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a January 1981 E m anuel M elichar Paul T. Balides AGRICULTURAL FINANCE DATABOOK Quarterly Series Division of Research and Statistics Board of Governors of the Federal Reserve System Washington, D.C. 20551 Not for general distribution. Inquiries should be addressed to the authors. 2 JANUARY 1981 AGRICULTURAL FINANCE DATABOOK— QUARTERLY SERIES PAGE SECTION 100 OUTSTANDING FARM DEBT.......................................... ...3 200 FARM LENDING OPERATIONS AND EXPERIENCE OF NONBANK INSTITUTIONS ...8 300 AGRICULTURAL BANKING DATA...................................... ..34 900 FARM INCOME AND EXPENSES....................................... ..55 -NOTICEThis Issue Includes a new table of data from the quarterly survey of the terms of non-real-estate farm lending by insured commerical banks: Table 332, Amount, number, and average maturity cf loans made (page 36). Note that these data cover only one week of each quarter and are based on a stratified smaple of only about 190 banks. Nevertheless, they constitute the only current national statistics on the gross flow of bank loans to farmers. Rough annual estimates of these flows can be made by summing data for four quarters and multiplying by 13. Two comments about the new data on average maturity of bank loans (Table 332.3) may be useful. First, this statistic is subject to considerable sampling variability, as explained in an article, "New Survey of Terms of Bank Lending to Farmers," in the May 1978 issue of the Agricultural Finance Review. Second, note that the maturity series by purpose of loan show no reduction over the 1977-1980 period in average maturity of loans for any of the four specified farm purposes. The reduction in overall average maturity of all loans has been con centrated in loans for "other" purposes. In Table 331, interest rates shown for "large" and "other" banks for the period 1977-Q1 through 1979-Q3 have been corrected. AGRICULTURAL FINANCE DATABOOK — QUARTERLY SERIES 100 JANUARY 1981 OUTSTANDING FARR DEBT 111 TOTAL DEBT 111.1Q 111.2Q 111.3Q 111. 4Q 111*5C 111* OQ AMOUNT............................................................ 4 CHANGE FBOH PREVIOUS QUARTER..................................... 4 PERCENTAGE CHANGE FROM PREVIOUS QUARTER....................... ...4 CHANGE FROM PREVIOUS YEAR...... 5 PERCENTAGE CHANGE FROM PREVIOUS YEAR............................. 5 PERCENTAGE DISTRIBUTION........ 5 112 REAL ESTATE AND NON-fiEAL-ESTATE DEBT TO REPORTING LENDING INSTITUTIONS 112. 1Q 112. 2Q 112.3Q 112.4Q 112.5Q 112.6Q SOORCES: AMOUNT................ *......................................... 6 CHANGE FBOH PREVIOUS QUARTER.....................................6 PERCENTAGE CHANGE FBOH PREVIOUS QUARTER......................... 6 CHANGE FROM PREVIOUS YEAR.... ................ ................... / PERCENTAGE CHANGE FROM PREVIOUS YEAR.................... *.......7 PERCENTAGE DISTRIBUTION........... -............................. 7 QUARTERLY REPOBTS OF CONDITION, AIL INSURED COMMERCIAL BANKS; "PRODUCTION CREDIT ASSOCIA1 IONS— SBL ECTEO MONTHLY LOAN DATA," SUPERVISORY DIVISION, FARM CREDIT ADMINISTRATION; "FEDERAL LAND BANKS— SUMMARY OF SELECTED MONTHLY LOAN DATA," TECHNICAL SERVICES DIVISION, FARM CREDIT ADMINISTRATION; "FARM CREDIT SYSTEM LOAN OPERATIONS," BANK SERVICES DIVISION, FARM CREDIT ADMINISTRATION; "GBOSS FLOW OF MORTGAGE LOANS IN THE UNITED STATES," AMERICAN COUNCIL OF LIFE INSURANCE; FINANCE OFFICE, FARMERS HOMB ADMINISTRATION, U.S.DEPARTMENT OF AGRICULTURE; ECONOMICS AMD STATISTICS SERVICE, U.S. DEPARTMENT OF AGRICULTURE. 4 TABLE 111Q PARR DE til OUTSTANDING | TOTAL DEBT 1 END OP 1 | TOTAL BEAL NON-BBALQUARTER | ESTATE ESTATE 1 1 1 1 1 51034. 39837. 1975-Q4.• | 90871. 1 1976-Q1.. -Q2.. — Q 3. » 1 *************************** 56589. 46155. -Q4.. | 102745. I 1977-Q1.. | *************************** -Q2.. | *************************** -Q3.. 63670. 55426. -C4.. | 119096. I 1978-Ql.. | ft************************** -Q2-. | *************************** -Q3.. | 136315. 71206. 65108. 1 1979-Q1.. | *************************** -Q2.. 1 *************************** -Q3.. 82516. 74933. -Q4.. | 157449. 1 1980-Q1.. | *************************** -Q2.. j *************************** -Q3.. 94965. 81922. -Q4.. | 176887. 1 1 1 1 1 1976-Q1«. -Q2.. j *************************** -C3.. —Q4» . I *************************** 1 1977— Q 1.• -Q2-. -Q3-. | *************************** -Q4.. 1 1978-Ql.. -Q2.. I *************************** -Q3.. j *************************** -Q4.. | 1 1979-Q1.. -Q2.. -Q3.. -Q4.. j * * * * * * * * * * * * * * * * * * * * * * * * * * v 1 1980-Q1.. -Q2.. | *************************** -C3.. ] *************************** -Q4.. j *************************** 1 1 1 1 1 1976-Q1.. | ************************* -Q2,. , ************************* “Q3. . | ************************* -Q4.. , ************************* a 1 1977-Q1•• , ************************* , *******,**************•** -Q2. . -Q3.. i ************************* , ****•«••**»*«•****•**•*** -Q4.. i 1978-Ql.. i ************************* “Q2- . , ************************* -Q3.. j ************************* -Q4.. , »**«*• ••• **********«•,*** BEAL ESTATE 111.1 25078. 18728. NON-BEAL-| ESTATE | 6350. | 26353. 27107. 6726. 5249. 358. 406. 183. 215. 1012. 26544. 28492. 29386. 29918. 23167. 29783. 30702. 31091. 6789. 6980. 7159. 7400. *************************** *************************** *************************** 30079. 21669. 8410. | 77630. | 33388. | 86947. | 89017. 30644. 32964. 33877. 3J434. 32268. 34334. 35353. 35290. 7615. 8116. 8452. 8819. 5393. 6539. 6832. 6984. 1211. 1436. 2433. 4489. *************************** | 91251. ***************************,| 96381. 100107. 33478. 23058. 10420. | 102836. 33322. 35182. 36472. 36647. 35978. 37894. 39394. 40080. 9183. 9691. 10095. 10478. 8052. 9609. 10435. 10388. 4716. 4006. 3711. 5243. 106182. *************************** | 113805. *************************** j 117191. 36857. 25137. 11720. | 120592. 36600. 38397. 39508. 39558. 41650. 44539. 46505. 48436. 10907. 11461. 11842. 12165. 11385. 14416. 15798. 15932. 5639. 4993. 3538. 4500. 125420. 130796. *************************** | 131845. 43030. 29030. 14000. | 133857. 38999. 39491. 40084. 40083. 51284. 54631. 55537. 56479. 12394. 12664. 12712. 12828. 17737. 19461. 20009. 20090. 5006. 4549. 3503. 4377. CHANGE PROR PREVIOUS QUARTER* BILLIONS OF' DCLLABS *************************** | *************************** | 1458. 3866. 2181. 1881. 191. 1948. 894. 532. 1060. 1616. 919. 389. 63. 191. 179. 242. 96. 334. 157. -78. 48. -223. 32. 797. 2452. 5758. 3559. 2070. 726. 2320. 913. -443. 1177. 2066. 1019. -63. 215. 501. 336. 367. 135. 64 6. 293. 152. 199. 224. 998. 2056. *************************** j *************************** | 2234. 5130. 3726. 2730. -112. 1860. 1290. 175. 688. 1916. 1500. 687. 364. 507. 404. 383. 1068. 1557. 826. -4 7 . 227. -710. -295. 1532. *************************** | 3345. 7623. 3386. 3401. -47. 1797. 1111. 50. 1569. 2889. 196b. 1931. 429. 553. 382. 323. 997. 3031. 1382. 134. 397. -646. -1455. 963. 4828. 5377. 1049. 2012. -559. 492. 593. 2847. 3348. 906. 942. 229. 270. 48. 115. 1805. 1724. 548. 81. 505. -457. -1046874. *************************** | *************************** | *************************** | *************************** | ___ 111.3 -1 . PERCENTAGE CHANGE FBOM PBEVIOOS QUABIEB | *******41***************** ************************* | 1 ************************* 1 ************************* ************************* 1 1 ************************* ************************* 1 1 ************************* ************************* ************************* 1 , »**«*******•*•*•*•**•*«*• , ************************* J ________ — -J ************************* **••*•*•••*•**•*****••*** 1 1 65793. 67250. *************************** j 71116. *************************** | 73297. 27566. 20266. 7300. | 75179. ************************* , i i I FABIIEBS c o b n o d i t t HOHE CBEDIT ADMINIS COBPOBTRATION . m a i .. 5345. 5679. 5836. 5758. 111.2 ************************* ************************* ************************* *«****•****•••*****•«••** TOTAL INSURED COOPER A21V E LIPE INSURANCE COMMERCIAL FABB COHPANIBS CREDIT BANKS SYSIEfl _ AMOUNTS IN IBILLIONS OP DOLLABS | | i -O '* .. TOTAL REPOSTING LENDING INSTITUTIONS | ************************* ************************* 1979-Q1.. , -Q2.. , -Q3.. i 1980-Q1.• -Q2.. -Q3.. -Q4. • INDIVIDUALS AND OTHEBS 2.2 5.7 3. 1 2.6 0.7 7.3 3. 1 1.8 3.9 5.7 3. 1 1.3 0.9 2.8 2.6 3.4 1.8 6.2 2.8 -1.3 13.3 -54.9 17.7 370.2 3.3 7. 4 4.3 2. 4 2.4 7. b 2.8 -1.3 3. 9 6.4 3.0 -0.2 2.9 4. 1 4.3 2.3 11.0 4.5 2.2 19.7 18.5 69.5 84.5 2.5 5.6 3.9 2.7 -0.3 5.6 3.7 0. 5 1.9 5.3 5 .5 4 .0 1.7 4.2 3.3 15.3 19. 3 5.0 -15. 1 -7.4 41.3 3.3 7.2 3.0 2.9 -0 . 1 3.9 6.9 4. 1 5.1 3.3 2.7 26.6 0. H 7.6 -11.5 -29. 1 27.2 4.0 4.3 0.8 1.5 -1 .4 1.9 2.2 0.4 0.9 11.3 9. 7 2.8 0. 4 11.2 -9.1 -23.0 25.0 4.9 2.9 0. 1 1. 3 1.5 -0 .0 4. 4 4.2 5.9 6. 5 1.7 1.7 b. 6 4. 1 8. 6 -0. 4 9. b 9.b 5 TABLE 11 IQ (CONTINUED) PABN DEBT OUTSTANDING TOTAL DEBT n o or Q0ABZ1I TOTAL HEAL ESTATE INDIVIDUALS AND OTHBBS | 1 _ 1 1 1 1 NON-BEAL-| TOTAL BEAL NON-BEAL-i ESTATE | ESTATE ESTATE | J 1 111.4 11874. 5555. *318. J 1 2488. 1538. 950. -Q2... -Q4... "C2i•. -Q3... -Q4... -Q4... -Q4... 14351. 17219. 21134. 19438. 7080. 7537. 11309. 12449. 9271. | 9682. J 2513. 3399. 9825. | 1 3379. 6989. | ... _ __ 1 6173. 1403. 1389. 2079. 3893. 111.5 1976-Q1... -Q2... -Q3... -Q4... 1977-Q1... -Q2... -Q3... -Q4... 1978-Q1... -Q2... -Q3... -Q4... 1979-Q1... -Q2... -Q3... -Q4... 1980-Q1... -Q2... -Q3... -Q4... *••*******•*••***•*••**«* 13.1 15.9 14.5 15.5 1243 10.9 12.5 11.8 15.9 15.1 15.9 20.1 17.5 15.1 1976-Q1... -Q2... -Q3... -Q4... 1977-Ql... -Q2... -Q3... -04... 1978-Q1... -Q2... —Q3. .« -Q4. -. 1110. 2010. 1300. 2280. 1 j ******* 8096. ******* | 9386. 1 10380. 12272. 13650. | 13838. 1 13620. 12993. 13160. | 13820. 1 14931. 17424. 17084. | 17755. 1 19238. 16991. 14654. | 13265. 1 3348. ******* 3565. 3624. 3785. 4089. 3984. 391. 435. 555. 674. 866. 543. 491. 509. ******* -15. 4100. 4472. 4491. 3516. 4101. 4551. 4651. 4200. 826. 1136. 1294. 1419. 548. 860. 996. 1226. 806. 1253. 2218. 3477. 2678. 2218. 2595. 3 213. 3710. 3560. 4041. 4790. 1568. 1575. 1643. 1659. 2159. 3070. 3603. 3404. 3504. 2570. 1278. 754- 3278. 3215. 3036. 2911. 5672. 6645. 7111. 8356. 1724. 1770. 1747. 1687. 3333. 4807. 5363. 5544. 924. 987. -173. -742. 2399. 1094. 576. 525. 9634. 10093. 9032. 8043. 1487. 1203. 870. 663. 6352. 5045. 4211. 4158. -633. -444. -35. -123. 13.3 ****** 13.5 14.8 14.6 15.4 14.7 6.1 6.6 8.4 10.0 19.3 10.6 9.2 9.7 ****** -7.5 ****** 182.8 15.4 15.7 15.3 11.8 14.6 15.3 15.2 13.5 12.2 16.3 18.1 19.2 10.3 15.1 17. 1 21.3 198.7 684.9 1030.6 343.7 8.7 6.7 7.7 9.6 11.5 10.4 11.4 13.6 20.6 19.4 19.4 18.8 36.6 46.9 52.7 46.7 289.4 179.0 52.5 16.8 9.8 9. 1 8.3 7.9 15.8 17.5 18.1 20.8 18.8 18.3 17.3 16.1 41.4 50.0 51.4 53.4 19.6 24.6 -4.7 -14.2 1 22.7 19.4 16.6 13.6 10.5 7.3 5.4 55.8 35.0 26.7 26.1 -11.2 -8.9 -1.0 -2.7 1 | 1 9.9 | 1 9.1 | 1 11.3 | 1 10.1 16.7 PABNEBS COHBODITY HONE CBEDIT ADJIINIS- COBPOBTBATION ATIOM 654. PEBCENTAGE CHANGE FBCH PBEVIOOS IEAB 8.2 15.0 6.9 15.2 6.4 23.9 9.0 12.5 15.5 19.5 ****** 12.8 ****** | 14.3 1 15.4 17.3 18.6 | 18.4 1 17.5 15.6 15.1 | 15.5 1 16.4 18. 1 17.1 | 17.3 I 18.1 14.9 12.5 | 11.0 1 6.6 2.8 1.5 1.3 2 T ,. .9.3 | _ 1 27.6 20.6 7.0 1 | 72.4 29.0 29.8 7.4 5.8 0.4 111.6 1975-Q4... TOTAL CHANGE fBOB PBEVIOOS IEAB, iBILLIONS OP DOLLABS 1 * -Q3... -Q4... BBPOBTZNG LENDING INSTITUTIONS 1NS0BE0 COOPEhATIVE LIPS CCNNABCIAL FAHH INSOBANCB CONPANIES BANKS CBEDIT SISTEN PEBCENTAGE Of 1TOTAL 100.0 56.2 43.8 i 1 1 100.0 55.1 44.9 | 1 26.8 19.7 7.1 | 1 73.2 29.1 30.3 7.2 5.6 1.0 100.0 53.5 46.5 | 25.3 18.2 7.1 | 11 74.7 28.1 29.6 7.4 5.9 3.8 100.0 52.2 47.8 | 24.6 16.9 7.6 | | 1 75.4 26.9 29.4 7.7 7.6 3.8 *••**•< 1 1 1979-Q1... -Q2... -Q3... -Q4... 100.0 52.4 47.6 23.4 16.0 7.4 | 11 76.6 25.1 30.8 7.7 10. 1 2.9 1980-Q1... -Q2... -Q3... —04.•• | i 1 100.0 53.7 46.3 | 24.3 16.4 7.9 | 75.7 22.7 31.9 7.3 11.4 2.5 ______ L - ____L 6 TABLE 112C 1 1 BID OF ) QUARTER | 1 1 1 1 L 1 1975-Q4. • • | FARM DEBT OUTSTANDING AT HEPORTIMG LENDING INSTITUTIONS BEAL ESTATE DEBT TOTAL TOTAL INSURED COMMERCIAL BANKS FEDEBAL LAND BANKS 112.1 FARMERS | HOME | ADMINIS-I IBAIICN 1 32306. 6224. IdO14. 6726. 3342. 67250. 71116, 73297. 75179. 33059. 34254. 35286. 36323. 6111. b343. 6504. 6712. 16700. 17403. 17982. 18524. 6789. 6980. 7159. 7400. 3459. 3528. 3641. 3687. 1977-Q1.■•| 77631. -Q2... | 83388. -Q3...| 86947. 89017. -Q4...| 1 1978-Ql...| 91251. “Q2...| 96381. -Q3.• • | 100107. -Q4...I 102837. 37688. 39501, 40870. 42001• 6977. 7342. 7607. 7730. 19331. 20190. 20874. 21466. 7615. 8116. 8452. 8619. 3765. 3853. 3937. 3985. 43428. 45274. 46924. 48148. 7902. 8189. 8418. 8467. 22234. 23131. 23939. 24668. 9183. 9691. 10095. 10478. 4109, 4264. 4472. 4535. 1979-Q1...J 106182. -Q2...I 113805. -Q3...I 117191. -Q4...| 120592. 1 19BQ-Q1...| 125420. -Q2...| 130796. -Q3...| 131845. -Q4... | 133857. II 1 11 1976-Q1...| 1458. -Q2...| 3866. ” 33. a a I 2181. -Q4...| 1881. 50574. 53458. 55708. 57379. 8504. 8628. 0695. 8554. 25851. 27261. 28430. 29725. 10907. 11461. 11842. 12165. 6740. 6934. 60161. 62833. 64407. 65935. 8518. 8436. 8488. 8556. 31603. 33681. 34852. 36032. 12394. 12604. 12712. 12828. 7645. 8052. 8355. 8519. 5312. 6108. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _L_ 33487. 20129. 10742. 352. 1907. 358. 34191. 36862. 38011. 38855. 20433. 22149. 22882. 23206. 11117. 12006. 12321. 12196. 350. 374. 398. 370. 1886. 2151. 2195. 2071. 406. 183. 215. 1012. 39943. 43887. 46077. 47016. 23667. 25622. 26270. 25704. 12583. 13749. 14069. 13454. 354. 395. 410. 370. 2128. 2686. 2895. 2999. 1211. 1436. 2433. 4489. 47822. 51107. 53183. 54688. 25420. 26993. 28054. 28180. 13427. 14312. 14955. 14901. 317. 451. 500. 511. 3943. 5345. 5963. 5853. 4716. 4006. 3711. 5243. 55607. 60347. 61484. 63213. 28096. 29769. 30813. 31004. 15381. 16688. 17452. 18045. 418. 589. 623. 666. 6073. 8308. 9058. 8998. 5639. 4993. 3538. 4500. 65259. 67963. 67438. 67922. 30481. 31055. 31596. 31527. 18953. 20195. 19911. 19636. 727. 755. 774. 811. 10092. 11409. 11655. 11571. 5006. 4549. 3503. 4377. CHANGE fEQN PREYIOUS QUARTER, MILLIONS OF DOLLARS 112.2 753. 1195. 1032. 1038. -113. 232. 161. 208. 686. 703. 579. 542. 63. 191. 179. 242. 117. 69. 113. 46. 1977-Q1...I -Q2..a| -Q3...I -Q4...| 2452. 5758. 3559. 2070. 1364. 1813. 1369. 1131. 265. 365. 265. 123. 807. 859. 684. 593. 215. 501. 336. 367. 78. 88. 84. 48. 1978-Q1...I -Q2... | -Q3...I 2234. 5130. 3726. 2730. 1427. 1846. 1649. 1225. 172. 287. 229. 49. 768. 897. 808. 729. 364. 507. 404. 38 3. 124. 155. 208. 63. 1979-Q1...| -Q2..a| -Q3...I -Q4... | 3345. 7623. 3386. 3401. 2426. 2884. 2250. 1671. 37. 124. 67. -141. 1183. 1410. 1169. 1295. 429. 553. 382. 323. 777. 796. 632. 194. 1980-Q1...t 4828. 53 77. 1049. 2012. 2782. 2 673. 1574. 1528. -36. -82. 52. 68. 1878. 2078. 1171. 1180. 229. 270. 48. 115. 711. 407. 303. 164. -Q3... I -Q4..-I I I I I I 1976-Q1,.. | -C2aa.| -Q3...I TOTAL INSURED PRODUCTION FEDEBAL FARMERS COBBOD1TY COMMERCIAL CREDIT INTERMEDI HO EE CREDZT BANKS ASSOCIA- ATE CREDIT ADMINIS CORPOR TRATION ATION _ *_ H O N S BANKS AMOUNTS IN MILLIONS OF DOLLARS 65793. 1976-Q1...| -02...1 -Q3.• . | NGN-REAL-ESTATE DEBT 1 LIFE INSURANCE COMPANIES 112.3 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 704. 2671. 1149. 844. 304. 1716. 733. 324. 376. 888. 316. -125. -2. 24. 24. -28. -21. 265. 44. -124. 48. -223. 32. 797. 1088. 3944. 2190. 939. 461. 1955. 648. -566. 387. 1166. 320. -615. -16. 41. 15. -40. 57. 558. 209. 104. 199. 224. 998. 2056. 806. 3284. 2077. 1505. -284. 1573. 1061. 126. -27. 885. 643. -53. -53. 134. 50. 10. 944. 1402. 618. -110. 227. -710. -295. 1532. 919. 4740. 1137. 1730. -84. 1673. 1044. 191. 480. 1307. 764. 592. -93. 172. 33. 44. 220. 2234. 750. -60. 397. -646. -1455. 963. 2046. 2704. -525. 484. -523. 574. 541. -69. 906. 1242. -284. -275. 61. 28. 19. 37. 1094. 1317. 246. -84. 505. -457. -1046. 874. PEBCBNTAGE CHANGE FBOH PBBVIOUS QUARTER 2.2 5.7 3.1 2.6 2.3 3.6 3.0 2.9 -1.8 3.8 2.5 3.2 4.3 4.2 3.3 3.0 0.9 2.8 2.6 3.4 3.2 1.3 2.1 7.8 3.1 2.2 1.5 8.4 3.3 1.4 3.5 8.0 2.6 -1.0 -0.6 6.9 6.5 -7.0 -1.1 14.1 2.0 -5.6 13.3 -54.9 17.7 370.2 1977-Q1...| -Q2,..| -Q3...| 3.3 7.4 4.3 2.4 3.8 4.8 3.5 2.8 3.9 5.2 3.6 1.6 4.4 4.4 3.4 2.8 2.9 6.6 4.1 4.3 2.1 2.3 2.2 1.2 2.8 9.9 5.0 2.0 2.0 8.3 2.5 -2.2 3.2 9.3 2.3 -4.4 -4.4 11.6 3.9 -9.8 2.8 26.2 7.8 3.6 19.7 18.5 69.5 84.5 1978-Q1.• • | -Q2...I -Q3..a| -Q4..a| 2.5 5.6 3.9 2.7 3.4 4.3 3.6 2.6 2.2 3.6 2.8 0.6 3.6 4.0 3.5 3.0 4.1 5.5 4.2 3.8 3.1 3.8 4.9 1.4 1.7 6.9 4.1 2.8 -1.1 6.2 3.9 0.4 -0.2 6.6 4.5 -0.4 -14.2 42.2 11.0 2.1 31.5 35.6 11.6 -1.8 5.0 -15.1 -7.4 41.3 1979-Q1...| -Q2..a| -Q3...J -Q4...| 3.3 7.2 3.0 2.9 5.0 5.7 4.2 3.0 0.4 1.5 0.8 -1.6 4.8 5.5 4.3 4.6 4.1 5. 1 3.3 2.7 17.1 15.0 10.3 2.9 1.7 6.5 1.9 2.8 -0.3 6.0 3.5 0.6 3.2 6.5 4.6 3.4 -18.2 41. 1 5.7 7.0 3.8 36.8 9.0 -0.7 7.6 -11.5 -29.1 27.2 1980-Q1...| -Q2...| “ Q3a a a j -Q4...J 4.0 4.3 0.8 1.5 4.8 4.4 2.5 2.4 -0.4 -1.0 0.6 0.8 6.3 6.6 3.5 3.4 1.9 2.2 0.4 0.9 10.3 5.3 3.8 2.0 3.2 4.1 -0.8 0.7 -1.7 1.9 1.7 -0.2 -1.4 -1.4 12.2 13.0 2.2 -0.7 11.2 -9.1 -23.0 25.0 L 3.5 2.0 J 6.6 i. 2 J. d 2.5 4.8 7 TABLE 112Q (CONTINUED) FARM DEBT OUTSTANDING AT REPORTING LENDING INSTITUTIONS REAL ESTATE DEBT END OF QUARTER TOTAL | TOTAL INSURED 00,18 EBCIA L BANKS FEDERAL LAND BANKS 112.4 *«**««* | ******* 8096. ) 3319. 1976-Q1... -y2. •. -Q3... -Q4... I 1 FARMERS I BONE | ADMINIS 1 TRATION NON-RBAL-ESTATE DEBT TOTAL INSURED PRODUCTION FEDENAL FARMERS COHEODITX CCHNERCIAL CREDIT IN TERN EDI- HOME CBBDIT BANKS ASSOCIA ATE CREDIT ADSINIS- CORPORTIONS BANKS TRAIION ATION CHANGE FRON PREVIOUS YEAR, BILLIONS OF DOLLARS ******* 4018. 253. ******* 488. 2521. 2465. 2464. 2510. 391. 435. 555. 674. 172. 166. 240. 345. 4777. **«•*«* 5366. 3095. ****«•« 3077. 1106. 1303. 1584. 1455. -3. 17. 41. 18. 694. 377. 251. 164. ******* | ******* 93B6. | ******* LIFE INSURANCE CONPANIES -15. 654. 1977-Q1... — Q2 • ■ • -Q3... -Q9... 10380. 12272. 13650. 13838. | | | | 4629. 5247. 5584. 5677. 8bb . 999. 1103. 1018. 2631. 2787. 2891. 2942. 826. 1136. 1294. 1419. 306. 325. 296. 298. 5752. 7025. 8066. 8161. 3234. 3473. 3388. 2498. 1466. 1743. 1748. 1258. 4. 21. 12. -0. 242. 535. 700. 928. 806. 1253. 2218. 3477. 1970-Q1... -Q2... -QJ. •• -Q4... 13620. 12993. 131o0. 13820. | | | | 5741. 5773. 6054. 6148. 925. 847. 811. 737. 2903. 2940. 3065. 3202. 1568. 1575. 1643. 1659. 344. 411. 535. 550. 7880. 7219. 7106. 7672. 1753. 1371. 1784. 2476. 844. 563. 085. 1447. -37. 5b. 91. 141. 1815. 2659. 3068. 2854. 3504. 2570. 1278. 754. 1979-Q1... -Q2... -Q3... -Q4... 14931. 17424. 17084. 17755. | | | J 7146. 8184. 8784. 9230. 602. 439. 277. 87. 3617. 4130. 4492. 5057. 1724. 1770. 1747. 1687. 1203. 1844. 2268. 2399. 7785. 9240. 8300. 8525. 2676. 2776. 2759. 2824. 1954. 2376. 2498. 3143., 101. 130. 122. 156. 2130. 2963. 3095. 3145. 924. 987. -173. -742. 19B0-Q1... 19238. 16991. 14654. 13265. | | | i 9586. 9375. 8700. 8556. 14. -192. -207. 2. 5752. 6420. 6422. 6307. 1487. 1203. 870. 663. 2333. 1944. 1615. 1585. 9652. 7616. 5954. 4709. 2385. 1286. 783. 523. 3572. 3507. 2459. 1592. 310. 166. 151. 144. 4019. 3101. 2597. 2573. -633. -444. -35. -123. -Q2... -QJ... -Q4... 112.5 J ****** | 12.8 J 10.7 4.2 14.3 | 12.4 1977-Q1... -Q2... -Q3... -Q4... 15.4 17.3 18.6 18.4 ) | | 197H-Q1•.• «Q2... -Q3... -Q4... 17.5 15.6 15.1 15.5 | | 1979-Q1... -Q2... -Q3... -Q4... 16.4 18.1 17.1 17.3 1980-Ql... -Q2... 18.1 14.9 12.5 <11.0 1976-Q1... -Q2... -Q3... -Q4... ****** 1 | | 1 t | | | | | | | ______ L -C3... -0.9 4. 3 11.4 5.3 58.2 21.3 12.9 8.6 ****** 15.3 11.0 12.2 14.8 13.5 16.8 19.1 21.2 21.0 15.8 15.7 14.8 10.8 13.2 14.5 14.2 10.3 1.2 5.6 3.0 -0. 1 12.8 24.9 31.9 44.8 198.7 684.9 1030.6 343.7 9.1 10.7 13.6 13.8 19.7 16.5 15.4 16.3 7.4 5.4 6.8 9.6 4. 1 6.3 10.8 6. 7 -10.4 14.2 22. 1 38. 2 85.3 99.0 106.0 95.2 209.4 179.0 52.5 16.8 18.8 18.3 17.3 16. 1 29.3 43.3 50.7 52.9 16.3 18.1 15.6 15.6 10.5 10.3 9.8 10.0 14.6 16.6 16.7 21. 1 31.7 30.7 24.4 30.4 54.0 55.4 51.9 53.7 19.6 24.6 -4.7 -14.2 13.6 10.5 7.3 5.4 43.9 31.8 24.0 22.9 17.4 12.6 9.7 7.4 8.5 4.3 2.5 1.7 23.2 74. 1 28. 1 24.3 21.7 66.2 37.3 28.7 28.6 -11.2 -8.9 -1.0 -2.7 1 .0 5 .7 1. 1 1.0 5 . 5 6. 1 6.6 3.4 10.0 5.2 4.9 7.1 10.3 ****** ****** 7.8 17.8 16.5 15.9 15.7 16.0 14.0 15.3 15.8 15.6 14.2 15.7 1 7.U 15.2 15.8 16.0 16. 1 15.9 12.2 16.3 18. 1 19.2 8.8 9.2 8.1 8.1 15.2 14.6 14.8 14.6 13.3 11.5 10.7 15.0 14.6 14.7 14.9 20.6 19.4 19.4 18.8 16.3 17.9 18.8 20.5 22.3 23.6 22.6 21.2 | ****** I PERCENTAGE CHANGE FROH PREVIOUS YEAR 16.5 18.1 18.7 19.2 19.0 17.5 15.6 14.9 9.5 7,6 5.4 3. 3 1.0 0.2 -2.2 -2. 4 0.0 1 9 7 5 - 0 4 . . . | ****** 1 9 7 6 - Q 1 . . . | ****** - Q 2 . . . | - Q 3 . . . ****** | ****** - Q 4 . . . | •••••* 1 9 7 7 - Q 1 . . . | * '* * • * • - Q 2 . . . I •*•••* - Q 3 . . . I * ***** - Q 4 . . . | ****** *••**• 1 9 7 8 - Q 1 . . . | — Q 2 . •« | ****** - Q J . . . i ****** - Q 4 . . . | *•**•• 1 9 7 9 - Q 1 . . . I - Q 2 — ****** | ****** - Q 3 . . . I ****** - Q 4 . . . | ****** 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ****** - Q 2 . . . I ****** - Q 3 . . . 1 ****** - Q 4 . . . | ****** -1 - 14. 1 8.8 182.6 1 1 0 0 .0 1 9 .3 4 9 .6 2 0 .8 1 0.3 1 0 0 .0 1 8 .5 5 0 .5 2 0 .5 1 0 .5 1 0 0 .0 1 8 .5 5 0 .8 20. 4 1 0 .3 1 0 0 .0 1 8 .4 5 1 .0 2 0. J 1 0 .3 1 0 0 .0 1 8 .5 5 1 .0 2 0 .4 1 0 .2 1 0 0 .0 1 8 .5 5 1 .3 2 0 .2 1 0 .0 1 0 0 .0 1 8 .6 5 1 .1 2 0 .5 9 .8 1 0 0 .0 1 8 .6 5 1 .1 2 0 .7 9 .6 1 0 0 .0 1 8 .4 5 1 . 1 2 1 .0 9 .5 1 0 0 .0 9 .5 1 0.2 5 1 .2 21. 1 1 0 0 .0 18. 1 5 1 .1 2 1 .4 9 .4 1 0 0 .0 1 7 .9 5 1 .0 2 1 .5 9 .5 1 0 0 .0 1 7 .6 5 1 .2 2 1 .8 9 .4 2 1 .6 1 0.5 1 0 0 .0 16. 1 5 1 .0 2 1 .4 1 1 .4 1 0 0 .0 1 5 .6 51*0 2 1 .3 12. 1 1 0 0 .0 1 4 .9 5 1 .8 2 1 .2 12.1 1 0 0 .0 1 6 .8 5 1 .1 i 1 9 0 O - Q 1 --------- | ' 21.0 -7.5 ****** PERCENTAGE OF TOTAL SP EC IF IE D DEBT 1 1 16.2 L 112.6 1 1 1 1 1 1 1 14.9 1 2 .7 1 0 0 .0 1 4 .2 5 2 .5 2 0 .6 1 0 0 .0 1 3 .4 5 3 .6 2 0 .2 1 2 .8 1 0 0 .0 1 3 .2 5 4 .1 1 9 .7 1 3 .0 1 0 0 .0 1 3 .0 5 4 .6 1 9 .5 1 2 .9 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 0 0 .0 6 0 .1 3 2 . 1 0 0 .0 5 9 .8 3 2 .5 1 1 .2 1 0 0 .0 6 0 .1 3 2 .6 1 .0 5 . 8 0 .5 1 0 0 .0 6 0 .2 3 2 .4 1 .0 5 . 8 0 .6 1 0 0 .0 5 9 .7 3 1 .4 1 .0 5 .3 2 .6 1 0 0 .0 5 9 .3 3 1 .5 0 .9 5 . 3 3 .0 100. 0 5 8 .4 3 1 .3 0 .9 6 .1 1 0 0 .0 5 7 .0 3 0 .5 0 .9 6 .3 5 .3 1 0 0 .0 5 4 .7 2 8 .6 0 .8 6 .4 9 .5 1 0 0 .0 3 .3 5 3 .2 2 8 . 1 0 .7 8 .2 1 0 0 .0 5 2 .8 2 8 .0 0 .9 1 0 .5 7 .8 1 0 0 .0 5 2 .7 28. 1 0 .9 1 1 .2 7 . 0 1 0 0 .0 5 1 . 5 2 7 .2 0 .9 1 0 .7 9 .6 2 7 .7 0 .8 1 0 .9 10. 1 9 .9 1 0 0 .0 5 0 .5 1 0 0 .0 4 9 -3 2 7 .7 1.0 1 3 .8 1 0 0 .0 5 0 . 1 2 8 .4 1 .0 1 4 .7 5 .8 1 0 0 .0 4 9 .0 2 6 .5 1. 1 1 4 .2 7 .1 100 .0 4 6 .7 6 .3 2 9 .0 1. 1 1 5 .5 7 .7 1 0 0 .0 4 5 .7 2 9 .7 1.1 1 6 .8 6 .7 1 0 0 .0 4 6 .9 2 9 . 5 1.1 1 7 .3 5 .2 100 .0 4 6 .4 2 8 .9 1 .2 1 7 .0 6 .4 8 AGRICULTURAL FINANCE DATABOOK — QUARTERLY SERIES 200 JANUARY 1981 FARM LENDING OPERATIONS AND EXPERIENCE OF NONBANK INSTITUTIONS 210 PBODUCTION CBEDIT ASSOCIATIONS 211 LOANS OUTSTANDING 211- 1Q 211.2Q 212 A C T U A L ................................................................ 11 S E AS ON AL LY ADJUSTED ANNUAL BA T E ..................................... 12 FOUR-QUARTER MOVING TOTAL............................................13 RENEWALS AND COLLECTIONS (SEE NOTE BELOW) 213. 1Q 213.2Q 213.30 220 ACTUAL................................................................. 9 SEASONALLY ADJUSTED................................................. 10 LOANS HADE AND NEW LOANS 212.1Q 212.2Q 212.30 213 (AGfiICULTUBAL LOANS, EXCEPT AS NOTED) ACTUAL................................................................14 SEASONALLY ADJUSTED ANNUAL BATE.................................... 15 FOUR-QUABTEK MOVING TOTAL.......................................... 16 FEDEEAL LAND BANKS (AGRICULTURAL LOANS) 221 LOANS OUTSTANDING 221. 1Q ACTUAL........ ...................................................... 17 221.2Q SEASONALLY ADJUSTED................................................. 18 222 LOANS CLOSED 222. 10 ACTUAL.................... ..........................................19 222. 20 SEASONALLY ADJUSTED ANNUAL RATE....................................20 222.3Q FOUR-QUARTER MOVING TOTAL.......................................... 21 223 LOANS CLOSED AND NEW MONEY LOANED 223. 10 ACTUAL................................................................ 22 223.2Q SEASONALLY ADJUSTED ANNUAL BATE..................................... 23 223. 3Q FOUR-QUARTER MOVING TOTAL............................................24 224 REFINANCING AND REPAYMENTS 224.10 224.20 224. 30 230 ACTUAL................................................................ 25 SEASONALLY ADJUSTED ANNUAL RATE..................................... 26 FOUR-QUARTER MOVING TOTAL............................................27 LIFE INSURANCE COMPANIES 231 FARM MORTGAGES OUTSTANDING AND ACQUIRED 231.1Q 231.20 231.3Q 232 ACTUAL.................................................................28 SE AS ON AL LY ADJUSTED.................................................. 29 FOUR-QUARTER MOVING TOTAL (MORTGAGES ACQUIRED ONLY)................ 30 FABM MO BT GA GE C O M M I T M E N T S — O U T S TA ND IN G AND NEW 232. 10 232. 2Q 232.3Q SOURCES: ACTUAL................................................................. 31 SEASONALLY ADJUSTED.................................................. 32 FOUB-QUABTEB MOVING TOTAL (NEWCOMMITMENTS ONLY)................... 33 "PRODUCTION CREDIT ASSOCIATIONS— SELECTED MONTHLY LOAN DATA," SUPERVISORY DIVISION# FARM CREDIT ADMINISTRATION; "FEDERAL LAND BANKS— SUMMARY OF SELECTED MONTHLY LOAN DAIA," TECHNICAL SERVICES DIVISION, FARM CBEDIT ADMINISTRATION; "DISTRIBUTION OF INVESTMENTS OF U.S. LIFE INSURANCE COMPANIES," AND "FORWARD INVESTMENT COMMITMENTS OF REPORTING LIFE INSURANCE COMPANIES," AMERICAN COUNCIL CF LIFE INSURANCE. DATA IN THIS SEC1ION ARE OBTAINED FROM TIMELY MONTHLY REPORTS, HOST OF WHICH ARE NOT REVISED TO REFLECT LATER CHANGES OR CORRECTIONS. IF ONLY YEAR-END DATA ON OUTSTANDING LOAN VOLUME ARE REQUIRED, USE THE SERIES IN SECTION 100 OF THE FOR PRODUCTION CBEDIT ASSOCIATIONS, DATA ON LOANS OUTSTANDING AND LOANS HADE DO NOT INCLUDE RURAL iiuME LOANS, FARM-RELATED BUSINESS LOANS, OB AQUAIIC LOANS. DATA ON COLLECTIONS AND RENEWALS DO INCLUDE THESE LOANS; HOWEVER, THESE TYPES OF LOANS REPRESENTED ONLY 2.6 PERCENT OF TOIAL OUTSTANDING LOANS AT PRODUCTION CREDIT ASSOCIATIONS AS OF DECEMBER 1980. 9 TABLE 211. IQ BID OF QUARTER PRODUCTION CBEDIT ASSOCIATIONS LOANS OUTSTANDING !| AMOUNT MILLIONS OF DOLLARS 1 1 PERCENTAGE CHANGE FROM PREVIOUS END OF | CHANGE FROM PREVIOUS) QUARTER | 1 QUARTER _J_____ _JL J B i m - XJAB ___ L. | | I YEAR J 1 _L. 113. 185. -26. -154. 194. 161. 137. 118. 8.3 12.4 -1.6 -9.3 15.0 10.6 9.1 8.6 1961-Q1.. -02.. -Q3.. -Q4.. 132. 192. -7. -155. 137. 144. 163. 161. 8.8 1 1.8 -0.4 -8.6 9.2 8.6 9.9 10.8 1962-Q1.. -02.. -QJ... -Q4. • 121. 222. -13. -127. 151. 181. 175. 203. 7.3 12.5 -0.6 -6.4 9.3 10.0 9.7 12.3 1963-Q1 •. -02... -03... -Q 9.. 176. 270. -2. -175. 258. 306. 31b. 266. 9. 5 13.3 -0. 1 -7.6 14.5 15.3 16.0 14.5 1964-Q1•• -02... -QJ... -Q4..« 154. 255. -19. -217. 247. 232. 215. 173. 7.3 11.2 -0.8 -8.6 12.2 10.1 9.4 8. 1 1965-Q1... -Q2... -03... -09... 150. 297. 10. -154. 169. 210. 239. 302. 6.5 12. 1 0.3 -5.6 7.4 8.3 9.5 13.2 1966-Q1... -Q2... -Q3... -09... 207. 391. -8. -97. 359. 403. 3 86. 444. 8.0 12. 1 -0. 2 -3. 1 14.7 14.7 14.0 17. 1 1967— Q1.«« -Q2... -Q3... -Q9... 250. 359. -44. -57. 487. 505. 469. 509. 8. 2 10. 9 -1.2 -1. 6 17.3 16.1 14.9 16.7 1968-Q1... -02... -QJ... -09... 226. 320. -114. -122. 485. 445. 375. 310. 6.4 8.5 -2.8 -3. 1 14.7 12.2 10.4 8.7 1969-Q1... -Q2... -03... -Q9... 286. 422. -59. 23. 370. 472. 527. 672. 7.4 10.2 -1.3 0.5 9.8 11.5 13.2 17.4 1970-Q1... -02... -Q3... -09... 377. 449. -101. 77. 763. 790. 747. 801. 8.3 9. 1 -1.9 1.5 18.4 17.3 16.6 1 7.7 1971-Q1... -02... -Q3... -09... 425. 514. -83. -7 5. 849. 914. 933. 781. 8.0 8.9 -1.3 -1. 2 17.3 17. 1 17.7 14.6 1972-Q1... -Q2... -Q3... -09... 318. 399. -198. 1. 674. 559. 444. 519. 5.2 6.2 -2.9 0.0 11.7 8.9 7.2 8.5 1973-Q1... -Q2... -QJ... ~Q4... 329. 534. 185. 171. 530. 666. 1048. 1218. 5. 0 7.7 2. 5 2.2 8.2 9.7 15.8 18.4 1974-Q1... -Q2... -Q3... -Q9... 352. 885. 341. 70. 1242. 1593. 1749. 1649. 4. 5 10.8 3.8 0.7 17.8 21.2 22.8 21.0 1975-Q1... -Q2... -03... -Q9... 509. 692. 34. 4. 1805. 1612. 1305. 1240. 5.4 6.9 0.3 0. 0 22.0 17.7 13.8 13.0 1976-Q1... -Q2... -Q3... -09... 376. 688. 316. -125. 1106. 1303. 1584. 1455. 3.5 8.0 2.6 -1.0 11.0 12.2 14.8 13.5 1977-Q1... -Q2... -Q3... -Q9... 387. 1166. •320. -615. 1466. 1743. 1748. 1258. 3.2 9.3 2. 3 -4.4 13.2 14.5 14.2 10,3 1978-Q1... -Q2... -Q3... -Q4... -27. 885. 643. -53. 844. 563. 885. 1447. -0.2 6.6 4.5 -0.4 6.7 4. 1 6.3 10.8 1979-Q1... -Q2... -Q3... -Q4... 480. 1307. 764. 592. 1954. 2376. 2498. 3143. 3.2 8.5 4.6 3.4 14.6 16.6 16.7 21.1 1980-Q1... -Q2... -Q3... -Q4... 9 OP. 1242. -204. -275. 3572. 3507. 2459. 1592. 5. 0 6.6 -1. 4 -1.4 23.2 21,0 14.1 8.8 196Q-Q1* * -Q2.. -03.. -Q4.. NUMBER OF BORBOBERS ________ I P-P.CEN1AGE CHANGE FROM PBEVIOUS 1 1 ____ 1 THOUSANDS! YEAR I 1 QUARTER 1 | I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 i 1 I 1 1 1 1 1 1 1 f 1 1 1 1 1 1 1 1 1 1 1 I 1 1 i 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 — | 1 | 1 1 | DOLLABS ___ L.. - -1_ 273.3 291.9 279.2 254.2 9.3 6.8 -4.3 -8.9 6.2 3.2 2.8 1.6 280.4 296. 1 285.7 261.3 10.3 5.6 -3.5 -8.5 2.6 1.5 2.3 2.8 281.7 298.7 288.8 269.0 7.8 6.0 -3.3 -6.9 0.5 0.9 1. 1 2.9 290.8 308.0 300.8 261.5 8. 1 5.9 -2.3 -6.4 3.2 3.1 4.2 4.7 299.3 313.6 308.1 288.2 6.3 4.8 -1.8 -6.4 3.0 1.8 2.4 2.4 301.7 315.8 310.2 293.8 4.7 4.6 -1.8 -5.3 0.8 0. 7 0.7 1.9 305.9 319.5 315.3 299.4 4. 1 4.4 -1.3 -5.0 1.4 1.2 1.6 1.9 310.6 322.8 319.3 306.5 3.7 3.9 -1. 1 -4.0 1.5 1.0 1.3 2.4 315.3 323.6 318.0 303.9 2.9 2.6 -1.7 -4.4 1.5 0.3 -0.4 -0.8 312.0 320. 1 313.3 301.2 2.6 2.6 -2. 1 -3.9 -1.1 -1.1 -1.5 -0.9 308. 1 314. 1 309.3 298.2 2.3 1.9 -1.5 -3.6 -1.2 -1.9 -1.3 -1.0 307.4 316. 1 313.6 303.8 3. 1 2.8 -0.8 -3. 1 -0.2 0.7 1.4 1.9 311.9 319.9 316.3 308.7 2.6 2.6 -1. 1 -2.4 1.5 1.2 0.8 1.6 314.7 321.2 319.9 311.9 2.0 2.1 -0.4 -2.5 0.9 0.4 1.2 1.0 318.9 329.3 330.6 323.8 2.3 3.3 0.4 -2.0 1.3 2.5 3.3 3.8 333.6 338.5 336.6 328.7 3.0 1.5 -0.6 -2.3 4.6 2.8 1.8 1.5 334.3 342.0 341.9 335.6 1.7 2.3 -0.0 -1.8 0.2 1.0 1.6 2. 1 341.7 350.4 350.6 342.0 1.8 2.6 0.0 -2.2 2.2 2.5 2.5 2.1 343.7 349.3 350.8 353.4 0.3 1.6 0.4 0.7 0.6 -0.3 0.1 3.1 350.0 358.5 360.0 358.0 -1.0 2.4 0.4 -0.5 1.8 2.6 2.6 1.3 365. 1 J7J.O 370.3 358.0 2.0 2.3 -0.9 -3.3 4.3 4.2 2.9 0.0 i 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 i ) 1 i 1 1 ) 1 1 i i i I i i i i i i i i i i i i i i I i i i i I i i ) i i i i i i i i l i i i i i i i i I i i i i i i i i i i i 1__ : _____________ _______________________________ L____________________________ 1 AVERAGE SIZE PERCENTAGE CHANGE FROM PREVIOUS -IfiM5434. 5722. 5888. 5861. 8.3 7.3 6.2 6.9 5783. 6126. 6323. 6321. 6.4 7.1 7.4 7.8 6292. 6677. 6861. 6897. 8.8 9.0 8.5 9.1 6984. 7469. 7640. 7542. 11.0 1 1.9 11.3 9.4 7609. 0077. 8159. 7966. 8.9 8.1 6.8 5.6 8107. 8687. 8875. 8844. 6.6 7.6 8.8 11.0 9170. 9847. 9956. 10161. 13. 1 13.4 12.2 14.9 10600. 11313. 11300. 11587. 15.6 14.9 13.5 14.0 11980. 12660. 12525. 12704. 13.0 11.9 10.8 9.6 13293. 14275. 14396. 15050. 1 1.0 12.8 14.9 18.5 15935. 17062. 17000. 1789 1■ 19.9 19.5 18.1 18.9 18734. 19843. 19737. 20128. 17.6 16.3 16. 1 12.5 20628. 21359. 20977. 21496. 10. 1 7.6 6.3 6.8 22127. 23340. 24014. 25180. 7.3 9.3 14.5 17.1 25731. 27605. 28531. 29344. 16.3 18.3 18.8 16.5 30010. 31618. 31902. 32682. 16.6 14.5 11.8 11.4 33250. 35106. 36036. 36338. 10.8 11.0 13.0 11.2 36828. 39233. 40130. 39253. 10.8 1 1.8 11.4 8.0 39067. 40971. 42625. 42162. 6. 1 4.4 6.2 7.4 43945. 46544. 48482. 50399. 12.5 13.6 13.7 19.5 51905. 54049. 53766. 54845. 18.1 16. 1 10.9 8.8 10 PRODUCTION CREDIT ASSOCIATIONS LOAMS OUTSTANDING SEASONALLY*ADJUSTED DATA TABLE 211.20 AMOUNT END o r QUARTER AVERAGE S IZ E NUMBER OP BORROWERS | PERCENTAGE CHARGE | MILLIONS OP DOLLARS | PERCENTAGE ChANGE 1 1 1 FRCfl PREVIOUS FROM PREVIOUS 1 ........................ ............ ...... ....... | 1 1 | | | CHANGE FROM PREVIOUS 1 THOUSANDS! j 1 END OF 1 _ _ _ 1 1 | QUARTER YEAR | QUARTEB YEAR I QUARTER | QUARTER YEAR 1 1 -1. ________ 1____i S l A U . _ -1 - J ______________L . ~ i £ A l £ i — _____ J___ _____________ 1 9 6 0 -Q 1 .... -Q 2 .... -Q 3 .... -Q 4 .... •| .1 .| .1 1520. 1557. 1584. 1609. 155. 153. 112. 102. 198. 150. 133. 126. 10.4 10. 1 7 .2 6 .4 15.0 10.7 9 .2 8 .5 1 96 1 -Q 1 .... -Q 2 .... -Q 3 .... -Q W .... .1 .j .| .1 1659. 1692. 1743. 1778. 211. 136. 21 2. 145. 139. 135. 159. 169. 13.1 8 .2 12 .6 8 .3 9 .2 8 .7 10.0 10.5 1 9 6 2 - Q 1 . ••• •| - Q 2 . . . . •1 - Q 3 . . . . .1 - Q « . . . . •| 1814. 1863. 1917. 1992. 148. 20 4. 22 7. 31 8. 155. 171. 174. 214. 8 .3 11.3 12.2 1 6. 6 9 .3 10.1 10.0 12.0 1963—Q 1 . . . . -Q 2 .... -Q 3 .... -Q 4 -... .1 .1 •j .1 2076. 2152. 2231. 2272. 35 6. 324. 3 33 . 168. 262. 289. 314. 280. 1 7.9 15.6 1 5.5 7 .5 14.4 15.5 16.4 14.0 1 96 4 -Q 1 .... -Q 2 .... -Q 3 .... -Q 4 .... .1 .| •| •j 2325. 2375. 2451. 2447. 220. 205. 3 19 . -1 5 . 249 . 222. 220. 175. 9 .7 8 .8 13.4 -0 .6 12.0 10.3 9 .8 7 .7 1 9 6 5 - Q 1 . •.1 - Q 2 . . . . .1 - Q 3 . . . . .| - Q 4 . . . . .| 2493. 2578. 2698. 2758. 188. 361. 512. 251. 168. 204. 247. ill. 7 .7 1 4 .5 1 9.9 9.3 7 .2 8 .6 10.1 12.7 1966— Q l . . . . .