# SOLUTIONS FIRST
Enterprise, AL · NCUA charter 16556 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/solutions-first-16556

Who the members are: federal charter, community charter, organized 1964, low-income designated. 4,941 members of 172,366 potential (2.9% of the field); checking penetration 36% (share draft accounts per 100 members); loans per 100 members 57.

**Verdict on the desk:** this could be *stressed*. Composite score 8 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $45.7M |
| Members | 4,941 (-0.5% YoY) |
| Full-time staff | 8 |
| Net worth | $3.1M |
| Net worth ratio | 6.7% (p2 of band) |
| ROA (annualized) | 0.08% (p27 of band) |
| Total delinquency | 2.54% (p83 of band) |
| Net charge-offs (annualized) | 1.04% (p86 of band) |
| Loans / shares | 45% (p31 of band) |
| Cash / assets | 33.4% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.00% (p19 of band) |
| Operating expense / assets | 3.85% (p56 of band) |
| Vehicles % of loans | 61% (p49 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 21% |
| Third-party paper % of net worth | 112% (p97 of band) |
| Vehicle delinquency | 3.15% (p88 of band) |
| Vehicle NCO | 2.23% (p93 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 9% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 13% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 46% |
| Certificates % of member funds | 43% |
| Average share balance | $7,256 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $77,985 |
| Loans outstanding per 100 members | 57% |
| Loans granted per 100 members, annualized | 33% |
| Average loan balance | $6,801 |
| Loans granted, annualized | $3.5M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $77,985 outstanding purchased (2.6% of net worth), $0 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares -1.4% year over year.

## Flags firing in the latest filing

- **thin capital** (`cap_low`)
- **capital below 7%** (`cap_critical`)
- **net worth falling** (`cap_falling`)
- **delinquency 2x band** (`aq_dq_high`)
- **loan book shrinking** (`shrink_loans`)
- **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 | losing money, delinquency 2x band, charge-offs p90 |  |
| 2016-06 | 2 |  | charge-offs p90 |
| 2016-09 | 4 | net worth falling, charge-offs p90 |  |
| 2016-12 | 4 | thin capital | charge-offs p90 |
| 2017-03 | 5 | assets shrinking, members leaving | delinquency 2x band |
| 2017-06 | 5 |  |  |
| 2017-09 | 4 |  | net worth falling |
| 2017-12 | 3 |  | assets shrinking |
| 2018-03 | 2 |  | losing money |
| 2018-06 | 2 |  |  |
| 2018-09 | 2 |  |  |
| 2018-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2019-03 | 5 | net worth falling |  |
| 2019-06 | 3 |  | delinquency 2x band, net worth falling |
| 2019-09 | 1 |  | members leaving, delinquency rising |
| 2019-12 | 0 |  | thin capital |
| 2020-03 | 2 | thin capital, loan book shrinking |  |
| 2020-06 | 2 | net worth falling | loan book shrinking |
| 2020-09 | 1 |  | net worth falling |
| 2020-12 | 2 | delinquency rising |  |
| 2021-03 | 2 | net worth falling | delinquency rising |
| 2021-06 | 2 |  |  |
| 2021-09 | 1 |  | net worth falling |
| 2021-12 | 1 |  |  |
| 2022-03 | 3 | net worth falling, losing money |  |
| 2022-06 | 5 | delinquency rising, 3rd-party paper>100% NW |  |
| 2022-09 | 7 | capital below 7%, auto monoline | losing money |
| 2022-12 | 7 |  |  |
| 2023-03 | 9 | losing money, charge-offs p90 |  |
| 2023-06 | 10 | delinquency 2x band |  |
| 2023-09 | 8 |  | net worth falling, charge-offs p90 |
| 2023-12 | 8 |  |  |
| 2024-03 | 8 | assets shrinking, loan book shrinking | losing money, delinquency 2x band |
| 2024-06 | 9 | losing money, delinquency 2x band | delinquency rising |
| 2024-09 | 10 | net worth falling |  |
| 2024-12 | 9 |  | assets shrinking |
| 2025-03 | 10 | delinquency rising |  |
| 2025-06 | 7 |  | losing money, net worth falling, delinquency rising |
| 2025-09 | 7 | assets shrinking | auto monoline |
| 2025-12 | 8 | auto monoline |  |
| 2026-03 | 8 | net worth falling | assets shrinking |

