# FIRST COAST
JACKSONVILLE, FL · NCUA charter 831 · 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-coast-831

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 1,445 members of 264,000 potential (0.6% of the field); checking penetration 41% (share draft accounts per 100 members); loans per 100 members 47.

**Verdict on the desk:** this could be *stressed*. Composite score 6 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $10.3M |
| Members | 1,445 (-16.2% YoY) |
| Full-time staff | 1 |
| Net worth | $1.3M |
| Net worth ratio | 12.7% (p52 of band) |
| ROA (annualized) | 1.15% (p92 of band) |
| Total delinquency | 1.50% (p75 of band) |
| Net charge-offs (annualized) | 0.77% (p88 of band) |
| Loans / shares | 48% (p42 of band) |
| Cash / assets | 54.1% |
| Borrowings / assets | 0.00% |
| Net interest margin | 3.19% (p71 of band) |
| Operating expense / assets | 3.58% (p67 of band) |
| Vehicles % of loans | 74% (p76 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p42 of band) |
| Vehicle delinquency | 1.67% (p79 of band) |
| Vehicle NCO | 0.42% (p83 of band) |
| Repossessed % of vehicle book | 0.00% (p47 of band) |
| Real estate % of loans | 0% |
| Credit cards % of loans | 10% |
| Unsecured % of loans | 18% |
| Commercial % of net worth | 0% |
| Core shares % of member funds | 90% |
| Certificates % of member funds | 7% |
| Average share balance | $3,979 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | – |
| Loans outstanding per 100 members | 47% |
| Loans granted per 100 members, annualized | 7% |
| Average loan balance | $6,472 |
| Loans granted, annualized | $1.4M |

## Flags firing in the latest filing

- **delinquency 2x band** (`aq_dq_high`)
- **delinquency rising** (`aq_dq_rising`)
- **assets shrinking** (`shrink_assets`)
- **members leaving** (`shrink_members`)
- **loan book shrinking** (`shrink_loans`)
- **auto monoline** (`str_vehicle`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 1 | auto monoline |  |
| 2016-06 | 1 |  |  |
| 2016-09 | 2 | expense trap |  |
| 2016-12 | 2 |  |  |
| 2017-03 | 1 |  | expense trap |
| 2017-06 | 2 | net worth falling |  |
| 2017-09 | 2 | expense trap | net worth falling |
| 2017-12 | 2 |  |  |
| 2018-03 | 1 |  | expense trap |
| 2018-06 | 2 | net worth falling |  |
| 2018-09 | 2 | expense trap | net worth falling |
| 2018-12 | 2 | delinquency rising | expense trap |
| 2019-03 | 2 |  |  |
| 2019-06 | 4 | expense trap, assets shrinking |  |
| 2019-09 | 4 |  |  |
| 2019-12 | 3 |  | delinquency rising |
| 2020-03 | 4 | losing money |  |
| 2020-06 | 5 | net worth falling, margin squeeze | assets shrinking |
| 2020-09 | 7 | delinquency 2x band, delinquency rising |  |
| 2020-12 | 6 | repo signal | delinquency 2x band, delinquency rising |
| 2021-03 | 5 |  | repo signal |
| 2021-06 | 5 |  |  |
| 2021-09 | 6 | members leaving |  |
| 2021-12 | 4 |  | margin squeeze, members leaving |
| 2022-03 | 7 | margin squeeze, delinquency 2x band, delinquency rising, charge-offs p90 | expense trap |
| 2022-06 | 5 | repo signal, loan book shrinking | losing money, net worth falling, margin squeeze, charge-offs p90 |
| 2022-09 | 4 |  | repo signal |
| 2022-12 | 6 | assets shrinking, members leaving |  |

