F.221 Farm Mortgages (1)
Billions of dollars; quarterly figures are seasonally adjusted annual rates
Description Series code 2022 2023 2024 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 Line
All sectors; farm mortgages; asset FA893065603 10.0 10.5 22.4 22.3 22.3 22.5 22.5 18.8 19.0 1
Corporate farm business; farm mortgages; liability FA183165603 3.4 3.4 6.8 7.1 6.6 6.6 6.7 5.4 6.1 2
Noncorporate farm business; farm mortgages; liability FA233165605 6.6 7.1 15.6 15.2 15.7 15.9 15.8 13.4 12.9 3
All sectors; farm mortgages; asset FA893065603 10.0 10.5 22.4 22.3 22.3 22.5 22.5 18.8 19.0 4
Households and nonprofit organizations; farm mortgages; asset FA153065605 -5.9 2.6 -0.1 1.2 0.5 -1.2 -1.0 -1.5 -0.9 5
Nonfinancial noncorporate business; farm mortgages; asset FA113065603 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 6
Federal government; farm mortgages; asset FA313065605 1.0 1.1 1.5 1.2 1.7 1.4 1.6 1.1 0.0 7
State and local governments; farm mortgages; asset FA213065603 -0.0 -0.2 0.0 0.0 0.0 0.0 0.0 0.0 0.0 8
U.S.-chartered depository institutions; farm mortgages; asset (USDA) FA763065633 6.2 1.9 4.2 4.2 4.2 4.2 4.2 5.8 5.9 9
Foreign banking offices in the U.S.; farm mortgages; asset FA753065603 0.0 -0.1 0.1 0.0 -0.0 0.4 -0.0 0.3 -0.0 10
Credit unions; farm mortgages; asset FA473065603 0.2 0.2 0.1 -0.0 0.3 0.1 0.2 0.2 0.3 11
Life insurance companies; farm mortgages on farm land; asset FA543065633 1.3 0.3 0.7 0.7 0.7 0.7 0.7 1.2 1.2 12
State and local government employee defined benefit retirement funds; farm mortgages; asset FA223065643 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 FA403065605 7.2 4.0 15.6 14.8 14.7 16.6 16.2 11.1 11.8 14
Agency-and GSE-backed mortgage pools; farm mortgages; asset FA413065605 -0.1 0.7 0.3 0.1 0.2 0.2 0.6 0.6 0.8 15

NOTES

  1. Excludes mortgages on farm houses.
Last Update: September 11, 2025