worth falling | assets shrinking, losing money |
| 2023-09 | 7 | margin squeeze, loans>95% of shares |  |
| 2023-12 | 5 |  | delinquency rising, loans>95% of shares |
| 2024-03 | 6 | losing money, repo signal | margin squeeze |
| 2024-06 | 4 |  | members leaving, losing money |
| 2024-09 | 3 |  | net worth falling |
| 2024-12 | 5 | delinquency rising, members leaving |  |
| 2025-03 | 6 | net worth falling, margin squeeze | expense trap |
| 2025-06 | 5 |  | margin squeeze |
| 2025-09 | 4 |  | net worth falling |
| 2025-12 | 3 |  | members leaving |
| 2026-03 | 3 | net worth falling | delinquency rising |

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

- 2026-04-06 [Big Island Federal Credit Union celebrates 90 years of serving Hawaii - hawaiinewsnow.com](https://news.google.com/rss/articles/CBMitAFBVV95cUxPSHZJSzlxR2VhS2FQa2ZLVUIwSEVUYnRKbmJqUEk5S2s2YVl2ZW9tTlZLNTgyc2tkWGwyRVFEUlU5Q2xhcmRHVVdpbzRDY3YwUk5CRG9ISmFuRzNfcm5oQ0ZxZ2x6a1hhdVJ5VGliN195SlQwOWxNMHZ6ZjN2QXNDSXo5WFlsc1VuWnF1SlpEUVpDR3cyMDNHYU9NQmZrb0FLbEZuTVViZ3pmMm9qenVTaFY0Vlo?oc=5) · hawaiinewsnow.com
- 2026-02-26 [Hawaii State FCU chief on how credit union hit $2.8B in assets - The Business Journals](https://news.google.com/rss/articles/CBMilwFBVV95cUxNTFdSTTh1SGlrOHhEVkxpTHZtdk0zMUxLZkw0ekVXYUlBSk5LTTZoSHFsX2hNSlh3ZnhsYUNHMUpReHNBV3QtTTlyMFEyN2NVT3hoeVBNU1ZjUlhEMDhuR0NHNzM1UkxScks1Zmx4QWxsSTBLb2Z4UFBuT1k4aTVDVF94bkNlQ2ZYaDR0c2VxTkEtNFQzRk9F?oc=5) · The Business Journals
- 2024-06-18 [Native American-Owned Banks and Credit Unions - NerdWallet](https://news.google.com/rss/articles/CBMiowFBVV95cUxOVkpYMnRXLXVURmF4UFZIMEZkWHBWYl9HZ25QZDREeXEyczZ5di1fYVVfSy03ck9FdTJRZWhrQk1UOUJSelh4Vkc4b0tPdzlmQWlzRm5wc1ZGMk93ekV6eE1YbVJvaC1GZ0Y3V3hNbDk4M2hHZzFOWVZLYVQtNUQwblV2UjlWTk5WRi13OEtzNFIzMVNrdXI3RUNQbTItMk9RTmJr?oc=5) · NerdWallet
- 2026-05-11 [Hawaii First-Time Home Buyer: [current_year] Programs and Grants - The Mortgage Reports](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNUm5QdkE3YWtoZU1yVU5RaW9RZTlaangxWG0tUm9YS2d2NHpiNVdIRWVxVFo4MFFHZnh3cVQ5LXotOVRhRjdkYTJRZU4yQllNbEQ0VUkzcE5Ed2pGd0d1S3owQTZYUU1hRnI5MEt5ekF0MF9BQTc1UjVWQkFWdHBDZUdETDlJeE0w?oc=5) · The Mortgage Reports
- 2025-03-14 [Hawaii First-Time Homebuyer Assistance Programs - Bankrate](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNaWk5dDVvU3FpeFNhcFdaY0ZIaTRSb0tEVVhLaDNOZkNLUXY5NWlyRlExYWZjRzhWZ09Yc3VBcF9rbFJHZklSOVFWNTJ2Q25QeGlfcFNuUXVYay0yMG8zcUlDYmZWOVM2bUtCS1Q5ZXFfTHNKTUpGWUJVSUJic0VjdER6UWRoX2NkMG9j?oc=5) · Bankrate
- 2025-01-23 [Google Wallet adds 22 new US banks: Is yours on the list? - androidpolice.com](https://news.google.com/rss/articles/CBMif0FVX3lxTFB4SVVIaXJ3ZkthMF95Z291WnR6eHZhQkdSUXpjaUQ4RTEyYWN5bWYwdlFIMHo3WkRnQUZwZmMxX0tHMmJrUnlWUmlpa2FTZ3N6eEVuUUNiSjhaYTZBOUtOZGltRlpHd1Fmckl2aGV5RmJXbThYbTBYc01iQ1pWS1k?oc=5) · androidpolice.com
- 2023-04-01 [Hawaiʻi’s Top Employers Profiles 2023 - Hawaii Business Magazine](https://news.google.com/rss/articles/CBMihwFBVV95cUxPTjNIYTYxbXNXVktHZ21Wb3Njcm10OFRlNnRXcmc4WWhYOGJDMG9iaFFRc2JuV3owa0NMb2QyUTM5eDRhbC1yX0JGTExOQ1BEencwbEV2SGMwamFfUE1JYy0ydHFUZW1rdXlEX194RldSblJUM3lvV3ptYzkyWXVua0dYV2JxajA?oc=5) · Hawaii Business Magazine
- 2020-11-18 [Native American-Owned Banks by State - Investopedia](https://news.google.com/rss/articles/CBMifkFVX3lxTE9MQVNiajFseGo2LW5UQVNLbzVEbHdCM1Jlekl3TDI0MnZuTWNuRDhMc1h6Nnc1STA4NU1jUnlFLXJ4NEs4Nm5pdG05UC1JYUhZRVljcnl0a1YyWUVnZzhQNkRSOXU2TVQwTmJRbWwwOUNkQ01EOE9SaDBzNTR1dw?oc=5) · Investopedia

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=10938 (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/58.json (key "10938", 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=10938
- 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