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E. 15 (125) March 1983 AGRICULTURAL FINANCE DATABOOK Quarterly Series SECTION PAGE 100 Outstanding farm debt............................... 2 200 Farm lending operations of nonbank institutions..... 8 210 220 230 300 Production credit associations Federal land banks Life insurance companies Farm lending and credit conditions at banks......... 34 330 340 Terms of bank lending to farmers Agricultural credit conditions at rural banks New in this issue: Emanuel Melichar Paul T. Balides Tables 111A and 112A, Outstanding farm debt, annual at end of year, 1976-1982 Division of Research and Statistics Board of Governors of the Federal Reserve System Washington, D.C. 20551 100 111A Total 111.1 ft 111.2A 111.3A 111.4A 112A debt, O U TS TA N D IN G USDA a n n u a l FARM DEBT s e rie s A/scunt... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Change during year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . Percentage change during year...... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage distribution.... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 3 3 3 R ea l e s t a t e and n o n - r e a l - e s t a t e d e b t t o r e p o r t i n g l e n d i n g i n s t i t u t i o n s , USDA a n n u a l s e r i e s 112.1A , 112.2A 112.3A 112.4A 111Q 111. IQ 1U.2S 111.30 111.4Q 111.50 111.60 112Q 112.10 '12.20 112.30 112.46 112.50 112.6Q Amount. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Change during year...... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage change during year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage distribution. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Total debt, q u a rte rly 3 3 3 3 se rie s Asount.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Change from previous quarter................... . . . . . . . . . . . . . . . . . . . . . . . Percentage change fros previous quarter........................ . . . . . . . . . . . Change free previous year. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage change froB previous year..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage distribution..... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . R e a l e s t a t e and n o n - r e a l - e s t a t e d e b t t o lending i n s t i t u t i o n s , q u a rt e rly s e rie s 4 4 4 5 5 5 re po rting Asount. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Change fros previous quarter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage change from previous quarter.... . . . . . . . . . . . . . . . . . . . . . . . . . . Change froisprevious year................................................ . . . . . . . Percentage change from previous year...*.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Percentage distribution... . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 6 6 7 7 7 Sources Quarterly reports of condition, all insured cosaercial banks; "Production Credit Associations— Selected aonthly loan data," Supervisory Division, Far® Credit Administration (agricultural loans only); "Federal Land Banks— Summary of selected aonthly loan data," Technical Services Division, Fara Credit Administration (agricultural loans only); "Farm Credit System Loan Operations," Bank Services Division, Farm Credit Adsinistration; "Gross Flow of Mortgage Loans in the United States," American Council of Life Insurance; Finance Office, Farmers Hose Administration, U.S. Department of Agriculture; Economic Research Service, U.S. Departaent of Agriculture (quarterly series for Commodity Credit Corporation and all annual series). Notes Quarterly series for lending institutions begin in 1976, when insured ccanercial banks began to report fara loans quarterly. Annual series differ by including uninsured and mutual savings banks and excluding loans in Puerto Rico held by life insurance companies and the Fara Credit Systea. The reasons for such of the difference in reports supplied by FaHA is not presently known. TABLE 111A FABH DEBT OUTSTANDING TOTAL DEBT | INDIVIDUALS AND OTHERS | REPORTING LENDING INSTITUTIONS END OF YEAR | | | ALL COOPERATIVE L IF E FARMERS COMMODITY | TOTAL REAL N O N -R E A L-| TOTAL REAL N O N -R E A L-| TOTAL OPERATING FARM IN SU RAN C E HOME C R ED IT | EST A T E E ST A T E | E ST A T E EST A T E | BANKS C R E D IT COMPANIES A D M IN ISCORPOR______________ |__________________________________________ |__________________________________________ |________________________________SYSTEM ____________________ TRATIO N ATION 1 1 1 .1 A 1976197719781979198019811982- ___| ...| .. | ___| .__| .. I .. | 103884. 122743140814. 165805181957. 201680. 217652. 55157. 63307. 71413. 85421. 95513. 105565109567. 48726. 59436. 69401. 80384. 86444. 96115. 108085. | | | | | | J 28853. 33579. 3793544490. 47901. 50550. 51530. 18864. 2J335. 23638. 278803018031770. 32000. 1 1 1 .2 A 197619771 9 7 8 .. . 197919801 9 8 1 .. 1 9 8 2 .. - - . . . { 12354. ...... | 18859. . . . | 18071. ____| 24991. _- | 16152. . . . . j 19724. . . . | 15972. 5554. 8150. 8106. 14008. 10092. 10052. 4002. 6799. | 10710. | 9965. | 10983. | 6060. | 9 671. | 11970. | AMOUNTS IN M IL L IO N S OF DOLLARS 9989. 12244. 14297. 16610. 17721. 18780. 19530. 13.5 18.2 14.7 17.7 9.7 10-8 7.9 11-2 14.8 12.8 19.6 11.8 10.5 3.8 16.2 22.0 16.8 15.8 7.5 11.2 12.5 | | | | | | | 75031. 89164102879. 121315. 134056. 151130. 166122. CHANGE DURING Y EA R, 3038. 4726. 4356. 6555. 3411. 2649. 980- 1602. 2471. 2303. 4242. 2300. 1590. 2301 1 1 .3 A 1976- ..,..| 1977- ___ | 1978- ___ | 1979- ... | 1980.. ....| 1981-..... | 1982.. .....| | | | | | | | 11.8 16.4 13.0 17.3 7.7 5.5 1-9 1436. | 2255. | 2 053. | 2313. | 1111. I 1059. | 750. | 30064. 33489. 36830. 39657. 403124133544750. 30992. 35193. 40004. 48329. 56366. 65491. 68122. 7400. 8819. 10478. 12165. 12928. 13100. 12802. 5534. 7123. 990116094. 19471. 23196. 23844. 1040. 4540. 5666. 5070. 4978. 8008. 16604. 3975. 42014811. 8325. 8037. 9125. 2631. 674. 1419. 1659. 1687. 763. 172. -2 9 8 . 393. 1589. 2778. 6193. 3378. 3725648. 6653500. 1126, -5 9 6 . -9 2 . 3030. 8596. 14.7 13.6 13.7 20.8 16.6 16.2 4.0 10.0 19.2 18.8 16.1 6.3 1.3 -2.3 M IL L IO N S OF DOLLARS 931614133. 13715. 18436. 12741. 17075. 14992. 3 6083425. 3 34 1. 2827. 6 55. 1023. 341 5. PERCENTAGE CHANGE DURING YEAR 9.3 13.1 10.8 17.9 8.2 5.3 .7 16.8 22.6 16.8 16.2 6.7 6.0 4.0 1 1 1 .4 A | 14.2 18.8 15.4 17.9 10.5 12.7 9.9 \ | | | | 1 13.6 11.4 10.0 7.7 1.7 2.5 8.3 7.6 28.7 39-0 62.5 21.0 19. 1 2.8 177.3 336.5 24.8 -10.5 -1.8 60.9 107.3 PERCENTAGE OF TOTAL I I I 1 9 7 6 . . . . . . | 100.0 53.1 4 6. 9 | 2 7. 8 18.2 9 .6 | 7 2 .2 2 8. 9 2 9 .8 7.1 5 .3 1-0 19 7 7. ..... | 100.0 5 1- 6 4 8 .4 | 2 7 .4 17.4 10.0 | 7 2- 6 2 7. 3 2 8.7 7 .2 5 .8 3.7 1 9 7 8 - ........| 100.0 5 0.7 4 9. 3 | 2 6.9 16 .8 10.2 | 73.1 2 6. 2 2 8 .4 7 .4 7 .0 4.0 19 79 __ . | 100.0 5 1 .5 4 8 .5 | 26 .8 16.8 10.0 | 7 3 .2 2 3 .9 29. 1 7 .3 9.7 3.1 19 8 0....... | 100.0 5 2. 5 4 7 .5 | 2 6. 3 16.6 9 .7 | 73.7 2 2- 2 3 1. 0 7.1 10.7 2. 7 1981_- 1 100.0 52.3 4 7. 7 | 25.1 15.8 9 .3 | 7 4.9 2 0 .5 3 2 .5 6 .5 11.5 4.0 1 9 8 2 - ....... | 100.0 5 0.3 4 9 .7 | 2 3. 7 14 .7 9 .0 J 7 6 .3 2 0. 6 3 1 .3 5. 9 11.0 7.6 ____________ 1______________________________________I______________________________________1__________________________________________________________________________ TABLE 112A FARM DEBT OUTSTANDING AT REPORTING LENDING IN S T IT U T IO N S 1 | I END OF YEAR | | | REAL E STA TE DEBT | N O N -R E A L-E ST A T E DEBT I_______________________________________________________I__________________________________________________________________ TOTAL ] ALL FED ERAL L IF E FARMERS | ALL PRODUCTION FEDERAL FARMERS COMMODITY | TOTAL O PERATIN G LAND IN SU RA N C E HOME | TOTAL OPERATING C R E D IT IN T E R H E D IHOME C R E D IT | BANKS BANKS COM PANIES A D M IN IS -| BANKS A S S O C IA ATE C R E D IT A D M IN IS CORPOR____________________________________________________________ TRATION |________________________________H O N S __________ BANKS TRATIO N ATION ______ -___I_________ J I | 1 1 2 . 1A AMOUNTS IN M IL L IO N S OF DOLLARS 197619771978197919801981- --------| ....... | --------| ....... J ....... | ------| 75031. 89164. 102879121315. 134056.. 151130. | | | | | | 36293. 419724777557541. 65333. 73795. 678 1. 7780. 8557. 8623. 87458387. 18455. 21391. 24619. 29642. 3594543564. 74008819. 10478. 12165. 12928. 13100. 3657. 3982. 4121. 711 1. 7715. 8744. | | | | | | 38737. 47192. 55104. 63774. 68723. 77335. 23283. 25709. 28273. 31034. 31567. 32948. 12170. 13428. 1487618021. 19611. 21014. 3 68 . 3 74 . 509 . 666. 810 . 913. 1877. 3141. 5780. 8983. 11756. 14452.. 1040. 4540. 56665070. 4978. 8008. 1982- ........ | 166122. 1 77567. 8500. 47180. 12802. 9085. | 88555. 36250. 20070- 872. 14759. 16604. 18. 6. 135. 157. 144. 103. -41. 105. 1264. 2639. 3203. 2773. 2696307. 665. 3500. 1126. -596. -92. 3030. 8596. 1 1 2 -2 A 1976197719781979198019811982- -- -| ....| ___ | ....| .. — -| ....| ----| 9316. 14133. 1371518436. 12741. 17075. 14992. | | | | | J | 3952. 5679, 5803. 9766. 77928462. 3772. 485. 999. 777. 66. 122. -358. 113. 2505. 2936. 3228. 5023. 6303. 7619. 3616. CHANGE DURING Y EA R, 674. 1419. 1659. 1687. 763. 172. -298. 1 1 2 .3 A 19761977197819791980-. . 19811982- .......| ----- 1 .......... | . ----- 1 ..,J --------| .......... | 1 4 .2 | 1 8 .8 | 1 5 .4 | 1 7 ,9 I 1 0 .5 | 1 2 .7 | 9 .9 | 1 2 .2 1 5 .6 1 3 .8 2 0 .4 1 3 .5 1 3 .0 5. 1 7 .7 1 4 .7 1 0 .0 .8 1 .4 -4 .1 1 .3 1 5 .7 15-9 1 5 .1 2 0 .4 2 1 .3 2 1 .2 8 .3 1 0 .0 1 9 .2 1 8 .8 1 6 .1 6 .3 1 .3 -2 .3 112-4A 1976- --- | ****** | 100.0 1977- -- -| ****** | 100.0 1978......****** | 100.0 1979- ... | ****** | 100.0 1980- .....,| ****** 1981- ... | ****** | 100.0 1982- ... | ****** J 100.0 18.7 18.5 17.9 15.0 | 11.4 11.0 50.8 51.0 51.5 51.5 100.0 59.0 60.8 288. 325. 139. 2990. 604. 1029. 341. \ | | | | | | M IL L IO N S OF DOLLARS 5363. 84557912. 8670. 4949. 8612. 11220- 3123. 2426. 2564. 2761. 533. 1381. 3302. 1453. 1258. 1448. 3145. 1590. 1403. -944. PERCENTAGE CHANGE DURING YEAR 8 .6 8 .9 3 .5 7 2 .5 8 .5 1 3 .3 3 .9 | | | | | | | 16 .1 2 1 .8 1 6 .8 1 5 .7 7 .8 1 2 .5 1 4 .5 1 5 .5 1 0 .4 1 0 .0 9 .8 1 .7 4-4 1 0 .0 PERCENTAGE OF TOTAL S P E C I F I E D 20-4 10.1 21.0 9.5 21.9 8.6 21. 1 12.4 13.4 55-0 17.8 11.8 16.5 11.7 1 3 .6 1 0 .3 1 0 .8 2 1 .1 8 .8 7 .2 -4 .5 5 .0 1 .7 36. 1 3 0 .8 2 1 .6 1 2 .7 -4 .5 31.4 28.5 27.0 28.3 .9 .8 .9 1.0 5 .9 6 7 .3 8 4 .0 5 5 .4 3 0 .9 2 2 .9 2 .1 177.3 33 6.5 2 4 .8 -1 0 .5 -1 .8 6 0 .9 107.3 DEBT | 100.0 60. 1 | 100.0 54.5 | 100.0 51.3 | 100,0 48-7 19.8 11.8 | | 100.0 42-6 | 100.0 40.9 100.0 27.2 22.7 4.8 6.7 10.5 14.1 45.9 1.2 1.0 2.7 9.6 10.3 7..9 28.5 18.7 16.7 1.2 10.4 18.7 17. 1 7 4 TABLE 111Q FARM DEBT OUTSTANDING TOTAL DEBT I I. END OF QUARTER | 1 TOTAL 1 1 REAL E ST A T E IN D IV ID U A L S N O N -REA LE STA TE TOTAL 1 1 1 . 1Q 1 9 7 6 - Q 4 „ „ .l 104060. 1 9 7 7 -Q 1 — „ ! *************************** *************************** - Q 3 -----| -Q 4 — - I *************************** 122647. 55187. 63336. 48872. | TOTAL 59311. 71786. 29918. 31091. 7400. 5758. 1040. 30644. 32964. 33877. 33434. 32268. 34334. 35353. 35290. 7615. 8116. 8452. 8819. 5893. 6539. 6832. 6984. 1244. 1475. 2478. 4540. 91395. 96618. 100437. 103260. 33322. 35182. 36472. 36647. 35978. 37894. 39394. 40080. 9183. 9691. 10095. 10478. 8052. 9609. 10435. 10388. 4860. 4243. 4041. 5666. 106640. 114301. 117724. 121162- 36600. 38397. 39508. 39558. 41650. 4453946505. 48436. 10907. 1146111842. 12165. 11385. 144161579815932. 6098. 5489. 4071. 5070. 17721. 126020. 131447. 132533. 134562. 38999. 39491. 40084. 40087. 51284. 54631. 5553756479. 1241512725. 12800. 12928. 17737. 19461. 20009. 20090. 5586. 5139. 4103. 4978. | * * * * * * * * * * * * * * * * * * * * * * * * * * * | * * * * * * * * * * * * * * * * * * * * * * * * * * * | * * * * * * * * * * * * * * * * * * * * * * * * * * * 50550. 31770. 18780. | 140176146097. 149354. 151936. 39802. 4160541965. 41144. 59500. 63364. 65415. 65632. 130281300213106. 13059. 22101. 24309. 24662. 24094. 5746. 3817. 4206. 8008. 156874. 161926. 164315. 167065. 41608. 44205. 45534. 44550. 66664. 69152. 69787. 68255. 12974. 12967. 12906. 12802. 24132. 25256. 25340. 24855. 1149610347. 10748. 16604. | | 579. 21335. 12244. 37935. 23638. 14297. 4c* * * * * * * * * * * * * * * * * * * * * * * * * * | 44490. 27880. 16610. I j *************************** j *************************** | *************************** | 47901. 30180. I * * * * * * * * * * * * * * * * * * * * * * * * * * * 96682. 1 9 8 2 - Q 1 ____| * * * * * * * * * * * * * * * * * * * * * * * * * * * ~ Q 2 ------- j *************************** _ Q3 ------- I - Q 4 ------- l * * * * * * * * * * * * * * * * * * * * * * * * * * * l | | | 218595. | 109844. 33 18864- | *************************** | *************************** 1 9 8 1 - Q 1 ... | * ** * * * * * * * * * * * * * * * * * * * * * * * * - Q 2 ------- | * * * * * * * * * * * * * * * * * * * * * * * * * * * 105804. M IL L IO N S OF DOLLARS 75207. 69409. 202486. COMMODITY C R E D IT CORPOR ATION 7766383428. 86992. 89068. | 1 9 8 D -Q 1 ___ | * * * * * * * * * * * * * * * * * * * * * * * * * * * - Q 2 ...I * * * * * ** * * * * * * * * * * ** * * * * * * * * - Q 3 ---- , | * * * * * * * * * * * * * * * * * * * * * * * * * * * 96205. 86258. "Q 4 - .- I 1 8 2 4 6 3 . FARMERS HOME A D M IN IS TRATION 9989. 28853. I | * * * * * * * * * * * * * * * * * * * * * * * * * * * j *************************** j *************************** *************************** *************************** *************************** 141195- AMOUNTS IN IN SU RE D CO O PERATIVE L IF E COMMERCIAL FARM IN SU RAN C E BANKS C R ED IT COM PANIES SYSTEM ********* ********* ********* *************************** | *************************** 1 979-Q 1. . . | * * * * * * * * * * * * * * * * * * * * * * * * * * * -Q 2„ — | * * * * * * * * * * * * * * * * * * * * * * * * * * * - Q 3 ...I * * * * * ** * * * * * * * * * * ** * * * * * * * * 85259. 80393. - Q 4 ..» | 165652. -Q 4— - I REAL EST A T E REPORTING LENDING IN S T IT U T IO N S 1 1 1 NON-REAL- I ESTA TE 1 1 1 1 1. 1 1 9 7 8 - Q 1 ..- I “ Q 2-— | - Q 3 ...I -C 4-— 1 AND OTHERS 108751. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 51530. 32000- 19530. 1 I | 111.2Q CHANGE FROM PREVIOUS QUARTER, MILLIONS OF DOLLARS I _____________________________________________________________________________________________________________________ t I I 1977— Q1...| * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * 1 *************************** -Q2...I *************************** ] 1 *************************** —Q3-- | * * * * * * * * * * * * * * * * * * * * * * * * * * * | 1 *************************** -Q4..... | *************************** | 1 1978-Q1.— | *************************** j1 *************************** -Q2.— | *************************** j1 *************************** -Q3--I *************************** ]1 *************************** -Q4--.| *************************** |1 *************************** 11 1979-Q1__ | *************************** |1 *************************** -Q2-— l * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * -Q3...I * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 *************************** -Q4. ... | * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * 1980-Q1.... | -Q2 -------- 1 -Q3 ---------| -Q4... | 11 |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * |1 * * * * * * * * * * * * * * * * * * * * * * * * * * * j1 * * * * * * * * * * * * * * * * * * * * * * * * * * * *************************** *************************** *************************** *************************** 1l 1981-Q1____ 1 * * * * * * * * * * * * * * * * * * * * * * * * * * * |I * * * * * * * * * * * * * * * * * * * * * * * * * * * -Q2...I * * * * * * * * * * * * * * * * * * * * * * * * * * * j * * * * * * * * * * * * * * * * * * * * * * * * * * * -Q3.--I *************************** |1 *************************** —Q4-... | *************************** |1 *************************** 11 1982-Q1__ | *************************** |1 *************************** -Q2...I *************************** |1 *************************** -Q3...| *************************** |1 *************************** -Q4 — „| *************************** | *************************** I J1 ______ 111.3Q ! 1977-Q1...| ************************* -Q2...J * * * * * * * * * * * * * * * * * * * * * * * * * -Q3. — | ************************* -Q4-— | ************************* I 1978-Q1..-| * * * * * * * * * * * * * * * * * * * * * * * * * -Q2...I ************************* -Q3. .. | ************************* -Q4..-1 ************************* I 1979-Q1-- J ************************* -Q2...J ************************* -Q3..-I ************************* — Q4-— | ************************* 1980—Q 1-... | -Q2-..J -Q3„... J -Q4..-I ************************* ************************* ************************* ************************* 1981-Q1.— 1 -Q2..— | -Q3..-I -Q4— | ************************* ************************* 1982-Q1...| -Q2— | -Q3...| -Q4„... J 1 j | | | 1 | j | | 1 | j j j 1 | | | | 1 j ************************* ************************* j | j 1 j | * * * * * * * * * * * * * * * * * * * * * * * * * j ************************* | _1 ************************* ************************* _______________ L | | | | 1 | | | j 1 | | j | 2457. 5764. 3565. 2076. 726. 2320. 913. -443. 1177. 2066. 1019. -63. 215. 501. 336. 367. 135. 646. 293. 152. 204. 23110032062. 2327. 5223. 3819. 2823. -112. 1860. 1290. 175. 688. 1916. 1500. 687. 364. 507. 404. 383. 1068. 1557. 826. -47. 320. -617. -202. 1625. 3381. 76613423. 3437. -47. 17971111. 50. 1569. 2889. 1966. 1931. 429. 553382. 323. 997. 3031. 1382. 134. 432. -609. -1418. 999- 4859. 5427. 1086. 2029. -559. 492. 593. 3. 2847. 3348. 906. 942. 250. 310. 75. 128. 18051724. 548. 81. 516. -447. -1036. 875. 5614. 5921. 3256. 2583. -2851803. 360. -821. 3020. 3865. 2051. 217. 100-26. 104. -47. 201 1 . 2208. 353. -568. 768. -1929. 389. 3802. 4938. 5052. 2388. 2751. 464. 2597. 1329. -984. 1032. 2488. 635. -1532. -84. -8. -61. -104- 38. 1124. 84. -485. 3488. -1149. 401. 5856. i | | | | 1 | | | j 1 | | | | 1 . PERCENTAGE CHANGE FROM PREVIOUS QUARTER ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* ************************* I | | | | I | | | | ! j | | | I | | | | I | | | | I | | | | 1 3.3 7-4 4.3 2-4 2.4 7.6 2. 8 -1.3 3.8 6.4 3.0 -.2 2.9 6.6 4. 1 4.3 2.3 11.0 4. 5 2.2 19.6 18.6 68.0 83.2 2.6 5.7 4.0 2.8 -.3 5.6 3.7 .5 1.9 5.3 4.0 1.7 4. 1 5.5 4-2 3.8 15.3 19-3 8-6 -.4 7.0 -12.7 -4.8 40.2 3.3 7.2 3.0 2.9 -. 1 4.9 2.9 .1 3.9 6.9 4.4 4.2 4. 1 5.1 3.3 2.7 9.6 26-6 9.6 .8 7.6 -10.0 -25.8 24.5 4.0 4.3 .8 1.5 -1.4 1-3 1-5 -0 5.9 6.5 1.7 1.7 2.1 2.5 .6 1.0 11-3 9.7 2.8 .4 10.2 -8. 0 -20.2 21.3 4.2 4.2 2.2 1.7 -.7 4.5 .9 -2.0 5.3 6-5 3.2 .3 .8 -.2 .8 -.4 10.0 10.0 1.5 -2.3 15.4 -33.6 10.2 90.4 3.2 3-2 1.5 1.7 1. 1 6.2 3.0 -2.2 1.6 3.7 .9 -2.2 -.6 -.1 -.5 -.8 .2 4.7 .3 -1.9 43.6 -10.0 3.9 54.5 5 TABLE 111Q (CONTINUED) FARM DEBT OUTSTANDING TOTAL DEBT END OF QUARTER TOTAL REAL ESTATE ___ _____ INDIVIDUALS AND OTHEBS N O N -SEALESTATE ___ __ TOTAL REAL ESTATE __ 1 1 1 .4Q 1977-Q 2 .. -Q 3 — -Q < *~ 1978-Q 2 . . -Q 3 — - 04. . 1979- -Q 2 .. - 03. . -Q 4 — CHANGE FROM PREVIOUS1 TEAR, MILLIONS OF DOLLARS 10394. 12289. 13670. 13861. 4100. 447 2. 4491. 3516. 4101. 4551. 4 651. 4200. 826. 1136. 1294. 1419. 548. 860. 996. 1226. 819. 1270. 2238. 3500. *************************** Q1— . *************************** *************************** 18548. 8451. 10098. *************************** *************************** *************************** 4356. 2303. 205 3. | | j | 13732. 13191. 13445. 14192. 2678. 2218. 25953213. 3710. 3 560. 4041. 4790. 1568. 1575. 1643. 1659. 2159. 3070. 3603. 3404. 3616. 2768. 15631126. Q 1*************************** .. *************************** *************************** 24457. 13472. 10984. *************************** *************************** *************************** 6555. 4242. 2313. 15245. 17683. 17288. 17902. 3278. 3215. 3036. 2911. 5672. 664 5. 7 111. 8 356. 1724. 1770. 1747. 1687. 3333. 4807. 5363. 5544. 1238. 1246. 30. -5 9 6 . 19380. 17146. 14809. 13400. 2399. 1094. 576. 529. 9634. 10093. 9032. 8043. 1507. 1264. 958. 763. 6352. 5045. 4211. 4158. -5 1 2 . -3 5 0 . 3 2. -9 2 . 14156. 14650. 16820. 17374. 803. 2114. 1881. 1057. 8216. 8733. 9878. 9153. 613. 277. 306. 131. 4364. 4848. 4653. 4004. 160. -1 3 2 2 . 1033030. 16698. 15829. 14961. 15129. 1806. 2600. 3 569. 340 6. 7164. 5788. 4372. 2623. -5 3 . -3 5 . -2 0 0 . -2 5 7 . 2031. 947. 678 . 761. 5750. 6530. 6542. 8596. Q 1*************************** .. *************************** *************************** 20023. 9599. 10424. || !I |I Q 1*************************** -. *************************** jI *************************** jj 16109. 4 040. 12069. (| I1 | | | | 1 *************************** | *************************** { *************************** | 3411. 2300. 1111. | 1 *************************** | *************************** j *************************** | 2 649. 1590. 1059. | I *************************** | *************************** | *************************** j 980. 230 . 750. | . .. _ _________ L . 111.5Q PERCENTAGE CHANGE FROM PREVIOUS TEAR 1977-0 2 .. -0 3 .. -0 4 .. ************************* Q 1 .. ************************* ************************* 1 7 .9 1 4.8 2 1 .4 ************************* ************************* ************************* 16.4 13.1 2 2 .6 1978-Q 3 ... -0 4 — ************************* Q 1 .• ************************* ************************* 1 5.1 1 3 .3 1 7 .0 ************************* ************************* ************************* 13.0 1 0 .8 1 6 .8 1979-Q 2 -. -0 3 . . -Q 4 — ************************* Q 1 .. ************************* ************************* 1 7 .3 1 8 .8 1 5.8 ************************* ************************* ************************* 17.3 1 7 .9 16.2 1980- Q1—************************* ************************* ************************* 10.1 1 2.8 7 .3 ************************* ************************* ************************* 7 .7 8 .2 6 .7 1 | | | ( 1 | j | | f | | J | 1 | | | | -0 3 .. — Q 4 .. ************************* Q 1 .. ************************* ************************* 1 1.0 1 0 .0 12.1 ************************* ************************* ************************* 5 .5 5 .3 6 .0 1982—Q2. . -0 3 — -0 4 .. Q1 .************************* . ************************* ************************* 8 .0 3 .8 1 2 .5 ************************* ************************* ************************* 1 .9 .7 4 .0 -Q 2 . . -0 2 — -0 3 — —Q4— 1981- -Q 2 .. 111.6Q 1976- COMMODITY CR ED IT CORPOR ATION 1 | j | | 19 8 1 - 1982—Q 2 .. -0 3 .. -Q 4 .. FARMERS HOME ADMINIS TRATION *************************** *************************** *************************** 4726. 2471. 2255. *************************** 01— *************************** *************************** 16811. 10946. 5865. — Q 3 -. — Q 4 -- TO TA L INSURED COOPERATIVEi L IF E COMMERCIAL FARM INSURANCE BANKS CREDIT COMPANIES SYSTEM *************************** Q l— *************************** *************************** 18587. 8148. 10439. 1980-0 2 .. -0 3 .. —Q 4 -. -Q 2 . - REPORTING LENDING INSTITUTIONS I NON—R E A L -1 ESTATE 1 Q 4 ..». 100.0 5 3 .0 4 7 .0 i! ji 2 7 .7 18.1 1 5 .5 17.3 1 8.6 1 8.4 1 5 .4 1 5.7 1 5.3 1 1.8 1 4 .6 1 5 .3 1 5 .2 1 3 .5 1 2.2 16.3 18.1 19.2 1 0.3 15.1 17.1 2 1 .3 192-7 6 1 9 .5 9 3 2 .5 3 3 6 .5 1 7.7 15.8 1 5 -5 1 5 .9 8 .7 6 .7 7 .7 9 .6 1 1 .5 1 0 .4 1 1 .4 1 3 .6 2 0 .6 19.4 19.4 18.8 3 6 .6 4 6 .9 5 2 .7 4 8 .7 2 9 0 .7 187 .7 6 3 .1 2 4 .8 16.7 1 8.3 1 7 ,2 17.3 9 .8 9. 1 8 .3 7 .9 1 5 .8 1 7 .5 18.1 2 0 .8 18.8 18.3 17.3 16.1 4 1 .4 5 0 .0 5 1 .4 5 3 .4 2 5 .5 2 9.4 .7 -1 0 .5 1 8.2 1 5 .0 1 2 .6 11.1 6 .6 2 .8 1 .5 1 .3 2 3.1 2 2 .7 1 9.4 1 6 .6 13.8 11.0 8 .1 6 .3 5 5 -8 3 5 .0 2 6 .7 26. 1 -8 .4 -6 .4 .8 -1 .8 | | | | 1 1.2 11.1 1 2.7 1 2.9 2 .1 5 .4 4 .7 2 .6 1 6 .0 1 6 .0 1 7 .8 1 6 .2 4 .9 2 .2 2 .4 1 .0 2 4 .6 2 4 .9 2 3 .3 1 9.9 2 .9 -2 5 .7 2 .5 6 0 .9 | j | | 11.9 1 0.8 1 0.0 1 0 .0 4 .5 6 .2 8 .5 8 .3 1 2 .0 9 .1 6 .7 4 .0 -.4 -.3 -1 .5 -2 .0 9 .2 3 .9 2 .7 3 .2 100.1 171.1 155.5 107 .3 2 8 .8 2 9 .9 7 .1 5 .5 1 .0 PERCENTAGE OF TOTAL 9 .6 ************************* I | 7 2 .3 ******************************************************* ******************************************************* ******************************************************* 1977Q 1 ************************* ... ************************* -Q 2 ... ************************* -Q 3 - — -Q 4 ... 100.0 5 1 .6 4 8 .4 ************************* ************************* 2 7 .4 1 7.4 10.0 ************************* 1978Q 1 .— ************************* -Q 2 .— ************************* -Q 3 ... 1 00 .0 5 0 -8 4 9 .2 -Q 4 ... ************************* ************************* ************************* 26. S 16.. 7 10.1 ******************************************************* ******************************************************* ******************************************************* Q1—************************* . ************************* ************************* ************************* 2 6 .9 1 6 .8 10.0 ******************************************************* ******************************************************* ******************************************************* ************************* ************************* ************************* 2 6 .3 1 6 .5 9 .7 ******************************************************* ******************************************************* ******************************************************* ************************* ************************* ************************* 2 5 .0 1 5.7 9 .3 ******************************************************* ******************************************************* ******************************************************* 7 5 .0 2 0 .3 3 2 .4 6 .4 1 1 .9 4 .0 ************************* ************************* ************************* 2 3 .6 1 4 .6 8 .9 ******************************************************* ******************************************************* ******************************************************* 7 6 .4 2 0 .4 3 1 .2 5 .9 1 1 .4 7 .6 1979- -Q 2 ... -Q 3 ... -Q 4 ... 1980- -Q 2 — -Q 3 ... — Q4___ ************************* ************************* 100.0 5 1 .5 4 8 .5 Q 1 ************************* ... ************************* ************************* 1 0 0 .0 5 2 .7 4 7 .3 198 1- Q1— „ -Q 2 ... — Q3 .« » . —Q 4 .- . ************************* ************************* ************************* 1 9 8 2 -Q 1 . ... ************************* ************************* ************************* -Q 2 ... -Q 3 ... —Q 4 . . . 1 00 .0 100.0 5 2 .3 5 0 .3 4 7 .7 4 9 .7 7 2 .6 7 3.1 7 3 .1 7 3 .7 2 7 .3 2 6 .0 2 3 .9 2 2 .0 2 8 .8 2 8 .4 2 9 .2 3 1 .0 7 .2 7 .4 7 .3 7 .1 5 .7 7 .4 9 .6 1 1 .0 3 .7 4 .0 3.1 2 .7 6 TABLE 112Q FARM DEBT OUTSTANDING AT REPOSTING LENDING INSTITUTIONS REAL ESTATE DEBT 36323. 6712. 18524. 7400. 3687. 1977-Q1...| -Q2™ | -Q3...| -Q4™ | 77663. 83428. 86992. 89068. 37688. 3950140870. 42001. 6977. 7342. 7607. 7730. 19331. 20190. 2087421466. 7615. 8116. 8452. 8819. 3765. 3853. 3937. 3985. 1978-Q1___| 91395. -Q2..-I 96618. -Q3— - 1 100437. -Q4..-I 103260. 43428. 45274. 46924. 48148. 7902. 8189. 8418. 8467. 22234. 23131. 23939. 24668. 9183. 9691. 10095. 10478. 4109. 4264. 4472. 4535. 1979-Q1-.-I -Q2..»| 106640. 114301. 117724. -Q4-— I 121162. 50574. 53458. 55708. 57379- 8504. 8628. 8695. 8554. 25851. 27261. 28430. 29725. 10907. 11461. 11842. 12165. 5312. 6108.. 6740. 6934. 1980-Q1-— | 126020. 131447. -Q3... | 132533. 134562. I 1981-Q1__ | 140176. — Q2«... | 146097. - Q 3 ™ | 149354. -Q4...I 151936. 60181. 62894. 64495. 66025. 85188436. 8488. 8546. 31603. 33681. 34852. 36032. 12415. 12725. 12800. 12928. 7645. 8052. 8355. 8519. 68150. 70584. 72633. 74034. 8464. 8439. 8412. 8301. 38030. 40280. 42103. 43658. 13028. 13002. 13106. 13059. 8629. 8863. 9013. 9017. 75431. 76917. 77673. 77844. 8326. 8450. 8521. 8414. 45074. 46316. 46954. 47282. 12974. 12967. 12906. 12802. 9057. 91859292. 9347. TOTAL INSURED COMMERCIAL BANKS FEDERAL LAND BANKS LIFE INSURANCE COMPANIES 112.1Q FARMERS 1 HOME 1 ADMINIS— | TRATION._1 TOTAL INSURED PRODUCTION FEDERAL FARMERS COMMODITY COMMERCIAL CREDIT INTERMEDI HOME CREDIT BANKS ASSOCIA ATE CREDIT ADMINIS CORPOR TIONS BANKS TRATION ATION AMOUNTS IN MILLIONS OF DOLLARS 1982-Q1--.| 156874. -Q2— | 161926. -Q3..-I 164315. -Q4„.»«. | 167065. |_ 1 1 1. 1 1 977-Q1...| 2457. -Q2-— | 5764. -Q3...I 3564. -Q4--., | 2076. 1 1978-Q1.... | 2327. "Q2---I 5223. -Q3— «| 3819. 2823. -Q4..-I | | | | 1364. 1813. 1369. 1131. 265. 365. 265. 123. 807. 859. 684. 593. 215. 501. 336. 367. 78. 88. 84. 48. | | | | 1427. 1846. 1649. 1225. 172. 287. 229. 49. 768. 897. 808. 729. 364. 507. 404. 383. 124. 155. 208. 63. 1979-Q1___| -Q2...I — Q3.*.« | -Q4~--| 3381. 7661. 3423. 3437. | | | | 2426. 2884. 2250. 1671. 37. 124. 67. -141. 1183. 1410. 1169. 1295. 429. 553. 382. 323. 777. 796632. 194. 1980-Q1.,.. | ■Q2---I -Q3--~l -Q4-..« | 4859. 5427. 1086. 2029. | | | | 2802. 2713. 1601. 1530. -36. -82. 52. 58. 1878. 2078. 1171. 1180. 250. 310. 75. 128. 711. 407. 303. 164. 1981-Q1-— | -Q2..-I ■Q3---I -Q4---I 5614. | 5921. | 3256. | 2583. | 2125. 2434. 2049. 1401. -82. -25. -27. -111. 1998. 2251. 1823. 1555. 100. -26. 104. -47. 110. 234. 150. 4. 1982— Ql...| -Q2..-I -Q3.— I -Q4---I I 4938. | 5052. | 2388. | 2751. | 1397. 1486. 756. 172. 25. 124. 71. -107. 1416. 1242. 639. 328. -84. -8. -61. -104. 40. 128. 107. 55. 112.2Q HON-REAL-ESTATE DEBT 1 1 1 END OP | TOTAL QUARTEH | 1 1 1 1 1. 1 1976-Q4..-I 75207. 1 1 1 1 1 I 1 1 1 1 t 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _l_ 38883. 23206. 12196. 370. 2071. 1040. 39976. 43927. 46122. 47067. 23667. 25622. 26270. 25704. 12583. 13749. 14069. 13454. 354. 395. 410. 370. 2128. 2686. 2895. 2999. 1244. 1475. 2478. 4540. 47967. 51344. 53513. 55112. 25420. 26993. 28054. 28180. 13427. 14312. 14955. 14901. 317. 451. 500. 511. 3943. 5345. 5963. 5853. 4860. 4243. 4041. 5666. 56066. 60843. 62017. 63783. 28096. 29769. 30813. 31004. 15381. 16688. 17452. 18045* 418. 589. 623. 666. 6073. 8308. 9058. 8998. 6098. 5489. 4071. 5070. 65839. 68553. 68038. 68537. 30481. 31055. 31596. 31541. 18953. 20195. 19911. 19636. 727. 755. 774. 811. 10092. 11409. 11655. 11571. 5586. 5139. 4103. 4978. 72026. 75514. 76720. 77902- 31338. 33166. 33553. 32843. 20612. 22126. 22315. 21042. 858. 958. 998. 932. 13472. 15447. 15649. 15077. 5746. 3817. 4206. 8008. 81443. 85009. 86642. 89221. 33282. 35755. 37013. 36136. 20722. 21898. 21875. 20101. 868. 939. 958. 872. 15075. 16071. 16048. 15508. 11496. 10347. 10748. 16604. CHANGE FROM PREVIOUS QUARTER, MILLIONS OF DOLLARS 112 -3Q 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _L 1092. 3951. 2196. 945. 461. 1955. 648. -566. 387. 1166. 320. -615. -16. 41. 15. -40. 57. 558. 209. 104. 204. 231. 1003. 2062. 900. 3377. 2169. 1598. -284. 1573. 1061. 126. -27. 885. 643. -53. -53. 134. 50. 10. 944. 1402. 618. -110. 320. -617. -202. 1625. 955. 4777. 1174. 1766. -84. 1673. 1044. 191. 480. 1307. 764. 592. -93. 172. 33. 44. 220. 2234. 750. -60. 432. -609. -1418. 999. 2056. 2714. -515. 499. -523. 574. 541. -55. 908. 1242. -284. -275. 61. 28. 19. 37. 1094. 1317. 246. -84. 516. -447. -1036. 875. 3489. 3488. 1207. 1182. -203. 1828. 387. -710. 976. 1513. 189. -1272. 47. 101. 39. -66. 1901. 1975. 202. -572. 768. -1929. 389. 3802. 3541. 3566. 1633. 2579. 439. 2473. 1258. -877. -320. 1176. -23. -1774. -64. 71. 19. -86. -2. 996. -23. -540. 3488. -1149. 401. 5856. PERCENTAGE CHANGE FROM PREVIOUS QUARTER I 1 1 1977-Q1...| -Q2-.-I -Q3..., | -Q4.--I 3.3 7.4 4.3 2.4 | | | | 3.8 4.8 3.5 2.8 3.9 5.2 3.6 1.6 4.4 4.4 3.4 2.8 2.9 6.6 4.1 4.3 2.1 2.3 2.2 1.2 2.8 9.9 5.0 2.0 2.0 8.3 2-5 -2.2 3.2 9.3 2.3 -4.4 -4.4 11.6 3.9 -9.8 2.8 26.2 7.8 3.6 19.6 18.6 68.0 83.2 1978-Ql...| -Q2..« | -Q3..-I -Q4--.-1 2.6 5.7 4.0 2.8 | | | | 3.4 4.3 3.6 2.6 2.2 3.6 2.8 .6 3.6 4.0 3.5 3.0 4.1 5.5 4.2 3.8 3.1 3.8 4.9 1.4 1.9 7.0 4.2 3.0 -1.1 6.2 3.9 .4 -.2 6.6 4.5 -.4 -14.2 42.2 11.0 2.1 31.5 35.6 11.6 -1.8 7.0 -12.7 -4.8 40.2 1979-Q1...| -Q2..„.. | -Q3...| -Q4-— | 1 1980— Q1«... | -Q2...| — Q3. .*> | -Q4..„| 1 1981-Q1. — I -Q2---| -Q3— | -Q4.— I 3.3 7.2 3.0 2.9 | 1 I | 5.0 5.7 4.2 3.0 .4 1.5 .8 -1.6 4.8 5.5 4.3 4.6 4.1 5.1 3.3 2.7 17.1 15.0 10.3 2.9 1.7 8.5 1.9 2.8 -.3 6.0 3.5 .6 3.2 8.5 4.6 3.4 -18.2 41.1 5.7 7.0 3.8 36.8 9.0 -.7 7.6 -10.0 -25.8 24.5 4.0 4.3 .8 1.5 | | | | 4.9 4.5 2.5 2.4 -.4 -1.0 .6 .7 6.3 6.6 3.5 3.4 2.1 2.5 .6 1.0 10-3 5.3 3.8 2.0 3.2 4.1 -.8 .7 -1.7 1.9 1.7 -.2 5.0 6.6 -1.4 -1.4 9.2 3.8 2.5 4.8 12.2 13.0 2.2 -.7 10.2 -8.0 -20.2 21.3 4.2 4.2 2.2 1.7 | | | | 3.2 3.6 2.9 1.9 -1.0 -.3 -.3 -1.3 5.5 5.9 4.5 3.7 .8 -.2 .8 -.4 1.3 2.7 1.7 .0 5.1 4.8 1.6 1.5 -.6 5.8 1.2 -2.1 5.0 7.3 .9 -5.7 5.8 11.7 4.1 -6.6 16.4 14.7 1.3 -3.7 15.4 -33.6 10.2 90.4 3.2 3.2 1.5 1.7 | | | | 1.9 2.0 1.0 .2 .3 1.5 .8 -1.3 3.2 2.8 1.4 .7 -.6 -.1 -.5 -.8 .4 1.4 1.2 .6 4.5 4.4 1.9 3.0 1.3 7.4 3.5 -2.4 -1.5 5.7 -.1 -8.1 -6.8 8.1 2.1 -9.0 -.0 6.6 -.1 -3.4 43.6 -10.0 3.9 54.5 1982-Q1---| -Q2...I -Q3...I -Q4.... | 1 7 TABLE 112Q (CONTINUED) FARM DEBT OUTSTANDING AT REPORTING LENDING INSTITUTIONS END OF QUARTER 1 ( 1 1 1 TOTAL 1 1 | | 1 REAL ESTATE DEBT TO TA L INSURED COHHERCIAL BANKS FEDERAL LAND BANKS L IF E INSURANCE COMPANIES 112. 4Q N O N -R EAL-ESTATB DEBT 1 1 FARMERS | INSURED PRODUCTION FEDERAL FARMERS COHHODITI HONE | TOTAL COMMERCIAL CR ED IT INTERM EDI HOME CREDIT A D H IN IS -I BANKS AS S O CIA- ATE CR ED IT A D H IN IS - CORPOR■ X im < M l ____________________________ IIQ g S _________ BANKS TBA TIO N ATION CHANGE FROM PREVIOUS YEAR, MILLIONS OF DOLLARS 1977—Q i . . . -Q 2 ___ -Q 3 ... -Q 4 ... | | | | 10394. 12289. 13670. 13861. 462 9. 5247. 5584. 5677. 866. 999. 11031018. 2631. 278 7. 2891. 2942. 826 . 1136. 1294. 1419. 306. 3 25 . 296 . 2 98 . 5765. 7042. 8086. 8184. 3234. 3 47 3. 3388. 2498. 1466. 1743. 1748. 1258. 4. 21. 12. -0 . 242. 535. 700 . 9 28 . 819 . 1270. 2238. 3500. 1978— Q 1 ..» -Q 2 -— " Q 3 ... -Q 4 .— | | | | 13732. 13191. 13445. 114192. 5741. 5773. 6054. 6148. 925. 847. 811. 7 37 . 2903. 2940. 306 5. 320 2. 1568. 1575. 1643. 1659. 3 44 . 4 11. 535 . 5 50. 7 991. 7417. 7391. 8045. 1753. 1371. 1784. 2476. 844. 563. 885. 1447. -3 7 . 56. 91. 141. 1815. 2 659. 306 8. 285 4. 3616. 2 768. 1563. 1126. 1979-Q1— -Q 2 « ..» -Q 3 ... -Q 4 ™ | | | | 15245. 17683. 17288. 17902. 7 146. 8184. 8784. 9 230. 602. 439. 2 77 . 8 7. 361 7. 4 130. 4492. 5057. 1724. 1770. 1747. 1687. 1203. 1844. 2 268. 2399. 8099. 9499. 8504. 8671. 2676. 2776. 2 75 9. 2824. 1954. 2376. 2498. 3143. 101. 138. 122. 156. 2130. 2 963. 3095. 3 145. 1238. 1246. 30. -5 9 6 . 1 9 8 0 -Q U ... -Q 2 - - -Q 3 - — -Q 4 . . . | | | | 19380. 17146. 14809. 13400. 9 607. 9 436. 8787. 8646. 14. -1 9 2 . -2 0 7 . -8 . 5752. 6420. 6422. 6307. 15071264. 958. 763. 2 333. 1944. 1615. 1585. 9773. 7 710. 6021. 4754. 238 5. 1286. 7 83 . 537. 3572. 3507. 2459. 1592. 3 10 . 166. 151144. 4 019. 3 101. 2597. 2573. -5 1 2 . -3 5 0 . 32. -9 2 . 1 9 8 1 -Q 1 ... -Q 2 .... -Q 3 — -Q 4 — - | j 1 | 14156. 