More non-green shoots courtesy of the American Bankers Association.

Reuters: Fallout from a still deteriorating housing market caused the rate of consumer loan payments at least 30 days late to rise to 3.23 percent in the January-to-March period from 3.22 percent in the 2008 fourth quarter, the American Bankers Association said.

Delinquencies were the highest since the ABA began tracking the data in 1974. Late payments on home equity borrowings set records, rising to 3.52 percent from 3.03 percent on loans and to 1.89 percent from 1.46 percent on lines of credit.

Credit card delinquencies also broke a record, with delinquencies jumping to 6.6% -- a number that understates the severity of the problem since, as Reuters notes, it doesn't take into account bank-issued cards.

What's the problem? Jobs jobs jobs.