# 1ST STREET
SARASOTA, FL · NCUA charter 67309 · asset band <$50M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/1st-street-67309

Who the members are: state charter, organized 1951, low-income designated. 1,822 members of 16,000 potential (11.4% of the field); checking penetration 71% (share draft accounts per 100 members); loans per 100 members 5871.

**Verdict on the desk:** this could be *participation buyer*. 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 | $33.8M |
| Members | 1,822 (-3.3% YoY) |
| Full-time staff | 5 |
| Net worth | $5.0M |
| Net worth ratio | 14.7% (p49 of band) |
| ROA (annualized) | 0.62% (p52 of band) |
| Total delinquency | 0.12% (p27 of band) |
| Net charge-offs (annualized) | 0.11% (p59 of band) |
| Loans / shares | 43% (p29 of band) |
| Cash / assets | 30.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.19% (p24 of band) |
| Operating expense / assets | 3.25% (p39 of band) |
| Vehicles % of loans | 58% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 61% (p95 of band) |
| Vehicle delinquency | 0.19% (p40 of band) |
| Vehicle NCO | 0.51% (p81 of band) |
| Repossessed % of vehicle book | 0.00% (p46 of band) |
| Real estate % of loans | 28% |
| Credit cards % of loans | 6% |
| Unsecured % of loans | 10% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 73% |
| Certificates % of member funds | 10% |
| Average share balance | $6,952 |
| Participations bought / yr | $1.8M |
| Participations sold / yr | $0 |
| Participations outstanding | $3.0M |
| Loans outstanding per 100 members | 5871% |
| Loans granted per 100 members, annualized | 2447% |
| Average loan balance | $116 |
| Loans granted, annualized | $3.7M |

## Participation posture (from the same filings)

Bought $1.8M and sold $0 in the latest annualized quarter; $3.0M outstanding purchased (60.5% of net worth), $0 sold and retained. Sold in 0 and bought in 8 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

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

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | losing money |  |
| 2016-06 | 1 | repo signal | losing money |
| 2016-09 | 0 |  | repo signal |
| 2016-12 | 1 | net worth falling |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | loan book shrinking |  |
| 2017-09 | 1 |  | net worth falling |
| 2017-12 | 0 |  | loan book shrinking |
| 2018-03 | 0 |  |  |
| 2018-06 | 1 | delinquency rising |  |
| 2018-09 | 0 |  | delinquency rising |
| 2018-12 | 2 | delinquency rising, assets shrinking |  |
| 2019-03 | 1 |  | assets shrinking |
| 2019-06 | 0 |  | delinquency rising |
| 2019-09 | 0 |  |  |
| 2019-12 | 1 | net worth falling |  |
| 2020-03 | 2 | repo signal |  |
| 2020-06 | 5 | margin squeeze, delinquency 2x band, delinquency rising |  |
| 2020-09 | 3 | losing money | repo signal, delinquency 2x band, delinquency rising |
| 2020-12 | 3 |  |  |
| 2021-03 | 4 | members leaving |  |
| 2021-06 | 4 |  |  |
| 2021-09 | 4 |  |  |
| 2021-12 | 2 |  | net worth falling, losing money |
| 2022-03 | 3 | thin capital, delinquency rising | margin squeeze |
| 2022-06 | 3 | auto monoline | thin capital |
| 2022-09 | 3 |  |  |
| 2022-12 | 4 | assets shrinking |  |
| 2023-03 | 3 |  | delinquency rising |
| 2023-06 | 3 |  |  |
| 2023-09 | 2 |  | auto monoline |
| 2023-12 | 4 | delinquency 2x band, delinquency rising |  |
| 2024-03 | 4 |  |  |
| 2024-06 | 3 |  | delinquency 2x band |
| 2024-09 | 2 |  | members leaving |
| 2024-12 | 1 |  | delinquency rising |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 0 |  | assets shrinking |
| 2026-03 | 2 | net worth falling, members leaving |  |