| - Q 2 . . . . •| -Q 3 .... | - Q 4 . . . •.| 2851. 2966. 3094. 3216. 391 . 487. 546. 517. 359. 387. 396. 457. 1 4.2 17.1 18.4 16.7 14.4 15.0 14.7 16.6 1 9 6 7 -Q 1 .... .( -Q 2 .... j -Q 3 . « .1 - Q 4 . . . . .1 3335. 3452. 3576. 3737. 503. 497. 520. 689. 48 3. 487. 482. 521. 1 5.7 14.9 15.1 19.3 17.0 16.4 15.6 16.2 1968-Q1. . . . I - Q 2 . . . . .1 -Q 3 ----------.1 —Q 4 . ••• 3812. 3885. 3966. 4043. 3 12 . 300. 334. 318. 4 78 . 433. 391. 307. 8 .4 7.9 8 .6 8.0 14.3 12.5 10.9 8 .2 1 9 6 9 - Q 1 . . . . , .| - Q 2 . . . . < .1 -Q 3 ...... i —Q 4 . . . ... j 4171. 4346. 4504. 4724. 537. 741 . 670. 944. 359. 460. 538. 680. 13.3 17.8 15 .4 2 1 .0 9. 4 11.8 13.6 16.8 1 9 7 0 - Q 1 . . . . •1 - Q 2 . . . . . .1 - Q 3 . . . . « .1 -Q 4 ...., 4927. 5111. 5253. 5529. 869. 779 . 593. 1193. 756. 766. 749. 806. 18.4 15 .8 11.6 2 2 .7 19.1 17.6 16.6 17.1 1 9 7 1 - Q 1 . . . . .1 - Q 2 --------- .1 - Q 3 . . . . .| - Q 4 . . . .1 5775. 6002. 6175. 6307. 1049. 966. 723. 542. 847. 891. 922. 777. 1 9. 0 16.7 12.0 8 .8 17.2 17.4 17.5 14.1 1 9 7 2 - Q 1 . . . . .1 - Q 2 . . . . , .1 - Q 3 . . . . , •| - Q 4 . . . . , .| 6455. 6558. 6597. 6810. 616 . 423. 155. 897. 681. 556. 421. 504. 9 .8 6 .6 2.4 1 3. 6 11.8 9.3 6.8 8 .0 1973-Q1. •••<. ( - Q 2 . . • .1 -Q 3 .. . . . | - Q 4 . . . . .1 7003. 7222. 7609. 8031. 804. 919. 1676. 1832. 548 . 664 . 1012. 1220. 11.8 13. 1 2 3 .2 24. 1 8 .5 10.1 15.3 17.9 19 74-Q1. . . .1 - Q 2 . . . ...1 - Q 3 . . . •. | - Q 4 . . •• •| 6279. 8786. 9302. 9690. 1039. 2226. 2251. 1651. 1276. 1564. 1693. 1659. 12.9 2 6 .9 2 5. 6 17 .7 18.2 2 1.7 2 2.3 2 0. 7 1 9 7 5 - Q 1 . . . . •| - Q 2 . . . . , .| - Q 3 . . . . .1 -Q 4 .... 10137. 10377. 10549. 10935. 1916. 996. 70o. 1630. 1858. 1591. 1247. 1245. 19 .8 9.8 6 .8 1 5.5 22.4 18. 1 13.4 12.9 1 9 7 6 -Q 1 .... - Q 2 . . . . .1 - Q 3 . . . ...| - Q 4 . . . . .1 11290. 11670. 12074. 12402. 1489. 1599. 1703. 1365. 1153. 1293. 1525. 1467. 13.6 14.2 14.6 11.3 11.4 12.5 14.5 13.4 1 9 7 7 - Q 1 . . . . .1 - Q 2 . . . . , .| - Q 3 . . . . .1 —Q4» . . . . | 12802. 13388. 13771. 13672. 1682. 2507. 1599. -392 . 1513. 1718. 1697. 1270. 13.0 19.6 11.9 -2 .8 13.4 14.7 14.1 10.2 1 9 7 8 - Q 1 . . . . •| - Q 2 . . . . , .1 -Q 3 .... .! « Q 4 . . . . .1 13669. 13951. 14624. 15115. -9 . 1163. 2893. 2063. 867. 564. 853. 1443. -0 . 1 8 .5 2 0.7 14.1 1 9 7 9 -Q 1 .... -Q 2 .... -Q 3 .... -Q 4 .... .| •| •| •| 15674. 16280. 17066. 18289. 2363. 2569. 337 7. 5444. 2004. 2329. 2441. 3174. 1 9 8 0 - Q 1 . . . . .1 - Q 2 . . . . •1 - Q 3 . . . •.1 - Q 4 . . . . •I 19314. 19708. 19477. 19901. 4458. 1623. -90S . 1753. 3640. 3427. 2411. 1612. 2 7 2 .8 2 7 5 .9 2 7 5 .7 272.1 7 .3 4 .7 -0 .3 -5 .1 6 .2 3 .2 2 .7 1.5 2 7 9 .9 28 0.6 2 82 .0 27 8 .7 11.9 1.1 2.0 -4 .5 2 .6 1.7 2 .3 2 .4 2 8 1 .4 284. 1 295.1 2 8 5 .9 3 .8 3. 9 1.4 1.1 0.5 1.2 1.1 2 .6 2 9 0 .5 2 94 .2 2 9 6 .9 2 97 .8 6 .6 5. 2 3 .7 1.2 3 .2 3 .5 4 .1 4 .1 29 9 .4 3 00 .6 3 0 4 .0 30 3 .2 2.2 2.0 4 .3 -1 .1 3.0 2 .3 2 .4 1 .8 302.1 30 4 .2 3 06 .2 30 7.4 -1 .4 2 .8 2.6 1.6 0 .9 1.1 0.7 1.4 3 06 .6 309.1 31 1.6 3 11 .7 -1 . 1 3.3 3.3 0. 2 1.5 1.6 1.7 1.4 31 1.3 3 13 .3 31 5.9 31 7 .7 -0 .5 2 .5 3 .4 2 .3 1.6 1.4 1.4 1.9 316. 1 3 15 .0 3 15 .0 31 4 .0 -2 .0 -1 .4 0.1 -1 .3 1.5 0.6 -0 .3 -1 .2 J 12. 7 312.3 3 1 0 .7 31 0.3 -1 .7 -0 .5 -2 .0 -0 .5 -1 .1 -0 .9 -1 .4 -1 .2 30 8.7 3 07 .0 3 0 6 .8 30 6.3 -2 .0 -2 .2 -0 .2 -0 .7 -1 .3 -1 .7 -1 .2 -1 .3 30 7 .9 3 09 .5 31 1 .2 31 1 .3 2 .0 2.1 2 .2 0 .2 -0 .3 0 .8 1.4 1.6 31 2.3 J13.fc 3 1 3 .7 3 15 .5 1.2 1.7 0.1 2 .4 1.4 1.3 0 .8 1.4 315.1 31 5.4 3 17 .3 318.1 -0 .5 0. 4 2. 4 1.1 0.9 0 .6 1.1 0 .8 31 9.4 32 3 .9 3 27 .8 3 29 .7 1.6 5 .7 4 .9 2. 3 1.4 2 .7 3. 3 3 .6 33 4.3 333.4 33 3.8 3 34 .0 5 .7 -1 .0 0 .4 0 .3 4 .7 3.0 1.6 1.3 33 5.3 33 7.3 339.1 34 0. 5 1.6 2.4 2.2 1.7 0. 3 1.2 1.6 2.0 34 2.9 3 46 .0 34 7 .9 347.** 2 .9 3.6 2 .2 -0 .6 2 .3 2 .6 2 .6 2 .0 4 .2 6. 2 10.6 1 1 1 1 1 345.1 34 5.0 34 8.0 3 57 .5 -2 .6 -0 .0 3.5 11.3 0 .6 -0 .3 0 .0 2.9 15.6 16.4 2 0 .7 3 1. 9 14.7 1o.7 16.7 21.0 1 1 1 3 51 .8 354.3 357.1 361.9 -6 .2 2. 9 3. 3 5 .5 1.9 2 .7 2 .6 1.2 1 1 2 4. 4 8 .4 -4 .6 9.0 23 .2 21.1 14.1 8. 6 367.1 3o9. J 367.3 362.0 5.8 2 .4 -1 .9 -5 . 9 4.4 1 1 6.8 I I 1 1 1 1 1 1 1 1 1 1 1 1 1 ,, 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 < 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 4 .2 2 .9 0 .0 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 PERCENTAGE CHANGE FROM PREVIOUS YEAR DOLLARS - - - 5571. 5641. 5744. 5912. 8 .3 7 .2 6. 3 6.9 5928. 6029. 6180. 6379. 6 .4 6.9 7 .6 7 .9 6447. 655 7. 6724. 6967. 8 .8 8 .8 8 .8 9 .2 7145. 7316. 7515. 7630. 10.8 11.6 11.8 9.5 7767. 7893. 8061. 8071. 8. 7 7.9 7.3 5.8 8250. 847S. 8810. 897 2. 6 .2 7 .4 9. 3 11.2 9300. 9596. 9930. 10316. 12 .7 13.2 12 .7 15.0 10710. 11020. 11319. 11760. 15.2 14. H 14.0 1 4.0 12061. 12334. 12589. 12876. 12.6 11.9 11.2 9.5 13342. 13916. 14499. 1522 3. 10.6 12 .8 15.2 1 8.2 15962. 16651. 17123. 18051. 19.6 19.7 18.1 1 6.6 18757. 19395. 19846. 20258. 1 7. 5 1 6. 5 15 .9 12.2 20672. 20913. 21029. 21584. 1 0.2 7 .8 6.0 6 .5 22223. 22896. 23981. 25242. 7 .5 9 .5 14.0 16.9 25919. 27129. 28377. 29392. 16.6 1 8.5 18.3 16.4 30322. 31123. 31608. 32742. 17.0 14.7 11.4 11.4 33669. 34 599. 35607. 36422. 11.0 11.2 12.7 11.2 37334. 38698. 39587. 39357. 10 .9 11.8 11.2 8. 1 39614. 40434. 42021. 42279. 6 .1 4 .5 6. 1 7 .4 44555. 45951. 47785. 50534. 1 2. 5 1 3 .6 1 3.7 1 9. 5 52614. 53369. 52994. 54978. 13.1 16.1 10.9 8 .8 YABL1 212. IQ PRODUCTION CREDIT ASSOCIATIONS LOANS HADE AND NEN LOANS NEN LOANS LOANS HADE QUARTER | MILLIONS | | | OF ( DOLLARS 1 j PERCENT AGEXCHANGE FROH PREVIOUS Q0A8TEB IEAB AS PERCENTAGE OF 7 | COLLEC 1 LOANS OUT i STANDING* TIONS MILLIONS f OF | DOLLARS | ....... _...... i PERCENTAGE CHANGE FROH PREVIOUS TEAS 1 AS PEBCtN iAGE OF i . . ... ........ | LOANS OUTCOLLEC . 1 STANDING*_ TIONS ***** -1 .9 -3 .6 3.5 34. 33. 24. 32. 132. 161* 94. 77. 1.1 -2 .0 -1 4. 3 31.5 12.8 5. 4 9.3 11.6 35. 32. 24. 32. 134. 160. 98. 79. 559. 574. 498. 681. -3 .6 2 .6 -1 3.3 3 6. 8 6 .4 11.5 12.8 17.3 34. 32. 25. 34. 128. 163. 98. 84. 213. 228. 127. 118. 629. 650. 547. 691. -7 .5 3.3 -1 5 .9 26 .4 1 2.5 13.3 9 .9 1.6 34. 32. 24. 30. 139. 171. 100. 80. 50. 39. 28. 42. 207. 222. 126. 117. 669. 658. 536. 687. -3 .3 -1 .6 -1 8.6 2 8.3 6.2 1.2 -2 . 1 -0 .6 31. 29. 21. 27. 130. 164. 97. 76. 4.8 10 .5 14.0 17.8 48. 40. 29. 45. 209. 224. 129. 125. 683. 737. 626. 842. -0 .6 7 .9 -15.1 34.4 2.2 12. 1 16.9 2 2 .5 30. 30. 23. 31. 128. 168. 102. 85. 8 .6 -1 5. 1 -1 6.3 4 2 .8 2 1 .0 16.0 2 0 .2 10.1 52. 41 . 3 0. 44. 206. 214. 125. 135. 862. 875. 762. 920. 2.4 1.4 -1 2.9 20 .7 2 6. 2 18.6 2 1 .7 9. 2 33. 31. 24. 29. 132. 164. 99. 91. 1519. 1286. 1048. 1573. 11.2 -1 5.2 -1 8 .6 50.0 12.7 12 .6 9 .6 15. 1 50. 39. 29. 4 4. 222. 218. 123. 140. 935. 953. 811. 1067. 1.6 2. 0 -1 4 .9 3 1.5 8 .4 9 .0 6.5 16.0 31. 29. 22. 30. 137. 161. 95. 9 5. I I j I 1723. 1408. 1167. 1755. 9. 6 -1 8.3 -1 7 . 1 50.4 13.5 9 .3 11.3 11.6 49 . 37. 28. 44 . 216. 215. 119. 137. 1011. 976. 871. 1162. -5 .3 -3 .4 -1 0.7 3 3.4 8.1 2 .4 7.4 8 .9 28. 26. 21. 29. 127. 149. 89. 91. 1969-Q1.......... 4 - Q 2 « « . . « .1 - 0 3 — — .1 —0 4 « t 1924. 1683. 1365. 2105. 9 .6 -1 2 .5 -1 8.9 5 4.2 11.7 19.5 17.0 2 0.0 50. 41. 3 0. 47 . 226. 214. 123. 151. 11381212. 1050. 1423. -2 . 1 6 .5 -1 3.4 35 .5 12.6 24.2 2 0. 5 2 2 .5 29. 29. 23. 32. 134. 154. 95 . 102. 197Q“ Cl «.1 - 0 2 .......... >| - 0 3 .........., | - Q 4 .......... . i 2354. 1918. 1610. 2395. 11.8 -1 8.5 -1 6 .0 4 8- 7 22 .4 13.9 18.0 13.7 52 . 39. 30. 46 . 229. 206. 123. 156. 1410. 1371. 1211. 1616. -0 .9 -2 .8 -1 1.7 33.4 2 3 .9 13.1 15.4 13.6 31. 28. 23. 31. 137. 147. 93. 105. 1971-01.......... | -0 2 — . | - 0 3 .......... . 1 -Q 4 -.... 2694. 2224. 1845. 2658. 12.5 -1 7 .5 -1 7.0 4 4. 0 14.5 16.0 14.6 11.0 51. 39. 29 . 43. 235. 215. 128. 145. 1580. 1554. 1363. 1773. -2 .3 -1 .6 -1 2.3 30. 1 12.0 13.3 12.5 9. 7 30. 27. 22. 29. 138. 150. 95. 97. 1^72 ~Q1...........( - 0 2 .......... .| **03.......... .4 - Q 4 . . . . « ,| 3032. 2486. 2022. 2899. 14. 1 -1 8 .0 -1 8.7 43.4 12.5 11.8 9 .6 9.1 50. 39. 30. 44 . 211. 191. 118. 147. 1763. 1710. 1515. 1989. -0 .6 -3 .0 -1 1.4 31.3 11.6 10.0 11.2 12.2 29. 27. 22. 30. 123. 131. 89. 101. 1 9 7 3 -Q 1 . ........,4 ■| “ Q3.......... | - 0 4 .......... 4 3575. 2924. 2756. 3774. 2 3.3 -1 8 .2 -5 .8 3 7 .0 17.9 17 .6 3 6 .3 3 0. 2 54. 42. 37 . 49. 193. 186. 142. 149. 2 I 86. 2109. 2126. 2702. 9.9 -3 .5 0.8 27.1 2 4.0 2 3.4 40.4 3 5 .8 33. 30. 28. 35. 118. 134. 110. 107. 1974-Q1.......... , | - Q 2 ........... | “ 03........... 4 - Q 4 ........... | 4065. 3402. 2965. 3927. 7 .7 -1 6 .3 -1 2 .8 3 2. 4 13.7 16.4 7 .6 4.1 52. 41. 33. 42. 185. 213. 157. 152. 2556. 2489. 2266. 2670. -5 .4 -2 .6 -9 .0 17.8 16.9 18.0 6 .6 -1 .2 33. 30. 25. 28. 116. 156. 120. 103. 1975-Q1........... - 0 2 ........... - 0 3 ........... - 0 4 ........... J 1 i 4 4450. 3915. 3181. 4452. 13.3 -1 2 .0 -1 8 .7 4 0.0 9 .5 15.1 7 .3 13.4 47. 39. 30. 41. 215. 194. 134. 147. 2574. 2728. 2403. 3043. -3.6 6 .0 -1 1 .9 2 6.6 0 .7 9 .6 6.0 14.0 27. 27. 22. 28. 124. 135. 101. 100. 1 97 6- fl l........... - 0 2 .......... - 0 3 .......... - Q 4 .......... | 1 | j 5321. 4565. 3524. 4845. 19.5 -1 4 .2 -2 2 .8 3 7.5 19.6 16.6 10.8 8 .8 50. 41. 29. 39. 196. 191. 148. 142. 3088. 3290. 2704. 3288. 1.5 6. 5 -1 7 .8 21 .6 2 0. 0 2 0 .6 12.5 8 .0 29. 30. 23. 27. 114. 138. 113. 97. m 7 - q i .......... ,4 “ Q2.......... | - 0 3 .......... j -Q 4 ........... | 6000. 5141. 3858. 5050. 2 3.8 -1 4.3 -2 5 .0 3 0.9 12.8 12.6 9 .5 4.2 49 . 41. 28. 36. 196. 207. 147. 126. 3439. 3642. 2942. 3397. 4. 6 5 .9 -1 9.2 15.5 11.4 10.7 8 .8 3 .3 28. 29. 21. 24. 113. 147. 112. 85. 1978-Q1........... 4 - 0 2 .......... ,4 -Q 3 ..... 4 -04.... | 6380. 5725. 4714. 6379. 2 6. 3 -1 0 .3 -1 7.7 3 5 .3 6 .3 11.4 2 2 .2 2 6.3 47 . 43. 33. 43. 174. 179. 153. 136. 3664. 4068. 3699. 4604. 7 .9 11.0 -9 .1 2 4. 5 6 .5 11 .7 25.7 35.6 27. 30. 26. 31. 100. 127. 120. 98. 1979-Q1...........,| -0 2 ..... | -03.......... 4 - 0 4 ........... | 7937. 7122. 5752. 8216. 24.4 -1 0.3 -1 9.2 4 2.8 24 .4 2 4.4 2 2 .0 2 8 .8 53. 46 . 34. 47. 179. 177. 149. 148. 4896. 5291. 4578. 6110. 6 .3 8. 1 -1 3 .5 3 3. 5 3 3.6 3 0.1 2 3 .8 3 2 .7 33. 34. 27. 35. 110. 132. 119. 110. 1980-Q1.......... - 0 2 .......... - 0 3 ........... - 0 4 ........... 9613. 7996. 6158. 8521. 17.0 -1 6 .8 -2 3.0 38.4 21 . 1 12.3 7.1 3 .7 53 . 42. 30. 43. 187. 182. 124. 132. 6051. 5618. 4635. 6151. -1 .0 -7 .1 -1 7.5 32.7 2 3.6 6 .2 1.2 0 .7 34. 30. 23. 31. 118. 128. 93. 95. 1960-Q1___ . . I - Q 2 .......... < - Q i .......... S 703. 641. S10. -1 .6 -8 .9 -2 0.5 4 7.9 5 .5 2 .6 0. 1 5.5 51. 43. 31. 46. 199. 211. 119. 112. 466. 489. 404. 520. -7 .2 4 .8 -1 7.4 28 .7 1 9 6 1 -Q 1 -... 1 ( -Q 3 « * . - ,1 .( 799. 678. 562. 830. 6 .0 -1 5.2 -1 7 .0 47.6 13.6 5 .8 10.3 10. 1 54. 42. 31. 46. 203. 210. 125. 113. 526. 515. 441. 580. 1962-Q1........ I - Q 2 . . . - .1 - Q 3 -------- .1 - Q 4 -------- J 866. 763. 631. 957. 4.3 -1 1 .8 -1 7.3 51.6 8 .3 12.6 12.3 15.3 52. 43. 32 . 48. 198. 217. 124. 119. 1 9 6 3 -Q 1 .-.. i “ Q2.......... . ( - 0 3 .......... .( .......... 968. 866. 697. 1020. 1.2 -1 0 .6 -1 9.5 46 .5 11.8 13.4 10.3 6 .6 52. 43. 30. 44 . 1964-01..........>| *02.......... .1 - 0 3 .......... | ~Q4.......... .4 1062. 892. 699. 1053. 4. 1 -16. 1 -2 1.6 50.7 9 .7 3.0 0.3 3.2 1 9 6 5 - Q 1 . . . . .1 - 0 2 .......... | -0 3 .... I — Q 4 . . . . .1 1114. 986. 796. 1240. 5 .8 -1 1.5 -1 9.2 55 .8 19 6 6 -Q 1 . . . . -Q 2 ..«. - 0 3 .......... - Q 4 .......... | ) j 4 1347. 1144. 957. 1366. 1967-Q1.......... -0 2 ..... - Q 3 .......... “ Q4.......... I 1 4 I 1968-Q1.......... - 0 2 .......... - 0 3 .......... - 0 4 .......... | 4 4 | * LOANS OUTSTANDING AT END OF PRECEDING QUARTER. "MSB LOANS" ARE COHPUTED AS LOANS HADE LESS RENEWALS. RENEWALS INCLUDE SOHE NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 8) .. 12 * TABLE 2 12.2Q QUABTEB 1 96 Q -Q 1.... - Q 2 --------Q 3 .... ... PRODUCTION CBEDII ASSOCIATIONS LOANS HADE AND NEH LOANS SEASONALLY-ADJUSTED ANNUAL BATE I 1 _ _ ____ | MILLIONS 1 OP | DOLLABS i 1 .| 2506. .| 2627. .1 2641. .| 2680. MEN LOANS LOAMS HADE | | | i PERCENTAGE CHANGE PBOM PBEVIOUS QUABTEB IEAB AS PERCENTAGE Of " loans"outcollecSIABDIMS*____II Q B 5 __ MILLIONS | | OP OOLLABS 1 1 PERCENTAGE CHANGE PROM PBEVIOUS QUARTER ..... Y Eit ,| AS PERCENTAGE OP |1— COLLBC1| LOANS O U T _ jL_ .STANDING*____IIQMS -1 .2 4 .8 0 .5 1.5 5 .7 2 .6 0.4 5.6 169. 173. 170. 169. 151. 150. 149. 146. 1824. 1896. 1907. 1890. ***** 3.9 0 .6 -0 .9 ***** ***** ***** ***** 123. 125. 123. 119. 110. 108. 108. 103. 1 9 6 1 - Q 1 . . . . .| .1 - Q 3 -------- .1 - Q 4 . . . . .1 2838. 2775. 2925. 2961. 5 .9 -2 .2 5 .4 1.3 13.2 5 .6 10 .8 10.5 176. 167. 173. 170. 155. 149. 156. 150. 2057. 2000. 2083. 2112. 8 .9 -2 .8 4 .1 1.4 12.8 5 .5 9 .2 11.8 128. 121. 123. 121. 113. 107. 111. 107. 1 9 6 2 - Q 1 . . . . .1 -Q 2 .... . I - Q 4 -------- I 3072. 3122. 3305. 3418. 3.7 1.6 5.9 3 .4 8 .2 12.5 13.0 15.4 173. 172. 177. 178. 151. 155. 156. 157. 2194. 2220. 2365. 2479. 3 .9 1.2 6 .5 4 .8 6l 7 11.0 13.5 17.4 123. 122. 127. 129. 108. 110. 112. 114. 1 9 6 3 - Q 1 . . . . .| -Q 2 .... I -Q 3 -------- .1 - Q 4 . . . . .1 3415. 3528. 3660. 3628. -0 .1 3.3 3 .7 -0 .9 11 .2 13 .0 1 0.7 6 .1 171. 170. 170. 163. 164. 163. 160. 155. 2451. 2513. 2596. 2521. -1 .1 2.5 3 .3 -2 .9 11.7 13.2 9 .8 1.7 123. 121. 121. 113. 118. 116. 113. 107. 1 9 6 4 -Q 1 .. . . .1 -Q 2 .... -Q 3 . . . . .J -Q 4 .... 3732. 364 5. 3678. 3730. 2.8 -2 .3 0.9 1.4 9-3 3 .3 0 .5 2 .8 164. 157. 155. 152. 159. 161. 100. 149. 2622. 2531. 2505. 2509. 4 .0 -3 .5 -1 .0 0.1 7 .0 0.7 -3 .5 -0 .5 115. 109. 106. 102. 112. 112. 109. 100. 1 96 5 -Q 1 .... -Q 2 .... -Q 3 .... “ Q4-------- .1 •| .1 •| i | .1 . j •| 389 5. 404 0. 4200. 4402. 4.4 3.7 4.0 4.8 4 .4 10.8 14 .2 18.0 159. 162. 163. 163. 160. 164. 168. 156. 2684. 2858. 2969. 3080. 7.0 6.5 3 .9 3 .7 2.4 12.9 18.5 2 2. 8 110. 115. 115. 114. 111. 116. 119. 109. 4676. 4692. 5057. 4896. 6.2 0. 4 7.8 -3 .2 2 0 .0 16.1 2 0.4 11.2 170. 165. 171. 158. 157. 160. 165. 167. 3329. 3404. 3639. 3380. 8. 1 2. 3 6 .9 -7 .1 2 4.0 19.1 2 2.6 9. 7 121. 119. 123. 109. 112. 116. 119. 115. 1 9 6 7 - Q 1 . . . . .1 .1 - Q 3 -------- .| - Q 4 - . . . .| 1 1 9 6 8 - Q 1 . . . . .| - Q 2 . . . •.| - 0 3 . . . . .| - Q 4 . . . . .| 5237. 5320. 5533. 5680. 7.0 1.6 4 .0 2.7 12.0 13.4 9 .4 16.0 163. 160. 160. 159. 168. 167. 165. 171. 3627. 3716. 3813. 3922. 7 .3 2 .4 2 .6 2. 9 9 .0 9.2 4.8 16.0 113. 111. 110. 110. 117. 117. 114. 118. 5904. 5804. 6137. 6377. 3 .9 -1 .7 5.7 3.9 12.7 9 .1 10 .9 12.3 158. 152. 158. 161. 163. 168. 162. 164. 3954. 3787. 4015. 4246. 0 .8 -4 .2 6 .0 5 .8 9.0 1.9 5 .3 8 .3 106. 99. 103. 107. 109. 110. 106. 109. 1 9 6 9 - Q 1 . . . . .| - 0 2 --------- . ( - Q 3 . . . . .1 - Q 4 . . . . , •| 6537. 6983. 7154. 7647. 2.5 6.8 2.5 6.9 10.7 2 0 .3 16.6 19.9 162. 167. 165. 170. 172. 172. 169. 176. 4409. 4773. 4922. 5193. 3 .8 8 .3 3.1 5 .5 11.5 2 6 .0 22.6 2 2 .2 109. 114. 113. 115. 116. 118. 116. 119. 1 9 7 0 -Q 1 .... - Q 2 . . . . •i - Q 3 - . . . .| - Q 4 . . . .,.| 7961. 7995. 8411. 8754. 4 .1 0 .4 5 .2 4. 1 2 1 .8 14.5 17.6 14.5 169. 162. 165. 167. 175. 170. 164. 178. 5407. 5425. 5620. 5910. 4.1 0 .3 3. 6 5 .2 2 2. 6 13.6 14.2 13.8 114. 110. 110. 112. 119. 115. 109. 120. 1 9 7 1 - Q 1 . . . •. j - Q 2 . ••• - Q 3 . . . . .1 - Q 4 . . . . •| 9097. 9275. 9596. .9800. 3 .9 2.0 3.5 2. 1 14.3 1 6.0 14.1 12.0 165. 161. 160. 159. 182. 180. 169. 164. 6079. 6154. 6253. 6527. 2 .9 1.2 1.6 4. 4 12.4 13.4 11.3 10.4 110. 107. 104. 106. 122. 120. 110. 109. 1 9 7 2 -Q 1 .. . . . | - 0 2 --------- .| - 0 3 . . . . .1 - 0 4 -------- .1 10220. 10389. 10453. 10861. 4 .3 1.6 0.6 3 .9 12.4 12.0 8 .9 10.8 162. 161. 159. 165. 168. 162. 153. 168. 6796. 6750. 6959. 7380. 4.1 -0 .7 3. 1 6. 1 11.8 9 .7 11.3 13.1 108. 105. 106. 112. 111. 105. 102. 114. 1 9 7 3 -0 1 ---. . | - 0 2 . . . . .| - 0 3 . . . •. ) - Q 4 . . . . .| 12058. 12110. 14195. 14282. 11.0 0. 4 17.2 0 .6 18.0 16.6 3 5 .8 3 1 .5 177. 173. 197. 188. 158. 158. 180. 171. 83 33. 8373. 9849. 10144. 12.9 0 .5 17.6 3 .0 2 2 .6 2 4. 0 4 1. 5 3 7. 5 122. 120. 136. 133. 109. 110. 125. 121. 1 97 4 -Q 1 .... -Q 2 .... -Q 3 .... -Q 4 .... .| .| •| .| 13702. 13874. 15241. 14863. -4 .1 1.3 9 .9 -2 .5 13.6 14.6 7.4 4.1 171. 168. 173. 160. 156. 182. 193. 173. 9683. 9748. 10385. 9949. -4 .5 0 .7 6.5 -4 .2 16.2 16.4 5 .4 -1 .9 121. 118. 118. 107. 110. 128. 132. 116. 1 9 7 5 - Q 1 . . . . .1 - 0 2 . . . . •| - 0 3 --------- .1 -Q 4 .... . | 15038. 15801. 16366. 16900. 1.2 5.1 3 .6 3 .3 9.8 13.9 7 .4 13.7 155. 156. 158. 160. 184. 165. 160. 168. 10072. 10483. 10911. 11410. 4.0 7 .5 5.1 14.7 104. 103. 105. 108. 123. 110. 107. 113. 1 9 7 6 - Q 1 . . . . .| -Q 2 .... . | - Q 3 --------- . | - Q 4 -------- •| 17903. 18240. 18186. 18620. 5 .9 1.9 -0 .3 2 .4 19. 1 15.4 11.1 10.2 164. 162. 156. 154. 169. 163. 173. 165. 12044. 12569. 12376. 12516. 5 .6 4 .4 -1 .5 1.1 19.6 19.9 13.4 9 .7 110. 111. 106. 104. 113. 112. 118. 111. 1 9 7 7 - Q 1 . . . ••| -0 2 .... . | - Q 3 . . . . .| - Q 4 . . . . •| 20126. 20434. 19972. 19657. 8.1 1.5 -2 .3 -1 .6 12.4 12.0 9 .8 5 .6 162. 160. 149. 143. 170. 178. 170. 147. 13459. 13765. 13447. 13043. 7 .5 2.3 -2 .3 -3 .0 11.7 9 .5 8 .7 4 .2 109. 108. 100. 95. 114. 120. 115. 98. 1 9 7 8 -Q 1 .. .j - Q 2 . ••• . | - Q 3 -------- . I - Q 4 . . . ••| 21260. 22729. 24443. 25108. 8.2 6.9 7 .5 2.7 5.6 11.2 22.4 151. 155. 175. 11. 1 3. 5 5 .8 12.6 28 .0 36 .6 104. 113. 123. 1 6 1 . 14242. 15500. 17212. 17813. 9 .2 2 7.7 156. 166. 175. 172. 122. 101. 106. 123. 114. 26391. 28208. 29791. 32557. 5.1 6 .9 5 .6 9.3 24. 1 24. 1 2 1- 9 2 9 .7 175. 180. 183. 191. 156. 153. 169. 175. 18553. 20324. 21448. 23654. 4.2 9.5 5 .5 10.3 30.3 31.1 24.6 32.8 123. 130. 132. 139. 110. 111. 122. 127. 32029. 31672. 31860. 33344. -1 .6 -1 . 1 0 .6 4.7 21 .4 12.3 t>.9 2. 4 175. 164. 162. 171. 165. 157. 22851. 21249. 21045. 23403. -3 .4 -7 .0 -1 .0 11.2 23.2 4 .5 -1 .9 -1 .1 125. 110. 107. 120. 117. 106. 93. 108. 1 9 6 6 -Q 1 .... -Q 2 .... - Q 3 --------Q 4 .... 1 9 7 9 -Q 1 .... -Q 2 .. . . -Q 3 .. . . -Q 4 .... .| .1 .1 .| 1 9 8 0 - Q 1 - - - •. | - Q 2 . . . . .| - Q 3 . . . . .| - Q 4 . . . . .| 1 1 4 0 . 154. 1.2 4. 1 4. 1 4 .6 8 .8 • SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OP PRECEDING QUARTER. "NEW LOANS" ABB COMPUTED AS LOANS MADE LESS RENEWALS. RE NE WA LS IN CL U D E SOME NON» G ia C U L T O R A L L O AN S (SEE NC1E ON P AGE 8) 13 TABLE 212.3Q PRODUCTION CREDIT ASSOCIATIONS LOANS BADE AND NEN LOANS FOUR-QUARTER BOTING TOTAL LOANS HADE I NEN LOANS I CHANGE PROS PBEVIOUS YEAR I YEAS ENDING— | I | BILLIONS OF DOLLARS 1 1 1 . I BILLIONS OF DOLLARS | AS PERCENTAGE OF | OUT STANDING* LOANS PERCENT | CHANGE FBOB PREVIOUS YEAR BILLIONS OF |i ............... .. DOLLARS || BILLIONS OF 1I . . _ JL DOLLARS | AS PERCENTAGE OF | _ LOANS OUT STANDING* COLLEC TIONS ***** ***** 133. 128. 123. 122. 112. 110. 108. 107. PERCENT | _ 3 .7 180. 175. 170. 169. 151. 150. 149. 148. 1886. 1876. 1861. 1879. ****** ****** ****** ****** 5.9 6.7 8 .7 10.0 172. 171. 170. 170. 150. 151. 152. 151. 1938. 1964. 2002. 2062. 52. 88. 141. 183. 2.8 4 .7 7. 6 9 .8 123. 122. 122. 123. 108. 108. 109. 109. 232. 281. 298. 348. 8. 6 10.3 10.7 12.1 170. 172. 171. 174. 151. 153. 152. 153. 2096. 2155. 2211. 2312. 158. 190. 209. 250. 3.1 9. 7 10.5 12.1 122. 122. 122. 125- 108. 109. 109. 110. 3320. 3N22. 3N87. 3551. 384. 401. 397. 333. 13.1 13.3 12.8 10.4 175. 174. 171. 167. 157. 159. 159. 158. 2382. 2458. 2507. 2518. 286. 303. 296. 206. 13.6 14. 1 13.4 8.9 125. 125. 123. 119. 112. 11 N. 115. 112. 196N-Q1•••• .1 - Q 2 . . . ••| - Q 3 . . . •. j - Q N . . . . .1 36N5. 3671. 3673. 3705. 325. 249. 186. 154. 9.8 7 .3 5 .3 4 .3 167. 163. 159. 157. 158. 158. 157. 156. 2557. 2565. 2553. 2549. 176. 107. 46. 31. 7.4 4 .3 1.8 1.2 117. 114. 111. 108. 111. 110. 109. 107. 1 9 6 5 - Q 1 . . . . .1 - Q 2 -------- . | - Q 3 . •.1 - Q N . . . . .| 3756. 3850. 3948. N136. 111. 180. 275. 430. 3.1 4.9 7 .5 11.6 156. 157. 158. 162. 157. 158. 158. 160. 2564. 2643. 2734. 2889. 7. 79. 180. 340. O .i 3.1 7.1 13.3 107. 108. 109. 113. 107. 109. 110. 112. 1 9 6 0 -Q 1 ..-. -0 2 .-.* 2552. 2568. 2569. 2607. ****** ****** .( - Q N ------------ . | 92. 1 9 6 1 -Q 1 .... .| - 0 2 ------------ • | -3 3 ..,. . | -O '* --.. . I 2703. 27N0. 2793. 2869. 151. 172. 224. 262. 1 9 6 2 -Q 1 .... -0 2 .... - 0 3 --------0 N -... .1 .| .| .| 2936. 3021. 3090. 3217. 1963-01-*-. -0 2 .... -0 3 .... -Q N ..-. •| •| .1 .1 ***** COLLEC TIONS 1| || ***** ***** ***** ***** 1 9 6 6-Q 1 .... -0 2 .... -0 3 .... -Q N -------- .( ,| .| .1 N369. N527. N688. 4813. 613. 677. 740. 678. 16.3 17.6 18.7 16.4 166. 166. 166. 165. 161. 162. 159. 162. 3068. 3205. 3341. 3419. 504. 562. 607. 530. 19.6 2 1. 2 2 2.2 18.3 116. 118. 118. 117. 113. 115. 113. 115. 1 96 7 -Q 1 .... - 0 2 --------0 3 .... -Q N .... .| . | .| . i 4985. 5129. 5221. 5428. 616. 602. 533. 615. 14. 1 13.3 11.4 12.8 164. 163. 159. 160. 166. 168. 166. 167. 3491. 3570. 3619. 3766. 423. 365. 278. 348. 13.8 11.4 8 .3 10.2 115. 113. 110. 111. 116. 117. 115. 116. 1 9 6 8 -0 1 -... -0 2 ..--0 3 .... -O N .... .1 . | .1 .} 5632. 5752. 5870. 6053. 647. 623. 649. 625. 13.0 12. 1 12.4 11.5 160. 158. 156. 157. 167. 168. 165. 163. 3842. 3665. 3925. 4020. 351. 295. 306. 254. 10. 1 8.3 8 .4 6 .7 109. 106. 104. 104. 11 N. 113. 110. 108. 1969-Q1 — . . • -0 2 .... -Q 3 .... -Q N .... .) .{ •I . | 6254. 6529. 6727. 7077. 622. 777. 857. 1024. 11.0 13.5 14.6 16.9 159. 162. 162. 166. 166. 167. 167. 171. 4147. 4383. 4562. 4823. 305. 519. 637. 803. 7. 9 13.4 16.2 2 0.0 106. 109. 110. 113. 110. 112. 113. 116. 1 97 0 -Q 1 * .. . -0 2 .... -0 3 .... -Q N .... .| .1 .1 . | 7508. 7742. 7987. 82 77. 1254. 1213. 1260. 1199. 2 0. 0 18.6 18.7 16.9 169. 167. 165. 165. 174. 174. 171. 172. 5095. 5254. 5415. 5608. 948. 070. 853. 786. 2 2.9 19.9 18.7 16.3 115. 113. 112. 112. 118. 118. 116. 117. 1 9 7 1 - Q l . . . . .| -0 2 .... -0 3 .... - Q N . . . . .1 8617. 8923. 9158. 9421. 1109. 1181. 1170. 1145. 14.8 15.3 14.7 13.8 165. 164. 162. 160. 175. 178. 178. 173. 5778. 5961. 6112. 6269. 683. 707. 697. 661. 13.4 13.5 12.9 11.0 111. 110. 108. 106. 117. 119. 119. 115. .1 .1 . | .( 9759. 10021. 10197. 10439. 1142. 1098. 1040. 1017. 13.2 12.3 11.4 10.8 160. 160. 160. 161. 170. 167. 162. 163. 6452. 6608. 6760. 6976. 6 74. 647. 648. 707. 11.7 10.9 10.6 11.3 106. 106. 106. 107. 112. 110. 108. 109. 1 9 7 3 - Q 1 . . . . .| -Q 2 -... . | - 0 3 --------- .| -Q N .... . | 10982. 11420. 12154. 13028. 1223. 1399. 19 56. 2590. 12.5 14.0 19.2 2 4 .8 166. 169. 175. 181. 161. 161. 166. 165. 7400. 7799. 8411. 9123. 948. 1191. 1651. 2147. 14.7 18.0 24 .4 3 0. 8 112115. 121. 127. 108. 110. 115. 116. 197N-Q1•••• .| - Q 2 ---------3 3 ...... J - Q N . . . •. ( 13518. 13996. 14206. 14359. 2536. 2576. 2052. 1331. 23.1 2 2. 6 16.9 10.2 180. 179. 173. 166. 164. 169. 173. 174. 9493. 9073. 10013. 9981. 2093. 2073. 1602. 858. 28.3 26 .6 19.0 9. 4 127. 126. 122. 115. 115. 119. 122. 121. 1975— Q1. . . . -0 2 .. .. .( - 0 3 . . . . .| -Q N .... . | 14744. 15256. 15472. 15997. 1226. 1260. 1266. 1638. 9. 1 9.0 8 .9 11.4 163. 160. 156. 156. 181. 178. 171. 168. 10000. 10238. 10375. 10748. 50 7. 366. 362. 767. 5.3 3.7 3.6 7 .7 110. 108. 105. 105. 123. 120. 115. 113. 1 9 7 6 -Q 1 .••• .| -0 2 ..... -0 3 .... -Q N ----------. ( 16868. 17519. 17862. 18256. 2124. 2263. 2390. 2259. 14.4 14.8 15.4 14. 1 160. 162. 160. 158. 166. 167. 170. 168. 11262. 11824. 12124. 12369. 1262. 1586. 1749. 1621. 12.6 15.5 16.9 15. 1 107. 109. 109. 107. 111. 113. 115. 11 N. 1 9 7 7 - Q 1 . . . . .| - 0 2 --------- .| - 0 3 --------- .| - Q N . . . . .1 18935. 19510. 19844. 20049. 2066. 1991. 1982. 1794. 12.2 11.4 11.1 9 .8 159. 159. 156. 152. 169. 172. 172. 165. 12721. 13073. 13311. 13420. 1459. 1249. 1186. 1050. 13-0 10.6 9 .8 8 .5 107. 106. 105. 102. 113. 115. 115. 110. .1 .| .| . | 20429. 21013. 21869. 23198. 1494. 1502. 2025. 3148. 7 .9 7.7 10.2 15.7 152. 154. 158. 165. 160. 156. 157. 159. 136N4. 14070. 14828. 16036. 923. 997. 1517. 2616. 7 .3 7 .6 11.4 19.5 101. 103. 107. 114. 107. ION. 106. 110. 1 9 7 9 - Q 1 . . . . .| - 0 2 . . . . •| -Q 3 .... - Q N . . . . .| 2N755. 26152. 27190. 29027. 4326. 5139. 5321. 5830. 2 1.2 2 4 .5 2 4 .3 25. 1 172. 176. 176. 180. 161. 161. 160. 162. 17267. 18490. 19369. 20875. 3623. 4420. 4542. 4840. 2 6.6 3 1. 4 30.6 3 0.2 120. 124. 125. 130. 112. 11 N. 114. 117. .) .( .( .J 1 30704. 31578. 31984. 32289. 5949. 5427. 4794. 3262. 2 4 .0 2 0 .8 17.6 11.2 182. 178. 171. 168. 165. 167. 159. 154. 22030. 22358. 22414. 22455. 4763. 3867. 3045. 1580. 2 7 .6 20.9 15.7 7.6 130. 126. 120. 116. 119. 118. 112. 107. 1 97 2-fll.... -0 2 .... - 0 3 --------Q N .... 1 9 7 8 -fll.... -0 2 .... - 0 3 --------Q N .... 1 98 0-Q 1 .... -0 2 .... -Q 3 .... -Q N .... • AVEBAGE LOANS o u t s t a n d i n g dobing the PRECEDING POOR QU ARTE RS "MEN LOANS" ARE COHPOTED AS LOANS BADE LESS RENF.HALS. brmrhhs (AVERAGE OF END-OF -Q UA ST ER DATA). TurTiinp wn« »rcnTrriT Timn. rnm<! ts vv hdtui on P»r.» *» - 14 TABLE 213. IQ PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS COLLECTIONS RENEWALS | | | 1 PERCENTAGE CHANGE FROB PREVIOUS | BILLIO NS | PERCENTAGE CHANGE I AS PERCENTAGE OF FROB PREVIOUS 1 OF | 1 LOANS COLLECTIONS | DOLLARS | j LOANS OUT.QUARTER YEAR . 1 STANDING* _ SAP!___ AND RENEWALS | AS PER1 CENTAGE OF | LOANS O U T 1 STANDING* QUARTER | BIL LI ON S 1 OF | DOLLARS 1 _ QUARTER YEAR 1960-Q1........... - Q 2 .......... - Q 3 ........... - Q 4 ........... | | | | 237. 152. 106. 234. 11.7 -3 5 .9 -3 0 .4 120.8 2 0. 5 17.2 10.2 17. 10. 6. 14. 34. 24. 21. 31. 40. 33. 20 . 26. | | | | 353. 303. 429. 673. -4 4 .5 -1 4.1 4 1. 6 5 6.7 ***** 8 .3 2 .0 5.8 26 . 20. 26. 41 . 1961-Q1........... - Q 2 ........... - Q i .......... - Q 4 ........... | | j 1 273. 163. 121. 250. 17.0 -4 0 .5 -2 5 .7 106.6 15.4 7. 0 14.2 6.8 18. 10. 7. 14. 34. 24. 22. 30. 41. 34. 21. 25. | | | | 394. 322. 448. 733. -4 1 .5 -1 8.1 3 9 .0 6 3 .6 11 .5 6.3 4.3 8 .9 26. 20. 25. 41 . 1962-Q1........... - Q 2 ........... - Q 3 ........... - Q 4 ........... | | | | 307. 189. 134. 276. 2 2 .7 -3 8 .2 -2 9 .4 106.7 12.1 16.3 1 0.5 10.6 19. 11. 7. 14. 35. 25. 21. 29. 41. 35. 21. 26. | I | | 438. 352. 510. 806. -4 0 .3 -1 9 .6 4 4 .9 5 8 .0 11.2 9.2 13.8 9.9 26. 20 . 26. 41 . 1963-Q1........... - Q 2 ........... - Q 3 ........... - Q 4 ........... | | | | 339 . 215. 150. 329 . 2 2 .6 -3 6 .4 -3 0 .5 119.9 10.5 13.8 11.9 19.1 18. 11. 7. 14. 35. 25. 21. 32. 43. 36. 21. 28. | | | | 453. 379. 549. 865. -4 3 .7 -1 6 .4 4 4 .6 5 7 .7 3.6 7 .8 7.6 7 .4 24. 19. 24. 38. 1964-Q1........... - Q 2 ........... - Q 3 ........... - Q 4 ........... | I | | 394. 234. 163. 366. 19.7 -4 0 .6 -3 0 .3 124.5 16.3 8.5 8 .8 11.1 19. 10. 6. 15. 37. 26. 23. 35. 43. 37. 23. 29. | | | | 514. 401. 554. 903 . -4 0 .6 -2 2 .0 3 8. 3 6 2 .9 1 3.4 5.6 1.0 4.4 24. 18. 22 . 3 6. 1965-Q1........... -Q 2 ..... - Q 3 ........... ~Q4........... | | | | 430 . 248 . 170. 399. 17.6 -4 2 .3 -3 1.6 134.7 9 .3 6. 2 4.3 9 .0 19. 10. 6. 14. 39 . 25. 21. 32. 45. 36. 22. 29. | | | | 533. 440. 616. 995. -4 1 .0 -1 7 .5 40.1 6 1 .6 3 .6 9 .7 11.1 1 0 .2 2 3. 18. 22. 36. 1966-Q1........... -Q 2 ........... - Q 3 ........... ” Q4........... | | I | 485 . 269. 195. 446. 2 1 .6 -4 4 .5 -2 7 .5 128.9 1 2.7 8 .3 14.8 11.9 19. 10. 6. 14. 36. 24. 20. 33. 43. 34. 20. 31. | | | | 655. 533. 768. 1015. -3 4 .2 -1 8 .5 44. 1 32.1 2 2 .9 21.2 2 4 .7 1.9 25. 19. 24. 32 . 1967-Q1........... “ Q2.......... - Q 3 .......... ” Q4........... | | | | 584. 335. 237 . 506. 3 0 .9 -4 2 .7 -2 9.1 113. 1 2 0 .5 24.4 2 1 .8 13.4 19. 10. 6. 14. 38. 26. 23. 32. 46. 36. 22. 31. | | | | 684. 591. 853. 1121. -3 2 .6 -1 3 .5 4 4. 3 3 1 .4 4.5 10.9 11.1 1 0. 5 22 . 18. 23. 31 . 1968— Q1........... - Q 2 .......... - Q 3 ........... - Q 4 ........... | | I | 712. 432. 296. 593. 4 0 .8 -3 9 .4 -3 1 .6 100.7 2 2 .0 29.1 2 4 .6 17.3 20. 11. 7. 15- 41. 31. 25. 34. 47. 40. 23. 32. | | | | 79 7. 655. 983. 1281. -2 8 .9 -1 7 .9 50.1 3 0. 3 16 .6 1 0.7 15.2 14.2 22 . 17. 24. 32. 1969-Q1.......... - Q 2 .......... - Q 3 ........... - Q 4 .......... | | | | 786. 471. 315. 683. 3 2 .5 -4 0 .1 -3 3 .0 116.5 10.3 9 .0 6 .6 15.1 20. 11. 7. 15. 41. 28. 23. 32. 48. 37. 22. 33. | | | I 850. 787. 1107. 1396. -3 3 .6 -7 .4 4 0 .7 26.1 6.6 20.2 1 2.7 9.0 22. 19. 24. 31. 1970-Q1........... - Q 2 ........... “ Q3.......... - Q 4 .......... | | | | 944. 547. 399. 779. 3 8 .3 -4 2 . 1 -2 7 .0 95.1 20.1 16. 1 2 6 .6 14.1 21. 11. 7. 15. 40. 29. 25. 33 . 48. 37. 23. 34. I | i | 1029. 930. 1308. 1533. -2 6 .3 -9 .6 4 0. 7 17.2 2 1. 1 18.1 18. 1 9.8 23. 19. 24 . 29. 1971-Q1........... - Q 2 .......... - Q 3 .......... - Q 4 .......... | | | | 1115. 670. 483. 885. 4 3.2 -3 9 .9 -2 7 .9 8 3 .3 18.1 2 2 .5 2 0 .9 13.7 21. 12. 8. 14. 41. 30. 26. 33. 49. 39. 25. 33. | | | | 1149. 1033. 1442. 1833. -2 5 .0 -1 0 .0 3 9 .5 27.1 11.7 11.2 10.2 19 .6 22 . 18. 23. 30. 1972-Q1........... | - Q 2 .......... | - Q 3 ........... I - Q 4 ........... | 1269. 776. 507. 910. 4 3.4 -3 8 .9 -3 4 .6 7 9 .5 13.8 15.9 5.1 2.9 21. 12. 7. 14. 42. 31. 25. 31. 47. 37. 23. 32. | I I | 1439. 1304. 1708. 1973. -2 1 .5 -9 .4 31 .0 15.5 2 5 .2 2 6 .2 1 8.5 7.6 24. 20 . 25. 30. 1973-Q1........... "Q 2 ........... - Q 3 ........... - Q 4 .......... | | | I 1389. 815. 630. 1072. 5 2 .5 -4 1 .3 -2 2 .7 7 0.3 9. 4 5 .0 24.1 17.8 21. 12. 8. 14. 39. 28. 23. 28. 43. 34. 25. 30. | | 1 I 1854. 1571. 1938. 2529. -6 .0 -1 5 .2 2 3. 4 3 0 .5 2 8 .8 20.5 13 .5 2 8 .2 28. 23. 26. 33. 1 9 7 4 - Q l ........... - Q 2 ........... - Q 3 ........... - Q 4 ........... | | J | 1509. 913. 699. 1257. 4 0 .7 -3 9 .5 -2 3 .4 7 9 .8 8.6 12-1 11.0 17.2 19. 11. 8. 13. 37. 27. 24. 32. 41. 36. 27. 33. | | | | 2203. 1597. 1888. 2585. -1 2 .9 -2 7 .5 1 8.2 3 6 .9 18.8 1 .7 -2 .6 2.2 28. 19. 21. 27. 19 75-Q1 .......... ,| - Q 2 ........... | - Q 3 .......... ,| - Q 4 ........... | 1876. 1187. 778. 1409. 4 9. 2 -3 6 .7 -3 4 .5 8 1 .2 2 4.3 30.0 11.3 12.1 20. 12. 7. 13. 42. 30. 24. 32. 48. 37. 25. 32. J | | | 2069. 2022. 2379. 3031. -2 0 .0 -2 .3 17.6 2 7 .4 -6 . 1 2 6 .6 26.0 17.2 22. 20. 22. 23. 1976-Q1.......... - Q 2 ........... - Q 3 ........... -Q 4 ........... | | | | 2233. 1275. 820. 1557. 5 8 .5 -4 2.9 -3 5 .7 8 9 .8 19.1 7.5 5 .5 10.5 21. 11. 7. 13. 42. 28. 23. 32. 45. 35. 26. 31. | | | | 2709. 2390. 2385. 3403. -1 0 .6 -1 1 .8 -0 .2 4 2. 7 3 0 .9 18 .2 0. 3 12.3 25. 22. 20. 28. 1977-Q1.......... | - Q 2 .......... ,J - Q 3 .......... I - Q 4 .......... | 2561. 1499. 916. 1654. 64.4 -4 1 .5 -3 8.9 8 0 .5 14.7 17.6 11.7 6 .2 21. 12. 7. 12. 43. 29. 24. 33. 46. 38. 26. 29. | | | | 3055. 2480. 2620. 4010. -1 0 .2 -1 8 .8 5 .6 53.1 1 2.8 3. 7 9.8 17.8 25. 20. 19. 28. 1978-Q1.......... | - Q 2 .......... | - Q 3 .......... ,| - Q 4 .......... ,| 2716. 1657. 1015. 1775. 6 4 .2 -3 9 .0 -3 8 .8 7 4 .9 6. 1 10.5 10.8 7. 3 20. 12. 7. 12. 43. 29. 22. 28. 43. 34. 25. 28. | | | I 3669. 3193. 3074. 4678. -3 .5 -1 3 .0 -3 .7 5 2.2 20, 1 28, 8 17. J 16.7 27. 24. 21. 31. 1979-Q1.......... ,| - Q 2 .......... ,| - Q 3 .......... - Q 4 ..........,| 3041. 1830. 1174. 2106. 7 1. 4 -3 9 .8 -3 5 .9 7 9.4 12.0 10.5 15.7 18.7 20. 12. 7. 12. 38. 26. 20. 26. 41. 31. 23. 27. | | i | 4440. 4018. 3852. 5567. -5 . 1 -9 .5 -4 . 1 4 4. 5 2 1 .0 2 5. 8 25. 3 19.0 30. 2b. 23. 32. 1980-Q1........... | - Q 2 .......... ,| - Q 3 .......... .| - Q 4 .......... ,| 3563. 2378. 1523. 2370. 69.1 -3 3 .3 -3 5 .9 5 5.6 17. 1 2 9 .9 2 9 .7 12.5 20. 13. 8. 12. 37. 30. 25. 28. 41. 35. 23. 27. | | I | 5136. 4405. 4961. 6454. -7 .7 -1 4 .2 12.6 30. 1 15.7 9.6 2 8 .8 15. 9 28. 23. 25. 32. * LOANS OUTSTANDING AT END CF PRECEDING QUARTER. RENEWALS AND COLLECTIONS INCLUDE SOBE NONAGRICULTUfiAL LOANS (SEE NOTE ON PAGE 8) 15 TABLE 2 1 3 .2 Q PR O DUCTIO N C R E D IT A S S O C I A T I O N S RE N EW A L S AND C O L L E C T I O N S S E A S O N A L L Y - A D J U S T E D ANNUAL R A 1 E RENEWALS QUARTER | MILLIONS i i OF | DOLLARS PERCENT AGE CHANGE FROM PREVIOUS QUARTER YEAR 1960— Q1____ | - Q 2 -------- .| - Q 3 -------- . ( * - Q 4 -------- | 682. 731. 734. 790. ***** 1961-Q1____ - Q 2 -------- . ) - Q 3 -------- | -Q<*-------- | 781. 775. 842. 850. -1 . 1 -0 .7 8.6 0. 9 14.5 6.0 14.8 7 .6 49. 1962-Q1____ . | - Q2 -------- .| - Q 3 -------- .] - Q 4 -------- ] 878. 901. 940. 940. 3.3 2 .7 4 .3 -0 . 1 12.4 16.3 11.7 10.6 1963-Q1 ____ .1 - Q 2 .......... | - Q 3 ---------- | - Q 9 .......... 1 964. 1015. 1065. 1107. 2.6 5 .3 4 .9 4 .0 1964-Q1.......... | - Q 2 -------- | - Q 3 . .•• \ - Q 9 .......... | 1110. 1114. 1172. 1221. 1 9 6 5 - Q i .......... - Q 2 .......... - Q 3 .......... - Q 9 .......... | | | I 1966-Q1.......... - Q 2 .......... - Q 3 .......... - Q 9 .......... 1967-Q1.......... - Q 2 -------- Q 3 -------- Q * .......... 7.2 0. 4 7. 7 ***** ***** ***** ***** 1 .1 | AS PERCENTAGE OF | MILLIONS | 1 OF | 1 | LOANS OUTLOANS COLLECTIONS| DOLLARS | i STANDING* MADE AND RENEWALS 1 1 1 46. 27. 29. | 1656. 1753. 48. 23. 29. | 47. 28. 29. | 1773. 50. 29. 30| 1834. 49. 47. 50. COLLECTIONS PERCENTAGE CHANGE FROM PREVIOUS | AS PER| CENTAGE OF | LOANS OUT_ 1 STANDING* QUARTER . TEAR ***** ***** ***** ***** 112. 115. 114. 116. 5.9 1.2 3.4 28. 2829. 29. 30. 29. 31. 30. | | | | 1827. 1860. 18791981. -0 .3 1.8 1.0 5.4 10.4 6. 1 5.9 8.0 114. 112. 111. 114. 50. 49. 29. 29. 28. 27. 30. 31. 31. 30. I | | 1 2030. 2019. 2119. 2173. 2 -5 -0 .5 4. 9 2.6 11. 1 8 .5 12.8 9.7 114. 111. 114. 1 13. 9 .9 12.6 13.2 17.8 48. 49. 49. 50. 28. 2929. 31. 32. 32. 32. 32. 1 | | 1 2077. 2165. 2291. 2347. -4 .4 4.2 2.5 2.3 7 .2 8. 1 8 .0 104. 104. 106. 105. 0 .3 0. 4 5 .2 4 .2 15.1 9 .8 10. 