Financial Accounts of the United States - Z.1
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
- Excludes mortgages on farm houses.
Last Update: September 11, 2025