Asset Quality Score
Bankrate uses this test to determine the impact of troubled 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 extensive holdings of these types of assets may eventually have to use capital to absorb losses, reducing its buffer of equity. It also means that there are likely to be many assets that are in non-accrual status and no longer earning money, resulting in reduced earnings and potentially more risk of a failure in the future.
On Bankrate's test of asset quality, SYCAMORE scored 36 out of a possible 40 points, coming in below the national average of 38.15 points.
SYCAMORE's ratio of problem assets was 7.00 percent in our test, the same as the national average.