# TENNESSEE MEMBERS 1ST
Oak Ridge, TN · NCUA charter 5318 · asset band $50-100M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/tennessee-members-1st-5318

Who the members are: federal charter, community charter, organized 1946, low-income designated. 4,465 members of 650,914 potential (0.7% of the field); checking penetration 52% (share draft accounts per 100 members); loans per 100 members 32.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 4 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $98.3M |
| Members | 4,465 (-3.3% YoY) |
| Full-time staff | 20 |
| Net worth | $11.3M |
| Net worth ratio | 11.5% (p36 of band) |
| ROA (annualized) | 0.06% (p15 of band) |
| Total delinquency | 1.80% (p91 of band) |
| Net charge-offs (annualized) | 1.34% (p93 of band) |
| Loans / shares | 51% (p33 of band) |
| Cash / assets | 2.3% |
| Borrowings / assets | 0.32% |
| Net interest margin | 3.06% (p20 of band) |
| Operating expense / assets | 3.59% (p51 of band) |
| Vehicles % of loans | 40% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 71% |
| Third-party paper % of net worth | 119% (p87 of band) |
| Vehicle delinquency | 1.45% (p81 of band) |
| Vehicle NCO | 0.94% (p80 of band) |
| Repossessed % of vehicle book | 0.00% (p38 of band) |
| Real estate % of loans | 26% |
| Credit cards % of loans | 0% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 97% |
| Core shares % of member funds | 68% |
| Certificates % of member funds | 21% |
| Average share balance | $11,043 |
| Participations bought / yr | $546,048 |
| Participations sold / yr | $0 |
| Participations outstanding | $14.7M |
| Loans outstanding per 100 members | 32% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $31,725 |
| Loans granted, annualized | $8.4M |

## Participation posture (from the same filings)

Bought $546,048 and sold $0 in the latest annualized quarter; $14.7M outstanding purchased (129.3% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares -1.5% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **charge-offs p90** (`aq_nco_high`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | delinquency 2x band |  |
| 2016-06 | 0 |  | delinquency 2x band |
| 2016-09 | 0 |  |  |
| 2016-12 | 1 | delinquency 2x band |  |
| 2017-03 | 2 | members leaving |  |
| 2017-06 | 2 | net worth falling | members leaving |
| 2017-09 | 3 | delinquency rising |  |
| 2017-12 | 1 |  | net worth falling, delinquency rising |
| 2018-03 | 0 |  | delinquency 2x band |
| 2018-06 | 0 |  |  |
| 2018-09 | 1 | assets shrinking |  |
| 2018-12 | 1 |  |  |
| 2019-03 | 2 | losing money, 3rd-party paper>100% NW | assets shrinking |
| 2019-06 | 2 | net worth falling | losing money |
| 2019-09 | 1 |  | net worth falling |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | losing money, delinquency rising |  |
| 2020-06 | 3 | net worth falling | delinquency rising |
| 2020-09 | 3 |  |  |
| 2020-12 | 3 |  |  |
| 2021-03 | 3 | margin squeeze | losing money |
| 2021-06 | 5 | losing money, delinquency rising |  |
| 2021-09 | 3 | members leaving | net worth falling, margin squeeze, losing money |
| 2021-12 | 2 |  | delinquency rising |
| 2022-03 | 2 |  |  |
| 2022-06 | 2 |  |  |
| 2022-09 | 1 |  | members leaving |
| 2022-12 | 2 | delinquency rising |  |
| 2023-03 | 2 | losing money | delinquency rising |
| 2023-06 | 2 |  |  |
| 2023-09 | 1 |  | losing money |
| 2023-12 | 4 | losing money, assets shrinking, members leaving |  |
| 2024-03 | 3 | net worth falling | losing money, assets shrinking |
| 2024-06 | 2 |  | net worth falling |
| 2024-09 | 2 | delinquency rising | members leaving |
| 2024-12 | 2 |  |  |
| 2025-03 | 3 | delinquency 2x band |  |
| 2025-06 | 3 |  |  |
| 2025-09 | 3 |  |  |
| 2025-12 | 3 | net worth falling | 3rd-party paper>100% NW |
| 2026-03 | 4 | charge-offs p90, members leaving, 3rd-party paper>100% NW | delinquency rising, net worth falling |

