View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

AGRICULTURAL
FINANCE
DATABOOK

n
June 1983

M o n t h l y Series

RESEARCH L I B R A R Y
ROOM B - C - 2 4 1 - E , S T O P 1 0 5
FEDERAL RESERVE BOARD
WASHINGTON, D.C
20551

Emanuel Melichar
Paul T. Balides




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

AGRICULTURAL FINANCE DATABOOK—MONTHLY SERIES

SECTION
200

Farm lending operations and experience of nonbank institutions

300

Agricultural banking data

JUNE 1983

#

PAGE

3

'

•

29

APPENDIX TABLES

*

Average interest rates on business and farm borrowings

32

Percentage changes in deposits and loans at agricultural banks

33




#

#

JUNE

AGRICULTURAL FINANCE DATABOOK—MONTHLY S E R I E S

200

1983

FARM LENDING O P E R A T I O N S AND EXPERIENCE OF NONBANK I N S T I T U T I O N S

210

PRODUCTION C R E D I T

211

ASSOCIATIONS

{AGRICULTURAL LOANS,

EXCEPT AS NOTED)

LOANS OUTSTANDING

211.1M
211.2N

212

ACTUAL
SEASONALLY

ADJUSTED.

LOANS MADE AND NEW LOANS

2 1 2 . 1M
212-2H
212.3M

213

ACTUAL
.
SEASONALLY ADJUSTED ANNUAL RATE.
12-MONTH MOVING TOTAL

RENEWALS AND COLLECTIONS

(SEE

NOTE BELOW)

2 1 3 . 1 M ACTUAL
2 1 3 . 2H
SEASONALLY ADJUSTED ANNUAL RATE
2 1 3 . 3M
12-MONTH MOVING TOTAL

220

FEDERAL LAND BANKS

221

*
10

(AGRICULTURAL LOANS)

LOANS OUTSTANDING

221.1fl
221.2M

222

ACTUAL
SEASONALLY ADJUSTED,

LOANS CLOSED

222. 1M
222.21!
2 2 2 . 3M
223

LOANS CLOSED AND NEW MONEY LOANED

223. 1N
223.2M
223.3M
224

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE.
12-MONTH MOVING TOTAL

REFINANCING

224. 1H
224.2N
224.3M

230

ACTUAL
SEASONALLY ADJUSTED ANNUAL RATE.
12-MONTH MOVING TOTAL

AND REPAYMENTS

ACTUALSEASONALLY ADJUSTED ANNUAL RATE.
12-MONTH MOVING T O T A L . . . . .

L I F E INSURANCE COMPANIES

231

FARM MORTGAGES OUTSTANDING AND ACQUIRED

231. 1 M
231.2H
231.3M

232

ACTUAL
SEASONALLY A D J U S T E D . . . . . .
12-MONTH MOVING TOTAL (MORTGAGES ACQUIRED ONLY)

FARM MORTGAGE COMMITMENTS—OUTSTANDING

2 3 2 . IN
232.2M
232.3H

SOURCES:

"
»
25

AND NEW

ACTUAL
SEASONALLY ADJUST E D . . . . . .
12-MONTH MOVING TOTAL (NEW COMMITMENTS ONLY)

'

2 8

"PRODUCTION CREDIT A S S O C I A T I O N S — S E L E C T E D MONTHLY LOAN D A T A , "
SUPERVISORY D I V I S I O N , FARM C R E D I T A D M I N I S T R A T I O N ;
"FEDERAL LAND BANKS—SUMMARY OF SELECTED MONTHLY LOAN D A T A , "
TECHNICAL S E R V I C E S D I V I S I O N , FARM CREDIT A D M I N I S T R A T I O N ;
" D I S T R I B U T I O N OF INVESTMENTS OF U . S . L I F E INSURANCE C O M P A N I E S , *
AND "FORWARD INVESTMENT COMMITMENTS OF REPORTING L I F E INSURANCE
C O M P A N I E S , " AMERICAN COUNCIL OF L I F E INSURANCE.

DATA I N T H I S SECTION ARE OBTAINED FROM TIMELY MONTHLY REPORTS WHICH ARE NOT
R E V I S E D TO REFLECT ANY SUBSEQUENT CHANGES OR C O R R E C T I O N S .
I F ONLY YEAR-END
DATA ON OUTSTANDING LOAN VOLUME ARB REQUIRED, USE THE S E R I E S I N SECTION 1 0 0
OF THE AGRICULTURAL FINANCE DATA BOO K ^ % A N M A L _ S E R I E S .
FOR PRODUCTION C R E D I T A S S O C I A T I O N S , DATA ON LOANS OUTSTANDING AND LOANS MADE
DO NOT INCLUDE RURAL HOME LOANS, FARM-RELATED B U S I N E S S LOANS, OR AQUATIC
LOANS.
DATA ON COLLECTIONS AND RENEWALS DO INCLUDE THESE LOANS; HOWEVER,
THESE TYPES OF LOANS REPRESENTED ONLY 2 . 9 PERCENT OF TOTAL OUTSTANDING L O I N S
AT PRODUCTION CREDIT A S S O C I A T I O N S AS OF DECEMBER 1 9 8 1 .




4
TABLE 2 1 1 . 1H

END OF
MONTH

I
l_
I
l_
1
|
_i

197 6 - J A N . . .
-FEB...
—MAR..»
-APR...
-MAT...
-JUN...
-JUL...
-AUG...
-SEP
-OCT
-NOV...
-DEC...

PRODUCTION CREDIT A S S O C I A T I O N S
LOANS OUTSTANDING

END OF
MONTH

|
I
i

10711.
10823.
11117.
11421.
11707.

12006.
12191.
12319.
12321.
12170.
11981.
12196.

CHANGE FROM P R E V I O U S ! .
I
. MONTH
TEAR
1_
-30.

1 12.

294.
304.

286.
299.
185.
129.
2-151.
-190.

216.

1 165.

1080.
1106.
1191.
1235.
1303.
1378.
1511.
1584.

1600.

1529.
1455.

- . 3

1.0
2 . 7

THOUSANDS

2 . 7
2 . 5

2.6
1.5
1. 1
. 0

-1.2
-1.6
1.8

328. 1
330.4
334.3
337.7
340.2
342.0
342.9
342.9
341.9
339.6
336.6
335.6

12.2

11. 1
11.0
11.6
11.8
12.2
12.7
14.0
14.8
15. 1
14.6
13.5

1429.
1450.
1466.
1508.

1618.

-2.0

-317.
-17.

1491.
1258.

- 2 . 3
- . 1

13233.
13274.
13427.
13630.
13909.
14312.
14652.
14846.
14955.
14743.
14601.
14901.

-221.

1093.

1001.

-1.6
. 3

8.2

844.
700.
576.
563.
614.

1.2

6 . 7
5 . 4

197 9 - J A N . . .
-FEB...
-MAR...
-APR...
-MAT...
-JUN...
-JUL...
-AUG...
-SEP..,
-OCT...
-NOV...
-DEC

14884.
14991.
15381.
15807.
16214.

-17.
107.
390.
426.
407.
474.
327.

1651.
1717.
1954.
2178.
2305.
2376.
2364.
2395.
2498.
2747.
2919.
3143.

1980-JAN...
-FEB...
-MAR...
-APR...
-MAT...
-JUN...
-JUL...
-AUG...
-SEP..
-OCT...
-NOV...
-DEC..

18184.
18410.
18953.
19498.
19857.
20195.
20230.
20097.
19911.
19400.
19119.
19636.

335.3
337.4
34 1 . 7
345.5
348.4
350.4
351.3
351.2
350.6
347.9
344.9
342.8

9 . 0

40.
153.
203.
279.
403.
339.
195.
109.
-211.
-142.
300.

12140.
12273.
12583.
12929.
13333.
13749.
14038.
14133.
14069.
13789.
13471.
13454.

1978-JAN...
-FEB...
-MAR...
-APR...
-MAT...
-JUN...
-JUL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

1983-JAN..
-FEB..
-MAR..
-APR..
-MAT..

16688.
17015.
17242.
17452.
17491.
17520.
18045.

19643.
20039.

20612.
21137.
21639.

22126.
22449.
22441.
22315.
21884.
21250.
2104 2.

-281.

226.
211.
39.
30.
524.
140.

226.

543.
545.
359.
338.
35.
-133.

-186.

-511.

-282.
518.

7.
396.
573,
524.
502.
487.
324.

-8.

-127.
-431.
-634.
-207.

1626.
1743.
1847.
1813.
1748.

74
1.

885.
955.
1 130.
1447.

3300.
3419.
3 572.
3691.
3643.
3507.
3215.
2 855.
2459.
1909.
1598.
1592.
1459.
1629.
1659.
1638.
1782.
1930.
2219.
2344.
2404.
2483.
2131.
1406.
843.

20101.

-556.
-30.
265.
259.
339.
578.
225.
-45.
-203.
-547.
-864.
-362.

-155.
-319.
-228.
-326.
-364.
-440.
-556.
-787.
-941.

19498.
19367.
19486.
19609.
19813.

-603.
-131.
119.
123.
204.

-989.
-1090.
-1236.
-1372.
-1507.

20487.
20457.
20722.
20981.
21320.
21898.
22123.
22077.
21875.
21328.
20463.




48
1.
110.

PERCENTAGE
CHANGE
FROM
PREVIOUS
TEAR

PERCENTAGE CHANGE
FROM PREVIOUS
I
1-

-56.
133.
310.
346.
404.
416.
289.
95.
-63.

1977-JAN...
-FEB...
-MAR..
-APR.. . . I
-MAT.. • • I
-JUN... -1
-JUL...
-AUG...
-SEP...
-OCT...
-NO ? . . .
-DEC...

1
1 9 8 1 - J A N . . .. - I
-FEB.. • -I
- MAR..,- . 1
— A P R * .. . I
-MAT.. - - I
-JUN.. -.1
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC.. . . I
I
1982-JAN.. • - I
-FEB..
-MAR. .
-APR..
-MAT..
-JUN. .
-JUL. .
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

AVERAGE S I T E

NUHBER OF BORROWERS
PERCENTAGE CHANGE
FROM PREVIOUS

MILLIONS OF DOLLARS

- . 5
1. 1

13.3
13.4

2 .
2.
3.
3.
2.
.

13.2
13.2
13.9

5

8
1
1
1
7

- . 4

1.5

2.0
2 . 9
2 . 4
1. 3
- 7
- 1 . 4

-1.0
2. 1
- . 1
. 7

2.6
2. 8
2.6
2. 9
2 . 0
1. 3

1.2
. 2
. 2
3 . 0

. 8
1.2
2 . 9
2 . 9

1.8
1.7

14.5
15.2
14.7
1
1
1
1

4.
3.
2.
0.

12-9
14.6

16.0
16.6
16.6
16. 1
16. 1
16. 7

18.6
20.0

21. 1

22. 2
22.8
2 3 . 2
2 3 . 3
2 2 . 5

21.0
14. 1
10.9
9. 1

- 1 . 5
2 . 7

16.6

8.8

. 0

8. 8
8.8

2 . 9
2 . 5
2 . 4

2. 2
1.5
- . 0

8.4
9 . 0
9 . 6
1 1.0
11.7

4. 3

369.3
369.0
370. 1
371.6
372.7
373.4
373.0
371. 6
369. 8
366.4
360.8
356.0

3 7 5 . 6

2. 1
. 5
- . 7
- 1 . 5
- 1 . 0
- 1 . 5

- . 2
- . 9

-1.6
-2.0

- 2 . 5
- 4 . 1

- 2 . 5
- 3 . 7

-1.8

- 4 . 5

- 3 . 0
- . 7

.6
.6
1.0

1.9

2.2

-.1
.6

2. 1

1.3

2.2

1. 1

2
2
2
2

. 9

.6
.2
-.0
-.2
-.8

.
.
.
.

3
4
5
4

2 . 4

2. 1

-2.6

1.0

- . 3

. 2
- . 1
- . 3

371.9

1.6

2.1
2.1

.7

7 . 2

2 . 7

1.6

- . 9

1.3
.6

-1.0

- . 1
1.3
1.3

- . 3
- . 7

1.8

- 2 . 9

- 1 . 9

1.4

.1
.6

12. 1
12.8
11. 1

-. 6

.0

- . 5

365.7
369.2
373.8
377.3
380.6
382.8
383.2
383.0
381.5
379.5

8. 0

2.0

. 3

1.0
1.2

-.6

358.7
360.9
365.1
370.2
372.6
373.6
373. 1
372.4
370. 3
367. 1
364.8
364.8

18.9

-2.6

.9
. 9

. 7
. 5

2
2
2
2

345.8
346.9
350.0
353.2
356.4
358.5
359.3
358.0
360.0
358.8
357.3
358.0

12.5

- . 9

-.2
.2

3 5 3 . 4

4
0
3
9
4
8

. 2
- . 7

. 7

1.2
1.0

341.2
341.7
343.7
346.2
348.0
349. 3
350.5
351.3
350.8
348.8
346.3

2
3
4
3

4 . 3
4. 1
4 .
5 .
6.
6 .
8 .
10.

-.2

352.0
350.3
349.3
349. 1
349.0

- 4 . 8
- 5 . 3
- 6 . 0
- 6 . 5
- 7 . 1

1-

- . 9

. 5
. 4
. 3

.2
-. 1
-.6

.
.
.
.

5
4
4
1

- . 2
.0
.
.
.
3 .

- . 7

1
3
4
1

-2.2

1.4

. 3
. 9
.9

1.8
2.0

1.5

.9
.6
.2

2 . 4

2.6
2.5

- . 4

1.9

.6

2.6

- . 3
- . 4

2 . 9

.2

3 . 2
1.3

.2
.6
1.2

4 . 0
4 . 3

3 . 7

4.8

1.4

.6

4 . 5

. 3

4 . 2
3.8
4 . 0

- . 1

-.2

2 . 9

- . 5
- . 9

2 . 3
2. 1
1.9

-. 6
.0

2.0

.2
1.0
1.2
.9

2 . 3
2 . 4
1.9

.8
.6

2.1
2.4

.1

2 . 7

- . 1
- . 4
- . 5

3 . 0
3.4

2.8

-1.0
-1.0
- . 7
- . 1
.3
.4

3 . 0

1.9
1.0
-. 1
-1.0
- 1 . 5

. 3

-2.0

.2

-

- . 1
- . 4
- . 5
- . 9

2
2
3
3

. 4
. 7
. 0
. 1

- 1 . 5
- 1 . 3

- 3 . 5
- 3 . 9
-4 . 3

-1.1

- 4 . 7

- . 5
- . 3
- . 1

-.0

- 5 . 1
- 5 . 6
- 6 . 1
- 6 . 4

32646.
32761.
33250.
33815.
34415.
35106.
35552.
35926.
36036.
35837.
35591.
36338.
36207.
36373.
36828.
37424.
38266.
39233.
39961.
40237.
40130.
39637.
39064.
39253.
38788.
38850.
39067.
39366.
39971.
40971.
41806.
42261.
42625.
42274.
42164.
42162.
43045.
43218.
43945.
44754.
45494.
46544.
47358.
48166.
48482.
48749.
49032.
50399.
50699.
51015.
51905.
5267553299.
54049.
54223.
53972.
53766.
52854.
52406.
53822.
53712.
54276.
55144.
56016.
56891.
57800.
58586.
58600.
58498.
57671.
56573.
56577.

546
57^

13.0
11.3

10.8

10.6
10.8
11.0
11.4
12.4
13.0
12.9
12. 3

11.2
10.9

11.0

10.8
10.7
11.2

11.8
12.4

12.0
11.4

10.6
9 . 8

8.0
7. 1

6.8
6. 1
5 . 2
4 . 5
4 . 4
4 . 6
5.0

6.2
6 . 7
7 . 9
7 . 4

11.0
11.2
12.5
13.7
13.8
13.6
13.3
14.0
13.7
15.3
16.3
19.5
17. 8

18.0
18. 1
17.7
17.2

16. 1
14.5

12. 1
10.9
8 . 4
6 . 9

6.8
5 . 9
6. 4

6.2
6 . 3
6. 7
6 . 9

8.0
« . 6
P. 8
9. 1

8.0
5. 1
3. 3

55436.
55997.
56464.
57199.
58636.
59307.
59616.
59154.
58216.
56717.
56466.

2. 1
1.5
. 8

55399.
55294.
55781.
56178.
56770.

- . 1
- . 3
4

. 5
1.4
1.?
1.4
1. 1
. 9
. 3
- . 2

- . 5

-.7

TABLE 2 1 1 . 2 M

PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS OUTSTANDING
SEASON A L L Y - A D J U S T E D DATA
AMOUNT
MILLIONS

OF
MONTH

END

|
|

|
-FEB
|
-MAR....|
- APR....|

I
|

|
END OF
MONTH

1 9 7 6 - JAN

OF DOLLARS

11052.

CHANGE PROM P R E V I O U S |

1

1

t
MONTH
1..—iSAARl

YEAR

t

MONTH

1 - —ISAAEL

- JUN. . . . |
—JUL....|

11787.

—AUG.. . . |

11957.

-SEP... .|
-OCT
|
-NOV
1

12069.
12223.
12315.
12406.

1481.
1141.
1883.
1845.
1510.
1463.
1525.
2208.
1421.
1983.
1157.
1136.

12521.
12652.
12801.
12965.
13180.
13377.
13570.
13701.
13760.
13832.
13833.
13682.

1452.
1664.
1907.
2109.
2825.
2569.
2519.
1650.
731.
888.
8.
-1703.

1532.
1628.
1710.
1784.
1744.
1691.
1609.
1517.
1276.

13.3
15. 1
16.5
21.8
19.5
18.A
12. 2
5.3
6.4
. 1
-12.3

13648.
13694.
13668.
13673.
13761.
13931.
14163.
14390.
14618.
14777.
14981.
15162.

-408.
564.
-302.
53.
1095.
2184.
3056.
2980.
2978.
2033.
2642.
2324.

1126.
1042.
867.
708.
581.
554.
593.
689.
857.
945.
1148.
1480.

-3.0
4. 1
-2.2
.4
8.0
15.9
21.9
21.0
20.7
13.9
17.9
15.5

- D E C . . . . |

18386.

2465.
1531.
2382.
2510.
2393.
2507.
2646.
3516.
4553.
6574.
6175.
5725.

1706.
1782.
1993.
2184.
2283.
2308.
2281.
2322.
2434.
2744.
2986.
3224.

16.3
10.0
15.4
16.0

-NOV....#

15354.
15476.
15662.
15857.
16044.
16239.
16445.
16712.
17051.
17521.
17967.

5208.
3263.
3621.
3366.
1038.
-244.
-1068.

3419.
3549.
3641.
3707.
3604.

-MAY. . - . 1

-DEC

1977-JAN
-FEB

|

|
1

- M A R . . . . |
- A P R . . . . |
- H A Y. . . . |

-JUN. . . . |
-JUL....|
— AUG. . . . |
- S E P . . . . |
- O C T . . . . |

-NOV... . |
- D E C . . . . |

1978-JAN. . . . |
-FEB
1
—NAR. . . . |
-APR
|
- M A Y . . . . |

-JUN. . . . |
-JUL. . . . |

-OCT. . . . |
-NOV....|
-DEC
1
1979-JAN.... 1
-FEB. - - - |
- M A R . . . . |

-APR....|
-JUN....J
-JUL. . . . |
- A U G . . . . |
-SEP.

1

-OCT. . . . 1

1980-JA N
-FEB

I
1

- H A R . . . . |
- A P R . . . . |
- M A Y . . . . |
—JUN. . . . |
-JUL
|
—A U G . . . . |
- S E P . . . . |
-OCT. . . . 1

-NOV

1

-DEC

|

1981—JAN.
-FEB

|
|

— HAR. . . . 1

-APR. . . . |
—MAY...-1

—AUG....|
- S E P . . . . |
-OCT. . . . 1
- N O V . . . . |
-DEC
I

1982-JAN. . . . |
- M A R . . . . |

—APR....|
—JUN. * . . |
—AUG....|
-SEP
|
-OCT

|

-NOV
|
-DEC....*
1983—JAN. . . . |
-FEB
1
— MAR. . . . |
- A P R . . . . |




11143.

11289.
11432.
11551.
11667.

18772.
19025.
19303.
19563.
19648.
19627.
19536.

19476.
19449.
19422.
19597.
20037.

- 7 1 0 .

-321.
-314.
2196.
5984.

1198.
1128.
1 152.
1223.
1249.
1290.
1325.
1445.
1522.
1586.
1551.
1470.

13.5
10.3
16.9

1469.
1509.

1 1.7

1512.

BORROWERS

16.3

13.2
12.7
13. 1

18.7
1 1.9
16.4
9.5
9.2

YEAR
——————— 1

12.2

334.3

11.3

1

334.7

1 1.4
12.0
12. 1
12. 4
12.7

1
|
1

335.3
336.0
336.7

1

3 3 7 . 3

1
1
|
1
|
I

338.1
338.7
339.1
340.0
341.1
340.6

14.7
15. 1
14.6
14.0
13.2
12.3
10.3

I
1
I
I
|
|
I
I
I
I
|
|

341.2
341.8
342.9
344.0
345.0
345.9
346.7
347.1
347.9
347.9
349. 1
347.5

9.0
8. 2
6.8
5.5
4.4

|
|
1
|
1

346.9
346.1
345. 1
345.0
344.7

I

3 4 4 . 9

1
I
I
I
I
1

346. 1
347.3
348.2
348.6
350.2
358. 1

\
|
I
I
1
|
1
1
I

351.4
351.3
351.6
352.1
353.2
354.1
354.9
353.9
357.4

13.7

14.4
14.9
14.4

13.4
13.3
13.5
13.4
13.4
14. 1

4. 1
4.4

5.0
6. 2
6.8
8. 3
10.8
12.5
13.0

14.6
16-0

15. 1

16.6

15.6
16.3
21.4
27.2
38.6

16.6
16. 1
16. 1
16.6
18.6
19.9
21.3

3 5 . 2
31.9

1

|

MONTH
—1SAARL

—————

CHANGE
FROM
PREVIOUS
YEAR
—

33065.
33294.
33667.
34025.
34311.
34590.
34863.
35299.
3558A.
35953.
36101.
36422.

13. 1
11.5
11.0
10.9
1 1. 0
11.1
11. 2
12. 1
12.6
12. 8
12. 3
11.2

2.0
2.2
3.9
3.8
3.8
3.0
2.6
1.4
7.8
.2

2.1
2. 1
2.3
2.4
2.5

|
I
1
|
1
I
1
|
1
1
1
|

36699.
37015.
37331.
37690.
38196.
38671.
39146.
39475.
39555.
39756.
39624.
39375.

11.0
11.2
10.9
10. A
11.3
11. A
12.3
11. 8

|
|
1
1
|
|
1
1
I
1
|
1

39346.
39570.
39606.
39633.
39916.
40387.
40927.
41439.
41976.
42390.
42779.
42339.

7.2
6.9
6. 1
5.2
4.5
4.4
4.6
5.0
6. 1
6.6
A. 0
7.5

1.9
2. 1
2.4
2.7
2.6
1.9
2.6
2.8
3.1
1.3

|
1
I
|
|
I
|
I
1
1
|
1

43695.
44052.
44546.
45032.
45427.
45859.
46338.
47219.
47709.
48876.
49770.
50686.

1 1. 1
11.3
12.5
13.6
13.8
13.<
13.2
13.9
13.7
15.3
16. 3
19.7

3.7
4.0
4.4
4.9
4.6
4.2
3.8
4.0
2.9
2.3
2.0
1.9

1
|
|
1
|
I
1
1
I
1
I
1

51503.
52047.
52598.
52972.
53185.
53212.
53027.
52909.
52899.
52978.
53221.
54199.

17.9
18. 1
1 A. 1
17.6
17. 1
16.0
14. 4
12.0
10.9
8.4
6.9
6.9

2.0
2.3
2.3
1.9
2.0

1
I
I
|
1
|
|
I
|
1
|
1

54592.
55433.
55873.
56308.
56731.
56853.
57267.
57432.
57540.
57797.
57474.
57031.

6.0
6.5
6.2
6.3
6.7
6. 8
8.0
8. 5
8. A
9. 1
8. 0
5.2

-1.0
-1.5
-2.0
-2.5
-2.7
-3.0
-3. 1
-3.5
-4.0
-4.3

\
1
|
1
|
|
|
f
I
1
I
1

56415.
56665.
56741.
56754.
57002.
57643.
57953.
58219.
58181.
58335.
57630.
56944.

3.3
2.2
1.6
.8
.5

-4.7
-5. 1
-5.6
-6. 0
—6. 3

1
|
|
|
1

56359.
56533.
56522.
56474.
56561.

4.1

-5.4
- 2 . 1
- 2 . 7

-3.3
4
-.8
.7
3.9
4.3
3.4
1.2
5.7
30.A
-20.4
-.3
.9
1.8
3.6
3.2
2.6
-3.2
12.4
3.7
8.8
6.0

364.5
365.5
367.0
369.3
369.4
368.9
368.4
368.1
367.7
366.6
368.2
369.7

5.9
3.5
4.9
7.9
.4
-1.8
-1.4
-1.0
-1.4
-3.4
5.4

4.9

20720.

5860.

3363.
2611.
2404.
1526.
2290.
879.
551.
1302.
-1508.
-3117.

1514.
1696.
1679.
1624.
1731.
1874.
2148.
2280.
2352.
2484.
2180.
1462.

16. 1
28.9
16.2
12.4
11.3
7. 1
10.7
4. 1
2.5
6.0
-6.9
-14.3

8. 1
8.9
8.7
8.3
8.8
9.5
11.0
11.7
12. 1
12.8
11. 1
7. 3

I
1
1
|
1
1
|
|
|
|
1
|

371.6
373.8
375.5
376.3
376.8
378.2
378.6
378.8
378.9
379.0
378.9
377-0

6.4
7.3
5.7
2.4
1.8
4.4
1.4
.5
.3
.5
-.4
-6.0

21175.
21 1 7 0 .
21097.
21034.
21051.
21266.
21360.
21398.
21370.
21345.
20970.
20551.

-3578.
-55.
-862.
-747.
212.
2724.
1153.
470.
-343.
-297.
-4091.
-4502.

888.
450.
115.
-154.
-327.
-236.
-324.
-357.
-432.
-562.
-807.
-947.

-16.6
-.3
-4. 1
-3.5
1.0
12.9
5.4
2. 2
— 1.6
-1.4
-19.2
-21.5

4. 4
2.2
.5
-.7
-1.5
-1. 1
-1.5
-1.6
-2.0
-2.6
-3.7
-4.4

1
1
|
I
I
|
1
1
1
I
1
I

375-3
373.6
371.8
370.6
369.3
368.9
368.6
367.6
367.3
365.9
363.9
360.9

-5.0
-5.4
-5.6
-3.8
-4.2
-1.2
- 1 . 1
-3.3
-.8
-4.5
-6.5
-9.3

20167.
20051.
19846.
19670.
19570.

-4166.
-1343.
-2331.
-2012.
-1169.

-1008.
-1119.
-1251.
-1364.
-1481.

-20.3
-6.7
-1 1.6
-10. 1
-5.9

-4.8
-5.3
-5.9
-6.5
-7.0

1
1
I
|
I
_1

357.8
354.7
351.1
348.3
346.0

3216.

1
1

|
1
1
I
|
1
|
I
1
1
1
|

3 5 8 . 5

10.9
9. 1
9.0

YEAR

PERCENTAGE"*

DOLLARS

-.8
-.2
.3
1.0
1.0
1.2
1.3
1.4
1.6
1.8
1.9
2.0

361.0
362.8

3092.
2764.
2398.
1902.
1629.
1650.

AVERAGE S I 7 . E

.8
1.6
2.3
2.5
2.4
2.3
2.9
2.1
1.5
3.0
4.2
-1.8

|

1
1
|
1
I
I
|
1
1
1
I
1

1
I

1

1
I

22.3
22. 9
23.3
23.4
22.5
20.9
18.8
16.5
14. 1

PERCENTAGE CHANGE
FROM P R E V I O U S

20982.
21188.
21378.
21502.
21684.
21756.
21801.
21907.
21777.
21498.

20287.

|
1

1
1
1
1
1 THOUSANDS!
1
1

28.3
17. 4
19.0
17.4
5.3
-1.2
-5.4
-3.6
-1.7
-1.6
11.3
30.5

3388.

NUMBER OF

1

PERCENTAGE CHANGE
FROM P R E V I O U S

-9.7
-10.1
-11.4
-9.2
-7.7

2.6

2.5
2.5
2.6
2 . 3

2.3
2.0
1.7

1.2
.6
.3
-. 1
-. 3
-.2
. 1
. 1
.?
.3
1. 1
1.3
1.5

2 . 5

2.8
2.9
3. 1
3.4
2.9
2.0
1.0
- . 1

_i

1 1. 1

10.6
9.8
A. 1

1. 4

1.2
1.4
1. 1
.9
.3
-.2
- .

1

-.2
- . 4

-.5
8

6
TABLE

212.1M
PRODUCTION CREDIT
L O A N S M A D E AND
LOANS
MILLIONS
OF
DOLLARS

MONTH

1
|

MADE

P E R C E N T A G E CHANGE
FROM P R E V I O U S

PERCENTAGE

MONTH

YEAR

STANDING*

1795.

- 1 1 . 2

13.6

-FEB. . . .
- M A R . . . .
- A P R . . . .

1594.
1932.
1711.
1412.
1439.
1177.
1 178.
1169.
121 1.
1488.
2147.

- 1 1.2
2 1 . 2
- 1 1 . 3
- 1 7 . 6
1.9
- 1 8 . 2
. 1
- . 8
3 . 6

12.8
3 2 . 6
18.3
12.3
19. 1
3.6
20. 1
9 . 9
- 2 . 0
2 4 . 5
6 . 2

17.
15.
18.
15.
12.
12.
10.
10.
9.
10.
12.
18.

.
.
.
.

1974.
1830.
2196.
1874.
1652.
1615.
1292.
1281.
1284.

- 8 .
- 7 .
20.
- 1 4 .
- 1 1 .
- 2 .
- 2 0 .
- .

- O C T . . . .
- N O V . . . .
- D E C . . . .

1326.
1545.
2179.

1 9 7 8 - J A N . . . .
- F E B . . . .

2054.
1912.
2414.
2028.
1909.
1788.
1544.
1593.
1577.
1804.
1967.
2608.

J U N . . . .
JUL. . . .
A U G . . . .
S E P . . . .

- O C T . . . .
- N O V . . . .
- D E C . . . .
1 9 7 7 - J AN. . . .
- F E B . . . .
— MAR. . . .
- A P R . . . .
- J U N . . .
—JUL...
- A U G . . .
- S E P . . .

—MAR....
- A P R . . . .
- J U N . .
- J U L . .
-AUG. .
- S E P . .

.
.
.
.

.
.
.
.

-OCT. . . .
-NOV
- D E C . . . .

-OCT

1980-JAN

—AUG....
- S E P . . . .
-OCT. . . .
- N O V . . . .
- D E C . . . .
1981-JAN
-FEB
-MAR. . .
- A P R . . .
-MAY...
—JUN...
- J U L . . .
- A U G . . .

- S E P . . . .
- O C T . . . .
-NOV
- D E C . . . .

3067
2896
3669
3291
2763

1982-JA N
- F E B . . . .
-MAR. . . .
- A P R . . . .
-MAY....
- J U N . . . .
—JUL. . . .

1983-JAN....

31
25
34
28
25

-FEB. . . .
— MA R . a a •
- A P R . . . .
-MAY....

3
8
0
6
0

9
7
8
2
7

9.
9.
9.
11.
16.
15.

1

169.
205.

1
1
|

222.
206.
193.
174.
163.

1
|
|
|
|

153
131
115
123
189

1
1
I
1
1

.
.
.
.
.

168.

|

209.
219.
217.
206.
198.

1
|
|
|
|

182.
145.

|
|

126.
104.
1 13.
161.

1
1
I
|

|
1
1
1

MONTH

1030.
887.
1170.
1139.
1021.
1130.
912.
896.
896.
904.
1025.
1359.

- 2 1 . 6
- 1 3 . 9
31.9
- 2 . 6
- 1 0 . 3
10.6
- 1 9 . 3
- 1 . 7
- . 1
1.0
13.4
32.6

1122.
1007.
1310.
1211.
1203.
1227.
1001.
979.
962.
999.
1053.
1345.

- 1 7 . 4
- 1 0 . 2
30.0
- 7 . 5
- . 6
2.0
- 1 8 . 5
- 2 .
- 1 .
3.
5.
2 7 .

1
8
9
4
8

1176.
1040.
1447.
1285.
1374.
1409.
1218.
1243.
1238.
1420.
1439.
1746.

- 1 2 .
- 1 1 .
39.
- 1 1 .
6.

5
6
1
2
9

1679.
1379.
1838.
1783.
1760.
1748.
1574.
1497.
1508.
1937.
1888.

- 3 .
- 1 7 .
33.
- 3 .
- 1 .
- .
- 1 0 .
- 4 .
.
28.
- 2 .
21.

|
1
|
|
|

13.
11.
11.
11.
12.
13.
18.

176.
175.
151.
139.
1 10.
124.
180.

|
1
|
1
|
|
1

3 1 . 3
2 3 . 0
19.7
2 9 . 3
23.2
20. 1
27. 1
19.9
19.2
35.3
2 7 . 9
2 4 . 9

18.
16.
19.
17.
15.
13.
12.
11.
11.
14.
14.
19.

158.
183.
199.
191.
173.
167.
156.

|
|
|
|
|
|
|

149.
144.
128*
135.
182.

|
J
|
|
|

27. 1

19.

163.

|

2 6 . 8
10.9
13.6
10.0
13.2
10. 1
- . 0
11.0
- 1 . 9
- 7 . 3
16.4

16.
17.

195.
213.

|
|

16.
13.
12.
11.
9.
10.
12.
12.
20.

211.
174.
161.
133.
123.
117.
102.
1 19.
178.

|
|
|
|
1
|
|
|
1

3 . 9
8.2
17.9
18.3
8 . 3
12.6
18.5
8.4
4 . 8
- 3 . 8
- 1 . 7
- 4 . 8

18.
16.
19.
17.
13.
13.
12.
9.
10.
10.
10.
17.

153.
213.
206.
195.
183.
167.
156.
128.

1
|
|
|
|
|
|
|

120.
106.
100.
141.

1
f
1
|

2404.
2323.
2033.
2116.
1948.
1596.
1688.
1733.
1646.
2365.

- 1 5 . 0

- 1 3 . 9

—5.6
2 6 . 7
- 1 0 . 3
- 1 6 . 0
3. 5
- 2 2 . 4
- 4 . 6
- 1 . 8
- 2 . 3
14.3
39. 1

- 1
-

15.
14.
18.
16.
13.
13.
10.
10.
9.
9.
11.
16.

1
1
1
1

.
.
.
.

|
|
|
|

1876.
1570.
2131.
1986.

185.
185.
153.

I
|
|

132.
1 17.
99.

1
|
|

92.
134.

|
|

1852.
2155.
1685.
1565.
1582.
1528.
1652.
2119.

123.
170.
194.
187.

1
|
|
|

1
1
1
1

6.
9.
0.
7.

- 8 . 2
- 2 7 . F
34.9

172.

1

1664.

- . 2

4
8
9
3

- 2 . 7
- 1 . 6
2 9 . 9
3. 1
2 9 . 5
5 . 2
- 1 3 . 0
7 . 5
- 1
- 1
- 1

7 . 1
3 . 1
6 . 1
1 . 1
1 . 6
9 . 3
14.7
- 2 . 6
6 2 . 6

- 6 . 1
- 9 . 5
17.2
- 6 . 8
- 2 0 . 4
- 2 . 3
- 6 .
- 1 9 .
5 .
5.
- .
57.

.
.
.
.
.

.
.
.
.
.

5
2
7
4
5
4

- 2 . 8
- 1 7 . 6
31.7
- 1 6 . 0
- 1 2 . 4

0 . 2
2 . 9
6 . 5
1 . 4
4 . 5
- 1 3 . 3
2 . 3
- 5 . 0
- 1 1.9
1.2
- 1 0 . 6

- 1
- 1
-

2.
0 .
7 .
3 .
9 .

16.
13.
18.
15.
13.

3
7
1
0
3

2
8
9
9

6
1
6
2

2285.
2226.
1781.
2044.
1957.

2 . 5
- 1 3 . 6
2. 1
- . 4
14.6
1.4
21.3
8
9
3
0
3
6
0
9
8
4
5
0

- 2 . 6
- 2 0 . 0
14.7

1834.
1828.
1648.
1403.
1583.
1839.
1677.
2636.

- 4 . 2
- 6 . 3
- . 3
- 9 . 8
- 1 4 . 9
12.8
16. 1
- 8 . 8
57. 1

2319.
1906.

- 1 2 . 0
- 1 7 . 8

9
4
9
6

4
0
0
6

LOANS

P E R C E N T A G E CHANGE
FROM P R E V I O U S

146.
191.
191.
187.
174.

- 1 0 . 3
- 8 . 7
- 8 . 6

2861.
2221.
2118.
2079.
2031.
2321.
3229.

- N O V . . . .
-DEC.

16.
15.
18.
15.
13.
12.
9.

TIONS

MILLIONS
OF
DOLLARS

14.
18.
15.
14.

3.
- 1 2 .
2 2 .
- 9 .

3562.
3225.
3780.
3522.
2803.
2738.
2560.
2070.
2188.
2305.
2294.
361 1.

.
.
.
.
.
.

|

4. 1
4 . 5
9.9
8.2
15.6
10.7
19.5
2 4 . 3
2 2 . 8
36.0
2 7 . 3
19.7

26.3
- 1 6 . 0
- 5 . 8
- 6 . 4
- 1 3 . 6
3. 2
- 1 . 0
14.4
9. 1
32. 6

3427.
2981.
3205.
2977.
2588.
2431.
2161.
1909.
2087.
2395.
2333.
3793.

-FEB
-MAR. . . .
- A P R . . . .
-MAY....
—JUN...*

10.0
14. 8
13.7
9 . 3
17.0
12.3
9.7
8.8
9 . 9
9 . 5
3.9
1.5

- 5 . 7
- 6 . 9

2516.
3259.

1979-JAN
- F E B . . . .
-MAR. . . .
— A P Re . . »
-MAY....
-JUN. . . .
-JUL.
-AUG
-SEP

1
3
0
7
8
3
0
8

. 2
3. 2
16.6
41.0

2697.
2350.
2890.
2621.
2352.
2148.
1962.
1910.
1880.
2441.

