# MIAMI FIREFIGHTERS
MIAMI, FL · NCUA charter 872 · asset band $100-200M · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/miami-firefighters-872

Who the members are: federal charter, multiple common bond, organized 1935, low-income designated. 6,235 members of 8,000 potential (77.9% of the field); checking penetration 59% (share draft accounts per 100 members); loans per 100 members 74.

**Verdict on the desk:** this could be *fortress*. 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 | $193.9M |
| Members | 6,235 (4.5% YoY) |
| Full-time staff | 21 |
| Net worth | $23.3M |
| Net worth ratio | 12.0% (p54 of band) |
| ROA (annualized) | 0.91% (p64 of band) |
| Total delinquency | 0.13% (p10 of band) |
| Net charge-offs (annualized) | 0.19% (p32 of band) |
| Loans / shares | 80% (p72 of band) |
| Cash / assets | 11.0% |
| Borrowings / assets | 0.00% |
| Net interest margin | 2.79% (p8 of band) |
| Operating expense / assets | 2.23% (p8 of band) |
| Vehicles % of loans | 34% (p45 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 0% |
| Third-party paper % of net worth | 0% (p16 of band) |
| Vehicle delinquency | 0.14% (p15 of band) |
| Vehicle NCO | 0.00% (p8 of band) |
| Repossessed % of vehicle book | 0.00% (p32 of band) |
| Real estate % of loans | 53% |
| Credit cards % of loans | 3% |
| Unsecured % of loans | 5% |
| Commercial % of net worth | 8% |
| Core shares % of member funds | 45% |
| Certificates % of member funds | 32% |
| Average share balance | $14,173 |
| Participations bought / yr | $0 |
| Participations sold / yr | $0 |
| Participations outstanding | $0 |
| Loans outstanding per 100 members | 74% |
| Loans granted per 100 members, annualized | 25% |
| Average loan balance | $29,453 |
| Loans granted, annualized | $48.9M |

## Participation posture (from the same filings)

Bought $0 and sold $0 in the latest annualized quarter; $0 outstanding purchased (0.0% of net worth), $800,664 sold and retained. Sold in 0 and bought in 3 of the last 8 quarters. Shares 5.2% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 2 | thin capital, charge-offs p90 |  |
| 2016-06 | 1 |  | charge-offs p90 |
| 2016-09 | 1 |  |  |
| 2016-12 | 1 |  |  |
| 2017-03 | 1 |  |  |
| 2017-06 | 2 | delinquency rising |  |
| 2017-09 | 2 |  |  |
| 2017-12 | 2 | delinquency 2x band | thin capital |
| 2018-03 | 0 |  | delinquency rising, delinquency 2x band |
| 2018-06 | 0 |  |  |
| 2018-09 | 0 |  |  |
| 2018-12 | 0 |  |  |
| 2019-03 | 1 | delinquency rising |  |
| 2019-06 | 0 |  | delinquency rising |
| 2019-09 | 1 | delinquency rising |  |
| 2019-12 | 0 |  | delinquency rising |
| 2020-03 | 0 |  |  |
| 2020-06 | 1 | delinquency rising |  |
| 2020-09 | 0 |  | delinquency rising |
| 2020-12 | 1 | delinquency rising |  |
| 2021-03 | 2 | net worth falling, margin squeeze | delinquency rising |
| 2021-06 | 2 |  |  |
| 2021-09 | 3 | members leaving |  |
| 2021-12 | 0 |  | net worth falling, margin squeeze, members leaving |
| 2022-03 | 0 |  |  |
| 2022-06 | 0 |  |  |
| 2022-09 | 0 |  |  |
| 2022-12 | 1 | delinquency rising |  |
| 2023-03 | 1 |  |  |
| 2023-06 | 1 | assets shrinking | delinquency rising |
| 2023-09 | 1 |  |  |
| 2023-12 | 1 | net worth falling | assets shrinking |
| 2024-03 | 0 |  | net worth falling |
| 2024-06 | 0 |  |  |
| 2024-09 | 0 |  |  |
| 2024-12 | 2 | net worth falling, delinquency rising |  |
| 2025-03 | 0 |  | net worth falling, delinquency rising |
| 2025-06 | 1 | delinquency rising |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 1 |  |  |

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

- 2025-12-17 [Firefighters team up with Santa Claus to deliver gifts to children in Miami - local10.com](https://news.google.com/rss/articles/CBMitwFBVV95cUxPeFZTS1JxMW5yS0RzZG96UDlkM2FJUnFxZzk1ZWtmMm9wZzZzUWplV1k1MTZNRjJhYjBlZFZLZXBEaF9ZOWhzcnU4U0RjLXUyVlRMcGFRekdTY1RGUlF5cUw4aEpURnc3ekRkUWRWV3BYUzh0Sm5DUHVzRGhuY3g3a1F2c0tPV2RrNVVRazJ4b2MwcGhUMVJITEtzLV8tbE1IXzlTcVZhZ2syaV83M0pYdGNjbkhLaEk?oc=5) · local10.com
- 2008-12-01 [Harold Ray "Hal" Hardaman Obituary Dec 1, 2008 - Bradford O'Keefe Funeral Homes](https://news.google.com/rss/articles/CBMic0FVX3lxTFBGc2NGX0I5Vm9yQjFUOGJQZ2N6Q1IzV1JUWnY4MS0xeDhmdWJSMzdxMnVyZ3dremFBWXZoRXdkRmR0UEt6N3dNZjJnS3UwbFY4VEk0c2JwT0VUd2k3dlE0WFhNVlA1MEhpY1ZQVmdnQ012X00?oc=5) · Bradford O'Keefe Funeral Homes
- 2024-08-01 [Carlos A. Gimenez Net Worth - Quiver Quantitative](https://news.google.com/rss/articles/CBMimgFBVV95cUxQamQ2eVA2LWQ4bnpJZF8xYmx1NDJmaGtaeHh6TWp3N21ZQmxJZDViSVlkaUtTZE9TVUUyR1RRalJ4YWx4ejMzWDQ4UXFOMUotRnpxQTJQWUw4TDVrdUlhNElKR1JTTEljcHBoVjkwZlpaVUJaODRLLVF4bTc0MEUwY0x5NVpkdFJiV3ZiMWtIc2hNRHFvVFBzWUJB?oc=5) · Quiver Quantitative

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=872 (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/40.json (key "872", 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=872
- 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