# FIRST COMMONWEALTH
Lehigh Valley, PA · NCUA charter 12765 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-commonwealth-12765

Who the members are: federal charter, multiple common bond, organized 1959, low-income designated. 98,419 members of 717,696 potential (13.7% of the field); checking penetration 64% (share draft accounts per 100 members); loans per 100 members 48.

**Verdict on the desk:** this could be *ordinary*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.48B |
| Members | 98,419 (3.4% YoY) |
| Full-time staff | 244 |
| Net worth | $144.3M |
| Net worth ratio | 9.7% (p28 of band) |
| ROA (annualized) | 0.58% (p40 of band) |
| Total delinquency | 1.02% (p80 of band) |
| Net charge-offs (annualized) | 0.72% (p69 of band) |
| Loans / shares | 83% (p41 of band) |
| Cash / assets | 10.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.97% (p89 of band) |
| Operating expense / assets | 3.81% (p80 of band) |
| Vehicles % of loans | 12% (p16 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 72% |
| Third-party paper % of net worth | 89% (p37 of band) |
| Vehicle delinquency | 1.16% (p84 of band) |
| Vehicle NCO | 3.10% (p96 of band) |
| Repossessed % of vehicle book | 0.06% (p44 of band) |
| Real estate % of loans | 50% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 9% |
| Commercial % of net worth | 209% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 30% |
| Average share balance | $6,296 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $42.8M |
| Loans outstanding per 100 members | 48% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $23,451 |
| Loans granted, annualized | $216.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $42.8M outstanding purchased (29.7% of net worth), $1.8M sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 5.1% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 1 | net worth falling |  |
| 2017-06 | 1 | 3rd-party paper>100% NW | net worth falling |
| 2017-09 | 1 |  |  |
| 2017-12 | 1 |  |  |
| 2018-03 | 1 |  |  |
| 2018-06 | 2 | net worth falling |  |
| 2018-09 | 1 |  | net worth falling |
| 2018-12 | 1 |  |  |
| 2019-03 | 1 |  |  |
| 2019-06 | 2 | net worth falling |  |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | net worth falling, delinquency rising |  |
| 2020-06 | 2 |  | delinquency rising |
| 2020-09 | 2 | margin squeeze | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 3 | net worth falling |  |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | expense trap |  |
| 2022-03 | 2 | delinquency 2x band | expense trap |
| 2022-06 | 1 |  | delinquency 2x band |
| 2022-09 | 2 | expense trap |  |
| 2022-12 | 2 |  |  |
| 2023-03 | 3 | delinquency 2x band |  |
| 2023-06 | 1 |  | expense trap, delinquency 2x band |
| 2023-09 | 2 | net worth falling |  |
| 2023-12 | 2 |  |  |
| 2024-03 | 2 |  |  |
| 2024-06 | 3 | margin squeeze |  |
| 2024-09 | 1 |  | net worth falling, margin squeeze |
| 2024-12 | 1 |  |  |
| 2025-03 | 2 | net worth falling |  |
| 2025-06 | 3 | delinquency 2x band, delinquency rising | 3rd-party paper>100% NW |
| 2025-09 | 0 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2025-12 | 1 | delinquency rising |  |
| 2026-03 | 1 | net worth falling | delinquency rising |

