Asset Quality Score
Bankrate uses this test to estimate the impact of problem assets, such as past-due 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 absorb losses, decreasing its equity cushion. Many of those assets are also likely to be in non-accrual status and thus aren't earning interest for the credit union, resulting in lower earnings and potentially more risk of a future failure.
On Bankrate's test of asset quality, RANDOLPH-BROOKS scored 40 out of a possible 40 points, better than the national average of 38.15 points.
RANDOLPH-BROOKS's ratio of troubled assets was 2.00 percent in our test, beneath the national average and suggestive of superior financial strength compared to other credit unions.