14650. 16820. 17374. 7 969. 7690. 8138. 8009. -5 4 . 3. -7 6 . -2 4 5 . 6426. 6599. 7 250. 7626. 613 . 2 77 . 3 06 . 131. 984 . 811. 6 58 . 498 . 6187. 6960. 8682. 9365. 857. 2111. 1957. 1302. 1659. 1930. 2404. 1406. 130. 203. 224. 121. 3380. 4038. 3 99 4. 3506. 160. -1 3 2 2 . 103. 3030. 1982-Q1— . -Q 2 . . . -Q 3 ..0 -Q 4 ... | | | | 16698. 15829. 14961. 15129. 728 1. 6333. 5040. 3 810. -1 3 8 . 11. 109. 113. 7044. 6035. 485 1. 362 4. -5 3 . -3 5 . -2 0 0 . -2 5 7 . 428. 3 22 . 2 79 . 3 30 . 9417. 9496. 9921. 11319. 1944. 2 589. 3460. 3 293. 110. -2 2 8 . -4 4 0 . -9 4 1 . 10. -2 0 . -4 0 . -6 0 . 1603. 624. 3 99 . 431. 5750. 6530. 654 2. 8596. 112.5Q PERCENTAGE CHANGE FROM PREVIOUS TEAR 1977—Q 1 ..« -Q 2 ... -Q 3 .-„ -Q 4 ... | j | j 1 5 .5 1 7 .3 1 8 .6 1 8 .4 1 4 .0 1 5.3 1 5 .8 1 5 .6 1 4 .2 1 5 .7 1 7 .0 1 5 .2 1 5.8 1 6.0 96.1 1 5.9 9 2 .2 1 6 .3 18.1 1 9 .2 8 .8 9 .2 8 .1 8 .1 1 6.9 19.1 2 1 .3 2 1 .0 1 5.8 1 5.7 1 4.8 1 0 .8 1 3.2 1 4 .5 1 4 .2 1 0.3 1 -2 5 .6 3 .0 -.1 1 2.8 2 4 .9 3 1 .9 4 4 .8 1 92 .7 6 1 9 .5 9 3 2 .5 3 3 6 .5 1 9 7 8 -Q 1 ... -Q 2 — -Q 3 ... -Q 4 ... | I i 1 1 7 .7 1 5 .8 1 5 .5 1 5 .9 1 5.2 1 4 .6 1 4 .8 1 4 .6 1 3.3 1 1 .5 1 0.7 9 .5 1 5.0 1 4 .6 1 4.7 1 4.9 2 0 .6 1 9.4 1 9 .4 1 8 .8 9 .1 10.7 13.6 13.8 2 0 .0 1 6.9 1 6.0 17.1 7 .4 5 .4 6 .8 9 .6 6 .7 4 .1 6 .3 1 0.8 - 1 0 .4 1 4.2 22.1 3 8 .2 8 5 .3 9 9 .0 1 06 .0 9 5 .2 2 9 0 .7 187 .7 6 3.1 2 4 .8 1 9 7 9 -Q 1 ... -Q 2 .--Q 3 ------Q 4 ... | | | | 1 6 .7 1 8 .3 1 7 .2 1 7 .3 1 6 .5 18.1 1 8 .7 1 9 .2 7 .6 5 .4 3 .3 1 .0 1 6.3 1 7.9 1 8.8 2 0 .5 1 8 .8 1 8 .3 1 7.3 9 6.9 2 9 .3 4 3 .3 5 0 .7 5 2 .9 1 6 .9 1 8.5 1 5 .9 1 5-7 1 0 .5 1 0.3 9 .8 1 0.0 14.6 16.6 1 6.7 2 1.1 3 1 .7 3 0 .7 2 4 .4 3 0 .4 5 4 .0 5 5 .4 5 1 .9 5 3 .7 2 5 .5 2 9 .4 .7 - 1 0 .5 1980— Q1«..«. -Q 2 ... -Q 3 ..... -Q 4 « — | | | | 1 8 .2 1 5 .0 1 2 .6 11.1 1 9 .0 1 7 .7 1 5.8 15.1 .2 -2 .2 -2 .4 -.1 2 2 .3 2 3 .6 2 2 .6 2 1 .2 1 3 .8 1 1 .0 8 .1 6 .3 4 3 .9 3 1 .8 2 4 .0 2 2 .9 1 7.4 1 2.7 9 .7 7 .5 8 .5 4 .3 2 .5 1 .7 2 3 .2 2 1 .0 14.1 8 .8 74.1 28.1 2 4 .3 2 1 .7 6 6 .2 3 7 .3 2 8 .7 2 8 .6 -8 .4 -6 .4 .8 -1 .8 1 9 8 1 -Q 1 ... | -Q 2 -..~ | -Q 3 — - | | 1 1 .2 11.1 1 2 .7 1 2 .9 1 3 .2 1 2 .2 1 2 .6 12.1 -.6 .0 -.9 -2 .9 2 0 .3 1 9.6 2 0 .8 2 1 .2 4 .9 2 .2 2 .4 1 .0 1 2.9 10.1 7 .9 5 .8 9 .4 1 0.2 1 2.8 1 3.7 2 .8 6 .8 6 .2 4 .1 8 .8 9 .6 12.1 7 .2 17.9 2 6.9 2 9 .0 14.9 3 3 .5 3 5 .4 3 4 .3 3 0 .3 2 .9 - 2 5 .7 2 .5 6 0 .9 1982—Q 1 „ .« —Q 2 . . , -Q 3 -. -Q 4 » « « 1 1.9 1 0 .8 1 0 .0 1 0 .0 1 0 .7 9 .0 6 .9 5 .1 -1 .6 .1 1 .3 1 .4 1 8 .5 1 5.0 1 1.5 8 .3 -.4 -.3 -1 .5 -2 .0 5 .0 3 .6 3 .1 * 3 .7 13.1 1 2.6 12.9 1 4.5 6 .2 7 .8 10.3 10.0 .5 -1 .0 -2 .0 -4 .5 1 .2 -2 .1 -4 .0 -6 .4 11.9 4 .0 2 .5 2 .9 100.1 171.1 155.5 107 .3 | | | | 112.6Q 1 9 7 6 -Q 4 ... | I I j j 1 9 7 7 -Q 1 - — —Q2~. « -Q 3 — « -Q 4 .~ ****** ****** ****** ****** 2 ***** * 2 1 j j j | i | i 1978— Q 1 » .. j ****** j ****** j -Q 3 „ .« 2 * * * * * * 2 -Q 4 ------ 2 * * * * * * i i | 1979— Q 1 ..». i ****** 2 -Q 2 ... 2 * * * * * * | -Q 3 ..... 2 * * * * * * 2 -Q 4 ... 2 * * * * * * i i | 1 9 8 0 -Q 1 ... j ****** -Q 2 .„ .. 2 * * * * * * j - Q 3 . . . j ****** -Q 4 ___ 2 * * * * * * i i j 1 9 8 1-Q 1 - — j ****** 2 -Q 2 ... 2 * * * * * * 2 -Q 3 ..... 2 * * * * * * | —Q 4 .. . i ****** 1 1 | 1982—Q 1 .»«. i ****** | -Q 2 .,..» i ****** j — Q 3 «. . i ****** 2 -Q 4 — 2 * * * * * * j ____________ i 2 2 2 lPERCENTAGE OF TO TA L S P E C IF IE D DEBT 1 00 .0 1 8 .5 5 1 .0 2 0 .4 1 0 .2 100.0 5 9 .7 3 1 .4 1 .0 5 .3 2 .7 1 00 .0 1 00 .0 1 00 .0 1 00 .0 1 8 .5 1 8 .6 1 8.6 1 8 .4 5 9 .3 5 1.1 5 1 .1 5 1.1 2 0 .2 2 0 .5 2 0 .7 2 1 .0 10.0 9 .8 9 .6 9 .5 100 .0 100 .0 100.0 100.0 5 9 .2 5 8 .3 5 7 .0 5 4 .6 3 1 .5 3 1 .3 3 0 .5 2 8 .6 .9 .9 -9 .8 5 .3 6 .1 6 .3 6 .4 3 -1 3 .4 5 .4 9 .6 1 00 .0 1 00 .0 100 .0 100.0 1 8.2 18.1 1 7 .9 17.6 5 1 .2 5 1.1 5 1 .0 5 1 -2 2 1 .1 2 1 .4 2 1 .5 2 1 .8 9 .5 9 .4 9 .5 9 .4 100.0 100.0 100.0 100.0 5 3 .0 5 2 .6 5 2 .4 5 1 .1 2 8 .0 2 7 .9 2 7 .9 2 7 .0 .7 .9 .9 .9 8 .2 1 0.4 11.1 1 0.6 10.1 8 .3 7 .6 1 0.3 1 00 .0 100.0 100.0 100 .0 16.8 16.1 1 5.6 1 4 .9 5 1.1 5 1 .0 5 1 .0 5 1 .8 2 1 .6 2 1 .4 2 1 .3 2 1 .2 1 0.5 1 1.4 12-1 12.1 100.0 100 .0 100.0 100.0 5 0.1 4 8 .9 4 9 .7 4 8 .6 2 7 .4 2 7 .4 2 8.1 2 8 .3 .7 1 .0 1 .0 1 .0 1 0.8 1 3.7 1 4.6 14.1 1 0.9 9 .0 6 .6 7 .9 100 .0 1 00 .0 100.0 1 00 .0 1 4 .2 1 3 .4 1 3 .2 1 2.9 5 2 .5 5 3 .6 5 4 .0 5 4 .6 2 0 .6 2 0 .2 1 9 .8 1 9.6 1 2.7 1 2.8 1 3 .0 1 2.9 100.0 100.0 100.0 100.0 4 6 .3 4 5 .3 4 6 .4 46.. 0 2 8 .8 2 9 .5 2 9 .3 2 8 .7 1.1 1.1 1.1 1 .2 1 5.3 1 6.6 17.1 1 6-9 8 .5 7 .5 6 .0 7 .3 100.0 100 .0 100 .0 100 .0 1 2.4 1 2.0 1 1 .6 1 1 .2 5 5 .8 5 7.1 5 8 .0 5 9 .0 19.1 1 8 .4 1 8 .0 1 7 .6 1 2.7 12.6 12.4 1 2.2 100.0 100.0 100.0 100.0 4 3 .5 4 3 .9 4 3 .7 4 2 .2 2 8 .6 2 9 .3 2 9.1 2 7 .0 1 .2 1 .3 1 .3 1 .2 1 8.7 2 0 .5 2 0 .4 19.4 8 .0 5 .1 5 .5 1 0.3 100 .0 1 00 .0 100 .0 1 00 .0 1 1 .0 1 1 .0 1 1.0 1 0 .8 5 9 .8 6 0 .2 6 0 .5 6 0 .7 1 7 .2 1 6 .9 1 6 .6 1 6 .4 1 2.0 1 1.9 1 2.0 12.0 100 .0 100 .0 4 0 .9 4 2.1 4 2 .7 4 0 .5 2 5 .4 2 5 .8 2 5 .2 2 2 .5 1.1 1 .1 1.1 1 .0 1 8.5 18.9 1 8.5 1 7.4 14.1 1 2.2 1 2.4 1 8.6 jo o . o 1 00 .0 200 FARH LBNDING OPERATIONS AND BIPERIENCE OF NOEBAHK INSTITUTIONS 210 PRODUCTION CR ED IT ASSOCIATIONS 211 LOANS OUTSTANDING 2 1 1 . IQ 2 1 1 .2Q 212 ACTUAL..................................................................................................... ...1 1 SEASONALLY ADJOSTED ANNUAL RATE............................... ..1 2 FOUR-QUARTER HOVING TO TA L.............................................................................................. 13 RENEHALS AND COLLECTIONS 2 13 . 1Q 2 1 3 .2 Q 2 1 3 .3 Q 220 ACTUAL............................................................................................................................................9 SEASONALLY ADJUSTED............................... 10 LOANS HADE AND HEN LOANS 2 1 2 .1 Q 2 12 - 2Q 2 12 .3Q 213 (AGRICULTURAL LOANS, EXCEPT AS NOTED) (S EE NOTE BBL08) A C TU A L........................................................................................................................................ 14 SEASONALLY ADJUSTED ANNUAL BATE....................................................................... . . . 1 5 FOUR-QUARTER ROVING T O T A L . . . . . . . ............................................................................. 16 FEDERAL LAND BANKS (AGRICULTURAL LOANS) 221 LOANS OUTSTANDING 2 21 . 1Q 2 2 1 .2Q 222 LOANS CLOSED 2 2 2 . IQ 2 22 .2Q 2 2 2 .3Q 223 A C T U A L .............. ....2 2 SEASONALLY ADJUSTED ANNUAL BATE............................................................................... 23 FOUR-QUARTER HOVING T O T A L . . ......................................................................................... 24 REFINANCING AND BEPAYHENTS 2 24 . 1Q 2 2 4 .2Q 2 24 .3Q 230 ACTUAL..........................................................................................................................................19 SEASONALLY ADJUSTED ANNUALR A T E . . . . ..................................................................... . 2 0 POOR— QUABTBR BOVING T O TA L ....................................... 21 LOANS CLOSED AND HEN HONEY LOANED 2 2 3 . IQ 2 2 3 .2Q 2 2 3 .3Q 224 A C T U A L . . . . ................................... 17 SEASONALLY ADJUSTED................................................................................................ . . . . 1 8 ACTUAL................................................................................- ...................................................... 25 SEASONALLY ADJUSTED ANNUAL BATE.............. 26 FOUB-QUABTBB HOVING TO TA L..............................................................................................27 L IF E INSURANCE COHPANIES 231 FABH HOBIGAGES OUTSTANDING AND ACQUIBED 2 3 1 . 1Q 2 3 1 .2 Q 2 3 1 .3Q 232 A C T U A L . . . . ............... 28 SEASONALLY ADJUSTED.......................................................................................................... 29 FOUR—QUARTER HOVING TO TA L (HOHTGAGES ACQUIRED O N L Y ).............................. . . 3 0 FABH HORTGAGE COHHITHENTS— OUTSTANDING AND NEB 2 3 2 . 1Q 2 3 2 . 2Q 2 3 2 .3Q SOURCES: ACTUAL........................... 31 SEASONALLY ADJUSTED................................. ...................................................................... 32 FOUR-QUARTER HOVING TOTAL (NEB COHHITHENTS O N L Y )......................................... 33 "PRODUCTION CREDIT ASSOCIATIONS— SELECTED HONTHLY LOAN D A T A ,N SUPERVISORY D IV IS IO N , FABH CR ED IT A D H IN IS TR A TIO H ; "FEDERAL LAND BANKS— SUHHARY OF SELECTED HONTHLY LOAN D A T A ," TECHNICAL SERVICES D IV IS IO N , FABH CR ED IT A D H IN IS TR A TIO N ; "D IS T R IB U T IO N OF INVBSTHENTS OF U .S . L I F E INSURANCE CO H P AN IES," AND "FORBARD INVESTBENT COHHITHENTS OF REPORTING L IF E INSURANCE CO H P A N IES ," AH ERICAH COUNCIL OF L IF E INSURANCE. DATA IN T H IS SECTIO N ABE OBTAINBD FROH T IH E L Y HONTHLY REPORTS, HOST OF BHICH ARE NOT REVISED TO R EFLECT LATER CHANGES OR CORRECTIONS. I F ONLY YEAR-END DATA ON OUTSTANDING LOAN VOLUHB ARE REQUIRED, USE THE SERIES IN TABLBS 111A AND 112A. ALSO, SEE NOTES ON PAGE 2 . FOR PRODUCTION CR ED IT AS SO CIATIO N S, DATA ON LOANS OUTSTANDING AND LOANS HADE DO NOT INCLUDE RURAL HOHE LOANS, FARH-RELATED BUSINESS LOANS, OR AQUATIC LOANS. DATA ON COLLECTIONS AND RENEHALS DO INCLUDE THESE LOANS; HOBEVER, THESE TYPES OF LOANS REPRESENTED ONLY 3 .0 PERCENT OF TOTAL OUTSTANDING LOANS AT PRODUCTION CR ED IT ASSOCIATIONS AS OF DECEHBER 1982. 9 TABLE 211-1C PRODUCTION CBEDIT ASSOCIATIONS LOANS OUTSTANDING END OF QUABTEK NOHBER OF BORROWERS AVERAGE SIZE | | AMOUNT 1 1 ......... . ....... 1.. 1 | BILLIONS OF DOLLARS PERCENTAGE CHANGE 1 PERCENTAGE | 1 PERCENTAGE CHANGE FBOH PREVIOUS 1 FROM PREVIOUS | CHANGE 1 -........... 1 f THOUSANDSI | END OF | CHANGE FBOH PREVIOUS FROM 1 DOLLARS 1 QUARTER 1 TEAR | PREVIOUS QUARTER TEAR | 1 QUARTER 1 1 QUARTER TEAR _1_ _______________ IIAR____ _______________ _____ 1— ____ 1— I962-Q1.... -Q2---Q3____ -Q4--- .1 .| -| .1 1773. 1994. 1982. 1855. 121. 222. -13. -127. 151. 181. 175203. 7.3 12.5 -0.6 -6.4 9.3 10.0 9.7 12.3 1963-Q1---Q2---Q3.~. -Q4---- .1 .| .| .| 2031. 2300. 2298. 2123. 176. 270. -2. -175. 258. 306. 316. 268. 9.5 13.3 -0.1 -7.6 14.5 15.3 16.0 14.5 1964-Q1___ -Q2---Q3---Q4---- .| .| .| .| 2278. 2533. 2514. 2296. 154. 255. -19. -217. 247. 232. 215. 173. 7.3 11.2 -0.8 -8.6 12.2 10.1 9.4 8.1 1965-Q1____ -Q2---Q3----Q4--- .| .| .| .| 2446. 2743. 2753. 2598. 150. 297. 10-154. 169. 210. 239. 302. 6.5 12.1 0.3 -5.6 7.4 8.3 9.5 13.2 1966-Q1___ .| -Q2--- .1 - Q3 ... . -Q4--- . | 2806. 3146. 3139. 3042. 207. 341-8. -97. 359. 403. 3 86. 444. 8.0 12.1 -0.2 -3.1 14.7 14.7 14.0 17.1 1967-Q1... - . | -Q2--- . | -Q3---- .| -Q4---- .1 3292. 3652. 3608. 3551. 250. 359. -44. -57. 487. 505469. 509. 8.2 10.9 -1.2 -1.6 17.3 16.1 14.9 16.7 1968-Q1___ .| -Q2---- . | -Q3-... .| -Q4— - | 3777. 4097. 3983. 3861. 226. 320. -114-122. 485. 445. 375. 310. 6.4 8.5 -2.8 -3. 1 14.7 12.2 10.4 8.7 1969-Q1___ -Q2---- . | - Q 3 --- -I -Q4---- -1 4147. 4569. 45104533. 286. 422. -59. 23. 370. 472. 527. 672. 7.4 10.2 -1.3 0.5 9.8 11.5 13.2 17.4 1970-Q1____ -| -Q 2--- .| -Q3---- .| -Q4--- .| 4910. 5359. 5257. 5334. 377. 449. -101.. 77. 763. 790. 747. 801. 8.3 9. 1 -1.9 1.5 18.4 17.3 16.6 17.7 1971-Q1— .. .1 -Q2---- -| -Q3---- .| -Q4«— , .1 5759. 62736191. 6116. 425. 514-83. -75. 849. 914. 933. 781. 8.0 8.9 -1.3 -1.2 17.3 17.1 17.7 14.6 1972-Q1......„ | -Q2---- .] -Q3---- . | -Q4---- . | 6433. 6832. 6634. 6635. 318. 399. -1981. 674. 559. 444. 519. 5.2 6.2 -2.9 0.0 11.7 8.9 7.2 8.5 1973-Q1____ .] “ Q2---- .| -Q3---- . | -Q4---- . | 6964. 7498. 7683. 7853. 329. 534. 185. 171. 530. 666. 1048. 1218. 5.0 7.7 2.5 2.2 8.2 9-7 15.8 18.4 1974-Q1_____„| -Q2---- .| - Q 3 ---- -| -Q4---- -| 8206. 9091. 9432. 9502. 352. 885. 341. 70- 1242. 1593. 1749. 1649. 4-5 10.8 3.8 0.7 17.8 21.2 22.8 21.0 1975-Q1____ -| -Q2---- .| -Q3---- ,.| -Q4--- .| 10011. 10703. 10737. 10742. 509692. 344. 1805. 1612. 13051240. 5.4 6.9 0.3 0.0 22.0 17.7 13.8 13.0 1976-Q1___ .| -Q2---- .| -Q3---- .1 ~Q4.... .| 11117. 12006. 12321. 12196. 376. 888. 316. -125. 1106. 1303. 1584. 1455. 3.5 8.0 2.6 -1.0 11.0 12.2 14.8 13.5 1977-Q1____ . | -Q2— .. .| -Q3--- .| - Q 4 --- .| 12583. 13749. 14069. 13454. 3871166. 320-615. 1466. 1743. 1748. 1258. 3-2 9.3 2.3 -4. 4 13.2 14.5 14.2 10.3 1978-Q1___ .| -Q2... . | - Q 3 --- Q 4 --- .| 13427. 14312. 14955. 14901. -27. 885. 643. -53. 844. 563. 885. 1447. -0.2 6.6 4.5 -0.4 6.7 4.1 6.3 10.8 1979-Q1.__ .| -Q2---- .| -Q 3 --- .1 - Q 4 --- .| 15381. 16688. 17452. 18045. 480. 1307764. 592. 1954. 2376. 2498. 3143. 3.2 8.5 4.6 3.4 14.6 16.6 16.7 21. 1 1980-Q1___ .| -Q2 ... .| -Q 3____ -Q 4--- .| 18953. 20195. 19911. 19636. 908. 1242. -284. -275. 3572. 3507. 2459. 1592. 5.0 6.6 -1.4 -1.4 23.2 21.0 14.1 8.8 1981-Q1___ .| - Q 2--- .| -Q3--- .| -Q4---- ..| 20612. 22126. 22315. 21042. 976. 1513189. -1272- 1659. 1930. 2404. 1406. 5.0 7.3 0.9 -5.7 8.8 9.6 12. 1 7.2 1982-Q1. ...-.| - Q2 - .- - .| -Q3--- .| -Q4--- .| 20722. 21898. 21875. 20101. -320. 1176. -23. -1774. 110. -228. -440. -941. -1.5 5.7 -0.1 -8. 1 0.5 -1.0 -2.0 -4.5 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 » 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 f 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 281.7 298.7 288.8 269.0 7.8 6.0 -3.3 -6.9 0.5 0.9 1.1 2.9 290.8 308.0 300.8 281.5 8.1 5.9 -2.3 -6.4 3.2 3.1 4.2 4.7 299.3 313.6 308.1 288.2 6.3 4.8 -1.8 -6.4 3.0 1.8 2.4 2.4 301.7 315.8 310.2 293.8 4.7 4.6 -1.8 -5.3 0.8 0.7 0.7 1.9 305.9 319.5 315.3 299.4 4.1 4.4 -1.3 -5.0 1.4 1.2 1.6 1.9 310.6 322.8 319.3 306.5 3.7 3.9 -1.1 -4.0 1.5 1.0 1.3 2.4 315.3 323.6 318.0 303-9 2.9 2.6 -1.7 -4.4 1.5 0.3 -0.4 -0.8 312.0 320.1 313.3 301.2 2.6 2.6 -2.1 -3.9 -1.1 -1.1 -1.5 -0.9 308.1 314.1 309.3 298.2 2.3 1.9 -1.5 -3.6 -1.2 -1.9 -1.3 -1.0 307.4 316. 1 313.6 303.8 3.1 2.8 -0.8 -3.1 -0.2 0.7 1.4 1.9 311.9 319.9 316.3 308.7 2.6 2.6 -1.1 -2.4 1.5 1.2 0.8 1.6 314.7 321.2 319.9 311.9 2.0 2.1 -0.4 -2.5 0.9 0.4 1.2 1.0 318.9 329.3 330.6 323.8 2.3 3.3 0.4 -2.0 1.3 2.5 3.3 3.8 333.6 338.5 336.6 328.7 3.0 1.5 -0.6 -2.3 4.6 2.8 1.8 1.5 334.3 342.0 341.9 335-6 1.7 2.3 -0.0 -1.8 0.2 1.0 1.6 2.1 341.7 350.4 350.6 342.8 1.8 2.6 0.0 -2.2 2.2 2.5 2.5 2-1 343.7 349.3 350.8 353.4 0.3 1.6 0.4 0.7 0.6 -0.3 0.1 3.1 350.0 358.5 360.0 358.0 -1.0 2.4 0.4 -0.5 1.8 2.6 2.6 1.3 365. 1 373.6 370.3 364.8 2.0 2.3 -0.9 -1.5 4.3 4.2 2.9 1.9 373.8 382.8 381.5 371.9 2.5 2.4 -0.3 -2.5 2.4 2.4 3.0 1.9 370.1 373.4 369.8 373.6 -0.5 0.9 -1.0 1.0 -1.0 -2.4 -3.1 0.4 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 f 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 6292. 6677. 6861. 6897. 8.8 9.0 8.5 9.1 6984. 7469. 7640. 7542. 11.0 11.9 11.3 9.4 7609. 8077. 8159. 7966. 8.9 8.1 6.8 5.6 8107. 8687. 88758844. 6.6 7.6 8.8 11.0 9170. 9847. 9956. 10161. 13. 1 13.4 12.2 14.9 10600. 11313. 11300. 11587. 15.6 14.9 13.5 14.0 11980. 12660. 12525. 12704. 13.0 11.9 10.8 9.6 13293. 14275. 14396. 15050. 11.0 12.8 14.9 18.5 15935. 17062. 17000. 17891. 19.9 19.5 18.1 18.9 18734. 19843. 19737. 20128. 17.6 16.3 16.1 12.5 20628. 21359. 20977. 21496. 10.1 7.6 6.3 6.8 22127. 23340. 24014. 25180. 7.3 9.3 14.5 17. 1 25731. 27605. 28531. 29344. 16.3 18.3 18.8 16.5 30010. 31618. 31902. 32682. 16.6 14.5 11.8 11.4 33250. 35106. 36036. 36338. 10.8 11.0 13.0 11.2 36828. 39233. 40130. 39253. 10.8 11.8 11.4 8.0 39067. 40971. 42625. 42162- 6. 1 4.4 6-2 7.4 43945. 46544. 48482. 50399. 12.5 13.6 13.7 19.5 51905. 54049. 5376653822. 18.1 16. 1 10.9 6.8 55144. 57800. 58498. 56577. .6.2 6.9 8.8 5.1 55997. 58636. 59154. 53805. 1.5 1.4 1.1 -4.9 10 TABLE 211.2Q END OF QUARTER PRODUCTION CREDIT ASSOCIATIONS LOANS OUTSTANDING SEASONALLY—ADJUSTED DATA AMOUNT I I PERCENTAGE CHANGE | B IL L IO N S OF DOLLARS | FROH P R EV IO U S 1 1 1 1| CHANGE FROH P R E V IO U S ! | END OF |1 . 1 QUARTER YEAR | QUARTER YEAR | QUARTER || - 1 ______________ 1___ CSAARj___________________ L_ - I S AAR)_______ 1 1962-Q1.....| -Q2..... 1 -Q 3 „ --- 1 -Q4„----1 1814. 1863. 19171992. 148. 204227. 318- 155. 171. 174. 214. 8.3 11.3 12.2 16.6 9.3 10.1 10.0 12.0 1963-Q1.....| -Q2..... | “ Q3..... | -Q4.....| 2076215222312272- 356. 324333168.. 262. 289. 314. 280. 17.9 15.6 15.5 7.5 14.4 15.5 16.4 14.0 1964-Q1.....| -Q2.„....| -Q3-----1 -Q4.....| 23252375. 24512447. 220205. 319-15. 249222. 220. 175. 9-7 8.8 13.4 -0.6 12-0 10.3 9.8 7.7 1965-Q1_____ | -Q2..„..i - Q 3 .....| -Q 4 .....| 2493. 25782698. 2758- 188. 361512. 251- 168. 204. 247. 311- 7.7 14.5 19.8 9.3 7.2 8.6 10.1 12.7 1966-Ql...___| - Q 2 .....j -Q3..~.~| -Q4..... | 2851.. 2966. 3094. 3216. 391487. 546517. 359. 387. 396. 457. 14.2 17. 1 18.4 16.7 14.4 15.0 14.7 16.6 1967-Q1_____J - Q 2 .....1 — Q3... ... | - Q 4 --- »J 33353452. 3576. 3737. 503. 497520. 689. 483. 467. 482. 521. 15-7 14.9 15-1 19.3 17.0 16.4 15-6 16.2 1968-Q1.....| — Q2. ... .. j - Q 3 .....| - Q 4 .....| 3812. 3885. 3966. 4043. 312. 300. 334. 318- 478. 433. 391. 307. 8.4 7-9 8.6 8.0 14.3 12.5 10.9 8.2 1969-Q1.....| -Q2.....1 "Q3.....| -Q4.....1 4171. 4346. 45044724. 537. 741. 670. 944- 359. 460. 538. 680. 13.3 17.8 15-4 21.0 9.4 11.8 13.6 16.8 1970-Q1___ „| -Q2..„..| - Q 3 --- ..| -Q4----..| 4927. 511152535529- 869. 779592. 1192. 756. 766. 749. 805. 18.4 15.8 11.6 22.7 18.1 17.6 16.6 17.1 1971-Q1.... ... | - Q 2 .....| -Q3..... | - Q 4 -----1 5775. 6002. 6175. 6307. 1049. 967. 722. 542. 847. 891. 922. 777. 19.0 16.7 12.0 8.8 17.2 17.4 17.5 14.1 1972-Q1..... | -Q2.....| -Q3..---I - Q 4 .....1 6455. 6559. 65976811. 616. 425. 153. 898. 681. 556. 421. 504. 9.8 6.6 2.3 13.6 11.6 9.3 6.8 8.0 1973-Q1.....J -Q2.....| - Q 3 .....| -Q4----- 1 7003. 7223. 7609. 8031- 803. 921. 1673. 1835. 548. 664. 1012. 1221. 11.8 13.2 23.2 24.1 8.5 10.1 15.3 17.9 1974— Ql___ «| -Q2--- ..| -Q3.....| -Q 4.....| 8279. 8787. 93019691. 1037. 2228. 2245. 1659. 1276. 1564. 1692. 1660. 12.9 26.9 25.6 17.8 18.2 21.7 22.2 20.7 1975-Q1..... | -Q2..--- 1 -Q3.....| -Q4 1 1976— Ql. ..... | -Q2.....| -Q3_____ | ~Q 4 ..... | 10138. 10378. 10547. 10937- 1914. 995695. 1650. 1859. 1591. 1246. 1247. 19.8 9.8 6.7 15-6 22.5 18. 1 13.4 12-9 1129a. 11668. 12071. 12407. 1482. 15881696. 1401. 1153. 1290. 1524. 1469. 13.6 14.1 14.5 11.6 11.4 12.4 14.4 13.4 1977-Q1.....| -Q2..... | — Q3.....| -Q4.....| 1 1978-Q1_____| -Q2----- 1 -Q3.....| - Q 4 .....| ! 1979-Q1___ .| -Q2.....| -Q3----- 1 -Q4.....J 12802. 133781376613683. 1659. 2466. 1619. -330. 1512. 1710. 1695. 1276. 13.4 19-3 12. 1 -2.4 13.4 14.7 14.0 10.3 13667. 13931. 14631. 15161- -63. 1086. 3020. 2239- 865. 552. 865. 1479. -0.5 7.9 21.7 15-3 6.8 4. 1 6.3 10.8 15653. 16239. 1708618386. 2065. 2480. 3663. 5822. 1986. 2308. 2455. 3225. 13.6 15.8 22.6 34.1 14.5 16.6 16.8 21.3 1980-Q1.....| — Q2..... | -Q3.....| -Q4.....| 19264. 196351951020013.. 3770. 1530-496. 2090. 3611. 3396. 2424. 1627. 20.5 7.9 -2.5 10-7 23.1 20.9 14.2 8.8 1981— Ql..... | - Q 2 -----1 -Q3-----| - Q 4 .....| I 1982-Q1.--.-I -Q2-----1 - Q 3 .....| -Q4..... | ________L_ 20948. 21500. 21885. 21466. 4012. 2296. 1581. -1627. 1684. 1865. 2374. 1453. 20.0 11.0 7.4 -7.4 8.7 9.5 12.2 7.3 21048. 2126621467. 20527- -1625. 885819-3523- 100. -234. -417. -939. -7.6 4.2 3.8 -16.4 0.5 -1.1 -1.9 -4.4 | NUMBER OF BORROWERS 1 1 1 | PERCENTAGE CHANGE | 1 FROM PR EV IO U S | 1 1 1 THOUSANDS1 __ _ 1 1 1 | QUARTER YEAR | 1 j_ _______ 1__ - i S A A R l __________________ L I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 | 281.4 284.1 285.1 285.9 3.8 3.9 1.4 1.1 0.5 1.2 1.1 2.6 290.5 294. 2 296.9 297.8 6.6 5.2 3.7 1.2 3.2 3.5 4.1 4.1 299.4 300.8 304.0 303.2 2-2 2.0 4.3 -1.1 3.0 2.3 2.4 1.8 302.1 304.2 306.2 307.4 -1.4 2.8 2.6 1.6 0.9 1.1 0.7 1.4 306.6 309.1 311.5 311.7 -1.1 3.3 3.3 0.2 1.5 1.6 1.7 1.4 311.3 313.3 315.9 317.7 -0.5 2.5 3.4 2.3 1.6 1.4 1.4 1.9 316.1 315.0 315.0 314.0 -2.0 -1.4 0.1 -1.3 1.5 0.6 -0.3 -1.2 312.7 312.3 310.7 310.3 -1.7 -0.5 -2.0 -0.5 -1.1 -0.9 -1.4 -1.2 308.7 307.0 306.8 306.3 -2.0 -2.2 -0.2 -0.7 -1.3 -1.7 -1.2 -1.3 307.9 309.5 311.2 311.3 2.1 2.1 2.2 0.2 -0.3 0.8 1.4 1*6 312.3 313.6 313.7 315.5 1.2 1.7 0.1 2.4 1.4 1.3 0.8 1.4 315.1 315.4 317.3 318.2 -0.5 0.4 2.4 1.1 0.9 0.6 1.1 0.8 319.4 323.9 327.8 329.7 1.6 5.7 4.9 2.3 1.4 2.7 3.3 3.6 334.3 333.4 333.8 334. 1 5.7 -1. 1 0.4 0.4 4.7 2.9 1.8 1.3 335.3 337.3 339.1 340.7 1.5 2.3 2.2 1.9 0.3 1.1 1.6 2.0 342.9 345.9 347.8 347.6 2.6 3.5 2.3 -0.2 2.3 2.6 2.6 2.0 345.1 344.9 348.2 358.3 -2.9 -0.2 4.0 12.1 0.6 -0.3 0.1 3.1 351.5 354.0 357.5 363.1 -7.4 2.9 4.0 6.4 1.9 2.6 2.7 1.3 366.5 368.8 367.9 369.8 3.9 2.5 -1.0 2.1 4.3 4.2 2.9 1.8 375.5 377.9 379.1 377.0 6.3 2.6 1.3 -2.1 2.4 2.5 3.0 2.0 371.7 368.6 367.6 378.9 -5.6 -3.2 -1.1 12.9 -1.0 -2.5 -3.0 0.5 I I I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 f 1 1 1 1 1 _1_ AVERAGE S I Z E DOLLARS PERCENTAGE CHANGE FROH P R EV IO U S YEAR 6447. 6557. 6724. 6967. 8.8 8.8 8.8 9.2 7145. 7316. 7515. 7630. 10.8 11.6 11.8 9.5 7767. 7893. 8061. 8071. 8.7 7.9 7.3 5.8 8250. 8475. 8810. 8972. 6.2 7.4 9.3 11.2 9300. 9596. 9930. 10316. 12.7 13.2 12.7 15.0 10710. 11020. 11319. 11760. 15.2 14.8 14.0 14.0 12061. 12334. 12589. 12876- 12.6 11.9 11.2 9.5 13342. 13916. 14499. 15223. 10.6 12.8 15.2 18.2 15962. 16651. 17123. 18051. 19.6 19.7 18.1 18.6 18757. 19395. 19845. 20257. 17.5 16.5 15.9 12.2 20672. 20914. 21028. 21584. 10.2 7.8 6.0 6.5 22223. 22897. 23980. 25242. 7.5 9.5 14.0 16.9 25919. 27130. 28373. 29392. 16.6 18.5 18.3 16.4 30324. 31125. 31600. 32739. 17.0 14.7 11.4 11.4 33672. 34597. 35594. 36412. 11.0 11.2 12.6 11.2 37335. 38682. 39575. 39360. 10.9 11.8 11.2 8.1 39606. 40394. 42015. 42314. 6. 1 4.4 6.2 7.5 44531. 45874. 47791. 50639. 12.4 13.6 13.7 19.7 52555. 53239. 53032. 54122. 18.0 16.1 11.0 6.9 55794. 56897. 57733. 56936. 6.2 6.9 8.9 5.2 56632. 57692. 58401. 54173. 1.5 1.4 1.2 -4.9 11 TABLE 2 1 2 .1 Q PRODUCTION CREDIT ASSOCIATIONS LOANS HADE AND NEV LOANS LOANS MADE QOARTER MILLIONS | PERCENTAGE CHANGE MILLIONS AS PERCENTAGE OF I OF 1 FROM PREVIOUS OF l_ | DOLLARS _| LOANS OUT- COLLECDOLLARS 1 .QUARTER YEAR 1 STANDING* TIONS 1 1 1962-Q1.....| 866. 4.3 8.3 52. 198559. 1 763. -Q2.....1 -11.8 12.6 43. 217. 574. 1 631. -17.3 12.3 32. 124. -Q3..... 1 498. 1 957. 51.6 15.3 48. 119. 681. -Q*.....1 1 1 1963-Q1.....| 968. 1.2 11.8 213. 52. 629. 1 "Q2.....| 866. -10.6 13.4 43. 226. 650. 1 -Q3..... | 697. -19.5 10.3 127. 30. 547. 1 1020. 46.5 6.6 44. 118. 691. -Q4..... 1 1 1 1964-Q1_____| 1062. 4.1 9.7 50. 207. 669. 1 -Q2.....| 892. -16.1 3.0 39. 222. 658. 1 536. -Q3..... | 699. -21.6 0.3 28. 126. 1 1053. 50.7 3.2 42. 117. 687. - Q 4 .... 1 1 1 1965-Q1.....| 1114. 5.8 4.8 48. 209. 683. 1 -Q2..... J 737. 986. -11.5 10.5 40. 224. 1 626. - Q 3 .....i 796. -19.2 14.0 29. 129. 1 17.. 8 1240. 55-8 45. 125. 842. -Q4.....1 1 1 1966-Q1_____| 1347. 8.6 21.0 52. 206. 862. 1 - Q 2 --1144. -15.1 16.0 41. 214. 875. 1 -Q3.....| 957. -16.3 20.2 30. 125. 762. 1 1366. 42.8 10.1 44. 135. 920. -Q 4.....1 1 1 1967-Q1.____| 1519. 11.2 12.. 7 50. 222. 935. 1 1288. - Q 2 .... 1 -15.2 12.6 39. 218. 953. 1 -Q3----- 1 1048. -18.6 9.6 29. 123. 811. 1 1573. 50.0 15.1 44. 140. 1067. -Q4.....1 1 1 1968-Q1.....| 1723. 9.6 13-5 49. 216. 1011. 1 1408. -18.3 9.3 37. -Q2----- j 215. 976. 1 1167. -17. 1 11.3 119. -Q3.....1 28. 871. 1 1755. 50.4 11.6 44. 137. -Q4.....1 1162. 1 1 1969-Q1.____| 1924. 11.7 50. 9.6 226. 1138. 1 1683. -12.5 19.5 41. 214. -Q2.....1 1212. 1 -18.9 -Q3.....1 1365. 17.0 30. 123. 1050. 1 2105. 20.0 47. 54.2 151. 1423. - Q 4 .... 1 1 1 1970-Q1.....| 2354. 11.8 22.4 52. 229. 1410. 1 -Q2.....1 1918. 13.9 -18.5 39. 206. 1371. 1 1610. -Q3.....| 18.0 30. -16.0 123. 1211. 1 48.7 13.7 -Q4.....1 239546. 1616. 156. 1 1 1971-Q1....-1 2694. 12.5 14.5 51. 235. 1580. 1 2224. -Q2.....I -17.5 16.0 215. 39. 1554. 1 -Q3.....1 1845. -17.0 14.6 29. 128. 1363. 1 2658. -Q4.....1 44.0 11.0 43. 145. 1773. 1 1 1972-Q1.....| 3032. 14.1 12.5 50. 211. 1763. 1 2486. -18.0 -Q2.....| 11.8 39. 191. 1710. 1 -Q3.....J -18.7 2022. 9.6 30. 118. 1515. 1 2899. 43.4 9.1 44. 147. 1989. -Q 4 .....1 1 1 1973-Q1.....| 3575. 23.3 17.9 54. 193. 2186. 1 -Q2.---- 1 2924. -18.2 17.6 42. 2109. 186. 1 -Q3.....I 2756. -5.8 36.3 37. 142. 2126. 1 377437.0 30-2 49. 149. -Q4.....1 2702. 1 1 1974-Q1_____ | 7.7 4065. 13.7 52. 185. 2556. 1 -Q 2.....| 3402. -16.3 16.4 41. 213. 2489. 1 “ Q3.....| 2965. -12.8 7.6 157. 33. 2266. 1 -Q4.....I 3927. 32.4 4.1 42. 152. 2670. 1 1 1975-Q1.....| 4450. 9.5 47. 13.3 215. 2574. 1 3915. -12.0 15.1 39. 194. 2728. -Q2.....| 1 3181. -18.7 7.3 30. 134. 2403. -Q3.....1 1 -Q4— --I 4452. 40.0 13.4 41. 147. 3043. 1 1 1976-Q1... «| 5321. 19.5 19.6 50. 196. 3088. 1 4565. 16.6 41. -14.2 1913290. — Q2--- -1 1 -Q3„„...| 3524. -22.8 10.8 29. 148. 2704.. i 4845. 8.8 - Q 4 .....| 37.5 39. 142. 3288. \ i 1977-Q1.... | 6000. 23.8 12.8 49. 196. 3439. i -Q2----- 1 5141. 41. -14.3 12.6 207. 3642. i 28. 3858. -25.0 147. -Q3.....1 9.5 2942. i -Q4.....I 5050. 30.9 36. 3397. 4.2 126. i i 3664. 1978-Q1_____| 6380. 26.3 6.3 47. 174. i -Q2„____| 5725. -10.3 11.4 43. 179. 4068. \ 4714. -17.7 22.2 33. 153. 3699. -Q3.....| i 6379. 35.3 26.3 43. 136. 4604. -Q4..... | i i 1979-Q1_____| 7937. 24.4 24.4 179. 53. 4896. i 24.4 46. 177. 5291. -Q2..... | 7122-10.3 i 22.0 34. 149. 4578. 5752. -19.2 -Q3.....1 i 28.8 47. -Q4.....| 8216.. 42.8 148. 6110. i i 1980-Q1_____ | 17.0 21.1 53. 187. 6051. 9613. i 5618. 7996. -16.8 12.3 42. 182. -Q2.----1 i -23.0 7.1 30. 124. 4635. -Q3.....| ' 6158. i 6151. 8521. 38.4 3.7 43. 132. -Q4..... 1 i i 1981-Q1.....| 9.9 54. 186. 6630. 10568. 24.0 i 13.3 44. 182. 6472. 9063. -14.2 -Q2.....| i 6818. -24.8 10.7 31. 134. 5232. - Q 3 .... 1 i -3.7 37. 117. 5743. 8210. 20.4 -Q4.....| i i 46. 163. 5577. 9633. 17.3 -8.8 1982-Q1.....| i -7.4 188. 5992. 8915. -1.6 43. -Q2 .....| i 4832. 641 a. -28.0 -5.9 29. 133. -Q3..... | i — Q4....•| -7.7 35. 109. 5299. 7581. 18. 1 i | | | i PERCENTAGE CHANGE FROM PREVIOUS | AS PERCENTAGE OF I______________________ | LOANS OUT1 STANDING* COLLECTIONS OUARTER YEAR -3.6 2.6 -13.3 36.8 6.4 11.5 12.8 17.3 34. 32. 25. 34. 128. 163. 98. 84. -7.5 3.3 -15.9 26.4 12.5 13.3 9.9 1.6 34. 32. 24. 30. 139. 171. 100. 80. -3.3 -1.6 -18.6 28.3 6.2 1.2 -2.1 -0.6 31. 29. 21. 27. 130. 164. 97. 76. -0.6 7.9 -15.1 34.4 2.2 12-1 16.9 22.5 30. 30. 23. 31. 128. 168. 102. 85. 2.4 1.4 -12.9 20.7 26.2 18.6 21.7 9.2 33. 31. 24. 29. 132. 164. 99. 91. 1.6 2.0 -14.9 31.5 8.4 9.0 6.5 16.0 31. 29. 22. 30- 137. 161. 95. 95. -5.3 -3.4 -10.7 33.4 8.1 2.4 7.4 8.9 28. 26. 21. 29. 127. 149. 89. 91. -2.1 6.5 -13.4 35.5 12.6 24.2 20.5 22.5 29. 29. 23. 32. 134. 154. 95. 102. -0.9 -2.8 -11.7 33.4 23.9 13.1 15.4 13.6 31. 28. 23. 31. 137. 147. 93. 105. -2.3 -1.6 -12.3 30.1 12.0 13.3 12.5 9.7 30. 27. 22. 29. 138. ISO95. 97. -0.6 -3.0 -11.4 31.3 11.6 10.0 11.2 12.2 29. 27. 22. 30. 123. 131. 89. 101. 9.9 -3.5 0.8 27.1 24.0 23.4 40.4 35.8 33. 3028. 35. 118. 134. 110. 107. -5.4 -2.6 -9.0 17.8 16.9 18.0 6.6 -1.2 33. 30. 25. 28. 116. 156. 120. 103. -3.6 6.0 -11.9 26.6 0.7 9.6 6.0 14.0 27. 27. 22. 28. 124. 135. 101. 100. 1.5 6.5 -17.8 21.6 20.0 20.6 12.5 8.0 29. 30. 23. 27. 114. 138. 11397. 4.6 5.9 -19.2 15.5 11.4 10.7 8.8 3.3 28. 29. 21. 24. 113. 147. 112. 85. 7.9 11.0 -9.1 24.5 6.5 11.7 25.7 35.6 27. 30. 26. 31. 100. 127. 120. 98. 6.3 8.1 -13.5 33.5 33.6 30.1 23.8 32.7 33. 34. 27. 35. 110. 132. 119. 110. -1.0 -7.1 -17.5 32.7 23.6 6.2 1.2 0.7 34. 30. 23. 31. 118. 128. 93. 95. 7.8 -2.4 -19.2 9.8 9.6 15.2 12.9 -6.6 34. 31. 24. 26. 117. 130. 103. 82. -2.9 7.4 -19.4 9.6 -15.9 -7.4 -7.6 -7.7 27. 29. 22. 24. 95. 126. 100. 76- ♦ LOANS OUTSTANDING AT END OF PRECEDING QUARTER. MNEH LOANS" ARE COMPUTED AS LOANS HADE LESS RENEHALS. RENEWALS INCLUDE SOME NOHAGRICULTURAL LOANS (SEE NOTE ON PAGE 8) . 12 TABLE 212.2Q PRODUCTION CREDIT ASSOCIATIONS LOANS HADE AND NEN LOANS SEASONALLY-ADJUSTED ANNUAL RATE I 1 | MILLIONS | OF | 1 I DOLLARS | _i 1 1962-Q1.| 3072. 3122. - Q 2 .... J 3305-Q3.....I 3418. -Q 4 .....I QUARTER LOANS MADE PERCENTAGE CHANGE FROM PREVIOUS OUARTER YEAR NEW LOANS | AS PERCENTAGE OF 1 1 LOANS OUT COLLEC 1 STANDING* TIONS MILLIONS | OF | DOLLARS | PERCENTAGE CHANGE FROM PREVIOUS OUARTER YEAR ! | AS PERCENTAGE OF |I ..I| LOANS OUT- COLLEC I STANDING* TIONS 3.7 1.6 5-9 3.4 8.2 12.5 13.0 15.4 173172. 177. 178. 151155. 156. 157. 2170. 2220. 23492503. 1.7 2.3 5.8 6.6 6.6 11.2 12.8 17.3 122. 122. 126. 131. 107. 110. 111. 115. 1963-Q1.....| -Q2. .-...j -Q3.....1 -Q4..„..| 3415. 3528. 3660. 3628. -0. 1 3-3 3.7 -0.9 11.2 13.0 10.7 6.1 171. 170170. 163- 164. 163160. 155- 2448. 2507. 2577. 2541. -2.2 2.4 2.8 -1.4 12.8 12.9 9.7 1.5 123. 121. 120. 114. 118. 116. 112. 108. 1964-Q1_____J - Q2 ...... 1 -Q3-----| -Q4.....1 37323645. 3678. 3730. 2-8 -2.3 0.9 1.4 9.3 3.3 0.5 2.8 164. 157. 155. 152. 159161160149. 2605. 2535. 2519. 2520. 2.5 -2.7 -0.6 0.0 6.4 1.1 -2.2 -0.8 115. 109. 106. 103. 111. 112. 110. 101. 1965-Q1---- Q2. ..... | - Q 3 .....i 3895. 4040. 4200. 4402.. 4- 4 3-7 4.0 4.8 4.4 10.. 8 14.2 18.0 159. 162. 163. 163. 160. 164. 168. 156. 2661. 2845. 2944. 3088. 5.6 6-9 3.5 4.9 2.1 12.2 16-9 22.5 109. 114. 114. 114. 110116. 118. 110. 1966-Q1.....1 -Q2.....1 -Q3.„..„| - Q 4 .....| 4676. 4692. 5057.. 4896. 6.2 0.4 7.8 -3.2 20.0 16.1 20.4 11.2 170. 165. 171. 158. 157. 160165167. 3346. 3381. 3584. 3380. 8.3 1.1 6.0 -5.7 25.8 18.8 21.8 9.5 121. 119. 121. 109. 112. 115. 117. 115. 1967-Q1.... | -Q2--- Q 3 .....J “ Q4--- ,.| 52375320. 5533. 5680- 7.0 1.6 4.0 2.7 12.0 13.4 9.4 16.0 163. 160. 160. 159. 168. 167165171. 3620. 3713. 3812. 3922. 7.1 2.6 2.7 2.9 8.2 9-8 6.3 16.0 113. 111. 110. 110. 116. 117. 114. 118. 1968-Q1.--- 1 -Q2.. - - | -Q3.....| -Q4..... | 5904. 580 46137. 6377- 3.9 -1.7 5.7 3.9 12.7 9.1 10.9 12.3 158152158. 161. 163. 168162164. 3907. 3820. 4085. 4267. -0.4 -2.2 6.9 4.5 7.9 2.9 7.2 8.8 105. 100. 105. 108. 108. 111. 108. 109. 1969-QI..... | - Q 2 .... 1 -Q3-----1 -84..... | 6536. 6983. 7154. 7648. 2-5 6.8 2.5 6.9 10.7 20-3 16.6 19.9 162. 167. 165. 170. 172172. 169176. 4371. 4774. 4907. 5211- 2.4 9.2 2.8 6.2 11.9 25.0 20.1 22.1 108. 114. 113. 116. 115. 118. 116. 120. I970-Q1_____ | - Q2.--- 1 -Q3.----1 -Q4.....| i 1971-Q1_____ j -82.....| -83..... | - 8 4 .....1 79617995. 8411. 8754. 4. 1 0. 4 5.2 4. 1 21.8 14.5 17.6 14.5 169. 162165167. 175. 170. 164. 178. 5383. 5438. 5644. 5941. 3.3 1.0 3.8 5.3 23-1 13.9 15.0 14.0 114. 110110. 113. 118. 116. 110. 121. 9097. 9275. 9595. 9801. 3.9 2.0 3.5 2. 1 14.3 16.0 14.1 12.0 165161. 160159. 182. 180. 169. 164. 6020. 6189. 6321. 6562. 1.3 2.8 2.1 3.8 11.8 13.8 12.0 10.5 109. 107. 105. 106. 121120. 111. 110. 1972-Q1.....| -82.....1 -Q3.....1 -Q4-----| 10220. 10389.. 1045210861. 4.3 1.7 0.6 3.9 12.3 12.0 8-9 10.8 162. 161159. 165. 168. 162. 153. 168- 6717. 68226976. 7422. 2.4 1.6 2.3 6.4 11.6 10.2 10.4 13.1 107. 106. 106. 113. 110. 106102. 115. 1973-Q1_____| - 8 2 .....1 -83.....| -Q4.....I 12060. 12111. 14192. 14285.. 11.0 0.4 17.2 0.7 18.0 16.6 35.8 31.5 177. 173. 196. 188. 158. 159. 1801711. 8365. 8358. 9738. 10165. 12.7 -0.1 16.5 4.4 24.5 22.5 39.6 37.0 123. 119. 135. 134. 110. 109. 123. 122. 1974-Q1-- -- - | -82.....| -Q3......I -84.....| 13705. 13873. 1523014879. -4. 1 1.2 9.8 -2.3 13.6 14.6 7.3 4.2 171. 166. 173. 160. 156182. 193173. 9824. 97581032710038. -3.4 -0.7 5.8 -2.8 17.4 16.8 6.0 -1.2 122. 118. 118. 108. 112. 128. 131. 117. 1975-Q1_____1 -82.....J -83.....| -84..... | i 1976-Q1_____ | -82.....| -83.....| -Q4-----1 15038. 15800. 16355. 16927. 1. 1 5. 1 3.5 3.5 9.7 13.9 7.4 13.8 155156. 158. 160. 184165. 160. 168. 9989. 105361095111484. -0.5 5-5 3.9 4.9 1.7 8.0 6.0 14.4 103. 104. 106. 109. 123. 110. 107. 114. 17897. 18238. 18187. 18637. 5.7 1.9 -0.3 2.5 19.0 15.4 11.2 10. 1 164. 162. 156. 154. 169. 163. 173165. 11945. 12562. 12363. 12558. 4.0 5.2 -1.6 1.6 19.6 19.2 12.9 9.4 109. 111. 106. 104. 113. 112. 118. 111. 1977-Q1.....| -Q2..... | - 8 3 .....| -84.....1 20136. 20407. 20012. 19671. 8.0 1.3 -1.9 -1.7 12.5 11.9 10.0 5.5 162. 159. 150. 143. 170. 178. 171. 148. 13298. 13814. 13549. 13070. 5.9 3.9 -1.9 -3.5 11.3 10.0 9.6 4.1 107. 108. 101. 95- 112. 120. 116. 98. 1978-Q1_____ | “ 82.....J 21307. 22660. 24545.. 25207. 8.3 6.3 8.3 2.7 5.8 11.0 22.7 28.1 156. 166. 176. 172. 151. 154. 177. 162. 14051. 1543617152. 17794- 7.5 9.9 11.1 3.7 5.7 11.7 26.6 36. 1 103. 113. 123. 122. 99. 105. 123. 114. - 8 4 .....1 J 1979-Q1.....| — Q2~----| - Q 3 .... | -84.....1 1 1980-Q1.....| -82— .. | -83.....| -Q4-- - - - | 26478. 28023. 29982. 32799. 5.0 5.8 7.0 9.4 24.3 23.7 22.2 30-1 175. 179. 185. 192. 155. 152. 171177. 18687. 20128. 21292. 23644. 5.0 7.7 5.8 11.0 33.0 30.4 24.1 32.9 123. 129. 131. 138. 109. 109. 121. 128- 3215031356. 32069. 33492- -2.0 -2.5 2.3 4.4 21.4 11.9 7.0 2. 1 175. 163. 163. 172. 163. 156. 142. 156. 23087. 2145121549. 23439. -2.4 -7.1 0.5 8.8 23.5 6.6 1.2 -0.9 126. 111. 110. 120. 117. 107. 96. 109. 1981-Q1......I - 8 2 .....| -83.....| -84.....| 35288. 3537335463. 32402. 5.4 0.2 0.3 -8.6 9.8 12.8 10.6 -3.3 176. 169. 165. 146. 162. 156. 154. 139. 25155. 24775. 24317. 21974. 7.3 -1.5 -1.8 -9.6 9.0 15.5 12.8 -6.3 126. 118. 113. 100. 115. 109. 106. 94. 1982-81.....1 -Q2-....I - Q 3 .....| -Q4......1 _i_ 32118. 34879. 33460. 30116. -0.9 8.6 -4. 1 -10.0 -9.0 -1.4 -5.6 -7.1 150. 166. 157. 140. 141. 161. 153. 130. 21100. 2300222517. 20351- -4.0 9.0 -2.1 -9.6 -16.1 -7.2 -7.4 -7.4 98. 109. 106. 95. 93. 106. 103. 88. * SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING QUARTER. "NEW LOANS" ARE COMPUTED AS LOANS MADE LESS RENERALS, AND THEN SEASONALLY ADJUSTED. RENEWALS INCLUDE SOME NGNAGRICULTURAL LOANS (SEE NOTE ON PAGE 8) . 13 TABLE 212.3Q PRODUCTION C B E D IT A SSO C IA T IO N S LOANS BADE AND NEH LOANS FOUH-QUABTEB MOVING TOTAL LOANS MADE XEAB ENDING— I. I | MILLIONS | OF 1 DOLLARS NEB LOANS CHANGE FROM PBEVIOUS TEAR . ..... BILLIONS OF DOLLARS | AS PERCENTAGE OF | 1 1 LOANS OUT COLLEC PERCENT | STANDING* TIONS ......... 1 CHANGE FROM PREVIOUS TEAR I MILLIONS | OF | DOLLARS | MILLIONS OF 1 1 DOLLARS AS PERCENTAGE OF PERCENT LOANS OUT STANDING* 158. 190. 209. 250. 8.1 9.7 10.5 12.1 122. 122. 122. 125. 108. 109. 109. 110. 2382. 2458. 2507. 2518. 286. 303. 296. 206. 13.6 14.1 13.4 8.9 125. 125. 123. 119. 112. 114. 115. 112. .158. 158. 157. 156. 2557. 2565. 2553. 2549. 176. 107. 46. 31. 7.4 4.3 1.8 1.2 117. 114. 111. 108. 111. 110. 109. 107. 156. 157. 158. 162. 157. 158. 158. 160. 2564. 2643. 2734. 2889. 7. 79. 180. 340. 0.3 3.1 7.1 13.3 107. 108. 109. 113. 107. 109. 110. 112. 16.3 17.6 18.7 16.4 166. 166. 166. 165. 161. 162. 159. 162. 3068. 3205. 3341. 3419. 504. 562. 607. 530. 19.6 21.2 22-2 18.3 116. 118. 118. 117. 113. 115. 113. 115. 616. 602. 533. 615. 14.1 13.3 11.4 12.8 164. 163. 159. 160. 166. 168. 166.. 167. 3491. 3570. 3619. 3766. 423. 365. 278. 348. 13.8 11.4 8.3 10.2 115. 113. 110. 111. 116. 117. 115. 116. 56325752. 5870. 6053. 647. 623. 649. 625. 13.0 12.1 12.4 11.5 160. 158. 156. 157. 167. 168. 165. 163. 3842. 3865. 3925. 4020. 351. 295. 306. 254. 10.1 8.3 8.4 6.7 109. 106. 104. 104. 114. 113. 110. 108. 1969-Q1_____| -Q2-----1 - Q 3 - | -Q4.....| 6254. 6529. 6727. 7077- 622. 777. 857. 1024. 11.0 13.5 14.6 16.9 159. 162. 162. 166. 166. 167. 167. 171. 4147. 4383. 4562. 4823. 305519. 637. 803. 7.9 13.4 16.2 20.0 106. 109. 110. 113. 110. 112. 113. 116. 1970-Q1_____| -Q2.....1 -Q3.....