# TALLAHASSEE COMMUNITY
TALLAHASSEE, FL · NCUA charter 3404 · asset band <$50M · latest filing 2021-12 · stopped filing after 2021-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/tallahassee-community-3404

Who the members are: federal charter, community charter, organized 1939, low-income designated. 591 members of 350,000 potential (0.2% of the field); checking penetration 30% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *liquidity-rich*. 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 | $6.9M |
| Members | 591 (3.9% YoY) |
| Full-time staff | 3 |
| Net worth | $723,619 |
| Net worth ratio | 10.5% (p37 of band) |
| ROA (annualized) | 0.35% (p59 of band) |
| Total delinquency | 6.06% (p95 of band) |
| Net charge-offs (annualized) | 0.14% (p59 of band) |
| Loans / shares | 59% (p67 of band) |
| Cash / assets | 17.2% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.21% (p93 of band) |
| Operating expense / assets | 4.52% (p86 of band) |
| Vehicles % of loans | 43% (p30 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p46 of band) |
| Vehicle delinquency | 11.27% (p98 of band) |
| Vehicle NCO | 0.51% (p85 of band) |
| Repossessed % of vehicle book | 0.92% (p99 of band) |
| Real estate % of loans | 44% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 1% |
| Commercial % of net worth | 11% |
| Core shares % of member funds | 47% |
| Certificates % of member funds | 37% |
| Average share balance | $7,321 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 15% |
| Average loan balance | $17,595 |
| Loans granted, annualized | $3.6M |

## Flags firing in the latest filing

- **margin squeeze** (`earn_nim_squeeze`)
- **delinquency 2x band** (`aq_dq_high`)
- **repo signal** (`aq_repo`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | losing money, delinquency 2x band, charge-offs p90 |  |
| 2016-06 | 4 | repo signal |  |
| 2016-09 | 3 |  | repo signal |
| 2016-12 | 3 | expense trap | delinquency 2x band |
| 2017-03 | 4 | assets shrinking, members leaving, loan book shrinking | charge-offs p90, expense trap |
| 2017-06 | 4 |  |  |
| 2017-09 | 5 | net worth falling, delinquency 2x band | members leaving |
| 2017-12 | 5 | margin squeeze, members leaving | loan book shrinking, delinquency 2x band |
| 2018-03 | 3 |  | assets shrinking, margin squeeze |
| 2018-06 | 5 | delinquency 2x band, delinquency rising |  |
| 2018-09 | 5 |  |  |
| 2018-12 | 2 |  | net worth falling, delinquency 2x band, delinquency rising |
| 2019-03 | 3 | delinquency 2x band, delinquency rising | members leaving |
| 2019-06 | 4 | net worth falling |  |
| 2019-09 | 3 | repo signal | delinquency rising, net worth falling |
| 2019-12 | 5 | expense trap, delinquency rising |  |
| 2020-03 | 3 |  | losing money, expense trap |
| 2020-06 | 3 | net worth falling, expense trap | repo signal, delinquency rising |
| 2020-09 | 4 | delinquency rising |  |
| 2020-12 | 3 |  | delinquency rising |
| 2021-03 | 3 | margin squeeze | expense trap |
| 2021-06 | 4 | repo signal |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 3 |  | net worth falling |