1 10.3 49. 48. 49. 32. 33. 34. 33. 1 50. 30. 31. 32. 33. 2345. 2265. 2296. 2500. -0 .1 -3 .4 1.4 8.9 12.9 4 .6 0.2 6 .5 103. 97. 97. 102. 1211. 1182. 1231. 1322. -0 .9 -2 .3 4. 1 7.4 9-1 6.1 5 .0 8.3 49. 47. 48. 49. 31. 29. 29. 30. 33. 3233. 32. 2427. 2458. 2496. 2819. -2 .9 1.3 1.5 13.0 3. 5 8.5 8.7 12.8 99. 99. 97. 105. | | | | 1347. 1288. 1418. 1516. 1.9 -4 .4 10. 1 6 .9 11.2 8 .9 15.2 14.7 49. 45. 48. 49 . 29. 27. 28. 31. 31. 31. 32. 34. | | J | i | I | | 2981. 2929. 3064. 2935. 5 -7 -1 .8 4. 6 -4 .2 2 2 .8 19.2 2 2. 8 4. 1 108. 103. 103. 95. | | | | 1610. 1604. 1720. 1758. 6 .2 -0 .4 7.2 2. 2 19.5 2 4. 6 2 1 .3 15.9 50. 48. 49. 31. 30. 31. 31. 34. 33. 34. 35. | 1 I | 3113. 3185. 3351. 3325. 6 .0 2.3 5.2 -0 .8 4 .4 8 .8 9 .4 13.3 97. 96. 97. 93. 1908-Q1___ _ | - Q 2 .......... | - G 3 .......... | - Q 4 ...........J 1950. 2017. 2121. 2129. 11.0 3. 4 5. 1 0 .4 21.1 2 5. 7 2 3 .3 21 . 1 52. 53. 55. 54. 3335 . 35. 33. 35. 37. 36. 35. | | | | 3616. 3451. 3799. 3899. 8. 8 -4 .6 10.1 2 .6 16.2 8. 4 13.4 17.3 97. 91. 98. 98 . 1969-Q1...........1 - G 2 ...........( -Q 3 .......... -Q*».......... 2128. 2209. 2233. 2455. -0 . 1 3 .8 1.0 9 .9 9.1 9.5 5.3 15.3 53. 53. 51. 54. 33. 32. 31. 32. 36. 35. 35. 36. 3800. 4060. 4235. 4355. -2 .6 6.9 4 .3 2. 8 5. 1 17.6 11.5 11.7 94. 97. 97 . 97. 1970-Q 1.......... . t "Q 2 ---------- .1 - Q 3 .......... ,| -Q<*.......... .1 2554. 2570. 2791. 2^44. 4.0 0.6 8 .6 1.9 2 0. 0 16.3 2 5 .0 15.9 54. 52. 32. 32. 33. 32. 36. 35. 35. 37. 4546. 4706. 51384910. 4 .4 '3 .5 9 .2 -4 .5 1 9.6 15.9 2 1 .3 12.7 96. 96. 101. 93. 1971-Q1.......... . | - Q 2 .......... I - Q 3 ...........| - Q 9 .......... . | 3017. 3121. 3343. 3273. 6.1 3 .4 7.1 -2 . 1 18.2 21 .4 19.8 15. 1 55. 54. 56. 53. 33. 34. 35. 33 . 38. 38. 37. 35. 1 | I | 1 | | | | I | | | | 4989. 5148. 5670. 5962. 1.6 3.2 10.1 5.1 9 .8 9.4 10.4 2 1. 4 90. 89. 94. 97. 1 97 2-Q 1______| - Q 2 .......... .| - Q 3 .......... . | -Q<*.......... ,| 3424. 3638. 3494. 3482. 4.6 S.3 -4 . 0 -0 .4 13.5 16.6 4 .5 6 .4 54. 56. 53. 53. 34. 35. 33. 32. 36. 36. 34. 35. | | 1 | 6096. 6420. 6819. 6480. 2 .2 5.3 6. 2 -5 .0 2 2. 2 2 4 .7 2 0 .3 8. 7 97 . 99. 104. 98. 1973-Q1..........,| - Q 2 .......... ,| - Q 3 .......... . | - Q 4 .......... ,| 3725. 3737. 4346. 4138. 7 .0 0 .3 16.3 -4 .8 8.8 2 .7 2 4. 4 18.9 55. 53. 60. 54. 31. 31. 31. 29. 33. 33. 35. 33. 7616. 7643. 7902. 8357. 17.5 0.3 3.4 5 .8 2 4 .9 19.0 1 5.9 2 9. 0 112109. 109. 110. 1974-Q1.......... ,| - Q 2 .......... .| - Q 3 .......... , | - Q 4 .......... ,| 4019. 4126. 4855. 4914. -2 .9 2 .7 17.7 1-2 7 .9 10.4 11.7 18.7 50. 50. 53. 29. 30. 32. 33. 31. 35. 38. 36. | | I | 1 | 1 1 1 8768. 7633. 7889. 8594. 4 .9 -1 2 .9 3.4 8. 9 15. 1 -0 . 1 -0 .2 2. 8 109. 92. 90. 92. 1975-Q1.......... .1 —Q2. . • •., | - Q 3 .......... ,| “ Q4........... 1 4966. 5318. 5456. 5490. 1. 1 7. 1 2. 6 0.6 2 3 .6 2 8 .9 12.4 1 1.7 51. 5253. 52. 33. 34. 33. 32. 38. 36. 35. 35. | | J I 8156. 9566. 10202. 10074. -5 .1 17.3 6 .6 -1 .3 -7 .0 2 5.3 2 9. 3 17.2 84. 94 . 98. 95. 1976-Q1........... J - Q 2 .......... ,1 - Q 3 .......... , | - Q 4 ........... | 5859. 5671. 5810. 6104. 6. 7 -3 .2 2 .5 5. 1 18.0 6.6 6.5 11.2 54. 50. 50. 51. 33. 3132. 33. 36. 34. 36. 35. 10619. 11174. 10487. 11310. 5 .4 5. 2 -6 . 1 7 .9 30 .2 16.8 2 .8 12.3 97 . 9 9. 90 . 94. 1977-Q1.......... J - Q 2 .......... | - Q 3 ........... | -Q 1* .......... ,J 6668. 6669. 6525. 6613. 9 .2 0. 0 -2 .2 1.4 13 .8 17.6 12-3 8.3 54. 52. 49. 48 . 33. 3333. 34. 36. 37. 36. 33. | | | I I | | | 1 11853. 11468. 11721. 13373. 4. 8 -3 .2 14.1 11.6 2.6 11 .8 18.2 96. 90. 88. 97 . 1978-Q1........... - Q 2 ................. , | - Q 3 .......... - Q 9 ................ , | 7018. 7230. 7231. 7295. 6. 1 3 .0 0 .0 0. 9 5 .3 8.4 10.8 10.3 51. 53. S 2 5 o . 33. 32. 30. 29. 33. 33. 34. 32. I 1 | | 14058. 14667. 13943. 15622. 5.1 4. 3 -4 .9 12.0 18.6 2 7 .9 19.0 16.8 103. 107. 100. 107. 1979-Q1 ................. | - Q 2 ................. | - Q 3 .......... | - Q * ................. | 7 8*8. 7tf$4. 8343. 8903. 7 .4 0.6 5. 0 6 .7 11.7 9. 1 15.4 2 2.0 52. 50. 51. 52. 30. 28. 28. 27. 32. 30. 32. 32. 16936. 18392. 17624. 18646. 8- 4 8 .6 -4 .2 5 .8 2 0. 5 2 5. 4 2 6 .4 19.4 112. 117. 108. 109. 1980-Q1 ................. | - Q 2 ................. | - Q 3 ................. | - Q 4 ..................|: 9178. 10424. 10815. 994 1. 3.1 13.6 3-8 -8 . 1 17. 1 32.2 2 9. 6 11.7 50. 54. | I | | I 29. 32. 34. 32. | 3 3 . 19448. 20137. 22706. 21664. 4. 3 3 .5 12.8 -4 .6 14.8 9.5 2 8. 8 16.2 106. 104. 115. 111. 49. 50. 50. 55. 54. 55. 55. 51. 34. 30. 3 1. 1 | I 1 1 j A * SEA SO N AL LY -A DJ US TE D LOANS OUTSTA ND IN G AT END OF PR EC EDING QUARTER. RENEWALS AND COLLEC TI ON S INCLUDE SOME NONAGRICUL TJ RA L LOANS (SEE NCIE ON PAGE 8). 5.8 . 2.2 16 PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS FOUR-QUARTER NOTING TOTAL TABLE 213.3Q 1960-Q1.... -Q2.... -Q3.... -Q4.... I I I | MILLIONS I OF | DOLLARS 1 1 1 | 666. | 692. | 707. | 729. 1961-Q1.... -Q2.... -Q3.... -Q4.... | | 1 | 1962-Q1.... -Q2.... -Q3.... -Q4.... YEAR ENDING— COLLECTIONS 1 _l __ CHANGE FROM I 1| | MILLIONS j| PREVIOUS YEAR AS PERCENTAGE OF ! OF | COLLECTIONS! DOLLARS || MILLIONS LOANS LOANS OUT PERCENT AND RENEWALS! | OF STANDING* MADE _________ L __ 1l DOLLARS _ 1 ****** ***** 26. 28. 1 1690. 47. ***** ****** 27. 29. | 1713. 47. ***** ****** 29. ! 1722. 28. 47. ****** ***** 29. | 1759. 28. 47. RENEWALS CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS PERCENT AS | {| PERCENTAGE | OF I| LOANS OUT| STANDING* JI ****** ****** ****** ****** ***** ***** ***** ***** 765. 776. 791. 807. 99. 84. 84. 78. 14.9 12.2 11.8 10.7 49. 48. 48. 48. 28. 28. 28. 28. 30. 30. 30. 30. ] | | 1 1799. 1818. 1837. 1897. 109. 105. 115. 138. 6.5 6. 1 6. 7 7.9 114. 113. 112. 113. | | | | 840. 867. 879. 906. 75. 91. 88. 99. 9.8 11.7 11.2 12.2 49. 49. 49. 49. 29. 29. 28. 28- 30. 31. 30. 30. | | | I 1941. 1971. 2032. 2105. 142. 152. 195. 208. 7.9 8.4 10.6 11.0 113. 112113. 114. 1963-Q1.... -Q2.... -Q3.... -Q4.... | | | | 938. 964. 980. 1033. 98. 97. 101. 127. 11.7 11.2 11.4 14.0 49. 49. 48. 49. 28. 28. 28. 29. 31. 31. 31. 31. I 1 | | 2121. 2148. 2187. 2247. 180. 178. 155. 142. 9.3 9.0 7.6 6.7 112. 109. 107. 106. 1964-Q1.... -Q2.... -Q3.... -Q4.... | | | | 1088. 1106. 1119. 1156. 150. 142. 139. 123. 16.0 14.7 14.2 11.9 50. 49. 48. 49. 30. 30. 30. 31. 32. 32. 32. 33. I | | | 2307. 2328. 2334. 2372. 186. 180. 147. 126. 8.8 8.4 6.7 5.6 105. 103. 101. 100. 1965-Q1.... -Q2.... -Q3.... -Q4..... J | 1 | 1193. 1207. 1214. 1247. 105. 101. 95. 91. 9.6 9.1 8.5 7.9 50. 49. 49. 49. 3231. 31. 30. 3333. 33. 33. | | | | 2391. 2430. 2491. 2584. 84. 101. 157. 212. 3.6 4.4 6.7 8.9 99. 99. 100. 101. 1966-Q1.... -Q2.... -Q3..... -Q4.... | 1 | | 1 1 | | | 1301. 1322. 1347. 1395. 109. 115. 133. 148. 9.1 9.5 11.0 11.9 49. 49. 48. 48. 30. 29. 29. 29. 32. 32. 31. 32. | | | | 2706. 2799. 2951. 2971. 315. 369. 460. 387. 13.2 15.2 18.5 15.0 103. 103. 104. 102. 1494. 1560. 1602. 1662. 193. 238. 255. 267. 14.8 18.0 18.9 19. 1 49. 49. 49. 49. 30. 30. 3131. 33. 34. 34. 34. | | 1 | 3000. 3058. 3143. 3250. 294. 259192. 279. 10.9 9. 3 6.5 9.4 99. 97. 96. 96. 1968-Q1..... J -Q2.... | -Q3.... | -Q4.... .| 1790. 1887. 1946. 2033. 296. 328. 344. 371. 19.8 21.0 21.5 22.3 51. 52. 52. 53. 32. 33. 33. 34. 35. 36. 35. 35. | I | | 3363. 3426. 3556. 3715. 363. 368. 412. 465. 12. 1 12.0 13. 1 14.3 95. 94. 95. 96. 1969-Q1.... -Q2.... -Q3.... -Q4.... .1 .J .| ,| 2107. 2145. 2165. 2255. 317. 258. 219221. 17.7 13-7 11.3 10.9 54. 53. 5253. 34. 33. 32. 32. 36. 35. 35. 35. | | | | 3767. 3900. 4025. 4140. 404. 474. 469. 425. 12.0 13.8 13.2 11.4 96. 97. 97. 97. 1970-Q1.... .| -Q2.... .( -Q3.... -Q4.... .1 2413. 2488. 2572. 2668. 306. 343. 407. 414. 14.5 16.0 18.8 18.4 54. 54. 53. 53. 32. 32. 32. 32. 36. 36. 36. 36. | | | | 4319. 4462. 4662. 4799. 552. 562. 637. 659. 14.6 14.4 15.8 15.9 97. 96. 97. 96. 1971-Q1.... .| -Q2.... .| -Q3.... -Q*.... .| 2839. 2962. 3046. 3152. 427. 474. 473. 484. 17.7 19.0 18.4 18.1 54. 55. 54. 54. 33. 33. 33. 33. 37. 37. 37. 37. | | | I 4919. 5022. 5156. 5456. 600. 561. 494. 658. 13.9 12.6 10.6 13.7 94. 93. 91. 93. 1972-Q1.... -Q2.... -Q3.... -Q4.... .1 ,| .| .t 3306. 3413. 3437. 3463. 467. 451. 392. 311. 16.5 15.2 12-9 9.9 54. 55. 54. 53. 34. 34. 34. 33. 37. 36. 35. 35. 5746. 6017. 6283. 6423. 828. 994. 1127. 967. 16.8 19.8 21.9 17. 7 94. 96. 98. 99. 1973-Q1____ -Q2.... -Q3.... -Q4.... .| .1 .( .| 3582. 3621. 3743. 3905. 276. 208. 306. 442. 8.3 6. 1 8.9 12.8 54. 54. 54. 54. 33. 32. 31. 30. 34. 34. 34. 33. 6838. 7106. 7336. 7892. 1092. 1089. 1052. 1469. 19.0 18. 1 16.7 22.9 103. 105. 106. 110. 1974-Q1.... .| -Q2.... .| -Q3----Q4.... .| 4025. 4124. 4193. 4378. 443. 503. 450. 472. 12.4 13.9 12.0 12. 1 54. 53. 51. 51. 30. 29. 30. 30. 33. 33. 34. 35. 8241. 8267. 8217. 8273. 1403. 1162. 882. 381. 20.5 16.3 12.0 4.8 110. 106. 100. 96. 1975-Q1.... .| -Q2.... -Q3.... .1 -Q4 .... .t 4744. 5018. 5097. 5249. 719. 894. 904. 871. 17.9 21.7 21.6 19.9 52. 53. 51. 51. 32. 33. 33. 33. 37. 37. 36. 36. 8140. 8565. 9056. 9501. -101. 297. 838. 1228. -1.2 3. 6 10.2 14. 8 90. 90. 91. 93. 1976-Q1.... -Q2.... -Q3.... -Q4.... .| ,| ,| .1 5606. 5695. 5738. 5886. 862. 677. 641. 638. 18.2 13.5 12.6 12. 1 53. 53. 51. 3 33. 32. 12. 36. 3535. 35. 10142. 10510. 10516. 10888. 2002. 1945. 1460. 1387. 24.6 22.7 16. 1 14.6 96. 97. 94. 94. 1977-Q1.... .J -Q2..... 1 -Q3.... | -Q4.... ,| 1 1978-Q1.... ,| -Q2.... ,| -Q3.... -Q4.... ,1 6214. 6438. 6533. 6630. 607. 743. 796. 743. 10.8 13.0 13.9 12.6 52. 52. 51. 50. 33. 3333. 33. 36. 36. 36. 35. | | I | 1 | | | | 1 | | | | 1 | | | | ! | | | i 1 | | | | 11234. 11323. 11557. 12164. 1092. 8131041. 1276. 10.8 7.7 9.9 11.7 94. 92. 91. 93. 6785. 6942. 7041. 7162. 571. 505. 508. 532. 9.2 7.8 7.8 8.0 50. 51. 51. 51. 33. 33. 32. 31. 35. 34. 34. 33. 12777. 13491. 13945. 14614. 1544. 2166. 2388. 2450. 13. 7 19. 1 20.7 20. 1 95. 99. 101. 104. 1979-Q1.... | -Q2.....,| “ Q3.... ,| -Q4..... | 7488. 7661. 7821. 8152. 703. 719. 779. 990. 10.4 10.4 11.1 13.8 52. 51. 51. 51. 30. 29. 29. 28. 33. 32. 32. 31. 15385. 16210. 16988. 17977. 2607. 2719. 3043. 3263. 20.4 20.2 21.8 22. 3 107. 109. 110. 111. 1980-Q1.... ” Q2.... -Q3.... -Q4.... 8673. 9221. 9570. 9834. _ 1185. 1559. 1749. 1682. 15.8 20.4 22.4 20.6 51. 52. 51. 51. 28. 29. 30. 30. 32. 33. 3232. 18573. 18960. 20068. 20955. 3188. 2750. 3080. 3079. 20.7 17.0 18. 1 17.2 110. 107. 106. 109. 1967-Q1..... -Q2..... -Q3.... “ Q4.... ,| ,| ,| .1 J. | | | | 1 I | | | 1 | | | | _1 _ * AVERAGE LOANS OU TS TA ND IN G DURING THE PRECEDING FOUR QUARIh'FS (AVERAGE GF END-OF-QUARTER DATA). RENEWALS AND CO LL EC TI ON S INCLUDE SOHE NO NA GR ICULTURAL LOANS (SEE NOTE ON PAGE 8). 119. 117. 114. 114. TABLE 221. IQ FEDERAL LAND BANKS LOANS OU TS TA ND IN G AMOUNT END OF QUARTER | | 1 _ i MILLIONS OF DOLLARS NUMBER OF LOANS | END OF | CHANGE FROM PREVIOUS! uUARIEL 1 1 _______ 1____ f l J Z A i m __ L E A R _L_ PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR 1S64- 1.... . | .| -Q3--- .| -Q4.... .1 3406. 3516. 3620. 3717. ***** 110. 104. 97. ***** ***** ***** ***** **** 3.2 3. 0 2. 7 **** **** **** **** 1965-Q1.... .| -Q2--- .| -Q3--- ,| -Q4--- .| 3d89. 4057. 4171. 4280. 172. 167. 114. 109. 4 83. 541. 551. 563. 4.6 4.3 2.8 2.6 14.2 15.4 15.2 15. 1 1966-Q1___ .| -Q2--- .1 -Q 3--- .| -Q4.... .| 4477. 4724. 4900. 4957. 197. 247. 176. 57. 588. 667. 729. 677. 4.6 5.5 3.7 1.2 15. 1 16.4 17.5 15.8 1967-Q1.... .1 -Q2--- .| -Q3--- •| -Q4.... .j 5111. 5303. 5449. 5608. 154. 192. 147. 159. 634. 379. 550. 651. 3- 1 3. 8 2.8 2.9 14.2 12.3 11.2 13. 1 19t)8-Q1. •• •.| -Q2--- .| “ Q3--- .1 -Q4.... . | 5793. 5973. 6064. 6125. 185. 179. 91. 62. 682. 670. 614. 517. 3.3 3. 1 1.5 1.0 13.3 12.6 11.3 9.2 1969-Q1.... .| -Q2--- .1 -QJ..-. .| -Q4--- .| 6317. 6556. 6676. 6713. 192. 239. 120. 37. 524. 583. 612. 588. 3. 1 3. 8 1.8 0.6 9.0 9.8 10. 1 9.6 1970-Q1..-. .| -Q2.... .| -Q3--- .| -Q4--- .| 6833. 6994. 7101. 7186. 119. 161. 107. 85. 516. 438. 425. 473. 1. 8 2. 4 1.5 1.2 8.2 6.7 6.4 7.0 1971-Q1___ .| -Q2--- .1 -Q3--- .| -Q4---- .1 7347. 7579. 7766. 7917. 160. 232. 188. 150. 514. 585. 665. 731. 2.2 J. 2 2.5 1.9 7.5 8.4 9.4 10.2 1972-01___ .| -32.-.. .j --- . | .I -Q 8139. 8426. 8749. 9092. 222. 2 36. 323. 343. 793. 847. 982. 1175. 2.8 3.5 3-8 3.9 10.8 1 1.2 12.6 14.8 1973-g 1--- .1 -Q2.... -Q3--- . | .| ! 1974-QU... '•Q2-... .1 -03--- .3 -Q4--- 9568. 10077. 10525. 1094 7. 47C. 510. 447. 422. 1426. 1652. 1776, 1855. 5.2 5.3 4.4 4. 0 17.5 19.6 20.3 20.4 11467. 12176. 12877. 13456. 520. 710. 70C. 5 80. 1899. 2099. 2352. 2509. 4.7 b. 2 5.7 4. 5 19.8 20.8 22.3 22.9 I975-Q1____ .J -Q2-... .« -Q3--- -i .! 14179. 1493H. 15518. 16014. 723. 759. 580. 496. 2 7 12. 2762. 2641. 7557. 5.4 5. 4 3.9 3.2 23.7 22.7 20.5 19.0 1976-Q 1. .. *.| -Q2--- .| -Q3--- • | -Q4-... .) 16700. 17403. 17982. 18524. 686. 703. 579. 542. 2521. 24 6 5. 2464. 2510. 4.3 4. 2 3. 3 3. 0 17.8 16.5 15.9 15.7 I977-Q1.... . | -Q2..-. .1 -Q3---- . 1 -Q4---- .| 19331. 20190. 2 Ota 74. 21466. 807. 859. 684. 593. 263 1. 2787. 289 1. 2942. 4. 4 4. 4 3. 4 2. 8 15.8 16.0 16. 1 15.9 1978-Q1.___ -Q2---- .| -Q3 ------- .j -Q4---- . | 22234. 23131. 23939. 24668. 768. 897. 808. 729. 2903. 2940. 3065. 3202. 3.6 4. 0 3. 5 3.0 15.0 14.6 14.7 14.9 1979-Q1.... .| -Q2.... .1 -Q3.--- .i -Q4---- .1 25851. 27261. 28430. 29725. 1183. 1410. 1169. 1295. 3617. 4 130. 4492. 5057. 4. 8 5.5 4.3 4. 6 16.3 17.9 18.8 20.5 1878. 2078. 1171. 1180. 5752. 6420. 6422. 6307. 6. 3 6.6 3.5 3.4 22.3 23.6 22.6 21.2 1980-Q1-... .| 31603. -Q2-... .| 33681. -Q3--- •| 34852. -Q4---- . | 36032. - J ___________ 1 1 1 1 1. I I 1 1 1 1 1 1 1 1 1 1 I 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 t 1 1 1 1 1 J ! f 1 i 1 1 i i 1 1 i 1 ! 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 J 1 i 1 1 1 1 __1 1 1 AVERAGE SIZE PERCEN TA GE CHANGE FROM PREVIOUS THOUSANDSI 1 1 1 | QUARTEB YEAR ____L_ DOLLARS 1 _J__ 379. 1 380. 1 380.9 380.6 **** 0. 3 0.2 -0. 1 **** **** **** **** 382.3 384. 3 384.9 384.2 0.4 0.5 0. 1 -0.2 0.8 1.1 1. 1 0.9 386.0 389.7 391-8 389.7 0.5 1.0 0.5 -0.5 1.0 1.4 1.8 1.4 391.3 394. 1 395.2 395.6 0.4 0.7 0.3 0. 1 1.4 1. 1 0.9 1.5 397.6 399-6 399.4 398.3 0.5 0.5 -0.0 -0.3 1.6 1.4 1.1 0.7 400.5 403.7 404. 2 402. 4 0.5 0.8 0. 1 -0.4 0.7 1.0 1.2 1.0 403.5 404.9 405.2 404. 2 0.3 0.4 0.1 -0.2 0.8 0.3 0.2 0.4 4 04.7 405.8 405.8 404.6 0. 1 0.3 0.0 -0. 3 0.3 0.2 0.2 0- 1 4 0 5. 1 406.5 407.4 407.6 0. 1 0.3 0.2 0.0 0. 1 0.2 0.4 0.8 409. 0 411.7 41 3.6 4 14.8 0.3 0.7 0.5 0.3 1.0 1.3 1.5 1.8 4 15. 3 421.3 426.4 429.2 0.3 1.3 1.2 0. / 1.7 2.3 3. 1 3.5 43 3. 5 438.6 4 4 2, 0 442. 8 1.0 1.2 0.8 0.2 4.2 4. 1 3.6 3.2 445. 1 448.2 450.4 450.8 0.5 0.7 0.5 0. 1 2.7 2.2 1.9 1.8 452.9 456.0 458. 6 4 59. 5 0.5 0.7 0.6 0.2 1.8 1.8 1.8 1.9 461.3 464.6 468.4 471.2 0.4 0.7 0. 8 0.6 1.9 1.9 2- 1 2.5 476. 0 482.4 488.7 494. 9 1.0 1.3 1.31.3 3.2 3.8 4.3 5.0 504. 1 515.6 521.0 52 5.8 1.9 2.3 1.1 0.9 5.9 6.9 6.6 6.2 1 1 1 1 1 1 1 J 1 i 1 1 1 1 1 l ) 1 1 t 1 J 1 1 { i 1 1 1 $ 1 j 1 J 1 1 1 1 1 i I 1 1 1 ) 1 i l 1 i 1 1 i i i I i i 1 ! 1 1 1 ! i 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _1_. PE RCEN1AGE CH ANGE FR08 PREVIOUS _____ LEAS____ 8985. 9249. 9505. 9766. **** **** **** **** 10174. 10556. 10835. 11139. 13.2 14. 1 14.0 14. 1 11600. 12121. 12506. 12718. 14.0 14.8 15.4 14.2 13061. 13457. 13789. 14175. 12.6 1 1.0 10.3 11.5 14571. 14948. 15181. 15377. 11.6 1 1. 1 10. 1 8.5 15774. 16238. 16519. 16681. 8.3 8.6 8.8 8.5 16934. 17273. 17527. 17778. 7.4 6.4 6. 1 6.6 18155. 18678. 19138. 19568. 7.2 8. 1 9.2 10. 1 20093. 20729. 21473. 2230U. 10.7 11.0 12.2 14.0 23395. 24478. 25444. 26393, 16.4 18. 1 18.5 18.3 27571. 28902. 30197. 31349. 17.8 18. 1 18.7 18.8 32711. 34061. 35112. 36166. 18.6 17.8 16.3 15.4 37522. 38832. 39924. 41088. 14.7 14.0 13.7 13.6 42684. 44273. 4551946714. 13.8 14.0 14.0 13.7 48193, 49787. 51104. 52355. 12.9 12.5 12.3 12. 1 54304. 56510. 58171. 60063. 12.7 13.5 13.8 14.7 62687. 65323. 66892. 68525. 15.4 15.6 15.0 14. 1 18 FEDEBAL LAND BANKS LOANS OUTS1AN DING SEASONALLY-ADJUSTED DATA TABLE 221.2Q END OP QUABTEB 1964-Q1. .. . . | -Q2.... . | -Q3.... .| .| 3413. 3490. 3609. 3746. ***** 319. 499. 583. ***** ***** ***** ***** 9.3 14.3 16. 1 **** **** **** **** 1965-Q1.... -Q2.... - Q 3 ----Q4.... .| .| .| .| I .| .| .| .( 3896. 4027. 4158. 4312. 637. 551. 549. 654. 483. 537. 549. 566. 17.0 14. 1 13.6 15.7 14.2 15.4 15.2 15. 1 4485. 4690. 4883. 4988. 735. 875. 822. 436. 589. 663. 725. 676. 17.0 19.5 17.5 8.9 15. 1 16.5 17.4 15.7 1967-Q1.... . | -Q2.... .| - Q 3 ---- . | “ Q4.... .| 5124. 5266. 5432. 5644. 566. 590. 696. 901. 639. 576. 549. 656. 11.4 11.5 13.2 16.6 14.2 12.3 11.2 13.1 .| .1 .| .1 5807. 5933. 6045. 6162. 681. 518. 460. 482. 683. 667. 613. 517. 12. 1 8.9 7.8 8.0 13.3 12.7 11.3 9.2 1969-Q1.... .| .J -Q3.... .| -Q4.... • | 6333. 6515. 6655. 6749. 716. 759. 579. 384. 526. 582. 611. 588. 11.6 12.0 8.9 5.8 9.1 9.8 10.1 9.5 .| •| .| .| 6850. 6954. 7080. 7221. 412. 427. 515. 584. 517. 439. 424. 472. 6. 1 6.2 7.4 8.3 8.2 6.7 6.4 7.0 197 1 - Q 1 . ■ • • .| -Q2.... .1 - Q 3 ---- .1 - Q 4 « ••• .| 7366. 7540. 7743. 7953. 595. 722. 845. 874. 516. 585. 663. 731. 8.2 9.8 11.2 11.3 7.5 8.4 9.4 10.1 1 972-Q1.... -Q2.-.- •| -Q3.... . | - Q 4 • .. ■.| 8160. 8386. 8722. 9131. 862. 941. 1429. 1751. 794. 846. 980. 1178. 10.8 11.5 17.0 20. 1 10.8 11.2 12.7 14.8 1973-Q1.... •| -Q2.... .| -Q 3 ---- . | - Q 4 ---- • I 9591. 10031. 10493. 10993. 1986. 1886. 1978. 2146. 1431. 1645. 1771. 1862. 21.7 19.7 19.7 20.5 17.5 19.6 20.3 20.4 1974— Q 1.... .| -Q2.... .i - Q 3 . . . • .| - Q 4 . . .| 11491. 12120. 12838. 13513. 2133. 2730. 3138. 2921. 1900. 2089. 2345. 2521. 19.4 23.8 25.9 22.8 19.8 20.8 22.4 22.9 1975-Q 1... • • I - Q 2 ---- . | - Q 3 . ••• .| -Q4.... .1 14205. 14865. 15473. 16083. 2985. 2833. 2582. 2591. 2714. 2745. 2635. 2570. 22. 1 19.9 17.4 16.7 23.6 22.7 20.5 19.0 1976— Q 1 • . • •.1 -Q2.. • • .| -Q3.... -| -Q4.... .1 16724. 17312. 17935. 186U8. 2721. 2477. 2628. 2851. 2520. 2447. 2462. 2525. 16. 9 14.8 15.2 15.9 17.7 16.5 15.9 15.7 1977-Q1.... . | - Q 2 . ••• .| - Q 3 ---- . J -Q4.... .| 19355. 20074. 20831. 21577. 317s. 3040. 3202. 3146. 2631. 2762. 2896. 2968. 17. 1 15.7 16. 0 15. 1 15.7 16.0 16.1 16.0 1978-Q1.... . | -Q2.... • | “ Q 3 . • • . •| -Q4.... .| 22253. 22987. 23890. 24775. 2837. 3082. 3834. 3741. 2898. 2912. 3059. 3199. 13. 1 13.9 16.7 15.7 15.0 14.5 14.7 14.8 1979-Q1.... -Q2.... -Q3...- Q 4 ---- .| .| •| .| 25889. 27083. 28382. 29857. 4765. 5117. 5583. 6375. 3636. 4097. 4492. 5082. 19.2 19.8 20.6 22.5 16.3 17.8 18.8 20.5 1980-Q1.... .| -Q2.... . | -Q3.... •| - Q 4 * . •• .| 31652. 33455. 34808. 36212. 7852. 7851. 5750. S968. 5763. 6371. 6425. 6355. 26.3 24. 8 17.2 17. 1 22.3 23.5 22.6 21.3 1966-Q1.... - Q 2 ----Q3.... “ Q4.... 1968-Q1.... -Q2.... -Q3.... ~ Q 4 ---- 19 70-Q1•••• - Q 2 ----Q 3 ----Q4.... AVEBAGE SIZE NUMBEB OP LOANS AHOONT I MILLIONS OP DOLLARS | PEBCEN TA GE CHANGE 1 1 PE RC EN TA GE CHANGE 1 PROS PBEVIOUS | FBON PREVIOUS 1 1 1 1 | DOLLABS THOUSANDS! | CHANGE FBON PREVIOUS 1 1 1 | END OF |1 . — . 1 1 1 _ _ _ QUARTER YEAR | QUABTEB YEAB | QUABTEB || QU AB TE B YEAB 1 1 1 -J__ _______ L. J___ 1 S M 1 U _____ -1. -J____ -J1__ LSAM)____ I I 1 1 1 1 1 1 1 i 1 1 1 1 I 1 1 1 i 1 I 1 1 i i i i i ! 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 379.6 379.2 380. 1 381.7 -0.4 0.9 1.8 *•** *••* **•* **** 382.7 383.4 384. 1 385.4 1.0 0.7 0.8 1.3 0.8 1. 1 1.1 0.9 386.4 388.7 390.9 390.5 1.1 2.5 2.2 -0.4 1.0 1.4 1.8 1.3 391.9 393. 1 394.4 396.6 1.5 1.1 1.4 2.2 1.4 1.1 0.9 1.6 398.0 398.5 398.7 399.2 1.5 0.5 0.2 0.5 1.6 1.4 1.1 0.7 400.9 402.8 4 0 .j. J 403.3 1.7 1.9 0.7 -0.2 0.7 1.1 1.2 1.0 403.9 404.0 404.5 404.9 0.6 0. 1 0.4 0.4 0.8 0.3 0.2 0.4 405. 1 405.0 405. 1 405. 1 0.2 -0. 1 0.1 0. 1 0.3 0.2 0.1 0. 1 405.6 405.8 406.6 408. 1 0.4 0.2 0.8 1.4 0. 1 0.2 0.4 0.7 409.5 4 11.1 412.8 415.2 1.4 1.6 1.6 2.3 1.0 1.3 1.5 1.7 416.5 420.8 425.5 429.6 1.3 4. 1 4.6 4.0 1.7 2.3 3.1 3.5 434. 1 438.0 441.0 443.2 4.3 3.6 2.7 2. 1 4.2 4.1 3.0 3.2 445.7 447.6 449.5 451.4 2.3 1.7 1.7 1.7 2.7 2.2 1.9 1.8 453.5 455. 4 457.8 460.3 1.9 1.7 2. 1 2.2 1.7 1.7 1.9 2.0 461.9 463.9 467.6 471.5 1.3 1.9 3.2 3.4 1.8 1.9 2.1 2.4 476.7 481.7 488.0 495.3 4.5 4.2 5.3 6.1 5U4. 8 514. 8 520.4 526.5 8.0 8.1 3.2 3.8 4.4 5.0 5.9 b. 9 4.4 0.0 4.8 6.3 1 1 1 1 I 1 1 J 1 1 J 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 I 1 1 1 J PEBCENTAGE CH AN GE FROH PBEV IO US YEAR 8990. 9203. 9494. 9813. *•** **** **•* **** 10180. 10505. 10824. 11191. 13.2 14. 1 14.0 14.0 11609. 12064. 12492. 12774. 14.0 14.8 15.4 14.1 13074. 13397. 13771. 14232. 12.6 11.0 10.2 11.4 14590. 14886. 15160. 15433. 11.6 11.1 10.1 8.4 15798. 16176. 16496. 16737. 8.3 8.7 8.8 8.5 16960. 17212. 17504. 17835. 7.4 6.4 6.1 6.6 18182. 18616. 19115. 19630. 7.2 8.2 9.2 10.1 20120. 20664. 21450. 22375. 10.7 11.0 12.2 14.0 23419. 24400. 25421. 26478. 16.4 18.1 18.5 18.3 27588. 28805. 30173. 31453. 17.8 18.1 18.7 18.8 32719. 33937. 35087. 36287. 18.6 17.8 16.3 15.4 37523. 38677. 39900. 41227. 14.7 14.0 13.7 13.6 42682. 44077. 45499. 46875. 13.7 14.0 14.0 13.7 48192. 49551. 51092. 52542. 12.9 12.4 12.3 12. 1 S4308. 56227. 58165. 60285. 12.7 13.5 13.8 14.7 62698. 64987. 66890. 68782. 15.4 15.6 15.0 14. 1 TABLE 2 2 2 . 1Q FEDERAL LAND BANKS LO ANS AMOUNT M ILLIO N S OF FROM CLOSED IN QUARTER 19 64 -Q1.... | -Q 2---- . j - Q 3 ---- . j - Q 4 ---- | 1 19 65 -Q l____ ,| - C 2 ---- „ j - Q 3 ---- . | - Q 4 ---- | 1 19 66 -Q 1____ . j -Q 2 ---- . j -Q J ---- . j “ Q4---- | 1 1967-Q1---- . | - Q 2 ---- . | -Q3.... . | ~ Q 4 ---- | 1 1968-Q1____ j - Q 2 ---- . | - Q J ---- | - Q 4 ---- | 1 1969-Q1____ . | ” Q2.... . | -Q 3---- ] - Q 4 ---- ] | |I ]I CHANGE FROM CHANGE P R EV IO U S P R EV IO U S . _____________ ____ _ QUARTER YEAR NUMBER 1 1 PERCENTAGE DOLLARS CL^SfcD QUARTER YEAR ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 1970-Q1____ -C 2 ---- Q 3 ---- Q 4 ---- .| .| .| .1 272. 270. 214. 261. ****** -2. -56. 46. ****** ****** ****** ****** ***** -0.8 -20.6 21.7 ***** ***** ***** ***** 1971-Q1____ - Q 2 ---- Q 3 ---- Q 4 ---- .| .| -| .| 379. 428. 357. 391. 118. 49. -71. 34. 107. 158. 143. 130. 4 5.3 13.0 -16.5 9.5 39.3 58.5 66.8 50.0 1972-Q1.... .( - Q 2 ---- .| -Q 3 ----- Q 4 ---- .| 503. 520. 557. 658. 112. 17. 38. 100. 124. 92. 200. 267. 28.6 3.3 7-3 18.0 32.8 21.5 56.0 68.2 19 73 -Q 1____ . | - Q 2 ---- Q 3 ---- Q 4 ---- .i 861. 835. 719. 754. 203. -26. -116. 35. 358. 316. 161. 96. 30.9 -3.0 -13.9 4.9 71.1 60.7 29.0 14.6 1974-Q1____ .| - Q 2 ---- .1 -Q3---- .| -Q 4-----.| 931. 1045. 1007. 957. 177. 114. -38. -50. 70. 210. 288. 203. 23.5 12.2 -3.7 -4.9 8-1 25.1 40.1 26.9 1975-Q1_____.| - Q 2 ---- .1 - Q 3 ---- .| - Q 4 ---- .| 1184. 1148. 930. 957. 227. -36. -218. 27. 253. 103. -77. -1. 23. 7 -3 .0 -19.0 2.9 27.2 9.9 -7.6 -0.1 1976-Q1---- Q 2 ---- Q 3 ---- Q 4 ---- 1267. 1205. 1011. 1102. 311. -62. -194. 91. 83. 57. 81145. 32.5 -4.9 -16. 1 9.0 7.0 4.9 8-7 15.2 1977-Q1....,.| 1572. 1546. - Q 2 -----. | - Q 3 -----.I ' 1275. - Q 4 -----.| 1226. 470. -27. -271. -48. 305. 340. 264. 125. 42.7 -1 .7 -17.5 -3.8 24.0 28.3 26. 1 11.3 1978-Q1_____.| - Q 2 -----.1 -Q 3-----.| - Q 4 -----.J 1 19 79 -Q 1____ .| - Q 2 ---- .| -Q 3-----. | - Q 4 ---- .| 1555. 1623. 1397. 1439. 328. 68. -225. 42. -18. 77. 123. 213. 26.8 -13.9 3.0 -1.1 5.0 9.6 17.3 2064. 2271. 1874. 2183- 625. 207. -397. 309. 509. 648. 476. 743. 43. 4 10. 0 -17.5 16.5 32-8 40.0 34. 1 51.6 19 80 -Q 1____ .1 - Q 2 ---- .| .1 -Q 4 -----.J 2901. 2942. 1827. 1950. 71841. -1115. 123. 837. 671. -47. -233. 32. 9 1. 4 -37.9 6.7 40.5 29.6 -2.5 -10.7 i 1 1 1 1 THOUSANDS| 1 _JL I I 1 1 1 1 1 i 1 1 1 1 1 1 1 1_ OF LO ANS PERCENTAGE CHANGE FR OM P R E V I O U S _______ YEAR QUARTER i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 t 1 1 1 1 1 1 1 I 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 J ____________________ 4.4 1 1 1 1 1 J 1 1 1 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 .-1 DOLLARS ******* *•*•••* ******* ******* **** **** **** **** ******* ******* ******* ******* **** **** *•** **** ******* ******* ******* ******* **** **** * *** **** ******* ******* ******* **** **** *•** **** ******* ******* ******* ******* **** *♦** **** **** ******* ******* ******* ******* **** **** **** ***• 30479. 33129. 31594. 31202. **** **** **** **** 36424. 37526. 38631. 39060. 19.5 13.3 22.3 25.2 40007. 41078. 47242. 49404. 9.8 9.5 22.3 26.5 55084. 52353. 55804. 56432. 37.7 27.4 18. 1 14.2 61356. 62078. 63963. 65227.; 11.4 18.6 14.6 15.6 72221. 71903. 71237. 72849. 17.7 15.8 11.4 11.7 80930. 78100. 77831. 80952- 12.1 8.6 9.3 11. 1 1 1 1 1 95572. 89337. 90742. 86310. 18.1 14.4 16.6 6.6 1 101522. 97320. 94199. 92597. 6.2 8.9 3.8 7.3 J 114174. 115259. 105295. 116407. 12.5 18.4 11.8 25.7 1 1 1 1 1 132832128228. 125480. 121303. 16.3 11.3 19.2 4.2 1 1 ***** -5.7 -12.0 21. 1 ***** ***** ***** ***** 16.6 15.8 12.2 13.9 13.6 -4.8 -22.6 13.8 14.3 15.3 1.4 -4.6 16.8 16.9 12.3 8.0 20.7 1.0 -27.7 -34.5 1.3 7.5 0.4 -42.2 12.2 13.0 10.4 12.8 52.2 6.8 -19.9 22-4 -27.1 -23.0 -14.7 59.2 12.6 11.2 7.6 9.4 -1.4 -11.2 -31.7 23. 1 3. 1 -14.2 -26.9 -26.4 12. 1 12.0 7.3 7.0 28.8 -0.8 -39.7 -3 .5 -3.9 7.4 -5. 1 -25.6 8.9 8.1 6.8 8.4 27.5 -8.7 -16.8 23.2 -26.3 -32.2 -6.5 19.4 10.4 1 1.4 9.3 10.0 24.5 9.6 -18.9 8.3 16.5 39-9 36.4 19.9 12.6 12.7 11.8 13.3 25-6 0.6 -6.7 12.9 20.9 11.0 27.6 33.0 15.6 16.0 12.9 13.4 17.4 2. 1 -19.3 3.7 24.3 26. 1 9.2 0.3 15.2 16.8 15.7 14.7 13.6 10.9 -6.5 -6.8 -2.9 5.5 22.2 9.8 16.4 16.0 13.1 13. 1 11.7 -2.6 -18.3 0.6 3.1 -5. 1 -17.1 -10.5 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 15.7 15.4 13.0 13.6 19.3 -1 .5 -15.8 4.8 -4.5 -3.4 -0.5 3.6 1 1 1 16.4 17.3 14.0 14.2 20.9 5.2 -18.8 1.1 5.0 12.1 8-2 15.3 16.7 14.8 15.5 7.8 8.9 -11.0 4.8 -6.9 -3.6 5.6 9.4 18. 1 19.7 17.8 18.7 16.3 9.0 -9.7 5.4 18. 1 18.2 20.0 20.6 21.8 22.9 14.6 16, 1 16.5 5. 1 -36.6 10.4 4.4 . 20.8 16.5 -18.2 -14.3 S IZ E PERCENTAGE CHANGE FROM P R EV IO US IEA R 14.5 13.7 12.0 14.6 i .| .1 .| .4 AVERAGE _______________ L _ i 1 1 1 1 J 1 I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i I ! J l 1 1 1 1 1 1 20 TABLE 222.2Q FEDERAL LABO BANKS LOANS CLOSED SEASONALLY'ADJUSTED ANNUAL BATE PERCENT AGE C H AN GE FBOH PR EV IO US MILLIONS OF DOLLABS C L OS ED | CH AN GE FBOH PBEVIOUS IN I QUARTER 1 QUARTER YEAfi AVERAGE SIZE NOHBEB OF LOANS AMOUNT 1 QUAB1EB 1 1 1 | 1 1*o4-gl____ -1 - Q 2 ---- Q 3 ---- Q U ---1 19 65 -Q 1____ -Q 2 ----Q3.... ~ C 4 ---1 1966-Q1____ .1 - Q 2 ---- Q 3 ---- -1 - Q 4 ---1 1967-Q1____ - Q 2 ---- C 3 ---- i -Q4---1 1968-Q1____ -02.... 1 - 0 3 ---- Q 4 ---1 1969-Q1____ - Q 2 ----Q 3---- .1 - Q 4 ---i 1970— Q 1 . . . • - Q 2 ----03----- Q 4 ---1 1971-Q1---- Q 2 ---- Q 3 ---- -1 - 0 4 ---1 1972-Q1____ - Q 2 ---- Q 3 . ... - Q 4 ---I 1973-Q1____ - 0 2 ---- Q 3 ---- Q 4 ---1 1974-Q1.... -Q 2 ---- Q 3 ----Q 4 ---1 1975-Q1____ -Q 2 ---- Q 3 ---- 0 4 ---- -1 1 1976-Q1____ -i - 0 2 ----Q3---— Q 4 ---1 19 77 -Q 1.___ - Q 2 ----Q 3 ---— Q4---1 1978-Q1___ _ - 0 2 ---- -1 - Q 3 ---- Q 4 ---- -1 1 1979— Q 1 •.. . - 0 2 ---- -I -03---- Q 4 ---1 1980-Q1____ - Q 2 --------Q3------1 - Q 4 -------«L 1HOUSANDSI QUARTER YEAR | DOLLABS PE RC EN TA GE C H AN GE FBOH PREVIOUS ____ P E R C EN TA GE CHANGE FBOH PREVIOUS | | QU ARTER YEAR ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 52.5 49.4 56.0 62.8 ***** -6.0 13.4 12.2 ***** ***** ***** ***** ******* ******* ******* ******* **** **•• **** **** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 60.0 56.8 57. 1 59.8 -4.5 -5.3 0.5 4.7 14.2 15.1 2.0 -4.8 ******* ******* ******* ** ***** **** **** **•* **** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 60.4 61.0 57.8 34. 4 1.0 1.0 -5.3 -40.5 0.7 7.4 1.2 -4 2. 5 ** ** ** * ******* ******* ******* **** **** **** **** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 43.7 4 7. 1 49.7 54.8 26.8 7.9 5.6 10. 1 -27.8 -22.8 -1 4. 0 59. 1 ******* ******* ** ***** ******* **•* **•• ***• **** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 45.3 40.4 36.5 40. 1 -17.3 -10.8 -9 .5 9.7 3.7 -14.3 -26.5 -26.8 ******* **** • *** ***• **** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** | | | | 43.0 43.8 34.5 29.6 7.4 1.7 -21. 3 -14.0 -4.9 8.4 -5.7 -26. 1 ******* • **• • ••• ***• **•• 981. 994. 972. 1132. ****** 14. -22. 160. ****** ****** ****** ***** 1.4 -2.3 16.5 ***** ***** ***** ***** | | | | 31.9 29.9 31.9 35.3 7.6 -6.2 6.5 10.9 -25.9 -31.6 -7.5 19.2 30744. 33216. 30481. 32024. **•* **** ***• **** 1352. 1578. 1612. 1708- 220. 226. 34. 96. 371. 584. 640. 576. 19.4 16.7 2.2 5.9 37.9 58.7 65.9 50.9 | | | 1 37.2 42.2 42.4 42.5 5.3 13.4 0.5 0.2 16.7 41.0 33.0 20.2 36333. 37385. 38014. 40193. 18.2 12.5 24.7 25.5 1811. 1917. 2508. 2878. 103. 106. 591. 370. 459. 339. 896. 1170. 6.0 5.9 30.8 14.8 33-9 21.5 55.6 68.5 | | | | 45.9 46.6 52.9 56.7 8.0 2.0 12.9 7.2 23.3 11.0 24.7 33-5 39450. 40930. 47428. 50754. d.6 9.5 24.8 26.3 3106. 3079. 3209. 3330. 228. -27. 131. 121. 1296. 1162. 702. 452. 7.9 -0.9 4.2 3.8 71.6 60.6 28.0 15.7 | | | | 57.9 59.2 56.3 57.2 2. 1 2.3 -4.8 1.6 26. 1 26.4 6.6 0.9 53678. 52017. 56963. 58197. 36.1 27.1 20.1 14.7 3362. 3845. 4475. 4234. 32. 483. 630. -241. 256. 766. 1265. 903. 1.0 14.4 16.4 -5.4 8.2 24.9 39.4 27.1 | | 1 | 57.1 62.3 68.2 62.7 -0 .2 9.0 9.6 -8.1 - 1 .3 5.2 21. 1 9.6 58858. 61730. 65567. 67487. 9.6 18.7 15. 1 16.0 4300. 4203. 4145. 4234. 66. -97. -57. 89. 938. 358. -330. 1. 1.6 - 2 .3 -1. 4 2. 1 27.9 9.3 -7.4 0.0 | | | | 62.5 59.0 56.5 56.0 -0.4 -5.6 -4.2 -0.8 9.4 -5.3 -17.2 -10.7 68826. 71250. 73387. 75552- 16.9 15.4 11.9 12.0 4559. 4384. 4525. 4883. 325. -176. 142. 358. 259. 181. 380. 649. 7.7 -3.9 3.2 7.9 6.0 4.3 9.2 15.3 | | | | 59. 3 56.8 56. 1 58.0 5.8 -4.1 -1.3 3.4 -5. 1 -3.6 -0.6 3.6 76896. 77126. 80633. 84150. 11.7 8.2 9.9 11.4 5641. 5588. 5715. 5476. 758. -53. 127. -238. 1082. 1204. 1189. 593. 15.5 -0.9 2- 3 -4.2 23-7 27.5 26.3 12.1 | | 1 | 62.4 63.5 60.9 60.7 7.5 1.8 -4.2 -0 .3 5.2 11.8 8.5 4.6 90443. 87962. 93888. 90220. 17.6 14.0 16.4 7.2 5617. 5844. 6327. 6457. 141. 226. 484. 130. -24. 256. 613. 981. 2.6 4.0 8. 3 2. 1 -0.4 4.6 10.7 17.9 | | | | 58.4 61.0 b4.5 66.4 -3.8 4.5 5.8 2.9 -6.4 - 4 .0 6.0 9.3 ,96243. 95826. 98072. 97306. 6.4 8.9 4.5 7.9 7452. 8160. 8448. 9746. 995. 707. 288. 1298. 1835. 2316. 2120. 3289. 15.4 9.5 3.5 15.4 32.7 39.6 33.5 50.9 | | J l 68.8 72.0 77.4 79.9 3.7 4.7 7.4 3.2 17.9 18. 1 19.9 20.4 108284. 113286. 109169. 122007. 12.5 18.2 1 1.3 25.4 10571. 10544. 8248. 8661. 825. -27. -2296. 413. 3119. 2384. -200. -1086. 8.5 -0.3 -21.8 5.0 41.8 29.2 -2.4 -11.1 | | | | 83.5 84.3 63.7 68.4 4.6 0.9 -24.4 7.3 126541. 125095. 129400. 126670. 16.9 10.4 18.5 3.8 21.4 17.0 -17.6 -14.4 ******* ******* ******* TABLE 222.3Q FED ER A L LAND BANKS LOANS CLOSED F O U R -Q U A R TE R 1 1 | YEAR EN D IN G — 1 J | 1 1 9 6 4 - Q 1 ....... 1 - Q 2 ....... - Q 3 ....... ] - Q 4 ....... 1 1 9 6 5 - Q l . . . .. - Q 2 ....... - Q 3 ....... - Q 4 ....... i 1 1 1 1 1 9 6 6 - Q 1 ....... - Q 2 ............... * Q 3 ............... - Q 4 ............... 1 9 6 7 - Q 1 ............... - C 2 ............... - Q 3 ............... - Q 4 .. . . . AMOUNT M ILLIO N S END O F QUARTER ****** - Q 3 ............... - Q 4 ............... - Q 2 ............... - Q 3 ............... - Q 4 ............... CHANGE FBOM QUARTER | 1 PR EV IO U S I _______ 1 YEAR 1 1 1 1 1 1 THOUSANDS] QUARTER YEAR 1 1 ***** ***** ***** ***** j | | | ***** ***** ***** 5 6 .8 ***** ***** ***** ***** | | j | ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** | | | | ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** j | | 4 9 .4 -8 .4 -1 5 .7 ***** ***** ***** 4 5 .5 4 3 .7 -7 .9 -4 .0 ***** | 4 8 .5 1 0 .9 -2 3 .8 -2 6 .9 -1 0 .2 ***** ***** ***** | | | 4 8 .9 4 7 .0 44. 2 0 .8 -1 .1 -3 .8 -6 .0 ***** | 4 0 .8 -7 .6 -1 5 .8 1 1 ******* **** ***** ***** ***** ***** | | | | 4 0 .3 4 1 .2 4 0 .8 3 8 .4 -1 .2 1 1 1 ******* 2 .0 -0 .9 -5 .9 -1 7 .5 -1 2 .5 ******* **** **** **** **** ***** ***** | j ***** ***** | | 3 5 .2 3 1 .3 3 0 .8 32. 2 -8 .3 -1 1 .0 -1 .5 4 .4 1 ******* ******* ******* **** **** **** **** | | | 33. 7 4 .6 9 .7 6 .7 -4 .3 1 7 .9 2 7 .7 t 1 1 I 1 31571. ***** ***** ***** 33359. 34696. 36154. **** **** **** 5 2 .9 | 4 .2 2 7 .5 37870. 2 0 .0 4 9 .5 3 8 .2 3 8 .4 | | | 2 8 .4 2 0 .5 1 9 .4 2 2 .6 1 6 .4 | .3 .9 .7 .0 38839. 4 3 .9 5 2 5 7 39812. 41908. 44458. 1 4 .7 1 5 .9 1 7 .4 6. 1 6 .2 1 .9 0 .1 2 3 .5 2 7 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ***** ***** ***** ***** ***** ***** 1 0 .5 14. 1 ***** ***** ***** 1282. 1 * 42 5 . 158. 143. ***** ***** 1555. 130. 538. 1679. 1771. 1971. 2238. 124. 556. 92. 200. 267. 490. 547. 683. 1 1 .3 13. 5 2596. 2912. 3073. 3169. 358. 316. 161. 96. 916. 1140. 1102. 931. 1 6 .0 1 2 .2 5. 5 3. 1 ***** 1 1 .2 9 .2 8 .0 5 .5 5 4 .8 3 .8 3 .7 ***** 5 8 .6 0 .4 5 9 .8 5 9 .8 5 4 .0 2 .0 0. 1 -9 .8 3 6 .9 3 9 .4 41. 1 4 3 .2 4 4 .5 4 7 .0 5 0 .3 5 4 .6 6 4 .4 | ] 5 3 .4 5 6 .7 5 5 .9 4 1 .6 ] j 5 7 .8 5 7 .8 70. 643. 2 .2 2 4 .8 | 5 7 .4 210. 288. 203. 537. 664. 771. 6 .5 8 .3 5 .4 1 8 .5 2 1 .6 2 4 .3 | ] | 5 8 .3 61. 1 6 2 -4 253. 954. 6 .4 - Q 2 ................| I - Q 3 ................| | <4193. 4297. 4220. 103. -7 7 . ................1 | 4219. -1 . 848. 483. 279. 2 .5 -1 .8 -0 .0 2 9 .5 2 4 .6 1 2 .9 7 .1 | J | | 6 6 6 5 1 9 7 6 - Q 1 ............... | | - Q 2 ................| | - Q 3 ............... | i 4302. 4359. 4440. 83. 57. 109. 62. 220. 2 .0 1 .3 1 .9 2 .6 1 .4 ] | 5 7 .8 5 7 .3 5 .2 1 - Q 4 ............... 1 I ***** ***** ***** ***** 0 .3 -1 . 1 3239. 81. ***** ***** ***** ***** 5d. j 59- 1 5 8 .4 34493737. 39 *4 0. 1 9 7 5 - Q 1 ............... | | 3 .6 2 .8 0 .1 8 .6 -0 .8 1 .5 4 .9 2. 1 ***** ***** 6 .7 3 .2 1 .5 1 .3 -7 .6 3 .2 1. 1 -7 .8 -6 .0 -1 2 .8 -2 3 .9 -2 4 .3 -1 6 . 