# FIRST COUNTY
MUNCIE, IN · NCUA charter 14163 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-county-14163

Who the members are: federal charter, community charter, organized 1961, low-income designated. 3,208 members of 113,460 potential (2.8% of the field); checking penetration 49% (share draft accounts per 100 members); loans per 100 members 42.

**Verdict on the desk:** this could be *auto monoline*. 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 | $34.4M |
| Members | 3,208 (-6.1% YoY) |
| Full-time staff | 9 |
| Net worth | $3.5M |
| Net worth ratio | 10.2% (p18 of band) |
| ROA (annualized) | 0.58% (p50 of band) |
| Total delinquency | 0.78% (p56 of band) |
| Net charge-offs (annualized) | 0.10% (p58 of band) |
| Loans / shares | 47% (p33 of band) |
| Cash / assets | 45.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.58% (p37 of band) |
| Operating expense / assets | 3.95% (p59 of band) |
| Vehicles % of loans | 70% (p64 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 17% |
| Third-party paper % of net worth | 123% (p97 of band) |
| Vehicle delinquency | 0.91% (p62 of band) |
| Vehicle NCO | 0.00% (p69 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 18% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 66% |
| Certificates % of member funds | 27% |
| Average share balance | $5,661 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $2.3M |
| Loans outstanding per 100 members | 42% |
| Loans granted per 100 members, annualized | 10% |
| Average loan balance | $10,759 |
| Loans granted, annualized | $4.6M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $2.3M outstanding purchased (66.1% of net worth), $0 sold and retained. Sold in 0 and bought in 1 of the last 8 quarters. Shares 4.0% year over year.

