B.3. Net Charge-offs of Non-real-estate Farm Loans Held by Insured Commercial Banks
| Year | Estimated volume (billions of dollars) |
Share of outstanding farm production loans (percent) |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Total | Q1 | Q2 | Q3 | Q4 | Total | Q1 | Q2 | Q3 | Q4 | |
| 1997 | 93 | 6 | 19 | 19 | 50 | .230 | .014 | .049 | .045 | .112 |
| 1998 | 87 | 4 | 15 | 24 | 45 | .198 | .008 | .036 | .051 | .095 |
| 1999 | 126 | 18 | 37 | 35 | 36 | .280 | .040 | .086 | .078 | .080 |
| 2000 | 108 | 11 | 17 | 34 | 45 | .259 | .027 | .041 | .075 | .098 |
| 2001 | 308 | 67 | 53 | 140 | 48 | .656 | .142 | .118 | .294 | .101 |
| 2002 | 221 | 40 | 50 | 58 | 73 | .471 | .085 | .114 | .124 | .157 |
| 2003 | 175 | 34 | 35 | 48 | 58 | .382 | .074 | .080 | .108 | .128 |
| 2004 | 129 | 28 | 17 | 46 | 38 | .284 | .062 | .039 | .099 | .081 |
| 2005 | 59 | 8 | 16 | 12 | 24 | .124 | .017 | .035 | .026 | .048 |
| 2006 | 73 | 9 | 7 | 23 | 34 | .146 | .018 | .015 | .045 | .064 |
| 2007 | 90 | 8 | 13 | 23 | 47 | .170 | .014 | .025 | .042 | .085 |
| 2008 | n.a. | 12 | 20 | n.a. | n.a. | n.a. | .022 | .037 | n.a. | n.a. |
Note. Components might not sum to totals because of rounding. Reported amounts are adjusted to exclude foreign results for large banks that report farm net charge-offs on a consolidated basis and for small banks that are allowed to report net charge-offs according to their internal definition of agricultural loans. Quarterly data are as of end of quarter. n.a. Not available.