- N O V . . . .
-DEC... .

22.9
44. 3

OF

OUT-*™ ™ 1 L L E C - !

1976-JAN....

-

NFW

I
AS
"LOANS

I
1

ASSOCIATIONS
NEW L O A N S

26. 1
- 3 . 4
- 1 2 .
4.
- 8 .
- 1 8 .
5.
2.
- 5 .

5
1
0
0
7
7
0

4 3 . 7

YEAR

\

10.2
10.0
3
4
9
4

21.
10.
- .
25.
3.

97.
114.
134.
137.

10.
8.
11.
10.
9.
10.
8.
7.
7.

39.5
23.
16.
21.
6 .

AS~PERCENTAGE'S?

!~LOANS~OUT-~"COLLECTIONS
1
STANDING*

8
6
8
4
4

140.
136.
126.
116.
100.
86.
85.
120.

7.
8.
11.
9.
A.

8 . 9
13.5
12.0
6 . 3
17.8
8.6
9 . 7
9.3
7 . 4
10.5
2.7
- 1 . 0

95.
115.
130.
140.
150.
151.
141.
111.
94.
78.
77.

11.
10.
9.
9.
7.
7.
7.
7.
8.
10.

4 . 8
3 . 3
10.5
6. 1
14.2
14.8
21.7
27.0
28.7
42.1
36.7
29.8

9.
8.
11.
10.
10.
10.
9.
8.
8.
9.
10.
12.

4
3
2
3
2

2
2
7
8
8

7
5
0
8
0

11.
9.
12.
12.
11.

2
2
2
2
3
3
3

4.
9.
0 .
1.
6 .
1 .
0.

1
2
4
8
5
2
9

99.

11.
9.
9.

.
.
.
.
.

84.
104.
114.
1 19.
125.
139.
138.
118.
109.
87.
90.
120.
99.
108.
126.
130.
129.
136.
125.
117.
115.
101.
101.
128.

9.
11.
11.
13.

32.6

12.

106.

2 9 . 2
11.2
9 . 7

10.
11.

117.
135.
138.

10.
9.
9.
8.
7.
8.
9.
9.

4.2
4 . 5
4 . 7
- 6 . 2
5 . 0
- 5 . 1
- 1 1 . 2
15.4

124.
121.
101.
90.
89.
78.
85.
124.

14.

4 . 2
7 . 0

100.
126.
131.
129.
133.

12.
10.
12.
11.
10.
10.
9.
7.
8.

17.6
18.7
10.9
15.8
18.2
13.8
6 . 6
- 5 . 7

129.
119.
99.
93.
80.
72.

8.
8.

- 1 . 9
- 1 0 . 3

1

1.

1.1
- 3 . 5
8. 1
28.3

—6. 3
- 1 1 . 8
.4
- 1 0 . 4

92.

9.
8.
10.
10.
9.

- 2 1 . 8
- 7 . 1

- 1 9 . 1
-17.FI
- 1 1 . 4
- 1 4 . 5
- 8 . 9
1.8
- 1 3 . 5
- 1 . 9

7.
7.

- 2 0 . 7
- 1 6 . 3
35.7
- 6 . 8
- 6 . 7
16.4

- 1 2 . 3

77.
98.
114.

116.
124.
140.
116.
98.
89.
74.
66.
88.

10.
8.
7.

8.
10.

3 . 7

10.
9.

10.
7.

- 1 6 . 0
- 1 0 . 2

76.
92.
108.
10O.

8.

- 1 0 . 2
- 1 0 . 8

114.

-1.
•

LOANS

"NEW

OUTSTANDING

LOANS"

ABE

AT

END

COMPUTED




AS

OF

PRECEDING

LOANS

MADE

MONTH.
LESS

RENEWALS.

RENEWALS

INCLUDE

SOME

NONAGRICULTURAL

IOANS

(SFE

NOTE

01

PAGE

1) .

TABLE 2 1 2 . 2 1 1
PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS MADE AND NEW LOANS
SEASONALLY-ADJUSTED ANNUAL RATE
--

LOANS MADE
MONTH

MILLIONS
OF
DOLLARS

|
|
J

PERCENTAGE CHANGE
FROM P R E V I O U S

AS PERCENTAGE OF

|
|
1 LOANS OUT1
STANDING*

NEW LOANS

i
|

MILLIONS 7 ~PEPCENTAGE~CHANGE"" 1
AS PERCENTAGE OF
OF
|
|
FROM P R E V I O U S
COLLEC- 1
DOLLARS 1
|~LOANS~OrTT-~ ~COLLECMONTH
TJONS
1
YEAR
1
STANDING*
I
1
169.
|
11674.
-9.3
11.3
107.
112.
11777.
.9
165.
1
12.4
107.
110.
171.
|
12387.
37.6
5.2
111.
116.
169.
|
12869.
3.9
21.5
114.
117.
167.
1
11980.
-6.9
15. 1
114.
105.
154.
1
12842.
7.2
21.0
111.
106.
179.
|
12060.
-6. 1
6.7
103.
12?.
174.
|
2.9
12414.
22.6
105.
118.
167.
|
1.7
12620.
10.4
106.
114.
165.
|
11404.
.9
-9.6
94.
1 1 1.
162.
|
12916.
25.7
13.3
106.
109.
169.
|
13339.
3.3
3.6
108.
113.

MONTH

TEAR

1976-JAN
-FEB....
-MAR
-APR
-MAY... .
- J O N. . . .
-JUL....
-AUG....
-SEP....
-OCT....
-NOV
-DEC

17637.
17688.
18360.
1858 1.
17530.
18596.
17719.
18339.
18497.
16856.
19232.
19850.

-5.6
.3
3. 8
1. 2
-5.7
6. 1
-4.7
3.5
.9
-8.9
14. 1
3.2

14.4
13.2
30.5
16.3
11.2
18.8
4. 1
20.6
9.9
.3
25.6
6.3

161.
160.
165.
165.
153.
161.
152.
156.
155.
140.
157.
161.

1977-JAM
-FEB. . . .
-MAR. . . .
—APR....
-MAY....
-JUN
—JUL....
— AUG. e . .
-SEP....
-OCT....
-NOV....
-DEC... .

19*79.
20328.
20578.
20110.
20291.
20818.
19588.
20084.
20355.
18706.
20184.
20164.

-1.9
4.4
1. 2
-2. 3
.9
2.6
-5.9
2.5
1.3
-8. 1
7.9
-. 1

10.4
14.9
12.1
8.2
15.8
1 1.9
10.5
9.5
10.0
1 1.0
4.9
1.6

157.
162.
163.
157.
157.
158.
146.
148.
149.
136.
146.
146.

170.
169.
169.
176.
180.
178.
196.
163.
159.
150.
150.
144.

I
|
|
|
f
|
|
|
1
1
1
1

12721.
13461.
13719.
13564.
13981.
13907.
13338.
13735.
13579.
12693.
13283.
13205.

-4.6
5.8
1.9
-1.1
3.1
-.5
-4 . 1
3.0
-1.1
-6.5
4.7
—. 6

9.0
14.3
10.8
5.4
16.7
8.3
10.6
10.6
7.6
11.3
2.8
-1.0

103.
108.
108.
106.
108.
106.
100.
101.
99.
92.
96.
95.

111.
112.
113.
119.
124.
119.
134.
112.
106.
102.
99.
94.

1978-JAN. . . .
-FEB....
—MAR....
-APR....
-MAY... .
-JUN... .
-JUL. . . .
—AUG....
-SEP....
-OCT....
-NOV....
-DEC....

20274.
21168.
22440.
21597.
23308.
23076.
23428.
25233.
24949.
25610.
25909.
24 1 5 3 .

.5
4.4
6. 0
-3.8
7.9
-1.0
1.5
7.7
-1. 1
2.6
1.2
-6.8

4. 1
4. 1
9.0
7.4
14.9
10.8
19.6
25.6
22.6
36.9
28.4
19.8

148.
155.
164.
158.
170.
168.
168.
178.
173.
175.
175.
161.

150.
154.
148.
151.
152.
160.
188.
170.
174.
160.
166.
161.

|
|
1
|
1
1
1
1
|
1
|
|

13232.
13876.
15066.
14351.
15919.
16065.
16235.
17694.
17513.
18082.
18133.
17096.

.2
4.9
8.6
-4.7
10.9
.9
1.1
9.0
-1.0
3.3
.3
-5.7

4.0
3. 1
9.8
5.8
13.9
15.5
21.7
28.8
29.0
42.5
36.5
29.5

97.
102.
110.
105.
116.
117.
117.
125.
122.
124.
123.
114.

98.
101.
99.
100.
104.
111.
130.
119.
122.
113.
116.
114.

1979-JAN....
-FEB....
—MAR... .

26556.
26024.
26806.
27700.
28629.
27757.
29687.
30491.
29685.
34636.
33592.
30212.

9.9
-2. 0
3.0
3. 3
3.4
-3.0
6.9
2.7
-2.6
16.7
-3.0
-10. 1

31.0
22.9
19.5
28.3
22.8
20.3
26.7
20.8
19.0
35.2
29.7
25. 1

175.
169.
173.
177.
181.
173.
183.
185.
178.
203.
192.
168.

163.
147.
153.
153.
151.
152.
166.
168.
178.
186.
183.
164.

|
|
t
1
1
|
1
\
\
|
1
1

18646.
18352.
19128.
19878.
20453.
20117.
20899.
21556.
21346.
24638.
23928.
22202.

9.1
-1.6
4.2
3.9
2.9
-1.6
3.9
3. 1
-1.0
15.4
-2.9
-7.2

40.9
32.3
27.0
38.5
28.5
25.2
28.7
21.8
21.9
36.3
32.0
29.9

123.
120.
124.
127.
129.
125.
129.
131.
128.
144.
137.
124.

115.
104.
109.
110.
108.
110.
117.
119.
128.
132.
130.
120.

33625.
33136.
29690.
31179.
31490.
3146 8.
32467.
30704.
32895.
33960.
31521.
35114.

11.3
-1. 5
-10.4
5. 0
1.0
-. 1
3. 2
-5.4
7. 1
3.2
-7.2
11. 4

26.6
27.3
10.8
12.6
10.0
13.4
9.4
.7
10.8
-2.0
-6.2
16.2

183.
177.
156.
162.
161.
160.
165.
157.
169.
175.
162.
179.

170.
155.
162.
167.
152.
148.
141.
140.
145.
148.
163.
161.

|
|
I
f
|
|
1
|
|
|
|
|

24348.
23778.
21298.
21804.
21465.
21228.
21675.
20446.
22379.
23358.
21386.
25385.

9.7
-2.3
-10.4
2.4
-1.6
-1. 1
2. 1
-5.7
9.5

30.6
29.6
11.3
9.7
4.9
5.5
3.7
-5. 1
4.8
-5.2
-10.6
14.3

132.
127.
112.
113.
110.
108.
110.
105.
115.
120.
110.
130.

123.
112.
116.
117.
104.
100.
94.
93.
99.
102.
110.
116.

34 86 8 .
36033.
34900.
36587.
34157.
35440.
38323.
33492.
34449.
32640.
31315.
33407.

-.7
3. 3
-3. 1
4.8
-6. 6
3.8
8. 1
-12.6
2.9
-5. 3
-4. 1
6. 7

3.7
8.7
17.5
17.3
8.5
12.6
18.0
9. 1
4.7
-3.9
-.7
-4.9

174.
178.
168.
174.
161.
166.
178.
154.

1
|
1
|
1
|
|
|
|
|
|
|

25074.
25523.
25064.
25851.
23966.
24709.
25481.
23467.
23813.
22001.
21126.
22602.

-1.2
1.8
-1.8
3.1
-7.3
3.1
3. 1

125.
126.
121.
123.
113.
116.

112.
109.

150.
143.
153.

161.
168.
156.
154.
158.
154.
165.
147.
149.
154.
139.
128.

30014.
32527.
33716.
34008.
33756.
36950.
33157.

-10.2

140.
154.
159.
161.
160.
176.
156.
161.
153.
135.
149.
142.

133.
142.
147.
150.
159.
171.
162.
153.
145.
143.
129.
122.

|
|
|
|
|
|
1
|
|
|
I
|

20151.
21133.
22196.
22108.
21936.
25197.
21935.
23140.
22260.
19428.
21305.
20119.

-10.8
4.9
5.0

150.
144.
156.
149.
156.

131.
132.
145.
146.
147.

|
|
|
|
|

20918.
19017.
19748.
18584.
19791.

1

-MAY....
-JUN....
—JUL. . . .
-AUG
-SEP....
-OCT. . . .
-NOV....
-DEC....
1980-JAN....
-FEB....
-MAR....
—APR....
—MAY... .
—JUN. . . .
—J U L . . . .
— AUG- . . .
-SEP. . . .
-OCT....
-NOV
- D E C . . . .

1981-JAN
-FEB

-MAR
- A P R . . . .
-MA Y. . . .
- J U N . . . .
—JUL. . . .
—SEP. . . .
- O C T . . . .
- N O V . . . .
-DEC. . . .

31898.

-MAP....
—APR....
—JU H . . . .

-6.5

-13.9
-9.7
-3.4
-7.0
-1.2
4.3
-13.5
2.9
-5.2
-1 1.8
1.9
-10.8

30786.
29109.
31208.
29506.
30706.

-FEB

- 1 1 . 9
10.9

29811.

1982-JAN....

3.3
-5.4
7. 2
-5.5
4. 1

2.6
-10.5
-7.4
-13.2
-9.0

-AUG. . . -

-.7
9. 5
- 1 0 . 3

3.9
-5. 2

32664.
28773.

- O C T . . . .
-NOV

-DEC....
1983-JAN
-FEB
—MAR...-

-APP
-MAY
L

•

. 9

34455.

-SEP....

8.4

3.7

.

158.

AT END OF PRECEDING

1.5
-7.6
-4.0
7.0

- . 4

-.8
14.9
-12.9
5.5
-3.8
-12.7
9.7
-5.6

MONTH.

"MEW LOANS" ARE COMPUTED AS LOANS MADE L E S S RENEWALS, AND THEN SEASONALLY
RENEWALS I N C L U D E SOME N ON AGRICULTURAL LOANS ( S E E NOTE ON PAGE 3) .




- 7 . 9

—1-

-

S E A S O N A L L Y - A D J U S T ED LOANS OUTSTANDING

4.4

-8.4
18.7

ADJUSTED.

3.0
7 . 3

17.7
18.6
11.7
16.4
17.6
14.8
6.4
-5.8
-1.2
-11.0
-19.6
-17.2
-11.4
-14.5
- 8 . 5

2.0
- 1 3 . 9

-1.4
-6.5
-11.7
. 8

-11.0

4.0
-9. 1
3.8

3.8
-10.0
-11.0

- 5 . 9

- 1 5 . 9

6.5

-9.8

119.

108.
104.
101.
96.
104.

116.
119.

111.

107.
110.
103.
103.
104.
94.
87.

94.

90.

100.

9.1.

105.

97.

105.
104.
120.
103.
108.
104.

98.
103.

91.

96.
86.
83.

100.
96.
102.
94.

98.
94.
101.

117.

107.
103.
99.

89.
86.
92.
92.
95.

8
TABLE

212.3M

PRODUCTION CREDIT ASSOCIATIONS
L O A N S M A D E A N D NEW L O A N S
TWELVE-MONTH MOVING T O T A L
LOANS
FROM
P R E V I O U S YEAR

MILLIONS
OF

YEAR
ENDING—

DOLLARS

AS

1
|

MILLIONS
PERCENT

1767.
1768.

14
15
1 5
14

1
|

LOANS OUTSTANDING*

1
1
1
1
1
1

4
0
2
8

2124
2234
2284
2263
2220
2416

-OCT. . . .
- N O V . . . .

17862.
17837.
18130.

2390.
2259.
2487.

- D E C . . . .

18256.

2259.

1843 4.

2223.
2277.
2066.
1961.

13.9
12.2
1 1.4

-SEP

1977-JAN

18671.
18934.
19094.

- F E B . . . .
- M A R . . . .
- A P R . . . .
-MAY

1951
1962
1972
1984
1995

J U N . . . .
JUL. . . .
A U G . . . .
S E P . . . .

- O C T . . . .
- N O V . . . .
-DEC
1978-JAN
-FEB
- M A R . . .
- APR. . .
- M A Y . . .
-JUN. . .
- J U L . . .
-AUG...
- S E P . . .

2
2
2
2
2
2
2
2

1
2
2
3

9
7
9
8

8
3
7
1

6
4
6
9

- O C T . . . .
- N O V . . . .
- D E C . . . .

9
2
7
2

0
8
7
7

11621.
1 1824.
11879.
12039.
12124.
12117.
12325.

1621.

15. 1

106.

114.

14.9
15.1
13.0

113.

168.
169.
169.

16
16
14
13

106.

157.
158.

1
1
1
1

106.
106.
106.

113.
114.

11.7
10.6
10.8

106.

114.

106.
105.

115.
116.

158.

2
2
2
2

4
5
7
7

6
8
2
9

1.
1.
1.
3.

171.

12975.

1354.

13073.
13162.

1249.
1283.

1 1. 1

156.

173.

13245.

.
.
.
.

1 1. 1
1 1.9
10.4
9 . 8

155.
154.
153.
152.

172.
169.

13311.
13406.

10.0
9 . 8
10.6

105.
104.
103.

116.
115.
114.

168.
165.

13433.
13420.

1206.
1 186.
1289.
1109.
1050.

9 . 0
8 . 5

103.
101.

112.
110.

9 . 2
8 . 3
7 . 9

151.
151.
151.

162.
161.
160.

8 . 1
7 . 4
7 . 3

101.
101.
101.

109.
108.
107.

8 . 4
9 . 4
10.2

15
15
15
15
15
15

.
.
.
.
.
.

158.
157.
156.
156.
156.
157.

4.
7.
4.
8.
9.
0.
7.
1.
8.

1013.
926.
923.

7 . 8
7 . 8
7 . 7

1
1
1
1
1
1
1
1
1

925.
914.
997.
1126.
1307.
1517.

7
7
7
8
9

.
.
.
.
.

2
0
6
6
9

101.
102.
103.
104.

12.0
13.7
15.7

161.
163.
165.

156.
157.
159.

15248.
15635.
16036.

1843.
2202.
2616.

1
1
1
1

1
3
6
9

.
.
.
.

4
7
4
5

110.
112.
114.

106.
105.
104.
105.
105.
106.
107.
108.
110.

18.4
20. 1
2 1.2

1
1
1
1
1
1

160.
160.
161.

16538.
16876.

3064.
3370.

2 2 . 7
24.9

116.
118.

111.
111.

3623.
4047.
4262.

2 6 . 6
2 9 . 5
30.7

119.

112.

121.

4420.
4559.
4548.

3 1 . 4
31.9

113.
114.
114.
114.

7
9
1
3

6
5
3
0

6
2
9
5

.
.
.
.

2 3 . 2
2 3 . 8
2 4 . 5

5
5
5
5

3
4
6
8

2
8
0
3

1
1
8
0

68.
69.
71.
73.
74.
74.

2
7
1
4

6
6
5
9

7
5
0
0

.
.
.
.

.
.
.
.

18846.
19100.
19369.
19887.
20336.
20875.

2
2
2
2

190.
180.
179.
178.

163.
164.

21422.
21825.

4884.
4949.

165.
167.

22030.
22204.

4763.

1
1
1
1
1
1

.
.
.
.
.
.

167.
167.

2
2
2
2
2
2

3242
3266
3324
3378
3400
3430
3470
3486

4
8
3
7
3
9
9
9

2666.

9 . 0

167.

153.

22
25
27
27
27

7
8
8
8
8

167.
169.

154.
155.

22673.
23034.

170.
170.
170.

154.
155.
155.

23400.
23599.
23887.

157.
157.

3
3
3
3

9.
0.
1.
8.

17
17
16
16

4
4
4
4

22548.

.
.
.
.
.
.
.
.

33723
33493
33452
33576
33236

- J U N . . . .
- J U L . . . .
-AUG
-SEP.
- O C T . . . .
- N O V . . . .
- D E C . . . .

.
.
.
.
.

332
331
329
329
325

-MAR
-APR.
- M A Y . . . .

.
.
.
.
.

8
7
0
2
4

5
6
2
8
7

0
0
8
7
1

2 1 . 3
2 0 . 8
19.6

.
.
.
.
.
.

1
1
1
1

.
.
.
.
.

8.2
7.6
4.8
1.9

.
.
.
.
.

5
3
8
7
6

7
7
7
7
7
6

7
5
3
1
0
8

1
1
1
1

6
6
5
5

4
2
9
6

.
.
.
.

- 1 9 7 8 .
- 1 9 1 2 .
- 2 1 1 1 .

- M A Y . . . .

5
5
6
7

118.

107.
107.
107.

103.
102.

107.

- 3 . 0
- 4 . 6

100.
99.
99.

148.
147.

22545.
22282.

55.
55.
54.
55.
53.

148.
147.

2
2
2
2

-

106.
105.
105.
104.
104.
104.

149.
147.

157.
156.
156.

147.
146.
146.

156.
155.
1
1
1
1
1

- 5 . 5
- 6 . 1

4
9
8
8

111.
109.

2071.
2063.

156.
152.

.
.
.
.
.
.

160.
158.

1
2
5
1
7

.
.
.
.

4 . 8
2 . 8
- . 0

8
8
8
7
4
7

7
0
5
9
8
7

1755.
2041.

- 9 . 6
- 1 0 . 0

21700.

- 2 4 0 2 .
- 2 3 7 7 .

- 9 . 9
- 9 . 9

- 1 8 6 3 .

- 7 . 9

- 1 6 8 8 .

- 7 . 2
- 7 . 1

103.
102.

96.

- 7 . 2

101.
101.

2
2
1
1

2
1
9
9

5
4
4
4

1
5
0
6

.
.
.
.

154.
153.
153.

144.
143.

21610.
21379.

- 2 0 9 0 .

- 6 . 2

151.
151.

142.
141.

21061.
20873.

3
9
1
3
4

4
0
2
3
3

2
5
9
9
9

99.
99.
99.

21770.

147.
1*6.
145.

1
1
2
2
2

- * . 6
- 7 . 9
- 8 . 7

.
.
.
.
.

- 4 . 5
- 5 . 0
- 5 . 6

.
.
.
.

116.
117.

- 9 .
- 7 1 2 .
- 1 0 9 3 .

1
3
4
3
3
0

- 4 . 5

0
8
9
3

106.

3 . 9
4 . 6

1085.
624.

4
4
4
4
4
4

- 1 5 2 4 .
- 1 6 7 5 .
- 1 8 7 4 .

1
4
1
6

116.

2
2
2
2
2
2

- 1 5 4 4 .

3
0
6
3

107.

5 . 3

118.
116.
114.
112.
109.

23025.
22688.
22506.

1
0
9
7

144.

2
2
1
1

107.

116.

17.0
15.7

1321.
1530.

3
3
3
3

- F E B . . . .
- M A R . . . .
- A P R . . . .

115.

7 . 6

1126.
848.
1003.
1196.

32619.

1 9 8 3 - J A N . . . .

12.2
8 . 7

1580.

126.
124.
122.
120.
119.
117.

23634.
23298.

-

.
.
.
.
.

2429.
1768.

.
.
.
.
.
.

0
7
9
0

.
.
.
.

2 5
2 2
2 0
19

115.
113.

1.4
- . 9
- 1 . 6
2
4
4
5
5

118
119
119
119

4439.
4128.
3867.
3586.
3239.
3045.

10.1
7 . 2

5 . 4
3 . 6

9 . 2
9 . 7

117.

129.
127.

2243.
1622.

480.
- 2 9 5 .
- 5 5 0 .
- 7 3 4 .
- 1472.
- 1 5 8 4 .
- 1 7 9 4 .

.
.
.
.

129.
130.

2 9 - 5
2 9 . 3
2 7 . 6
.
.
.
.

114.
114.
115.
116.
117.

124.
126.
127.

3 0 . 4
30. 1
3 0 . 7

9. 1
9 . 2
9 . 2

1739.
1166.

5
2
7
9

8
8
2
9
4
6

128.

3 1 . 3
30.6

.
.
.
.

108.
108.

165.
163.

8
4
8
6

7
5
3
3
1
1

2
9
1
0

110.
110.
110.
111.
109.
106.

7 . 3

9
9
0
3

2
3
4
3
4
3

4
3
0
4

122.
123.
124.
124.

119.
119.
118.
117.

158.
159.

2
2
3
2

2
2
2
2
2
2

5
6
7
8

106.
107.

118.
119.

.
.
.
.

9 . 2
9 . 7
9 . 3

2931.
3093.

34163.
33834.

1982-JAN
-FEB

8
4
2
0
3

8
2
0
5

0
1
2
2

22104.
22455.

27
07
89
94
10
78

.
.
.
.

160.
160.
16
16
16
16

154.
154.

54
52
48
47
41
33

4
5
4
2

.
.
.
.
.
.

7
7
8
8

7
0
4
1
8
7
8
5
2

2 4 . 5
2 4 . 6
25. 1

2 4 . 3

.
.
.
.

5
4
4
6
7
8

1
1
1
1

162.
162.
161.

4
5
6
7
8
0
2
5
8

17
17
17
17
17
17

2 4 . 9
2 4 . 6

5310.

.
.
.
.

2
3
4
5
7
8

3
3
3
3
3
4
4
4
4

165.
167.

- N O V . . . .
- D E C . . . .

113.

172.
173.

1 1.2

496
488
484
465

11.5

158.

3262.

- O C T . . . .

17.
50.
59.
16.

158.
157.

32289.

- J U L . . . .
- A U G . . . .
- S E P . . . .

115.
115.
114.

12369.

- D E C . . . .

.
.
.
.

108.
107.
107.

168.

-OCT. . . .
-NOV... .

.

113.
113.
115.

.
.
.
.

168.

.
.
.
.

5949.
5711.
5504.

1 9 8 1 - J A N . . .
-FEB
- M A R . . .
- A P R . . .
-MAY. . .
- J U N . . .

109.
108.
108.

1586
1585
1770
1749

157.

9
7
8
7

.
.
.
.
.
.
.
.
.

-JUL. . . .
- A U G . . . .
- S E P . . . .

111.
112.
112.

15
15
15
15

3070
3106
3129
3157
3177
3177
3198
3193
3175

4
0
5
8
7
6
4
8
4

112.
111.

106.
107.
108.

1262.
1446.
1572.

160.
160.

5917.
6109.

-MAR
- A P R . . . .
- M A Y . . . .
- J U N . . . .

104.
104.

911.

29758.
30338.

1 9 8 0 - J A N . . . .
- F E B . . . .

8 . 7
9. 1

1653.
1802.

11262.
11477.

14. 1

4326.

26152.
26570.
26887.
1
8
3
0

COLLECTIONS

11.8

4
4
5
5

7
7
8
9

LOANS OFJTSTANDING*

1 1.4
1 1.8

25349.
25792.

2
2
2
2

F
|

12.6
14.4
15.6
15.5
15.4
17.2
16.9
15.8
17. 1

867.

10844.
10931.

166.
167.
167.
167.
168.
169.
170.
170.
168.

PERCENT

1 3 . 7

3711.
4068.

- S E P . . . .

168.
167.

MILLIONS
OF
.DOLLARS

15.4
14.5
1 5 . 9

1848.
2025.
2387.
2751.
3148.

.
.
.
.

- J U N . . . .
— J U L . . . .
—AUG....

.
.
.
.
.
.

1

AS'PERCENTAGE'OF

I

.
.
.
.

4
9
6
7

23840.
24279.
24755.

.
.
.
.

6
6
9
0
0
1

TIONS

T

14.5
15.8

1695.
1541.
1494.
1488.
1505.
1502.
1640.

0.
1.
9.
2.
0.
3.
5.
7.

2
2
2
2

.
.
.
.
.
.
.

013
021
042
058
084
101
126
157

5
5
5
6
6
6

COLLEC-

1
|

6
1
5
1

20
19
20
19

.
.
.
.
.

20017.
20049.

- O C T . . . .
-NOV
- D E C . . . .
1979-JAN
- F E B . . .
-MAR. . .
- A P R . . .
- M A Y . . .

0
5
8
4
9

OF
DOLLARS

LOANS

CHANGE™ FROM
P R E V I O U S YEAR

1
|

1982
2122
1887
1794

19334.

-

.
.
.
.
.
.

.
.
.
.

16868.
17133.
17288.
17519.
17560.
17757.

- J U N . . . .
- J U L . . . .
- A U G . . . .

OF
MILLIONS

12.2
12. 1

16212.
16393.

-MAR. . . .
—A P R . . . .
-MAY... .

PERCENTAGE

1
OF
DOLLARS

1976- JAN. . . .
- F E B . . . .

NEW

HADE

CH AWGE

- 1 6 4 6 .
- 1 6 2 7 .
- 1 6 3 4 .

103.
103.
102.

97.

103.

- 7 . 3

98.
98.
97.

96.
95.
95.
90.

.1
•

AVERAGE

"NEW

LOANS

LOANS"

ARE

OUTSTANDING

DARING

COMPUTED

LOANS




AS

THE
MADE

PRECEDING
LESS

TWELVE

RENEWALS.

MONTHS

(AVERAGE

RENEWALS

INCLUDE

OF

END-OP-MONTR

SOME

DATA).

NONAGRICULTURAL

LOANS

(SEE

NOTE

ON

PAGE

3 | .

TABLE

2 1 3 . IN

PRODUCTION C R E D I T A S S O C I A T I O N S
RENEWALS AND C O L L E C T I O N S
COLLECTIONS
|
I
I

MILLIONS
OF
DOLLARS

|
1

AS

P E R C E N T A G E CHANGE
FROM P R E V I O U S

PERCENTAGE

SECTIONS
!15BHALS

J~LOANS~OUTMONTH

1976-JAN...
-FEB...
-MAR
-APR...
-MAY...
— JU N. - .
-JUL...
-AUG...
-SEP...
-OCT...
-NOV...

.
1
•I
I
I
1977-JAN... I
-FEB... 1
-MAR... -!
— APR. . .
-MAY...
- J U N . . ., . l
—JUL. . .
— AU G . . .
-SEP...
-OCT.. .-I
-NOV.. ..I
-DEC..

..I
--1
-.1
..I

I

1980-JAN. . . . I
-FEB..
-MAR..
— APR. .
-MAY.. - e |
-JUN.. --I
-JUL..
-AUG..
-SEP..
-OCT..
- H O V . . . . <• |
- D E C . .i .

-.1
--1

..I
.. . |

3.5
-25.5
14.7
-13.9
-7.4
1.6
-12.5
24.3
15.7
25.2
7. 1
-1. 1

10.6
12.8
15.3
4. 1
9.6
-1.8
-1.6
14.9
14.7
21.4
13.2
19.5

10.
7.
8.
7.
6.
6.
5.
6.
7.
9.
10.
10.

3.0
5-9
9. 1
12.0
19.3
-2. 1
12. 1
15.8
4.9
17.5
7.2
3.4

7.
7.
7.
6.
4.
3.
2.
2.
2.
3.
4.
6.

4346.
40.
37.

38.
47.
43.
41.
33.
27.
27.
25.
23.
19.
25.
37.

1402.
1002.
1265.
1081.
1097.
1014.
883.
1054.
1136.
1636.
1591.
1451.

3.3
-28.6
26. 3
-14.5
1.5
-7.6
-12.9
19.4
7.8
44.0
-2-7
-8.8

19.3
14.4
26.0
25.0
37.0
24.6
24. 1
19.2
11. 1
27.7
16.0
6.9

10.
a.
10.
8.
8.
7.
6.
7.
8.
11.
11.
10.

18.0
-4.5
8. 2
-20.3
-29.3
-32.6
-2.7
6.4
-10.2
35.7
24.6
55. 1

16.0
11.5
8.8
12.9
10.8
5.3
19.0
18.3
9.8
31.2
19.0
12.9

7.
7.
7.
5.
4.
2.
2.
2.
2.
3.
4.
6.

38.
41.
36.
32.
25.
19.

37.
43.
42.
38.
30.
24.
24.
24.
22.
21.
25.
35.

1703.
1282.
1455.
1370.
1364.
1284.
1262.
1284.
1307.
1911.
1868.
1787.

17.4
-24.7
13.5
-5.8
-.5
-5.8
-1.8
1.7
1.8
46.2
-2.2
-4. 3

21.4
29.0
15.0
?6.7
24.2
26.7
42.8
21.7
15.0
16.8
17.4
23.2

11.
9.
10.
9.
9.
8.
8*
8.
8.
11.
11.
10.

1201.
1199.
1162.
1021.
754.
603.
513.
506.
504.
556.
656.
1158.

23.3
- . 2
-3. 1
-12. 1
—26. 1
-20.0
-14. 9
-1.3
- . 5
10.4
17.9
76.5

18.0
23.4
10.5
21.8
27.2
50.9
31.9
22.4
35.6
10.3
4.4
18.9

7.
7.
6.
5.
4.
3.
3.
3.
3.
3.
3.
6.

35.
40.
36.
34.
29.
25.
24.
27.
24.
23.

36.
44.
44.
42.
34.
29.
24.
25.
22.
19.
25.
35.

2101.
1527.
1508.
1414.
1485.
1506.
1629.
1552.
1780.
2359.
1965.
2130.

17.5
-27. 3
-1.2
-6.2
5.0
1.4
8.2
-4.7
14.7
32.5
-16.7
8.4

23. 4
19. 1
3.7
3.2
8.9
17. 2
29. 1
20.9
36.2
23.4
5.2
19.2

12.
8.
A.
7.
8.
8.
8.
8m
9.
12.
10.
11.

1199.
770.
621.
613.
474.
500.
572.
649.
1246.

7.4
6. 1
4. 4
-12.9
-35.8
-19.3
-1.4
-22.7
5.5
14.5
13.4
92. 1

3.5
9.9
18.5
17.5
2. 1
3.0
19.4
-6.5
-.8
2.8
-1.1
7.6

6.
7.
7.
6.
4.
3.
3.
2.
2.
3.
3.
6.

35.
41.
36.
34.
27.
23.
24.
23.
23.
25.

35.
47.
43.
40.
33.
27.
27.
23.
22.
21.
22.
33.

2328.
1516.
1836.
1802.
1533.
1641.
1639.
1613.
1823.
2173.
2287.
256 3 .

Q. 3
-34.9
21. 1
-1.8
-14.9
7.0
-. 1
-1.6
13. 1
19.2
5.2
12. 1

10.8
-.7
21.7
27.5
3.3
9.0
.6
3.9
2.4
-7.9
16. 1
20.3

12.
8.
9.
9.
7.
8.
7.
7.
8.
10.
10.
12.

1538.
1306.
91 1.
706.
536.
553.
497.
503.
669.
1110.

-4. 4
11.3
16.0
-15. 1
-30.2
-22. 5
-24. 1
3. 1
-10. 1
1. 3
33.0
65.8

-4.2
.5
1 1.8
8.9
18.3
13.6
-12.5
16.7
-.6
-12.0
3. 2
-10.9

6.
6.
8.
6.
4.
3.
2.
2.
2.
2.
3.
5.

39.
46.
4 2.
40.
33.
25.
24.

24.
25.
29.
34.

33.
45.
45.
43.
38.
31.
27.
26.
22.
20.
21.
32.

2433.
1598.
1868.
1715.
1491.
1543.
1451.
1605.
1781.
2054.
2515.
2408.

-5.0
-34.3
16.9
-8. 2
-13. 1
3.5
-5.9
10.6
11.0
15.4
22.4
-4.2

4.5
5. 4
1.8
-4.8
-2. 7
-6. 0
-11.4
- . 5
-2.3
-5.4
10.0
—6. 0

12.
8.
9.
Am
7.
7.
7.
7.
8•
9.
12.
12.

1193.
1178.
1507.
1195.
843.

7.5
— 1.3
28.0
-20.7
-29.5

. 1
-11.2
-2.0
-8.5
-7.5

38.
46.
44.
42.
34.

32.
44.
46.
44.
37.

2546.
1526.
1759.
1535.
1454.

5.7
-40. 1
15.3
-12.8
-5. 3

4.6
-4.5
-5.8
-10.5
-2.5

13.
8.
9.
8.
7.

877.
871.
967.
742.
535.
379.
327.
350.
338.
384.
528.
863.

5. 2
-.7
10.9
-23. 2
-27.9
-29. 1
-13.9
7. 1
-3.2
13.5
37. 4
63.4

1018.
972.
1052.
83 8 .
59 3 .
400.
389.
414.
372.
504.
628.
974.

«•I
-1

•I
I
- - I 1 1 9 1 ..
1326

1982-JAN..
-FEB.,
-MAR..
-APR.
-MAY.,
-JUN. - . 1
-JUL. ••I
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.
1983-JAN.
-FEB.
-MAR.
-APR.
-MAY.

» LOANS
RENEWALS

...|

OUTSTANDING

AT

END OF P R E C E D I N G

AND C O L L E C T I O N S I N C L U D E




10.
7.
8.
7.
6.
7.
6.
6.
7.
9.
10.
9.

1175.
875.
1004.
865.
801.
814.
712.
884.
1023.
1281.
1372.
1357.

11.4
16.4
16.3
15.2
14.7
25.4
9.8
7. 1
18.2
6.7
6.5
5.8

I
'•«I
.|
1 1243.
1 9 8 1 - J A N . .- . - I
- F E B . . • . . I1 3 1 9 .
1376.
-MAR..
-APR.,
-MAY..
-JUN..
—JUL..
-AUG.. - - I
-SEP.. .. . |
-OCT.. -NOV., - -I
-DEC., •

18.9
28.6
52. 1
18.7
15.0
20.8
-4.4
4.2
.9
-2.0
29.6
11.5

42.
48.
47.
43.
36.
32.
29.
25.
24.
20.
26.
38.

8.0
-3.4
7.7
-25.2
-32. 3
-13.6
-24. 8
3.7
6. 8
1. 3
50.8
69.3

»•I

YEA*

4 3.
45.
40.
35.
27.
24.
23.
24.
25.
25.
32.
38.

852.
82 3.
886.
663.
449.
388.
291.
302.
323.
327.
49 3 .
834.

•1
••
I
»1
«•I

-FEB.. --I
-MAR.. . - I
— A P R . .. . 1
-MAY.. . . I
-JUN..
- J U L . . -.1
-AUG..
-SEP..
-OCT.-NOV..
-DEC.. ..I

1 -• fiONTH

7.
7.
7.
5.
3.
3.
2.
2.
2.
2.
4.
6.

43.
44.
39.
34.

