# COMMUNITY FIRST
Santa Rosa, CA · NCUA charter 61667 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/community-first-61667

Who the members are: state charter, organized 1959, low-income designated. 58,012 members of 1,031,441 potential (5.6% of the field); checking penetration 57% (share draft accounts per 100 members); loans per 100 members 47.

**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 | $922.1M |
| Members | 58,012 (-3.8% YoY) |
| Full-time staff | 165 |
| Net worth | $91.6M |
| Net worth ratio | 9.9% (p42 of band) |
| ROA (annualized) | 1.12% (p79 of band) |
| Total delinquency | 1.33% (p90 of band) |
| Net charge-offs (annualized) | 0.66% (p72 of band) |
| Loans / shares | 79% (p42 of band) |
| Cash / assets | 12.9% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.94% (p84 of band) |
| Operating expense / assets | 3.56% (p51 of band) |
| Vehicles % of loans | 37% (p66 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 85% |
| Third-party paper % of net worth | 233% (p80 of band) |
| Vehicle delinquency | 0.59% (p51 of band) |
| Vehicle NCO | 1.29% (p69 of band) |
| Repossessed % of vehicle book | 0.33% (p90 of band) |
| Real estate % of loans | 55% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 5% |
| Core shares % of member funds | 49% |
| Certificates % of member funds | 33% |
| Average share balance | $8,350 |
| Participations bought / yr | $125.4M |
| Participations sold / yr | $0 |
| Participations outstanding | $140.1M |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $23,576 |
| Loans granted, annualized | $209.5M |

## Participation posture (from the same filings)

Bought $125.4M and sold $0 in the latest annualized quarter; $140.1M outstanding purchased (152.9% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 13.9% year over year.

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **members leaving** (`shrink_members`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | thin capital, 3rd-party paper>100% NW, auto monoline |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 3 |  |  |
| 2017-06 | 4 | net worth falling |  |
| 2017-09 | 2 |  | thin capital, net worth falling |
| 2017-12 | 4 | thin capital, delinquency 2x band |  |
| 2018-03 | 4 | net worth falling | delinquency 2x band |
| 2018-06 | 4 | delinquency 2x band | net worth falling |
| 2018-09 | 4 |  |  |
| 2018-12 | 3 |  | thin capital |
| 2019-03 | 4 | thin capital |  |
| 2019-06 | 4 |  |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | thin capital |
| 2020-03 | 3 |  |  |
| 2020-06 | 6 | thin capital, net worth falling, margin squeeze |  |
| 2020-09 | 6 |  |  |
| 2020-12 | 4 |  | delinquency 2x band, net worth falling |
| 2021-03 | 5 | delinquency 2x band |  |
| 2021-06 | 4 | net worth falling | margin squeeze, delinquency 2x band |
| 2021-09 | 3 |  | net worth falling |
| 2021-12 | 3 |  |  |
| 2022-03 | 3 |  |  |
| 2022-06 | 3 |  |  |
| 2022-09 | 4 | delinquency rising |  |
| 2022-12 | 4 |  |  |
| 2023-03 | 4 | delinquency 2x band | delinquency rising |
| 2023-06 | 4 | delinquency rising | thin capital |
| 2023-09 | 4 |  |  |
| 2023-12 | 4 |  |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 4 |  |  |
| 2024-09 | 2 | repo signal | auto monoline, delinquency 2x band, delinquency rising |
| 2024-12 | 1 |  | repo signal |
| 2025-03 | 1 |  |  |
| 2025-06 | 2 | delinquency 2x band |  |
| 2025-09 | 3 | delinquency rising |  |
| 2025-12 | 4 | members leaving |  |
| 2026-03 | 4 |  |  |