## Flags firing in the latest filing

- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

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

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

- 2020-01-05 [NSF Fee Lawsuit Filed Against First County Bank - Top Class Actions](https://news.google.com/rss/articles/CBMiqwFBVV95cUxNTHRiU1NObko5SHl1OVVKRk1pX1Y2RTVmOHhETHlJQnR0Q0R3VE9JaF9tMTRzNEVFVFNUNi1XcTZHZUtfSnJ0TFN2WnF6TE9WSlplNHB6N2Myb1Y5dHFISWNLYVZMSWluaVRqQWY5Nk5ZdzRJM1NxRS12bzZlRlFlQjg4WldpR3Z1Rk9Sczd1OXRQeV9wY2RiSk1RUUpsTEctTU9yZk9SdzRnMVk?oc=5) · Top Class Actions
- 2017-08-17 [Heartland Data Breach Update: Thousands of Institutions Impacted - BankInfoSecurity](https://news.google.com/rss/articles/CBMiogFBVV95cUxNWVEyRWhPeVlpYXZaX19sN1VhVk5zZ1RJb2xUMlNFUmhWdnU2c1NxVXRJcVBxYTJXM0ptVjFreVRaQjJQNkdoQmFKWmQxU3ZNMU5ROGRsbVVreFdIeUhHMmEwSjdnaHVoaDd3ZmhWQmdDX1huU3UyeFlYakxsMW1DTEJEMmVsR3BLelpjd0xENjB1eFBqOXFFcFdtc1lqVE44YlE?oc=5) · BankInfoSecurity
- 2017-05-18 [Family of Angie Barlow hoping arrests lead to missing daughter - Fox 59](https://news.google.com/rss/articles/CBMijwFBVV95cUxOM21DMW4zblVfLU9WV1dzZTJFQXp5VF85dlJYNF94dkplbFBkcDVHdkt3YVpxbGR1RjktUVpob1NkX0VuSlJXOGkxQ2dfeGRrVFdhLWw5TXdzeFF3cXZHellzZVJCN3h2QlFmV1AwOUM2ajRWNTZMVFhoVXNxVGVDXzdKS0JKNmpKS1hFMDBsa9IBlAFBVV95cUxOcWJpZFUyVVROcExFcGpZSUNDSl9vd0RRRUpTZThHQ0NPRHI1QkFZemJvbE8zUzVGdkVwcGRTNl9GbVN1V3dsdVBmcWdjSUpIaDVOOWpnRlh5OGtsQjdMdEN1eE1Ra0ZlU1RyeTZmc1NHR2ctMDdOVjQtMmFzbWw3YTFDOVhzd3RSZkppcGhETTM5U1lG?oc=5) · Fox 59
- 2016-07-22 [Southside Muncie credit union robbed - The Star Press](https://news.google.com/rss/articles/CBMipgFBVV95cUxNZWtmblBaQk92bmF5cXZ2VlJjMFAzSFdRNGRGc0NDSUdoQWloTWhsLWxTVDAxWnBrTUk4RFBOUWs3eU4wQWpQZ1FVRDJhTUJCaVdRVnJyN2pweDd6ZG5UMzZ2VnVSXzJyd1BYRmdNejUwMFY1dklvLWRUc25GeTFiNElwRUF6elY2UGh5ajM2eWdscDdfY1dISWlHWkgyN2YyMVl1NGJn?oc=5) · The Star Press
- 2017-10-31 [Alan Larson Obituary Oct 31, 2017 - Cress Funeral and Cremation Services](https://news.google.com/rss/articles/CBMiakFVX3lxTFAzX040Y2tadnRySXFiMXAxTUZ1WEU2Q09fRVZFSWRscHE2Umd5bGFKWjRkaHVRa19kdnVQTGlkaUVwM3BDWEFaQnFRaWY3d0tyeHlYLUg2MmdUbnktb0FhYjNydHVDSGpaWEE?oc=5) · Cress Funeral and Cremation Services
- 2018-10-02 [Here are all of the banks that currently support Apple Pay - iMore](https://news.google.com/rss/articles/CBMid0FVX3lxTE9ZY3JkQUdrNTNjWmMzVFk2QXBlWExaRnI3bjVsQ28wVlFRWUc5TEVWMm5TWkZ6RmtKTTNZRUhKbExyS25yb2pnRTc5VklBeW13Mzk0aU9MWVNGbHpiMDJUM1pfOVFvdFhCdGpNLUJQVG9ybXYzNlc4?oc=5) · iMore
- 2023-10-13 [First of Lycoming County offices to move from Executive Plaza to Third Street Plaza by end of October - Williamsport Sun-Gazette](https://news.google.com/rss/articles/CBMi5gFBVV95cUxQYTNOazl0N1BfaTN1OUNvTjBKQjRpVGcyTGFsU09SZFlXb1NtemRvUXg4TFJQVzdnMV8wZ2QwQzlTQ3BTQzJRUzBCNjB4WWlSU1FGTWoxTTVpRVM4N2RKbEoxM1FlX2lSZkZyeURkVFp6VUpVSTQ5YzlKWFVXbGRpZjhMNk9JZW5IbDlWTUNUU0FtRlFSRDhLZFdnZXhsaFZwY0g1Tnh4Slhuek9HUGNfQzdpRW9QN3ZJMFJhQXB0QWpocHpJWVdybUNsdjc0eDAyLWtKbjEzTXEwUXhaUFV5M2dhaUF0UQ?oc=5) · Williamsport Sun-Gazette
- 2019-03-27 [Billie Moles Obituary - Muncie, IN - Dignity Memorial](https://news.google.com/rss/articles/CBMifkFVX3lxTFBtaVlUOGhOdjJXeUJOWGJGU1Q4T3VwUlh5dmNMZTcya2I5bU1aNVNROXVxYkV3RzFmZzRQUlk3YzZiRGp6S0ZmeWc1a0o3SzN0X2ZGVjdwbWlsOFZzWHdXU2hONW9ub0oxWkh6LUQ2aFFmMU1CQ216Yl8xeXpyZw?oc=5) · Dignity Memorial

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=14163 (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/19.json (key "14163", 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=14163
- 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