| -Q4.....1 7508. 7742. 7987. 8277. 1254. 1213. 1260. 1199. 20.0 18.6 18.7 16.9 169. 167. 165. 165. 174. 174. 171. 172- 5095. 5254. 5415. 5608. 948. 870. 853. 786. 22.9 19.9 18.7 16.3 115. 113. 112. 112. 118. 118. 116. 117. 1971-Q1......| -Q2---- 1 -Q3..... | -Q4.....1 8617. 8923. 9158. 9421. 1109. 1181. 1170. 1145. 14.8 15.3 14.7 13.8 165. 164. 162. 160. 175. 178. 178. 173. 5778. 5961. 6112. 6269. 683. 707. 697. 661. 13.4 13.5 12.9 11.8 111. 110. 108. 106. 117. 119. 119. 115. 1972-Q1..... | -Q2.....| - Q 3 .... | -Q4..... | 9759. 10021. 1019710439. 1142. 1098. 1040. 1017. 13.2 12.3 11.4 10.8 160. 160. 160. 161. 170. 167. 162. 163. 6452. 6608. 6760. 6976. 674. 647. 648. 707. 11.7 10.9 10.6 11.3 106. 106. 106. 107. 112. 110. 108. 109. 1973-Q1..... | -Q2.....| -Q3.....| -Q4.....1 10982. 11420. 12154. 13028. 1223. 1399. 1956. 2590. 12.5 14.0 19-2 24.6 166. 169. 175. 181. 161. 161. 166. 165. 7400. 7799. 84119123. 948. 1191. 1651. 2147. 14.7 18.0 24.4 30.8 lu lls. 121. 127. 108. 110. 115. 116. 1974-Q1..... | -Q2..... | -Q3---- 1 - Q 4 .... 1 13518. 13996. 14206. 14359. 2536. 2576. 2052. 1331. 23.1 22.6 16-9 10.2 180. 179. 173. 166. 164. 169. 173174. 9493. 9873. 10013. 9981. 2093. 2073. 1602. 858. 28.3 26.6 19.0 9.4 127. 126. 122. 115. 115. 119. 122. 121. 1975-Q1_____| -Q2.....| - Q 3 .... | -Q4_____ | 14744. 15256. 15472. 15997. 1226. 1260. 1266. 1638. 9.1 9.0 8.9 11.4 163. 160. 156. 156. 181. 178. 171. 168. 10000. 10238. 10375. 10748. 507. 366. 362. 767. 5.3 3.7 3.6 7.7 110. 108. 105. 105. 123. 120. 115. 113. 1976-Q1_____| -Q2.....| -Q3„„. ... | -Q4....-I 16868. 17519. 17862. 18256. 2124. 2263. 2390. 2259. 14.4 14.8 15.4 14.1 160. 162. 160. 158. 166. 167. 170. 168. 11262. 11824. 12124. 12369. 1262. 1586. 1749. 1621. 12.6 15.5 16.9 15.1 107. 109. 109. 107. 111. 113. 115. 114. 1977-Q1_____| -Q2.... | -Q3.....| -Q4..... | 18935. 19510. 19844. 20049. 2066. 1991. 1982. 1794. 12-2 11.4 11.1 9.8 159. 159. 156. 152. 169. 172. 172. 165. 12721. 13073. 13311. 13420. 1459. 1249. 1186. 1050. 13.0 10.6 9.8 8.5 107. 106. 105. 102. 113. 115. 115. 110. 1978-Q1_____ | - Q 2 .....| -Q3..... | - Q 4 .....1 20429. 21013. 21869. 23198. 1494. 1502. 2025. 3148. 7.9 7.7 10.2 15.7 152. 154. 158. 165. 160. 156. 157. 159. 13644. 14070. 14828. 16036. 923. 997. 1517. 2616. 7.3 7.6 11.4 19.5 101. 103. 107. 114. 107. 104. 106. 110. 1979-Q1.....| -Q2.....| -Q3..... 1 -Q4.....1 24755. 26152. 27190. 29027. 4326. 5139.. 5321. 5830. 21.2 24.5 24.3 25.1 172. 176. 176. 180. 161. 161. 160. 162. 17267. 18490. 19369. 20875. 3623. 4420. 4542. 4840. 26.6 31.4 30.6 30.2 120. 124. 125. 130. 112. 114. 114. 117. 1980-Q1..... | - Q 2 ............. | -Q 3 .....J -Q4-----1 I 1981-Q1.....| -Q2 .....| -Q3----- 1 -Q4..... | 30704. 31578. 31984. 32289. 5949. 5427. 4794. 3262. 24.0 20.8 17.6 11.2 182. 178. 171. 168. 165167. 159. 154. 22030. 22358. 22414. 22455. 4763. 3867. 3045. 1580. 27.6 20.9 15.7 7.6 130. 126. 120. 116. 119. 118. 112. 107. 33243. 34309. 34969. 34658. 2540. 2731. 29852369. 8.3 8.6 9.3 7.3 169. 171. 170. 164. 155.. 155. 158. 152. 23034. 23887. 24485. 24077. 1003. 1530. 2071. 1622. 4.6 6.8 9.2 7.2 117. 119. 119. 114. 107. 108. 110. 106. 1982-Q1.....| -Q2..... | -Q3.....| -Q4.....| 33723. 33576k. 33176. 32547. 480. -734. -1794. -2111. 1.4 -2.1 -5.1 -6.1 157. 156. 154. 152. 147. 148. 147. 145. 23025. 22545. 22145. 21700. -9. -1342. -2339. -2377. 107. 105. 103. 101. 100. _1_ 1 1962-Q1„...„| -Q2.....1 -Q3.....| -Q4.....| 2936. 3021. 3090. 3217. 232. 281. 298. 348. 8.6 10.3 10.7 12.1 170. 172. 171. 174. 151. 153. 152. 153. 2096. 2155. 2211. 2312. 1963-Q1.....| -Q2.--- -| -Q3.....| -Q4.....1 3320. 3422. 3487. 3551. 384. 401. 397. 333. 13.1 13.3 12.8 10.4 175. 174. 171. 167. 157. 159. 159. 158. 1964-Q1.....| -Q2 .... | -Q3.____ | - Q 4 .... i 3645. 3671. 3673. 3705. 325. 249. 186. 154. 9.8 7.3 5.3 4.3 167. 163. 159. 157. 1965-Q1_____| -Q2.....1 -Q3.....1 -Q4.....1 3756. 3850. 3948. 4136. 111. 180. 275. 430. 3.1 4.9 7.5 11.6 1966— Q1.....| -Q2.....| -Q3..... | -Q4.....1 4369. 4527. 4688. 4813. 613. 677. 740. 678. 1967-Q1.....| -Q2.....1 "Q3.....| -Q4.....1 4985. 5129. 5221. 5428. 1968-Q1.....| -Q2.....| -Q3.....| -Q4.....| - 0 .0 -5.6 -9.6 - 9 .9 COLLEC TIONS 99. 98. 97. 1 ♦ AVERAGE LOANS OUTSTANDING DUBING THE PBEC ED IN G FOUB QUARTERS "NEB LOANS" ABE COBPOTED AS LOANS HADE LESS BENEBALS. (AVERAGE OF END-O F-QUARTBR D A T A ). BENEBALS INCLUDE SOME NONAGBICULTURAL LOANS (SEE NOTE ON PAGE 8). 14 TABLE 213-1Q PRODUCTION CREDIT ASSOCIATIONS RENEHALS AND COLLECTIONS 1 1. | BILLIONS OF 1 1 DOLLARS 1 1 307. 1962-Q1_____| -Q2-----! 189. 134. -Q3.....1 - Q 4 .... | 276. QUARTER RENEHALS | | | 1 PERCENTAGE CHANGE FRON PREVIOUS COLLECTIONS | AS PERCENTAGE OF | MILLIONS | PERCENTAGE CHANGE 1 OF | FROM PREVIOUS 1 | LOANS OUTLOANS COLLECTIONS! DOLLARS | HADE AND RENEHALS1 1QUARTER 1 STANDING* YEAR | AS PER| CENTAGE OF | LOANS OUT1 STANDING* OUARTER YEAR 22.7 -38.2 -29.4 106.7 12-1 16.. 3 10-5 10.6 19. 11. 7. 14. 35. 2521. 29. 41. 35. 21. 26. t 1 I | 438. 352. 510. 806. -40.3 -19.6 44-9 58.0 11.2 9.2 13.8 9.9 26. 20. 26. 41. - Q 3 .....| -Q4..... | 339. 215150. 329. 22.6 -36.4 -30.5 119.9 10.5 13-8 11.9 19-1 18. 11. 7. 14. 35. 25.. 21. 32. 43. 36. 21. 28. I | | | 453. 379. 549. 865. -43.7 -16.4 44.6 57.7 3-6 7.8 7.6 7.4 24. 19. 24. 38. 1964-Q1_____ J - Q 2 -- - -„ j -Q3-.....I -Q4„.,..„ | 394.. 234. 163. 366. 19.7 -40.6 -30.3 124.5 16-3 8.5 8.8 11.1 19. 10. 6. 15. 37. 26. 23. 35. 43. 37. 23. 29. ! | | I 514. 401. 554. 903. -40.6 -22.0 38.3 62.9 13.4 5.6 1.0 4.4 24. 18. 22. 36. 1965-Q1_____ | -Q2.....j -Q3-----| -Q4.....1 430. 248. 170. 399. 17.6 -42.3 -31.6 134.7 9.3 6.2 4.3 9.0 19. 10. 6. 14. 39. 25. 21. 32. 45. 36. 22. 29. I | I | 533. 440. 616. 995. -41.0 -17.5 40. 1 61.6 3.6 9.7 11.1 10.2 23. 18. 22. 36. 1966-Q1.....| -Q2„..„ . . | - Q 3 .....1 -Q4.....J 485. 269. 195446. 21.6 -44.5 -27.5 128.9 12.7 8-3 14.8 11.9 19. 10. 6. 14. 36. 24. 20. 33. 43. 34. 20. 31. | | | | 655. 533. 768. 1015. -34.2 -18.5 44. 1 32. 1 22.9 21.2 24.7 1.9 25. 19. 24. 32- 1967-Q1.....| -Q2.„---1 -Q3..„..| -Q4----- 1 584. 335. 237. 506. 30-9 -42.7 -29. 1 113. 1 20.5 24.4 21.8 13-4 19. 10. 614. 38. 26. 23. 32. 46. 36. 22. 31. | I ! I 684. 591. 853. 1121. -32.6 -13.5 44.3 31.4 4.5 10.9 11. 1 10.5 22. 18. 2331. 1968-Q1...... J - Q 2 .....| -Q3.....| -Q4..... J 712. 432296. 593- 40.8 -39. 4 -31.6 100.7 22.0 29. 1 24.6 17-3 20. 11. 7. 15- 41. 31. 25. 34. 47. 40. 23. 32. I | | I 797. 655983. 1281- -28.9 -17.9 50-1 30.3 16.6 10.7 15.2 14.2 22. 17. 24. 32. 1969-Ql.....1 — Q2.....| -Q3-----1 -Q4.-..-1 786. 471. 315. 683. 32.5 -40. 1 -33.0 116.5 10.3 9-0 6.6 15. 1 20. 11. 7. 15. 41. 28. 23. 32. 48. 37. 22. 33. | | | | 850. 787. 11071396. -33.6 -7.4 40.7 26. 1 6.. 6 20.2 12-7 9.0 22. 19. 24. 31. 1970-Q1.....] — Q2..... . | -Q3..... | -Q4.....| 944. 547. 399779. 38.3 -42. 1 -27.0 95. 1 20.1 16- 1 26.6 14-1 21. 11. 7. 15. 40. 29. 25. 33- 48. 3723. 34. | | | | 1029. 930. 1308. 1533. -26.3 -9.6 40.7 17.2 21. 1 18. 1 18. 1 9.8 23. 19. 24. 29. 1971-Q1......| - Q 2 .....| -Q3.....| - Q 4 ... .I 1115670. 483. 885. 43.2 -39.9 -27.9 83.3 18-1 22-5 20.9 13.7 2112. 8. 14. 4130. 26. 33. 4939. 25. 33. | | | | 1149. 1033. 1442. 1833. -25.0 -10.0 39.5 27.1 11.7 11.2 10.2 19.6 22. 18. 23. 30. 1972-Q1_____ | "Q2.....| -Q3.......I -Q4.....I 12691. 776. 507. glo 43.4 -38.9 -34.6 79.5 13.8 15.9 5-1 2.9 21. 12. 7. 14. 42. 31. 25. 31. 47. 37. 23. 32. | | | I 1439. 1304. 17081973. -21.5 -9.4 31.0 15.5 25.2 26.2 18.5 7.6 24. 20. 25. 30. 1973-Ql.....| -Q2----- 1 -Q3.....| - Q 4 .....| 1 1974-Q1_____| -Q2..----| - Q 3 --“ Q4.....| bes. 815630. 1072. 52-5 -41.3 -22.7 70.3 9.4 5.0 24.1 17.8 21. 12. 8. 14. 39. 2823. 28. 43. 34. 25. 30. | | | | 1854. 1571. 19382529. -6.0 -15.2 23.4 30.5 28.8 20.5 13.5 28.2 28. 23. 2633. 1509. 913. 699. 1257. 40.7 -39.5 -23.4 79.8 8.6 12-1 11.0 17.2 19. 11. 8. 13. 37. 27. 2432. 41. 362733. | | | | 2203. 1597. 1888. 2585. -12.9 -27.5 18-2 36.9 18.8 1.7 -2.6 2.2 28. 19. 21. 27. 1963-Q1_____| 1975-Q1..... | -Q2-....| - Q 3 --- -1 -Q4--- -| 1 1976-Q1.____| - Q 2 --- -| -Q3.....| - Q 4 -----1 1876. 1187.. 778. 1409. 49.2 -36.7 -34.5 81-2 24.3 30.0 11-3 12-1 20. 12. 7. 13. 4230. 24. 32- 48. 3725. 32. | | | | 2069. 2022. 2379. 3031. -2Q.0 -2.3 17.6 27.4 -6. 1 26.6 26.0 17.2 22. 20. 22. 28. 2233. 1275. 820. 1557.. 58.5 -42. 9 -35.7 89.8 19.1 7.5 5.5 10-5 21. 11. 7. 13. 4228. 23. 32. 45. 35. 26. 31. | | | | 27092390. 2385. 3403. -10.6 -11.8 -0.2 42-7 30.9 18.2 0.3 12.3 25. 22. 20. 28. 1977-Q1.____| - Q 2 .....1 -Q3..... 1 - Q 4 .....| 2561. 1499916. 1654. 64.4 -41. 5 -38.9 80.5 14.7 17.6 11.7 6.2 21. 12. 7. 12. 43. 29. 24. 33. 46. 38. 2629. 1 | | | 3055. 2480. 2620. 4010. -10.2 -18.8 5.6 53. 1 12-8 3.7 9.8 17.8 25. 20. 19. 28. 1978-Q1.....| -Q2...-.1 -Q3.....| -Q4..-..1 1 1979-Q1. .. -- | - Q 2 .....| -Q3_____ | - Q 4 .....| I 1980-Q1.___. | - Q 2 .....| -Q3----.1 -Q4....-I 1 1981-Q1.....| — Q2-....| - Q 3 .....| -Q4.....| I 1982-Q1.....| -Q2.....| -Q3....-I -Q4..... | _____ L_ 27161657. 10151775. 64.2 -39.0 -38.8 74.9 6.1 10.5 10.8 7.3 20. 12. 7. 12. 43. 29. 22. 28. 43. 34. 25. 28. | | | | 36693193. 3074. 4678. -8.5 -13.0 -3.7 52.2 20.1 28.8 17.3 16.7 27. 24. 21. 31- 3041. 1830.. 1174.. 2106. 71.4 -39.8 -35.9 79.4 12.0 10.5 15.7 18.7 20. 12. 7. 12. 38. 26. 20. 26. 41. 31. 23. 27. | | | | 44404018. 3852. 5567., -5.1 -9.5 -4. 1 44.5 21.0 25-8 25.3 19.0 30. 26. 23. 32. 356323781523. 2370. 69. 1 -33.3 -35.9 55.6 17- 1 29.9 29.7 12.5 20. 13. 8. 12. 37. 30. 2528. 4135. 23. 27. | | | | 5136. 4405. 4961. 6454. -7.7 -14.2 12.6 30.1 15.7 9-6 28.8 15.9 28. 23. 25. 32. 3938. 25911586. 2466. 66.2 -34.2 -38.8 55.5 10-5 8-9 4.1 4. 1 20. 13. 7. 11. 37. 29. 23. 30. 41. 34. 24. 26. | | | | 56794976. 5075. 7022. -12.0 -12.4 2.0 38.4 10.6 13.0 2.3 8.8 29. 24. 23. 31. 40552923. 1586. 2282- 64.4 -27.9 -45.8 43-9 3-0 12.8 -0.0 -7.5 19. 14. 7. 10. 42. 3325. 30. 41. 38. 25. 25. | | | | 5899. 47494837. 6978. -16.0 -19.5 1.9 44.3 3.9 -4.6 -4.7 -0.6 28. 23. 22. 32. * LOANS OUTSTANDING AT END OF PRECEDING QUARTER. RENEHALS AND COLLECTIONS INCLUDE SORE NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 8) 15 TABLE 213-2C PBODOCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS SEASONALLY-ADJUSTED ANNUAL HATE 1 1. | MILLIONS OF 1 1 DOLLARS I 1 1962-Q1_____| 878. ~Q2.....| 901. 940. -Q3.....| 940. -Q4.....| QUARTER RENEHALS | | | 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR 3.3 2.7 4.3 -0. 1 12.4 16.3 11.7 10.6 1 1 | AS PERCENTAGE OF | MILLIONS | 1 OF 1 1....... . - ..... | LOANS OUTLOANS COLLECTIONS! DOLLARS | MADE AND RENEBALSI _______ 1 1 STANDING* 1 49. 29. 30. | 2030. 50. 29. 31. I 2019. 50. 28. 31. | 2119. 49. 27.. 30. I 2173. COLLECTIONS PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR | AS PER| CENTAGE OF | LOANS OUT1 STANDING* 2.5 -0.5 4.9 2.6 11. 1 8.5 12.8 9.7 114. 111. 114. 113. 1963-Q1.... 1 -Q2.....j "Q 3 ---- 1 -Q9.....1 964. 1015. 1065. 1107. 2.6 5.3 4.9 4.0 9.9 12.. 6 13.2 17.8 48. 49. 49. 50. 28. 29. 29. 31. 32. 32. 32. 32. | I I | 2077. 2165. 2291. 2347. -4.4 4.2 5.8 2.5 2.3 7.2 8.1 8.0 104. 104. 106. 105- 1964-Q1.....| - Q 2 .... | -Q3---- Q 4...........| 1110. 1114. 1172. 1221. 0.3 0.4 5.2 4.2 15.1 9.8 10.1 10.3 49. 48. 49. 50. 30. 31. 32. 33. 32. 33. 34. 33. I I ! I 2345. 2265. 2296. 2500. -0.1 -3.4 1.4 8.9 12.9 4.6 0.2 6.5 103. 97. 97. 102. 1965-Q1.....| -Q2.--- 1 -Q3.... 1 -Q4.....1 1211. 1182. 1231. 1322. -0.9 -2.3 4.1 7.4 9.1 6.1 5-0 8.3 49. 47. 48. 49. 31. 29. 29. 30. 33. 32. 33. 32. | | I | 2427. 2458. 2496. 2819. -2.9 1.3 1.5 13.0 3.5 8.5 8.7 12.8 99. 99. 97. 105. H966— Q1____ - Q 2 .....j -Q3.....| "Q4...........| 1347. 1288. 1418. 1516. 1.9 -4.4 10.1 6.9 11.2 8.9 15.2 14.7 49. 45. 48. 49. 29. 27. 28. 31. 31. 31. 32. 34. ! | | | 2981. 2929. 3064. 2935. 5.7 -1.8 4.6 -4.2 22.8 19.2 22.8 4.1 108. 103. 103. 95. 1967-Q1.....| -Q2..----1 - Q 3 .....| -Q4.....| 1610. 1604. 1720. 1758. 6.2 -0.4 7.2 2.2 19.5 24.6 21.3 15.9 50. 48. 50. 49. 3130. 31. 31. 34. 33. 34. 35. I | | I 3113. 3185. 3351. 3325. 6.0 2.3 5.2 -0.8 4.4 8.8 9.4 13.3 97. 96. 97. 93. 1968-Q1.....| "Q 2 .....j -Q3..... | -Q4..... | 1950. 2017. 2121. 2129. 11.0 3.4 5.1 0.4 21.1 25.7 23.3 21..1 52. 53. 55. 54. 33. 35. 35. 33. 35. 37. 36. 35. | | I | 3616. 3452. 3799. 3899. 8.8 -4.6 10.1 2.6 16.2 8.4 13.4 17.3 97. 91. 98. 98. 1969— Ql.«...| - Q 2 .....| - Q 3 .... 1 - Q 4 .......... | 2128. 2209. 2233. 2455. -0.1 3.8 1.0 9.9 9.1 9.5 5.3 15.3 53. 53. 51. 54. 33. 32. 31. 32. 36. 35. 35. 36. 1 | I | 38004060. 4235. 4355. -2.6 6.9 4.3 2.8 5.1 17.6 11.5 11.7 94. 97. 97. 97. 1970-Q1.....| -Q2----- 1 -Q 3 .....| -Q4..... | 2554. 25702790. 2844. 4.0 0.6 8.6 1.9 20.0 16.3 25.0 15.9 54. 52. 55. 54. 32. 32. 33. 32. 36. 35. 35. 37. | | | I 4546. 4706. 5138. 4910. 4.4 3.5 9.2 -4.5 19.6 15.9 21.3 12.7 96. 96Id . 93. 1971— Q1„____j -Q2.....| -Q3_____ | - Q 4 .....| 3018. 3121. 3342. 3273. 6.1 3.4 7.1 -2.1 18.2 21.4 19.8 15.1 55. 54. 56. 53. 33. 34. 35. 33. 38. 38. 37. 35. | | | | 4990. 51485670. 5962. 1.6 3.2 10-1 5.2 9.8 9.4 10.4 21.4 90. 89. 94. 97. 1972-Q1.....| -Q2.....| - Q 3 .....| -Q4„.,...| 3424. 3638. 3492. 3482. 4.6 6.2 -4.0 -0.3 13.5 16.6 4.5 6.4 54. 56. 53. 53. 34. 35.. 33. 32. 36. 36. 34. 35. | | | | 6097. 6419. 6819. 6480. 2.3 5.3 6.2 -5.0 22.2 24.7 20.3 8.7 97. 99. 104. 98. 1973-Q1.... | -Q2.....1 - Q 3 .... 1 -Q4..... | 3726. 3736. 4342. 4139. 7.0 0.3 16.2 -4.7 8.8 2.7 24.3 18.9 55. 53. 60. 54. 31. 31. 31. 29. 33. 33. 35. 33. | I | I 7616. 7641. 7904. 8356. 17.5 0.3 3.4 5.7 24.9 19.0 15.9 29.0 112. 109109. 110. 1974-Q1.____ | “ Q2.....1 "Q3.....1 " Q 4...........| 4021. 4124. 4848. 4914. -2.9 2.6 17.5 1.4 7.9 10.4 11.7 18.7 50. 50. 55. 53. 29. 30. 3233. 31. 35. 38. 36. | I f | 8767. 7630. 7894. 8593. 4.9 -13.0 3.5 8.9 15.1 -0. 1 -0.1 2.8 109. 929092. 1975-Q1_____ | -Q2.....1 -Q3.....1 -Q4.....1 4970. 5313. 5444. 5491. 1.1 6.9 2.5 0.9 23.6 28.8 12.3 11.7 51. 52. 52. 52- 33. 34. 33. 32. 38. 36. 35. 35. | | I I 81539562. 10211. 10072. -5.1 17-3 6.8 -1.4 -7.0 25.3 29.4 17.2 84. 94. 98. 95- 1976-Q1_____1 - Q 2 .... 1 -Q3.....1 - Q 4 .....1 5868. 5656. 57926109. 6.9 -3.6 2.4 5.5 18.1 6.5 6.4 11.3 54. 50. 50. 51. 3331. 32. 33. 36. 34. 36. 35. I | | | 10616. 11171. 10494. 11298. 5.4 5.2 -6.. 1 7.7 30.2 16.8 2.8 12.2 97. 99. 90. 94. 1977-Q1.....| -Q 2 .... | -Q3.....| - Q 4 .... 1 6689. 6622. 6482. 6632. 9.5 -1.0 -2.1 2.3 14.0 17.1 11.9 8.6 54. 52. 48. 48. 33. 32. 32. 34. 36. 37. 36. 33. | | I I 11872. 11469. 1171713327. 5.1 -3.4 2.2 13.7 11.8 2.7 11.7 18.0 96. 90. 88. 97. 1978-Q1..... .] -Q2.....| - Q 3 .....| -Q4.....| 7071. 7123. 7144. 7362. 6.6 0.7 0.3 3.0 5.7 7.6 10.2 11.0 52. 52. 51. 50. 33. 31. 29. 29. 33. 33. 34. 32. | I I | 14145. 1467013906. 15554. 6.1 3.7 -5.2 11.8 19. 1 27.9 18.7 16.7 103. 107100. 106. 1979-Q1_____ | -Q2.....| -Q3...........1 - Q 4 .......... 1 7944. 7662. 8185. 9059. 7.9 -3.5 6.8 10.7 12.3 7.6 14.6 23.0 52. 49. 50. 53. 30. 27. 27. 28. 3229. 32. 33. | | | I 17121. 18394. 17536. 18529. 10.1 7.4 -4.7 5.7 21.0 25.4 26. 1 19. 1 113. 118. 108. 108. 1980-Q1.....| -Q2...........1 - Q 3...........| - Q 4.......... 1 9364. 9962. 10536. 10174. 3.4 6.4 5.8 -3.4 17.9 30.0 28.7 12.3 51. 52. 54. 52. 29. 32. 33. 30. 32. 33. 32. 32. I | | | 19762. 20142. 2250821488- 6.7 1.9 11-7 -4.5 15.4 9.5 28.4 16.0 107. 105. 115. 110. 1981-Q1...........| -Q2........... J -Q3...........1 -Q 4 ...........1 10399. 10528. 10909. 10580. 2.2 1.2 3.6 -3.0 11.0 5.7 3.5 4.0 52. 50. 51. 48. 29. 30. 31. 33. 32. 32. 32. 31. | | | | 21810. 22701. 22978. 23394. 1.5 4. 1 1.2 1.8 10.4 12.7 2. 1 8.9 109. 108. 107. 107. 1982-Q1........... | -Q 2 .......... | -Q3........... | -Q4...........1 1 10723. 11855. 10860. 9897. 1.4 10.6 -8.4 -8.9 3.1 12-6 -0.4 -6-5 50. 56. 51. 46. 33. 34. 32. 33. 32. 35. 33. 30. | 22716| 21687. | 21818I 23232. .1_____ -2.9 4.2 -4.5 -5-0 -0.7 106. 103. * SE A SO N A L L Y -A D JU ST E D LOANS OUTSTANDING AT END OP PRECEDING QUARTER. RENEUALS AND C O LLEC TIO N S IN CLU D E SOME NONAGRICULTURAL LOANS (S E E NOTE ON PAGE 8 ) . - 4 .5 0.6 6.5 103. 108. 16 TABLE 213.3Q PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS FOUR-QUARTEB HOVING TOTAL RENEWALS 1 1 1 | BILLIONS OF | 1 DOLLARS 1 TEAR ENDING— CHANGE FROB PREVIOUS TEAR J 1 1962-Q1.... | -Q2.... . I -Q3.... | -Q4____ | BILLIONS OF DOLLARS PERCENT COLLECTIONS CHANGE FROB I I| AS PERCENTAGE OF ! BILLIONS || PREVIOUS TEAR I OF I1 LOANS OUT LOANS COLLECTIONS! DOLLARS || BILLIONS STANDING* HADE AND RENEWALS| || OF PERCENT ______ I___ ____ I1 DOLLARS | AS || PERCENTAGE OF I| | LOANS OUTI || STANDING* II 840. 867. 879. 906. 75. 91. 88. 99. 9.8 11.7 11.2 12.2 49. 49. 49. 49. 29. 29. 28. 28. 30. 31. 30. 30. | | ( | 1941. 19712032. 2105- 142152. 195. 208. 7.9 8.4 10.6 11.0 113. 112. 113. lu 938. 964. 980. 1033. 98. 97. 101. 127. 11.7 11.2 11.4 14.0 49. 49. 48. 49. 28. 28. 28. 29. 31. 31. 31. 31. | | | | 2121. 2148. 2187. 2247. 180. 178. 155142. 9.3 9.0 7.6 6.7 ll 2. 109. 107. 106. 1964-Q1.... | -Q2««--Q3.... | -Q4.... | j 1088. 1106. 1119. 1156. 150. 142. 139. 123. 16.0 14.7 14.2 11.9 50. 49. 48. 49. 30. 30. 30. 31. 32. 32. 32. 33. | | | | 2307. 2328. 2334. 2372. 186. 180. 147. 126. 8.8 8.4 6.7 5-6 105. 103. 101. 100. 1965-Q1____ | - Q 2 .... 1 -Q3.... I -Q4.... 1 1193. 1207. 1214. 1247. 105101. 9591. 9.6 9.1 8.5 7.9 50. 49. 49. 49. 32. 31. 31. 30. 33. 33. 33. 33. | I | | 2391. 2430. 2491. 2584. 84. 101. 157. 212. 3.6 4.4 6.7 8-9 99. 99. 100. 101. 1966-Q1____ | -Q2.... j -Q3.... | -Q4.... 1 1301. 1322. 1347. 1395. 109. 115. 133. 148. 9.1 9.5 11.0 11.9 49. 49. 48. 48. 30. 29. 29. 29. 32. 32. 31. 32. | | | | 27062799. 2951. 2971. 315. 369. 460. 387. 13.2 15.2 18.5 15.0 103. 103. 104. 102. 1967-Q1.... | -Q2.... | -Q3.... | -Q4. ..... | 1 1968-Q1. — -I -Q2.... | -Q3.... J -Q4.... | 1494. 1560. 1602. 1662. 193238. 255. 267. 14.8 18.0 18.9 19.3 49. 49. 49. 49. 3030. 31. 31. 33. 34. 34. 34. | I | | 3000. 3058. 3143. 3250. 294. 259. 192. 279. 10. 9 9.3 6.5 9.4 99. 97. 96. 96. 1790. 1887. 1946. 2033. 296. 328344. 371. 19.8 21.0 21.5 22.3 51. 52. 52. 53. 32. 33. 33. 34. 35. 36. 35. 35. | | | | 3363. 3426. 3556. 3715. 363. 368. 412. 465. 12. 1 12.0 13. 1 14.3 95. 94. 95. 96. 1969-Q1.... 1 -Q2--...-I -Q3.... 1 -Q4.... 1 2107. 2145. 2165. 2255- 317. 258. 219. 221. 17.7 13.7 11.3 10.9 54. 53. 52. 53. 34. 33. 32. 32. 36. 35. 35. 35. | | | | 3767. 3900. 4025. 4140- 404. 474. 469. 425. 12.0 13.8 13.2 11.4 96. 97. 97. 97. 1970-Q1____ | -Q2... -| -Q3.... | -Q4..-..1 24132488. 25722668. 306. 343. 407. 414. 14..5 16.0 18.8 18.4 54. 54. 53. 53. 32. 32. 32. 32- 36. 36. 36. 36. | | | | 4319. 4462. 4662. 4799. 552. 562. 637. 659. 14.6 14.4 15-8 15.9 97. 96. 97. 96. 1971-Q1.... | -Q2— --I -Q3.... | -Q4--- .| 2839. 2962. 3046. 3152- 427. 474. 473. 484. 17.7 19.0 18.4 18.1 54. 55. 54. 54. 33. 33. 3333. 37. 37. 37. 37. | | | | 4919. 5022.. 5156. 5456. 600. 561. 494. 658. 13.9 12.6 10.6 13.7 94. 93. 91. 93. 1972-Q1.... | -Q2---- | -Q3.... | -Q4..--- 1 3306. 34133437. 3463. 467. 451. 392. 311. 16.5 15-2 12.9 9-9 54. 55. 54. 53. 34. 34. 34. 33- 37. 36. 35. 35. | | | ! 5746. 6017. 6283. 6423. 828. 994. 1127. 967. 16.8 19.8 21.9 17.7 94. 96. 98. 99. 1973-Q1____ | -Q2-.--- 1 -Q3.... | -Q4.... | 3582. 3621. 3743. 3905. 276. 208. 306. 442. 8-3 6. 1 8.9 12.8 54. 54. 54. 54. 33. 32. 31. 30. 34. 34. 34. 33. | | | | 6838. 7106. 73367892. 1092. 1089. 1052. 1469. 19.0 18. 1 16.7 22.9 103. 105. 106. 110. 1974-Q1-.-. .J -Q2.... | -Q3.... | -Q4---- | 4025. 4124. 4193. 4378. 443. 503. 450. 472. 12.4 13.9 12.0 12.1 54. 53. 51. 51. 30. 29. 30. 30. 33. 33. 34. 35. | J | 1 8241. 8267. 8217. 8273. 1403. 1162. 882. 381. 20.5 16.3 12.0 4.8 110. 106. 100. 96- 1975— Q 1..... | -Q2-— .-! -Q3.... | -Q4.... 1 4744. 5018. 5097. 5249. 719. 894. 904. 871. 17.9 21.7 21.6 19.9 52. 53. 51SI. 32. 33. 33. 33. 37. 37. 36. 36. | | | 1 8140. 8565. 90569501. -101. 297. 838. 1228. -1.2 3.6 10.2 14.8 90. 90. 91. 93. 1976-Q1....... 1 -Q3.... | -Q4..-.-I 5606. 5695. 5738. 5886. 862. 677. 641. 638. 18.2 13.5 12.6 12.1 53. 53. 51. 51. 33. 33. 32. 32. 36. 35, 35. 35. | | | | 10142. 10510. 10516. 10888. 2002. 1945. 1460. 1387. 24.6 22.7 16. 1 14.6 96. 97. 94. 94. 1977-Q1____ | -Q2.... 1 -Q3.... | -Q4---- 1 6214. 6438. 65336630. 607. 743. 796743. 10.8 13.0 13.9 12.6 52. 52. 51. 50. 33. 33. 33. 33. 36. 36. 36. 35. | | | | 11234. 11323. 11557. 12164. 1092. 813. 1041. 1276. 10.8 7.7 9.9 11.7 94. 92. 91. 93. 1978-Q1____ | -Q2.... 1 -Q3.,„.- . | -Q4.... | 6785. 6942. 7041. 7162. 571. 505. 508. 532. 9.2 7.8 7.8 8.0 50. 51. 51. 51. 33. 33. 32. 31. 3534. 34. 33. | | | ! 12777. 1349113945. 14614. 1544. 2168. 2388. 2450. 13.7 19. 1 20.7 20. 1 95. 99. 101. 104. 1979-Q1____ | -Q2---- | -Q3.... | -Q4— -.-! 1 1980— Q1-... ...| “Q2---- 1 -Q3— ..| -Q4.... | 7488. 7661. 7821SI 52- 703. 719. 779. 990. 10-4 10-4 11. 1 13.8 52. 51. 51. SI- 30. 2929. 28. 33. 32. 32. 31. | t | 1 15385. 16210. 16988. 17877. 2607. 2719. 3043. 3263. 20.4 20.2 21.8 22.3 107. 109. 110. 111. 86739221. 9570. 9834. 1185. 1559. 1749. 1682. 15.8 20.4 22.4 20.6 51. 52. 51. 51. 28. 29. 30. 30. 32. 33. 32. 32. | | | | 18573. 18960. 20068. 20955. 3188. 2750. 30803079. 20.7 17.0 18. 1 17.2 110. 107. 108. 109. 1981-Q1.... | -Q2.... 1 “ Q3.... | -Q4--- - | 10209. 10422. 10485. 10581. 1536. 1201. 915. 747. 17.7 13.0 9.6 7.6 52. 52. 51. 50. 31. 30. 30. 31. 32. 32. 32. 32. | ! | | 21499. 22071. 22185. 22753. 2926. 3111. 2117. 1798. 15.8 16.4 10.5 8.6 109. 110. 108. 107. 1982-Q1____ | -Q2.... J -Q3-- - .. | -Q4--- - | ____________ L_ 10698. 11031. 11031. 10847. 489. 609. 546. 265. 4.8 5.8 5-2 2.5 50. 51. 51. 51. 32. 3333. 33- 32. 33. 33. 33. | 1 | | 22973. 22745. 22507. 22463. 1474. 674. 322. -290. 6.9 3. 1 1.5 -1.3 107. 106. 105. 105. 1963-Q1____ | -Q2.... | -Q3.... | -Q4.... | i * AVERAGE LOANS OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF END-OF—QUARTER DATA) RENEWALS AND COLLECTIONS INCLUDE SOHE NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 8). 17 TABLE 221-1Q FEDERAL LAND BANKS LOANS OUTSTANDING I 1 END OF QUARTER | 1 | | 1 AMOUNT BILLIONS END OF |j QUARTER |1 11 1 NUMBER OF LOANS OF DOLLARS | 1 CHANGE FROM PR EV IO U S| 1 QUARTER 1964-Q1 - Q 2 ------ ! - Q 3 ------ . 1 - Q 4 ------ . | 3406. 3516. 3620. 3717. ***** 110. 104. 97- 1 9 6 5 - Q 1 _____ - Q 2 ------ Q 3 ------ Q 4 ------ .| .| -| .| 3889. 4057. 4171. 4280. 172167. 114109- 1 9 6 6 - Q 1 _____ —Q 2 . , „ , . - Q 3 ------- Q 4 ------ .| . J .| -| 4477. 4724. 4 9 00 .. 4957. 19724717657- 1 9 6 7 - Q 1 _____ . | - Q 2 .......... - Q 3 ------ - l - Q 4 .......... - | 5111530354495608- 1 9 6 8 - Q 1 . ____ - 1 -Q 2 ..-. .| - Q 3 ------- - 1 - Q 4 -----1 9 6 9 - Q 1 _____ - Q 2 -------Q 3 .--. -Q 4 „... YEAR QUARTER 483. 541. 551. 563. 4 .6 4 .3 2 .8 2 .6 14.2 15.4 1 5.2 15. 1 588. 667. 729. 677. 4 .6 5 .5 3 .7 1 .2 15. 1 1 6.4 17.5 15.8 154192147159- 634. 579. 550651. 3. 1 3 .8 2-8 2 .9 14 .2 1 2.3 1 1.2 13. 1 5793597360646125- 1851799162. 682. 670. 614. 517. 3-3 3. 1 1 .5 1 .0 1 3.3 12.6 11.3 9 .2 -| -| .| -| 1 1 9 7 0 - Q 1 .......... -1 -Q 2 ,..« . - Q 3 ------ - | - Q 4 ------- - | 6317655666766713- 19223912037- 524. 583. 612588. 3. 1 3 .8 1 .8 0 .6 9 .0 9 .8 10. 1 9 .6 683369947101. 7186- 11916110785- 516. 438425. 473. 1.8 2 .4 1 .5 1-2 8 .2 6 .7 6 .4 7 .0 197 1 - Q 1 _____ - Q 2 ------—Q 3 . . . „ . - Q 4 .......... -| -| .| -| 7347. 7579. 77667917. 160. 232188ISO., 514. 585. 665. 731. 2 ,2 3 .2 2 .5 1 .9 7 .5 8 .4 9 .4 10-2 1 9 7 2 - Q 1 ------- - | - Q 2 ....... - 1 - Q 3 ------ -1 - Q 4 --------.. | 8139842687499092- 2222 86. , 323. 343- 793. 847982. 1175- 2 .8 3-5 3 .8 3 .9 1 0.8 11-2 12.6 1 4.8 . | .| -| -I 95681007710525. 10947. 476510447422- 1428. 1652. 17761855. 5 .2 5 .3 4 .4 4 .0 17-5 19-6 2 0 .3 20-4 1 9 7 4 - Q 1 _____ . | - Q 2 --------- | - Q 3 ......... - | - Q 4 --------- | 11467. 1217612877. 13456- 520. 710700580- 1899. 209923522509- 4-7 6 .2 5-7 4 .5 19.8 20-8 22-3 2 2 .9 1975-Q1- ... . - | - Q 2 - ----- - | - Q 3 ------- - | - Q 4 ------- - J 14179. 149381551816014- 723759. 580496- 2712. 27622641. 2557- 5 .4 5-4 3 .9 3-2 2 3 .7 2 2.7 20-5 19.0 1 9 7 6 - Q 1 _____ - | - Q 2 ------ - | - Q 3 ------- „ | - Q 4 ------ - | 16700. 174031798218524- 686. 703579542- 2521. 2465. 2464. 2510. 4 .3 4 .2 3-3 3-0 1 7.8 16-5 15-9 1 5.7 1 9 7 7 - Q 1 ____ - Q 2 ------ - | - Q 3 ------ - | —Q 4 » . « , . - | 193312019020874. 21466- 807859684. 593- 2631. 27872891. 2942. 4 .4 4 .4 3 .4 2 .8 15-8 16-0 16. 1 15-9 1 9 7 8 - Q1 _____ —Q 2 ------ Q 3 .......... - Q 4 ------ ..| -| - | . j 22234. 23131. 2393924668. 768897808. 729- 2903. 2940. 30653202. 3 .6 4 .0 3 .5 3 .0 1 5.0 14.6 14.7 1 4.9 1 9 7 9 - Q 1 _____ . | —Q 2 - - » - - | - Q 3 ------ Q 4 - — .. .. | 25851. 27261. 28430. 29725- 1183. 1410. 1169. 1295- 36174130. 44925057. 4-8 5-5 4 .3 4 .6 16.3 17.9 18.8 2 0 .5 1 9 8 0 - Q 1 ____ . 1 -Q 2— — . | - Q 3 ------ - | - Q 4 _____ 31603336813485236032. 18782 07 8 . . m i l l 80- 5752. 6420. 6422. 6307. 6 .3 6 .6 3 .5 3 .4 22 .3 2 3 .6 2 2.6 2 1.2 1 9 8 1 - Q 1 , ___ -1 ~Q2 ------- . | - Q 3 .......... - Q 4 ------ . | 1 1 9 8 2 - Q 1 ------- . | - Q 2 .......... - | - Q 3 ------ . | -Q 4 -„... . I 38030. 40280. 4210343658. 199822511823 .. 1555- 6426. 6599. 7250.. 7626. 5 .5 5 .9 4 .5 3 .7 2 0 .3 1 9.6 20-8 2 1 .2 45074. 46316. 46954. 47282. 14161242. 639328. 7044. 60354851. 3624. 3 .2 2 .8 1 .4 0-7 18.5 15-0 11.5 8 .3 1 9 7 3 - Q 1 „ ....... - Q 2 -------Q 3., —Q 4 „ . . . . * * * * * * * * I 1 YEAR 1 **** 3 .2 3-0 2 .7 * * * * PERCENTAGE CHANGE FROM PREVIOUS THOUSANDSI * * * * * * * * I 1 PERCENTAGE CHANGE FROM PREVIOUS * * * * * * * * * * * * * * * * 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 I 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 \ 1 1 1 1 1 1 1 1 1 1 1 1 1 1 < 1 1 1 1 1 1 1 QUARTER YEAR J 1 | | 1 AVERAGE S I Z E DOLLARS | _L_ 379.1 380. 1 38 0 .9 38 0 .6 **** 0 .3 0 .2 -0 .1 * * * * * * * * * * * * * * * * 382-3 3 8 4 .3 3 8 4 .9 38 4 .2 0 .4 0 .5 0-1 -0 ,2 0 .8 1 .1 1 .1 0 .9 3 8 6 .0 38 9 .7 39 1 .8 3 8 9 .7 0 .5 1.0 0-5 -0 .5 1-0 1.4 1-8 1.4 39 1 .3 394- 1 3 9 5 .2 39 5 .6 0 .4 0-7 0.3 0.1 1.4 1.1 0 .9 1-5 397-6 3 9 9 .6 3 9 9 .4 39 8 .3 0 .5 0 .5 -0 .0 -0 .3 1-6 1.4 1 .1 0 .7 4 0 0 .5 4 0 3 .7 404-2 4 0 2 .4 0 .5 0-8 0.1 -0 .4 0-7 1 .0 1.2 1 .0 4 0 3 .5 404-9 405-2 4 0 4 .2 0.3 0 ,4 0.1 -0 .2 0 .8 0 .3 0 .2 0 .4 4 0 4 .7 40 5 .8 40 5 .8 4 0 4 .6 0 .1 0 .3 0 .0 -0 .3 0-3 0 .2 0 .2 0.1 4 0 5 . 11 4 0 6 .5 4 0 7 .4 40 7 .6 0 .1 0 .3 0.2 0-0 0.1 0 .2 0 .4 0 .8 409-0 4 1 1 .7 41 3 .6 4 1 4 .8 0 .3 0 .7 0 .5 0 .3 1-0 1.3 1-5 1 .8 4 1 5 .9 42 1 .3 426-4 42 9 .2 0 .3 1 .3 1 .2 0.7 1 .7 2 .3 3- 1 3 .5 43 3 .5 438-6 4 4 2 .0 4 4 2 .8 1.0 1 .2 0.8 0 .2 4 .2 4. 1 3 .6 3-2 445. 1 44 8 .2 450-4 4 5 0 .8 0 .5 0.7 0 .5 0-1 2 .7 2 .2 1.9 1.8 4 5 2 .9 4 5 6 .0 4 5 8 .6 4 5 9 ,5 0 .5 0 .7 0 .6 0 .2 1.8 1 .8 1 .8 1.9 46 1 .3 4 6 4 .6 46 8 .4 47 1 .2 0 .4 0.7 0-8 0.6 1-9 1.9 2-1 2 .5 4 7 6 .0 4 8 2 .4 4 8 8 .7 4 9 4 .9 1.0 1.3 1 .3 1 .3 3 .2 3-8 4 .3 5 .0 504. 1 5 1 5 .6 52 1 .0 52 5 .8 1 .9 2 .3 1-1 0-9 5 .9 6 .9 6 .6 6 .2 5 3 4 .7 545. 1 5 5 4 .4 56 1 .4 1 .7 1 .9 1.7 1.3 6. 1 5 .7 6 .4 6 .8 566-9 5 72.5 5 7 5 .7 5 7 5 .4 1.0 1.0 0-6 -0 .0 6 .0 5 .0 3 .8 2 .5 I I 1 1 1 1 1 1 1 1 1 1 1 1 1 ! 1 1 1 1 1 1 1 1 J 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 l 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ! 1 1 1 1 I 1 1 i_ 8985. 9249. 9505. 9766. PERCENTAGE CHANGE FROM PREVIOUS YEAR * * * * * * * * * * * * * * * * 10174. 10556. 10835. 11139. 13.2 14. 1 1 4.0 1 4 .1 1160012121. 12506. 12718. 14 .0 14. 8 15-4 14 .2 13061. 13457. 13789. 14175. 12 .6 11-0 10 .3 11 .5 14571. 14948. 15181. 15377. 11.6 11. 1 10. 1 8 .5 15774. 16238. 16519. 16681. 8 .3 8 .6 8 .8 8 .5 16934. 17273. 17527. 17778. 7 .4 6 .4 6. 1 6 .6 1815518678. 19138. 19568. 7 .2 8. 1 9 .2 10- 1 20093. 2072921473. 22304- 10.7 11.0 12 .2 14. 0 23395. 24478. 25444. 26393- 16 .4 18. 1 1 8.5 18.3 2757128902. 3019731349. 17 .8 18. 1 18.7 18 .8 32711. 3406135112. 36166. 1 8.6 17.8 16.3 15 .4 37522. 38832. 39924. 41088. 14 .7 14 .0 13-7 13 .6 42684. 44273. 45519. 46714. 13.8 14.0 14.0 13 .7 48193. 49787. 51104. 52355. 12.9 12. 5 12.3 12. 1 54304. 56510. 58171. 60063- 1 2.7 13.5 13 .8 1 4.7 62687. 6532366892. 68525. 15. 4 15.6 15 .0 14. 1 71119. 73899. 75949. 77762. 13.4 13. 1 13.5 1 3.5 79503. 80900. 81564. 82170. 11.8 9 .5 7 .4 5-7 18 TABLE 221-2Q FEDERAL LAND BANKS LOANS OUTSTANDING SEASONALLY-ADJUSTED DATA NUMBER OF LOANS BILLIONS END OF QUARTER | OF DOLLARS PERCENTAGE CHANGE FROM PREVIOUS CHANGE FROM PREVIOUS 1 | 1 1 9 6 4 - Q l ____ -1 ~Q2.— -1 - 0 3 ............. J - Q 4 ------ - 1 QUARTER QUARTER (SAAR) 3413. 3490. 3609. 3746. ***** 319. 499. 583. 1 9 6 5 - Q 1 _____ -1 - Q 2 ------ -1 -i - Q 4 ------ -1 3896. 4027. 4168. 4312. 1 9 6 6 -Q 1 .... - J - 0 2 ---------- -1 - C 3 ------- Q 4 ~ - « . -1 YEAR * * * * * * * * * * * * QUARTER (SAAR) YEAR ***** 9 .3 14 .3 16.1 637. 551. 549. 654. 483. 537. 549. 566. 1 7 .0 14. 1 13 .6 15 .7 14.2 15.4 1 5.2 15. 1 4485. 46904883. 4988. 735875822. 436. 589. 663. 725. 676. 1 7.0 1 9 .5 1 7 .5 8 .9 15. 1 16.5 17.4 15.7 1 9 6 7 - Q 1 _____ -1 - C 2 -----~ Q 3 - - - . -1 -QU ------ • 1 5124. 5266. 54325644. 566. 590. 696. 901. 639. 576. 549. 656. 11 .4 1 1 .5 1 3 .2 1 6 .6 14.2 1 2.3 11 .2 13.1 1 9 6 8 - Q 1 _____ -1 - Q 2 ------ - I - Q 3 ------ • 1 - Q 4 ------ - 1 5807. 5933. 6045. 6162. 681. 518. 460. 482. 683. 667. 613517. 12. 1 8 .9 7 .8 8 .0 13.3 1 2.7 11.3 9 .2 1969-Q 1- . . • 1 -1 - Q 3 ------ -1 - Q 4 ------ - • 1 6333. 6515. 6655. 6749. 716. 759. 579. 384. 526. 582. 611. 588. 1 1.6 12 .0 8 .9 5 .8 9 .1 9 .8 10. 1 9 .5 1 9 7 0 - Q 1 ------ •1 - Q 2 ------- -1 - Q 3 ------- | - Q 4 ------ •1 6850. 695470807221. 412. 427. 5 1 5 .. 584. 517. 439. 424. 472. 6. 1 6 .2 7 .4 8 .3 1 9 7 1 - Q 1 _____ -S - Q 2 ------- - I - Q 3 ---- --C '4 - ... 1 1 9 7 2 —Q1 - - . , • -1 - 0 2 ------ Q 3 ------- -1 - 0 4 ------- -1 1 1 9 7 3 - Q 1 ------ -1 - Q 2 ------- - { - 3 3 . . - . -1 - 0 4 ------ -1 1 1 9 7 4 - Q 1 _____ -1 - Q 2 ------ - I -03-— - Q 4 ------- . 1 1 1 9 7 5 - Q 1 - . . . -1 - Q 2 ------- - 1 - Q 3 ------ Q 4 ------- -1 i 1 9 7 6 - Q 1 _____ -1 —Q2------- - 1 - Q 3 ------- - I - Q 4 ------ - 1 7366. 7540. 7743. 7953. 595. 721. 845. 874- 516. 585. 663. 731. 8 .2 9 .8 1 1.2 1 1 .3 7 .5 8 .4 9 .4 10. 1 8160. 8386. 87229131. 862. 941. 1429. 1752- 794. 846. 979. 1178. 1 0 .8 1 1 .5 17 .0 20. 1 1 0.8 11 .2 12.6 14 .8 9591. 10031. 10493. 10994. 1985. 1885. 1978. 2155. 1431. 1645. 1770. 1864. 2 1 .7 19 .7 1 9 .7 2 0 .5 17.5 1 9 .6 2 0 .3 2 0.4 11491. 12H9. 1283813517. 21262727. 3138. 2943. 1900. 2089. 23452523. 19 .3 2 3 .7 2 5 .9 2 2 .9 19-8 2 0 .8 2 2.3 2 2 .9 14205. 14864. 1547216093- 2967. 2828. 2582. 2642. 2714. 27452634. 2576. 22 .0 1 9.9 17 .4 17. 1 23 .6 2 2 .6 2 0 .5 19. 1 16725. 1731017932. 18625. 2678. 24652628. 2937. 2520. 2445. 2461. 2532. 1 6.6 14-7 15 .2 16 .4 1 7.7 1 6.5 15 .9 15.7 1 9 7 7 —Q 1 - . . . . -1 - Q 2 ------- -1 - Q 3 ------- -1 - 0 4 ------- -1 19355. 20071.. 2082321595. 3096. 3026. 31823263. 2630. 2761. 2891. 2969. 16 .6 1 5 .6 15 .9 15 .7 1 5.7 16.0 16. 1 15.9 1 9 7 8 - Q 1 ------- -1 - Q 2 --------- 1 - Q 3 ------ . 1 —Q4------- -1 1 1 9 7 9 - Q 1 _____ -1 —Q2------- -1 - Q 3 ---------1 —Q4 . . . . -1 1 1 9 8 0 - Q 1 _____ -1 - Q 2 --------.1 - Q 3 -------- -1 - Q 4 --------• 1 22258. 2298323892. 24823. 277930433858. 3948- 2903. 2912. 3069. 3228. 12 .9 1 3 .7 16. 8 16-5 15 .0 1 4.5 14 .7 1 4.9 2587827076. 2839029930- 4495. 5134. 56526679. 3620. 4093. 4498. 5107. 18.1 1 9 .8 2 0 .9 23 .5 1 6.3 17.8 18.8 2 0 .6 31625. 33438. 34806. 36253. 7379. 78975816. 6160. 5747. 6362. 6416. 6323. 2 4 .7 2 5 .0 1 7 .4 1 7.7 2 2 .2 2 3 .5 2 2 .6 21. 1 1 9 8 1 - Q 1 ______• i - Q 2 .......... . -1 — Q 3 ------- Q 4 -------- • 1 38084. 39992. 42055. 43923- 7899. 822689107987- 6459. 6554. 7249. 7670. 2 1 .8 2 1 .6 2 2 .3 1 9.0 2 0 .4 1 9.6 2 0 .8 2 1 .2 45137. 4598246913. 47584. 5060. 34763839. 2744- 70535990. 4858. 3661. 1 1 .5 7 .7 8 .3 5 .8 18 .5 1 5.0 11.6 8 .3 1 1 1 9 8 2 - Q 1 ______.1 - Q 2 ............ - Q 3 . . . . . .1 -Q 4— .1 | PERCENTAGE CHANGE FROM JTXV£» TXUl YEAR THOUSANDS * * * * J * * * * AVERAGE S I Z E PERCENTAGE CHANGE FROM PREVIOUS ** ** ** ** * * * * * * * * 8 .2 6 .7 6 .4 7 .0 1 1 1 1 J 1 1 1 1 1 \ 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 I 1 1 ( 1 1 I1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 QUARTER (SAAR) YEAR 3 7 9 .6 3 7 9 .2 380. 1 3 8 1 .7 ***** -0 .4 0.9 1.8 ♦ * * * * * * * * * * * * * * * 3 8 2 .7 3 8 3 .4 384. 1 3 8 5 .4 1.0 0.7 0 .8 1.3 0 .8 1.1 1 .1 0 .9 38 6 .4 3 8 8 .7 3 9 0 .9 3 9 0 .5 1.1 2 .5 2 .2 -0 .4 1 .0 1 .4 1.8 1.3 39 1 .9 3 93.1 3 9 4 .4 3 9 6 .6 1 .5 1.1 1 .4 2 .2 1.4 1 .1 0 .9 1.6 3 9 8 .0 3 9 8 .5 3 9 8 .7 3 9 9 .2 1.5 0 .5 0 .2 0 .5 1 .6 1 .4 1 .1 0 .7 4 0 0 .9 40 2 .8 4 0 3 .5 40 3 .3 1.7 1 ,9 0 .7 -0 .2 0 .7 1.1 1 .2 1 .0 403-9 4 0 4 .0 4 0 4 .5 4 0 4 .9 0 .6 0 .1 0 .4 0.4 0-8 0-3 0 .2 0 .4 405. 1 40 5 .0 405. 1 405. 1 0.2 -0 .1 0-1 0.1 0 .3 0 .2 0. 1 0 .1 4 0 5 .6 4 0 5 .8 40 6 .6 408. 1 0 .4 0 .2 0.8 1 .4 0.1 0 .2 0 .4 0 .7 4 0 9 .5 411. 1 4 1 2 .8 4 1 5 .2 1.4 1.5 1 .6 2 .3 1.0 1.3 1 .5 1.7 4 1 6 .5 4 2 0 .7 4 2 5 .5 42 9 .6 1.3 4.1 4 .6 4 .0 1 .7 2 .3 3 .1 3 .5 434. 1 4 3 8 .0 44 1 .0 4 4 3 .3 4 .3 3 .6 2 .8 2.1 4 .2 4 .1 3 .6 3 .2 44 5 .7 4 4 7 .6 4 4 9 .5 4 5 1 .4 2-2 1.7 1.7 1.7 2 .7 2 .2 1.9 1.8 453-5 4 5 5 .4 4 5 7 .7 46 0 .2 1 .8 1.7 2.1 2 .2 1.7 1 .7 1.8 1 .9 46 1 .9 4 6 3 .9 4 6 7 .7 4 7 1 .9 1.5 1 .7 3 .4 3 .6 1 .9 1.9 2 .2 2 .5 4 7 6 .5 4 8 1 .5 488. 1 4 9 5 .9 4 .0 4 .3 5 .6 6 .5 3 .2 3 .8 4 .4 5. 1 50 4 .4 5 1 4 .5 520.3 5 2 6 .5 7 .0 8 .3 4 .6 4.9 5 .9 6 .8 6 .6 6 .2 53 5 .4 5 4 4 .0 5 5 3 .7 56 2 .2 6 .9 6 .6 7 .3 6 .3 6-1 5 .7 6 .4 6 .8 5 6 7 .7 57 1 .3 5 75.1 5 7 6 .4 3 .9 2 .6 2 .7 0 .9 6 .0 5 .0 3 .9 2 .5 i 1 I 1 1 1 I 1 1 1 1 I 1 1 1 1 1 1 8990. 9203. 9494. 9814. * * * * * * * * * * * * * * * * 10180. 10505. 10824. 11191. 13.2 14. 1 1 4 .0 14 .0 11609. 12064. 12492. 12774. 14 .0 14 .8 15 .4 14. 1 13074. 13397. 13771. 14232. 12 .6 11 .0 1 0.2 11.4 14590. 14886. 15160. 15433. 11.6 11. 1 10. 1 8 .4 15798. 16176. 16496. 16737. 8 .3 8 .7 8 .8 8 .5 16960. 17212. 17504. 17835. 7 .4 6 .4 6. 1 6 .6 18182. 18616. 19115. 19630. 7 .2 8 .2 9 .2 10. 1 20119. 20664. 21450. 22375. 10 .7 11.0 1 2.2 14.0 23419. 24400. 25420. 26481. 16.4 1 8.1 18.5 18.4 27587. 28805. 3017231462. 17 .8 18. 1 18 .7 18.8 32720. 33936. 35084. 36307. 18.6 1 7.8 16 .3 15.4 37524. 38674. 39895. 41261. 1 4.7 14.0 13.7 1 3.6 42683. 44074. 45492. 46926. 13 .7 1 4.0 1 4 .0 13-7 48193. 49548. 51085. 52603. 12.9 12.4 12.3 12. 1 54307. 56227. 58160. 60354. 12.7 13 .5 1 3 .9 14.7 62697. 64988. 66891. 68851. 15 .4 1 5 .6 15 .0 14. 1 71129. 73516. 75955. 78127. 13.4 13. 1 1 3.6 13 .5 79512. 80483. 81574. 82550- 11.8 9 .5 7 .4 5 .7 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 _J ___ 19 TABLE 222-IQ FEDERAL LAND BANKS LOANS CLOSED NUMBER OF LOANS AMOUNT QUARTER 1 1 1 1 1 1 9 6 4 - Q 1 _____ _ j - Q 2 ------ . J - Q 3 ------- „ | - Q 4 ------ I i 1 9 6 5 - Q 1 _____ . J - Q 2 ------- „ | - Q 3 ------ . | - Q 4 ------ j 1 1 9 6 6 - Q 1 _____ „ j -Q 2 .-o - . | - Q 3 ------ _ | -Q4- — - 1 1 „ | . | „ | _| 1 9 6 7 —Q1 - Q 2 ------ Q 3 ------- Q 4 ------- 1 1 9 6 8 —Q1_____ „ | - Q 2 ------ . j - Q 3 ------- Q 4 ------- | 1 1 9 6 9 - Q 1 _____ _ j - Q 2 ------ „ j - Q 3 ------ _ | - Q 4 ------ I 1 .| .| -| .