# THE NEW ORLEANS FIREMEN'S
Metairie, LA · NCUA charter 6 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/the-new-orleans-firemen-s-6

Who the members are: federal charter, multiple common bond, organized 1934, low-income designated. 26,121 members of 200,000 potential (13.1% of the field); checking penetration 54% (share draft accounts per 100 members); loans per 100 members 82.

**Verdict on the desk:** this could be *ordinary*. 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 | $288.3M |
| Members | 26,121 (-8.1% YoY) |
| Full-time staff | 92 |
| Net worth | $32.7M |
| Net worth ratio | 11.3% (p52 of band) |
| ROA (annualized) | 0.01% (p7 of band) |
| Total delinquency | 1.04% (p80 of band) |
| Net charge-offs (annualized) | 0.94% (p86 of band) |
| Loans / shares | 87% (p81 of band) |
| Cash / assets | 12.4% |
| Borrowings / assets | 2.43% |
| Net interest margin | 4.72% (p97 of band) |
| Operating expense / assets | 5.48% (p98 of band) |
| Vehicles % of loans | 52% (p83 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 4% |
| Third-party paper % of net worth | 42% (p38 of band) |
| Vehicle delinquency | 1.07% (p79 of band) |
| Vehicle NCO | 0.45% (p40 of band) |
| Repossessed % of vehicle book | 0.05% (p62 of band) |
| Real estate % of loans | 17% |
| Credit cards % of loans | 9% |
| Unsecured % of loans | 23% |
| Commercial % of net worth | 4% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 18% |
| Average share balance | $3,233 |
| Participations bought / yr | $22.1M |
| Participations sold / yr | $0 |
| Participations outstanding | $18.7M |
| Loans outstanding per 100 members | 82% |
| Loans granted per 100 members, annualized | 20% |
| Average loan balance | $10,164 |
| Loans granted, annualized | $98.7M |

## Participation posture (from the same filings)

Bought $22.1M and sold $0 in the latest annualized quarter; $18.7M outstanding purchased (57.3% of net worth), $20,226 sold and retained. Sold in 5 and bought in 8 of the last 8 quarters. Shares 3.8% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)
- **expense trap** (`earn_opex`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 5 | thin capital, expense trap, delinquency 2x band, charge-offs p90, repo signal |  |
| 2016-06 | 5 |  |  |
| 2016-09 | 5 |  |  |
| 2016-12 | 5 |  |  |
| 2017-03 | 5 |  |  |
| 2017-06 | 4 |  | delinquency 2x band |
| 2017-09 | 3 |  | repo signal |
| 2017-12 | 4 | delinquency 2x band |  |
| 2018-03 | 3 |  | delinquency 2x band |
| 2018-06 | 4 | net worth falling |  |
| 2018-09 | 4 | members leaving | net worth falling |
| 2018-12 | 4 |  |  |
| 2019-03 | 3 |  | charge-offs p90 |
| 2019-06 | 4 | charge-offs p90 |  |
| 2019-09 | 3 |  | members leaving |
| 2019-12 | 3 |  |  |
| 2020-03 | 4 | net worth falling |  |
| 2020-06 | 5 | margin squeeze |  |
| 2020-09 | 3 |  | charge-offs p90, net worth falling |
| 2020-12 | 3 |  |  |
| 2021-03 | 5 | net worth falling, charge-offs p90 |  |
| 2021-06 | 2 |  | margin squeeze, net worth falling, charge-offs p90 |
| 2021-09 | 4 | delinquency 2x band, charge-offs p90 |  |
| 2021-12 | 2 |  | delinquency 2x band, charge-offs p90 |
| 2022-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2022-06 | 3 |  | thin capital |
| 2022-09 | 1 |  | delinquency 2x band, delinquency rising |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 3 | assets shrinking, leaning on borrowings |  |
| 2023-09 | 2 | delinquency rising | assets shrinking, leaning on borrowings |
| 2023-12 | 3 | net worth falling |  |
| 2024-03 | 4 | delinquency 2x band |  |
| 2024-06 | 5 | losing money |  |
| 2024-09 | 4 |  | net worth falling |
| 2024-12 | 3 |  | losing money |
| 2025-03 | 3 | charge-offs p90 | delinquency rising |
| 2025-06 | 3 | members leaving | charge-offs p90 |
| 2025-09 | 2 |  | delinquency 2x band |
| 2025-12 | 2 |  |  |
| 2026-03 | 3 | net worth falling |  |

