# 1ST ADVANTAGE
Newport News, VA · NCUA charter 7448 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/1st-advantage-7448

Who the members are: federal charter, community charter, organized 1951, low-income designated. 71,346 members of 2,310,586 potential (3.1% of the field); checking penetration 69% (share draft accounts per 100 members); loans per 100 members 60.

**Verdict on the desk:** this could be *ordinary*. Composite score 0 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $1.08B |
| Members | 71,346 (0.1% YoY) |
| Full-time staff | 220 |
| Net worth | $176.2M |
| Net worth ratio | 16.3% (p96 of band) |
| ROA (annualized) | 1.68% (p96 of band) |
| Total delinquency | 0.44% (p32 of band) |
| Net charge-offs (annualized) | 0.42% (p38 of band) |
| Loans / shares | 86% (p48 of band) |
| Cash / assets | 11.7% |
| Borrowings / assets | 0.00% |
| Net interest margin | 4.46% (p96 of band) |
| Operating expense / assets | 3.59% (p70 of band) |
| Vehicles % of loans | 31% (p62 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 55% |
| Third-party paper % of net worth | 75% (p33 of band) |
| Vehicle delinquency | 0.71% (p60 of band) |
| Vehicle NCO | 0.74% (p34 of band) |
| Repossessed % of vehicle book | 0.09% (p56 of band) |
| Real estate % of loans | 43% |
| Credit cards % of loans | 4% |
| Unsecured % of loans | 7% |
| Commercial % of net worth | 75% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 23% |
| Average share balance | $6,331 |
| Participations bought / yr | $782,596 |
| Participations sold / yr | $26.5M |
| Participations outstanding | $69.7M |
| Loans outstanding per 100 members | 60% |
| Loans granted per 100 members, annualized | 66% |
| Average loan balance | $17,918 |
| Loans granted, annualized | $570.6M |

## Participation posture (from the same filings)

Bought $782,596 and sold $26.5M in the latest annualized quarter; $69.7M outstanding purchased (39.5% of net worth), $31.8M sold and retained. Sold in 8 and bought in 8 of the last 8 quarters. Shares 3.6% year over year.

## Flags firing in the latest filing

- none

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | charge-offs p90, 3rd-party paper>100% NW |  |
| 2016-06 | 3 | delinquency 2x band |  |
| 2016-09 | 3 | loans>95% of shares | delinquency 2x band |
| 2016-12 | 3 | delinquency 2x band | charge-offs p90 |
| 2017-03 | 4 | net worth falling, expense trap | loans>95% of shares |
| 2017-06 | 4 | loans>95% of shares | net worth falling |
| 2017-09 | 4 |  |  |
| 2017-12 | 4 |  |  |
| 2018-03 | 2 |  | expense trap, loans>95% of shares |
| 2018-06 | 1 |  | delinquency 2x band |
| 2018-09 | 2 | loans>95% of shares |  |
| 2018-12 | 2 |  |  |
| 2019-03 | 2 |  |  |
| 2019-06 | 1 |  | loans>95% of shares |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 3 | margin squeeze, members leaving |  |
| 2020-06 | 4 | net worth falling |  |
| 2020-09 | 4 |  |  |
| 2020-12 | 3 |  | members leaving |
| 2021-03 | 3 |  |  |
| 2021-06 | 1 |  | margin squeeze, net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 2 | delinquency 2x band |  |
| 2022-03 | 2 |  |  |
| 2022-06 | 1 |  | delinquency 2x band |
| 2022-09 | 1 |  |  |
| 2022-12 | 1 |  |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 |  |  |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 |  |  |
| 2024-03 | 1 |  |  |
| 2024-06 | 1 |  |  |
| 2024-09 | 1 |  |  |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 0 |  | 3rd-party paper>100% NW |
| 2025-09 | 0 |  |  |
| 2025-12 | 0 |  |  |
| 2026-03 | 0 |  |  |

