Security Service credit union data summarize how Security Service's balance sheet, member base, credit metrics, earnings, and net worth moved through the first quarter.
Highlights
- Assets: $14.2B at March 31, 0.18% from year-end and 0.99% from a year earlier.
- Loans: $11.5B, equal to 81.15% of assets.
- Member shares: $11.2B, with loan-to-share at 102.57%.
- Credit: delinquency was 0.81%; net charge-offs were 0.36% of average loans.
- Net worth: 11.19%; return on assets was 0.54%; year-to-date net income was $19.3M.
Security Service credit union narrative
NCUA 5300 Call Report data for charter 11065 show Security Service reported $14.2B in assets, $11.5B in loans, and $11.2B in member shares at March 31.
The lending side accounted for 81.15% of assets, and the loan-to-share ratio was 102.57%. Those two measures give readers the basic balance-sheet context for comparing Security Service with other large credit unions.
Credit and earnings metrics round out the Q1 view. Security Service reported a 0.81% delinquent-loans-to-total-loans ratio, 0.36% net charge-offs to average loans, 0.54% return on assets, and $19.3M 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.