1 9 7 8 - J A N . . .. . I
- F E B . . .. . 1
-MAR.. . . I
— APR. . •
— MAY..
-JUN..
—JUL..
-AUG..
-SEP.. --I
-OCT.. ..I
-NOV.. -DEC.. - - 1

1
I
1979-JAN.. • 1

AS P E R 1
1 CENTAGE 01
LOANS OUT1 .S T A N D I N G :

2 3.
24.
2 3.
25.
31.
37.

7.
7.
7.
5.
3.
3.
2.
2.
2.
2.
4.
7.

I

P E R C E N T A G E CHANGE
FROM P R E V I O U S

1062.
776.
871.
831.
731.
829.
723.
770.
892.
1055.
1212.
1136.

18.5
15.4
23.3
9.5
2.8
10.0
-4.9
15. 1
7.7
-5.4
22.5
11.5

..I

1
1
|

42.
48.
47.
41.
35.
27.
27.
27.
23.
23.
28.
41.

3. 1
-7.5
7.9
-24.5
-32.0
-21.0
-14. 1
6.2
-3.2
12.2
51. 1
70.3

••I
. I
"

MILLIONS
OF
DOLLARS

4.3
-27.0
12.3
-4.6
-12. 1
13.4
-12.7
6.4
15.9
18.2
14.9
-6.3

764.
707.
762.
575.
391.
309.
265.
282.
273.
306.
463.
788.

..I

OF

SOME

28.

21.

6.
6.
8m
6.
4.

28.

21.

21.
22.

21.
21.
27.
33.

20.
22.

20.

21.
25.
30.

28.
31.

28.

35.

26.

MONTH.

NONAGRICULTUR AL LOANS

(SEE

NOTE ON PAGE 3 )

10
TABLE 2 1 3 . 2 1 1

PRODUCTION CREDIT ASSOCIATIONS
RENEWALS AND COLLECTIONS
SEASONALLY-ADJUSTED ANNUAL RATE
RENEWALS
1
|
1

1976-JAN....
- F E B . . .. .
- M A R . . . .

—JUL....
-SEP....
- O C T . . . .

-NOV....
-DEC....
1977-JAN
- F E B . . . .

— MAR... .
-APR....
-MAY... .

-JUN....
-JUL....
— AUG..— .
-SEP....
- O C T . . . .
- N O V . . . .

-DEC....
1978-JAN
- F E B . . . .

—MAR....

-JUL... .
-AUG... .
- S E P . . . .
- O C T . . . .

-NOV....
-DEC....
1 979-JAN
- F E B . . . .

—MAR....
-APR... .

— AUG....
-SEP....
-OCT....
-NOV
-DEC....
1980-JAN
- F E B . . . .

-APR.... .
-MAY....
- J U N . . . .
— AUG. . . .

-SEP....
-OCT....
-NOV....
-DEC....
1981-JAN....
- F E B . . . .

-MAR....
-APR....
-MAY. . . .
— AU G. . . .
-SEP....
-OCT....
-NOV....
-DEC....
1982-JAN....
- F E B . . . .

— MAR. . . .
-APR....
-MAY....
-JUN....
-JUL....
—AUG....
-SEP. . . .
-OCT. . . .
-NOV....
-DEC....
1983-JAN
- F E B . . . .

-MAR....
-MAY

PERCENTAGE CHANGE
FROM PREVIOUS

"LOANS

MADE

1 MILLIONS 1
OF
1
1
DOLLARS |
COLLECTIONS!
AND RENEWALS],
1
10437.
36.
|
10717.
35.
1
10715.
36.
|
10974.
34.
|
10466.
35.
|
12083.
32.
1
9905.
36.
|
10514.
36.
1
11054.
35.
1
10229.
34.
|
1 1866.
35.
\
11768.
36.
1

PERCENTAGE CHANGE
FROM PPPVTOUS

OF

]_
_

MONTH

YEAR

5857.
5803.
5946.
5 7 1 1.
5531.
5714.
5554.
5982.
5838.
5353.
6325.
6658.

-1. 1
-.9
2.5
-4.0
-3. 1
3. 3
-2. 8
7.7
-2. 4
-8.3
18. 2
5.3

19. 1
14.4
20.8
7.2
2.2
10-0
-3.7
15.4
8.5
-2.8
25.3
12.4

54.
53.
53.
51.
48.
49.
48.
51.
49.
44.
52.
54.

33.
33.
32.
31.
32.
31.
31.
33.
32.
32.
33.
34.

6577.
6699.
6 7 9 1.
6492.
6256.
7101.
6168.
6358.
6919.
5852.
6916.
7144.

— 1.2
1.9
1.4
-4.4
-3.6
13.5
-13. 1
3. 1
8. 8
-15.4
18.2
3. 3

12.3
15.4
14.2
13.7
13. 1
24.3
11. 1
6.3
18.5
9.3
9.3
7.3

53.
53.
54.
51.
48.
54.
46.
47.
51.
43.
50.
52.

34.
3 3.
33.
32.
31.
34.
31.
32.
34.
31.
34.
35.

36.
36.
36.
36.
36.
38.
38.
34.
35.
3234.
34.

|
|
I
|
1
|
1
|
|
|
|
|

6841.
7034.
7331.
7153.
7374.
6825.
6909.
7289.
7238.
6983.
7624.
7501.

-4. 2
2.8
4. 2
-2. 4
3. 1
-7.4
1. 2
5.5
-.7
-3.5
9.2
-1.6

4.0
5.0
8.0
10.2
17.9
-3.9
12.0
14.6
4.6
19.3
10.2
5.0

50.
52.
54.
52.
54.
50.
50.
51.
50.
48.
52.
50.

34.
33.
33.
33.
32.
30.
29.
29.
29.
27.
29.
31.

34.
34.
33.
33.
33.
32.
36.
33.
34.
30.
33.
33.

8037.
783 2.
7951.
7917.
8022.
7025.
8169.
8487.
7905.
9265.
9329.
8613.

7. 1
-2.6
1. 5
-. 4
1.3
-12.4
16.3
3.9
-6.9
17. 2
.7
-7.7

17.5
1 1.3
8.5
10.7
8.8
2.9
18.2
16.4
9.2
32.7
22.4
14.8

53.
51.
51.
51.
51.
44.
50.
52.
47.
54.
53.
48.

30.
30.
30.
29.
28.
25.
28.
28.
27.
27.
28.
29.

9644.
9706.
8755.
9426.
10025.
10366.
10660.
10271.
10706.
10262.
9981.
10361.

12.0
.7
-9. 8
7.7
6.4
3. 4
2.8
-3.7
4. 2
-4. 1
-2. 7
3.8

20.0
23.9
10. 1
19. 1
25.0
47.6
30.5
21.0
35.4
10.8
7.0
20.3

52.
52.
46.
49.
51.
53.
54.
53.
55.
53.
51.
53.

10134.
10750.
10328.
10872.
10071.
10495.
12643.
9535.
10627.
10599.
10047.
11220.

-2.2
6. 1
-3. 9
5. 3
-7.4
4. 2
20.5
-24.6
11. 5
3
-5. 2
11.7

5. 1
10.7
18.0
15.4
.5
1.2
18.6
-7.2
-.7
3.3
.7
8.3

9848.
10882.
1146 2.
11676.
11833.
11796.
11016.
11126.
10552.
9335.
10486.
9995.

-12.2
10.5
5. 3
1.9
1.3
-.3
-6. 6
1.0
-5.2
-11. 5
12.3
-4.7

9957.
9696.
11180.
10602.
10908.

-. 4
-2.6
15. 3
-5.2
2.9

-.MONTH

I
AS * E P 1 CENT AGE OP
I LOANS OUT— I I & E — _l__STANDINGi_

-2.3
2.7
-.0
2. 4
—4.6
15.5
-18.0
6. 1
5- 1
-7.5
16.0
-.8

18. 2
27.6
48. ?
17.2
13.7
19.3
-.7
7.3
1.8
-1. 1
29.4
10. 1

95.
97.
96.
97.
92.
105.
85.
89.
92.
85.
97.
96.

11478.
12017.
12163.
11414.
11287.
11718.
9984.
1231712833.
12449.
13437.
14039.

-2.5
4.7
1.2
-6.2
-1.1
3.8
-14.8
23.4
4.2
-3.0
7.9
4.5

10.0
12. 1
13.5
4.0
7.8
-3.0
.8
17.2
16. 1
21.7
13.2
19.3

93.
96.
96.
89.
87.
89.
75.
91.
94.
90.
97.
101.

1
J
\
|
|
|
|
|
|
1
|
1

13556.
13734.
15213.
14289.
15294.
14456.
12485.
14865.
14360.
15965.
15603.
15004.

-3.4
1.3
10.8
-6. 1
7.0
—5. 5
-13.6
19. 1
-3.4
11.2
-2.3
-3.8

18. 1
14.3
25. 1
25.2
35.5
23.4
25. 1
20.7
11.9
28.2
16. 1
6.9

99.
101.
111.
105.
112.
105.
90.
105.
100.
109.
106.
100.

33.
31.
31.
30.
30.
28.
31.
32.
32.
33.
34.
32.

|
1
|
|
|
]
1
|
|
\
|
|

16253.
17682.
17525.
18096.
18926.
18224.
17872.
18133.
16645.
18603.
18346.
18448.

8.3
8.8
-.9
3.3
4.6
-3.7
-1.9
1.5
-8.2
11.8
-1.4
.6

19.9
28.7
15.7
26.6
23.7
26. 1
43. 1
22.0
15.9
16.5
17.6
23.0

107.
115.
113.
116.
119.
114.
110.
1 10.
100.
109.
105.
103.

29.
29.
29.
30.
32.
33.
33.
33.
33.
30.
32.
30.

33.
31.
32.
34.
33.
33.
32.
32.
32.
31.
34.
32.

|
|
|
1
I
1
1
|
I
|
|
|

19812.
21318.
18290.
18658.
20732.
21235.
23055.
21896.
2264 2.
22993.
19357.
21829.

7.4
7.6
-14.2
2.0
11. 1
2.4
8.6
-5.0
3.4
1.5
-15.8
12.8

21.9
20.6
4. 4
3. 1
9.5
16.5
29.0
20.7
36.0
23.6
5.5
18.3

108.
114.
96.
97.
106.
108.
117.
112.
116.
118.
100.
111.

51.
53.
50.
52.
48.
49.
59.
44.
49.
49.
46.
52.

29.
30.
30.
30.
29.
30.
33.
2 8.
31.
32.
32.
34.

32.
33.
32.
31.
32.
31.
35.
30.
31.
33.
31.
30.

1
|
1
|
|
|
|
1
|
|
I
|

21676.
21427.
22431.
23783.
21598.
23057.
23223.
22713.
23128.
21237.
22503.
26059.

-.7
-1.2
4.7
6.0
-9.2
6.8
.7
-2.2
1.8
-8. 2
6.0
15.8

9.4
.5
22.6
27.5
4.2
8. 6
.7
3.7
2. 1
-7.6
16.3
19.4

108.
106.
108.
113.
102.
108.
108.
105.
106.
97.
103.
120.

-2.8
1.2
1 1.0
7.4
17.5
12.4
-12.9
16.7
-.7
-1 1.9
4.4
-10.9

46.
51.
54.
55.
56.
56.
52.
52.
49.
44.
49.
48.

33.
33.
34.
34.
35.
32.
33.
32.
3 2.
32.
33.
34.

30.
32.
33.
34.
36.
35.
35.
33.
32.
32.
30.
29.

J
|
|
|
\
|
|
|
|
|
1
|

22512.
22840.
22905.
22639.
21271.
21611.
20517.
22564.
22475.
20164.
24744.
24344.

-13.6
1.5
. 3
-1.2
—6. 0
1.6
-5. 1
10.0
-.4
-10.3
22.7
-1.6

3.9
6.6
2. 1
-4.8
-1.5
-6.3
-11.7
-.7
-2.8
- F . 1
10-0
-6.6

105.
108.
108.
107.
101.
103.
96.
106.
105.
94.
116.
1 16.

1. 1
-10.9
-2.5
-9.2
-7.8

48.
48.
56.
53.
55.

3 233.
36.
36.
36.

30.
31.
34.
34.
34.

|
|
|
J
|

23528.
21987.
21566.
20228.
20932.

-3.4
-6.5
-1.9
-6.2
3.5

4.5
-3.7
-5.8
-10.7
-1.6

1 14.
109.
108.
102.
106.

-

-

1

« SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OP PRECEDING MONTH.
RENEWALS AND COLLECTIONS INCLUDE SOME NONAGRICULTURAL LOANS




COLLECTIONS

1

AS
1
|
1 LOANS OUTSTANDING*
1

1!

MILLIONS
OF
DOLLARS

I!

MONTH

( S E P NOTE ON PAGE 3) .

11
TABLE

213.3H

PRODUCTION C R E D I T A S S O C I A T I O N S
RENEWALS AND C O L L E C T I O N S
T W E L V F - M O N T H MOVING T O T A L
1
1
T
1
1 MILLIONS |
OF
1
1
DOLLARS I
1
I
1
I
1

BAR
NDING—

COLLECTIONS

RENEWALS
C H A N G F " FROM
P R E V I O U S YEAR
.
MILLIONS
OF
DOLLARS

PERCENT

|
AS
1
1
1 LOANS O U T 1
STANDING*

PERCENTAGE
LOANS
MADE

OF

MILLIONS
OF
DOLLARS

COLLECTIONS
AND R E N E W A L S

1

1
J

CHANGE FROM
P R E V I O U S YEAR

1"MILLIONS
1
OF
J
DOLLARS

|
I

PERCENT

AS
PERCENTAGE
OF
1 LOANS O U T STANDING*
I

1.

1
|
1
!
1
|
1
|
1
1
1

5368.
5462.
5606.
5656.
5667.
5695.
5681.
5718.
5738.
5720.
5805.
5886.

900.
857.
862.
788.
711.
677.
635.
646.
641.
606.
685.
63ft.

20. 1
18.6
18.2
16.2
14.4
13.5
12.6
12.7
12.6
11.8
13.4
12.1

52.
52.
53.
53.
53.
52.
52.
51.
51.
50.
50.
51.

33.
33.
33.
33.
33.
33.
32.
32.
32.
32.
32.
32.

36.
36.
36.
36.
35.
35.
35.
35.
35.
35.
35.
35.

9670.
9843.
1014 2.
10272.
10367.
10510.
10477.
10508.
10516.
10494.
10771.
10888.

1501.
1670.
2002.
2025.
2013.
1945.
1763.
1695.
1460.
1285.
1467.
1387.

18.4
20.4
24.6
24.6
24. 1
22.7
20.2
19.2
16. 1
14.0
15.8
14.6

93.
94.
96.
96.
96.
97.
95.
95.
94.
92.
94.
94.

1977-JAN
|
—FEB....|
-MAR
1
- A P R . . . .1
-MAY
.|
- J U N . . . . 1
-JUL... . I
— AUG. . . . |
-SEP
1
-OCT.... 1
-NOV
|
-DEC
|

5974.
6090.
6214.
6301.
6359.
6438.
6463.
6484.
6533.
6554.
6584.
6630.

605.
627.
607.
645.
692.
743.
782765.
796.
834.
779.
743.

11.3
11.5
10.8
1 1.4
12.2
13.0
13.8
13.4
13.9
14.6
13.4
12.6

51.
51.
52.
52.
52.
52.
52.
51.
51.
51.
50.
50.

32.
33.
33.
33.
33.
33.
33.
33.
33.
33.
33.
33.

35.
35.
36.
36.
36.
36.
36.
36.
36.
36.
36.
35.

11001.
11101.
11234.
11268.
11338.
11323.
11311.
11426.
11557.
11783.
11943.
12164.

1331.
1258.
1092.
996.
971.
813.
835.
918.
1041.
1289.
1172.
1276.

13.8
12.8
10.8
9.7
9.4
7.7
8.0
8.7
9.9
12.3
10.9
11.7

94.
94.
94.
93.
93.
92.
90.
90.
90.
91.
91.
92.

1978-JAN
1
-FEB
1
—MAR....|
— AP R . . . . ]
—MAY....|
-JUN
,|
-JUL
1
— AUG. . . . |
- S E P . . . . |
-OCT....!
-NOV....}
-DEC
1

6656.
6704.
6785.
6864.
6951.
6942.
6978.
7025.
704 1.
7098.
7134.
7162.

682.
615.
571.
563.
592.
505.
514.
542.
508.
545.
550.
532.

11.4
10. 1
9.2
8.9
9.3
7.8
8.0
8.4
7.8
8.3
8.4
8.0

50.
50.
50.
51.
51.
51.
51.
51.
51.
51.
51.
51.

33.
33.
33.
33.
33.
33.
33.
33.
32.
32.
31.
31.

35.
35.
35.
35.
34.
34.
34.
34.
34.
33.
33.
33.

12391.
12517.
12777.
12994.
13291.
13491.
13662.
13832.
13945.
14300.
14520.
14614.

1389.
1416.
1544.
1726.
1953.
2168.
2351.
2406.
2388.
2517.
2577.
2450.

12.6
12.8
13.7
15.3
17.2
19. 1
20.8
21. 1
20.7
21.4
21.6
20. 1

93.
93.
95.
96.
97.
99.
100.
100.
101.
103.
104.
104.

1979-JAN
|
-FEB.
|
-MAR
|
- A P R . . . .1
-MAY
|
-JUN. . . . |
—JUL. . . . |
-AUG....!
- S E P . . . . |
-OCT....|
-NOV....!
-DEC... . I
1
1980-JAN
1
-FEB
|
- M A R . . . .1
-APR
.1
-MAY. . . . |
— JU N . . . . J

7302.
7403.
7488.
7584.
7641.
7661.
7724.
7788.
7821.
794 1.
8041.
8152.

647.
699.
703.
719.
691.
719.
746.
762.
779.
842.
907.
990.

9.7
10.4
10.4
10.5
9.9
10.4
10.7
10.9
1 1. 1
11.9
12.7
13.8

51.
52.
52.
52.
52.
51.
51.
51.
50.
50.
50.
50.

31.
30.
30.
30.
30.
29.
29.
29.
29.
29.
28.
28.

33.
33.
33.
33.
32.
3232.
32.
32.
32.
31.
31.

14914.
15195.
15385.
15673.
15939.
16210.
16588.
16817.
16988.
17263.
17540.
17877.

2524.
2678.
2607.
2679.
2649.
2719.
2926.
2985.
3043.
2962.
3020.
3263.

20.4
21.4
20.4
20.6
19.9
20.2
21.4
71.6
21.8
20.7
20. 8
22. 3

105.
106.
106.
107.
107.
108.
109.
109.
109.
109.
109.
110.

8336.
8563.
8673.
8856.
9017.
9 2 2 1.
9345.
9438.
9570.
9622.
9650.
9834.

1033.
1160.
1185.
1272.
1376.
1559.
1621.
1650.
1749.
1682.
1609.
1682.

14.2
15.7
15.8
16.8
18.0
20.4
21.0
21.2
22.4
21.2
20.0
20.6

50.
51.
51.
51.
51.
51.
51.
51.
51.
51.
50.
51.

28.
28.
28.
29.
29.
29.
29.
30.
30.
30.
30.
30.

31.
32.
32.
32.
32.
33.
33.
33.
32.
32.
32.
32.

18275.
18520.
18573.
18617.
18738.
18960.
19327.
19596.
20068.
20516.
20613.
20955.

3360.
3325.
3188.
2944.
2799.
2750.
2739.
2778.
3080.
3253.
3073.
3079.

22.5
21.9
20.7
18.8
17. 6
17.0
16.5
16.5
18. 1
18.8
17.5
17.2

1 10.
1 10.
108.
107.
106.
105.
105.
105.
107.
108.
107.
108.

9875.
9995.
10209.
10388.
10404.
10422.
10522.
10489.
10485.
10501.
10493.
10581.

1540.
1432.
1536.
1532.
1386.
1201.
1177.
1051.
915.
878.
843.
747.

18.5
16.7
17.7
17.3
15.4
13.0
12.6
11. 1
9.6
9. 1
8.7
7.6

51.
51.
52.
52.
52.
52.
5251.
51.
50.
50.
50.

30.
31.
31.
31.
31.
30.
30.
30.
30.
30.
30.
31.

32.
32.
32.
32.
32.
32.
32.
32.
32.
32.
32.
32.

21183.
21171.
21449.
21887.
21935.
22071.
22081.
22141.
22185.
21999.
22320.
22753.

2908.
2652.
2926.
3270.
3197.
3111.
2753.
2546.
2117.
1483.
1708.
1798.

15.9
14.3
15.8
17.6
17. 1
16.4
14.2
13.0
10.5
7.2
8.3
8.6

109.
108.
109.
110.
110.
1 10.
109.
108.
107.
105.
106.
107.

10529.
10536.
10698.
10805.
10946.
11031.
10955.
11034.
11031.
10962.
10982.
10847.

654.
542.
489.
417.
542.
609.
433.
545.
546.
461.
489.
265.

6.6
5.4
4.8
4.0
5.2
5.8
4. 1
5.2
5.2
4.4
4.7
2.5

49.
49.
50.
50.
51.
51.
51.
52.
52.
51.
52.
51.

31.
31.
32.
32.
33.
33.
33.
33.
33.
33.
33.
33.

32.
31.
32.
32.
32.
33.
33.
33.
33.
33.
33.
33.

22858.
22940.
22973.
22885.
2284 3.
2274 5.
22558.
22550.
22507.
22389.
22617.
2246 3.

1675.
1769.
1*74.
998.
908.
674.
477.
408.
322.
390.
297.
-290.

7.9
8.4
6.9
4. 6
4. 1
3. 1
2.2
1.8
1.5
1.8
1.3
-1. 3

107.
107.
107.
106.
106.
106.
105.
105.
105.
105.
106.
106.

10848.
10700.
10669.
10558.
10490.

319.
164.
-30.
-247.
-456.

3.0
1.6
- . 3
-2.3
-4.2

51.
51.
51.
5151.

33.
33.
33.
33.
33.

3232.
32.
32.
32.

22576.
22504.
22395.
22215.
22178.

-283.
-436.
-577.
-671.
-666.

-

107.
107.
107.
106.
107.

976-JAN....
-FEB
-MAR
-APR
-MAY....
-JUN
- J U L . . . .
-AUG....
-SEP. . . .
-OCT
-NOV
-DEC

|

-SEP
|
-OCT....!
-NOV....!
-DEC
1
1
1981-JAN
|
-FEB....1
-MAR....|
-APR. . . . |
— MA Y . . . . |
-JON
1
-JUL....!
-AUG. . . . 1
-SEP
|
-OCT.
|
-NOV...-J
-DEC
1
1
1982-JAN.... I
-FEB... . I
-MAR.
|
-APR
1
|
-JUN....!
—JUL....I
— A U G . . . . ||
- S E P . . . . |1
-OCT
||
-NOV
|
- D E C . . . . 1|
1
1
1 9 8 3 - J A N . . . . ||
— F E B . . . . ||
— MAR. . . . |1
|
-APR.... i
— MAY. . . . I1

|

*

AVERAGE

RENEWALS

LOANS

.1
OUTSTANDING

AND C O L L E C T I O N S




DOR I N G

INCLUDE

THE

SOME

PRECEDING

TWELVE

NONAGRICULTURAL

MONTHS

LOANS

(AVERAGE OF

(SEE

EHD-OF-NONTB

NOTE ON P A G E 3 ) .

DATA) .

1
1
2
2
2

.
.
.
.
.

2
9
5
9
9

12
TABLE 2 2 1 . 1 H

FEOBBAL L 1 I D BASKS
LOAMS OOTSTARDIRG
AVERAGE S I Z E

RUBBER OF LOARS
BHD OF
IIOITfl

I "PERCENTAGE CHARGE
FBOH PREVIOUS

M I L L I O N S OF DOLLARS
|

END OF

1

,
|

CHARGE FBOH P R E V I O U S !
HO NTH

TEAR

1

18.6

1

|

THOUSANDS |
1
1
443.2
443.7
445. 1
446.0
447.0
448.2
449.0
449.9
450.4
450.7
450.6
450.8

PERCERTAGB CHARGE
FROM P R E V I O U S

DOLLARS

PEBCBRTAGB
CHARGE
FROM
PREVIOUS
i m

HORTH

TEAR

.1
.1
.3
.2
.2
.3
.2
.2
.1
.1
-.0
.1

3.1
2.8
2.7
2.5
2.3
2.2
2. 1
2.0
1.9
1.9
1.8
1.8

36533.
36895.
37522.
37998.
38389.
38832.
39246.
39581.
39924.
40267.
40662.
41088.

15.0
14.7
14.7
14.5
14.2
14.0
14.0
13.8
13.7
13.4
13.6
13.6

.0
.1
.3
.2
.2
.3
.2
.2
.2
.1
.0
.1

1.7
1.8
1.8
1.8
1.7
1.8
1.8
1.8
1.8
1.9
1.9
1.9

41457.
41909.
42684.
43243.
43792.
44273.
44732.
45124.
45519.
45868.
46289.
4671H.

13.5
13.6.
13.8
13.8
14.1
14.0
14.0
14.0
14.0
13.9
13.8
13.7

1976-JAR....1
-FEB
|
—MAR....|
-APR
1
-*HAT.. . . |
-JON
|
—JUL....|
—AUG....|
-SEP
|
-OCT..- . |
-NOV
|
— DEC. e • . 1

16190.
16370.
16700.
16946.
17160.
17403.
17623.
17806.
17982.
18148.
18320.
18524.

176.
180.
330.
246.
213.
244.
220.
184.
176.
165.
173.
204.

2534.
2490.
2521.
2505.
2467.
2465.
2478.
2474.
2464.
2436.
2483.
2510.

1. 1
1. 1
2.0
1.5
1.3
1.4
1.3
1.0
1.0
.9
1.0
1. 1

1 977—JAR..*-|
-FEB....I
—WAR....|
—APR....|
— HA T . . . . |
-JUR....1
-JUL.... |
—AUG....|
—SEP.... J
-OCT
1
—ROV....|
-DEC....#

18693.
18922.
19331.
19625.
19917.
20190.
2044 1.
20658.
20874.
21057.
21258.
21466.

168.
229.
409.
294.
292.
273.
251.
217.
216.
183.
201.
208.

2503.
2552.
2631.
2679.
2757.
2787.
2818.
2852.
2891.
2909.
2938.
2942.

.9
1.2
2.2
1.5
1.5
1.4
1.2
1. 1
1.0
.9
1.0
1.0

1
1
1
1

15.9

450.9
451.5
452.9
453.8
454.8
456.fr
457.0
457.8
458.6
459.1
459.2
459.5

1978-JAN
1
—FEB....|
—HAR....|
—A P R . . . . |
— HAT. . . . |
-JUI
1
—JUL....I
—AU G . . . . |
—SEP.... J
-OCT
.|
-NOV.... 1
—DEC... . |

21672.
21896.
22234.
22481.
22807.
23131.
23395.
23678.
23939.
24211.
24461.
24668.

206.
224.
338.
247.
326.
324.
264.
283.
261.
272.
250.
207.

2979.
2974.
2903.
2856.
2890.
2940.
2954.
3020.
3065.
3154.
3203.
3202.

1.0
1.0
1.5
1.1
1.4
1.4
1. 1
1.2
1.1
1. 1
1.0
. 8

15.9
15.7
15.0
14.6
14.5
14.6
14.5
14.6
14.7
15.0
15.1
14.9

459.8
460.4
461.3
461.8
463.1
464.6
465.9
467.2
468.4
469.5
470.3
471.2

.1
.1
.2
.1
.3
.3
.3
.3
.3
.2
.2
.2

2.0
2.0
1.9
1.8
1.8
1.9
2.0
2.1
2.1
2.3
2.4
2.5

47136.
47559.
48193.
486*0.
49247.
*9787.
50213.
50677.
51104.
51564.
52010.
52355.

13.7
13.5
12.9
12.6
12.5
12.5
12.3
12.3
12.3
12.4
12.4
12. 1

1979-JAM
|
-FEB
|
— HA R . . . . |
— APR. . . . |
-HAT... . |
-JUN.... |
—JUL. . . . ]
— AU G . . . . |
-SEP. . . . 1
—OCT. . . . |
-NOV
1
-DEC
|

25053.
25358.
25851.
26294.
26781.
27261.
27658.
28103.
28430.
28859.
29259.
29725.

385.
305.
493.
443.
487.
480.
397.
445.
327.
429.
400.
467.

3381.
3462.
3617.
3813.
3974.
4130.
4263.
4426.
4492.
4648.
4798.
5057.

1.6
1.2
1.9
1.7
1.9
1.8
1.5
1.6
1.2
1.5
1.4
1.6

15.6
15.8
16.3
17.0
17.4
17.9

472.5
473.8
476.0
477.8
480.0
482.4
484.6
486.9
488.7
490.9
492.4
494.9

.3
.3
.5
.4
.5
.5
.5
.5
.4
.4
.3
.5

2.8
2.9
3.2
3.5
3.6
3.8
4.0
4.2
4.3
4.5
4.7
5.0

53020.
53522.
54304.
55030.
55793.
56510.
57070.
57716.
58171.
58793.
59419.
60063.

12.5
12.5
12.7
13.0
13.3
13.5
13.7
13.9
13.8
14.0
14.2
14.7

1900-JAN
.1
-FEB....!
— HAR. . . . |
-APE
|
-HAT
1
-JON
1
—JUL. a . . 1
—AUG.... |
-SEP
1
-OCT
|
—HOV....|
— DEC. . . . |

30268.
30840.
31603.
32425.
33154.
33681.
34167.
34506.
34852.
35235.
35554.
36032.

542.
572.
764.
821.
730.
527.
486.
339.
346.
383.
319.
478.

5215.
5482.
5752.
6130.
6373.
6420.
6510.
6403.
6422.
6377.
6296.
6307.

1.8
1.9
2.5
2.6
2.2
1.6
1.4
1.0
1.0
1. 1
.9
1.3

497.6
500.3
504.1
508.7
512.7
515.6
517.8
519.4
521.0
522.7
523.8
525.8

.5
.5
.8
.9
.8
.6
.4
.3
.3
.3
.2
.4

5.3
5.6
5.9
6.5
6.8
6.9
6.9
6.7
6.6
6.5
6.4
6.2

60831.
61643.
62687.
63744.
64665.
65323.
65980.
66434.
66892.
67409.
67873.
68525.

14.7
15.2
15.4
15.8
15.9
15.6
15.6
15. 1
15.0
14.7
14.2
14. 1

1981-JAR.... 1
-FEB....*
—HAR....|
-APR. . . . |
-HAT.... |
—JU M . . . . |
—JUL. . . . |
— AUG. . . . |
-SEP
1
-OCT
i
-NOV
!
-DEC
1

36594.
37188.
38030.
38818.
39568.
40280.
40969.
41516.
42103.
42702.
43212.
43658.

562.
594.
842.
789.
749.
713.
689.
547.
586.
599.
510.
446.

6326.
6348.
6426.
6394.
6413.
6599.
6802.
7010.
7 250.
7467.
7658.
7626.

1.6
1.6
2.3
2. 1
1.9
1.8
1.7
1.3
1.4
1.4
1.2
1.0

528.3
530.8
534.7
538. 1
541.5
545. 1
548.3
551.2
554.4
557.3
559.5
561.4

.5
.5
.7
.6
.6
.7
.6
5
.6
.5
.4
.3

6.2
6. 1
6.1
5.8
5.6
5.7
5.9
6.1
6.4
6.6
6.8
6.8

69273.
70060.
71119.
72141.
73064.
73899.
74723.
75316.
75949.
76626.
77230.
77762.

13.9
13.7
13.4
13.2
13.0
13.1
13.3
13.4
13.5
13.7
13.8
13.5

1982-JAN....1
-FEB
1
-HAR.... |
-APR....#
—HAT... . |
—JUN.... |
-JUL....#
— AUG. . . . |
—SEP. . . . 1
-OCT.. ..J
—NOV....|
—DEC....|

44063.
44462.
45074.
45506.
45895.
46316.
46583.
46817.
46954.
47088.
47206.
47282.

405.
399.
612.
432.
389.
421.
267.
235.
137.
134.
118.
75.

7469.
7274.
7044.
6687.
6327.
6035.
5613.
5301.
4851.
4386.
3994.
3624.

.9
.9
1.4
1.0
.9
.9
.6
.5
.3
.3
.3
.2

563. 1
564.6
566.9
568.8
570.6
572.5
573.9
575.0
575.7
576.0
575.8
575.4

.3
.3
.4
.3
.3
.3
.2
.2
.1
.0
-.0
-.1

6.6
6.4
6.0
5.7
5.4
5.0
4.7
4.3
3.8
3.3
2.9
2.5

78256.
78757.
79503.
80007.
80436.
80900.
81171.
81417.
81564.
81757.
81980.
82170.

13.0
12.4
11.8
10.9
10.1
9.5
8.6
8. 1
7.4
6.7
6.2
5.7

1983-JAN
1
—FEB... . t
—HAR....|
-APR
1
-HAT....1

47273.
47339.
47485.
47610.
47710.

-9.
67.
145.
125.
100.

3209.
2877.
2411.
2104.
1815.

-.0
. 1
.3
.3
.2

574.7
574.3
574.3
574.3
574.0

-- 1
-.1
.0
.0
-.0

2. 1
1.7
1.3
1.0
.6

82260.
82436.
82689.
82907.
83112.

5. 1
4.7
4.0
3.6
3.3




17.9
17.8
17.3

16.8
16.5
16.4

16.1

15.9
15.5
15.7
15.7
5
5
5
5

.
.
.
.

5
6
8
8

16. 1
16.0
16.0

16.0
16. 1

16.0

16.0

18.2
18.7

18.8

19.2
19.6
2 0 . 5

20.8

21.6
2 2 . 3
2 3 . 3
2 3 . 8
2 3 . 6
2 3 . 5

22.8

22.6

22.1
2 1 . 5

21.2
2 0 . 9

20.6
2 0 . 3
19.7
19.3
19.6
19-9
2 0 . 3

20.8
2 1 . 2
2 1 . 5

21.2
20.4
19.6
18.5
17.2

16.0

15.0
13.7

12.8
11.5
10.3
9 . 2
8 . 3
7 . 3
6
5
4
4

.
.
.
.

5
3
6
0

TABLE 2 2 1 . 2M

END OF
MONTH

FEDERAL L A I D BANKS
LOANS OUTSTANDING
SEASONALLY-ADJUSTED DATA
1
1
1
J
|

I
1
1
1976-JAN
1
-FEB
1
-MAR
|
-AP8
|
-HAY. . . . |
-JUN
|
-JUL....J
-AUG
1
-SEP....|
-OCT
|
-MOV....|
-DEC
1

AMOUNT
M I L L I O N S OF DOLLARS

|
1
CHANGE FROM PREVIOUS#
1
MONTH
YEAR
|
<SAAR>
1

END OF
MONTH

|
PERCENTAGE CHANGE
FROM PREVIOUS
MONTH
(SAAR)

YEAR

AVERAGE S I Z E

NUMBER OF LOANS

1
1
1
1
| THOUSANDS*
1
1
1
1
1
1

PERCENTAGE CHANGE
FROM P R E V I O U S
DOLLARS
MONTH
(SAAR1

YEAR

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

16297.
16*94.
16726.
16933.
17105.
17311.
17524.
17724.
17933.
18141.
18366.
18619.

2676.
2525.
3009.
2661.
2188.
2637.
2748.
2554.
2667.
2673.
2893.
3268.

2553.
2511.
2521.
2500.
2455.
2445.
2461.
2459.
2461.
2440.
2497.
2530.

16.6
15.5
18.2
15.9
12.9
15.4
15.9
14.6
15.0
14.9
15.9
17. 8

18.6
18.0
17.7
17.3
16.8
16.5
16.3
16.1
15.9
15.5
15.7
15.7

1
1
*
1
|
1
I
1
|
|
|
1

444.2
444.9
445.7
446.4
447.0
447.6
448.2
448.9
449.5
450.1
450.7
451.4

2.7
1.8
2.3
1.9
1.6
1.6
1.6
1.9
1.6
1.6
1.5
2.0

3. 1
2.8
2.7
2.5
2.3
2.2
2.0
2.0
1.9
1.9
1.8
1.8

36687.
37075.
37525.
37930.
38265.
38675.
39101.
39484.
39896.
40307.
40755.
41248.

15.1
14.8
14.7
14.5
14. 1
14.0
14.0
13.8
13.7
13.4
13.6
13.6

1977-JAM
1
-FEB
|
-MAR....|
— APR. . . . |
—MAT.... |
—JUN.... |
-JUL
1
-AUG....I
—SEP.... |
—OCT.... |
—NOV....|
-DEC
1
1
197 8 - J A N . . . . |
-FEB. . . . |
MAR....|
—APR. . . . |
—MAY. . . . |
—JUN.... |
-JUL.... |
—AUG.... |
-SEP... .|
-OCT
|
-NOV.. . . |
-DEC
1

18819.
19066.
19358.
19604.
19847.
20071.
20321.
20561.
20822.
21057.
21320.
21587.

2550.
3190.
3811.
3173.
3114.
2870.
3215.
3068.
3365.
2997.
3381.
3437.

2522.
2573.
2632.
2672.
2742.
2761.
2797.
2837.
2890.
2916.
2953.
2968.

13.7
16.9
20.0
16.4
15.9
14.5
16.0
15. 1
16.4
14.4
16. 1
16. 1

15.5
15.6
15.7
15.8
16.0
15.9
16.0
16.0
16. 1
16. 1
16. 1
15.9

1
|
|
|
|
|
|
i
|
I
|
|

451.9
452.7
453.5
454.2
454.8
455.4
456. 1
456.8
457.7
458.5
459.4
460.2

1.5
2. 1
2.0
1.9
1.6
1.6
1.8
2.0
2.3
2.2
2.3
2.0

1.7
1.8
1.7
1.7
1.7
1.7
1.8
1.8
1.8
1.9
1.9
1.9

41640.
42113.
42686.
43163.
43640.
44075.
44558.
45008.
4 5493.
45921.
46407.
46909.

13.5
13.6
13.8
13.8
14.0
14.0
14.0
14.0
14.0
13.9
13.9
13.7

21821.
22063.
22265.
22451.
22716.
22983.
23252.
23566.
23888.
24217.
24537.
24816.

2987.
3078.
2547.
2345.
3396.
3423.
3431.
4067.
4170.
4257.
4131.
3565.

3002.
2997.
2907.
2847.
2869.
2912.
2930.
3005.
3066.
3160.
3217.
3229.

