A photothermographic material is described, which comprises a support having provided on at least one side thereof a photosensitive silver halide, a photo-insensitive organic silver salt, a reducing agent for silver ion and a binder, wherein at least one layer constituting the photothermographic material comprises an oxazoline compound, by which sufficiently high image density is developed within practically feasible reaction time and temperature, and sufficiently suppressed background coloration is exhibited when stored for a prolonged period after development processing.