Financial Accounts of the United States - Z.1
S125s1.1.s Government-sponsored enterprises (GSEs) 🕮 PDF
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
| Line | Description | Series | 2023 | 2024 | 2025 | 2024:Q4 | 2025:Q1 | 2025:Q2 | 2025:Q3 | 2025:Q4 | 2026:Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Line 1 | Total financial assets | FL404090005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 2 | Checkable deposits and currency | FL403020005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 3 | Time and savings deposits | FL403030005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 4 | Debt securities | LM404022005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 5 | Open market paper | FL403069105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 6 | Treasury securities | LM403061105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 7 | Agency- and GSE-backed securities | LM403061705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 8 | Municipal securities | LM403062005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 9 | Corporate and foreign bonds | LM403063005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 10 | Loans | FL404035005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 11 | Federal funds and security repos | FL402050005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 12 | Consumer credit | FL403066005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 13 | Mortgages | FL403065005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 14 | One-to-four-family residential | FL403065105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 15 | Consolidated trusts | FL403065195 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 16 | Other | FL403065185 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 17 | Multifamily residential | FL403065405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 18 | Consolidated trusts | FL403065495 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 19 | Other | FL403065485 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 20 | Farm | FL403065605 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 21 | Other loans and advances | FL403069305 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 22 | Sallie Mae | FL403069385 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 23 | Farm Credit System | FL403069345 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 24 | FHLB | FL403069330 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 25 | Miscellaneous assets | FL403093005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 26 | Total liabilities and equity | FL404194005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 27 | Total liabilities | FL404190005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 28 | Other deposits (FHLB deposits) | FL403197033 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 29 | Debt securities (GSE issues) | FL403161705 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 30 | Consolidated trusts | FL403161795 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 31 | Other | FL403161785 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 32 | Loans | FL404141005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 33 | Federal funds and security repos | FL402150005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 34 | U.S. government loans | FL403169283 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 35 | Miscellaneous liabilities | FL403193005 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 36 | Total equity | FL403181105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 37 | Corporate equities (market value) | LM403164105 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
| Line 38 | Equity in GSEs | FL403192405 | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Notes:
- Federal Home Loan Banks, Fannie Mae, Freddie Mac, Farmer Mac, Farm Credit System, the Financing Corporation, and the Resolution Funding Corporation. The Student Loan Marketing Association (Sallie Mae) was included until it was fully privatized in 2004:Q4. Beginning 2010:Q1, almost all Fannie Mae and Freddie Mac mortgage pools (S125S1.2.s) are consolidated on Fannie Mae's and Freddie Mac's balance sheets (S125S1.1.s).
- Consolidated trusts refers to the unpaid balance of securitized mortgages Fannie Mae and Freddie Mac moved on to their balance sheets at the beginning of 2010 in response to new accounting rules.
- Such issues are classified as agency- and GSE-backed securities.
Last Update: 2026-05-22