13.8
14. 1
11.5
10.5
15. 1
15. 1
14.9
17.5
17.7
17.8
17. 1
14.5

16.0
15.7
15.0
14.5
14.5
14.5
14.4
14.6
14.7
15.0
15. 1
15.0

1
I
|
1
|
I
*
|
|
|
|
|

460.8
461.7
461.9
462.1
463.0
463.8
465.0
466.3
467.6
469.1
470.5
471.9

1.7
2.2
.7
.4
2.4
2.2
3.0
3.4
3.6
3.7
3.8
3.6

2.0
2.0
1.9
1.7
1.8
1.9
2.0
2.1
2.2
2.3
2.4
2.5

47352.
47790.
48200.
48587.
49063.
49551.
50007.
50542.
51082.
51629.
52149.
52585.

13.7
13.5
12.9
12.6
12.4
12.4
12.2
12.3
12.3
12.4
12.4
12. 1

1979—JAN....|
—FEB....|
—MAR....|
—A P R . . . . |
—MAY....|
-JON
|
—JUL.... |
—AUG.... |
-SEP.... |
-OCT.
J
-NOV....1
-DEC
J

25228.
25549.
25890.
26256.
26668.
27078.
27482.
27971.
28376.
28867.
29349.
29912.

5427.
4135.
4396.
4763.
5380.
5367.
5267.
6471.
5269.
6493.
6343.
7517.

3407.
3487.
3625.
3 805.
3951.
4095.
4231.
4405.
4488.
4651.
4812.
5097.

21.9
16.4
17.2
18.4
20.5
20. 1
19.5
23.5
18.8
22.9
22.0
25.6

15.6
15.8
16.3
16.9
17.4
17.8
18.2
18.7
18.8
19.2
19.6
20.5

|
|
|
|
|
I
1
1
|
|
1
|

473.6
475. 1
476.6
478.0
479.8
481.5
483.6
486.0
488.0
490.4
492.6
495.8

4.4
3.9
3.8
3.6
4.6
4.3
5.3
6.0
5. 1
6.0
5.7
7.9

2.8
2.9
3.2
3.5
3.6
3.8
4.0
4.2
4.3
4.5
4.7
5.1

53268.
53775.
54320.
54926.
55577.
56234.
56829.
57558.
58150.
58868.
59576.
60336.

12.5
12.5
12.7
13.0
13.3
13.5
13.6
13.9
13.8
14.0
14.2
14.7

1980-JAN....I
-FEB....|
-MAR....|
-APR....|
—MAY.... |
-JUN.... |
—JUL....|
-AUG....|
—SE P . . . . |
-OCT. . . . |
—NOV. . . . |
-DEC
1
1
1981-JAN
.1
-FEB.... |

30488.
31076.
31668.
32389.
33024.
33434.
33933.
34333.
34782.
35239.
3 5 6 6 1.
36257.

7684.
7864.
7885.
9831.
8490.
5270.
6512.
5122.
5799.
5898.
5402.
7848.

5260.
5527.
5778.
6133.
6356.
6355.
6451.
6362.
6406.
6372.
6312.
6345.

25.7
25.8
25.4
31.0
26.2
16.0
19.5
15. 1
16.9
17.0
15.3
22.0

20.8
21.6
22.3
23.4
23.8
23.5
23.5
22.7
22.6
22. 1
21.5
21.2

I
1
|
I
1
1
1
|
|
|
I
|

498.8
501.8
504.9
509. 1
512.7
514.3
516.5
518.3
520.2
522.1
524.1
526.7

7.6
7.5
7.6
10.3
8.9
3.9
5.1
4.2
4.5
4.7
4.5
6.3

5.3
5.6
5.9
6.5
6.8
6.8
6.8
6.6
6.6
6.5
6.4
6.2

61120.
61926.
62720.
63625.
64412.
65002.
65698.
66247.
66870.
67492.
68048.
68835.

14.7
15.2
15.5
15.8
15.9
15.6
15.6
15. 1
15.0
14.6
14.2
14. 1

36857.
37456.
38092.
38745.
39377.
40018.
40714.
41332.
42037.
42714.
43339.
43929.

7897.
7870.
8386.
8617.
8297.
8416.
9207.
8067.
9291.
8893.
8130.
7629.

6369.
6380.
6425.
6356.
6353.
6584.
6781.
6999.
7254.
7475.
7678.
7672.

21.8
21.4
22.4
22.6
21.4
21.4
23.0
19.8
22.5
21.2
19.0
17.6

20.9
20.5
20.3
19.6
19.2
19.7
20.0
20.4
20.9
21.2
21.5
21.2

|
1
|
|
1
|
I
|
|
|
1
i

529.5
532.2
535.3
538.1
541.0
544.2
547.2
550.4
553.7
556.8
559.8
562.4

6.5
6.4
7. 1
6.5
6.7
7.3
6.9
7.1
7.5
6.9
6.7
5.7

6.2
6. 1
6.0
5.7
5.5
5.8
5.9
6.2
6.4
6.6
6.8
6.8

69609.
70375.
71164.
72006.
72786.
73539.
74403.
75101.
75922.
76717.
77418.
78111.

13.9
13.6
13.5
13.2
13.0
13. 1
13.2
13.4
13.5
13.7
13.8
13.5

44387.
44783.
45154.
45419.
45676.
46013.
46287.
46613.
46881.
47101.
47341.
47576.

5833.
4993.
4658.
3280.
3187.
4205.
3401.
4059.
3320.
2710.
2967.
2903.

7530.
7327.
7062.
674.
6300.
5995.
5573.
5280.
4844.
4386.
4002.
3648.

13.3
1 1. 2
10.4
7.3
7.0
9. 2
7.4
8.8
7. 1
5.8
6.3
6. 1

20.4
19.6
18.5
17.2
16.0
15.0
13.7
12.8
11.5
10.3
9.2
8.3

|
|
|
|
|
J
1
|
1
|
|
1

564.4
566.1
567.6
568.8
570.0
571.5
572.7
574. 1
575.0
575.4
576. 1
576.4

4.5
3.6
3.1
2.6
2.6
3.3
2.6
3.0
1.8
.9
1.4
.7

6.6
6.4
6.0
5.7
5.4
5.0
4.7
4.3
3.8
3.3
2.9
2.5

78640.
79108.
79558.
79856.
80137.
80512.
80818.
81187.
81534.
81854.
82173.
82536.

13.0
12.4
11.8
10.9
10. 1
9.5
8.6
8. 1
7.4
6.7
6. 1
5. 7

677.
731.
-1267.
-562.
-346.

32452910.
2432.
2120.
1834.

1.4
1.5
-2.7
-1.2
-.7

7.3
6.5
5.4
4.7
4.0

I
1
I
|
I

576.2
576.0
575.1
574.5
573.7

.5
-.4
-1.9
-1.2
-1.6

2.1
1.7
1.3
1.0
.7

82667.
82802.
82747.
82752.
82809.

5. 1
4.7
4.0
3* 6
3. 3

-JUN....1
—JUL. . . . |
—AUG....|
-NOV....)
-DEC
|
1
1982—JAN....I
-MAR.... 1

-JUL. . . . I
-AUG.... |
-NOV....|
-DEC
1
1983-JAN....|
-MAR....|
— MAY. . . . |




47633.
47693.
47586.
47539.
47510.

.

14
TABLE 2 2 2 . 1H

FEDERAL LAND BASKS
LOINS CLOSED
|

AHOONT
H I L L I O N S OF DOLLARS
HONTH

1
CLOSED
IN
HONTH

1
1
| CHANGE FROH P R E V I O O S |
1
1
1
HONTH
TEAR
1

PERCENTAGE CHANGE
FROH P R E ? I O U S
HONTH

TEAR

A?ERAGE S I Z E

NUMBER OF LOANS

I
1
1
1
| THOUSANDS|
1
1
1
1

DOLLARS

PERCENTAGE
CHANGE
FROH
PRE?I0US
T?4?

PERCENTAGE CHANGE
FROH P R B ? I O U S
HONTH

TEAR

— AO G . « . - |
-SEP....|
-OCT.
|
-NO?...-J
-DEC
1

393.
347.
528.
436.
364.
405.
367.
321.
323.
314.
351.
438.

18.
-46.
181.
-91.
-73.
41.
-38.
-46.
3.
-10.
37.
87.

88.
40.
-15.
3236.
32.
13.
—6.
88.
63.

4.8
-1 1.7
52. 1
-17.3
-16.7
1 1.4
-9.4
-12.6
.8
-3.0
11.8
24.8

-1.3
-. 1
20. 1
10.0
-4. 1
8.7
10.9
1 1.2
4. 1
-1.9
33.7
16.7

|
|
|
1
|
1
|
|
|
1
1
|

4.8
4.5
6.4
5.4
4.9
5.2
4.5
4.4
4.2
4 1
4.5
5.0

-3.6
-7.2
42.8
-15.7
-9.3
6.1
-13.9
-2.0
—4.6
-1.7
9.0
13.0

-13.3
-12.6
11.2
-2.6
-8.3
.9
-6.2
9.0
-3.0
-7.1
20.0
1.0

81586.
77645.
82736.
81165.
74546.
78265.
82357.
73457.
77572.
76534.
78511.
86699.

13.8
14.3
8.0
13.0
4.6
7.7
18.3
2.0
7.3
5.7
11.4
15.6

197 7 - J A N
|
-FEB....I
— HAS. . . . |
-APR
1
—HAT....|
—JON. . . . 1
-JUL.... |
—AUG....|
—SEP. . . . |
—OCT.... |
-NO?.... |
-DEC
1

464.
429.
679.
521.
518.
506.
492.
403.
380.
359.
419.
449.

26.
-34.
249.
-158.
-3.
-12.
-14.
-89.
-23.
-21.
60.
30.

71.
83.
151.
85.
155.
101.
125.
82.
57.
45.
68.
11.

6.0
-7.4
58. 1
-23.2
-.6
-2.4
-2.7
-18.2
-5.7
-5.6
16. 8
7.2

18.0
23.8
28.7
19.4
42.5
24.9
34. 1
25.6
17.5
14.4
19.5
2.6

1
I
1
1
1
|
|
|
1
1
1
1

4.9
4.7
6.8
5.6
5.8
5.9
4.8
4.8
4.5
4.4
4.8
5.0

-2.3
—4.3
44.1
-17.3
3.2
1.1
-18.5
.5
-7.3
-2.2
11.1
3.2

2.4
5.6
6.6
4.6
19.0
13.4
7.3
10. 1
7.0
6.4
8.5
-.9

94058.
91013.
99833.
92640.
89273.
86233.
102888.
83792.
85203.
82240.
86442.
89729.

15.3
17.2
20.7
14. 1
19.8
10.2
24.9
14. 1
9.8
7.5
10. 1
3.5

197 8 - J A N .
1
-FEB....!
—HAR....I
-APR....|
-HAT....I
-JON
1
—JUL....|
—AOG....|
-SEP... .|
-OCT
I
-NO?
|
-DEC...-J

503.
433.
619.
492.
571.
560.
462.
481.
455.
486.
470.
483.

54.
-70.
186.
-127.
79.
-11.
-98.
19.
-26.
31.
—16.
13.

39.
4.
—60.
-29.
52.
54.
-30.
78.
75.
127.
51.
34.

12.0
-13.9
42.9
-20.5
16.0
-1.9
-17.5
4. 1
-5.4
6.8
-3.2
2.7

8.4
.8
-8.8
-5.6
10. 1
10.6
-6.2
19.3
19.8
35.5
12.3
7.6

1
|
|
I
|
1
1
|
1
|
I
I

4.9
4.5
5.9
4.9
5.9
5.9
4.8
5.3
4.7
5.2
5.2
5.2

-1.7
-8.6
31.2
-16.8
19.7
.3
-17.7
10.0
-12.7
12.4
-1.3
-.2

-.2
-4.7
-13.3
-12.8
1.2
.4
1.3
10.9
4.4
19.9
6.5
3.0

102187.
96334.
104921.
100255.
97164.
95029.
95272.
90130.
97744.
92918.
91087.
93784.

8.6
5.8
5. 1
8.2
8.8
10.2
-7.4
7.6
14.7
13.0
5.4
4.5

1979—JAN...•|
-FEB....*

734.
531.
799.
733.
790.
74 8 .
657.
692.
525.
691.
685.
807.

251.
-204.
268.
-66.
57.
-43.
-90.
34.
-167.
166.
—6.
122.

232.
98.
180.
241.
219.
188.
196.
211.
70.
205.
215.
324.

52.0
-27.7
50.5
-8.2
7.8
-5.4
-12.0
5.2
-24.2
31.7
-.9
17.8

46. 1
22.6
29. 1
49.0
38.5
33.5
42.3
43.9
15.3
42.2
45.6
67.0

|
|
|
1
|
|
|
|
1
1
1
*

6.2
5.0
6.9
6.1
6.9
6.6
6.2
6.4
5.2
6.4
5.7
6.6

20.7
-20.4
39.4
-11.5
13.7
-4.5
—6 . 3
3.2
-19.7
24.2
-10.5
15.3

26.4
10.2
17.1
24.6
18.3
12.7
28.3
20.4
10.8
22.5
11.0
28.3

118095.
107147.
115682.
119910.
113716.
112593.
105705.
107772.
101719.
107817.
119449.
122095.

15.6
11.2
10.3
19.6
17.0
18.5
10.9
19.6
4. 1
16.0
31. 1
30.2

—JUL..•.|
-AOG....|
—SEP. . . . |
-OCT
1
-NOV
|
-DEC
|

970.
856.
1074.
1129.
1010.
803.
736.
522.
568.
629.
544.
777.

164.
-114.
218.
55.
-119.
-207.
-67.
-214.
46.
61.
-85.
233.

236.
326.
275.
396.
220.
56.
79.
-170.
43.
-62.
-141.
-30.

20.3
-11.8
25.4
5. 1
-10.5
-20.5
-8.3
-29. 1
8.8
10.7
-13. 5
42.8

32. 1
61.4
34.4
54.0
27.8
7.4
12.0
-24.5
8.3
-9.0
-20.6
-3.7

1
|
I
|
|
|
1
|
1
|
1
|

7.4
6.4
8.0
8.9
7.7
6.4
5.4
4.4
4.8
5.3
4.5
6.2

12.6
-13.7
23.9
11.2
-13.1
-17.1
-15.4
-19.0
9.3
11.8
-15.3
36.9

19.7
29.8
15.3
45.0
10.8
-3.9
-13.2
-31.9
-7.3
-16.6
-21.0
-6.2

130356.
133238.
134819.
127389.
131180.
125832.
136332.
119406.
118779.
117679.
120112.
125298.

10.4
24.4
16.5
6.2
15.4
11.8
29.0
10.8
16.8
9. 1
.6
2.6

198 1 - J A N
|
-FEB..
—MAR.„- . |
-APR
1
-HAY
1
-JON
1
-JUL....|
-AUG....|
-SEP... .|
-OCT. . . . |
— NO?. . . . |
—DEC....|

961.
913.
1206.
1152.
1050.
1032.
986.
768.
858.
866.
778.
804.

184.
-48.
293.
-54.
-102.
-19.
-46.
-218.
91.
7.
-87.
26.

-10.
57.
132.
24.
40.
228.
250.
245.
290.
237.
234.
28.

23.7
-5.0
32. 1
-4.4
-8.9
-1.8
-4.4
-22. 1
11.8
.9
-10. 1
3.3

-1.0
6.6
12.3
2. 1
4.0
28.4
33.9
47.0
51. 1
37.7
43.1
3.6

I
|
|
|
\
1
|
1
|
|
1
|

6.5
6.0
8.4
7.6
7.2
7.5
6.7
5.9
6.3
6.2
5.7
6.1

4.1
-7.0
40.1
-9.5
-5.5
4.3
-10.8
-11.0
6.1
-1.5
-8.9
7.3

-13.3
-6.7
5.5
-14.2
-6.7
17.3
23.8
35.9
31.9
16.2
25.0
-2.0

148923.
152246.
143502.
151602.
146184.
137739.
147517.
129112.
136077.
139383.
137537.
132490.

14.2
14.3
6.4
19.0
11.4
9.5
8.2
8. 1
14.6
18.4
14.5
5.7

1982—JAN....|
-FEB. o . . |
—HAR.ee.1
— APR. . . . I
— HAT. . . . |
—JU N. . . . |
—JUL...•|
— AO G- . . . 1
-SEP....|
-OCT
|
-NOV
|
—DEC....|

832.
686.
986.
758.
665.
694.
508.
466.
384.
349.
386.
415.

27.
-146.
301.
-228.
-93.
29.
-186.
-43.
-82.
-35.
37.
29.

-129.
-227.
-219.
-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

3.4
-17.5
43.8
-23.2
-12.3
4.4
-26.7
-8.4
-17.6
-9.0
10.5
7.5

-13.5
-24.9
-18.2
-34.2
-36.7
-32.7
-48.4
-39.3
-55.3
-59.7
-50.4
-48.4

1
1
|
|
1
1
|
1
i
J
I
|

5.4
4.6
6.6
5.5
4.9
5.1
4.0
3.7
3.4
3. 1
3.3
3.4

-10.6
-15.0
42.8
-16.4
-10.5
2.5
-20.5
-6.6
-10.6
-7.8
7.5
1.8

-15.8
-23. 1
-21.6
-27.6
-31.4
-32.6
-39.9
-36.9
-46.9
-50.3
-41.3
-44.3

153135.
148670.
14 9 7 7 8 .
137727.
134999.
137426.
126610.
124232.
114571.
113070.
116189.
122674.

2.8
-2.3
4.4
-9.2
-7.7
-.2
-14.2
-3.8
-15.8
-18.9
-15.5
-7.4

1983—JAN...*1
-FEB....|
-HAR... . |
-APR...-|
—HAT....|

460.
351.
557.
440.
434.

45.
-109.
206.
-117.
—6.

-371.
-334.
-429.
-318.
-232.

10.9
-23.6
58.5
-21.0
-1.4

-44.7
-48.8
-43.5
-42.0
-34.8

1
I
|
i
|

3.6
2.9
4.4
3.6
3.6

6.1
-19.0
50.7
-17.3
.6

-33.9
-37.0
-33.5
-34.2
-26.0

128250.
120924.
127175.
121436.
119000.

-16.3
-18.7
-15. 1
-11.8
-11.9

1976-JAN
|
-FEB...-I
—NAB.... |
— A P R . |
-HAT
1
-JONJ

-NAY....I
—AUG....|
-SEP
|
-OCT
1
-NO?.... |
-DEC....|
1980-JA N
1
-FEB
|
—HAR....|
-APR
|
-HAT
1




-5.

TABLE 2 2 2 . 2 H

FEDERAL LAND BANKS
LOANS CLOSED
SEASONALLY-ADJUSTED ANNUAL BATE

1
1
1
MONTH
|
1
1
1
1
1976—JAN
|
-FEB
1
-BAB
|
-APR....1
-MAY
1
-JUN
|
-JUL
|
-AUG
|
-SEP
|
- O C T . . . .1
-NOV
1
-DEC.
J

AMOUNT
M I L L I O N S OF DOLLARS
CLOSED
IN
MONTH

|
1
CHANGE FROH P R E V I O U S |
1
HO NTH
YEAR
1

{
PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAR

NUMBER OF LOANS

1
1
1
1
| THOUSANDSJ
1
1
1
1

AVERAGE S I Z E

PERCENTAGE CHANGE
FROM P R E V I O U S
DOLLARS
MONTH

PERCENTAGE
CHANGE
FROH
PREVIOUS
YEAR

YEAR

4332.
#473.
4829.
4695.
3889.
454 7.
4572.
4431.
4623.
4440.
4886.
5389.

-305.
141.
356.
-134.
-806.
659.
25.
- 1 4 1.
192.
-184.
446.
503.

9.
-2.
746.
427.
-189.
292.
440.
496.
236.
-41.
1265.
752.

-6.6
3.2
8.0
-2.8
-17.2
16.9
.5
-3. 1
4.3
-4.0
10. 1
10.3

.2
-.0
18.3
10.0
—4.6
6.9
10.6
12.6
5.4
-.9
34.9
16.2

t
1
|
|
I
|
1
i
1
|
1
1

56.6
57.7
63.2
59.7
53.2
57.7
56.7
54. 1
57.5
54.9
58.3
61.3

-6.9
2. 1
9.5
-5.7
-10.9
8.4
-1.6
-4.6
6.3
-4.6
6.3
5.1

-12.4
-12.0
10.8
-1.6
-8.4
-1. 1
-7.3
10. 1
-2.7
-7.2
20.6
.9

76564.
77455.
76357.
78697.
73118.
78854.
80580.
81858.
80337.
80885.
83755.
87874.

14.4
13.6
6.7
11.8
4. 1
8. 1
19.3
2. 2
8.4
6. 8
11.9
15. 1

1977-JAN
|
-FEB
1
MAR....|
— APR. . . . |
-HAT
1
—JUN.... J
-JUL...-J
-AUG
|
-SEP.... |
—OCT.... 1
— NOV. . . . 1
-DEC
|

5158.
5528.
6154.
5599.
5456.
5642.
6173.
5593.
5504.
5118.
59105524.

-231.
369.
626.
-555.
-142.
186.
532.
-581.
—8 8 .
-386.
79 2 .
-386.

826.
1055.
1325.
904.
1568.
1094.
1601.
1 161.
881.
679.
1024.
135.

-4. 3
7.2
1 1.3
-9.0
-2.5
3.4
9.4
-9.4
-1.6
-7.0
15.5
-6.5

19. 1
23.6
27.4
19.3
40.3
24. 1
35.0
26.2
19. 1
15.3
21.0
2.5

|
{
1
1
1
|
1
|
1
|
|
|

58. 1
61.4
67.0
63.0
62.6
64.7
60.9
60.3
61.7
58.0
63.9
61.0

-5.2
5.6
9.1
-6.0
-.7
3.5
-5.9
-1.1
2.4
—6.0
10.0
-4.5

2.8
6.4
6.0
5.6
17.6
12.2
7-4
11.3
7.2
5.7
9.5
-.5

88721.
89997.
91807.
88848.
87211.
87168.
101333.
92801.
8918588185.
92556.
90577.

15.9
16.2
20.2
12.9
19.3
10.5
25.8
13.4
11.0
9.0
10.5
3. 1

197 8 - J A N
:
-FEB
|
—HA R* . . . |
—APR... . |
— MAY. . . . |
-JUN..
-JUL
1
-AUG
|
-SEP
1
-OCT....|
-NOV
1
-DEC... . |

5588.
5524.
5598.
5241.
594 6 .
6250.
5819.
6731.
6664.
6916.
6669.
5995.

64.
- 6 5.
75.
-358.
705.
304.
-431.
912.
—67.
251.
-246.
-675.

430.
-4.
-555.
-358.
490.
608.
-354.
1138.
1 160.
1798.
760.
471.

1.2
-1.2
1.4
-6.4
13.5
5. 1
-6.9
15.7
-1.0
3.8
-3.6
-10. 1

8.3
-. 1
-9.0
-6.4
9.0
10.8
-5.7
20.4
21. 1
35. 1
12.9
8.5

I
|
|
|
|
1
1
1
|
1
|
|

57.9
58.9
57.6
55.2
62.6
64.8
62.0
67.7
64.6
68.9
68.7
62.8

-5. 1
1.7
-2.2
-4-2
13.5
3.4
-4.3
9.2
-4.6
6.7
-.4
-8.5

-.5
-4. 1
-14. 1
-12.4
. 1
. 1
1.7
12-3
4.6
18.7
7.5
3.0

96557.
93801.
97219.
94960.
94918.
96511.
93881.
99422.
103211.
100353.
97136.
95444.

8.8
4.2
5.9
6.9
8.8
10.7
-7.4
7. 1
15.7
13.8
4.9
5.4

1979—JAN
1
-FEB* . . . |
-MAR. . . . 1
-APR....|
— HAY. . . . |
-JUS
1
—JUL..*.|
-AUG.... |
-SEP....|
-OCT....|
-NOV
1
—DEC.... |

8116.
6716.
7238.
7739.
8194.
8347.
8341.
9725.
7765.
9755.
9773.
10102.

2121.
- 1 4 0 1.
522.
5 0 1.
455.
153.
-6.
1384.
-1960.
1990.
18.
329.

2528.
1192.
1639.
2 498.
2 248.
2097.
2 522.
2994.
1 101.
2840.
3104.
4 107.

35.4
-17.3
7.8
6.9
5.9
1.9
-. 1
16.6
-20.2
25.6
.2
3.4

45.2
21.6
29.3
47.7
37.8
33.6
43.3
44.5
16.5
41. 1
46.5
68.5

|
1
|
|
1
1
I
1
|
I
|
|

73.0
65.3
67.0
68.4
73.8
73. 1
79.8
82.4
71.8
83.5
76.9
80.9

16.2
-10.5
2.5
2.1
7.9
-.9
9.2
3.3
-13.0
16.3
-7.8
5.1

26. 1
11.0
16.3
23.9
17.7
12.8
28.7
21.8
11. 1
21. 1
12. 1
28.8

111235.
102785.
108049.
113187.
111088.
114239.
104570.
117976.
108216.
116860.
127034.
124912.

15.2
9.6
11. 1
19.2
17.0
18.4
11.4
18.7
4.8
16.4
30.8
30.9

1980-JAN.... I
-FEB
1
— HAS. . . . |
— APR. . . . |
-MAY....|
—JU N. . . . |
—JUL. . . . |
-AUG
1
-SEP
|
-OCT
.|
—NOV. . . . |
—DEC-... |
1
1981-JAN
1
-FEB
|
—MAR....|
—APR....J
-MAY
1
—J U N . . . . |
-JUL.
I
—AUG....|
-SEP....J
-OCT. . . . |
-NOV.... |
-DEC
|
1
1982—JAN....1

10651.
10809.
9707.
11775.
10543.
8960.
9380.
7405.
8447.
8790.
7788.
9789.

549.
158.
-1101.
2068.
-1232.
-1583.
420.
-1975.
1042.
34 3 .
-1001.
2 0 0 1.

2535.
4093.
2470.
4036.
2348.
613.
1039.
-2320.
682.
-965.
-1985.
-313.

5.4
1.5
-10. 2
21.3
-10. 5
-15.0
4.7
-21. 1
14. 1
4. 1
-1 1.4
25.7

31.2
61.0
34. 1
52.2
28.7
7.3
12.5
-23.9
8.8
-9.9
-20.3
-3. 1

1
1
|
|
1
|
1
|
\
1
1
J

86.9
85.4
76.6
98.0
82.2
70.5
69.0
56.9
66.4
69.0
61.4
75.8

7.4
-1.8
-10.2
27.9
-16. 1
-14.2
-2. 1
-17.6
16.7
3.9
-11.1
23.5

19.1
30.6
14.4
43.4
11.5
-3.5
-13.5
-31.0
-7.4
-17.3
-20.2
—6. 3

122574.
126634.
126672.
120118.
128199.
127043.
135884.
130115.
127169.
127384.
126929.
129151.

10.2
23.2
17.2
6. 1
15.4
11.2
29.9
10.3
17.5
9.0
-. 1
3.4

10514.
11533.
10806.
11907.
11043.
11496.
1261 1.
10965.
12857.
12062.
11160.
10140.

725.
1019.
-727.
1101.
-864.
454.
1115.
—164 6 .
1892.
-795.
- 9 0 2.
-1020.

-137.
724.
1098.
132.
500.
2537.
3231.
3560.
4410.
3272.
3372.
351.

7.4
9.7
-6. 3
10.2
-7.3
4. 1
9.7
-13.0
17.3
-6.2
-7.5
-9. 1

-1.3
6.7
11.3
1. 1
4.7
28.3
34.4
48. 1
52.2
37.2
43.3
3.6

|
|
|
I
|
1
|
1
|
1
|
1

75.3
80.1
80.0
82.8
77.3
83- 1
85.4
78.4
87.6
80.0
77.0
74.0

-.7
6.4
-. 1
3.5
—6.6
7.4
2.8
-8.3
11.8
-8.8
-3.7
—3.9

-13.4
—6. 1
4.4
-15.5
—6. 0
17.8
23.8
37.7
31.9
15.9
25.5
-2.4

139650.
143966.
135056.
143809.
142807.
138401.
147618.
139929.
146697.
150861.
144961.
137020.

13.9
13.7
6.6
19.7
11.4
8.9
8.6
7.5
15.4
18.4
14.2
6. 1

9085.
8686.
8740.
7783.
7082.
7761.
6467.
6707.
5766.
4863.
5519.
5233.

-1055.
-399.
54.
-956.
-702.
679.
-1293.
240.
- 9 4 1.
-904.
656.
-286.

-1429.
-2847.
-2066.
-4124.
-3961.
-3736.
-6144.
-4258.
-7091.
-7199.
- 5 6 4 1.
-4907.

-10.4
-4.4
.6
-10.9
-9.0
9.6
-16.7
3.7
-14.0
-15.7
13.5
-5.2

-13.6
-24.7
-19.1
-34.6
-35.9
-32.5
-48.7
-38.8
-55. 1
-59.7
-50.5
-48.4

|
I
|
|
1
1
J
1
|
1
|
1

63.5
62.0
61.9
59.3
53.7
56.2
51.3
49.9
46.4
39.8
45.2
4 1.0

-14.2
-2-5
-.0
-4.2
-9.5
4.7
-8.7
-2.7
-7.0
-14.3
13.5
-9.3

-15.6
-22.7
-22.6
-28.4
-30.6
-32.4
-40.0
-36.3
-47.0
-50.2
-41.3
-44.6

143048.
140201.
141115.
131240.
131975.
138171.
126098.
134432.
124212.
122221.
122165.
127728.

2.4
-2.6
4.5
-8.7
-7.6
-.2
-14.6
-3.9
-15.3
-19.0
-15.7
-6.8

5030.
4446.
4905.
4517.
4667.

-203.
-584.
459.
-389.
150.

-4055.
-4240.
-3834.
-3266.
-2415.

-3.9
-11.6
10.3
-7.9
3.3

-44.6
-4 8.8
-43.9
-42.0
-34. 1

1
|
1
|
|

42.2
39. 1
4 1.0
38.9
40. 1

3.0
-7.3
4.7
-5.1
3.1

-33.5
-36.9
-33.9
-34.4
-25.3

119187.
113689.
119770.
116170.
116459.

-16.7
-18.9
-15.1
-11.5
-11.8

—MAR....1
—HAY....|
-JUN.... |
—JUL.... 1
-AUG
|

-NOV....|
-DEC
|

i

1983—JAN....]
-FEB... - j

-MAY.... 1
1




16
TABLE 2 2 2 . 3 1 1

FEDERAL LAND BANKS
LOANS CLOSED
TWELVE-MONTH MOVING TOTAL

MILLIONS OF DOLLARS
ENDING—

I
1

|
1976-JAN

!

-MAR....|
-MAI....1
-JON....1

-NOV... . |
-DEC
1
1
1977-JAN....|
-FEB....|
-MAR... . |
-HAY....|
-JON
|
-JUL
|
-SEP....|
-OCT.... I
-NOV....|
-DEC....|
1
1978-JAN.... |

-JON. . . . J
— JO La . . . |

-NOV. . . . I
-DEC....1
1
1 9 7 9 - J A N . . . .J
-FEB....|
—MAR....|

-JON....|
-AOG. . . . |
-SEP....|
-OCT...
-NOV....J
-DEC
|
1
1980-JAN.... |
-FEB....|
-MAR....|
-APR... . |
-HAY
|
—JO N. . . . |
-JOL....I
-AOG....J
-SEP
|
-NOV....!
-DEC...-J
1
1981-JAN
1
-FEB
|
-MAR. . . . |
-APR....|
-MAT
J
-JON....I
-JUI
1
—AOG....|
— SEP. . . . |
-OCT.
|
-NOV....|
-DEC
|
I
1982-JAN
1
-FEB
|
— MAR. . . . |
—APR....}
— MAT. . . . |
-JO N
|
-JOL.... |
-AOG
|
—SEP....|
-OCT....|
-NOV....|
—DEC....)
1983-JAN.
|
—F E B . . . . |
-MAR....|
— APR. . . . |
-HAT
J
1

END OF
MONTH

1
1
1 CHANGE FROM PREVIOOS1
I
1
TEAR
1
1
MONTH

AVBBAGE S I Z E

NUMBER OF LOANS

AM00NT

1

PERCENTAGE CHANGE
FROM PREVIOOS
MONTH

TEAR

1
1
THOOSANDS|
1
1

DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOOS
YE&B

PERCENTAGE CHANGE
FROM PREVIOOS
MONTH

TEAR

4214.
4214.
4302.
4342.
4327.
4359.
4395.
4428.
4440.
4434.
4523.
4585.

88.
40-15.
3236.
32.
13.
-6.
88.
63.

210.
116.
109.
95.
62.
62.
139.
211.
220.
211.
341.
366.

-. 1
-.0
2. 1
.9
-.4
.8
.8
.7
.3
-. 1
2.0
1.4

5.2
2.8
2.6
2.2
1.5
1.4
3.3
5.0
5-2
5.0
8.2
8.7

57.8
57.2
57.8
57.7
57.2
57. 3
57.0
57.3
57.2
56.9
57.6
57.7

-1.3
-1.1
1.1
-.3
-.8
.1
-.5
.6
-.2
-.5
1.3
.1

-7.9
-9.8
-9.2
-9.1
-9.2
—8.8
-8.4
-5.3
-4.8
-4.5
-1.6
-1.5

72886.
73701.
74412.
75288.
75600.
76105.
77136.
77212.
77608.
77932.
78459.
79480.

14.3
14. 1
12.9
12. 5
11.7
11. 2
12.7
10.9
10.5
10.0
9.9
10.3

4656.
4739.
4890.
4975.
5130.
5231.
5356.
5438.
5494.
5539.
5608.
5619.

7183.
151.
85.
155.
101.
125.
82.
57.
45.
68.
11.

442.
525.
588.
633.
803.
871.
960.
1010.
1054.
1105.
1085.
1034.

1.5
1.8
3.2
1.7
3. 1
2.0
2.4
1.5
1.0
.8
1.2
.2

10.5
12.4
13.7
14.6
18.6
20.0
21.9
22.8
23.7
24.9
24.0
22.5

57.8
58. 1
58.5
58.7
59.7
60-4
60.7
61. 1
61.4
61.7
62. 1
62.0

.2
.4
.7
.4
1.6
1.2
.5
.7
.5
.4
.6
-.1

-.0
1.5
1. 1
1.8
4.2
5.4
6.5
6.6
7.3
8.4
7.7
7.5

80548.
81622.
83619.
8470785983.
86669.
88264.
88970.
89470.
89819.
90369.
90616.

10.5
10.7
12.4
12.5
13.7
13.9
14.4
15.2
15.3
15.3
15.2
14.0

5658.
5662.
5602.
5572.
5625.
5678.
564 8 .
5726.
5801.
5928.
5980.
6014.

39.
4.
-29.
52.
54.
-30.
78.
75127.
51.
34.

1002.
9 23.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

.7
. 1
-1. 1
-.5
.9
1.0
-.5
1. 4
1.3
2-2
.9
.6

21.5
19.5
14.5
12.0
9.7
8.6
5.5
5.3
5.6
7.0
6.6
7.0

62.0
61.8
60.9
60.2
60.2
60.2
60.3
60.8
61.0
61.9
62.2
62.4

-.0
-.4
-1.5
-1.2
. 1
.0
. 1
.9
.3
1.4
.5
.2

7.3
6.4
4. 1
2.4
.9
-.2
—. 6
-.5
-.6
.4
.3
.6

91260.
91648.
9202092634.
93400.
94257.
93654.
94124.
95052.
95774.
96112.
96432.

13.3
12.3
10.0
9.4
8.6
8.8
6. 1
5.8
6.2
6.6
6.4
6.4

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

232.
98.
180.
241.
2 19.
188.
196.
211.
70.
205.
215.
324.

588.
682.
922.
1192.
1359.
1493.
1719.
1852.
1847.
1924.
2088.
2377.

3.9
1.6
2.8
3.7
3.2
2.7
2.7
2.9
.9
2.7
2.7
4.0

10.4
12.0
16.5
21.4
24.2
26. 3
30.4
32.3
31.8
32.5
34.9
39.5

63.7
64. 1
65. 1
66.3
67.4
68.2
69.5
70.6
71. 1
72.3
72.9
74.3

2.1
.7
1.6
1.9
1.6
1.1
2.0
1.6
.7
1.7
.8
2.0

2.7
3.8
7.0
10.3
11.9
13. 1
15.3
16- 1
16.5
16.8
17.1
19.2

98104.
98926.
100160.
101973.
103603.
105219.
105956.
107316.
107537.
108619.
110714.
112899.

7.5
7.9
8.8
10. 1
10.9
11.6
13. 1
14.0
13. 1
13.4
15.2
17. 1

8627.
8953.
9228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
9649.
9619.

236.
326.
275.
396.
220.
56.
79.
-170.
43.
-62.
-141.
-30.

2382.
2610.
2705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

2.8
3.8
3. 1
4.3
2. 3
.6
.8
-1.7
.4
-.6
-1.4
-. 3

38. 1
41. 1
41.5
42.3
4 1.0
38.0
35.4
29.4
28.8
24.7
19.6
14.6

75.5
77.0
78. 1
80.8
81.6
81.3
80.5
78.5
78. 1
77.0
75.8
75-4

1.6
2.0
1.4
3.5
.9
-.3
-1.0
-2.5
-.5
-1.4
—1.6
-.5

18.7
20-1
19.9
21.9
21.0
19.3
15-8
11.1
9.8
6.5
4.1
1.5

114191.
116234.
118179.
119057.
120657.
121721.
123939.
125009.
126165.
127103.
127264.
127555.

16.4
17.5
18.0
16.8
16.5
15.7
17.0
16.5
17.3
17.0
14.9
13.0

9610.
9666.
9798.
9822.
9862.
10090.
10340.
10585.
10876.
11113.
11347.
11375.

-10.
57.
132.
24.
40.
228.
250.
245.
290.
237.
234.
28.

982.
713.
57019818.
191.
362.
777.
1024.
1322.
1698.
1756.

-. 1
.6
1.4
.2
.4
2.3
2.5
2.4
2.7
2.2
2. 1
.2

11.4
8.0
6.2
2. 1
.2
1.9
3.6
7.9
10.4
13.5
17.6
18.3

74.4
74.0
74.4
73.2
72-6
73.8
75.0
76.6
78. 1
79.0
80. 1
80.0

-1.3
-.6
.6
-1.7
-.7
1.5
1.7
2.1
2.0
1.1
1.4
-.2

-1-5
-3.9
-4.7
-9.5
-11.0
-9.3
-6.8
-2.4
.1
2.6
5.7
6.1

129128.
130645.
131649.
134238.
135744.
136804.
137792.
138168.
139186.
140656.
141597.
142169.

