C.1. Non-real-estate Farm Lending Compared with a Year Earlier Percent ___________________________________________________________________________________________________________________________________________ Demand for loans Funds availability Loan repayment rate Renewals or extensions Collateral required ______________________________________________________________________________________________________________________________ Quarter Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher ___________________________________________________________________________________________________________________________________________ Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 13 54 32 13 72 14 11 76 13 15 74 10 1 92 7 Q3... | 15 55 30 18 67 15 18 76 6 5 73 22 1 86 13 Q4... | 16 48 36 13 65 22 20 70 10 13 68 19 1 85 14 2006: Q1... | 9 51 40 16 66 18 22 70 8 11 66 23 1 86 13 Q2... | 20 45 35 17 66 17 22 71 7 6 74 20 2 81 17 Q3... | 13 49 38 18 68 13 19 75 6 7 71 22 2 89 9 Q4... | 20 51 29 9 65 26 8 53 39 31 59 10 1 91 8 2007: Q1... | 14 45 41 8 72 21 6 57 37 28 62 10 1 88 10 Q2... | 14 50 36 10 66 24 5 72 23 23 70 7 1 92 7 ___________________________________________________________________________________________________________________________________________ Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 11 63 25 11 79 10 8 79 13 7 86 7 0 90 10 Q3... | 12 62 26 16 75 8 14 78 8 3 82 15 0 89 11 Q4... | 12 65 23 12 76 12 12 75 13 5 80 15 0 88 12 2006: Q1... | 11 62 27 12 75 13 12 79 9 4 83 13 0 87 13 Q2... | 14 55 31 16 75 9 19 76 5 3 79 18 0 87 13 Q3... | 12 61 28 15 75 10 19 77 4 2 80 18 0 89 11 Q4... | 14 68 18 8 79 13 11 72 17 7 79 14 0 89 11 2007: Q1... | 14 65 21 5 78 17 9 76 15 7 79 14 0 91 8 Q2... | 11 62 27 10 75 14 7 76 17 7 82 11 0 92 8 ___________________________________________________________________________________________________________________________________________ Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 13 71 16 2 82 16 2 86 12 10 85 5 1 93 7 Q3... | 11 68 21 3 83 14 6 86 8 9 83 8 0 91 9 Q4... | 14 70 16 2 82 16 8 79 12 12 76 12 0 91 9 2006: Q1... | 25 61 13 1 72 26 10 71 19 19 69 12 0 89 11 Q2... | 20 65 15 2 81 17 10 82 7 10 79 11 0 92 8 Q3... | 25 52 23 3 82 15 17 78 6 7 75 18 1 93 6 Q4... | 14 67 19 2 76 22 18 74 8 5 81 14 0 94 6 2007: Q1... | 13 61 26 4 77 18 17 76 7 11 73 15 0 94 6 Q2... | 9 69 22 2 82 16 6 87 7 10 80 11 0 96 3 ___________________________________________________________________________________________________________________________________________ 31 C.1. Non-real-estate Farm Lending Compared with a Year Earlier (continued) Percent ___________________________________________________________________________________________________________________________________________ Demand for loans Funds availability Loan repayment rate Renewals or extensions Collateral required ______________________________________________________________________________________________________________________________ Quarter Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher ___________________________________________________________________________________________________________________________________________ Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 5 61 34 7 86 7 9 80 12 5 88 7 0 96 4 Q3... | 10 60 30 11 84 4 16 79 5 3 79 18 0 95 5 Q4... | 15 59 26 6 78 16 16 59 25 15 72 13 0 96 4 2006: Q1... | 13 53 34 9 78 13 20 67 13 8 68 24 0 91 9 Q2... | 9 50 41 16 78 6 19 79 2 3 78 19 0 91 9 Q3... | 16 56 29 11 82 7 27 70 2 2 78 21 0 89 11 Q4... | 25 53 22 8 73 19 23 60 18 8 72 19 0 92 8 2007: Q1... | 16 52 33 3 80 17 16 61 23 7 68 25 0 94 6 Q2... | 14 49 37 4 87 9 10 77 13 7 79 14 1 91 8 ___________________________________________________________________________________________________________________________________________ Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 5 89 5 5 89 5 0 100 0 0 100 0 0 83 17 Q3... | 13 83 4 4 87 9 4 91 4 17 83 0 0 83 17 Q4... | 37 53 11 5 84 11 5 74 21 26 74 0 5 84 11 2006: Q1... | 27 59 14 0 91 9 0 91 9 18 82 0 0 81 19 Q2... | 24 71 5 10 86 5 14 86 0 10 90 0 0 89 11 Q3... | 42 53 5 5 79 16 0 95 5 5 89 5 5 79 16 Q4... | 38 57 5 n.a. 86 0 n.a. n.a. n.a. 19 67 14 5 85 10 2007: Q1... | 26 63 11 n.a. 80 5 n.a. n.a. n.a. 15 80 5 0 85 15 Q2... | 37 63 0 n.a. 84 0 n.a. n.a. n.a. 0 95 5 0 100 0 ___________________________________________________________________________________________________________________________________________ Twelfth (San Francisco) Federal Reserve District (AL, AZ, CA, HI, ID, NV, OR, UT, WA) ___________________________________________________________________________________________________________________________________________ 2005: Q2... | 21 50 29 0 88 13 8 88 4 4 79 17 4 92 4 Q3... | 10 67 24 0 90 10 10 71 19 5 57 38 0 95 5 Q4... | 18 55 27 0 82 18 18 50 32 9 82 9 0 95 5 2006: Q1... | 13 57 30 4 78 17 23 64 14 0 87 13 0 83 17 Q2... | 9 70 22 9 78 13 26 65 9 4 78 17 0 91 9 Q3... | 9 59 32 9 77 14 9 82 9 9 82 9 0 82 18 Q4... | 5 60 35 10 75 15 10 75 15 0 80 20 0 90 10 2007: Q1... | 10 62 29 5 76 19 14 62 24 14 67 19 0 86 14 Q2... | 16 68 16 0 100 0 10 75 15 10 75 15 0 95 5 ___________________________________________________________________________________________________________________________________________ * State falls only partly within the indicated Reserve District. n.a. Not available. Source. Federal Reserve Bank quarterly surveys of agricultural credit conditions at commercial banks. 32