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

- 2025-05-01 [Judy DeLucca inducted into the Credit Union House Hall of Leaders - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxNS3dSSjdCU3A0STVDQmtBdklNVnY1c1V4S3F0bUZydnZpWi1QUEJPVXFiQWlTM0U1dUpjb2NxRU14V2ViV1Zoa0dmQTUycldQdHR4VVE2eDc5dXUybWxaQU1SUUhEaUVmU0NSdzdzS1h2cVNLN3YyZF9lRUxMMndzejJKRU1tVWhQdFVrZXJLSWdjc3JBMlBJaE5jeU1CZVlNN1NKWV9wWU9jZw?oc=5) · CUInsight
- 2020-03-07 [FBI Seeking Help Identifying Armed Robber - The Times of Houma/Thibodaux](https://news.google.com/rss/articles/CBMie0FVX3lxTE1PWEczcE1uRVhjeWZ5OS1mU0UyRk5IemxBcHNQbHk1VFg0b09vWXM5a3ZGa2ZoUGNWUFVfRVZDZHliSDN1Qm03UnIzcndYWEM4c1lCOGhvRFA0WFJxeFlreFRsR3FvZjBpSjQ0RG9hSjNIa1hZeWdqWFNYZw?oc=5) · The Times of Houma/Thibodaux
- 2025-08-17 [Tammy Craig Obituary - Metairie, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMigAFBVV95cUxPWk00cmJXdWxuYUsyb1RwTnNRTjlvcTBzWnJfYXJIUThOX3BfdHBPSU5ONGE3OWJOdTlEQVRCVUJ4RzZVWk5wRHJwNllRTjB5VW5pRGlxaEFZX0JWNi1BSXhwXzRIV3Z3N2VPVnhLdGVRYWwxWXljV3hXX3JyVlo4TQ?oc=5) · Dignity Memorial
- 2020-09-14 [Donald Bock Obituary - Metairie, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMif0FVX3lxTFBvcWxaRmtSUmdxZHJPbFcxWE8yZjd6V1R5MkRUQ0hEWmNCTlZmVjNZX0pkb2pWWVFIcGU0Yy1iMlEwTkRpWktNR3FnUUNoeGRoSkluaEh3SlRtZG9uWFN2ZzF5RUZxZVRGdlI2U2lfZHlpelpkREVvUFJreVFwaHM?oc=5) · Dignity Memorial
- 2005-03-21 [Santo Brocato Obituary (2005) - New Orleans, LA - The Times-Picayune - legacy.com](https://news.google.com/rss/articles/CBMiiAFBVV95cUxNb0FSZVNpZmlPSlpHUExRMGhES1dTQWE0SGpKdC1YSWJUZzFUV24xeFN0cFBCb3NidGE1UEFUT1NKOFJIZUd2X0tfdG01V0RmcHdGNjkyV21TUnVnaWNQZE54d09OUXJTcVZTLVJnVGZUaVJ1WjlLX25nRFUwYkpTX3lIT2pQN29K?oc=5) · legacy.com
- 2020-07-02 [William Held Obituary - New Orleans, LA - Dignity Memorial](https://news.google.com/rss/articles/CBMihAFBVV95cUxNRUpiUDM1ZTFJRVEwNUJIdkRKQUhweXhZbDRuelAtUzRlWXMtckNoVWMyb1YyUHlsQ2RfZm9Wa0p6ZTlHQVhrTEpkSWRQV3hwb3VpYmEtS20yQ2dzQkpTdUFZYnNwdjZ3dk5hQ05VNVYtWkVKa3loZVVWRzNxcEZ3WjJmVU8?oc=5) · Dignity Memorial

## How to verify

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