US Delinquency Rate on Total Loans and Leases (Not Seasonally Adjusted)
US Delinquency Rate on Total Loans and Leases (Not Seasonally Adjusted) stood at 1.38% in Q2 2026, according to FRED (Federal Reserve Bank of St. Louis). It is one of the indicators in the Bank loans and delinquencies table (Value · Quarterly), with a complete series running from Q1 1985 to Q2 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank loans and delinquencies table
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DELINQUENCY RATE (not seasonally adjusted) | |||||||||||
| Total loans and leases | 1.38 | 1.46 | 1.5 | 1.47 | 1.47 | 1.56 | 1.59 | 1.5 | 1.44 | 1.44 | |
| Real estate loans | 1.65 | 1.74 | 1.71 | 1.63 | 1.64 | 1.7 | 1.67 | 1.58 | 1.53 | 1.47 |
Understanding US Delinquency Rate on Total Loans and Leases (Not Seasonally Adjusted)
United States ratio of total overdue debt to total credit represents the proportion between total overdue debt and total credit balances across the entire banking system, expressed via this indicator representing portfolio-wide risk levels, published by the Federal Reserve. Unlike absolute monetary indicators, this metric is a percentage allowing asset quality comparisons across periods even as credit scale changes. This data series is unadjusted for seasonality, thereby retaining all actual fluctuations occurring across intervals during the year.
Data appears quarterly and frequently undergoes revision updates. Because it is unadjusted for seasonality, this ratio naturally rises during periods with cyclical late payments, such as following holidays or tax filing dates. Therefore, evaluating credit risk trends must be based on year-on-year comparisons to decouple natural cyclical movements from genuine credit quality deterioration.
Frequently asked questions
- How is this ratio calculated?
- By dividing the total value of overdue debts by the total loan portfolio of the commercial banking system.
- Why is this data series not seasonally adjusted?
- Keeping the raw data helps accurately reflect the actual overdue debt arising at each specific moment.
- Should this index be compared with the previous period or the same period last year?
- It should be compared Year-on-year to eliminate the impact of seasonality in payment activity.