13.1
12.4
11.4
12.8
12.5
12.4
11.2
10.5
10.3
10.7
11.3
11.5

11245.
11018.
10799.
10404.
10019.
9682.
9204.
8902.
8428.
7911.
7519.
7129.

-129.
-227.
-219.
-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

1636.
1352.
1001.
583.
158.
-4 08.
-1136.
- 1683.
-2448.
-3201.
-3828.
-4246.

-1. 1
-2.0
-2.0
-3.7
-3.7
-3.4
-4.9
-3.3
-5.3
-6.1
-5.0
-5.2

17.0
14.0
10.2
5.9
1-6
-4.0
-11.0
-15.9
-22.5
-28.8
-33.7
-37.3

79.0
77.6
75.8
73.7
71.4
69.0
66.3
64. 1
61. 2
58.0
55.7
53.0

-1.3
-1.8
-2.3
-2.8
-3.1
-3.4
-3.9
-3.3
-4.6
-5.1
-4.0
-4.8

6.1
4.9
1.8
.7
-1.7
—6.5
-11.6
-16.3
-21.7
-26.5
-30.5
-33.7

142371.
141982.
142491.
141196.
140266.
140333.
138778.
138824.
137778.
136292.
134967.
134466.

10.3
8.7
8.2
5.2
3.3
2.6
.7
.5
-1.0
-3. 1
-4.7
-5. 4

6758.
6423.
5994.
5676.
5444.

-371.
-334.
-429.
-318.
-232.

-4488.
-4595.
-4805.
-4729.
-4575.

-5.2
-4.9
-6.7
-5.3
-4. 1

-39.9
-41.7
-44.5
-45.4
-45.7

51.2
49.5
47.3
45.4
44. 1

-3.5
-3.3
-4.5
-4.0
-2.8

-35.2
-36.3
-37.6
-38.4
-38.3

132050.
129846.
126821.
125069.
123458.

-7.2
-8.5
-11.0
-11.4
-12.0




-5.

TABLE

223.IFL
LOANS
LOANS
MILLIONS

|

PERCENTAGE
PROS

OF
DOLLARS

1
1
197 6-JAN

PREVIOUS

|
BO NTH

YEAR

4 . 8
- 1 1 . 7

- 1 . 3

52. 1
- 1 7 . 3

364.
405.
367.
321.
323.
314.
351.
438.

- 1 6 . 7
11.4

464.
429.
679.

6 . 0
- 7 . 4

521.
518.

- 2 3 . 2
- . 6

506.

- J U N . . . . 1
-JUL
|
-AUG
1
-SEP
.1
- O C T . . . . |
—NOV. . . . |
- D E C . . . . |
1
|

— F E B . . . . |
—BAR. . . . |
—A P R . . . . |
- B A Y . . . . |
—J U N . . . . |
— J U L . . . . |
—A U G . . . . |
- S E P . . . . J

- 2 . 4
- 2 . 7

-OCT
|
- N O V . . . . }

- 4 . 1
8 . 7
10.9
1 1.2
4. 1
- 1 . 9
3 3 . 7
16.7
18.0

NE8
AS

PERCENTAGE

- 1 8 .
- 5 .
- 5 .
16.

419.
449.

2 . 5
2. 1
3 . 2
2 . 6
2. 1
2 . 4
2.1
1.8
1.8
1.7
1.9
2 . 4

14.4
1 9 . 5

2 . 4
2 . 0
1.8
1.7

503.
433.
619.
492.
571.
560.
462.
481.

—BAY....I
—JUN. . . . |
— J U L . . . . I

- O C T . . . . |
—NOV. . . . |
-DEC. . . . |

9
5
0
9
5
1

- 5
6
- 3
2

4
8
2
7

* 8 3 .

|

.
.
.
.

- 6 . 2
1 9 . 3
19.8
3 5 . 5
1 2 . 3
7 . 6

.

46.

5 2 . 0

734.

1 9 7 9 - J A N . . . * |
—BAR. . . .

4 2 .
- 2 0 .
16.
- 1 .
- 1 7 .
4.

8 . 4
. 8
- 8 . 8
- 5 . 6
10. 1
10.6

12.0
- 1 3 . 9

455.
486.
470.

- F E B . . . . |

- 2 7 .
5 0 .
- 8 .
7.

531.
799.
733.

1

2 2 . 6
29. 1
4 9 . 0

7
5
2
8

- J U L . . . . |
-AUG. . . . |

629.
544.
777.

— D E C . . . . |
1
1981—JAN....|
- B A R . . . . I

- J U L . . . . I

- 1 3 . 5
42. 8
2 3
- 5
32
- 4
- 8
- 1
- 4

961.
913.
1206.
1152.
1050.
1032.
986.
858.
866.
778.

7
0
1
4
9
8
4

1
3 . 4

832.

- 1 7
4 3
- 2 3
- 1 2
4

686.
986.
758.

- A U G . . . - I

6
6
5
4
3

6
9
0
6
8

5
4
8
6
4

- 1 .
6 .
1 2 .
2.
4 .

.
.
.
.
.

.
.
.
.
.

5
8
2
3
4

- 2 6 . 7
- 8 . 4
- 1 7 . 6

0
6
3
1
0

2 8 . 4
3 3 . 9
4
5
3
4

- 1 0 . 1
3 . 3

804.

1982—JAN....|

- 9 . 0
- 2 0 . 6
- 3 . 7

- 2 2 . 1
11.8
. 9

768.

- D E C . . . . |

.
.
.
.
.
.
.

12.0
- 2 4 . 5
8 . 3

7
1
7
3
3

.
.
.
.
.

0
1
7
1
6

- 1 3 . 5
-

2
1
3
3
3

4 .
8 .
4 .
6 .
2 .

9
2
2
7
7

- 4 8 . 4
- 3 9 . 3

2. 1

432.
507.
535.

428.
651.
580.

604.
640.
535.

6
5
5
5

3 . 2
2 . 8
3 . 0
2 . 8
2 . 4

.
.
.
.
.

3
8
5
6
1

2 . 4
2 . 2
1.5
1.6
1.8
1 . 5
2 . 2
2 . 7
2 . 5
3 . 2
3 . 0
2 . 7
2 . 6
2 . 4
1.9
2.
2.
1.
1.

1
1
8
9

1.9
1.6
2 . 2
1.7
1.5
1 . 5
1.1
1.0
. 8

—NOV....|

10.5

- 5 0 . 4

— D E C . . . . |

415.

7 . 5

- 4 8 . 4

. 9

—BAR... . |
- B A Y . . . . !

*

LOANS




- 1 . 4

434.

OUTSTANDING

AT

9
6
5
0

END

OF

-

4
4
4
4

4
8
3
2

.
.
.
.

7
8
5
0

- 3 4 . 8

PRECEDING

MONTH.

1.0
. 7
1.2
. 9
. 9

386.

1
9
2
5

8
7
0
4

.
.
.
.

0
8
4
7

3.2
5 6
- 2 9
5 2
- 1 0
6
- 3

.
.
.
.
.
.

1.5
1.4

299.

201.
286.
322.
291.
356.
374.
359.
379.

263.
241.

1.9
2.2
1.7
2 . 0
1.9
1.6
1.6
1.5
1.6
1.5
1.6

1.6

0
9
3
1

2 0 . 3
3 9 . 9
15.2
8 . 4
4 7 . 2

2
0
1
8
4
4

2 4 . 4
3 2 . 6
5 4 . 4

2.4
1.7

532.

1.8

642.

- 2 . 0
2 0 . 6

4 2 . 5

461.

6 6 . 5

2 . 2

404.
658.
764.
993.
1041.
799.
632.

782.
702.
904.
9 3 5 .
827.

2 1 . 9
- 1 0 . 2
2 8 . 8
3 . 4
- 1 1.6

2
6
3
6
3

6 2 7 .
603.

- 2 4 . 1
- 3 . 9
- 2 9 . 8
7 . 0
10.9

2 . 6
2 . 3
2 . 9
3 . 0
2 . 5
1.9
1.8

- 2 3 . 6
9 . 9
- 7 . 5

- 1 3 . 3
4 8 . 9

- 1 8 . 2
1.0

2 2 . 4
- 9 . 3
3 7 . 5
—6.0
- 6 . 5

1.4

528.
4 6 7 .
456.

348.
413.
423.

402.
366.

517.

.
.
.
.
.

277.

485.
475.

18.4
4 0 . 9

3
3
2
5
8

.
.
.
.

1.5
1.9

6 . 5

2
5
0
3
4

1
1
2
6

2 . 2
1.9
2 . 0

- 2 5 . 6
3 1 . 8

4
4
5
4
6

0
4
0
1

3 6 . 2

412.
543.

6 2 0 .
531.

4
3
3
2

2 . 6
2.2
2 . 3

3 4 . 9
4 2 . 1
4 4 . 0

640.
618.
604.

291.
335.
393.

1.3
1.5
1.7

12.
10.
- 4 .
2 4 .

602.

4
0
0
1

263.
244.

8 . 8
- . 7

338.

2
3
8
7

.
.
.
.

368.
358.
318.

322.
301.

- 1 1 . 1
—6.9

15.0

.
.
.
.

3 . 0

349.
386.

10.
- 2 3 .
5 8 .
- 2 1 .

9
4
1
6

2 . 0

. 7
. 8

0.
1 .
7.
0.

0
4
9
7

1 1 . 2
16.3
3 . 0

- 9 . 5
10.7
- 3 . 0

- 5 5 . 3
- 5 9 . 7

46
3 5
55
44

- 4 . 8
17.7
9 . 7

348.
3 8 5 .
374.

- 9 . 0

1
1983—JAN....|

.
.
.
.

2 8 . 1
2 1 . 0
13.3

.
.
.
.

3
2
3
3
3

1
4
4
0
8
4

- 4 . 2
- 1 8 . 9
- 6 . 6

289.
275.

181.
296.
386.

2. 1
2.1
2 . 0
1.9

16.3
3 7 . 6
2 3 . 0

5
4
3
2

2 . 0
1.9

3
6
3
5
2

522.
568.

5
5
3
9

2.
1 .
4 .
4 .
7 .
7 .

435.
516.
389.

- 1 . 6

- 2 . 5
- 1 7 . 3
5 . 1

2 . 4
2 . 8

2 0 . 3
- 1 1 . 8
2 5 . 4
5. 1
- 1 0 . 5
- 2 0 - 5
- 8 . 3
- 2 9 . 1
8 . 8
10.7

- 2 6 . 8
. 3

.
.
.
.

344.
363.
402.
379.
353.

2.0
1.9
2 . 9

15.7

5
9
2
0

BENTS

2. 1
1.7
1.9
1.7
1.5
1.4
1.4
1.5
1.9

2 2 . 5
2 5 . 2

5 9 . 4

442.
366.
3 8 5 .

4 5 . 6
6 7 . 0

970.
856.
1074.
1129.
1010.
803.
736.

8 . 9
- 8 . 0

40
39
38
31

OF

REPAY-

218.
275.
399.

2 . 7

7
2
5
7

404.

404.
374.

7
0
6
1

2 .
- 6 .
3 5 .
10.

12.6
2 3 . 9

376.

458.

PERCENTAGE

2.0
1.7

6 . 7
- 6 . 5
5 . 9
10.4
6 . 3

3
2
0
1
3
0

346.
552.

475.
476.

4
6
0
8

YEAR

- 1 5 .
10.
- 8 .
- 1 4 .
- .
- 3 .

2 9 4 .
324.
298.
256.
255.
248.
279.
345.

AS

I LOANS O U T 1 STANDING*

- 2 . 8
- 1 . 8
19.9

454.

2 . 4

1 9 8 0 - J A N . . . . |

.
.
.
.
.

BO NTH

447.

2 . 5
1.9

- . 9

2
7
2
0
9

LOANED

CHANGE

PREVIOUS

473.
453.
474.

2 . 5
2 . 0
2 . 1
1.9

1 5 . 3

17.8

44
40
38
33
30

FROM

- 1 6
4 2
- 2 3
2 0

4 2 . 2

807.

.
.
.
.

4
3
4
3

3
0
8
2
5

- 2 4 . 2
3 1 . 7

685.

2
9
3
6

283.
441.
3 4 7 .

2
3
4
3

.
.
.
.
.

525.
691.
- D E C . . . . !

.
.
.
.

1
325.

43
44
50
46

HONEY

4 . 2
- 1 3 . 1
5 6 . 0
- 2 1 . 2

BENTS
264.
337.
478.

PERCENTAGE

1

2
2
2
2
2

692.

—A U G . . . . 1

8
3
2
3

DOLLARS

324.
356.

3
3
4
4

748.
657.

REPAY-

|
|

340.
304.

- 5 . 4
- 1 2 . 0
5 . 2

790.
— J U N . . . . |
- J U L . . . . J

BILLIONS
OF

2 . 0
2 . 1

2 . 6

1
1978—JAN....|

OF

223.
3 6 7 .

2 . 5

34. 1
2 5 . 6
1 7 . 5

7 . 2

STANDING*

2 . 7
2 . 6

19.4
4 2 . 5
2 4 . 9

2
7
6
8

OUT-

2 . 5
2 . 3
3 . 6

2 3 . 8
2 8 . 7

58. 1

403.
3 8 0 .
359.

1

- . 1
20. 1
10.0

- 9 . 4
- 1 2 . 6
. 8
- 3 . 0
11.8
2 4 . 8

492.

- D E C . . . . |

|

l_

528.
436.

- M A Y . . . . |

1977-JAN

CHANGE

393.
347.

- F E B . . . . 1
— MAR. . . . |
- A P R . . . . |

LOANED

CLOSED

|LOANS

1

1
1

FEDERAL LAND BANKS
C L O S E D A N D NEW N O N E T

- 1 2 . 9

9 . 9
4 . 2
8 . 9
1 . 1
3 . 8
5. 1
16.0

1.2
1.3
1.4
1.2

472.
511.
423.
512.

326.
539.
643.
822.
852.
624.
518.
50
42
42
37

2
4
2
4

.
.
.
.

1.8

38 1.

2 . 2
2 . 0
2 . 7
2.4
2.2
2. 1
2.0
1.5
1.6
1.7

343.
572.
671.
661.
724.
742.
706.
791.

1.5
1.5

556.
324.

1.5

259.

793.
7 1 9 .
989.
929.
8 6 9 .
824.
803.
626.
676.
699.

- 5 . 2
- 2 . 5
- 2 2 . 0
7 . 9
3 . 5

6 2 2 .
645.

- 1 1 . 1
3 . 7

6 6 1 .
541.

2 . 6
- 1 8 . 2

- 1 6 . 6
- 2 4 . 8

7 9 0 .
5 8 9 .
516.

4 5 . 9
- 2 5 . 5

- 2 0 . 2
- 3 6 . 7

1.2
1.8
1.3

3
0
3
9

1. 1

552.
396.
368.

- 1 2 .
7 .
- 2 8 .
- 6 .

- 4 0 . 6
- 3 3 . 0
- 5 0 . 7

1.2
. 9

406.
421.
308.

- 4 1 . 2

. 8

276.

248.

292.

- 2 0 . 7

- 5 6 . 8

244.
202.
173.

277.
309.
316.

- 5 . 2
11.7

- 6 0 . 4

• 6
• 6
. 7

188.
194.

126.
170.
187.

3 5 5 .
2 7 4 .

4
7
8
8
8

1
2
1
2
7

6
6
9
0
5

.
.
.
.
.

9
8
9
9

3
6
7
6

0
7
0
1

.
.
.
.

866.
697.
404.
325
482
555
484
524
529
396
349

.
.
.
.
.
.
.
.

195.
187.

443.
350.
333.

2. 1
12.4
- 2 2
6 1
- 2 0
- 5

.
.
.
.

9
8
9
0

2 . 5
9 . 4
—. 6
5 . 1
3 1 . 3
3 3 . 2
4 7 . 9
4 9 . 2
3 9 . 2
4 2 . 8
- . 5

- 5 0 . 2
- 5 1 . 0
-

4
4
4
4

6
9
3
0

.
.
.
.

3
4
9
5

- 3 5 . 5

. 7
.
.
.
.

756.
700.

444.
376.

162.
131.
97.

8
6
9
7

132.
149.

. 7

143.

155.

TABLE 2 2 3 - 2 8

FEDERAL LAND BANKS
LOANS CLOSED AND NEW MONEY LOANED
SEASONALLY-ADJUSTED ANNUAL BATE
NEti MONEY LOANED

LOANS CLOSED
|

MILLIONS

|

I
J

OF
DOLLARS

|

I

1976-JAN...
-FEB...
-MAR...
-APR...
-HAY...
-JUN
—JUL...
-AUG...
-SEP...
-OCT.-.

PERCENTAGE CHANGE
FROM PREVIOUS

1-

. TEAR

.2
-.0
18.3
10.0
-4.6
6.9
10.6
12.6
5.4
-.9
34.9
16.2

-9.6
3.4
8.1
-3.3
-16.6
15.6
2.5
-5.5
5.3
-4.9
9.8
9.9

-1.5
-1.9
18.3
7.2
-6.8
4.0
9.3
6.3
4.8
-5-2
37.5
10.5

22.
22.
24.
23.
19.
21.
22.
20.
21.
20.
21.
23.

344.
294.
333.
304.
293.
326.
330.
308.
266.
296.
300.
327.

19. 1
23.6
27.4
19.3
40.3
24. 1
35.0
26.2
19. 1
15.3
21.0
2.5

28.
29.
32.
29.
28.
28.
31.
28.
27.
25.
28.
26.

359.
393.
412.
416.
364.
327.
329.
381.
421.
381.
386.
405.

4097.
4422.
4868.
4403.
4282.
4469.
4795.
4289.
4297.
3976.
4604.
4416.

-4.3
7.9
10.1
-9.6
-2.8
4.4
7.3
-10.5
.2
-7.5
15.8
-4.1

16.9
22.0
24.2
16.2
35.4
22.2
28.0
21.1
15.2
12.1
18.2
3.2

22.
23.
26.
23.
22.
23.
24.
21.
21.
19.
22.
21.

285.
3 « 326.
327.
286.
259.
256.
292.
329.
296.
301.
324.

13. 5
5. 1
-6.9
15. 7
-1.0
3. 8
-3.6
-10. 1

8.3
-. 1
-9.0
-6.4
9.0
10.8
-5.7
20.4
21. 1
35. 1
12.9
8.5

26.
25.
25.
24.
26.
28.
25.
29.
28.
29.
28.
24.

395.
377.
355.
332.
353.
385.
407.
420.
428.
419.
428.
362.

4459.
4348.
4329.
4052.
4736.
4971.
4592.
5373.
5229.
5548.
5358.
4816.

1.0
-2.5
4
—6.4
16.9
5.0
-7.6
17.0
-2.7
6. 1
-3.4
-10.1

8.8
-1.7
-11.1
-8.0
10.6
11.2
-4.2
25.3
21.7
39.5
16.4
9.1

21.
20.
20.
18.
21.
22.
20.
23.
22.
23.
22.
20.

315.
297.
275.
256.
282.
307.
321.
335.
336.
336.
344.
291.

35.4
-17-3
7.8
6.9
5.9
1.9
1
16.6
-20.2
25.6
.2
3.4

45.2
21.6
29.3
47.7
37.8
33.6
43.3
44.5
16.5
41. 1
46.5
68.5

33.
27.
28.
30.
31.
31.
31.
3528.
34.
34.
34.

539.
446.
446.
466.
470.
515.
490.
574.
511.
587.
578.
619.

6530.
5375.
5749.
6176.
6396.
6772.
6557.
7756.
6242.
7791.
7657.
8075.

35.6
-17.7
6.9
7.4
3.6
5.9
-3.2
18.3
-19.5
24.8
-1.7
5.4

46.4
23.6
32.8
52.4
35.1
36.2
42.8
44.3
19.4
40.4
42.9
67.6

26.
21.
23.
24.
24.
25.
24.
28.
22.
27.
27.
28.

434.
357.
354.
372.
367.
418.
385.
458.
411.
469.
452.
495.

5.4
1.5
-10.2
21. 3
-10.5
-15.0
4.7
-21. 1
14. 1
4. 1
-11.4
25.7

31.2
61.0
34. 1
52.2
28.7
7.3
12.5
-23.9
8.8
-9.9
-20.3
-3.1

36.
35.
31.
37.
33.
27.
28.
22.
25.
25.
22.
27.

647.
671.
673.
858.
810.
633592.
561.
445.
506.
517.
614.

8438.
8819.
7970.
9770.
8599.
71867635.
5961.
6882.
7170.
6255.
8169.

4.5
4.5
-9.6
22.6
-12.0
-16.4
6.2
-21.9
15.5
4.2
-12.8
30.6

29.2
64.1
38.6
58.2
34.4
6.1
16.4
-23.2
10.2
—8.0
-18.3
1.2

28.
29.
26.
31.
27.
22.
23.
16.
20.
21.
18.
23.

513.
547.
553.
712.
660.
508.
482.
452.
362.
413.
415.
512.

7.4
9.7
-6.3
10.2
-7.3
4. 1
9-7
-13.0
17.3
-6.2
-7.5
-9. 1

-1.3
6.7
11.3
1. 1
4.7
28.3
34.4
4 8. 1
52.2
37.2
43.3
3.6

29.
31.
29.
31.
29.
29.
32.
27.
31.
29.
26.
23.

670.
743.
721.
705.
674.
722.
825.
883.
823.
824.
766.
540.

8563.
9058.
8640.
9563.
9092.
9542.
10192.
8865.
10306.
10026.
8884.
8094.

4.8
5.8
-4.6
10.7
-4.9
5.0
6.8
-13.0
16.3
-2.7
-11.4
-8.9

1.5
2.7
8.4
-2.1
5.7
32.8
33.5
48.7
49.7
39.8
42.0
-.9

24.
25.
23.
25.
23.
24.
25.
2225.
24.
21.
19.

546.
583.
576.
566.
555.
599.
667.
714.
660.
685.
610.
431.

8740.
7783.
7082.
7761.
6467.
6707.
5766.
4 863.
5519.
5233.

-10.4
-4.4
.6
-10.9
-9.0
9.6
-16.7
3.7
-14.0
-15.7
13.5
-5.2

-13.6
-24.7
-19. 1
-34.6
-35.9
-32.5
-48.7
-38.8
-55.1
-59.7
-50.5
-48.4

21.
20.
20.
17.
16.
17.
14.
14.
12.
10.
12.
11.

527.
494.
487.
412.
406.
410.
378.
320.
214.
231.
221.
229.

7149.
6849.
6818.
5995.
5464.
6450.
4985.
5265.
4455.
3977.
4403.
3951.

-11.7
-4.2
-.4
-12.1
-8.9
18. 1
-22.7
5.6
-15.4
-10.7
10.7
-10.3

-16.5
-24.4
-21. 1
-37.3
-39.9
-32.4
-51.1
-40.6
-56.8
-60.3
-50.4
-51.2

16.
15.
15.
13.
12.
14.
11.
11.
10.
8.
9.
8.

415.
390.
380.
318.
313.
340.
291.
251.
166.
189.
176.
173.

5030.
4446.
4905.
4517.
4667.

-3.9
-11.6
10.3
-7.9
3.3

-44.6
-4 8.8
-43.9
-42.0
-34. 1

11.
9.
10.
9.
10.

206.
174.
164.
167.
146.

3846.
3469.
3805.
3567.
3557.

-2.6
-9.8
9.7
—6.3
-.3

-46.2
-49.3
-44.2
-40.5
-34.9

8.
7.
8.
7.
7.

157136.
127.
132.
111.

-DEC...
1977-JAN..
-FEB..
-MAR. .
-APR..
— MAY. .
-JUN..
-JUL..
—AUG- .
-SEP..
-OCT..
-NOV..
-DEC..

5158.
5528.
6154.
5599.
5456.
564 2 .
6173.
5593.
5504.
5118.
5910.
5524.

-4. 3
7.2
11.3
-9.0
-2.5
3.4
9. 4
-9.4
— 1.6
-7.0
15. 5
-6.5

- - - 5 5 2 4 ..
15588
Il 5 5 9 8 .
"
5241.
--I
- 1 5 9 4 6 ..
0
• • I6 2 5 9 .
.I 6 7 3 1 .
. 581
6664.

.I 6 9 1 6 .
.
. I 65 69 6 9 ..
.
95
--I
I 16
1 9 7 9 - J A H . . • » I8 1 .
- F E B . . .I
. 6 7 1 6 ..
-MAR.. » »
I 7238
- A P R . . -I
- 7739.
- M A Y . . . . I8 1 9 4 .
47
- J U N . . .I
. 8 3 4 1 ..
— J U L . . .I
. 83
- A U G . . - • I9 7 2 5 .
7765.
-SEP.. --I
- O C T . . .I
. 9755.
- N O V . . • • I9 7 7 3 .
- D E C . . • - 10102.
1
1 1
1980-JAN.. • • I 0651.
10809.
-FEB.. - - 1
- M A R . . .I
. 191 77 0 7 ..
75
-APR..
-MAY..
-JUN..
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

10543.
8960.
9380.
7405.
844 7 .
8790.
7788.
9789.

•..I
-I
.I
.
••I
.I
.
1
1981-JAN. -1 10514.
.
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

--I

11533.

••I

10806.

--I

10965.

1
• • 11907.
- I 1 1 4 9 6 ..
- 11043
••I
12611.

.I 1 2 8 5 7 .
. 12062.
• • I16
110
• • - I 1 4 0 ..
10

1982-JAN.
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP. • •
-OCT.
-NOV..
-DEC..
1983-JAN..
-FEB..
— MAR. .
-APR..
-MAY..

9085.

8686.

• I

-I

1. 4

* SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING MONTH.




1
AS PERCENTAGE OF
1
REPAY| LOANS O U T 1
S T W I N G * . . . . fl«*TS

MONTH

4457

-It

REPAYMENTS

PERCENTAGE CHANGE
FROM P R E V I O U S

3504.
3624.
3919.
3790.
3162.
3656.
3747.
3542.
3729.
3546.
3895.
4280.

4572.
4431.
4623.
4440.
4886.
5389.

1978—JAN.
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

| LOANS OUT1
STANDING*

MILLIONS |
OF
|
DOLLARS |
«

425.
363.
410.
376.
361.
406.
403.
386.
330.
370.
377.
412.

YEAR

3.2
8.0
-2. 8
-17.2
16.9
. 5
-3. 1
4. 3
-4. 0
10. 1
10.3

I

AS PERCENTAGE OF

27.
27.
29.
28.
23.
27.
26.
25.
26.
25.
27.
29.

4332.
4473.
4829.
4695.
3889.

- N O V . . .

|

*

TABLE 2 2 3 . 3 H

FEDERAL LABD BASKS
LOANS CLOSED AMD MSB HOMEY LOANED
TSELVE-HOMTH HOYINS TOTAL
MEM HOMEY LOANED

LOANS CLOSED
CHANGE FROH
P R E V I O U S YEAR
BILLIONS
OF
DOLLARS

AS PERCENTAGE OF
1
|
1
1 LOANS OUTSTANDING*
PERCENT |
1

is

1
1
1
YEAR
| MILLIONS
OF
ENDING—
1
DOLLARS
1
1
1
1
4214.
1976-JAN
1
4214.
-FEB
1
-MAR....|
4302.
4342.
-APR
*
4 327.
-MAY
1
4359.
—JOB....|
4395.
— J U L . . a .I
—AO G . . . . |
4428.
4440.
-SEP
|
4434.
-OCT
4523.
-NOV....I
4585.
-DEC
1

AS PERCENTAGE OF
CHANGE FROH
||
I|
PREVIOUS YEAR
|I
M I L L I O N S ||
OF
|
REPAYDOLLARS |I M I L L I O N S
I| LOANS O U T MENTS
PERCENT ||
STANDING*
OF
I1
II
1 DOLLARS

210.
116.
109.
95.
62.
62.
139.
211.
220.
211.
341.
366.

5.2
2.8
2.6
2.2
1.5
1.4
3.3
5.0
5.2
5.0
8.2
8.7

28.
28.
28.
28.
27.
27.
27.
27.
27.
26.
27.
27.

451.
433.
424.
412.
404.
400.
398.
394.
389.
385.
384.
387.

3468.
3463.
3536.
3558.
3537.
3556.
3584.
3599.
3605.
3589.
3662.
3696.

80.
5.
3.
-8.
-38. .
-39.
33.
88.
106.
90.
217.
218.

2.4
.1
.1
-.2
-1.1
-1.1
.9
2.5
3.0
2.6
6.3
6.3

23.
23.
23.
23.
22.
22.
22.
22.
22.
21.
22.
21.

371.
356.
348.
338.
330.
326.
324.
320.
316.
311.
311.
312.

1977-JAN
1
-FEB
J
—MAR.... |
-APR... . |
— HAY. . . . |
-JON....|
-JUL.... |
— AUG. . . . |
-SEP....#
-OCT
1
-NOV... .|
-DEC...,|

4656.
4739.
4890.
4975.
5130.
5231.
5356.
5438.
5494.
5539.
5608.
5619.

442.
525.
588.
633.
803.
871.
960.
1010.
1054.
1105.
1085.
1034.

10.5
12.4
13.7
14.6
18.6
20.0
21.9
22.8
23.7
24.9
24.0
22.5

27.
27.
27.
28.
28.
28.
29.
29.
29.
28.
28.
28.

374.
377.
379.
383.
385.
380.
375.
375.
381.
381.
381.
381.

3747.
3810.
3921.
3978.
4089.
4163.
4247.
4301.
4335.
4362.
4408.
4418.

278.
347.
385.
420.
551.
608.
664.
702.
729.
773.
7*6.
723.

8.0
10.0
10.9
11.8
15.6
17.1
18.5
19.5
20.2
21.5
20.4
19.6

21.
22.
22.
22.
22.
22.
23.
23.
23.
22.
22.
22.

301.
303.
304.
306.
307.
303.
297.
297.
300.
300.
300.
299.

1978-JAM....|
-FEB
\
— HA R . . . . |
-APR
|
-HAY
1
—JUN....J
-JUL....*
-AUG... .|
-SEP
|
—OCT... . |
— NOV. . . . |
1
-DEC
1
1979—JAN.-..|
—FEB....|

5658.
5662.
5602.
5572.
5625.
5678.
5648.
5726.
5 8 0 1.
5928.
5980.
6014.

1002.
923.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

21.5
19.5
14.5
12.0
9.7
8.6
5.5
5.3
5.6
7.0
6.6
7.0

28.
28.
27.
27.
27.
27.
26.
26.
26.
26.
26.
26.

384.
384.
377.
370.
370.
376.
381.
384.
386.
389.
392.
386.

4452.
4449.
4388.
4360.
4408.
4452.
4436.
4510.
4569.
4679.
4728.
4758.

705.
639.
466.
382.
320.
289.
189.
210.
234.
317.
320.
340.

18.8
16.8
11.9
9.6
7.8
6.9
4.4
4.9
5.4
7.3
7.3
7.7

22.
22.
21.
21.
21.
21.
20.
21.
21.
21.
21.
21.

302.
302.
296.
290.
290.
295.
299.
303.
304.
307.
310.
306.

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

588.
682.
922.
1192.
1359.
1493.
1719.
1852.
1847.
1924.
2088.
2377.

10.4
12.0
16.5
21.4
24.2
26.3
30.4
32.3
31.8
32.5
34.9
39.5

27.
27.
27.
28.
29.
29.
29.
30.
30.
30.
30.
31.

398.
403.
4 13.
426.
439.
452.
458.
469.
474.
486.
497.
518.

4951.
5035.
5195.
5400.
5564.
5719.
5872.
6042.
6106.
6263.
6422.
6678.

500.
586.
808.
1040.
1156.
1267.
1437.
1531.
1536.
1584.
1693.
1920.

11.2
13.2
18.4
23.9
26.2
28.4
32.4
33.9
33.6
33.9
35.8
40.4

21.
21.
22.
22.
23.
23.
23.
24.
24.
24.
24.
25.

315.
320.
329.
340.
350.
360.
365.
374.
378.
388.
395.
412.

8627.
8953.
9228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
9649.
9619.

2382.
2610.
2705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

38. 1
41.1
41.5
42.3
41.0
38.0
35.4
29.4
28.8
24.7
19.6
14.6

32.
32.
33.
33.
34.
33.
33.
32.
31.
31.
30.
29.

525.
542.
565.
598.
624.
635.
642.
641.
635.
629.
626.
626.

6858.
7133.
7386.
7741.
7950.
7980.
8063.
7933.
7974.
7933.
7836.
7842.

1907.
2097.
2190.
2341.
2386.
2262.
2191.
1891.
1868.
1670.
1414.
1164.

38.5
41.6
42.2
43.3
42.9
39.5
37.3
31.3
30.6
26.7
22.0
17.4

25.
26.
26.
27.
27.
27.
27.
26.
25.
25.
24.
24.

417.
432.
452.
481.
504.
512.
519.
519.
514.
510.
509.
511.

9610.
9666.
9798.
9822.
9862.
10090.
10340.
10585.
10876.
11113.
11347.
11375.

982.
713.
570.
198.
18.
191.
362.
777.
1024.
1322.
1698.
1756.

1 1.4
8.0
6.2
2. 1
-2
1.9
3.6
7.9
10.4
13.5
17.6
18.3

29.
28.
28.
28.
28.
28.
28.
28.
29.
29.
29.
29.

629.
635.
641.
631.
625.
635.
652.
669.
695.
719.
737.
725.

7853.
7870.
7955.
7950.
7992.
8188.
8389.
8591.
8814.
9011.
9198.
9194.

995.
738.
569.
209.
43.
208.
325.
658.
840.
1078.
1361.
1352.

14.5
10.3
7.7
2.7
.5
2.6
4.0
8.3
10.5
13.6
17.4
17.2

23.
23.
23.
23.
22.
23.
23.
23.
23.
23.
24.
23.

514.
517.
520.
511.
506.
515.
529.
543.
564.
583.
597.
586.

11245.
11018.
10799.
10404.
10019.
9682.
9204.
8902.
8428.
7911.
7519.
7129.

1636.
1352.
1001.
583.
158.
-408.
-1136.
-1683.
-2448.
-3201.
-3828.
-4246.

17.0
14.0
10.2
5.9
1.6
-4.0
-11.0
-15.9
-22.5
-28.8
-33.7
-37.3

28.
27.
26.
25.
23.
22.
21.
20.
19.
18.
17.
16.

706.
684.
658.
628.
602.
575.
542.
508.
464.
425.
388.
360.

9062.
8884.
8685.
8344.
7990.
7719.
7311.
7053.
6669.
6247.
5935.
5606.

1209.
1014.
729.
394.
-2.
-470.
-1077.
-1538.
-2145.
-2764.
-3263.
-3588.

15.4
12.9
9.2
5.0
-.0
-5.7
-12.8
-17.9
-24.3
-30.7
-35.5
-39.0

22.
22.
21.
20.
19.
18.
17.
16.
15.
14.
13.
12.

569.
552.
530.
504.
480.
459.
431.
403.
367.
336.
306.
283.

6758.
6423.
5994.
5676.
5444.

-4488.
-4595.
-4805.
-4729.
-4575.

-39.9
-41.7
-4 4.5
-45-4
-45.7

15.
14.
13.
12.
12.

323.
298.
263.
242.
222.

5300.
5032.
4686.
4447.
4264.

-3763-3852.
-3999.
-3896.
-3726.

-41.5
-43.4
-46.0
-46.7
-46.6

11.
11.
10.
10.
9.

254.
234.
206.
190.
174.

—JON....|
-JUL....|
—AUG....|

-NO?
-DEC

1
1
1
1980—JAN..•. |
-FEB
!
-MAR
|
-JON... . |
—JUL..«.|
—AO G . . . . |
-OCT. . . . I
-NOV... . |
1
-DEC
1
1981—JAM.... |
-FEB....|
—MAR... . |
-B&TIIIII
-JUM... - J
—JUL....|
-AOG
1
-OCT...-1
-DEC...-I
1
1982-JAN...•|
-FEB....|

— HAY.. . . |
-JUM....#
—JUL....1
— AUG. . . . |

-NOV.... I
-DEC....1
1
1
1983—JAM... |
- F E B . . . . ||
|
- A P R . . . . !|
— H A Y . . . . |I
1
L

•

..

AVERAGE LOAMS OUTSTANDING DURING THE PRECEDING T i E L V E MONTHS




(AVERAGE OF END-OF-HOHTH D A T A ) .

TABLE 2 2 4 . 1 S

FEDERAL L A I D BANKS
REFINANCING AND REPAYMENTS

MONTH

1 MILLIONS

" " J " PERCENTAGE CHANGE
FROM PREVIOUS
1

17.
19.
16.
20.
19.
20.
19.
20.
21.
2120.
21.

31.
38.
44.
47.
46.
50.
47.
47.
46.
45.
40.
39.

149.
103.
110.
101.
81.
81.
79.
73.
79.
82.
106.
142.

10.0
-31.0
7.4
-8.5
-19.8
—. 5
-2.2
-7.9
9.3
3.5
29.2
33.3

10.6
60. 6
61.9
58. 3
28.6
32.9
23.7
36. 4
25.4
17.2
32.2
4. 5

.9

29.1
29.5
46.2
31.8
63.2
32.8
60.0
44. 1
33.3
26. 1
31.7
1.1

.5
.4
.7
.6
.6
.5
.5
.5
.4
.4
.4
.4

19.
19.
19.
23.
22.
21.
22.
23.
24.
23.
23.
21.

30.
42.
47.
5250.
46.
46.
50.
55.
47.
43.
39.

208.
117.
143.
110.
113.
125.
132.
93.
74.
92.
123.
148.

46.7
-43.6
22. 1
-23.3
3.3
10.6
5.0
-29.6
-20.5
25.3
33.6
20.0

39.3
13.8
29.5
8.6
39.9
55. 6
67.0
27.6
-7.3
12. 1
15.9
4.4

1.1

.3
-4.4
43.6
-9.4
.8
.2
-18.2
. 1
11.3
-6. 0
-4.0
1.0

6.6
7.2
.9
-1.0
3.5
9.4
-12.7
3.3
18.2
20.8
2. 1
4.7

.4
.4
.6
.5
.5
.5
.4
.4
.5
.4

19.
21.
21.
24.
21.
21.
21.
20.
24.
21.
21.
20.

31.
43.
46.
47.
48.
50.
49.
49.
55.
47.