1 2 2 .8 1 4 .9 7 2 5 7 .4 .7 .8 .9 2 .0 1 0 .9 -1 .4 -4 .3 -2 .6 7 .8 -1 .7 -6 .2 -1 .3 -0 .9 -0 . 1 -9 .2 -8 .8 4585. 145. 366. 3. 3 8 .7 | 5 7 .2 5 7 .7 4890. 5231. 5494. 5619. 305. 340. 264. 125. 588. 871. 1054. 1034. 6. 6 7. 0 5 .0 2 .3 1 3 .7 2 0 .0 2 3 .7 2 2 -5 | | | | 5 6 6 6 .5 .4 .4 -0 1 .4 3 .2 1 .8 1 .0 1. 1 5 .4 7 .3 7 .5 5602. 5678. 5801. 6014. -1 8 . 77. 123. 213. 711. 448. 307. 395. 1. 4 2. 2 3 .7 1 4 .5 8.6 5 .6 7 .0 | | | | 6 0 .9 60. 2 6 1 .0 6 2 .4 -1 .8 -1 .0 1 .3 2 .2 4. 1 -0 .2 - 0.6 0 .6 6523. 7171. 7648. 8391. 509648. 476. 743. 922. 1493. 1847. 2377. 8. 5 9 .9 6 .6 9. 7 1 6 .5 2 6 .3 3 1 .8 3 9 .5 | | | | 6 6 7 7 5. 1 8 .2 1 .1 4 .3 4 4 4 4 9228. 9899. 9852. 9619. 837. 671. -4 7 . 2705. 2728. 2204. 1228. 4 1 .5 3 8 .0 2 8 .8 1 4 .6 | | | ] 7 8 7 7 8. 1 1 .3 8 .1 5 .4 5 .1 4 .2 -4 .0 -3 .4 0 .8 -4 .8 -1 .5 I 1 9 7 7 - Q 1 ............... 1 - Q 2 ................| - Q 3 ............... | - Q 4 ................1 ~ Q 2 ............... 1 - Q 3 ............... | - Q 4 ................| 1 9 7 9 - Q 1 ............... | - Q 2 ................| - Q 3 ............... | - Q 4 ............... 1 1 9 8 0 - Q 1 ............... | - Q 2 ............... | " Q 3 ............... | - Q 4 ................1 -2 3 3 . 0 1 1 9 7 8 - Q 1 ............... | ******* _1 ***** ***** ***** ***** - Q 4 ............... 1 I - Q 3 ............... | | - Q 4 ................4 | * FR OM P B E V IO U S YEAR ***** ***** ***** ***** ~ Q 2 ............... 1 | - Q 3 ............... | | 1 9 7 4 - Q 1 ............... | | - Q 2 ............... j | DOLLARS ***** ***** ***** ***** ***** - O ' * ................I I I 1 9 7 3 - Q 1 ............... | | - Q 2 ............... | - Q 3 ............... | | - Q 4 ................] | 1 1 YEAR S IZE PERCENTAGE CHANGE ****** ****** ****** ****** 107. - Q 2 ................| I - Q 3 ................| QUARTER AVERAGE ***** ***** 1 9 7 2 - Q 1 ............... | J 1 1 1 ****** ****** ****** 1017. 1 9 7 1 - Q 1 ............... | | OF 1_ 1124. - Q 2 ............... " Q 3 ................| 1 - Q 4 ............... I | LOANS PERCEN TAGE CHANGE FR OM P B E V I O U S ***** ***** ***** ***** ***** ***** ***** ***** 1 9 7 0 — Q 1................ NUMBER PERCEN TAGE CHANGE FROM P R E V I O U S ***** ***** ***** ****** 1 9 6 9 - Q 1 ............... 1 4 DOLLARS TO TAL ***** ***** ***** ***** ****** ****** ****** 1 9 6 8 - Q 1 ............... - Q 2 ................ | OF M OVING 1 1 1 0 .0 7 .3 -0 .5 -2 .4 8 0 1 2 .4 .7 .3 • .5 1 1 1 1 1 1 ] 1 J 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 ] 4 1 4 1 1 1 1 1 1 1 1 1 4 1 4 1 1 1 4 1 **** **** **** **** ******* ******* ******* ******* **** **** **** ******* **** ******* ******* ******* **** **** **** ******* **** **** ******* **** ******* **** **** ******* ******* *♦** ******* ******* **** **** ******* ******* 48616. 51350. 2 5 .2 2 9 .0 53181. 54802. 2 6 .9 2 3 .3 56459. 59207. 61150. 1 5 .3 1 5 .0 63118. 1 5 .2 65883. 68435. 70215. 1 5 .6 16. 1 1 6 .7 1 i 72056. 1 4 .8 1 4 .2 1 1 4 74412. 76105. 77608. 1 2 .9 1 1 .2 1 0 .5 1 1 1 1 4 1 79480. 1 0 -3 83619. 86669. 89470. 90616. 1 2 .4 1 3 .9 1 5 .3 1 4 .0 9202 9425 9505 9643 1 0 .0 8 .8 6 .2 6 .4 1 9 .9 1 9 .3 9 .8 1 1 1 1 4 1 1 1 1 1 1 1 1 1 1 .5 4 7 .0 13. 1 1 6 .5 1 9 .2 ******* ******* ******* 0 7 2 2 . . . . 100160. 105219. 107537. 112899. 8 .8 1 1 .6 1 3 .1 17. 1 118179. 121721. 126165. 1 8 .0 1 5 .7 1 7 .3 1 3 .0 127555. 22 TABLB 223.1Q FEDEBAL LAUD BANKS LOANS CLOSED AND NEH NONET LOANED 1 1 | BI LLIONS 1 OF | DOLLARS 1 1 19 64 -Q 1____ . | ****** ****** - Q 2 ---- j - Q 3 ---- . j ****** - Q 4 ---- j ****** i 19 65 -Q 1____ _ | ****** - Q 2 ---- . | ****** . -Q3.... | ****** - Q 4 ---- | ****** 1 1966-Q1____ . | ****** - Q 2 ---- . | ****** - Q 3 ---- . | ****** - Q 4 ---- | ****** i 1967-Q1____ . | ****** ****** - Q 2 ---- . j - Q 3 ---- . | ****** - Q 4 ---- | ****** QOABTEB NEU MONEY LOANED 1 1 | AS PE RC EN TA GE OF | AS PERC EN TA GE OF 1 MILLIONS | PE BC EN TA GE CH AN GE OF | FRON PBEVIOUS | 1 1 | LOANS OUTREPAI8EPAT- 1 DOLLARS | 1 LOANS OUT 1 STANDING*. STANDING* _ BENTS HENTS a r t e r i __ TEAR I QUARTER 1 _.q uTEAR 1 ***** ***** **** **** ***** 1d3. 1 **** ***** 274. 173. -5.6 5. 1 1 ***** ***** **** 161. -6.8 4.6 283. 1 ***** ***** **** 190. 18.3 5.3 205. 1 1 ***** ***• 36.7 260. 7.0 295. 42.3 1 **** 237. -9.0 6. 1 342. 37.2 1 **** ***** -25.7 176. 9.3 4.3 282. 1 ***• ***** 214. 21.7 12.4 5. 1 204. 1 1 **** 15.4 7.0 40.3 292. 300. 1 **** 7. 1 455. 316. 5.3 33.6 1 **** ***** -24.7 5.0 381. 238. 35.3 1 ***** **** -26.4 157. 158. -33. 8 3.2 1 1 ***** **** -17.5 5.0 265. 248. 57.2 r **** ***** 384. 259. 4.6 -18. 0 5. 1 i ***** **•* 319. 214. -17.6 -10.3 4.0 i ***** **** 234. 29.7 277. 75.9 5. 1 i LOANS CLOSED | | | 1 PE BC EN TA GE CHANGE FBOH PREVIOUS ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** 272. 270. 214. 261. ***** -0.8 -20.6 21.7 ***** ***** ***** ***** 4. 1 4. 0 3. 1 3. 7 235. 360. 279. 200. 379. 428. 357. 391. 45.3 13.0 -16.5 9.5 39.3 58.5 66.8 50.0 5.3 5.8 4.7 5.0 276. 422. 357. 245. 503. 520. 557. 658. 28.6 3.3 7.3 18.0 32.8 21.5 56.0 68.2 6.4 6.4 6.6 7.5 277. 383. 459. 361. 1973-Q1____ - Q 2 ----Q 3---- Q 4 ---- .1 .| .| .| 1 .1 .| .| -| 861. 835. 719. 754. 30.9 -3 .0 -13.9 4.9 71.1 60.7 29.0 14.6 9.5 8.7 7. 1 7.2 365. 476. 474. 342. 1974-Q1____ -Q2---- Q 3 ---- Q 4 ---- .| .| .| .| 931. 1045. 1007. 957. 23.5 12.2 -3.7 -4.9 8. 1 25.1 40.1 26.9 8.5 9. 1 8.3 7.4 337. 594. 652. 428. 1 1968-Q1---- . J - Q 2 ---- „ j - Q 3 ____ . | - Q 4 ---- | 1 1969— Q 1...• . j -Q 2 ---- . | - Q 3 . ..- . j - Q 4 ---- | i 1970-Q1____ .| - Q 2 ---- . | - Q 3 ---- .| -Q 4 ---- .| 1 1971-Q1____ .| - Q 2 ---- .1 - Q 3 ---- . | - Q 4 ---- .| 1972-Q1____ - Q 2 ---- C 3 ---- Q 4 ---- ***** 1975-Q1____ - Q 2 ---- Q 3 ---- Q 4 ---- .| .| .| -1 1184. 1148. 930. 957. 23-7 -3.0 -1 9 . 0 2.9 27.2 9.9 -7 .6 -0.1 8.8 8. 1 6.2 6.2 444. 613. 516. 335. 1976-Q1____ - Q 2 ----Q3.... - Q 4 ---- .1 .1 .| .| 1267. 1205. 1011. 1102. 32.5 -4.9 -16. 1 9.0 7.0 4.9 8.7 15.2 7.9 7.2 5.8 6. 1 350. 459. 438. 334. 19 77 -Q 1____ - Q 2 ---- Q 3 ----Q 4 ---- .| .j .| -1 1572. 1546. 1275. 1226. 42.7 -1.7 -1 7. 5 -3.8 24.0 28.3 2b. 1 11.3 8.5 8.0 6.3 5.9 336. 444. 428. 338. 1978-Q1____ - Q 2 ----Q 3 ----Q'4---- .| .| -| 1555. 1623. 1397. 1439. 2b. 8 4.4 -13.9 3.0 -1.1 5.0 9.6 17.3 7.2 7.3 6.0 6. 0 327. 433. 481. 347. 19 79 -Q 1____ - Q 2 ---- Q 3 ----Q 4---- .| .| .| .| 2064. 2271. 1874. 2183. 43.4 10.0 -17.5 16.5 32.8 40.0 34.1 51.6 8.4 8.8 b. 9 7.7 414. 590. 593. 517. 1980-Q1____ -C2.... - Q 3 ---" Q 4 ---- .1 .| .| .| 2901. 2942. 1827. 1950. 32 .9 1.4 -37. 9 6.7 40.5 29.6 -2.5 -10.7 9.8 9.3 5.4 5.6 568. 945. 594. 460. .J -J___ * LOANS ODISTANDING AT END OF PRECEDING QOABTER. i i i i i i 296. 253. 163. 190. 6.7 -14.3 -35.6 16.7 19-4 -2.2 -23. 7 -31.3 5.3 4.4 2.7 3. 1 267. 343. 227. 148. 311. 3 19. 194. 162. 63.5 2.6 -39.3 -16.3 5.2 26.0 18.8 -14. 7 5.1 5. 1 3.0 2.4 261. 396. 264. 129. 235. 236. 184. 215. 45.0 0.4 -22.1 17.0 -24.4 -26.0 -5.0 32.7 3.5 3.5 2.6 3.0 203. 315. 240. 165. 298. 333. 288. 310. 38.2 12.0 -13.7 7.9 26.5 41.2 56.4 94. 1 4. 1 4.5 3.8 4.0 217. 329. 288. 194. 404. 422. 445. 525. 30.1 4.5 5.3 18.1 35.7 26.6 54.5 69.2 5. 1 5.2 5.3 6.0 222. 311. 366. 288. 712. 685. 599. 643. 35.5 -3.7 -12.6 7.3 76.2 62.3 34.8 22-4 7.8 7.2 5.9 6. 1 302. 391. 395. 291. 796. 886. 855. 803. 23.8 11.2 -3.5 -6 . 0 11.9 29.2 42.6 24.9 7.3 7.7 7.0 6.2 288. 504. 553. 359. i 990. 946. 760. 782. 23.2 -4.4 -19.7 2.9 24.3 6.9 -11.1 -2.7 7.4 6.7 5. 1 5.0 371. 505422. 274. i i i i i i 1048. 966. 810. 872. 34. 1 -7 .9 -16.2 7.7 5.9 2.0 6.6 11.5 6.5 5.8 4.7 4.8 289. 368. 351. 264. i 1274. 1208. 981. 955. 46. 1 -5.2 -18.8 -2.6 21.5 25.0 21.2 9.6 6.9 6.2 4.9 4.6 273. 347. 330. 263. i 1244. 1272. 1093. 1 145. 30.2 2.3 -13.b 4.2 -2.4 5.3 11.9 19.8 5.8 5.7 4.7 4.8 261. 339. 378. 27 b. 1681. 1795. 1485. 1717. 46.9 6.8 -17.3 15.6 35.2 41.1 35.2 50.0 6.8 6.9 5.4 6.0 337. 4b7. 470. 407. 2389. 2389. 1479. 1586. 39- 1 0.0 -34. 1 7.2 42. 1 33. 1 -0.4 8.0 7.6 4. 4 4.5 468. 768. 481. 391. i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i j i i i i i i i i i i i i i i i i i i i _L -7 . J TABLE 223.2Q FEDERAL LAND BANKS LOANS CLOSED AND NEW HONEY LOANED SEASONALLY-ADJUSTED ANNUAL BATE I I | B ILLIO N S | 1 OF J | DOLLARS J 1 1 1 ****** 19 6 4 -Q 1_____ . j -Q 2 ------ . | * * * * * * -Q 3 ------ . | * * * * * * | ****** QUARTER NEH MONEY LOANED LOANS CLOSED PERCENT AGE CHANGE FROH PREVIOUS J AS PERCENTAGE OF | MILLIONS | | OF | REPAY- | DOLLARS J 1 LOANS OUT RENTS 1 1 STANDING* 1 OUARTER ***** - 2 .7 2 4 .3 1 7 .2 QUARTER YEAR ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | | | | 629. 61 3 . 761. 892. PERCENTAGE CHANGE FROH PREVIOUS YEAR | AS PERCENTAGE OF 1 REPAY | LOANS OOTMENTS i STANDING* ***** ***** ***** ***** **** 18. 22 . 25. ***** 201. 265. 261. 4 1 .6 3 6 .4 9 -8 1 2 .7 24. 21. 21. 24. 3 06. 268. 267. 260. 14.4 3 3 -8 36 . 1 -2 6 .7 24. 25. 2 4. 15. 311. 372. 312234. 1 1965-Q1_____ . | - Q 2 ..., . J -Q 3 ------ . | -Q 4 ------ | 1 19 6 6 -Q 1_____ „ j -Q 2 ------ „ | -Q 3 ------ „ j -Q 4 ------ | ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | | | | 891. 836. 836. 1006. ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | | | | 1019. 1 1 18. 1138. 737. 1.4 9 .7 1 .8 -3 5 .2 1 1967-Q 1 _____ _ | ~ Q 2 ------ „ j -Q 3 ------ . J -Q 4 --- | ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | j | | 839. 912. 1026. 1 296. 1 3 .9 8 .6 1 2 .5 2 6 .3 - 1 7 .6 - 1 8 .4 -9 .8 7 5 .8 17. 18. 19. 24. 284. 264. 284. 29 0 . ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | | j | 1 0 14. 890. 787. 883. - 2 1 .8 -1 2 .2 -1 1 .5 12. 1 2 0 .8 - 2 .4 -2 3 .2 -3 1 .9 18. 15. 13. 15. 280. 229. 232. 213. ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** | | | j 1054. 1127. 930. 7 44. 1 9 .3 6 .9 -1 7 .5 -2 0 .0 3 .9 2 6 .6 18.1 -1 5 .8 17. 18. 14. 11. 2 87. 282. 2 52202. 197 0 -Q 1_____ .| -Q 2 ------ .| -Q 3 ------Q 4 ------- .| 981. 994. 972. 1132. 1 .4 -2 .3 1 6 .5 ***** ***** ***** ***** 1515. 14. 16. | | | | 807. 843. 879. 972. 8 .6 4 .4 4 .2 1 0.6 - 2 3 .4 -2 5 .2 -5 .5 3 0 .7 12. 12. 13. 14. 200. 198. 23 3 . 240. 1971-Q 1_____ .| -Q 2 ------- .| -Q 3 ------- .| -Q 4 ----.1 1352. 1578. 1612. 1708. 1 9 .4 1 6 .7 2 .2 5 .9 3 7 .9 5 8 .7 6 5 .9 5 0 .9 19. 21. 21. 22. 305. ,3 1 1 . 300. 309. | | | | 1021. 1205. 1348. 1392. 5 .0 1 8 .0 1 1.9 3 .3 2 6 .4 4 2 .8 5 3 .4 4 3 .2 14. 16. 18. 18. 230. 237. 251. 252. 1972-Q1_____ .| -Q 2 ------- .| -Q 3 ------- .| -Q 9------- .1 1811. 1917. 2 508. 2 8 78. 6 .0 5 .9 3 0 .8 1 4 .8 3 3 -9 2 1 .5 5 5 .6 6 8 .5 23. 23 . 30. 33. 312. 301. 3 52. 413. | | | | 1409. 1540. 2058. 2329. 1 .2 9 .2 3 3 .7 1 3 .2 3 8 .1 2 7 .8 5 2 -6 6 7 .3 18. 19. 25. 2 7. 243. 2 42. 289. 334. 1973-Q 1 -------.1 -Q 2 ------- . | -Q 3 ------- .1 -Q 9 ------ .1 3106. 3 079. 3 209. 3330. 7.9 - 0 .9 4 .2 3 -8 7 1 .6 6 0 .6 2 8 .0 1 5 .7 34 . 32. 32. 32 . 463. 408. 362. 392. | | | | 2512. 2515. 2 733. 2849. 7 .9 0 .1 8 .7 4 .2 7 8 .3 6 3 .4 3 2 .8 2 2 .3 28. 26. 27. 27. 375. 334. 308. 335. 1974—Q1_____ .1 -Q 2 ------- . | -Q 3 ------ .1 -Q 4 ------- .| 3 3 62. 3 845. 44 7 5 . 4234. 1 .0 14 .4 1 6 .4 -5 .4 8 .2 2 4 .9 3 9 .4 2 7 .1 31. 33. 37. 33. 400. 518. 454. 496. i | | | 2833. 32 5 8 . 38 5 8 . 35 5 4 . -0 .5 1 5 .0 1 8 .4 -7 .9 1 2 .8 2 9 .5 41*. 2 2 4 .8 26. 28. 3 2. 28. 337. 439. 3 91. 416. 1975-Q 1_____ . « -Q 2 ------ .| -Q 3 ------- .1 -Q 4 --- .4 4300. 42 0 3 . 4145. 4234. 1 .6 - 2 .3 -1 .4 2 .1 2 7 .9 9 .3 -7 .4 0 .0 32. 30. 28. 27. 551. 507. 416. 416. | J | | 354 6 . 3473. 34 2 6 . 3462. -0 .2 -2 -1 -1 .3 1 .0 2 5 .1 6 .6 -1 1 .2 - 2 .6 26. 2 4. 23. 22. 455. 419. 344. 340. 1976-Q 1_____ .| -Q 2 ------- . | - Q 3 . . . . .1 -Q 4 ------- . | 45 5 9 . 4384. 4525. 48 8 3 . 7 .7 -3 .9 3 .2 7 .9 6 .0 4 .3 9 .2 1 5 .3 28. 26. 26. 27 . 395. 372. 388. 414. | | 1 | 37 1 8 . 35 2 8 . 3657. 3875. 7 .4 -5 .1 3 .7 6 .0 4 .9 1 .6 6 .8 1 1 .9 23. 21. 21. 22. 322. 300. 313. 328. 1977-Q 1_____ .| -Q 2 ------- . | —Q 3 . . . . . . | -Q 4 ------- .J 5 641. 5 5 88. 5715. 5476. 1 5 .5 - 0 .9 2 .3 -4 .2 2 3 .7 2 7 .5 2 6 .3 12 .1 30. 29. 28. 26. 372. 370. 406. 419. | | 1 | 4507. 4386. 44 3 4 . 4289. 16 .3 -2 .7 1.1 -3 .3 2 1 .2 2 4 .3 2 1 .2 1 0 .7 24. 2 3. 22. 21 . 297. 290. 315. 328. 1 9 7 8 -Q 1 .____ -Q 2 ------- .1 -Q 3 ------- . | -Q 4 ------- . t 5 6 17. 58 4 4 . 6 3 27. 64 5 7 . 2 .6 4 .0 8 .3 2 .1 - 0 .4 4 .6 1 0 .7 1 7 .9 26. 26. 28. 27. 328. 351. 450. 393. | | 1 | 4421. 4597. 5020. 51 8 4 . -1 .9 4 .8 1 3 .2 2 0 .9 20. 21. 22. 22. 258. 276. 357. 315. 1979—Q1_____ .1 -Q 2 ------- . | -Q 3 ------- . | -Q 4 ------- . | 7452. 8160. 8448. 9 746. 1 5 .4 9 .5 3 .5 15-4 3 2 .7 3 9 .6 3 3 .5 5 0 .9 30. 3 2. 31. 34. 498. 479. 542. 5 26. | | | J 5952. 6481. 6755. 7752. 1 4 .8 8 .9 4 .2 1 4 .8 3 4 .6 4 1 .0 3 4 .6 4 9 .5 24. 25. 25. 27. 398. 380. 434. 418. 1980—Q 1 . . . . . ] “ Q2------- . ) -Q 3 ------- . | -Q 4 ------- . | I 10571. 10544. 8248. 8661. 8 .5 -0 .3 -2 1 .8 5 .0 4 1 .8 2 9 .2 - 2 .4 -1 1 . 1 35. 33. 25. 25. 791. 758. 616. 579. | | | | 85 1 5 . 8603. 6751. 71 15. 9 .8 1 .0 -2 1 .5 5 .4 43. 1 3 2 .7 -0 .1 -8 .2 29. 27. 20. 20. 637. 618. 504. 475. 1 1968-Q 1_____ J -Q 2 ------ „ | -Q 3 ------ . | -C 9 ------ | 1 1969-Q 1_____ . J -Q 2 ------ . j -Q 3 ------ . j -Q 9 --- | 24 2 . 23 3 . 257. 2 7 9 .. * S E A S O N A L L Y - A D J U S T E D LOANS OU TS TA ND IN G AT END OF PR ECEDING QUARTER. -0 . 1 -6 . 2 0 .0 2 0 .3 3. 1 4 .0 9 .2 3 .3 24 TABLE 22 3 .3 Q FEDERAL LAND BANKS LOANS CLOSED AND NEH HONEY LOANED FOOB-QUABTEB HCVING TOTAL 1 1 1 | M ILLIONS YEAR | OF ENDING— 1 DOLLARS 1 1 1 19 6 4 -Q 1 . . • • . | * * * * * * -Q 2 ------ . | * * * * * * -Q 3 ------ . | * * * * * * ****** -Q 4 ------ | 1 ****** 1965-Q 1_____ . | - Q 2 .... . J * * * * * * „ | ****** -Q 3 -----****** -Q 4 ------ j LOANS CLOSED CHANGE FBOH PREVIOUS YEAB HILLIO NS OF DOLLARS_ PERCENT LOANS CUT STANDING* ****** ****** ****** ****** ***** ***** ***** ***** **** ***• **** •*** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** ***• ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** *••* **** **** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **•* **•* **** **** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** *«** **** **** 1970-Q 1_____ . | -Q 2 ------ | -Q 3 ------- | -Q 4 ------- .| ****** ****** ****** 1017. ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** 15. 1 9 7 1 - Q 1 . . . . . .| -Q 2 ------- .| “ Q3------- . | -Q 4 ------- .| 1124. 1282. 1425. 1555. ****** ****** 53 8 . ***** ***** 5 2 .9 16. 18. 20. 21. 1972-Q 1______. | -Q 2 ------- .| -Q 3 ------- .| -Q 4 ------- .| 1679. 1771. 1971. 2238. 5 56. 490. 547. 683. 4 9 .5 3 9 .2 3 8 .4 4 3 .9 22. 23. 24. 27. 1973-Q 1______. | -Q 2 ------- .| - Q 3 ------- . | - Q 4 . ----- .1 2596. 2912. 3073. 31 6 9 . 916. 1140. 1102. 931. 5 4 .6 6 4 .4 5 5 .9 4 1 .6 30. 33. 33. 32 . 1974-Q 1_____ .| -Q 2 ------- . | -Q 3 ------- .| -Q 4 ------- . | 3239. 3449. 37 3 7 . 3 940. 643. 537. 664. 771. 2 4 .8 1 8 .5 2 1 .6 2 4 .3 32. 32. 33. 33. 19 7 5 -Q 1 .. . . -| -Q 2 ------ .| -Q 3------- . | -Q 4 ------ .| 4193. 4297. 4220. 42 1 9 . 954. 848. 483. 279. 2 9 .5 2 4 .6 1 2 .9 7 .1 34. 33. 30. 29. 1976-Q 1_____ . | ~ Q 2 ------- .| -Q 3 ------ . | -Q 4 ------- . ) 1 1 9 7 7 -Q l_____ . | -Q 2 ------ .1 - 0 3 ------- . 1 -C 4 ------- .| 4302. 4359. 4440. 4585. 109. 62 . 220. 366. 2 .6 1 .4 5 .2 8 .7 28. 28. 27. 27. 48 9 0 . 52315494. 5619. 588. 871. 1054. 1034. 1 3 .7 2 0 .0 2 3 .7 2 2 .5 28. 29. 29. 28. 1978-Q 1_____ .1 - 0 2 ------- .| -Q 3 ------ .1 -Q 4 ------ .| 5602. 56 7 8 . 5 801. 6014. 711. 44 8 . 307. 3 95. 1 4 .5 8 .6 5 .6 7 .0 27. 27. 26. 27. 9 22. 1493. 1847. 2377. 1 6 .5 2 6 .3 3 1 .8 3 9 .5 28. 29. 30. 32. 2 7 05. 27 2 8 . 2204. 1228. 4 1 .5 3 8 .0 2 8 .8 1 4 .6 33. 34. 32. 30. 1 19 b 6 -Q 1_____ . | -Q 2 ------ . | -Q 3 ------ . | -Q 4 ------ ) 1 1967-Q1_____ . | -Q 2 ------ . | -Q 3 ------ . ] -Q 4 ------ | 1 1 9 6 8 -Q 1 .... . j -Q 2 ------ . | -Q 3 ------ _ | ~Q 4------ ) i 1969-Q 1_____ . J - Q 2 ------ . | -Q 3 ------ , ] -Q 4 ------ | 1 9 7 9 -Q 1 .... . ! 6523. 71 7 1 . -Q 2 ------- . | 7 648. -Q 3 ------- .| 8 3 91. -Q 4 ------ .| 1 1980—Q1_____ .| 92 2 8 . 9 899. -Q 2 ------- .| 9852. -Q 3 ------- .| -Q 4 ------ .| 9619. J ________________ NEM HONEY LOANED I 1 FBOH A S PERCENTAGE OF J CHANGE” 1 PREVIOUS YEAB 1 H ILLIO N S | OF 1 LOANS OUT R E PAI BEPAY- 1 DOLLARS | B ILLIO N S PERCENT STANDING* RS NTS HENTS | OF 1 1 DOLLARS | 1 ***** ****** ***• *••* ****** **** i ****** ***** **** **** ****** **•* 1 ***** •*** **** **** 1 ****** **** ****** ***** **** *••* 7 07. 1 1 * * * * * * * * * * * **•* 7 8 4 . 22. 2 61. 1 ****** ***** **** 2 3. 276. 848. 1 **** • * • • • * * * * * * 23. 2 76. 8 6 3 . 1 *••* 887. 273. 180. 2 5 .5 2 2. 1 1 **** 92 7 . 143. 18 .2 23. 273. 1 **** 1007. 1 8 .6 24. 158. 297. 1 *•** 24. 1069. 20 5 . 2 3 .8 315. 1 **** 14 .1 1012. 125. 22. 302. ► 1 **** 960. 3 .5 32. 20. 295. 1 **** 902. -1 0 4 . -1 0 .3 18. 279. 1 **** 878. -1 7 .8 17. 267. -1 9 1 . 1 **** 9 93. -1 5 . -1 .4 288. 19. 1 1 **** 1045. 86. 9 .0 19. 288. 1 **** 1040. 137. 1 5 .2 19. 281. 1 **** 989. 111. 1 2 .7 17. 264. 1 *•** 902. -9 5 . -9 .5 15. 234. 1 1 **** 918. -1 2 8 . -1 2 .2 15. 2 33. 1 **** 984. -5 6 . -5 .4 16. 246. 1 **** 1014. 25. 2 .6 16. 252. 1 **** 8 4. 986. 9 .3 15. 24 8. 1 1 **** 911. -7 . 14. 230. -0 .8 1 *•** 828. -1 5 6 . -1 5 .9 12. 212. 1 *•** 81 8 . - 1 9 .4 -1 9 7 . 12. 208. 1 256. 871. -1 1 6 . -1 1 .7 13. 219. 1 1 268. 933. 23. 2 .5 13. 223. 1 1 030. 288. 203. 14. 2 4 .5 231. 1 304. 1134. 316. 3 8 .7 16. 242. 1 31 2 . 12 2 9 . 358. 4 1 .2 16. 247. 1 1 30 9 . 1335. 17. 40 2 . 43. 1 24 6 . 1 307. 1424. 39 4 . 3 8 .2 18. 24 7 . 1 329. 1581. 447. 3 9 .4 2 0. 264. 1 360. 1796. 567. 4 6 .1 22. 289. 1 1 3 85. 2103. 768. 5 7 .5 24. 312. 1 407. 2367. 942. 6 6 .2 2 6. 3 31 . 1 412. 2521. 940. 5 9 .5 27. 338. 1 4 04. 26 3 9 . 843. 4 7 .0 27. 337. 1 1 3 93. 2724. 620. 2 9 .5 2 6. 330. 1 418. 2924. 5 57. 2 3 .5 354. 27. 1 4 51. 31 7 9 . 658. 2 6 .1 384. 28. 1 474. 3340. 701. 2 6 .5 28. 40 2 . 1 1 511. 809. 2 9 .7 3533. 28 . 4 30. 1 3594. 516. 670. 2 2 .9 27. 432. 1 3 4 99. 3 20. 2 5. 492. 10- 1 408. 1 459. 138. 4. 1 34 7 8 . 24. 378. 1 1 424. 3536. 3. 0. 1 3 48. 231 40 0 . 3 5 56. -3 9 . -1 .1 326. 2 3. 1 38 9 . 3605. 106. 3 -0 316. 22. 1 387. 3 696. 2 18. 22. 312. 6 .3 1 1 379. 3921. 385. 1 0 .9 304. 2 2. 1 380. 17. 1 4163. 606. 23. 303 . 1 4335. 38 1 . 729. 2 0 .2 23. 300. 1 381. 4418. 72 3 . 1 9 .6 22299. 1 J 37 7 . 4388. 46 6 . 1 1 .9 296. 21. 1 376. 28 9 . 295. 4452. 6 .9 21. 1 23 4 . 304. 45 6 9 . 5 .4 386. 21. 1 340. 306. 386. 4 7 58. 7. 7 21. 1 1 5195. 1 8.4 329. 413. 808. 221 1267. 2 8 .4 360. 452. 5 719. 23. 1 474. 1536. 24. 6106. 378. 3 3 .6 1 1920. 4 0 .4 51 8 . 6678. 2 5. 412. 1 1 5 65. 73 8 6 . 2190. 2 7. 4 2 .2 452. 1 635. 79 8 0 . 2262. 3 9 .5 27. 5 12 . 1 635. 79 7 4 . 1PF3. 3 0 .6 26. 514. 1 626. 1 164. 1 7 .4 24. 7 842. 5 11 . 1 | AS PERCENTAGE OF * AVERAGE LOANS OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF END-CF-QUAKTER DATA) 25 TABLE 2 2 4 . 1Q QUARTER FEDERAL LAND BABES BEFIBAHCIMG AHD REPAYMENTS I 1 .............. ......... 1 1 | B ILLIO N S | i OF { | DOLLARS | 1 _ 1 1964-Q1_____ . J -Q 2 ------ ,| -Q 3 ------ . | -Q 4 ------ | 1 1 9 6 5 -Q 1 .. . . . J -Q 2 ------ . j -Q 3 ------ -1 -Q 4 ------ | REFINANCING OF FEDERAL LAND BANK LOAMS PERCENTAGE CHANGE FBOfl PBEVIOOS QUARTER YEAR ****** ****** ****** ****** ***** ***** ***** ***** ***** ****** ****** ***** ***** ***** ***** | BEPAYHEMTS AS PERCEMTAGE OF | LOANS OUT| STANDING* LOANS CLOSED REPAYMENTS AMD BBFIBANCING 1 PERCENTAGE CHANGE FROM PBEYIOUS B ILLIO N S | OF | QUARTER YEAR | DOLLARS | 1 AS | | PERCEMTAGE OF 1 LOANS OUT STANDING* 1 **** **** **** •*** **** *•** **** **♦* **** **** **** •*** 63. 57. 93. ***** - 9 .7 6 3 .3 ***** ***** ***** ***** **** 1 .9 1 .6 2 .6 ***** ***** ***** **** **** *•*• **** **** •**• **** •*** **** **** **** **** 88. 69. 62. 105. - 5 .2 -2 1 .4 - 1 0 .0 6 7 .9 ***** 1 0 .0 9 .6 1 2 .7 2 .4 1 .8 1 .5 2 .5 ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** *•** **** 103. 69. 62. 101. -1 -8 -3 2 .5 -1 0 .2 6 1 .1 1 6 .7 0. 2 0 .0 -4 .0 2 .4 1 .6 1 .3 2 .1 ****** ***** ***** ***** ***** ***** ***** ***** **** **** ***• • *** **** *••• **** **** **** **** **** **** 93. 67. 67. 118. -7 .2 -2 7 .8 -0 .6 7 6 .9 -9 .3 -3 .0 7 .3 1 7 .8 1 .9 1 .3 1 .3 2 .2 ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 111. 74. 72 . 129. -6 .6 - 3 3 .2 - 2 .9 7 9 .3 1 8 .5 9 .7 7 .2 8 .7 2 .0 1 .3 1 .2 2. 1 ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** •*** **•* **** **** **** **** **** 119. 81. 73. 125. - 7 .4 -3 2 .5 - 8 .9 7 0 .9 7 .8 8 .9 2 .2 -2 .6 1 .9 1 .3 1 .1 1 .9 37. 34. 30. 45. ***** -8 . 1 -1 0 .4 5 0 .0 ***** ***** ***** ***** 0 .5 0 .5 0 .4 0 .6 13. 13. 14. 17. 2 4. 3 1. 28. 2 6. 116. 75. 77. 13 0 . - 7 .6 - 3 5 .3 2 .4 7 0 .0 -2 .9 -7 .0 4 .5 4 .0 1 .7 1. 1 1 .1 1 .8 1971-Q 1_____ .| -Q 2 ------- .1 -Q 3 ------- .| -Q 4 ------- .| 81. 94. 70. 81. 7 8 .9 1 6 .5 -2 6 .3 1 6 .0 1 2 0 .8 1 8 0 .0 1 3 0 .3 7 8 .2 1. 1 1 .3 0 .9 1 .0 21. 22. 19. 21. 37. 48. 41. 3 4. 137. 101. 100. 160. 5 .2 -2 6 .2 - 1 .3 6 0 .0 1 8 .5 3 5 .2 3 0 .3 2 2 .6 1 .9 1 .4 1 .3 2 .1 1 9 7 2 -Q 1 .____ .1 -Q 2 ------- .| -Q 3 ------- .| -Q 4 ------- .| 99. 98. 113. 133. 2 2 .8 -1 .7 1 5 .8 1 7 .6 2 2 -3 3 .2 6 2 .2 6 4 .4 1 .3 1 .2 1 .3 1 .5 20 . 19. 20. 20. 35. 42. 48. 42. 182. 136. 121. 182. 13 .6 -2 5 .3 -1 0 .5 4 9 .9 3 2 .4 3 4 .0 2 1 .5 1 3 .8 2 .3 1 .7 1 .4 2 .1 1 9 7 3 - Q 1 ... .. .| -Q 2 ------- .| -Q 3 ------- .1 -Q 4 ------- .1 149. 15 0 . 120. 11 1 . 1 2 .4 0 .5 - 2 0 .2 - 7 .2 5 0 .5 5 3 .8 6 .0 -1 6 .3 1 .6 1 .6 1 .2 1. 1 17. 18 . 17. 15. 39. 46. 44. 33. 236. 17 5 . 152. 221. 2 9 .5 -2 5 .6 -1 3 .6 4 5 .5 2 9 .7 2 9 .3 2 4 .9 2 1 .3 2 .6 1 .8 1 .5 2. 1 1974—Q1______.1 -Q 2 ------- .| -Q3--------.| -Q 4 ------- .| 13 5 . 159. 152. 15 4 . 2 1 .3 18.3 -4 .6 1.1 - 9 .7 6 .3 2 7 .2 3 8 .6 1 .2 1 .4 1 .3 1 .2 14. 1515. 16. 3 3. 48. 50. 41. 277. 176. 154. 224. 2 5 .3 - 3 6 .4 - 1 2 .1 4 4 .7 1 7 .3 0 .2 1 .8 1 .2 2 .5 1 .5 1 .3 1 .7 1975-Q 1______.| -Q 2 ------- .1 -Q 3 ------- .| - 0 4 ------- .1 195. 202. 170. 175. 2 6 .5 3 .7 - 1 5 .7 2 .9 4 4 .4 2 6 .6 1 1 .8 1 3 .7 1 .4 1. 4 1. 1 1. 1 16. 18. 18. 18. 4 2. 52. 49. 38. 267. 187. 180. 286. 1 9 .4 -2 9 .8 -3 .8 5 8 .6 -3 .5 6 .6 1 6 .6 2 7 .8 2 .0 1 .3 1 .2 1 .8 1 9 7 6 - Q 1 . . . . .| -Q 2 ------- .1 - Q 3 ---- .| -Q 4 . . . . . .| 219. 239. 201. 230. 2 5 .2 9 .2 - 1 5 .9 14 .2 1 2 .5 1 8 .5 1 8 .3 3 1 -4 1.4 1 .4 1-2 1-3 17. 20. 20. 21. 38. 48. 47. 41. 362. 262. 231. 330. 2 6 .7 -2 7 .5 -1 2 .1 4 3 .0 3 5 .7 40. 1 2 8 .0 1 5 .4 2 .3 1 .6 1 .3 1 .8 1977-Q 1______.1 -Q 2 --------.| - Q 3 . ------ 0 4 ......... . ( 298. 338. 294. 271. 2 9 .6 1 3 .4 - 1 3 .1 -7 .7 3 6 .0 4 1 .2 4 5 .9 1 7 .8 1 .6 1 .7 1 .5 1 .3 19. 22. 23. 22. 3 9. 4 9. 50. 43. 467. 348. 298. 363. 4 1 .7 -2 5 .5 -1 4 .5 2 1 .9 29. 1 3 2 .6 2 9 .0 1 0 .0 2 .5 1 .8 1 .5 1 .7 1 9 7 8 -Q 1 .. . . . .1 —Q 2 . . . . . .| —Q3------- .1 -Q 4 ...........1 311. 351. 299. 295. 1 4 .7 1 2 .8 -1 4 .7 - 1 .5 4 .3 3 .8 1 .9 8 .7 1 .4 1 .6 1 .3 1-2 20. 22. 21. 20. 40. 48. 51. 42 . 476. 37 5 . 290. 41 5 . 3 1 .2 -2 1 .2 -2 2 .6 4 3 .1 1 .8 7 .7 -2 .5 1 4 .4 2 .2 1 .7 1 .3 1 .7 1979—Q1______.| —Q2--------. | —Q 3 . . . • . .| -Q 4 ........... | 383. 476. 389. 465. 3 0 .0 2 4 .2 - 1 8 .3 19-7 2 3 .2 3 5 .6 2 9 .9 5 7 .9 1 .6 1 .8 1 .4 1 .6 19. 2121. 21- 43 . 55. 5 5. 52. 498. 385. 316. 422. 1 9 .9 - 2 2 .8 -1 7 .9 3 3 .6 4 .6 2 .6 8 .9 1 .7 2 .0 1 .5 1 .2 1 .5 1980-Q 1______.| -Q 2 ...........| - 0 3 ------- .1 -Q 4 ------- .| 512. 553. 348. 364. 10. 1 7 .9 - 3 7 .1 4 .7 3 3 .7 1 6 .2 - 1 0 .5 -2 1 .8 1 .7 1 .7 1 .0 1 .0 18. 1919. 19 . 50. 64. 53. 47. 511. 311. 308. 406. 2 1 .0 - 3 9 .1 -1 .1 3 1 .9 i 1966—Q1_____ . | -Q 2 ------ _ J -Q 3 ------ . j -Q 4 ------ j 1 1967-Q 1 _____ -1 -Q 2 ------ . | -Q 3 ------ . | -Q 4 ------ -1 1 1 9 6 8 -Q1_____ | -Q 2 ------ . | - Q 3 ------ j -Q 4 ------ | 1 1 9 6 9 -Q 1 . . • • . J -Q 2 ------ . J -Q 3 ------ . J - Q 4 ------ .| ****** ****** ****** ** ** * * ****** * ***** ****** ****** ****** *••••• 1 1970-Q 1_____ .J -Q 2 ------ .| -Q 3------- .| -Q 4 ------- .1 1 1 ***** ***** J __________ * LOAMS OUTSTANDING AT BHD OF PBECEDIMG QUABTEB. "M S P I M A MCIMG OF FE DERAL LA ND BABE L O A N S ” IS C O H P OT ED AS LOANS CLOSED LESS MEM BOBBY LOANED. " B E P AI BE MI S” AR E C O B P O T B D AS NEB HOMEY L O AN ED LE SS TH E CH AN GE IN LOAMS OUTSTANDING. 2 .6 -1 9 . 1 -2 .6 -3 .8 1 .7 1 .0 0 .9 1 .2 26 TABLB 224.2Q FEDEEAL LAND BANKS REFINANCING AND REPAYMENTS SEASONALLY-ADJUSTED ANNUAL BATE 1 1 1 QUARTER | MILLIONS | OF | 1 1 DOLLARS | 1 I 1964-Q1.....1 ****** ****** -Q2.....| -Q3.....| ****** -Q4.....| J ****** 1965-Q1.....| ****** -Q2.....j ****** -Q3.....| ****** -Q4.....| 1 ****** 1966-Q1.....1 ****** -Q2.....| -Q3 .... | ****** ****** -Q4.....1 REPAYMENTS REFINANCING OF FEDERAL LAND BANK LOAMS PERCENTAGE CHANGE FROM PREVIOUS QUARTER TEAR AS PERCENTAGE OF | | LOANS OUT| STANDING* LOANS CLOSED REPAYMENTS AND REFINANCING I MILLIONS | OF | DOLLARS | 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR | AS | PERCENTAGE | OF | LOAMS OUT1 STANDING* ****** ****** ****** ****** ***** ***** ***** ***** *•** • *•* *•** *♦** *•** • **• • **• **** **** **** *•** **** 304. 287. 342. ***** ***** -5.7 19.2 ***** ***** ***** ***** **** 8.9 8.2 9.5 ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** ***• **•* • •** ***• **** **•• ***• **** 292. 312. 313. 387. -14.8 6.9 0.4 23.7 ***** 2.4 9.0 13. 1 7.8 8.0 7.8 9.3 ****** ****** ****** ****** ***** ***** ***** **** **** **** **** *••* **•* **** • *•* **** **•* • ••* **** 327. 300. 365. 316. -15.4 -8.2 21.5 -13.5 12.3 -3.6 16.7 -18.4 7.6 6.7 7.8 6.5 ***** ***** ***** **** • *•* **** •*•* • *** **** • *** • ••• • *** **** * *** **•• 296. 346. 362. 446. -6.2 17.0 4.5 23.4 -9.6 15.2 -0.9 41.4 5.9 6.8 6.9 8.2 1967-Q1_____| - Q2 .....| -Q3.....| -Q4.....| ****** ****** ****** ****** ****** ****** ****** 1968-Q1.....| — Q2.....| -Q3.....1 — Q4.....J ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** *•** *♦** **** **** **** *•*• ***♦ • *** **•* **** • ••* 362. 389. 340. 415. -18.9 7.4 -12.6 22.2 22.3 12.3 -6. 1 -7.0 6.4 6.7 5.7 6.9 1969-Q1.....| -Q2.....j -Q3.....J — Q4..... | ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***• **** *•** **•* **** *•** *••* *••• • *** **** **•* • **• 367. 400. 369. 367. -11.7 9.1 -7.7 -0.4 1.3 2.9 8.5 -11.5 5.9 6.3 5.7 5.5 1970-Q1.....| -Q2.....| -Q3.....| -Q4.....| 173. 151. 93. 160. ****** -12.8 -38.4 71.8 ***** ***** ***** ***** 2.6 2.2 1.3 2.3 18. 15. 10. 14. 30. 26. 20. 28. 404. 426. 378. 405. 10.1 5.4 -11.4 7.3 10.3 6.6 2.4 10.3 6.0 6.2 5.4 5.7 1971-Q1.....| -Q2.....| "Q3.....| -Q4.....| 331. 373. 264. 316. 107.4 12.6 -29.3 19.7 91.4 147.2 183.5 97.6 4.6 5. 1 3.5 4. 1 25. 24. 16. 18. 43. 42. 33. 36. 443. 508. 537. 553. 9.4 14.6 5.6 3.0 9.6 19.2 42. 1 36.4 6. 1 6.9 7.1 7.1 1972-Q1.....| -Q2.....| -Q3.....1 -Q4.....| 401. 377. 450. 549. 27.0 -5.9 19.2 21.9 21.0 1.1 70.6 73.7 5.0 4.6 5.4 6.3 22. 20. 18. 19. 41. 37. 39. 44. 580. 636. 712. 697. 5.0 9.7 11.9 -2. 1 30.9 25.2 32.6 26.0 7.3 7.8 8.5 8.0 1973-Q1.....| -Q2.....1 -Q3.....| -Q4..... | 594. 564. 476. 482. 8.2 -5. 1 -15.5 1. 1 48.0 49.4 5.9 -12.2 6.5 5.9 4.7 4.6 19. 18. 15. 14. 47. 43. 35. 36. 671. 754. 886. 850. -3.7 12.4 17.6 -4.2 15.6 18.5 24.6 22.0 7.3 7.9 8.8 8.1 1974-Q1_____| -Q2.....| -Q3.....| -Q4.....j 1 1975-Q1.....| -Q2.....| -Q3.....| -Q4.....| 529. 587. 617. 680. 9.8 11.0 5. 1 10.2 -10.9 4.1 29.5 41.1 4.8 5. 1 5. 1 5.3 16. 15. 14. 16. 39. 44. 840. 742. 985. 854. -1.2 -11.6 32.8 -13.4 25.2 -1.6 11.2 0.5 7.6 6.5 8.1 6.6 754. 730. 719. 772. 11.0 -3.2 -1.5 7.4 42.6 24.4 16.6 13.6 5.6 5. 1 4.8 5.0 18. 17. 17. 18. 49. 47. 42. 43. 780. 829. 997. 1019. -8.6 6.3 20.2 2.2 -7. 1 11.7 1.2 19.3 5.8 5.8 6.7 6.6 1976— Q1.....I -Q2.....| -Q3...,.| -Q4.....| 841. 856. 868. 1008. 8.9 1.8 1.4 16. 1 11.5 17.3 20.7 30.5 5.2 5- 1 5.0 5.6 18. 20. 19. 21. 42. 42. 43. 46. 1154. 1178. 1167. 1180. 13.3 2.0 -0.9 1.2 48.0 42.0 17.0 15.9 7.2 7.0 6.7 6.6 1977-Q1.....| -Q2.....| -Q3.....| -Q4.....1 1134. 1202. 1281. 1187. 12.5 6.0 6.6 -7.3 34.8 40.4 47.6 17.8 6. 1 6.2 6.4 5.7 20. 22. 22. 22. 43. 48. 48. 1518. 1510. 1407. 1307. 28.6 -0.5 -6.8 -7.1 31.6 28.3 20.6 10.7 8.2 7.8 7.0 6.3 1978-Q1.....| -Q2.....| -Q3.....| -Q4..... J 1196. 1246. 1308. 1274. 0.7 4.2 4.9 -2.6 3.7 2.1 7.3 5.5 5.6 5.7 5.3 21. 2121. 41. 43. 48. 44. 31.2 -3.0 -15.6 17.1 12.9 10. 1 20. 1715. 1663. 1405. 1644. 25.8 7.9 7.5 6. 1 6.9 1979-Q1.....| -Q2.....| -Q3.....1 -Q4.....| 1501. 1678. 1693. 1994. 17.8 11.8 0.9 17.8 25.5 34.6 29.5 56.6 6. 1 6.5 6.3 7.0 20. 21. 20. 20. 50. 50. 52. 52. 1496. 1705. 1558. 1853. -9.0 13.9 -8.6 19.0 -12.7 2.5 10.9 12.7 6.0 6.6 5.8 6.5 1980-Q1.....| -Q2.....| -Q3.....| -Q4.....| _____________ L 2056. 1941. 1496. 1546. 3. 1 -5.6 -22.9 3.3 37.0 15.7 -11.6 -22-5 6.9 6. 1 4.5 4.4 19. 18. 18. 18. 61. 1336. 1392. 1339. 1496. -27.9 4.2 -10.7 -18.4 -14. 1 -19.3 4.0 4.3 5.5 44. 38. 44. 58. 53. 51. * SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING QUARTER. "REFIN AN CI NG OF FE DERAL LA N D BANK LOANS" IS CONPUTED AS LOAMS CL OS ED LESS NEW MONEY LOANED. "REPAYHENTS" ARE COflPUTED AS NEH MONEY LOANED LESS TH E CH A N G E IN LOAN S OUTSTANDING. -3.8 11.3 -0 .2 4.5 4.4 27 FEDERAL LAND BANKS REFINANCING AND RE PAYMENTS FOUB-QUABTEB MOVING 102AL TABLE 2 2 4 . 3Q REFINANCING OF FEDERAL LAND BANK LOANS I I | CHANGE FROM ( I AS PERCENTAGE OF YEAR | MILLIONS | PREVIOUS YEAR 1 ENDING— | OF I 1 LOANS | DOLLARS 1 MILLIONS LOANS OUTREPAYMENTS AND | OF PERCENT J STANDING* CLOSED 1 REFINANCING 1 DOLLABS 1 1 1 ***** ***• **** **** ****** 1964-Q 1____ . | ****** **** **** **** ****** ***** - Q 2 --- -1 ****** ***** **** **** **** ****** - Q 3 ---- . | ****** **** **** **** ****** ***** - Q 4 --- . | ****** 1 ****** **** ***** **** **** ****** 1965— Q1^ **** **** **** ****** ***** - Q 2 --- „ | ****** . j ****** ***** **** **** ****** **** - Q 3 --| ****** ****** ***** **** **** **** - Q 4 --1 * *** ***** **♦* **** ****** 1966-Q1___ . j ****** ** * * * **** **** **** ****** - Q 2 ---- . | ****** ****** ***** **** **** ****** **** -Q 3---- .| **** **** ****** ***** **** - Q 4 ---- . j ****** 1 ***** **** **** ****** **** 1967-Q1____ . | ****** ****** ****** ***** **** **** **** -Q 2---- .j ***** **** **** ****** **** - Q 3 ---- . j ****** ****** ****** ***** **** **** **** - Q 4 ---I ****** ***** **** **** * + ** 1968-Q1____ . j ****** ***** **** **** ****** **** - Q 2 ---- . j ****** ****** ***** **** **♦* **** - Q 3 ---- . j ****** ****** ***** **** **** **** - Q 4 ---- I ****** 1 ***** **** **** ****** **** 1969— Q1..». . j ****** ****** ***** **** **** **** - Q 2 --- . j ****** ****** ***** **** **** **** - Q 3 ---- | ****** ****** ***** **** **** **** - Q 4 ---- 1 ****** 1 ***** **** ****** **** **** 1970-Q1___ . j ****** ****** ***** **** **** **** - Q 2 --- . j ****** ***** **** ****** **** **** - Q 3 --- | ****** ****** ***** 2. 1 14. 27. — Q 4 ---1971-Q1___ - Q 2 ---Q3.... -Q 4---- REPAYMENTS CH AN GE FBOH I MILLIONS | PBEVIOUS YEAR OF | .... DOLLABS || MILLIONS OF PERCENT 1 Jt DOLLARS | AS | PERCENTAGE OF I| | LOANS OUT| ST ANDING" JL ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** 301. 307. 313. 325. ****** ****** ****** ****** ***** ***** ***** ***** 8.4 8.3 6.2 8.2 339. 339. 339. 335. 38. 32. 27. 11. 12.7 10.4 8.5 3.3 8.3 8.0 7.7 7.3 326. 324. 328. 346. -14. -16. -11. 11. -4. 0 -4 .6 -3. 3 3. 3 6. 8 6.6 6.5 6.7 363. 370. 375. 385. 3846. 47. 39. 11.6 14.3 14. 2 11.3 6.8 6.7 6.6 6.6 394. 400. 402. 399. 30. 30. 27. 13. 8.3 8. 2 7.2 3.5 6.6 6.5 6.4 6.2 395. 389. 393. 398. 1. -11. -9. -1. 0.3 - 2 .7 - 2 .3 -0 .2 6.0 5.8 5.8 5.8 ****** ****** ****** 180. ***** ***** ***** 123.2 2.7 3.5 4.0 4.4 17. 20. 20. 21- 31. 36. 38. 40. 419. 446. 469. 498. 24. 56. 76. 101. 6. 1 14. 4 19.4 25.3 6.0 6.2 6.4 6.7 1 1972-Q1____ -Q2....,.| -Q 3---- ,.| - Q 4 ---- .1 347. 390. 442. 154. 96. 100. 11b. 80.7 38.2 34.4 35.7 4.5 4.4 4. 8 5.3 20. 20. 2020. 39. 38. 39. 42. 543. 577. 599. 621. 124. 132. 130. 123. 29.5 29.6 27.7 24.6 7. 1 7.4 7.4 7.5 19 73 -Q 1____ . | - Q 2 ---- .1 - Q 3 ---- -| - Q 4 ---- -| 492. 545. 552. 530. 148. 198. 161. 88. 43. 1 57.0 41.3 19.8 5. 7 6. 1 5.9 5.4 19. 19. 18. 17. 42. 43. 43. 40. 675. 715. 745. 784. 132. 138. 146. 163. 24.3 23.8 24.4 26.2 7.8 8.0 8.0 8.0 1974-Q1____ .( - Q 2 ---- .1 -Q3---- .J - Q 4 ---- 516. 525. 558. 600. 23. -20. 6. 70. 4.7 -3.7 1. 1 13.3 5.0 4. 9 4.9 5. 1 16. 15. IS IS. 38. 39. 40. 42. 825. 825. 828. 830. 150. 110. 83. 47. 22.2 15.4 11. 1 6. 0 8.0 7.7 7.3 7.0 1975-Q1.... - Q 2 ---- Q 3 ---- Q 4 ---- .| .| .1 -| 660. 703. 721. 742. 145. 178. 163. 141. 28. 1 33-9 29.3 23.5 5. 3 5.3 5.2 5. 1 16. 16. 17. 18. 45. 46. 46. 45. 821. 832. 858. 920. — 4. 7. 30. 90. -0. 5 0.9 3.7 10.8 6.6 6.3 6.2 6.3 1976-Q1____ - Q 2 ---- Q 3 ---- Q 4 ---- .| .| .J .| 766. 804. 835. 890. 106. 101. 1 14. 148. 16.0 14.3 15.8 19.9 5. 1 5. 1 5. 1 5.2 18. 18. 19. 19. 43. 42. 42. 43. 1015. 1091. 1141. 1185. 195. 258. 283. 265. 23.7 31.0 33.0 28.8 6.7 6.9 7.0 7.0 1977-Q1____ .| - Q 2 ---- ml - Q 3 ---- .( - Q 4 ---- .1 969. 1067. 1160. 1201. 202. 264. 325. 311. 26.4 32.8 38-9 35.0 5.5 5. 8 6. 1 6. 1 20. 20. 2121. 43. 44. 45. 45. 1291. 13761443. 1476. 275. 286. 302. 291. 27.1 26.2 26.5 24.6 7.3 7.5 7.6 7.5 1978-Q1____ - Q 2 ---- Q 3 ---- Q 4 ---- 1214. 1226. 1232. 1256. 245. 159. 72. 55. 25.3 14.9 6.2 4.6 5. 9 5.8 5.6 5.5 22. 22. 21. 21. 45. 45. 45. 45. 1485. 1512. 1504. 1557. 194. 135. 61. 30. 15.0 9.8 4.2 5.4 7.3 7.1 6-9 6.9 .| 1328. .| 1453. .| 1542. .| 1713. 1 1 1 9 80 -Q 1.... .J 1842. - Q 2 ---1919. - Q 3 ---- .