Variable Definitions

The total outstanding balance for all consumer credit card accounts among firms included in the reporting panel. Reported balances are as of the end of the current month's cycle.

The total count of all consumer credit card accounts among firms included in the reporting panel. Reported accounts are as of the end of the current month's cycle.

The total dollar amount of all consumer credit card commitments among firms included in the reporting panel. Reported commitments are as of the current month's cycle.

The 50th, 75th, and 90th percentile account balances among active credit card accounts. Active credit card accounts are defined as credit card accounts that are open and have had debit, credit, or balance activity in the last 12 months. Therefore, some credit card accounts that are defined as active will have a zero balance.

The 50th, 75th, and 90th percentile credit limits among credit card accounts. The current credit limit is the maximum available credit on the account.

The 10th, 25th, and 50th percentile credit scores among credit card accounts. The current credit score is the most recently determined commercially available credit score of the primary account holder. If an updated commercial credit bureau score is not available or is not currently being used by the reporting institution to evaluate the primary account holder's creditworthiness, the institution is instructed to map the most current internal credit score used to evaluate the primary account holder's creditworthiness to a commercially available credit bureau score. The source of the current credit score may vary by FR Y-14M reporting firm and even within the firm's reporting. Only credit card accounts with current credit scores between 150 and 950 are included in the current credit score percentile calculations.

The 50th, 75th, and 90th percentile credit utilization rates among credit card accounts. The utilization rate represents the share of the available credit line that the borrower is utilizing. It is defined as the cycle ending balance divided by the current credit limit. Active credit card accounts are defined as credit card accounts that are open and have had debit, credit, or balance activity in the last 12 months. Therefore, some credit card accounts that are defined as active will still have zero utilization of the available credit line. Available credit lines of inactive accounts are not included.

The share of total credit card accounts in the quarter that experienced a bank-initiated or borrower-requested credit line increase or decrease. Note that the time series data for Credit Line Change begins in 2012Q4 because this was the first quarter when the data were of sufficient quality to begin reporting.

The share of all credit card accounts that are flagged as 30 or more, 60 or more, or 90 or more days past due.

The share of total credit card balances that are flagged as 30 or more, 60 or more, or 90 or more days past due.

The total revolved dollar balances as of quarter end for accounts that revolved all or some portion of their cycle ending balance. Revolving balances are calculated for these revolving accounts as the sum total of the prior cycle ending balances less actual payments made on the prior cycle ending balances.

The share of credit card accounts making the minimum payment, the share of credit card accounts making payment above the minimum payment and below the full balance, and the share of credit card accounts paying the full account balance. Payment behavior (Active Accounts Only) variables indicate the payment behavior of active credit card accounts in the final month of the quarter. When an account has a zero-cycle ending balance and zero payment, the prior month's payment behavior is used to properly classify the account. Accounts with a zero or negative cycle ending balance that made a nonzero payment are classified as paying the full account balance. Payment behavior shares do not sum to 100 percent because the following situations are not shown:  active accounts with a zero or negative cycle ending balance and zero payment in the current and previous months, active accounts with missing payment or cycle ending balance information, and active accounts that made no payment or a payment that was less than the minimum. Active credit card accounts are defined as credit card accounts that are open and have had debit, credit, or balance activity in the last 12 months.

The total origination balances provided by new credit card accounts. Quarterly credit card originations represent the sum of origination balances in the given quarter. Dollar originations are calculated based on the new account’s original credit limit.

The total number of new credit card originations. This is the count of new accounts in the given quarter.

The 50th, 75th, and 90th percentile credit limits among credit cards originated in the observed quarter. The original credit limit is the available credit limit at the time of origination.

The 10th, 25th, and 50th percentile original credit scores among credit card originations. The original credit score is the commercially available credit score at origination for the primary account holder. If a commercially available credit bureau score was not obtained during the origination process, the institution is instructed to map the internal credit score used to evaluate the primary account holder's creditworthiness at origination to a commercially available credit bureau score. The source of the original credit score may vary by FR Y-14M reporting firm and even within the firm's reporting. Only credit card accounts with original credit scores between 150 and 950 are included in the original credit score percentile calculations.

