# FIREFIGHTERS FIRST
Los Angeles, CA · NCUA charter 24877 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/firefighters-first-24877

Who the members are: federal charter, service (single sponsor), organized 1935. 77,213 members of 2,682,820 potential (2.9% of the field); checking penetration 86% (share draft accounts per 100 members); loans per 100 members 76.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.47B |
| Members | 77,213 (8.9% YoY) |
| Full-time staff | 301 |
| Net worth | $223.1M |
| Net worth ratio | 9.0% (p15 of band) |
| ROA (annualized) | 0.43% (p25 of band) |
| Total delinquency | 0.10% (p2 of band) |
| Net charge-offs (annualized) | 0.07% (p4 of band) |
| Loans / shares | 92% (p68 of band) |
| Cash / assets | 8.5% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.88% (p21 of band) |
| Operating expense / assets | 2.88% (p31 of band) |
| Vehicles % of loans | 20% (p32 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 6% (p12 of band) |
| Vehicle delinquency | 0.05% (p1 of band) |
| Vehicle NCO | 0.13% (p2 of band) |
| Repossessed % of vehicle book | 0.00% (p23 of band) |
| Real estate % of loans | 58% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 6% |
| Commercial % of net worth | 112% |
| Core shares % of member funds | 33% |
| Certificates % of member funds | 32% |
| Average share balance | $11,911 |
| Participations bought / yr | $34.3M |
| Participations sold / yr | $0 |
| Participations outstanding | $116.2M |
| Loans outstanding per 100 members | 76% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $34,997 |
| Loans granted, annualized | $627.5M |

## Participation posture (from the same filings)

Bought $34.3M and sold $0 in the latest annualized quarter; $116.2M outstanding purchased (52.1% of net worth), $2.2M sold and retained. Sold in 0 and bought in 6 of the last 8 quarters. Shares 8.1% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2017-06 | 0 |  |  |
| 2017-09 | 0 |  |  |
| 2017-12 | 0 |  |  |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | loans>95% of shares |  |
| 2018-09 | 1 |  |  |
| 2018-12 | 2 | net worth falling |  |
| 2019-03 | 2 | thin capital | loans>95% of shares |
| 2019-06 | 1 |  | net worth falling |
| 2019-09 | 0 |  | thin capital |
| 2019-12 | 0 |  |  |
| 2020-03 | 3 | thin capital, net worth falling, delinquency rising |  |
| 2020-06 | 2 |  | delinquency rising |
| 2020-09 | 3 | delinquency rising |  |
| 2020-12 | 3 | margin squeeze | delinquency rising |
| 2021-03 | 2 |  | margin squeeze |
| 2021-06 | 2 |  |  |
| 2021-09 | 2 |  |  |
| 2021-12 | 2 |  |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 | delinquency rising | net worth falling |
| 2022-09 | 2 |  |  |
| 2022-12 | 1 |  | delinquency rising |
| 2023-03 | 2 | delinquency rising |  |
| 2023-06 | 1 |  | delinquency rising |
| 2023-09 | 1 | delinquency rising | thin capital |
| 2023-12 | 1 |  |  |
| 2024-03 | 0 |  | delinquency rising |
| 2024-06 | 1 | delinquency rising |  |
| 2024-09 | 0 |  | delinquency rising |
| 2024-12 | 0 |  |  |
| 2025-03 | 2 | net worth falling, delinquency rising |  |
| 2025-06 | 0 |  | net worth falling, delinquency rising |
| 2025-09 | 1 | delinquency rising |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 0 |  | delinquency rising |