| 1878. - Q 4 ---- .| 1777. -J__________ 1 14. 226. 310. 457. 9.4 18.5 25.2 36. 4 5. 7 6.0 6. 1 6. 5 20. 20. 20. 20. 46. 48. 49. 51. 1579. 1588. 16T4. 1621. 94. 77. 110. 64. 6.3 5. 1 7.3 4. 1 6.7 6.5 6.3 6. 1 514. 466. 336. 64. 38.7 32. 1 21.8 3.7 6.6 6.6 6. 1 5.5 20. 19. 19. 18. 53. 55. 55. 54. 1634. 1560. 1552. 1536. 55. -28. -62. -85. 3.5 -1 .8 - 3 .8 -5.3 5.9 5.3 5.0 4.7 .| .| .| .| 19 79 -Q 1____ - Q 2 ---- Q J ---- Q 4 ---- * AVEBAGE LOANS OUTS TA ND IN G DURING THE PB ECEDING FOUR QUARTERS (AVERAGE OF E N D - OF -Q UA BT EB DATA) "R EF IN AN CI NG OF FE DERAL LA ND BANK'L OA NS " IS CO MP UT ED AS LOANS CLOSED LESS NEW HONEY LOANED. "R EPAYMENTS" ABE COMPUTED AS NEB HONEY LOANFD LESS THE C H AN GE IN LOANS OUTSTANDING. 28 T A BL E 231. IQ FARO FAfiR MORT GA GE S OU TSTANDING HILL IONS OF DOLLARS END OF QUARTER FABH MORT GA GE S AC QUIRED PERC EN TA GE CH AN GE FROH PR EV IO US 1 CH AN GE FROH PBEVIOOS 1 YEAB. 1 QOABTEB QOABTEB IEAB | | MILLIONS OF DOLLABS 1 1 AC Q0 IB E0 |I CH AN GE FBOH PBEVIOOS| | IN |1 I _ . ...... QUARTER I1 QUARTER YEAS 1 PEBCEN TA GE CHANGE FBOH PBEVIOOS QO AB TE B YEAB 2856. 2909. 2946. 2983. 30. 53. 37. 37. 123. 147. 151. 157. 1. 1 1.9 1.3 1.3 4.5 5.3 5.4 Dm 6 | | | | 153. 112. 86. 116. 41. -41. -26. 30. -8. -23. -9. -- 36.6 -26.8 -23.2 34.9 -5 . 0 -17.0 -9.5 3.6 | | | | 3004. 3078. J128. 3170. 21. 74. 50. 42. 14 8. 169. 182. 187. 0.7 2-5 1.6 1. 3 5.2 5.8 6.2 6.3 | | | | 156. 148. 109. 142. 40. -8. -39. 33- 3. 36. 23. 26. 34.5 -5. 1 -26. 4 30.3 2.0 32.1 26.7 22.4 1962— Q 1.... J -Q 2 ..... | - Q J ........... | - Q 4 ---- J 1 1 9 6J -Q 1____ 1 - Q 2 ---- | - Q 3 ----Q 4 ..... | 32123286. 3346. 3400. 42. 74. 60. 54. 208. 208. 210. 230. 1.3 2.3 1.8 1.6 6.9 6.8 7.0 7.3 | | | | 191. 156. 122. 150. 49. -35. -34. 28. 35. 8. 13. 8. 34.5 -1 8 . 3 -21.8 23.0 22.4 5.4 11.9 5.6 3464. 3592. 3713. 3792. 64. 128. 121. 79. 252. 306. 367. 392. 1.9 3.7 3.4 2. 1 7.3 9-3 11.0 11.5 *| | 1 | 234. 227. 206. 199. 84. -7. -21. -7. 43. 71. 84. 49. 56.0 -3.0 -9.3 -3.4 22.5 45.5 68.9 32.7 1 96 4 - Q 1____ - Q 2 ---- Q 3 ---- Q 4 . ... .| .| .| .1 1 1 9 o 5- Q 1 ____ | - Q 2 ---- .| -Q 3 ---- Q 4 ---- | i 1966-Q 1____ . | - Q 2 ---- .| - Q 3 ---- | - Q 4 ---- .J 3921. 4086. 4197. 4304. 129. 165. 111. 107. 457. 494. 484. 512. 3.4 4.2 2.7 2.5 13.2 13.8 13.0 13.5 | | | | 324. 273. 205. 245. 125. -51. -68. 40. 90. 46. -1. 46. 62.8 -15.7 -24.9 19.5 38.5 20.3 -0 .5 23.1 4425. 4583. 4686. 4823. 121. 158. 103. 137. 504. 497. 489. 519. 2. 8 3.6 2.2 2.9 12.9 12.2 11.7 12. 1 | | J | 382. 294. 203. 270- 137. -88. -91. 67. 58. 21. -2. 25. 55.9 -23.0 -31. 0 33.0 17.9 7.7 -1.0 10.2 4969. 5165. 5227. 5240. 145. 197. 62. 13. 543. 582. 541. 417. 3. 0 4.0 1.2 0.2 12.3 12.7 11.5 8.6 | | | | 388. 322. 146. 138. 118. -66. -17b. -8. 6. 28. -57. -132. 43.7 -17.0 -54. 7 -5 .5 1.6 9.5 -28.1 -48.9 1967-Q 1____ .1 - Q 2 ---- .J - Q J ..... | - Q 4 ---- | 5274. 5377. 5463. 5569. 34. 103. 86. 106. 306. 212. 236. 329. 0.6 2.0 1.6 1.9 6.2 4.1 4.5 6.3 | 1 | | 219. 205. 174. 239. 81. -14. -31. 65. -169. -117. 28. 101. 58.7 -6.4 -15.1 37.4 -43.6 -36.3 19.2 73.2 19 68 -Q 1......| - Q 2 ..... | - Q 3 ..... ,| — Q4..... ►| 5634. 5731. 5776. 5803. 65. 97. 45. 27. 360. 354. 313. 234. 1.2 1.7 0.8 0.5 6.8 6.6 5.7 4.2 | | | | 279. 200. 138. 155. 40. -79. -62. 17. 60. -5. -36. -84. 16.7 -2 8 . 3 -31.0 12.3 27.4 -2.4 -20.7 -35.1 19 69-Q1_____ - Q 2 .....,| - 2 3 ......| - Q 4 ..... | 5785. 5849. 5865. 5773. -18. 64. 16. -92. 151. 118. 09. -30. n 0 1 1 1 | QU AB TE B 1 | | 1 1 19 60 -Q 1..... | - Q 2 ..... | - Q J ..... | - Q 4 ---- | LIFE IN SURANCE CO MP AN IE S HO RXGAGES O U T S TA ND IN G AMO ACQUIRED 1. 1 0.3 -1 .6 2.7 2.1 1.5 -0.5 | I | J 196. 178. 96. 70. 41. -18. -82. -26. -83. -22. -42. -85. 26.5 -9.2 -46. 1 -27. 1 -29.7 -11.0 -30.4 -54.8 19 70 -Q 1......1 - Q 2 ......| -23..... .1 - Q 4 -----.| 5675. 5670. 5667. 5649. -98. -5. -3. -18. -110. -179. -198. -124. -1.7 -0. 1 -0. 1 -0. 3 -1.9 -3.1 -3.4 -2. 1 | | | | 80. 78. 68. 88. 10. -2. -10. 20. -116. -100. -28. 18. 14.3 -2.5 -12.8 29.4 -59.2 -56.2 -29.2 25.7 1971-Q1.....,| -2 2 ..... .i - 2 3 ..... - Q 4 ......| 5545. 5564. 5594. 5601. -104. 19. 30. 7. -130. -106. -73. -48. -1 .8 0.3 0.5 0. 1 -2.3 -1.9 -1.3 -0 . 8 i | | J 92. 137. 127. 147. 4. 45. -10. 20. 12. 59. 59. 59. 4.5 48.9 -7.3 15. 7 15.0 75.6 86.8 67.0 1 9 72— Q 1..... -Q 2 ..... .| - 2 3 ----- .| - 2 4 ..... ,| I 1973— Q 1..... .1 - 2 2 ......1 -Q 3 ..... .| - 2 4 ..... .| 5535. 5582. 5617. 5678. -66. 47. 35. 61. -10. 18. 23. 77. -1 .2 0.8 0.6 1. 1 -0.2 0.3 0.4 1.4 | | | | 159. 179. 155. 207. 12. 20. -24. 52. 67. 42. 28. 60. 8.2 12.6 - 1 3. 4 33.5 72.8 30.7 22.0 40.8 5643. 5737. 5867. 5996. -35. 94. 130. 129. 108. 155. 250. 318. -0.6 1.7 2.3 2.2 2.0 2.8 4.5 5.6 | 1 | | 223. 247. 247. 289. 16. 24. 0. 42. 64. 68. 9282. 7.7 10.8 0.0 17.0 40.3 38.0 59.4 39.6 1974-Q1..... .| - 2 2 ..... .j - 2 3 ..... .| — Q4..... .| 5999. 6128. 6247. 6327. 3. 129. 119. 80. 356. 391. 380. 331. 0. 1 2.2 1. 9 1.3 6.3 6.8 6.5 5.5 | | | | 277. 284. 224. 222. -12. 7. -60. -2. 54. 37. -23. -67. -4.2 2.5 -21. 1 -0.9 24.2 15.0 -9.3 -23.2 1975— Q 1..... .1 - Q 2 ..... .1 - 2 3 ..... .| - 2 4 ..... ,J 1 19 76 -Q 1..... ,| - 2 2 ..... .| - 2 3 ..... ,| - 2 4 ..... ,| 6428. 6573. 6 6 J 1. 6753. 101. 145. 58. 122. 429. 445. 384. 426. 1.6 2.3 0.9 1.8 7.2 7.3 6.1 6.7 | J | | 363. 270. 170. 272. 141. -93. -100. 102. 86. -14. -54. 50. 63.5 -25. b -37.0 60.0 31.0 -4.9 -24. 1 22.5 6815. 7005. 7184. 7425. 62. 190. 179. 241. 387. 432. 553. 672. 0. 9 2. 8 2.6 3.4 6-0 6.6 8-3 10.0 | | | | 352. 334. 367. 437. 80. 32. -17. 70. -11. 114. 197. 165. 29.4 9. 1 -4. 4 19. 1 -3.0 42.2 115.9 60.7 1977— Q 1......j - 2 2 ..... .| - 2 3 ..... .| - 2 4 ......| 7640. 8139. 8475. 8842. 215. 499. 336. 367. 825. 1 134. 1291. 141/. 2. 9 4. 1 4.3 12. 1 16.2 18.0 19. 1 | | | J 549. 748. 565. 598. 112. 199. -183. 33. 197. 364. 198. 16 1. 25.6 36.2 -24.5 5.8 56.0 94.0 54.0 36.8 1970-Q1..... .| - 2 2 ..... .1 - 2 3 ..... >| - Q 4 -----.1 9205. 9712. 10116. 10499. 363. 507. 404. 383. 1565. 1573. 1641. 1657. 4. 1 5.5 4.2 3.0 20.5 1*. 3 19.4 18.7 | | | | 692. 799. 640. 617. 94. 107. -159. -23. 143. 51. 75. 19- 15.7 15. 5 -19.9 -3.0 26.0 6. 8 13.3 3.2 1979 -Q 1.___ ,| - Q 2 ..... - 2 3 .....,| — Q4..... ,| i 19 JU -Q 1..... 1 - 2 2 ..... .| - 2 3 ..... - 0 4 ..... .1 1 10927. 11480. 11864. 12180. 428. 553. 384. 316. 1722. 1768. 1748. 1681. 4. 1 5. 1 3. 3 2.7 18.7 18.2 17. J 16.0 1 | J | 840. 878. 576. 505. 223. 38. -302. 9. 148. 79. -64. -32. 36. 1 4.5 -34.4 1.6 21.4 9.9 -10.0 -5.2 12400. 12682. 12729. 12844. *20. 282. 47. 115. 1473. 1202. 865. 664. 1.8 2. 3 0.4 0.9 13.5 10.5 7.3 5.5 { | | | 12 4. 5*5226. 367. 39. -79. -319. 141. -21b. -333. -350. -218. 6.7 -12.7 -58.5 62.4 -25.7 -37.9 -60.8 -37.3 19 61 -Q 1____ - Q 2 ---- Q J ---- Q 4 ..... c. 5 29 LIFE INSURANCE CO MPANIES FARM MORTGAGES OUTSTA ND IN G AMD ACQUIRED SEASONAL LY -A DJ US TE D DATA TABLE 2 3 1 . 2Q FARM MO RTGAGES OU TSTANDING I l_ J PERCENTAGE CHANGE MIL LI ONS OF DOLLARS I | FROM PREVIOUS 1 CHANGE PROM PREVIOUS 1 1 1 END OF | | QUARTER YEAR YEAR 1 QUARTER 1 QUARTER QUARTER 1 1 1 (SAAR) (SAAB) FARM MORTGAGES ACQUIRED I | MILLIONS OF DOLLARS AC QUIRED | CH AN GE FROM PREVIOUS IN | QUARTER | QUARTER YEAR | (SAAR) 1 PERC EN TA GE CHANGE FROM PREVIOUS QUARTER YEAR 19 60 -Q 1... -Q2... -Q3... ..1 -Q4... --I 2865. 2901. 2940. 2984. 149. 146161. 180. 124. 146. 150. 156. 5. 3 5. 1 5.6 6. 1 4.5 5.3 5.4 5.5 472. 439. 440. 514. -63. -117. 3. 379. -16. -99. -4 8. 25. - 1 3. 0 -2 4. 9 0.7 1961-Q1... --I -Q2..', 3014. 3068. 3120. 3171. 123. 222214. 206. 150. 168. 180. 187. 4.1 7. 3 7. 0 6.6 5.2 5.8 6. 1 6.3 487. 573. 560. 639. -99. 444. -52. 391- 15. 134. 119. 125. -19.2 91.2 69.9 3.3 30.4 27.1 24.3 1962-Q1.. ..1 -Q2... -Q3... • •I -Q4... -- 1 3224. 3274. 3337. 3402. 219203. 260. 267. 210. 205. 216. 231. 6.9 6. 3 7.9 8.0 7.0 6.7 6.9 7.3 605. 588. 624. 684. -126. -64. 156. 277. 117. 15. 64. 45. - 1 9. 7 -10.6 26.6 44.4 24. 1 2.6 11.5 7.0 1963-Q1... -• 1 -Q2... -Qi... -Q4... 3477. 3576. 3702. 3795. 314. 411. 534. 383. 253. 302. 366. 393- 9-2 1 1.8 14. 9 10.3 7.9 9.2 11.0 11.6 736. 844. 1063. 901. 235. 535. 1279. -515. 131. 256. 439. 217. 34.4 72.7 151.6 -48. 5 21-7 43.5 70.4 31.7 1964-Q1... -Q2... --I -Q3... -- 1 -Q4... 3936. 4065. 4185. 4306. 597. 543. 504. 505. 458. 489. 483. 512. 15.7 13.8 12.4 12. 1 13.2 13.7 13.0 13.5 1028. 1002. 1078. 1110. 627. -101. 345. 133. 291. 158. 15. 210. 69.6 -9.8 34.4 12-3 39.6 18.7 1.5 23.3 19 65 -Q 1... -Q2... ..1 -Q3... - Q 4 . .. 4440. 4558. 4673. 4823. 561. 489. 480. 628. 505. 493. 488. 517. 13- 0 11.0 10.5 13.4 12.8 12.1 11.7 12.0 1183. 1076. 1082. 1177. 322-373. 23. 434. 155. 75. 4. 67. 29.0 -3 1. 6 2. 1 40. 1 15.1 7.5 0.3 6.0 196b -Q l... -Q2... -Q3... -Q4— . 4984. 5137. 5213. 5236. 679. 640. 308. 95. 544. 580. 539413. 14. 1 12-8 6.0 1.8 12.3 12-7 11.5 8.6 1224. 1164. 779. 634. 198. -221. -931. -437. 4 0. 88. -303. -543. 16.8 -1 8. 0 -80.0 -56. 1 3.4 8.2 -28.0 -46.2 5292. 5352. 5446. 5560. 228. 242. 388. 469. 308. 215. 234. 324. 4.4 4.6 7.2 8.6 6.2 4.2 4.5 6.2 713. 749. 919. 1014. 383. 154. 951. 442. -510. -415. 141. 380. 60.5 21.6 126.9 48. 1 -41.7 -35.7 18.1 60.0 5656. 5711. 5756. 5787. 395. 222. 182. 126. 364. 359. 310. 227. 7. 1 3.9 3.2 2. 2 6.9 6.7 5.7 4. 1 938. 722. 708. 638. -271. -610. -53. -242. 225. -27. -211. -376. -26.7 -65.0 -7.3 -34. 1 31.6 -3.6 -23.0 -37.1 1969-Q1... -.1 -Q2... • - 1 -Q3... -Q4. . . --I 58115836. 5842. 5751. 97. 9 9. 25. -355. 155. 125. 86. -36. 1.7 1.7 0. 4 -6. 1 2.7 2.2 1.5 -0.6 675. 648. 469. 306. 159. -100. -471. -383. -264. -74. -240. -332. 24.9 -14.9 -72.7 -81.7 -28.1 -10.2 -33.8 -52.0 19 7 0 - Q 1. .. ••1 -Q2... .-1 ~ Q 3 - --Q4... 5704. 5663. 5643. 5623. -185. -161. -80. -83. -107. -172. -199. -129. -3.2 -2.8 -1.4 -1.5 -1.8 -3.0 -3.4 -2.2 294. 282. 337. 368. -45. -46. 290. 144. -380. '366. -132. 62. -14.8 -15. 7 102.9 42.8 -56.4 -56. 5 -28.2 20.1 1971-Q1... ..1 -Q2... -Q4... -.1 5576. 5561. 5571. 5572. -184. -58. 37. 6. -128. -102. -73. -51. -3.3 -1. 0 0.7 0. 1 -2.2 -1.8 -1.3 -0.9 335. 499. 589. 612. -115. 1315. 471. 99. 41. 217. 253244. -31.3 392.6 94.3 16.7 13.8 76.9 75.0 66.4 1972-Q1... --I -Q2... -Q3. . . -Q4... 5567. 5580. 5594. 5648. -19. 52. 57. 216. -9. 19. 24. 76. -0.3 0.9 1.0 3.9 -0.2 0.3 0.4 1.4 572653. 713. 833. -145. 398. 273. 616. 237. 154. 123220. -2 3. 7 69.6 41.7 86.4 70.9 30.9 20.9 36.0 5675. 5733. 5845. 5966. 111. 235. 461. 497. 108. 153. 251318. 2.0 4. 1 8.0 8. 5 1.9 2.7 4.5 5.6 835. 906. 1146. 1233. 11. 320. 1413. 392. 263. 253. 433. 401. 1.3 38.3 156.0 34.2 46.0 38.7 60.8 48.1 1974-Q1... -Q2... -Q3... -Q4... -- 1 6032. 61196225. 6298. 272. 353434. 300. 357. 386. BO. 3 33. 4. 6 5. 9 7. 1 4. 8 6.3 6.7 6.5 5.6 1025. 1037. 1035. 957. -644. 46. -9. -276. 190. 131. -111. -276. -52.2 4.5 -0 .9 -26.7 22.8 14.4 -9.7 -22.4 J 1 9 75 -Q 1... - Q 2 --- Q 3 . .- -.1 - Q 4 --- -.1 fl 1 1976-Q1___ -Q2... -Q3... -Q4... 6462. 6557. 6608. 6727. 683. 384. 207. 492. 4304 38. 383. 429. 10.8 5.9 3.2 7. 5 7.1 7.2 6.2 6.8 1393. 969. 800. 1088. 3339. -1067. -519. 1937.' 368. -67. -234. 131. 348.8 -76.6 -53.6 242.0 35.9 -6.5 -22. 6 13.7 6851. 6979. 7159. 7402. 506. 530. 745. 1022. 388. 423. 551. 674. 7.5 7. 7 10.7 14.3 6.0 6.4 8.3 10.0 1323. 1366. 1730. 1778. 1290. 181. 2146. 202. -70. 397. 930. 690. 118.5 13.7 157. 1 11.7 -5.0 40.9 116.2 63.4 1 ~Q3. . “ Q4... 1 1 1 196 7- Q1 ___ -.1 -Q2... -Q3... ..1 -Q4... --I 1 1 9 6 8 - Q 1... “ Q2... -Q3... -Q4... --I 1 1 -Q3... 1 1973-Q1... ..1 -Q2. . . --4 -Q3... -Q4... 1 1 j 86.0 -9. 1 -3.4 -18.3 -9.9 5.2 1 9 77 -Q 1___ --I -Q2... -Q3..., -Q 4 --1a 1978-Q1... -Q2... - Q 3 ... -Q4... --1 7678. 8101. 8447. 6822. 1170. 1837. 1477. 1601. 828. 11221289. 1421. 15. 8 23-9 18.2 19.0 12. 1 1b. 1 18.0 19.2 2055. 2601. 2692. 2447. 1391. 3226. 381. -855. 731. 1235. 962. 668. 78.2 157.0 14.6 -31.8 55.3 90.4 55.6 37.6 9247. 9659. 10079. 10468. 18261760. 1794. 1649. 1569. 1557. 1631. 1646. 20. 7 19.0 18.6 16. 4 20.4 19.2 19.3 18.7 2628. 2733. 3090. 2665. 810. 449. 1732. -1380. 573. 132. 398. 219. 33.1 17.1 63.4 -44.7 27.9 5.1 14.8 8.9 1979— Q 1... - - 1 - Q 2 . .. --I - Q 3 --- Q 4 ... 10981. 11413. 1 1822. 12146. 2210. 1829. 1725. 1354. 1734. 1754. 1743. 1678. 21. 1 1b .7 15. 1 11. 4 18.8 18.2 17.3 16.0 3170. 2959. 2808. 2614. 2665. -763. -558. -700. 542. 225. -282. -51. 100.0 -24. 1 -18.8 -24. 9 20.6 8.2 -9.1 -1.9 124b 1. 12605. 12687. 12816. 1308. 585. 334. 524. 1479. 1192. 866. 670. 10.8 4.7 2.7 4. 1 13.5 10.4 7.3 5.5 2445. 1837. 1109. 1520. -614. -1666. -1593. 2805. -725. -1122. -1700. -1094. -2 3. 5 -68. 1 -86.7 253.0 -22.9 -37.9 -60.5 -41.9 i I 1980-Q1... -Q2... -Q3... - Q 4 ... --I i 30 TABLE 2 3 1 . JQ LIFE INSURANCE COMPANIES FARM MORTGAGES ACQUIRED FOUR-QUARTER MOVING TOTAL TEAR ENDING— 1 1 MILLIONS | OF | 1 1 DOLLARS | 1 CHANGE FROM PREVIOUS YEAR MILLIONS OF PERCENT | i AS PERCENTAGE OF OUTSTANDING | MORTGAGES* COMMITMENTS* DOLLARS 19 60 -Q 1.....,J -Q2..... | - Q 3 ..... | -Q 4..... | 495. 472. 4o3. 467. 28. -29. -42. -3b. 6.0 -5.8 -8.3 -7.2 18. 17. 16. 16. 574. 585. 597. 625. 1961-Q1..... - Q 2 ..... - Q 3 ..... -Q<*..... 1 | J | 470. 506. 52y. 555. -25. 34. 66. 88. -5.1 7.2 14.3 18.8 16. 17. 18. 18. 639. 664. 668. 651. 1962-Q1..... - Q 2 ..... " Q 3 ..... - Q 4 ..... | | | 1 590. 598. 611. 619. 120. 92. 82. 64. 25.5 18.2 15.5 11.5 19. 19. 19. 19. 647. 628. 617. 610. 1963-Q1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... | | | | 662. 733. 817. 8b6. 72. 135. 206. 247. 12.2 22-6 33.7 39.9 20. 22. 24. 24. 623. * 639. 662. 655. 1964-Q1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... | | | | 956. 1002. 1001. 1047. 294. 269. 18*. 181. 44.4 36.7 22.5 20.9 26. 27. 26. 26. 636. 6 1o. 576. 549. 19 6 5 - Q 1..... - Q 2 ..... - Q 3 . .• - Q 4 ..... | ( | ( 1105. 1126. 1124. 1149. 149. 124. 123. 102. 15.6 12.4 12.3 9.7 27. 26. 26. 26. 548. 537. 520. 515. 19 66-Q1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... | | | | 1155. 1183. 1126. 994. 50. 57. 2. -155. 4.5 5.1 0.2 -13.5 25. 25. 23. 20. 497. 476. 454. 425. 19 67 -Q 1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... I | | | 825. 708. 736. 837. -330. -475. -390. -157. -28.6 -40. 2 -34.6 -1 5. 8 16. 14. 14. 16. 391. 389. 417. 453. 19 68 -Q 1..... | - Q 2 ..... | - Q 3 ..... ( - Q 1*..... 897. 89 2. 856. 772. 72. 184. 120. -65. 8.7 26.0 16.3 -7.8 17. 16. 15. 14. 456. 427. 396. 376. 19 6 9 - Q 1 ..... - Q 2 ..... | - Q 3 ..... - Q 4 ..... ,( 689. 667. 625. 540. -208. -225. -231. -232. -23.2 -25. 2 -27.0 -30.1 12. 1211. 9. 355. 353353. 300. 1970-Q1..... .( -Q 2..... .| - Q 3 ..... .| - Q 4 ..... ,| 424. 324. 296. 314. -265. -343. -329. -226. -38. 5 -51.4 -52.6 -41.9 7. 6. 5. 6. 235. 185. 168. 188. 1971-Q1..... - Q 2 ..... ,| - Q 3 ......| - Q 4 ..... ,| 326. 385. 444. 503. -98. 61. 148. 189. -23.1 18.8 50.0 60.2 6. 7. 8. 9. 213. 258. 290. 303. 1972-Q1..... ,| - Q 2 ..... | - Q 3 ..... ,| - Q 4 ..... ,| 570. 612. 640. 700. 244. 227. 196. 197. 74.8 59.0 44.1 39.2 10. 11. 11. 13. 299. 273. 247. 239. 19 73 -Q 1..... .| - Q 2 ..... | - Q 3 ..... .| -Q«*..... | 764. 832. 924. 1006. 194. 220. 284. 306. 34.0 35.9 43.7 14. 15. 16. 18. 242. 243. 242. 240. 1974-Q1..... ,| - Q 2 ..... ,J - Q 3 ..... | - Q 4 ..... ,| 1060. 1097. 1074. 1007. 296. 265. 150. 1. 38.7 31.9 16.2 0.1 18. 19. 18. 17. 235. 228. 205. 179. 19 75-Q1..... | - Q 2 ..... ,( - Q 3 ..... .| - Q * ..... ,| 1093. 1079. 1025. 1075. 33. -18. -49. 68. 3.1 -1.6 -4.6 6.8 18. 17. 16. 17. 185. 187. 198. 230. 19 70 -Q 1..... ,| - Q 2 ..... | - Q 3 ..... | - Q 4 ..... 1 1064. 1178. 1375. 1540. -29. 99. 350. 465. -2.7 9.2 34. 1 43.3 16. 18. 20. 22. 242. 265295. 316. 19 77-Q1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... | | | | 1737. 2101. 2299. 2460. 673. 923. 924. 920. 63.3 78.4 67.2 59.7 24. 29. 30. 31. 368. 392. 383. 1978-Q1..... - Q 2 ..... - 0 3 ..... - Q 4 ..... | | | | 2603. 2654. 2729. 2748. 866. 553. 430. 288. 49.9 26.3 18.7 1 1.7 31. 19 79 -Q 1..... - Q 2 ..... - Q 3 ..... - Q 4 ..... | I i | 2896. 2975. 2911. 2879. 293. 321. 182. 131. 11.3 12. 1 6.7 4.8 1980-Q1..... - Q * ..... - 0 3 ..... -0 4 ..... | | 1 ( 2663. 2330. 1980. 1762. -233. -645. -931. -1117. -8.0 -21.7 -32.0 -38.8 44.4 340. 374. 31. 353. 30. 29. 340. 330. 29. 334. 341. 327. 315. 29. *7. 26. 23. 19. 16. 14. 285. 262. 262. 270. * AVERAGE A M C U N i O U T S TA ND IN G DURING THE PRECEDING FOUR QUARTERS (AVERAGE O F FND - C F - Q U A R I E E DA.A). 31 TABLE 2 3 2 . 1Q L I F E INSURANCE COMPANIES FABM MORTGAGE COMMITMENTS— OUTSTANDING AMO MEN OUTSTANDING | I 1 1 i 1960— Q 1..... | ..... 1 - Q J ..... 1 “ Q4..... 1 NEW FARM MORTGAGE CO MM IT ME NT S FARM MORTGAGE COMMITMENTS FROM PREVIOUS QUARTER END OF QUARTER 1961-Q1..... | - Q 2 ---- -| -Q 3..... | - Q 4 ..... 1 i 1962-Q1..... I - Q 2 ..... | - Q 3 ..... 1 -Q 4 ..... 1 i 1963-Q1..... | - Q 2 ..... | - Q 3 ..... | -Q<*..... 1 1 1964-Q1..... | - Q 2 ..... | - Q 3 ..... 1 - Q 4 ..... 1 1 19 65-Q1..... 1 - Q 2 ..... | - Q 3 ..... 1 - Q 4 ..... 1 CHANGE FROM PREVIOUS _ QUARTER YEAR QUARTER | YEAR | 1 HADE IN | CH AN GE FROM PBBVIOUSI QUARTER jI ___ 1 YEAR | 1I QUARTER FROM PREV IO US QU AR TE R YEAR 69. 69. 72. 89. -25. -5. 8. 17. -22. -13. -11. -5. -26.6 -7.2 12-5 23.6 -24.2 -16.9 -13.3 -5.3 | J J | 89. 73. 69. 98. -7. -16. -4. 29. -10. -3. -12. 2. -7.3 -18.0 -5.5 42.0 -10. 1 -3.9 -14.8 2.1 60. 76. 96. 113. -9. -4. 20. 17. 11. 12. 24. 24. -10. 1 -5 .0 26.3 17.7 15.9 18.8 33.3 27.0 | | | | 105. 97. 99. 116. 7. -8. 2. 17. 16. 24. 30. 18. 7.1 -7.6 2. 1 17.2 18.0 32.9 43.5 18.4 96. 91. 106. 132. -17. -5. 15. 26. 16. 15. 10. 19. -15. 0 -5.2 16.5 24. 5 20.0 19.7 10.4 16.8 | | | | 119. 101. 106. 133- 3. -18. 5. 27. 14. 4. 7. 17. 2.6 -15. 1 5.0 25.5 13.3 4.1 7. 1 14.7 130. 126. 191. 204. -2. -4. 15. 63. 34. 35. 35. 72- -1.5 -3. 1 11.9 44.7 35.4 38.5 33.0 54.5 | | | | 162. 153. 135. 208. 29. -9. -18. 73. 43. 52. 29. 75. 21.8 -5 .6 -11.8 54. 1 36.1 51.5 27.4 56.4 180. 170. 209247. -24. -10. 39. 38. 50. 44. 68. 43. -11.8 -5.6 22-9 18.2 38.5 34.9 48.2 21. 1 | | | | 200. 183. 196. 212. -8. -17. 13. 16. 38. 30. 61. 4. -3.8 - 8 .5 7. 1 8.2 23.5 19.6 45.2 1.9 213. 195. 237. 2 84. -34. -18. 42. 47. 33. 25. 28. 37. -13.8 -8 .5 21. 5 19.8 18.3 14.7 13.4 15.0 J | 1 | 227. 180. 185. 252. 15. -47. 5. 67. 27. -3. -11. 40. 7.1 -20.7 2.8 36.2 13.5 -1.6 -5.6 18-9 19 66 -Q 1..... | - Q 2 ..... | — Q3 .....] - Q * ..... 1 1 1967-Q1.____ | ~ Q 2 ..... | - Q 3 ..... | - Q 4 ..... J 278. 194. 180. 192. -6. -84. -14. 12. 65. -1. -57. -92. -2. 1 -30.2 -7.2 6.7 30.5 -0.5 -24.1 -32.4 | | | 1 264. 149. 96. 107. 12. -115. -53. 11. 37. -31. -89. -145. 4.8 -43.6 -35.6 11.5 16.3 -17.2 -48.1 -57.5 162. 172. 213. 240. -30. 10. 41. 27- -116. -22. 33. 48. -15.6 6.2 23.8 12. 7 -41.7 -11.3 18.3 25.0 | J | | 131. 148. 163. 219. 24. 17. 15. 56. -133. -1. 67. 112. 22.4 13.0 10. 1 34.4 -50.4 -0 .7 69.8 104.7 1968-Q1..... | ~ Q 2 ..... | - Q 3 ..... | -Q 4..... 1 210. 202. 170. 194. -30. -8. -32. 24. 48. 30. -43. -46. -12.5 -3.8 -15. 8 14. 1 29.6 17.4 -20.2 -19.2 | | | | 170. 129. 95. 151. -49. -41. -34. 56. 39-19. -68. -68. -2 2 . 4 -24.1 - 2 6. 4 58.9 29.8 -12.8 -41.7 -31.1 19 69 -Q 1..... | - Q 2 ..... | - Q 3 ..... 1 - Q 4 ..... 1 190. 154. 182. 196. -4. -36. 28. 14. -20. -48. 12. 2. -2. 1 -18.9 18.2 7. 7 -9.5 - 2 3. 8 7.1 1.0 J | | | 164. 122. 109. 85. 13. -42. -13. -24. -6. -7. 14. -66. 8.6 -25.6 -10.7 - 2 2. 0 -3.5 -5.4 14.7 -43.7 19 70 -Q 1..... | - Q 2 ..... | - Q 3 ..... | - Q 1*..... 1 i 1971-Q1..... | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 168. 157. 148. 139. -28. -11. -9. -9. -22. 3. -34. -57. -14.3 -6.5 -5.7 -6. 1 -11.6 1.9 -18.7 -29.1 | J | J 52. 75. 50. 94. -33. 23. -25. 44. -112. - ,J,7« -59. 9. -3 8 . 8 44.2 -33.3 88.0 -68.3 -38.5 -54.1 10.6 154. 171. 199. 239. 15. 17. 28. 40. -14. 14. 51. 100. 10.8 1 1.0 16.4 20. 1 -8.3 8.9 34.5 71.9 | | | | 110. 141. 134. 178. 16. 31. -7. 44. 58. 66. 84. 84. 17.0 28.2 -5.0 32.8 111.5 88.0 168.0 89.4 19 72-Q1..... | - 3 2 ..... | - 3 3 ..... l - Q 4 ..... 1 287. 313. 335. 329. 48. 26. 22. -6. 133. 142. 136. 90. 20. 1 9. 1 7. 0 -1 .8 86.4 83.0 68.3 37.7 | J | 1 195. 207. 166. 208. 17. 12. -41. 42. 85. 66. 32. 30. 9.6 6.2 -19.8 25.3 77.3 46.8 23-9 16.9 1973-Q1..... | - 3 2 ..... | - Q 3 ..... | - Q 4 ..... | 394. 467. 484. 456. 65. 73. 17. -28. 107. 154. 149. 127. 19.8 18. 5 3.6 -5.8 37.3 49.2 44.5 38.6 | | | | 258. 326. 267. 238. 50. 68. -59. -29. 63. 119. 101. 30. 24.0 26.4 -18.1 -10. 9 32.3 57.5 60.8 14.4 1974-Q1_____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... 1 520. 64 0. 636. 570. 64. 120. -4. -66. 126. 173. 152114. 14.0 23. 1 -0.6 -10.4 32.0 37.0 31.4 25.0 | | | | 304. 419. 215. 130. 66. 115. -204. -85. 46. 93. -52. -108. 27.7 37.8 -48.7 -39.5 17.8 28.5 -19. 5 -45.4 19 75 -Q 1..... | -Q 2 ----- 1 - Q 3 ..... | -Q 4..... 1 466. 399. 438. 459. -104. -67. 39. 21. -54. -241. -198. -111. -18.2 -14. 4 9.8 4.8 -10.4 -37.7 -31.1 -19.5 | | | | 250. 164. 236. 289. 120. -86. 72. 53. -54. -255. 21. 159. 92.3 -34.4 43.9 22.5 -17.8 -60.9 9.8 122.3 1976-Q1..... 1 - 3 2 ..... | - 3 3 ..... | - 3 * ..... 1 479. 490. 520. 553. 20. 1130. 33. 13. 91. 82. 94. 4. 4 2. 3 6. 1 6-3 2.8 22.8 18.7 20.5 | | 1 | 329. 364. 320. 453. 40. 35. -44. 133. 79. 200. 84. 164. 13.8 10.6 -12.1 41.6 31.6 122.0 35.6 56.7 1977-Q1..... | -3 2..... | - 3 3 ..... | - 3 9 ..... 1 603. 671. 745. 768. 50. 68. ' 74. 23. 124. 181. 225. 215. 9. 0 11.3 11.0 3. 1 25.9 36.9 43.3 38.9 | | J | 592. 674. 558. 612. 139. 82. -116. 54. 263. 310. 238. 159. 30.7 13.9 -1 7. 2 9.7 79.9 85.2 74.4 35.1 1978-Q1..... | - 3 2 ..... 1 - 3 3 ..... | -3 « ..... 1 827. 869. 862. 912. 59. 42. -7. 50. 224. 198. 117. 144. 7. 7 I. 1 -0.8 / 5.8 37.1 ^9 . J 15.7 18.8 | J | | 738717. 552. 597. 126. -21. -165. 45. 146. 43. -6. -15. 20.6 -2.8 -23.0 8.2 24.7 6.4 -1.1 -2.5 1 9 79 -Q 1_____ | - 3 2 ..... | - 3 3 ..... | - 3 9 ..... t 850. 942. 948. 996. -62. 92. 6. 48. 23. 73. 86. 84. -6.8 10.8 0.6 5. 1 2.8 8.4 10.0 9.2 | | | | 803. 784. 559. 571. 206. -19. -225. 12. 65. 67. 7. -26. 34.5 -2 .4 - 2 8. 7 2. 1 8.8 9.3 1.3 -4.4 19 80-Q1..... | -3 2 ..... | - 3 3 ..... | -3 9 ..... i 665. 415. 536. 587. -331. -250. 121. 51. -185. -527. -412. -409. -33.2 -37.6 29. 2 9.5 -21.8 -55.9 -43.5 -41.1 | | | | 374. 124. 323. 412. -197. -250. 199. 89. -429. -660. -236. -159. -34.5 -66.8 160.5 27.6 -53.4 -84.2 -42.2 -27.8 V 1 32 TABLE 232.2Q 1 1 1 QUARTER | 1 1 1 1 1 19 60 -Q 1..... | - Q 2 ..... | - Q 3 ----- 1 - Q 4 ..... i 1 1 9 b1 -Q 1..... J - Q 2 ..... | - Q 3 ..... | -Q 4..... | i 1962— Q 1..... | - C 2 ..... | - Q 3 ..... | - Q 4 ..... 1 LIFE IN SURANCE COMP AN IE S FARM MO RT GA GE C O M M I T M E N T S — O U TS TA ND IN G AMO MEM SE AS ON AL LY -A DJ US TE D DATA NEN FARM MO RT GA GE CO MM IT ME NT S O U TS TA ND IN G FARM MORTGAGE COMMIT RENTS | | MILL IO NS OF DOLLARS 1 C H AN GE FROM PREVIOUS END OF | | YEAR QU ARTER | QUARTER (SAAR) 1 i P E RC EN TA GE CH AN GE FROM PREVIOUS QUARTER (SAAR) YEAR MILLIONS OF DOLLARS MADE IN QUARTER (SAAR) _ _ J | | C H AN GE FROM PREVIOUS | | | QUARTER YEAR 1 P E RC EN TA GE CHANG! FROM PREV IO US QU AR TE R YEAR 71. 73. 73. /6. -31. 9. -2. 15. -23. -15. -11. -4. -38.7 12.0 -2.6 21- 1 -24.3 -17.4 -13.5 -5.1 318. 316. 312. 363. -36. -2. -4. 51. -35. -20. -55. 9. -10.3 -0.6 -1.3 16.2 -10.0 -6.0 -15.0 2.4 82. 87. 97. 97. 26. 19. 52. -1. 11. 13. 25. 21. 33. 8 23.4 60. 1 -0.9 15.3 18.1 33.7 27.2 377. 416. 454. 429. 14. 39. 39. -26. 59. 100. 142. 66. 3.8 10.4 9.3 -5.6 18.4 31.5 45.5 18.1 98. 109. 108. 114. 3. 25. 19. 29. 16. 17. 11. 17. 3. 3 26. 0 18.5 21.9 19.3 19.9 11.2 17. 1 427. 432. 501. 492. -1. 5. 69. -9. 50. 17. 47. 63. -0.3 1.2 15.9 -1.8 13.4 4.0 10.3 14.8 1963-Q1..... | ~Q 2..... | - Q 3 ..... | - Q 4 ..... 1 1 1964— Q 1..... | - Q 2 ..... i - Q 3 ..... | - Q 4 ..... 1 132199. 145. 177. 93. 55. 4. 177. 34. 40. 37. 63. 81.5 41.3 2. 9 122.0 34.8 38.8 33.9 55.6 577. 645. 640. 762. 85. 67. -4. 121. 150. 212139. 270. 17.3 11.7 -0 .7 19.0 35.1 49.1 27.7 54.8 183. 195. 217. 216. 24. 53. 102. -0. 5151. 71. 39. 13.5 29. 1 52-3 -0. 1 38.4 35.3 49.2 22.2 707. 786. 949. 763. -55. 79. 163. -186. 130. 142. 309. 1. -7.2 11.2 20.7 -19. 6 22.5 22.0 48.2 0.2 1965-Q1..... | -Q 2 ..... 1 - Q 3 ..... | - Q 4 ..... 1 217. 223. 296. 252. 3. 24. 108. 27. 34. 28. 30. 36. 1.3 11.0 48.6 10. 8 18.8 14.3 13.6 16.6 801. 776. 908. 909. 38. -26. 133. 0. 94. -10. -41. 146. 5.0 - 3 .2 17. 1 0.0 13.3 - 1 .3 -4.3 19.1 19 66-Q1..... | - Q 2 ..... | - Q 3 ..... | -Q 4 ..... 1 1 1967-Q1..... | -Q 2 ..... 1 ~ Q 3 ..... | - Q 4 ..... 1 1 1968-Q1..... | -Q 2 ..... 1 -Q 3 ---- ,| - Q 4 ..... I i 1 9 69 -Q 1..... | - Q 2 ..... | - 0 3 ..... I - Q 4 ..... I 285. 220. 186. 179. 156. -183. -108. -45. 68. -3. -60. -79. 61.9 -64.2 -4 8.9 -24. 1 31. 1 -1.2 -24. 3 -31.2 937638. 466. 383. 28. -299-173-82. 136. -137. -443. -525. 3. 1 -31.9 -27. 1 -1 7 . 6 16.9 -17.7 -48. 8 -57.8 166. 192. 219. 222. -29. 131. 132. 14. -119. -28. 33. 49. -16. 7 78.8 68.6 6.6 -41.7 -12.8 17.5 27.9 469. 640. 779. 779. 85. 171. 139. -0. -468. 2. 313. 395. 22.2 36.6 21.7 -0 .0 -50.0 0.3 67.3 103.0 214. 221. 173. 184. -30. 28. -138. 48. 48. 29. -45-38. -13.3 13.0 -62.2 27. 5 29.2 15.2 -20.7 -17.1 624. 536. 458. 538. -155. -88. -78. 80. 155. -104. -321. -241. -19. 9 -14.1 -14.6 17.4 33.1 -16.3 -41. 2 -3 1. 0 193. 164. 184. 191. 38. -91. 93. 32. -22. -57. 11. 7. 20.4 -47.2 56.5 17.2 -10.0 -25.6 6. 1 3.9 620. 488. 504. 315. 83. -132. 16. -190. -3. -48. 47. -223. 15.4 -2 1 . 3 3.3 -37. 6 -0 .5 -8.9 10.2 -41.4 1970— Q 1..... | - 0 2 ..... 1 -Q 3----- | -Q 4 ..... | 1 1971-Q1..... | -Q2----- 1 - 0 3 ..... | - 0 9 ..... | 170. 164. 196. 139. -73. -21. -55. -32. -23. -0. -36. -52. -38.2 -12.5 -33.8 -21. 4 -12.1 -0.2 -19. 5 -27.2 196. 304. 239. 346. -119. 108. -65107. -424. -184. -265. 31. -3 7 . 7 54.9 -21.3 44.7 -68. 4 -37.7 -52.6 10.0 155175. 197. 295. 75. 93. 108. 276. -14. 10. 49. 106. 53.5 60.2 62. 0 140. 0 -8.5 6.4 33.0 75.8 407. 528. 628. 705. 61. 120. 101. 77. 211. 224. 389. 359. 17.6 29.5 19. 1 12.2 107.6 73.6 162.7 103.7 1972-Ql..... | - 0 2 ..... 1 -Q 3 ..... | - 0 4 ..... 1 289. 315. 329. 392. 230. 11959. 54. 134. 141. 132. 97. 93.8 41.2 18.8 16.4 86.4 80.6 67.1 39.5 722. 767. 754. 853. 17. 46. -13. 99. 315. 240. 126. 148. 2.4 6.3 -1.7 13. 1 77.2 45.5 20.1 21.0 1973-Q1..... | -0 2 ..... | - 0 3 ..... | - Q 4 ..... 1 398. 966. 979. 976. 268. 345. 33. 11. 109. 150. 145. 134. 84. 4 86.5 7.2 2.2 j7. 7 47.7 43-9 39.3 975. 1249. 1181. 1022. 122. 274. -67. -160. 253. 481. 427. 169. 14.3 28. 1 -5.4 -13.5 35.1 62.7 56.6 19.8 1974-Q1..... | - Q 2 ..... | - 0 3 ..... | -Q 4 ..... | 528639. 622. 592. 240. 605. -62. -113. 129. 173. 149. 116. 50.4 114.7 -9.8 -18.2 32.4 37.2 31.4 24.3 1094. 1555. 945. 564. 73. 460. -609. -381. 120. 306. -236. -458. 7. 1 42. 1 -39.2 -40.3 12.3 24.5 -20.0 -44.8 19 75-Q1..... | - 0 2 ..... | - Q 3 ..... J - Q 4 ..... | 473. 399. 930. 470. -350. -239. 139. 187. -54. -240. -193. -122. -59.2 -49.5 34.9 43.5 -10.3 -37.5 -30.9 -20.5 902. 620. 1042. 1255. 338. -282. 422. 213. -192. -934. 97. 691. 60.0 -31.2 67.9 20.4 -17.6 -60. 1 10.3 122.6 1976-Q1..... | - Q 2 ..... | - 0 3 ..... | - 0 4 ..... | 986. 995. 519. 557. 6539. 80. 192. 13. 96. 84. 86. 13.a 7. 9 16. 1 3 7.4 2.7 24.2 19.6 18.3 1199. 1381. 1429. 1892. -56. 182. 48. 464. 297. 761. 387. 637. -4.5 15.2 3.4 32.5 32.9 122.6 37. 1 50.8 1977-Q1..... | -0 2 ..... 1 - 0 3 ..... | - Q 4 ..... 1 1 1978-Q1..... | - 0 2 ..... | -03.... — Q4..... 1 1 19 79 -Q 1..... | - 0 2 ..... | -0 3 ..... | -Q4..... 1 611. 666. 791. 762. 251. 361. 245. 90. 125. 191. 227. 205. 45. 1 59. 1 35.8 12. 1 25.7 38.5 44. 1 36.9 2151. 2611. 2508. 2460. 258. 460. -103. -47. 952. 1230. 1079. 568. 13.6 21.4 -3.9 -1.9 79.4 89.0 75.5 30.0 838. 900. 859. 899. 353. 276. -151. 146. 227. 214. 119. 132. 46. 3 32-9 -16. 8 17.0 37.2 31. 1 16.0 17.3 2684. 2920. 2516. 2314. 224. 235. -403. -202. 534. 309. 8. - 14b. 9. 1 8.8 -1 3. 8 -8.0 24.8 11.8 0.3 -5.9 862. 982. 949. 969. -119. 590. -144. 104. 24. 82. 85. 75. -13.3 68.4 -14.7 11.0 2.9 9.2 9.9 8.4 2959. 3117. 2532. 2182. 645. 156. -585. -350. 275. 198. 16. -132. 27.9 5.3 -18.8 -13.8 10.2 t>.6 0.6 -5.7 674. 939. 539. 569. -792. -558. 555. 156. -188. -548. -411. -400. -7o. b -82. 8 127.9 29.2 -2 1 . a -55.8 -43.5 -41.3 1359. 532. 1442. 1552. -823. -827. 9 1J. 110. -1600. -2585. -1090. -630. -37.7 -60.9 171. 1 7.6 -54. 1 -82.9 -43.0 -28.9 1980-Q1..... | - Q 2 ..... | - 0 3 ..... | — Q 4 ..... | l 33 fABLE 2 3 2 . 3Q LIFE INSU BA NC E COMPANIES MBH FABH MORTGAGE COMMITMENTS FO UR-QUARTER MOVING TOTAL | CHANGE PBON 1 PREVIOUS YEAR I MILLIONS ! | OF |. | DOLLARS | MILLIONS OF PEBCENI 1 i 1 DOLLABS ____ 1 i -14. 19 60 -Q 1. ...«.! 342. -3.9 339. -20. -5.6 • Q 2 « •« * - * 327. - Q 3 -----l -33. -9.2 -23. -6.5 -Q B ----.< 329. I EAR EN DI NG— AS PERCENTAGE OF 1 1. OUTSTANDING 11 1 * ... 1I MORTGAGES 1. COMMITMENTS* || ACgUIBBD 1 MORTGAGES* 1 ........ ...... Ji.......... ....... TAKEDOWNS Of CO MMITMENTS 12. 12. 11. 1 1. 397. 420. 422. 440. 69. 72. 71. 70. 101. 104. 103. 105. 1961-Ql.---- | - Q 2 ..... j “ 0 3 ..... 1 345. 369. 399. 417. 3. 30. 72. 88. 0.9 8.8 22.0 26.7 12. 12. 13. 14. 469. 484. 503. 489. 73. 73. 75. 75. 110. 111. 115. 116. 19 62 -Q 1..... | - Q 2 ..... | - 0 3 ..... | ~Q4..... J 431. 435. 442. 459. 86. 66. 43. 42. 24.9 17.9 10.8 10.1 14. 14. 14. 14. 472. 457. 446. 452. 73. 73. 72. 74. 114. 113. 114. 115. 19 63 -Q 1. . . . • | -02.....i - 0 3 ..... | - Q 4 ..... 1 502. 554. 583. 658. 71. 119. 141. 199. 16.5 27.4 31.9 43.4 15. 16. 17. 19. 472. 4 83. 472. 496. 76. 76. 71. 76. 121. 120. 119. 126. 1964-Q1..... | - 0 2 ..... i - 0 3 ..... 1 -0**..... 1 696. 726. 787. 791. 194. 172. 2 04. 133. 38.6 31.0 35.0 20.2 19. 19. 20. 20. 463. 44b. 453. 415. 73. 72. 79. 76. 118. 116. 120. 115. 19 65 -Q 1..... | - 0 2 ..... i - 0 3 ..... i -*Q4..... J 818. 815. 804. 844. 122. 89. 17. 53. 17.5 12.3 2.2 6.7 20. 19. 18. 19. 406. 389. 372. 378. 74. 72. 72. 73. 114. 113. 113, 1 14. 1966-01..... | - 0 2 ..... 1 - 0 3 ..... 1 -0 9..... i 881. 850. 761. 616. 63. 35. -43. -228. 7.7 4.3 -5.3 -27.0 19. 18. 15. 12. 379. 342. 307. 263. 76. 72. 68. 62. 118. 109. 102. 96. 1967-01..... i •'02. . . . » i -Q 3 ..... 1 - 0 9 ..... 1 1 1968-Q1..... | - 0 2 ..... 1 ~ Q 3 ----.1 - 0 9 . ....I 483. 482. 549. 661. -398. -368. -212. 45. -45.2 -43.3 -27.9 7. J 9. 9. 10. 12. 229. 265. 311. 358. 59. 68. 75. 79. 89. 105. 116. 116. 700. 681. 613. 545. 217. 199. 64. -116. ■4 4 . 9 4 1.3 1 1.7 -17.5 13. 12. 11. 10. 356. 326. 283. 265. 78. 76. 72. 71. 1 16. 114. 103. 103. 1969-Q1.....I - 0 3 ..... | -09.....| 539. 532. 546. 480. -161. -149. -67. -bb, -23.0 -21-9 -10.9 -11.9 9. 9. 9. 8. 278. 281. 308. 267. 78. 80. 87. 89. 109. 105. 117. 115. 19 70 -Q 1..... 1 - 0 2 ..... 1 — 03 » « .• • 1 “Q4 i 368. 321. 262. 271. 171. -211-284. -209. -31.7 -39.7 -52.0 -43.5 6. 6. 5. 5. 204. 183. 149. 162. 87. 99. 89. 86. 107. 118105. 106. 1971'-^1.....| *02..... 1 - 0 3 ..... 1 -09.....| 329. 395. 479. 563. -J9. 74, 217. 292. -10.6 23. 1 82.8 6. 7. 9. 10. 215. 264. 313. 340. 101. 103. 108. 112. 126. 130. 136. 140. 1972-Q1..... j - Q 2 ..... I -03... -CM..... 1 1 *973-01.....! -02..*..| —Q 3 « | -Q9.....! 648. 714. 746. 776. 319. 319* 267. 213. 97.0 80.8 55.7 37.8 12. 13. 13. 14. 340. 319. 287. 264. 1 14. 117. 117. 111. 145. 144. 142. 130. 839. 958. 1059. 1089. 191. 244. 3 13. 3 S3. 29.5 34.2 42.0 40.3 15. 17. 19. 19. 266. 280. 278260. 110. 115. 115. 108. 130. 135. 131. 127. 1 9 .N -Q 1..... i 02 ............. 1 -03.....| - 0 9 . ....| 1135. 1228. 1176. 1068. 296. 270. 117. -21. 35.3 28.2 1 1.0 -1.9 20. 21. 20. 18. 252. 255. 224. 190. 107. 112. 109. 106. 126. 134. 133. 132. 1° ?5 -Q 1..... i -0 2..... \ - 0 3 ..... i “ Q 9 ..... | 1014. 759. 780. 939. -121. -469. -396. -129. -10.7 -38.2 -33.7 -12. 1 16. 12. 12. 14. 171. 131. 151201. 93. 70. 76. 87. 111. 87. 93. 104. 1976-Q1..... | - 0 2 ..... | - Q J ..... 1 - Q 9 ..... | 1018. 1218. 1302. 1466. 4. 459. 522. 527. 0.4 60.5 66.9 56. 1 15. 18. 19. 21. 231. 274. 279. 301. 96. 103. 95. 95. 121. 128. 125. 122. 1 9 77 -Q 1..... | - 0 2 ..... | -03.....1 - Q 9 ............. | 1729. 2039. 2277. 2436. 711. 821. 975. 970. 69.6 67.4 74.9 6 6 .2 24. 28. 30. 31. 339. 377. 388. 379. 100. 97. 99. 99. 123. 123. 124. 124. 1978-Q1..... | 2582. 2625. 2619. 2604. 853. 586. 342. 168. 49.3 28.7 15.0 6 .9 31. 30. 29. 26. 371. 349. 326. 313. 99. 99. 96. 95. 122. 120. 116. 115. 2669. 2736. 2743. 2717. 87. 111. 124. 113. 3.4 4 .2 4.7 4.3 27. 27. 26. 24. 308. 313. 308. 298. 92. 92. 94. 94. 110. 113. 22 88. -381. -1108. -1351. -1484. -14.3 -40.5 -49.3 -54.6 20. 245. 183. 184. 189. 86. 70. 70. 70. 105. 86. 89. 87. ..... - 0 2 ..............| - Q 3 . . . ••| - 0 9 ..............| 1979-Q1...........! - 0 2 ..............| - 0 3 ............. 1 -Q 9 ..... 1 ..... ..... ..... 1 9 8 0 - Q 1 ............. | -Q 2 | -0 3 I -0 9 | 1628. 1392. 1233. 1 0 7 .7 14 . . 11 10. 114. 115. 1 • AVERAGE AMOUMT OUTSTANDING DURING THE PBECEDING FOUR QUARTERS (AVERAGE OF EMD-OF-QUABTEH D A T A ). "TAXBOONMS OF COMMITMENTS" ABE COMPUTED AS NEB COMMITMENTS LESS CANCELLED COMMITMENTS LESS THE CHARGE IM COMMITMENTS OUTSTANDING. 34 AGRI CU LT UR AL FI NA NC E DA TA BO OK— QUAR TE RL Y SBBIES 300 JANUARY 1981 AGRI CU LT UR AL BANKING DAIA 330 SOBVET OF TERMS OF BANK LE NDING TO FARMERS 331 ALL BA N K S .......... .......................................................35 LARGE B A NK S............................................................... 35 OTHE R B A N K S ....................................... .......... .......... ..35 AflOONT, NUMBER, 332. IQ 33 2 . 2Q 3 3 2 . 3Q 340 U.S.) AV ER AG E EFFE CT IV E IN TE RE ST BATES 3 3 1 . IQ 3 3 1 . 2Q 33 1.3Q 332 (NON-BEAL-ESTATE LOANS, AND AVERAGE NAT06ITY OF LOANS BADE AflOONT............... 