This is the total outstanding balance for first-lien closed-end loans secured by 1-4 family residential real estate. Includes both first-lien mortgages and first-lien home equity loans, for portfolio mortgages only. Reported balances are as of quarter end.

This is the total count of first lien mortgage loans among firms included in the reporting panel. Includes both first-lien mortgages and first-lien home equity loans, for portfolio mortgages only.

The 50th, 75th, and 90th percentile account balances among outstanding first lien mortgages.

The 10th, 25th, and 50th percentile credit scores among outstanding first liens. The current credit score is the most recently determined commercially available credit score of the primary borrower on the mortgage loan. The credit score provider may vary by FR Y-14M reporting firm and even within the firm's reporting. Only mortgage accounts with credit scores between 150 and 950 are included in the current credit score percentile calculations.

The 50th, 75th, and 90th percentile back-end debt-to-income ratios. The back-end DTI ratio is the percentage of a borrower's monthly income that would go toward all the borrower's debt obligations. The total monthly debt payments (including proposed housing expenses) are divided by the total monthly income of the borrower. Back-end DTI is reported at origination.

The 50th, 75th, and 90th percentile front-end debt-to-income ratios. The front-end DTI ratio is the percentage of a borrower's monthly income that would go toward housing expenses. The total housing liabilities of the borrower, including the monthly principal, interest, taxes, insurance, association dues, etc., are divided by the total monthly income of the borrower. Front-end DTI is reported at origination.

The 50th, 75th, and 90th percentile original loan-to-value ratios. The original LTV ratio is the original loan amount divided by the lesser of the selling price or the appraised value of the property securing the mortgage at origination. Only mortgage accounts with LTV values greater than 0 percent and less than 125 percent are included in the original LTV percentile calculations.

Share of first lien accounts 30 or more, 60 or more, and 90 or more days past due. All past due active mortgages are included in the days past due calculations, including foreclosures. Borrowers who qualify for forbearance and stop making payments are also recorded as past due for all past due rate calculations. Days past due rates are presented using both dollars (balance based) and the number of accounts (accounts based).^{1, 2}

Share of first lien balances 30 or more, 60 or more, and 90 or more days past due. All past due active mortgages are included in the days past due calculations, including foreclosures. Borrowers who qualify for forbearance and stop making payments are also recorded as past due for all past due rate calculations. Days past due rates are presented using dollars (balance based).^{1, 2}

The total balances carried by new first lien originations. Quarterly first lien originations represent the sum of origination balances in the given quarter.

The total number of new first lien originations. This is the count of new accounts in the given quarter

The 50th, 75th, and 90th percentile first lien loan sizes originated in the observed quarter.

The 10th, 25th, and 50th percentile credit scores among first lien originations. The original credit score is the credit score at origination for the borrower using a commercially available credit score. The original credit score provider may vary by FR Y-14M reporting firm and even within the firm's reporting. Only mortgage accounts with credit scores between 150 and 950 are included in the original credit score percentile calculations.

The 50th, 75th, and 90th percentile back-end debt-to-income ratios among first lien originations. The back-end DTI ratio is the percentage of a borrower's monthly income that would go toward all the borrower's debt obligations. The total monthly debt payments (including proposed housing expenses) are divided by the total monthly income of the borrower. Back-end DTI is reported at origination.

The 50th, 75th, and 90th percentile front-end debt-to-income ratios among first lien originations. The front-end DTI ratio is the percentage of a borrower's monthly income that would go toward housing expenses. The total housing liabilities of the borrower, including the monthly principal, interest, taxes, insurance, association dues, etc., are divided by the total monthly income of the borrower. Front-end DTI is reported at origination.

The 50th, 75th, and 90th percentile loan-to-value ratios among first lien originations. The original LTV ratio is the original loan amount divided by the lesser of the selling price or the appraised value of the property securing the mortgage at origination. Only mortgage accounts with LTV values greater than 0 percent and less than 125 percent are included in the original LTV percentile calculations.