Financial Accounts of the United States - Z.1
L.221 Farm Mortgages (1)
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; farm mortgages; asset | FL893065603 | 324.4 | 334.4 | 344.6 | 360.2 | 348.5 | 352.4 | 356.3 | 360.2 | 363.7 | 1 |
| Corporate farm business; farm mortgages; liability | FL183165603 | 87.0 | 90.4 | 93.7 | 98.6 | 95.0 | 96.2 | 97.4 | 98.6 | 99.7 | 2 |
| Noncorporate farm business; farm mortgages; liability | FL233165605 | 237.4 | 244.0 | 250.9 | 261.6 | 253.4 | 256.1 | 258.9 | 261.6 | 264.0 | 3 |
| All sectors; farm mortgages; asset | FL893065603 | 324.4 | 334.4 | 344.6 | 360.2 | 348.5 | 352.4 | 356.3 | 360.2 | 363.7 | 4 |
| Households and nonprofit organizations; farm mortgages; asset | FL153065605 | 17.9 | 12.0 | 14.7 | 13.1 | 14.6 | 14.4 | 13.7 | 13.1 | 12.7 | 5 |
| Nonfinancial noncorporate business; farm mortgages; asset | FL113065603 | 1.0 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 6 |
| Federal government; farm mortgages; asset | FL313065605 | 11.5 | 12.5 | 13.6 | 15.0 | 13.9 | 14.3 | 14.6 | 15.0 | 15.3 | 7 |
| State and local governments; farm mortgages; asset | FL213065603 | 1.3 | 1.3 | 1.1 | 1.2 | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | 8 |
| U.S.-chartered depository institutions; farm mortgages; asset (USDA) | FL763065633 | 100.8 | 107.0 | 108.8 | 113.7 | 110.0 | 111.2 | 112.5 | 113.7 | 114.8 | 9 |
| Foreign banking offices in the U.S.; farm mortgages; asset | FL753065603 | 0.1 | 0.2 | 0.1 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.1 | 10 |
| Credit unions; farm mortgages; asset | FL473065603 | 2.7 | 3.0 | 3.1 | 3.3 | 3.1 | 3.2 | 3.2 | 3.3 | 3.3 | 11 |
| Life insurance companies; farm mortgages on farm land; asset | FL543065633 | 21.3 | 22.6 | 22.6 | 23.6 | 22.9 | 23.1 | 23.4 | 23.6 | 23.8 | 12 |
| State and local government employee defined benefit retirement funds; farm mortgages; asset | FL223065643 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 13 |
| Government-sponsored enterprises; farm mortgages; asset | FL403065605 | 166.4 | 173.6 | 177.6 | 186.8 | 179.7 | 181.8 | 184.4 | 186.8 | 188.9 | 14 |
| Agency-and GSE-backed mortgage pools; farm mortgages; asset | FL413065605 | 1.3 | 1.2 | 1.9 | 2.1 | 1.9 | 1.9 | 2.0 | 2.1 | 2.3 | 15 |
NOTES
- Excludes mortgages on farm houses.
Last Update: June 12, 2025