Large Bank Credit Card and 
Mortgage Data

The Large Bank Credit Card and Mortgage Data are based on FR Y-14M credit card and mortgage data provided by the largest financial institutions in the United States. View the methodology and definitions documentation to get a better understanding of the data.

2023 Q4 Insights Report

Released: April 10, 2024

Nominal credit card balances moved up in the fourth quarter of 2023, establishing a new series high. Card utilization also rose, as is typical at year-end, and consumers with stretched credit lines drew further on those lines. Credit limits increased for more consumers than in the third quarter, especially for those with already-high credit limits.

Fourth quarter 2023 featured the worst card performance in the series. All stages of account-based delinquency reached series highs. Only the 90+ balance-based rate was under its series high, set over a decade ago. As credit performance deteriorated, the median origination credit limit decreased for a second consecutive quarter.

Mortgage originations were the lowest in the series. Originated mortgages hint at a possible change in the risk approach of firms. While credit scores remain steady, median original front-end debt-to-income and loan-to-value are elevated compared with fourth quarter 2021 levels. There was a slight quarter-over-quarter increase in the 30+ days past due rate, but delinquencies are near series lows and well below pre-pandemic levels.

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Data Downloads

Credit Card Balances

FR Y-14M credit card filers provide data on all active consumer bankcard accounts; including cycle-end balances, current credit scores, line changes, and payment behavior metrics.

Credit Card Originations

FR Y-14M credit card filers provide data on all new consumer bankcard commitments, calculated based on initial assigned credit limits alongside original credit scores.

First-Lien Mortgage Balances

FR Y-14M mortgage filers provide data on all closed-end portfolio loans secured by 1-4 family residential real estate. Both first-lien mortgage and first-lien home equity loan balances are reported.

First-Lien Mortgage Originations

FR Y-14M mortgage filers provide data on new first-lien mortgages and first-lien home equity loans held in portfolio. Includes origination loan-to-value (LTV), debt-to-income (DTI), and credit score metrics.


Office Entrance

The respondent panel comprises U.S. bank holding companies, U.S. intermediate holding companies of foreign banking organizations, and covered savings and loan holding companies with $100 billion or more in total consolidated assets. These institutions are required to report credit card or first-lien mortgage data if portfolio balances exceed $5 billion or are material relative to Tier 1 capital. Firms with over $100 billion in total consolidated assets that do not meet these thresholds may also voluntarily provide FR Y-14M data. The reporting provides users with aggregate data on credit card and first-lien mortgages including portfolio composition, credit performance, origination activities, credit card payment behavior, and credit card line utilization. This publication will be released on a quarterly frequency.

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