37.7
-40.9
26.7
-15.2
-1.3
-7.2
-13.9
-.4
-14.4
30.2
9.6
43.9

-2.0
2.7
6.6
17.9
12.6
-5. 6
-22.5
9.7
18. 1
22.7

35.

203.
120.
152.
129.
128.
118.
102.
102.
87.
113.
124.
178.

20.7

.9
.6
.7
.6
. 6
.5
.4
.4
.4
.5
.5
.7

132.
103.
148.
153.
173.
151.
138.
138.
113.
148.
152.
165.

35.5
-22. 1
43.8
3. 1
13.0
-12.7
-8.5
.3
-18.5
31. 1
3. 1
8.3

41.4
15.3
15.5
31.4
47.2
28.3
43.5
43.7
5.3
47.0
57.8
69.2

.5
.4
.6
.6
.7
.6
.5
.5
.4
.5

18.
19.
19.
21.
22.
20.
21.
20.
21.
21.
22.
20.

38.
46.
48.
53.
57.
56.
53.
56.
57.
56.
53.
49.

217.
123.
158.
137.
131.
117.
123.
108.
85.
114.
133.
175.

21.9
-43.4
28.3
-13.1
-4.6
-10.7
5.3
-12. 1
-21.5
34.8
15.9
32.2

6.9
2.3
3.6
6. 1
2.5
-1.3
20.7
6.5
—2. 3
1. 1
7.0
-1.7

.9
. 5
.6
• 5
.5
.4
. 5
.4
.3
.4
. 5
. 6

188.
15*.
170.
194.
184.
176.
133.
99.

14. 1
-18. 1
10.0
14. 1
-5.3
-4.3
-24.0
-25.8
16.2
9.9
-14.2
18.5

42.5
49.9
14.6
26.9
6.4
16.7
-3. 1
-28.3
2.2
-14.3
-28.7
-22.0

19.
18.
16.
17.
18.
22.
18.
19.
20.
20.
20.
17.

44.
54.
55.
63.
65.
64.
53.
54.
5252.
48.
43.

240.
130.
141.
97.
100.
116.
84.
107.
119.
116.
170.

37.0
-45.7
8.0
-19.2
— 14. 7
3.6
15.9
-27.6
26.8
11.5
-2.2
46.2

10.4
5.9
-10.8
-17. 1
-25.8
-14.0
—5. 3
-22.0
26.0
4.2
-12. 1
-2.8

.8
.4
.5
.4
. 3
-3
.3
-2
• 3
• 3
.3

17.
21.
18.
19.
17.
20.
19.
18.
21.
19.
20.
20.

42.
61.
60.
61.
60.
65.
62.
64.
67.
62.
58.
45.

231.
126.
147.
141.
120.
111.
114.
79.
89.
100.
112.
199.

35.7
-45.6
17.2
-4.5
-14.7
-7.5
2.5
-30.4
12.9
11.9
11.8
78. 1

-3.7
-3. 5
4.7
23.7
23.7
10.4
-2.3
—6. 1
-16.4
-16. 1
-4. 1
16.9

.6
. 3
• 4
.4
.3
.3
• 3
.2
.2

20.
21.
20.
22.
22.
21.
22.
21.
24.
21.
20.
24.

40.
50.
53.
52.
54.
52.
47.
42.
37.

256.

29.
29.

10.7
13. 1
20.7
11.4
5.8
18.2
13.0
68.6
73.5
43. 1
70.8
20.8

.6
.3
.4

133.
155.
143.
191.
240.

28.5
-44.4
25.0
-11.9
-18.9
3.3
-2.0
3.9
16.1
-7.7
33.4
25.9

23.
22.
20.
20.
23.

22.
27.
28.
28.
30.

364.
207.
298.
225.
232.

51.5
-43.2
43.8
-24.3
3. 1

42.4
45.6
67.5
43.9
83.0

68.
64.
87.
89.
69.
81.
69.
65.
68.
66.
72.
92.

8.0
-5.2
35.2
2.5
-22. 1
16.5
-14.9
-6.1
5.0
-2.7
8.8
28.3

6.9
8.0
21.3
25.3
8.0
21.5
13.3
36.4
9.5
18.5
27.2
46.6

88.
83.
127.
117.
113.
107.
110.
93.
90.
83.
95.
93.

-4.9
-4.9
52.6
-7.6
-3.5
-5.3
2.6
-15.4
-2.8
—8. 0
13.7
-1.5

93.
89.
128.
116.
117.
117.
96.
96.
107.
101.
97.
98.

-JUN....I
- JOL. . . . |
• AO

Gm • • • J

-DEC. e•* I
1
197 7 - J A N . . . . |
-MAR.... 1
—JU N. . . . |

-DEC
1
1
1978—JAN....|
-MAR....|
—JON.... |
-AUG....|

—DEC....|
I

1979-JAN. . . . |

—JUN.... |
-AUG....;

- N O V . . . .1
-DEC
J
I
1980—JAN.... I
-FEB....#
-MAR....|

mm m |

-JON
1
—JUL.... 1
-AUG....|
-SEP.... |
-OCT....|
—NOV. . . . |
-DEC.
1
1
198 2 - J A N
1
-FEB....*
-MAR....I
-APR. . . . |
—MAY. . . . |
-JON
1
—JUL....|
—AUG....|
—SEP....J
-OCT. . . . f
-NOV....|
-DEC.... J
1983-JAN
1
-FEB....J
-MAR... . J
— APR. . . . |
— HA Y . • . . I
, . .,J

115.

127.
109.
129.

98.
92.
72.
77.
99.
105.
78.
114.
90.
101.

.6
- 5

.6
.6
.6
.5
.4
.3
.3
.4
.3
.4

-22.6
29.0
-9.0
-5.7
1.8
6.6

1.5

. 4

142.

113.

.6

.5
.5
.6
.6
.5
.5

30.4
15.4
11.9
2.8
-18.7
14.9

170.
*45.
197.
170.
149.
142.

. 5

-10.9
25.6
27.7
15.0
-1.3
18.4
37.0
43.0
58.7
31.4
44.4
24.2

168.
194.
217.
223.
181.
208.
183.
183.
166.
157.
160.

. 4

.4

- 1 2 . 1

. 5

.3
. 4

.4
. 4

.4

1

- 2 5 . 3

. 3

36. 1
-13.9
-11.9
-4.7
-20.7
-13.6
-5.6
-21.3

-9.2
-23.9
-17.6
-31.6
-38.3
-31.1
-49.6
-56.4

.4

- 1 5 .

. 4
. 3
. 3
. 2
. 2
. 2

5 . 6

- 5 1 . 2

. 2
. 2

29.2

-38.1

. 2

6.2
-26.0
46.9
-21.4
12.6

-38.4
-46.3
-42.0
-47.1
-32.4

. 2
. 2
. 2

.2
. 2

4 4 .

114.

142.
178.
157.
127.
131.
129.

34.

1

* LOANS OUTSTANDING AT END OF PRECEDING MONTH.
" R E F I N A N C I N G OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY LOANED.
"REPAYMENTS" ARE COMPUTED AS I B * MONEY LOANED L E S S THE CHANGE I N LOAMS OUTSTANDING.




|
AS
1 PERCENTAGE
1
OF
| LOANS OUT1
STANDING*

.4
4
.5
.5
.4
.5
.4
.4
.4
.4
.4
.5

YEAR

-MAR... . |

— MA Y. . . . |
-JUN.... |
—JUL.... |
— AU G .
-SEP
1
-OCT....1
-NOV....J
—DEC....|
i
1 9 8 1—JAN
1
-FEB
|
-MAR....|
-APR....I

1
1
| LOANS OUT|
STANDING*
1

LOANS
CLOSED

MONTH

1

1 PERCENTAGE CHANGE
FROM P R E V I O U S
MILLIONS |
OF
1
YEAR
MONTH
DOLLARS 1
. 1.

AS PERCEITAGE OF
REPAYMENTS
AND
REFINANCING

DOLLARS 1
1976-JAI....)

REPAYMENTS

REFINANCING OF FEDERAL LAND BANK LOANS

T

• 6

. 4
.5
. 6

. 6
• 6
. 7
.5
.4
.4
. 6
• 7

. 5

. 2

.3
. 5

. 3

.3
.3
. 3
. 3

.3
.3
. 4
. 5

.8
.4
.6
. 5

.5

21
TABLE

224.2H
F E D E R A L L A I D BANKS
R E F I N A N C I N G AND REPAYMENTS
S E A S O N A L L I - A D J U S T E D ANNUAL RA T E

MONTH

1
I
1
| MILLIONS
1
OF
I
DOLLARS
1

LOANS
CLOSED

REPAYMENTS
AND
REFINANCING

MILLIONS
OF
DOLLARS

1
|
|
|
1

P E R C E N T A G E CHANGE
FROM P R E V I O U S

1
AS
| PERCENTAGE
1
OF
| LOANS O U T 1
STANDING*

MONTH

YEAR

1020.
1231.
1178.
1248.
1078.
1120.
1134.
1149.
1402.
1199.
1296.
1308.

-18.6
20.7
-4.4
6.0
-13.6
3.9
1.2
1.4
22.0
-14.5
8. 1
.9

10.
61.
59.
56.
26.
30.
2237.
26.
18.
34.
4.

7
4
2
6
6
4
5
8
0
6
8
4

6.3
7.6
7. 1
7.5
6.4
6.5
6.6
6.6
7.9
6.7
7. 1
7.1

42.
44.
45.
47.
44.
40.
42.
47.
48.
46.
46.
47.

1439.
1407.
1494.
1344.
1500.
1726.
1874.
1469.
1307.
1342.
1531.
1363.

10.0
-2.2
6.1
-10.0
11.5
15. 1
8.6
-21.6
-11.0
2.7
14. 1
-11.0

41.
14.
26.
7.
39.
54.
65.
27.
-6.
11.
18.
4.

1
3
8
7
1
0
3
8
7
9
1
2

7.7
7.5
7.8
6.9
7.6
8.7
9.3
7.2
6.4
6.4
7.3
6.4

20.
22.
22.
22.
21.
20.
21.
20.
21.
20.
20.
21.

44.
45.
44.
43.
42.
44.
46.
45.
48.
46.
46.
44.

1415.
1464.
1576.
1580.
1682.
1622.
1431.
1604.
1557.
1649.
1559.
1654.

3.9
3.5
7.6
.3
6.5
-3.6
-11.8
12. 1
-2.9
6.0
-5. 5
6. 1

-1.
4.
5.
17.
12—6 .
-23.
9.
19.
221.
21.

6
1
5
5
2
0
6
2
1
9
8
4

6.6
6. 7
7. 1
7.1
7. 5
7. 1
6. 2
6.9
6. 6
6.9
6. 4
6.7

MONT H

YEAR

2. 4
6. 1
3
7. 6
-18. 3
20. 1
-4. 8
4. 3
7
1. 3
10. 4
17. 2

9.5
8.8
20.3
23.4
7.1
20.6
12.6
36.3
8.6
21.5
25.8
49.9

5.0
5.2
5. 1
5.4
4.4
5.2
4.9
5. 1
5.0
5.0
5.5
6.4

18.
19.
18.
19.
19.
20.
19.
20.
19.
20.
20.
22.

44.
41.
42.
42.
41.
44.
43.
44.
39.
43.
44.
47.

-11. 0
6. 2
10. 7
-2. 9
1. 0
-2. 3
16. 7
—6. 4
-7. 2
-3. 1
14. 5
-8. 8

30.4
30.4
44.8
30.6
61.5
31.4
61. 1
44.5
33. 1
27.4
32. 1
2.8

5.6
5. 9
6.4
6. 1
6. 1
5.9
6.8
6.3
5.8
5.5
6.3
5-6

20.
20.
20.
21.
22.
21.
22.
23.
22.
23.
22.
22-

-7. 9
7. 7
2. 7
—4. 6
4. 7
4. 5
-5. 8
1 1. 2
5. 6
-1. 6
-3. 1
-5. 2

6.3
7.8
.0
-1.7
1.9
8.9
-12.0
4.5
18.9
20.7
2.2
6.2

5. 1
5-5
5.6
5.2
5.4
5.6
5.2
5.8
6.0
5. 8
5.6
5.2

6.1

1552.
1383.
1405.
1530.
1780.
1624.
1747.
1956.
1502.
2017.
2167.
2192.

-MAR....)

-JUN....|
—JUL. . . . |
-AUG....|

- N O V . . . -1
-DEC
1
1
1980—JAN.... |
— MAR. . . . |

—JUL....1
-AUG. . . . 1

|

1981-JAN....(
—MAR....|

-JON.-.- |
—JUL.... |
—AUG... — |

-DEC

|
1
1982-JAN. . . . |

—JO N. . . . |
- A U G . . . -1

—D E C . . . . I
1
|

1983-JAN

21.
-10.
1.
8.
16.
-8.
7.
12.
-23.
34.
7.
1.

5
9
6
9
3
8
6
0
2
3
5
1

40. 1
15.9
14.7
31.0
45.6
27. 1
45. 1
46. 1
6.3
45.0
60.8
71.5

6.3
5.5
5.5
5.9
6.8
6. 1
6.5
7. 1
5.4
7. 1
7. 5
7.5

19.
2119.
20.
2219.
21.
20.
19.
21.
22.
22.

51.
48.
46.
48.
5150.
51.
54.
50.
55.
56.
57.

1506.
1505.
1623.
1662.
1743.
1619.
1703.
16951520.
1661.
1692.
1632.

-9.0
-.0
7-8
2.4
4.8
-7. 1
5.2
-.4
-10.3
9.3
1.9
-3.5

6. 4
2. 8
3. 0
5. 2
3., 6
1
19. 0
5. 7
-2. 4
7
8. 6
- i . 3

2162.
2074.
1603.
1938.
1879.
1888.
1700.
1430.
1543.
1716.
1568.
1720.

-1. 3
-4. 1
-22. 7
20- 9
- 3 ., 1
5
,9
-15. 9
7.9
1 1 ., 2
—8 . 6
9.7

39.3
50.0
14.2
26.7
5.6
16.3
-2.7
-26.9
2.7
-14.9
-27.7
-21.5

7.2
6.8
5.2
6. 1
5.8
5.7
5. 1
4.2
4.5
4.9
4.4
4.8

20.
19.
17.
16.
18.
21.
18.
19.
18.
20.
20.
18.

57.
56.
53.
59.
59.
57.
52.
52.
4550.
51.
52.

1645.
1612.
1442.
1373.
1302.
1415.
1585.
1320.
1900.
1737.
1507.
1595.

.8
-2. 1
-10.5
-4.8
-5. 1
8.7
12.0
-16.7
43.9
-8.6
-13.3
5.8

9. 3
, 1
-11. 2
-17. 4
-25. 3
- 1 2 ., 6
-6.9
- 2 2 ..2
2 5 .,0
4.6
-11.0
-2. 3

5.5

1894.
2597.
2033.
2223.
1855.
2222.
2344.
2076.
2473.
2240.
2306.
2138.

10. 2
37. 1
-21.7
9. 4
-16.6
19. 8
5.5
-11.5
1 9 .. 1
-9.4
.9
-7.3

-12.4
25.2
26.8
14.7
-1.3
17.7
37.8
45.2
60.2
30.5
47.0
24.3

5.2
7.0
5.4
5.8
4.8
5.6
5.9
5. 1
6.0
5.3
5.4
4.9

18.
23.
1919.
17.
19.
19.
19.
19.
19.
21.
21.

55.
63.
58.
57.
53.
58.
61.
63.
61.
60.
61.
53.

1568.
1553.
1500.
1690.
1638.
1592.
1529.
1241.
1562.
1464.
1457.
1878.

— 1.6
-1.0
-3.4
12.7
-3. 1
-2.8
-4.0
-18.8
25.8
-6. 3
-.5
28.9

-4.7
-3.7
4.0
23. 1
25.8
12.5
-3. 5
-5.9
-17.8
-15.7
-3.3
17.8

4.3
4.2
4.0
4.4
4.2
4.0
3. 8
3.0
3. 8
3.5
3.4
4.3

1894.
1938.
1833.
1689.
1533.
1518.
1443.
1445.
1254.
974.
1132.
1321.

-11.4
2 .. 3
- 5 ,. 4
- 7 ,. 9
-9 .3
.9
-5 .0

4.3
4.4
4. 1
3.7
3. 4
3.3
3. 1
3. 1
2.7
2. 1
2.4
2.8

21.
22.
21.
22.
22.
20.
22.
22.
22.
20.
21.
25.

52.
52.
51.
47.
47.
44.
46.
41.
32.
32.
31.
37.

1724.
1757.
1794.
1887.
1745.
1895.
1712.
2099.
2688.
2106.
2500.
2284.

-8.2
1.9
2. 1
5.2
-7.6
8.6
—9. 6
22.6
28. 1
-21.7
18.7
-8.7

10.0
13. 2
19.6
11.7
6. 5
19 . 0
11 . 9
69 . 1
72 . 1
43 . 8
71 • 6
21 . 6

3.9

-13.2
-22. 3
16 . 2
16 . 6

.0
-25.4
-9.8
-24.0
-17.4
-31.7
-38.5
-30.4
-49.3
-56.5
-50.9
-38.2

1165.

-11.8
-10 .9
1. 8
-15 .5
16 . 7

-38.5
-46.5
-42.4
-4 7.1
-32.0

2.4
2.2
2.2
1.9
2.2

23.
23.
22.
20.
22.

32.
29.
26.
25.
25.

2446.
2557.
2995.
2711.
3205.

7. 1
4.5
17. 1
-9.5
18.2

41 . 8
45 . 5
67 . 0
43 . 6
83 . 7

5.1
5.4
(• 3
5.7
6* 7

— Hall. — — — |
|
1.

1042.

-9.

2.

S E A S O N A L L Y - A D J U S T ED LOANS O U T S T A N D I N G




|
|
1 LOANS O U T STANDING*
|
1

1108.
1192.
1225.
1168.
1223.
1278.
1204.
1339.
1414.
1391.
1348.
1278.

-MAY.. . . |
-JUN....|
—JUL. . . . |
-AUG....)
-SEP- - - - |
—OCT. . . . |
-NOV.... |
—DEC....|
1
1979-JAN.... |

*

P E R C E N T A G E CHANGE
FROM P R E V I O U S

AS P E R C E N T A G E OF

1042.
1106.
1224.
1188.
1200.
1173.
1369.
1281.
1189.
1152.
1319.
1203.

— MAR. . . . |

-HAY

1
]
|
|
1

REPAYMENTS

OF F E D E R A L LAND BANK LOANS

799.
84 8 .
846.
910.
743.
893.
850.
886.
893.
904.
998.
1 170.

197 6 - J A N
!
-FEB
|
—MAR....]
-APR
|
-MAY... .1
-JUN
.1
-JUL....|
-AUG
1
-SEP
|
-OCT
i
-NOV.
1
-DEC
1
1
1977-JAN
1
-FEB..
—MAR....|
—APR....|
-MAY....|
—JUN....|
-JUL
1
—AU G . . . . ]
-SEP. . . . J
—OCT. . . . |
- N O V. . . . 1
-DEC-..-1
I
1978—JAN....|

-DEC.

REFINANCING

AT END OF P R E C E D I N G

MONTH.

6.4
6. 6
6. 1
6. 3
6.2
5.4
5.9
5.9
5. 6

4. 6
4.3
4.0
4.3
4.7
3-9
5. 5
5.0
4.3
4.5

4.0
4. 2
3. 8
4. 1
3. 7
4. 5
5.8
4.5
5. 3
4.8

22
TABLE 2 2 4 . 3 M

FEDERAL LAND BANKS
REFINANCING AID REPAYMENTS
TWELVE-MONTH ROVING TOTAL
REPAYMENTS

REFINANCING OF FEDERAL LAND BANK LOANS
1

YEAR
ENDING—

I

I MILLIONS
OF
|
DOLLARS
1
1

i
1976-JAN
|
-FEB
j
-MAR....|
—APR... . |
-MAY....I
-JUN
1
—J U L . . . . |
-AUG
|
-SEP.
1
- O C T . . . .1
-NOV....|
-DEC
1
1
1977—JAN....J
-FEB
1
-MAR....|
-APR....#
-MAY.... J
-JUN....;
-JOL
1
-AUG.... |
-SEP. . . . |
-OCT
1
— NOV. . . . |
-DEC....|
1
1978-JAN
1
-FEB
|
-MAR....|
— APR. . . . |
-MAY
|
-JUN
|
—JUL. . . . 4
—AUG*...|
-SEP....*
-OCT
I
-NOV....|
-DEC
1
1
197 9 - J AM
|
-FEB....|
—MAR. . . . |
-APR.... |
-MAY
|

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

PERCENT

AS PERCENTAGE OF
LOANS OUTSTANDING*

LOANS
CLOSED

REPAYMENTS
AND
REFINANCING

CHANGE FROM
1
|
P R E V I O U S YEAR
MILLIONS 1
OF
I1
DOLLARS |! M I L L I O N S
PERCENT
OF
1
1
J1 D O L L Y S

&S
|1
|| PERCENTAGE
OF
I1
I| LOANS OUTSTANDING*
||
I1

746.
751.
766.
784.
789.
804.
812.
829.
835.
845.
860.
890.

129.
111.
106.
103.
100.
101.
106.
122.
114.
121.
125.
148.

21.0
17.3
16.0
15.2
14.5
14.3
15.0
17.3
15.8
16.8
16.9
19.9

5.0
5.0
5-0
5.0
5.0
5.0
5.0
5. 1
5.0
5.0
5. 1
5. 2

18.
18.
18.
18.
18.
18.
18.
19.
19.
19.
19.
19.

44.
44.
43.
43.
42.
42.
42.
42.
42.
42.
42.
43.

934.
973.
1015.
1053.
1071.
1091.
1106.
1125.
1141.
1153.
1179.
1185.

98.
146.
195.
235.
248.
258.
267.
287.
283.
291.
302.
265.

11.7
17.7
23.7
28.7
30. 1
31.0
31.8
34.3
33.0
33.7
34.5
28.8

6.3
6. 4
6.6
6.8
6.8
6.8
6.8
6.9
6.9
6.9
6.9
6.9

909.
928.
969.
997.
104 1.
1067.
1109.
1137.
1160.
1177.
1200.
1201.

163.
177.
202.
213.
252.
264.
297.
308.
325.
332.
339.
311.

21.9
23.6
26.4
27.1
31.9
32.8
36.6
37.2
38.9
39.3
39.4
35.0

5.2
5. 3
5. 4
5.5
5.7
5.8
5.9
6.0
6.0
6.0
6. 1
6.0

20.
20.
20.
20.
20.
20.
21.
21.
21.
21.
21.
21.

42.
4243.
43.
44.
44.
4444.
45.
45.
45.
45.

1244.
1258.
1291.
1299.
1331.
1376.
1429.
1449.
1443.
1453.
1470.
1476.

309.
285.
275.
246.
261.
286.
323.
324.
302.
300.
291.
291.

33. 1
29.3
27. 1
23.4
24.4
26.2
29.2
28.8
26.5
26.0
24.7
24.6

7. 1
7. 1
7.2
7.2
7.3
7.4
7.6
7.6
7.5
7.5
7.5
7.4

1207.
1213.
1214.
1212.
1216.
1226.
1212.
1215.
1232.
1249.
1251.
1256.

297.
284.
245.
215.
175.
159.
104.
78.
72.
72.
51.
55.

32.7
30.6
25.3
21.6
16.9
14.9
9.4
6.9
6.2
6. 1
4.3
4.6

6.0
5.9
5.9
5.8
5.7
5.7
5.6
5.5
5.6
5.6
5.5
5.5

21.
21.
22.
22.
22.
22.
21.
21.
21.
21.
21.
21.

45.
45.
4545.
44.
45.
45.
45.
45.
45.
45.
45.

1472.
1475.
1485.
1504.
1519.
1512.
1482.
1491.
1504.
1525.
1526.
1557.

228.
217.
194.
205.
187.
135.
53.
42.
61.
72.
56.
80.

18.4
17.3
15.0
15.8
14. 1
9.8
3.7
2.9
4.2
5.0
3.8
5.4

7.3
7.2
7.2
7.2
7.2
7.1
6.8
6.8
6.8
6.8
6.7
6.8

1294.
1308.
1328.
1364.
1420.
1453.
1495.
1537.
1542.
1590.
1645.
1713.

88.
95.
114.
152.
203.
226.
282.
321.
310.
340.
394.
457.

7.3
7.9
9.4
12.5
16.7
18.5
23.3
26.4
25.2
27.2
31.5
36.4

5.6
5.6
5.6
5-7
5.8
5-9
6-0
6-0
6.0
6. 1
6.2
6. 4

21.
21.
20.
20.
20.
20.
20.
20.
20.
20.
20.
20.

45.
45.
46.
46.
47.
48.
48.
49.
49.
50.
50.
51.

1570.
1573.
1579.
1587.
1590.
1588.
1609.
1616.
1614.
1615.
1624.
1621.

98.
98.
94.
82.
71.
77.
127.
125.
110.
90.
98.
64.

6.7
6.6
6.3
5.5
4.7
5. 1
8.6
8.4
7.3
5.9
6.4
4. 1

6.8
6.7
6.6
6.6
6.5
6.4
6.4
6.4
6.3
6.2
6. 1
6.0

-JUL..-.!
-AUG
|
-SEP....J
-OCT
J
-NOV
|
-DEC
|
1
1 980-JAN
1
-FEB.... i
-MAR
1
— APR. » . . J
-MAY.. . . 1
-JUN. . . . |
-JUL....|
-AUG....*
-SEP
|
—OCT.... |
-NOV.... |
-DEC
1
1
1981—JAN
|
-FEB.... |
-MAR-...1
-APR
1
—MAY.... I
-JUN....}
-JUL. . . . |
-AUG
|
-SEP
J
-OCT.... |
— NOV. . . . |
-DEC
|

1769.
1820.
1842.
188 3 .
1894.
1919.
1915.
1876.
1878.
1857.
1813.
1777.

475.
512.
514.
519.
474.
466.
420.
339.
336.
268.
168.
64.

36.7
39.2
38.7
38.0
33.4
32.1
28. 1
22. 1
21.8
16.8
10.2
3.7

6.5
6-5
6.5
6.5
6.5
6.4
6.3
6. 1
6.0
5.8
5.6
5.4

21.
20.
20.
20.
19.
19.
19.
19.
19.
19.
19.
18.

5252.
53.
54.
55.
55.
55.
55.
55.
54.
54.
54.

1643.
1651.
1634.
1610.
1576.
1560.
1554.
1530.
1552.
1557.
1541.
1536.

73.
77.
55.
24.
-13.
-28.
-56.
-86.
-62.
-59.
-83.
-85.

4. 6
4.9
3.5
1.5
-.8
-1.8
-3.5
-5.3
-3.8
—3. 6
-5. 1
-5.3

6.0
5.9
5.8
5.6
5.4
5.2
5. 1
5.0
4.9
4.9
4.7
4.7

1756.
1796.
1843.
1872.
1870.
1902.
1951.
1994.
2062.
2101.
2149.
2181.

-13.
-25.
1.
-11.
-24.
-17.
37.
118.
183.
244.
336.
404.

-.7
-1.3
.0
-. 6
-1.3
-.9
1.9
6.3
9.8
13. 1
18.5
22.7

5.2
5.3
5.3
5. 3
5.2
5.3
5. 3
5.3
5.4
5.5
5.5
5.5

18.
19.
19.
19.
19.
19.
19.
19.
19.
19.
19.
19.

53.
54.
55.
55.
54.
54.
55.
56.
57.
58.
5858.

1527.
1522.
1529.
1556.
1579.
1589.
1586.
1581.
1564.
1545.
1540.
1568.

-117.
-129.
-105.
-54.
2.
29.
33.
52.
12.
-12.
-1.
33.

-7. 1
-7.8
-6.4
-3.4
. 1
1.9
2. 1
3.4
.8
—. 8
-.0
2. 1

4.6
4.5
4.4
4.4
4.4
4.4
4. 3
4.2
4. 1
4.0
3.9
3.9

1982-JAN
|
— FEB. . . . |
-MAR....|
-APR
|
-MAY
|
-JUN
J
-JUL
|
-AUG. . . . |
-SEP....|
—OCT- . . . |
—NOV....|
-DEC
1

2183.
2134.
2114.
2061.
2029.
1963.
1893.
1849.
1758.
1665.
1584.
1523.

427.
338.
271.
189.
159.
61.
-58.
-145.
-303.
-437.
-565.
-657.

24.3
18.8
14.7
10. 1
8.5
3.2
-3.0
-7.3
-14.7
-20.8
-26.3
-30. 1

5.4
5.2
5. 1
4.9
4.7
4.5
4.3
4.2
3.9
3.7
3.5
3.3

19.
19.
20.
20.
20.
20.
21.
21.
21.
21.
21.
21.

58.
57.
56.
55.
55.
54.
53.
51.
49.
47.
45.
43.

1593.
1610.
1640.
1656.
1663.
1683.
1698.
1752.
1818.
1861.
1940.
1982.

67.
87.
111.
100.
84.
94.
112.
171.
254.
317.
401.
413.

4.4
5.7
7.3
6.5
5.3
5.9
7.0
10.8
16. 3
20.5
26.0
26.3

3.9
3.9
3.9
3.9
3.9
3.9
3.9
4.0
4. 1
4.1
4.3
4.3

1983-JAN.... |
-FEB. . . . |
-MAR
|
—APR....|
-MAY....!
I

1458.
1391.
1308.
1228.
1180.

-725.
-743.
-806.
-833.
-849.

-33.2
-34.8
-3 8.1
-40.4
-41.8

3.2
3.0
2.8
2.6
2.5

22.
22.
22.
22.
22.

41.
39.
37.
34.
33.

2090.
2155.
2275.
2344.
2449.

497.
545.
635.
687.
786.

31.2
33.9
38.7
41.5
47.3

4.5
4.6
4.9
5.0
5.2

* AVERAGE LOANS OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END-OF-HONTH D A T A ) .
" R E F I N A N C I N G OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY LOANED.
"REPAYMENTS" ARE COMPUTED AS NEW MONEY LOANED L E S S THE CHANGE I N LOAMS OUTSTANDING.




TABLE

231.

18
L I F E INSURANCE COMPANIES
MORTGAGES O U T S T A N D I N G AND A C Q U I R E D

FARM
FARM
MILLIONS

OF

MORTGAGES

FARM

OUTSTANDING
PERCENTAGE

DOLLARS

FROM
END

CHANGE

OF

FROM

CHANGE

MILLIONS

OF

MORTGAGES

ACQUIRED
PERCENTAGE

DOLLARS

FROM

PREVIOUS
ACQUIRED

PREVIOUS*

J

CHANGE

FROM

CHANGE

PREVIOUS

PREVIOUS

MONTH
MONTH

YEAR

6731.
6769.
6815.

- 2 2 .
38.
46.

4 3 1 .
375.
387.

- . 3
. 6
. 7

6 8 7 6 .
694 6.
7005.

61.
70.

.
.
.
.

. 9
1.0
. 8

1
197 6 - J A N

1
|

-FEB
-MAR.
-APR
-MAY

1
|
1
|

-JUN

|

1

MONTH
6 . 8
5 . 9

100.
116.
136.

6 . 0
5 . 7

128.
125.
131.

-JUL
1
—A U G . . . . |
-SEP
. |

7072.

59.
6 7 .

3 7 2
403
432
488

7127.
7184.

5557.

5 2 1 .
5 5 3 .

. 8
. 8

7 . 9

106.

8 . 3

-OCT
-NOV
-DEC

7219.
7291.
7425.

35.
7 2 .
134.

558.
6 1 2 .
6 7 2 .

. 5
1.0
1.8

8 . 4
9 . 2
10.0

123.
79.
116.
242.

. 1
1.0
1.7
2 . 3
1. 4
2 . 7

10.
10.
12.
13.
14.

4
9
1
6
1
2
4
9
0

1
1
1

.
.
.
.
.

9 .
76.

7 0 3 .
7 4 1 .

130.
174.
110.

8 2 5 .
9 3 8 .
9 7 8 .

8139.
8235.
8330.

2 1 5 .
96.
95.

1134.

8475.
8570.

1 9 7 7 - J A N . . . . |
- F E B . . . . J

7 4
75
76
78
79

- M A R . . . . |
—APR. . . . |
- M A Y . . . . J

3
1
4
1
2

4
0
0
4
4

-OCT
1
—N O V . . . . |
.|

145.
95.
79.

1203.
1291.

1.2
1.2
1.7

864 9.

- J U L . . . . |
-AUG. . . . |
-SEP
|

1
1
1
1

1351.
1358.

1. 1
. 9

18-7
18.6

8842.

- J U N . . . . |

-DEC

1.0

6 . 2
6 . 6
7 . 4

193.

1417.

2 . 2

19.1

1163.

1
8891.

- F E B . . . . |
—MAR....|
—APR. . . . |
-MAY... . |

49.

1457.

. 6

9001.
9205.

1978—JAN....|

110.
204.

1491.
1565.

1.2
2 . 3

181.
137.

1
1
1
1

5
5
5
5

7
9
7
9

2
9
3
3

.
.
.
.

2 . 0
1.5

1
1
1
1
1

6
6
7
7
6

3
4
0
1
5

5
1
6
7
7

.
.
.
.
.

9386.
9523.
9712.
9828.

—JUN. . . . |
-JUL
1
—AUG. . . . 1
—SB P . . . . |

9965.
10116.

-OCT
-NOV
-DEC

1
1
J

10276.
10366.
10499.

1
1979—JAN. . . . |
-FEB. . . . J

10515.

— MA R . . . . |
—APR. . . . 1
—MAY.... |
- J U N . . . . I
- J U L . . . . |
—A U G . . . . |

10682.
10927.
11089.
11260.
11480.

189.
116.
137.
151
160
90
133

.
.
.
.

1
1981-JAN. . . . |

56.

1698.
1
1
1
1

6
5
4
3

1
0
5
9

7
6
7
6

.
.
.
.

1263.
1181.
1057.
954.
873.
7 9 8 .
7 7 8 .

12931.

- 2 7 .

7 1 8 .

43.

6 7 5 .
2
9
5
1
9

.
.
.
.
.

. 9
. 6
.
1.
.
.
.

3
7
1
9
9
7

.
.
.
.
.

1
2
3
4
3

. 4
- .
.
.
.

2
3
0
1

31.
17.
19.

349.
331.
2 9 9 .

. 2
. 1
. 1

- N O V . . . . |

13100.

- 1 9 .
- 4 9 .

2 47.

- D E C . . . . I

- . 1
- . 4

13028.
12992.
12948.

- 7 2 .
- 3 6 .
- 4 4 .

97.
18.
- 2 7 .

12974.

26.
15.
4 .

- 1 1 .
- 4 2 .
- 5 1 .

. 2
. 1
. 0

- 5 .
- 9 .
- 4 7 .

- 1 13.

- . 0
- . 1

1.
10.

4
3
7
0
4

2 . 0
. 8
1.3
1.2
1. 1

13132.
13149.
13168.
13149.

142.

1

—JUL. . . . |
- A U G . . . . |

-NOV. . . . |
—D E C . . . . |

12989.
12993.
12988.
12979.
12932.
12914.
12894.
12828.

- 1 5 3 .
- 2 1 7 .

. 4
. 1
. 4

- . 5
- . 3
- . 3

- 1 8 .

- 2 5 4 .

- . 4
- . 1

- 2 0 .
—66.

- 2 5 5 .
- 2 7 2 .

- . 2
- . 5

1

8
8
7
7
7
6

.
.
.
.
.
.

2
2
7
7
3
7

.
.
.
.

2 9 . 9
- 3 9 . 6
11.9
11.2

112.2
2 1 . 7
7 7 . 4
8 2 . 3
16.4
3 1 . 8

200.

- 1 1 9 .
7.
78.

40.
51.
52.

7
5
7
0

3
1
5
7

.
.
.
.

2 0 6 .
227.
213.
148.
2 5 6 .
186.

17.
37.

- 1 2 .
- 2 2 .
24.
- 6 8 .
- 1 .

- 1 4 .
56.

- 2 7 . 3

- 7 . 0

106.

41.4
4 8 . 7

27.1
3 7 . 2

- 3 4 .

- 3 8 . 9

- 1 2 . 5

14.
99.
- 3 7 .

26.
- 4 5 .
47.

33.
- 8 9 .
- 1 7 0 .
- 4 0 .

1.1
. 8
. 1
-

.
.
.
.
.

2
1
3
4
9

- 1 . 2
- 1 . 7

- 3 0 3 .

- . 8

- 2 . 3

- . 2
- . 3

- 2 . 3

—APR. . . . |

12660.

- 3 1 4 .

. 0

- 2 . 2
- 2 . 4

.
.
.
.

- 4 .
21.
4.
10.
80.
- 5 0 .
44.
—6 1 .
1.
5.
- 3 5 .
67.

- 9 1 .
-

2
1
1
1
1
-

2
1
5
2
4
7

4
1
1
4
6
6

.
.
.
.
.
.

- 2 3 .

- 2 6 . 5
16.3

12.2
- 2 4 . 6

13.5
- 2 0 . 5
27.0
- 1 0 . 0
—12. 6
- 1 3 . 8
—60. 7
- 6 . 8
3 8 . 2
5 . 3
12.5
8 8 . 9

. 0
- 1 1 . 9
6. 1

-

17.
3 3 .
4 3 .
1 6 .
3 4 .
5 9 .
6 5 .
7 3 .

7
8
5
7
3
9
3
3

- 6 2 . 0
—6 4 . 6
- 4 5 . 8
- 1 1 . 9

- 2 9 . 4
3 6 . 7

- 4 5 . 2
- 5 . 7
- 5 3 . 4
- 4 7 . 7

—65- 7 6 .
82.

- 3 7 . 2
1.0
4 . 8
- 3 2 . 1
9 0 . 5

2 7 . 3
2 . 6
- 2 0 . 0
—67.8

- 9 9 .
- 1 0 .
- 1 1 8 .
- 9 5 .

- 3 7 . 4
- 5 0 . 7
139.0

- 5 0 . 4
I K 4
- 1 7 . 9

29.
5 2 .

- 3 5 .
23.

- 6 1- 1 1 8 .

- 5 4 . 7
7 9 . 3

6 8 .

16.

- 5 2 .

3 0 . 8

- 4 3 . 3

4 0 .
7 7 .

- 2 8 .
37.

- 1 2 4 .
- 2 6 .

49.
128.
53.
58.

- 2 8 .
79.
- 7 5 .

- 5 5 .
19.

