America First credit union data summarize how America First's balance sheet, member base, credit metrics, earnings, and net worth moved through the first quarter.
Highlights
- Assets: $24.7B at March 31, 3.96% from year-end and 9.53% from a year earlier.
- Loans: $16.7B, equal to 67.72% of assets.
- Member shares: $21.6B, with loan-to-share at 77.46%.
- Credit: delinquency was 1.34%; net charge-offs were 0.95% of average loans.
- Net worth: 11.61%; return on assets was 1.42%; year-to-date net income was $86.1M.
America First credit union narrative
NCUA 5300 Call Report data for charter 24694 show America First reported $24.7B in assets, $16.7B in loans, and $21.6B in member shares at March 31.
The lending side accounted for 67.72% of assets, and the loan-to-share ratio was 77.46%. Those two measures give readers the basic balance-sheet context for comparing America First with other large credit unions.
Credit and earnings metrics round out the Q1 view. America First reported a 1.34% delinquent-loans-to-total-loans ratio, 0.95% net charge-offs to average loans, 1.42% return on assets, and $86.1M in year-to-date net income.
Net worth ratio, loan concentration, member-share growth, and credit costs should be read together because they describe different parts of the same cooperative balance sheet. None of those measures alone is the story; together they show how the quarter moved.
This series uses a straightforward format: highlights first, then the narrative around assets, loans, member shares, credit, earnings, and net worth. The goal is to make the Q1 call-report movement readable as a data update for industry readers.