| I 1 9 7 1 - Q 1 _____ „ | - Q 2 ------- .. | - Q 3 ------- - | -Q 4.. | MI LL IO NS OF DOLLARS PERCENTAGE CHANGE FROM PREVIOUS CLOSED || CHANGE FROM PREVIOUS IN | QUARTER 11 QUARTER TEAR QUARTER TEAR 1 1 1 1 1 THOUSANDS! 1 1 J_ J_ AVERAGE S I Z E PERCENTAGE CHANGE FROM PREVIOUS QUARTER TEAR * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ^ ***** ***** | | | 14.5 13 .7 1 2.0 14 .6 ***** -5 .7 -1 2 .0 21 .1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 16 .6 15.8 12 .2 13-9 1 3.6 -4 .8 - 2 2 .6 13.8 14.3 1 5.3 1.4 -4 .6 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * j | j | 16 .8 1 6.9 1 2.3 8 .0 2 0 .7 1 .0 -2 7 .7 -3 4 .5 1 .3 7 .5 0 .4 -4 2 .2 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 12.2 13.0 10.4 12.8 52 .2 6-8 - 1 9 .9 2 2 .4 - 2 7 .1 - 2 3 .0 -1 4 .7 5 9 .2 * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** * * * * * * * * * * * * * * * * ****** ****** ****** ****** * * * * * * * * * * * * * * * * * * * * ***** ***** ***** | | | | 1 2.6 11.2 7 .6 9 .4 -1 .4 -1 1 .2 - 3 1 .7 23 .1 3 .1 -1 4 .2 -2 6 .9 - 2 6 .4 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ****** ****** ****** ****** * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 12. 1 12 .0 7 .3 7 .0 2 8 .8 - 0 .8 -39-7 -3 .5 -3 .9 7 .4 -5 .1 -2 5 .6 * * * * * * * * ***** -0 .8 -2 0 .6 2 1 .7 ***** ***** ***** j | f | 8 .9 8. 1 6 .8 8 .4 2 7 .5 -8 .7 - 1 6 .8 2 3 .2 -2 6 .3 -3 2 .2 - 6 .5 1 9.4 * * * * * * * * * * * * * * * * * * * * ***** ***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 272. 270214. 2 61. . ****** -2. -56. 46. 379. 428. 357. 39 1. 118. 49. -71. 34. 107158. 143. 130. 4 5 .3 13 .0 -1 6 .5 9 .5 3 9 .3 5 8 .5 66 .8 5 0 .0 | | | | 10 .4 11.4 9 .3 10.0 2 4 .5 9 .6 - 1 8 .9 8.3 16 .5 3 9 .9 3 6 .4 19.9 1 9 7 2 —Q1_____ - Q 2 ------- - | - Q 3 --------. | —Q 4 ------ . | 503. 520. 557„ 658. 112.. 17. 38100. 124. 92. 200. 267. 2 8 .6 3 .3 7 .3 1 8 .0 3 2 .8 21 .5 5 6 .0 6 8 .2 | | | | 12.6 12 .7 11 .8 1 3.3 2 5 .6 0 .6 -6 .7 12 .9 20-9 11 .0 2 7 .6 3 3 .0 1 9 7 3 - Q 1 _____ . | —Q 2 - . . - - . . | - Q 3 ------- - | - Q 4 --------- I 861. 835. 719. 754. 203. -26-116. 35. 358. 316. 161. 96. 30-9 -3 .0 -1 3 .9 4 .9 71. 1 6 0 .7 2 9 .0 14.6 | | I | 15 .6 16.0 1 2 .9 1 3.4 1 7.4 2.1 -1 9 .3 3 .7 24 .3 26.1 9 .2 0 .3 1 9 7 4 - Q 1 _____ - | - Q 2 ------- Q 3 ............. 1 - Q 4 -------- .1 931. 1 045 .. 1007. 957. 177. 114. -3 8. -50. 70210. 288. 203. 2 3 .5 1 2 .2 - 3 .7 - 4 .9 8. 1 25 .1 40. 1 2 6 .9 | | 1 | 1 5 .2 16.8 15.7 14.7 13 .6 1 0.9 - 6 .5 - 6 .8 -2 .9 5 .5 22 .2 9-8 1 9 7 5 - Q 1 ______ | - Q 2 ------ . | - Q 3 --------. | —Q4 ------- . | 1184. 1148. 930. 957. 227. -36. -218. 27. 253. 103-77. -1. 23-7 -3 .0 - 1 9 .0 2 .9 2 7 .2 9 .9 -7 .6 -0 .1 | | | | 16.4 16 .0 13. 1 13. 1 11 .7 -2 .6 -1 8 .3 0 .6 8.1 -5 .1 -1 7 .1 -1 0 .5 1 9 7 6 - Q 1 _____ . J - Q 2 --------- | - Q 3 ....... . | - Q 4 ------- . ( 1267. 1205. 1011. 1102. 311. -62. -194. 91. 83. 57. 81. 145. 3 2 .5 -4 .9 - 1 6 .1 9 .0 7 .0 4 .9 8 .7 15 .2 | | ( | 15.7 15 .4 1 3.0 1 3.6 19.3 - 1 .5 - 1 5 .8 4 .8 -4 .5 -3 .4 - 0 .5 3 .6 1 9 7 7 - Q 1 _____ . | - Q 2 ............. | - Q 3 .......... . I - Q 4 .. . ----- . | 157215461275. 1226. 470.. -27. -271. -4 8. 305. 340. 264. 125. 42. 7 -1 .7 - 1 7 .5 -3 .8 2 4 .0 2 8 .3 26 .1 11 .3 | I | J 16. 4 1 7.3 14 .0 1 4.2 2 0 .9 5 .2 -1 8 .8 1.1 5 .0 1 2 .1 8 .2 4 .4 1 9 7 8 - Q 1 ------ . | —Q 2 - ------.. | - Q 3 ...........„ | - Q 4 --------. | I 1 9 7 9 - Q 1 ______- | —Q2... - . - | - Q 3 --------- | - Q 4 ------- . | 1555. 1623. 1397. 1439. 32 8. 6 8. -225. 42. -18. 77. 123. 213. 26. 8 4 .4 -1 3 .9 3 .0 - 1 .1 5 .0 9 .6 1 7.3 | | | | 1 5.3 16.7 14. 8 15 .5 7 .8 8 .9 -1 1 .0 4 .8 -6 .9 - 3 .6 5 .6 9 .4 2064. 2271. 1874. 2183- 625. 207. -397. 30 9 . 509. 648. 476. 743. 4 3 .4 10.0 -1 7 .5 16 .5 3 2 .8 4 0.0 34. 1 5 1 .6 | | | | 18. 1 19 .7 1 7.8 18.7 16.3 9 .0 -9 .7 5 .4 18-1 1 8.2 2 0 .0 2 0 .6 2901. 29421827. 1950., 71841. -1115. 123.. 837. 671. -47. -233. 32. 9 1 .4 -3 7 .9 6 .7 4 0 .5 2 9 .6 -2 .5 -1 0 .7 | | | | 2 1 .8 2 2 .9 1 4.6 16. 1 16 .5 5.1 -3 6 .6 10.4 2 0 .8 1 6 .5 -1 8 .2 - 1 4 .3 3080. 3234. 2612. 2449. 1130. 154. -622. -163- 179. 292. 785. 499. 58. 0 5 .0 -1 9 .2 -6 .3 6 .2 9 .9 4 3.0 2 5 .6 | | | | 2 0 .9 22-3 18.9 1 7.9 2 9 .7 6 .8 -1 5 .0 - 5 .3 2504. 2117. 13 58.. 1150- 55.. -386. -759. -208. -576. -1117. -1254. -1299. 2 .3 -15. 4 - 3 5 .9 - 1 5 .3 -1 8 .7 - 3 4 .5 -4 8 .0 -5 3 .0 | | | | 1 6.6 15.5 11. 1 9 .8 -7 .3 - 6 .9 -2 8 .2 -1 1 .9 1 9 7 0 - Q 1 _____ - Q 2 ------- Q 3 ------ Q 4 ------- 1 9 8 0 - Q 1 _____ .1 - Q 2 ------- - | - Q 3 ------- .1 - Q 4 ------- | 1 1 9 8 1 - Q 1 _____ - Q 2 - ------. | - Q 3 ------- - | - Q 4 . . ......... I 1 9 8 2 - Q 1 _____ - Q 2 ------- .1 - Q 3 „ .......... I - Q 4 .......... . | ***** -4 .5 -2 .9 30. 1 11.6 -2 0 .3 -3 0 .5 - 4 1 .3 -4 5 .4 1 1 | DOLLARS 1 _ l ______ I I I I I I I I I I I I I I I I 1 1 1 1 1 1 1 I 1 I 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 f1l 1 1 1 1 1 1 1 1 I 1 1 1 1 1 PERCENTAGE CHANGE FROM PREVIOUS TEAR * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 30479. 33129. 31594. 31202. * * * * * * * * * * * * * * * * * * * * 36424. 37526. 3863139060. 19 .5 13 .3 2 2 .3 2 5 .2 40007. 41078. 47242. 49404. 9 .8 9 .5 2 2 .3 2 6 .5 55084. 52353. 55804. 56432. 3 7 .7 2 7 .4 18. 1 14.2 61356. 62078. 63963. 65227. 11.4 18.6 14.6 15 .6 72221. 71903. 71237. 72849. 17.7 15 .8 11.4 11.7 80930. 78100. 77831. 80952. 12. 1 8 .6 9 .3 11. 1 95572. 89337. 90742. 86310. 18. 1 1 4.4 16.6 6 .6 101522. 97320. 94199. 92597. 6 .2 8 .9 3 .8 7 .3 114174. 115259. 105295. 116407. 1 2 .5 18. 4 11 .8 2 5 .7 132832. 128228. 125480. 121303. 16 .3 11.3 19.2 4. 2 147694. 145193. 137928. 136468. 11. 2 1 3.2 9 .9 12.5 150567. 136761. 122179. 117444. 1.9 -5 .8 - 1 1 .4 -1 3 .9 20 FEDERAL LAND BANKS LOANS CLOSED SEASONALLY-ADJUSTED ANNUAL RATE TABLE 2 2 2 . 2 C AMOUNT 1 1 | 1 | QUARTER 1 1 I BILLIONS OF DOLLARS | 1 CLOSED || CHANGE FROM PREVIOUSI IN |1 I QUARTER 1 QUARTER . . . m g ____ l PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR 1 1 1 1 1 1 i. NUMBER OF LOANS 1 1 1 1 PERCENTAGE CHANGE FROM PREVIOUS THOUSANDS| 1 ____ L_ 1 QUARTER YEAR | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 52.5 49.4 56.0 62.8 ***** -6.0 13.4 12.2 ***** ***** ***** ***** 1965-Q1.... | -Q2.... | -Q3 ........ I -Q4.... | I 1966-Q1____ J -Q2.... | -Q3.... | -Q4.....I I 1967— Q1.....| -Q2.... 1 -Q3..„..| -Q4.... | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 60.0 56.8 57. 1 59.8 -4.5 -5.3 0.5 4.7 14-2 15.1 2.0 -4.8 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 60.4 61.0 57.8 34.4 1.0 1.0 -5.3 -40.5 0.7 7.4 1.2 -42.5 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 43.7 47. 1 49.7 54.8 26.8 7.9 5.6 10.1 -27.8 -22.8 -14.0 59.1 1968-Q1____ | -Q2.... 1 -Q3„-- - ! -Q4.... I ****** ****** ****** ****** ***** ***** ****** ***** ****** ***** ***** ****** ****** ****** ***** ***** ***** 45.3 40.4 36.5 40. 1 -17.3 -10-8 -9.5 9.7 3.7 -14.3 -26.5 -26.8 196 9—Q1____ | -Q2--- - | — Q3...... | -Q4.... | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** 43.0 43.8 34.4 29.6 7.4 1.7 -21.3 -13.9 -4.9 8.4 -5.7 -26. 1 1970— Q1.....| — Q2«.--- i -Q3..... | -Q4.-...1 981. 994. 971. 1132. ****** 13. -23. 161. ****** ****** ****** ****** ***** 1.4 -2.3 16.6 * * * * 31.9 29.9 31.9 35.4 7.6 -6.2 6-5 10.9 -25.9 -31.6 -7.5 19.3 1971-Q1.... | -Q2.... 1 -Q3.... 1 -Q4.... | 1352. 1578. 1611„ 1709. 220226. 3497., 371. 584. 640. 576. 19.4 16.7 2-1 6.0 37.9 58.7 65-9 50.9 37.2 42.2 42.4 42.5 5.2 13.4 0.5 0.2 16.7 41.0 33.0 20.2 1972-Q1____ | -Q2-- - - | -Q3.... 1 -Q4.... | 1811. 1917. 2507. 2880- 102. 106590373- 459. 339. 896. 1171. 6.0 5-9 30.8 14.9 33.9 21.5 55.6 68.6 45.9 46.8 52-9 56-7 8.0 2.0 12.9 7.3 23.3 11.0 24.7 33.5 1973-Q1____ -Q2. . . . -Q3.... -Q4 . . . . 31063078. 32093334- 226-27. 131. 125. 12951162. 702454. 7.8 -0.9 4.3 3.9 71.5 60.6 28.0 15.8 57.9 59.2 56-3 57.2 2.0 2.3 -4.8 1.6 26.1 26.4 6.6 0.9 J 1 | 1 ****** ** ** ** ** ** ** ** ** DOLLARS ____ L_ 1964-Q1.... 1 -Q2.... j -Q3.... | -Q4.... 1 ****** ****** AVERAGE SIZE | I 1 1974-Q1.... | -Q2.... | "Q3.... 1 -Q4.... | 1 1975-Q1.... | -Q2.... | -Q3.... 1 -Q4-... | 3360. 38444477. 4240. 26. 484633-237. 254. 766. 1267906. 0.8 14.4 16.5 -5.3 8.2 24. 9 39.5 27.2 57.1 62.3 68.2 62.8 -0.2 9.1 9.5 -8.0 -1.3 5.2 21.1 9.6 42944201» 4151.. 4247- 54-93.. -50. 96- 934. 357. -326. 7. 1.3 -2.2 -1.2 2.3 27.8 9.3 -7.3 0-2 62.5 59-0 56.5 56. 1 -0.5 -5.6 -4.2 -0.7 9.4 -5.3 -17.2 -10.6 1976-Q1.... 1 -Q2.... | -Q3.... 1 -Q4---- 1 4545437845394907. 298-167161368- 251. 177. 389. 660. 7.0 -3.7 3.7 8- 1 5.8 4.2 9.4 15.6 59.2 56-8 56.1 58.2 5.6 -4.1 -1.2 3.6 -5.2 -3.7 -0.6 3.7 1977-Q1___ ..I — Q2„.... | -Q3.....J -Q4.... | 561455675750.. 5520- 707. -47. 183. -230. 10691189. 1211. 613. 14-4 -0. 8 3.3 -4.0 23.5 27.2 26.7 12.5 62-3 63. 4 60.9 60.9 7.0 1.8 -3.9 -0.0 5.1 11.6 8.6 4.8 1978-Q1____ | -Q2.... 1 -Q3.... 1 -Q4.... | 5573581463946525- 53241. 580. 131. -41. 247. 644. 1005- 1.0 4.3 10-0 2.0 -0.7 4.4 11.2 18.2 58-2 60.8 64.7 66.8 -4.5 4.6 6.4 3.2 -6.6 -4.0 6.2 9.6 1979-Q1____ | -Q2.... 1 -Q3.... 1 -Q4.... | 7371. 80858594. 9875. 846714508. 1281. 1798. 227122003350. 13.0 9.7 6.3 14.9 32.3 39.1 34.4 51.3 68.5 71.7 77.9 80.4 2.6 4.7 8.7 3.2 17.8 17.9 20.4 20.5 1980-Q1____ | -Q2---- 1 -Q3.... I -Q4.... | 1042110386. 8396. 8778. 546. -35. -1989. 381. 30502300. -197. -1097. 5-5 -0.3 -19.2 4.5 41.4 28. 5 -2.3 -11. 1 83.0 83.5 64. 1 68.7 3.3 0.5 -23.3 7.2 21-2 16.4 -17.8 -14.6 1981-Q1.... 1 -Q2.... | -Q3.... | -Q4.... | 110201141212114. 11099- 2242. 392702-1015. 599. 1026. 3718. 2321. 25.5 3.6 6-2 -8. 4 5.7 9-9 44.3 26.4 78.7 81.0 83.7 77-0 14.5 2-9 3.3 -8.0 -5.3 -3.0 30.6 12.0 1982-Q1.... | -Q2.... 1 -Q3.... 1 -Q4.... 1 8919. 7469. 62985196. -2180. -1450. -1171. -1102. -2101. -3942. -5816. -5903. -19.6 -16.3 -15-7 -17.5 -19. 1 -34.5 -48.0 -53.2 62.7 56.2 49. 1 42.0 -18.5 -10.4 -12.6 -14.5 -20.3 -30.6 -41.3 -45.4 1 I 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 ! 1 PERCENTAGE CHANGE FROM PREVIOUS YEAR ******* ******* ******* ******* ***** ***** ***** ***** ******* ******* ******* ******* ***** ***** ***** ***** ******* ******* ******* ******* ***** ***** ***** ***** ******* ******* ******* ******* ***** ***** ***** ***** ******* ***** ******* ***** ******* ******* ***** ***** ******* ******* ******* ******* ***** ***** ***** ***** 30748. 33214. 30475. 32027. * * * * ** ** ** ** * * * * * * * * 36336. 37384. 38007. 40200. 18.2 12.6 24.7 25.5 39452. 40927. 47427. 50770. 8.6 9.5 24. 8 26.3 53671. 52008. 56969. 58233. 36.0 27. 1 20. 1 14-7 58824. 61711. 65610. 67559. 9.6 18.7 15.2 16.0 68744. 71218. 73481. 75718. 16.9 15.4 12.0 12- 1 76711. 7705580891. 84366. 11.6 8.2 10. 1 11.4 90167. 87797. 94357. 90590. 17.5 13.9 16.6 7.4 95790. 95558. 98806. 97730. 6.2 8.8 4.7 7.9 107592. 112756. 110280. 122778. 12.3 18.0 11.6 25.6 125484. 124392. 131064. 127775. 16.6 10.3 18.8 4. 1 140109. 140971. 144812. 144224. 11.7 13. 3 10.5 12.9 142279. 132936. 128245. 123764. 1.5 -5.7 -11.4 -14.2 1 1 1 1 1 1 1 1 1 1 1 1 21 TABLE 222.3Q FEDEBAL LAUD BANKS LOANS CLOSED FOUH-QOARTER MOVING TOTAL AMOUNT TEAR ENDING— | | 1 1 1 MIL LIO NS OF DOLLARS NUMBER OF LOANS PERCENTAGE CHANGE FROM PREVIOUS END OF | CHANGE FROM PREVIOUS QUARTER 1 1 QUARTER TEAR QUARTER TEAR | | I I THOUSANDS! | I 1 1 9 6 4 - Q 1 .............| - Q 2 .............| - Q 3 .............| - Q 4 ............. | * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 1 9 6 5 - Q 1 ______ | - Q 2 .............| - Q 3 ............. | - Q 4 .............| * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 5 6 .8 58-9 59. 1 5 8.4 1 9 6 6 -Q 1 .....I - Q 2 ----, - . | - Q 3 .............! - Q 4 .............1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** | * * * * * j ***** ***** | | 1 9 6 7 - Q 1 .............| - Q 2 .............| - Q 3 .............| - Q 4 .............1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** 1 9 6 8 - Q 1 .............| - Q 2 ............. | - Q 3 ............ | - Q 4 .............1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** 1 9 6 9 - Q 1 .............| -Q 2 .............| - Q 3 .............| - Q 4 ............. 1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** 5 4.8 AVERAGE S I Z E PERCENTAGE CHANGE FROM PREVIOUS DOLLARS QUARTER * * * * * * * * * * * * * * * * * * * * YEAR * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 3 .8 3 .7 0 .3 - 1 .1 ***** ***** ***** 6 .7 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 5 8 .6 5 9 .8 5 9 .8 5 4 .0 0 .4 2 .0 0.1 - 9 .8 3 .2 1 .5 1.3 -7 .6 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | 4 9 .4 4 5 .5 4 3 .7 4 8 .5 -8 .4 -7 .9 -4 .0 10 .9 -1 5 .7 - 2 3 .8 -2 6 .9 -1 0 .2 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** | | | { 4 8.9 4 7 .0 44-2 4 0 .8 0 .8 -3 .8 - 6 .0 -7 .6 -1. 1 3 .2 1. 1 -1 5 .8 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** ** ** ** ** * * * * j | | | 4 0 .3 4 1 .2 40 .8 3 8 .4 -1 .2 2 .0 -0 .9 -5 .9 -1 7 .5 -1 2 .5 -7 .8 -6 .0 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 3 5 .2 3 1 .3 3 0 .8 32-2 - 8 .3 - 1 1 .0 - 1 .5 4 .4 -1 2 .8 - 2 3 .9 -2 4 .3 -16. 1 ******* ******* ******* 31571. ***** ***** ***** ***** ***** 5 2.9 | | | | 3 3 .7 3 6 .9 3 9 .4 4 1.1 4 .6 9 .7 6 .7 4.2 -4 .3 17.9 27 .7 2 7 .5 33359. 34696. 36154. 37870. ***** ***** ***** 2 0 .0 | | j * * * * * * * * * * * * * * * * PERCENTAGE CHANGE FROM PREVIOUS YEAR ****** ****** ****** ***** ****** ****** ****** ***** ****** 1D17. ****** ****** ****** ****** ***** ***** 1 9 7 1 - Q 1 ______ J - Q 2 ............. J - Q 3 .............1 - Q 4 ............. | 1124. 1282. 14 25.. 1555. 107. 158. 143. 130. ****** ****** ****** 538. 1 9 7 2 - Q 1 . _____| - Q 2 ............. 1 - Q 3 .............| - Q 4 ............. 1 1679. 1771. 1971. 2238. 124. 92. 200. 267. 556490547. 683. 8 .0 5 .5 11.3 1 3 .5 4 9 .5 3 8 .2 3 8 .4 4 3 .9 | | | | 4 3 .2 4 4 .5 4 7 .0 5 0 .3 5 .3 2 .9 5 .7 7 .0 2 8 .4 2 0 .5 19-4 2 2 .6 38839. 39812. 41908. 44458. 1 6.4 14.7 1 5.9 1 7.4 1 9 7 3 - Q 1 ............. | - Q 2 .............1 “ Q 3 ............ 1 - Q 4 -------. | 2596. 2912. 3073. 3169. 358. 316161. 96. 9161140. 1102. 931. 1 6 .0 12 .2 5 .5 3. 1 5 4 .6 6 4 .4 55-9 4 1 .6 | | | | 5 3 .4 5 6 .7 5 7 .8 5 7 .8 6 .1 6 .2 1..9 0.1 2 3 .5 2 7.4 2 2 .8 14.9 48616. 51350. 53181. 54802. 2 5 .2 2 9.0 2 6 .9 2 3 .3 1 9 7 4 - Q 1 ______ | - Q 2 .............| - Q 3 .............| - Q 4 .............1 3239. 344937373940- 70. 210. 288. 203. 643. 537. 664. 771. 2 .2 6 .5 8 .3 5 .4 2 4 .8 1 8.5 2 1 .6 2 4 .3 | | ] | 5 7 .4 5 8 .3 61.1 6 2 .4 -0 .8 1-5 4 .9 2.1 7 .4 2 .7 5 .8 7 .9 56459. 59207. 61150. 63118. 16. 1 1 5.3 15.0 15.2 1 9 7 5 - Q 1 ______ | - Q 2 ............. 1 - Q 3 .............| - Q 4 .............| 41934297. 42204219. 253103-77. -1. 954. 848. 483279- 6 .4 2 .5 -1 .8 29-5 2 4 .6 1 2.9 7-1 1 | | I 6 3 .6 6 2 .8 60. 1 5 8 .6 2 .0 -1 .4 - 4 .3 -2 .6 1 0.9 7 .8 -1 .7 -6 .2 65883. 68435. 7021572056. 16.7 15.6 14-8 1 4.2 1 9 7 6 - Q 1 .............| - Q 2 ----- 1 - Q 3 .............1 - Q 4 ............. | 4302. 43594440. 4585. 83. 57. 81. 145. 109. 62. 220. 366. 2 .0 1-3 1.9 | | | 3.3 2 .6 1.4 5 .2 8 .7 | 5 7 .8 5 7 .3 57 .2 5 7.7 -1 .3 -0 .9 - 0 .1 0.8 - 9 .2 -8 .8 -4 .8 -1 .5 74412. 76105. 77608. 79480. 1 2.9 11 .2 1 0 .5 10.3 1 9 7 7 - Q l ---- . . | - Q 2 ..... 1 — Q 3 - . . . .. | - Q 4 .....| 4890. 52315494. 5619. 305340. 264. 125. 588. 871. 10541034. 6.6 13.7 2 3 .7 22-5 | | | | 5 8 .5 6 0 .4 6 1 .4 6 2 .0 1 .4 3 .2 1 .8 1.0 1.1 7 .0 5-0 2 .3 5 .4 7 .3 7 .5 83619. 86669. 89470. 90616. 12.4 13.9 15.3 14.0 1 9 7 8 - Q 1 ............. | - Q 2 ............. | - Q 3 .... | - Q 4 ............. ! 5602. 5678. 5801. 6014. -18. 77. 123. 213. 711. 448. 307. 395. -0 .3 1 .4 2 .2 3 .7 14 .5 8-6 5 .6 7 .0 | | | | 6 0 .9 6 0 .2 61-0 6 2 .4 -1 .8 - 1 .0 1.3 2 .2 4 .1 - 0 .2 -0 .6 0 .6 92020. 94257. 95052. 96432. 1 0.0 8 .8 6 .2 6 .4 1 9 7 9 - Q 1 .| - Q 2 ............ | - Q 3 .............1 - Q 4 .....| 6523. 7171. 7648. 8 3 9 1. 509. 648. 476. 74 3 . 922. 1493. 1847. 2377. 8-5 6 .6 9 .7 16 .5 2 6 .3 3 1 .8 3 9 .5 | | | 65. 1 68. 2 7 1.1 7 4 .3 4 .4 4 .7 4 .3 4 .5 7 .0 13. 1 16 .5 1 9 .2 100160. 105219. 107537. 112899. 8 .8 11.6 13. 1 17. 1 922898999852. 9619. 837. 671. -4 7. -233- 27052728. 2204. 1228. 10-0 7 .3 - 0 .5 -2 .4 4 1 .5 3 8 .0 2 8 .8 14.6 | | | | 78. 1 8 1 .3 78. 1 7 5 .4 5. 1 4.2 -4 .0 -3 .4 1 9 .9 19.3 9 .8 1 .5 118179. 121721. 126165. 127555. 18.0 15 .7 17.3 1 3.0 1 9 8 1 - Q 1 . . _____ t - Q 2 -------- J —Q3.............| - Q 4 ---------| 979810090. 10876. 11375- 179. 292785499. 570. 191. 1024. 1756. 1. 9 3 .0 7 .8 4 .6 6 .2 1 .9 10 .4 1 8.3 | J | 1 7 4 .4 7 3 .8 78. 1 8 0 .0 -1 .3 -0 .9 5 .9 2.4 -4 .7 -9 .3 0.1 6 .1 131649. 136804. 139186. 142169. 11.4 1 2.4 1 0.3 11 .5 1 9 8 2 —Q 1 . . . . . | - Q 2 .............1 - Q 3 ............. I 107999682. 84287129. -576-1117. -1254-1299- 1001-408. -2448. -4246. - 5 .1 -1 0 .3 -1 3 .0 - 1 5 .4 10 .2 - 4 .0 -2 2 .5 -3 7 .3 | | 7 5 .8 6 9 .0 6 1 .2 53. 0 -5 .3 -9 .0 - 1 1 .3 -1 3 .3 1 .8 -2 1 .7 -3 3 .7 142491. 140333. 137778. 134466. 8 .2 2 .6 - 1 .0 - 5 .4 1 9 7 0 - Q 1 ______ | - Q 2 .............1 - Q 3 ---------1 - Q 4 ---------| 1 0.5 14. 1 11.2 9 .2 -0.0 9.9 * * * * * * * * 20.0 1 ***** ***** i 1 9 8 0 - Q 1 ______ | - Q 2 ............. | - Q 3 ---------| - Q 4 .............| - Q 4 .... | 1 | | -6.5 22 TABLE 223-1Q FEDERAL LAHD BANKS LOANS CLOSED AND HEN NONET LOANED I 1 | M IL LI O N S | 1 OF | | DOLLARS | 1 1 1 ****** 1 9 6 4 —Q1 _____ . J ****** -Q2- .... „ | ****** - Q 3 ------- . | ****** - Q 4 ------- | QUARTER 1 9 6 5 - Q 1 _____ . - Q 2 ------- „ - Q 3 ------- . - Q 4 ------ LOANS CLOSED PERCENTAGE CHANGE FROM PREVIODS QUARTER .. YEAR NEN HONEY LOANED | AS PERCENTAGE OF | REPAYI LOANS OUT STAN DI NG* MENTS I | BILLIONS OF | DOLLARS I _ | | | 1 PERCENTAG E CHANGE FROM PR EV IOUS QUARTER * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | j | 183. 173. 161. 190. ***** -5 .6 -6 .8 18.3 * * * * YEAR * * * * * * * * * * * * * * * * | AS PERCENTAGE OF | REPAY 1 LOANS OUT 1 STAN DI NG* MENTS * * * * **** 5. 1 4 .6 5 .3 ***** 274. 283. 205. | | | | * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * | | | | 260. 237. 176. 214. 3 6 .7 - 9 .0 -2 5 .7 2 1 .7 4 2 .3 3 7 .2 9 .3 12.4 7 .0 6. 1 4 .3 5. 1 295. 342. 282. 204. 1 9 6 6 —Q 1 - . . . . . j - Q 2 ------- . | —Q 3 - t - . .j - Q 4 ------- | i 1 9 6 7 - Q1_____ _ | - Q 2 - . . . .J - Q 3 ------- „ | - Q 4 ------ | 1 1 9 6 8 - Q 1 _____ „ | - Q 2 „ ----- „ | - Q 3 ---- . - . | - Q 4 ------- | * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *** *** *** *** | | | | 300. 316. 238. 158. 4 0 .3 5 .3 -2 4 .7 -3 3 .8 15 .4 3 3 .6 3 5 .3 -2 6 .4 7 .0 7. 1 5 .0 3 .2 292. 455. 381. 157. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * **♦ *** *** *** * * * * * * * * * * * * * * * * * * * * | | | | 248. 259. 214. 277. 5 7 .2 4 .6 -1 7 .6 2 9 .7 -1 7 .5 -1 8 .0 -1 0 .3 7 5 .9 5 .0 5 .1 4 .0 5.1 265384. 319234. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *** *** *** *** | | | | 296. 253. 163. 190. 6 .7 -1 4 .3 -3 5 .6 16.7 19 .4 -2 .2 -2 3 .7 -3 1 .3 5 .3 4 .4 2 .7 3 .1 267. 343. 227. 148. 1 1 9 6 9 -Q 1 -..— . | - Q 2 ------- „ | -Q 3— - . | - Q 4 ------ _ j ****** ****** ****** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** * * * * * * * * | | | | 311. 319. 194. 162. 6 3 .5 2 .6 -3 9 .3 -1 6 .3 5 .2 2 6 .0 18 .8 -1 4 .7 5.1 5.1 3 .0 2. 4 261. 396. 264. 129. 1 9 7 0 - Q 1 _____ - Q 2 ------ - - J - Q 3 ------ - 1 - Q 4 ------- . I 27227 0.. 214. 261- ***** - 0 .8 -2 0 .6 2 1 .7 * * * * * * * * * * * * * * * * * * * * 4. 1 4 .0 3. 1 3 .7 235. 360. 279. 200. | | | | 235. 236. 184. 215. 4 5 .0 0 .4 - 2 2 .1 17 .0 -2 4 .4 -2 6 .0 -5 .0 3 2 .7 3 .5 3 .5 2 .6 3 .0 203315. 240165. 1971-Q 1„„. - -| - Q 2 .......... - | - Q 3 ------- - I - Q 4 - ------ 379. 428. 357. 391- 4 5 .3 13 .0 -1 6 .5 9 .5 3 9 .3 5 8 .5 6 6 .8 50-0 5 .3 5 .8 4 .7 5 .0 276. 422. 357. 245. | | | t 298. 333288. 310. 3 8 .2 12 .0 -1 3 .7 7 .9 2 6 .5 4 1 .2 5 6 .4 44. 1 4. 1 4 .5 3 .8 4 .0 217. 329288. 194- 1 9 7 2 - Q 1 _____ - I - Q 2 --------- | - Q 3 .......... - | - Q 4 ------- - | 503520. 557658. 2 8 .6 3 .3 7 .3 18 .0 32-8 2 1 .5 5 6 .0 6 8 .2 6 .4 6 .4 7 .5 277. 383. 459. 361. | | | | 404. 422. 445. 525. 30. 1 4 .5 5 .3 1 8.1 3 5 .7 2 6 .6 5 4 .5 6 9 .2 5. 1 5 .2 5 .3 6 .0 222. 311. 366. 288. 1 9 7 3 - Q 1 _____ - | - Q 2 --------- | - Q 3 ------- - | - Q 4 ------- - 1 861. 835. 719754- 3 0 .9 - 3 .0 -1 3 .9 4 .9 7 1.1 60-7 2 9 .0 1 4 .6 9 .5 8 .7 7. 1 7 .2 365. 476. 474. 342. | | | | 712. 685. 599. 643. 3 5 .5 -3 .7 -1 2 .6 7 .3 7 6 .2 6 2 .3 3 4 .8 2 2 .4 7 .8 7.. 2 5 .9 6. 1 302391395. 291. -| -| -| -| 931. 1045. 10 07. , 957. 2 3 .5 12.2 -3 .7 -4 .9 8-1 25. 1 4 0 .1 2 6 .9 8 .5 9. 1 8 .3 7 .4 337. 594. 652428. | | | | 796. 886. 855. 803. 2 3 .8 11.2 - 3 .5 -6 .0 1 1.9 2 9 .2 4 2 .6 2 4 .9 7 .3 7 .0 6 .2 288. 504553. 359. 1 9 7 5 - Q 1 _____ - | - Q 2 --------- | - Q 3 ---- - - - | - Q 4 --------. | 1184. 1148930. 957. 2 3 .7 - 3 .0 -1 9 .0 2 .9 2 7 .2 8.8 9.9 -7 .6 -0- 1 8. 1 6 .2 6 .2 444. 613. 516. 335- | | | | 990. 946. 760. 782. 2 3 .2 - 4 .4 -1 9 .7 2-9 7 .4 6 .7 5. 1 5-0 371. 505422. 274. 1 9 7 6 - Q 1 ______- | - Q 2 --------- J - Q 3 --------- | - Q 4 --------- | 1267. 12051011. 1102. 32 .5 -4. 9 -16. 1 9 .0 7 .0 4 .9 8 .7 15-2 7 .9 7 .2 5-8 6. 1 350. 459. 438. 334- | | | | 1048966. 810. 872. 34. 1 -7 .9 -1 6 .2 7 .7 1 1 .5 6 .5 5-8 4 .7 4 .8 289. 368. 351. 264. 1 9 7 7 - Q 1 ______. | - Q 2 ------- - | - Q 3 --------- I - Q 4 ------- . | 15 7 2 ., 1546. 12751226. 42-7 - 1 .7 - 1 7 .5 -3 .8 2 4 .0 2 8 .3 26. 1 1 1.3 8 .5 8 .0 6 .3 5. 9 336. 444. 428338. | | | | 1274. 1208. 981. 955. 46 .1 -5 .2 - 1 8 .8 -2 .6 21.. 5 2 5 .0 2 1 .2 9 .6 6 .9 6 .2 4 .9 4 .6 273. 347. 330. 263- 1 9 7 8 - Q 1 _____ - Q 2 ---- . . .-1 —Q3 . - . . .1 -Q 4 .— .- I 1555. 162 3.. 1397. 1439- 2 6 .8 4 .4 -1 3 .9 3 .0 -1. 1 5 .0 9 .6 17.3 7 .2 7 .3 6 .0 6 .0 327. 433. 481. 347. | | | | 1244. 1272. 1098. 1145. 3 0 .2 2 .3 -1 3 .6 4 .2 -2 .4 5 .3 11 .9 19.8 5 .8 5 .7 4 .7 4 .8 261. 339. 378. 276. 1 9 7 9 —Q1______„ | - Q 2 --------. | - Q 3 -------- . | - Q 4 ------ . | 2064. 2271. 18742183. 4 3 .4 10 .0 - 1 7 .5 16.5 3 2 .8 4 0 .0 34-1 5 1 .6 8 .4 6 .9 7 .7 414. 590. 593517. | f | | 1681. 1795. 1485. 1717. 4 6 .9 6 .8 - 1 7 .3 1 5.6 3 5 .2 41.1 3 5 .2 5 0 .0 6 .8 6 .9 5 .4 6 .0 337. 467. 470407. 1 9 8 0 - Q 1 _____ . | - Q 2 -------- Q 3 --------- | - Q 4 -------- . | 2901. 2942. 1827. 1950. 3 2 .9 1.4 -3 7 .9 6 .7 40-5 2 9 .6 -2 .5 -1 0 .7 9 .8 9 .3 5 .4 5 .6 568. 945. 594. 480. | | J | 2389. 2389. 1479. 1586. 39 .1 0 .0 - 3 8 .1 7 .2 42. 1 -7.7 8 .0 7 .6 4 .4 4 .5 468. 768. 481. 391. 1 9 8 1 - Q 1 ______- | - Q 2 -------- Q 3 -------- . | - Q 4 ------- . | 3080. 3234. 2612. 2449. 5 8 .0 5 .0 -1 9 .2 -6 .3 6 .2 4 3 .0 2 5 .6 8 .5 8 .5 6 .5 5 .8 611. 870. 925. 596. | | | | 2502. 26222105. 1966. 5 7 .8 4 .8 - 1 9 .7 -6.6 4 .7 9 .8 4 2 .3 2 4 .0 6 .9 6 .9 5-2 4 .7 496. 706. 746. 479. 1 9 8 2 - Q 1 ______.1 —Q2--------. | - Q 3 ............ - | - Q 4 --------. | I 2504. 2117. 135811 5 0 .. 2 .3 -1 5 .4 - 3 5 .9 -1 5 .3 -1 8 .7 -3 4 .5 -48-0 -5 3 .0 5 .7 4 .7 2-9 2 .4 435. 511. 326. 200. \ 1992. 1656. 1056902. 1.3 -1 6 .9 -3 6 .3 -1 4 .6 -2 0 .4 -3 6 .8 -4 9 .8 - 5 4 .1 4 .6 3 .7 2 .3 1 .9 346. 399. 253. 157. 1 9 7 4 - Q 1 _____ - Q 2 ------ Q 3 ---- ... - Q 4 ------- ****** 9.9 * LOANS OUTSTANDING AT END OF PBECEDING QUARTER- 6.6 8. 8 * * * * * * * * | | | 2 4 .3 6 .9 -11.1 -2 .7 5 .9 2. 0 6.6 33. 1 -0 .4 7.7 23 TABLE 223..2Q FEDERAL LAHD BANKS LOANS CLOSED AND NEB MONET LOANED SEASONALLY-ADJUSTED ANNUAL BATE I 1 | MIL LIO NS 1 OF | DOLLARS 1 J ****** 1 9 6 4 - Q 1 _____ _ | ****** - Q 2 ------ . j ****** - Q 3 ------ „ | ****** - Q 4 ------- | QUARTER LOANS CLOSED | | | 1 PERCENTAGE CHANGE FROM PREVIOUS OUARTER TEAR NEB MONET LOANED | AS PERCENTAGE OF | REPAY1 LOANS OUT 1 STAN DING* RENTS * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** | | 1 MI LL IO NS OF DOLLARS | | | 1 PERCENTAG E CHANGE FROM PR EVIOOS OUARTER | | | | 629. 613. 761. 892. | j | | 891. 836. 836. 1006. 1019. 1118. 1138. 737. 1 .4 9 .7 1 .8 - 3 5 .2 ***** -2 .7 2 4 .3 1 7.2 TEAR ***** ***** | AS PERCENTAGE OF | REPAY 1 LOANS OUT 1 STANDING* MENTS ***** ***** **** 18. 22. 25. * * * * * * * * * * * * * * * * * * * * 41 .6 3 6 .4 9 .8 1 2.7 24. 21. 21. 24. 291. 246. 252. 303. 1 4 .4 3 3 .8 36. 1 -2 6 .7 24. 25. 24. 15. 289. 329. 343. 230. 1 1 9 6 5 - Q 1 _____ - Q 2 ------- „ j - Q 3 ------ _ j - Q 4 ------- | * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 1 9 6 6 - Q 1 _____ „ | - Q 2 „ — . H| - Q 3 ------- „ | - Q 4 ------- „ | * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** | | | | .J _| . j „l * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *** *** *** *** | | | | 839. 912. 1026. 1296. 13 .9 8 .6 12.5 26-3 - 1 7 .6 -1 8 .4 - 9 .8 7 5 .8 17. 18. 19. 24. 262. 274. 288. 343. 1 9 6 8 - Q 1 _____ .. | - Q 2 ------ . 1 - Q 3 ------- _ j - Q 4 ------- 1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** | | | | 1014. 890. 787883. - 2 1 .8 - 1 2 .2 -1 1 .5 12.2 2 0 .8 -2 .4 -2 3 .2 - 3 1 .9 18. 15. 13. 15. 270246207. 214. 1 9 6 9 - Q 1 _____ .1 - Q 2 ------ -1 - Q 3 ------- . j 1 -Q 4- — * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** | | 2 | 1054. 1127. 930. 744. 1 9.3 6 .9 -1 7 .5 -2 0 .0 3 .9 26 .6 1 8 .1 - 1 5 .8 17. 18. 14. 11. 262. 287. 240. 182. * * * * * * * * * * * * * * * * * * * * 15. 15. 14. 16. 253. 276. 241. 262. | | | | 807. 843. 879. 973- 8 .5 4 .4 4 .3 1 0.7 - 2 3 .4 - 2 5 .2 - 5 .5 3 0 .8 12. 12. 13. 14. 208. 234. 218. 225. 1 9 6 7 - Q 1 _____ - Q 2 ------- Q 3 .......... - Q 4 ------ ***** ***** ***** ***** * * * * ***** -0. 1 -6 .2 0 .0 2 0 .3 .| >| -I .1 981. 994. 971. 1132. ***** 1 .4 - 2 .3 16 .6 1 9 7 1 - Q I _____ . | - Q 2 ------ Q 3 ------- . | - Q 4 ------- 1352. 1578. 1611. 1709. 1 9.4 16.7 2. 1 6 .0 3 7 .9 5 8 .7 6 5 .9 5 0 .9 19. 21. 21. 22. 298. 328. 306. 313. | | | | 1019. 1205. 1349. 1394. 4 .7 18 .2 1 2.0 3 .3 2 6 .2 4 2.9 5 3 .5 4 3 .3 14. 1618. 18. 224. 250256. 255. 1 9 7 2 - Q 1 ____ . | - Q 2 ------- Q 3 ------- -1 - Q 4 _____ . | 1811. 1917. 2507. 2880. 6 .0 5 .9 3 0 .8 14.9 33-9 2 1 .5 5 5 .6 6 8 .6 23. 23. 30. 33. 304. 301. 391. 440. | | | | 1406. 1540. 2061. 2336. 0 .8 9 .6 3 3 .8 13.3 3 8 .0 2 7 .8 5 2 .7 6 7 .5 18. 19. 25. 27. 236. 242. 322. 357. 1 9 7 3 —Q1_____ . | - Q 2 ------ - | - Q 3 ------- Q 4 ------ - | 3106. 3078. 3209. 3334. 7 .8 - 0 .9 4 .3 3 .9 7 1 .5 6 0 .6 2 8 .0 15-8 34. 32. 32. 32. 414. 381. 403. 410. | | | | 2502. 2518. 2740. 2860. 7. 1 0.6 8 .8 4 .4 78 .0 6 3 .5 3 2 .9 22-4 27. 26. 27. 27. 334. 312. 344. 351. 1 9 7 4 - Q 1 _____ . | - Q 2 ------- „ J - Q 3 ------- . 1 - Q 4 ------- . | 3360. 3844. 4477. 4240. 0 .8 14.4 1 6.5 - 5 .3 8 .2 2 4 .9 3 9 .5 27.. 2 3133. 37. 33. 389. 485. 552. 499. | | | | 2817. 3264. 3871. 3571. -1 .5 15-9 1 8.6 -7 .7 12 .6 2 9 .6 41 .3 2 4 .9 26. 28. 32. 28. 326. 412. 478. 421. 1 9 7 5 - Q 1 . _____ . | - Q 2 ------- . | - Q 3 --------_ | - Q 4 ------- . | I 1 9 7 6 - Q 1 _____ • | - Q 2 ------- . | - Q 3 ------- - | - Q 4 --------. | 4294. 4201. 4151. 4247. 1.3 -2 .2 - 1 .2 2 .3 2 7 .8 9 .3 -7 .3 0 .2 32. 30. 28. 27- 532503. 433. 395. | | | | 35203482. 3440. 3483. -1 .4 - 1 .1 -1 .2 1-3 2 5 .0 6 .7 -11. 1 -2 .5 26. 25. 23. 23. 436. 417. 359324. 4545* 4378. 4539. 4907. 7 .0 -3 .7 3 .7 8. 1 5 .8 4 .2 9 .4 15 .6 28. 26. 26. 27. 398. 381. 370. 387. i J | | 3682. 3536. 3674. 3906. 5 .7 -4 .0 3 .9 6 .3 4 .6 1 .5 6 .8 12.2 23. 21. 21. 22. 322. 308299. 3 08.. 1 9 7 7 —Q1______. 1 - Q 2 ------- . 1 - Q 3 --------. | - Q 4 ------- -1 5614. 5567. 5750. 5520. 14.4 -0 .8 3 .3 -4 .0 2 3 .5 2 7 .2 2 6 .7 12.5 30. 29. 29. 27. 3 8 .8 . 366. 371. 391. 1 | | J 4462. 4383. 4464. 4330. 1 4.2 -1 .8 1.8 -3 .0 2 1 .2 2 4 .0 2 1 .5 1 0.8 24. 23. 22. 21. 3 08.. 28 8 ,. 288307- 1 9 7 8 - Q 1 _____ . | - Q 2 --------,.| - Q 3 ______- | - Q 4 ------- . | 5573. 5814. 6394. 6525. 1 .0 4 .3 10.0 2 .0 -0 .7 4 .4 11.2 1 8 .2 26. 26. 28. 27. 375357. 418. 403. 1 | | | 4379.. 4584. 5072. 5237. 1. 1 4 .7 10.6 3 .3 - 1 .9 4 .6 1 3.6 2 0 .9 20. 21. 22. 22. 295. 282331. 323. 1 9 7 9 - Q 1 _____ - | - Q 2 -------- . 1 - Q 3 ------- . | - Q 4 --------- | 7371. 8085. 8594. 9875. 13-0 9 .7 6 .3 14.9 3 2 .3 39 .1 3 4 .4 5 1 .3 30. 31. 32. 35. 477. 483524. 59 5 .. | | | | 5886. 6442. 6869. 7837. 12.4 9 .4 6 .6 14. 1 3 4 .4 4 0 .5 3 5 .4 4 9 .7 24. 25. 25. 28- 381. 384419. 472. -| . | ,| . | 10421. 10386. 8396. 8778. 5 .5 -0 .3 -1 9 .2 4 .5 41. 4 2 8 .5 - 2 .3 -1 1 .1 35. 33. 25. 25. 665. 761. 52 5 .. 54 5.. | | | | 8406. 8496. 6847.. 7191. 7 .3 1.1 -1 9 .4 5 .0 4 2 .8 3 1 .9 -0 .3 -8 .2 28. 27. 20. 21. 53662342 8. . 447. 1 9 8 1 - Q 1 _____ . | - Q 2 --------. | - Q 3 ------- . j - Q 4 --------. | 11020. 31412. 12114. 11099. 25. 5 3 .6 6 .2 - 8 .4 5 .7 9 .9 4 4 .3 26-4 30. 30. 30. 26. 713. 695. 841. 696. | | | | 8755. 9369. 9819. 8988. 2 1 .8 7 .0 4 .8 -8.. 5 4 .2 10.3 4 3 .4 2 5.0 24. 25. 25. 21. 566571., 681564. 1 9 8 2 - Q 1 . ____ . | - Q 2 --------, | - Q 3 ------- . | - Q 4 --------. | 1 8919. 7469. 6298. 5196. -1 9 .6 -1 6 .3 - 1 5 .7 -1 7 .5 -1 9 .. 1 -3 4 .5 -4 8 .0 - 5 3 .2 20. 17. 14. 11. 504. 405. 292. 227. | | J | 6947. 5935. 4921. 4108. -2 2 .7 -1 4 .6 -1 7 .1 -1 6 .5 -2 0 .7 -3 6 .7 - 4 9 .9 - 5 4 .3 16. 13. 11. 9. 393. 3222 28. 180- 1 9 7 0 - Q 1 _____ - Q 2 ------ Q 3 ------- Q 4 ------ 1 9 8 0 - Q l _____ - Q 2 -------Q3— - Q 4 ------ * SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING QUARTER. 24 FEDEBAL LAND BANKS LOANS CLOSED AND NEW HONEY LOANED FOUR—QUARTER MOVING TOTAL TABLE 223.3Q 1 1. 1 YEAR | M IL LIO NS OF 1'NDING— | DOLLARS 1 1 1 1 ****** 1 9 6 4 - Q 1 .............| ****** - Q 2 ______ | ****** - Q 3 -------- 1 ****** - Q 4 .............| 1 il96 5 - Q 1 . . . . . . . | - Q 2 .............| - Q 3 .............| - Q 4 .............| 1 9 6 6 - Q 1 .............| - Q 2 .............| - Q 3 .............| - Q 4 .............1 i 1 9 6 7 - Q 1 ............. | - Q 2 .............1 - Q 3 ............. | -Q 4 ..„..,j l 1 9 6 8 —Q 1 . . . . . . | - Q 2 ............. | - Q 3 ............. J - Q 4 ------ „ | 1 9 6 9 - Q 1 .............1 - Q 2 ............. | - Q 3 .............| “ Q 4 - -------1 1 1 9 7 0 —Q1 -------- - I - Q 2 .............1 - Q 3 ............. | - Q 4 ............. | NEW MONEY LOANED LOANS CLOSED CHANGE FROM PREVIOUS YEAR j MILLIO NS OF DOLLARS | | PERCENT i AS PERCENTAGE OF LOANS OUT STAN DI NG* REPAY MENTS CHANGE FROM 1| PREVIOUS YEAR M IL L IO N S || OF |t DOLLARS || MI LL IO NS OF PERCENT 1 DOLLARS __ 1 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ****** ****** ****** 707. * * * * * * * * *** *** *** *** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 784. 848. 863. 887. ****** ****** ****** ***** ***** ***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 180. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ** *♦ ** ** ** ** ** ** ** ** ** * * * * * * * * 927. 1007. 1069. 1012. 143. 158. 205125. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** * * * * * * * * 960. 902878998. * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ** ** ** ** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ****** ****** ****** 1017- * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *** *** *** *** AS PERCENTAGE OF LOANS OUT ST AN DI NG* * * * * * * * * * * * * * * * * REPAY MENTS * * * * * * * * * * * * * * * * 2 5 .5 22. 23. 23. 22. 261. 276. 276. 273. 1 8.2 18.6 2 3 .8 1 4 .1 2324. 24. 22. 273. 297. 315. 302. 32. -104. -191. -15. 3 .5 - 1 0 .3 -1 7 .8 -1 .4 20. 18. 17. 19. 295. 279. 267. 288. 1045. 1040. 989. 902. 86. 137. 111. -95. 9 .0 15 .2 12 .7 - 9 .5 19. 19. 17. 15. 288. 281. 264. 234. * * * * 918984. 1014. 986. -128. -56. 25. 84. -1 2 .2 - 5 .4 2 .6 9 .3 15. 16. 16. 15. 233. 246. 252. 248. **** **** **** 15. **** **** **** 256. 911. 828. 818. 871. -7. -156. -197. -116. -0 .8 -1 5 .9 -1 9 .4 -1 1 .7 14. 12. 12. 13. 230. 212. 208. 219. * * * * 1 9 7 1 - Q 1 .............| - Q 2 ............. 1 - Q 3 .............1 - Q 4 .............| 1124. JI 28 2142515 5 5 .. ** **** ** **** ** *** * 538. ***** ***** ***** 52-9 16. 18. 20. 21. 268. 288. 304. 312. 933. 10301134. 1229. 23. 203. 316. 358. 2 .5 2 4 .5 3 8 .7 41-2 13. 14. 16. 16. 223. 231. 242. 247. 1 9 7 2 - Q 1 ______ | ~ Q 2 .............| - Q 3 --------- | - Q 4 .............| 1679. 1771. 1971. 2238. 556. 490. 547. 683. 4 9 .5 3 8 .2 3 8 .4 4 3 .9 22. 23. 24. 27. 309. 307. 329360. 1335. 1424. 1581. 1796. 402. 394. 447. 567. 43. 1 3 8 .2 3 9 .4 46 .1 17. 18. 20. 22. 246. 247. 264. 289. 19 7 3 - Q 1 . | - Q 2 ............. | - Q 3 .............| - Q 4 -------„ | 2596. 2912. 3073. 3169. 916. 1140. 1102. 931. 5 4 .6 6 4 .4 5 5 .9 41.. 6 30. 33. 33. 32. 385. 407. 412. 404. 2103. 2367. 2521. 2639. 768. 942. 940. 843. 5 7 .5 66 .2 5 9 .5 4 7 .0 24. 26. 27. 27. 312. 331. 338. 337. 1 9 7 4 - Q 1 -------- | - Q 2 ............. | - Q 3 --------- | - Q 4 ............. | 3239. 3449. 3737. 3940. 643. 537. 664. 771. 2 4 .8 1 8.5 2 1 .6 24 .3 32. 32. 33. 33. 393. 418. 451474. 2724. 2924. 3179. 3340. 620. 557. 658. 701. 2 9 .5 2 3 .5 26.1 2 6 .5 26. 27. 28. 28. 330. 354. 384. 402. 1 9 7 5 - Q 1 ............. | - Q 2 -------« | - Q 3 -------- | - Q 4 .............| 41934297. 4220. 4219. 954. 848. 483. 279. 2 9 .5 2 4 .6 1 2.9 7. 1 34. 33. 30. 29. 511. 516. 492. 459. 3533. 3594. 3499. 3478. 809. 670. 320. 138. 2 9 .7 2 2 .9 1 0.1 4.1 28. 27. 25. 24. 430. 432408. 378. 1 9 7 6 - Q 1 ______ | - Q 2 ............. 1 - Q 3 ------ „ | - Q 4 ............. | 1 1 9 7 7 - Q 1 . _____ | - Q 2 .............| - Q 3 „ -------1 - Q 4 ............. J 1 1 9 7 8 - Q 1 ______ | - Q 2 ............. | - Q 3 .............| - Q 4 -------- | 1 1 9 7 9 -Q 1 ....-1 - Q 2 ............. | - Q 3 - ------- | - Q 4 .............| 4302. 4359. 4440. 4585. 109. 62. 220. 366. 2 .6 1.4 5 .2 8 .7 28. 28. 27. 27. 424. 400. 389. 387. 3536. 3556. 3605. 3696. 3. -39. 106. 218. 0.1 -1 .1 3 .0 6 .3 23. 23. 22. 22. 348. 326. 316. 312. 4890. 52315494. 5619. 588. 871. 1054. 1034. 1 3 .7 2 0 .0 2 3 .7 2 2 .5 28. 29. 29. 28. 379. 380. 381. 381. 3921. 4163. 43354418. 385. 608. 729. 723. 10.9 17. 1 2 0 .2 1 9.6 22. 23. 23. 22. 304. 303. 300. 299. 5602. 5678. 5801. 6014. 711. 448. 307. 395. 1 4 .5 8 .6 5 .6 7 .0 27. 27. 26. 27. 377. 376. 386. 386. 4388. 4452. 4569. 4758. 466. 289. 234. 340. 1 1 .9 6 .9 5 .4 7 .7 21. 21. 21. 21. 296. 295. 304. 306. 6523. 7171. 7648. 8391. 922. 1493. 1847. 2377. 16 .5 26 .3 3 1 .8 3 9 .5 28. 29. 30. 32. 413. 452. 474. 518. 5195. 5719. 6106. 6678. 808. 1267. 1536. 1920. 18.4 2 8 .4 3 3 .6 4 0 .4 22. 23. 24.. 25. 329. 360. 378. 412. 1 9 8 0 - Q 1 ______ I - Q 2 ............. | " Q 3 .............1 - Q 4 .............| 1 1 9 8 1 -Q 1 ..„_ ~ | - Q 2 .............J -Q 3 ....- I - Q 4 ............. | 9228. 9899. 9852. 9619. 2705. 27282204. 1228. 4 1 .5 3 8 .0 2 8 .8 14 .6 33. 34. 32. 30. 565. 635. 635. 626. 7386. 7980. 7974. 7842- 2190. 2262. 1868. 1164. 4 2 .2 3 9 .5 30 .6 17.4 27. 27. 26. 24. 452. 512. 514. 511. 9798. 10090. 10876. 11375. 570. 191. 1024. 1756. 6 .2 1.9 1 0 .4 1 8 ..3 29. 28. 29. 29. 641. 635. 695. 725- 7955. 8188. 8814. 9194. 569. 208. 840. 1352. 7 .7 2 .6 1 0.5 1 7.2 23. 23. 24. 24. 520. 515. 564. 586. 