- 4 1 . 2
9 2 . 5
- 3 6 . 4

—75.6
- 2 5 . 2
- 5 2 . 9

161.2
- 5 8 . 6
9 . 4

17.
- 2 8 .
- 5 8 .
- 3 7 .

4
4
9
1

- 5 6 .
- 5 1 .
6 9 .
2 6 .

4
6
0
9

44.

49.
66.

- 2 9 4 .
- 2 8 8 .

2
5
4
1

- 5 4 . 5
2 1 . 2
- 2 . 9
13.0

15.
2.
—16.

- 1 . 9
- 2 . 1

- 2 7 .
- 3 8 .

2
2
2
9

5 . 6
36.0
- 1 7 . 9

- 7 1 .
8.
- 1 4 .

- 1 . 9

- 1 0 3 .

-

10.9
41. 1

64.

34.
31.

12698.
12660.

1
2
6
6
9

- 7 0 .
77.

219.
174.
221.
199.

103.
104.
109.
74.
141.
70.
78.

- 1 .
23.
9 .
8.
4 7 .

9 . 6
- 1 9 . 7

16.
15.
13.
13.

120164.

- 4 . 2
- 8 . 1

—6. 2
- 3 0 . 5
7 3 . 0

16.8
16.0

5 . 9
5 . 5
4 . 4
3 . 5
3 . 0
2 . 4
2 . 7
2 . 7
2 . 6
2 . 3
1.9

25.0
3 2 . 7
2 2 . 3
6 . 6
17.3

6 9 .
13.
—63.

13.
18.
—63.

6 . 4

136.3

21.
- 1 4 .
- 6 5 .
108.

26.
—60.
27.

174.
150.
59.
55.
76.
80.
90.
170.

6 9 . 9

9 . 6
- 2 4 . 7
- . 5
10.2

226.
166.
193.

12.4
11.0
10.2
9 . 0
8 . 0
7 . 3
6 . 6

0
5
3
0
2

- 3 .
3 9 .
18.
18.

- 2 7 .

1
1
8
1

60.
34.
7 1 .
100.
7 1 .

- 3 7 . 3
3 . 5
3 7 . 7

7
0
2
6

- 2 0 4 .
36.
- 6 .

12725.




14
3
8
8

170.
2 0 6 .
200.

- F E B . . . . |

1983—JAN..•.|

128.
89.

9
5
4
9
4

5 8 . 2

- 3 1 . 1
—6. 3

2
2
2
2

0
4
3
5

- 3 3 .
- 2 .
4 9 .
9 .
- 1 6 .

65.
19.
7 7 .

207.
2 8 5 .

.
.
.
.

0
8
8
6

- 6 5 .
- 9 .
184.

1720.
1738.
1681.

.
.
.
.

100
9 8
4 6
7 8

16.
- 3 5 .
4 6 .
108.

144.
135.
319.

155.
138.

8
3
1
8

- 2 . 3
4 - 8
5 . 3

64.
- 1 1 0 .
20.
21.

26.
109.

6
4
6
4

1

233.
256.
214.
2 7 8 .
168.
188.
209.

265.
374.

7
7
7
7

4 6 .
13.
57.

—MAR....|

6 0 .
40.
97.

1
1
1
1
1
1

1737.

13031.
13044.
13101.

1982—JAN....|

- 8 2 .
- 4 .
77.
23.
- 4 2 .

1
1
1
1

5
4
3
3
3

- A U G . . . . |

25.
51.
8 9 .

2 2 0 .
91.

12974.
12975.
12985.
- J U N . . . . 1

- 4 4 .
37.
126.

128.
- 1 5 2 .

12
12
12
12

.
.
.
.

- 2 3 . 2

2 3 9 .

- N O V . . . . I
- D E C . . . . !

8
9
2
8

5 3 .
61.

18.7

12743.
12752.
12783.
1
6
0
5

- 3 2 .
17.

18. 1

- J U N . . . . I
— J U L . . . . |
-AUG. . . . |

8
8
9
9

6 . 7
6 6 . 7
74.7
150.9

2. 3
1.5
1 . 5

—HAY. . . . |

.
.
.
.
.

- 5 . 9

1722.
1703.

33.
86.
134.
113.
110.
87.
9 .
31.
35.
51.
33.

3
9
3
6
6

3
6
4
9
9
7

8.
50.
56.
83.

2 4 5 .
162.
171.

1
1
1
1
1

1
9
3
4
5

.
.
.
.
.
.

25-0
- 2 9 . 3
14.3

263.
391.

-OCT
1
—NOV. . . . |
-DEC
|

2
2
4
5
6

1.6
. 9
1.3

19
19
19
19
19
18

- 3 4 . 6
16.0
17.2

18.3
18.7

132.
108.
76.

2
2
2
2
2

20. 1
2 0 . 2
19.3

2 0 .
- 4 8 .
17.

. 2
1.6

11996.
12104.
12180.

—M A R . . . . |

19.6
19.9
2 0 . 5

YEAR

- 5 3 .
16.
20.
- 8 .
- 3 .
6.
7.

1624.
1681.

11571.
11726.
11864.

1
I960—JAN.... |

0
2
4
5

.
.
.
.

160.
156.

MONTH

16.
167.

|

- S E P

2 .
1.
1.
1.

6
6
6
8

138.

1

5 2 .
7 1 .
7 4 .
102.

5.
- 1 4 .
- 1 0 .

- 2 1 .
- 8 3 .
- 2 6 .
- 4 4 .

- 2 4 . 1
- 2 2 . 7
- 8 . 8

- 6 9 . 4

17.

- 3 3 .
20.
14.

- 1 4 .
19.

- 1 6 .
3 1 .

- 2 1 . 2
36. 5

- 2 3 . 5

3.
28.

- 3 .
5 3 .

4 . 2
3 7 . 8

—3.9
108.2

- 3 .
18.

58. 1
3 4 . 7

24
L I F E INSURANCE COMPANIES
FARM MORTGAGES OUTSTANDING AND ACQUIRED
SEASONALLY-ADJUSTED DATA

TABLE 2 3 1 . 2 N

I

6771.

6822.
6850.

6881.

I

PERCENTAGE CHANGE
FROM PREVIOUS

M I L L I O N S OF DOLLARS

END OF
MONTH

1976-JA N
|
-FEB
I
-MAR
1
-APR
1
~HAI*<« • |
— JU N. . . . |
—JUL.•..|
-AUG. . . . |
-SEP
-|
-OCT
1
-NOV....|
-DEC
1

FARM MORTGAGES ACQUIRED

FARM MORTGAGES OUTSTANDING

1

6947.
6981.
7044.
7103.
7159.
7199.
729 3.
7405.

|
|
|
1

CHANGE FROM PREVIOUS
MONTH
(SAAB)

YEAR

530.
639.
342.
383.
824.
428.
793.
743.
704.
491.

439.
380.
388.
366.
398.
424.
484.
522.
551.
558.
615.
677.

1218.
1464.
985.

712.
748.
827.
935.
974.
1124.
1158.

MONTH
fSAAR)
7
9
5
5

.
.
.
.

9
4
0
6

12.0

6.2

1 1.4

10.6
9 . 9

6 . 9
1 6 . 9

20.

13.
1 5 .
18.
2 4 .
17.

1
3
0
3
0
2

1977-JA N
1
-FEB
|
— MAR. • . . 1
— APR. . . . ]
-HAT
1
-JON
|
—J U L . . . . |
—AUG....|
—SE P . . . . )
—OCT. . . . |
-NOV
\
—D E C . . . . )

7483.
7570.
7677.
7816.
7920.

1978-JA N
1
-FEB
1
—MAR....|
-APR....]
-HAY.
|
1
— JU N
—JU L . . . . |
—AUG....I
-SEP
I
-OCT....|
-NOV....I
-DEC
|

8950.
9073.
9248.
9388.
9516.
9669.
97939938.
10085.
10247.
10363.
10486.

1979-JA N
1
-FEB
1
-MAR
1
-APR....I
-MAY
|
—JU N . . . • |
-JUL
|
—AUG.... |
-SEP....|
-OCT
|
-NOV... .|
-DEC.... |

10580.
10761.
1097511096.
11253.
11432.
11536.
11696.
11832.
11961.
12091.
12171.

1189.
2390.
2864.
1544.
2037.
2340.
1318.
2078.
1732.
1644.

1980-JA N
1
— FEB. . . . |
-MAR....|
-APR....|

12283.
12384.
12491.
12567.
12644.
12690.
12717.
12749.
12786.
12830.
12877.
12947.

1413.
1279.
1338.
942.
953.
573.
329.
389.
446.
540.
578.
865.

1703.
1623.
1516.
1471.
1391.
1259.

11.6

1053.
954.
869.
786.
777.

3. 1
3 . 5

12991.
13045.
13025.
13003.
13031.
13006.
13079.
13103.
13124.
13130.
13118.
13088.

528.
664.
-230.
-264.
338.
-292.
896.
296.
251.
71.
-142.
-353.

708.

534.
436387.
316.
361.
354.
338.
300.
241.
141.

13081.
13054.
12999.
12998.
12990.
12959.
12968.
12951,
12909.
12878.

-81.
-325.
-639.

91.
9.
—26.
-5.
-41.
-47.

- . 6
- 2 . 5
- 4 . 9

-JUN....I
—JUL....|
— AU G. . . . |
-SEP.... |
-OCT.... I
-NOV
1
-DEC....|
1981-JA N
-FEB

I

1
1

—A..|
MR..

-APR
|
-MAY....!
—JU N. . . . |
-JUL. . . . |
-AUG
|
— SEP- . . . 1
-OCT
|
-NOV
|
-DEC
1

1

1982-JA N
1
-FEB
1
— MAR. . . . I
— APR. . . . |
-MAY
1
-JON
|
-JUL.... |
—AUG.... 1
-SEP....|
—OCT.... |
-NOV
|
-DEC....|
1983-JAN....
-FEB
-MAR....
-APR....

I

I
]
|
I

8202.

8305.
8447.
8546.
8651.

8826.

12862.
12817.
12777.
12758.
12717.
12693.

L




1389.
1840.
1343.
2535.
1241.
1316.
1885.
1265.
1349.
2343.
1609.
1590.
2337.
1829.
1665.
2004.
1593.

1888.

1915.
2133.
1472.
1578.

1666.
988.

—18.

-96-361.

102.

1201.
1288.

1347.
1358.
1420.
1467.
1502.
1570.
1572.
1596.
1564.
1591.
1633.
1637.
1701.
1711.

1660.
1630.
1689.
1727.
1708.
1737.
1762.
1743.
1758.
1747.
1713.
1729.
1685.

1181.

660.

-111.

-199.
-500.
-364.
-187.
-534.

-152.
-215.
-252.
-256.
-271.

-466.
-232.
-486.

-304.
-296.
-283.
-305.

-280.

3 2 . 0
15.3
16.0
2 2 . 7
15.0
15.8
27. 1
18.2
1 7 . 8
2 5 - 8
19.8
17-7

21. 1
16-5
19.3
19.3

21.2
14.4
15.2
11.3

22.6
26.6

1. 1
4
18.4

20.8
1
1
1
1
1

1
8
4
3
3

.
.
.
.
.

5
0
8
9
9

8.2

10.4
10.8
7 . 5
7 . 6
4 . 5

2.6
4 . 2
4 . 5
6 . 7

-39.
-143.
233.
442.
-154.
408.
-333.
333.
74.
-676.
110.
495.

762.
452.
898.
1284.
978.
1452.
554.
1273.
1159.
944.
333.
750.

19.6
19.8
20.5
20. 1
20.2
19.3
19.4
19.7
19.4
19.9
19.8
18.8

2537.
2444.
2652.
2772.
2762.
2746.
3228.
3132.
3085.
3141.
2527.
2382.

-291.
-93.
208.
120.
-10.
-16.
482.
-95.
-47.
56.
-614.
-146.

18.2
18.6
18.7
18.2
18.2
18.2
17.8
17.7
17.3
16.7
16.7
16. 1

2312.
3091.
3636.
2485.
2788.
3798.
2632.
3169.
2754.
3263.
2730.
1873.

16. 1
15. 1
13.8
13.3
12.4
11.0
10.2
9.0
8. 1
7.3
6.5
6.4

- 3 . 6

-1.8
- 3 . 8

-2.2

12. 1

-26.5
56.4
3.9

25.6
-31.7
16.7
4.4
67.0
69.8
162.5
105.2
90.4
41.5
84.0

62.8

-1.9
-7.0
12.3

59.6
31.3
73.0
99.7

16.9

105.8

20.8
—6. 0
-11.8
13.4

68.0
28.6
82.0

66.7
73.9

21.2

36.1

498.
549.
524.
201.
346.
-79.
736.
308.
186.
919.
195.
-446.

-10.3
-3.7
8.5
4.5
-.4

24.4
29.0
24.6
7.8
14.3

17.5
-3.0
-1.5

29.6
10.9
6.4
41.3
8.4
-15.8

-70.
779.
545.
-1151.
303.
1010.
-1167.
537.
-415.
509.
-534.
-857.

-225.
647.
984.
-287.
26.
1052.
-596.
36- 3 3 1.
122.
202.
-509.

-2.9
33.7
17.6
-31.7

36.2
-30.7
20.4
-13. 1
18.5
-16.4
-31.4

2703.
2003.
2068.
2094.
1766.
1569.
894.
848.
1067.
1151.
1420.
1710.

831.
-70064.
27.
-328.
-197.
-675.
-47.
220.
84.
269.
290.

391.
-1088.
-1569.
- 3 9 1.
-1022.
-2229.
-1737.
-2321.
-1687.
-2112.
-1310.
-162.

44.4
-25.9
3.2
1.3
-15.7
-11.1
-43.0
-5.2
25.9
7.8
23.3
20.5

16.9
-35.2
-43.1
-15.7
-36.7
-58.7

5.8
5.3
4.3
3.5
3. 1
2.5
2.8
2.8
2.6
2.3
1.9
1. 1

1459.
1881.
966.
1092.
1070.
804.
2070.
1092.
1131.
940.
436.
525.

-251.
422.
-915.
126.
-23.
-266.
1267.
-978.
38.
-191.
-505.
89.

-1244.
-122.
-1102.
-1002.
-696.
-766.
1176.
245.
63.
-211.
-984.
-1185.

-14.7
28.9
-48.7
13. 1

-46.0

.7
. 1
-.2
-.0
-.3
-.4
-.8
-1.2
-1.6
-1.9
-1.9
-2. 1

825.
454.
740.
508.
1236.
585.
845.
693.
497.
464.
722.
659.

300.
-371.
286.
-232.
728.
-651.
260.
-152.
-196.
-33.
258.
-63.

-634.
-1427.
-226.
-584.
166.
-219.
-1226.
-400.
-634.
-477.
286.
134.

57.2
-45.0
63.0
-31.3
143.2
-52.7
44.4

-

628.
807.
721.
1054.

-197.
353.
-19.
545.

-4.7
28.5
-10.7
46.2

- 2 . 7

- 4 . 1

.1

13.0
-14.8
4.6
11.7
-4.6
41.2
-19.9

2.6

. 5
- 1 . 1

- 2 . 8
- 1 . 4

—

2039.
1896.
2128.
2571.
2416.
2825.
2491.
2825.
2899.
2222.
2333.
2828.

2 . 3
1.9

. 8

YEAR

10.5
11.0
12. 1
13.6
14.0
16. 1
16.4
16.9
18.0
18.7
18.6
19.2

6 . 9

- 3 . 9

MONTH

260.
-670.
176.
54.
577.
564.
1200.
796.
826.
375.
913.
801.

2.6

- 1 . 5

CHANGE FROM PREVIOUS

1.
166.
-213.
57.
151.
-65.
565.
-386.
187.
-461.
72278.

-2.2

- . 1
- . 7

|
|
|
J

1277.
1444.
1230.
1287.
1438.
13721938.
1552.
1739.
1278.
2000.
2078.

4. 1
5. 1

-2.8

ACQUIRED
IN
MONTH
_ISAAR1

6.9
5.9
6.0
5-6
6. 1
6-5
7.4
7.9
8.3
8.4
9.2
10. 1

-1.8
-2.0

I

8106.

1121.

PERCENTAGE CHANGE
FROM P R E V I O U S

MILLIONS OF DOLLARS

2
2
2
2

.3
.3
.2
.3

-31.
179.
—86.
333.

-23.3
5.0

—. 6

1.8

-19.5
-5.8

12.2

-2. I

-24.9
157.6
-47.2
3.5
-16.9
-53.7
20.5

-18.0

-28.3
-6.7
55.7
-8.7

16.6

-2.8

-8.9
26.5
37.1
-10.3
.9
38.3
-18.5

1.2

-10.7
3.9

8.0

-21.4

-66.0
-73.2

-61.2
-64.7
-48.0
-8.7

—6. 1

-53.3
-47.8
-39.4
-48.8
131.4
28.9
5.9
-18.3
-69.3
-69.3
-43.5
-75.9
-23.4
-53.5
15.6
-27.2
-59.2
-36.6
-56.1
-50.7
65.7
25.6

-23.9
77.8

-2.6

107.3

TABLE 2 3 1 - 3 M

L I F E INSURANCE COMPANIES
FARM MORTGAGES ACQUIRED
TWELVE-MONTH MOVING TOTAL

1
1
1 MILLIONS 1
OF
1
|
DOLLARS |
|
1
1
I
1
1
1095.
197 6 - J A N
J
1047.
-FEB
. |
1064.
-MAR
1
1072.
— APR. • • « |
1122.
-MAY
J
1178.
-JUN.._.(
1261.
-JUL.... 1
1314.
-AUG
1
1375.
-SEP.
1
1400.
—OCT. a . . I
1451.
-NOV
|
1540.
-DEC
|

YEAR
ENDING—

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

PERCENT

J
|

AS PERCENTAGE OF
OUTSTANDING

1 MORTGAGES*

COMMITMENTS*

97.
-51.
-29.
-49.
21.
99.
223.
296.
350.
393.
432.
465.

9.7
-4.6
-2.7
-4.4
1.9
9.2
21.5
29.1
34. 1
39.0
42.4
43.3

17.
16.
16.
16.
17.
18.
19.
19.
20.
20.
21.
22.

244.
235.
240.
241249.
258.
271.
278.
287.
288.
293.
307.

1977-JAN
1
—FEB....|
— MAR... . |
-APR
1
-BAY.
i
-JUN. . . .)
—JUL....|
-AUG. . . . |
— SEP. . . . )
-OCT.... 1
— NOV. . . . |
— DEC. . . . |

1600.
1640.
1737.
1865.
1954.
2101.
2131.
2213.
2299.
2364.
2383.
2460.

505.
593.
673.
793.
832.
923.
870.
899.
924.
964.
932.
920.

46. 1
56.6
63.3
74.0
74.2
78.4
69.0
68.4
67.2
68.9
64.2
59.7

23.
23.
24.
26.
27.
28.
28.
29.
30.
30.
30.
31.

314.
316.
328.
345.
353.
368.
364.
368.
372.
371.
365.
368.

1978-JAN
1
-FEB
1
-MAR....I
-APR...-J
-MAY
.|
— JUN. . . . 1
—JO L . . . . |
—AUG.... 1
-SEP.... |
-OCT
1
-NOV
1
-DEC...a |

2500.
2551.
2603.
2620.
2657.
2654.
2693.
2711.
2729.
2798.
2811.
2748.

900.
911.
866.
755.
703.
553.
562.
498.
430.
434.
428.
288.

56.3
55.5
49.9
40.5
36.0
26.3
26.4
22.5
18.7
18.4
18.0
11.7

31.
31.
31.
31.
31.
30.
30.
30.
30.
30.
30.
29.

364.
364.
363.
356.
354.
349.
346.
342.
339.
343.
344.
333.

1979-JAN
1
-FEB. — . |
-MAR
1
-APR
1
-MAY....|
-JUN.
-1
-JUL
J
— AUG. . . . I
—SEP....|
—OCT. . . a |
-NOV... a |
— DEC. . . . |
I
1980-JAN....|
-FEB....J
— HA R . . . . 1
—APR.a..1
—HAY. . a . I
—JUN....|
-JUL....#
-AUG....1
-SEP. -- - 1
-OCT....1
-NOV
1
-DEC. . . . J
1
1981-JAN
|
-FEB....|
—MAR.... |
—
APR.... |
—MAY....|
-JUN...-!
—J U L . . . . |
—AUG....|
-SEP....I
—OCT....|
-NOV....|
—D E C . . . . |

2734.
2790.
2896.
2862.
2876.
2975.
2938.
2938.
2911.
2924.
2942.
2879.

234.
239.
293.
242.
219.
321.
245.
227.
182.
126.
131.
131.

9.4
9.4
11.3
9.2
8.2
12. 1
9. 1
8.4
6.7
4.5
4.7
4.8

28.
28.
29.
28.
28.
29.
28.
27.
27.
27.
26.
25.

326.
327.
336.
331.
328.
333.
327.
324.
317.
316.
312.
301.

2912.
2823.
2653.
2613.
2522.
2298.
2187.
2036.
1912.
1766.
1690.
1667.

178.
33.
-243.
-249.
-354.
-677.
-751.
-902.
-999.
-1158.
-1252.
-1212.

6.5
1.2
-8.4
-8.7
-12.3
-22.8
-25.6
-30.7
-34.3
-39.6
-42.6
-42. 1

25.
24.
23.
22.
21.
19.
18.
17.
15.
14.
13.
13.

302.
295.
280.
281.
283.
272.
273268.
267.
259.
26 1.
271.

1568.
1558.
1440.
1345.
1280.
1204.
1286.
1301.
1303.
1287.
1226.
1108.

-1344.
-1265.
-1213.
-1268.
-1242.
-1094.
-901.
-735.
-609.
-479.
-464.
-559.

-46.2
-44.8
-45.7
-48.5
-4 9.2
-47.6
-4 1.2
-36. 1
-3 1.9
-27. 1
-27.5
-33.5

12.
12.
11.
10.
10.
9.
10.
10.
10.
10.
9.
8.

270.
282.
275.
265.
254.
236.
250.
255.
262.
269.
272.
264.

1056.
932.
906.
851.
870.
849.
766.
740.
696.
663,
683.
697.

-512.
-626.
-534.
-494.
-410.
-355.
-520.
-561.
-607.
-624.
-543.
-411.

-32.7
-40.2
-37. 1
-36.7
-32.0
-29.5
-40.4
-43. 1
-46.6
-48.5
-44.3
-37. 1

8.
7.
7.
7.
7.
6.
6.
6.
5.
5.
5.
5.

268.
249.
252.
250.
273.
290.
282.
287.
282.
277.
288.
295.

681.
712.
709.
762.

-375.
-220.
-197.
-89.

-35.5
- 2 3.6
-21.7
-10.5

5.
6a
5a
6a

286.
293.
287.
295.

1982-JAN
1
-FEB...-|
— MAR. . a . |
j
—JUN....|
-JUL
.1
—AUG.... |
—SEP. . a . t
-OCT
1
-NOV... . |
—D E C . . . . |
1
1983-JAN
1
-FEB
|
—H A R . . . . 1
-APR
1
•

AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END-OF-MONTH D A T A ) .




26
TABLE 2 3 2 . I t !

L I F E INSURANCE COMPANIES
FARM MORTGAGE COMMITMENTS—OUTSTANDING AND NEW
NEW FARM MORTGAGE COMMITMENTS

OUTSTANDING FARM MORTGAGE COMMITMENTS
PERCENTAGE CHANGE

M I L L I O N S OF DOLLARS
1
1

END OF
MONTH

\

YEAR

MONTH

YEAR

7.
11.
2.
22.
-19.
8.
-3.
7.
26.
62.
10,
-39.

-30.
-23.
13.
71.
69.
91.
88.
89.
82.
109.
86.
94.

1.5
2.4
.4
4.6
-3.8
1.7
-. 6
1.4
5-3
1 1.9
1.7
-6.6

—6. 0
-4.6
2.8
16.5
16.7
22.8
22. 1
22.0
18.7
23.0
17.0
20.5

104.
109.
116.
134.
116.
114.
117.
84.
119.
131.
138.
184.

10.
5.
7.
18.
-18.
-2.
3.
-33.
35.
12.
7.
46.

48.
-4.
35.
88.
52.
60.
44.
15.
25.
26.
48.
90.

10. 6
4. 8
6. 4
15. 5
-13. 4
-1. 7
2. 6
-28. 2
41. 7
10. 1
5. 3
33. 3

85. 7
-3. 5
43. 2
191. 3
81. 3
111. 1
60. 3
21. 7
26. 6
24. 8
53. 3
95. 7

567.
614.
603.
663.
680.
671.
673.
696.
745.
769.
782768.

14.
47.
-11.
60.
17.
-9.
2.
23.
49.
24.
13.
-14.

101.
137.
124.
162.
198.
181.
186.
202.
225.
187.
190.
215.

2.5
8. 3
-1.8
10.0
2.6
-1.3
.3
3.4
7.0
3.2
1.7
-1.8

21.7
28.7
25.9
32.3
41. 1
36.9
38.2
40.9
43.3
32. 1
32. 1
38.9

176198.
218.
245.
230.
199.
165.
186.
207.
197.
172.
243.

-8.
22.
20.
27.
-15.
—31.
-34.
21.
21.
-10.
-25.
71.

72.
89.
102.
111.
114.
85.
48.
102.
88.
66.
34.
59.

-4. 3
12. 5
10. 1
12. 4
—6. 1
-13. 5
-17. 1
12. 7
11. 3
-4. 8
-12. 7
41. 3

69. 2
81. 7 ,
87. 9
82. 8
98. 3
74. 6
4 1 . ,0
121.4
73. 9
50. 4
24. 6
32. 1

742.
818.
827.
846.
800.
869.
856.
84 1.
862.
800.
882.
912.

-26.
76.
9.
19.
-46.
69.
-13.
-15.
21.
-62.
82.
30.

175.
204.
224.
183.
120.
198.
183.
145.
1 17.
31.
100.
144.

-3.4
10.2
1. 1
2.3
-5.4
8.6
-1.5
-1.8
2.5
-7.2
10.2
3.4

30.9
33.2
37. 1
27.6
17.6
29.5
27.2
20.8
15.7
4.0
12.8
18.8

203.
264.
271.
230.
216.
271.
175.
193.
184.
161.
208.
228.

-40.
61.
7.
-41.
-14.
55.
-96.
18.
-9.
-23.
4720.

27.
66.
53.
-15.
— 14.
72.
10.
7.
-23.
—36.
36.
-15.

—16.
30.
2.
-15.
-6.
25.
—35.
10.
4.
-12.
29.
9.

913.
943.
850.
983.
1010.
942.
937.
974.
948.
1018.
1052.
996.

1.
30.
-93.
133.
27.
-68.
-5.
37.
-26.
70.
34.
-56.

171.
125.
23.
137.
210.
73.
81.
133.
86.
218.
170.
84.

. 1
3.3
-9.9
15.6
2.7
-6.7
-.5
3.9
-2.7
7.4
3.3
-5.3

23.0
15.3
2.8
16.2
26.2
8.4
9.5
15.8
10.0
27.2
19.3
9-2

245.
301.
257.
343.
257.
184.
154.
209.
196.
240.
230.
101.

17.
56.
-44.
86.
— 86.
-73.
-30.
55.
-13.
44.
-10.
-129.

833.
809.
665.
525.
453.
415.
424.
468.
536.
601.
644.
587.

—163.
-24.
-144.
-140.
-72.
-38.
9.
44.
68.
6543.
-57.

-80.
-134.
-185.
-4 58.
-557.
-527.
-513.
-506-412.
- 4 17.
-408.
-409.

-16.4
-2.9
-17.8
-21. 1
-13.7
-8.4
2.2
10.4
14.5
12. 1
7.2
-8.9

-8.8
-14.2
-21.8
-46.6
-55. 1
-55.9
-54.7
-52.0
-43.5
-41.0
-38.8
-41. 1

86.
161.
127.
45.
26.
53.
71.
121.
131.
180.
144.
88.

502.
464.
483.
482.
521.
469.
361.
328.
300.
271.
271.
279.

-85.
-38.
19.
-1.
39.
-52.
-108.
-33.
-28.
-29.
8.

-331.
-345-182.
-43.
68.
54.
-63.
-140.
-236.
-330.
-373.
-308.

-14.5
-7. 6
4. 1
-.2
8. 1
-10.0
-23.0
-9. 1
-8.5
-9.7
-0
3.0

-39.7
-42.6
-27.4
-8.2
15.0
13.0
-14.9
-29.9
-44.0
-54.9
-57.9
-52.5

268.
280.
247.
225.
210.
219.
200.
193.
211.
238.
267.
301.

-11.
12.
-33.
-22.
-15.
9.
-19.
-7.
18.
27.
29.
34.

-234.
-184.
-236.
-257.
-311.
-250.
-161.
-135.
-89.
-33.
-4.
22.

-3.9
4.5
-11.8
-8.9
-6.7
4.3
-8.7
-3.5
9.3
12.8
12.2
12.7

321.
332.
381.
391.

20.
11.
49.
10.

53.
52.
134.
166.

6.6
3.4
14.8
2.6

—MAR.... 1
— APR. . . . |
-MAT... . |
—JUN*... |
-AUG....|
-NOV. . . . |
-DEC
1
1
1978—JAN..••|

-JUL....|

-JUN.
|
—JUL.... |
— AUG. . . . |
-SEP
|
-OCT. . . . I
-NOV
|
-DEC....|
i
1980-JAN.... J
-FEB
|
-BAH
1
— AP R . . . . |
-HAY. . . . |
-JUN.. . . |
—JU L . . . . |
-AUG
1
-SEP
1
-OCT
|
-NOV....*
-DEC
1

MONTH

PERCENTAGE CHANGE
FROM PREVIOUS

MADE I N | CHANGE FROM PREVIOO s i
MONTH
|
I
MONTH
1
1

466.
477.
479.
501.
482.
490.
487.
494.
520.
582.
592.
553.

197 6-JAM
|
-FEB
1
- M A R . . . .*
-APR.. . . |
-MAY....#
-JUN
1
—JUL.... |
-AUG... . |
-SEP....|
-OCT
J
-NOV.... |
-DEC
1
1
1977-JAN
.|

-NOV. . . . |
-DEC.
1
t
1 9 7 9 - J AM
|
-FEB.... |
—MAR....|

CHANGE FROM P R E V I O U S |
1
YEAR
1
MONTH
1

M I L L I O N S OF DOLLARS

1981-JAN
1
—FEB.... |
— MAR. . . . |
— AP R . . . . 1
-MAY
1
-JUN
1
JUL....|
-AUG
1
-SEP
|
-OCT...- I
-NOV.... |
-DEC...-J
I
1982—JAN....|
-FEB
|
— HA R . . . . |
— APR. . . . |
—MAY. . . . |
-JUN
|
-JUL.... |
-AUG
|
-SEP....|
-OCT
1
-NOV.
J
-DEC
1
1
1983-JAN....|
-FEB
1
MAR*...|
-APR....;




5
0
7
1
1
5
4
3
7
5
2
6

15. 3
33. 3
24. 3
-6 . 1
-6. 1
36. 2
6 . ,1
3. 8
-11. 1
-18. 3
20. 9
-6. 2

42.
37.
-14.
113.
41.
-87.
-21.
16.
12.
79.
22.
-127.

7. 5
22. 9
-14. 6
33. 5
-25. 1
-28. 4
-16. 3
35. 7
—6. 2
22. 4
—4. 2
-56. 1

20. 7
14. 0
-5. 2
49.1
19.0
-32. 1
-12. 0
8. 3
6. 5
4 9 .. 1
10.6
-55. 7

-15.
75.
-34.
-82.
-19.
27.
18.
50.
10.
49.
-36.
-56.

-159.
-140.
-130.
-298.
-231.
-131.
-83.
-88.
-65.
-60.
-86.
-13.

-14. 9
87. 2
- 2 1 ., 1
-64. 6
-42. 2
103. 8
34. 0
70. 4
8. 3
3 7 .,4
-20. 0
-38. 9

-64. 9
-46. 5
-50.6
—86. 9
-89.9
-71.2
-53. 9
-42.1
-33. 2
-25.0
- 3 7 . ,4
-12.9

63.
98.
104.
131.
101.
68.
23.
51.
29.
26.
44.
61.

-25.
35.
6.
27.
-30.
-33.
-45.
28.
-22.
-3.
18.
17.

-23.
—63.
-23.
86.
75.
15.
-48.
-70.
-102.
-154.
-100.
-27.

-28. 4
55. 6
6. 1
26. 0
-22. 9
- 3 2 . ,7
-66.2
121.7
-43. 1
-10.3
69.2
38.6

-26.7
-39.1
-18.1
191.1
288.5
28.3
-67.6
-57.9
-77.9
-85.6
-69.4
-30.7

-46.6
-39.7
-48.9
-53.3
-59.7
-53.3
-44.6
-41.2
-29.7
-12.2
-1.5
7.9

38.
61.
41.
53.
39.
49.
19.
24.
39.
50.
80.
90.

-23.
23.
-20.
12.
-14.
10.
-30.
5.
15.
11.
30.
10.

-25.
-37.
-63.
-78.
-62.
-19.
-4.
-27.
10.
24.
36.
29.

- 3 7 ..7
60.5
- 3 2 ..8
29-3
-26.4
25.6
-61-2
26-3
62-5
28.2
60.0
12.5

- 3 9 ..7
-37.8
-60.6
-59.5
-61.4
-27.9
-17.4
-52.9
34.5
92.3
81.8
4 7 .. 5

19.8
18.6
54.3
73.8

66.
78.
102.
107.

-24.
12.
24.
5.

28.
17.
61.
54.

-26.7
18.2
30.8
4.9

73.7
2 7 .. 9
1 4 8 .. 8
101 . 9

TABLE 2 3 2 . 2 M

L I F E INSURANCE COMPANIES
FARH MORTGAGE COMMITMENTS—OUTSTANDING AND HE*
SEASONALLY-ADJUSTED DATA
OUTSTANDING

NEW FARH MORTGAGE COMMITMENTS

FARM MORTGAGE COMMITMENTS

M I L L I O N S OF DOLLARS

PERCENTAGE CHANGE
FROM PREVIOUS

MONTH
(SAAR)

YEAR

MONTH
(SAAR)

YEAR

MADE I N
MONTH
(SAAR)

482.
473.
486.
498487.
496.
503.
506.
515.
556.
559.
554.

168.
-100.
179.
172.
-115.
113.
95.
34.
119.
763.
45.
-64.

-34.
-25.
13.
69.
71.
97.
95.
95.
85.
104.
80.
83.

35-8
-20.8
37.9
35.3
-2 3.0
23.2
19. 1
6.8
23.6
148. 1
8. 1
-11.4

-6.6
-5.0
2.7
16. 1
16.9
24.3
23.2
23.0
19.8
23.0
16.7
17.8

1308.
1120.
1175.
1334.
1299.
1502.
1619.
1091.
1557.
1692.
1818.
2225.

130.
-188.
54.
159.
-35.
203.
117.
-529.
466.
135.
126.
407.

1977-JAN
1
-FEB....J
-MAR
I
-APR
1
-MAY....|
-JON
1
-JUL....|
-AUG
1
-SEP
J
-OCT.... J
-NOV
1
-DEC
1

582.
604.
609.
661.
692.
686.
705.
721.
744.
735.
735.
749.

448.
327.
68.
1005.
497.
-76.
268.
221.
339.
-105.
186.

99.
131.
123.
162.
205.
190.
201.
215.
229.
179.
176.
195.

81.0
56.3
11.3
165.0
75.3
-11.0
39.1
31.3
47.0
-14.1
-.0
25.3

20.6
27.6
25.4
32.6
42.0
38.2
40.0
42.5
44.5
32.3
31.4
35.3

2216.
2007.
2228.
2439.
2647.
2727.
2369.
2444.
2647.
2469.
2129.
2902.

1978-JAN....1
-FEB....J
-MAR.... |
—APR....]
—MAY..•. |
-JUN
1
—JUL....1
-AUG....1
-SEP....|
-OCT..-.|
-NOV
1
-DEC
1
1
197 9 - J A N
1
-FEB
J
-MAR
1
-APR.... |
-MAY.... 1
-JUN....;
-JUL....|
— AUG.. . . |
— SEP. . . . |

754.
797.
833.
847.
816.
892.
912.
882.
871.
770.
826.
866.

60.
728.
549.
190.
-309.
1562.
275.
-307.
-121.
-674.
1020.
635.

172.
194.
224.
187.
124.
206.
208.
161.
126.
34.
91.
117.

8.0
96.6
68.9
22.8
-36.5
191.5
30.8
-33.6
-13.7
-77.4
132.5
76.9

29.6
32. 1
36.8
28.3
17.9
30. 1
29.5
22.3
17.0
4.7
12.3
15.6

917.
909.
851.
993.
1037.
9621016.
1038.
969.
987.
984.
923.

861.
-93.
-495.
4559.
677.
-615.
895.
292.
-585.
253.
-39.
-527.

163.
111.
18.
146.
221.
70.
104.
156.
98.
2 18.
159.
58.

99.4
-10. 1
-54.5
535.6
68.2
-59.3
93.0
28.7
-56.4
26. 1
-3.9
-53-5

823.
776.
661.
534.
466.
422.
467.
506.
555588.
602.
534.

-690.
-420.
—661.
-610.
-430.
-324.
1007.
773.
1012.
564.
179.
-457.

-94.
-133.
-190.
-4 59.
-571.
-540.
-549.
-531.
- 4 14.
-399.
-3 83.
-389.

488.
442.
475.
492.
539.
474.
40 2 .
361.
314.
266.
253.
251.

-352.
-340.
609.
251.
962.
-422.
-409.
-292.
-292.
-271.
-121.
-19.

258.
267.
242.
230.
217.
221.
224.
214.
222.
234.
250.
270.
307.
316.
372.
39 9 .

I CHANGE FROM PREVIOUS

1
I
1
1976-JAN
1
-FEB
|
-MAR
|
-APR
*
— HA7*« • • |
-JUN
1
-JUL
I
-AUG.. . •)
-SEP.
1
—OCT....|
-NOV
1
—DEC.... 1

MONTH

—DEC....|
1
1

1980—JAN.
-MAR

]

- D E C . I . 11
1
1

1981—JAN

— HA R . . . . |
-JUN....]
—JUL....|
-AUG.... 1
— NOV. . . . i
-DEC
|
1
1 982—JAN.... |
—FEB....|
-MAR....J
—MAY.* - . )
-JUN.... |
-JUL....|
-AUG....|
-NOV... . |
-DEC...-I
1
198 3 - J A N . . . . 1
—MAR....|
—APR....|




I
|
1

PERCENTAGE CHANGE
FROM PREVIOUS

M I L L I O N S OF DOLLARS
| CHANGE FROM P R E V I O U S
|
|
MONTH
YEAR
1

MONTH

YEAR

576.
-52.
370.
879.
592.
803.
621.
222.
305.
289.
624.
1047.

