Asset Quality Score
In this test, Bankrate tries to determine the impact of troubled assets, such as past-due loans, on the credit union's loan loss reserves and overall capitalization.
Having large numbers of these kinds of assets suggests a credit union may have to use capital to cover losses, reducing its buffer of equity. Many of those assets are also likely to be in non-accrual status and no longer earning interest for the credit union, reducing earnings and increasing the chances of a future failure.
On Bankrate's test of asset quality, HAMILTON scored 40 out of a possible 40 points, exceeding the national average of 38.15 points.
HAMILTON's ratio of problem assets was 2.00 percent in our test, below the national average and suggestive of superior financial strength compared to other credit unions.