FRB: E.15 Release--B.3. Charge-offs of Non-real-estate Farm Loans--March 31, 2009

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)
Year	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	150	12	20	42	75	.269	.022	.037	.074	.129

   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.