# FIRST CITY
Pasadena, CA · NCUA charter 68503 · asset band $500M-1B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-city-68503

Who the members are: state charter, organized 1937, minority depository institution. 57,810 members of 4,600,000 potential (1.3% of the field); checking penetration 66% (share draft accounts per 100 members); loans per 100 members 40.

**Verdict on the desk:** this could be *liquidity-rich*. Composite score 1 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $952.4M |
| Members | 57,810 (2.9% YoY) |
| Full-time staff | 118 |
| Net worth | $127.2M |
| Net worth ratio | 13.3% (p85 of band) |
| ROA (annualized) | 0.41% (p29 of band) |
| Total delinquency | 0.56% (p48 of band) |
| Net charge-offs (annualized) | 0.68% (p73 of band) |
| Loans / shares | 56% (p8 of band) |
| Cash / assets | 15.1% |
| Borrowings / assets | 4.20% |
| Net interest margin | 3.24% (p34 of band) |
| Operating expense / assets | 3.16% (p28 of band) |
| Vehicles % of loans | 27% (p46 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 24% |
| Third-party paper % of net worth | 28% (p30 of band) |
| Vehicle delinquency | 0.35% (p28 of band) |
| Vehicle NCO | 1.08% (p60 of band) |
| Repossessed % of vehicle book | 0.07% (p58 of band) |
| Real estate % of loans | 61% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 65% |
| Certificates % of member funds | 19% |
| Average share balance | $7,783 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $52.1M |
| Loans outstanding per 100 members | 40% |
| Loans granted per 100 members, annualized | 8% |
| Average loan balance | $19,994 |
| Loans granted, annualized | $153.5M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $52.1M outstanding purchased (41.0% of net worth), $0 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 1.3% year over year.

## Flags firing in the latest filing

- **net worth falling** (`cap_falling`)

## Warning timeline

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

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

- 2025-07-21 [First City Credit Union welcomes Los Angeles County executive and non-profit executive to board of directors - CUInsight](https://news.google.com/rss/articles/CBMi4wFBVV95cUxQaTNLc1JxMGk5aW13c0VSMTlVSEhsenp1LVNoRmN5SVQ2bHRIZlhLeXNZZ2lqNGdpZHJaMzMyOXgwcHZVN2JVZEZqSV9jZzN6bE8xVi1fd05QR3pubFA4Z0k1eWVxdFl1Y0t0cWZsVDh1UUpleGZiVHJvN0NFYW9weUdFdkhjZURQellBNEtJczZDcHpRbWxYd3QtWG5zSUM4RTRiOXBmTGItSWk0VDFDbnp6QXljdG5QMzRxNG1FcWhRMjVBaTJSUnA1MWFNLWVHam1veDR5Um1Jek9zdEk2cnQzaw?oc=5) · CUInsight
- 2025-12-18 [California - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxOTGxlNEF4aW9OOVBlYVYxTjRYMDRvUHFnM3RSZjR0MWpGYi1MbXZHdU5RREhWalRxUENSYlZyQUQ0M1haYThOaWRZSHl5LWVselpYOUpBWmNnOHdaWWJxTXdiczhfc0hOcjFKZ1A1amtUT2k5UU0wRWd6Wk41aEJGOF9MOFBJZE5BeU51XzVyck1PUQ?oc=5) · Newsweek Rankings
- 2022-06-01 [First City Credit Union appoints new President & CEO Nav Khanna - CUInsight](https://news.google.com/rss/articles/CBMipAFBVV95cUxPemw5WDg4VFJEeTJvMk9qcmRxbk4yNWxsSWJRR2cyR3pWNGlMLUMteEJIbGk5LVBVRklCV194Q29zdzRMZ0N6QV9aZ0JCTmUycldGck5NVlBYQkd6QVNFUkgydmFQMlVvNUkxM1NuYTY5MGVTdnRNOHcwZ3F6YVdacHN2akZWSV9LMl9lbkR5ZmV0VE9PbGg1QlFYOHdyWDJ2N1ZiRQ?oc=5) · CUInsight
- 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
- 2025-04-09 [America's Best Regional Banks and Credit Unions 2025 - California - Newsweek Rankings](https://news.google.com/rss/articles/CBMikgFBVV95cUxPbG82S28tWDRWcmVTSGtHM1A2ZDRvTjlrTUJGLUxudnBZSlZwNG5uSk12eFQ1M09ULTYtTFVaU3FJeFlEam53MHZqSDV5ZDRTUk9zRUJEVHBBbzVpRUxnV2s0VXFkc0lzZUxXS1A0YWZHaVMyNXE3Wm5RdG1qX2dBclE0cE5TaDZibmpuVkpiM3diUQ?oc=5) · Newsweek Rankings
- 2024-03-13 [First City Credit Union appoints Seun Aiyese as Chief Operating Officer - CUInsight](https://news.google.com/rss/articles/CBMisgFBVV95cUxNbVY5RDRGc3JvNWlzTzVkc0VRYnItc0JJOWJsYVJsb1ZJblo3d0lPRzdFbllieGcyUHZvS2EyTjNMMkprVlMyN3FzZmZPbDVnZ05XWnJuN1FOVXlnXzcxNmlrZ0JJWkd2eC1CN3ZBdVFNSHRYZnRlMVI4QVBGNGhDRHFuR1U3T2txLUdsXzUzb2p4WXBWS3oyQmxENjFucUNWNFhjZEp5WDZOaWk3d01MUHZR?oc=5) · CUInsight
- 2025-07-30 [First hawk release in California wildfire devastated natural area - CUInsight](https://news.google.com/rss/articles/CBMiqgFBVV95cUxQaUktYmozWVVFSUdXMXlnaW1tZnRkeUw3WGpxY0k2TmFoNVdHLUJydVM4VGZCOHJfckd5OG80UmNqZTFRQXJ2QlRzcFJSNmtNemlJZ0llaFRoejhvVzN4bUNPMThnNTRpUGZJc0pXNGtKVGREbWpQM3ZiNU83Qkk5UjZsdTJyMFdWcXB5dWIzbEZoOE8zTmZaZDNvT1h6YnZqMUhvWUQ4dEptZw?oc=5) · CUInsight
- 2022-03-16 [First City Credit Union donates $7,000 to Children’s Hospital Los Angeles - CUInsight](https://news.google.com/rss/articles/CBMisAFBVV95cUxNaXNiWW80UkhMdWdSM1I4b1JndFN2Uk5qcWFSWkJ1MkVYczAzcTN5cVJfX2FnMVUxeG12T3FWVkFGMlpRQktSV1RGOUZLcjRBSWZFcHFqVURFT3ZkZ0d2R0ZBSkZGdnRmUERldGtsV2t2RXJsNnRsYnBWcFFXcU5yYXhOOGl2UEFfbUhJVm5nSVRMM1NfZFFIdzItZUJsUktySXJpQngweGthYkpBQzAzdQ?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=68503 (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/23.json (key "68503", 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=68503
- 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