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

- 2026-01-28 [First West Credit Union accelerates service with Microsoft Copilot and AI agents - microsoft.com](https://news.google.com/rss/articles/CBMinAFBVV95cUxPVDNBOGV6ZDA4X1dHLWlqR2ozeWstcy1tWnNmLUdkUXNrbDZBbjNfYXRBXzQ0OUVYOEdTTlFTNDFzMDNpQWFkclg5NVJHdEVZV0F4ay1hMGVoR2xwNUd0QjBKMUVCSXNjNU1wV1E2UzI2Y3MxLTRzNVE2SVR1QjQxT3lTV0xQOEgtZUJHRmdjbmI5ZlZrYVk3bS1iRVM?oc=5) · microsoft.com
- 2022-02-24 [Obituary for Monroe Mitchell Lee - Ward-Wilson Funeral Home](https://news.google.com/rss/articles/CBMiWkFVX3lxTE5Kbm9BNEJyaDY4d25VRUpCQ2F6bk9zSWtFMl9kV050TW0wWTBlY2FVcXl0bTV6N3Z4MzBWR3EzRGxYdjhtNG9NU0dwbEpGaXVoQWRIT3puT19pZw?oc=5) · Ward-Wilson Funeral Home
- 2025-12-03 [40 companies named as Best Companies to Work for in Alabama - Business Alabama Magazine](https://news.google.com/rss/articles/CBMikgFBVV95cUxOdzRHR0k2NnA5NGpvY3BOYTBLVG80YU9RWTBUNzVjYV91M1FJRUgtdVVNUm5HZ0RxVnlHQjNSYXVRZVpfRWJnQUVCQzNWVWV1cW9taEZWZkQtRXFRSnNqYzVrNjdWWUpXRWV3Qms3YW9OeXdCNWMwTUlGTkRDa1l1RmhNZjZCZ01vWVd4OU9hVTFLZw?oc=5) · Business Alabama Magazine
- 2019-09-28 [First Community Credit Union deepens its roots on the South Coast - The Coos Bay World](https://news.google.com/rss/articles/CBMi1wFBVV95cUxNckcwUllHMEtDcXhiVEZQbUI1UXg0OHlLX2tSQlN1ZW1lUU45cWxOQWlUYnJsZWJsTDliTEtLOFNiYjA0T0o1WEpGREp4ZHZwY2twM0NRWE9TSzRzdGVjX3BEaFNuWGdIQUYtYkh4bGdVQmRoRGhqS1ZYeVhtQWU0bDA4OGx0VmcwaXR6cjE3ZDVnMmtHbWg1clVyZm53RDZIMzBab21Rd1oxR0ZUOXdsOU5HaFJwZXcyQ2hZejUyTG5NdnR2dTRLbHhIZWgxdXU5OHlsMS1mNA?oc=5) · The Coos Bay World
- 2024-01-15 [Niles Mayor To Deliver State Of Village Address At Chamber Installation Luncheon - Journal & Topics](https://news.google.com/rss/articles/CBMivgFBVV95cUxNRzc1QUxnWkJiWXh3cFY5dFNRbFlLZllxS015V0NOR1dzUENqenB1djl2OE04dUJfQVhoanUyd19fSV9KOVc2S0xiMExTWHo5UnBHa0tTeWtnVTg3V0dYNVlURU8zdnQtanZEVjFISHN0Vzlpd1pfOHVjS3FqaG53X3hpanNsaDYyNVRLQ0daMTRublRadm10THl0UUg1bWNDTS0yOFdNa3lNS19JZGRjajhSSG1WX0ljTVBjWXRR?oc=5) · Journal &amp; Topics
- 2019-10-09 [Lee Phillips Obituary (2019) - Enterprise, AL - Dothan Eagle - legacy.com](https://news.google.com/rss/articles/CBMikAFBVV95cUxQOF9nWlBBR3dJWW95MkVvakg0dWhFejc0ZWh5aEhkQkktZU1GalZtUXc3WTRRbVFENHFwSlhWMXZDY25ZdG42MVdFU1B6TmkxZXpodjVucTJ6T0pwTTVDNk9VREtYWktmUUkzd053YlAtVDBlZzZFRVdhbkhlTjNwTWZXd3ZXdW81RWRSbEZ3ZWk?oc=5) · legacy.com
- 2014-07-29 [Update: Construction starts on FedEx Ground center at Summit East - Tallahassee Democrat](https://news.google.com/rss/articles/CBMinwFBVV95cUxOX3ZxeThucDZLRkhkYlVrS25DRXlmQWNFUks0Rl9QZE8tdEs3dWhsOEVfOE5tTEExVDEtaGpiT3VnVERmX1ZtVFkwajQxRUdGTjhRX1cwOEdXTzdTb0dPeVJzNTd5OS1CNWZBbW9lZHVSQzJLQmM0QlNsV0ZxbGV6ME9yTTBRa0ZrVE1qV1VzUWlrOHJSdmNpTnRfaDZ4QzQ?oc=5) · Tallahassee Democrat
- 2026-03-20 [Hot Sheet Cases Filed in 20th Judicial Circuit March 19, 2026 - Rickey Stokes News](https://news.google.com/rss/articles/CBMilAFBVV95cUxQV2V0RDJsOFVJVUM5N1Z6VVZpbHhENWVrWWlFNmh1SGcwdWJUQjJoWTJyOUU5eWNPelZNYk5hQWJWSVBNQjBuUjkxaDQzR1dYNi1qLTlKYkNRMmtUcEtkcE9HWnczcGpDd29tZV9VVkRnT2JpRGh0c1c2MHJKY1loM3FNWmNWaDFOMnMtT2xzeFhKVnlY?oc=5) · Rickey Stokes News

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=16556 (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/44.json (key "16556", 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=16556
- 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