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

- 2026-08-08 [First Commonwealth Federal Credit Union sets opening date for new Allentown financial center - WFMZ.com](https://news.google.com/rss/articles/CBMilAJBVV95cUxQR1RkbEZfUTQ2SUs3dVBUNmF6VUYzTE96LXkwdGF6RVdWajcxWTJZc2JWWHVHNkh3T0xDSFBsTnVSMjFEekQxUTRPTFBzZEdWdXBiM2pCZ1g3OXk1UmNyeUlzMnNWUW9BUk1BWFlCVTRqcEplUHRBQ1VZZWhCajFyLUNoLTRtNmlESm43MWtZUThfbThaR0FQRnRKX3dRekNyeFZ6RFNTUmFZeUpxV0ZvUlFjY0N6LUs3Z0dEUUQtUEpKanlkZVRzLUVsc0JCaG5VQWtsUzZEcTE1YjhmRGRuc3g4eE56ZWQ3cTB1UWRnTjBVNmdJWlJtd1pQTHBVRzVSV2ZjNUtuQVVhcEtUOWxJU2VBODM?oc=5) · WFMZ.com
- 2026-04-25 [$1.2M First Commonwealth Federal Credit Union data breach class action settlement - Top Class Actions](https://news.google.com/rss/articles/CBMi2gFBVV95cUxQSUxZdTJrWTRuYWJLSWRXNU9leC1CdzdBSTluNWM3N2ZZNEZIMk1DQ29tRFA1bzlod3pfcno1Y3gtMUtiVENGMlA3RDdkQXZabFEwcm9XRWdUV0ZtVVBpbERMbUpkSlZZMER2LU8yZVg2TDgxcGtadkxkSF9ILThUTGVYOUdWa0ZQb1ZfU3hzajh5dlJIZGE0eFlrZHNaekhWNVozcWtIWWJPYUVPam9ZU3dtcmZycXFod3ZmTXp5cjRkdWg3SmhKbDNNQkJGbmlrU3J6bmU0ckoyZw?oc=5) · Top Class Actions
- 2026-01-30 [Credit union to open new Lehigh Valley branch in ongoing expansion effort - Lehighvalleylive.com](https://news.google.com/rss/articles/CBMixwFBVV95cUxNc0REcDc2VXlocUFobU1RdDZYTTNqSDBNWVBZSm96QUg5OEtuckhCcExfR1l4bzFRVkNGWVlObFFaQVh4U29XX1lPRW9XNW5wUnIyZUh1R0Z6QWQzQ3VVWFhESlVFN1I2UW1tSlpMeWs5Qy1qVS1IYWRRQ1BMUm5EbTdySjNjblFfR2U3bWdfYXNzX3dYcjdGRkJMNWFrWWU2Rm95bGlseHppT0doU2NpT3BVUE03aHYtYUwtSHBwMUNwRVJVeEZJ?oc=5) · Lehighvalleylive.com
- 2026-04-14 [Armco Credit Union plans new branch, buys former First Commonwealth building - The Business Journals](https://news.google.com/rss/articles/CBMiggFBVV95cUxQdGVlX2RWQUg3cGw5NDJaVkdDRUk4UnlLTHVCX2JYYWV3ZDFCQ3RUM0FmRDVScVYyT24tVHdzSVhLRFZqcWhPX25EcnQ3OFVFV045a3BUUlRlNW0yNDRyR0lWaXRVemJYdGtCTGJJNFlIQ1RQd2VXT2FDaktxVlFBQWJ3?oc=5) · The Business Journals
- 2025-12-12 [First Commonwealth Federal Credit Union $1.2M Settlement - Claim Depot](https://news.google.com/rss/articles/CBMiZkFVX3lxTE5tX3R3NldncVpNYXJxSThKajJYN1hIcDVONU40VS1TT0xYUFQ2S25KVUNLWkEwY0tESjJuSVItRjBPX3dZNjFtMmkyeTdTZTF0WW02Uy1idlBtaGdEVXhGdG1FZ0thZw?oc=5) · Claim Depot
- 2026-04-15 [Armco Credit Union plans new branch, buys former First Commonwealth building - WPXI](https://news.google.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?oc=5) · WPXI
- 2025-12-05 [First Commonwealth Federal Credit Union opening new Allentown financial center - WFMZ.com](https://news.google.com/rss/articles/CBMigAJBVV95cUxQaDg2SlVKY0g2MldNSkhxRi1yekFEV3RMVm5fekZJTkJDTGhBQmxJbGYzRHFKWWh0enVHQUxObjJyckZtWG9yUU1hSEFYZmc2bVp6QlUxcXpJOHUxWjBqNkJMOTV3X2Y5ZXRTSDBENFV3MEE2Wi1pYjI4NmcxQXhtOTduTEd6TWdNVXFpSW8zbVRSMXdFZW1UR3RRWDhvbmhvVHU2TEJPUDAtMGhuZWFoZ1hsYTNxU214a0dnNy1adjF4RVpIb2NXY1BkX3BmV0RlRGNSX2ZTSERWQ3ZTSnFyMVFnYXdSRXZ4WUhyWlg5M1FSOWM3TEJubUtzYkpoWWZB?oc=5) · WFMZ.com
- 2023-05-16 [FIRST COMMONWEALTH FEDERAL CREDIT UNION AND BELLCO FEDERAL CREDIT UNION ANNOUNCE INTENT TO MERGE - PR Newswire](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNN1p0R3M5d0pGVG9lOC05bVdycGhhNm9KU180TjhoSWphMTB4SDFMdnV3TW5vaW9oTXZ6dll5SkRSeEtXWmNaTVhkcGxScy0xN1AwSThwalFFOW9lOFJXcGJMU3RGS2hHZUlSNV85cDdJZXBzWXZ5b0NOZG5QTnFqUFFYUTZEZFJrcHNmZHNyUEhWeUQzWXJvU20tWWE1OWo5V2lOUU4xVDEtdkp1M0xqNHVaUG04NGxPaUZWUElFcDI3eVkzVWJMeDVaa0Rzakpsc0pGeGdIb1gxLWpBbmg2RTc3QUtELVk?oc=5) · PR Newswire

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=12765 (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/29.json (key "12765", 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=12765
- 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