The 30+ day delinquency rate, seasonally adjusted (SA), among the top 100 U.S. banks for the second quarter (2Q/16) increased 5 basis points (bps) sequentially (QTQ), and up 9 bps year-on-year (YOY).
On a not seasonally adjusted basis (NSA), the delinquency rate among the top 100 U.S. banks for 2Q/16, declined 8 bps QTQ and up 11 bps YOY.
Compared to two years ago, the SA delinquency ratio is down 6 bps, and the NSA delinquency ratio is down 5 bps.
According to the Federal Reserve, the top 100 U.S. banks posted a 30+ day SA delinquency rate of 2.20% for 2Q/16, compared to 2.15% in 1Q/16, and 2.11% for 2Q/15.
On a NSA basis the top 100 U.S. banks posted a 30+ day delinquency rate of 2.06% for 2Q/16, compared to 2.14% in 1Q/16, and 1.95% for 2Q/15.
Source: Federal Reserve
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