U.S. household debt rises to $12.25 trillion in first quarter: New York Fed

That was an increase of $136 billion from the fourth quarter of 2015 and $401 billion more than one year ago, the New York Fed said.

Mortgage balances also rose to $8.37 trillion, a $198 billion increase from a year ago, the survey showed.

Student loan debt stood at $1.26 trillion, up $72 billion from a year ago, while auto loan debt increased to $1.07 trillion, a rise of $103 billion over the same period.

(Reporting by Lindsay Dunsmuir; Editing by Paul Simao)