Bank Home Equity Loan Performance Continues to Strengthen and Remains Much Improved Compared to the Rest of the Industry
Year Quarter Home Equity Lines of Credit Past-due Loans Past-due and nonaccrual draws to total loans Total Loans and Leases Past-due Loans Past-due and nonaccrual draws to total loans
1996 1 1.37% 2.51%
2 1.24% 2.38%
3 1.33% 2.40%
4 1.39% 2.41%
1997 1 1.38% 2.41%
2 1.25% 2.21%
3 1.25% 2.19%
4 1.35% 2.23%
1998 1 1.29% 2.20%
2 1.20% 2.04%
3 1.24% 2.07%
4 1.34% 2.14%
1999 1 1.14% 2.09%
2 1.05% 1.96%
3 1.03% 2.03%
4 1.02% 1.98%
2000 1 1.04% 1.97%
2 0.97% 1.93%
3 1.11% 2.04%
4 1.24% 2.24%
2001 1 1.18% 2.29%
2 1.11% 2.33%
3 1.18% 2.54%
4 1.06% 2.61%
2002 1 0.88% 2.58%
2 0.79% 2.47%
3 0.81% 2.52%
4 0.79% 2.53%
2003 1 0.71% 2.41%
2 0.66% 2.25%
3 0.64% 2.13%
4 0.60% 2.13%
2004 1 0.57% 1.86%
2 0.51% 1.70%
Source: FDIC