Financial Accounts of the United States - Z.1
L.220 Commercial Mortgages
Billions of dollars; amounts outstanding end of period, not seasonally adjusted| Description | Series code | 2021 | 2022 | 2023 | 2024 | 2024 Q1 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; commercial mortgages; asset | FL893065505 | 3378.1 | 3644.3 | 3764.4 | 3823.7 | 3783.6 | 3789.2 | 3809.0 | 3823.7 | 3828.8 | 1 |
| Nonprofit organizations; commercial mortgages; liability (1) | FL163165505 | 419.3 | 450.7 | 466.1 | 474.1 | 468.7 | 469.5 | 472.1 | 474.1 | 474.8 | 2 |
| Nonfinancial corporate business; commercial mortgages; liability | FL103165505 | 950.5 | 1086.9 | 1130.9 | 1162.4 | 1136.7 | 1141.6 | 1153.3 | 1162.4 | 1164.6 | 3 |
| Nonfinancial noncorporate business; commercial mortgages; liability | FL113165505 | 2008.3 | 2106.6 | 2167.4 | 2187.3 | 2178.2 | 2178.0 | 2183.6 | 2187.3 | 2189.4 | 4 |
| All sectors; commercial mortgages; asset | FL893065505 | 3378.1 | 3644.3 | 3764.4 | 3823.7 | 3783.6 | 3789.2 | 3809.0 | 3823.7 | 3828.8 | 5 |
| Households and nonprofit organizations; commercial mortgages; asset | FL153065505 | 1.4 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 6 |
| Nonfinancial corporate business; commercial mortgages; asset | FL103065505 | 77.5 | 95.7 | 110.7 | 114.4 | 110.6 | 113.8 | 113.9 | 114.4 | 114.4 | 7 |
| Nonfinancial noncorporate business; commercial mortgages; asset | FL113065503 | 14.1 | 14.7 | 15.1 | 15.4 | 15.1 | 15.2 | 15.3 | 15.4 | 15.5 | 8 |
| Federal government; commercial mortgages; asset | FL313065505 | 78.2 | 81.8 | 86.3 | 90.4 | 87.3 | 88.6 | 89.1 | 90.4 | 91.8 | 9 |
| State and local governments; commercial mortgages; asset | FL213065503 | 20.8 | 20.8 | 18.3 | 18.7 | 18.4 | 18.5 | 18.6 | 18.7 | 18.8 | 10 |
| U.S.-chartered depository institutions; commercial mortgages; asset | FL763065505 | 1904.7 | 2074.2 | 2159.9 | 2178.7 | 2171.2 | 2177.4 | 2180.7 | 2178.7 | 2179.2 | 11 |
| Foreign banking offices in the U.S.; commercial mortgages; asset | FL753065503 | 73.8 | 83.8 | 87.8 | 90.3 | 88.4 | 90.5 | 90.2 | 90.3 | 88.0 | 12 |
| Banks in U.S.-affiliated areas; commercial mortgages; asset | FL743065505 | 9.4 | 10.3 | 10.9 | 11.4 | 11.0 | 11.0 | 11.2 | 11.4 | 10.8 | 13 |
| Credit unions; commercial mortgages; asset | FL473065503 | 77.3 | 94.7 | 106.2 | 116.7 | 108.0 | 110.6 | 113.4 | 116.7 | 119.6 | 14 |
| Property-casualty insurance companies; commercial mortgages, including those held by U.S. residual market reinsurers; asset | FL513065505 | 27.7 | 30.4 | 32.9 | 32.4 | 33.2 | 33.0 | 33.0 | 32.4 | 32.1 | 15 |
| Life insurance companies; commercial mortgages; asset | FL543065505 | 435.4 | 471.9 | 486.5 | 505.5 | 489.1 | 492.2 | 502.6 | 505.5 | 509.7 | 16 |
| Private pension funds; commercial mortgages; asset | FL573065505 | 21.3 | 15.7 | 12.8 | 9.1 | 12.0 | 11.2 | 10.1 | 9.1 | 8.2 | 17 |
| State and local government employee defined benefit retirement funds; commercial mortgages; asset | FL223065545 | 2.3 | 2.2 | 1.6 | 1.8 | 1.4 | 1.5 | 1.5 | 1.8 | 1.9 | 18 |
| Agency-and GSE-backed mortgage pools; commercial mortgages; asset | FL413065505 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 19 |
| Issuers of asset-backed securities; commercial mortgages; asset | FL673065505 | 413.0 | 417.2 | 424.1 | 447.4 | 432.5 | 424.4 | 431.3 | 447.4 | 447.5 | 20 |
| Finance companies; commercial mortgages; asset | FL613065503 | 26.2 | 25.4 | 23.1 | 22.3 | 22.4 | 21.9 | 22.1 | 22.3 | 22.1 | 21 |
| Mortgage real estate investment trusts; commercial mortgages; asset | FL643065573 | 195.1 | 204.0 | 186.7 | 167.8 | 181.5 | 177.9 | 174.6 | 167.8 | 167.8 | 22 |
NOTES
- Liability of the households and nonprofit organizations sector (tables L.101 and B.101).
Last Update: June 12, 2025