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 | 2022 | 2023 | 2024 | 2024 Q2 | 2024 Q3 | 2024 Q4 | 2025 Q1 | 2025 Q2 | 2025 Q3 | Line |
|---|---|---|---|---|---|---|---|---|---|---|---|
| All sectors; farm mortgages; asset | FL893065603 | 334.4 | 344.9 | 367.3 | 356.0 | 361.7 | 367.3 | 372.0 | 376.8 | 381.6 | 1 |
| Corporate farm business; farm mortgages; liability | FL183165603 | 90.5 | 94.1 | 101.0 | 97.5 | 99.2 | 101.0 | 102.7 | 104.6 | 106.5 | 2 |
| Noncorporate farm business; farm mortgages; liability | FL233165605 | 243.9 | 250.8 | 266.3 | 258.6 | 262.4 | 266.3 | 269.3 | 272.1 | 275.1 | 3 |
| All sectors; farm mortgages; asset | FL893065603 | 334.4 | 344.9 | 367.3 | 356.0 | 361.7 | 367.3 | 372.0 | 376.8 | 381.6 | 4 |
| Households and nonprofit organizations; farm mortgages; asset | FL153065605 | 12.0 | 14.6 | 14.5 | 15.0 | 14.7 | 14.5 | 14.1 | 13.5 | 12.8 | 5 |
| Nonfinancial noncorporate business; farm mortgages; asset | FL113065603 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.2 | 6 |
| Federal government; farm mortgages; asset | FL313065605 | 12.5 | 13.6 | 15.0 | 14.3 | 14.6 | 15.0 | 15.3 | 15.7 | 16.0 | 7 |
| State and local governments; farm mortgages; asset | FL213065603 | 1.3 | 1.1 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 1.2 | 8 |
| U.S.-chartered depository institutions; farm mortgages; asset (USDA) | FL763065633 | 107.0 | 108.9 | 113.1 | 111.0 | 112.0 | 113.1 | 114.5 | 116.0 | 117.5 | 9 |
| Foreign banking offices in the U.S.; farm mortgages; asset | FL753065603 | 0.2 | 0.1 | 0.2 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 10 |
| Credit unions; farm mortgages; asset | FL473065603 | 3.0 | 3.1 | 3.3 | 3.2 | 3.2 | 3.3 | 3.3 | 3.4 | 3.4 | 11 |
| Life insurance companies; farm mortgages on farm land; asset | FL543065633 | 22.6 | 22.9 | 23.6 | 23.2 | 23.4 | 23.6 | 23.9 | 24.2 | 24.5 | 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 | 173.6 | 177.6 | 193.2 | 185.0 | 189.2 | 193.2 | 196.0 | 198.9 | 202.3 | 14 |
| Agency-and GSE-backed mortgage pools; farm mortgages; asset | FL413065605 | 1.2 | 1.9 | 2.1 | 1.9 | 2.0 | 2.1 | 2.3 | 2.5 | 2.4 | 15 |
NOTES
- Excludes mortgages on farm houses.
Last Update: January 9, 2026