In 2025, First Community achieved another year of strong, well managed growth and meaningful progress, fueled by our commitment to exceptional member service. The Board of Directors, the executive team, and every member of our staff work for you, the members, and empowering you to achieve your financial goals remains our ultimate measure of success as a credit union.
In 2025, we expanded our field of membership by adding 16 counties in Central Texas, including the Austin and San Antonio areas. Combined with previous expansion into the Dallas–Fort Worth region, we now serve a total of 41 Texas counties, covering the state’s three largest metropolitan regions. Now more than ever, there is a profound need for our distinctive people helping people approach to financial services, and we are optimistic about the opportunities this growth brings.
Our membership grew to 181,236, an increase of 6.5%, and our assets reached $2.977 billion, successfully achieving the long term goal we set to double our assets within eight years. These historic milestones were made possible because you trusted us to be your financial partner. On behalf of the Board and the entire First Community team, thank you.
Our loan portfolio increased by 21.65%, ending the year at $2.374 billion, with growth across all loan types and particularly strong performance in auto lending throughout the counties we serve. Our deposit and loan rates continue to be among the most competitive in the market while remaining consistent with responsible financial stewardship. A detailed breakdown of our loan portfolio can be found on page 3.
We have come a long way since opening our doors in 1954 as Spring Branch Educators Credit Union. While our membership, services, and geographic reach have grown significantly, our values have remained constant. Our members, and their financial goals, will always be at the center of everything we do. The Board is fortunate to work alongside an executive team and staff who are passionate about serving both our members and our communities.
2025 HIGHLIGHTS
Looking ahead to 2026 and beyond, we will continue to focus on financially sound growth supported by exceptional, personalized service, ongoing technology enhancements, and superior products that meet the evolving needs of our members.
$32,676,066
MARTIN MIRACLE Chairman of the
Board
A MESSAGE FROM THE CEO
First Community’s proud legacy of helping members achieve their financial goals inspires us to continually raise the bar and pursue new ways to serve. Providing superior service in a rapidly changing economic and banking landscape means always evolving to meet each member’s unique needs while remaining firmly rooted in our values of people-helping-people.
This balance of innovation and continuity has always defined First Community and 2025 was no exception. Because our success is inseparable from the success of our members, their financial wellbeing guided every decision we made. We ended the year with 181,236 members and $2.977 billion in assets, both record highs.
Our assets under management increased from $2.821 billion in 2024 to $3.419 billion in 2025, a year over year increase of $598,734,882. These assets include those held on our balance sheet as well as mortgages, commercial real estate, and auto loans sold and serviced. Our loan portfolio grew 21.65% to $2.374 billion, reflecting strong demand and trust from the communities we serve.
Behind these numbers are real people and real dreams: retirees planning their legacy, parents saving for college, a small business owner expanding their operations, a family moving into their first home, or a mom buying the SUV that will one day pick up kids after soccer practice. Each loan and deposit represent an individual story, and a member who deserves personalized guidance and tools for their financial journey. Our formula for success remains consistent: competitive rates and world class member service.
In 2025, we expanded our field of membership to 16 additional Texas counties and extended service to the cities of Austin and San Antonio, completing our coverage of the Texas Triangle. We now serve a total of 41 counties across the state. We also strengthened our presence in the Tomball community by opening a new state of the art branch, offering members exceptional convenience and access to the latest banking technology. Additionally, we launched our new payments portal to further enhance the member payment experience. As digital expectations continue to rise, we remain committed to investing in our online and mobile platforms to deliver the most modern and intuitive digital banking experience possible.
We were honored that First Community Wealth Advisors was named the Houston Chronicle’s 2025 Best of the Best for financial advisors and planners, a recognition made possible by your votes and support. We also launched the GRAVITAS Visa Signature credit card, offering members a premium card with enhanced benefits and value.
Our financial growth was matched by our deepening commitment to the communities we serve. Through both financial support and countless volunteer hours, we partnered with local organizations dedicated to empowering children and families. Giving back is important to every First Community employee, and our volunteer events remain among the most popular activities across our team. We are especially proud of our continued partnership with the Houston Livestock Show & Rodeo™, where we once again served as the official sponsor of the Rodeo Carnival.
