Asset Quality Score
In this test, Bankrate tries to estimate the impact of problem assets, such as unpaid mortgages, on the credit union's reserves set aside to cover loan losses, as well as overall capitalization.
A credit union with lots of these types of assets could eventually be required to use capital to cover losses, diminishing its equity cushion. It also means that there are likely to be many assets that are in non-accrual status and thus aren't earning interest for the credit union, diminishing earnings and increasing the chances of a failure in the future.
ACADIA scored 36 out of a possible 40 points on Bankrate's test of asset quality, below the national average of 38.15.
Troubled assets made up 11.00 percent of ACADIA's total assets in our test, higher than the national average and a potential cause for concern.