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

- 2020-08-04 [First Commerce Credit Union doubles the number of MyWay Scholarships - Tallahassee Democrat](https://news.google.com/rss/articles/CBMitAFBVV95cUxOVVZiQUFSS0Vac1pFdEpnbWQ3WTE4V3RWSHE0UlEzUDZvd2VtLUhOU285U2p6LVZncGFkMnExX2xrQjkzeE83STEtdlFFYm11Mm9ROHlVemppdVJOR29FVnZtZmZuWC1ESHV6ZEQwZVFhMUM0Z2lfVFpfclo1YWdOR21iNDRNSV9yWmRPZV9yQXE4UmxabVFmNThNV0ZXWWxXTDdkV3lPcWdVQ0lUS0NaRDFiVU4?oc=5) · Tallahassee Democrat
- 2025-07-07 [Ron Sachs: Envisioning a brighter future by empowering tomorrow’s changemakers - Florida Politics](https://news.google.com/rss/articles/CBMivgFBVV95cUxNZWkyMWJzeldTVTJMeERsLXNESU1lWEhwRTdzY05jTnZuYzB2OWFsd3JEbnNGSU1BX2h1NGx5UHlvN01MaFRwUEkwWWpKT3V5Q1ROSVlZS2xyS250d2lpNUNhTEVZOWFZMXlkVnZCREcwMjFlNE9LUm5aV3RqWGhtczFvYXh6YWtEdlo5dHNDbDZhalVrTkNuWl9ydHNySE1TQmZPNlo2VUVWTUNGU2R0cGR3Y3BGRFYyUk9BU3Rn?oc=5) · Florida Politics
- 2020-11-18 [Miami Dade College appoints first female president - The Miami Times](https://news.google.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?oc=5) · The Miami Times
- 2016-10-11 [Jerry Phelps Obituary - Tallahassee, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxOZWlQS3RyTVdmc1BON01vMTV1VFkwSDBIU3JSamdWN3NJME9fRklRYkIxdk5rbVQzaDhhbDlBOXBuV2w4NERtbVhOekdwaGJUVXN1VVpnMDJ2ZTBpbzltX2xMMzVmZ0JIN1dJTXF6WEZQekxhMzFmX1pDU3RRMEVKaW9OVTc?oc=5) · Dignity Memorial
- 2017-10-22 [Campus Notes - Tallahassee Democrat](https://news.google.com/rss/articles/CBMihgFBVV95cUxPeWh5bkpnbl9TOHRNRk5fRmc4TWRPUEMzU0dDVE1XRjRCdFhBaVNkYTQ0MllibVlVNFhWX19rWnhIem53alJpa3ZUeDVFMGRLS1RxZDI4NDJhd210LXpvYWNnMlFYQXhNa3M5WUdrU3dKR0d4OGg2SUFIM19YdmNXbXdHajRzUQ?oc=5) · Tallahassee Democrat
- 2019-04-03 [Janette Pickard Obituary - Tallahassee, FL - Dignity Memorial](https://news.google.com/rss/articles/CBMiiAFBVV95cUxPY00zQjJkcjVmZko1MkM4SzV5RGZobHFHd0RWbkZjM28zUHRDQ0c3Qkd6bjQzT0RGeGt5S1pCLVZKQk1nYzU5TDFTejUtU0J0LU1GRFVUMngwTHpVa0ZIM1dRWDd3R0o3T0M3T0tsdFpXSmtzV0dCRkg0UjluOWFsaFFqMXJiN3k4?oc=5) · Dignity Memorial
- 2021-06-08 [First Commerce Credit Union awards two $1,000 scholarships - Tallahassee Democrat](https://news.google.com/rss/articles/CBMitAFBVV95cUxOSFNZbXpPeHJ6OEJ3eUNzbnhtQkdGbU5hX0RzTWEtYjlIeGxySC1HMVlSd0lURDlRNENhaFV1aHlieENmdzZTOXozR05yRk01MlhmNzBNWFFMUUk1ZHZ5Vzd1bnhJc1pxdUxwU3FsU0xEWVZQNWg1emZ1YlNEeHNiNHR4UEQwcjAzTXJjUG5JYTNYeUtiZWNtMDBvWl9YMDNVb2R1ZmluU1BLVnZHbDVQb3pfRzA?oc=5) · Tallahassee Democrat
- 2016-02-10 [Alexanders found each other at TCC - Tallahassee Democrat](https://news.google.com/rss/articles/CBMilgFBVV95cUxQaEkwdmF3QkhWZTFyTF9ydm1ZTnc0UDRWSFN5cmNzc1JVNmh2d3F3RVNWU1FDTkUzQ1g0MFZzZmJJNXdYSDRiT0tvVzJoZ3lVTWtPQzFBVThzdFN6ejVnaVQ0dU4xSXpNbGpnWmZsZWthSFliYkNjOUQ0eENaNldlMHZLc2tOQnNMT1hXVXVEanlsLVpmU2c?oc=5) · Tallahassee Democrat

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=3404 (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/12.json (key "3404", 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=3404
- 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