1 9 8 2 - Q 1 ............. | - Q 2 ............. | - Q 3 ......J - Q 4 .............| 10799. 9682. 8428. 7129. 1001. -408. -2448. -4246. 10.. 2 -4 .0 - 2 2 .5 - 3 7 .3 26. 23. 19. 16. 658. 575. 464. 360- 86857719. 6669. 5606. 729. -470. -2145. -3588. 9 .2 - 5 .7 -2 4 .3 -3 9 .0 21. 18. 15. 12. 530. 459. 367. 283. 1 * AVERAGE LOANS OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF END-OF-QUARTER DATA) 25 TABLE 224.IQ FEDEBAL LAND BASKS REFINANCING AND BEPAYHEMTS QUABTEB I 1 1 1 | MILLIONS | 1 OF | | DOLLABS | I 1 1 . | ****** „ J ****** „| ****** B| ****** 1 . | ****** .j ****** . | ****** .j ****** 1 . | ****** . | ****** . J ****** | ****** BEFIMAMCIMG OF FEDEBAv LAND BANK LOAMS PEBCEMTAGE CHANGE FBOH PBEVIOUS QUABTEB YEAB BEPAYHEMTS AS PEBCEMTAGE OF | | LOAMS BEPAYHEMTS 1 LOAMS OU TCLOSED | STANDING* AMD FEFINANCING I MILLIONS | OF | DOLLABS | 1 PEBCEMTAGE CHANGE FBOH PBEVIOUS QUABTEB YEAB | AS | PEBCEMTAGE OF 1 | LOAMS OUT 1 STANDING" ***** ***** ***** ***** ***** ***** ***** ***** **** **♦♦ **** ***♦ ***♦ **♦♦ **** **** **** **** **♦* **** ****** 63 . 57. 93. ***** ***** -9 .7 6 3 .3 ***** ***** ***** ***** ♦ *** 1.9 1.6 2 .6 ***** ***** ***** ***** ***** ***** ***** ***** **** **** **♦* ♦*** **** **** ♦*** **** **** **** **** **** 88. 6 9. 62 . 105. -5 .2 -2 1 .4 -1 0.0 6 7 .9 ***** 10.0 9 .6 12.7 2 .4 1. 8 1.5 2 .5 ***** ***** ***** ***** ***** ***** ***** ***** **** ***♦ **** *♦** **** **** **♦* *♦** **** **** **** **** 103. 69. 62. 101. -1 .8 -3 2 .5 -1 0 .2 61.1 16.7 0.2 0 .0 -4 .0 2 .4 1.6 1.3 2 .1 ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** ***♦ **♦* **** ♦*** *♦** ♦**♦ **** **** ***♦ **♦* 93. 67. 6 7. 118. -7 .2 -2 7 .8 -0 .6 7 6.9 -9 .3 -3 .0 7 .3 17 .8 1.9 1.3 1 .3 2.2 ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** ♦*** **** *♦** **♦* **** **** **** ♦*** **** **** *♦*♦ **** 111. 7 4. 72. 129. -6 .6 -3 3.2 -2 .9 7 9. 3 1 8.5 9 .7 7.2 8 .7 2.0 1.3 1.2 2. 1 ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** *♦♦* ♦♦♦♦ *♦*♦ **** **♦* **** **** ♦♦*♦ **** **** **** ***♦ 119. 81. 73. 125. -7 .4 -3 2 .5 -8 .9 7 0. 9 7.8 8.9 2.2 -2 .6 1. 9 1. 3 1.1 1. 9 37. 34. 30. 45. ***** -8.11 -J0 .4 5 0. 0 ***** ***** ***** ***** 0 .5 0.5 0.4 0.6 13. 13. 14. 17. 24. 31. 28. 26. 116. 7 5. 77. 130. -7 .6 -3 5.3 2 .4 7 0 .0 -2 .9 -7 .0 4 .5 4 .0 1.7 1.1 1.1 1.8 81. 94. 70. 81. 7 8.9 16 .5 -2 6 .3 16.0 120.8 180.0 130.3 7 8.. 2 1.1 1.3 0 .9 1.0 21. 22 . 19. 21. 37. 48. 41. 34. 137. 101. 100. 160. 5 .2 -2 6 .2 *1.3 6 0 .0 18 .5 35.2 3 0 -3 2 2 .6 1.9 1.4 1.3 2 .1 99. 98. 113. 133. 2 2 .8 -1 .7 15.8 17 .6 2 2 .3 3 .2 6 2 .2 6 4 .4 1 .3 1.2 1.3 1 .5 20. 19. 20. 20 . 35. 42. 48. 42. 182. 136. 121. 182. 13.6 -2 5 .3 -1 0.5 4 9. 9 3 2 .4 3 4 .0 2 1 .5 13.8 2.3 1. 7 1. 4 2 .1 1973-Q1_____ .1 - Q 2 ---------.| -Q 3 ----------.| - Q 4 ----------.| 149. 150. 120. 111. 12.4 0.5 -2 0 .2 -7 .2 5 0.5 5 3 .8 6.0 -1 6 .3 1.6 1 .6 1. 2 1.1 17. 18. 17. 15. 39 . 46 . 44. 33. 236. 175. 152. 221. 2 9. 5 -2 5 .6 -1 3 .6 4 5 .5 2 9 .7 2 9 .3 2 4 .9 2 1 .3 2.6 1.8 1 .5 2 .1 1974-Q1_____ .| - Q 2 ---------..| -Q 3 ----------.| - Q 4 -------- .| 135. 159. 152. 154. 2 1 .3 18.3 -4 .6 1.1 -9 .7 6 .3 2 7. 2 3 8 .6 1 .2 1. 4 1.3 1.2 14. 15. 15. 16. 33. 48. 50. 41. 277. 176. 154. 224. 25 .3 -3 6 .4 -1 2.1 4 4.7 17.3 0 .2 1 .8 1 .2 2 .5 1 .5 1.3 1.7 1 9 7 5 - Q 1 . . . . .| -Q 2 ----------.| - Q 3 --------- . J - Q 4 --------- .1 195. 202. 170. 175. 2 6 .5 3 .7 -1 5 .7 2.9 4 4 .4 2 6 .6 11 .8 13 .7 1 .4 4 .4 1.1 1.1 16. 18. 18. 18. 42. 52. 49. 38. 267. 187. 180. 286. 19.4 -2 9 .8 -3 .8 5 8. 6 -3 .5 6.6 16.6 2 7 .8 2 .0 1.3 1.2 1.8 1976-Q1_____ .1 - Q 2 --------- ..| - Q 3 ----------»| - Q 4 --------- .| 219. 239. 201. 230. 2 5 .2 9 .2 -1 5 .9 14.2 12 .5 18 .5 1 8. 3 3 1 .4 1. 4 1 .4 1. 2 1 .3 17. 20. 20. 21 . 38. 48. 47. 41. 362. 262. 231. 330. 2 6.7 -2 7 .5 -1 2.1 4 3 .0 3 5 .7 40. 1 2 8 .0 15 .4 2 .3 1.6 1.3 1.8 1977-Q1_____.| - Q 2 --------- . | - Q 3 --------- . | - Q 4 -----------| 298. 338. 294. 271. 2 9 .6 13.4 -1 3 . 1 -7 .7 36.0 4 1 .2 4 5 .9 17 .8 1 .6 1.7 1 .5 1.3 19. 22. 23. 22. 39 . 49 . 50. 43. 467. 348. 298363. 4 1.7 -2 5 .5 -1 4 .5 21 .9 29. 1 3 2 .6 2 9 .0 10.0 2 .5 1.8 1.5 1.7 1978-Q1_____ . | - Q 2 . . . . .| - Q 3 . ___ .| - Q 4 --------- . | 311. 351. 299. 295. 14.7 12.8 -1 4 .7 -1 .5 4 .3 3 .8 1.9 8.7 1.4 1 .6 1 .3 1. 2 20. 22 . 21. 20. 40. 48. 51. 42. 476. 375. 290.. 415. 3 1. 2 -2 1 .2 -2 2 .6 43.1 1.8 7.7 -2 .5 14.4 2 .2 1.7 1.3 1. 7 1979-Q1____ .| - Q 2 -------- .| - Q 3 --------- . | - Q 4 -------- .| 383. 476. 389. 465. 3 0. 0 2 4 .2 -1 8 .3 19 .7 2 3 .2 3 5 .6 2 9 .9 5 7. 9 1. 6 1.8 1.4 1. 6 19. 21. 21. 21. 43. 55. 55. 52. 498. 385. 316. 422. 19.9 -2 2 .8 -1 7.9 3 3. 6 4.6 2 .6 8.9 1. 7 2 .0 1 .5 1.2 1 .5 1980-Q1____ .| - Q 2 --------- .| " Q 3 -------- .| - Q 4 -------- .| 512. 553. 348. 364. 10.1 7.9 -3 7. 1 4 .7 3 3 .7 16.2 -1 0 .5 -2 1 .8 1 .7 1.7 1.0 1. 0 18. 19. 19. 19. 50. 64. 53. 47. 511. 311. 308. 406. 2 1. 0 -3 9.1 -1 .1 31.9 2.6 -1 9 .1 -2 .6 -3 .8 1.7 1.0 0 .9 1.2 1 98 J-Q 1 -------- Q 2 -------- Q 3 ........ - Q 4 -------- . | .| . | .| 578. 612. 507. 483. 5 8 .9 5.8 -1 7 .1 -4 .8 12.9 1 0.7 4 5 .9 32.7 1. 6 1.6 1 .3 1. 1 19. 19. 19. 20. 53.. 62 . 64. 54. 504. 372. 282. 411. 2 4 .2 -2 6 .3 -2 4 .0 4 5. 5 -1 .3 1 9.4 -8 .3 1. 2 1.4 1.0 0 .7 1.0 1982-Q1-------- .| - Q 2 -------- . | - Q 3 -------- . ] - Q 4 ---------. | 512. 461. 302. 248. 6.0 -9 .9 -3 4 .4 -1 8.il -1 1 .5 -2 4 .7 -4 0 .4 -4 8 .7 1.2 1.0 0.7 0.5 20. 22. 22. 22- 47. 53. 42. 30. 576. 415. 417. 574. 40.2 -2 8 .0 0.6 3 7 .7 14.2 1 1.6 4 7 .8 3 9. 9 1.3 0 .9 0 .9 1.2 1964-Q1____ - Q 2 -------- Q 3 --------Q 4 . . . . 1965-Q1____ - Q 2 --------Q 3 ......... -Q 4 -... 1966-Q1____ - Q 2 -------- Q 3 -------- Q 4 -------- 1 1967-Q1____ . | -Q 2 --------- _ | - Q 3 -------- „ j - Q 4 -------- | 1 1968-Q1____ _ | - Q 2 -------- . j - Q 3 -------- „ j - Q 4 -------- j 1 1969-Q1____ . J - Q 2 -------- . ] - Q 3 -------- . | - Q 4 -------- j 1 1 9 7 0 -Q l ____ - 1 - Q 2 -------- .| -Q 3 -------- .1 - Q 4 -------- .1 1 1971-Q1____ .1 - Q 2 . . . . .1 - Q 3 -------- - i - Q 4 -------- .| I 1972-Q1____ .| - Q 2 -------- .| - Q 3 -------- .| - Q 4 -------- .| ____ * LOAMS OUTSTANDING AT EHD OF PBECEDIMG QUABTEB. "REFINANCING OF FEOEBAL LAMO BANK LOAMS" IS COMPUTED AS LOAMS CLOSED LESS NEB HOMEY LOANED. "BEPAYHEHTS" ABE COMPUTED AS HEM HOMEY LOANED LESS THE CHANGE IN LOAMS OUTSTANDING. 26 TABLE 224.2Q PEDEEAL LARD BARKS BEFIHAHCIKG AND BEPATRERTS SEASORALLT—ADJUSTED AUSUAL RATE 1 1 1 I QUARTER | MILLIONS | OF | 1 DOLLARS | ___l _____________ l 1 1964— Q1. . . . . . | ****** ****** - Q 2 ........... | ****** - Q 3 -----------| ****** - Q 4 ...........| REFINANCING OF FEDERAL LAND BANK LOANS PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR | REPAYMENTS AS PERCENTAGE OF | LOANS OU T \ STANDING* LOANS CLOSED REPAYMENTS AND REFINANCING 1 MILLIONS | OF | DOLLARS | 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER YEAR | AS | PERCENTAGE | OF | LOANS O U T 1 STANDING* ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** •*** **** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** 19 6 5 -Q 1______ | - Q 2 -----------I - Q 3 ...........| -Q 4 ........... | ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **•* **** **** **** **♦* **** **** **** **** *♦** **** **** 306. 33 9. 332. 332. ***** 10.8 -2 .2 0.1 ***** ***** ***** ***** 8 .2 8 .7 8 .2 8 .0 1 9 6 6 - Q 1 . . ___ | ~ Q2 .......... | - Q 3 ---------,1 - Q « ...........i ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** *♦** **** **** **** **** **** **** **** **** 353. 340. 332. 320. 6.2 -3 .7 -2 .3 -3 .6 15.2 0. 1 0. 1 -3 .6 8.2 7 .6 7. 1 6.6 1967-Q1...........| - Q 2 ...........| - Q 3 ........... 1 - Q 4 ........... 1 ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 320. 333356. 378. 0.1 3.9 7.1 6.0 -9 . 1 -2 .0 7.4 18 -0 6.4 6.5 6.8 7 .0 1968-Q1........... | - Q 2 ...........i - Q 3 ........... | - Q 4 .......... | ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** *♦** **** **** **** **** **♦* **** **** **** **** *♦** **** 376. 362. 380. 413. -0 .4 -3 .7 4. 9 8 .7 17.4 8.8 6.7 9.4 6 .7 6 .2 6.4 6 .8 196 9-Q1 ______| - Q 2 ...........1 - Q 3 ...........1 - Q 4 ........... 1 ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 403393. 3 87 . 408. -2 .5 -2 .4 -1 .6 5 .6 7. 1 8-5 1.7 -1 .2 6.5 6.2 5 .9 6 .1 1970-Q1______ | - Q 2 .......... 1 - Q 3 ........... 1 - Q 4 ...........| 129. 124. 141. 195. ****** -3 .6 13.2 3 8 .4 ***** ***** ***** ***** 1.9 1. 8 2 .0 2.8 13. 13. 14. 17. 2526. 26. 31. 388. 361. 404. 433. -5 .0 -7 .0 12.0 7 .2 -3 -7 -8 .2 4 .4 6.0 5 .7 5 .3 5 .8 6. 1 1971-Q1...........| - Q 2 ........... I - Q 3 ...........| - Q 4 ----------- | 266. 347. 322. 353. 4 6.7 2 1 .4 -7 .3 9.8 121.5 179.0 128.4 8 1 -3 4.0 4.7 4.3 4 .6 21. 22. 20. 21. 39. 42. 38 . 39. 454. 481. 527. 547. 5 .0 5 .9 9 .6 3 .7 17.1 3 3 .3 3 0 .5 2 6 .3 6.3 6 .5 7.0 7 .1 1972-Q1______| - Q 2 ........... 1 -Q 3 .....I - Q 4 ........... | 357. 357. 517. 573. 1.2 -0 .2 4 4 .8 10.8 25-1 2 .8 6 0 -7 62.1 4 .5 4.4 6-2 6.6 20. 19. 2120 . 3836 . 4547. 595638. 640. 655- 8 .9 7.2 0.4 2 .3 3 1 .0 3 2 .6 2 1 .5 19.8 7 .5 7.8 7 .6 7.5 1973-Q1______ | - Q 2 ........... | - Q 3 ........... | - Q 4 ........... 1 1 1974-Q1...........| - Q 2 ...........1 - Q 3 ...........j - Q 4 ----------- 1 546. 546. 539. 487. -4 .6 -0 .0 -1 .3 -9 .7 5 2 .8 53 -1 4.3 -1 5 .0 6.0 5 .7 5.4 4.6 1818. 17. 15. 42. 40. 40. 37 . 750808. 797. 814. 14-5 7 .7 -1 .3 2 .0 2 6 .0 2 6 .7 2 4 .5 2 4 .2 8 .2 8.4 7.9 7-8 500. 577. 672. 669. 2.7 15.5 16 .5 -0 .4 -8 .5 5 .7 24.8 3 7 -6 4 .5 5.0 5 .5 5.2 151515. 16- 37. 42. 45. 44. 864. 792. 810. 849. 6 .3 -8 .4 2.3 4 .8 15 .2 -1 -9 1 .7 4.3 7.9 6.9 6 .7 6.6 1975-Q1........... | - Q 2 ...........| - Q 3 ----------- 1 -Q4 ...........| 737. 724. 743. 772- 10. 1 -1 .8 2 .6 3.9 4 7 .5 2 5 .5 10 .5 15-3 5-5 5. 1 5 -0 5 .0 171718. 18. 48. 46 . 44. 42. 808. 835. 958. 1076. -4 .9 3 .4 14.6 12.3 -6 .6 5 .4 18. 1 2 6 .7 6 .0 5 .9 6 .4 7 .0 1976-Q1______| - Q 2 ...........1 - Q 3 ........... 1 - 0 4 .......... | 831. 849. 877. 1023- 7.6 2 .2 3.2 16.7 12-7 17 -3 A8 - 0 3 2 -5 5 .2 5. 1 5- 1 5 .7 1819. 1921- 42. 43. 42. 45. 11431148. 1228. 1268. 6.3 0.5 7 .0 3 .2 4 1 .5 3 7 .5 2 8 .3 17.9 7.1 6.9 7.1 7. 1 197 7-Q1 ______| —Q2----------- | - 0 3 ...........J —Q4.. . . . | 1124. 1188. 1279. 1223. 9 .8 5.8 7.6 -4 .4 3 5 -3 4 0 .0 4 5 .9 19-6 6.0 6.1 6.4 5.9 20. 2122. 22. 44. 44. 45. 46. 1446. 152315501412. 14. 1 5. 3 1.8 -8 .9 2 6 .6 3 2 .6 2 6 .2 11-4 7.8 7.9 7 .7 6.8 1978-Q1----------- | - Q 2 ...........| - Q 3 ........... | —Q4...........| 11751225. 1317.. 1337. -4 .0 4 .3 7 .6 1.5 4 -5 3.1 3 .0 9 .3 5 .4 5 .5 5 .7 5 .6 21. 21. 21. 20. 44. 43. 46. 45. 1485. 1628. 1530. 1620. 5 .2 9 .6 -6 .0 5 .9 2 .7 6 .9 -1 -3 14.7 6-9 7.3 6.7 6.8 1979-Q1______ | — Q2-------- -| - Q 3 ...........| - 0 4 ...........| I 1980— Q1........... J - Q 2 ...........| - Q 3 -----------1 - 0 4 ........... 1 1446. 1648. 1732. 2122. 8 .2 14.0 5 .1 2 2 -5 2 3-1 3 4 .6 3 1 .5 5 8.7 5.8 6 .4 6 .4 7.5 20. 20. 20. 21. 48. 50S I. 56. 15451675. 1639. 1661. -4 .6 8 .4 -2 .2 1.3 4.0 2 .9 7- 1 2.5 6.2 6-5 6- 1 5.9 1947. 19051555. 1663. -8 .3 -2 . 1 -1 8 .4 7.0 34.6 15.6 -1 0 .2 -2 1 .6 6.5 6 .0 4.7 4.8 19. 1819. 19. 55. 58. 49. 51. 1568. 1364. 1599. 1609- -5 .6 -1 3 .0 17.3 0.6 1 .5 -1 8 .6 -2 .4 -3 .1 5 .2 4 .3 4.8 4.6 1981-Q1...........| - Q 2 ...........| -Q 3 ----------- 1 - 0 4 ........... 1 ! 1 9 8 2 - Q 1 . . ___ | - Q 2 .......... | - Q 3 ........... | - Q 4 .......... 1 I 2178. 2103. 22902219. 3 1.0 -3 .4 8 .9 -3 .1 11-9 10.4 4 7 .3 3 3 -4 6 .0 5 .7 5 .3 2018. 19. 20. 58. 5661. 58. 1546. 164214411594. -3 .9 6.2 -1 2 .2 10.6 -1 .4 2 0 .4 -9 .9 -0 .9 4.3 4-3 3 .6 3.8 1896. 1581. 1375. 1137. -1 4 .6 -1 6 .6 -13. 1 -1 7 .3 -1 3 .0 -2 4 .8 -4 0 .0 -4 8 .8 4.3 3.5 3.0 2.4 21. 21. 22.. 22. 52. 46. 3933. 17681846. 21592288. 10.9 4.4 17.0 6.0 14 .4 12 .4 4 9 .8 4 3 .5 4 .0 4. 1 4.7 4 .9 5-5 * SEASONALLY-ADJUSTED LOANS OUTSTANDING AT END OF PRECEDING QUARTER. "REFINANCING OF FEDERAL LAND BANK LOANS" IS COMPUTED AS LOANS CLOSED LESS NEB HONEY LOANED, AND THER SEASONALLY ADJUSTED. "REPAYMENTS" ARE COMPUTED AS NEB HONEY LOANED LESS THE CHARGE IN LOANS OUTSTANDING, AND THEN SEASONALLY ADJUSTED. 27 TABLE 2 2 4-3Q FEDEBAL LAND BANKS REFINANCING AND REPAYMENTS FOUR-QUARTER MOVING TOTAL 1 i 1 | M ILLIONS YEAR ENDING— | OF | DOLLARS 1 1 1 1 9 6 4 -Q 1 _____ ..J * * * * * * -Q 2 -------- . | * * * * * * ****** - Q 3 -------Q 4 -------- | * * * * * * 1 ****** 1 9 6 5 -Q 1 _____ -Q 2 -------- „ | * * * * * * - Q 3 -------- . J * * * * * * -Q 4 — - . | * * * * * * 1 1966—Q 1 - . . . , | * * * * * * ****** “ Q 2— . -Q 3 - — „ | * * * * * * . ( ****** - Q 4 ------- REFINANCING OF FEDERAL LAND BANK LOANS REPAYMENTS CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS ****** ****** ****** ****** I AS PERCENTAGE OF I 1 LOANS REPAYMENTS 1 LOANS OUTPERCENT 1 STANDING* CLOSED AND REFINANCING | ***** **** **** **** ***** **** **** **** ***** **** **** **** ***** **** **** **** CHANGE FROM 1| MILLIONS 1| PREVIOUS YEAR OF |I DOLLARS | M ILLIONS OF PERCENT 1| 1I DOLLARS ****** ****** ***** ****** ****** ***** ****** ****** ***** ****** ****** ***** || AS |I PERCENTAGE OF I| I| LOANS OUT| STANDING* I1 **** **** **** **** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 301. 307. 313. 325. ****** ****** ****** ****** ***** ***** ***** ***** 8 .4 8 .3 8 .2 8 .2 ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 339. 339. 339. 335- 38. 32. 27. 11. 1 2 .7 1 0 .4 8 .5 3 .3 8 .3 8 .0 7 .7 7 .3 1 9 6 7 - Q 1. . . . .. J - Q 2 ------- „ | - Q 3 ------- . j -Q 4 — - - j 1 1 9 6 8 -Q 1 _____ „ j - Q 2 ------- . j -Q 3 ........... . | - Q 4 ------- j ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 326. 324. 328. 346. -1 4 . -1 6 . -1 1 . 11. - 4 .0 - 4 .6 -3 -3 3 .3 6 .8 6 .6 6 .5 6 .7 ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 363. 370375. 385- 38. 46. 47. 39. 1 1 .6 1 4 .3 14. 2 1 1 .3 6 .8 6 .7 6 .6 6 .6 1 9 6 9 -Q 1 _____ . J -Q 2 — - _ | -Q 3 -------- . J -Q 4 -------- | ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** 394. 400. 402. 399. 30. 30. 27. 13. 8 .3 8 .2 7 .2 3 .5 6 .6 6 .5 6 .4 6 .2 1 9 7 0 - Q 1 . .. ,. „ | -Q 2 -------- . | -Q 3 -------- . j -Q 4 — . . . . | ****** ****** ****** 146. ****** ****** ****** ****** ***** ***** ***** ***** **** **** **** 2 .1 **** **** **** 14. **** **** **** 27. 395. 389. 393. 398. 1. -1 1 . -9 . -1 . 0 .3 - 2 .7 - 2 .3 - 0 .2 6 .0 5 -8 5 .8 5 .8 1 9 7 1 -Q 1 ___ , _ - | - Q 2 -------Q 3 ---------- | -Q 4 ---------- | 190. 251. 291. 326. ****** ****** ****** 180. ***** ***** ***** 1 2 3 .2 2 .7 3 .5 4 .0 4 .4 17. 20. 20.. 21. 31. 36. 38. 40. 419. 446. 469. 498. 24. 56. 76. 101. 6- 1 1 4 .4 1 9 .4 2 5 .3 6 -0 6 .2 6 .4 6 .7 1 9 7 2 -Q 1 _____ - | -Q 2 — . . . .1 - Q 3 ---------- | -Q 4 ---------. | 344. 347. 390. 442- 154. 96. 100. 116. 8 0 .7 3 8 .2 3 4 .4 3 5 .7 4 .5 4 .4 4 .8 5 .3 20. 20. 2020. 39. 38. 39. 42- 543. 577. 599. 621. 124. 132. 130. 123. 2 9 .5 2 9 .6 2 7 .7 2 4 .6 7. 1 7 .4 7 .4 7 .5 1 9 7 3 -Q 1 ______„ | -Q 2 ---------- | -Q 3 --------- | -Q 4 „ . . . . | 492. 545. 552. 530- 148. 198. 16188. 43. 1 5 7 .0 4 1 .3 1 9 .8 5 .7 6. 1 5 .9 5 .4 19. 19. 18. 17. 4243. 43. 40. 675. 715. 745784. 132. 138. 146. 163. 2 4 .3 2 3 .8 2 4 .4 2 6 .2 7 .8 8 .0 8 .0 8 .0 1 9 7 4 -Q 1 _____ .1 - Q 2 . -------. | - Q 3 ..------ - | -Q 4 ---------. | 516. 525. 558. 600. 23. -2 0 . 6. 70. 4 .7 - 3 .7 1. 1 1 3 .3 5 .0 4 .9 4 .9 5. 1 16. 15. 15. 15- 38. 394042. 825. 825. 828. 830. 150. 110. 83. 47. 2 2 .2 1 5 .4 1 1 .1 6 -0 8 .0 7 .7 7 .3 7 .0 1 9 7 5 -Q 1 ______. | -Q 2 ---------- | ~ Q 3 ------ -. | - Q 4 - ------- 660. 703. 721. 742. 145.. 178. 163. 141. 2 8 .1 3 3 .9 2 9 -3 2 3 .5 5 .3 5 .3 5 .2 5. 1 16. 16. 17. 18. 45. 46. 4645- 821. 832. 858. 920. -4 . 7. 30. 90. - 0 .5 0 .9 3 .7 1 0 -8 6 -6 6 -3 6 .2 6 .3 1 9 76 —Q 1«____ ..J -Q 2 ---------- | -Q 3 -------- . | -Q 4 ---------- | 1 1 9 7 7 —Q 1 . . . .. . | -Q 2 ------- .J -Q 3 -------- . | -Q 4 -------- . | 766. 804. 835. 890. 106. 101. 114. 148. 1 6 .0 1 4 .3 1 5 .8 1 9 .9 5 .1 5. 1 5. 1 5 .2 18. 1819. 19. 43. 42. 4243. 1015. 1091. 1141. 1185- 195. 258. 283. 265- 2 3 .7 3 1 .0 3 3 .0 2 8 .8 6 .7 6 .9 7 .0 7 .0 969. 1067. 1160. 1201. 202. 264. 325. 311- 2 6 .4 3 2 -8 3 8 .9 3 5 .0 5 .5 5 .8 6. 1 6. 1 20. 20. 21. 21- 43. 44. 4545. 1291. 1376. 14431476. 275. 286. 302. 291. 27. 1 2 6 .2 2 6 .5 2 4 .6 7 .3 7 .5 7 .6 7 .5 1 9 78 —Q !.......... . J -Q 2 --------- Q 3 ---------Q 4 ---------. | 1214. 1226. 1232. 1256. 245. 159. 72. 55- 2 5 .3 1 4 .9 6 .2 4 .6 5 .9 5 .8 5 .6 5 .5 22. 2221. 21. 45. 45. 45. 45- 14851512. 1504. 1557- 194. 135. 61. 80. 1 5 .0 9 -8 4 .2 5 .4 7 .3 7. 1 6 .9 6 -9 1 9 7 9 -Q 1 ______. | —Q2---------Q 3 ---------- | -Q 4 .. . . . | I 1 9 8 0 -Q 1 _____ .1 -Q 2 ---------. | - Q 3 ------- . j -Q 4 ---------.. | 1328. 1453. 1542.. 1713. 114. 226. 310. 457. 9 .4 1 8 .5 2 5 .2 3 6 .4 5 -7 6 .0 6. 1 6. 5 20. 20. 20. 20. 4648. 49. S I- 1579. 1588. 1614. 1621- 94771 1Q64. 6 .3 5. 1 7 .3 4. 1 6 .7 6 -5 6 .3 6. 1 1842. 1919. 1878. 1777. 514. 4 6 6.. 336. 64. 3 8 .7 32. 1 2 1 .8 3 .7 6 -6 6 .6 6. 1 5 .5 20. 19. 19. 18. 53. 5555. 54- 1634. 156015521536. 55. -2 8 -6 2 . -8 5 - 3 .5 - 1 .8 - 3 .8 - 5 .3 5 .9 5 .3 5 .0 4 .7 1 9 81 —Q 1 -... . . | - Q 2 ------- .1 -Q 3 ---------.1 -Q 4 -------- . | 1843. 1902. 2062. 2181. 1. -1 7 . 183. 404. 0 .0 - 0 .9 9 .8 2 2 .7 5 .4 5 .3 5 .5 5 .6 19. 19. 1919. 55. 54. 57. 58. 15291589. 1564. 1568. -1 0 5 2912. 33. - 6 .4 1 .9 0 .8 2. 1 4 .5 4 .5 4 .2 4 .0 1 9 8 2 -Q 1 _____ . | - Q 2 ------- - | -Q 3 ---------- | - Q 4 -------- . | 1 2114. 1963. 1758. 1523. 271. 61. - 3 0 3 .. -6 5 7 . 14. 7 3 .2 - 1 4 .7 - 3 0 .1 5 .2 4 .6 4 .0 3 .3 2020. 21. 21. 56544943. 164016831818. 1982. 111. 94254. 413. 7 .3 5 .9 1 6 .3 26. 3 4 .0 3 .9 4. 1 4 .4 * AVERAGE LOANS OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF END-OF-QUARTER DA TA ). "REFINANCING OF FEDERAL LAND BANK LOANS" I S COMPUTED AS LOANS CLOSED LESS NEH MONEY LOANED. "REPAYMENTS" ARE COMPUTED AS NEH MONEY LOANED LESS THE CHANGE IN LOANS OUTSTANDING. 28 TABLE 2 3 1 . 1Q I I. I QUARTER | 1 1 1 1 13 62 -Q 1 . . . . . | - Q 2 ...........| - Q 3 ...........| - Q 4 .......... 1 LIFE INSURANCE COMPANIES FARM MORTGAGES OUTSTANDING AND ACQUIRED FARM MORTGAGES OUTSTANDING MILLIONS OF DOLLARS } 1 CHANGE FROM PREVIOUS| END OF | QUARTER . TEAR 1 1 QUARTER FARM MORTGAGES ACQUIRED PERCENTAGE CHANGE FROM PREVIOUS QUARTER TEAR | | MILLIONS OF DOLLARS | 1 ACQUIRED || CHAMGE FROM PREVIOUS| | 1 18 1I QUARTER 1l . .QUARTER . TEAR 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER TEAR 3212. 3286. 3346. 3400. 42. 74 . 60. 54. 208. 208. 21 8. 230. 1.3 2.3 1.8 1.6 6 .9 6.8 7 .0 7.3 | | | | 191. 156. 12 2 . 150. 49. -3 5 . -3 4 . 28. 35. 8. 13. 8. 3 4 .5 -1 8 .3 -2 1.8 2 3. 0 2 2.4 5 .4 11.9 5 .6 3464. 35923713. 3792. 64 . 128. 121. 79. 252. 306. 367 . 392. 1.9 3.7 3.4 2. 1 7.8 9.3 11.0 1 1. 5 1 | | | 234. 227. 206. 199. 84. -7 . -21. -7 . 43. 71 . 84. 49. 56 .0 -3 .0 -9 .3 -3 .4 2 2. 5 4 5. 5 6 8. 9 3 2. 7 3921. 4086.. 4197. 4304. 129. 165. 111. 107. 457. 494. 48 4. 512. 3.4 4.2 2 .7 2.5 1 3.2 13.8 13 .0 1 3. 5 | | | | 324. 273. 205245. 125. -5 1 . -6 8 . 40. 90. 46. -1 . 46. 6 2 .8 -1 5.7 -2 4 .9 19.5 3 8.5 2 0 .3 -0 .5 23.1 - Q 4 .....| 4425. 4583. 4686. 4823. 121. 158. 103. 137. 504. 497. 489. 519. 2.8 3 .6 2 .2 2.9 1 2.9 12 .2 1 1.7 12.1 1 | | | 382. 294. 203. 270- 137. -8 8. -9 1 . 67. 58. 21. -2 . 25. 5 5. 9 -2 3 .0 -3 1 .0 33.0 17.9 7.7 -1 .0 10.2 1966-Q1...........J ~Q2-------- . i "Q 3 ........... | - Q 4 ...........1 4968. 5165. 5227. 5240. 145. 197. 62 . 13. 543. 582. 541. 417. 3.0 4 .0 1. 2 0 .2 12.3 12 .7 11.5 8 .6 | | | | 388. 322. 146. 138. 118. -6 6. -1 76 . -8 . 6. 28. -5 7 . -1 32 . 4 3.7 -1 7 .0 -5 4 .7 -5 .5 1.6 9.5 -2 8.1 -4 8 .9 1 9 6 7 -Q 1 .....I - Q 2 ...........| - Q 3 .......... 1 - Q 4 ...........I 1 1968-Q1______1 - Q 2 ...........1 -Q 3 .....I ~ Q4 ...........1 1 1969-Q1...........| - Q 2 ...........1 - Q 3 ...........1 - Q 4 ______ | 1 1970-Q3______ l —Q 2 . . . . . j -Q 3 .....J 5274. 5377. 5463. 5569. 34. 103. 86. 106. 306. 212. 236. 329. 0.6 2.0 1. 6 1 .9 6 .2 4 .1 4.5 6.3 | I | | 219. 205174. 239. 81. -14. -3 1 . 65. -169. -1 1 7 . 28. 101. 58.7 -6 .4 -1 5 . 1 37 .4 -4 3.6 -3 6 .3 19.2 7 3 .2 5634. 5731. 5776. 5803. 65. 97. 45. 27. 360. 354. 313. 234. 1.2 1.7 0 .8 0.5 6.8 6 .6 5-7 9.2 | | | | 279. 200. 138. 155. 40. -7 9 . -6 2 . 17. 60 . -5 . -36. -84. 16.7 -2 8 .3 -3 1.0 12.3 27.4 -2 .4 -2 0 .7 -3 5.1 5785. 5849. 5865. 5773- -1 8. 64 . 16. -9 2 . 151. 118. 89. -3 0. -0 .3 1.1 0 .3 -1 .6 2 .7 2. 1 1 .5 -0 .5 | | | | 196. 178. 96. 70. 41. -18. -8 2 . -26. -8 3. -2 2 . -4 2. -8 5 . 2 6. 5 -9 .2 -4 6.1 -2 7.1 -2 9.7 -1 1 .0 -3 0 .4 -5 4 .8 5675. 5670. 5667.. 5649. -9 8. -5 . -3 . -1 8. -1 10 . -1 79 . -1 9 8 . -124. -1 .7 -0 .1 -0 .1 -0 .3 -1 .9 -3 .1 -3 .4 -2 .1 | | | | 80. 78. 68. 88 . 10. -2 . -10. 20. -1 16 . -1 00 . -2 8 . 18. 14.3 -2 .5 -1 2 .8 2 9. 4 -5 9 .2 -5 6 .2 -2 9 .2 2 5. 7 5545. 5564. 5594. 5601. -1 0 4 . 19. 30. 7. -1 30 . -1 06 -7 3 . -4 8. -1 .8 0 .3 0 .5 0. 1 -2 .3 -1 .9 -1 .3 -0 .8 | | | | 92. 137. 127. 147. 4. 45. -10. 20. 12. 59. 59. 59. 4.5 48.9 -7 .3 15.7 15.0 7 5. 6 86.8 6 7 .0 5535. 5582. 5617. 5678. -66. 47. 35. 61 . -1 0 . 18. 23. 77. -1 .2 0 .8 0 .6 1.1 -0 .2 0.3 0.4 1.4 | | | | 159. 179. 155. 207. 12. 20. -2 4. 52. 67 . 42. 28. 60. 8 .2 12.6 -1 3.4 33; 5 7 2. 8 3 0. 7 2 2.0 4 0.8 56435737. 5867. 5996. -3594. 130. 129. 108. 155. 250. 318. -0 .6 1.7 2 .3 2.2 2.0 2.8 9.5 5.6 | | | | 223. 247. 247. 289. 16. 24. 0. 42. 64. 68. 92. 82. 7.7 10.8 0 .0 17.0 40 .3 3 8. 0 59 .4 3 9. 6 5999. 6128. 6247. 6327. 3. 129. 119. 80. 356. 391. 38 0. 331. 0. 1 2 .2 1 .9 1.3 6 .3 6.8 6.5 5.5 | | | f 277. 284. 224. 222. -1 2. 7. -6 0. -2. 54. 37. -2 3. -6 7. -4 .2 2 .5 -2 1.1 -0 .9 2 4.2 15.0 -9 .3 -2 3 .2 6428. 6573. 66316753. 101. 145. 58. 122. 42 9. 445. 384. 426. 1.6 2 .3 0 .9 1.8 7.2 7-3 6.4 6.7 | | | | 363. 270. 170. 272. 141. -9 3 . -1 00 . 102. 86. -1 4. -5 4. 50. 6 3. 5 -2 5 .6 -3 7 .0 6 0. 0 3 1.0 -4 .9 -2 4.1 22 .5 6815. 7005. 7184. 7425. 62. 190. 179. 241. 3 87 . 432. 553. 672- 0.9 2.8 2.6 3.4 6.0 6 .6 8.3 10.0 | | | | 352. 384. 367. 437. 80. 32. -1 7. 70. -11. 114. 197. 165. 2 9.4 9. 1 -4 .4 19.1 -3 .0 4 2. 2 115.9 60 .7 7640. 8139. 8475. 8842. 215. 499. 336. 367. 825. 1134. 1291. 1417. 2.9 6.5 4. 1 4.3 12.1 1 6.2 18.0 19.1 | | | | 549. 748. 565. 598. 112. 199. -1 83 . 33. 197. 364. 198. 161. 2 5. 6 3 6.2 -2 4 .5 5 .8 56.0 9 4. 8 54 .0 3 6. 8 9205. 9712. 10116. 10499. 363. 507. 404. 383. 1565. 1573. 1641. 1657. 4 .1 5.5 4 .2 3 .8 2 0 .5 19.3 19.4 18.7 | | | | 692. 799. 640. 617. 94. 107. -159. -2 3 . 143. 51. 75. 19. 15.7 15.5 -1 9 .9 -3 .6 2 6.0 6 .8 13.3 3 .2 10927. 11480. 11864. 12180. 428. 553. 384. 316. 1722. 1768. 1748. 1681. 4. 1 5 .1 3 .3 2 .7 18 .7 18.2 17.3 16.0 | | | | 840. 878. 576. 585- 223. 38. -3 02 . 9. 148. 79. -64. -3 2. 36. 1 4.5 -3 4 .4 1-6 21.4 9.9 -1 0 .0 -5 .2 12433. 12743. 12818. 12958.. 253. 310. 75. 140. 1506. 1263. 954. 778. 2 .1 2.5 0 .6 1. 1 13.8 11.0 8.0 6.4 | | | | 614. 523. 190. 340. 29. -9 1 . -333. 150. -2 2 6 . -355 . -3 86 . -2 45 . 5 .0 -1 4 .8 -6 3 .7 78.9 -2 6 .9 -4 0.4 -6 7 .0 -4 1 .9 12975. 13044. 13149. 13100. 17. 6 9. 105. -4 9 . 542. 30133 1. 142. 0- 1 0.5 0.8 -0 .4 4 .4 2 .4 2 .6 1.1 | | | 1 387. 287. 289. 145. 47. -100. 2. -1 44 . -227. -2 36 . 99. -1 95 . 13.8 -2 5 .8 0 .7 -4 9 .8 -3 7 .0 -4 5.1 52.1 -5 7 .4 12948. 12993. 12932. 12828. -1 52 . 45. -6 1 . -1 0 4 . -2 7 . -5 1. -217.. -272. -0 .2 -0 .4 -1 .7 -2 .1 | | | | 185. 230. 136. 146. 40. 45. -9 4. 10. -202. -57. -1 53. 1. 27.6 2 4. 3 -4 0 .9 7 .4 -5 2 .2 -1 9 .9 -5 2 .9 0.7 196 3-Q1 .......... | —Q 2 - . . . . | - Q 3 -----------1 - Q 4 .......... 1 1 19 6 4 - Q l ...........| - Q 2 ........... j - Q 3 ...........| - Q 4 ...........1 1965-Q1...........| f 1 9 7 1 - Q l .....J - Q 2 ........... | - Q 3 ...........| - Q 4 ...........| 1 19 72-Q1...........1 - Q 2 -----------1 - Q 3 ...........| - Q 4 ...........1 1 1973-Q1______| - Q 2 ...........| - Q 3 ...........| - Q 4 ........... 1 1 1974-Q1........... | - Q 2 . . . ... | - Q 3 ...........| “ Q4.....| I 1975-Q1______ 1 - Q 2 ______ 1 - Q 3 _____ | - Q 4 .....1 1 1976-Q1.....| - Q 2 . ....| - Q 3 , ----1 - Q 4 ..... 1 i 1977-Q1...........| - Q 2 ........... | -Q 3 ...--1 - Q 4 .....1 1978-Q1.....| - Q 2 .... | - Q 3 ----.1 ” Q4.....1 1 19 7 9 -Q 1 .....| - Q 2 ........... | -Q 3 .....I - Q 4 ........... | 1980-Q1______| - Q 2 ...........| - Q 3 ...........| —Q4...........i 1 1981-Q1...........| - Q 2 ...........| - Q 3 ...........| - Q 4 ...........| 1982— fi!----------- 1 - Q 2 ...........1 -Q 3 .......I - Q 4 ...........1 1 -1 .2 0.3 -0 .5 -0 .8 29 TABLE 231. 2Q L I F E INSURANCE COHPANIES FARM MORTGAGES OUTSTANDING AND ACQUIRED SEASONALLY-ADJUSTED DATA FARM MORTGAGES ACQUIRED FARM MORTGAGES OUTSTANDING QUARTER | I I | 1 1 1 .| 1 | .| PERCENTAGE CHANGE FROM PREVIOUS MILLIONS OF DOLLARS CHANGE FROM PREVIOUS END OF QUARTER YEAR MILLIONS OF DOLLARS ACQUIRED IN QUARTER (SAAR) PERCENTAGE CHANGE FROM PREVIOUS || CHANGE FROM PREVIOUS |I. YEAR || QUARTER !I QUARTER YEAR 117. 1564. 45. -1 9.7 -1 0 .6 26.6 44.4 24. 1 2 .6 11.5 7 .0 235. 535. 1279. -515. 131. 256. 439. 217. 34.4 72.7 151.6 -4 8 .5 21.7 43.5 70.4 31.7 1028. 1002. 1078. 1110. 627. -101. 345133. 291. 158. 15. 210. 6 9.6 -9 .8 34.4 12.3 39.6 18.7 1.5 23 .3 12.8 12.1 11.7 12.0 1183. 1076. 1082. 1177. 322. -373. 23. 434. 155. 75. 4. 67. 29.0 -3 1 .6 2. 1 40. 1 15. 1 7 .5 0 .3 6.0 14.1 12.8 6.0 1. 8 12.3 12.7 11.5 8. 6 1224. 1164. 779. 634. 198. -2 21 . -931 . -437 . 40. 88. -303 . -543 . 16.8 -1 8 .0 -8 0 .0 -56. 1 3 .4 8. 2 -2 8.0 -4 6.2 308. 215. 234. 324. 4 .4 4.6 7 .2 8 .6 6 .2 4. 2 4 .5 6 .2 713. 749. 919. 1014. 383. 154. 951. 442. -510. -4 15 . 141. 380. 60 .5 21.6 126.9 48. 1 -4 1 .7 -3 5.7 18. 1 60.0 395. 222 . 182126. 364. 359. 310. 227. 7.1 3 .9 3 .2 2.2 6.9 6. 7 5 .7 4. 1 938. 722. 708. 638. -271 . -6 10 . -5 3. -2 42 . 225. -2 7. -211 . -376. -2 6.7 -6 5.0 -7 .3 -3 4. 1 31.6 -3 .6 -2 3.0 -3 7 . 1 5811. 5836. 5842. 5751. 97. 99. 25. -3 55. 155125. 86. -3 6. 1.7 1.7 0 .4 -6 .1 2.7 2 .2 1.5 -0 .6 675. 648. 469. 306. 159. -1 00 . -4 71 . -383. -264 . -74. -240 . -332 . 2 5.0 -1 4.9 -7 2.7 -8 1 .7 -2 8. 1 -1 0.2 -3 3.8 -52. 0 19 70-Q1____ .| - Q 2 -------- | - Q 3 -------- .| - Q 4 ........... | 5704. 5663. 5643. 5623. -1 8 6 . -1 61 . -8 0. -8 3 . -1 0 7 . -1 72 . -199 . -1 29 . -3 .2 -2 .8 -1 .4 -1 .5 -1 .8 -3 .0 -3 .4 -2 .2 294. 282. 337. 368. -4 5. -4 6. 290. 144. -380 . -366 . -132. 62. -1 4.8 -1 5 .7 102.8 42.7 -5 6 .4 -5 6 .5 -2 8 .2 20.1 1971—Q l ______| - Q 2 --------- .| - Q 3 ----------.1 — Q4--------- .| 55765561. 5571. 5572. -1 84. -58. 37 . 5. -1 28 . -102 . -73. -5 1 . -3 .3 -1 .0 0 .7 0. 1 -2 .2 -1 .8 -1 .3 -0 .9 335. 499. 589. 612. -115. 1313. 471. 97. 41. 217. 253. 244. -3 1 .2 391.9 94 .4 16.5 13.8 76.9 75 .0 66.4 1972-Q1_____ .| - Q 2 ----------.| - Q 3 ......... . | —Q4--------- -| 5567. 5580. 5594. 5647. -19. 5257. 215. -9 . 19. 24. 76. -0 .3 0 .9 1.0 3 .8 -0 .2 0 .3 0 .4 1.4 573. 653. 713. 832. -143 . 395. 274. 611. 238. 154. 124.. 220. -2 3 .4 69.0 42.0 85.7 70 .9 30 .8 21.0 3 5.9 1973-Q1____ .| - Q 2 ----------.| - Q 3 --------- .| - Q 4 ----------.| 5675. 5733. 5845. 5965. 112. 236. 461. 496. 108. 153. 251. 318. 2.0 4 .2 8. 0 8 .5 1.9 2 -7 4 .5 5.6 836. 905. 1147. 1232- 16. 313. 1428. 381. 263. 252. 434. 400. 1.9 37.4 157.8 33.2 46 .0 38.6 60.9 48. 1 1974-Q1_____ .| — Q2--------- .| - Q 3 --------- . | - Q 4 -------- .| 6032. 6119. 6225. 6298. 273. 355. 433. 300. 357. 386. 380. 333. 4 .6 5 .9 7.1 4 .8 6 .3 6 .7 6 .5 5 .6 1026. 1035. 1037. 957, -640. 38. 5-285. 190. 130. -110. -275 . -5 1 .9 3 .7 0 .5 -2 7.5 22.7 14.4 -9 .6 -2 2.4 1 9 7 5 - Q 1 . . . . .| —Q2--------- .1 - Q 3 -------- .1 - Q 4 --------- ..| 6462. 6557. 6608. 6729. 683. 387. 206. 496. 430. 438. 383. 430. 1 0.8 6 .0 3. 1 7 .5 7.1 7.2 6 .2 6.8 1395. 967. 803. 1089. 3367. -1072-5 09 . 1915. 369. -6 8. -234 . 132. 352.0 -7 6.9 -5 2.6 238.6 3 6.0 -6 .6 -2 2.6 13.8 1976— Q I _____ .| - Q 2 --------- . ( - Q 3 ----------.1 - Q 4 „ . . . .| 6850. 6981. 7159. 7406. 500. 537741. 1038. 388. 424. 551677. 7 .4 7 .8 1 0.6 14.5 6.0 6.5 8 .3 10. 1 1317. 1366. 1743. 1785. 1240. 208. 2259. 170. -7 8 . 399. 941. 696. 113.9 15.8 165.4 9 .8 -5 .6 41.2 117.2 63.9 1977-Q1_____-| - Q 2 „ ------- .| - Q 3 ----------.| - Q 4 . . . , .. | 1 1978—Q i _____ .| - Q 2 --------- .| - Q 3 --------- .| —Q4--------- .1 7678. 8104. 8447. 8826. 1150. 18551458. 1621. 827. 11241288. 1420. 15. 5 2 4. 2 18 .0 19.2 12. 1 16-1 18-0 19 .2 202126052740. 2456. 1152. 3553. 583-971. 704. 1239. 996. 671. 64.6 175.8 22. 4 -3 5 .5 53.5 90.7 57. 1 37.6 9248. 9667. 10083.. 10485. 1814.. 1792. 1777. 1705. 1570. 15621636. 1659. 2 0 .5 19. 4 18.4 16.9 20 .5 19.3 19.4 18.8 2548. 2761. 3158. 2673. 391964. 1969. -1539. 527. 156. 419. 217. 15.9 37. 8 71 .3 -4 8 .7 26.1 6. 0 15.3 8. 8 197 9-Q1 --------- .| -Q 2 ............| - Q 3 ........ ..| - Q 4 . ------- ,.| 1 1980—Q i _____ .| - Q 2 --------- .| - Q 3 -----------| - Q 4 -------- .| 1097511426. 11831. 12172.. 2104. 1918. 1707. 1426. 1727. 1759. 1748. 16 88.. 20. 1 1 7.5 14.9 12.. 1 18.7 18.2 17.3 16. 1 3014. 3028. 2880. 2607. 165053. -550. -944. 466. 267. -279 . -6 6. 61.7 1.8 -1 8 .2 -3 2 . 8 18.3 9 .7 -8 .8 -2 .5 12482. 12685. 12780. 12939. 1286. 832386. 648. 1507. 1259. 949. 767. 10.6 6 .7 3 -0 5. 1 13.7 11.0 8 .0 6. 3 2237. 1829. 953. 1406. -1 1 9 6 . -1236. -1 6 9 5 . 3574. -778 . -1198. -1 9 2 7 . -1 2 0 1 . -4 5.9 -5 5.3 -9 2.6 375. 1 -2 5 .8 -3 9 .6 -6 6.9 -4 6. 1 1981-Q1____ .| - Q 2 --------- . | - Q 3 -------- .| - Q 4 -------- . | 13033. 12989. 13114. 13079. 378. -174. 506-1 38 . 551. 304. 333. 140. 2 -9 -1 .3 3. 9 -1 . 1 4 .4 2. 4 2 .6 1. 1 1422. 1010. 1471. 624- 63. -1 0 5 9 . 3531. -1 4 2 3 . -815 . -8 19 . 518. -782. 4 .5 -7 4.5 349. 4 -9 6 .8 -3 6.4 -4 4.8 54.4 -5 5.6 1 9 8 2 -Q 1 . ____.| - Q 2 -------- .| - Q 3 ----------.| - Q 4 --------- -| 1 13006. 12941. 12901. 12811. -291. -257. -1 5 7 . -357 . -2 7 . -4 8 . -2 12. -268. -0 . 2 -0 .4 -1 .6 -2 .0 650794. 699. 605- 110. 799. -318 . -307. - 7 72. -216. -772. -20. 17.6 122. 9 -4 0. 1 -4 4 .0 -5 4 .3 -2 1 .4 -5 2. 5 -3 .2 QUARTER (SAAR) YEAR 3224. 3274. 3337. 3402. 219. 203. 260. 267. 210. 205. 216. 231. 6 .9 6.3 7 .9 8.0 7 .0 6.7 6 .9 7 .3 605. 588. 624. 684. -126. -6 4 . 156. 277. 1963-Qil.......... | - Q 2 -------- .| - Q 3 -------- .1 - Q 4 -------- .| 3477. 3576. 37023795- 314. 411. 534. 383- 253. 302366. 393. 9 .2 11.8 14.9 10-3 7 .9 9. 2 11.0 11.6 736. 844. 1063. 901. 1964— Q i . * . •.| - Q 2 -------- .| - Q 3 -------- | - Q 4 -------1 1965-Q1____ .| -Q 2 ..... | - Q 3 -------- .| - Q 4 -------- .1 1 1966-Q1____ | - Q 2 -------- .| - Q 3 -------- .| - Q 4 -------- | 3936. 4065. 4185. 4306. 597.. 543. 504. 505. 4 58. 489. 483. 512. 15-7 13.8 12.4 12. 1 13.2 13.7 13-0 13.5 4440. 4558. 4673. 4823. 561. 489.. 480. 628. 505. 493. 488. 517. 13 .0 11 .0 10.5 13.4 4984. 5137. 5213. 5236. 679. 640. 308. 95. 544. 580. 539. 413. 1967-Q1____ . ( - Q 2 .......... . | - Q 3 -------- .| - Q 4 -------- | 5292. 5352. 5446. 5560. 228. 242. 388. 469. 1 9 6 8 -Q l ____ | - Q 2 -------- .| - Q 3 -------- | - Q 4 -------- .| 5656. 5711. 5756. 5787. 1969-Q1. . . . .| - Q 2 -------- | - Q i ____ - I -Q 4 -------- .| 1962-Q1____ - Q 2 -------- Q 3 -------- Q 4 -------- QUARTER (S AAR ) ____ -2 .2 -2 .0 -1 .2 -2 .8 30 TABLE 231.3Q L I F E INSURANCE COMPANIES FARM MORTGAGES ACQUIRED FOUR-QUARTER MOVING TOTAL I I | MILLIONS | I OF | | DOLLARS | i 1 1 1 1 1962-Q1______ | 590. 598. - Q 2 ........... | 611. - Q 3 ...........| - Q 4 ...........| 619. I EAR ENDING— CHANGE FROM PREVIOUS YEAR MILLIONS OF DOLLARS PERCENT AS PERCENTAGE OF 1 OUTSTANDING 1 1 1 1 MORTGAGES* COMMITMENTS* | 120. 92. 8 2. 64. 2 5 .5 1 8.2 15.5 1 1.5 19. 19. 19. 19. 647. 628. 617. 610. 1963-Q1______| - Q 2 ........... | - Q 3 ...........| - Q 4 ...........1 1 1 96 4-Q 1 .....| - Q 2 ...........1 -Q 3 ..„ ..| - Q 4 ...........| 662. 733. 817. 866. 72135206. 247. 12.2 2 2. 6 3 3 .7 3 9 .9 20 . 22. 24. 24. 623. 639. 662. 655. 9561002. 1001.. 1047. 294. 269. 184. 181. 4 4 .4 36.7 22.5 2 0 .9 26. 27. 26. 26. 636. 616. 576. 549. 1965-Q1...........| - Q 2 ........... 1 - Q 3 ........... i - Q 4 ........... 1 1105. 1126. 1124. 1149. 149. 124. 123. 102. 15.6 12. 4 12 .3 9 .7 27 . 26. 26. 26 . 548. 537. 520. 515. 1966-Q1...........| - Q 2 ...........1 - Q 3 ........... | - Q 4 .......... | 1155. 1183. 1126. 994. 50. 57. 2. -1 55 . 4 .5 5. 1 0 .2 -1 3 .5 25. 25. 23 . 20. 497. 476. 454. 425. 19 67 -Q1 ...........| -Q 2 .. ---------1 - Q 3 ...........| - Q 4 ........... 1 825. 708. 736. 837. -3 3 0 . -4 75. -3 90 . -1 57. -2 8 .6 -4 0 .2 -3 4 .6 -1 5 .8 16. 14. 14. 16. 391. 389. 417. 453. 1968-Q1______| - Q 2 ---------- 1 - Q 3 ...........| - Q 4 ...........1 897. 892. 856. 772. 72. 184. 120. -6 5 . 8.7 2 6 .0 16.3 -7 .8 17. 16. 15. 14. 456. 427. 396. 376. 19 69-Q1 ...........| -Q 2 .....I - Q 3 ...........| - Q 4 . ---------1 689. 667. 625. 540. -2 0 8 . -2 25 . -231. -2 32 . -2 3 .2 -2 5 .2 -2 7 .0 -3 0 .1 12. 12. 11. 9. 355. 353. 353. 300. 19 7 0- 0 1 ______| - Q 2 ...........| - Q 3 ........... | - Q 4 ...........1 424. 324. 296314. -2 6 5 . -343. -3 29 . -2 26. -3 8 .5 -5 1 .4 -5 2 .6 -4 1 .9 7. 6. 5. 6. 235. 185. 168. 188. 1 97 1-Q 1-----------1 - Q 2 ...........| - Q 3 ...........1 - Q 4 ...........1 326. 385444. 503. -98. 61. 148. 189. -2 3.1 18.8 5 0 .0 6 0 .2 6. 7. 8. 9. 213. 258. 290. 303. 1972-Q1______| - Q 2 .......... | - Q 3 ...........| - Q 4 ...........i 570. 612. 640. 700- 244. 227. 196. 197. 74.8 5 9 .0 44.1 3 9 .2 10. 11. 11. 13. 299. 273. 247. 239. 1 9 7 3 - Q I ______| - Q 2 ...........| - Q 3 ...........| - Q 4 . ---------1 764. 832. 924. 1006. 194. 220. 284. 306. 34.0 3 5 .9 4 4 .4 4 3 -7 14. 15. 16. 18. 242. 243. 242. 240. 1974-Q1______ | - Q 2 ...........1 - Q 3 ...........| - Q 4 ...........| 1060. 1097. 1074. 1007. 296. 265. 1501- 3 8 .7 3 1 .9 1 6.2 0.1 18. 19. 18. 17. 235. 228. 205. 179. 1975-Q1...........J ~Q2........... | - Q 3 ...........j - Q 4 ........... | 1093. 1079. 1025. 1075. 33. -1 8 . -4 9 . 68. 3 .1 -1 .6 -4 .6 6 .8 18. 17. 16. 17. 185. 187. 198. 230. 197 6-Q1 _____ I - Q 2 ...........| - Q 3 ........... 1 - Q 4 ...........1 1064. 1178. 1375. 1540. -2 9. 99. 350. 465. -2 .7 9 .2 34 .1 4 3 .3 16. 18. 20 . 22. 242. 265. 295. 316. 19 77-Q1 ______| - Q 2 ........... | - Q 3 ...........| - Q 4 ........... | 1737. 2101. 2299. 2460. 673. 923. 924. 920. 6 3 .3 7 8 .4 6 7 .2 5 9. 7 24. 29. 30. 31. 340. 388. 392. 383. 1 9 7 8 -Q 1 .....I - Q 2 ........... | - Q 3 ...........| - Q 4 ...........| 2603. 2654. 2729. 2748. 866. 553. 430. 288. 4 9 .9 2 6 .3 18 .7 11 .7 31. 31 . 30 . 29. 374. 353. 340. 330. 19 7 9-Q 1 ...........| - Q 2 ---------- | - Q 3 ........... | - Q 4 ........... | 2896. 29752911. 2879. 293. 321182. 131. 11.3 12.1 6.7 4 .8 29. 29 . 27. 26. 334. 341. 327. 315. 1980-Q1........... | - Q 2 .......... | - Q 3 ...........| - Q 4 ...........| 1 198 1-Q1 .......... | - Q 2 - . --------1 — Q 3 - -------- 1 - Q 4 ...........| 2653. 2298. 1912. 1667. -2 4 3 . -6 77. -9 99 . -1212- -8 .4 -2 2 .8 -3 4 .3 -4 2. 1 23 . 19. 16. 13. 284. 259. 253. 255. 1440. 1204. 