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The number is not that bad. Comparing to US Bank Nonperforming loans ratio,

Quarter Total Loans Nonperforming Perc 2013 Q1 7,658,238,093,000 261,202,393,000 3.41 2013 Q2 7,732,341,313,000 239,430,499,000 3.10 2013 Q3 7,802,034,024,000 221,209,596,000 2.84 2013 Q4 7,893,109,125,000 207,256,779,000 2.63 2014 Q1 7,930,820,793,000 195,236,127,000 2.46 2014 Q2 8,109,181,723,000 181,567,784,000 2.24 2014 Q3 8,160,095,554,000 171,922,840,000 2.11 2014 Q4 8,309,545,800,000 162,654,076,000 1.96 2015 Q1 8,362,016,000,000 152,966,093,000 1.83 2015 Q2 8,546,950,627,000 144,686,145,000 1.69 2015 Q3 8,642,299,288,000 139,164,401,000 1.61 2015 Q4 8,839,565,653,000 137,835,965,000 1.56

Source: http://www.bankregdata.com/allAQmet.asp?met=NPL



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