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FIXnotes

States with the biggest quarterly rise in weighted nonperforming ratio

U.S. states whose institution-weighted nonperforming-loan ratio grew the most quarter-over-quarter — surfaces regions where stress is building across the local banking landscape.

Q4 202510 states
In Q4 2025, 10 geographies met hotspot criteria. OK led with 3.95% concentration across 228 institutions, rising +0.68pp quarter-over-quarter. NH and AZ followed, each increasing +0.32pp and +0.19pp respectively.
Sorted by QoQ Δ (weighted NPL %) Export CSV
U.S. states ranked by quarterly change in institution-weighted nonperforming-loan ratio. Source: FFIEC + NCUA.
RankStateWeighted NPL %QoQ ΔInstitutionsTotal nonperforming
1OK3.95% +0.7228$5.9B
2NH0.95% +0.329$228.5M
3AZ1.70% +0.246$2.2B
4DC1.00% +0.233$92.3M
5AR0.79% +0.1126$1.0B
6ID0.64% +0.136$178.5M
7PR2.03% +0.18$992.9M
8WA0.70% +0.1106$944.9M
9VA1.57% +0.1152$12.5B
10MI0.85% +0.1247$1.1B

Methodology

We rank U.S. states by the quarter-over-quarter change in institution-weighted nonperforming-loan ratio. The weighting is by total loans, so larger institutions move the state-level number more. The minimum delta threshold is 0 (we surface any state in positive territory). Underlying institution-level inputs: bank-side nonperforming volumes — FFIEC Call Report Schedule RC-N line 9, 90+ days past due col B (RCFD1407 / RCON1407) plus nonaccrual col C (RCFD1403 / RCON1403); bank-side total loans denominator — Schedule RC-C line 12 (RCFD2122 / RCON2122). CU-side 60+ delinquent volumes — NCUA ACCT_041B (direct aggregate); CU-side total loans denominator — NCUA ACCT_025B. Each institution's per-quarter ratio is computed inline (numerator / denominator) and then aggregated by HQ state with institution-weighted average. Cross-type comparability: state aggregates blend bank "non-current" and CU "60+ delinquent" — LCD approximations, not equivalents. Methodology updated 2026-03-31: bank institution-level nonperforming volumes underlying the state weighting now source directly from FFIEC Call Report Schedule RC-N rather than BankFind ratio-derived approximation. Read the methodology update note at /blog/npl-explorer-fdic-cdr-direct-sourcing.

Learn more about Hotspot States