# FIRST ATLANTIC
EATONTOWN, NJ · NCUA charter 82 · asset band $200-500M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/first-atlantic-82

Who the members are: federal charter, community charter, organized 1935. 20,017 members of 2,208,116 potential (0.9% of the field); checking penetration 63% (share draft accounts per 100 members); loans per 100 members 45.

**Verdict on the desk:** this could be *ordinary*. Composite score 3 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $331.8M |
| Members | 20,017 (-15.3% YoY) |
| Full-time staff | 40 |
| Net worth | $44.3M |
| Net worth ratio | 13.4% (p76 of band) |
| ROA (annualized) | 1.61% (p93 of band) |
| Total delinquency | 0.98% (p78 of band) |
| Net charge-offs (annualized) | 0.26% (p37 of band) |
| Loans / shares | 70% (p42 of band) |
| Cash / assets | 20.8% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.55% (p50 of band) |
| Operating expense / assets | 2.49% (p12 of band) |
| Vehicles % of loans | 28% (p41 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 69% |
| Third-party paper % of net worth | 85% (p52 of band) |
| Vehicle delinquency | 0.78% (p64 of band) |
| Vehicle NCO | 0.95% (p67 of band) |
| Repossessed % of vehicle book | 0.51% (p95 of band) |
| Real estate % of loans | 60% |
| Credit cards % of loans | 1% |
| Unsecured % of loans | 2% |
| Commercial % of net worth | 42% |
| Core shares % of member funds | 61% |
| Certificates % of member funds | 11% |
| Average share balance | $7,884 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $1.3M |
| Loans outstanding per 100 members | 45% |
| Loans granted per 100 members, annualized | 4% |
| Average loan balance | $21,786 |
| Loans granted, annualized | $43.2M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $1.3M outstanding purchased (2.9% of net worth), $103,492 sold and retained. Sold in 0 and bought in 0 of the last 8 quarters. Shares 8.0% year over year.

## Flags firing in the latest filing

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

## Warning timeline

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

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

- 2020-10-23 [First Atlantic names new CEO as longtime chief retires | Credit Union Journal - americanbanker.com](https://news.google.com/rss/articles/CBMipgFBVV95cUxNM2RBWGxzTXRDemd4QWZ5Y0pCWWFlUjRvRVRIRWYxcUdaZ2FaZDAxZkRkSWtJanF3SWUtMUJCLTFrZnY4eHFCZVo2elJWM2NFZ3RtWlByNWhuXzRyOGhQcll4TVIyZ2dHT2N3aTl5MzVvNnRLT2wtYVc5VHNIRGdUSld3MElfMi1mTXZORmxYdHc3am95MmlWV2oyTUVFbUEtT1ZpMVJn?oc=5) · americanbanker.com
- 2008-12-03 [First Atlantic Branches Feature Video Tellers, Teller ‘Pods’ - The Financial Brand](https://news.google.com/rss/articles/CBMimAFBVV95cUxQNlhFT2xycmtqZGM2bmluUndSZ1BMUEtFUVNKRUtvVzVkbzZVOEdxeWpXUW5wX0h2V21fdkZ2YjhuRkZBOEhQWVpvNzVOZnphS003ZVFSVTZXSUVVYjhhcndnOVZ2Ty1FUkpQUU5EZGFmVHl6bFYtZ2JWZmVTSnlaTUZZTVp2Si0wN3VPblBiUkg3Q1B1blphTA?oc=5) · The Financial Brand
- 2025-06-28 [Fort Monmouth's legacy — and its new chapter — captured in mural - themonmouthjournalcentral.com](https://news.google.com/rss/articles/CBMisAFBVV95cUxOdFBzUXd6cVZtRGZ3Y3VOSXpDNjhCeThWdy1fdWJiM0NnLWh3WkotQ2hMaUE5ZTRZbE9TUkk2eUh4V3BnQWhMVFMxV0JLRTExWEVUOEljYTZ5dldCTVNienE2T3BsYjNBUWdHUnRGdzlFN2NMMElpUjV1RTJseGE3cHJzc2g5WVhjREpPb2hfbElpZU9qX3NlamNaMzFySVlkbk9JMHhjU3ZCZk45eFlQUA?oc=5) · themonmouthjournalcentral.com
- 2016-08-13 [List of banks that support Apple Pay in the United States - 9to5Mac](https://news.google.com/rss/articles/CBMie0FVX3lxTE15UkVmX3k3aURqZXBKcFZCVTJuMEEzWTlLUEpQRDdTR25DQ2lPVXZGeEYycEVZcXl5RThsdlg3aUV6WHZFdWIzWDBUR2ZsT2FUcG1JWU5mbzJ3bVRUT0NjaEFFQXJaV0o1RklzdW03bzN2MXJoV3B1aFhEWQ?oc=5) · 9to5Mac
- 2024-10-17 [Local Obituaries, Mary Jane Celli Passes Away - The Link News](https://news.google.com/rss/articles/CBMihwFBVV95cUxQYnRjUzM0aVZKOEphSm02N0Jfa1pJaFQtMGM2emJjV19kVWh0cWdZRF9tWkhEVE9kUHhDQ3N2d0l4OFpLSkZlbGFBTmQyUWVrbm9fNmJKODIxUU1KSTZ1S08xQ0h2blBpUmEyYnpicUs2c3Q4VEJoelY2eGFNdE9nZ2NtMlZoSnc?oc=5) · The Link News
- 2025-02-19 [Google Wallet now alerts you to loyalty card benefits you’re missing out on - ZDNET](https://news.google.com/rss/articles/CBMiqAFBVV95cUxQbjVnMjBhTzFHN1dfSEZEa1FFQjM2VkFscjNONjRlc2NsR0w4M3diV0JzN05BbGhYSkowbUZIOTVzbEFqOHRDUWJmbElZYVpDUVBxdW5YalpidVJ6ZkktSUtrTGVlR3JnQkI0ZDNyNkJXTTQ1RDJpOTB1OEZNTmNKSkM5cXNMQUd3X0lJVy1SVmJoMkF2SzZZTHlVeGYyTnRlN29zQ3FXdjk?oc=5) · ZDNET
- 2024-01-17 [Nancy C. Coakley Obituary (2024) - Red Bank, NJ - Thompson Memorial Home - Red Bank - legacy.com](https://news.google.com/rss/articles/CBMiggFBVV95cUxOZFFMSmRqLXV0ZGpvRmZ3N2lFeS1EcjNkektxWXN3c0kyMnJtNUNIS2dJV0pGRVlSNXl0SkJoQ2tuZ3dqM1EwT3lrYVMya3A4WW92SEphcHh4ZlE2LVpuR2FMUGJ1aUhYVFdFSEMzU2pUTnZhOUJjbjVNaS1Qc1hvNURn?oc=5) · legacy.com
- 2022-10-18 [Darrell Bozarth Obituary (2022) - Summit, NJ - Bradley-Braviak Funeral Home - Whippany - legacy.com](https://news.google.com/rss/articles/CBMihAFBVV95cUxNOWdIdEROYWxkMGV1T2NuZTU2RFlLU2hPQjRUNERyUXVmb1JnR011dTlQRm9zWVJhLUFMZjJhcEIycTRuc1dJUWZqajJQa2YyXzFfMnJKQWc2ZDh6YUhaYWZrd1R0dldXRUdObm1RS0JCYmlPVy1TVzVDbzZRVEpJQ2hpZ3A?oc=5) · legacy.com

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=82 (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/18.json (key "82", 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=82
- 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