11.0
-14.4
4.9
13.6
-2.6
15.6
7.8
-32.6
42.7
8.7
7.4
22.4

78.6
-4.4
46.0
192.9
83.8
114.9
62.1
25.6
24.4
20.6
52.3
88.8

-8.
-210.
221.
212.
208.
80.
-358.
75.
203.
-178.
-340.
773.

908.
886.
1053.
1105.
1348.
1225.
750.
1353.
1090.
777.
311.
677.

-.4
-9.5
11-0
9.5
8.5
3.0
-13.1
3-2
8.3
-6.7
-13.8
36.3

69.4
79.1
89.6
82.8
103.8
81.6
46.3
124.1
70.0
45.9
17. 1
30.4

2628.
2656.
2803.
2258.
2502.
3881.
2718.
2505.
2352.
1953.
2398.
2704.

-274.
29.
147.
-545.
244.
1379.
-1163.
-213.
-153.
-399.
445.
307.

411.
650.
576.
-181.
-145.
1154.
349.
61.
-295.
-516.
269.
-197.

-9.4
1. 1
5.5
-19.5
10.8
55.1
-30.0
-7.8
-6. 1
-17.0
22.8
12.8

18.6
32.4
25.8
-7.4
-5.5
42.3
14-7
2-5
-11.1
-20.9
12.6
-6.8

21.6
14.0
2.2
17.2
27. 1
7.8
11.4
17.7
1 1.2
28.3
19.2
6.6

3361.
2937.
2698.
3313.
2975.
2734.
2622.
2631.
2557.
2923.
2482.
1177.

657.
-424.
-239.
615.
-338.
-240.
-113.
9.
-74.
366.
-441.
-1306.

733.
280.
-105.
1055.
473.
-1147.
-96.
126.
205.
970.
84.
-1528.

24.3
-12.6
-8. 1
22.8
-10.2
-8. 1
-4. 1
.4
-2.8
14.3
-15.1
-52.6

27.9
10.5
-3.8
46.7
18.9
-29.5
-3.5
5.0
8.7
49.7
3.5
-56-5

-74.8
-51.0
-85.3
-92.3
-8 0.6
-69.6
238.7
165.5
199.8
101-6
30.4
-75.9

-10.2
-14.7
-22.3
-46.2
-55. 1
-56.2
-54.1
-51-2
-42.7
-40.4
-38.9
-42. 1

1233.
1563.
1341.
421.
298.
812.
1331.
1502.
1767.
2195.
1474.
999.

56.
330.
-222.
-920.
-123.
514.
519.
170.
265.
429.
-721.
-475.

-2128.
-1374.
-1357.
-2892.
-2677.
-1922.
-1290.
-1129.
-790.
-728.
-1008.
-177.

4.8
26.8
-14.2
-68.6
-29.3
172.9
64.0
12.8
17-6
24.3
-32.9
-32.2

-63.3
-46.8
-50.3
-87.3
-90.0
-70.3
-49.2
-42.9
-30.9
-24.9
-40.6
-15.1

-335.
-333.
-186.
-41.
73.
53.
-65.
-146.
-241.
-322.
-348.
-283.

-66.0
-69.6
137.8
52.7
195.3
-78.4
-86.3
-72.8
-81.0
-86-2
-45.4
-7.7

-40.7
-43.0
-28. 1
-7.8
15.7
12.5
-13.9
-28.8
-43.4
-54.8
-57.9
-52.9

938.
945.
1096.
1200.
1153.
1068.
460.
630.
401.
319.
436.
675.

—61.
6.
151.
104.
-47.
-85.
-608.
170.
-229.
-82.
117.
240.

-295.
-618.
-245.
780.
856.
256.
-871.
-872.
-1366.
-1876.
-1038.
-324.

-6. 1
.7
16.0
9.5
-3.9
-7.4
-56.9
36*9
-36.4
-20.4
36.6
55.0

-23.9
-39.5
-18.2
185.3
287.6
31.5
-65.4
-58.1
-77.3
-85.5
-70.4
-32.4

84.
137.
-186.
-109.
-111.
45.
45.
-98.
116.
202.
271.
397.

-231.
-175.
-234.
-263.
-321.
-253.
-177.
-147.
-92.
-32.
-4.
19.

33-4
S3. 2
-6 9.7
-45.2
-48.5
20.9
20.3
-43.7
54.3
91.2
115.8
159.2

-47.3
-39.6
-49.2
-53.3
-59.6
-53.4
-44.2
-40.7
-29.4
-12.1
-1.4
7.4

576.
602.
430.
476.
443.
780.
394.
296.
545.
614.
784.
979.

-99.
25.
-172.
46.
-32.
336.
-385.
-99.
249.
70.
169.
195.

-362.
-343.
-667.
-725.
-710.
-288.
—66.
-334.
144.
296.
348.
304.

-14.7
4.4
-28.6
10.8
-6.8
75.8
-49.4
-25.0
84.2
12.8
27.6
24.9

-38.6
-36.3
-60.8
-60-4
-61.6
-27.0
-14.3
-53. 1
36.0
92.7
79.9
45.0

997.
128.
1881.
501-

50.
49.
130.
169.

369.1
41.7
594.6
134.8

19.3
18.5
53.9
73-7

1014.
778.
1064.
955.

35.
-236.
287.
-110.

437.
176.
635.
479.

3.5
-23.3
36.9
-10.3

75.9
29.3
147.7
100.7

2
8
TABLE 2 3 2 . 3 M

L I F E INSURANCE COMPANIES
NEW FARM MORTGAGE COMMITMENTS
TWELVE-MONTH MOVING TOTAL

I

TEAR
ENDING—

1

1 MILLIONS |
I
OF
|_
I
DOLLARS |

I
_
J
I

I
L

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

AS PERCENTAGE OF
OUTSTANDING
"MORTGAGES*

I
|
COMMITMENTS* |

L

MORTGAGES
ACQUIRED

TAKEDOWNS
OF
COMMITMENTS

15.
15.
15.
17.
17.
18.
19.
19.
19.
19.
20.
21.

220.
220.
229.
248.
257.
267.
272.
271.
272.
273.
278.
292.

90.
94.
96.
103.
103.
103.
too.
97.
95.
95.
95.
95.

115.
117.
121.
128.
128.
128.
126.
125.
125.
126.
122.
122.

1976-JAN. . . .1
-FEB.... f
-MAR..•-1
-APR
I
-MAT...- J
-JUN....I
JU L. . . a |
- AUG....1
-SEP.... |
-OCT
1
-NOV
1
-DEC....J

987.
983.
1018.
1106.
1158.
1218.
1262.
1277.
1302.
1328.
1376.
1466.

-81.
-54.
4.
163.
363.
459.
503.
537.
522.
488.
497.
527.

-7.6
-5.2
.4
17.3
45.7
60.5
66.3
72.6
66.9
58.1
56.5
56.1

1977-JAN
1
-FEB
1
—MAR.... 1
-APR
|
-MAT....|
—JU N. . . . |
-JUL....|
— AU G . . . . |
-SEP. . . . I
—OCT. . . . |
-NOV
1
-DEC.
|

1538.
1627.
1729.
1840.
1954.
2039.
2087.
2189.
2277.
2343.
2377.
2436.

551.
644.
711.
734.
796.
821.
825.
912.
975.
1015.
1001.
970.

55.8
65.5
69.8
66.4
68.7
67.4
65.4
71.4
74.9
76.4
72.7
66.2

2223.
24.
25.
27.
28.
28.
29.
30.
30.
30.
30.

301.
314.
326.
340.
353.
357.
356.
364.
369.
368.
364.
365.

96.
99.
100.
99.
100.
97.
98.
99.
99.
99.
100.
99.

121.
125.
123.
125.
125.
123.
123.
123.
124.
121.
122.
124.

1978-JAN...-|
-FEB....!
—MAR....|
- APR
1
-MAY....I
—JUN....|
-JUL
.|
—AUG...•1
-SEP
I
—OCT.... |
-NOV
1
-DEC
1

2463.
2529.
2582.
2567.
2553.
2625.
2635.
2642.
2619.
2583.
2619.
2604.

925.
902.
853.
727.
599.
586.
548.
453.
342.
240.
242.
168.

60. 1
55.4
49.3
39.5
30.7
28.7
26.3
20.7
15.0
10.2
10.2
6.9

30.
31.
31.
30.
30.
30.
30.
29.
29.
28.
28.
27.

359.
361.
360.
349.
340.
345.
339.
333.
325.
317.
320.
315.

99.
99.
99.
98.
96.
99.
98.
97.
96.
92.
93.
95.

121.
121.
122.
119.
116.
120.
119.
118.
116.
112.
115.
115.

1979-JAN
1
-FEB
1
—MAR.
-APR
I
—MAY....|
-JUI
1
-JUL
|
—AUG.-•• 1
-SEP
|
OCT. . . . |
— NOV. . . . |
-DEC..

2646.
2683.
2669.
2782.
2823.
2736.
2715.
2731.
2743.
2822.
2844.
2717.

183.
154.
87.
215.
270.
111.
80.
89.
124.
239.
225.
113.

7.4
6.1
3.4
8.4
10.6
4.2
3-0
3.4
4.7
9.3
8.6
4.3

27.
27.
2727.
27.
26.
26.
25.
25.
26.
25.
24.

316.
315.
309.
322.
322.
306.
302.
301.
299.
305.
302.
284.

97.
96.
92.
97.
98.
92.
9293.
94.
97.
97.
94.

116.
114.
110.
115.
118.
113.
113.
116.
114.
121.
118.
115.

1980-JAN....]
-FEB....J
—MAR....I
-APR.... I
-MAY
1
-JUN
1
-JUL.... 1
— AUG. . . . |
-SEP....1
—OCT....|
-NOV
I
—D E C . . . . |

2558.
2418.
2288.
1990.
1759.
1628.
1545.
1457.
1392.
1332.
1246.
1233.

-88.
-265.
-381.
-792.
-1064.
-1108.
-1170.
-1274.
-1351.
-1490.
-1598.
-1484.

-3.3
-9.9
-14.3
-28.5
-37.7
-40.5
-43.1
-46.6
-49.3
-52.8
-56.2
-54.6

22.
21.
20.
17.
15.
13.
13.
12.
11.
11.
10.
10.

265.
253.
242.
214.
197.
192.
193.
192.
194.
195.
192.
201.

88.
86.
86.
7670.
71.
71.
72.
73.
75.
74.
74.

109.
107.
105.
92.
86.
86.
86.
85.
89.
87.
87.
87.

1981-JAN. . . . |
-FEB. . . . |
—MAR. . . . 1
— APR. . . . |
— MAY. . . . |
-JUN....|
-JUI
|
-AUG-...1
SEP. . . . 1
-OCT.... |
-NOV
1
-DEC.
1

1210.
1147.
1 124.
1210.
1285.
1300.
1252.
1182.
1080.
926.
826.
799.

-1348.
-1271.
-1164.
-780.
-474.
-328.
-293.
-275.
-312.
-406.
-420.
-434.

-52.7
-52.6
-50.9
-39.2
-26.9
-20.1
-19.0
-18.9
-22.4
-30.5
-33.7
-35.2

10.
9.
9.
9.
10.
10.
10.
9.
8.
7.
6.
6.

209.
208.
215.
238.
254.
255.
243.
232.
217.
194.
183.
190.

77.
74.
78.
90.
100.
108.
97.
91.
83.
72.
67.
72.

91.
90.
100.
115.
127.
126.
114.
105.
97.
87.
81.
86.

1 9 8 2 - J AN
1
-FEB
1
-MAR.... |
-APR
1
-MAY
1
-JUN.
|
-JUL
|
—AU G. . . . |
-SEP
1
-OCT. . . . |
—NOV....1
-DEC
1

774.
737.
674.
596.
534.
515.
511.
484.
494.
518.
554.
583.

-436.
-410.
-450.
-614.
-751.
-785.
-741.
-698.
-586.
-408.
-272.
-216.

-36.0
-35.7
—40. 0
-50.7
-58.4
-60.4
-59.2
-59.1
-54.3
-44.1
-32.9
-27.0

6.
6.
5.
5.
4.
4.
4.
4.
4.
4.
4.
4.

196.
197.
188.
175.
168.
176.
188.
187.
200.
216.
234.
247.

73.
79.
74.
70.
61.
61.
67.
65.
71.
78.
81.
84.

91.
97.
90.
83.
75.
79.
89.
92.
101.
111.
118.
122.

1983-JAN
I
—F E B . . . . |
-MAR. . . . 1
-APR
I

611.
628.
689.
743.

-163.
-109.
15.
147.

-21.1
-14.8
2.2
24.7

5.
5.
5.
6.

256.
259.
279.
288.

90.
88.
97.
98.

130.
124.
141.
145.

* AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS (AVERAGE OF END—OF-HONTH D A T A ) .
"TAKEDOWNS OF COMMITMENTS" ARB COMPUTED AS NEW COMMITMENTS L E S S CANCELLED COMMITMENTS L E S S THE CHANGE I N




COMMITMENTS OUTSTANDING.

AGRICULTURAL

300

FINANCE

AGRICULTURAL

301

FARM

301.1

302

FOR

BANKING

ON

OF

FROM

FEDERAL

RESERVE

AVERAGE

DAILY

DESIGN

OF

BORROWING

AT

THE

THE

AND
THE

SEASONAL

30

BANKS

BORROWING

FEDERAL

RESERVE

BY E M A N U E L M E L I C H A R ,
I N FUTURE SOURCES OF
F E D E R A L R E S E R V E BANK

BORROWING

PRIVILEGE

FOR

WHICH

POTENTIAL

AND

ACTUAL

FEDERAL




SEASONAL

31

ALSO ANALYSES OF I T S
FOLLOWING A R T I C L E S :
RESERVE

DISCOUNT

BY E M A N U E L M E L I C H A R A N D H A R R I E T H O L D E R N E S S ,
AGRICULTURAL FINANCE R E V I E W . OCTOBER
1974,
PP.
"THE

1983

YEAR

AND

DATA ARE SHOWN I N S E C T I O N 3 0 2 ,
U S E BY A G R I C U L T U R A L B A N K S ,
SEE
"SEASONAL

PREVIOUS

FROM

BANKS

THE

JUNE

LOANS

CHANGE

BORROWING

NUMBER

INFORMATION

AND

SERIES

DATA

NON-REAL-ESTATE
AMOUNT

SEASONAL

302. 1

DATABOOK—MONTHLY

BORROWING

WINDOW,"

4 2 - 5 1 ;

PRIVILEGE,"

L O A N A B L E F U N D S FOR A G R I C U L T U R A L B A N K S .
OF KANSAS C I T Y ,
1980,
PP.
1 11-132.

30
TABLE

301.1M

FARM

RON-REAL-ESTATE

LOANS

FROM
1 ALL COMMERCIAL BANKS
| ( B I L L I O N S OF DOLLARS)

|
LARGE
|
BANKS
|(MILLIONS
1
OF
_J DOLLARS)

END O F
MONTH

1976-JAN...
-FEB...
-MAR...
-APR...
-MAY...
-JON...

- JUL. . .

I
.
1

-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

I

|
J

3141.
3128.
3192.
3234.
3370.
3568.
3564.
3553.
3541.
3553.
3513.
3579.

23.2

DATA

ARE

3. 1

3.2
**•

3.4
***
«*•

3.5
•*»

3.4

3.4
$**

3.3

2.5

379.
346.
383.
436.
431.
368.
407.
398.
443.
424.
394.
349.

26.7

27.6

28.3

28. 1

2-5

29.5

30.8

30.8

31.6

31.0

31.6

31.7

33.2

3 3.0

32.9

FOR

32.9

33.6

2.5

2.7

2.8

2.8

2.8
***

2.7

2. 8

2.8

2.4
***

33.0

1.3

. 8
***

. 8

. 5

.6

*•*

2. 1

2. 1

2.0

1.9

1. 3

1.3

381.
404.

618.

34.1

33.3

35.8

35.4

37.0

36.4

36.4

1.9

36.2

2.6

3.5

3.4

3.3

619.
576.

6 10.

2.0

2.6

415.
461.
445.
534.
521.
593.

3.3

571.

608.
3.2
***
***

714.

3 7.4

36.5

800.

678.
703.

ABOUT

170

MILLION

OR

COMMERCIAL
MORE

AS

OF

BANKS

THAT

DECEMBER

REPORT
31,

B A N K S A R E FROM C A L L R E P O R T S
ESTIMATED).
P R I O R TO 1 9 7 6 ,

ASSETS

3.2

AND

16.3

15.2

15-1

15.8

16. 1

15.6

15.7

14.8

14.6

10.8

10.7

7 . 5

7.7

5.4

5. 4

6.8

6.7

9 . 6

9.6

10.4

10.5

10.3

10.3

9.8

9.8

10.0

10.0

8 . 5

8.4

4 . 3

4.3

2 . 5

2.5

1.7

1.8

2.8

2.7

J

4. 1
4.7
8.2
8.9
8.0
6.4
9.6
10.5

.9

. 9
»*•

8.4
9.1
6.3
1 1.6
14.6
14.7
10.9
1 1. 1
10.2
1 1.0
7.7
5 . 5
7.1
7.5
11.6
7.4
8.0
7.5
8.9
8.7
9.9
10.3
10.7
10.1
10.0
10.5
12. 1
13.3
10.9
11.1

LIABILITIES

BANKS

SEASONALLY
ADJUSTED

10. 1
11.0
9.0
7.7

2.4

1.3
»*»

COMMERCIAL

ACTUAL

16.3

—
—

16.5
17.6
17.1
16.2
15. 1
1H.2
13.8
11.3
12.5
10.8
10.0
8.4

2.7

413.
446.
316.
580.
733.
756.
588.
598.
555.
583.
415.
298.

32. 1

31.4

1.7

2.5

452.
488.
4 12.
359.
198.
231.
4 06.
440.
402.
320.
470.
515.

31.3

31.1

1* 8

ALL

9.0
8.7
9.3
9.0
10.4
9.3
10.2
12.3
12.0
13.5
13.9
14.8

1.4

605.
503.
557.
489.
444.
378.

3 1.2

30.5

1.4
*$*

1_
1

12.1
11. 1
12.0
13.5
12.8
10.3
11.4
11.2
12.5
1 1.9
11.2
9-8

1.9

612.

30.3

31.0

1.8
***

633.
664.
670.
648.
635.

2 8.9

29.8

$750

317.
302.
332.
332.
394.
367.
405.
485.
480.
535.
545.
583.

26. 1

D A T A SHOWN F O R A L L C O M M E R C I A L
(DATA FOR U N I N S U R E D BANKS ARE




3. 1

3. 1

-61.

28.2

021.
001.
896.
889.

OF

3. 1
»**

|

LARGE
BANKS

- 1 2 . 7
- 1 0 . 6
- 5 . 8
- 5 . 6
- . 8
3.2
.4
- . 8
- 2 . 5
- 1 . 2
- 1 . 0
- 1 . 7

***

.
.
.
.
.

- 9 0 .
-44.
- 3 4 .

28. 1

6287.
6386.
6637.
6804.
6900.
7050.

ASSETS

8
0
8
1
7

15.

27.0

5716.
5778.
5923.
6004.
6222.
6347.
6509.
6498.
6571.
6514.
6400.
6278.

LARGE-BANK

25.8

5
7
9
9
2

1 10.

25.5

1982-JAN..
-FEB..
-MAR.
-APR.
-MAY.
-JUN..
- J U L . .
-AUG..
-SEP. -OCT..
-NOV..
-DEC..

DOMESTIC

25.8

25.7

-OCT. .
-NOV..
-DEC..

198 3 - J A N . .
-FEB..
-MAR..
-APR..
-MAY..
-JUN..

25.4

26.3

5 7 6 1.
5902.
5975.
5977.
5978.
5904.
5781.
5702.

.I
.
Hi

24.3

25.6

•*I
I
. I 44 99 22 28 ..
.
• • I 45 90 80 99 ..
••I
5028.
- M A Y . . ..1
- J U N . . .I
. 5 1 4 67 ..
- J U L . . -1
. 538
- A U G . . • • 15 3 7 9 .
- S E P . . • • I5 4 2 3 .
- O C T . . • • I5 3 2 1 .
5366.
-NOV.. ..I
- D E C . . • * 15 4 0 4 .
I
198 1 - J A N . . -1
. 5 33 37 54 .
- F E B . . .I
. 55 3 0 5 ..
- M A R . . .I
. 5589.
.I
-

23.3

23.7

1 980-JAN. «
-FEB.. ..I
-HAH..
-APR..

-APR..
-MAY.. --1
-JUN..
-JUL.,
-AUG..
-SEP..

22.5

4
3
1
1
-

SEASONALLY
ADJUSTED,

ACTUAL

-28.

4436.
4464.

5
5
4
4

21.9

22.9

.I 4 54 15 22 ..
.
.I 44 5 1 1 .
.
.I
.
I
1 9 7 9 - J A N . . -1
. 4470.
- F E B . . -I
- 4 4 4 0 ..
- M A R . - • * 14 5 7 7
4650.
-APR..
-MAY.. i 4 8 3 0 .
..
4915.
- J U N . . ..i
— J U L . . • • I4 9 8 1 .
4939.
-AUG..
-SEP.. . . i
-OCT.. .-i
-NOV..
-DEC..

20.9

22.2

-

BANKS
P E R C E N T A G E CHANGE " F R O M
P R E V I O U S YEAR

YEAR

*T.T. C O M M E R C I A L B A N K S
| ( B I L L I O N S OF DOLLARS)
|

SEASONALLY
a d j u s t e d .

COMMERCIAL

1

1
ACTUAL

20.5

.
1
I
1977-JAM... .
1 3 5 2 04 ..
-FEB... • I 347
-MAR... • I 3575.
-APR... I 3670.
-MAT... . I 3801.
- JUN. .. I 33 9 3 6 ..
-JUL.., I 971
- A U G . . . .I
. 3 99 58 14 .
-SEP..
- 3 9 7 7 ..
I 3
-OCT.. • • I
9
-NOV... .
1 33 9 0 7 ..
28
-DEC.. .
1
I 3837.
1978-JAN..
- 3776.
I
-FEB..
- I 3907.
- M A R . . .I
.
-APR.. » I 4002.
•
4 195.
-MAY.. ..I
- J U N . . .I
. 4 33 07 36 ..
- J U L . . > * I4
-AUG.. ..I
-SEP.. ..I
-OCT..
-NO V . .
-DEC..

LARGE
BANKS

AT

PREVIOUS

WEEKLY.

****
6 . 8
**$*

6.8

6.2

6.2

4. 1

4.2

6 . 2

6. 1

7.8

7.8

10.1

10.3

10.0

10. 1

9 . 5

9 . 5

THESE

BANKS

HAD

1977.
A V A I L A B L E FOR MARCH, J U N E ,
SEPTEMBER,
AND D E C E M B E R
R E P O R T S A R E A V A I L A B L E F O R J U N E AND D E C E M B E R O N L Y .

TABLE

3 0 2 . lfl
COMMERCIAL

MONTH

1
1
1—
1
1
TOTAL
1
#

1
1
1 9 7 6 - J AN
|
-FEB
|
-MAR
|
-APR
|
-MAT
|
-JON.... |
-JUL. . . . 1
—AUG.... |
-SEP.... 1
-OCT.
|
-NOV. . . . J
—DEC....|

BANK BORROWING UNDER S E A S O N A L BORROWING P R I V I L E G E
WEEK ENDING ON L A S T WEDNESDAY O f "10NTS

NUMBER O F

BANKS

|DEPOSIT
I
!
1

U P TO
*100
MILLION

SIZE

1 AVERAGE D A I L Y SEASONAL BORROWING
I
(THOUSANDS O F DOLLARS)
OF

BANK

|
OVER
|
$100
1 MILLION

I

TOTAL

1 D E P O S I T S I Z E ! O F BANK
1
I
UP TO
|
OVER
*100
1
*100
1
1 MILLION
t MILLION

7.
10.
17.
20.
21.
42.
38.
*0.
49.
40.
31.
19.

7.
10.
17.
20.
21.
41.
37.
39.
48.
38.
31.
19.

0.
0.
0.
0.
0.
1.
1.
1.
1.
2.
0.
0.

1
1
I
1
I
|
1
I
|
1
|
|

8267.
8233.
9605.
11153.
11637.
27898.
25957.
23354.
33618.
33297.
27215.
9970.

8267.
8233.
9605.
11153.
11637.
25898.
20243.
17354.
29618.
29154.
27215.
9970.

0.
0.
0.
0.
0.
2000.
5714.
6000.
4000.
4143.
0.
0.

-JON
|
-JUL. . . . |
-ADG
|
-SEP. . . . |
-OCT.
|
-NOV
1
- D E C . . . -1

8.
10.
17.
21.
45.
59.
63.
99.
92.
81.
53.
34.

8.
10.
17.
21.
44.
55.
59.
89.
83.
74.
45.
31.

0.
0.
0.
0.
1.
A.
4.
10.
9.
7.
8.
3.

1
I
J
I
I
I
1
1
|
I
|
|

8113.
11353.
14161.
15030.
34503.
70158.
68701.
130235.
115456.
116094.
742 88.
52761.

8113.
11353.
14161.
15030.
32503.
45658.
48508.
80936.
73456.
74794.
41488.
34461.

0.
0.
0.
0.
2000.
24500.
20193.
49299.
42000.
41300.
32800.
18300.

1978-JAN
|
-FEB.. . . |
-MAR
1
-APR
J
-MAY.
J
—JO V . . . . |
-JOI
|
-AOG
1
-SEP. . . . |
-OCT
1
-NOV....*
—DEC....|

23.
31.
51.
43.
93.
109.
128.
161.
160.
159.
117.
76.

23.
31.
49.
42.
85.
100.
122.
150.
147.
144.
102.
69.

0.
0.
2.
1.
8.
9.
6.
11.
13.
15.
15.
7.

|
t
|
|
1
I
1
|
|
|
I
I

35588.
52858.
51892.
49400.
114954.
133794.
150938.
206810.
204226.
235448.
180107.
131159.

35588.
52858.
50535.
44686.
88968.
101623.
119581.
158153.
156046.
158958.
105834.
87763.

0.
0.
1357.
4714.
25986.
32171.
31357.
48657.
48180.
76490.
74273.
43396.

1979-JAN
1
-FEB....|
—MAR....|
-APR..--|
-MAY.... |
-JON. . . . |
—JUL....|
-AOG
1
—SEP. . . . |
-OCT.... 1
-NOV
1
-DEC
|

62.
82.
100.
114.
164.
177.
156.
165.
158.
155.
107.
63.

56.
74.
92.
106.
148.
163.
143.
156.
147.
143.
101.
58.

6.
8.
8.
8.
16.
14.
13.
9.
11.
12.
6.
5.

| 112467.
| 123199.
| 134302.
| 141221.
1 217666.
| 195382.
1 166925.
| 185863.
| 180358.
| 185185.
| 135023.
|
81172.

78597.
95949.
100166.
106178.
142576.
143859.
126754.
147963.
108602.
133947.
101323.
60557.

33870.
27250.
34136.
35043.
75090.
51523.
40171.
37900.
71756.
51238.
33700.
20615.

1980-JAN
1
—FEB.... |
— MAR* . . . |
-APR.... |
-NAY. . . . !
—JOI.... I
—JUL.... I
-AOG.... |
—SEP.... |
—OCT.... |
-NOV
1
-DEC
1

52.
70.
115.
131.
52.
19.
15.
16.
38.
55.
66.
70.

45.
63.
102.
118.
50.
19.
15.
15.
37.
48.
57.
63.

7.
7.
13.
13.
2.
0.
0.
1.
1.
7.
9.
7.

|
1
I
|
|
1
1
|
1
1
|
|

96566.
1020 39.
176657.
170594.
29146.
8806.
7615.
10520.
30925.
87339.
111483.
114164.

43494.
67310.
101015.
102680.
28325.
8806.
7615.
8520.
26925.
53929.
67754.
78936.

53072.
34729.
75642.
67914.
821.
0.
0.
2000.
4000.
33410.
43729.
35228.

1981-JAN
1
-FEB... . 1
-MAR-...|
-APR....|

57.
86.
121.
114.
181.
201.
198.
206.
186.
145.
85.
48.

50.
77.
103.
101.
162.
180.
184.
187.
169.
131.
76.
41.

7.
9.
18.
13.
19.
21.
14.
19.
17.
14.
9.
7.

1
|
|
|
J
|
1
|
|
|
1
|

130984.
1553 97.
194120.
174543.
308510.
305707.
256288.
243916.
241704.
180667.
73273.
77654.

95970.
103140.
118747.
103514.
193222.
195956.
195946.
180558.
174135.
129969.
60943.
53748.

35014.
52257.
75373.
71029.
115288.
109751.
60342.
63358.
67569.
50698.
12330.
23906.

57.
89.
123.
137.
172.
220.
173.
110.
109.
79.
54.
32.

50.
78.
110.
122.
156.
202.
160.
107.
102.
75.
50.
30.

7.
11.
13.
15.
16.
18.
13.
3.
7.
4.
4.
2.

I
|
|
1
|
1
|
|
|
|
1
|

99186.
150737.
199836.
181921.
259447.
266749.
187054.
94855.
116542.
90293.
45898.
36003.

68279.
107809.
134887.
129102.
181682.
198526.
152354.
87355.
93527.
74607.
37769.
27003.

30907.
42928.
64949.
52819.
77765.
68223.
34700.
7500.
23015.
15686.
8129.
9000.

30.
35.
62.
75.
101.
137.

28.
34.
58.
71.
95.
128.

2.
1.
4.
4.
6.
9.

|
|
|
|
|
|

34133.
43750.
64773.
90203.
104625.
144223.

26133.
39750.
57888.
83078.
96811.
115341.

8000.
4000.
6885.
7125.
7814.
28882.

1977-JAN
1
—F E B . . . . |
-MAR....|
- APR.... J

—JON....|
—JUL. . . . |
-AUG....|
-SEP. . . . J
-OCT.... |
-NOV
|
-DEC
1
1982-JAN....I
-FEB. . . . I
— HA R . . . . |
- M l " " !
-JU # . . . . !
-JUL.... |
-AUG. . . . |

1
-DEC
1
1983-JAN.... I
-MAR.... |
— H i Y* • • • |
"JO 8*•••1
- - i -

THE S E A S O N A L BORROWING P R I V I L E G E WAS IMPLEMENTED ON A P R I L 1 9 , 1 9 7 3 .
D E P O S I T S I Z E C L A S S I F I C A T I O N I S BASED ON AVERAGE D E P O S I T S I N 1 9 7 2 .
FOR A D D I T I O N A L I N F O R M A T I O N , S E E NOTE ON PAGE 2 9 .




Average interest rates on business and farm borrowings
E f f e c t i v e r a t e s on bank loans, U.S.,
f i r s t week of second month of quarter
Business loans
Prime
rate,
large
banks

Average,
all
banks

1977-81
-92
-03
-04

6.35
6.35
6.86
7.90

7.6
7.6
7.9

1978-61
-82
-03
-04

8.16
8.16

8.9

8.6

9.1

Non-real-estate
farm loans

Stated nominal r a t e s , f i r s t day of quarter
Prime
rate,
large
banks

Other
banks

All
banks

8.3
8.1
8.4
9.1

8.9
8.9
8.9

6.25

9.0

8.8
8.7
8.7
9.1

9.3
9.6

9.1

9.2

7.75
8.00

9.3

Average of most common farm loan r a t e s at banks
surveyed q u a r t e r l y in s p e c i f i e d F.R. D i s t r i c t s

6.25
6.75
7.25

Feeder c a t t l e loans

Other operating loans

Chicago Kansas Dallas
City

Large
banks

9.2

8.7
8.7
8.7
8.8
8.8
8.9

10.0
11.4

10.4
11.7

9.3
10.0

9.6
10.4

9.00
9.75

9.1
9.4

12.2
12.3
12.3
15.8

12.5
12.8
12.9
16.2

10.4
10.7
10.9
13.1

11.0

11.75
11.75
11.50
13.50

10.1
10.5

-03
-04

12.09
12.09
12.09
16.39

1980-01
-82
-83
-04

16.39
18.81
11.30
15.56

15.7
17.8
11.6
15.6

16.0
18.5
12.8
16.3

13.7
17.1
13.7
15.3

14.1
17.4
13.5

15.25
19.50
12.00
13.50

1981-01
-82
-03
-04

20.56
19.90

19.3
19.9

19.9

17.9

21.55
18.54

21.0
17.4

19.5
20.8
18.9

17.5
17.5
19.1
18.7

1982-81
-92
-03
-04

17.02
17.18
15.56
12.36

17.1
17.1

18.0
17.9

13.5
11.4

15.6
13.3

17.5
17.7
17.5
15.5

1983-01

11.30
10.78

10,3

12.5

10.5

12.0

14.2
14.0

-82
-83

Notes:

11.2
11.3
13.6

Farm Credit System
Production Federal
credit
land
assns.
banks

Chicago Hinne- Kansas Dallas
a p o l i s City

9.20
10.78

1979-01
-82

(percent)

8.2
8.1
7.9

8.5
8.4
8.3

9.3

8.0

8.3

9.0

9.4

8.4

8.2

9.1

9.4

8.7

8.3

9.2
9.4

9.5
9.7

9.0
9.2

8.3
8.4

10.2
10.4

9.9
10.3

10.1
10.2

8.7
9.0

10.8

11.1
11.6

10.3
11.3

10.0
10.6
10.9

9.3

9.2

8.9

9.2

9.0

9.2
9.4
9.5

10.2
10.5
10.9
11.7

11.8

9.3
9.3
9.3
9.3

3.8
8.8
8.9

8.9

9.4

8.9
9.1
9.3

9.4
9.5
9.7

9.2
9.5

10.1
10.2

9.9
10.2
10.4

9.2
9.2

8.9
9.0
9.0
9.0

8.8

8.8
8.8
8.8
8.9

9.1
9.2
9.2

11.0

9.3
9.3

13.0
15.8
13.2

12.1
13.7
13.3

9.8
10.6
10.6

13.3

12.0

10.3

11.5

10.3
11.4

13.5
17.1
14.0

13.0
16.5
14.0

13.1
16.2
13.2

13.6
17.1
14.0

13.6
16.4
15.3

14.3

14.0

13.3

14.3

14.0

13.1
16.5
14.1
14.1

21.50
17.50
20.00
19.50

17.3
16.5
17.7
18.6

16.9

18.6

17.4

16.3
17.4
18.1

17.6
19.2
19.7

16.5
17.8
18.6

17.6
17.0
18.0
18.9

17.1
16.3
17.4
18.1

18.4
17.4
19.0
19.4

12.9
14.2
15.1
15.8

10.6
10.9

17.7
17.8
16.8
14.8

15.75
16.50

16.9
17.3

16.50
13.50

17.2
15.6

16.6
16.9
16.9
15.4

17.3
17.6
17.5
15.6

17.0
17.3
17.2
15.6

17.2
17.4
17.4
16.3

16.6
16.9
16.9
15.5

17.5
17.4
17.6
15.7

15.3
14.9
14.5
13.8

12.1
12.2
12.4
12.4

13.8

11.50
10.50
10.50

14.4
13.7

14.3

14.1

14.4

15.0

14.4

14.1

12.9

11.9

13.9

13.3

13.7

14.2

14.0

13.4

12.0

11.8
11.7

15.5

17.9
19.6
13.8

13.3

10.8
11.7

11.4
11.7

E f f e c t i v e prime r a t e i s c a l c u l a t e d by assuming a loan maturity of six months with a l l i n t e r e s t paid at m a t u r i t y .
E f f e c t i v e loan r a t e s are a dollar-weighted average of e f f e c t i v e r a t e s on loans of $1,000 or more made in the week i n d i c a t e d .
Additional data from t h i s q u a r t e r l y survey of bank lending are published in S t a t i s t i c a l Releases E.2 (Survey of Terms of
Bank Lending) and E.15 (Agricultural Finance Databook—Quarterly S e r i e s ) , Federal Reserve Board, Washington, D.C. 20551.
"Large banks" (survey s t r a t a 1-3) correspond roughly to banks with over $400 million in t o t a l a s s e t s as of December 1982.
The types of banks included in q u a r t e r l y a g r i c u l t u r a l c r e d i t c o n d i t i o n s surveys conducted by Federal Reserve Banks v a r i e s
among F.R. D i s t r i c t s , and so t h e r a t e s shown are not s t r i c t l y comparable. See page 58 of the Databook c i t e d above.
Farm Credit System r a t e s are unweighted averages of quoted r a t e s , net a d j u s t e d for required stock purchases and loan f e e s .




3 3

Percentage changes in deposits and loans at agricultural banks
from beginning of year to date shown
Last
Wednesday
of month

!
!
!

Time and savings d e p o s i t s

Total loans

Total d e p o s i t s
1979

1980

1981

1982

1983

1

-1

-1

0

-1

-1

1

3

0

0

0

0

-1

0

3

3

1

0

0

2

1

-2

2

3

3

3

2

3

2

0

-1

2

4

6

4

4

9

0

-1

2

5

6

4

6

14

11

1

0

2

5

7

5

7

9

15

11

1

1

3

5

7

5

7

na

11

16

12

na

2

4

6

na

6

9

October

na

12

18

14

na

5

5

7

na

0

6

9

November....

ne

na

20

15

na

na

7

9

na

na

5

8

December....

na

na

20

16

na

na

9

11

na

na

6

8

1979

1980

1981

1982

1983

1979

1980

1981

1982

January

1

2

6

2

4

-3

-3

0

0

February....

2

3

8

3

6

-2

-2

0

March

3

4

10

6

7

-3

-2

April

4

6

11

6

8

-1

fay

5

7

12

8

June

6

7

13

July

7

9

August......

8

September...

na

1983

No e s t i m a t e was made.

Notes:

Data shown are e s t i m a t e s f o r insured commercial banks at which farm loans were 25 percent or mere of
t o t a l loans at t h e beginning of the year (for 1982 and 1983 e s t i m a t e s , at the beginning of 1981).
Estimates are based on experience at banks t h a t report d e p o s i t s and loans weekly. Time and savings
d e p o s i t s include ATS and N W accounts as well as a l l c e r t i f i c a t e s of d e p o s i t .
O