13031108. -1213. -109 4. -6 09 . -5 5 9 . -4 5 .7 -4 7 .6 -3 1 .9 -3 3 .5 11. 9. 10. 9. 261. 238. 251. 241. 1 9 8 2 -Q 1 . ____ | - Q 2 .......... 1 - Q 3 ...........J - Q 4 ...........| 1 906. 849. 696. 697. -5 34. -3 55 . -6 07 . -4 11 . -3 7.1 -2 9 .5 -4 6 .6 -3 7 .1 7. 7. 5. 5. 237. 262. 266. 292. * AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING FOUR QUARTERS (AVERAGE OF EHD-OF— QUARTER DATA) 31 TABLE 2 3 2 . 1Q LIFE INSURANCE COMPANIES FARM MORTGAGE COMMITMENTS— OUTSTANDING AND NEW NEH FARM MORTGAGE COMMITMENTS OUTSTANDING FARM MORTGAGE COMMITMENTS I 1 1 1962-Q1...........| ~Q2...........| - Q 3 ...........| - Q 4 ...........1 MILLIONS OF DOLLARS PERCENTAGE CHANGE FROM PREVIOUS MILLIONS OF DOLLARS END OF | CHANGE FROM PREVIOUS|_ | QUARTER QUARTER | TEAR 1 OUARTER YEAR | PERCENTAGE CHANGE FROM PREVIOUS MADE IN | CHANGE FROM PREVIOUS QUARTER | 1 1 OUARTER _ -YEAR _ 1 QUARTER YEAR 96. 91. 106. 132. -1 7 . -5 . 15. 26. 1615. 1019. -1 5 .0 -5 .2 16.5 24.5 2 0 .0 19.7 10.4 16.8 | | | | 119. Id 106. 133. 3-1 8 . 5. 27. 14. 4. 7. 17. 2 .6 -1 5. 1 5 .0 2 5.5 13.3 4. 1 7.1 14.7 19 63 -Q1 .......... | - Q 2 ...........| - Q 3 ...........| - Q 4 ........... | 130126. 141. 204. -2 . -4 . 15. 63. 34. 35. 35. 72- -1 .5 -3 .1 11.9 4 4 .7 3 5 .4 3 8 .5 3 3 .0 5 4.5 | | | | 162153. 135. 208. 29-9 . -1 8. 73. 43. 52. 29. 75. 2 1. 8 -5 .6 -1 1.8 54. 1 36. 1 5 1.5 27.4 5 6.4 1964-Q1______| - Q 2 .......... | - Q 3 ...........| -Q<*...........1 180. 170. 209. 247. -24. -1 0. 39 38. 50. 44. 68. 43. -1 1 .8 -5 .6 2 2. 9 18.2 38 .5 34.9 4 8 .2 2 1-1 | | | | 200. 183. 196. 212. -8 . -1 7. 13. 16. 38. 30. 61. 4. -3 .8 -8 .5 7.1 8 .2 23.5 19.6 4 5.2 1.9 1965-Q1...........| - Q 2 .......... | - Q 3 ...........| - Q 4 ...........J 213. 195. 237. 284. -34. -1 8 . 42. 47. 33. 25. 2837. -1 3 .8 -8 .5 2 1 .5 19. 8 18.3 14.7 13.4 15.0 | | | | 227. 180. 185. 252. 15. -47. 5. 67. 27. -3 . -1 1 . 40. 7. 1 -2 0 .7 2 .8 3 6. 2 13.5 -1 .6 -5 .6 18.9 1966-Q1...........| - Q 2 ...........j - Q 3 ...........| - Q 4 ........... 1 278. 194. 180. 192. -6 . -8 4 -1 4. 12. 65. -1 . -57. -9 2 . -2 . 1 -3 0 .2 -7 .2 6.7 3 0 .5 -0 .5 -2 4 .1 -3 2 .4 | | | | 264. 149. 96. 107. 12. -115 . -53. 11. 37. -31. -8 9 . -145 . 4 .8 -4 3 .6 -3 5.6 11.5 16.3 -1 7.2 -4 8.1 -5 7.5 1967-Q1______| - Q 2 .......... | -Q 3 ...........| - Q 4 ...........1 162. 172213. 240. -30. 10. 4127. -1 1 6 . -2 2. 3348. -1 5 .6 6 .2 23.8 1 2.7 -4 1 .7 -1 1 .3 18.3 25.0 | | | | 131. 148. 163. 219. 24. 17. 15. 56. -133 . -1 . 67. 112. 22.4 13.0 10.1 34 .4 -5 0.4 -0 .7 69 ,8 104.7 1968-Q1........... | - Q 2 ........... | - Q 3 ...........| - Q 4 ...........1 210. 202. 170. 194. -30. -8.. -3 2 . 24. 48. 30. -43. -46. -1 2 .5 -3 .8 -1 5 .8 14. f 2 9 .6 17.4 -2 0 .2 -1 9 .2 | | | | 170. 129. 95. 151. -49-4 1 . -3 4 . 56. 39. -1 9. -68. -6 8. -2 2.4 -2 4.1 -2 6.4 58.9 29 .8 -1 2.8 -4 1.7 -3 1.1 H969-Q1........... | ~Q2...........| - Q 3 ...........| - Q 4 ...........| 190. 154. 182. 196. -4 . -3 6 . 28. 14. -2 0 . -48. 12. 2. -2 . 1 -1 8 .9 18.2 7 .7 -9 .5 -2 3 .8 7 .1 1.0 | | | | 164. 122. 109. 85- 13. -42. -1 3. -2 4. -6 . -7 . 14. -6 6. 8 .6 -2 5.6 -1 0 .7 -2 2.0 -3 .5 -5 .4 14.7 -4 3 .7 1970-Q1...........| - Q 2 ...........1 - Q 3 ______| - Q 4 ........... | 168. 157. 148. 139. -28. -1 1. -9 . -9 . -22. 3. -34. -57. -1 4 .3 -6 .5 -5 .7 -6 . 1 -1 1 .6 1 .9 -1 8 .7 -2 9 .1 | | | 1 52. 7550. 94. -33. 23. -25. 44. -112. - 4 7. -5 9. 9. -3 8 .8 44.2 -3 3.3 88.0 -6 8 .3 -3 8 .5 -5 4. 1 10.6 1971-Q1...........| -Q 2 -. -------- 1 - Q 3 ...........| - Q 4 ...........| 154. 171. 199. 239. 15. 17. 28. 40. -14. 14. 51. 100. 10.8 11.0 16.4 20 .1 -8 .3 8.9 3 4 .5 7 1. 9 | | | | 110. 141. 134. 178. 16. 31. -7 . 44. 58. 66. 84. 84. 17.0 28.2 -5 .0 32 .8 111.s 88 168.0 89.4 1972-Q1______| - Q 2 .......... | - Q 3 ...........| - Q 4 ...........| 287. 313. 335. 329. 48. 26. 22. -6 . 133. 142. 13690- 2 0.1 9. 1 7.0 -1 . 8 86 .4 8 3 .0 6 8 .3 3 7 .7 | | | | 195. 207. 166. 208. 17. 12. -4 1 . 42. 85. 66. 32. 30. 9.6 6 .2 -1 9 .8 2 5.3 77.3 46.8 23.9 16.9 1973-Q1...........| - Q 2 ...........| - Q 3 ...........| - Q 4 ...........| 394. 467. 484. 456. 65. 73. 17. -2 8. 107154149. 127. 19.8 18-5 3 .6 -5 .8 3 7 .3 4 9 .2 4 4. 5 3 8 .6 | | | 1 258. 326. 267. 238- 50. 68-5 9. -29. 63. 119. 101. 30. 2 4.0 26 .4 -1 8 . 1 -1 0 .9 3 2. 3 57 .5 60.8 14.4 1 9 7 4 -Q 1 - ____ | - Q 2 ...........| - Q 3 ...........| - Q 4 ...........| 520. 640. 636. 570. 64120. -4 . -6 6. 126. 173. 152114. 1 4.0 23. 1 -0 .6 -1 0 .4 3 2 .0 3 7 .0 3 1. 4 2 5 .0 | j | 304. 419. 215130. 66. 115. -2 04 . -85. 46. 93. -5 2. -108 . 27 .7 3 7.8 -4 8 .7 -3 9 .5 17.8 28.5 -1 9 .5 -4 5.4 1975-Q1...........| - Q 2 -----------| - Q 3 ...........| - Q 4 -----------1 466. 399. 436. 459. -1 04 . -6 7. 39. 21. -5 4 . -2 41-198. -1 11 . -1 8 .2 -1 4 .4 9. 8 4 .8 -1 0 .4 -3 7 .7 -3 1 .1 -1 9 .5 | | | | 250. 164. 236. 289. 120. -8 6. 72. 53. -5 4 . -255. 21. 159. 92.3 -3 4.4 43.9 22.5 -1 7.8 -6 0.9 9 .8 122.3 1976-Q1...........| - Q 2 .......... J - Q 3 ...........| - Q 4 ...........| 479. 490. 520553. 20. 11. 30.. 33. 13. 91. 82. 94. 4 .4 2. 3 6. 1 6 .3 2 .8 22.8 18.7 2 0 .5 | | | | 329. 364. 320. 453. 40. 35. -4 4 . 133. 79. 20084. 164. 13.8 10.6 -12. 1 41.6 31.6 122.0 35.6 56.7 1977-Q1______| - Q 2 ...........| -Q 3 ----------- | - Q 4 ...........| 603. 671. 745. 768. 5068. 7423. 124. 181. 225215. 9 .0 11.3 11.0 3. 1 2 5. 9 3 6 .9 4 3 .3 3 8 .9 | | | | 592. 674. 558. 612. 139. 82. -116 54. 26 3. 310. 238. 159. 30.7 13.9 -1 7.2 9 .7 7 9.9 85.2 7 4. 4 35. 1 1978-Q1----------- 1 - Q 2 ...........| - Q 3 .......... | - Q 4 ........... | 827. 869. 862. 912. 59. 42. 7.7 5. 1 -0 .8 5 .8 37. 1 2 9. 5 1 5.7 18.8 | | | | 738. 717. 552. 597. 126. -2 1. -1 65 . 45. 146. 43. -6 . -1 5 . 20.6 -2 .8 -2 3.0 50. 224. 198. 117. 144. 8.2 24.7 6 .4 -1 .1 -2 .5 1979-Q1______| - Q 2 .......... i - Q 3 ...........1 - Q 4 .... 1 i 198 0-Q1 .......... | - Q 2 ...........| - Q 3 ...........| - C 4 ........... | 850. 942. 948. 996. -6 2. 92. 6. 48. 23.. 7386. 84. -6 .8 10.8 0. 6 5. 1 2 .8 8.4 10.0 9 .2 | | | | 803. 784. 559. 571. 206. -1 9 . -225. 12. 65. 67. 7. -2 6. 34. 5 -2 .4 -2 8 .7 2. 1 9 .3 1.3 -4 .4 665. 415. 536. 587. -3 31 . -2 50 . 121. 51. -185. -5 27. -412. -409. -3 3 .2 -3 7 .6 2 9 .2 9.5 -2 1 .8 -5 5 .9 -4 3 .5 -4 1.1 | 1 | J 374. 124. 323. 412.. -1 97. -250 . 199. 89. -4 29 . -660. -236 . -159 . -3 4 .5 -6 6 .8 160.5 2 7. 6 -5 3 . 4 -8 4 .2 -4 2.2 -2 7.8 1981-Q1______| - Q 2 .......... | - Q 3 ...........| - Q 4 .... | 483. 469. 300. 279. -1 04 . -1 4 . -169. -21- -1 8 2 . 54. -2 36 . -3 08. -1 7 .7 -2 .9 -3 6 .0 -7 .0 -2 7 .4 13.0 -4 4 .0 -5 2 .5 | | | | 265. 300. 103. 131. -147. 35. -1 97 . 28. -109. 176. -220 . -281 . -3 5.7 13.2 -6 5.7 27.2 -2 9. 1 141.9 -6 8. 1 -6 8.2 1982-Q1______ | ~Q2 .... | - Q 3 .... | - Q 4 .... 1 247. 219. 211. 301. -32. -28. -8 . 90. -2 36 . -250. -8 9 . 22. -1 1 .5 -1 1 .3 -3 .7 4 2. 7 -4 8 .9 -5 3 .3 -2 9 .7 7 .9 | | | | 140. 141. 82. 220. 9. 1. -59. 138. -125. -159. -21. 89. 0 .7 -4 1 .8 168.3 -7. 6.9 8.8 -4 7.2 -5 3 .0 -2 0.4 6 7. 9 32 L I F E INSURANCE COMPANIES FARM MORTGAGE COMMITMENTS— OUTSTANDING AND NEW SEASONALLY— ADJUSTED DATA TABLE 232.2Q OUTSTANDING FARM MORTGAGE COMMITMENTS NEW FARM MORTGAGE COMMITMENTS !_ MILLIONS OF DOLLARS | i 1 1 1 1 1962-Q1____ „| - Q 2 ...........| - Q 3 ...........| - Q 4 ...........1 | | QUARTER 1 CHANGE FROM PREVIOUS END OF | TSAR 1 QUARTER | QUARTER 1 iSAARA 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER fSAAB) TEAR MILLIONS OF DOLLARS | | MADE IN | CHANGE FROM PREVIOUS QUARTER | (SAAR) | QUARTER | TEAR 1 PERCENTAGE CHANGE FROM PREVIOUS QUARTER TEAR 98. 104. 108. 114. 3. 25 . 1924. 16. 17. 11. 17. 3.3 2 6 .0 1 8. 5 2 1 .9 19.3 19.9 11.2 17. 1 427. 432. 501492. -1 . 5. 69. -9 . 50. 17. 47. 63. -0 .3 1.2 15.9 -1 .8 13.4 4. 0 10-3 14.8 1963-Q1...........| - Q 2 ........... 1 - Q 3 ...........| - Q 4 ........... 1 132. 144. 145. 177. 9355. 4. 177. 34. 40. 37 . 63. 8 1 .5 4 1 .3 2 .9 122.0 3 4 .8 3 8 .8 3 3 .9 55.6 577. 645. 640. 762. 85. 67. -4 . 121. 150. 212. 139. 270. 17.3 11.7 -0 .7 19.0 35.1 49.1 2 7. 7 54 .8 1964-Q1 ______| - Q 2 ........... | - Q 3 ...........| - Q 4 ...........1 183. 195. 217. 216. 24. 53. 102.. -0 . 51. 51. 71. 39. 1 3 .5 29. 1 5 2 .3 -0 .1 3 8. 4 3 5 .3 4 9 .2 2 2 .2 707. 786. 949. 763. -5 5. 79. 163. -186. 130. 142. 309. 1. -7 .2 11.2 20 .7 -1 9 .6 2 2.5 22.0 48.2 0 .2 1965-Q1........... | - Q 2 ...........| - Q 3 ........... 1 - Q 4 ...........| 217. 223246. 252. 3. 24 . 108. 27. 34. 28. 30 36. 1.3 1 1.0 4 8 .6 10 .8 18.8 14 .3 13.6 1 6.6 801. 776. 908. 909. 38. -2 6. 133. 0- 94. -1 0. -41. 146. 5 .0 -3 .2 17.1 0.0 13.3 -1 .3 -4 .3 19.1 19 66 -Q1 _____ | - Q 2 ...........| - Q 3 .......... | - Q 4 ........... | 285 220. 186. 174. 156. -1 8 3 . -1 08 . -4 5 . 68. -3 . -6 0. -7 9 . 6 1 .9 -6 4 .2 -4 8 .9 -2 4 . 1 31. 1 -1 .2 -2 4 .3 -3 1 .2 937. 638. 466. 383. 28. -299 . -1 7 3 . -82. 136. -1 37. -4 43. -525. 3.1 -3 1 .9 -2 7. 1 -1 7 .6 16.9 -1 7 .7 -4 8 .8 -5 7.8 1967-Q1______ | - Q 2 ...........| -Q 3 ........... | - Q 4 ...........1 166. 192. 219222. -2 9 . 131. 132. 14. -1 1 9 . -28. 3349. -1 6 .7 78.8 68.6 6.6 -4 1 .7 -1 2 .8 17.5 2 7.9 469. 640. 779. 779. 85. 171. 139. -0 . -4 68 . 2313. 395. 2 2. 2 36 .6 21.7 -0 .0 -5 0 .0 0.3 6 7 .3 103.0 19 6 8- Q1 .......... J - Q 2 ........... 1 - Q 3 ........... | - Q 4 ...........| 214. 221. 173. 184. -3 0 . 28. -1 38 . 48. 48. 29. -4 5 . -38. -1 3 .3 1 3. 0 -6 2 .2 2 7 .5 2 9 .2 15.2 -2 0 .7 -1 7 . 1 624. 536. 458. 538. -1 5 5 . -88. -78. 80. 155. -104. -321. -241. -1 9 .9 -1 4. 1 -1 4 .6 17.4 33.1 -1 6 .3 -4 1 .2 -3 1 .0 1969-Q1...........| - Q 2 ----------- | - Q 3 ...........i - Q 4 ........... | 193. 164. 184. 191. 37 . -9 1 . 9332 . -22. -5 7 . 11. 7. 2 0 .4 -4 7 .2 5 6 .4 17.2 -1 0 .0 -2 5 .6 6. 1 3. 9 620. 488. 504. 315. 83. -132. 16. -190. -3 . -4 8. 47. -2 23 . 15.4 -2 1 .3 3 .3 -3 7 .6 -0 .5 -8 .9 10.2 -4 1 .4 1970— Q l ______ | - Q 2 ........... | - Q 3 ...........1 — Q4...........| 1 1971— Q 1 . . . , . . . ] - Q 2 ........... | - Q 3 ........... 1 - Q 4 ........... | 170. 164. 148. 139. -7 3 . -21. -5 6 . -3 2 . -2 3 . -0 . -36. -5 2 . -3 8 .2 -1 2 .4 -3 3 .8 -2 1 .4 -1 2 .1 -0 .2 -1 9 .5 -2 7 .2 196. 304. 239. 346. -119 . 108. -65. 107. -424. -184. -265 . 31. -3 7 .7 54.9 -2 1 .3 44.7 -6 8 .4 -3 7.7 -5 2 .6 10.0 155175. 197245- 75. 94. 108. 276. -1 4 . IQ 49. 106. 5 3 .5 60.5 6 1 .8 140. 1 -8 .5 6 .4 3 3 -0 7 5 .9 407. 528. 628. 705. 61. 120. 101. 77. 211224. 389 . 359. 17.7 29 .5 19- 1 12.2 107.6 7 3.6 162.7 103.7 1972-Q1._____ | - Q 2 ...........| - Q 3 ...........| - Q 4 ...........| 289. 315. 329. 342 . 230. 120. 59. 54. 134. 141. 132. 97. 9 3 .7 4 1 .4 1 8.6 1 6. 5 86 .4 8 0. 6 67 .1 3 9 .5 722768. 754. 853. 17. 46. -1 3 . 98. 315240. 126. 148. 2 .4 6 .3 -1 .7 13.0 77.3 4 5. 5 2 0.0 20 .9 1973-Q1 ...........| -Q 2 ----------- 1 - Q 3 ........... | - Q 4 ........... | 398. 466. 474. 477. 2 88. 346. 33. 11- 109. IS O145. 135. 8 4 .2 8 6 .8 7.0 2 .4 3 7 .7 4 7. 7 4 3.9 3 9 -3 975. 1249. 1180. 1021. 123. 274. -69. -1 59 . 253. 482. 426. 169. 14.4 28.1 -5 .5 -1 3 .5 35.1 6 2 .7 5 6. 5 19.8 1 97 4-Q 1 .«„..| - Q 2 ...........| - Q 3 ........... | - Q 4 ........... | 528639. 623. 592- 239. 607. -6 3. -1 13 . 129173. 149. 116. 5 0 .2 11 5. 1 -9 .8 -1 8 .2 3 2-4 3 7 .2 3 1 .4 2 4 .3 1095. 1555. 943. 564. 74. 460. -612. -3 79 . 120. 306. -2 37. -457. 7 .2 4 2.0 -3 9 .3 -4 0 .2 12.3 2 4 .5 -2 0.1 -4 4 .8 19 75-Q1______| - Q 2 ...........| “ Q3...........| ~Q4........... | 473. 399430. 470. -3 51. -2 33. 138. 184. -5 4 . -2 4 0 . -1 93. -1 22 . -5 9 .3 -4 9 .3 34.6 42.9 -1 0 .3 -3 7 .5 -3 0 .9 -2 0 .6 903. 620. 1039. 1258. 33 9. -283. 419. 219. -192. -9 3 5 . 96. 694. 60.2 -3 1 .4 67.6 21.1 -1 7 .5 -6 0.1 10.2 123. 1 1976-Q1........... | - Q 2 ........... | - Q 3 ........... | - Q 4 ____ .| 486. 496. 515554. 66. 43. S I172. 13. 97. 85. 84. 1 4.0 8 .8 16.3 33.3 2 .7 2 4 .3 19.8 17.8 1202. 1376. 1422. 1911. -5 6. 174. 46. 489. 299. 756. 38 3. 653. -4 .5 14.5 3 .3 34.4 33.1 122.0 36.8 51.9 1977-Q1______| -Q 2 ----------- I - Q 3 ........... | - Q 4 ...........1 609. 687. 745. 750. 259. 372 . 266. 20. 124. 190. 230. 196. 4 6 -7 6 1 .0 3 8 .7 2 .7 2 5.4 3 8. 3 4 4. 6 3 5 .4 2156. 2597. 2482. 2499. 245. 441. -115. 16. 954. 1221. 1060. 587. 12.8 2 0. 4 -4 .4 0 .7 7 9.4 8 8.7 7 4 .6 3 0. 7 1978-Q1______| - Q 2 -----------| - Q 3 ...........| -Q 4 ........... | 835. 895. 870868. 401. 267. -95. -9 . 225. 208. 125. 118. 5 3 .5 32.0 -1 0 .6 -1 .0 3 7 .0 3 0 .3 16.8 15.7 2711. 2870. 2510. 2343. 212. 159. -3 60 . -166. 554. 273. 27. -1 55. 8 .5 5 .9 -1 2 .6 -6 .6 25.7 10-5 1.1 -6 .2 1979— Q l ........... | - Q 2 ...........| — Q3----------- 1 - Q 4 ...........1 1 1980—Q l -----------1 - Q 2 ........... | - Q 3 ...........| -Q 4 ........... | 1 1981-Q1______| - Q 2 ...........| - Q 3 ...........| - Q 4 ........... | 855. 968. 964.. 926. -5 0. 550. -1 7 . -1 4 2 . 2073. 94. 58. -5 .7 6 4 .3 -1 .7 -1 4 .7 2 .4 8 .2 10.8 6 .7 3030. 3008. 2572. 2174. 687. -2 3 . -435 . -3 98 . 320. 138. 63. -169. 2 9.3 -0 .7 -1 4 .5 -1 5 .5 11.8 4 .8 2.5 -7 .2 668. 426. 549. 535. -6 76 . -5 5 8 . 752. -5 2 . -1 87 . -5 4 3 . -4 1 5 . -3 9 1 . -7 2 .9 -8 3 .5 176.7 -9 .5 -2 1 .9 -5 6 .0 -4 3 .0 -4 2 .2 1404. 510. 1504. 1531. -770. -8 94 . 994. 27. -1626. -2498. -1068. -6 43 . -3 5.4 -6 3 .7 194.9 1.8 -5 3 .7 -8 3 .0 -4 1 .5 -2 9 .6 484. 480. 309. 252. -1 77 . -1 9 . -3 9 7 . -1 7 2 . -1 84 . 54. -2 40 . -2 8 4 . -3 3 .0 -3 .9 -8 2 .8 -5 5 .8 -2 7 .5 12.7 -4 3 .8 -5 3 .0 1025. 1148. 487. 467. -506. 122-661. -20. -378. 638. -1017. -1064. -3 3 .0 11.9 -5 7 .6 -4 . 1 -2 7 .0 125.1 -6 7 .6 -6 9 .5 248. 224. 217. 271. -16. -84. -2 4 . 305- -2 3 7 . -256. -9 1 . 19. -6 .2 -3 3 .8 -1 0 .7 140.4 -4 8 .8 -5 3 .4 -2 9 .6 7 .4 550. 571. J97. 775. 83. 21. -174 . 379. -4 76 . -577. -9 0. 308. 17.7 3.9 -3 0 .5 9 5-4 -4 6 .4 -5 0 .2 -1 8 .6 6 6 .0 1982-Q1........... | - Q 2 ...........| - Q 3 ...........| - Q 4 ........... 1 1 33 TABLE 232.3Q LIFE INSURANCE COMPANIES NEW FARM MORTGAGE COMMITMENTS POOR—QUARTER MOVING TOTAL 1 1 MILLIONS OF ! | DOLLARS 1 1 1 431. 1 9 62-Q1..... 1 - Q 2 ..... | 435. 442. - Q 3 ..... | - Q 4 ..............| 459. YEAR EN D I N G — 1 1 | | 1 1 CHA N G E F ROM PREVIOUS YEAR MILLIONS OF DOLLARS PERCENT | AS PERCE N T A G E OF | OUTST A N D I N G | 1 1 1 MORTGAGES | i MORTGAGES* C O M MITMENTS* | ACQUIRED 1 1 TAKE D O W N S OF C O MMITMENTS 86. 66. 43. 42. 24.9 17.9 10.8 10.1 14. 14. 14. 14. 472. 457. 446. 452. 73. 73. 72. 74. 114. 113. 114. 115. 1 9 6 3 - Q J _____ | - Q 2 ..... | - Q 3 ..... 1 - Q 4 ..... | 502. 554. 583. 658. 71. 119. 141. 199.. 16.5 27.4 31.9 43.4 15. 16. 17. 19. 472. 483. 472. 498. 76. 76. 71. 76. 121. 120. 119. 126. 196 4 - Q 1 ..... | - Q 2 ..... | - Q 3 - ---- 1 -Q4.....-I 696. 726. 787. 791. 194. 172.. 204. 133. 38.6 31.0 35.0 20.2 19. 19. 20. 20. 463. 446. 453. 415. 73. 72. 79. 76. 118. 116. 120. 115. 1965- Q 1 . ---- 1 - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 818. 815. 804844. 122. 89. 17.. 53. 17.5 12.. 3 2-2 6.7 20. 19. 18. 19. 406. 389. 372378. 74. 72. 72. 73. 114. 113. 113. 114- 1 9 6 6 - Q 1 ..... | - Q 2 ..... | - Q 3 ..... | - Q 4 „ ---- J 881. 850.. 761. 616. 63. 35. -43. -228. 7.7 4.3 -5.3 -27 . 0 19. 18. 15. 12. 379. 342307. 263. 76. 7268. 62. 118. 109. 102. 96- 1967-Q1..... .. | - Q 2 ----- S - Q 3 ..... | - Q 4 ..... | 483. 482. 549. 661. -398. -368. -212. 45.. - 45.2 -43.3 -27.S 7.3 9. 9. 10. 12. 229. 265. 311. 358- 59. 68. 79. 89105. 116. 116. 196 8 - Q 1 ____ - J - Q 2 ..... i - Q 3 ..... | -Q4..-~... I 700. 6 8 1. 613. 545. 217. 199.. 64. -116. 44.9 41-3 11.7 -17.5 13. 12. 11. 10. 356. 326283. 265. 78. 76. 72. 71.. 116. 114. 103. 1C 3. 1969-Q1..... 1 - Q 2 --------- -- | - Q 3 ..... | - Q 4 ..... | 539. 532. 546. 480. -161. -149. -67. -65. -23 . 0 -21.9 -■•0.9 -11.9 9. 9. 9. 8. 278. 281. 308. 267. 78. 80. 87. 89. 109105. 117. 115. 1970-Q1 ..... | -Q2.------------ | - Q 3 ..... | - Q 4 --------------| 368. 321.. 262. 271. -171. -211.. -2 8 4 ?, -209. -31.7 - 3 9.7 -52.0 -43.5 6. 6. 5. 5. 204. 183. 149. 162. 97. 9989. 86- 107. 118. 105. 106. 1971-Q1. ____ | - Q 2 ..... J - Q 3 ..... | ~ Q 4 ..... | 323. 395. 479563. -39. 74. 217. 292- -10.6 23. 1 82-8 107.7 6. 7. 9_ 10. 215. 264. 313. 340. 101. 103.. 108. 112. 126. 130. 136. 14-1. 1 9 7 2 - Q 1 ..... J ~ Q 2 ..... | - Q 3 ..... J - Q 4 -------------- | 648. 714. 746. 776. 319. 319. 267. 213.. 97.0 80-8 55.7 37.8 12. 13. 13. 14. 340. 319287. 264. 114. 117. 117. 111. 145. 144. 142. 130. 1973-Q1 _____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... 1 839958. 1059. 1089. 191. 244. 313. 313. 29.. 5 34.2 42.0 40.3 15. 17. 19. 19. 266. 280. 278. 260. 110. 115. 115. 108. 130. 135. 131. 127. 1 9 7 4 - Q 1 ..... | - Q 2 ------------ | - Q 3 ..... | - Q 4 ..... | 1135. 1228.. 1176. 1068. 296. 270.. 117. -21 - 35.3 28.2 11.0 -1.9 20. 21. 20. 18. 252. 255. 224. 190. 107. 112. 109. 106. 126. 134. 133. 132. 1 9 75-Q1 _____ | - Q 2 ..... ( - Q 3 ..... | - Q 4 ..... | 1014. 759.. 780. 939. -121-469. -396. -129. -10.7 -38.2 -33.7 -12. 1 16. 12. 12. 14. 171. 131. 151. 201. 93. 7076. 87. 111. 87. 93. 104. 1 9 7 6 - Q 1 ..... | - Q 2 ..... J - Q 3 .... - I - Q 4 ..... | 1018.. 1218. 1302.. 1466. 4. 459. 522. 527. 0.4 60.5 66.9 56.1 15 . 18. 19,. 21. 231. 274. 279. 301. 96. 103. 9595. 121. 128. 125. 122. 1977-Q1_____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ----- | 1729. 2039. 2277., 2436. 711. 821. 975. 970. 69.8 67.4 74.9 66.2 24. 28. 30. 31. 339. 377. 388. 379. 100. 97. 99. 99- 123. 123.. 124. 124. 1 978— Q 1..... | - Q 2 ..... 1 - Q 3 ..... | - Q 4 ..... 1 2582.. 2625. 2619. 2604. 853. 586. 342.. 168- 49.3 28.7 15.0 6.9 31. 30. 29. 28. 371. 349. 326. 313. 99. 99. 96. 95. 122120. 116. 115. 1 9 7 9 - Q 1 ..... 1 - Q 2 ..... | - Q 3 ..... 1 - Q 4 ----- J 2669. 2736. 2743. 2717. 87. 111124. 113. 3.4 4.2 4.7 4.3 27. 27. 26. 24. 308. 313. 308. 298. 92. 9294. 94. 110. 113. 1 14. 115. 1980-Q1_____ | - Q 2 ..... | - Q 3 ----- | - Q 4 ..... | 2288. 16281392. 1233- -381. -1108. -1351. -1484. -14.3 -40.5 -49.3 -54.6 2014. 11 . 10. 245. 183. 184. 189. 86. 71. 73.. 74. 105. 86. 89. 87. 1981 - Q 1 ..... | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 1124. 1300. 1080. 799. -1164. -328. -312. -434.. -50.9 -20.1 -22.4 -35.2 9. 10. 8. 6. 204. 257. 208. 174. 78. 108. 93.. 72. 100126.. 97. 86. 1982-Q1 ..... | - Q 2 ..... 1 - Q 3 .. - | - Q 4 ..... ( 674. 515. 494. 583. -450. -785. -586. -216. -40.0 -60.4 -54.3 -27.0 5. 4. 4. 4. 176. 159. 189. 244. 74. 61. 71.. 84. 90. 79. 101. 122. ^5. i * A V ERAGE AMOUNT O U T S T A N D I N G DURING T HE P R E C EDING FOUR Q UARTERS "TAKE D O W N S OF C O M M I T M E N T S " ARE COM P U T E D (AVERAGE OF END-OF - Q U A R T E R DATA). AS NEW C O M M I T M E N T S LESS CANC E L L E D C O M M I T M E N T S LESS THE C H ANGE IN C O M M I TMENTS OUTSTANDING. 34 300 AGRICULTURAL BANKING DATA -*3Q S01YEI OF TEBHS OF BANK LEADING TO FABHE4S ( BON-REAL-ESTATE LOANS, O .S .) 331 AVEBAGE EFFECTIVE IHTEBEST BATES 331. 1Q 331.2Q 331.3Q 332 ALL BABES....................... LABGE BABES........ .................. OTBEB BABES.......................................... AVERAGE EFFECTIVE IBTEBEST BATES COflPABED WITH OVEBALL AVEBAGE 332. IQ 332.2Q 332.3Q 333 ALL BABES.................................. ...».................... 36 LABGE BABES........................... 36 ....36 OTBEB BABES.............. PEBCEBTAGE OF LOABS HADE VITB A FLOATIBG IHTEBEST BATE 333. IQ 333.2Q 333.3Q 334 ALL BABES..................... LABGE BABES...... .. .......... OTHER BABES..................... ALL BABES.......... ..38 LABGE BABES................. 38 OTHER BABES.................................................... ....38 AHOUHT, NUHBER, 335. IQ 335.2Q 335.3Q 340 ABD AYEBAGE AHOOWT OF LOABS HADE AflOOHT....... - .................................................. ....39 39 H0HB8B........................... AVERAGE AHOOHT... .... .............................. ....39 FEDERAL 341 37 ..37 37 AYEBAGE HATUBITI OF LOABS HADE 334. IQ 334.2Q 334. 3Q 335 35 ..35 35 RESERVE BABE SORVETS OF AGRICULTURAL CREDIT COHDITIOHS CHICAGO 3 4 1 . 1Q FABH NON-BEAL-ESTATB LSHDIHG EZPERIBBCB DURING THE PRECEDIEG Q U A B T B R ...................... .................................................. 4 0 FABH HOH-REAL-ESTATE LOAN VOLDHE EXPECTED DUBIBG THE CURRENT Q U A R T E R .................... ........................... .................... . . . 4 1 341.3Q L O A H / D E P O S I T R A T I O S ...... ................................. 42 341. 4Q T I P I C A L I B T E B E S T B A TESC H A R G E D O H F A B H L O A B S ......... ..42 3 4 1 . 5Q T R ENDS IN FABH BEALESTATE VALUES A B D L O A N V O L U H E ....................... 4 3 341.2Q 342 HIBHEAPOLIS 342. IQ C U R R E N T F A B H L E N D I N G E X P E R I E N C E . . ......... ............. ............. ............. ............. ............. 4 4 342.2Q E X P E C T E D F A B H L O A N D E H A N D A B D R E P A T H E N T C O H D I T I O H S ..................4 5 342.3Q AVEBAGE L O A H / D E P O S I T R A T I O A B D O T H E R C O N D I T I O N S T H A T R E F L E C T R E L A T I V E C R E D I T A V A I L A B I L I T Y . ...... .......................... ........... 4 6 3 4 2 . 4Q I B T E B E S T R A T E S O H F A B H L O A N S . .............................................. 4 7 342. 5Q F A B H R E A L E S T A T E L B B D I H G E X P E R I E N C E ....... ........ ....... . . . . . . . . . . 4 8 342- 6Q F A N N E R S ' E A B B I N G S A N D S P E H D I B G ................... .........................4 9 343 KANSAS CITY 343. 1Q 343.2Q 343.3Q 343.4Q 344 DALLAS 344. 1Q 344.2Q 344.3Q 344.4Q 344.5Q 345 CURRENT FABH BOB-REAL-ESTATE LENDING RXPEBIEHCE..................50 AVERAGE LOAH/DEPOSIT RATIO AND OTHER COHDITIOHS THAT REFLECT RELATIVE CREDIT AVAILABILITY.... ................. .....50 HOST COHHOH INTEREST RATES CHARGED OH FARH LOANS............. ...51 FARH BEAL ESTATE VALUES......................... .................. 51 CURREHT FARH HOH-REAL-ESTATE LBHDIHG EXPERIENCE............... ..52 FARH HOH-REAL-ESTATE LOAN VOLUHB EXPECTED DORIHG THE CURRENT QUARTER....... ..52 AVERAGE LOAH/DEPOSIT RATIO AND OTHER COHDITIOHS THAT REFLECT RELATIVE CREDIT AVAILABILITY...................... 53 HOST COHHOH INTEREST RATES CHARGED ON FARH LOANS................ 53 TRENDS IB FARH REAL BSTATE VALUES ABD LOAN VOLUHE............... 54 RICHHOND 345. IQ C U R R E H T F A R H H O H - R E A L - E S T A T E L E H D I H G E X P E R I E N C E ..................... 5 5 345.2Q F ARH HOH-REAL-ESTATE LOAN VOLUHE EXPECTED DURING THE CURREHT Q U A R T E R ........................................... ........... .................. 5 5 3 4 5 - 3Q AVERAGE LOAH/DEPOSIT RATIO AND OTHER COHDITIOHS THAT REFLECT R E L A T I V E C R E D I T A V A I L A B I L I T Y ......................................... . . . 5 6 3 4 5 . 4Q T Y P I C A L I N T E R E S T R A T E S C H A R G E D O H F A R H L O A N S . . . . . . . . . ............... 5 6 3 4 5 . 5Q T R E N D S I N F A R H R E A L E S T A T E V A L U E S A N D L O A N V O L U H B .................... 5 7 DESCRIPTION OF SURVEY COVBRAGE AND P R O C E D U R E S ...................................... 5 8 FOB A D D I T I O N A L S U R V E Y I H F O B H A T I O N A N D RESU L T S , S E E S T A T I S T I C A L R E L E A S E E.2, ISSUED QUARTERLY AHD AVAILABLE FROH PUBLICATIONS SERVICES, FEDERAL BBSEBVB BOA R D , H A S H I N G T O N , D.C. 205 5 1 . FOR A DESCRIPTION OF COVERAGE AHD PROCEDURES OF THE SURVEI, SEE "SURVEY OF TERRS OF BANK LEHDIHG," FEDERAL RESERVE B U L L E T I N. H A Y 1 9 7 7 , A H D " N E B S U R V E Y O F T E R H S O F B A R K L E H D I H G T O F A R H B R S , " A G R I C U L T U R A L F I B A B C E B E l I E l , H A Y 1978. SURVEY OF TERMS OF BANK LENDING TO FARMERS (NON-REAL-ESTATE LOANS HADE DOBING FIBST SEEK OF MIDDLE MONTH OF QOABTEB) TABLE 331Q AVEBAGE EFFECTIVE IHTEBEST RATES (PERCENT) * P U R P O S E OF LOAN QUARTER 35 | A LL LOANS FEEDER L I V E STOCK OTHER L IVESTOCK OTHER CURB ENT O P ERATING EXPENSES AMO U N T OF LOAN FARM MACHINERY AND EQUIPMENT 3 3 1 . 1Q OTHER SIZE OF BANK | 1 1 TO 9 10 TO 24 25 TO 99 100 AND O VER LARGE** OTHER ALL BANKS 8.8 8-7 8.7 9.9 8.5 8.4 8.4 8.9 8.9 8-2 8.6 9.1 8.8 8.8 9.0 9.2 9.1 9.4 9.0 9.2 8.8 8.9 8.6 9.2 | I | 1 9.0 9.1 9.0 9.1 9.0 9.0 8.8 9.0 8.7 8.9 8.8 9.0 8.8 8.1 8.5 9.3 8-3 8. 1 8.4 9.4 8.9 8.9 8-9 9.0 1978-Q1_____ - Q 2 ..... - Q 3 ..... - Q 4 ..... | 9.2 9.3 9.6 10.4 9.2 9.4 9.5 10.2 9.1 9. 1 9.5 10-8 9.1 9-2 9-7 10.3 9-3 9.4 9.6 10.3 9.2 9.5 9.9 10-7 | | 1 | 9.1 9.2 9.3 9.9 9.2 9.2 9.3 10.0 9.2 9.3 9.5 10.1 9.2 9.4 10-1 11.1 9.3 9-6 10.4 11.7 9. 1 9.2 9.3 10. 0 19 7 9 - Q 1 ..... - Q 2 ..... - Q 3 ..... - Q 4 ..... 11.0 11-2 11.3 13-6 11. 1 11.2 11.2 13.5 11.2 11.7 11.1 12-9 10-9 11.2 11.4 13.6 10.3 10.6 10.9 13-2 11.2 11. 1 11.5 14.6 | | | | 10.3 10.6 10.9 12.9 10.4 10.7 11. 1 13.2 10.5 10.8 11.0 13.2 12.1 12-2 11.8 14.5 12.5 12.8 12.9 16.2 10.4 10-7 10.9 13.1 1980— Q 1_____ - Q 2 ..... - Q 3 ..... - Q 4 ..... 14. 1 17.4 13.5 15.5 14.4 17.7 13.4 15.5 13.5 16.6 13.7 15.3 14.3 17.5 13.7 15.4 13.0 16.4 13-3 15.1 14.6 17.2 13-3 15-7 | | | | 13.5 16.5 13.5 15.1 13-6 17.0 13.4 15.0 13-7 17.2 13.6 15.4 15-0 17.8 13.5 15.8 16.0 18.5 12.8 16.3 13.7 17. 1 13.7 15.3 1 9 81-Q1 ..... -Q2— .« - Q 3 ..... - Q 4 ..... 17.9 17.9 19.6 18.8 17.8 18.4 19.6 18.5 17.4 18.0 19.9 18.7 17.9 17.7 19-5 18.9 17.4 17-6 18.9 18. 1 18.3 17.7 20. 1 18.9 | | | | 17.4 17.5 18.8 18.5 17.7 17.6 19.1 18.8 17.7 17.7 19.3 18.5 18.4 18.2 20.3 19.0 19.9 19.5 20.8 18.9 17.5 17.5 19. 1 18.7 1982-Q1_____ - Q 2 . ---- 1 - Q 3 ..... - Q 4 ..... 97.7 17.8 16.8 14.8 97.6 17.8 16.8 13.9 17.4 17.5 15.6 15.5 17.7 17.7 16-9 15.3 17-9 18.2 17-3 15.7 17-9 17.9 16.9 14.5 | | I | 17.7 17.6 17.5 15.6 17.3 17.6 17.3 15.4 17.7 17.8 17.6 15.5 17.8 17.8 16.2 14.0 18.0 17.9 15.6 13.3 17.5 17.7 17.5 15.5 1983-Q1_____ 13.8 13. 8 14.2 14. 1 14. 1 13. 1 I 14.4 14.5 14.1 13.3 12-5 14-2 1977-Q1— >— - Q 2 ..... - Q 3 ..... - Q 4 ..... 3 3 1 . 2Q LAR G E BANKS** 1977-Q1— .... - Q 2 ..... - Q 3 ..... - Q 4 ..... 8.3 8.1 8.4 9.4 8.0 7.8 8. 9 9.2 7.3 7.2 8.2 9.0 8.7 8.3 8-8 9.6 8.7 8.9 8.7 9-4 8.2 8.6 8.7 9.2 | | | | 9.0 9.0 9.2 9.6 8.7 8.6 8.9 9.3 8.4 8.5 8.7 9.4 8.3 7.8 8.3 9.3 1978-Q1 ..... - Q 2 ----- Q 3 ..... - Q 4 ----- 9.3 9.6 10.4 11.7 9.7 9.9 10.3 11.8 9.2 8.7 10.1 12.3 9.2 9.4 10.4 11.5 10.0 9.4 9.8 11.6 9.2 10.0 10.7 11.9 | | | | 9.7 9.9 10.5 11.5 9.6 9.8 10.4 11.6 9.5 9.6 10.3 11.4 9.2 9.6 10.4 11.8 197 9 - Q 1 .... - . - Q 2 ..... - Q 3 ----- Q 4 ..... 12.5 12.8 12.9 16.2 12.8 12.9 13.0 16.2 13.5 13.5 12.8 16.1 12-5 12.7 12.8 15.9 12.2 12.3 12.2 14.7 12. 1 12.7 13.0 16.9 | | I | 12.3 12.3 12.7 15.4 12-4 12.6 12.8 15.4 12-5 12.7 12.7 15.6 12.5 12.9 13.0 16.5 198 0 - Q 1 ..... - Q2----“ Q 3 .... - Q 4 ..... 16.0 18.5 12.8 16.3 16.8 20.2 12.9 16.6 15.4 17.2 12.9 15.2 15.6 18.4 13. 1 15.7 14.7 16.6 12.7 15.7 16.0 18.0 12.4 16.9 ( | | | 15.2 17.0 13.1 15.6 15.4 17.5 13.0 15.6 15.8 18.4 13-1 16.0 16.1 18.6 12.8 16.4 1981-Q1-.-.. - Q 2 ..... - Q 3 ..... - Q 4 ..... 19.9 19.5 20.8 18.9 21. 1 20.7 20.6 18.7 17.6 19.3 29.9 18.6 19.6 18.7 20.6 19-2 16.8 18.4 19.6 19.3 20.4 19.6 21.6 18.7 | | | | 18.9 18.6 19.8 19.0 19.4 18.4 19.7 19.0 19.7 19-0 2 0.5 18.9 20.1 19.7 20.9 18.8 1982-Q1...... - Q2 ...... -Q3...--~ Q 4 ..... 9 8.0 17.9 15.6 13.3 17.5 17.7 16.0 12.6 17.3 17.5 14.1 14.9 18.3 18.0 15-7 14.9 17-3 17.9 18.1 13.2 18.0 18.1 15.0 13. 1 | I | | 18.3 18.3 17.7 15.0 18.2 18.1 17.4 14.7 17.9 17.9 17.4 14.4 18.0 17.9 15.4 13.1 1983-Q1 ..... | 1 12.5 12.3 12.6 13.2 13.3 11.5 | 13.6 13.4 13.1 12.3 9.0 9.1 9.0 9.1 9.0 9.0 8.8 9.0 8.7 8.9 8.8 8.9 9.3 8.6 9-2 9.1 3 3 1 . 3Q OTHER BANKS 9. 1 9.2 9.3 9.9 9.1 9.2 9.3 9.9 9.1 9.2 9.3 9.9 9.1 9. 1 9.5 10.3 10.5 10.3 11.0 13-3 I | I | 1 I 1 | | | 1 | | | | 10.3 10-5 10.8 12-8 10.2 10-5 10.9 13. 1 10.3 10.5 10.8 13.0 11.3 11.4 11.2 13.4 12.9 16.. 4 13.4 15.1 13.6 16.6 13.5 15-2 | | | | 13.4 16.4 13.5 15.1 13.5 16.9 13.5 15.0 13.6 17- 1 13.6 15-3 14.3 17.4 14.0 15.5 17.6 17.6 19. 1 18.8 17.4 17.5 18.8 18.0 17.7 17.1 19. 1 19.0 17.3 17.5 18.8 18.5 17.6 17.5 19.0 18.8 17.4 17.6 19- 1 18.5 17.6 17.5 19.4 19.1 17.4 17.5 17.2 15.5 17.4 17.5 17. 5 15.4 18-0 18.2 17.2 15.8 17.7 17.7 17.9 15-7 | 1 | | I | | | | 17.6 17.6 17.5 15.6 17.3 17.6 17.3 15.4 17.6 17-8 17.6 15-6 17.5 17.8 17.7 15-2 14.5 14.2 14. 2 13.7 | 14.5 J ___ 14.5 14.2 13.8 1977-Q1..... — Q 2 - - « .. - Q 3 ..... -Q4-.-.., 8.9 8.9 8.9 9.0 I i I I 8.8 8.8 8.8 8.8 9.0 8.6 8.7 9.1 8.8 8.9 9.0 9.0 9. 1 9.5 9.2 9.2 9.0 9.0 8.6 9.2 1978-Q1. . - Q 2 ..... -Q3— -. - Q 4 ..... 9. 1 9.2 9.3 10-0 | | I | 8.9 9.0 9.2 9.6 9.0 9.3 9.3 10.6 9. 1 9. 1 9.4 9.9 9.3 9.4 9-6 10.2 9. 1 9.3 9.4 9.9 1979 - Q 1 ..... - Q 2 ----- 1 - Q 3 ..... - Q 4 ..... . 10.4 10.7 10.9 13., 1 I | | | 10.5 10-7 10.8 13. 1 10.5 11.3 10.8 12.1 10.5 10.8 11.0 13.2 10.2 10.3 10.8 13. 1 1980-Q1..... . " Q 2 ..... -Q3 ..... - Q 4 ..... 13.7 17.1 13-7 15.3 | | | I 13.9 17.4 13.6 15-2 13.3 16.5 14.0 15-4 14.0 17. 1 13.8 15.4 1981-Q1_____ - Q 2 ..... -Q3..... | - Q 4 ..... 17.5 17.5 19. 1 18.7 { | | | 16.7 17.7 19.2 18.5 17.4 17.7 19.1 18.7 1982-Q1..... - Q 2 ----- Q 3 ..... - Q 4 ..... 17.5 17-7 17.5 15.5 | | | | 17.7 17.9 17.4 15.2 1983-Q1....... 14.2 I 14.6 * T HE AP P R O X I M A T E C O M P O O N D E D ANNOAL INTER E S T B A T E ON EACH LOAN IS C A L C U L A T E D FROM S U RVEY DATA ON T HE STATED RATE AND OTHER TEBHS OF T H E LOAN. IN C O M P O T I H G T H E A V E R A G E OF T H E S E ESTI M A T E D E FFECTIVE RATES, EACH LOAN IS W E I G H T E D BY ITS D O LLAR AMOONT. ** "LARGE BANKS" ARE BANKS IN SURVEY STRATA 1-3, ROUGHLY BANKS WITH OVER $400 MILLION IN TOTAL ASSETS AS OF SEPTEMBER 1982. 36 SURVEY OF TERMS OF BANK LENDING TO FARMERS (NON-REAL-ESTATE LOANS HADE DURING FIRST WEEK OF BIDDLE MONTH OF QUARTER) TABLE 332Q AVERAGE E FFE C TIV E IN TE R E ST RATES COMPARED WITH OVERALL AVERAGE* D I F FERENCE FROM A V ERAGE E F F E C T I V E I N T E R E S T RA T E ON ALL LOANS AVERAGE I 1 EFFE C T I V E | IN T E R E S T | BATE ON 1 ALL LOANS 1 (PERCENT) 1 1 QUARTER AMOU N T OF LOAN (THOUSANDS OF DOLLARS) P U RPOSE OF LOAN 1 OTHER FEEDER LIVESTOCK OTHER LI V E S T O C K current OPER A T I N G EXPENSES FARM MACHINERY AND E O U I PMENT OTHER 3 3 2 . 1Q 1 I 1 TO 9 10 TO 24 25 T O 99 S IZE OF BANK 100 AND OVER LARGE** OTHER ALL BANKS 1 1 1977-Q1 _____ | - Q 2 ---- Q 3 ..... 1 - Q 4 ..... | I 1 9 78-Q1 ..... | -Q2.......i - Q 3 ..... 1 - Q 4 ..... 1 8.8 8.7 8.7 9. 1 -.3 -.3 -. 3 -.2 .1 -.6 -.1 -. 1 - .0 .1 .3 .1 .3 .7 -3 .1 -.0 .1 -. 1 .1 I I I 1 -2 -3 -2 -o .2 .2 .1 -. 1 - .2 .1 .1 -.1 -.1 -.7 -.2 -1 - .5 -.7 -.3 .2 .1 .2 .2 -. 1 9.2 9.3 9.6 10.4 .0 .1 -. 1 -. 1 -.1 -.2 -.2 .4 -.0 -. 1 .0 -. 1 .2 .1 .0 -. 1 -.0 -2 .2 .4 l 1 1 1 -.o --1 ~-3 -.4 -.0 -.1 -.3 -.4 .0 -.1 -.1 -.3 -0 .1 .4 .7 -2 .3 .7 1.4 -.1 -. 1 -.3 -.4 1979 - Q 1 ..... | -Q2..„..| “ Q 3 ..... 1 - Q 4 ..... | 11.0 11.2 11.3 13.6 .1 -0 -.1 -. 1 .2 .5 -.2 -.7 -. 1 .0 -1 .0 -.7 -.6 -.4 - .5 .2 -.0 .2 .9 1 | 1 1 ~-7 -.6 ~-4 — .8 -.6 -.5 -.2 -.4 -.5 -.4 -.3 -.4 1.1 1.0 .6 .9 1.5 1.6 1.6 2.6 -.6 -.5 -.3 -.5 1 9 8 0 - Q 1 ..... | -Q2......I - Q 3 ..... | - Q 4 ..... | 14.1 17.4 13.5 15.5 .3 .3 -. 1 -.0 -.7 - .7 .2 -. 1 .1 .1 .1 -.0 -1. 1 -.9 - .2 - .3 .5 -.2 -.3 .3 1 1 1 1 -.6 -.9 -.0 ~-4 -.6 -.4 -.1 -.4 -.4 -.2 .0 -.1 .9 .5 -.0 .4 1.8 1.1 -.7 .8 - .4 -.3 .2 -.2 1981-Ql ..... 1 - Q 2 ..... 1 - Q 3 ..... | - Q 4 ..... 1 17.9 17.9 19.6 18.8 -. 1 .6 .1 -.3 - .5 .1 .3 -.1 -.0 -.2 -.1 .1 -.6 - .3 -.7 -.7 .4 -. 2 .5 .1 1 1 1 | — -6 -.4 ~-8 -.2 -.2 -.3 -.5 .0 -.3 -.2 -.3 -.3 .5 .3 .7 .2 2.0 1.7 1.2 .1 -.4 -.3 -.5 -.0 1982-Q1 _____ 1 - Q 2 ..... 1 - Q 3 ..... | - Q 4 ..... | 17.7 17.8 16.8 14.8 -. 1 -0 -. 1 -.9 -.3 -.3 -1.3 .6 -.0 -. 1 .1 .5 .3 .4 -5 .8 .2 .1 .1 -.3 1 1 I I — -o --1 -7 >8 -.3 -.2 .5 .5 - .0 .0 .8 .6 .1 .1 -.6 -.9 .3 .2 - 1.2 -1 . 6 -. 2 -. 1 .7 .6 1 9 8 3 - Q 1 ..... | 1 1 1 1 1 197 7 - Q l _____ | - Q 2 ..... 1 - Q 3 ..... | -Q4....-I 13.8 -. 1 .4 .2 .3 -.7 I -6 .6 .3 - .5 -1.4 .3 8.3 8.1 8.4 9.4 -.4 -.3 -.3 -. 1 -1.1 -.9 -.2 -.4 .4 .2 -4 -2 .4 .8 .3 .0 -. 1 .6 .3 - .2 .6 .9 .8 .2 .4 .6 .5 -.0 .1 .5 .3 .0 -.1 -.2 -.1 -.0 1978 - Q 1 _____ ) -Q2~.„» . | - Q 3 ..... 1 -Q4...... | 9.3 9.6 10.4 11.7 .3 .2 -. 1 .1 -.1 - .9 -.3 .6 -. 1 -.3 -0 - .3 .7 -.2 -.6 -. 1 -. 1 .4 .3 .2 .4 .3 -2 -.3 .3 .2 .0 -. 1 .2 -0 -. 1 -.3 -.1 -.0 .0 .1 1979— Q 1 „ . „ . „ | - Q 2 ..... 1 - Q 3 ..... | - Q 4 -- | 12.5 12-8 12.9 16.2 .3 .1 .1 - .0 1.0 .7 -.1 -.1 - .0 -. 1 -. 1 -.4 - .4 -.5 -.7 -1.5 -. 4 -. 1 .1 .6 -.2 -.5 -.2 -.8 -.1 -.3 -.1 -.9 -.0 -.2 -.2 -.7 .0 .1 .1 .2 19 8 0 - Q 1. | - Q 2 ..... | -Q3...-..-I - Q 4 ..... 1 16. 0 18.5 12.8 16.3 .8 1-7 .0 .4 - .5 -1.3 .0 -1.0 -.4 -. 1 .3 -.5 -1.3 - 1.8 -..1 -.6 .0 -.4 -.4 .7 -.8 -1.5 .3 -.6 -.6 -1.0 .1 -.6 -.1 -.1 .2 -.3 .1 .1 -.1 .1 1 9 8 1 - Q J _____ | -Q2...... 1 - Q 3 ..... | — Q4----- | 19.9 19.5 20.8 18.9 1.2 1. 1 -.2 - .2 -2.4 -.2 1. 1 - .3 -.3 -.8 - .2 .3 -3.1 -1. 1 -1.2 .4 .5 .1 -8 -.2 -1.1 -.9 - 1.0 .1 -.5 -1. 1 -1. 1 .2 -.3 - .6 -.3 .1 .2 .2 .1 - .0 1 9 82-Q1 _____ | - Q 2 ---- - | — Q 3 - ---- | — Q4----- 1 18.0 17.9 15.6 13.3 - .5 - .3 .4 - .6 -.6 -.4 -1.5 1.7 .3 .1 .1 1.6 -.7 .0 2.5 .0 -2 -.6 -.2 .3 .4 2.1 1.7 .2 .2 1.8 1.4 -.1 -.0 1.8 1.1 -.0 -.0 -.2 -.2 1983— Q1„... . . | l I 1 I 1 1977-Q1_____ | - Q2___,. _ | - Q 3 ..... | — Q4. .... | 12.5 - .2 .1 .8 .8 - .9 1.1 .9 .6 -.2 8.9 8.9 8.9 9.0 1 | 1978-Q1 ____ .| - Q 2 ..... | -Q3.. — .-I - Q 4 ..... | 9.1 9.2 9.3 10.0 1979— Q 1 » .... 1 - Q 2 ---- -| — Q3» ..... | -O'*..... 1 332.2Q 1 3 3 2 . 3Q L ARGE BANKS** OTHER BANKS | -. 2 -. 2 -. 1 -.2 .1 -.3 -.2 .0 -. 1 -0 .1 -.0 .2 -5 -3 -1 .1 .0 - .4 .2 .1 .1 .1 .1 .1 .1 -.1 -.0 -.3 -.0 -.1 -. 1 .3 -.4 .3 .1 ( | | | - .2 -. 1 -. 1 -. 1 -.1 .1 -.1 .6 .0 -.0 .0 -. 1 .2 .2 -3 -2 .0 .1 .1 -. 1 -.0 .0 -.1 -.1 .0 -.0 -. 1 -. 1 -.0 .0 .0 -. 1 .0 -.1 .2 .4 10.4 10.7 10.9 13.1 | | | | .0 -.0 -. 1 .0 -0 .6 -.2 -1.0 .0 .0 .1 .1 -.3 -.4 -. 1 -.0 .1 -.4 .1 .2 -.2 -.2 -.1 -.3 -.2 -.2 -.0 -.0 -.2 -.2 -.1 -.1 .8 .7 .3 .3 1980— Q 1 • . | -Q2..„...| - Q 3 ..... | - Q4.....J 1 1 9 8 1 - Q 1 ..... | -Q2. — .-I - Q 3 ..... 1 — Q4.„. .„ | 13-7 17. 1 13.7 15.3 | | 1 | .2 .3 -. 1 -. 1 -.4 -.6 .4 .1 .3 .1 .1 .1 -.8 -.6 -.3 -.2 -. 1 -.5 -. 1 -.1 -.3 -.6 -. 1 -.2 -.3 -.1 -.2 -.3 -.2 .0 -. 1 .0 .6 .3 .3 .2 17.5 17.5 19.1 18.7 | | | 1 -.8 .1 .2 -.3 -. 1 .2 .0 -. 1 .1 .0 -.0 .1 -. 1 -.0 -.3 -.7 .2 -.4 -.0 .2 -.2 -.1 -.3 -.2 -1 .0 -. 1 .0 -.1 -1 .0 -.3 .1 -.0 .3 .4 1 9 8 2 - Q 1 _____ | - Q 2 ..... | ~ Q 3 ..... J -Q4.....| 17.5 17.7 17.5 15.5 | | | | .1 .2 -.2 - .3 -.1 -.2 -.4 .1 -. 1 -.2 -. 1 -. 1 .5 .5 - .3 .3 .2 .0 .4 .2 .1 -.1 -.1 .2 -.3 -. 1 -.2 -.0 .1 -1 .1 .1 -.0 .1 .1 -.2 1983— Q1-.___ | __ 14.2 | -4 .3 .1 .1 -.5 .3 .4 -1 -.3 L l * THE A P P R O X I M A T E C O M P O U N D E D ANNUAL I N T E R E S T R A T E ON EACH LOAN IS C A L C U L A T E D FROM SU R V E Y DATA ON T H E STATED RATE AND OTHER TERMS O F T H E LOAN. IN C O M P U T I N G T HE A V E R A G E OF T H E S E ESTI M A T E D E F F ECTIVE RATES, EACH LOAN IS WEIGH T E D BY I TS DO L L A R AMOUNT. ** "LARGE BANKS" ARE BANKS IN SURVEY STRATA 1-3, ROUGHLY BANKS WITH OVER $400 MILLION IN TOTAL ASSETS AS OF SEPTEMBER 1982. 