Home Equity Loans Are the Fastest Growing Asset Class on Financial Institutions' Balance Sheets
| Year |
Quarter |
All Assets Percent Change from a Year Ago |
Home Equity Lines of Credit Percent Change from a Year Ago |
| 1992 |
2 |
-1.71 |
3.98 |
| 3 |
-1.17 |
2.23 |
| 4 |
-0.37 |
-0.18 |
| 1993 |
1 |
-0.01 |
0.42 |
| 2 |
1.62 |
0.03 |
| 3 |
2.41 |
-2.18 |
| 4 |
3.54 |
-3.43 |
| 1994 |
1 |
6.59 |
-4.61 |
| 2 |
6.36 |
-3.08 |
| 3 |
5.61 |
-0.55 |
| 4 |
6.16 |
2.85 |
| 1995 |
1 |
6.38 |
4.65 |
| 2 |
9.25 |
6.49 |
| 3 |
9.94 |
6.01 |
| 4 |
9.88 |
5.02 |
| 1996 |
1 |
6.47 |
2.38 |
| 2 |
5.06 |
2.09 |
| 3 |
5.17 |
2.83 |
| 4 |
5.70 |
5.78 |
| 1997 |
1 |
7.27 |
9.78 |
| 2 |
7.56 |
10.82 |
| 3 |
7.83 |
13.10 |
| 4 |
8.19 |
11.63 |
| 1998 |
1 |
8.79 |
8.47 |
| 2 |
7.09 |
4.48 |
| 3 |
7.28 |
0.59 |
| 4 |
7.46 |
-1.89 |
| 1999 |
1 |
5.26 |
-1.40 |
| 2 |
5.19 |
-4.49 |
| 3 |
4.38 |
1.02 |
| 4 |
4.85 |
6.96 |
| 2000 |
1 |
7.05 |
13.58 |
| 2 |
8.60 |
24.92 |
| 3 |
9.21 |
25.43 |
| 4 |
8.63 |
24.25 |
| 2001 |
1 |
8.45 |
20.97 |
| 2 |
6.99 |
17.92 |
| 3 |
7.90 |
20.11 |
| 4 |
5.47 |
22.29 |
| 2002 |
1 |
3.30 |
29.26 |
| 2 |
4.80 |
38.96 |
| 3 |
5.13 |
38.15 |
| 4 |
6.08 |
39.11 |
| 2003 |
1 |
8.92 |
38.31 |
| 2 |
9.96 |
32.03 |
| 3 |
7.31 |
31.10 |
| 4 |
4.07 |
34.95 |
| 2004 |
1 |
5.23 |
36.34 |
| 2 |
4.75 |
40.78 |
| Source: FDIC |