L.221 Farm Mortgages (1)
Billions of dollars; amounts outstanding end of period, not seasonally adjusted
Description Series code 2022 2023 2024 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 Line
All sectors; farm mortgages; asset FL893065603 334.4 344.6 360.2 342.0 344.6 348.5 352.4 356.3 360.2 1
Corporate farm business; farm mortgages; liability FL183165603 90.4 93.7 98.6 93.2 93.7 95.0 96.2 97.4 98.6 2
Noncorporate farm business; farm mortgages; liability FL233165605 244.0 250.9 261.6 248.9 250.9 253.4 256.1 258.9 261.6 3
All sectors; farm mortgages; asset FL893065603 334.4 344.6 360.2 342.0 344.6 348.5 352.4 356.3 360.2 4
Households and nonprofit organizations; farm mortgages; asset FL153065605 12.2 14.7 13.1 14.4 14.7 14.7 14.4 13.7 13.1 5
Nonfinancial noncorporate business; farm mortgages; asset FL113065603 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.1 6
Federal government; farm mortgages; asset FL313065605 12.5 13.6 15.0 13.3 13.6 13.9 14.3 14.6 15.0 7
State and local governments; farm mortgages; asset FL213065603 1.1 1.1 1.1 1.1 1.1 1.1 1.1 1.2 1.1 8
U.S.-chartered depository institutions; farm mortgages; asset (USDA) FL763065633 107.0 108.8 113.7 108.3 108.8 110.0 111.2 112.5 113.7 9
Foreign banking offices in the U.S.; farm mortgages; asset FL753065603 0.2 0.1 0.2 0.2 0.1 0.1 0.1 0.2 0.2 10
Credit unions; farm mortgages; asset FL473065603 3.0 3.1 3.3 3.1 3.1 3.1 3.2 3.2 3.3 11
Life insurance companies; farm mortgages on farm land; asset FL543065633 22.6 22.6 23.6 22.6 22.6 22.9 23.1 23.4 23.6 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 173.6 177.6 186.8 176.3 177.6 179.7 181.8 184.4 186.8 14
Agency-and GSE-backed mortgage pools; farm mortgages; asset FL413065605 1.2 1.9 2.1 1.8 1.9 1.9 1.9 2.0 2.1 15

NOTES

  1. Excludes mortgages on farm houses.
Last Update: March 13, 2025