None of our accomplishments would be possible without the dedication of our employees, who consistently go above and beyond for our members, or the wise, steady leadership of our Board of Directors. It is a privilege to work alongside such an exceptional team.
As we reflect on the strides we made in 2025, we remain humbled by the trust you place in us. That trust can never be taken for granted, it must be earned every day, in every interaction. The coming year will bring both challenges and opportunities, but wherever your financial journey takes you, First Community will be there to empower you at every step.
TJ TIJERINA President/CEO
PURPOSE STATEMENT
To empower our members so they can achieve their financial goals.
CREDIT COMMITTEE REPORT
The Credit Committee is pleased to report that First Community’s loan portfolio grew by nearly 22% in 2025, helping more members achieve their financial goals and continuing our founding principle of people-helping-people.
The Credit Committee is responsible for ensuring that the credit union’s lending policies, practices, and decisions adhere to all regulatory requirements and institutional guidelines. Our mission is to facilitate responsible lending at competitive rates while exercising prudent stewardship that protects our members’ interests.
Members remain at the forefront of everything we do. Our lending products are designed to meet members where they are - whether purchasing a new vehicle, pursuing homeownership, or fulfilling other financial needs - supported by the exceptional service our team is known for. In 2025, our loan officers reviewed over 134,561 loan applications across auto loans, credit cards, and real estate lending.
We continued to drive strong growth across our lending portfolio, which reached $2.374 billion by year-end. Auto loans, which represent the largest portion of the portfolio, grew most rapidly; however, we also saw consistent and healthy growth across real estate and commercial.
With the expansion of our field of membership into Central Texas, we look forward to bringing our community based lending philosophy to new members while continuing to provide all members with loan products that empower them to achieve their financial goals.
DOUGLAS WILCHER Chairman, Credit Committee
FINANCIAL GROWTH
An in-depth independent audit of the operations of First Community Credit Union by the CPA firm of Doeren Mayhew, CPAs and Advisors is in progress for the year ending December 31, 2025. Audited financials are anticipated to be provided on our website around May 2026.
As a state-chartered credit union, FCCU has additional reviews of our lending and accounting practices by the Texas Credit Union Department (TCUD) and by Federal Examiners with the National Credit Union Administration (NCUA). In their annual audit, Texas State Examiners and NCUA Examiners found First Community sound in both policy and practice.
DISTRIBUTION OF
LOANS
DR. STEVEN WALKER Chairman, Audit Committee
Since its founding in 2021, the First Community Cares Foundation has strengthened our longstanding commitment to giving back to the communities we serve. Built on the credit union’s legacy of service, the Foundation was created to expand our ability to support local needs and uplift children and families across our region.
From its inception, the Foundation has raised funds from both First Community Credit Union and external partners to drive meaningful community impact. In 2025, the Foundation hosted its Second Annual Golf Tournament, and we are grateful to the generous sponsors whose commitment fuels the Foundation’s mission and growth.
Our Foundation donated more than $323,000 to nonprofit organizations dedicated to advancing education, strengthening families, and improving community health. Through our annual summer food drive, we partnered with Kids’ Meals, an organization providing nutrient dense meals to children under five to support healthy development.
Our annual scholarship program provides financial support to high school graduates pursuing college, university, or trade school education. To date, we have awarded $140,000 in scholarships. We remain committed to expanding this program in the years ahead.
We proudly continue to honor the FCCU heritage by supporting initiatives not only in Spring Branch ISD, Alief ISD, Cy Fair ISD, Tomball ISD, and Waller ISD, but also in other school districts throughout the communities we serve.
Organizations supported in 2025 include TOMAGWA HealthCare Ministries, Child Advocates, and Cy-Hope, along with other local nonprofits dedicated to improving lives throughout our community. The First Community Cares Foundation also donated $12,000 to Bo’s Place, supplemented by generous contributions from our members to support Texas flood victims. Looking ahead to 2026, the Foundation aims to raise even more funds to extend our charitable reach and provide additional scholarships to deserving students.