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

- 2026-03-26 [1st Advantage to build New York County location - CUInsight](https://news.google.com/rss/articles/CBMikgFBVV95cUxOWkhQWEpkMlZWcHJzbGZHTUFJWUJlaWxUUzNOSWk4bjNqUS0tY3ZNVlh2NmJqQ1BmUHJ2R2o0VjQtZ0ttQnFPbWNTRlktSHB5RGppbkhhalkxMnlRMnN0dHRmblJTSFRwUWd6d092bnpBMUFGZzdVMmh4LUcyVmhvYjVQOXVQZFFSUjVVZThSMy1WUQ?oc=5) · CUInsight
- 2025-03-28 [Fourth Circuit Holds UCC Article 4A Requires Beneficiary Bank’s Actual Knowledge for Wire Misdescription Liability in Business Email Compromise Scam Case - Consumer Financial Services Law Monitor](https://news.google.com/rss/articles/CBMiuAJBVV95cUxOR2R4SDV0REQ4eElxcU1YSUp3bkw0aFNJekY5a1Q5VHg1UURCSlM4WEhMOWF3cVgxSU9tUTJXeG5kMkJjcmpuYmZYXzQzS0lsUDRYYTZiZW85aVpxcTdfRk5FbGlsQjJLMG16UVZkMVUxZk82c0hfMXNnRWttanItU3ZvaG1RNzVpaFU0YkpqeUtpWmNVeVdWMXlGd2NCLW9pX24tQnpFM3ZpSENEQTRULUJwOFFwRHdfcGlWS3ZwNDdZLTRRU3J5aUd3RFVSMHJ6UVpNbkpabWw4RGlqd2tua3p1WFNRVDJoN3FJeWlnTFVIYlBXeXo5N1c4VjEzek1ucHFwRG40V2ZjbmU2elZoUERJUFg2NDJoZVF1eGt4cFg4WjVNWUtYMGRveUI3MjRFcU16NVJQNDU?oc=5) · Consumer Financial Services Law Monitor
- 2017-03-20 [Newport News police investigating credit union robbery - 13newsnow.com](https://news.google.com/rss/articles/CBMizgFBVV95cUxOcXo5VzBFWjhtZzR6M0JGaldnRm5Cbm93YUNiVlRKM2Y4Nk5OR3BjSmVXZ1B3X25nSi1Ocnk0SGU5bld4VXpvUFljTlhMSW9hcU0xZ2tqVDlmZVFKWjVKYkpyZ01tUDhRSzZKNXRhU3hXWURzaks1dzRmSmlpTGpjRlRVNXVWYjZJZFVxMUxKTEoxSXlXdTBNQjU4SG5YQjJJMl92dzVwLWdXd2hUTF9HQ25LN0Jmdnp1S0xiNG43eDZ1OVE3UWlVeTJFb3otUQ?oc=5) · 13newsnow.com
- 2023-12-26 [A Look at FedNow Liability Allocation and a 4th Circuit Toss-Up - Davis Wright Tremaine](https://news.google.com/rss/articles/CBMirwFBVV95cUxNeHR4RTNlTkRrcU11dDhQVWNNaHZlVFp0WVRTbXF2UVQwSnJEUGVDWHJDLXN4SndBbk85Uk1VaEpjTmNQVHF1TVRNZWRYblB2RU9HVElqQ1dwaXpBTUtfUUVMNjNDekJDTDI0SmZybm96ZjVOQnJIcDNfbTR5M0ZmWWJ1bHlpTndJb2k4Qko3ZkZiaEE2MG9RQjR0TTZOeC1WZmdLTkUtd1lSWGVfM1Zn?oc=5) · Davis Wright Tremaine
- 2017-01-03 [Woman arrested for Newport News bank robberies - WTKR](https://news.google.com/rss/articles/CBMihAFBVV95cUxOdUZwV00ySmdEUnpoY2dTcEtwREc3V2VPaEo5YXk1dXlPU1dHeEp1bDlLU2ZIZ29GbTl2YXB0ZlF6dVAwYi1KUXB0OXczSnM1eDdPMlZQS2gtWEJ2TkxKb2pPRjJ1cXhXdkc4QjZ1VmVNWVBIS1gzS2F1Nk4wSmFTN2lsSEw?oc=5) · WTKR
- 2026-01-18 [Bernard Stanley Clarke - J.T. Morriss & Son Funeral Home](https://news.google.com/rss/articles/CBMiYEFVX3lxTFBNaWtwYW9jQ2xHWHp3cHl1eHNibGV4ZDZTX2YxOEJMUlV2bFNCTFBieDhSbW4yMVpMRlpaNnZJTTg0YlY4cHI2UG9MS2lXaFE1RnpSRUVRek9PanFKN3N1SA?oc=5) · J.T. Morriss & Son Funeral Home
- 2024-07-28 [Frederick Blough Obituary - Williamsburg, VA - Dignity Memorial](https://news.google.com/rss/articles/CBMijAFBVV95cUxOYzdGeU15TGd0R01GMGl0dzlpTmozZUdKdHRtbUdZOXp4amtaN243aWh3cGY0ck51aXFHaV9Ib24zWWJXazV4SVpKX2Jwd0I0WGN0Ti1pckZORWVDWHR3cmhlTjZrLWJXVFk3ajNqcjdWS0MwM2JkS2dQZ0RVdWlOOEJzb25hTDlLNFdkUg?oc=5) · Dignity Memorial
- 2016-12-13 [Hampton credit union robbery suspects arrested - 13newsnow.com](https://news.google.com/rss/articles/CBMiqAFBVV95cUxOUWJacFl5b0tFMUdtZWF5T2c0cHVHbXUxYjJqV2F4SE9IUk9EOWVXSS1HbkM1ckdCUWNVUkdlRzBOZ1FxemdXZkxxWDkwNXFYQVZja2RYUndBMXNoU09vbk5XeVZpaXpoMWFvWXFJM0ZrMjNKTVZiczZtNUZaMm9jZnllcG1hN3VLQlozVUtGVmNVSV9tRUJGLXFEQVZOREpxSHdWbVBHb04?oc=5) · 13newsnow.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=7448 (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/24.json (key "7448", 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=7448
- 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