# FIRST CLASS
ALLENTOWN, PA · NCUA charter 62 · asset band <$50M · latest filing 2022-12 · stopped filing after 2022-12 (departed; for a credit union that is almost always a merger)
Share link (named URL with a preview card): https://getbookiq.com/cu/first-class-62

Who the members are: federal charter, multiple common bond, organized 1934. 1,928 members of 10,000 potential (19.3% of the field); checking penetration 56% (share draft accounts per 100 members); loans per 100 members 35.

**Verdict on the desk:** this could be *ordinary*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $35.1M |
| Members | 1,928 (-8.8% YoY) |
| Full-time staff | 6 |
| Net worth | $5.1M |
| Net worth ratio | 14.6% (p64 of band) |
| ROA (annualized) | -0.02% (p26 of band) |
| Total delinquency | 1.02% (p65 of band) |
| Net charge-offs (annualized) | -0.01% (p15 of band) |
| Loans / shares | 74% (p76 of band) |
| Cash / assets | 8.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.67% (p52 of band) |
| Operating expense / assets | 3.33% (p59 of band) |
| Vehicles % of loans | 12% (p8 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p42 of band) |
| Vehicle delinquency | 3.60% (p92 of band) |
| Vehicle NCO | 0.00% (p27 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 84% |
| Credit cards % of loans | 2% |
| Unsecured % of loans | 4% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 100% |
| Certificates % of member funds | 0% |
| Average share balance | $8,766 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 35% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $32,999 |
| Loans granted, annualized | $8.9M |

## Flags firing in the latest filing

- **losing money** (`earn_negative`)
- **members leaving** (`shrink_members`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 0 |  |  |
| 2016-06 | 0 |  |  |
| 2016-09 | 0 |  |  |
| 2016-12 | 0 |  |  |
| 2017-03 | 3 | net worth falling, delinquency rising, members leaving |  |
| 2017-06 | 2 |  | delinquency rising |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 1 |  |  |
| 2018-03 | 2 | net worth falling |  |
| 2018-06 | 3 | delinquency rising |  |
| 2018-09 | 1 |  | members leaving, net worth falling |
| 2018-12 | 0 |  | delinquency rising |
| 2019-03 | 3 | net worth falling, delinquency rising, members leaving |  |
| 2019-06 | 2 | delinquency 2x band | net worth falling, members leaving |
| 2019-09 | 1 | members leaving | delinquency rising, delinquency 2x band |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | net worth falling |  |
| 2020-06 | 3 | delinquency 2x band |  |
| 2020-09 | 4 | margin squeeze |  |
| 2020-12 | 3 |  | delinquency 2x band |
| 2021-03 | 3 |  |  |
| 2021-06 | 2 | delinquency 2x band | net worth falling, margin squeeze |
| 2021-09 | 1 |  | delinquency 2x band |
| 2021-12 | 2 | assets shrinking |  |
| 2022-03 | 4 | delinquency 2x band, delinquency rising |  |
| 2022-06 | 3 |  | delinquency rising |
| 2022-09 | 4 | delinquency rising |  |
| 2022-12 | 2 | losing money | assets shrinking, delinquency 2x band, delinquency rising |