37 SURVEY OF TERMS OF BANK LENDING TO FARMERS (NON-REAL-ESTATE LOANS MADE DURING FIRST WEEK OF MIDDLE MONTH OF QUARTER) TABLE 333Q PERCENTAGE OF LOANS HADE WITH A FLOATING INTEREST RATE* 1 1 | ALL LOANS ( 1 1 1 1 |_ 1 1977-Q1..... J 15.3 13.2 - Q 2 -----| 22.7 - Q 3 ..... | - Q 4 ..... | 17.3 P U RPOSE OF LOAN QUARTER 1978-Q1 ..... | - Q 2 -- -| - Q 3 ..... | - Q 4 ..... 1 I 1979-Q1 _____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... 1 1 1 9 80-Q1 ..... | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | I 198 1 - Q 1 _____ | - Q 2 ..... . | - Q 3 ..... | - Q 4 ..... 1 I 1 9 82-Q1 _____ | - Q 2 ..... | - Q 3 ..... J - Q 4 ..... | 1983 - Q 1 ..... | l_ 1 1 l_ 1 19 7 7-Q1 ..... | - Q 2 - .... | - Q 3 ..... | - Q 4 ..... 1 | FEEDER ( L I V ESTOCK OTHER L IVESTOCK OTHER CURRENT O P E R ATING EXPENSES FARM MACHINERY AND EOUIPMENT 3 3 3 . IQ I 1 1 1 I 1 OTHER | AMOUNT OF LOAN /THOUSANDS OF DOLLARS) 10 TO 24 25 TO 99 4.9 1-9 1.5 1-1 7.0 3.5 3.0 3.2 5.9 6.6 7.4 7.6 1.2 1.3 2.0 2.0 3.3 3.0 3.0 3. 1 1 TO 9 100 AND OVER SIZE OF BANK | LARGE** OTHER 36.6 40.6 54.4 44.4 66.8 48.8 64.5 61.8 2.3 2.3 .3 1.5 10.3 8.3 9.1 4.9 36.2 50-4 44.5 33.5 57.0 67.4 63.5 58.0 1.6 1.0 1.4 .6 ALL BANKS | 1 | | 27-7 17.3 41.4 14.9 4.9 30-1 6.9 9.6 16-4 5.5 8-7 22.9 4.4 5.7 10-8 1.3 20.3 18.7 30.3 22-3 15.0 22. 1 18.4 13.2 1 | | | 19.2 32.8 13.9 13.5 21.2 30.. 7 21.4 8-9 9.8 13-2 20.2 14.0 2.8 1.0 -7 3-5 25.5 32-5 29.9 22-2 1 | 1 | 1 1 | | | | 18.6 19.3 12.5 15.6 | | | | 22.6 21.6 12-9 11.6 22-4 16.7 12.5 17.3 12-9 19. 1 12.9 16.7 4-5 14.6 2-2 3-0 24.3 22.2 15-2 31.3 | 1 | | 4.3 3.7 2.1 2.2 3.2 6.6 5.2 9.1 9.7 8.9 7.3 11.9 41.3 44.5 26.7 26.8 61.4 70.8 65.5 68.0 2.9 3.8 1. 1 5-0 16.5 26.8 20.7 21.6 ( | | | 16-3 19.9 19.4 23.0 8.7 16.4 23.2 26.1 18.8 29.8 16-0 19.3 3-6 14.6 10.6 15.7 28.7 39.3 33.9 27.0 | I | | 4.0 7.1 7.0 9.0 5-4 20.9 8.7 13.6 6.0 18.2 13.2 15.9 36.3 38.7 39.9 34.2 68.3 80.0 74.7 74. 1 4.6 11.5 7.8 9.4 29.0 22.6 35.6 31.5 | | | I 36.5 30.3 32.5 35.5 19.3 15-5 22.6 30.7 33.2 20. 1 39.6 38-1 13-3 12-5 21-2 15.8 22.6 30-2 41.6 27.5 | | | | 11.3 14.0 17.6 19.1 14.0 12.6 21.5 24.9 23.0 15.3 24.2 25.6 46.4 34.2 56.4 40.7 84.2 80.0 85-7 71.7 17. 1 10.7 15.7 19.9 47. 1 38.1 37.3 34.4 | | | J 41.8 47.3 62.6 43.7 53-0 25-4 22-3 31.9 55-0 4 2.9 30-5 39.9 30.8 12-8 22.0 4-8 38.5 36.7 23-0 27.4 | I | | 23.5 25.8 27.1 21.0 26.2 23.5 29.3 22.9 35.4 29.5 35.9 19.7 65.3 55.6 42.1 53.1 70.7 74. 1 54.5 65. 1 34.6 23.4 27-0 22.2 42.7 | 57.2 26.3 53.3 23.5 22.0 | 23.4 J ___ 31.4 34.1 56.7 81.1 33.9 3 3 3 . 2Q LARGE BANKS** 66.8 48.8 64.5 61.8 67.3 46.9 70.8 63.4 71.8 62.1 55.6 70.7 58.7 29-1 45.6 71.0 31.3 52.0 39.9 39.7 80.9 64.8 74.3 48.4 1 | | | 1 27.4 33.1 26.5 27.8 35.1 39.2 34.5 35.5 48.7 37.7 45.2 45.9 75.4 53.7 69.8 68.6 1978-Q1..... | - Q 2 ..... 1 - Q 3 ---- -| - Q 4 ..... | 1 1979-Q1._____| — Q2 .....| - Q 3 ----- 1 - Q 4 ..... | 57.0 67.4 63.5 58.0 61.8 76.5 53.0 62.0 77-3 87-4 88.0 74.9 47.2 4 5-5 62.3 54-5 74-8 14.9 6.2 42. 1 54.6 80.5 82.8 53.6 | | | | 26.3 24.6 29.1 34.1 38.6 34.7 38.1 41.9 45.1 43.3 47.0 40.4 63.6 74.9 69.1 64.4 61.4 70.8 65.5 68.0 76.3 66.3 74.3 69.0 82-4 92.7 81.4 79.7 59-7 70.9 61. 1 63-0 59.1 82.8 28.8 50-4 44.7 62.3 59.8 70.8 | | f | 38.1 29.0 30.5 38.2 45.2 47.8 46.1 49.3 57.2 53.3 50.7 54.0 63.7 78.2 75-1 73.6 1980 - Q 1 ..... J - Q 2 - . ... | -Q3....-I " Q 4 ..... | 68.3 80.0 74.7 74. 1 86. 1 54.6 88.6 76.7 71.2 63.2 84.3 90-1 61.0 79.9 49. 4 71.2 31.8 63-3 76.8 84.7 64.9 95.6 91.9 70. 1 | | | I 37.0 38.7 37.4 45.1 42.5 43-9 51.2 53.5 56.7 53. 1 66.5 68.5 73.5 87.2 80.3 77.6 1981-QI_____ | " Q 2 . .... I - Q 3 ---- .| - Q 4 ..... | 84-2 80.0 85.7 71.7 92. 1 87. 1 95.7 80.4 69.4 51-0 59-7 91.7 81.6 75-9 83.2 77.5 69.4 64.8 84-8 82-1 86.8 93.0 85. 1 60.8 | | | | 47.6 53.6 56.4 53.3 56.9 59.6 65-8 63.7 71.4 64.4 68.7 74.6 91.3 84.9 89.9 72.1 1 9 82-Q1 ..... | — Q2.. - Q 3 ---- „1 - Q 4 ..... | 70.7 74. 1 54.5 65. 1 58.4 54.6 61.2 67.4 94.3 55.7 34.9 68.9 86.3 86.5 46.7 73.3 81.9 86-6 75.8 48.7 55.5 74.9 37.1 54.4 | | | I 59.8 67.2 70.7 66.2 65.2 70.6 75.4 75.9 75.8 73.5 72.2 66.4 70.6 74.7 52.2 64.4 1983— Q 1_____ | I I I I I 1 9 7 7 - Q 1 ..... J - Q 2 . ---- 1 — Q3-....| - Q 4 ..... | 81. 1 96.0 69.8 79. 1 92-3 72.7 J 1 73.5 80.4 79.5 81.6 2-3 2.3 .3 1.5 4.3 -0 .1 .9 .8 14-9 .0 .0 3. 1 .8 .3 -3 3.7 -6 .5 -2 .0 .4 .6 6-3 4.0 .2 .3 -1 5.0 -7 .4 .7 .7 1.0 .3 .6 .0 15.2 .0 6.8 1978-Q1_____ J -Q2.....I -Q3......I — Q 4 .....| 1.6 1.0 1.4 .6 -2 .0 .1 1.0 -0 .0 1.0 .0 3.6 .3 3- 1 .5 .0 -0 .0 .0 .1 4.4 .1 .8 •1 -2 -9 •6 .3 .2 -5 .4 3.0 .9 3.0 .3 3.3 3.1 .0 1.5 1979-Q1...... | -Q2......J - Q 3 ..... | — Q4-...... ( 2.9 3.8 1. 1 5.0 2.8 7.3 .3 3.5 1.6 -0 -0 1-0 1. 1 4-0 2.0 7-5 1-7 2-5 .7 -2 8.2 .2 1.4 9.5 2.9 2.7 -8 1.0 .1 3.2 1.3 6.7 3.7 2.4 1.3 8.2 4.5 7.9 1.0 1.8 1980-Q 1 | - Q 2 ---- Q 3 ..... | - Q 4 ..... J 4.6 11.5 7.8 9.4 .6 15. 8 2. 5 11. 1 2.6 3.6 4.0 10.0 9-2 1 1. 4 9.4 9. 1 2.0 11-5 3-6 9.6 1.9 4.4 14.0 7.1 1981 - Q I ..... J - Q 2 ..... | - Q 3 ..... J -Q4...... 1 17. 1 10.7 15.7 19.9 18.3 10.7 6.3 24. 1 10. 1 8.6 9.0 19.0 24.7 11.6 23.0 28-2 6.6 5.8 11.6 10-3 1 982-Q 1...... J - Q 2 ..... 1 - Q 3 ..... | -Q4...... .. | 34.6 23.4 27.0 22.2 25.9 42. 1 63.8 19.8 45.8 13.2 8.6 27.8 41.7 27-8 24.0 33.6 1983-Q1 ..... | _1_ 33.9 36.5 19.7 49. 1 3 3 3 . 3Q OTHER BANKS 2.7 5.6 5.6 7.9 3.0 19. 1 6.0 11.3 1.4 14.1 6.7 9.4 11.8 8.8 12.5 9.2 3.9 11.7 11.4 10.3 1 | 1 1 1 I 1 1 1 I 1 | | 1 1 I | | I | 1 | | | | 9.7 12.6 16.1 17.9 10.9 10.1 17.9 22.1 17.7 11.0 18.3 20.1 23.7 9.8 9.2 19.6 26-3 8-6 19.4 2.7 19.6 13.9 15.6 6.0 I 1 | | 21.5 23.7 24.3 18.8 22.5 19-6 25. 1 19-2 31.0 21.9 31.6 15.5 56.1 29.0 25.2 37.5 17.7 5.3 | 21.4 _±_ 28-7 29.7 44.6 * PERCE N T A G E OF AMOUNT OF LOANS MADE. A FLOATING RATE IS TI E D TO SOME OTH E R R ATE (SUCH AS THE PRIME R ATE OR A MARKET INTER E S T R A T E ) # AND NEITHER T H E B ANK NOR THE BORROWER KNOWS THE EXACT RATE OF I N T E R E S T TO BE C H A R G E D OVER THE LIFE OF THE LOAN. ** "LARGE BANKS" ARE BANKS IN SURVEY STRATA 1-3, ROUGHLY BANKS WITH OVER $400 MILLION IN TOTAL ASSETS AS OF SEPTEMBER 1982. 38 SURVEY Of TERMS OF BARK LENDING TO FARMERS (NOH-REAL-ESTATE LOANS MADE DURING FIRST NEEK OF MIDDLE MONTH OF QUARTER) T A BLE 3 3 4 Q AVE R A G E MAT U R I T Y OF LOANS MADE PUR P O S E OF LOAN 1 1 | ALL LOANS QUA R T E R FEED E R LIVE S T O C K A OTHER L I VESTOCK OTHER CURR E N T OPER A T I N G EXPENSES i i (MONTHS)* | 1 FARM MACHINERY AND EOOIPMENT 334. IQ OTHER A M OUNT OF LOAN (THOUSANDS O F DOLLARS) SIZE OF BANK | 1 1 TO 9 10 TO 24 25 TO 99 100 AND OVER LARGE** OTHER ALL BANKS i 19 7 7 - Q 1 _____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 10.9 8-3 7-0 9.4 6.0 6.7 6.0 6.8 19.2 6.5 7.4 5.7 6.9 6.5 5.3 5.6 16.6 - 16.5 8.5 12.5 13.0 10.4 12.0 18.4 1 | | | 9.1 8.1 6.9 8.0 8.8 7.9 10. 1 8.3 16.3 8.9 7.1 13.6 7.7 7.8 5.6 7.4 5.1 6. 1 5.6 5.8 12.4 8.9 7.9 10.6 1978-Q1 _____ - Q 2 ..... “ Q3..... - Q 4 ..... | | 1 | 10.0 9.1 6.6 7.4 6. 1 5.3 5.0 6.8 6.5 5-9 6.6 6.6 9.9 6. 1 5.3 6.2 18.3 17.8 20.4 16.2 8.7 15.9 6.1 7.1 1 | 1 | 7.8 8.7 7.5 7.5 11.3 7.6 6.6 8.9 11.2 10.2 8.7 7.3 9.6 9.1 4.5 6.6 6.7 10-1 4.4 5.2 11.0 8.6 7.5 8.0 1979-Q1 ..... | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 7-8 7.5 6.2 6.9 6.8 5.5 5.3 5.8 7.8 6.3 6.0 7.2 6.7 6.0 5.1 6.2 17.9 11.7 14.0 14. 1 6.6 14.1 6.7 8.8 | | | | 8.4 8.1 6.9 7.3 10.7 8.5 6.6 7.1 8.0 9.1 6.8 7.2 5.5 5.2 4.3 6.4 5-3 5.4 4.6 5.6 8.6 8.2 6.5 7. 1 1 9 8 0 - Q 1 _____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... 1 7-2 6-6 7.8 7.3 6.6 5.0 8.3 6.0 6.5 6.6 7.7 7.6 6.9 6.2 4.9 7.9 12.7 12.6 22.6 9.8 5.8 6.8 7.8 6-2 | | | | 8.1 6.4 6.1 6.7 7.6 6. 1 7. 1 7.1 6.9 6.5 9.4 6.1 7.0 6.8 7.5 8.5 5.6 8.0 5.9 6.2 7.6 6.1 8.2 7.5 1981 - Q J _____ | - Q 2 ..... 1 - Q 3 ..... | - Q 4 ----- 1 1 1982-Q1_____ | - Q 2 --- Q 3 ..... 1 - Q 4 ----- 1 6.2 6.8 5.0 5.8 7.2 5.3 4.5 5.6 4.9 8.0 5.4 6.4 6.2 6.2 4.5 5-2 10.8 13.5 12-1 7.4 4.2 6.5 4.2 5-4 | | | | 6.4 6.8 5.6 5.8 6.2 6-4 5.2 7.3 6.3 6.5 5.7 5.6 6.1 7.2 4.1 5.3 5.8 7.5 3.6 4.9 6.3 6.7 5.4 6.0 7.1 7.6 5.4 5.8 3.9 4.6 6.6 4.9 7.7 10.. 0 4.5 5-8 8.2 8.5 5.5 5.6 9.0 7.4 7.7 8.7 5.3 6.9 3.9 5.6 | | | | 6.2 6.6 5.6 5.4 8.3 6.4 5.8 7.1 7.5 6.4 6.1 6.0 6.6 9.3 5.1 5.2 5.9 9.4 5.0 4.2 7.6 6.9 5.7 6.3 9.6 5.0 12.3 10.8 14. 1 7.0 | 7.9 8.9 9.2 10.5 6.7 10. 1 1983 - Q 1 _____ | I I 3 3 4 . 2Q LARGE BANKS** I 1 9 7 7 - Q 1 ..... ) - Q 2 — ...| - Q 3 ..... | -Q4. — .-I 5.1 6. 1 5.6 5.8 4.6 5.2 5.5 5.0 6.5 5.7 6.0 5.1 4.2 6.3 3.9 5-1 14.6 9.3 5.8 10- 1 6.4 6.4 7.4 7.4 | | | i 7.4 6.4 4.9 6.1 7.0 6.6 5.4 4.6 7.6 5-9 5.0 5.3 4.3 6.0 5.7 6.0 1978 - Q J ..... ( - Q 2 ..... | - Q 3 ..... 1 - Q 4 ..... | 6.7 10. 1 4.4 5.2 4.8 4.5 3.9 4. 1 5.8 3.0 7.1 5.0 6.9 5.2 4.0 4.3 13.2 21.9 9.6 24.8 7.4 26.0 4.2 6.5 | | 1 | 6.7 6.5 5.7 5.3 6.2 7.2 5.5 6.0 6.4 6.3 5.2 6.0 6.8 11.2 4.2 5.0 1 9 7 9 - Q 1 _____ | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 5.3 5.4 4.6 5.6 4.4 4.6 3.8 3.0 7.1 6.2 5.2 4.4 5.9 5.4 4.1 5.7 12.9 5.2 12.5 23.5 4.5 6.4 5.6 7.2 | | | | 7.4 7.0 5.2 5.3 7.5 6.8 5.3 5.1 5-8 6.2 5.5 7.8 5.0 5.0 4.1 5.1 1 9 8 0 - Q 1 _____ 1 - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 5.6 8.0 5.9 6.2 4. 1 4.2 4.0 5.9 5.9 8-3 8.1 6.6 6.5 8.8 4.5 5.2 22.5 7.3 7. 1 11.6 4.5 8.8 8.8 6.7 | I | ( 7.9 6.5 5.8 5.2 7.0 5.7 5.2 5.5 5.9 5.6 5.4 4.7 5.4 8.5 6.1 6.7 1981-Q1.— ..I - Q 2 ..... | - Q 3 ----- 1 - Q 4 ..... | 5.8 7.5 3.6 4.9 6.7 4.9 2.7 4.7 5.6 4.9 3.9 8.3 5.7 6.3 4.0 5.4 7.2 40.9 10.5 8.0 4.8 6.1 2.8 3.8 | | | 1 5.8 6.5 5.4 5.1 6.2 7.3 5.7 5.2 5.4 6.1 5.6 6.6 5.9 7.7 3.2 4.5 1 9 8 2 - Q 1 ..... | - Q 2 ----- 1 - Q 3 ..... | - Q 4 ..... | 5.9 9.4 5.0 4.2 1.9 4.2 7.5 3.8 6.4 4.2 2.6 6.9 8.7 15.0 4.9 4. 1 11.0 10.6 18.8 13.3 3.1 6.5 1.2 4.0 | 1 | I 7.0 7.1 5.0 5.0 6.6 7-0 6.3 5.6 7.1 7.3 5.4 5.3 5.7 10.0 4.9 4.0 1983-Q1 _____ | 6-7 3.9 3.1 7.8 10. 1 8.4 | 6.4 7.8 9.3 6.3 J 1 1 1 197 7 - Q 1 _____ l - Q 2 . .... | - Q 3 ..... | -Q 4 ..... | 1978-Q1..... | - Q 2 ..... | - Q 3 ----- 1 - Q 4 .....I 1 1 9 7 9 - Q 1 ----- 1 - Q 2 ..... | - Q 3 ____ _ | - Q 4 ..... | 1 1 9 8 0 - Q 1 ..... | - Q 2 ----- 1 - Q 3 ..... | - Q 4 ---- ~| 1 1981-Q.1_____ | - Q 2 ..... | -Q3„.«..| - Q 4 ..... | 1 1 9 8 2 - Q 1 ..... | - Q 2 ..... | - Q 3 ..... | - Q 4 ..... | 1 1 9 8 3 - Q 1 ..... | 3 3 4 . 3Q OTHER BANKS 12-4 8.9 7.9 10.6 6.7 7.5 6.8 7.4 20-3 6.9 7.6 5.7 7.7 6. 5 5-7 5.8 16.7 17.3 9.5 12.6 15. 1 11.9 15.0 24. 4 9.2 8.2 7.0 8.0 8.9 8.0 10.6 8.6 17.4 9.4 7.6 15.2 11.9 11.5 5.3 9.3 11.0 8.6 7.5 8.0 6.9 6.2 5.6 7.6 6.8 7.5 6.5 6.8 10.5 6.3 5.8 6.7 18.5 17.5 21.8 15.6 9.6 10.6 7.0 7.4 7.9 8.8 7.6 7.6 11.8 7.6 6.7 9.1 12.3 11.0 9.3 7.. 5 12.5 5.8 5.1 8.2 8.6 8.2 6.5 7.1 7.6 5.9 5.9 6.2 8.0 6.3 6.2 8.1 6.9 6.2 5.3 6.3 18.1 12.9 14.0 13.5 7.9 17.4 7.0 9.6 8.4 8.2 7.0 7.4 10.9 8.6 6.8 7.2 8.3 9.6 7.0 7.1 6.4 5.4 4.5 7.1 7.6 6.1 8.2 7.5 8.0 5-2 9.6 6. 1 6.6 6.3 7.6 7.9 6.9 5.3 5.0 8.3 12.2 12.8 24.2 9.6 6.7 5-7 7.3 6.0 8.1 6.4 6.1 6.7 7.6 6. 1 7.2 7.2 7.0 6.6 9.9 6.3 8.5 5.1 8.8 9.4 6.3 6.7 5.4 6.0 7.3 5.4 5. 1 5.7 4.7 8.6 5.9 6.0 6.2 6.2 4.7 5.1 11.2 10.5 12.3 7.3 4.0 6.6 4.8 6-1 6.5 6.8 5.6 5.9 6.3 6.4 5. 1 7.4 6.4 6.5 5.7 5.5 6.2 7.0 5.2 5.8 7.6 6.9 5.7 6.3 5.3 4.9 5.9 6.0 7.8 12.2 6.5 5.7 8.0 6.4 5.7 5.8 8.9 7.2 7.2 8.6 6.7 7. 1 5.2 6.7 6.2' 6.6 5.7 5.5 8.4 6.3 5.8 7.1 7.5 6.3 6.2 6.0 7.8 8.5 5.2 6.6 10- 1 5.6 13.4 11.3 14.4 6.7 7.9 9.0 9.2 12.2 _i_ * A V E R A G E MATUR I T Y OF N O N D EHAND LOANS# WITH EACH L OAN W EIGHTED BY ITS DOLLAR AMOUNT. ** "LARGE BANKS" ARE BANKS IN SURVEY STRATA 1-3# ROUGHLY BANKS WITH OVER $400 MILLION IN TOTAL ASSETS AS OF SEPTEMBER 1982. SURVEY OF TERMS OF BASK LENDING TO FARMERS (NON-REAL-ESTATE LOANS MADE DURING FIRST SEEK OF MIDDLE MONTH OF QUARTER) TABLE 335Q QUARTER AMOUNT, i I 1 ALL LOANS 1 1 \ i i ! 1 1977-Q1___ --i -Q2- — -Q3... — Q 4 . .. 1 1978-Q1-.~ Q 2 — .— 1 - Q 3 ™ --I — Q 4 • --I 1 1979-Q1 — . --i — Q2--„ -.-I -Q3. .. --I - Q 4 . ~ --1 1 1980-Q1... --I -Q2o- .--I - Q 3 --- — 1 -Q4... --I 1 1981— Q 1 - -- - -i — Q2--«. -Q3... --i ~Q4--« --I 1 1982-Q1- — — 1 - Q 2 . — --I -Q3— - — 1 -Q4— ~l 1 1983— Q1--., ~ l 1 1 1 1 1 1977-Q1.„„ 1 - Q 2 --- .-1 -Q3— -Q4» .. --I 1 1 978-Q1. .« --I — Q2»«-Q3— -.1 -Q4.... 1979-Q1... -Q2.„„ ...1 -Q3..„.. „ | — Q4 . . 1 1980-Q1... --I - Q 2 „ - --1 - Q 3 . - .-1 -Q4-„., 1 1981-Q1... ..1 -Q2-... --I -Q3.,» . ...1 ~ Q 4 --- — 1 t 1982— Q1„.. - -1 - Q 2 --~ Q 3 --Q4 . . . --I i 19 8 3-Q1 --1 1 1 1 1 1 9 7 7 - Q 1 ... --I -Q2.— - Q3 - .- -«l — Q4.. -1 1978— Q1..... — Q 2 . ....„1 -Q3- — ... | -Q4- — --I 1 1 1979— Q1...., - Q2 - -Q3,... --I — Q 4 . .. --1 1 1980-Q1... • -1 - Q 2 --- ... t - Q 3 --- --i -Q4- — ...| 1 1981-Q1--., -Q2- — --I -Q3— . -Q4.~. -••1 1 19 8 2 - Q 1 --- Q 2 ... - ■■1 -03 — --I — Q 4 . .. — I i 1983-Q1 ... | 1 i 1 1 FEEDER 1 L I V E STOCK 1 NUMBER, P U RPOSE OF LOAN OTHER L I V E STOCK OTHER C U RRENT O PERATING EXPENSES 3 3 5 . IQ 25 TO 99 100 AND OVER SIZE OF BANK | 1 | LARGE* OTHER | AMOUNT OF LOAN (THOUSANDS OF DOLLARS) FARM MACHINERY AND EQUIPMENT OTHER AMOU N T OF LOANS MADE 1 TO 9 10 TO 24 (MILLIONS OF DOLLARS) 823. 925. 872. 709- ! | | | 114. 156279. 170. 125124. 47. 85. 292. 380. 326. 233. 114. 91. 71. 64. 175171.. 136. 155- 172. 197163146- 145. 213. 158. 137. 253286. 232. 197. 253229. 320. 228. | | | | 167. 218. 305. 185. 657. 707. 568. 523. 797. 995. 825. 949. | | I | 168. 235. 246380. 48. 86. 62. 104. 303. 359. 341. 293. 10S83. 5876. 163208. 117. 95- 162,. 186. 159135. 169. 175. 151. 187. 219256. 239327. 247. 379. 276. 301. | J | | 192. 316. 227. 208. 604679. 598741. 968. 1057. 818. 1197- | J j | 304268. 218. 499. 84. 128. 92. 72. 292. 426. 331. 387. 76112. 53. SI- 212. 123. 124. 153. 154. 201151. 160. 160. 181. 126. 184. 321324. 267416. 333. 351. 273. 436. | i | | 260. 246. 144. 202. 708. 812. 673. 995. 1142. 12119481301. | l f ] 303. 392203. 337. 118. 67. 8581. 472. 452. 390. 533. 103. 67. 71. 130. 126233. 198. 220. 149164146191. 177168. 182. 217. 406. 303290387- 410577. 330. 506. | | | | 213. 271. 182. 246- 929. 940. 766. 1056. 10831419. 918. 1261. | | | | 183. 296. 253. 239. 64. 119. 58. 91. 523. 664. 451. 456. 88. 124. 58. 89- 219206. 98. 350. 148188145. 157. 166. 236. 143. 180. 354. 402. 262. 360- 415. 593. 367. 565. J | | | 192. 244. 262. 281. 892. 1175. 656. 980. 1266. 1224. 1217. 1458- i | | | 217. 184. 214. 429. 70. 83. 75. 187. 623. 568521. 467. 10711241. 153. 242. 275301220- 138173145. 158. 167. 214. 158. 234. 359. 357. 262. 452- 603480. 652. 614. | | | | 439. 356457. 413. 827. 868. 760. 1044. 1245. | 160. 100. 628- 74- 280- 164- 181. 326. 574. 1 233. 1013. 335.2Q NUMBER OF LOANS HADE THOUSANDS) 66.7 77.5 64.8 53.8 | | | | 6.2 8-5 8-8 9-8 8.4 9. 1 6.5 6.5 30.1 40.3 32.7 21.8 11-5 11.2 8.6 7.3 10.3 8.4 7.8 8.4 49.8 56.5 47.9 39.1 9.9 13.8 10.8 9.6 6.1 6.3 5.3 4.2 0.9 1-0 0.8 0.8 3.2 4.3 3.8 3. 1 63.5 73.3 61.0 50.7 64.8 70., 0 63.4 58.. 3 | | | | 10-5 10-3 10.7 14-6 6.1 7.7 4.9 5.6 30.0 33.7 34.5 24.1 9.3 10-0 5.9 7.8 8.6 7.9 7.4 6.0 46.8 51.0 46.0 36-8 11.4 11.7 10. 1 12.6 5.4 6.0 6.3 7.4 1.2 1.3 1-0 1.4 3.8 4.4 3-4 3.3 61.0 65-6 60.0 55.0 62-5 74.3 59-2 65.9 | | | | 10-9 10-8 6.9 11-1 6.2 6.6 5.3 5.6 26.8 41.5 32-4 33.0 8-1 8.9 6.9 9-0 10.5 6.5 7.6 7.0 43. 1 53.5 42.8 42.5 11.2 12.3 9.0 12.8 7.0 7.0 5.9 8.5 1.3 1.5 1.5 2. 1 3.4 4.1 3.3 3. 1 59.2 70.3 55.9 62. 8 63-9 64-7 60.. 1 72-1 | 1 | | 9-6 8-7 7.8 12-2 6.5 5.0 4.7 6. 1 30.8 37.8 33.2 32.9 8.7 7-6 5.4 12-8 7.7 5.5 8.9 8.1 41-0 44.2 38.8 46.7 12.0 11-3 12.9 14.6 8.9 7.2 6.8 8.6 1.9 1.9 1.6 2. 2 3.3 3.6 3.4 3.5 60.5 61.1 56.7 68.7 60.. 8 77.6 56.8 64.3 i | | | 6.4 8-7 5-9 8-9 4.6 5.8 3.5 6. 1 37.0 47.5 36.5 33.2 6.0 9-5 5.7 8.1 6.6 6.0 5.3 7.9 39.2 50. 1 40.3 41.2 11.3 15.8 9.8 12.4 8.3 9.2 5.8 8.4 1.9 2.5 1.0 2.3 3.5 3.6 3.0 3.3 57.3 74.0 53.8 61.0 57.8 71.0 59-6 67.6 | | | 1 5.1 4.8 5-2 9.8 3.7 5.0 4.9 7.2 37.5 46.9 38.2 36.8 5-9 6.4 4-2 6.9 5.4 7.8 6-9 6.9 36.8 46.4 41.2 40.4 11. 1 15. 1 10.9 16.0 7.9 7.7 5-8 9.4 2.0 1.8 1.6 1.8 3.9 5.0 4. 1 4.0 53.9 66.0 55.4 63.6 66.5 | 5.2 6.7 38.3 7.3 8.7 44.4 12. 1 7.2 2.7 3.3 63.2 3 3 5 . 3Q AVERAGE AMOUNT OF LOAN (THOUSANDS OF DOLLARS) 12-3 11-9 13-5 13.. 2 18.2 18-2 31-7 17-4 14.9 13- $ 7.2 13.2 9.7 9.4 10.0 10.7 9.9 8. 1 8.3 8.8 17.0 20-3 17.4 18- 5 3.5 3-5 3.4 3-7 14.7 15.4 14.6 14.2 41.3 45-2 43.9 47.0 282.0 238. 1 3 91.2 287.5 52.3 50.9 79.6 59-8 10.3 9.7 9.3 10-3 12.. 3 14.2 13.. 0 16.3 16.1 22.8 22.9 25-9 7.9 11.2 12.8 18.4 10.1 10.7 9.9 12.1 11-2 8.3 9.9 9.8 19- 1 26.3 16. 0 15.9 3-5 3-6 3.5 3-7 14.9 14-9 14.9 14.8 40.2 42.5 38.1 44.2 203.2 300.7 274.0 213.5 50.4 72.4 66.5 63.5 9.9 10.3 10.0 13.5 15-5 14-2 13.. 8 18-2 27-8 24.7 31-5 44-8 13.4 19.5 17.4 13.0 10.9 10.3 10.2 11.7 9.4 12-6 7.6 9.0 20-2 19.0 16.3 21.8 3.6 3.8 3.5 3.8 14.. 3 14.7 14. 1 14. 4 46.2 46.2 45.0 48.7 253.6 237.6 186.6 209. 4 76.9 60. 3 43.8 65. 1 12. 0 11.6 12.0 15.8 17.9 18.. 7 15.8 18.0 31.7 45.3 25.8 27-5 18.3 13.5 18. 1 13.3 15.3 12.0 11.8 16.2 11.8 8.. 8 13- 1 10. 1 16. 4 42.0 22.3 27.3 3.6 3.7 3.8 4. 1 14.8 14. 8 14. 1 14.9 45.5 42. 1 42.6 44.8 212.4 296.2 209.6 234.4 64.0 76.. 3 53.3 71.. 1 15.3 15.4 13.5 15.4 17., 8 18.. 3 16-2 19.6 28.8 34.1 43.1 26-8 13.8 20.5 16.7 15.0 14.1 14.0 12.4 13.7 14.6 13. 1 10.3 11.1 33-0 34.4 18.3 44.5 3.8 3.8 3.6 3. 8 14.7 14.9 14.6 14.5 4 2-5 43.7 45.3 43.0 223.9 238.3 382.6 245.6 55.. 0 68.4 86.2 85.0 15.6 15. 9 12.2 16. 1 21-9 17-2 20-4 21.. 6 42-6 38-2 41.1 43.9 18.8 16.6 15.3 26.0 16.6 12.1 13.6 12.7 18. 1 17.5 9.5 22.1 44.7 35.4 43.4 31-8 3.8 3.7 3.5 3.9 15.0 14-2 14.5 14.7 45.5 46.4 44.9 48. 1 296 . 0 262.5 398.0 333-4 111.1 72-0 111.3 102.7 15.4 13. 1 13.7 16.4 18.. 7 30-6 14.9 16.4 10.2 32. 1 3.7 15.0 45. 1 212. 0 70.6 16.0 * "LARGE BANKS" ARE BANKS IN SURVEY STRATA 1-3, ROUGHLY BANKS HITH OVER $400 MILLION IN TOTAL ASSETS AS OF SEPTEMBER 1982 39 AND AVERAGE AMOUNT OF LOANS MADE 40 LAUD TALOE AMD CREDIT CONDITIONS SURVEY, SEVENTH FEDERAL BESEBVE DISTRICT— FEDERAL RESERVE BANK OF CHICAGO TABLE 341. IQ FARH N O N - R E A L - E S T A T E LEN D I N G 1 1 | 1 1 1970-Q1...| -Q2... | - Q 3 ---| -Q4...I DATE OF SORVEI DE H A N D F OR LOANS LONER SAHE E X P E R I E N C E DOBING T HE P R E C E D I N G QUARTER, P E R C E N T A G E O F BANKS REPO R T I N G FUND AVAILA B I L I T Y HIGHER LONER SAHE HIGHER LOAN R E P ATHENT RATE LONER SAHE HIGHER C O U P A B E D WITH A TEAR EARLIER RENER A L S OR EXT E N S I O N S LONER S AHE HIGHER C O L L A T E R A L R EQUIRED LONER SAHE HIGHER 18. 17. 10. 13. 47. 50. 45. 51. 35. 33. 45. 37. 33. 29. 25. 13. 54. 58. 61. 64. 13. 13. 14. 23. 8. 10. 13. 13. 68. 70. 75. 79. 24. 20. 11. 8. 18. 18. 10. 9. 62. 65. 71. 74. 20. 17. 20. 17. 1. 1. 1. 0. 74. 76. 78. 81. 25. 23. 21. 19. 19. 12. 8. 9. 48. 42. 40. 48. 33. 46. 52. 44. 108. 8. 7. 53. 45. 46. 54. 37. 47. 46. 39. 27. 24. 20. 16. 65. 68. 7074. 8. 8. 10. 10. 7. 7. 7. 9. 59. 63. 67. 72. 34. 30. 26. 19. 0. 1. 1. 2. 83. 79. 86. 86. 17. 20. 13. 12. 16. 10. 9. 9. 47. 44. 48. 48. 37. 46. 44. 43. 6. 58. 4. 44. 41. 45. 45. 50. 54. 47. 50. 12. 6. 5. 3. 70. 72. 76. 74. 18. 22. 20. 23. 16. 17. 19. 20. 69. 73. 74. 72. 15. 10. 7. 8. 1. 1. 2. 1. 87. 88. 91. 92- 13. 11. 8. 7. 1973-Q1...| -Q2...J - Q 3 --- | -Q4---I 12. 10. 11. 14. 45. 32. 34. 36. 42. 58. 55. 50. 5. 10. 15. 27. 53. 42. 47. 47. 42. 47. 38. 27. 22. 9. 7. 6. 54. 57. 66. 65. 24. 34. 27. 30. 22. 30. 23. 28. 52. 56. 65. 64. 26. 14. 12. 8. 1. 2. 3. 2. 93. 88. 86. 84. 6. 10. 11. 14. 1 9 7 4 - Q 1 ___| -Q2...J -Q3...| -Q4...| 21. 20. 14. 20. 33. 33. 31. 33. 46. 47. 56. 46. 16. 11. 32. 45. 43. 45. 47. 41. 41. 44. 21. 14. 6. 8. 27. 28. 46. 49. 59. 59. 48. 43. 14. 13. 43. 41. 13. 11. 47. 47. 57. 58. 10. 12. 30. 32. 4. 3. 1. 1. 82. 83. 76. 67. 14. 14. 23. 33. 19 7 5 - Q 1 ... | -Q2...I - Q 3 ---| - Q 4 ---| 25. 19. 13. 14. 28. 29. 32. 40. 47. 52. 55. 46. 29. 22. 14. 10. 43. 49. 51. 49. 28. 29. 35. 41. 37. 44. 30. 15. 46. 48. 60. 64. 17. 8. 10. 21. 14. 7. 11. 19. 45. 42. 56. 62. 41. 51. 33. 19. 1. 1. 0. 1. 69. 71. 78. 81. 30. 29. 22. 18. 1976-Q1...| -Q2...| — Q3«.. | - Q 4 . .. | 15. 10. 8. 10. 36. 39. 37. 40. 49. 51. 55. 50. 11. 11. 9. 13. 48. 48. 48. 49. 41. 41. 43. 38. 21. 18. 14. 19. 59. 64. 69. 69. 21. 18. 16. 12. 20. 17. 16. 12. 57. 58. 67. 68. 23. 26. 17. 20. 1. 1. 1. 1. 83. 81. 83. 85. 16. 18. 17. 14. 1977-Q1...| -Q2..-I -Q3. . . | -Q4..-I 8. 6. 34. 34. 27. 26. 30. 58. 67. 72. 65. 1217. 25. 37. 46. 50. 47. 49. 42. 33. 28. 14. 28. 30. 40. 52. 62. 61. 5545. 10. 9. 6. 4. 10. 10. 4. 3. 56. 56. 51. 41. 34. 34. 45. 56. 1. 0. 0. 0. 83. 83. 80. 73. 16. 17. 19. 26. 1978-Q1... | -Q2...J -Q3...| -Q4..-I 10. 10. 9. 5. 3328. 34. 33. 57. 62. 57. 62. 31. 38. 41. 48. 51. 45. 4540. 18. 17. 14. 12. 50. 46. 29. 28. 42. 45. 61. 61. 9. 9. 10. 12. 57. 9. 9. 40. 42. 57. 60. 56. 52. 34. 31. 0. 0. 0. 0. 77. 71. 76. 75. 23. 29. 24. 25. 1979-Ql...| -Q2..-I -Q3. . - I -Q4.. . | 16. 11. 11. 13. 33. 23. 31. 34. SI67. 58. 54. 50. 60. 50. 49. 38. 30. 39. 40. 12. 11. 11. 11. 26. 30. 22. 21. 56. 55. 65. 69. 18. 15. 13. 10. 14. 11. 10. 10. 56. 52. 63. 64. 30. 37. 27. 27. 1. 0. 0. 0. 75. 69. 74. 67. 24. 31. 26. 33. 1980-Q1. . . ] -Q2. .. | -Q3..-I — Q 4 . .. | 30. 47. 56. 48. 29. 22. 22. 32. 41. 32. 21. 20. 4 5. 58. 23. 12. 43. 36. 47. 45. 12. 7. 30. 43. 33. 58. 44. 25. 55. 33. 43. 55. 12. 9. 12. 20. 10. 6. 9. 16. 53. 33. 45. 55. 38. 61. 45. 28. 0. 1. 0. 0. 67. 42. 62. 71. 33. 57. 38. 29. 1981-Q1...I -Q2...I - Q 3 ---| ~Q4. . . | I 1982-Q1...| -Q2...I -Q3...I -Q4...| 1 1983— Q 1___| ____________ 1__ 63. 49. 42. 52. 24. 31. 32. 29. 13. 19. 27. 18. 108. 18. 16. 38. 42. 43. 45- 53. 49. 39. 39. 22. 29. 38. 52. 42. 52. 53. 42. 36. 19. 8. 6. 26. 17. 6. 3. 49. 51. 50. 38. 25. 32. 43. 58. 0. 10. 0. 75. 71. 68. 62. 24. 28. 32. 38. 5350. 42. 38. 28. 24. 31. 36. 19. 26. 27. 26. 8. 9. 8. 9. 48. 47. 48. 46. 44. 43. 44. 45. 60. 68. 62. 66. 31. 29. 35. 32. 9. 4. 3. 2. 6. 3. 3. 2. 30. 26. 30. 29. 65. 72. 67. 69. 0. 0. 0. 1. 56. 44. 45. 42. 44. 56. 55. 57. 47. 32. 21- 6. 36. 58. 61. 31. 8. 5. 30. 65. 0. 45. 55. 1971-Q1...| -Q3...| -Q4...| 1972-Q1...I -Q3...| -Q4...| 41 LAID VALUE ABD CREDIT CONDITIONS SOB?El, SEVENTH FEDERAL BESEHVE DISTRICT— FEDERAL RESERVE BANK OP CHICAGO TABLE 341.2Q FA R E B O B -R E A L -E S T A T E TOTAL 1 | | LOBER SAHE HIGHER 1 1 8. 197 0-Q 2 ...I 60. 32. 13. 59. 29. - Q 4 ------| 10. 61. 29. DATE OP SURVEY LO AB VO LUBE EX PECTED D U R IB G T H E C U R R E B T Q U A R T E R , C O H P A R E D P E R C E B T A G E O P B A N K S R E P O R T IB G FBBDBR CATTLE DAIRY LOVER SAME HIGHER LOBER SAME HIGHER W IT H V O LU M E CROP STORAGE LOVER SAHE HIGHER OP LO AES HADE A TE A R E A R L IE R FARH HACHIHERY OPERATING LOVER SAHE IHIGHER LOVER SAHE 1 HIGHER 19. 19. 27. 5658. 51- 25 . 23. 23 . 23. *** *** 6 9. *** *** 8. **♦ *** *♦* *** 15. *** *** 54. *** *♦* 31. 8. 10. 9. 49. 52. 57. 44. 38. 34. 30. 32. 29. 44. 45. 49. 25. 23. 22. 9. 6. 7. 7. 555256. 52. 36. 42. 37. 41. 32. 22. 18. 13. 58. 65. 66. 48. 9. 1317. 39. **♦ *** *** *** *** *** ♦** **♦ *♦* *♦* *** *♦* 14. •** *** 6. 57. **• *** 53. 29. *** *** 41. 6. 5. 9. 8. 47. 34. 48. 59. 46. 60. 44. 33. 34. 26. 20. 14. 49. 47. 57. 58. 17. 27. 23. 28. 1 97 2-Q 1 ..-I -Q 2 -.-I -Q 3 ..-I -Q 4 ..-I 10. 6. 7. 10. 53. 48. 60. 50. 38. 46. 33. 40. 13. 16. 18. 19. 60. 59. 50. 43. 27. 24. 32. 38. 13. 14. *•* *♦* 76 . 72. *** *** 10. 14. *** *** 13. *** 12. 63. *** *** 60. 24. *** *** 28. 10. 7. 10. 18. 48 . 42. 55. 56. 42. 51. 35. 26. 11. 7. 10. 9. 54. 51. 60. 47. 35. 42. 30. 44. 1973-Q1___ 1 -Q 2 «- - | - Q 3 ------| 12. 8. 10. 22. 42. 31. 46. 35 . 46. 61. 45. 42. 15. 23. 38. 28. 55. 43. 38. 40. 30. 34. 24 . 32. 14. 15. 24. 23. 73. 66. 60. 61. 13. 19. 16. 16. 18. 16. 12. 10. 61. 60. 50. 44. 21 . 23. 38. 46. 11. 7. 9. 21. 36. 27. 39. 41. 52. 66. 52. 39. 8. 5. 9. 12. 39. 26. 39. 30. 53. 69. 53. 58. 1974-Q 1...| -Q 2 ...| -Q 3 ..-I 2 2. 11. 16. 28. 36. 30. 40. 36. 42. 59. 44. 36. 37. 53. 59. 67. 40. 35. 33. 26. 23. 12. 8. 7. 22. 24. 27. 37. 60. 59. 62. 51. 17. 17. 11. 11. 20 . 17. 14. 16. 50. 57. 57. 43. 29. 26. 30. 41. 16. 7. 6. 12. 28. 19. 28. 30 . 56. 74. 66. 58. 15. 8. 22. 25. 28. 28. 37. 36. 56. 64. 42. 40. 1975-Q1. . . | -Q 3 ...I -Q 4 ..-I 2 3. 14. 14. 21. 29. 30. 43. 43. 48. 55. 43. 35. 73. 58. 36. 28. 22. 33. 42. 42. 5. 9. 22. 30. 44. 33. 25. 27. 48. 56. 66. 64. 8. 11. 9. 9. 2323. 17. 14. 47. 53. 57. 53. 3 0. 24. 27. 32. 9. 4. 7. 18. 21. 18. 32. 42. 70. 78. 61. 40. 25. 28. 26. 15. 35. 36. 40. 40. 39. 36. 34. 45. 1976-Q 1...| -Q 2 ...I -Q 3 ...I -Q 4 .--I 13. 8. 9. 10. 43. 39. 46. 42. 44. 53. 45. 48. 21. 27. 36. 41. 51. 52. 50. 45. 28. 21. 14. 14. 23 . 22. 26. 23. 66. 65 . 61. 65. 11. 13. 13. 11. 14. 17. 16. 12. 53. 57. 55. 50. 33. 25. 29. 38. 9. 7. 7. 8. 36. 31. 38. 40. 55. 62. 56. 52. 12. 11. 12. 16. 43. 38. 45. 41. 45. 51. 43. 43. 1977-Q 1...| -Q 2 ..-I -Q 3 ...I -Q 4 ---I 7. 4. 7. 11. 38 . 32. 36 . 31. 56. 64. 57. 57. 22. 31. 25. 13. 54. 53. 54. 50. 24. 16. 20. 37. 20. 21. 17. 18. 67. 62. 71. 69. 13. 18. 12. 12. 11. 14. 12. 11. 50. 54. 44. 26. 38. 32. 44. 63. 4. 2. 4. 9. 31. 21. 29. 30. 65. 77. 66. 61. 16. 14. 30. 55. 41. 39. 39. 30. 43. 48. 30. 15. 1978—Q 1 - - - | -Q 2 ...I -Q 3 ..-J -Q 4 ...| 10. 8. 10. 11. 39. 29. 45. 40. 51. 63. 45. 49. 14. 13. 18. 17. 55. 46. 50. 40. 30. 41. 31. 44. 16. 15. 15. 17. 73. 67. 73. 68 . 11. 18. 12. 15. 16. 17. 13. 12. 45. 55. 57. 40. 39. 28. 29. 48. 8. 7. 9. 13. 31. 23. 38. 40. 61. 71. 53. 47. 45. 35. 26. 20. 37 . 34. 44. 43. 18. 31. 30. 37. 1 979-Q 1... | -Q 2 -..I -Q 3 .--1 -o a — i 19. 10. 16. 22 . 39. 32. 39. 38. 42. 58. 45. 40. 26. 26. 31. 29 . 40. 40. 48. 40. 34. 34. 21. 30. 21. 17. 18. 21- 68. 65. 70 67. 12. 18. 12. 11. 20. 20. 25. 23. 55. 55. 57. 52. 25. 25. 18. 26. 10. 7. 8. 15. 35. 25. 36. 34. 54. 68. 57. 50. 25. 17. 22. 28. 41. 35. 42. 37. 35. 48. 36. 35. 1980-Q1. . • | -Q 2 ...I -Q 3 ...| -Q 4 ...| 2 6. 54. 42. 35- 33. 18. 36. 41. 41. 28. 22. 24. 35. 70. 42. 32. 47. 26. 49. 51. 18. 4. 9. 16. 28. 41. 28. 22- 64. 53 . 65 . 70 . 8. 6. 7. 9. 23. 49. 36. 32. 48. 33. 51. 49 . 29. 18. 13. 18. 14. 31. 20 . 21. 26. 20. 33. 45. 60. 49. 47. 34. 41. 86. 73. 45. 35. 921. 33. 23. 4. 7. 22. 1 98 1-Q 1 ..-I - Q 2 ------| -Q 3 .--I -Q 4 ...I 1 1982-Q1___ | ~Q2------| -Q 3 ...| —Q 4 . . . | I 1983—Q1___ | _____________ L 43. 27 . 36. 44. 37. 41. 40. 33. 20. 32. 24. 23. 51. 57. 56. 60. 4540. 37. 34 . 4. 3. 7. 7. 32. 27. 31. 36. 60 . 64 . 62. 59. 8. 9. 7. 5. 40. 35. 38. 31. 46. 52. 45. 39 . 14. 13. 16. 30. 25. 13. 18. 23. 33. 30. 3 2. 34 . 42. 57. 5042. 49. 46. 56. 70. 32. 36. 32. 24. 18. 18. 11. 6. 38 . 38. 3 9. 33. 36. 35. 42. 43. 26. 27. 18. 24. 57. 45. 44. 30. 38. 47. 48. 53. 5. 8. 8. 17. 31. 30. 33. 29. 62. 61. 61. 65. 7. 9. 5. 6. 32. 30. 25. 13. 39 . 40. 42. 31. 29 . 30. 33. 55- 16. 17. 17. 20. 30 . 29. 37. 38. 54. 54. 46. 42. 69. 73. 74. 71. 25. 23. 3224. 6. 3. 4. 5. 33. 42. 26. 32. 56. 12. 27. 64. 8. 30. 47. 22. 19. 36. 45. 60. 32. 8. 197 1-Q 1 ...J -Q 3 ...I -Q 4 .. . | 42 LAUD VALUB ABO CBBDIT COBOITIOBS SURVEY , SEVBBTR FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BAMK OF CHICAGO TABLE 34 1. 3Q TABLE 341.4Q LOAR/DEPOSIT RATIOS T YP ICA L IHTBREST RATES CHARGED OH FARH LOABS (AVERAGE, PER CEBT) | PBRCEBTAGE OF BABES REPORTIHG 1 | AVBRAGS | THAT LOAB/DEPOSIT RATIO I S — FEEDER CATTLE OPERATIHG REAL EST1 DATE OF | DATE OF |LOAM/DEPOSI T 1 LOAMS LOABS SURVEY I LOABS SURVEY | RATIO | LOVER HIGHER 1 (PER CEBT) | THAB DESIRABLE THAB | ***** ***** _____________ L_ .I-BS S JB BP . — BJLSIggQ 196 7-Q 1 ...I 6.42 ***** ***** 1 1 - Q 2 ___ | 6.41 197 0-Q 1. . . J 49. 55. | 23. 28. ***** ***** 6 .3 9 “ Q 3 ...I -Q 2 ...| 55. | 25. 47 . 28. ***** ***** - Q 4 ___ | 6 .4 2 56. 46. 37. 1 17. | *** | *** *** *** - Q 4 ------ | ***** ***** 1968-Q 1...| 6 .5 2 | ***** ***** 1 -Q 2 ...I 6 .6 7 ♦** *** *** 197 1-Q 1 ...| ***** ***** 1 *** - Q 3 . ••| 6 .8 5 54. | 44. 41. 15. ***** ***** -Q 4 . . . | 6 .8 6 55. -Q 3 -..I 1 47. 35. 18. | -Q 4 ...| 55. 38. 17. ***** ***** 1 45. 1969-Q 1...| 6 .8 5 ***** ***** 1 1 -Q 2 ...| 7 .04 1 97 2-Q 1 ...) 54. 1 46. 3 6. 17. ***** ***** 7. 19 - Q 3 ___ | 54. 34. 14. 1 52. ***** ***** - Q 4 ___ | 7 .4 7 55. 19. | 49 . 32. | -Q 4 ...| 55. 31. | 55 . 14. 197 0-Q 1 ...| 7. 59 7.81 ***** ***** 1 1 -Q 2 ...I 7 .7 3 1 9 7 3 -Q l...| 54. 32. 17. ***** 1 51. -Q 3 ...| 7 .78 8. 00 54. -Q 2 ...J 32. 17. ***** ***** 1 51. -Q 4 ...| 7.81 -Q 3 ...I 55. 34. 1 45. 2 0. | -Q 4 .. . | 56. 3 7. 22. 1 41. ***** 1971- Q1 . . . | 7.81 8 .03 ***** 1 1 - Q 2 ___ | 7. 58 7 .7 6 1974-Q1___ | 55. | 48. 32. 20. 7 .5 7 7 .7 0 -Q 3 ..-I -Q 2 ..-I 54. 31. 17. 1 52. -Q 4 ...| 7. 57 7 .7 4 “ Q 3 --.I 58 . | 36. 37. 27. 1 -Q 4 ...| 57. | 30. 38. 32. ***** 1972-Q 1...| 7 .6 9 7 .5 4 ***** 1 1 - Q 2 ___ | 7 .4 6 7 .6 2 1 975-Q 1...| 57. | 32. 36. 32. ***** - Q 3 ___ | 7. 44 7.61 -Q 2 -..I 56. 37 . 1 35. 28 . ***** - Q 4 ___ | 7 .4 7 7 .6 4 -Q 3 ...| 56. 39. 1 39. 22 . i -Q 4 ..-I 57. 36. 1 42. 2 2. ***** 7 .6 7 1 9 7 3-Q l.. . | 7 .5 2 1 ***** 1 7 .71 -Q 2 ...I 7 .5 5 1976-Q1___ | 57. | 42. 34 . 23. ***** -Q 3 ..-I 7. 69 7.81 -Q 2 ..-I 56. | 44. 36. ***** 2 0. - Q 4 ___ | 8 .2 7 8 .3 5 -Q 3 ..-I 57. 33. 24. 1 43. | -Q 4 ...I 59. 34. 1 41. 25 . 197 4-Q 1 ...| 8 . 28 8 .5 0 ***** 1 I 8. 30 8 .3 9 -Q 2 ...J 197 7-Q 1 ...| 59. I 39. 35. 26 . ***** - Q 3 ___ | 8.60 8 .6 0 -Q 2 . . . | 59. 37. 28. I 35. - Q 4 ------| 9 .0 6 9 .0 5 -Q 3 ...J 61. 3 0. 38. 1 32. | -Q 4 ...I 64. I 22. 3 2. 46. 1975-Q1. . . | 8 .95 9 .0 4 ***** 1 1 -Q 2 ...| 8 .8 4 8 .94 1978-Q 1...1 62. 32 . 41. 1 27. ***** -Q 3 ...I 8.76 8 .8 9 -Q 2 ...| 64. I 23. 33. 44 . - Q 4 ___ } 8.81 8 .90 8 .9 6 64. -Q 3 ..-I 33. I 22 . 46. | - Q 4 ___ | 66. 1 192 8. 52 . 1 9 7 6 -Q 1 .. . | 8 .80 8 .89 8 .9 7 1 1 - Q 2 ------ 1 8.74 8 .8 5 8 .9 5 197 9-Q 1 ...| 65. 33. 50. 1 17. -Q 3 ...| 8.79 8.88 8 .9 5 -Q 2 ...I 67. 27. 58. 1 15. -Q 4 ...| 8.87 8 .76 8 .9 6 -Q 3 ...I 67 . 31. 1 14. 5 5. | -Q 4 ...J 68. 33. 52. 1 15. 1977-Q1___ | 8.71 8 .8 3 8 .9 2 I 1 -Q 2 . . . | 8.71 8 .82 8.91 1980— Q1. . . | 66. | 16. 36. 48. —Q3------1 8.74 8 .84 8 .9 3 -Q 2 ..-I 66. 38 . 51. 1 11-Q 4 ...| 8.79 8.89 8 .9 7 -Q 3 ...I 65. I 29. 40. 31. j -Q 4 ...| 62. 39 . 1 40. 2 1. 1 978-Q 1...| 8.91 8 .85 9 .0 0 1 1 8 .9 0 9 .0 0 -Q 2 ...I 9 .0 7 1 981-Q 1...| 61. 1 42. 38. 2 0. -Q 3 ...| 9 .1 2 9 .3 0 9.21 - Q 2 ------| 60. 3 6. 17. 1 47. 9 .4 0 9 .5 0 9.61 -Q 4 ...I -Q 3 ...| 61. | 42. 38 . 20. | -Q 4 ...I 61 . 37 . 1 42. 21. 1979—Q 1 . . . | 10.14 10.25 10.20 1 1 -Q 2 ...| 10.46 10.54 10.47 1982-Q1___ | 58. | 56. 28. 17. -Q 3 ...I 10.82 10.91 10.83 58. -Q 2 --.I 27. 1 55 . 18. -Q 4 ...| 11.67 11.73 11.41 -Q 3 ...I 57. | 55. 31. 14. | -Q 4 ...| 58. 30 . 1 55. 15. 1 98 0 -Q 1 ...| 13.57 13.52 13.02 1 1 - Q 2 ------ | 17. 12 17.13 16. 17 1 9 8 3 -Q l ___ | 55. I 70. 19. 11. -Q 3 ...| 13.98 14.01 13.47 J_________ ---------- 1— -Q 4 ... | 14.26 14.31 13.71 1981 -Q1 . . . | -Q 2 ...J -Q 3 ...I -Q 4 ...I 17.34 16.53 17.74 18.56 17.39 16.55 17.78 18.57 15. 73 15.38 16.39 17.47 1 982-Q 1...| -Q 2 ...| -Q 3 ...I -Q 4 ...I 16.94 17.30 17. 19 15.56 16.98 17.34 17.24 15.61 16.55 16.76 16.73 15. 56 1 98 3-Q 1 ... | 14.35 14.39 14.27 43 LAUD VALUE AND CBBDIT CONDITIONS SOBVEI, SEVENTH PEDEBAL BESEBVE DISTBICT— PEDEBAL BESEBVE BANK OP CHICAGO TABLE 341.5Q TB E N D S IN PABH BEAL VALO E OP GOOD PABHLAM D HABKET D A TE OF SUBVEX P EB C EN TA G E CHANGE PBOH P B E V IO O S -Q O A B TE fi ESTA TE VALD ES A ID -Q 3 ...I -Q 4 ...| I 19 6 4- Q1___ | -Q 2 ...1 - Q 3 ----- 1 -Q 4 ...I 1 1 965-Q 1...J - Q 2 ------| -Q 3 .-.J -Q 4 .. . | I 19 6 6 -Q 1___| - Q 3 ------| -Q 4 ...| TEA S 1. 0. 2. 1. **** 1. 3. 3. 4. 5. 3. 5. 76. 71. 74. 59. 20. 24. 23. 36. 1. 1. 1. 2. 3. 4. 3. 4. 2. 1. 2. 1. 61. 58. 61. 54. 37. 41. 3 7. 45. 1. 2. 1. 2. 5. 6. 5. 7. 1. 1. 0. 1. 45. 39. 42. 24. 54. 60. 58. 75. 2. 4. 1. 3. 8. 10. 9. 9. 0. 0. 1. 1. 26. 17. 28 . 34. 74. 83. 71. 65. ’ m *** *** **♦ ♦** *«* *** *** •** *** *** *** *** 2. *** *** *** 73. *•* *** *** 25 . *** 3. *** *** 4. 67. *** *** 64. 30. *** *♦* 33 . *** *** 8. 13. **• *** 76. 72. *** *** 15. 15- *** 27. 28. ••• *** 63. 62. *** 11. 10. •** 44. 81. **• ♦** 50. *** 5. 41. •** 35. 31. 52. *•* 60. 59. 8. *** 5. 10. 28. 17. 13. 9. 63. 68. 75. 76. 9. 15. 11. 15. 11. 8. 10. 8. 72. 70. 72. 67. 17. 23. 18. 25. 8. 7. 12. 17. 70. 61. 63. 62. 22. 32. 25. 21. 17. 11. 26. 35. 64. 62. 61. 54. 19. 27. 13. 11. 34. 26. 23. 20. 56. 62. 68. 68. 9. 12. 9. 12. 15. 11. 17. 15. 73. 71. 65. 67. 13. 18. 18. 19. 16. 12. 18. 36. 64. 65. 66. 56. 20. 23. 16. 8. 31. 25. 25. 29. 61. 63. 64. 62. 8. 13. 10. 9. 35. 31. 29. 37. 58. 59. 62. 57. 7. 10. 9. 6. 46. 74. 56. 40. 51. 25. 42. 56. 2. 1. 2. 4. 43. 35. 49. 60. 54. 61. 50. 38. 3. 4. 1. 2. 53. 59. 59. 57. 44. 38. 39. 41. 3. 3. 3. 2. 48. 45. 7. 42. 44. 51. 45. 57. 56. 48. 53. 2. 2. 0. 1. 6. 6. 6. 3. 8. 8. 6. 13. 59. 56. 58. 59. 33. 36. 3 5. 28. 19 69 -Q 1 . . . | -Q 2 ... | -Q 3 -..I -Q 4 ...| 2. 1. 2. 0. 5. 3. 4. 4. 8. 14. 12. 20. 68. 62. 66. 66. 24. 24. 22. 14. 1970-Q 1...| -Q 2 ...I 0. 1. 0. 0. 4. 1. -1 . 0. 22. 21. 15. 17. 64. 68. 78. 72. 14. 11. 8. 11. 1971 -Q 1 . . . 1 “ Q 2 ...I -Q 3 ...I -Q 4 . . . | 1. 12. 1. 1. 2. 3. 4. 14. 6. 1. 3. 75. 80. 83. 81- 11. 14. 16. 16. 1 9 7 2 -Q 1 ...1 -Q 2 ...| -Q 3 . . . | -Q 4 ...I 1. 1. 2. 3. 4. 4. 3. 6. 3. 1. 0. 1. 75. 65. 66. 47. 22. 34. 34. 52. 1 973-Q 1... | -Q 2 ...| - Q 3 ------| -Q 4 ..-I 1 1 974-Q 1...| -Q 2 ...I -Q 3 ...I -Q 4— 1 2. 6. 4. 8. 7. 11. 13. 17. 1. 0. 1. 1. 52. 44. 43. 43. 47. 56. 56. 56. 5. 12. 3. 8. 24. 34. 29. 25. 2. 3. 8. 5. 52. 53. 67. 66. 46. 44. 25. 29. 19 7 S -Q 1 . . - | -Q 2 ...I -Q 3 ...| -Q 4 ...| 3. 2. 4. 9. 23. 14. 15. 17. 9. 8. 6. 1. 77. 79. 81. 56. 14. 13. 13. 43. 1 976-Q 1...| - Q 2 - . .1 -Q 3 ...J -Q 4 .-.I 1 1 9 7 7 -Q 1 ...1 -Q 2 ...I -Q 3 . . . 1 -Q 4 ...I 7. 7. 6. 8. 22. 27. 30. 29. 3. 1. 1. 2. 68. 67 . 58. 55. 29. 31. 41. 43. 5. 8. 4. -1 . 28. 30. 30. 18. 2. 1. 9. 34. 61. 51. 65. 56. 37. 48. 26. 10. 2. 4. 4. 4. 13. 7. 8. 15. 16. 6. 3. 3. 74. 71. 74. 6 9. 10. 23. 23. 28. 3. 2. 3. 6. 17. 16. 13. 17. 2. 3. 2. 3. 70. 62. 65. 56. 28. 35. 33. 41. -2 . -2 . 2. 5. 14. 9. 3. 3. 4. 47. 205. 70. 50. 73. 66. 26. 4. 7. 29. 4. 2. 1. 1. 7. 10. 14. 9. 4. 3. 8. 28. 62. 71. 78. 68. 33. 26. 14. 4. -3 . -4 . -3 . -5 . 1. -6 . -1 0. -1 5 . 43. 59. 53. 66. 56. 41. 46. 34. 0. 0. 1. 1 1 1 1 1 1 1 1 1 1 -4 . -1 6. 46. 54. 0. 1 i ........ *** *** *** *** 1. 1. 1. 2. 1 98 3- Q1. - - | . *** *** *** **• 8. 7. 5. 6. 1. eb *** *** «** *** 2. 2. 1. 2. 1978-Q 1...| -Q 2 ...| -Q 3 ...| -Q 4 .. . | 1 1 97 9-Q 1...| -Q 2 ...I -Q 3 ...I -Q 4 ...| i 198 0-Q 1 ... | -Q 2 ...I -Q 3 ...I -Q 4 ...| 1 1981-Q 1...| - Q2. . . J -Q 3 .. . | -Q 4 ...1 1 1 9 8 2 -Q 1 -. . | -Q 2 ...| - Q3------| -Q 4 ...| » 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1967-Q 1...| - Q 2 ------| - Q 3 ------| -Q 4 ...| 1 1 9 6 8 -Q l ___ | -Q 2 ...I - Q 3 ----- | -Q 4 ...J -Q «...| VO LO H E P E B C E N TA G E O P B AN K S E X P E C T IN G PABH B E A L E S T A T E LO AN VO LO H E D O B IN G T H E C O B B B N T Q O A B T E B , AS C O H P A B E D B IT H V O L O H E HA DE A T E A S B A B L IB B , T O B E— P E B C E N TA G E OP BANKS E X P E C T IN G T B E N D D O B IN G T H E C D B B E I T Q O A B TEB T O BE— ____ aiABLg_____ fig, 1 96 3-Q 1 . - - | LO AM 12. 7. 44 SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342.1Q CURR E N T FARM LENDING EXPER I E N C E P E R C E N T A G E OF BANKS REPORTING I l_ | | I l_ _____ I l 19 6 4 - Q 1- ... | -Q2. ... J -Q3..-I -Q4...I C U R R E N T E X P E R I E N C E COMPA R E D DATE OF SURVEY WITH USUAL CONDIT I O N S DEMAND FO R NON- R E A L - E S T A T E LOANS S HORT-TERM LOWER SAME INTERMEDIATE-TERM HIGHER LOWER SAME HIGHER DEMAND FOR DEBT EXTENSION OR RE F I N A N C I N G LOWER SAME HIGHER PRO P O R T I O N OF FARM C U STOMERS L O ANED UP TO THEIR PRAC T I C A L DEBT LIMIT, COMPARED WITH A YEAR EARLIER DEBT REPA Y M E N T SLOW USUAL RAPID LOWER 97. 