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

- 2026-08-06 [Paused 'generational' city projects subject to commission review - Your Observer](https://news.google.com/rss/articles/CBMihAFBVV95cUxPZlZabFNxVjFSSlg3MWRFbnI4R0t5aTZzN3VTcm9yaElIN3lSNXhPSTd4amxUWnVUS0lYWWlLN05vcHhVNTN1a1lyWE42cGNlMEdwdWRET3UyWG9Kc0c3N3E5UVFqQTVnZ2xieU92R1dNQWhhbnhHSkdYeG5qZkR3N0p4Vk0?oc=5) · Your Observer
- 2026-05-11 [Obituary, Visitation & Funeral Information | Georgia "Pete" Melba Pechilis Vickers - williamsthomasfuneralhome.com](https://news.google.com/rss/articles/CBMiigFBVV95cUxNRExHcWJJMDZjVmRmVk9vM1dQS0t6UzFqWG5ndUVjTE55a2NiT1JEOVpaUnNxeHdkODk2NWw0Y0Ryb3hCMy1aMzNSc0RGLXd2dFNyZVVxVDZTNGhuenJJQ3BwaTE5U1R0Q2V1a0g4MmRZZlpESHRYZGp3dzlUbVhGN2ZKdGlQUjZ2Rmc?oc=5) · williamsthomasfuneralhome.com
- 2026-02-06 [A bold affordable housing plan sputtered. Now Sarasota is trying again - Suncoast Searchlight](https://news.google.com/rss/articles/CBMihAFBVV95cUxPYVJQQng1UEtGN1pYOE5ZVGE2RFZ5Z3FTWGZ6ZUFqdjhoWElQcEI2WldoSEdPdVUwYTJIVUplMnJKQ2tqTzZNM2wyOGlsdHZ2dEZ4b3VLOHRUdkMxeklrZ1c2WkxZMEFCQ2gxbUZWZWgyNXdWVmRxbk52bzduaU9KcF9JTVg?oc=5) · Suncoast Searchlight
- 2026-02-11 [Steven Everett Scott Obituary (2026) - Morton, TX - Ellis Funeral Home - Morton - legacy.com](https://news.google.com/rss/articles/CBMigAFBVV95cUxNMEtrSE83Zmt5eWpjMW5oSnhpYkJ3N3hvWXNDeXFGTUh5SGpBTzRXcjJPMWxXMEdybGNQSXlxSXRDZWRhNzhJOTM0ZlRGaVF3U3NKWEtZQkh5aGxhamxELXNndm83cXkzaXdQeHhITDhubERaNmUtYnZVcl9NNHliYQ?oc=5) · legacy.com
- 2020-08-26 [Lois Kitsch to retire from National Credit Union Foundation - American Banker](https://news.google.com/rss/articles/CBMirAFBVV95cUxQTnJRQThnTzhhV0FSYjdpM1E1SmRfMEFINnZsQ2twYkVuZ1huS2F3TWFsZ0p1THBhZERzZTJBalVQSkhmcHdpTlZBdGlxNDgwb25KQ3lTZUF1TG40RUlITmJJaVJlbGR6SGNZcFpyVDlZckh5TlVjTnZtYm93ZkRjWEFxNUMyUEktdnJ1d00xdTE2NU8wWHVXd3FLUHlWMndqamNmb2NoaVFJblda?oc=5) · American Banker
- 2021-06-01 [Daphne Sumpter Bond Obituary Jun 1, 2021 - Campbell-Ennis-Klotzbach Funeral Home - Klotzbach Funeral Homes](https://news.google.com/rss/articles/CBMid0FVX3lxTE4zd1hISXM4b05kZjBZTHZtdHIxUWdzS1h6ZzJyU3lTZGtRb0lndVVHYzFpNFQzc1BOYXg2M0lfZUViRkxOOUtwaldDWEpINjVHWkFYdzZ3cWxHUFY5R0laeDI2SU9UYkdlZmFhZ1hnbW1FNUdYeDdv?oc=5) · Klotzbach Funeral Homes
- 2023-12-14 [Vincent (Jim) A. Coviello Obituary Nov 6, 2015 - ballarddurand.com](https://news.google.com/rss/articles/CBMia0FVX3lxTFBCcUJBVDNSSERBWFFMSHRmaTRTeE1XZnJVRnM2MGh3c0RlZllpa3VkOF9FWExRbTF2dF9nWFVJWHhIVktyaXNnYWY1MXY3QUVtakFOUUdubnRZVXp0OW5hdmxQbVVoSlZHblZn?oc=5) · ballarddurand.com
- 2023-04-05 [OneBlood, Action News Jax team up for the Spring into Action Blood Drive - Action News Jax](https://news.google.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?oc=5) · Action News Jax

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=67309 (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/45.json (key "67309", 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=67309
- 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