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

- 2026-02-18 [How this Santa Rosa CEO is living up to his company’s name and motto - The Press Democrat](https://news.google.com/rss/articles/CBMinwFBVV95cUxQeDVSTXhlVHo5Smd6RG40VG4wdFViZDVtSURwazJDNXBnc3AxLXU0cFBHdTBoemlvbERxQWNNSk5jZFQxbEZGVGdfYzBOdEFxTW44cVNOSy1mbG4zbHFleGxlYVBaUmgySkY2QzlTMWdhV2lteHExYWRkb2NjUHVOZ0tYbDdjNmlpOHduMUVCVTVRRnRudWc5SHFaaDdBa3c?oc=5) · The Press Democrat
- 2022-10-18 [Community First Credit Union Welcomes New Chief Financial Officer - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQM2U2ME9sS0tRX1F3SS12YWFPc1JSWC11U251ZHRDMTJnSDJSaXNuNmJ4aDhaZ1dNRDV5SmRYNnc2ejg0ODY0amVMQWVidFVwcmxiQWJLMHJ4djhleXRYcG1qU3owNWRGc3VHRzlNelhEQmptZlZGb2c0Skh0YWk0ME9VcVNjYkhmSVRraHdjVV9LUUFGanBPT3hKckdEdzBwMi00N0Zic2Q2dw?oc=5) · CUInsight
- 2022-03-16 [Community First Credit Union announces new President / Chief Executive Officer - CUInsight](https://news.google.com/rss/articles/CBMiuAFBVV95cUxNb2ljNS0zMERXV281NFlQckRsOHZEbk5kLUFCWGZmaEp1Q2xXWVhCenFXQm83SnlNb2NPVnM1c2ZDc1pIQTYyVC1Sd0c5Y1NMblZoaURScWNmazlkSG5Baml6T2NrbFRGUEtrQnA1blc2aUQ3azM5SEZwSldLV1paajVGLWd6ekd6SmdJUUNjMk1JZUZjNlRmUEZ1RlpkT3g1UzY0V212akxmM2JLZjVMVVJtUUcwNnYw?oc=5) · CUInsight
- 2019-10-07 [Patelco Credit Union puts community first - The Milpitas Beat](https://news.google.com/rss/articles/CBMidkFVX3lxTFBMZFlsMmZmdzVQZ0M4dkJ1OVFDWnNIVFJhRnZSWEpVZ1M5U2NFcmRCMW1DRVB4SHNJeXhtWjZhMmdzZXdXSWNuaU9ueE50MzNCUmxES2dDcmdRZHBIa2kwdGxGcDBxeGVyMVpNQ1h3dzB2alk5Tmc?oc=5) · The Milpitas Beat
- 2024-10-28 [Edgewood Bakery sells for $1.7 million. What we know about the new owners and their plans - The Florida Times-Union](https://news.google.com/rss/articles/CBMi5wFBVV95cUxNSzBxMGJXbjdaQzBfb1VTRENlT1FnTHRZaTJCQkRhUk1rR0ZRaE5pendfWjcwQTRCRTlxa1RBQjRNSjRXZ2VmOXpubS1FRjdjY180cE04Q2RhSXVWeVlRMGRFOHZfMWppTWFKVjFMV0lDeVc0d0xWUHo2UnFnTnFUMFo2R0diQlVOVHgwRlhVV0xyQ01Kc1BHT08tMDBsZUxKVnhmMU9CbDQ3ZThFT3cxY1VXa2YyWGt2NTB6RWZMUUc3WHBTQXh1dkFVWEJaY2E1aWstZUVTS0p5WnZaQ1JyZ3dSZ2J2Zmc?oc=5) · The Florida Times-Union
- 2025-10-06 [2025 CU Times Luminaries Finalists: Rising Star – Credit Union - CUTimes](https://news.google.com/rss/articles/CBMinAFBVV95cUxPRWhHQzQ4NE1LNGt5bWhMVXhTcGNhcTQtR2lSRk94RFhvT01vRWlkSXd2UUtoQjc3eTBuWHpBaUd0bGZyTE83TTR0YjI4MjkwckF4R0VzSmNWdm84d1kybGNuYVJrUHVJdzRyNlVwSFp0YmdBeGowUE8zYmF1Wk1vQUlKZGVlWG8zbTRCb0I5c3VaQUstM0EwcmhQWXk?oc=5) · CUTimes
- 2021-03-20 [Santa Rosa credit union CEO to retire after working for the “good guys” in the financial sector - The Press Democrat](https://news.google.com/rss/articles/CBMivgFBVV95cUxNV0xEb1hDaU9OTlFPZi1GZmpsUEdKajdmQ1ctOHdKSDBrR0ozdjVqVGZNVHdvbGpaXzU0RWVsYUM0NUx2YlR4ZVUtY0ZEOUJzamxiSHFpWnlwYUpESTFBWVBkVFpHUWk3bjBQenh4dm05MG92dU1DWnpnYVhpSkg3bGtlcVJrblEwWlBIYkgtV05VXzFZaHplMHVfclp2eDUxd0RIdUN3akg0Rmh4RXZHRUlTTzhaWWhxalkzX0Jn?oc=5) · The Press Democrat
- 2015-08-27 [Looking back: 1993 Community First Credit Union Marathon - The Post-Crescent](https://news.google.com/rss/articles/CBMixwFBVV95cUxQdUVBNXhwMEh3VVpNT19DSkN0T0FjbU5QX0hjU21wRjdLcEhsc2Z0X1RQN2ItMzV6aUE1SlhMUEQxVDVZRTZYSExxdGVVWHNLRHN6aFhLUFc2RGUzaDRYVDJzaUJRX1YzMEhjN2xHTmFKRVdZcVBzbUItZ292eVRfSEowRUhSQ1JiSTUzVGJNNTJSVjZZWWtzWkxtaW1Qa2VlNG96eVlyaUcwVldOa25fQS1EMjlRYWtUd1NlaEQ5cmduay1CNzZ3?oc=5) · The Post-Crescent

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61667 (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/35.json (key "61667", 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=61667
- 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