B.3. Net Charge-offs of Non-real-estate Farm Loans Held by Insured Commercial Banks
_____________________________________________________________________________________________________________
                                                                                                             
                                 Estimated volume                 Share of total non-real-estate farm loans
                              (millions of dollars)                               (percent)
                      ______________________________________     ____________________________________________

Year                  Total     Q1      Q2      Q3       Q4      Total      Q1        Q2        Q3       Q4
_____________________________________________________________________________________________________________
                                                                                                             
1993......    |          54       7      16       5       26      .155      .020      .049     .014      .069
1994......    |          69      10      11      15       33      .187      .026      .032     .037      .082
1995......    |          51      -2      14      13       25      .131     -.004      .039     .032      .061
1996......    |          95      16      27      24       30      .240      .039      .070     .058      .071
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......    |        n.a.      28      17      46     n.a.      n.a.      .062      .039     .099      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.

23