The Foundation’s motto -We Care So We Give- captures the heart of our mission. Since 2021, that spirit has guided our efforts and continues to inspire us as we grow our impact year after year.
COMMUNITY REPORT
Lifting up and empowering the communities we serve has always been at the core of who we are. In 2025, First Community continued to honor that commitment by investing our time, expertise, and resources in local schools and nonprofit organizations.
First Community Credit Union donated over $145,000 to worthy causes in our community. In addition, First Community donated $275,000 to the First Community Cares Foundation. We teamed up with Spindletop Community Impact Partners to collect Christmas toys for children in need, celebrated survivors and raised awareness at American Heart Association Heart Walks, hosted blood drives with the Gulf Coast Regional Blood Center, and expanded our support and partnership with the Southern Texas Region STPGA. We also participated in many other meaningful initiatives that strengthened our communities.
We opened our doors in 1954 as Spring Branch Educators Credit Union, and although we have grown tremendously since then, students and teachers continue to hold a special place in our hearts. As the official sponsor of the Houston Livestock Show and RodeoTM Carnival, we proudly support the Rodeo’s scholarship program while promoting a cherished tradition of family fun.
Through the Stars in the Classroom program, First Community recognizes outstanding local teachers who go above and beyond to make a difference in their students’ lives. It is our way of honoring those who brighten the future of our community by inspiring and educating its youth.
Our executive team also contributes their time and expertise by serving on the boards of local charities, and First Community employees at every level are committed to our people helping people philosophy, both in our business and in our charitable work. Our staff illustrated this by volunteering 432 hours in service to our community. We take pride in rolling up our sleeves and serving alongside the organizations we support.
Texas isn’t just a place where we do business, it’s our home. Giving back to the community that has given so much to us will always remain a core element of First Community’s mission.
STATEMENT OF FINANCIAL CONDITION
ASSETS 2025 2024
LIABILITIES
& MEMBERS' EQUITY 2025 2024
232,347,702 215,020,402
$211,499,171 $182,027,406
$2,977,348,865 $2,563,520,669
ASSETS UNDER MANAGEMENT
Assets under management increased from $2,821,194,857 in 2024 to $3,419,929,739 in 2025, representing a year-over-year increase of $598,734,882. Assets under management include total assets held on the balance sheet as well as mortgages, commercial real estate, and auto loans sold and serviced.
COMPARATIVE OPERATING STATEMENT
Martin Miracle Chairman of the Board
BOARD OF DIRECTORS & EXECUTIVE MANAGEMENT
TJ Tijerina President & Chief Executive Officer
Douglas Wilcher Vice Chairman Term Expires: March 2026
Robert Schumacher
Sally Moseley
Secretary Term Expires: March 2028 Term Expires: March 2027
Dr. Steven Walker
Board Member Term Expires: March 2026
Treasurer Term Expires: March 2028
Scott Clanton
Board Member Term Expires: March 2026
Julie Eisenhauer
Board Member Term Expires: March 2027
Edgar Barraza Chief Financial Officer
Ward Chief Lending Officer
Jennifer Kilgore Chief Operations Officer
Arthur Gordon Chief Retail Officer
Sravan Vinjamuri Chief Technology Officer
Katie Rigby Chief Human Resources Officer
Notable Changes in Management: EVP/CFO retired. SVP, Real Estate retired. VP, Info Security was promoted to SVP, Info Security. VP, ITM resigned and AVP was promoted to VP, ITM. VP, Accounting was hired. VP, Card Services resigned and a new VP, Card Services was hired. VP, Product Management transitioned to Product Manager III. Branch VP resigned and Branch VP transitioned to this branch. Branch AVP was promoted to Branch VP. Branch VP transitioned to AVP, Operations. Two Branch VPs were promoted to large Branch VP. Four Branch VPs transitioned to other branches.
Randal
MAKING A FIRST-RATE FINANCIAL DIFFERENCE in our members lives’