36 N U MB ER..................................................................... 36 AVERAGE M A T U R I T Y .......................................................... 36 FEDERAL BESEBVE BANK SU RV EY S OF AG RICOLTORAL C R ED IT CO ND IT IO NS 341 CH IC AG O 3 4 1 . IQ FARM N O N - B E A L - E S T A T B LE ND IN G EXPERIENCE DOBING THE PRECEDING Q U AR TE R..................................................................37 FARM NO N - R E A L - E S T A T E LOAM VOLUHE EXPECTED DURING THE CURRENT Q U A R T E R .................................................................. 38 341. 3Q LO AN / D E P O S I T R A T I O S ....................................... 39 341. 4Q TY PICAL INTEREST BATES CH AR GE D ON FABfl LO A N S .............. 39 3 4 1 . 5Q TR EN DS IN FARM BEAL ESTATE VALUES AND LOAN VO LU BE..................... 40 3 4 1 . 2Q 342 MI NN EA PO LI S 342. 1Q CU RR EN T FARM LE ND IN G EX P E R I E N C E ...................... .............. 41 3 4 2 . 2Q EXPECTED FARM LOAN DEMAND AND REPAYMENT C O N D I T I O N S ...... ...... ..42 3 4 2 . 3Q AVERAGE LO AN /D BP OS XT RATIO AND OTHER CO N D I T I O N S THAT REFLECT RELATIVE CREDIT AV AI L A B I L I T Y ........................ ................ 43 34 2 . 4Q INTE RE ST RATES ON FARM LOAN S .......................................... 44 342.5Q PAHS REAL ES TA TE LE NDING E X PE RI EN CE ....................... ...... ...45 342. 6Q FARMERS' EARNINGS AND S P EN DI NG ................................... ....46 343 KANSAS CITY 343. IQ CURRENT FARM N O N- BE AL -E ST AT E LENDING EX PE R I E N C E . . . . .......... ..47 3 4 3 . 2Q AVERAGE L O AN /D EP OS IT RATIO AND OTHER CO N D I T I O N S THAT REFLBCT RE LATIVE CR ED IT AVAILABILITY. .. . .......................... .........47 343.3Q HOST COMMON INTEREST RATES CH ARGED ON FARM L O A N S . . ............. ..48 34 3.4Q FARM REAL ESTATE V A L U E S . . ............ ................... .............. 48 344 DALLAS 344. IQ CU RR EN T FARM NON- RE AL -E ST AT E LENDING EX PE R I E N C E .................49 3 4 4 . 2Q FARM NON-fiEAL-BSTATE LOAN VOLUME EXPECTED DURING THE CU RR EN T Q U A R T E R . ................. ........... .................................. 49 3 4 4 . 3Q AVERAGE LO AN /D EP OS IT RATIO AND OTHER CO N D I T I O N S THAT REFLECT RE LA TI VE CREDIT A V A I L A B I L I T Y ........................................ 50 3 4 4 . 4Q MOST COMMON INTEREST RATES CHARGED ON FARM L O A N S ...................50 3 4 4 . 5Q TRENDS IN FARM REAL ESTATE VALUES AND LOAN V O LU ME ................. 51 345 BICHHONO 345. 1Q CU RR EN T FARM NON-REAL— ESTATE LENDING EX P E R I E N C E ................. 52 34 5 . 2Q FABfl NO N- RE AL -E ST AT E LOAN VOLUHE EXPECTED DURING THE CURRENT Q U A R T E R .................................. ...................... ........ 52 34 5.3Q AVERAGE LO AN /D EP OS IT RATIO AND OTHER CO ND IT IO NS THAT REFLECT BE LA TI VE CREDIT A V A I L A B I L I T Y ........................................53 3 4 5 . 4Q T Y PI CA L IM TE RE ST BATES CH AR GE D ON FARM LO AN S....................... 53 345.5Q TR EN DS IN FABfl REAL ESTATE VALUES AND LOAN VO L U H E ................. 54 DE SCRIPTION OF SU RVEY CO VE RA GE AND P R OC ED UR ES .................................. 55 35 SSRVSY OF TEBHS OF BANK LENDING TO FARMERS (NON-REAL-BST AT B LOAMS BADE DOBIMG FIRST MEEK OF BIDDLE BOMTH OF QOARTBR) TABLE 331Q QUARTBB AVERAGE EFFECTIVE IMTERBST RATES* | 1 | AVERAGE | | EFFECTIVE 1 | IMTBBEST 1 | RATE OH 1 | ALL LOAMS | FEEDER | (PERCENT) 1 LIVESTOCK L _ i 1 1 1 1977-Q1.... • | -Q2--- • | -Q3--- .| -Q4.... .1 1978-Q1___ .| -Q2--- .1 -Q3---- .| -Qtt__ - .j i 1979-Q1___ .| -Q2--- .1 -Q3.... •| -Q4--- .| 1980-Q1--- .J .( -Q3 --- .( .i 1 1 1 1 1 1977-Q1.... • | -Q2--- .| -Q3.... .1 ”Q4---- • | 1 1978-Q1____ .| -Q2--- . | -Q3--- •| -Q4--- .| .1 8.8 8.7 8.7 9.1 9.2 9.3 9.6 10.4 11.0 11.2 11.3 13.6 14.1 17.4 13.5 15.5 8.3 8.1 8.4 9.4 9.3 9.6 10.4 11.7 OTHER LIVESTOCK OTHER CURRENT OPERATING HPEMSB3 FARM MACHINERY AMD BQQIPBEIT TABLE 331.IQ -0.3 -0.3 -0.3 -0.1 0.1 -0.6 -0.1 0.0 -0.0 0. 1 0.3 0. 1 0.3 0.7 0.3 0.1 0.0 0.1 -0.1 -0.1 -0.1 -0.2 -0.2 0.4 -0.0 -0. 1 0.0 -0. 1 0.1 0.1 0.0 -0. 1 0.1 0.0 -0.1 -0.1 0.2 0.5 -0.2 -0.7 -0. 1 0.0 0.1 0.0 -0.7 -0.6 -0.4 -0.5 0.3 0.3 -0.1 -0.0 -0.7 -0.7 0.2 -0.1 0. 1 0. 1 0. 1 -0.0 -1. 1 -0.9 -0.2 -0.3 1 1 1 1 1 1 1 1 1 1 1980-Ql...•.! -Q2.... .1 -Q3---- •| -Q4.... .1 1 1 1 16.0 18.5 12.8 16.3 _ OTHER 1 1 1 1 1 I 0.0 1 0.2 1 0.3 1 1 0,4 9 i 0.2 i -0.1 i 0.2 i 0.9 i i 0.5 i -0.2 i -0.3 i 0.3 i __ L 0.4 0.8 0.3 0.0 -0.1 0.5 0.3 -0.2 0.4 0.3 -0.1 0.1 -0.1 -0.9 -0.3 0.6 -0. 1 -0.2 0.0 -0.2 0.7 -0.2 -0.6 -0.1 -0.1 0.4 0.3 0.2 i i i 0.3 0.1 0.1 0.0 1.0 0.7 -0.1 -0.1 -0.0 -0. 1 -0. 1 -0.4 -0.3 -0.5 -0.7 -1.5 -0.4 -0.1 0.1 0.7 i i i i i i 0.8 1.7 0.0 0.4 -0.5 -1.3 0.0 -1.0 -0. 3 -0. 1 0.3 -0.5 -1.3 -1.8 -0. 1 -0.6 0.0 -0.4 -0.4 0.7 10 TO 24 25 TO 99 0.2 0.3 0.2 0.1 0.2 0.2 0.1 -0.0 -0.2 0. 1 0.1 -0. 1 -0.0 -0.7 -0.2 0.2 -0.5 -0.7 -0.3 0.3 0.1 0.2 0.2 -0.0 -0.0 -0.1 -0.3 -0.4 0.0 -0.1 -0.3 -0.4 0.0 -0.1 -0.1 -0. 3 0.0 0.1 0.5 0.7 0.2 0.3 0.8 1.4 -0.1 -0.1 -0.3 -0. 4 -0.7 -0.6 -0.4 -0.8 -0.6 -0.5 -0.2 -0.4 -0.5 -0.4 -0.3 -0.4 1.1 1.0 0.6 0.9 1.5 1.6 1.6 2.6 -0.6 -0.5 -0.4 -0.5 -0.6 -0.9 -0.0 -0.4 -0.6 -0.4 -0. 1 -0.4 -0.4 -0.2 0.0 -0.1 0.9 0.5 -0.0 0.4 1.8 1.1 -0.7 0.8 -0.4 -0.3 0.2 -0.2 0.4 0.5 0.5 -0.1 0.1 0.4 0.3 -0.0 -0.1 -0.2 -0.1 -0.0 0.3 0.2 0.0 -0. 1 0.2 0.0 -0.1 -0.3 -0.1 -0.1 0.0 0.1 -0. 1 -0.2 -0.1 -0.9 -0.0 -0.2 -0.2 -0.6 0.0 0.0 0.1 0.2 -0.6 -1.0 0. 1 -0.6 -0.1 -0.1 0.2 -0.3 0.1 0.1 -0.1 0.1 0.1 0. 1 0.1 0.1 0. 1 0. 1 -0.1 -0.0 -0.3 -0. 1 -0.1 -0.1 0.3 -0.4 0.3 0.1 -0.0 0.0 -0.0 -0.1 -0.0 0.0 -0.0 -0.1 0.0 -0.0 0.0 -0.0 0. 1 -0.1 0.2 0.3 -0.2 -0.2 -0.1 -0.3 -0.3 -0.2 -0.0 -0.0 -0.2 -0.2 -0.1 -0. 1 0.8 0.6 0.3 0.3 -0.3 -0.6 -0.1 -0.2 -0.3 -0.1 -0.2 -0.3 -0.2 0.0 -0.0 0.6 0.3 0.3 0.2 i 0.7 i 0.9 i 0.8 i 0.2 i i 0.4 i 0.3 i 0.1 i i -0.2 i i -0.2 i -0.5 i -0.2 i -0.8 i i -0.8 i -1.5 0.3 i i -0.6 __ i OTHER BANKS 8.9 8.9 8.9 9.0 -0.2 -0.2 -0. 1 -0.2 0.1 -0.4 -0.2 0.1 -0.2 -0. 1 0. 1 -0.0 0.1 0.6 0.3 0.2 0.1 0.1 -0.3 0.2 9.1 9.2 9.3 10.0 -0.2 -0.2 -0. 1 -0.2 -0. 1 0.1 -0.0 0.6 -0. 0 -0. 1 0.1 -0. 1 0.2 0.2 0.3 0.2 -0.0 0.1 0.1 -0.1 10.4 10.7 10.9 13.1 0.1 -0.0 -0.1 0.0 0.1 0.6 -0.1 -1.0 0. 1 0. 1 0.1 0. 1 -0.3 -0.4 -0. 1 -0.0 0.1 -0.4 0.1 0.2 13.7 17.1 13.7 0.2 0.3 -0.1 1 5 .3 - 0 .1 -0.4 -0.6 0.4 0.1 0.3 0.1 0.1 0.1 -0.8 -0.6 -0.3 -0.2 -0.1 -0.5 -0.1 -0.1 1 | SIZE OF BANK 1 1 i | LARGE** OTHER 1 1 LARGE BANKS** 0.4 0.2 0.4 0.2 TABLE 331.3Q 100 AMD OVER 1 TO 9 0.0 0.1 -0.1 0.1 -1.0 -0.9 -0.2 -0.4 1 AMOUNT OF LOAM (THOUSANDS OF DOLLARS) 1 I 1 1 1 1 ALL BANKS -0.3 -0.3 -0.3 -0.2 9 12.5 12.8 12.9 16.2 1978-Q1.... ! -Q2---- .| -Q3---- .1 -Q4---- •| 1 1979-Q1.... • | -Q2---- •| -Q3.... .1 — Q(|_ _ _- i| 1 1980-Ql.... .1 -Q2.... .1 -Q3.....I -Q4.... • | PURPOSE OF LOAM TABLE 331.2Q 1979-Q1.... -Q2---- .| -Q3--- •| -Q4---- .| 1 1977-Q1____ .| -Q2....• | -Q3.... .1 -Q4---- .| 1 1 1 1 1 1 I 1 1 | 1 1 1 1 1 1 1 1 1 1 J- DIFFERENCE FROB AVERAGE EFFECTIVE INTEREST RATE OM ALL LOANS 1 1 | 1 1 1 | 1 1 1 1 1 1 1 | 1 1 1 1 1 0 .0 _____ L * THE AFPROXIBATB COBPOOIDED AMIOAL INTEREST RATE OM EACH LOAM IS CALCULATED FROB SURVEY DATA OH THE STATED BATE AHD OTHER TEBHS OF THE LOAM. IM COHPUTIMG THE AVERAGE OF THESE ESTIRATED EFFECTIVE BATES, BACH LOAM IS HSIGHTED BY ITS DOLLAB AMOUNT. ** "LABGB BABES" ABB BABES IB SURVEY STRATA 1-3, CORRESPOMDIBG APPROIIHATELY TO BANKS HITH OVER $400 BILLION IM TOTAL ASSETS AS OF SEPTEHBER 1978. FOR ADDITIONAL INFORMATION, SEE MOTES TO STATISTICAL RELEASE B.2. FBDBBAL RESERVE BOARD. 36 (NON- BEAL-E ST AT E LOANS MADE DURING FIRST WEEK OF MIDDLE PURVEY OF TERMS OF BANK L E MD IN G TO FABMEBS AMOUNT, TABLE 332Q | 1 | 1 | ALL LOANS 1 | FEEDER 1 1 1 LI VE ST OC K | | 1 1 1 1 1 1377-Q1... 114. i ~Q2... 156. 1 -Q3... 279. 1 170. -Q4... 1 | 1 1 1978-Q1... 168. 1 -Q2... 235. 1 -Q3... 246. 1 380. -Q4... 1 1 19 79 -Q 1. .. 304. 1 -Q2... 268. 1 -Q3... 218. 1 - Q 4 --499. 1 1 1 1 9 8 0 -Q 1.... 303. 1 -Q2-... 392. 1 203. -Q3- — 1 - Q 4 --337. 1 PURPOSE OF LOAN QUARTER OTHER LIVESTOCK OTHEB CURRENT OP EB AT IN G EXPENSES 332. 1Q MONTH OF QUARTER) N U H B E B , AND AVERAGE MATURITY OF LOANS MADE FARM MACHINERY AND equipment AMOUNT OF LOANS HADE I ! I OTHEB 1 1 ___ 1__ AMOUNT OF LOAN (THOUSANDS OF DOLLARS) 1 TO 9 10 TO 24 SIZE OF BANK 25 TO 99 100 AND OVER LARGB* OTHER (MILLIONS OF DOLLARS) 125. 124. 47. 85. 242. 380. 326. 233. 114. 9 1. 71. 64. 175. 171. 136. 155. 48. 86. 62. 104. 303. 359. 341. 293. 105. 83. 58. 76. 163. 208. 117. 95. 84. 128. 92. 72. 292. 426. 331. 387. 76. 112. 53. 81. 212. 123. 124. 153. 118. 67. 85. 81. 472. 452. 390. 533. 103. 67. 71. 130. 126. 233. 198. 220. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 172. 197. 163. 146. 145. 213. 158. 137. 253. 286. 232. 197. 253. 229. 320. 2 28. 167. 218. 305. 185. 657. 707. 568. 523. 162. 186. 159. 135. 169. 175. 151. 187. 219. 256. 239. 327. 247. 379. 276. 301. 192. 316. 227. 208. 604. 679. 598. 741. 154. 201. 151. 160. 160. 181. 126. 184. 321. 324. 267. 416. 333. 351. 273. 436. 260. 246. 144. 202. 708. 812. 673. 995. 149. 164. 146. 191. 177. 168. 182. 217. 406. 303. 290. 387. 410. 577. 330. 506. 213. 271. 182. 246. 929. 940. 766. 1056. 3. 4. 4. 3. 63. 73. 61. 51. 4. 4. 3. 3. 61. 66. 60. 55. 3. 4. 3. 3. 59. 70. 56. 6 3. 3. 4. 3. 3. 61. 61. 57. 69. 5. 1 6 .1 5 .6 5 .8 12.4 8 .9 7 .9 1 0 .6 6 .7 10. 1 4 .4 5 .2 1 1 .0 8 .6 7 .5 8 .0 I I | 1 9 77-Q 1 .......... - Q 2 . ------Q 3 .......... - Q 4 .......... 1978-Q 1.......... -Q 2 .......... -Q 3 . • . . . - Q 4 .......... 1 9 79-Q 1 .......... -Q 2 ........... -Q 3 .......... - Q 4 .......... 1980-Q 1.......... -Q 2 .......... -Q 3 ..... -Q 4 ..... I I I I I 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 i 1 1 332.2Q 67. 78. 65. 54. 65. 70. 63. 58. 63. 74. 59. 66. 64. 65. 60. 72. I | | J | 1 | ) | J ) | | | | 1 | | | | NUMBER OF LOANS HADE (THOUSANDS) 6. 30. 4 0. 33. 22. 12. 11. 9. 7. 10. 8. 8. 8. 50. 56. 48. 39. 10. 14. 11. 10. 6. 6. 5. 4. 11. 1. 1. 6. 8. 5. 6. 30 . 34. 34. 24. 9. 10. 6. 8. 9. 8. 7. 6. 4 7. 51 . 46. 37. 11. 12. 10. 13. 5. 6. 6. 1* 111. 11. 11. 6. 7 . 43. 53 . 43. 42. 11. 12. 9. 13. 7. 5. 6. 8. 9. 7. 9. 10. 7. 27. 42. 32. 33. 6. 9. 1. 11. 2. 31. 38. 33. 33. 9. 8. 5. 13. 8. 6. 9. 8. 41. 44. 39. 47. 12. 11. 13. 15. 9. 7. 7. 9. 2. 2. 2. 2. 6. 9. 9. 10. 8. 9. 7. 10. 10. 11. 15. 11. 10. 9. 8. 12. 7 . 6. 5. 5. 6. 7 . 8. 7. 7 . 1 3 3 2 . 3Q 1 1 1 1 1 1 0 .9 8 .3 7 .0 9-4 1 | | | | 6 .0 6 .7 6 .0 6 .8 19.2 6 .5 7 .4 5 .7 fa.9 6 .5 5 .3 5 .6 1 6 .6 1 6 .5 8 .5 1 2 .5 1 3 .0 10 .4 1 2 .4 1 8 .4 9. 1 8. 1 6. 9 8 .0 8 .8 7 .9 10. 1 8 .3 1 6 .2 9 .0 7 .2 1 3.6 7 .8 7 .8 5 .6 7 .4 1 0 .0 9 .1 6 .6 7 .4 1 | J | | 6. 1 5 .3 5 .0 6 .8 6 .5 5 -9 6 .6 9 .9 1 8 .3 1 7 .8 2 0 .4 1 6 .2 8 .7 1 5 .9 6. 1 7. 1 7 .8 8 .7 7 .5 7 .5 1 1 .3 7 .6 6 .6 8 .9 11.2 10. 1 8.7 9 .6 9. 1 4 .4 6 .5 6 .8 5 .5 5 .3 5 .8 7 .8 b. 3 1 7 .9 11 .7 1 4 .0 14.1 6 .6 14. 1 6 .7 8 .8 8.4 8. 1 10. 7 8 .5 6 .6 7. 1 9 .2 6 .8 6.6 5 .0 8 .3 6 .0 6.6 7.7 7.b 6 .2 12 .7 12 .6 2 2 .6 9 .8 5 .8 6 .8 7 .0 6 .2 8. 1 6 .4 6. 1 6 .7 i 1978-Q 1.......... -Q 2 .......... -Q 3 .......... - Q 4 .......... 1979-Q 1 .......... -Q 2 .......... *Q 3 .......... -Q 4 ..... 1980-Q 1 ..... -Q 2 ..... -Q 3 ..... - Q 4 ..... | I 1 1 t 1 1 1 1 1 1 1 1 1 1 1 7 .8 7 .5 6 .2 6 .9 | | 7 .2 | | | | 1 ) | 6.6 6. 1 5 .3 6 .2 6.0 6 .7 6 .0 5 .1 7 .2 6.2 6 .5 6.9 1 6.6 7 .8 7 .3 4.9 7 .9 | 1 1 1 1 1 1 AVERAGE MATURITY ( ONTHS) ** 1 1977-Q 1.......... -Q 2 .......... -Q 3 .......... ~Q4.......... 1 1 1 | | I 1 1 1 | I | 1 | 6 .9 7 .3 7 .6 6. 1 7. 1 7. 1 7. 3 8.0 7. 1 6 .9 6 .5 9.4 6. 1 5 -5 5 .2 4 .3 6 .4 7 .0 6 .8 7 .5 8 .5 1 | | | | | | | | i | | | | 5 .3 5 .4 4 .6 5 .6 8 .6 8 .2 6 .5 7. 1 | | | | 5 .6 8 .0 5 .9 6 .2 7 .6 6 .1 8 .2 7 .5 _____ L * "LABGE BANKS" ABB BANKS IN SURVEY S T RA TA 1-3, CORR ES PO ND IN G AP PROXIMATELY TO BANKS WITH OVEB S400 MILLION IN T O TA L ASSETS AS OF SE PT EM BE R 1978. ** AV ER AG B MATURITY OF NOND EN AN D LOANS ONLY, WITH EACH LOAN W E IG HT ED BY ITS DOLLAR AMOUNT. FOB ADDI TI ON AL INFORMATION, SEE NOTES TO ST AT IS TI CA L RELEASE E.2, FEDERAL RESERVE BOARD. 37 LAND VALUE AND CREDIT CONDITIONS SUBVEI, SEVENTH FEDERAL RESERVE DISTRICT — FEDERAL RESERVE BANK OP CHICAGO TABLE 341.1Q FARM N O N- RE AL -E ST AT E LENDING EXPE RI EN CE DURING THE PR ECEDING QUARTER, C O M P AR ED WITH A TEAR EARLIER PERCEN TA GE O P BANKS RE PORTING DATE OP SURVEY 1 | | 1 1 J70-Q1...I -Q2...I -Q 3 ---| 1 1 DEHAND POR LOANS LONER SAHE HIGHER FUND AVAILAB ILIIY LOWER SAHE HIGHER LOAN REPAYMS NX HA IK LONER SAHE HIGHER LLUsRALS On EX TE NS IO NS LOWES SANE HIGHER COLLATE i\ A L REQUIRED LONER SAHE HIGHER 18. 17. 10. 13. 47. 50. 45. 51. 35. 33. 45. 37. 33. 29. 25. 11. 54. 58. 61. 64. 13. 13. 14. 2 3. 8. 10. 13. 13. 68. 70. 75. 79. 24. 20. 11. 8- 18. 18. 10. 9. 62. 65. 71. 74. 20. 17. 20. 17. 1. 1. 1. 0. 74. 76. 78. 81. 25. 23. 21. 19. 19. 12. 8. 9. 48. 42. 40. 48. 33. 46. 52. 44. 10. b. 8. 7. 53. 45. 46. 54. 37. 47. 46. 39. 27. 24. 20. 16. 65. 68. 70. 74. 8. 8. 10. 10. 7. 7. 7. 9. 59. 63. 67. 72. 34. 30. 26. 19. 0. 1. 1. 2. 83. 79. 86. 86. 17. 20. 13. 12. 1 S972-Q1...| - C 2 ---| -Q3...| ~Q4...| 16. 10. 9. 9. 47. 44. 48. 4R. 37. 46. 44. ... 6. 5. 8. 4. 44. 41. 45. 45. 50. 54. 47. 50. 12. 6. 5. 3. 70. 72. 76. 74. 18. 22. 20. 23. 16. 17. 19. 20. 69. 73. 74. 72. 15. 10. 7. 8. 1. 1. 2. 1. 87. 88. 91. 92. 13. 11. 8. 7- H9/J-Q1...| -Q2...| -Q3---| -Q4...I 12. 10. 11. 14. 45. 32. 34. 36. 42. 58. 55. 50. 5. 10. 15. 27. 53. 42. 47. 47. 42. 47. 38. 27. 22. 9. 7. 6. 54. 57. 66. 65. 24. 34. 27. 30. 22. 30. 23. 28. 52. 56. 65. 64. 26. 14. 12. 8. 1. 2. 3. 2. 93. 88. 86. 84. 6. 10. 11. 14. 1974-Q1...| -Q2...I -C3---| 21. 20. 14. 20. 33. 33. 31. 33. 46. 47. 56. 46. 1b. 11. 32. 45. 43. 45. 47. 41. 41. 44. 21. 14. 6. 8. 27. 28. 46. 49. 59. 59. 48. 43. 14. 13. 43. 41. 13. 11. 47. 47. 57. 58- 10. 12. 30. 32. 4. 3. 1. 1. 82. 83. 76. 67. 14. 14. 23. 33. 1975— Q 1.••1 -Q2...I -QJ.— I -Q4...I 1 1976-Q1... | -Q2...| -Q3...I ~Q4...| 1 1)?7-Q1...| -Q2*.• | -Q3. . . | -Q4...I 25. 19. 13. 14. 28. 29. 32. 40. 47. 52. 55. 46. 29. 22. 14. 10. 43. 49. 51. 49. 28. 29. 35. 41. 37. 44. 30. 15. 46. 48. 60. 64. 17. 8. 10. 21- 14. 7. 11. 19. 45. 42. 56. 62. 41. 51. 33. 19. 1. 1. 0. 1. 69. 71. 78. 81. 30. 29. 22. 18. 15. 10. 8. 10. 36. 39. 37. 40. 49. 51. 55. 50. 11. 11. 9. 13. 48. 48. 48. 49. 41. 41. 43. 38. 21. 18. 14. 19. 59. 64. 69. 69. 21. 18. 16. 12. 20. 17. 16. 12. 57. 58. 67. 68. 23. 26. 17. 20. 1. 1. 1. 1. 83. 81. 83. 85. 16. 18. 17. 14. 8. 6. 3. 4. 34. 27. 26. 30. 58. 67. 72. 65. 12. 17. 25. 37. 46. 50. 47. 49. 42. 33. 20. 14. 28. 30. 40. 52. 62. 61. 55. 45. 10. 9. 6. 4. 10. 10. 4. 3. 56. 56. 51. 41. 34. 34. 45. 56. 1. 0. 0. 0. 83. 83. 80. 73. 16. 17. 19. 26. 1978-31... | ~Q2...J Q3-.-I -Q4...I 1 1979-Q1...J -Q2...I -Q3...I -04...| 1 19S0-Q1..-I -02,..| -Q3...I -Q4-..I I 1981-Q1...I 10. 10. 9. 5. 33. 28. 34. 33. 57. 6 2. 57. 62. 31. 38. 41. 48. 51. 45. 45. 40. 18. 17. 14. 12. 50. 46. 29. 28. 42. 45. 61. 61. 9. 9. 10. 12. 5. 7. 9. 9. 40. 42. 57. 60. 56. 52. 34. 31. 0. 0. 0. 0. 77. 71. 76. 75. 23. 29. 24. 25. 16. 11. 11. 13. 3323. 31. 34. 51. 67. 58. 54. 50. 60. 50. 49. 38. 30. 39. 40. 12. 11. 11. 11. 26. 30. 22. 21. 56. 55. 65. 69. 18. 15. 13. 10. 14. 11. 10. 10. 56. 52. 63. 64. 30. 37. 27. 27. 1. 0. 0. 0. 75. 69. 74. 67. 24. 31. 26. 33. 30. 47. 56. 48. 29. 22. 22. 32. 41. 32. 21. 20. 4 5. 23. 12. 43. 36. 47. 45. 12. 7. 30. 43. 33. 58. 44. 25. 55. 33. 43. 55. 12. 9. 12. 20. 10. 6. 9. 16. 53. 33. 45. 55. 38. 61. 45. 28. 0. 1. 0. 0. 67. 42. 62. 71. 33. 57. 38. 29. 63. 24. 13. 10. 38. 53. 22. 42. 36. 49. 25. 0. 75. 24. - Q 3 ---1 5b. 26. 1________ 38 LAND VALUE AMD CBEDIT CO ND IT IO NS SURVEY, SEVENTH FEDERAL RESERVE D I S T R I C T - F E D E R A L RESERVE BANK OF CH ICAGO TA BL E 341.2Q FARM NON-BEAL-* ESTATE LOAN VOLUME EXPECTED DURING TH E CURRENT UU APT E R , CO MP AR ED WITH VOLUME OF LOAN'7 MADE A YEAR EARLIER PERC EN TA GE Of BANKS EE POB1ING DATE OF SURVEY DAIPY FEEDER C A T T L E 1 1 1 .1 | LONER SA NE HIGHER 1 LONER SAME HIGHER 1 LONER SA ME HIGHER TOTAL 1 1970-Q2___J -Q3...| 8. 13. 10. 60. 59. 61. 3229. 29. 9. 6. 7. 7. 55. 52. 5652. Jo. 42. 37. 41. 10. 6. 7. 10. 53. 48. 60. 50. 38. 46. 33. 40. 12. 8. 10. 22. 42. 31. 46. 35. 46. 61. 45. 42. 22. 11. 16. 28. 36. 3 0. 40. 36. 42. 59. 44. 36. 1975-C1...J -Q 2 ---| -Q3---| -Q4.- . | 1 19 76 -Q 1___| ~ Q 2 ---J -Q3...I -Q4...1 23. 14. 14. 21. 29. 30. 43. 43. 48. 55. 43. 35. 13. 8. 9. 10. 43. 39. 4t>. 42. 44. 53. 4548. 1977— Q 1 . . . | - Q 2 ---| -Q3... | 7. 4. 7. 11. 38. 32. 3631. 56. 64. 57. 57. 1978-Q1...| -Q2...I -Q3-.-I 10. 8. 10. 11. 39. 29. 45. 40. 51. 63. 45. 49. 1979-Q1...| -Q2...I -Q3...| 19. 10. 16. 22. 39. 32. 39. 38. 42. 58. 45. 40. 1980-Q1...| ~Q2- - • | -Q3.-.I -Q4... | 1 1981— Q 1. . • | 1_ 26. 54. 42. 35. 33. 18. 36. 41. 41. 28. 2224. 43. 37. 20. 1 1971-Q1...| -Q3...| -Q a — 1 1 1972-Q1...| "Q2... | -Q3...I -Q4-..| 1973-Ql... | - Q 3 ---| 1 1974 -Q 1.. . | -Q2...| -Q3...J -Q4..-1 1 1 1 ) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 S 1 1 1 1 1 1 I 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _1 _ 19. 19. 27. 56. 58. 51. 25. 23. 23. I 1 1 32. 22. 18. 13. 58. 65. 66. 48. 9. 1 J. 17. 39. 13. 16. 18. 19. 60. 59. 50. 43. 27. 24. 32. 38. 1 1 1 1 1 1 1 1 1 15. 23. 38. 28. 55. 43. 38. 40. 3034. 24. 32. 37. 53. 59. 67. 40. 35. 33. 26. 23. 12. 8. 7. 73. 58. 36. 28. 22. 33. 42. 42. 5. 9. 22. 30. 21. 27. 36. 41. 51. 52. 50. 45. 28. 21. 14. 14. 22. 31. 2513. 54. 53. 54. 50. 24. 16. 20. 37. 14. 13. 18. 17. 55. 46. 50. 40. 30. 41. 31. 44. 26. 26. 31. 29. 40. 4 0. 48. 4 0. 34. 34. 21. 30. 35. 70. 42. 32. 47. 26. 49. 51. 18. 4. 9. 16. 51. 45. 4. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 » 1 1 1 1 1 1 1 1 1 1 1 1 1 1 -1 23. *** *** 69. *♦* *** 8. *** *** *** *** *** «** *** *♦* *** *** *** *** *** 13. 14. *•* *** 7672. ♦ ** *** 10. 14. *** *** 14. 15. 24. 23. 73. 66. 60. 61. 13. 19. 16. 16. 22. 24. 27. 37. 60. 59. 62. 51. 17. 17. 11. 11. 44. 33. 25. 27. 4 8. 56. 66. 64. 8. 11. 9. 9. 23. 2226. 23. 66. 65. 61. 65. 11. 13. 13. 11. 20. 21. 17. 18. 67. 62. 71. 69. 13. 18. 12. 12. 16. 15. 15. 17. 73. 67. 73. 68. 11. 18. 12. 15. 21. 17. 18. 21. 68. 65. 70. 67. 12. 18. 12. It. 28. 41. 28. 22. 64. 53. 65. 70. 8. 6. 7. 9. 32. 60. 8. CROP ST ORAGE LONER SAME HIGHER 1 1 1 1 i 1 1 1 i 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 l 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 t 1 1 _1_ *** *** 15. *** *** 54. *** *** 31. 14. *** **♦ 6. 57. *** *** 53. 29. *** *** 41. 13. *** *** 12. 63. *** **♦ 60. 24. *** *** 28. 18. 16. 12. 10. 61. 60. 50. 44. 21. 23. 38. 46. 20. 17. 14. 16. 50. 57. 57. 43. 29. 26. 30. 41. 23. 23. 17. 14. 47. 53. 57. 53. 30. 24. 27. 32. 14. 17. 16. 12. 53. 57. 55. 50. 33. 25. 29. 38. 11. 14. 12. 11. 50. 54. 44. 26. 38. 32. 44. 63. 16. 17. 13. 12. 45. 55. 57. 40. 39. 28. 29. 48. 20. 20. 25. 23. 55. 55. 57. 52- 25. 25. 18. 26. 23. 49. 36. 32. 48. 33. 51. 49. 29. 18. 13. 18. 40. 46. 14. FARM MA CH IN ER Y u p b :<a : INI 1 1 _i LONEB SAME HIGHER 1 i LONER SAME HIGHER 1 1 1 1 1 1 1 1 8. 10. 9. 49. 5257. 44. 38. 34. tt. 5. 9. 8. 47. 34. 48. 59. 60. 44. 33. 1 1 1 1 I 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 10. 7. 10. 18. 48. 42. 55. 56. 42. 51. 35. 26. 11. 7. 9. 21. 36. 27. 39. 41. 52. 66. 52. 39. 16. 7. 6. 12- 28. 1928. 30. 56. 74. 66. 58. 9. 4. 7. 18. 2118. 32. 42. 70. 78. 61. 40. 9. 7. 7. d- 36. 31. 38. 40. 55. 62. 56. 52. 4. 2. 4. 9. 31. 21. 29. 30. 65. 77. 66. 61. 8. 7. 9. 13. 31. 23. 38. 40. 61. 71. 53. 47. 10. 7. 8. 15. 35. 25. 36. 34. 54. 68. 57. 50. 14. 31. 20. 21. 26. 20. 33. 45. 60. 49. 47. 34. 25. 33. 42. 1 1 1 1 < 1 1 1 1 1 1 1 I 1 i 1 1 1 1 1 1 1 1 1 1 l f 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 r i i _L_ 30. 32. 29. 44. 45. 49. 25. 23. 22. 26. 20. 14. 49. 47. 57. 58. 17. 27. 23. 28. 11. 7. 10. 9. 54. 51. 60. 47. 35. 42. 30. 44. 8. 5. 9. 12. 39. 26. 39. 30. 53. 69. 53. 58. 15. 8. 22. 25. 28. 28. 37. 36. 56. 64. 42. 40. 25. 28. 26. 15. 35. 36. 40. 40. 39. 36. 34. 45. 12. 11. 12. 16. 43. 38. 45. 41. 45. 51. 43. 43. 16. 14. 30. 55. 41. 39. 39. 30. 43. 48. 30. 15. 45. 35. 26. 20. 37. 34. 44. 43. 18. 31. 30. 37. 25. 17. 22. 28. 41. 35. 42. 37. 35. 48. 36. 35. 41. 86. 73. 45. 35. 9. 21. 33. 23. 4. 7. 22. 49. 32. 18. 39 LAND VALQE AMD CREDIT CONDITIONS SURVEY, SEVENTH FEDERAL RESERVE DIStBICT— FEDERAL BESSBVE BABE OF CHICAGO TABLE 341.3Q TABLE 3 4 1 . 4Q {PERCENTAGE O F BANKS BEPOBTING 1 I AVEBAGE J THAI LOAN/DEPOSII RATIO IS — DATE OF |LOAN/DEPOSI 11 SURVEY | RATIO | LOWER HIGHER | (PEB CENT) i THAN DESIRABLE THAN DESIRED _____________ L _1 DESIRED 1 1 1970 -Q 1. ..| 55. I 23. 49. 28. 55. I 25. 47. -Q2..-I 28. -Q3. .. | 56. 46. 37. 1 17. *** | *** *** *** I *** *** *** 1 9 71 -Q 1. ..| l *** 54. | 44. 41. -Q2...| 15. 55. I 47. 35. 18. - Q 4 ---J 55. 1 45. 38. 17. 1972-Q1...J -Q2...I -Q4...I 54. 54. 55. 55. 1973-Q1...J -Q2...I ■Q3--.I -Q4..-I 54. 54. 55. 56. 1974-Q1___J -Q2.-.J -Q3... J -Q4.--I 55. 54. 58. 57. 1975-Q1...J -Q3...| -Q4--- 1 57. 56. 56. 57. 1976— Q l . . . | -Q2...I -Q3...J -Q4...I 57. 56. 57. 59. 1977-Q1..-1 — Q2 . .•{ -03...| -Q4..-1 59. 59. 61. 64. 1978-Q1... | — Q2-.. J -03...| -Q4...I 62. 66. 1979— Ql...| -02...| “ 03...| -Q4...( 65. 67. 67. 68. 1980— tfl... 1 -02... | 66. 64. 64. 66. | | | 1 i 1 1 1 1 FEEDER CATTLE LOANS 6.42 6.41 6.39 6.42 19 68 -Q 1.•• | -Q2...I -Q3...| -Q4...I 6.52 6.67 6.85 6.86 OPERATING LOANS BEAL ESTATE LOANS ***** ***** ***** ** * * * ***** ***** *•••• ***** ***** ***** ***** * *** * ***** ***** ***** ***** ***** ***** 17. 14. 19. 14. 1969-Q1...| -Q2... | -03...| -Q4...I 6.85 7.04 7.19 7.47 * ** ** 51. 51. 45. 41. 32. 32. 34. 37. 17. 17. 20. 22. 7.59 7.73 7.78 7.81 ***** ***** ***** ***** 7.81 ***** 8.00 ***** 48. 52. 36. 30. 32. 31. 37. 38. 20. 17. 27. 32. 1970-Q1... | -Q2..-I -Q3... | -Q4...I 1 1971-Q1...| -Q2...| -Q3...I -Q4...I 7.81 7.58 7.57 7.57 ***** ***** ***** ***** 8.03 7.76 7.70 7.74 32. 35. 39. 42. 36. 37. 39. 36. 32. 28. 22. 22. 1972-Q1...| -Q2...I -Q3...| -Q4...| 7.54 7.46 7.44 7.47 ***** ***** ***** ***** 7.69 7.62 7.61 7.64 42. 1973-Q1...| -02...| -Q3...I -04...| t 1974— Ql...| -02...| -03...1 -Q4...I 7.52 7.55 7.69 8.27 ***** 7.67 7.71 7.81 8.35 8.28 8.30 8.60 9.05 ***** ***** 8.50 8.39 8.60 9.06 1975-Q1...| -Q2...I -Q3...I -Q4...I 8.95 8.84 8.76 8.81 ***** ***** ***** 8.90 9.04 8.94 8.89 8.96 1976-Q1...J -Q2...I -03... | -Q4...I 8.80 8.74 8.79 3.76 8.89 8.85 8. 88 8.87 8.97 8.95 8. 95 8.96 1977— Q l . . . | -02...| -Q3...I -04...| 8.71 8.71 8.74 8.79 8.83 8.82 8.84 8.89 8.92 8.91 8.93 8.97 19 7 8 - Q 1 . . . | -Q2-..I -Q3...I -Q4...I 8.85 8.90 9.12 9.40 8.91 9.00 9.21 9.50 9.00 9.07 9. 30 9.61 1979— Q1...| -Q2...I -03...| -04...1 10. 14 10.46 10.82 11.67 10.25 10.54 10.91 11.73 10.20 -Q3...J -Q4...I 13.52 17.12 13.98 14.26 13.57 17. 13 14.01 14.31 13.02 16.17 13.47 13.71 1981— Ql.• . | 17.34 17.39 15.73 | | I | 1 I 1 I i 1 | ) I 1 i t 1 I 1 43. 41. 34. 36. 33. 34. 23. 20. 24. 25. 39. 35. 32. 22. 35. 37. 30. 32- 26. 28. 38. 46. | I 1 27. 23. 22. 41. 44. 1 1 19 . 32. 33. 33. 28. 1 1 1 | I | 17. 15. 14. 15. 33. 27. 31. 33. 16. 36. 1 11- l 38. 40. 39. 37.. -Q9...I | 1981— Q l . . . | 61. I 46. | | 1 1 1967-Q1... | -Q2...I -Q3...I —Q4... | 36. 34. 32. 31. 29. 40. I DATE OF SOBVEY 46. 52. 49. 55. 65. 62. -0 3 ... | TYPICAL IN TE R E ST BATES CHARGED 01 FA8H LOANS (AVERAGE# PER CENT) J_________ 44. 46. 52. 50. 58. 55 . 52. 48. 51. 31. 21. 17. ’ ***** ***** ***** ***** ***** 10.47 10.83 11.41 1 1980— Q 1 . . . | -0 2 ...1 40 1 4 1 0 VA L0 B 410 CB BD IX CO ND IT IO NS SURVEY, SEVENTH FE DE RA L BESEBVE D I S T R I C T — FE DE RA L BESEBTE BANK OF C H IC AG O T A B L E 341.5Q TREN D S IN FABH B E A L ESXAXB V A LUE S AND LOAN VOLUME BASKET VALOB OF GOOD FARMLAND I 1. OATB OF | PBBCBNTAGB CHANGE | PBBCBNTAGB OF BANKS EXPECTING | TBBMD DOBING THE <COBBENI SURVEY | FBOM PBEVIOOS— QUABXEB TO BE 1 YEAB | 1 QUARTER OP BONN__ STABLE 1 1 *** { 1 9 6 0 -Q l...| 20. 69. 11. -3 . *** j -Q 2 ...| 34. 0. 60. 6. *** | “ Q3- . . | 37. 60. -1 . 3. *** ] 57. 38. 5. 1 . -Q *— 1 PERCENTAGE OF BANKS EXPECTING FABH BEAL ESTATE LOAN VOLOHB DUBING THE CURRENT QUARTER, AS CCHPABED WITH VGLOHE HADE A IBAB EABLIER, 10 BE— LOBES SAME HIGHER *♦* **♦ *♦* *** **• *** *** *** *** *•* *** 1 9 6 1 -Q 1 ...J -Q 2 — I -Q 3 - . - | -Q 4 — -1 -1 . 0. 2. 2. -3 . -3 . -2 . 2. | | | 1 42. 25. 15. 9. 55. 69. 75. 74. 4. 6. 10. 17. *** *** *** •** *♦* *** *** ♦** *♦* *•* ♦** *•* 1962-Q1___ | -Q 2 ...| -Q 3 .-.I -Q 4— | 1. *** 0. 000 ♦** 4. *♦* 1. j 1 | 1 *** 6. *** 10. *•* 75. *** 81. *•* 19. *** 10. *♦* *** *** *** *•* *«* *•* *** *** ♦** *♦* *** 1. 0. 2. 1. *** 1. 3. 3. 1 1 1 | 4. 5. 3. 5. 76. 71. 74. 59. 20. 24. 23. 36. *** •** •4* *•« **♦ #** *#* 1964-Q1------J -Q 2 ...I -Q 3 -.-I 1. 1. 1. 2. 3. 4. 3. 4. | | 1 t 2. 1. 2. 1- 61. 58. 61. 54. 37. 41. 37. 45. *** *** *** **♦ 1 9 6 5 -Q 1 ...| -Q 2 ... | -Q 3 ...I -Q 4 .— 1 1. 2. 1. 2. 5. 6. 5. 7- 1 | J 1 1. 1. 0. 1. 45. 39. 42. 24. 54. 60. 58. 75. **« *** 2. «** 1 9 6 6 -Q l... | -Q 2 ... J -Q 3 ...| -Q * -— l 2. 4. 1. 3. 8. 10. 9. 9. | 1 | 1 0. 0. 1. 1- 26. 17. 28. 34. 74. 83. 71. 65. 1967-Ql — .| -Q 2 ... | -0 3 ...1 -Q O -.-l 2. 2. 1. 2. 8. 7. 5. 6. | | | | 1. 1. 12. 42. 44. 51. 45. 57. 56. 48. 53- 1 9 6 8 -Q l...| -0 2 ...i -0 3 ... | - 0 4 - . -1 2. 2. 0. 1. 6. 6. 6. 3. | 1 | | 8. 8. 6. 13. 59. 56. 58. 59. 1 9 6 9 -Q 1 ...| -Q 2 ...I -0 3 ...| -0 4 ...| 2. 1. 2. 0. 5. 3. 4. 4. | | | | 8. 14. 12. 20. 1 9 7 0 -0 1 ...1 -Q 2 ...I -0 3 ... | -Q 4 ...I 0. 1. 0. 0. 4. 1. -1 . 0. | I | | 1 9 7 1 -Q 1 ... | -0 2 ...| -0 3 ... | -Q 4 ...I 1. 1. 21. 1. 2. 3. 4. 1 1 9 7 2 -Q 1 ...I -Q 2 ...I -Q 3 ...I -Q 4 ...I 1. 1. 2. 3. 1 9 7 3 -Q 1 ...1 -Q 2 ...I -Q 3 ...I -Q 4 ...I 1 9 6 3 -Q 1 ... -Q 2 .— -Q 3 .— -Q *— - | I I 1 *0* 000 000 000 000 000 000 ♦** *** *** *•* 73*•* 000 000 000 25. 000 3. *** «*• 4. 67. •*« 30. **• 64. 33. 000 «** *** 8. 13. *•* *** 76. 72. 33. 36. 35. 28. *** 27. 28. 000 000 000 000 63. 62. 11. 10. 68. 62. 66. 66. 24. 24. 22. 14. 12. ••• *•* 44. 81. 50. 7. «• « •** 5. 22. 21. 15. 17- 64. 68. 78. 72. 14. 11. 8. 11. 41. **• 35. 31. 60. 59. 8. **• 5. 10. 1 | 14. 6. 1. 3. 75. 80. 83. 81. 11. 14. 16. 16. 28. 17. 13. 9. 63. 68. 75. 76. 9. 15. 11. 15. 4. «• 3. 6. 1 1 | | 3. 1. 0. 1. 75. 65. 66. 47. 22. 34. 34. 52. 11. 8. 10. 8. 72. 70. 72. 67. 17. 23. 18. 25. 2. 6. 4. 8. 7. 11. 13. 17. | | | | 1. 0. 1. 1. 52. 44. 43. 43. 47. 56. 56. 56. 8. 7. 12. 17. 70. 61. 63. 62. 22. 32. 25. 21. 1974—Q 1 ...| -Q 2 ...I -0 3 ... t -Q 4 ...I 5. 12. 3. 8. 24. 34. 29. 25. | | | | 2. 3. 8. 5. 52. 53. 67. 66. 46. 44. 25. 29. 17. 11. 26. 35. 64. 62. 61. 54. 19. 27. 13. 11. 1975—Q 1 ...| -0 2 ...1 -0 3 ...| —0 4 . . . 1 3. 2. 4. 9. 23. 14. 15. 17. | 1 | | 9. 8. 6. 1. 77. 79. 81. 56. 14. 13. 13. 43. 34. 26. 23. 20. 56. 62. 68. 68. 9. 12. 9. 12. 1 9 7 6 -Q 1 ...| —Q 2 ..•| -0 3 — .1 -Q 4 ...I 7. 7. 6. 8. 22. 27. 30. 29. | | | | 3. 1. 1. 2. 68. 67. 58. 55. 29. 31. 41. 43. 15. 11. 17. 15. 73. 71. 65. 67. 13. 18. 18. 19. 1 9 7 7 -Q 1 ...| -Q 2 ...I -0 3 ...| -0 4 ... | 5. 8. 4. -1 . 28. 30. 30. 18. | | | | 21. 9. 34. 61. 51. 65. 56. 37. 48. 26. 10. 16. 12. 18. 36. 64. 65. 66. 56. 20. 23. 16. 8. 1 9 7 8 -Q 1 ...| -Q 2 ...I -Q 3 ...I -Q 4 ...J 2. 4. 4. 4. 13. 78. 13. | 1 | | 16. 6. 3. 3. 74. 71. 74. 69. 10. 23. 23. 28. 31. 25. 25. 29. 61. 63. 64. 62. 8. 13. 10. 9. 1 9 7 9 -Q 1 ...| -Q 2 ...I -0 3 ...| -0 4 ... | 3. 2. 3. 6. 17. 16. 13. 17- | | | | 2. 3. 2. 3. 70. 62. 65. 56. 28. 35. 33. 41. 35. 31. 29. 37. 58. 59. 62. 57. 7. 10. 9. 6. 1 9 8 0 -Q 1 ...I -0 2 ...| -0 3 ... | -0 4 ...| -2 . -2 . 2. 5. 14. 9. 3. 3. 1 1 1 1 4. 47. 20. 5. 70. 50. 73. 66. 26. 4. 7. 29. 46. 74. 56. 40. 51. 25. 42. 56. 2. 1. 2. 4. 1 9 8 1 -Q 1 ...| 1 4. 7. 1 . L- 4. 62. 33. 43. 54. 3. 1 - ___ _JL ________ 000 000 52. 000 15. 15. _ 41 SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESBBVB DISTRICT— FEDERAL RESERVE BANK OF HIMNBAPOLIS TABLE 342.1Q CURRENT FARM LEN D IN G E X P E R IE N C E PERCENTAGE OF BANKS R EP O R TIN G CUBRENT “ *• * *: ! ~ X * i __ L_ S H O R T-TE R M LONER SANE HIGHER I I IN T E R M E D IA T E -T E R M I LONER SAME 9. 7. 15. 16. 66. 76. 68. 71. 25. 17. 17. 13. J 1 1 1 *** *** *** *** *** *** *** *#* *** *** ♦ ** *** 1965-'Ql... -Q2... -Q3... -Q4... 8. 7. 3. 17. 57. 60. 69. 78. 35. 33. 28. 5. *** ♦** *** *** *♦* *♦* *** *** *** *** **♦ *** 1966-Q1... -Q 2 ___ -Q3... -Q4... 9. 6. *** 10. 70. 78. *** 77. 21. 16. *** 13. *** *** *** *** *** *** *** *** *** *** *** *** 1967-Q1... -Q2. • • -Q3... 8. 3. 3. 14. 77. 80. 65. 77. 15. 17. 32. 9. *** *** **♦ 7. *** *** 87. *** *** **♦ 6. 1968-Q1... -Q2... -Q3... -Q4... 2. 3. 2. 4. 76. 76. 72. 87. 22. 2126. 9. 6. 8. 5. 7. 80. 76. 84. 85. 14. 16. 1 1. 8. 1969-Q1... Q •• -Q 3... ” Q4... 8. 10. 5. 10. 82. 72. 81. 76. 10. 18. 14. 14. 7. 11. 8. 10. 82. 76. 79. 80. 12. 13. 13. 10. 1970-Q1... -Q2... -Q3. . . -Q4... 6. 2. 3. 7. 76. 78. 66. 81. 18. 20. 31. 12. 7. 12. 14. 12. 85. 76. 69. 83. 9. 1 1. 17. 5. 1971-Q1... -Q2... -Q3... -Q4. . • 8. 4. 4. 6. 74. 62. 74. 84. 18. 33. 22. 11. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 i i i i i i i 15. 12. 5. 9. 79. 75. 87. 75. 6. 13. a. 12. 1972-Q1... -Q2. • • -03... — Q4 .•. 6. 2. 2. 11. 79. 85. 84. 81. 15. 13. 13. 7. 5. 2. 5. 5. 85. 85. 85. 85. 10. 13. 10. 10. 197 i— Q l . .• -Q2... -Q 3..• - Q 4 . .. 17. 13. 8. 20. 7264. 72. 67. 12. 23. 20. 13. 7. 5. 5. 11. 85. 77. 81. 71. 9. 18. 14. 17. 1974-Ql... -Q2---Q3... -Q4... 19. 25. 6. 12. 62. 54. 66. 65. 19. 21. 28. 24. 14. 14. 1 1. 16. 77. 74. 77. 72- 9. 12. 12. 12. 1975-Ql... - Q 2 . .• -03... -Q4... 15. 11. 9. 12. 55. 59. 56. 79. 30. 30. 35. 10. 23. 13. 1715. 67. 71. 68. 74. 10. 16. 15. 12- 1976-Q1... -Q2... -Q3... -Q4... 7. 4. 8. 13. 64. 75. 61. 57. 30. 20. 31. 30. 12. 9. 20. 23. 73. 78. 70. 63. 15. 13. 9. 14. 1977— Q l . •• -Q2... — Q3. • • -Q4... 9. 8. 3. 8. 55. 53. 60. 60. 37. 39. 37. 31. 25. 25. 20. 22. 50. 58. 66. 56. 25. 17. 1978 -Q 1... -Q2... -Q3... -Q4... 6. 5. 1. 6. 69. 66. 72. 63. 26. 29. 28. 31. 22. 13. 6. 7. 67. 73. 75. 72. 11. 14. 19. 22. 1979-Q1... -Q2... -Q3... -Q4... 3. 1. 4. 6. 70. 69. 54. 43. 28. 30. 42. 51. 9. 8. 6. 9. 76. 71. 67. 65. 15. 21. 27. 2 b. 1 9 3 0 - Q 1. . . -Q2... -Q3... -Q4... 15. 26. 38. 36. 55. 50. 49. 60. 31. 24. 14. 4. 29. 52. 74. 46. 60. 41. 23. 50. 12. 7. 3. 4. 1981 -Q 1.•• 58. 39. 3. 71. 28. 1. i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i i __I__ *** 1 1 DEMAND FOR DEBT E X TE N S IO N OR R E F IN A N C IN G HIGHER _ 1 _ . LONER 1964-Ql... -02... - Q 3 . •• -Q4. • . i 1 1 1 I I 1 COMPARED N1 1 H USUAL C O N D IT IO N S DENAND FOR N O N -R E A L -E S T A 1 E LOANS 14. 21. 1 1 1 1 1 1 1 1 1 t 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i I 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 t \ » i 1 1 1 1 1 1 1 1 1 1 1 1 _. SAME HIG HER *** *** 5. 9. *** **• 52. 53. *** *♦* 43. 38. 2. 2. 11. 21. 38. 43. 62. 63. 60. 55. 27. 16. 20. 15. *♦* 22. 50. 65. *** 68. 30. 20. **♦ 10. 18. 6. 11. 16. 70. 79. 81. 71. 12. 15. 8. 13. 8. 2. 6. 17. 65. 65. 70. 79. 27. 33. 24. 4. 13. 9. 11. 14. 72. 71. 76. 78. 15. 20. 13. 8. 14. 10. 10. 6. 67. 73. 77. 82. 19. 17. 13. 12. 6. 4. 3. 9. 58. 71. 85. 83. 36. 25. 12. 8. 10. 4. 5. 16. 74. 81. 87. 79. 15. 15. 8. 5. 30. 24. 19. 44. 66. 69. 77. 54. 4. 6. 5. 2. 42. 40. 20. 17. 53. 50. 64. 59. 5. 10. 16. 24. 7. 8. 7. 13. 49. 47. 52. 63. 45. 45. 41. 24. 4. 4. 5. 58. 54. 61. 51. 38. 42. 34. 47. 2. 1. 30. 34. 43. 38. 69. 64. 55. 61. 1. 2. 4. 10. 36. 50. 76. 73. 63. 48. 20. 17. 13. 10. 11. 5. 71. 76. 69. 58. 16. 14. 19. 37. 7. 4. 6. 9. 51. 40. 51. 68. 41. 55. 43. 23. 8. 61. 31. 1. 1. 1. I 1 1 1 1 PROPORTION OP FARR CUSTOMERS LOANED UP TO T H E IR P R A C TIC A L DEBT L I M I T , COMPARED N IT H A YEAR E A R L IE R 1 SLOW 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 l 1 1 1 — 1— 1 1 1 DEBT REPAY BENT USUAL R A PID 28. 23. 34. 27. 62. 76. 66. 71. 10. 1. 0. 2. 5346. 26. 11. 46. 52. 70. 75. 1. 24. 14. 23. 10. ## # 6. 67. 84. #** 80. 10. 6. 11. 16. 10. 6. 74. 83. 89. 87. 15. 1. 1. 7. 26. 26. 0. 6. 73. 74. 8380. 1. 0. 17. 14. 12. 19. 11. 6. 84. 79. 87. 89. 4. 2. 25. 11. 14. 16. 16. 82. 85. 82. 82. 7. 2. 1. 2. 38. 25. 19. 9. 59. 75. 81. 87. 4. 0. 1. 3. 18. 12. 7. 2. 77. 86. 92. 86. 6. 2. 1. 12. 0. 2. 1. 3. 74. 76. 80. 56. 26. 23. 18. 40. 4. 6. 23. 35. 61. 66. 71. 57. 36. 28. 6. 8. 52. 50. 34. 21. 40. 45. 65. 74. 6. 5. 1. 4. 31. 42. 35. 60. 68. 58. 63. 38. 1. 0. 2. 2. 75. 75. 62. 74. 25. 25. 38. 26. 0 61. 55. 28. 28. 39. 45. 67. 67. 1. . 5. 4. 21. 18. 20. 46. 71. 72. 77. 52. 46. 64. 62. 32. 50. 36. 36. 59. 30. 58. 14. . 1. 0. 0. 0 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 i 1 1 1 1 i 1 \ 1 1 i 9. i 10. i 3. i 2. i i 4. i 0. i 3. i 9. i 1 11. l — 1_ LONER SARB H IG H ER — 12. 15. 15. 6. 58. 45. 43. 54. 29. 40. 42. 40. 4. 7. 8. 25. 53. 53. 60. 63. 43. 40. 32. 12. 20. 16. ♦ ** 16. 64. 70. *** 74. 16. 14. *** 10. 18. 9. 6. 10. 76. 83. 81. 80. 6. 8. 13. 10. 7. 10. 2. 14. 68. 61. 66. 72. 25. 29. 32. 14. 15. 6. 2. 7. 73. 75. 82. 82. 12. 19. 16. 11. 10. 8. 3. 5. 75. 75. 71. 75. 16. 18. 26. 20. 3. 3. 3. 6. 69. 69. 75. 81. 29. 28. 2213. 12. 9. 9. 17. 76. 79. 83. 79. 12. 12. 7. 4. 30. 36. 28. 43. 68. 61. 71. 56. 1. 3. 2. 1. 44. 41. 19. 16. 55. 56. 57. 57. 1. 3. 23. 27. 10. 10. 6. 12. 51. 45. 56. 63. 38. 45. 37. 25. 9. 6. 3. 2. 61. 62. 61. 56. 31. 32. 36. 42. 2. 44. 1. 49. 1. 2. 45. 47. 55. 51. 55. 52. 6. 7. 1b. 23. 45. 61. 62. 62. 50. 31. 22. 15. 30. 28. 18. 8. 61. 6Q. 56. 63. 8. 13. 26. 28. 6 . 3. 1. 5. 62. 40. 46. 69. 32. 57. 53. 26. 11. 62. ro I I I DATE OF SURVEY 42 SUBVEY OF CUBBENT AGBICULTURAL CREDIT CONDITIONS* NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342.2Q EXPECTED FARE LOAN DEMAND AND REPAYMENT CONDITIONS PERCENTAGE OF BANKS REPORTING DATE OF SURVEY EXPECTED DEMAND FCP FARM LOANS IN CURRENT QUARTER, COMPARED HITH USUAL CONDITIONS ■ON-BEAL-ESTATE LOANS DEB1 EXTENSION OB REFINANCING SAME HIGHER LONER SAME HIGHER 1964-Q1... - Q 2 ... -Q3... -Q4... 