First Tech credit union data summarize how First Technology's balance sheet, member base, credit metrics, earnings, and net worth moved through the first quarter.
Highlights
- Assets: $28.6B at March 31, 118.44% from year-end and 121.33% from a year earlier.
- Loans: $22.1B, equal to 77.34% of assets.
- Member shares: $24.6B, with loan-to-share at 89.88%.
- Credit: delinquency was 1.23%; net charge-offs were 1.14% of average loans.
- Net worth: 10.51%; return on assets was 0.87%; year-to-date net income was $45.1M.
First Tech credit union narrative
NCUA 5300 Call Report data for charter 23521 show First Technology reported $28.6B in assets, $22.1B in loans, and $24.6B in member shares at March 31.
The lending side accounted for 77.34% of assets, and the loan-to-share ratio was 89.88%. Those two measures give readers the basic balance-sheet context for comparing First Technology with other large credit unions.
Credit and earnings metrics round out the Q1 view. First Technology reported a 1.23% delinquent-loans-to-total-loans ratio, 1.14% net charge-offs to average loans, 0.87% return on assets, and $45.1M 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.