The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the first quarter (1Q/16) decreased 3 basis points (bps) sequentially (QTQ), but up 6 bps year-on-year (YOY).
On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 1Q/16, declined 7 bps QTQ and up 6 bps YOY.
Compared to two years ago, the SA delinquency ratio is down 17 bps, and the NSA delinquency ratio is down 16 bps.
According to the Federal Reserve, the top 100 U.S. banks posted a 30+ day SA delinquency rate of 2.11% for 1Q/16, compared to 2.14% in 4Q/15, and 2.05% for 1Q/15.
On a NSA basis the top 100 U.S. banks posted a 30+ day delinquency rate of 2.14% for 1Q/16, compared to 2.21% in 4Q/15, and 2.08% for 1Q/15.
Source: Federal Reserve
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