6. 5. 5. 4. 73. 72. 73. 64. 21. 23. 22. 32. *** *** 4. 1. **♦ *** 66. 59. *** *** 30. 40. 1965-Q1... -Q2... -Q3... -Q4... 2. 3. 9. 20. 49. 47. 74. 68. 49. 50. 17. 12. 1. 1. 14. 28. 44. 51. 69. 53. 54. 48. 17. 19. 1966— Q 1. .. -Q2... -Q3... — Q4... 5. 4. ♦** 14. 7278. *•* 72- 23. 18. *•* 14. 14. 11. *** 26. 66. 76. •** 64. 20. 13. *** 10. 1967-Q1... -Q2. •• -Q3... -Q4... 6. 3. 4. 13- 87. 76. 82. 73. 7. 21. 14. 14. 13. 3. 4. 13. 79. 81. 87. 74. 1968-Q1__ -Q2... -Q3... -Q4... 6. 6. 4. 7. 81. 74. 79. 80. 13. 20. 17. 13. 6. 0. 4. 12. 1969-Q1... -Q2... -Q3... -Q4... 6. 4. 8. 10. 82. 75. 75. 79. 12. 21. 17. 11. 1970-Q1... -Q2... -Q3... -Q4... 2. 5. 7. 8. 81. 73. 80. 79. 1971-Q1... -Q2... -Q3... -Q4... 5. 3. 2. 9. 1972-Q1... -Q2... -Q3... -Q4... _LONER | 1 ADVERSE CHANGE EXPECTED IN 1 | FARMERS' ABILITY | TO REPAY DEBTS 1ia IHE NEAR FUTURE 1 1 | 35. 52. 1 | 48. | 47. 1 | 48. | 32. | 23. | 22. 8. 16. 9. 13. | | | | 1 J | 1 | 9. 21. 15. 30. 64. 70. 79. 71. 30. 30. 17. 17. | | | | 30. 35. 27. 28. 11. 5. 7. 11. 75. 75. 82. 79. 14. 20. 11. 10. 14. 20. 21. 15. 17. 23. 14. 13. 7. 6. 7. 8. 76. 78. 78. 71. 17. 15. IS. 20. | | | | i | | | | 76. 69. 88. 76. 19. 28. 11. 14. 3. 3. 3. 13. 71. 75. 86. 75. 26. 22. 10. 13- | | | I 26. 21. 17. 19. 3. 2. 4. 16. 85. 83. 88. 69. 12. 14. 7. 15. 7. 4. 7. 25. 77. 83. 87. 65. 16. 13. 6. 10. 14. 8. 17. 5. 1973-Q1... -Q2... -Q3... -Q4... 22. 5. 5. 33. 70. 76. 81. 51. 8. 19. 14. 15. 27. 16. 15. 48. 69. 77. 80. 44. 4. 8. 5. 8. 1974-Q1... -Q2... -Q3... -Q4... 36. 14. 9. 11. 59. 62. 63. 53. 6. 24. 28. 35. 46. 27. 6. 11. 50. 63. 66. 47. 4. 10. 28. 42. 1975-Q1... -Q2... -Q3... -Q4... 20. 10. 7. 12. 51. 49. 70. 72. 29. 41. 23. 16. 17. 8. 4. 10. 38. 44. 71. 65. 45. 48. 25. 25. 1976-Q1... -Q2... -Q3... -Q4. .. 4. 3. 9. 7. 70. 78. 65. 51. 27. 19. 26. 42. 1. 3. 5. 1. 62. 75. 55. 29. 36. 22. 40. 71- 1977-Q1... -Q2... -Q3. .. “Q4... 10. 7. 8. 3. 46. 46. 61. 56. 44. 46. 31. 41. 1. U 5. 0. 2139. 41. 34. 79. 60. 54. 66. 1978-Q1... -Q2..• -Q3... -Q4... 7. 3. 4. 12. 59. 58. 69. 64. 34. 39. 27. 24. 2. 2. 10. 20. 47. b4. 76. 62. 51. 3 5. 14. 19. | | | | 1 | | 1 | 1 | | | | I | | | | I | | J 1 1 | | t 1 I | | | 1979-Ql... -Q2... -Q3... -Q4... 3. 3. 3. 9. 77. 66. 63. 48. 20. 30. 34. 43. 10. 8. 8. 10. 76. 76. 73. 43. 14. 17. 19. 47. 1980-01... -Q2... -Q3... -Q4... 17. 18. 27. 21. 54. 45. 56. 67. 30. 38. 16. 12. 6. 9. 7. 16. 56. 38. 54. 63. 38. 53. 39. 21. 1981-Q1... 45. 46. 9. 14. 51. i | | | 1 | | | | 1 35. | ________ l.. 10. 7. *** 5. 17. 15. 17. 19. 5. 3. 9. 6. 9. 24. 59. 56. 62. 63. 31. 20. 29. 34. 58. 70. 73. 66. 60. 58. 48. 33. 12. 20. 9. 15. 24. 34. 46. 83. 69. 29. 35. 43 SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— -FEDEBAL RESERVE BANK OF HIIBEAPOLIS TABLE 342.3Q AVERAGE LO A N /D EP O S IT R A TIO , AND PERCENTAGE OF BANKS B EP O B TIM G OTHER C O N D ITIO N S THAT REFLECT R E LA TIV E CBBDIT A V A IL A B ILITY REPUSED OR | (EXPECT PROBLEMS) NUMBER OF FARR LOAN BEQUESTS REFEBBED TO— 1 LOAN/DEPOSIT RATIO IS— | REDUCED A |ACTIVELY! IN MEETING 1 | AVERAGE FARM LOAN (SEEKING | NORMAL FARM CORRESPONDENT BANKS MONBANK AGENCIES DATE OF |LOAN/DEPOS1 T| IREQUEST IN ) §EN | LOAN BEQUESTS SURVEY | RATIO LONER ) COMPARED NITH HIGHER I PREVIOUS ) FARM | IN CURRENT 1 COMPARED NITH THAN | (PER CENT) DESIRABLE THAN |OUARTER DUE| LOAN |QUABTEB DUE TO N O N E ! USUAL NUMBEB NONE) USUAL HUMBER | DESIRED DESIRED! TO SHORTAGE)ACCOUNTS) AVAILABILITY 1 1 1 OF FUNDS I 1LONER SAME HIGHER! __(LONER SAME HIGHER OF FUNDS 1 L 1 *** *** *** | 1964-Q1__ j******* *** *** *** *** **• • ** *** *** 5. 81. 5. *** *** *** | *** 14. *** 12. - ;2 .. .1 ******* 6. 76. 6. 71. 13. 15. 75. *** *** *** | - g j.. - |******* *** 23. *•* 8. 6 8. 8. 68. 9. 8. 10. 82. -Q4.._|******* *** 20. *** 14. 56. 4. 23. 21. | 70. 3. 737. 81. 5. 1965-Q1...|******* -Q2... j******* — Q 3•..)******* -ga__ |******* 18. 20. 18. 16. 59. 65. 60. 62. 22. 15. 22. 22. i | ! | 3. 2. *** *** *** *** 16. 10. 7. 15. 83. 83. 85. 80. 1. 7. 8. 5. •*• •** *** *•* 7. 6. 7. 7. 72. 66. 81. 85. 20. 28. 12. 8. 1966-gl...1 ******* -Q2. . .J******* -Q3__ j******* -Q4...|******* 17. 20. *** 14. 70. 61. *** | 3. 72. 3. 1 10. 7 36. ,****************************** | 13. 56. 13. *** *** *** *** 10. 5. *** 11. 83. 90. *** 82. 7. 5. *** 7. *** *** *•* *** 11. 6. *** 9. 79. 69. 13. 19. *** 17. 84. *** 87. 10. 10. *** 4. 1967-Q1...J******* -Q2. . . J******* -a j__ j******* -Q4------l ******* 1620. 17. 19. 67. 60. 63. 63. 17. 20. 20. 18. | | I *** *** 6. *** **• 1968-Q1___ |******* -Q2.. . |******* -Qj.. . |******* - g u . . . j******* i 52. 1969-Q1__ | -a2...| 56. -gj... i 58. -Q4...J 59. 22. 22. 11. 2 3. 65. 58. 62. 64. 13. 20. 27. 13. 1 33. 26. 1b. 13. 60. 59. I 64. 7. 15. 20. 23. 1970-Q1...| -Q2...I -Q3...I -Q4...J 56. 58. 61. 59. 18. 15. 5. 8. 62. 53. 48. 61. 20. 3347. 31. | 1 1971-Q1. . . | -Q2...| -Q3___ | -Q4...| 58. 59. 61. 60. 13. 16. 11. 17. 62. 60. 65. 67. 24. 24. 2316. | | | | 14. 9. 9. 1972-g1...| -g2...| ~Q3...| -Q4__ | 58. 58. 60. 59. 28. 28. 17. 23. 60. 60. 71. 71. 13. 12. 13. 6. | | | | 4. 5. 1973-Q1...1 -Q2-- | -Q3...| -Q4...J 1 1974-Q1...| -Q2...I -Q3...I -Q4...| 58. 58. 61. 61. 32. 36. 26. 29. 62. 58. 58. 56. 6. 715. 15. | 9. 61. 63. 63. 65- 20. 29. 13. 7. 65. 59. 60. 54. 15. 11. 27. 39. | | | | 6. 1975-Q1...1 -Q2__ | -g3-- J -Q4...| 64. 63. 63. 63. 10. 11. 56. 70. 74. 64. 34. 19. 21. 18. | | 1 | 27. 13. 1976-Q1«..| -Q2...| -gi.•.| -Q4...1 1 1977-Q1-- | -Q2..-I - Q J __ | -Q4...| 63. 63. 65. 66. 17. 17. 12. 19. 67. 67. 62. 16. 16. 26. 26. | | | | 5. 10. 55. 64. 63. 17. 20. 16. 12. 64. 61. 55. 53. 18. 20. 29. 35. 1 | | | 10. 7. 12. 11. 54. 56. 58. 58. 51. 58. 54. 48. 34. 31. 38. 46. | | | | 10. 61. 47. 46. 58. 58. | | | | 27. 32. 40. 42. U 50. 51. 40. 40. 4. 44. 4. 8. 25. 45. 61. 66. 52. 51. 32. | | | 3239. 37. 57. 66. 68. 6. 18. 1978-Q1... | -Q2...| -Q3...I -Q4... | 67. 67. 70. 71. 15. 12. 1979-Q1..•! -Q2...| -Q3...I -Q4...| 70. 71. 73. 79. 3. 3. 1980—g 1-..| -Q2...I -Q3..-I -Q4...| 72. 72. 71. 68. 1981—Q1__ | _1_ 64. 8. 6. 2. (w . 55. | | | | | | J | | | 1 | 6. 4. 7. 3. 72. 67. 71. 76. 5. 4. 11. 14. 26. 5. 61. 64. 62. 73. 6. 8. 7. 1. 5. 5. 17. 6. 95. 65. 55. 66. 4. 4. 8. 18. 15. 18. 23. 32. 22. 6. 2. 2. 2. 5. 5. 4. 18. 35. 11. 8. 7. 9. *** *** 9. 5. 3. 91. 83. 84. 91. 3. 8. 11. 6. *•• *** 9. 3. 5. 10. 86. 86. 88. 5. 11. 3. 2. 10. 2. *** *** *** *** 13. 17. 5. 10. 82. 76. 88. 84. 5. 7. 7. 6. *** *•• *** *** 6. 3. 4. 9. 83. 88. 89. 88. 11. 9. 7. 3. 77. 70. 52. 45. 1. 711. 9. *** 16. 79. 47. 61. 53. 5. 6. 3. 4. *** 4 3. 32. 37. 1 1. 4. 2. 3. 83. 61. 71. 59. 11. 47. 38. 32. 35. 10. 18. 19. 7. 37. 38. 43. 43. 55. 50. 47. 46. 3. 7. 8. 8. 23. 24. 2. 1. 1. 3. 64. 65. 66. 58. 11. 11. 12. 10. 48. 56. 57. 63. 6. 5. 5. 42. 44. 5. 8. 22. 20. 2. 16. 14. 2. 61. 66. 62. 65. 67. 69. 68. 72. 2. 1. 66. 75. 78. 71. 62. 4. 5. 2. 3. 2. 2. 8. 5. 4. 20. 30. 30. 43. 51. 61. 14. 14. 6263. 54. 4. 4. 4. 6. 4. 5. 2. 3. 43. 47. 3. 1. 6. 52. 45. 52. 45. 49. 51. 50. 52. 2. 3. 1. 4. 42. 4243. 41. 47. 42. 45. 2. 3. 2. 5. 51. 2. 4/. 4. 69. 76. 46. 27. 44. 2. 6. 5. 4. 3. 1. 4. 49. 54. 46. *49. 7. 7. 8- 40. 45. 37. 37. 3. 2. 1. 0. 7. 9. 17. 19. 38. 43. 39. 37. 4. 37. 28. 34. 34. 0. 34. 27. 13. 23. 26. 34. 26. 43. 10. 2. 30. 29. 34. 38. 5. 37. 19. 45. 66. 10. | 12. 27. 11. 30. 56. 5. 1 4. 59. ± 4. 3. 4. 3. 1. 49. 56. 64. 48. 3. 2. 6. 19. 24. 31. 32. 35. 1. 2. 2. 51. 24. 27. 28. 26. 30. 27. 3. 53. 60. 58. 57. 13. 12. 14. 50. 44. 48. 52. 27. 33. 28. 25. 50. 48. 58. 63. 31. 2b. 16. 15. 62. 64. 60. 54. 13. 14. 17. 19. 21. 43. 32. 11. 21. 8. 6. 6. 49. 50. 2. 6. 5. 10. 8. 1. 1. 4. 2. 1. 0. 2. 54. 54. 9. 13. 8. 22. 23. 23. 22. 51. 49. 52. j O. 7. 7. 7. 10. 19. 23. 26. 21. 55. 59. 49. 46. 8. 12. 17. 19. 23. 14. 7. 54. 51. 52. 50. 20. 10. 4. 18. 9. 17. 0. 25. 3. 58. 47. 50. 61. 9. 52. 2. 23. 3. 53. 2. 2. 2. 20. 12. 0. 3. 6. 20. 23. 25. 1. 40. 49. 54. 4 4. 3- 22. 3. 5. 45. 39. 28. 32. 44. 9. 58. 58. 61. 54. 5. 4. 9. 7. 5. 10. 61. 62. 58. 43. 46. 48. 47. 6. 6. 6. 5. 8. 3. 2. 5. 5. 2. 42. 38. 42. 38. 54. 49. 1. 1. 35. 36. 34. 37. 46. 40. 6. 28. 30. 7. 7. 7. 6. 44 . 44. 6. 6. 36. 3. 10. 12. 30. 49. 45. 6 4. 4. 3. 20. 6. 2. 40. 47. 47. 43. . 4. 24. 21. 28. 29. 30. 34. 37. 38. 41. 12. 14. 19. 23. 4. 92. 0. 0. 1. 0. 2. 0. 2. 2. 2. 1. 1. 3. 1. 11. 9. 16. SORVET OF CORBEMT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT--FEDERAL RESERVE BANK OF NINNEAPOLIS TABLE 342-4Q INTEREST BATES ON FARM LOANS laosx COHHON INTEREST RATES CHARGED ON FARH LOAlNS | (AVERAGE, PER CENT) 1 1 1 1 LONG-TERM | HON—REAL**BSTATE LOANS 1 REAL ESTATE 1 1 LOANS SHORTINTERHEDIATE1 1 TERN TEBa___ 1 1 1 1 ***** ***** ***** 1964-Q1__ | 1 ***** ***** 1 ***** ***** ***** 1 ***** ***** ***** -Q4...I 1 1 ***** ***** 1965-Ql...J 1 ***** ***** ***** -Q2...| 1 ***** ***** ***** 1 ***** ***** ***** -Q4..-I 1 1 1 ***** ***** ***** 1966-Ql...| 1 ***** ***** ***** -Q2...J 1 ***** -Q3...I 1 ***** ***** -Q4...I 1 1 ***** ***** ***** 1967-Q1...| 1 ***** ***** 1 ***** ***** -C3...| 1 ***** ***** ***** -Q4...| 1 1 1 ***** ***** 1968-Q1...J 1 ***** -Q2..-I 1 ***** ***** ***** -Q3...J 1 ***** ***** -Q4...I 1 1 1969— Q1...| 7.36 7.40 7. 15 I -Q2-- | 7.66 7.44 7.62 1 7.90 8.00 7.83 -Q3...I 1 -Q4...| 8.07 8.00 8.02 1 J 1970-Q1...| 8.09 8. 19 8. 15 1 8.38 8.50 -Q2...I 8.42 1 -Q3...J 8.38 8.49 8.46 1 8.56 8.45 8.42 -Q4...I 1 1 1971-Q1__ | 8.37 8.45 8.35 1 8.19 8.28 8.06 -Q2...I 1 -Q3... | 8.16 8.27 8.00 1 8.06 8.16 8.23 -Q4-— | 1 1 8.09 8.23 1972-Q1...| 7.96 1 8.13 7.87 8.02 -Q2...I 1 8. 13 7.90 -Q3...I 8.03 1 8.15 7.91 8.02 -Q4..-I 1 t 8.06 8.20 1973-Q1•• • | 7.92 1 8.08 8.20 7.95 -Q2..-I 1 8.26 8. 18 8.05 -Q3... | 1 -Q4...| 8.67 8.43 8.55 1 1 1974-Q1...I 8.74 8.56 8.45 1 8.43 -Q2... | 8.65 8.53 1 -Q3...| 9.05 8.70 8.82 1 -Q4...| 9.04 9.33 8.91 1 1 9.00 1975-Q1...| 9.11 9.35 1 9.25 9.03 8.86 -Q2...I 1 8.88 9.00 9.23 -Q3..-I 1 8.99 9.27 8.98 -Q4...I 1 1 1976-Q1...| 9.05 9.27 9.07 1 9.09 9.30 9.08 -Q2...I 1 9.15 9.45 9. 17 -Q3..-I 1 9. 18 9.43 9. 17 -Q4...I 1 1 9.15 9.43 9. 15 1977-Q1...J 1 9.17 9.21 9.45 -Q2...I 1 9.17 -Q3...I 9.53 9.21 1 -Q4...| 9.18 9-52 9.22 1 1 1978-Q1...| 9.22 9.47 9.21 1 9. 50 9.20 9.23 -Q2...I 1 9. 71 9.47 9.38 -Q3..-I 1 9.51 9.81 9.62 -Q4-..I 1 1 1979-Q1...| 10.67 10.24 10.06 1 10.24 -Q2...I 10.39 10.82 1 10.78 11.21 10.55 -Q3..-I 1 11.80 12.27 12. 14 -Q4...1 1 1 12.43 1980-Q1..-I 13.63 13.99 J 14.08 -Q2...I 16.39 16.68 1 15.29 13. 94 15.48 1 13.9o 14.26 13. 16 -Q4...| 1 1 15.04 17.59 17.71 1981-Q1...| 1 . 1. IDATE OF SORVET TRLN'D IN INTEREST RATES (PERCENTAGE OF BANKS REPORTING) SHOBT-T EBH NON- REAL-ESTATE LOANS INI ER MEDIATE- TERN LOANS DOWN WARD LITTLE CHANGE 10. 15. 12. 5. ** * *** *•* *** *** *** *** *** 87. 91. 87. 84. 129. 12. 15. ••• *** *** *** **• *•* *** •** 0. 0. ••• 0. 68. 22. •*• 17. 32. 78. *•*• 83. *** *** **• *•• *** *** *** *•* 0. 2. 5. 1. 26. 58. 77. 75. 74. 40. 18. 24. **• •*• *•* *•• *** •*• *** *•* 0. 0. 0. 1. 39. 43. 16. 54. 61. 57. 84. 45. ••• ••* •*• *•• •** •** **• ••• 1. 0. 0. 0. 55. 12. 8. 26. 44. 88. 92. 74. *•• ••• •*• *** ••• ••• *•• ••• 0. 0. 1. 1. 39. 32. 61. 81. 61. 68. 39. 18. *** ••• *** *** *** *** *•* *** 14. 46. 17. 8. 82. 53. 79. 92. 4. 1. 4. 0. *** •*• *** *•• *** •** •*• *•* 30. 26. 15. 4. 70. 74. 83. 89. 0. 0. 2. 8. ••* *•* *** *** *•* •*• *•• *•• 4. 0. 1. 0. 87. 76. 60. 28. 9. 24. 39. 72. *•* **• •** •*• ••• ••* •** ••• 0. 1. 0. 0. 58. 81. 41. 37. 42. 18. 59. 63. **• *•* •*• ••• ••* ••* *•* *•• 1 1 1 UP | WARD 1 1 **** 1 **** 1 ***• 1 ***• 1 1 **** 1 ***• 1 **** 1 **•* 1 1 **** 1 * ** * | **** 1 **** 1 1 **•* 1 1 *•** 1 *•** 1 I •*** 1 **•* 1 *•*• 1 **** 1 1 **•* 1 **** 1 **** 1 **** 1 1 ***• 1 1 ***• 1 **** 1 i •*** I **** I **** 1 **** 1 1 **** 1 •**• I **** | *••* 1 1 **•• 1 *•** 1 *••* i *•** 1 1 *•** 1 ***• I **•* l •*** 1 2. 15. 17. 2. 64. 71. 71. 82. 34. 15. 11. 16. ••• *•* ••* *** *•* *•• ••* **• *•** **•• *••• •*** 4. 11. 4. 3. 86. 78. 69. 88. 10. 11. 28. 10. *** *** ••* *•* *** ••* *•* *** *•** •••* **** **** 14. 12. 5. 1. 80. 82. 88. 87. 6. 6. 7. 12. *•* •*• ••• *•* *•• •** *•* •** •••* *•** **•* 2. 0. 0. 0. 76. 55. 32. 20. 22. 45. 68. 80. *** ••• •*• *•* *•* •*• *•• **• *•** **•* *•** **•• 0. 0. 0. 0. 3. 16. 122. 97. 84. 88. 98. **• **• *** ••• *** •** *** **• *•*• ***• ••** 78. 100. 4. 30. **• •** *•• ••* *•* • *• •*• **• **•• •*** *•** •••• *7. •** *•• *••* DOWN HARD LITTLE CHANGE 6. 1. 2. 3. 84. 84. 86. 92. 1. 0. 1. 1. 0. 0. 89. 29. 1. 22. 0. 7. •*2. • up ward REAL ESTATE LOANS DOWN WARD LITTLE CHANGE UP WARD 6. 3. 1. 2. 81. 87. 89. 89. 13. 10. 10. 9. o. 3. 3. 1- 88. 86. 85. 94. 12. 11. 12. 5. o. 0. *** 1. 66. 26. *** 9. 34. 74. **• 90. 2. 6. 5. 1- 18. 51. 76. 66. 80. 43. 19. 33. 1* o. o. 0. 19. 24. 13. 47. 80. 76. 87. 53. 0. 0. o. 0. 53. 8. 9. 26. 47. 92. 91. 74. 1. 2. 12. 34. 39. 56. 75. 65. 59. 43. 23. 10. 44. 21. 7. 82. 53. 74. 89. 8. 3. 54. 17. 29. 18. 4. 81. 70. 79. 92. 1. 1. 3. 4. 4. o. 1. o. 91. 83. 70. 28. 5. 18. 30. 72. 11o. 0. 60. 85. 53. 41. 39. 14. 47. 59. 1 11 11. 1 8. I 1. t 1 2. 1 4. 1 3. 1 3. 1 1 13. 1 11. 1 4. 1 11 1 5. 1 o. 1 o. 1 o. 1 1 0. 1 1. 1 o. 1 1. t 1 o. 1 0. 1 43. 1 17. i 1 o. 74. 81. 85. 62. 25. 8. 7. 16. 90. 85. 77. 89. 8. 10. 20. 8. 84. 85. 90. 94. 2. 4. 6. 5. 83. 72. 45. 35. 12. 28. 55. 65. 18. 31. 30. 23. 82. 68. 70. 75. 39. 16. 46. 64. 61. 84. IT. 19. 25. 75. SDBVBI Of CO BBENT AG BI CULTOBAL CBEOIT CONDITIONS, NINTH FBDEBAL BBSEBVB DISTBICT— FEDERAL BBSEBVB BABB OF BIIIEAPQLIS TABLE 342. 5Q FABB BEA L E S TA TE PEBCEM TAGE OF L E N D IN G EX PEB IEM CE BANKS H B P O B TIN G DEBAND FOB FABB B EA L E S T A T E LO A N S , AS C C B P A B ED N I T H U S O A L C O N D IT IO N S SOBVEl CUBBENT (DATE OF SOBVET) LOBEE SABE EXPECTED DOBING THE COBBENT QUABTEB BIGHEB HIGBEB LON El SABE 1964-Q1... -Q2__ -Q3... -Q4- — *** 12. 15. 27. *** 50. 55. 47. *** 38. 30. 26. 11. 7. 7. 12. 68. 74. 69. 64. 1965-Q1. .. -Q2... -Q3— . -Q4... 8. 5. 9. 11. 54. 50. 70. 65. 38. 45. 21. 24. 6. 3. 9. 6. 65. 60. 77. 77. 29. 1966—Q1... -Q2... -Q3... -Q4-- 8. 5. *♦* 17. 66. 64. *«* 62. 26. 31. *** 21. 5. 3. *** 12. 71. 81. •** 73. 24. 16. *** 15. 1967-Q1... -Q2... -Q3... -Q4... 38. 24. 23. 24. 53. 62. 69. 64. 9. 14. 8. 12. 27. 15. 16. 15. 68. 77. 79. 82. 5. 8. 5. 1968-Q1... -Q2... -Q3... -Q4— 18. 10. 23. 27. 68. 65. 65. 63. 14. 25. 12. 10. 17. 10. 23. 21. 71. 75. 72. 71. 12. 15. 58. 1969— Q1... -Q2... — Q3... -Q4... 24. 32. 38. 10. 71. 58. 56. 80. 5. 10. 6. 10. 22. 28. 38. 41. 74. 6758. 53. 4. 5. 4. 6. 1970-Q1... -Q2... -Q3--Q4... 47. 49. 40. 46. 47. 39. 49. 48. 6. 12. 11. 6. 38. 41. 35. 33. 56. 53. 61. 63. 7. 5. 4. 4. 1971-Q1... -Q2... -Q3. .. -Q4... 35. 30. 14. 18. 59. 60. 77. 73. 6. 9. 10. 8. 25. 17. 13. 15. 69. 75. 80. 77. 6. 8. 7. 8. 1972-Q1... -Q2... -Q3.. . -Q4... 12. 8. 12. 81. 78. 76. 80. 6. 14. 12. 10. 11. 4. 9. 10. 85. 88. 86. 84. 4. 8. 5. 6. 1973-Ql... -Q2. .• -Q3.•• -Q4... 10. 4. 7. 13. 80. 77. 74. 10. 19. 14. 13. 8. 6. 7. 15. 86. 83. 87. 74. 11. 7. 11. 1974-Q1... -Q2... -Q3..-Q4... 20. 13. 24. 25. 74. 69. 66. 65. 7. 18. 10. 10. 21. 14. 18. 24. 76. 76. 77. 67. 10. 1975-Ql... “Q2-•. -Q3... -Q4... 26. 27. 23. 17. 58. 55. 64. 73. 16. 18. 14. 10. 25. 20. 17. 15. 59. 63. 74. 74. 16. 189. 11. 1976-Q1... -Q2--Q3... -Q4... 22. 10. 18. 15. 67. 71. 66. 70. 11. 19. 15. 15. 137. 14. 14. 75. 81. 72. 68. 12. 12. 14. 18. 1977-Q1.., -Q2... -Q3. •• -Q4... 16. 14. 19. 15. 65. 55. 56. 62. 19. 31. 25. 23. 13. 14. 17. 13. 60. 56. 60. 66. 26. 30. 23. 21. 1978-Q1... -Q2... -Q3... -Q4... 20. 19. 10. 13. 56. 63. 71. 73. 24. 18. 19. 14. 16. 17. 11. 10. 58. 72. 77. 78. 26. 12. 12. 12. 1979-Q1... -Q2... 19. 15. 15. 20. 69. 82. 76. 72. 12. 3. 9. 7. 18. 13. 11. 19. 74. 78. 83. 72. 8. 8. 6. 9. 1980-Q1.,-Q2... -Q3... -Q4... 41. 50. 66. 55. 55. 36. 29. 39. 3. 14. 5. 6. 32. 39. 53. 34. 58. 41. 35. 58. 10. 19. 12. 8. 1981-Ql... 63. 34. 3. 56. 37. 8. 10. 80. 21. 19. 24. 24. 37. 14. 17. 3. 6. 3. 10. 5. SOBYBI OF COBBBIX AGBICOLTOBAL CBBDIT COIDITIOIS, HIITH FBDEBAL BESBBVE DISTRICT— FEOEBAL BESEBYB BAMK OF HINNBAPOLIS XABLB 342*6Q FABHEBS* EABBIBGS ABO SPEIDIMG, COHPABED WITH PBBTIOUS YEAH PEBCEITAGE OF BAIKS BEPOBIIBG 1 1 | I 1 1 1964-Q1...I -Q2-- | DATE OF SGBVEX EM. SPEEDING BY FABHEBS FOB ALL ITEHS VINGS OF BAIKS* FABfl COSTOHEBS COBBBIX (DATE OF SOBVBT) EXPECTED II C0BBEI1 QOABTEB iOBBfi 8A BE fllGBEB LOB KB SAKE 5466. 76. 66. 16. 16. 23. 2 1. 30. 18. 1. 13. 45. 58. 63. 65. 42. 38. 33. 25. 13. 4. 4. 10. 74. 59. 18. 15. 21. 29. 27. 14. 5. 12. 55. 71. 52. 35. 7. 13. 40. 48. 33. 16. 8. 17. 60. 71. -Q3. .. | -Q4...I 17. 7. *** 7. 16. 16. 10. 2. *** 1. 26. 26. *•* 23. 64. 72. 18. 67. 77. *** 75. 1967-Q1...| -Q2..-I -Q3... | -Q4.— 1 14. 41. 32. 29. 17. 36. 53. 34. 69. 23. 14. 37. 12. 39. 16. 43. 1968-Q1...| -Q2...| “Q3-.-I 55. 46. 28. 29. 29. 41. 53. 39. 16. 13. 19. 32. 1969-Q1...| -Q2...I -Q3...J -Q4... | 16. 17. 12. 13. 45. 44. 30. 34. 1970-Q1...| -Q2..-I -Q3...| -Q4...I 8. 5. 15. 35. 1971— Ql...| -Q2...I -Q3-.-I -Q U m m m | 1972-Q1... 1 -Q2.-.I -Q4..-I 1965-Q1...J -Q3...| -Q4...| 1966-Q1...| -Q4..-1 HISSES _ COBBEIX (DATE OF SUBVET) EXPECTED IN COBBEIT QOABTEB 10 WEB _SAHE_ _HIGHSS LOHEB SAME BIGBBB 27. 42. 37. *** 59. 49. 50. *** 14. 8. *** 3244. 50. ♦** 56. 43. 37. *** 12. 13. 13. 44. 50. 24. 11. 46. 40. 52. 50. 10. 10. 24. 39. 47. 44. 13. 13. 43. 46. 56. 40. 10. 10. 31. 47. *** 13. *•* *** 13. 7. 47. 59. 40. 34. *•* *** 13. 2. 48. 57. 39. 41. 76. 3. 60. 37. 10. 42. 48. 51. 49. 54. 43. 37. 12. 30. 14. 8. 22. 14. 17. 56. 56. 62. 59. 36. 22. 24. 24. 8. 19. 12. 15. 64. 58. 61. 65. 28. 23. 27. 20. 41. 26. 26. 26. 54. 64. 55. 46. 5. 10. 19. 28. 22. 30. 12. 16. 59. 55. 68. 65. 19. 15. 20. 19. 26. 27. 13. 18. 63. 56. 71. 62. 11. 17. 16. 20. 39. 39. 58. 53. 12. 11. 14. 11. 69. 60. 39. 45. 19. 29. 47. 44. 12. 16. 14. 18. 67. 63. 66. 64. 21. 21. 20. 18. 6. 11. 18. 17. 76. 65. 58. 62. 18. 24. 24. 21. 32. 34. 64. 48. 60. 60. 21. 18. 7. 9. 15. 27. 59. 56. 60. 56. 35. 35. 25. 16. 13. 23. 19. 27. 67. 63. 58. 64. 20. 15. 23. 9. 16. 18. 17. 28. 64. 66. 66. 61. 19. 15. 18. 52. 33. 15. 13. 33. 55. 70. 50. 15. 13. 15. 38. 51. 24. 4. 16. 42. 66. 62. 45. 8. 10. 33. 39. 36. 28. 11. 10. 54. 58. 65. 70. 10. 14. 24. 19. 42. 23. 7. 9. 51. 58. 70. 67. 8. 19. 23. 23. 17. 9. 4. 1. 39. 42. 41. 21. 45. 50. 54. 79. 9. 5. 4. 61. 63. 49. 24. 30. 32. 47. 75. 10. 6. 8. 4. 69. 75. 74. 69. 22. 19. 18. 27. 12. 8. 6. 1. 72. 74. 75. 60. 16. 18. 19. 38. 2. 86. 94. 79. 97. 1. 2. 2. 21. 16. 26. 5. 79. 83. 72. 93. 1. 0. 1. 0. 52. 39. 46. 31. 47. 61. 53. 69. 0. 1. 2. 45. 58. 51. 76. 1. 0. •** •** •** 11. 1973-Q1...J -Q2...1 -Q3...I -Q4...I 1. 1. 0. 12. 6. 20. 3. 1. 53. 43. 48. 23. 1974-Q1...| “Q2* ••1 -Q3..-I -Q4..-I 1. 11. 59. 62. 7. 19. 21. 20. 93. 70. 20. 17. 3. 25. 66. 68. 18. 36. 24. 19. 78. 39. 10. 13. 2. 2. 11. 27. 24. 31. 38. 42. 74. 66. 51. 31. 3. 4. 19. 38. 33. 26. 36. 31. 64. 69. 45. 31. 1975-Q1...( -Q2...J -Q3...I -Q4..-I 67. 81. 56. 19. 24. 16. 34. 52. 9. 3. 10. 29. 70. 78. 52. 20. 21. 19. 33. 50. 10. 3. 15. 30. 42. 55. 31. 20. 35. 28. 37. 57. 23. 17. 31. 23. 50. 52. 29. 18. 28. 26. 40. 56. 22. 22. 31. 26. 1976-Q1... | ”Q2. .. | -Q3-..I -Q4...| 47. 41. 51. 80. 34. 48. 37. 13. 19. 11. 12. 7. 43. 31. 55. 79. 38. 60. 31. 15. 19. 10. 14. 7. 25. 25. 41. 51. 60. 59. 43. 37. 15. 16. 15. 12. 29. 24. 48. 63. 58. 59. 39. 29. 13. 17. 12. 8. 1977-Q1...| -Q2...I -Q3...I -Q4...J 86. 78. 67. 56. 20. 27. 26. 11. 3. 1. 5. 18. 78. 61. 54. 48. 17. 35. 24. 28. 6. 4. 22. 24. 73. 68. 45. 46. 20. 27. 41. 40. 7_ 5. 14. 15. 75. 63. 44. 50. 16. 31. 44. 35. 10. 7. 13. 15. 1978-Q1...| -Q2. . . | -Q3...I -Q4— I 46. 36. 5. 6. 28. 28. 25. 26. 26. 36. 70. 68. 41. 21. 4. 8. 36. 38. 22. 25. 23. 40. 75. 67. 51. 36. 2. 7. 39. 48. 56. 55. 10. 16. 42. 38. 55. 31. 2. 7. 32. 48. 53. 50. 13. 21. 45. 42. 1979-Ql... | -Q2...I -Q3...| -Q4...I 3. 3. 6. 17. 14. 19. 26. 40. 83. 78. 69. 43. 3. 6. 19. 1. 29. 31. 34. 40. 71. 66. 60. 42. 6. 9. 5. 12. 50. 46. 43. 47. 45. 45. 52. 41. 5. 5. 5. 15. 52. 47. 41. 40. 43. 48. 54. 45. 1980-Q1...t -Q2...1 -Q3...I -Q4...| 31. 56. 85. 42. 36. 34. 13. 34. 33. 9. 2. 24. 31. 66. 84. 39. 42. 30. 13. 28. 27. 4. 3. 33. 26. 57. 68. 54. 45. 20. 22. 30. 29. 23. 9. 1o. 30. 51. 69. 46. 40. 18. 22. 34. 31. 30. 9. 21. 1981-Q1. 47. 21. 32. 40. 24. 36. 60. 2 9 . 11. b4. 26. 10. . . \ 1 __________________ _____ 47 QUARTERLY SURVEY OF AGRICULTURAL CBEDIT CONDITIONS, IKITH FBDEfi&L RESBBVE DISTRICT— FBDEB1L BESERVB BAIK OF KANSAS CITY TABLE 343. IQ CURRENT FARH MOM-HEAL-ESI AT I LESD IIG EXPERIEN CE, COHPABED B ITS A IEAB PEBCENTAGE OF BANKS BEPOBTING 1 | | 1 DATE OF SURVEY 1 9 7 6 - Q 1 ...| - Q 3 ..- I -Q 4 ...| FUND A V A IL A B IL IT Y DEHAND FOB LOANS LOAN BEPAYHBNT RATE BENEBALS OB EXTENSIONS! COLLATERAL REQUIRED LONEB SAHE HIGHER | LONER SAHE HIGHER 15. 9. 7. 1. 12. 8. 4. 31. 3 8. 3 1. 5 4. | | | I 2. 1. 2. 5. 5 7. 54. 6 4. 42. 6 8. 74. 7 1. 6 4. 3 0. 2 5. 27. 36. 3 0. 29. 32. 2. 5. 4. 5. 1. 3. 2. 3. 33. 3 2. 2 8. 3 2. 66. 66. 69. 6 5. | | 1. 1. | 1. 0. 59. 5 7. 58. 5 9. 4 0. 4 3. 41. 41. 6 4. 68. 6 8. 6 8. 34. 32. 3 0. 31- 7 4. 6 6. 70. 62. 2 5. 33. 2 9. 37. 38. 58. 4 4. 36. 3 7. LOBEfi SAHE HIGHEB LONER SAHE HIGHER LOBBR SAHE 13. 4. 6. 34. 4 0. 3521. 53. 55. 60. 72. 14. 19. 17. 39. 49. 51. 50. 44. 37. 30. 33. 17. 34. 3126. 56. 51. 60. 6 7. 43. 70. 67. 66. 6 2. 3 5. 3 8. 4 1. 37. 43. 49. 45. 49. 22. 13. 14. 15. 68. 6 4. 67. 63. 30. 6. EAHLIBH HIGHER 0. 1 9 7 7 - Q 1 ...| “ Q 2 - ..I —Q 3 ...) -Q 4 ----I 5. 3. 5. 2 6. 29. 2 8. 33. 1978—Q 1 . . . | - Q 2 ...1 -Q 3----J -Q 4 ..-I 1311. 13. 10. 44. 4 6. 4 6. 3 8. 44. 43. 41. 5 2. 19. 17. 2 0. 2 6. 54. 54. 46. 4 8. 27. 2 9. 34. 26. 52. 34. 2 7. 16. 35. 49. 52. 59. 13. 18. 2 1. 24. 10. 8. 15. 18. 3 8. 54. 57. 6 5. 5 2. 37. 28. 18. 1 9 7 9 - Q 1 .. .j -Q 2 -..1 -Q 3 ...1 -Q 4 ...I 17. 13. 11. 10. 4 1. 39. 3 4. 4 5. 41. 48. 5 6. 45. 2 1. 22. 2 7. 32- 4 9. 49. 40. 4 5. 30. 28. 12. 10. 33. 8. 2 3. 16. 53. 63. 70. 68. 34. 27. 2 2. 16. 2 7. 2117. 14. 58. 6 4. 7 1. 68. 15. 15. 12. 18. | 1. 1 9 8 0 - Q 1 ...| -Q 2 ...I - Q 3 ...1 -Q 4 ...I 16. 38. 3 9. 3 5. 4 1. 32. 4 2. 4 7. 43. 29. 19. 19. 2 9. 4 2. 23. 16. 3 2. 40. 2 3. 4 1. 32. 2 7. 6 2. 46. 59. 59. 15. 13. 9. 13. 15. 6. 7. 13. 5 5. 5 1. 57. 5 8. 30. 42. 36. 30. I | 1. 0. | | 1. 11. 4 8. 42. 56. 4 9. 0. 6 1. 42. 56. 6 4. 1 9 8 1 - Q 1 ...| 36. 4 7. 18. 8. 50. 4 2. 32. 56. 12. 10. 57. 33. I 1- 62. 6. 12. | | | 1. 0. | 1 2. | 1 | 1. 1. 1. 1. ____________ L_ QUARTERLY SURVEY OF AGBICULTOBAL CBEDIT CONDITIONS, TENTH FEOEBAL RESERVE D IS IB IC T — FEDEBAL BESEBYE BANK OF KANSAS C IT Y TABLE 3 4 3 .2Q AVEBAGE LOAN/DEPOSIT BAT1 0, AND PEBCENTAGE OF BANKS BEPOBTING OTHEB CONDITIONS THAT BEFLECT R ELA TIV E CBEDIT A V A IL A B IL IT Y REFUSED OB ) NUHBBB OF FABH LOAN I LOAN/DEPOSIT BATIO IS — REDUCED A |A C TIV ELY | AVEBAGE FABH LOAN |SEEKING CORBESPONDENT BANKS DATE OF 1LOAN/DEPOSIT LONER HIGHER REQUBST IN 1 NEB SOBYEY 4 BATIO THAN AT THAN PREVIOUS ) FABH 1 COHPABED NITH 1 (PEB CENT) DESIRED DESIBED DESIBBD QUABTEB DUE| LOAN NONEJ USUAL NUHBBB LEVEL LEVEL LEVEL TO SHOHTAGBIACCOUNTS .Q f.FgNfiS. 1 1 1 5 6. 3 7. | 12. 13. 1 51. 58. 19. 6 2. 19. 1 5 1. • 0 1 --.1 - Q 2 ... I 57. 3 4. | 14. 1 54. 12. 51. | 48. 13. 69. 18. - Q 3 ... J 5 9. | 4 9. 3 9. 1 11. 12. 51. | 4 7. 16. 19. 6 5. 62. J 40. 0 4 ...| 10. 2 0. 3 5. 9. 5 1. 1 69. 21. I 5 2. 1 61. 21. 48. 1 6 4. 23. 37. 7. 29. I 3 1. I 3 9. Q 1---1 I 36. 12. 6 2. 5 2. | 223 0. | 4 0. 10. 27. 6 3. •Q2-— 1 ■ Q3... i 65. ! 28. 12. 5 9. | 2 6. 6 4. 3 1. 8. 2 8. 1 37. 65. 17. 5 2. | 2 6. 26. •Q4— - | 10. 1 31. 58. 32. 1 «1. BEQUESTS BEFEBBED TO— 1 4 NONBANK AGENCIES | COHPABED BITH NONE| USUAL NUHBBB I__________________ JL Q 1 ---I 0 2 ... | ■ Q3-..I Q 4 ... 1 62. 62. 63. 64. | | 1 | 4 0. 3 9. 93. 4 2. 16. 15. 14. 15. 44. 46. 43. 43. I I | | 2 1. 15. 13. 18. 31. 3 9. 35. 3 4. I | 1 | 4 3. 3 6. 3 9. 40. 12. 10. 2 0. 19. 65. 73. 66. 66. 23. 17. 15. 16. -QT----| Q 2 - ..I 0 3 ...| 0 4 ...| 62. 63. 64. 64. ! I I 1 3 8. 42. 4 2. 35. 18. 11. 14. 9. 43. 4 7. 4 4. 56. | | | | 14. 18. 18. 21. 37. 35. 37. 34. | | | | 4 0. 40. 4 0. 4 4. 18. 16. 14. 13. 68. 62. 65. 61. 14. 2 2. 2 1. 26. 01 — -1 ■ Q2...I 0 3 ... | •OH— -1 6 3. 64. 6 3. 60. | I 1 1 3 8. 2 9. 41. 52. 11. 11. 21. 14. 51. 60. 38. 34. 1 | t | 2 2. 32. 18. 8. 32. 17. 27. 44. 1 | | i 4 3. 44. 48. 4 7. 17. 16. 19. 23. 59. 6 2. 70. 65. 25. 22. 11. 13. Q 1 ...I ______ 1__ 59. 1 5 4. _________ 15. 3 2. t _________ L 10. 43. 1 5 1. 18. 7 4. 8. -■ t e Q M 8 3 .S M f i..S I< r W I 1 1 1 1 I 1 1 1 I ! 1 1 1 1 t 1 1 1 1 I I 1 1 1 1 1 I 4 1. 4 5. 4 4. 4 6. 12. 10. 13. 9. 63. 7 0. 6 9. 66. 26. 20. 19. 25. 39. 37. 3 6. 32. 5. 6. 5. 5. 61. 57. 58. 50. 34. 37. 37. 45, 3 6. 3 4. 3 7. 36. 7. 13. 14. 13. 4 4. 4 9. 5 8. 57. 49. 38. 29. 29. 33. 3 1. 31. 3 5. 13. 13. 13. 12. 5 3. 50. 5 6. 5 4. 34. 37. 31. 34. 35. 24. 35. 4 2. 13. 5. 12. 14. 5 7. 5 1. 5 9. 6 2. 30. 44. 29. 24. 37. 17. 5 8. 26. 48 QOABfSBLI SUBVBI Of AGBICDLTOBAL CBEDIT CONDITIONS, TENTH FEDERAL BESEBVE DI ST R I C T — FE DE RA L BESEBVE BANK Of KANSAS C U T TABLE 343.3Q HOST COHHOM INTEREST BATES CHAB6ED ON FABH LOANS (AVERAGE, PER CENT) 1 I | 1 1 1976-Q1. . . 1 -Q 2 ..-I -Q 3 ..• | DATE OF SOBVEI OTHBB OPBBATING LOANS FEEDER CATTLE LOANS LONG-TEEN BEAL ESTATE LOANS IN TEBHEDIATE-TEBH (1 TO 7 IEABS) LOANS 8.93 9 .1 5 9 .2 1 9 .1 6 9 .2 2 9 .1 0 9 .1 7 9 .1 9 9 .2 2 8 .9 5 8 .9 6 8 .9 8 8 .9 8 9 .2 3 9 .3 3 9 .3 4 9 .3 2 9 .2 3 9 .2 5 9 .2 5 9 .2 2 -Q 4 ..- I 1 1 9 7 9 - Q 1 .. .| -Q 2 ...I -Q 3 ---- | -Q 4 ...| 8 .9 0 8 .9 4 9 .0 7 9 .2 7 9 -0 3 9 .0 6 9 .2 2 9 .4 0 9 .3 5 9 .3 8 9 .5 4 9 .8 0 9 .2 3 9 .2 9 9 .4 6 ? . o4 9 .8 8 1 0 .2 0 1 0 .4 5 1 1.52 9 .9 5 1 0 .2 8 11.09 1 1.59 1 0 .2 4 1 0 .6 2 1 0.80 11.81 10.03 10.30 10.51 11.31 1 98 0-Q 1 . . . ] -Q 2 ...I “ Q 3 - ..I - Q 4 .. . | 12.99 1 6.53 1 4 .0 4 1 3.96 1 3 .0 6 1 6 .5 5 1 4 .1 2 1 4 .0 6 13.11 1 6 .8 6 1 4 .1 8 1 4 .2 4 1 2.37 1 5.88 1 3 .0 3 1 3.98 1 9 8 1 - Q 1 .. .I ___________ 1— 1 6 .9 5 1 7 .0 6 16.61 1 5.95 1 9 7 7 - Q 1 ...| -Q 3 ...I -Q 4 ...1 1 9 7 8 - Q 1 .. .I -Q 2 ...| 8 .7 7 8 .8 1 8 .7 8 8 .8 2 8 .9 2 8 .9 1 8 .8 9 8 .8 4 8 .8 4 8 .8 4 8 .8 7 QOABTEBLI SURVEY OF AGBICOLTOBAL CBEDIT CONDITIONS, TENTH FEDEBAL BESEBVE D IS TB IC T — FBDEBAL BESEBVE BANK O f KANSAS C IT T TABLE 3 4 3 .4Q FABH BEAL ESTATE VALDES HABKET VALUE O f GOOD fABHLAND DOLLABS PEB ACRE | | IBBIG ATED BANCHLAID 1 NONIBBIGATBD CBOPLA1D CBOPLAND • 1 1 2 34 . 1 9 7 6 - Q 1 ...j 469 . 8 23. 2 54 . 884. 4 91 . “ Q 2 - ..I 497. 9 14 . 253. -Q 3 ...I -Q 4 ...| 9 91. 259 . 528. DATE OF SOBVEI PERCENTAGE CHANGE FBOH PBEVIOOS QOABTBB NONIBBIGATBD CBOPLAND IBBIG ATED CBOPLAND 4 .6 1 .2 6 .2 7 .4 3 .5 8 .4 **** 8 .4 - 0 .3 2 .5 BANCHLAND PERCENTAGE CHANGE FBOH PBEVIOOS IBAB NONIBBIGATBD _ CBOPLAND IB B IG A T ED __ CBOPLAND **** 00*0 0000 *000 0000 *000 000* 0000 *000 0*00 RANCBLANO *•** *•** 1 9 7 7 -Q 1 .— | -Q 2 ...I -0 3 ... | - Q 4 ...| 519 . 530. 533. 518. 977 . 980. 984. 961 . 2 61 . 2 72 . 271. 2 64 . -1 .7 2 .2 0 .5 -2 .8 -1 .5 0 .4 0 .3 -2 .3 0 .6 4 .2 -0 .4 -2 .6 1 0 .6 8. 1 7 .3 -1 .9 1 8 .7 1 0.9 7 .6 - 3 .0 1 1.5 7 .1 7 .0 1 .7 1 9 7 8 - Q 1 ... -Q 2 . — -0 3 ... -0 4 .— | | 530. 546. 561. 591. 9 80 . 9 70 . 1007. 1066. 2 64 . 2 70 . 2 80 . 295. 2 .3 3 .1 2 .8 5 .3 2 .0 - 1 .0 3 .7 5 .9 0 .0 2 .4 3 .6 5 .4 2. 1 3 .0 5 .4 1 4.2 0 .4 -1 .0 2 .3 1 0 .9 1 .2 -0 .6 3 .4 11.9 1979-Q1— . | -Q 2 ...I - 0 3 ...| - Q 4 ...1 6 15 . 672. 6 95 . 721. 1114. 1181. 1316. 1296. 297. 3 34 . 335 . 348 . 4 .1 9 .2 3 .4 3 .8 4 .5 6 .0 11.5 - 1 .5 0 .8 1 2 .5 0 .2 3 .9 1 6 .2 2 3 .0 2 3 .8 2 1 .9 1 3 .7 2 1 .7 3 0 .8 2 1 .6 1 2 .6 2 3 .7 19.8 18.1 1 9 8 0 - 0 1 ...| - 0 2 ...| -0 3 ... | -Q 4 .. . J 739. 7 38 . 7 22 . 7 78 . 1273. 1263. 1254. 1304. 357. 357. 3S3. 371. 2 .5 -0 .1 - 2 .2 7 .8 - 1 .8 - 0 .9 - 0 .7 4 .0 2 .6 -0 .1 -1 .2 5 .3 2 0 .1 9 .9 3 .9 7 .9 1 4 .3 6 .9 - 4 .7 0 .6 2 0 .2 6 .8 5 .2 6 .6 1 9 8 1 -Q 1 .••1 ___________ L. 8 06 . 1334. 388. 3 .5 2 .3 4 .6 9 .0 4 .8 8 .6 | | 49 QUARTERLY 5UBV2Y OF AGRICULTURAL CREDIT CONDIIIONS, ELEVENTH FEDERAL RESERVE DISTRICT-FEDERAL RESERVE BANK OF DALLAS TABLE 344.IQ CURRENT FARM NO N- BEAL-ESTATE LE ND IN G EXPERIENCE, COMP AR ED WITH USUAL C O ND IT IO NS PEBC EN TA GE OF BANKS BEPOBTING 1 | t 1 1 1975-Q3.. . | -Q4... I DATE OF SOBVBY DEMAND FOB LOANS LONER SAME 2D21- 50. 58. 30. 21. 1976-Q1...| -Q2-..I -Q3, . . | -Q4.-.I 16. 17. 6. 7- 5355. 54. 46. 31. 28. 40. 47. 1977-Q1...| - Q 2 ---1 -Q 3---1 -Q4.--I 14. 7. 5. 3. 51. 53. 43. 42. 35. 40. 52. 55. 1978-Q1___| - C 2 ---! - Q 3 ---| -Q4...I 8. 6. 4. 6. 45. 52. 47. 46. 47. 4248. 48. 6. 11. 12. 14. 43. 46. 54. 52. 49. 43. 34. 34. 1980-Q1...1 -Q2- . . J -Q3.. . | -Q4..-1 23. 46. 38. 23. 52. 39. 46. 55. 25. 14. 16. 22. 19 81 -Q 1___| 1. 39. 45. 16. 19 7 9 - Q 1. . . | -Q 3---| “ Q4...| I HIGHER FUND AVAILABILITY 1 LONER | 1 12. 1 11. I 1 7. 1 7. 1 7. 1 14. J 1 15. 1 12. 1 15. 1 19. 1 1 20. i 17. 1 28. 1 38. 1 1 40. 1 38. 1 37. 1 35. 1 1 20. 1 35. J 16. 1 11. 1 i 14. 1 __1_ LOAN BE PA YH EM T RATE SAME HIGHER LONER SAME 50. 59. 38. 30. 37. 25. 57. 64. 58. 58. 68. 62. 36. 36. 25. 24. 28. 2115. 28. 51. 54. 6363. 34. 34. 22. 18. 65. 65. 57. 48. HIGHER RENENALS OB EXTENSIONS LONER SAME HIGHER 612. 6. 15. 48. 50. 47. 35. 65. 73. 78. 69. 7. 6. 7. 4. 1 1. 7. b. 5. 55. 66. 74. 69. 28. 26. 31. 38. 66. 67. 66. 59. 5. 7. 3. 3. 6. 5. 4. 4. 15. 17. 14. 14. 49. 36. 25. 29. 49. 61. 72. 61. 3. 4. 4. 9. 46. 50SI. 50. 13. 12. 1 1. 15. 28. 19. 18. 14. 61. 69. 66. 66. 63. 53. 58. 57. 17. 13. 26. 33- 16. 28. 27. 39. 57. 29. 45. COLLAT ER AL BEQUIBBD SAME HIGHER 0. 1. 54. 61. 46. 38. 34. 27. 20. 26. 1. 0. 1. 0. 63. 68. 71. 68. 37. 32. 28. 32. 59. 59. 65. 52. 33. 35. 31. 44. 1. 0. 1. 1. 74. 70. 62. 68. 25. 30. 38. 32. 4. 4. 7. 10. 44. 55. 62. 60. 52. 41. 31. 30. 0. 1. 0. 1. 62. 59. 63S<'. 38. 40. 37. 41. 11. 12. 16. 20. 14. 14. 13. 21. 37. 60. 66. 64. 29. 27. 20. 15. 1. 1. 0. 0. 64. 56. 63. 53. 35. 43. 37. 42. 68. 64. 69. 56. 16. 9. 4. 5. 20. 13. 8. 7. 60. 60. 63. 56. 21. 28. 29. 37. 1. 2. 1. 1. 63. 36. 62. 62. 36. 62. 37. 37. 51. 4. 7. 48. 45. 1. 59. 40. LONER QUARTERLY SURVEY OF AGBICUL20BAL CREDIT CONDITIONS, ELEVENTH FEDERAL RESERVE D I S T RI CT— FEDERAL RESERVE BANK OF DALLAS TABLE 344.2Q FARM NON-BEAL— ESTATE LOAN VOLUME EXPECTED DUBING THE CURRENT QUARTER, CO MP A R E D HITH VOLUME OF LOANS HADE A YEAR EARLIER PE BC EN TA GE OF BANKS BEPOBTING 10TAL 1 | | LOBEB SAME HIGHER 1 1 1975-Q3.. . | 26. 41. 33. - Q 4 . . . | 23. 55. 23. DATE OF SURVEY FEEDER CATTLE DAIBY CR OP STORAGE OPER AT IN G LONER SAME HIGHER LONER SAME HIGHER LONER SAME HIGHER LONER SAME HIGHER FARH MA CH IN ER Y LONER SAME HIGHER 54. 38. 30. 42. 16. 20. 34. 31. 59. 64. 6. 5. 15. 16. 55. 62. 30. 22. 13. 15. 36. 49. 52. 36. 29. 15. 42. 50. 30. 36. 1976-Q1... | -Q2.. . | -Q3..-I — Q4-..I 13. 11. 7. 14. 51. 52. 51. 44. 36. 37. 41. 42. 28. 30. 27. 41. 45. 55. 55. 46. 27. 15. 17. 13. 21. 18. 21. 17. 71. 76. 72. 75. 8. 6. 8. 8. 17. 11. 14. 13. 57. 75. 59. 58. 26. 15. 26. 29. 7. 7. 7. 10. 43. 46. 45. 43- 50. 47. 48. 47. 10. 16. 14. 16. 57. 50. 52. 49. 33. 34. 35. 36. 1977-Q1... | -Q2...I - Q 3. • . | -Q4...I 11. 7. 11. 50. 47. 50. 46. 39. 46. 44. 43. 27. 24. 23. 18. 57. 62. 59. 59. 15. 14. 18. 23. 14. 1215. 18. 8182. 73. 75. 5. 7. 13. 7. 9. 12. 11. 15. 61. 67. 56. 54. 30. 22. 33. 31. 85. 3. 11. 44. 38. 40. 42- 48. 57. 56. 47. 15. 14. 15. 30. 50. 48. 47. 43. 35. 38. 38. 27. 1978-Q1...I -Q2.. • I -C3...J —Q 4 . - . 1 9. 11. 6. 14. 44. 47. 50. 43. 47. 42. 44. 43. 13. 18. 11. 16. 60. 46. 56. 45. 27. 36. 32. 39. 15. 14. 15. 18. 77. 72. 72. 73. 814. 14. 9. 10. 11. 13. 12- 57. 61. 57. 60. 33. 28. 30. 28. 6. 5. 11. 44. 36. 44. 46. 49. 54. 51. 43. 31. 28. 23. 20. 45. 48. 47. 51. 24. 24. 30. 29. 1979-Q1...J -Q2...1 -Q3. . . J —Q4___| 15. 18. 23. 20. 45. 48. 52. 53. 40. 34. 25. 27. 18. 22. 29. 19. 47. 51. 55. 60. 35. 27. 16. 21. 12. 19. 17. 16. 78. 73. 71. 72. 10. 8. 12. 12. 11. 21. 13. 61. 77. 70. 66. 21. 13. 9. 21. 10. 14. 19. 11. 40. 41. 44. 51. 50. 45. 36. 39. 22. 18. 14. 19. 51. 48. 54. 45. 27. 33. 33. 36. 1980-Q1___l -Q2...I -Q3.. . | -Q4..-I 24. 53. 29. 19. 50. 36. 51. 56. 26. 11. 20. 25. 33. 67. 35. 31. 51. 33. 56. 58. 1b. 1. 9. 11. 21. 46. 24. 19. 68. 47. 67. 67. 11. 7. 10. 14. 22. 41. 22. 21. 65. 52. 67. 63. 13. 7. 11. 15. 21. 34. 13. 11. 39. 40. 5247. 40. 26. 34. 42. 22. 52. 34. 27. 44. 35. 53. 56. 34. 13. 14. 18. 1 9 8 1 -Q 1 ... i _____________L 31. 48. 21. 43. 49. 8. 28. 63. 10. 27. 59- 14. 21. 45. 34. 41. 42. 17. 6. Id. L _ _ 10. l | J____ 50 QUARTERLY SOBYEX Of AGRICULTURAL CBEDIT CONDITIONS, ELEVENTH FEDEBAL BESEBVE DISTRICT— FEDERAL RESERVE BANK OF DALLAS TABLE 344.3Q AVEBAGE L0AM/D EP 0S 1T RATIO, AND PERC EN TA GE OF BANKS RE PORTING OTHER C O ND IT IO NS THAT REFLECT RE LA TI VE CR ED IT AV AILABILITY NUMBER OF FARM LOAN REQUESTS RE FERRED TO— REFUSED OR I REDUCED A !ACTIVELY FARH LOAN |SEEKING REQUEST IN | NEM PREVIOUS J FARH HIGHER QUARTER DUE| LOAN THAN DESIRED TO SH OR TA GE)ACCOUNTS LO AN /D EP OS IT RATIO IS— AVEBAGE LO AN /D EP OS IT BATIO (PER CENT) DATE OF SURVEY 1 1975 -Q 3.. . | -Q4...J 1 19 7 6 - Q 1. ..J -Q3.— I 1977-Q 1.... | -Q2...I 1 | | 1 1 1 | | 5855. 54. 55. 58. 60. -Q4..-I 57. 58. 62. 63. 1978-Q1...| -Q2..-I -Q3...J -Q4..-I 60. 59. 62. 63. 1979-Q1...| -Q2...I 6 0. LONER THAN DESIRED 1 | | 1 I | I I I 1 | | 1 1 I I I 55. 55. 20. 16. 37. 37. 26. 24. 46. 48. 56. 50. 17. 15. 19. 26. 25. 31. 22. 21. 59. 53. 53. 52- 16. 17. 26. 28. 21. 2 5. 21. 15. 56. 51. 47. 54. 23. 24. 3131. 22. 20. 19. 15. 52. 55. 55. 61. 26. 25. 26. 24. 63. 63. 57. 55. 14. 19. 13. 15. 54. 1 | _______ L -Q4..-I 1980-Q1...| -Q2...| -Q3...1 -Q4...J 59. 58. 60. 59. | | 23. 17. 30. 30. 1981-Q1...J 57. I I 31. ______1__ I J 1 2 5. 29. 60. 62. 63. _ ABOUT RIGHT -J_______ 15. | | | | I | | | | 1 | I | | I | | | 1 | | | I 11. 12. 40. 44. 8. 7. 7. 13. 49. 