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Navy Federal Credit Union • 2013 Financial Section
19
2013 ANNUAL REPORT
Navy Federal uses delinquency status and FICO score as the primary credit quality indicators for its
equity loans, which consisted of the following as of December 31, 2013 and 2012:

(dollars in thousands) 
  

Total 
Performing $ 280,741 $ 2,114,887 $ 2,395,628
60+ days & foreclosure 40,606 15,156 55,762
Total $  $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $(14.5) million, deferred expense of $8.6 million, and loans
in process of $1.5 million.

(dollars in thousands) 
  

Total 
Performing $ 318,057 $ 2,422,559 $ 2,740,616
60+ days & foreclosure 58,429 15,135 73,564
Total $  $ $
(1) Excludes fair value adjustments associated with the ACI portfolio (see Note 6) of $(17.2) million, deferred expense of $8.8 million, and loans in
process of $0.4 million.