Federal Reserve Bulletin, Volume 93, 2007 Current Bulletin

Profits and Balance Sheet Developments at U.S. Commercial Banks in 2007

Figure B. Delinquency rates on loans for residential construction and land development, by state, December 31, 2007. Data plotted as a shaded map of the United States. The map uses five shades to indicate five ranges of delinquency rates. The five ranges and the states in each range are as follows: (1) less than 2.32 percent: Connecticut, Hawaii, Massachusetts, Montana, New Hampshire, New Mexico, Rhode Island; (2) 2.32 percent through 3.13 percent: Idaho, Mississippi, North Carolina, North Dakota, Nebraska, New York, Pennsylvania, Tennessee, Texas, Wisconsin, West Virginia, Wyoming; (3) 3.14 percent through 4.56 percent: Alabama, Colorado, Iowa, Illinois, Louisiana, Maine, Ohio, South Carolina, Virginia, Vermont; (4) 4.57 percent through 7.70 percent: Alaska, Arizona, Indiana, Kansas, Kentucky, Missouri, New Jersey, Oklahoma, Oregon, Washington; (5) greater than 7.70 percent: Arkansas, California, Florida, Georgia, Maryland, Michigan, Minnesota, Nevada, Utah.

Note: Delinquency rates for Delaware and South Dakota are not shown because the data are unrepresentative of conditions in those states. Delinquency rate is the percent of loans 30 days or more past due or not accruing interest.

Source: Federal Financial Institutions Examination Council, Consolidated Reports of Condition and Income (Call Report).

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