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

- 2025-12-25 [Tennessee - Newsweek Rankings](https://news.google.com/rss/articles/CBMikAFBVV95cUxNeFNnYS15bVo5MklHeWVxUjdFSUxLVUdObF80Zk9RWW5PT2FBd0VBWkJiU3loUmpqY28yUkkxWVlkR1czc0JYclJuajZCdEFLeVRFd19zWnlWZU1ETEZucU02RnItTm5kTVBCU1ZiSUFpWHpObGZZeWRCOXlQeU8wdW9RcW9mM3NjenZDYnRQOGE?oc=5) · Newsweek Rankings
- 2021-09-25 [Local credit union names Blalock as Community Relations Coordinator - Oak Ridger](https://news.google.com/rss/articles/CBMiwgFBVV95cUxNd1VWYzZmSjhXS2dVT1FhVXFfcjlGbHlvLVM3XzhNZlNjZTV0WkQ2Z2h3VG1NU0ZIT3JWWVJNNEk2RGhiaHFSTE5tTTc5UjlOel9mWldLM01ULUlNazNXYktWV3lKYVRJWWxWd1NiYXk3N2NRM1gwTG9zckpwTDZrN09QS0RrdzA2WVFBeG1kOWNhWmNYcVRQTmNPS3o1aTJleGdOMG1pX3k4aWhJNDNWVi1JUjRuc1VBaVdvaG5QREEyZw?oc=5) · Oak Ridger
- 2025-10-07 [Regional Banks, CUs: 3 Proven Strategies to Drive Growth - Resourceful Finance Pro](https://news.google.com/rss/articles/CBMifEFVX3lxTFAxR0V1c1lIRy1GXzQtSGNTNk9EM3N6NjM2M3FzT0p2b2hTUDc2aEw2NVR2Z0lUaDBUYXRTckJsanRGWXdsenQ1SnU3SEw3bldSSWhEcmNqLWdMMVNIM3R1Sks5a2FoZy0xTkpoUkVOaVJISDFDd01PR3IzM3I?oc=5) · Resourceful Finance Pro
- 2025-04-10 [America's Best Regional Banks and Credit Unions 2025 - Tennessee - Newsweek Rankings](https://news.google.com/rss/articles/CBMikAFBVV95cUxPU3h5RW1VTUtjSG1vSmRwSGo1RXZjdlFpa3F6NjhOU2EtRW9HR1ZndlZwTE94dlJBQ19rekotdVlCXzYtUUk2TWx4clNNUEhwXzZpckQ4bE5XNlRFOENBUklEXzctam1yY2hJc2otQk5NdWpVeWxKSHk1VnlsU0FiVnAyTmU3d1dfUzAxOGVQd1M?oc=5) · Newsweek Rankings
- 2026-08-24 [ADFAC provided much needed school supplies in four counties - The Mountain Press](https://news.google.com/rss/articles/CBMi6gFBVV95cUxNbldpUGQ3dm9mYlIzWmhxVzg2X2J3bXRIeE9KRmlhRThnRDhZQThRaWVKNks0azg3aVdrRUNBSXZPYklJaHNuMS1GdmdCQ3JueFQtLTZnVlNrRU1ZTzgtUmZ6U3hobUw5RHpETFFNbEhNd1UwU2hoTnk4d1JzOUlDLU1VTk5DMC1tQWpBdC1zZG96Wlcydmtnb0stTEtOa0lmaWxKekxzcG50SEdKc1BCemNSRWFMdmFzSnloUnZZYnNhb0ZDc1Fna1Z1VXVEVkN0aWJ3NVFKR01kcFF0b2NmZEdVdFpObjU3Rnc?oc=5) · The Mountain Press
- 2011-09-30 [Opry barn adds to authenticity of 'Take It Home, Tennessee!' - Oak Ridger](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQMjZ4OVRJLWZuOHlmaUJXcGtQYm5CWHRvcHNDLTc1NC1ZODdIc0hrX1JIQkMwN1NqWU80VkhNeDZZMUwwbGt4NG9qYUx3VWhZS2M0bU9ZS21iYW9OTVEtMFZFeFlrTDlOT29BOGdHSTZHZUV5Y1ZfSms3ZUs3TlNYb3VZaVdzRWFpSUtMcGNjTW9kT3k5QzdvakFfcTRCWV82RkRrSzJyT0xkZw?oc=5) · Oak Ridger
- 2025-04-08 [Best Banks and Credit Unions in Tennessee 2024 - Newsweek Rankings](https://news.google.com/rss/articles/CBMikAFBVV95cUxQODRHSzdOc2s2Y1ZXMzBzU180UEgwOVI1M01nZEItZGpUNnR1dHRWWG95VERTODJPOER2UllpYWpEOXpUaXN1RFpmSkY0cDVoM3hWU2hVdkdDdkpMSUQ2aG1rV2VXRDduWVRqVXJObjBhWXd3VE9RTEtET3A0aUppNk5hbzR1ZUxoRXNMTkhnWWg?oc=5) · Newsweek Rankings
- 2011-09-27 [Clinton performer returns from NYC for 'Take It Home Tennessee!' - Oak Ridger](https://news.google.com/rss/articles/CBMirwFBVV95cUxOS0o5X0tGM0tmQ1dzMUV0SENqaDlPTTNPNDlZalpRVGJvOG5FV3k5dW1NY1dDLWNGRWtvM3hHak0xbmFVNWVWa1ZNX2sxYkZLenRud1BTRy1JV2RkVFFvVXZFOVc5djI1Yk1PVEdER2VoSHpVRF9reTVVY0ZvN2RKTlVXaUNaQnIyelRjeGVXT3c3dHNha0FGbTc5SlE4WlY3c3dUaXpkdnJ6dmNaX1JJ?oc=5) · Oak Ridger

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=5318 (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/6.json (key "5318", 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=5318
- 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