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

- 2026-03-19 [Community First Credit Union buys land in Fernandina Beach for fourth Nassau County branch - The Business Journals](https://news.google.com/rss/articles/CBMiowFBVV95cUxQS3FuRVhmUTdCUjFxakxhSVc5ODVSbmExUE5YSEEwVUgtYnF2MDZPWnpYQXJWeGFpUzFPckdjZ3EyLU9RREFQMEpCUHcyOXRfVkFyV1VVQm41aFlvNjNLLUY0NTI4ZHM1c2dPLURJUkpDcExabHk4d0dJMW9WOGo3eFE4YlpMb0Z6bmJNOGlkVDFtRkVRLVJucEQtR2VPMVlfZ2FZ?oc=5) · The Business Journals
- 2026-06-03 [VyStar Credit Union Hosting FREE Shred Event - firstcoastnews.com](https://news.google.com/rss/articles/CBMi-AFBVV95cUxPY3U3VGl1ek1ybVdUa29BSjl4VU9QNVFvbW82RmFpcGNXZTllSTdVeHhSZFJFWHhXRVYybzAzeXU2R2c5ZXdsejF6cWhEUEU0aTUxWVlDQTRGYjkzUV9NYVEwWTZNR2J3Sno1WDJyZ2pvdFFYSURCNzQ0NTZTNHZPSmhDeUcyc3g5RHFXcndrZlFOZ1ZVby1rZ1hkeUh4TUY2dTQybXdMaEJHdllZVlRzUU1WY1FGbGlZbHhWeUcwWTJWQkhXaWoyaE9wU1prMnBLOERpRnVuRWl3aTNHSG5VZUF6ektudTlnMHBBZERkaFFxc21BR3NTRg?oc=5) · firstcoastnews.com
- 2026-04-16 [Community First takes top seed among fastest-growing First Coast credit unions - The Business Journals](https://news.google.com/rss/articles/CBMipgFBVV95cUxQdFo2UXNMU0FRV0VTWE1YM1NnMU1qTzIycnN1YmdpbHFOQVdrZ0p4d1lHRzFYTXItU3ZwYm80Y2JuMUxQYjg1QXZBOWxTcjNhQnVlUEtyUS1GYkRmcUxGWHhEQi1aOVRVQjMwYjMxT0ozd2xfY25xaFRsUVlKb1EzYm8zVy1fajV0WDRiS3lxRURVT2V6UkVLbzNEOFdURXpQdGkxQ3l3?oc=5) · The Business Journals
- 2026-06-29 [It's time to Stuff The Bus for 2026! How to donate school supplies to First Coast kids in need - firstcoastnews.com](https://news.google.com/rss/articles/CBMixAFBVV95cUxNNGpIWU1tTkJUaW1mWU9OaGtVWnB3NUF3MXZrVE9DNlEzU3N4My1CZVd4WmJsUkhMUHVWUzY5b1RKQU15YjU0QjhYMklmZlNTSzh6ams5Rk55SkwyUk5qek9qWlZrWGUtVlNNQ1lWNzlGeF9FX1lNMmZRSzRVUm9QZkJEQks0bHV2d20xRG5HRXJoYVkzbDFteWZxNkQyRlJZUXZfcDM3d0ZuWDJmNFFQR3ZoUTlvTXpxNVhXb3dJT21Cdm9Q?oc=5) · firstcoastnews.com
- 2025-04-24 [Gainesville’s Radiant Credit Union to merge with Palatka-based credit union - Mainstreet Daily News Gainesville](https://news.google.com/rss/articles/CBMifEFVX3lxTE0yR2xaNGpOMUVWVjJDdjl0SEozMDZWU2duOGtwWU5UUUlvcjlKZ0xiXzN5SE1MLVRLRzdFbFY4OXp4UTl3dGNCWHpqMlZ3dmt3WmlnT0ptOVE3Q1pMVHAtQldLeE1uWkhCUF96b1o1Mzl5akR2TUR0VmJYYW4?oc=5) · Mainstreet Daily News Gainesville
- 2023-01-16 [Jacksonville-based VyStar acquires First Coast Federal Credit Union - The Florida Times-Union](https://news.google.com/rss/articles/CBMi0gFBVV95cUxNWkFUN2xMbFdzTWwzZ3NFMGp2OFZ5eERwU1Y5MzY2U3VUX2p5X2pEcGUtWTloaHM2SUFhcWI0bXhBXy1NRlV6TzY1S0dJVElVOEF5MXhTckN4Zm9GUnBiclZkZnB2ckhjeGZmVWNIQWhlQmQtX1hibE1jMFVjcTlZV0hZdzhvSHFqMVpFR1VmckVlMy1MbllfVGlvLUNXblhrcGpKRWt6djZvY1E4NllNZHZXUFo0N25ya0xSbl8ybnhUSmtWMWFTVGxLZHo5X05jWlE?oc=5) · The Florida Times-Union
- 2025-07-23 [Community First Credit Union opens Callahan branch - CUInsight](https://news.google.com/rss/articles/CBMilgFBVV95cUxOWXAwX1diRGcxRW1LNXQ1eE1BeGJUalBVNWJOaDRZcmtOc1B1cW9FakpVcEx5enJ4cUNuU3BvLV94YXN5a3pzTHFpN0daVW9pb041OXpjaGZUTHg4dUFhOHJGYWVVMjRLWmFRTHQ5V0I5NC1VNFluVkdTNV9UcnJ3X284eS1vcm92bUtPVE40R1hyc0JQOGc?oc=5) · CUInsight
- 2025-02-26 [Community First Credit Union opens new Beachwalk branch - The Ponte Vedra Recorder](https://news.google.com/rss/articles/CBMiowFBVV95cUxOaHJJQVhkN293Sk9Hamk1T1JiZV8wMmZER0tEQlF0VU1GNmtnVkZBbXpPNVpEbHpkRkR2b2xCV3ppSjNDUzVwNlppSDdWRXVYeXctR21qVXV5dFdIR1Z0c0hWQmZrR1lWX2FSNXl4WFZ3SF83dUJEZ1V0bmdXb01WVzh2b1lnYjZlSVNTRkxYdjR3OEJUeUV0a2oyUExKX1Q3b2lF?oc=5) · The Ponte Vedra Recorder

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=831 (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/63.json (key "831", 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=831
- 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