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

- 2017-01-09 [Fire Family Foundation Provides Over $350,000 in Aid in 2016 for Los Angeles Firefighters - firehouse.com](https://news.google.com/rss/articles/CBMiugJBVV95cUxQcWRuUnRublRGcXBsUFZwclN6b0FFeFhHOXJvVmtXcFVmZ3ZFY3dJSUhvNy12bGJ5WmFDMm90WlVvSkNQaVlfeUg1X19SbDVRbzZ6T1dfWXBXZ0pySnlaam1lY3VlUFR6aFBWQXlxa05rRURna2xVRUNXRTVWMnNNM1d5dE5ORGZFUjF5MzgzZktuTFdIU21QanlNbTVYQzBTcW5LOEFjbHlGSFJqODl1dnQ5OWFzMmhrQThMSW1QV0JwV2JkbWh2czBYUFViR0tBWEwzZjFaZWdxdHZZTmYwTmRSMk83aHRRdE01VklsMEpjdFMzeVRWQ0pZY3dndFkxcWNMOFQtYUphSHpBTTlvcW01ajJ2Ymw2RU1UZmVmaGJXd2tLSVBIRUZrWTVOOTIxcWt2TTY0aUNUdw?oc=5) · firehouse.com
- 2021-04-12 [Ed Kelly, Frank Líma Take Office - IAFF](https://news.google.com/rss/articles/CBMiakFVX3lxTE96QU1PUWRSbnlHNkFxc2U3a1R2dUF0VFJTM24zTWEzQVhlZWlybEJ6UTlXNGxUVzFyS21nSmJXSF9EcGhhcng5UVF1VUxNZ2hJSklKX2hBeDBvd3ptbEk1Vl82eHlqQnR4NEE?oc=5) · IAFF
- 2017-03-07 [Additional Way to Assist CSLEA-FMESA Member Shane Norris - California Statewide Law Enforcement Association](https://news.google.com/rss/articles/CBMiiwFBVV95cUxNMHF0a2kzOVNmckpaZGF5Qkl6bXJuclRiNEZmd0lGM0ZJcml3a1VkNVVMUFhSQTdDV2NaSldFbjNSR1R0OV9aZGxuQnNPX3BUSzlXWmkzNXBIMEkweV9UaXAzTFllQmVxdUkySWZyaWozdGFJbmtSc3B5UUc0cWlVYVZZNVVod3V4cXhZ?oc=5) · California Statewide Law Enforcement Association
- 2021-08-04 [Retired Chatsworth Firefighter Begins Ride for America, Honoring “Elevator Man” and Other Fallen 9/11 Heroes - The San Fernando Valley Sun](https://news.google.com/rss/articles/CBMi2wFBVV95cUxQQ3hBSWM2Z1c3czYxRnZ0Y3FPWFBZQ2FpY3o5TmtTTnlldkRJU2k0YUFPV3ZVRmhPUmthemM3MmtwN0kwMzlrSjhKT1pQd00zQTF2czRyb3FyQXMzQkMyNFAyY0hxb25FQnp4em5NeVBBVGEtWmlyZHdUdmU1OVJXRk9SVnJjb2NiRi1vZkt2S1E3ZWt0WUhaTVdSUEJjZFlxRGRFRzFneWQ4R0JPNXhWeVYzOGdMZkM5NkVuNVJ0Z0J2cHJ6MGo4T1lTajhnVHdBaEgwOGVBLUVWVVU?oc=5) · The San Fernando Valley Sun
- 2018-07-25 [Pilot Travel Center Opens In Rialto - ie community news](https://news.google.com/rss/articles/CBMid0FVX3lxTE4tMzd6TDdFU3FqaVV2OEFrZkZQRE9Bb0JITkRhV2hYOU5Ybko0STMyX3dRaDVMeEkxQ0d6aU0wbEZKX2NodTEybG1lbU9WM0lrc1pLOS1QMTVhZmV5MUsyRlFOVklZeElDbXh1X2EtWjJfbmFkSENB?oc=5) · ie community news
- 2018-12-05 [Top 100 bank advisors, 51-75 - financial-planning.com](https://news.google.com/rss/articles/CBMidkFVX3lxTE9yZ2ZiV3ZxNXl0QU1xYkdrYmljQ3JuUEFBVmtod2Z1N2NSb19JOE9aUVBmMU9xOTJPYlhyV0hNLU02aWxlSTZsNGdWOG5JVU0zeDRDYUJxZW43NUxqNnU2SHRRNmJWVDZwSzRHb0Rjbm5TZW1wekE?oc=5) · financial-planning.com
- 2022-10-28 [Owl Saved In Santiago Fire Still Not Ready To Take Wing - Patch](https://news.google.com/rss/articles/CBMilwFBVV95cUxNSTl4RDVrMGhRbHJDZWJnWkUxV3hiRGljbWk2bDBzLWFlLWZFUmFsTlE1WDJ3bTI3N2ZwenlCR1dUeFY4cFd3cDF5Q1l5MERQaTZLNHlZRWQyQ3NTejYxUG9XSDNOMHlSWDViVjVqbDVxN3FTTzdYVnpZcXRRendxcGFPbzJiMzJYaldId1VEYV9sZ1dTdGl3?oc=5) · Patch
- 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

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=24877 (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/45.json (key "24877", 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=24877
- 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