51. 50. 45. 10. 10. 15. 9. 50. 49. 44. 39. 9. 15. 14. 22. 36. 36. 3232. 23. 2224. 18. 28. 3033. 35. 14. 21. 18. 9. 37. 20. 36. 41. LONEB J 1 1 1 1 1 J 1 1 1 ) 1 1 1 SAME HIGHER 27. 28. 61. 60. 13. 12. 22. 20. 16. 19. 66. 69. 72. 63. 13. 11. 11. 18. 16. 18. 17. 12. 70. 72. 66. 68. 14. 17. 20. 10. 1 10. 1 1 1 1 1 1 1 1 10. 7. 8. 74. 73. 73. 68. 15. 17. 20. 24. 15. 9. 14. 13. 69. 75. 69. 71. 17. 16. 17. 16. 1 18. 8. 14. 14. 74. 69. 78. 78. 14. 76. 1 J 1 1 1 39. 1 _1_. 7. NGN5ANK AGENCIES, COMP AR ED NITH USUAL NUMBER C O BR ES PO ND EN T BANKS, CO MP AR ED H U H USUAL MUHBER 20. 12. 8. 8. 10. 'LONER ! 1 SAME HIGHER 17. 14. 59. 65. 22. 20. ) 1 1 1 19. 16. 13. 17. 63. 71. 80. 74. 18. 13. 7. 9. 1 1 1 1 1 1 1 I 1 1 1 1 12. 13. 14. 7. 73. 65. 65. 64. 15. 22. 2 1. 29. 8. 6. 8. 5. 61. 64. 63. 60. 31. 28. 29. 35. 6. 7. 7. 13. 55. 63. 6 7. 67. 38. 30. 26. 20. 14. 9. 9. 11. 63. 58. 68. 68. 23. 33. 23. 8. 65. 27. 1 1 1 1 1 1 i 1 J 1 1 1 1 21. _1_ QU AR TE RL Y SURVEY OF AGfilCULTURAL CBEDIT CONDITIONS, EL EV EN TH FEDERAL BESEBVE DI ST RI CT— FEDEBAL BESEBVE BANK OF DALLAS TABLE 344.4Q HOST COMMON IN TE RE ST RATES C H AR GE D OH FARM LOANS (AVEBAGE, PER CENT) 1 | | 1 1 19 75 -Q 3. ..1 -Q4...J DATE OF SURVEY FE ED ER CA TT LE LOANS OTHER OPEB AT IN G LOANS I N TE RM ED IA TE -T ER M (1 TO 7 YEARS) LOANS LONG— IEBM BEAL BSTATE LOANS 9-47 9.60 9.39 9.41 9.36 9.44 9.26 9.32 1976-Q1...I -Q2...I — Q3 . •- | -Q4...I 9.46 9.34 9.33 9.33 9.42 9.33 9.29 9.31 9.42 9.40 9.40 9.41 9.36 9.35 9.36 9.35 1977-Q1... | -Q2. • . | -Q3...I -Q4 . . . | 9.27 9.30 9.28 9.30 9.28 9.25 9.24 9.26 9.37 9-37 9.40 9.43 9.31 9.32 9.33 9.39 1978-Q1.. • I -Q2...I -03...| -04...| 9.39 9.43 9.53 9.75 9-37 9.42 9. 50 9.74 9.46 9.52 9.58 9.79 9.44 9.48 9.56 9.77 1979-Q1...| -02...| -03...| -Q4..-I 10.10 10.25 10.35 11.42 10.07 10.25 10.34 11.33 10.08 10.24 10.35 11.31 9.99 10.12 10. 19 10.91 1980-Q1...| -Q2...I - Q 3 ---| — Q4...| 13.12 16. 18 13.24 13.33 13.02 15.79 13.21 13.30 12.92 15.76 13.17 13.35 11.92 15. 14 12.83 12.96 1981-Q1... | 18.59 18.38 17.87 17.09 51 QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, ELEVENTH FBDEBAL HESEBVE DISTRICT— FEDEBAL BESEBVE BARE OF DALLAS TABLE 344-5Q TRENDS IN FABH BEAL ESTATE V ALOES AND LOAN VOLOHE MARKET VALUE OF GOOD FARBLAND DATE OF SURVEY | DOLLARS PER ACRE IRRI RANCHGATED LAND PERCENTAGE OF BANKS EXPECTING FABB REAL ESTATE LOAN VOLUME PERCENTAGE OF BANKS EXPECTING TBEND DURING THE CURRENT QUARTER TO BE— DOWN DR Y LAND IRRI RANCHDRYGATED LAND 1 LAND 19 75 -Q 3... | ***** ***** ***** — Q 4 . • | * * * * * ***** ***** **** **** **** ** ** **** **** | **** | **** **** **** **** **** 4. 3. 87. 78. 1976-Q 1. .. j -Q2... ,j -Q3... | -Q4... 1 **** **** **** -2.5 **** **** **** 2.8 **** **** **** 3.6 | | | | **** **** **** **** **** **** **** **** **** **** **** **** 3. 3. 1. 3. | DBY1 LAND ***** ***** 397. 387. IRRI RANCHGATED LAND PE RC EN TA GE CHANGE 1 PE RC EN TA GE CHANGE j FBOB PREVIOUS FROM PREVIOUS QUARTER | YEAR ***** ***** ***** ***** 274. 652. 670. 284. STABLE UP DURING THE C U RR EN T QUARTER, AS CO MPARED H U B VOLOHE HADE A YEAR EARLIER, TO BE— LONER SABE HIGHER 9. 19. 31. 22. 57. 67. 12. 11. 81. 80. 76. 76. 16. 17. 23. 21. 16. 16. 18. 16. 72. 72. 68. 67. 12. 12. 13. 17. 66. 66. 66. 62. 1977-Q1... -Q2... -Q3... -Q4... | | | | 395. 403. 414. 415. 685. 685. 722. 700. 287. 286. 303. 295. 2. 1 2.0 2.7 0.2 2.2 0.0 5.4 -3.0 1. 1 -0.3 5.9 -2.6 | **** | **** 1 4. J | 7.2 **** **** 10.7 4.5 **** **** 10.6 3-9 5. 4. 7. 13. 76. 69. 73. 71. 19. 27. 20. l b - 18. 17. 13. 23. 1978-Q1... -Q2... -Q3... -Q4... J | | i 435. 441. 449. 481. 704. 726. 781. 776. 300. 304. 344. 342. 4.8 1.4 1.8 7. 1 O.b 3. 1 7.6 -0.6 1.7 1.3 13.2 -0.6 | 10. 1 | 9.4 | 8.5 | 15.9 2.8 6.0 8.2 10.9 4.5 6.3 13.5 15.9 11. 76. 70. 77. 72. 13. 28. 21. 26. 18. 17. 14. 24. 64. 67. 63. 65. 19. 16. 23. 12. 1979-Q1... 1 -Q2... J -Q3... | -Q 4 - — | 474. 519. 508. 539. 828. 928. 866. 833. 369. 378. 39 4. 422. -1.5 9.5 -2. 1 6. 1 6.7 12.1 -6.7 -3.8 7.9 2.4 4.2 7. 1 | 9-0 | 17.7 | 13. 1 | 12. 1 17.6 27.8 10.9 7.3 23.0 24.3 14.5 23.4 3. 2- 71. 6 8. 70. 62. 27. 29. 27. 36. 25. 28. 27. 26. 61. 61. 61. 56. 13. 11. 12. 18. 1 9 8 0 -Q 1 ... | 545. 573. 576. 551. 921. 954. 988. 970. 399. 3.6 -1.8 -5.5 2-5 2.4 -2.9 | 15.0 419. 407. 1. 1 5. 1 0.5 -4.3 10.6 -Q2. .. | -Q3... | -Q4... | | 13.4 | 2.2 11.2 2. 8 14. 1 16.4 8.1 8.2 6.3 -3.6 3. 12. 8. 3. 70. 75. 79. 74. 27. 13. 13. 23. 41. 69. 45. 26. 51. 29. 51. 66. 8. 2. 4. 8. 1981-Q1... | 597. 1064. 405. 8.3 9.7 -0.5 1 15.5 1.5 7. 70. 24. 43. 51. 5. 409. 3 .6 | 10.4 9.5 2. 1. 2. 32. 16. 17. 21. 16. 52 QUARTERLY SURVEY OF AGRICULTURAL CBEDIT CONDITIONS, FIFTH FEDERAL BESEBVE DISTRICT— FEDEBAL BESEBVE BANK OF RICHHOND ZABLE 345.IQ C D BB EN T FABM NON-B BA L-ESTATE LENDING EXPEBIENCE, CO MP A R E D WITH USUAL CO N D I T I O N S P E BC EN TA GE OF BANKS BEPO BT IN G PUND AV AILABILITY DEHAND FOB LOANS 1 | | 1 1 1975-Q4...| DATE OF SURVEY __ LONEB SAHE LOWER HIGHER SAHE HIGHER LOAN RE PA YM EN T BA TE LON EB SAHE HIGHER RENEWALS OB EX TE NS IO NS LONER SANE HIGHER COLL AT EFAL REQUIRED LONEB SAHE HIGHER 21. 51. 28. 10. 46. 44. 31. 62. 8. 5. tj7 . 28. 0. 77. 23. 1976— Q1...| -Q2.••| -Q3. . . | -Q4...I 12. 6. 0. 11. 68. 71. 74. 74. 21. 23. 26. 14. 6. 6. 3. 3. 44. 43. 63. 68. 50. 51. 34. 29. 21. 20. 0. 11. 71. 77. 97. 86. 9. 3. 3. 3. 3. 0. 11. 9. 71. 80. 86. 83. 27. 20. J. 9. 0. 0. 0. 0. 76. • 80. 83. 80. 24. 20. 17. 20. 1977-Q1...| - Q 2 . ] - Q 3 ---| -Q4...| 1 1978-Q1___1 -Q2...I -Q3.. . | -Q4...I 0. 6. 6. 12. 85. 60. 58. 62. 15. 34. 36. 27. 3. 0. 6. 9. 50. 63. 72. 71. 47. 37. 22. 21. 24. 6. 11. 24. 77. 91. 89. 74. 0. 3. 0. 3. 12. 6. 0. 3. 59. 83. 86. 67. 29. 11. 14. 30. 0. 0. 30. 79. 79. 81. 85. 21. 21. 17. 15. 7. 21. 19. 10. 60. 36. 69. 61. 33. 42. 13. 29. 10. 27. 36. 32. 73. 67. 58. 65. 17. 6. 7. 3. 57. 30. 13. 10. 37. 70. 84. 81. 7. 0. 3. 10. 3. 3. 3. 16. 33. 61. 81. 68. 63. 36. 16. 16. 0. 0. 3. 0. 77. 73. 78. 84. 23. 27. 19. 16. 1 9 79 -Q 1... | -Q2. . . | -Q3. . • | -Q4...I 13. 9. 7. 16. 63. 65. 68. 58. 25. 27. 26. 26. 31. 27. 36. 26. 66. 74. 65. 74. 3. 0. 0. 0. 6. 6. 7. 10. 78. 85. 87. 87. 16. 9. 7. 3. 16. 12. 0. 3. 75. 85. 90. 84. 9. 310. 13. 0. 0. 0. 0. 75. 76. 71. 74. 25. 24. 29. 26. 1980-Q1...| -Q2...J -Q3.. . | -Q4...| 1 1981-Q1... | _______ L_ 21. 43. 46. 44. 57. 37. 37. 38. 21. 20. 17. 18. 21. 34. 14. 15. 71. 66. 66. 59. 7. 0. 20. 27. 29. 37. 29. 47. 68. 6 0. 69. 53. 4. 3. 3. 0. 0. 3. 3. 3. 57. 54. 63. 53. 43. 4 3. 34. 44. 0. 0. 0. 3. 65. 43. 77. 65. 31. 57. 23. 32. 56. 27. 18. 12. 65. 24. 50. 47. 3. 6. 35. 59. 0. 77. 24. QU ARTERLY SOBYET OF AGBICO LT UB AL CB ED IT CONDITIONS, FIFTH FE DB BA L B E S E B V E DI S 1 B I C 1 — FEDEBAL BESBBVE BANK CF BICH HO ND TABL E 3 4 5 . 2Q FARM NON-BE AL -E ST AT E LOAN VOLUME EXPE CT ED DURING TH E CUBRENT QUARTER, CO H P A B E D WITH VOLUflE OF LOANS HADE A TEAS EARLIER PE B C E N T A G E OF BANKS BBPO BT IN G SURVEY O P E B AT IN G FABH HA CH IN EB Y LONER SAHB HIGHER LONEB SANE HIGHER C B O P S T OB AG B TOTAL FEEDER CATTLE DAISY LONER S A HE HIGHER LONER SA HE HIGHER LONER SAHE HIGHER LONER SAHE HIGHBR 1975-Q4... 13. 58. 29. 39. 52. 9. 12. 76. 12. 14. 58. 28. 8. 59. 33. 18. 49. 33. 19 76 -Q 1... -Q2. .. -Q3... -Q4... 6. 0. 6. 3. 61. 67. 66. 77. 3333. 29. 20. 37. 14. 19. 26. 56. 61. 68. 68. 7. 25. 13. 7. 25. 10. 16. 12. 57. 66. 66. 73. 18. 24. 19. 15. 23. 19. 16. 7. 55. 69. 68. 61. 23. 13. 16. 32. 3. 0. 3. 6. 47. 54. 66. 77. 50. 46. 31. 17. 21. 11. 17. 9. 41. 49. 60. 69. 38. 40. 23. 23. 19 7 7 - Q 1... -Q2... - Q 3 ---Q 4___ 3. 0. 6. 6. 73. 69. 56. 64. 24. 31. 39. 30. 19. 7. 28. 14. 78. 87. 66. 64. 4. 7. 7. 21. 11. 10. 23. 17. 79. 81. 70. 72. 11. 10. 7. 10. 10. 9. 15. 19. 73. 82. 55. 41. 17. 9. 30. 41. 3. 3. 8. 9. 56. 4936. 44. 41. 49. 56. 47. 6. 3. 17. 24. 68. 57. 47. 59. 27. 40. 36. 18. 1978-Q1... - Q 2 . .. -Q3... -Q4... 7. 16. 19. 17. 62. 50. 59. 72. 31. 34. 22. 10. 15. 10. 21. 7. 74. 80. 71. 71. 11. 10. 7. 21. 11. 17. 21. 10. 85. 80. 79. 90. 4. 3. 0. 0. 14. 28. 13. 10. 57. 69. 67. 53. 29. 3. 20. 37. 13. 24. 16. 23. 37. 36. 44. 55. 50. 39. 41. 23. 30. 30. 31. 23. 53. 46. 38. 48. 17. 24. 31. 29. 1979-Q1... -Q2... -Q3. . • -Q4... 16. 6. 17. 23. 55. 58. 62. 57. 29. 36. 21. 20. 15. 11. 27. 19. 70. 71. 6982. 15. 18. 4. 0. 17. 19. 22. 25. 72. 75. 74. 68. 10. 6. 4. 7. 23. 30. 14. 28. 65. 58. 62. 48. 13. 12. 24. 24. 19. 6. 19. 23. 47. 50. 48. 42. 34. 44. 32. 36. 16. 12. 26. 19. 56. 65. 48. 71. 28. 24. 26. 10. 1980-Q1... -Q2... -Q3. • • -Q4... 21. 50. 33. 32. 54. 32. 52. 45. 25. 18. 15. 23. 26. 59. 42. 31. 70. 41. 58. 55. 4. 0. 0. 14. 26. 4331. 45. 74. 57. 66. 41. 0. 0. 3. 14. 26. 53. 32. 44. 56. 38. 50. 31. 19. 9. 18. 25. 11. 34. 17. 29. 46. 40. 49. 35. 43. 26. 34. 35. 32. 69. 57. 56. 54. 31. 34. 29. 14. 0. 9. 15. 1981-Q1... 37. 43. 20. 41. 50. 9. 31. 66. 3. 41. 44. 15. 29. 35. 35. 56. 27. 18. . 53 QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, FIFTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF RICHSOMD TABLE 345.3Q AVERAGE LO AN/DEPOSIT RATIO, AND PERCENTAGE OF BANKS REPORTING OTHER COND IT IO NS THAT REFLECT RELATIVE CR ED IT AVAILABILITY REFUSED OR | NUMBER OF FARM LOAN REQUESTS REFERRED TO— REDUCED A (ACTIVELY EARN LOAN |SEEKING C O RR ES PO ND EN T BANKS NONBANK AGENCIES REQUEST IN | NEB HIGHER PREVIOUS | FARM | CO MPARED WITH | COMPARED BITH THAN QUARTER DUE| LOAN NONE| USUAL NUMBER NONE| USUAL NUMBER DESIRED TO SH OR TA GE !A CC OU NT S I ________________________ I ________________________ ILOWER SAME HIGHER _____ U Q M E B SAMg H{GH?E OF fUNDS I_______ I 1 | *** *** *#* *** 1 #** *** +* ♦ *** 10. | 8. 6 3. I 1 362| 76. 0. 9. I 21. 3. 1 38. 6. 47. 9. 71. 6. | 3. | 63. 11. 26. 0. 1 36. 7. 45. 13. 15. | 3. 59. 0. 27. 1 700. 50. 3. 1 47. 3. 0. 65. 24. ! 71. 3. 3. 1 47. 44. 6. 9. I 3. I 1 0. | 0. 71. | 70. 6. 21. 3. 1 41. 9. 47. 3. 17. | 0. 82. | 65. 3. 32. 0. 1 44. 3. 44. 9. 24. | 0. | 66. 3. 31. 0. 1 48. 72. 7. 36. 10. 15. | 0. 68. 3. 25. 0. J 53. 6. i 7 2. 25. 16. I 1 0. 1 43. 21. | 3. 73. | 78. 0. 22. 0. 29. 29. 64. 3. 26. 22. | 0. 1 33. 1 71. 3. 0. 33. 33. 41. | 13. 56. | 83. 0. 13. 3. 1 48. 0. 36. 16. 60. 0. 33| 13. 29. 0. 1 52. 1 71. 0. 36. 13. 1 66. 0. | 72. 28. 0. 1 39. 23. | 13. 0. 48. 13. 6. 68. 0. 23. 3. 1 39. 24. | 1 74. 0. 39. 23. 10. 61. i 63. 3. 30. 3. 1 45. 0. 41 . 32. | 14. 7. 61. | 76. 0. 24. 0. 1 59. 17. | 0. 31. 10. i 1 29. | 7. 64. | 78. 0. 0. 1 58. 0. 22. 23. 19. 4. 14. 20. 34. 29. | 7. 1 47. 0. 20. 33. 1 75. 9. 63. 6. 12. 3. 1 52. 0. 1 79. 26. 23. 21. 1 6. 14. 68. J 76. 37. 1 55. 0. 24. 6. 1 21. 1 1 71. 10. 6. | 3. | 76. 10. 3. 1 52. 3. 13. 32. 1 1 LO AN /D EP OS IT RATIO 1SDATE OF SURVEY AVERAGE LOAN/DEPOSIT RATIO (PER CENT) LOWER THAN IDESIRED ABOUT RIGHT 1 1975-Q4...| 64. I | 28. 62- 1976-Q1___| -Q 2---| -Q3...| - Q 4 ---1 60. 61. 64. 62. | | i | 47. 40. 30. 34. 44. 54. 55. 57. 1977-Q 1 . . . | -Q2... | - Q 3 ---| -Q4...! 62. 64. 66. b5. | | 1 | 42. 34. 27. 36. 58. 49. 50. 49. 1 9 7 8 - Q 1. . . 1 -Q2...| -Q3...i -Q4...I 66. 65. 68. 67. | | 1 | 36. 2 5. 13. 20. 43. 53. 47. 47. 1979-Q1...| -Q2...J -Q3...1 -Q4...| 65. 66. 68. 68. 16. 15. 10. 10. 61. 62. 58. 73. 1980-Q1...| -Q2... | -Q3...1 — Q4. . . | 1 1981-Q1...| 1 66. 66. 67. 65. | I I | 1 1 1 | | I 1 1 14. 21. 18. 30. 57. 50. 61. 64. 39- 55. 63. QU ARTERLY SU RV EY OF AGRICULTURAL CREDIT CONDITIONS, FIFTH FEDERAL RESERVE D I S T RI CT— FEDERAL RE SERVE BANK OF RICHMOND TABL E 3 4 5 . 4Q TYPICAL INTEREST RATES C H AR GE D ON FABH LOANS (AVERAGE, PER CENT) 1 | | 1 1 1975-Q4...| DATE OF SURVEY FEEDER CATTLE LOANS OTHER OP ERATING LOANS INTE RM ED IA TE -T ER M (1 TO 7 YEARS) LOANS LONG-TERM BEAL ESTATE LOANS 8.98 8.98 9.53 9.34 1976-Q1...| -Q2...I -Q3...I -Q4..-I 8.89 8.88 8.91 8.77 8.86 8.90 8.81 8.75 9.48 9.22 9.26 9.19 9.31 1977-Q1...| -Q2...I -Q3...I -Q4...I 1 1978-Q1...| -Q2...I -Q3...I -Q4.-.I 8.89 8.78 8.84 8.70 8.89 8.73 8.82 8.74 9.29 9.17 9.26 9.28 9.28 9.30 9.35 9.27 8.94 8.99 9.28 9.65 8.98 9.08 9.37 9.54 9.46 9.44 9.69 10.02 9.42 9.49 9.60 9.80 1979-Q1...| -Q2...| -Q3..-I -Q4...I 10.28 10.90 11.37 12.05 10.37 10.74 10.97 12-08 10.52 11.17 11.28 12.27 10.26 10.94 11.38 11.94 1980-Q1___1 -Q2. .. | -Q3...| -Q4...i 12.97 16.55 13.38 13-84 13.02 16.37 13.38 13.74 13.15 16.85 13.60 14.16 13. 11 16.44 13.66 13.83 1981-Q1...| ____________ 1__ 17.16 17.23 16.87 16. 18 9.29 9.26 9.20 54 Q U A R T E R L Y S UR V E Y T A B L E 3 4 5 . 5Q OP A G RIC U LT U RA L CRED IT CON D ITIO N S, TRENDS IN MARKET VALUE OF GOou DATE OP SURVEY | | DOLLARS PER ACRE PERCENTAGE CHANGE PROM PRE VI O US — QUARTER FIFTH FEDERAL PARS REAL ESTATE RESERVE VALUES D I S 1 R I C T — FEDERAL RESE RV E BANK OF R I C HM O ND AND LOAN VOLUME FARMLAND PERCENTAGE OF BANKS EX PE C TIN G TREND DURING THE CURRENT QUARTER TO BE— PERCENTAGE OF B A N K S EX PEC TIN G FARM REAL E S I A T E LOAN VOLUHE DURING TH E CURRENT QUA RTER, AS COMPARED WITH VOLUME MADE A YEAR E A R L I E R , TO BE— YEAR UP LONER SAME 777- **** **** DOHN 5. 82. 13. 11. 7 6. 13. 1 9 7 6 -Q 1 ...| - Q 2 ___ | -Q 3 . . . | -Q 4 ... | 842. 810. 851. 869. 8 .4 -3 . 8 5. 1 2. 1 **** *#*♦ **** 11.8 3. 0. 0. 0. 7 9. 80. 86. 83. 18. 20. 14. 17 . 16. 18. 6. 12. 68. 61. 76. 70. 16. 21. 18. 18 . 1 9 7 7 -Q 1 ...1 - Q 2 ___ | -Q 3 .. . | - Q 4 ------ J 906. 910. 937. 935. 4. 3 0 .4 2 .9 -0 . 1 7.6 12.3 10. 1 7.6 0. 0. 6. 0. 82. 82. 83. 94. 18 . 181 1. 6. 9. 6. 6. 13. 75. 70. 67. 75. 16. 2 4. 27. 13. 1 9 7 8 -Q 1 ...| - Q 2 ------ | - Q 3 ___ | — Q4 __ | 1017. 1071. 1074. 110 5 . 8 .7 5 .3 0. 3 2 .9 12.3 17.7 14.7 18. 1 0. 0. 0. 3. 87. 76. 75. 74. 10. 24. 2 5. 26. 17. 23. 28 . 2 0. 7068. 63. 70. 13. 1 0. 9. 10 . 1 9 7 9 -Q 1 ...| -Q 2 ...| - Q 3 ___ | -Q 4 ...| 1079. 116 5. 1 19 2 . 122 2 . -2 .4 8 .0 2. 3 2 .5 6. 1 8.8 11.0 10.6 0. 0. 0. 0. 66. 49. 65. 81. 34. 52. 3b. 1 9. 35. 22. 18. 32. 59. 53. 57. 61. 7. 25. 25. 7. 1 9 8 0 -Q 1 ...| -Q 2 . . . J - Q 3 ___ | -Q 4 ...| 1 23 1 . 127 0 . 131 8 . 1 35 3 . 0 .7 3 .2 3 .8 2 .7 1 4. 1 9 .0 10.6 10.7 0. 31. 9. 3. 79. 63. 8 6. 82. 21. 6. 6. 15 . 33. 65 . 5 6. 49. 63. 35. 35. 39. 9. 1 2. 198 1— Q1___ | 1 27 7 . -5 .6 3 .7 3. 85. 12. 4 6. 39. 1 5. 1 97 5 -Q 4 ...J STABLE ........H I G H E R . 4. 0. JA NUARY 1981 AGRICU LT UR AL FI NA NC E DATABOOK— QU AR TE RL Y SERIES D E S C R IP T IO N OF COVERAGE AND PROCEDURES OF SURVEYS I N S E C T IO N 340 F I V E FEDERAL RESERVE BANKS CONDUCT QUARTERLY SURVEYS OF C R E D IT C O N D I T IO N S AT COMMERCIAL BANKS TE A T ARE INVOLVED IN FARM L E N D I N G . EACH OF TH E SURVEYS I S BADE AS OF THE F I R S T DAY OF JAN UA R Y, A P R I L , J U L Y , AND OC TOBBB. TH ESE DATES CORRESPOND TO L I N E S Q1 THROUGH Q 4 , R E S P E C T I V E L Y , I N TH E T A B L E S . EACH O f THE FEDERAL RESERVE BANKS IS S U E S A QUARTERLY REPORT ON I T S SURVEY R E S U L TS , A V A IL A B L E FROM TH E RESERVE BANK ON RE QU ES T. T H E FEDERAL RESERVE BANK OF CH ICAGO HAS CONDUCTED A QUARTERLY LAND VALUE AND C R E D IT C O N D I T IO N S SURVEY FOR OVER 25 YEARS . OVER T H I S T I H E T HE SURVEY HAS UNDERGONE SEVERAL CHANGES, AND THUS H I S T O R I C A L DATA FOR THE CURRENT S E R IE S ARE A V A IL A B L E FOR VARYING LENGTHS OF T I H B . BEFORE 1 97 3 , THE SURVEY COVERED ONLY BANKS T H A T HERE BERBERS OF THE FED ERA L RESERVE S Y S T E B . FROtl 1969 TO 1 97 2 , FOR EXAMPLE, TH E BANKS SURVEYED HERE MEMBER BANKS AT HHICH FARB LOANS COMPRISED 10 PER C EN T OB MORE OF T O T A L LOANS AS OF 1 96 8 . TH A T SAMPLE NUMBERED ABOUT 550 BANKS, NH ICB HAS ABOUT 60 PER CEN T OF A L L HEHBBB BANKS I N THE SEVENTH FEDERAL RESERVE D I S T R I C T . I N JANUARY 1 97 3 , THE SURVEY HAS BROADENED TO COVER NONMEHBEB BANKS AT HHICH FARM LOAMS COMPRISED 25 PER C EN T OR MORE OF T O T A L LOANS AS OF J U N E 1972 (E X C E P T I N M IC H IG A N , HHEfiE TH E C R I T E R I O N HAS S E T A T 10 PER C E N T ) . A TOTAL OF 476 NONHEMBER BANKS, REPRESENTING 28 PER CEN T OF ALL NONHEMBEfi BANKS I N THE D I S T R I C T , RESPONDED TO A REQUEST TO P A R T I C I P A T E IN THE S UR VEY . AS OF 1 9 7 3 , T H E R E F O R E , TH E TO TA L SURVEY SAMPLE (B O TH MEMBER AND NONHEMBER BANKS) BOSE TO OVER 1 , 0 0 0 BANKS, OR ABOUT 40 PER CENT OF ALL BANKS I N T H E D I S T R I C T . A T Y P I C A L RESPONSE RATE EACH QUARTER I S ABOUT 75 PER C E N T . TH E FEDERAL RESERVE BANK OF MIN NE APO LIS I N I T I A T E D A QUARTERLY A GR IC UL TU R A L C R E D I T C O N D I T IO N S SURVEY I N 196 4 . TH E SURVEY PANEL AND Q U E S T IO N N A IR E HAVE REMAINED LABGELY COMPARABLE OVER T I M E . THUS AMONG THE RESERVE BANK S UR V EY S , T H I S SURVEY PROVIDES E X C E P T IO N A L L Y LONG AND BROAD COVERAGE OF A GRI CU LT UR AL C R E D I T C O N D I T I O N S , AND I S E S P E C I A L L Y VALUABLE I N TH A T TH E S E R I E S SPAN SEVERAL MONETARY AND FARM INCOME C Y C L E S . TH E SURVEY PANEL I S CHOSEN FROM AMONG BANKERS ENGAGED I N FARM LENDING TO PROV ID E A GEOGRAPHICAL AND B A N K - S I Z E CROSS S E C T I O N OF T H E BANKS IN T HE N IN TH F EDE RA L RESERVE D I S T R I C T . TH E CORE OF T H E PANEL C O N S IS T S OF MEMBERS OF THE UPPER B ID H E S T AGR IC U LT U R A L C R E D I T C O U N C IL , AN OR G A N IZ A TI O N OF AGRI CU LT UR AL R E P R E S E N T A T IV E S AND L EN DIN G O F FI CE R S OF N I N T H D I S T R I C T BANKS. TH E I N I T I A L SUBVEY I N 1964 COVERED 75 BANKERS. OVER T I N E , TH E PANEL BAS BNLA1GED; AS OF 1 9 7 3 , I T COVERED 175 BANKS. TH E RESPONSE RAT E HAS T Y P I C A L L Y BEEN 90 PER C EN T OR BB T T E R . T H E FEDERAL RESERVE BANK OF KANSAS C I T Y IM PLEMEN TED A QUARTERLY AGRICU LT UR AL C R E D I T C O N D I T IO N S SURVEY ON JANUARY 1 , 19 7 6 . AN I N I T I A L SAMPLE OF 196 BANKS HAS S EL EC TE D P R IM A R IL Y FROM AMONG T H E 902 BANKS I N T H E TE N T H FED ERAL RESERVE D I S T R I C T A T HHICH FARM LOANS COMPRISED 50 PER C EN T OR MORE OF T O T A L L OA NS. T H E SAMPLING PROCEDURE R ESU LT ED IN RE P R ESE NTA TIO N OF ALL GEOGRAPHIC REGIONS AND FARMING AREAS IN THE D I S T R I C T . AS OF A P R IL 1 9 7 7 , TH E SAMPLE C O N S IS T E D OF 188 BANKS. V IR T U A L L Y A LL SURVEYED BANKS RESPOND BACH QDARTBB. FOLLOW-OP CALLS TO RESPONDENTS ABE HADE TO HELP ASSURE A HIGH RESPONSE R A T E . T H E FED ERAL RESERVE BANK OF D A L LA S I N I T I A T E D A QUARTERLY SURVEY OF A GR IC UL TUR AL C R E D I T C O N D I T IO N S ON J U L Y C 197 5 . A SAMPLE OF 331 MEMBER AMD NONHEMBER BARKS HAS DRAHM TO PROVIDE REP R ES EN TA TIO N OF BANKS OF ALL S I Z E S THROUGHOUT T H E ELE VENTH FEDERAL RESERVE D I S T R I C T . A RESPONSB BA TE OF ABOUT 70 PER CEN T HAS BEEN EX P ER IE N C ED . AS OF JANU ARY 1 9 7 6 , TH E SURVEY COVERED 23 PER C E N T OF A L L BANKS I N THE D IS TR IC T. THE E F F E C T I V E SAMPLING RATE HAS BE LAT ED P R IM A R IL Y TO THE R E L A T I V E IHPORTAMCB OF FARM L BH D IN G. OF TH E 522 BANKS AT HH IC H FARM LOAMS COMPRISED ON E- F OU R TH OR MORE OF T O T A L LOANS (BASED ON J U N E 1974 D A T A ) , 54 PER C EN T HERE IN CLU DE D I N TH E SU BVE Y. T H I S GROUP THUS ACCOUNTED FOR 85 PER CEN T OF TH E BANKS I N THE S U B V EY . T B E FEDERAL RESERVE BANK OF RICHMOND BEGAN A QUARTERLY SURVEY OF AGR IC UL TU R A L C R E D I T C O N D I T IO N S ON OCTOBER 1, 197 5 . IN S E L E C T I N G THE SAMPLE, T B E 773 BANKS I N THE F I F T H FED ERA L RESERVE D I S T R I C T HERE S T R A T I F I E D ON T H E B A S IS OF OU T ST AND IN G DOLLAR VOLUME OF FARM LOANS, AND THOSE BANKS H I T H A HIGH VOLUME OF FARM LOAMS HEBE SAMPLED MUCH MORE HEAVILY. A T O T A L OF 64 BARKS HERE S E L B C T E D I N T H I S MANNER, OF HHICH 43 AGBBED TO P A R T I C I P A T E IM TH E SURV EY. OF TH E 18 BANKS HHERE OUTS TA NDI NG FARM LOANS BI CEE DBD $10 M I L L IO N (BASED ON JU NE 1974 D A T A ) , 16 HERE IN CLU DE D I N TH E F I N A L SAMPLE OF 43 BANKS. JANUARY AGR IC UL TU R A L FI N A N C E DATABOOK— QUARTERLY S E R IE S 900 1981 FARM INCOME AND EXPENSES 9 1 1 . 1Q 911.2Q 911.3Q A M O U N T . . ................. ................................................................................................. 56 PERCENTAGE CHANGE FROM PREVIOUS QUARTER................................. .. .............................57 P E RC E NT A GE CHANGE FROM SAME QUARTER OF P R E V I O U S YE AR.............................. 58 ECONOMICS AMD S T A T I S T I C S DEPARTMENT OF A G R IC U L T U R E . SERVICE, ECONOMIC I N D I C A T O R S . C O U N C IL OF ECONOMIC A D V IS E R S , J O I N T ECONOMIC C O M M IT T E E , U . S . CONGRESS. FOR THE 56 TABL E 9 1 1 - IQ | 1 1 QUARTER 1 | 1 1 1 1 9 6 0 - Q 1 ........... .1 - Q 2 ........... | - Q 3 ----------- .| - Q 4 ........... .| 1 1 9 6 1 -Q 1 ----------- .| - Q 2 ........... .1 - Q 3 ........... | - Q 4 ........... | II CO BE RE CE I V E D F R O H PA RS IN G (S EA SO IA LL I- AD JO ST BD ANNUAL RATE) AflOORTS IH BILLIONS OF DOLLARS NET INCO HE TO FABfl OPERATORS | I I i CASH |PRODUCTIONJ EXCLUDING! IN C L U D I N G NET CHANGE R E C E I P T S | EXPENSES |MET CHANGE! IN IN V E N T O R I E S FROH PARHI 1 IN I N V E N - I _ _ MA RKE TIN GS! 1 TORIES | I N C U R R B IT I N 1967 1 _______ _________________I___ DOLLARS______DOLLARS GROSS IN C O S E TOTAL 37-5 39.1 39.4 39.5 33.0 34.5 34.6 34.9 27.3 2 7.3 27.4 27.4 10.0 11.4 11.4 11.7 10.2 11.8 12-0 12.1 11.6 13.3 13.5 13.6 40.4 40.3 40.5 41.0 35.6 34.8 34.9 35.3 28.3 28.5 28.7 28.8 11.8 11-5 11.4 11.8 12.1 11.8 11.8 12.2 13.5 13.2 13.2 13.6 1 9 6 2 - Q 1 _____ .1 - Q 2 ........... .1 - Q 3 ........... .| - Q 4 ........... .| 42.3 42.4 42.2 42.5 36.6 36.6 36.2 3 6.5 30.0 30.3 3 0.3 30.6 11.8 11.5 11.2 11.2 12.3 12.1 11.9 11.9 13.6 13.4 13. 1 13.1 1 9 6 3 - Q 1 ........... .1 - Q 2 ........... | - Q 3 --------- >| - Q 4 --------- .1 1 1 9 6 4 - Q 1 _____ .| .| -Q 2 - — - Q 3 --------- | - Q 4 ............1 43.5 43.5 43.3 43.1 3 7.7 37.5 37.4 37.3 31.6 31.6 31.6 31.7 11.2 11.2 1 1.1 10.9 11.9 11.9 11.7 11.4 13.0 13.0 12.7 12.4 42.4 42.3 42.0 42.5 3 7.2 37.3 3 7.2 37.6 32.0 32.0 31-7 31.7 11.0 11.1 11.3 11.7 10.4 10.3 10.3 10.8 11.2 11.1 1 1. 1 11.6 1 9 6 5 - Q l _____ .1 - Q 2 ------------ | - Q 3 . . . . .| - Q 4 --------- .J 44.7 46.9 47.1 47.4 38.1 39.8 3 9.6 40.0 33.0 3 3.7 3 3-7 34.2 11. 1 12.2 12 .1 12. 1 11.7 13.2 13.4 13.2 12.5 14.0 14.2 13.9 1 9 6 6 -Q 1 ........... .| - Q 2 ........... .1 - Q 3 ........... .| - Q 4 ........... .| 1 1 9 6 7 - Q 1 ........... .| - Q 2 ........... .| - Q 3 ----------- >| - Q 4 ........... 51.3 50.4 50.3 49.8 43.7 43.4 43.4 43.2 35.7 36.3 36.7 37.3 15.2 14.2 13.8 13.0 15.6 14.1 13.6 12.5 16.2 14.6 13.9 12.7 49.8 50.5 50.9 50.9 42-7 42.9 42-9 42.3 37.9 38.3 38.3 38.3 11.8 11.6 11.7 11.6 11.9 12.2 12.6 12.6 12.0 12-3 12.6 12.4 1 9 6 8 -Q 1 _____ .| - Q 2 --------- .1 - Q 3 ----------- . 1 - Q 4 . , -------1 50.8 51.1 52. 1 53.4 43.2 43.5 44.4 45.6 38.8 39.4 39.6 40.3 11.8 11.6 12.4 13.0 12.0 11.7 12.5 1 3. 1 11.7 11.3 11.9 12.3 1 9 6 9 - Q l — . . . ,| - Q 2 ........... .| - Q 3 . . . . . .| - Q 4 ----------- .5 55.3 56.3 56.4 57.6 47.2 48. 1 48.1 4 9.3 41.2 42.3 42.3 42.7 14.0 13.9 14.0 14.8 14.1 14.0 14.1 14.9 13.1 12.8 12.7 13.3 1 9 7 0 - Q 1 . . . . . .1 - Q 2 -----------.1 - Q 3 ----------- .1 - Q 4 ----------- 59.0 58.8 58.0 58.5 50.9 50.7 50.0 50.5 43.9 44.3 4 4.5 45.0 1 5.1 14.5 13.5 13.5 15.1 14.5 13.5 13.5 13.2 12.5 11.5 11.4 1 9 7 1 - Q 1 _____ .| - Q 2 ----------- .| - Q 3 -----------. | -Q 4 -... . | 61.9 61.6 60.6 64.0 52.4 52.5 51.5 55.0 46.2 47.4 47.7 48.3 14.0 12.9 11.6 14.4 15.7 14.2 12.9 15.7 13.1 11.8 10.6 12.8 1 9 7 2 - Q 1 . ____ .| - Q 2 ---------- . | - Q3-----------. | - Q 4 ---------- . | 67.6 70.3 70.6 75.4 57.5 60.6 60.9 65.8 50.1 51.5 52.8 54.8 16.4 18.0 17.0 19.9 17.5 18.8 17.8 20.6 14. 1 15.1 14.2 16.2 1 9 7 3 -Q 1 .... . | - Q 2 -----------. | .1 -Q 3 — - Q 4 -----------. ( 87.1 96.3 1 0 4 .3 1 07.9 78.3 8 4.3 9 1.7 94.0 60.0 64.2 69.0 69.2 26.8 28.5 31.1 33.2 27.1 32.1 35.3 38.7 21.0 24.4 26.3 28.2 1 9 7 4 -Q 1 _____ . | - Q 2 ---------- . | - Q 3 -----------.1 - Q 4 --------- . | 1 0 6 .1 96.7 95.6 95.0 1 01 .2 89.6 88.3 90.7 74.0 70.6 72.0 72.4 35.0 26.1 23.6 26. 1 32.1 26.1 23.6 22.6 22.7 17.9 15.8 14.7 1 9 7 5 - Q 1 _____ . | - Q 2 --------- . | - Q 3 --------- .1 - Q 4 -----------. | 91.8 99.6 1 06.8 1 0 3 .1 79.4 8 8.3 95.1 89.9 72.0 75.7 78.8 77-0 15.8 21.2 25.1 22.1 19.8 23.9 28.0 26.1 12.6 15.0 17.2 15.7 1976— Q 1_____ - Q 2 --------- Q 3 --------- Q 4 --------- 99.6 104 .0 1 02.8 1 0 0 .9 91.9 98.2 9 5.4 93.6 7 8.0 84.0 86.0 84.4 23. 1 23-5 18.8 18.9 21.6 20.0 16.8 16.5 12.9 11.8 9 .8 9 .5 1 9 7 7 - Q 1 _____ . | - Q 2 ---------- . | - Q 3 --------- . | - Q 4 -----------.1 1 06.0 105 .5 1 0 5 .4 1 1 7 .2 96.8 93.8 92.1 99.9 86.7 87.5 88.5 92.4 20.3 17.0 14.9 22.6 19.3 18.0 16.9 24.8 10.9 10.0 9 .2 13.4 1 9 7 8 -Q 1 _____ .1 - Q 2 ---------- .1 - Q 3 ---------- Q 4 ---------- . | 1 20.8 1 24.8 123 .7 134 .6 1 0 6 .2 1 11 .0 109.0 1 18.0 95.0 97.0 97.4 1 03.0 24.8 27.3 24.8 30.4 25.8 27.8 26.3 31.6 13.7 14.4 13.3 15.6 1 9 7 9 - Q 1 _____ - Q 2 --------- Q 3 --------- Q 4 --------- -| .1 .| .| 1 45.5 1 4 9 .1 1 4 9 .9 1 5 4 .1 1 2 8 .9 1 3 0 .9 1 30 .6 1 35 .4 1 1 4 .2 116 .3 1 19.6 1 24.2 28.1 28.9 24.9 26.0 31.3 32.8 30.3 29.9 15.1 15.3 13.7 13. 1 1980— Q 1_____ - Q 2 --------- Q 3 --------- Q 4 --------- .| .| .| .| 1 1 5 2 .9 152.8 1 5 4 .7 158.4 1 3 7 -0 135 .9 1 42 .8 1 4 5 .7 1 2 7 .2 129.9 1 3 2 -9 1 3 6 .4 24.7 21.4 25.7 25.7 25.7 22.9 21.8 22. 1 10.8 9.4 8 .7 .| . | . | .| 8 .6 BV ! W I 91».3Q I K (Mil BK BIVBD PBOH FABB I 1C ( S U S O I I L L M N V I f B D BIIQAL l iT B ) A IO M T S IB B I1 L IO IS OF DOLLABS F X B C B IT A C K CHA1GB PBOB P B I f l O O S 1 |_ 1 1 1 1 QO ABT XI QUABTEH | I XT I I C O H B T O PAl fl OPBBATOBS ) 1 I CASH |PH O OO C TIO I| X X C L O D Z IG I IHCLODXBG I B T C B A K X I I IITB ITO B 1B S B B C B IP TS | BXP8HSBS 1I B T CHABGBJ | X I IIfE H -| FBOB PAXHI | TOBIBS | I I C O B B B IT I I 1967 HABK STI MSS I DOLLABS 1 1 1 DOLLABS GBOSS I I C O H B TOTAL -0 .0 4 .3 0 .8 0 .3 -0 .6 4 .5 0 .3 0 .9 0 .0 0 .0 0.4 0 .0 -2 .0 14.0 0 .0 2 .6 0 .0 15.7 1 .7 0 .8 -0 .1 15.0 1 .6 0 .2 2 .3 -0 .2 0.5 1 -2 2.0 -2 .2 0 .3 1 .1 3 -3 0 .7 0 .7 0.3 0 .9 -2 .5 -0 .9 3 .5 0 .0 -2 .5 0 .0 3 .4 -0 .2 -2 .4 -0 .4 3 .2 3 .2 0.2 -0 .5 0 .7 3 .7 0 .0 -1 .1 0 .8 4 .2 1.0 0 .0 1 .0 0 .0 -2 .5 -2 .6 0 .0 0 .8 -1 .6 -1 .7 0 .0 0 .4 -2 .0 -1 .9 -0 .2 { 1963— Q l . -Q 2 -Q 3 - - . . . 1 -Q 4 . . - . . 1 2 .4 0 .0 -0 .5 -0 .5 3.3 -0 .5 -0 .3 -0 .3 3 .3 0 .0 0 .3 0 .0 0 .0 -0 .9 -1 .8 0 .0 0 .0 -1 .7 -2 .6 -0 .3 -0 .2 -2 .3 -2 .8 1 9 6 4 - Q 1 . --------- 1 -Q 2 . •. . . | - Q 3 . ------------- 1 -0 9 I 1 9 6 5 -Q 1 . -0 2 . - 0 3 . -------------- 1 — Q4. -1 .6 -0 .2 -0 .7 1*2 -0 .3 0 .3 -0 .3 1 .1 0 .9 0 .0 -0 .9 0 .0 0 .9 0 .9 1.8 3 .5 -8 .8 -1 .0 0.0 4 .9 -9 .1 -1 .1 -0 .2 4 .4 5 .2 4 .9 0.4 0 .6 1 .3 4 .5 -0 .5 1.0 4 .1 2.1 0 .0 1.5 -5 .1 9.9 -0 .8 0 .0 8 .3 1 2. 8 1.5 -1 .5 8 .0 1 2- 1 1 .2 -2 .0 8 .2 -0 .2 -1 .0 9 .2 -0 .7 0 .0 -0 .5 4 .4 1 .7 1.1 1.6 25.6 -6 .6 -2 .8 -5 .8 1 8. 2 -9 .6 -3 .5 -8 .1 17.1 -1 0 .4 -4 .4 -8 .8 1 96 7 -Q 1 . -0 2 . -0 3 . -0 4 . 0 .0 1.4 0.8 0 .0 -1 .2 0.5 0 .0 -0 .2 1.6 1 .1 0 .0 0 .0 -9 .2 -1 .7 0 .9 -0 .9 -4 .8 2 .5 3 .3 0 .0 -5 .1 2 .0 2 .2 -1 .0 1 96 8 -Q 1 . -0 2 . -0 3 . -Q 4 . -0 .2 0 .6 2 .0 2 .5 0.9 0 .7 2.1 2 .7 1 .3 1 .5 0 .5 1.8 1.7 -1 .7 6 .9 4 .8 -4 .8 -2 .5 6 .8 4.8 -5 .8 -3 .4 5 .5 3 .4 3 .6 1.8 0.2 2 .1 3 .5 1.9 0 .0 2 .5 2 .2 2 .7 0 .0 0 .9 7 .7 -0 .7 0 .7 5 -7 7.6 -0 .7 0 .7 5 .7 6 .4 -2 .3 -0 .7 4 .1 2 .4 -0 .3 -1 .4 0 .9 3 .2 -0 .4 -1 .4 1.0 2 .8 0.9 0 .5 1 .1 2 .0 -4 .0 -6 .9 0 .0 1 .3 -4 .0 -6 .9 0.0 -0 .3 -5 .3 -7 .9 -1 .3 5 .8 -0 .5 -1 .6 5 .6 3 .8 0 .2 -1 .9 6 .8 2 .7 2 .6 0.6 1.3 3.7 -7 .9 -1 0 .1 24.1 16.3 -9 .6 -9 .2 21.7 15.3 -1 0 .5 -1 0 .0 21.0 5 .6 4 .0 0 .4 6 .8 4 .5 5 .4 0 .5 8 .0 3 .7 2 .8 2 .5 3 .8 13.9 9 .8 -5 .6 1 7. 1 11.5 7 .4 -5 .3 15.7 10.4 6 .7 -6 .1 14.7 15.5 10.6 8 .3 3 .5 19.0 7 .7 8 .8 2 .5 9 .5 7 .0 7 .5 0.3 34.7 6 .3 9.1 6 .8 31.6 18.5 10.0 9.6 2 9.3 1 6. 1 7 .9 7. 1 -1 .7 -8 .9 -1 .1 -0 .6 7 .7 -1 1 .5 -1 .5 2.7 6 .9 -4 .6 2 .0 0.6 5 .4 -2 5 .4 -9 .6 10.6 -1 7 .1 -1 8 .7 -9 .6 -4 .2 -1 9 .5 -2 0 .9 -1 2 .1 -7 .1 -3 .4 8 .5 7.2 -3 .5 -1 2 .5 11.2 7 .7 -5 .5 -0 .6 5.1 4 .1 -2 .3 -3 9 .5 34.2 18.4 -1 2 .0 -1 2 .4 20.7 17.2 -6 .8 -1 4 .2 19-3 14.8 -8 .6 1 976-Q1. - * . . | -Q 2 . -0 3 . . . . . | - Q 4 . --------- 1 -3 .4 4 .4 -1 .2 -1 .8 2 .2 6 .9 -2 .9 -1 .9 1.3 7 .7 2 .4 -1 .9 4 .5 1.7 -2 0 .0 0 .5 -1 7 .2 -7 .4 -1 6 .0 -1 .8 -1 8 .1 -8 .1 -1 7 .4 -3 .3 1977— Q l . - 0 2 . --------- 1 -Q 3. . . . . I -0 4 . 5.1 -0 .5 -0 .1 11.2 3 .4 -3 .1 -1 -8 8 .5 2 .7 0.9 1. 1 4 .4 7.4 -1 6 .3 -1 2 .4 51-7 17.0 -6 .7 -6 .1 46.7 14.9 -8 .3 -7 .5 44.5 3 .1 3 .3 -0 .9 8 .8 6 .3 4 .5 -1 .8 8 .3 2 .8 2.1 0 .4 5 .7 9 .7 1 0. 1 -9 .2 22.6 4 .0 7 .8 -5 .4 20.2 2 .3 5 .4 -7 .6 17.3 8 .1 2 .5 0.5 2 .8 9 .2 1 .6 -0 .2 3.7 10.9 1 .8 2 .8 3 .8 -7 .6 2 .8 -1 3 .8 4 .4 -0 .9 4 .8 -7 .6 -1 .3 -3 .4 1.8 -1 0 .6 -4 .5 -0 .8 -0 .1 1.2 2 .4 1 .2 -0 .8 5.1 2.0 2 .4 2. 1 2 .3 2 .6 -5 .0 -1 3 .4 20.1 0 .0 -1 4 .0 -1 0 .9 -4 .8 1 .4 -1 7 .3 -1 3 .6 -6 .6 -1 .6 1960— Q l . -Q 2 . -Q 3. -Q 4. 1 1 961-Q1. -0 2 . -Q 3 -Q 4 . . . . . | J 1 96 2 -Q 1 . -Q 2 -Q 3 -Q 4. 1 96 6 -Q 1 . - Q 2 . ----------1 - 0 3 . ----------1 — Q 4 . . . . . 1 - 1.8 o .o 1 1 969-Q1. -0 2 . -0 3 . - 0 4 . « « . •1 • 1 1970— Q l . - Q 2 . --------- 1 - Q 3 . --------- 1 — Q4- 1 1971— Q l . -0 2 . - 0 3 . •• * . 1 -Q 4 . 1 1 97 2 -Q 1 . -0 2 . -0 3 . —Q4. 1 1 97 3 -Q 1 . -0 2 . - 0 3 . --------- 1 -0 4 . 1 1 9 7 4 - Q 1 . --------- 1 -0 2 . . . . . 1 - Q 3 ............ | —Q4 . 1 1975—Q l . , -0 2 . -Q 3 . — Q4 . . . . . 1 1 1 1 1 97 8 -Q 1 . -0 2 . -Q 3 . . . . . ( -Q 4., 1979— Q l . . -0 2 . -Q 3 ., -Q 4., 1980— Q l . , -Q 2 .,. -Q 3-. -Q 4 ., 8 1 | 1 lll \ _____ L - 58 TABLE 911.3Q IICOHS SBCSITBO FBOB FABHIIG (SBASOMALLI-ADJUSTED A110 EL BATS) ABOOSTS II BILLIOIS OF OOLLABS PBBCBITAGE CBAIGB FBOB SABE QOABTEB OF PBSTIOOS ISAB 6BOSS neons QOABTBB | TOTAL ibt neons to fabh opsbazobs CASH |PBOOUCZIOH| EXCLODIIGJ IHCL0DII6 MET CHARGE BBCBIPZS | BIPBNSES JIBT CHAIGEI II IIVBITOBIBS 1 I I I1VSI-I | TOBIES |II COBBSIT I I 1967 _1__________1__POLLABS__ DOLLARS FBOI FABI| HABKETIIGSI 1 1960-Q1........ 1 -Q2........ | -Q3........ | -Q4........ i -3.1 2.6 5.6 5.3 -A. 1 1.8 R.5 5.1 1-1 0.7 0.4 0.4 -13.8 3.6 14.0 14.7 -12.8 7.3 20.0 18.6 -14.0 5.4 18.4 16.9 1961-Q1........ 1 -Q2........ 1 -Q3........ | -Q4........ | 1962-Q1........ 1 -Q2........ 1 -Q3........ | -Q4........ 1 7.7 3.1 2.8 3.8 7.9 0.9 0.9 1.1 3.7 A.A 4.7 5.1 18.0 0.9 -0.0 0.9 18.6 0.0 -1.7 0.8 16.9 -0.9 -2.9 0.1 R-7 5.2 R.2 3.7 2.8 5.2 3.7 3. A 6.0 6.3 5.6 6.3 0.0 0.0 -1.8 -5.1 1.7 2.5 0.8 -2.5 0.8 1.2 -0.3 -3.7 1963-Q1........ | -Q2........ | -Q3........ | -QR........ 1 2.8 2.6 2.6 1.R 3.0 2.5 3.3 2.2 5-3 A. 3 A.3 3.6 -5.1 -2.6 -0.9 -2.7 -3.3 -1.7 -1.7 -4.2 -4.4 -2.7 -3.0 -5.5 1964-Q1........ 1 -Q2........ | -Q3........ | -QR........ | -2.5 -2.8 -3.0 -1.R -1.3 -0.5 -0.5 0.8 1.3 1.3 0.3 0.0 -1.8 -0.9 1.8 7.3 -12.6 -13.4 -12.0 -5.3 -13.9 -14.7 -12.9 -6.4 1965-Q1........ 1 -Q2........ | -Q3........ | -QR........ I 5.R 10.9 12.1 11.5 2. A 6.7 6.5 6.4 3.1 5.3 6.3 7.9 0.9 9.9 7.1 3.A 12.5 28.2 30.1 22.2 11.2 26.1 27.8 20.1 1966-Q1__ . . | -Q2........ 1 -Q3........ | -QR........ 1 1R.8 7.5 6.8 5.1 14.7 9.0 9.6 8.0 8.2 7.7 8.9 9.1 36.9 16. A 14.0 7.4 33.3 6.8 1.5 -5.3 30.2 4.0 -1.7 -8.6 1967-Q1........ | -Q2........ | -Q3........ 1 -QR........ | -2.9 0.2 1.2 2.2 -2.3 -1.2 -1.2 -0.9 6.2 5.5 A.A 2.7 -22.4 -18.3 -15.2 -10.8 -23.7 -13.5 -7.4 0.8 -25.9 -15.6 -9.8 -2.0 1968-Q1..... | -Q2........ 1 -Q3........ 1 -QR........ 1 2.0 1.2 2.R 9.9 1.2 1.R 3.5 6.5 2.4 2.9 3.4 5.2 0.0 0.0 6.0 12.1 0.8 -4.1 -0.8 4.0 -2.7 -7.9 -4.9 -0.7 1969-Q1........ | -Q2........ | -Q3........ | -QR........ 1 8.9 10.2 8.3 7.9 9.3 10.6 8.3 8.1 6.2 7.4 6.8 6.0 18.6 19.8 12.9 13.8 17.5 19.7 12.8 13-7 12.1 13.4 6.8 7.6 1970-Q1........ | -Q2------ - | -Q3........ | -QR.... I 6.7 R.R 2.8 1.6 7.8 5. A R.O 2.R 6.6 4.7 5.2 5. A 7.9 4.3 -3.6 -8.8 7.1 3.6 -4.3 -9.4 0.8 -2.3 -9.5 -14.2 1971-Q1........ | -Q2........ I -Q3........ 1 -QR........ | 1972-Q1........ | -Q2........ 1 -Q3........ | -QR........,| R.9 R.8 R.5 9-A 2.9 3.6 3.0 8.9 5.2 7.0 7.2 7.3 -7.3 -11.0 -14.1 6.7 4.0 -2.1 -4.4 16.3 -0.8 -6.2 -8.4 12.4 9.2 1R.1 16.5 17.8 9.7 15.A 18.3 19.6 8. A 8.6 10.7 13.5 17.1 39.5 46.6 38.2 11.5 32.4 38.0 31.2 7.7 28.3 33.9 26.9 1973-Q1........ | 28.8 -Q 2 ..... | 37.0 -Q3........ | R7.7 -QR........ | A3.1 1974-Q1........ | 21.8 0. A -Q2....... | -Q3....... | -8.3 ,| -12.0 -QR........ 1975-Q1....... ,| -13.5 3.0 -Q2........ | -Q3........>| 11.7 8.5 -QR........,| 36.2 39.1 50.6 42.9 19.8 24.7 30.7 26.3 63.4 58.3 82.9 66.8 54.9 70.7 98.3 87.9 48.5 61.7 85.8 73.4 29.2 6.3 -3.7 -3.5 23.3 10.0 4.3 A.6 30.6 -8.4 -24.1 -21.4 18.5 -18.7 -33.1 -41.6 7.9 -26.5 -40.0 -48.0 -21.5 -1.5 7-7 -0.9 -2.7 7.2 9.4 6.4 -54.9 -18.8 6.4 -15.3 -38.3 -8.4 18.6 15.5 -44.5 -16.3 9.2 7.4 1976-Q1......... | -Q2........,| -Q3........ | -QR.-.,. | 8.5 R.R -3.7 -2.1 15.7 11.2 0.3 A. 1 8.3 11.0 9.1 9.6 46.2 10.8 -25.1 -14.5 9.1 -16.3 -40.0 -36.8 2.6 -21.0 -43.1 -39.8 1977-Q1....... | -Q2....... | -Q3....... 1 -QR....... >| 1978-Q1....... 1 -Q2....... 1 -Q3....... ,| -QR.........| 1979-Q1....... -Q2....... ,| -Q3.. . . . ,| -QR........,| 6.R 1. A 2.5 16.2 5.3 -R.5 -3.5 6.7 11-2 A. 2 2.9 9.5 -12.1 -27.7 -20.7 19.6 -10.6 -10.0 0.6 50.3 -15.6 -15.7 -5.7 40.9 1R.0 18.3 17.A 14.8 9.7 18.3 18.3 18.1 9.6 10.9 10.1 11.5 22.2 60.6 66.4 34.5 33.7 54.4 55.6 27.4 25.4 44.1 44.0 16.9 20.A 19.5 21.2 1A.5 21.A 17.9 19.8 14.7 20.2 19.9 22.8 20.6 13.3 5.9 0.4 -14.5 21.3 18.0 15.2 -5.4 10.5 6.6 3.1 -16. 1 1980-Q1....... >1 -Q2....... ,| -Q3....... .| -QR....... .| 5.1 2.5 3.2 2.8 6.3 3.8 9.3 7.6 11.A 11.7 11.1 9.8 -12.1 -26.0 3.2 -1.2 -17.9 -30.2 -28.1 -26.1 -28.2 -39.0 -36.3 -34.3