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

- 2026-09-09 [‘Not the Full Story’: Kid Rock Releases Statement on Controversial $5K Tickets to His Tour - TicketNews](https://news.google.com/rss/articles/CBMihgFBVV95cUxNZVlYMWhrZUl3SG5RR2h3MXFnNjRfRWthYk1FQkExTzBlUVJXaDExT2pPMW1RSFZhQ2VLMm92QmRlMEh3LV9pNWxyaTU4LUNGeU1NUWM4RTBlSUZ5X1BBTVVpcVNhdy1Ib2RsRU52OU8xd19kLV9kU2pvd0FhMlJ6UkxRQUREZw?oc=5) · TicketNews
- 2026-02-20 [Kid Rock charging $5,000 for ‘First Class’ concert tickets for his tour - MLive.com](https://news.google.com/rss/articles/CBMirwFBVV95cUxPT0c5Qk5BY1BuSlJGdjZlMGdHeWQyMTgtNnVrRV9PZHdGWXY5S01qb05FeVMtUjB5d2NrdE0zVGt2alpVaFJxWTNFNmR2cURnU0hHcEh1RDZpTjdxOC1IYy1zd1c2b1NMeU9PWVRrOUVqUk1UbkdDYXdjVjN5czdOa3JqWEdhSnpUSVZCTVI1amxMZDRRdENOX0RRUzlidms0cDJvNlp3VjY2QnRKRmtv?oc=5) · MLive.com
- 2026-03-17 [Claim your share of the $850,000 America First Credit Union wage-and-hour collective action settlement - Claim Depot](https://news.google.com/rss/articles/CBMiZEFVX3lxTE8wTUdYSklQSjZpSE9pRENxMmFHUDcxS0YtblhtdWlEb0I1bW9kNWU0NmpJdE1Zd3VnTmZMYmtUMDhxV1R4c3BNRVRNRVgxYXMwWXB6NkZVMlo1b05WTGZOR0F6enc?oc=5) · Claim Depot
- 2026-02-18 [Kid Rock Is Selling $5,000 "First Class Seats" to Upcoming "Freedom 250 Tour" - Consequence of Sound](https://news.google.com/rss/articles/CBMidEFVX3lxTFBnZ3l0VEpXTFloV0VlNVA0bHVMMy10Mm9Id0xoSVhtdm1UMUlxR2JobE45aEVCakI3TUEyNEhFTHB3U1NkclNkZV9QbnAyNUwxcDloNjhldFV3WTB6ajR3U3hnZzNocF9hanp6bnFVdmNVVk5P?oc=5) · Consequence of Sound
- 2026-02-23 [Kid Rock's $5K Front-Row Seats Are Struggling to Sell - Taste of Country](https://news.google.com/rss/articles/CBMie0FVX3lxTE5sdllfNXJzeC1QWG50V2UtTDlaYkhWOGtkZTNEX3Q4TDVYSXJsWGVhR2VqWG5KdlphaHRxa3gtOW9uTmJyNk5qSVRnLUU1b3hQUFAxdDR5UXdBZ1B4RWY2bm9zY2tLbFhkQXZSa3FWRHA4WkxVTExfQWp6VQ?oc=5) · Taste of Country
- 2023-06-20 [Forbes 2026 America's Best Credit Unions In Each State List - Forbes](https://news.google.com/rss/articles/CBMiaEFVX3lxTE9vRWJOaE5OZ1NrY3RJeUZnWS1yRXkwMUYzYllJMTN3VEQxTWtwNHJGdC1FejkwVF9UT045OWFhQ0NSWmtzTHBJeXZFSFdydTNuc2VyT3BjUGRLcmlWLWhaVHNJUVZMRHNt?oc=5) · Forbes
- 2023-01-03 [St. Mary’s Bank Inks Partnership with AKUVO to Automate Collections - Finovate](https://news.google.com/rss/articles/CBMikAFBVV95cUxNa1V4LV8talVGY2s2ZXNoNUozZjRTRXdRU2VWUmFYeVNpSk01QWo3UkUzMEZ5SWE1c0hlaFA2Zk1ZT1hkOGVGS2RKV0pBTll0eFR6dlVVQ00wNmU1U2R6NHFjaTZQV3hUU2VJRHBnYUVvRUtTQ01DWGxYNUNPV3ctbXl2aFpKMkc4WjVZSDlEVzc?oc=5) · Finovate
- 2026-02-19 [Kid Rock is listing $5,000 ‘First Class Seats’ for his ‘Freedom 250’ tour - nme.com](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQWG50QkdaYVlCQ1I1WHlUWDZZbW54dWQ1dWJtdlVUbmo3OUUtR0JYcjJVakg2TTBuQ3FpTEJUUEQ5MlJoTUpnN3JHQUx2am9JTk9DR1d5TWdVT0c1NTdaRUdERDlNYXZmWWMtSHI4OGo0Qm1QTWp1UmtsREljSGs1bkw3ZEVjLXk5NnQ3YlZncDZucGJhdFUwUHZMUUZPMmhKYU40ejFKTHg5Zw?oc=5) · nme.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=62 (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/62.json (key "62", 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=62
- 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