Federal Reserve Statistical Release E.15 (125)

Board of Governors of the Federal Reserve System
Agricultural Finance Databook

Second Quarter 2004

Contents                                                                                        Page

A.  Amount and Characteristics of Farm Loans Made by Commercial Banks  . . . . . . . . . . . . .  2
Summary charts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  3
Tables
A.1.       Number of Non-real-estate Bank Loans  . . . . . . . . . . . . . . . . . . . . . . . .  5
A.2.       Average Size of Non-real-estate Bank Loans  . . . . . . . . . . . . . . . . . . . . .  6
A.3.       Volume of Non-real-estate Bank Loans  . . . . . . . . . . . . . . . . . . . . . . . .  7
A.4.       Average Maturity of Non-real-estate Bank Loans  . . . . . . . . . . . . . . . . . . .  8
A.5.       Average Effective Interest Rates on Non-real-estate Bank . . . . . . .. . . . . . . .  9
A.6.       Share of Non-real-estate Bank Loans with a Floating Interest Rate  . . . . . . . .. .  10
A.7.       Distribution of Dollar Amount of Non-real-estate Farm Loans . . . . . . . . . . . . .  11
A.8-A.13.  Characteristics of  Bank Loans to Farmers . . . . . . . . . . . . . . . . . . . . . .  12
A.14.      Regional Disaggregation of Survey Results . . . . . . . . . . . . . . . . . . . . . .  19

B.  Selected Statistics from the Quarterly Reports of Condition of Commercial Banks  . . . . . .  20
Tables
           Commercial banks
B.1.       Farm Debt Outstanding at Commercial Banks . . . . . . . . . . . . . . . . . . . . . .  21
B.2.       Delinquent Non-real-estate Farm Loans Held by Insured Commercial Banks  . . . . . . .  22
B.3.       Net Charge-offs of Non-real-estate Farm Loans Held by Insured Commercial Banks  . . .  23
B.4.       Delinquent Real Estate Farm Loans Held by Insured Commercial Banks. . . . . . . . . .  24
B.5.       Net Charge-offs of Real Estate Farm Loans Held by Insured Commercial Banks. . . . . .  25

           Agricultural banks
B.6.       Distribution of Agricultural Banks by the Share of Their Total Loans that are
           Nonperforming . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  26
B.7.       Selected Measures of Financial Performance of Agricultural and Other Small Banks  . .  27
B.8.       Average Loan-Deposit Ratios at Agricultural Banks in Selected Federal Reserve
           Districts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .  28
B.9.       Number of Agricultural Bank Failures  . . . . . . . . . . . . . . . . . . . . . . . .  29

C.  Reserve Bank Surveys of Farm Credit Conditions and Farm Land Values  . . . . . . . . . . . .  30
Tables
C.1.       Non-real-estate Farm Lending Compared with a Year Earlier . . . . . . . . . . . . . .  31
C.2.       Expected Farm Loan Volume for the Next Quarter. . . . . . . . . . . . . . . . . . . .  33
C.3.       Indicators of Relative Credit Availability  . . . . . . . . . . . . . . . . . . . . .  34
C.4.       Average Fixed Interest Rates on Farm Loans  . . . . . . . . . . . . . . . . . . . . .  36
C.5.       Average Variable Interest Rates on Farm Loans . . . . . . . . . . . . . . . . . . . .  38
C.6.       Trends in Farm Real Estate Values and Loan Volume . . . . . . . . . . . . . . . . . .  39
C.7.       Local Trends in Farm Income and Expenditures as Reported in Each Region . . . . . . .  41