15. 16. 66. 76. 68. 71. 25. 17. 17. 13. *** *** *** *** *** *** *** *** *** *** *** *** *** *** 5. 9. *** *** 52. 53. *** *** 43. 38. 28. 23. 34. 27. 62. 76. 66. 71. 10. 1. 12 . 19 6 5 - Q 1 ___J -Q2.-„| -Q3» ... | - Q 4 ...| 8. 7. 317. 57. 60. 69. 78. 35. 33. 28. 5- *** *** *** *** *** *** *** *** *** *** *** *** 2. 2. 21. 38. 43. 62. 63. 60. 55. 27. 16. 53. 46. 26. 11. 46. 52. 70. 75. 1966-Q1-..,i - Q 2 ---| -Q3....J - Q 4 ...| 9.. 6. *** 21. 16. *** 13. *** *** *** *** *** *** *** *** *** *** *** *** 20. 15. *** 22. 50. 65. *** 68- 30. 20. *** 10. 23. 10. 7078. *** 77. *** 6. 19 6 7 - Q 1 - | -Q2..-I -Q3.— I -Q4..-I 8.. 3. 3. 14. 77. 80. 65. 77. 15. 17. 329. *** *** *** 7. *** *** «** 87. *** *** *** 6. 18. 6. 11. 16. 70. 79. 81. 71. 12. 15. 8. 13. 1968— Q1...| -Q2»„. | -Q3...I -Q4., „„ | 2. 3. 2. 4. 76. 76. 72. 87. 22. 21. 26. 9. 6. 8. 5. 7. 80. 76. 84. 85. 14. 16. 11. 8. 8. 2. 6. 17. 65. 65. 70. 79. 8. 10. 5. 10. 82. 72. 81. 76. 1018. 14. 14. 7.. 1 1. 8. 10. 82. 76. 79. 80. 12. 13. 13. 10. 13. 9. 11. 14. 1970-Q1...| -Q2...-I -Q3..„ | -Q4- .. | 6. 2. 3. 7. 76. 78. 66. 81. 18. 20. 31. 12. 7. 85. 766983. 9. 11. 17. 5. 14. 1971-Q1...| — Q2. ... | -Q3... | - Q 4 ---| 8. 446. 74. 6274. 84. 18. 33. 22. 11. 5. 9. 79. 75. 87. 79. 12 . 1 9 7 2 - Q l - .. | - Q 2 ---| -Q3...| — Q4. ... | 6. 22. 11. 79. 85. 84. 81. 15. 13. 13. 7. 5. 2. 5. 5. 1973-Q1..„| -Q2.— I -Q3...| -Q4.,... | 17. 13. 8. 20. 72. 64. 72. 67. 12. 23. 20. 13. 1974— Q1 - . . i -Q2..-I ~Q3..... | -Qa— i 19. 25. 6. 12. 62. 54. 66. 65. 1 9 7 5 - Q 1 . .. | “ Q 2 ...J ■Q3---I -Q4~... | 15. 9. 12- 1976-Q1..- 1 -Q2..-I -Q3... . | -Q4...I SAME HIGHER 2. 15. 15. 6. 58. 45. 43. 54. 29. 40. 42. 40. 1. 2. 4. 14. 4. 7. 8. 25- 53. 53. 60. 63. 43. 40. 32. 12. 67. 84. *** 80. 10. 6. *** 14. 20. 16. *** 16. 64. 70. *** 74. 16. 14. *** 10. 11. 16. 10. 6. 74. 83. 89. 87. 15. 1. 1. 7. 189. 6. 10. 76. 83. 81,. 80. 6. 8. 13. 10. 27. 33. 24. 4. 26. 26. 73. 74. 83. 80. 1. 17. 14. 7. 10. 2. 14. 68. 61. 66. 72. 25. 29. 32. 14. 727176. 78. 15. 20. 13. 8. 12. 19. 11. 6. 84. 79. 87. 89. 4. 2. 2. 5. 15. 6. 2. 7. 73. 75. 82. 82. 12. 19. 16. 11. 10. 6. 67. 73. 77. 82. 19. 17. 13. 12. 11. 14. 16. le 82. 85. 82. 82. 7. 2. 1. 2- 108. 3. 5. 75. 75. 71. 75. 16. 18. 26. 20- 6. 13. 8. 6. 4. 3. 9. 58. 71. 8583. 36. 25. 12. 8. ss. 25. 19. 9. 59. 75. 81. 87. 4. 1. 3. 3. 3. 36. 69. 69. 75. 81. 29. 28. 22. 13. 85. 85. 85. 85. 10. 13. 10. 10. 10. 4. 516. 74. 81. 87. 79. 15. 15. 8. 5. 18. 12. 7. 2. 77. 86. 92. 86. 6. 21. 12. 12. 9. 917. 76. 79. 83. 79. 12. 12. 7. 4. 7. 5. 5. 11. 85. 77. 81. 71. 9. 18. 14. 17. 30. 24. 19. 44. 66. 69. 77. 54. 4. 6. 5. 2. 0. 2. 1. 3. 74. 76. 80. 56. 26. 23. 18. 40. 30. 3628. 43. 68. 61. 71. 56. 1. 3. 2. 1. 19. 2128. 24. 1414. 11. 16. 77. 74. 77. 72. 9. 12. 12. 12. 4240. 20. 17- 53. 50. 64. 59. 5. 10. 16. 24. 4. 6. 23. 35. 61. 66. 71. 57. 36. 28. 6. 8. 44. 41. 19. 16. 55. 56. 57. 57. 1. 3. 23. 27. 55. 59. 56. 79. 30. 30. 35. 10. 23. 13. 17. 15. 67. 71. 68. 74- 10. 16. 15. 12. 7. 87. 13. 49. 47. 52. 63. 45. 45. 41. 24. 52. 50. 34. 21. 40. 4565. 74. 8. 5. 1. 4. 10. 10. 6. 12. 51. 45. 56. 63. 38. 45. 37. 25. 7. 4. 813. 64. 75. 61. 57. 30^ 20. 31. 30- 12. 9. 2023. 73. 78. 7063. 15. 13. 9. 14. 4. 4. 5. 1. 58. 54. 61. 51. 38. 42. 34. 47. 31. 42. 35. 60. 68. 58. 63. 38. 1. 0. 2. 2. 9632. 61. 62. 61. 56. 31. 32. 36. 42. 1977-Q1...| — Q2. ... | -Q3...| -Q4... I 9. 8. 3. 8. 55. 53. 60. 60. 37. 39. 37. 31. 25. 2 5. 20. 22. 50. 58. 66. 56. 25. 17. 14. 21. 1. 1. 2. 1. 30. 34. 43. 38. 69. 64. 55. 61. 75. 75. 6274. 25. 25. 38. 26. 0. 0. 0. 2. 1. 12- 44. 49. 4547- 55. 51. 55. 52. 1978— Q1... | -Q2..„| -Q3..-I -Qi»---- | 6. 51. 6. 69. 66. 72. 63. 26. 29. 28. 31. 22. 13. 6. 7. 67. 7375. 72.. 11. 14. 19. 22. 1. 2. 4. 10. 36. 50. 76. 73. 63. 48. 20. 17. 61. 55. 28. 28. 39. 45. 67. 67. 5. 4. 6. 7. 16. 23. 45. .61. 62. 62. 50. 31. 22. 15- 1979-Q1.,... | - Q 2 ---J - Q 3 ---| - Q 4 — .| 3. 14. 6. 70. 69. 54. 43. 28. 30. 42. 51. 9. 8. 6. 9. 76. 71. 67.. 65. 15. 21. 27. 26. 13. 11. 5. 71. 76. 69. 58- 16. 14. 19. 37. 21. 18. 2046. 71. 72. 77. 52. 30. 28. 18. 8. 61. 60. 56. 63. 8. 1326. 28. 19 8 0 - Q 1 ---| -Q2... | -Q3.. - | -Q4-.. J I 1981-Q1 ___| - Q 2 ---| -Q3...| -Q4..-I 15. 26. 38. 36. 55. 50. 49. 60. 31. 24. 14. 4. 29. 52. 74.. 46. 60. 41. 23. 50.. 12 . 7. 3. 4. 7. 4. 6. 9. 51. 40. 51. 68- 41. 55. 43. 23. 46. 64.. 62. 32- 50. 36. 36. 59. 3. 9. 6. 3. 1. 5. 62. 4046. 69. 32. 57. 53. 26. 5833. 3135. 39. 57. 5560. 3. 10. 13. 5. 71. 56. 59. 64. 28. 41. 39. 33. 1. 3. 2. 3. 8.. 7. 6. 4. 61. 5653. 55. 31. 37. 41. 42. 30. 44. 43. 49. 58. 53. 55. 49. 11. 4. 2. 3. 11. 4. 56. 62. 63. 62. 60. 27. 32. 33. 34. 1982-Q1...| - Q 2 — .. | -Q3...I — Q 4 « ... | 31. 31. 17. 23. 54. 52. 62. 62. 14. 17. 21. 15. 61. 6559. 59. 33. 29. 34. 33- 7. 6. 7. 8. 3. 3. 4. 1. 24. 20. 35. 38- 7378. 61. 61. 77. 86. 62. 62. 22. 13. 37. 37. 1. 2. 1. 32. 2. 2- 42. 37. 47. 52. 55. 62. 51. 46. 19 8 3 - Q 1. ... | 1_ 16. 65. 18. 54. 33. 13. 3. 19. 78. 74. 25. 1. 1- 43. 56. 1969-Q1-.-I -Q2....I - Q 3 ---| -Q4...| 11 - 12 . 14. 12. 15. 12. 11 . 10. 10. 10 . 0. 6. 0. 0. 0. 1. 1. 0. 8- 10. 3. 2. 4. 0. 1. AS OF T H E 1981-Q2 (APRIL 1) SURVEY, T H E WORDING OF MANY Q U E S T I O N S WAS ALTERED. THE SURVEY R E SULTS SHOWN ABOVE ARE HIG H L Y COM P A R A B L E T O EAR L I E R DATA. HOWEVER, B E CAUSE T HE CO L U M N H E A D I N G S R E F L E C T T HE OLD FORM OF T HE QUESTIONS, PERS O N S U SING OR QUOTING T H E L A TEST R E S U L T S S H O U L D O B T A I N T H E NEW WORDING BY REQUE S T I N G COPIES OF THE NEW Q U E S T I O N A I R E AN D S U RVEY REPORTS (AGRICULTURAL CR E D I T C O N D I T I O N S SURVEY) F ROM TH E RESEA R C H DEPARTMENT, F E DERAL RES E R V E BANK, MINNEAPOLIS, MN 55480. SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS* NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342-2Q EXPECTED FARM LOAN DEMAND AND REPAYMENT CONDI T I O N S P E R C E N T A G E OF BANKS R E PORTING EXPECTED DEMAND FOR F ARM LOANS IN CU R R E N T QUARTER* C OMPARED WITH USUAL C ONDITIONS DATE OF SURVEY NON-REAL - E S T A T E LOHER SAME LOANS HIGHER DEBT EXTENSION OR R E F INANCING LOWER SAME HIGHER 1964-Q1... -Q2- ... -Q3... — Q 4-.. 6. 55. 4. 73. 72. 73. 64- 21. 23. 22. 32. *** *** 4. 1. *** *** 6659.. *** *** 30. 40. 19 6 5 - Q 1 . .. - Q 2 ... “ Q3 ---Q4... 2. 3. 9. 2 0. 49. 47. 74. 68. 49. 50. 17. 12. 11. 14. 28. 44SI. 69. 53. 54. 48. 17. 19. 1 9 66-Q1 ___ ~ Q 2 ---Q3... — Q4... 5. 4. *** 14. 72. 78*** 72. 23. 18. *** 14. 14. 11. *** 2 6- 66. 76*** 64. 20. 13. *** 10. 1967-Q1___ — Q2... — Q3— — Q 4 - .. 6. 3. 4. 13. 87. 76. 82. 73. 7. 21. 14. 14. 13. 3. 413. 79. 81. 87. 74. 8. 16. 9. 13. 1 9 6 8 - Q 1 . .. -Q2... — Q3- — -Q4... 6. 6. 4. 7. 81. 74. 79. 80. 13. 20. 17. 13. 6. 0. 4. 12. 64. 70.. 79.. 71. 30. 30. 17. 17. 1969— Q 1 » .. - Q2— .. -Q3... -Q4.... 6. 48. 10. 82. 7575. 79. 12. 2117. 11. 11. 5.. 7. 11- 75. 75.. 8279. 14. 20. 11. 10. 1970-Q1... — Q 2 . .. -Q3.— -Q4... 2. 5. 7. 8. 8173., 80. 79. 17. 23. 14. 13. 7. 6. 7. 8. 7678. 78. 71. 17. 15. 15. 20. 1971— Q 1 - .. - Q 2 ---Q3- - -Q4..- 5. 3. 2. 9- 76. 6988. 76- 19. 28. 11. 14. 3. 3.. 313.. 71. 75. 86. 75. 26. 2210. 13. 1972-Q1... -Q2... -Q3..— Q 4-.. 3. 2. 4. 16. 85838869. 12. 14. 7. 15. 7. 47. 2 5. 77,. 83. 87. 65- 1613. 6. 10. 19 7 3-Q1.. . — Q2-- . - Q 3 . -— Q4„-- 22. 5533. 7076. 81. 51. 8. 19. 14. 15. 27.. 1615. 48. 69. 77. 80. 44. 4. 8. 5. 8. 1974— Q1... -Q2... -Q3— -Q4... 3614. 9. 1 1- 59. 62. 63. 53. 6. 24. 28. 35. 46.. 27. 6. 11. 5063. 66. 47. 4. IQ28. 42. 1975-Q1... -Q2- — -Q3 — -Q4— 20. 107. 12. 51. 49. 70. 72- 29. 4123. 16. 17. 8, 4. 10. 38. 44. 71. 65. 45. 48. 25. 25. 1976-Q1... -Q2.... -Q3— — Q4. ... 43. 9. 7. 70. 78. 65. 51. 27. 19. 2642. 13. 5.. 1- 62. 75. 55. 29. 36. 22. 40. 71. 1977— Q 1 ... — Q2- ... — Q 3 . .. — Q 4 - .. 10. 7. 8. 3. 46. 46. 61. 56. 44. 46. 31. 41. 1. 1. 50. 21. 39. 41. 34. 79. 6 0. 54. 66. 1978-Q1... -Q2- — -Q3. . . — Q4. 7. 3. 4. 12. 59. 58. 69. 64. 34. 39. 27. 24. 2. 210. 20. 47. 64. 76. 62. 51. 35. 14. 19. 1979-Q1___ -Q2... -Q3— — Q4.. .. 3. 33. 9. 77. 66. 63. 48- 20. 30. 34. 43. 10.. 8. 8.. 10. 76. 76. 73. 43. 14. 17. 19. 47. 1980— Q 1 - - -Q2— — Q3.... -Q4..- 17. 18. 27. 21 . 54. 4556. 67. 30. 38. 16. 12. 6. 9.. 7. 16. 56. 38. 54. 63. 38. 53. 39. 21. 1981— Q1-«. — Q2... . ” Q3— .. -Q4. .. 45. 11. 22. 27. 46. 73. 63. 57. 9. 16. 16. 17. 14. 78. 4., 5160. 62. 43. 35. 33. 30. 53. 1982-Q1... - Q2 — — Q3 . . . -Q4... 21. 13. 7. 19. 54. 6075. 59. 25. 27. 18. 21. 4. 4. 5. 3. 21. 26.. 52. 32. 75. 70. 43. 65. 1983-Q 1___ 10. 65- 25. 3. 23. 74. ADVERSE CHANGE EXPECTED IN 1 | FARMERS* ABILITY TO REPAY DEBTS 1 JIN T HE NEAR FUTU R E 1 1 35. 1 52. 1 48. 1 47. 1 1 48. 1 321 23. 1 22. i 1 10. 1 7. 1 *** 1 5. 1 1 9. 1 21. 1 15. 1 30. 1 1 30. 1 35. 1 271 28. 1 1 14. 1 20. 1 21. 1 15. 1 1 17.. 1 15. 1 171 19. 1 1 26. 1 21. 1 17. 1 19. 1 1 14. 1 8. 1 17. 1 5. I 1 5. 1 3. I 9. 1 6. 1 1 9. 1 24. 1 59. 1 56. 1 1 62. 1 63. 1 31. 1 20. 1 1 29. 1 34. 1 58. 1 70. 1 1 73. \ 66. 1 60. I 58. 1 1 48. 1 33. 1 12. 1 20. 1 1 91 15. 1 24.. 1 34. 1 1 46. 1 831 69i 29I 1 351 37. 1 32. 1 58. 1 1 67. 1 551 44. 1 611 1 431 AS OF T HE 1981-Q2 (APRIL 1) SURVEY* T HE HORDING OF MANY QU E S T I O N S HAS ALTERED. THE SURVEY RESULTS SHORN ABOVE ARE HIGHLY COMPA R A 3 L E T O E A RLIER DATAHOWEVER* BECAUSE THE COLUMN HEA D I N G S REFL E C T THE OLD FORM OF T HE QUESTIONS* PER S O N S USING OR QUOTING THE LATEST RESULTS SHOULD OB T A I N THE NEH HORDING BY REQUESTING COPIES OF T H E NEH Q U E S T I O N A I R E AND SURVEY REP O R T S (AGRICULTURAL C R EDIT C O N D I T I O N S SURVEY) FROM THE R E SEARCH DEPARTMENT* FEDERAL RESERVE BANK* MINNEAPOLIS* MN 55480. SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342.3Q AVERAGE LOAN/ D E P O S I T RATIO, AND P ERCENTAGE OF BANKS REPORTING OTHER CONDIT I O N S T HAT REFLECT RELAT I V E CRED I T A V A I L A B I L I T Y REFU S E D OR I (EXPECT PROBLEMS! NUMBER OF1 FARM LOAN REQUESTS REFER R E D TO— 1 1 | L O A N / D E P O S I T RATIO IS— | REDU C E D A |ACTIVELY | IN MEETING i 1 | A V ERAGE FARM LOAN |SEEKING | NORMAL FARM 1 COR R E S P O N D E N T BANKS NONBANK AGENCIES 1 DATE OF |LOAN/DEPOSIT| RE Q U E S T IN 1 NEH | LOAN REQUESTS 1 SURVEY | RATIO 1 LOHER HIGHER ( PREVIOUS | IN CURRENT 1 FARM i I CO M P A R E D HITH 1 C O M P A R E D HITH 1 (PERCENT) 1 THAN DESI R A B L E THAN |QUA R T E R DUE| LOAN |QUARTER DUE T O |NONE] USUAL NUMBER NONE| U S UAL NUMBER )DESIRED DESIREDI TO SHORTAGEIACCOUNTS! AVAILABILITY 1 1 1 1 OF FUNDS 1 OF FUNDS 1 1LOHER SAME HIGHER! 1LOHER SAME HIGHER 1 __ L_ 1 1 1 1 *** *** | *** *** *** I *** *** *** *** 1964-Q1.... 1 *** *** 81. 55. *** j *** **♦ *** | | *** ‘*** -Q2... 1 6. 76. 6. 14. 71. 15. 12. 75. 13. *** | *** j *** *** *** | *** 8. 68. 8. 23. 68. 9. -Q3— 8. 82. 10. 1 *** *** *** -Q4... j 56. 21. | 4. | 23. 70. 3. 20. 73. 7. 14. 81. 5. ! *** 1 *** j *** *** 1 96 5— Q 1. . . 1 | 18. 59. 6. 22. | 72. 5. 16. 83. 1. 7. 72. 20. *** 65. 4. — Q 2 - .. 1 | 20. 67. 4. 15. | 10. 83. 7. 6. 66. 28. *** 1 *** *** 1 *** *** 7. | 18.. 71. 6037. 22. | 85. 8. 7. 81. 12. -Q3- — | , *** *** -Q4... 1 | 16. 62. 3. 76. 22. | 2. 15. 80. 5. 7. 85. 8. *** 1 *** 1966— Q1 ... \ 3. 72. 3. 10. 70. 13| 83. 7. 11. 1 17. 79. 10. *** ! *** , *** *** 19. | -Q2..„. 1 | 20. 61. 1073. 6. 5. 90. 5. 6. 84. 10. *** *** *** j *** *** *** | *** *** *** *** *** *** *** *** -Q3- — 1 *** 1 *** *** — Q4. ... 1 69. 13. 56. 13. 11. 7. 17. | 829. 87. 4. I 14. *** 1 *** I *** 1967— Q1 ... 1 6. 6. 91. 3. 1 16. 67. 17. | 11. 61. 9. 86. 5. ! *** *** 1 *** ♦ ** *** 8. -Q2„.., | | 20,. 60. 20. | 14. 64. 9. 83. 8. 3. 86. 11. *** -Q3... 1 26. 7. 84. 63. 20. | 625. 11. 5. 923. 1 17. 1 *** *** **♦ *** 63. 18. J 5. 73. 1. 91. 6. 3-Q4... 10. 88. 2. I 19. I *** 1 *** 1 *** *** 1968-Q1... 95. 4.. 13. 6513. | 5. 5. J 22. 82. 6. 83. 11. *** 1 *♦* *** -Q2... | 22. 58. 20. | 5. 65. 4. 17. 7. 76. 3. 88. 9. *** *** - Q 3 . .. 62. 27. | 17. 55. 105. 88. 7. 4. 89. 7. 1 11. 1 ♦** *** | 23. 64. 13. | 6. 66. 2. 10. 84. 6. 9. — Q4~ ... 88. 3. 1 *** *** 1 j *** *** 19 6 9 - Q 1 „ .„ 77. 1. 60. 16. 79. 5. 52. | 33. 4, 11. 83. 6. 7. I 4. 47. 6. 24. 4. -Q2... 56. | 26. 59. 15. | 8. 70. 7. ! 43. 61. 11. 18. 11. 4. -Q3... 58. ) 16. 64. 20. | 52. 61. 3. 21. 71. 6. 1 32. 2. — Q 4.. . 64. | 37. 6. 53. 4. 28. 3. 5923. | 15. 45. 9. 10. 59. I 13. I ! 4. 1970-Q1... 18. 47. 10. | 37. 56. | 18. 62. 20. | 55. 3. 23. 2. 64. 11. -Q2...... 58. 53.. 33. | 23. 38. 18. | 38. 5. 50. 7. 24. 1. 65. 11. 1 15. -Q3..,.. 61. 48. 32. 32. 19. 2. 47. 8. 47. | 20. 1. 66. ! 43. 12. I 5. -Q4.„. 7. | 43. 3. 46. 8. 303. 5961. 2235. 58. 10. I 831I I 1 9 71-Q 1___ 5862. 24. | 14. 48. 6. I 42. 2. 52. 522. 2. 61. 16. I 1359. 5. 1 44. | 16. 60. 24. | 9. 56. 3. 45. 8. 20. ~ Q 2 --14. 166. 61. | 11. 65. 23. | 9. 57. 5. J 43. 1. 52. 4. 28. - Q 3 ---|| 1. 62. 9. -Q4...|| 60. 16. J 6. 63. 4. I 47. 6. 45. 3. 30. 67. 2. 65. 3. I 17. I 1 1 4. 67. 2. | 49. 2. 42. 629. 197 2— Q 1 . . . || 60. 58| 28. 1. 66. 5. 13. | 69. 5. | 51. 3. 42. 5. ~ Q 2 ---|| 58. | 28. 60. 12. | 5. 30. 1. 61. 8. 34. 71. 13. | 2. 68. 2. 1 50. 1. 43. 6. 1. 62. -Q3....I| 60. 3. 1 17. 4. 41. 37. 2. 4. 58. 2. -Q4... |I 59. | 23. 71. 6. | 2. 723. 1 52. 1 1 2. 44. 7. 1973-Q1...| 58. 35. 5. 58. | 32. 62. 6. | 2. 75. 1 47. 2. 22. 7. -Q2...Ii 58| 36. 58. 5. 78. | 47. 3. 44. 36. 5. 58. 2. 71 - Q 3 ---|| 61. | 26. 58. 5. 71. 4. 2. 49. 734. 2. 61. 3. 15| 1 42. -Q4...| | 29. 8. 5. 45. 637. 4. 61. 56. 15. | 9. 62. 54. 5. I 45. II 1 1974— Q.1. .. | 5„ 61. 6. 2. 43. 69.. 5. 45. 3. 49. 3. ! 20. 65. 15. | 1 51. | 44. 6. 46. 4. 4.. 4. 39. 4. -Q2..-I| 63. 1 29. 59. 11. | 76. 56. 2. 48. -Q3...I| 20. | 38. 5. 928. 3. 63. | 13. 60. 27. ( 18. 46. 64. 6.. 30. | 41. 6. 47. 7. 54. 35. 27. 32. 1. 48. 19. "Q4...II 6539. | 1 7. 1975-Q1...| -Q2...|| -Q3...I -Q4...| 64. 63. 63. 63. 19 7 6 - Q 1... |! -Q2. — | — Q3.,| -Q4...J 63. 63. 65. 66. 1977— Q1...J -Q2...I - Q3 . . . | — Q 4... | 1 1978-Q1 ___ | -Q2...| - Q 3 --- | -Q4.,— | I 1979-Q1...| -Q2...J - Q 3 ---| -Q4...I I 1980-Q1...| -Q2. .. | — Q3 .. - | — Q4... | 1 1981 - Q 1 ___| -Q2..-I — Q 3 . .. | 64. 63.. 66. 68. I 1 9 8 2 - Q 1 ... | -Q2... | -Q3...J — Q4.,... | 1 1983-Q1... | 1 67. 67. 70. 71. 70. 71. 73. 79. 72. 7271. 68. 64. 64. 65. 65. 636263. 63.. 63. | | J | I I 1 | | 1 | | | | I l | I 1 1 | 1 1 1 i 1 1 i I 1 | | 1 J i i | | 1 1 | _1 _ 10. 11. 6. 18. 56. 70. 74. 64. 34. 19. 21. 18. | J | | 27. 13. 11. 8. 30. 43. 51. 61. 14. 14. 4. 4. | | | ! 40. 47. 47. 43. 6. 63. 6. 46. 40. 44. 49. 8. 6. 6. 2- 24. 31. 32. 35. 1. 2. 2. 2. 51. 40. 54. 54. 24. 27. 11. 9. 17. 17. 12. 19. 67. 67. 62. 55. 1616. 26. 26. | | | | 57. 9. 10. 62. 63. 54. 55. 4. 3. ID12. | | | | 42. 38. 42. 38. 4. 3. 1. 4. 49. 54. 46. 49. 6. 5. 10. 8. 28. 26. 30. 27. 3. 1. 0. 2. 53. 60. 58. 57. 16. 13. 12. 14. 17. 20. 16. 12. 64. 61. 55. 53. 18. 20. 29. 35. | | | | 10. 7. 1211. 54. 56. 58. 58. 6. 7. 7. 8- | | 1 1 40. 45. 37. 37. 3. 2. 1. 0. 50. 44. 49. 54. 6. 9. 13. 8. 22. 23. 23. 22. 1. 0. 0. 1. 50. 44. 4852. 27. 33. 28. 25. 15. 12. 8. 6. 51. 58. 54. 48. 34. 31. 38. 46. | | | | 10. 12. 14. 19. 61. 66. 54. 49. 7. 9. 17. 19. 38. 43. 39. 37. 4. 2. 2. 2. 51. 49. 52. 50. 77. 7. 10. 19. 23. 26. 21. 0. 2. 0. 2. 50. 48. 58. 63. 31. 26. 16. 15. 3.. 3. 2. 1- 50. 51. 40. 40. 47. 46. 58. 58. | | | | 19. 27. 32. 40. 45. 42. 34. 27. 13. 232634. ! I | 1 1 ! | J | 37. 28. 34. 34. 02. 0. 1. 5559. 49. 46. 8. 12. 17. 19. 23. 20. 23. 25. 2. 2. 1. 1. 62. 64. 60. 54. 1314. 17. 19. 4. 4. 8. 25- 44. 45. 61. 66. 52. 5132. 10. | | | | 32. 39. 23. 12- 27. 11. 30. 56. 26. 43. 10. 2- 30. 29. 34. 38. 2. 0. 3. 7. 54. 51. 52. 50, 14. 20. 10. 4. 18. 9. 17. 25. 3. 1. 0. 3. 58. 47. 50. 61. 21. 43. 32. 11. 37. 40. 35. 40. 57. 54. 56. 51. 56. 9. 9. I | I I 4. 3. 3. 3. 59. 75. 66. 68. 5. 4. 53. t 37. 24. 26. 27. 9. 9. 15. 9. 52. 65. 55. 60. 2. 3. 4. 3. 23. 18. 16. 18. 3. 5. 7. 9. 53. 50. 53. 53. 21. 26. 24. 21. 41. 47. 43. 49. 49. 4348. 42. 10. 10. 9. 8. | | I | 22. 2. 4. 67. 69. 73. 80. 2. 3.. 3. 3. ! | t | 30. 29. 28. 31. 11. 4. 7. 6. 55. 6162. 58. 4. 7. 3. 6. 19. 19. 17. 19. 7. 3. 37. 4839. 59. 60. 26. 38. 21. 15. 44. 48. 7- I 1_ 1. 75. 2. ! 3,. I__________ 8. 58. 3.. 10. 4. 51. 35- ! 1 | | 1 | | ! AS OF THE 1981-Q2 (APRIL 1) SURVEY, T HE HORDING OF MANY QU E S T I O N S HAS ALTERED. THE SURVEY RESULTS SHOHN ABOVE ARE HIGHLY C O M P A R A B L E TO E A RLIER DATA. HOHEVER, BEC A U S E T HE C O LUMN H E A D I N G S R E F L E C T THE O LD FORM OF T H E QUESTIONS, P E RSONS USING OR QUO T I N G T H E LATEST RES U L T S SH O U L D O B T A I N T HE NEH HORDING BY R E Q UESTING COPIES OF T H E NEH Q U E S T I O N A I R E A ND SURVEY R E PORTS (AGRICULTURAL C R E D I T C O N D I T I O N S SURVEY) FROM THE RES E A R C H DEPARTMENT, FEDERAL RES E R V E BANK, MINNEAPOLIS, HN 55480. 47 SURVEY OF CUBBENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342-4Q INTER E S T RATES ON FARM LOANS |MOST | DATE OF 1 SURVEY | | | 1 1 1964-Q1...| - Q 2 ... i -Q3...I -Q4..-1 1 1965-Q1___J -Q2...I -Q3...| — Q4 ...| 19 6 6 - Q 1___| -Q2...J -Q3- — | - Q 4 ---| i 1967— Q1. — 1 — Q2..,.. | -Q3. — 1 — Q4-..- ( 1 1968-Q1___| - Q 2 ---1 -Q3....I -Q4-..I 1969-Q1.--| — Q2— | -Q3— | -Q4....I 1 970— Q1..... | — Q2- ... | -Q3..-1 -Q4...„| 1 1 9 71-Q1 ___| -Q2 --- | - Q 3 ---| " Q 4 ...| COMMON I N T E R E S T RATES C H ARGED ON FARM LOAN S| TREND IN INT E R E S T RATES (PERCENTAGE OF BANKS REPORTING) (AVERAGE, PERCENT) 1 R EAL ESTATE ( S HORT-TERM INTERMEDIATE- -TERM LOANS NON-R E A L - E S T A T E LOANS L O N G-TERM | NON-REA L - E S T A T E LOANS LOANS REAL ESTATE 1 DOHNSHORTI N T E R M EDIATELOANS | DONNDOHNLIT T L E UPLITT L E UPLITTLE UPTERM TERM HARD 1 HARD CHANGE HARD HARD C H ANGE HARD HARD CHANGE 1 ***** ***** ***** *** *** **** 13. 81. 84. 10. 6. 1 6. ***** ***** ***** *** *** **** 87. 10. 84. 15. 3. 1 1***** ***** ***** *** *** **** 86. 12. 89. 1. 10. 1 2. ***** ***** ***** *** *** **** 9. 92. 5. 89. 2. 1 3. 1 ***** ***** ***** *** *** **** 87. 12. 0. 88. 12. 1 1**** ***** ***** ***** *** *** 91. 9. 3. 86. 11. I o. ***** ***** *** ***** *** **** 87. 12. 3. 85. 12I 1***** ***** ***** *** *** **** 84. 1. 94. 5. 15. 1 11 ***** ***** ***** *** *** **** 34. 6832. 0. 66. 1 0. ***** ***** ***** *** *** **** 7822. 026. 74. 1 0***** ***** ***** *** **** *** **** *** *** *** *** 1 *** ***** ***** *** *** **** ***** 17. 1. 9. 90| 0831 ***** *** *** **** ***** ***** 74. 218. 80. | 026. ***** *** *** **** ***** ***** 6. 51. 43. 58. 40. 1 2. ***** *** *** **** ***** ***** 19. 77. 76. 18. 5. 1 5***** **** ***** *** *** ***** 33. 75. 24. 1661 11 ***** ***** ***** *** **** *** 19. 80. 39. 1. 61. 1 o. ***** ***** ***** ♦ ** *** **** 7624. 57430. 1 o***** ***** ***** *** **** *** 87. | 0. 16. 84. 0. 13. ***** ***** *** **** ***** *** 47. 53. 54. 4501 1I *** *** **** 47. 7.40 7.36 7. 15 I 15355. 440*** *** **** 7.66 7.44 8. 927.62 12. 88. 0. I o. *** *** **** 91. 7.90 7.83 9. 8.00 I 0. 8. 92. 0*** *** **** 74. 8.07 8.02 8.00 26. 74. 26. 0I o. I *** *** **** 8.09 8. 19 8. 15 | 0. 39. 61. 1. 34. 65*** *** **** 8.38 8.50 8.42 59. 3268. 39. 2. 1 o. *** *** **** 8-38 8.49 8.46 61. 4339. 56. 1. 1 1*** *** **** 8.42 8.56 8.45 23. 81. 18. 75. 2. I 1. 1 *** *** **** 8.37 8.45 8. 35 4. 8. 82. 82. 10. 1 14. *** *** **** 8. 19 8.28 8.06 | 46. 53144. 53. 3. *** *** **** 8. 16 8.27 8.00 ( 1779. 4. 5. 21. 74. *** *** **** 8.16 8.23 8.06 4. 92. 089. 7. 1 8. 1972— Q 1 . . . | -Q2— J -Q3-.-I -Q4.-- | 8.09 8.02 8.03 8.02 8.23 8. 13 8. 13 8. 15 7.96 7.87 7.90 7.91 1973-Q1---| - Q 2 ---| -Q3...J - Q 4 ---| 8-06 8.08 8.18 8-55 8.20 8-20 8.26 8- 67 7.92 7.95 8.05 8.43 1974-Q1___| - Q 2 ---I -Q3..-I -Q4..-I 8.56 8.53 8.82 9.04 8-74 8-65 9.05 9-33 8.45 8.43 8.70 8.91 1975-Q1-— J -Q2....I - Q 3 — ..| -Q4..-I 9. 11 9.03 9.00 8-99 9.35 9.25 9.23 9.27 9.00 8.86 8.88 8.98 1976-Q1 ___| -Q2..— I -Q3..-~ I — Q4..» J 9.05 9.09 9. 15 9.18 9.27 9.30 9.45 9. 43 9.07 9.08 9. 17 9. 17 1977-Ql ... | -Q2...-I ~ Q 3 -- | -Q4..-I 9. 15 9.21 9- 17 9. 18 9.43 9.45 9.53 9.52 9.15 9. 17 9.21 9.22 1978-Q1___| -Q2..— | -Q3...I — Q4- ... i 9.22 9-20 9.38 9.51 9.47 9.50 9.71 9.81 9.21 9.23 9.47 9.62 1 9 7 9 - Q 1 ___| - Q 2 — .| -Q3...J -Q4...| 10.24 10.39 10.78 11.80 10.67 10.82 11.21 12. 14 10. 06 10.24 10. 55 12.27 1980-Q1-— 1 - Q 2 ---| - Q 3 ---| -Q4...I 13.63 16.39 15.29 13.96 13.99 16.68 15.48 14.26 12.43 14.08 13-94 13. 16 1981-Q1 ___| -Q2...I — Q3«. -.. | - Q 4 -- ( 17.58 17.02 18.04 18.85 17.71 17.05 18.07 19.07 15. 04 15.31 17.06 17.55 1982-Q1...| -Q2.....I -Q3....-I — Q 4 . .- | 17.21 17.35 17-37 16.32 17.50 17.78 17.67 16.68 16.61 17. 13 16.88 16.01 1 983-Q1___ | 14.95 15.56 14.86 1 | | | I I I I I | 1 1 1 I I I t | 1 i 1 1 1 1 1 | | 1 j 1 i 1 i | 1 1 1 1 1 1 | 1 1 | 1 1 ( 30. 26. 15. 4. 70. 74. 83. 89. 0. 028. *** *** *** *** *** *** *** *** **** **** **** **** 17. 2918. 4. o. 1. 0. 87. 76. 60. 28- 9. 2439. 72. *** *** *** *** *** *** *** *** **** **** **** **** 4. o. 1o. o. 58. 81. 41. 37. 42. 1859. 63- *** *** *** *** *** *** *** *** 215172. 64. 71. 71. 82. 34.. 15. 11. 16. *** *** *** *** 4. 11 3. 86. 7869. 88. 10. 11. 28. 10. 14. 12. 5. 1. 80. 82. 88. 87. 2. o. o. 0. o. o. o. 0- 81. 70. 79. 92. 1. 1. 3- 010- 91. 83. 70. 28. 5. 1830. 72. **** **** **** **** 1. 100- 60. 85. 53. 41. 39. 14. 47. 59. *** *** *** *** **** **** **** **** 111. 8. 1. 74. 81. 85. 82- 25. 8. 7. 16. *** *** *** *** *** *** *** *** **** **** **** **** 2. 4. 3. 3. 90. 85. 77. 89. 8. 10. 20. 8. 6. 6. 7. 12. *** *** *** *** *** *♦* *** *** **** **** **** **** 13. 11. 84. 85. 90. 94. 6. 5. 76. 55. 32. 20. 22. 45. 68. 80. *** *** *** *** *** *** *** *** **** **** **** **** 50. 0. 0. 83. 72. 12. 28. 45. 55. 35. 65. 3. 16. 12. 2. 97. 84. 88. 98- *** *** *** *** *** *** *** *** **** **** **** **** 0. 1. 0. 1. 18. 31. 30. 23. 82. 68. 70. 75. 0. o. 89. 29. 22. 0. 7. 42. 78. 1004. 30- 0. 173. 22. 23. 72. 95. 6. 26. 0. 0. 43. 17. 39. 16. 46. 64. 61. 84. 11. 19. 177- 2. 18. 48. 68. 97.. 6. 33. 54. 72. 93. 8. 162. 38. 20. 041. 3112- 2556. 58. 78. 75. 3. 12. 10. 7. 2. 9. 3. 37. 30. 17. 41. 57. 68. 73. 59. 7. 2. 9. 0. 20. 2 8. 69. 12. 71. 2. 15. 45. 7755- 8. 49. 54. 60. 73. 49. 55- 40. 5. 46. 4 9. 4. 45. 50. 5. 4- | 44- | 23. 1 ( | | | 1 | _L 39. 37. 18- 4. 8. 4. 21. 52. 5. 8. 8. 4. 4. 1. 4. 2. 4. 0. AS OF T HE 1981-Q2 (APRIL 1) SURVEY, THE HORDING OF MANY QUES T I O N S 1 H AS ALTERED. THE SURVEY RESULTS SHOHN ABO V E ARE HIGH L Y C O M P A R A B L E TO EARLIER DATA. HOHEVER, BECAUSE THE COLUMN HEA D I N G S R E F L E C T THE OLD FORM OF T HE QUESTIONS, P E RSONS USING OR QUOTING T H E LATEST RESULTS S H O U L D O B T A I N THE NEH HORDING BY R EQUESTING C O P I E S OF THE NER Q U E S T I C N A I R E AND SURVEY REPORTS (AGRICULTURAL CR E D I T CONDI T I O N S SURVEY) F R O M THE RESEARCH DEPARTMENT, FEDERAL R E SERVE BANK, MINNEAPOLIS, MN 55480. 48 SURVEY OF COBHENT &GBICOLTORAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 342-5Q FARM REAL ESTATE LENDING EXPERIENCE PERCENTAGE OF BANKS REPORTING DEMAND FOR FARM REAL ESTATE LOANS, AS COMPARED WITH OSOAL CONDITIONS CURRENT EXPECTED DURING THE (DATE OF SURVEY) CURRENT QUARTER LOHER SAME HIGHER LOHER SAME HIGHER *** *** *** 68. 21. 11. 12. 50. 38. 7. 74. 19. 15. 55. 30. 7. 69. 24. 27. 47. 26. 12. 64. 24. 8. 54. 38 . 6. 65. 29. 5. 50 . 45. 60. 3. 37. 9. 70. 9. 77. 21. 14. 11. 65. 24. 6. 7717. 8. 66. 26. 5. 71. 24. 5., 64. 31. 3. 81. 16. *** *** *** *** *** *** 17. 62. 21. 12. 73. 15. 27. 68. 38. 53. 5. 9. 24. 62. 14. 15. 77. 823.. 69. 8. 16. 79. 5. 24. 64. 12. 15. 82. 3. 68. 14. 18. 17. 71. 12. 10.. 65. 25. 10. 75. 15. 23. 65. 12. 23. 72. 5. 71. 2763. 10. 2.1. 8. 71. 74. 24. 22. 4. 5. 67. 32. 58. 10. 28. 5. 38. 56. 6. 38. 58. 4. 10. 80. 10. 41. 53. 6. 47. 47. 6. 38. 56. 7. 493912. 41. 53. 54. 40. 49. 11. 35. 61. 46. 48. 33. 63. 4. 6. 59. 696. 25. 6. 3517. 3060. 9. 75. 8. 14. 77. 10. 13. 80. 7. 7 7 . 18. 73 . 15. 8. 8. 12. 81. 6. 11. 85. 4. 8. 7814. 4. 88. 8. 9. 12. 76. 12. 86. 5. 10. 84 . 80. 10. 10. 6. 10. 80. 10. 8. 86. 6. 77. 4. 19. 6. 83. 11. 7. 80. 14. 7. 87. 7. 13. 74. 13. 15. 74. 11. 2 0. 74. 7. 21. 76. 3. 13. 69. 18. 14. 76.. 10. 24. 66. 10. 18. 77. 5. 65. 10. 24. 67. 10. 25 . 26. 58. 59. 16. 2516. 27. 20 . 55. 18. 63. 18. 23. 64. 14. 17. 74. 9. 17. 74. 7310. 15. 11. 67. 22. 11. 13. 75. 12. 10. 71 . 19. 7. 81. 12. 18. 66. 14. 14. 15. 72. 15. 14. 68. 18. 7015. 16. 6519. 13. 60. 26. 14. 14. 55. 31. 56. 30. 19. 17. 23. 56. 256015. 62. 23. 13. 66. 21. 20. 56. 24. 16. 58. 26. 72. 19. 63. 18. 17. 12. 10. 71. 19. 11. 77. 12. 13. 73. 14. 10. 78. 12. 19. 6912. 18. 74 . 8. 15. 82. 3. 13. 78. 8. 15. 76. 9. 11. 83. 6. 20. 7. 7219. 72. 9. 41. 55. 3. 32. 58. 10. 50. 36. 39. 41. 1419. 66. 29. 5. 35. 5312. 55. 39. 34. 6. 58. 8. 63.. 34. 3. 37. 56. 8. 56. 33. 11. 53. 425. 69. 29. 2. 58. 40. 2. 57. 41. 2. 53. 45. 26129. 10. 48. 40. 12. 60. 31. 10. 6 523. 12. 55. 40 . 556. 422. 53. 38. 9. 44. 45. 11. 67. 27. 6. 54.. 38. 8. | | | | 1 1 1 1 9 6 4 - Q 1 ...| " Q 2 --- | -Q 3 ---- | - Q 4 ...1 1965-Q 1. . . | -Q 2-----| -Q 3— | - Q 4 ...| 1966—Q1. . . | “ Q 2 --- | -Q 3 -----| —Q4 . ... | 1967-Q 1. . . . | —Q 2 . . . | -Q 3-----| —Q 4.. . | 1 9 6 8 - Q 1 ...| —Q 2 ... | -Q 3 ...I -o a — i l 1 9 6 9 -Q 1 ..., | -Q 2 .... | -Q3----- | -Q 4 . ... | I 1970—Q1. . . | -Q 2-----l - Q 3 . .- I —Q4.,. . | 1 9 7 1 -Q 1 ... | - Q 2 . .. | -Q 3-----| - Q 4 . ..I 1 1 9 7 2 - Q 1 ...| -Q 2 . ... J -Q 3 ---- | —Q 4 .„ .| 1973—Q .1 ...J -Q 2-----| -Q 3— | - Q 4 . ..I 1 1974-Q 1___| -Q2« ... | -Q 3-----| -Q 4-----l 1975-Q1___ | - Q 2 - ..I -Q 3— | -Q 4 . . . | 1976-Q 1. . . | - Q 2 . .. | - Q 3 . ..J - Q4.. . - | 1 9 7 7 - Q 1 ...| - Q 2 - ..I -Q 3— - | -Q 4 ...I 1978-Q 1. . . J -Q 2---- . j - Q 3 - ..I -Q 4— .1 1 9 7 9 - Q 1 ...| -Q 2-----j -Q 3 -... | - Q 4 . .. | 1980-Q 1___J - Q 2 . .. | -Q 3 -----1 -Q 4..-~ J 1 9 8 1 -Q 1 ... | -Q 2 ---- | -Q 3___ | -Q 4 . — I 1982-Q 1. . . | - Q 2 . .- I - Q 3 . .. | - Q 4 ...I 1983-Q1___ | 1 AS OF THE 1981-Q2 (APRIL 1) SURVEY, THE HORDING OF MANY QUESTIONS HAS ALTERED. THE SURVEY RESULTS SHOHN ABOVE ARE HIGHLY COMPARABLE TO EARLIER DATA. HOHEVER, BECAUSE THE COLUMN HEADINGS REFLECT THE OLD FORM OF THE QUESTIONS, PERSONS USING OR QUOTING THE LATEST RESOLTS SHOULD OBTAIN THE NEH HORDING BY REQUESTING COPIES OF THE NEH QUESTIONAIRE AMD SURVEI REPORTS (AGRICULTURAL CREDIT CONDITIONS SURVEY) FROM THE RESEARCH DEPARTMENT, FEDERAL RESERVE BANK, MINNEAPOLIS, HN 55480. DATE OF SURVEY SURVEY OF CURRENT AGRICULTURAL CREDIT CONDITIONS, NINTH FEDERAL RESERVE DISTRICT--FEDERAL RESERVE BANK OF MINNEAPOLIS TABLE 3 4 2 . 6Q FARMERS* EARNINGS AND SPENDING, COMPARED WITH PREVIOUS YEAR PERCENTAGE OF BANKS REPORTING EARNINGS OF BANKS* FARM CUSTOMERS SURVEY | I I 1 1964-Q 1... | -Q 2 ...I -Q3...„ | -Q 4 ...| CURRENT (DATE OF SURVEY) SPENDING BY FARMERS FOR ALL ITEMS EXPECTED IN CURRENT QUARTER CURRENT (DATE OF SURVEY) EXPECTED IN CURRENT QUARTER LOWER SAME HIGHER LOWER SAME HIGHER LOWER SAME HIGHER LOWER SAME 5466. 76. 66. 16. 16. 23. 21. 3018. 1. 13. 45 . 58. 63. 65. 4238. 33. 25- 13. 4. 4. 10- *** 27. 42. 37. *** 59. 49. 50. *** 14. 8. 13. *** 32. 44. 50. *** 56. 43. 37. *** 12. 13. 13. 1 9 6 5 -Q 1 .— I -Q 2 ...I - Q 3 ------| - Q 4 ------| 74. 59. 18. 15. 21. 29. 27. 14. 5. 12. 55. 71. 5235. 7. 13. 40. 48. 33. 16. 8. 17. 60. 71. 44. 50. 24. 11. 46. 40. 52. 50. 10. 10. 24. 39. 47. 44. 13. 13. 43. 46. 56. 40. 10. 10. 31. 47. 196 6-Q1. . . | -Q 2 .... | -Q 3 ...I -Q 4 ..-I 17. 7. *** 7. 16. 16. *** 18. 67. 77. *** 75- 10. 2. *** 1. 26. 26. *** 23. 64. 72*** 76. 13. 7. *** 3. 47. 59. *** 60. 40. 34. *** 37. 13. 2. *** 10- 48. 57. *** 42. 39. 41. *** 48. 1967-Q1------| -Q 2 ...I —Q 3 « . . | -Q 4 .-.I 14. 41. 32. 29. 17. 36. 5334. 69. 23. 14. 37. 12. 39. 16. 43- 51. 49. 54. 43. 37. 12. 30 . 14. 822. 14. 17. 56. 56. 6259. 36. 22. 24. 24. 8. 19. 12. 15. 64. 58. 61. 65- 28. 23. 27. 20. 1 9 6 8 -Q1___ | - Q 2 ------| — Q3. ... | -Q 4 ..-I 55. 46. 28. 29. 29. 41. 53. 39. 1613. 19. 32- 41. 26. 26. 26. 54. 64. 55. 46. 5. IQ 19. 28- 22. 30. 12. 16. 59. 55. 68. 65. 1915. 20. 19. 26. 27. 1318. 63. 56. 71. 62. 11. 17. 1620. 1 969-Q1 ___ J -Q 2 ... | -Q 3 ...| - Q 4 ------| J 1970-Q 1...| - Q 2 ------| - Q 3 ------| -Q 4 ...I 16. 17. 12. 13. 45. 44. 30. 34. 3 9. 3958. 53. 12. 1114. 11. 69. 603945. 19. 2947. 44- 12. 16. 14. 18- 67. 63. 66. 64. 21. 21. 20. 18. 6. 11. 18. 17. 76. 65. 58. 62. 18. 24. 24. 21. 8. 5. 1535. 3234. 64. 48. 6060. 21. 18. 7. 9. 15. 27. 59. 56. 60. 56. 35 . 35. 25. 16. 13. 2319. 27. 67. 63. 58. 64. 20. 15. 23. 9. 1618. 17. 28. 6466. 66. 61. 19. 15. 18. 11. 1 9 7 1- Q 1 .., . | —Q2 .. . | -Q 3 ... | - Q 4 ------| 52. 33. 15. 13. 33. 55. 70. 50. 15. 13. 15. 38. 5124. 4. 16. 42. 66. 62. 45. 8. 10. 33. 39. 36. 28. 11. 10. 54. 58. 65. 70. 10. 14. 24. 19. 42. 23. 79. 51. 58. 70. 67. 8. 19. 23. 23. 1972— Q1. . . | -Q 2 ..., | -Q 3 ...I -Q 4 „..| 17. 9. 4. 1. 39. 42. 41. 21. 4 5. 50. 54. 79- 9. 5. 4. 1. 61. 63. 49. 24. 30. 32. 47. 75- 10. 6. 8. 4. 69. 75. 74. 69. 22. 19. 18. 27. 12. 8. 6. 1. 72. 7475. 60- 16. 18. 19. 38. 1973-Q1 ___ | -Q 2 „..| — Q3 ... . | — Q4. . . . | 21. 1. 0. 126. 203. 86. 94. 79. 97. 0. 122. 21. 16. 265. 7983. 7293. 1. 0. 1. 0. 52. 39. 46. 31. 47. 61. 53. 69. 2. 0. 1. 1. 53. 43. 48. 23. 45. 58. SI76. 1974-Q1___ 1 — Q2 -.. . | -Q 3 ...I —Q4.. ... | 1. 11. 59. 62. 7. 19. 21. 20. 93. 70. 20. 17. 3. 25. 66. 68. 18. 3624. 19. 78. 39. 10. 13. 2. 2. 11. 27. 24. 31. 38. 42. 74. 66. 51. 31. 3. 4. 19. 38. 33. 26. 36. 31. 64. 69. 45. 31. 197 5 - Q ___ | - Q 2 ----- | - Q 3 . ... | - Q 4 ------| 67. 81. 56. 19. 24. 16. 34. 52. 9. 3. 10. 2 9. 70. 78. 52. 20. 21. 19. 33. 50. 10. 3. 15. 30. 42. 55. 31. 20. 35. 28. 37. 57. 23. 17. 31. 23. 50. 52. 29. 18. 28. 26. 40. 56. 22. 22. 3126. 1 9 7 6 -Q 1 .. „ | - Q 2 ------| -Q 3 ...I —Q4. . . | 47. 41. 51. 80. 34. 48. 37. 13. 19. 1 1127. 43. 31.. 55.. 79. 38. 60. 31. 15. 19. 10. 14. 7. 25. 25. 41. 51. 60. 59. 43. 37. 15. 16. 15. 12. 29. 24. 48. 63- 58. 59. 39. 29. 13. 17. 12. 8. 1 977-Q 1... | — Q2. ... | - Q 3 ------| — Q4„— | 86. 78. 67. 56. 11. 20. 27. 26. 3. 1. 5. 18- 78. 6154. 48.. 17. 3524. 28. 64. 22. 24. 73. 68. 45. 46. 20. 27. 41. 40. 7. 5. 14. 15. 75. 63. 44. 50. 16. 31. 44. 35. 10. 7. 13. 15. 1978-Q1___ J -Q 2 ..-I -Q 3 ...J - Q4------| 46. 36. 5. 6. 2828. 2526. 2636. 70. 6 8. 41. 21. 4. 8. 36. 38. 22. 25. 23. 40. 75. 67. 51. 36. 27. 39. 48. 56. 55. 10. 16. 42. 38. 55. 31. 27. 32. 48. 53. 50. 13. 21. 45. 42. 1 979-Q1___ | -Q 2 ...I -Q 3 ...J -Q4— | 33. 6. 17. 14. 19. 26. 40. 83. 7869. 43- 1. 3. 6. 19- 29. 31. 34. 40. 71. 66. 60. 42. 6. 9. 5. 12. 50. 46. 43. 47. 45. 45. 52. 41. 5. 5. 5. 15. 52. 47. 41. 40. 43. 48. 54. 45. 1980-Q1 — . | -Q 2 ...1 —Q 3 . . . | -Q 4 ....J 31. 56. 8542- 36. 34. 13. 34. 33. 9. 2. 24. 3166. 8439. 42. 30. 13. 28. 27. 4. 333. 2657. 68. 54. 45. 20. 2230. 29. 23. 9. 16. 30. 51. 69. 46. 40. 18. 22. 34. 31. 30. 9. 21. 1 98 1-Q 1...| -Q 2 ...| - Q 3 ------| -Q 4 „..| 47. 63. 54. 59. 21. 30. 36. 25. 32. 7. 9. 16. 40. 57. 34. 62. 24. 37. 42. 25. 36. 6. 24. 13. 60. 57. 50. 45. 29. 32. 31. 27. 11. 11. 19. 29. 64. 4433. 41. 26. 41. 44. 37. 10. 15. 23. 22. 1 9 8 2 -Q t... J -Q 2 ...| — Q3. . . . | -Q 4 .. . | 88. 93. 5668- 12. 6. 34. .19. 0. 110. 13. 80. 71. 43. 62- 19. 24. 40. 28. 1. 5. 17. 10. 75. 79. 54. 54. 14. 18. 34. 31. 11. 3. 12. 15. 67. 66. 43. 53. 24. 29. 43. 37. 9. 6. 14. 10. 1 98 3-Q 1...| 1_ 81. 15. 4. 61. 39. 0. 75. 19. 6. 56- 42. 2. HIGHER AS OF THE 1981-Q2 (APRIL 1) SURVEY, THE WORDING OF MANY QUESTIONS WAS ALTERED. THE SURVEY RESULTS SHOWN ABOVE ARE HIGHLY COMPARABLE TO EARLIER DATA. HOWEVER, BECAUSE THE COLUMN HEADINGS REFLECT THE OLD FORM OF THE QUESTIONS, PERSONS USING OR QUOTING THE LATEST RESULTS SHOULD OBTAIN THE NEW WORDING BY REQUESTING COPIES OF THE NEW QUESTIONAIRE AND SURVEY REPORTS (AGRICULTURAL CREDIT CONDITIONS SURVEY) FROM THE RESEARCH DEPARTMENT, FEDERAL RESERVE BANK, MINNEAPOLIS, MN 55480. 50 QUARTERLY SOBVEY OF AGRICULTURAL CREDIT COMDITIORS, TEMTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BARK OF KAHSAS CITY TABLE 343. IQ CORRERT FARH BOM-REAL-ESTATE LERDIRG EIPBRIBBCE, COBPARED WITH A YEAR EARLIER PERCERTAGE OF BARKS REPORTIHG 1 1 | 1 DEHARD FOR LOAMS LOWER SAHE FUND AV A I L A B IL I TY HIGHER LOWER SAME HIGHER LOAR REPAYMBRT RATE LOBER SAHB HIGHER | REHEBALS OR BXTEMSIOHSJ 1 | LOBER SAHB HIGHER | -Q 4 ...| 13. 4. 6. 6. 34. 40.. 35. 21 . 53. 55. 60. 72. 14. 19. 17. 39. 49 . 51. 5044. 37. 30. 33. 17. 34. 31 . 26. 56. 51. 60. 67. 43. 15. 9. 7. 1. 1 9 7 7-Q 1 ...J ~Q2------| -Q 3 ..-I -Q 4 ..-I 5. 3. 6. 5. 26. 29. 2 8. 33. 70. 67. 66. 62. 3 5. 38. 41. 37 . 43. 49. 45 . 49. 22. 13. 14. 15. 68. 64. 67. 63. 30. 30. 29. 32. 2. 5. 4. 5. 1 | I I 1 1 1 1 1 1 1978— Q1. . . | -Q 2 ...I -Q 3 ..-I -Q 4 ...I I 1979-Q1___ | -Q 2 ..-I “ Q 3 ...I -Q 4— - I 1 1 9 8 0 -Q 1 ...I -Q 2 ...I -Q 3 ...I -Q 4 ...1 13. 11. 13. 10. 44. 46. 46. 38 . 44. 43. 41. 52. 19. 17. 20 . 26. 54 . 54. 46. 48. 27. 29. 34. 26. 52. 34. 27. 16. 35. 49. 52. 59. 13. 18. 21. 24. 17. 13. 11. 10. 41. 3934. 4 5. 41. 48. 56. 45. 21. 22. 27. 32 . 49. 4 9. 40. 45- 30. 28. 33. 23. 12. 10. 8. 16. 53. 63. 70 . 68. 16. 38. 39. 35. 41. 32. 42. 47 . 43. 29. 19. 19. 29. 42. 1211. 48. 42. 56. 49 . 2316. 3 2. 40. 23. 41. 32. 27. 1 981-Q 1...| -Q 2 ...I - Q 3 ------ | -Q 4 ..-I 1 1982-Q 1...| -Q 2 ...| - Q 3 ------| - Q 4 ------| 36. 33. 28. 3 2. 47. 41. 43. 43. 18. 26. 30. 25. 8. 9. 15. 16. 50. 49. 49. 54. 42. 42. 35. 30. 35. 37. 34 . 28. 41. 45 . 45 . 48. 24. 18. 21. 25. 12. 9. 12. 16. 50. 55. 52. 52. 1 98 3-Q 1 ...| _____________ L . 32. 47. to o DATE OF SURVEY 13. 45- 19 7 6 -Q 1 . . . | - Q 2 ------ j COLLATERAL REQUIRED LOBER SAHE HIGHER 12. 8. 9. 5. 57. 54 . 6 4. 42. 31. 3 8. 31. 54. 1 | | | 2. 1. 2. 0. 6 8. 74. 71. 64. 30. 25. 27. 36. 132. 3. 3 3. 32. 2 8. 32. 66. 66 . 69. 65. | | | | 1. 11. 0. 59. 57. 58. 59. 40. 43. 41. 41. | 1 | | 10. 8. 15. 18. 38. 54. 57 . 6 5. 52 . 37. 28. 18. | | | | 1. 0. 2. 1. 64. 68. 68. 68. 34. 32. 30. 31. 34. 27. 22. 16. | 1 1 I 27. 21. 17. 14. 58. 6 4. 7 1. 6 8. 15. 15. 12. 18. | | | 1 1. 1. 1. 1. 74. 66. 70. 62. 25. 33. 29. 37. 62. 46. 59. 59. 15. 13. 913. 1 1 1 1 15. 6. 7. 13. 55. 51. 57. 58. 30. 42. 36. 30. | | | | 1. 0. 1. 0. 61. 42. 56. 64. 38. 58. 44. 36 . 32. 39. 45. 49. 56. 5250. 46. 12. 8. 5. 4. 57. 53. 54. 47 . 33. 39 . 44. 49. | | | | 1. 1. 1. 0. 62. 64. 62. 54. 37. 36. 37. 46. 38. 3 6. 36. 32 . 62. 64. 57. 56. 3232. 39. 38. 6. 4. 4. 6. 31 . 3 5. 37. 40 . 64. 63. 60. 58. | | | | 1. 2. 1. 1. 54. 47. 55. 45. 45. 51. 45. 54. 4 1. 60. 35. 5. 34 . 60. | 1. 45. 54. | 10. 1 7. 1 2. 1 5. 1 1 5. 1 2. 1 3. 1 2. 1 1 6. J __________ QUARTERLY SURVEY OF AGRICULTURAL CREDIT COMDITIORS, TEHTH FEDERAL RESBRVE D IS T R I C T — FEDERAL RESERVE BARK OF KAHSAS C I T Y TABLE 343.2Q AVBRAGE LOAH/DBPOSIT RAT IO, AHD PERCBHTAGE OF BARKS REPORTIHG OTHER COHDITIOHS THAT REFLECT RELATIVE CREDIT A V A I L A B IL I T Y DATE OF SURVEY RUBBER OF FARH LOAM REQUESTS REFERRED TO— REFUSED OR | REDUCED A |ACTIVELY LOAH/DEPOSIT RATIO I S — HORBARK AGEMClES CORRBSPORDERT BARKS FARH LOAR |SEEKIRG AVBRAGE LOBER HIGHEE REQUEST I R | HER LOAI/DEPOSIT | COUPABED RITH | COMPARED RITH THAR AT THAR PREVIOUS | FARH RATIO HOME| USUAL RUBBER MOHEI USUAL RUBBER LOAR DESIRED DBSIRED DESIRED QUARTER DOB| (PBR CBBT) TO SHORTAGE|ACCOURTS LEVEL LEVEL LEVEL 1 1976-Q 1___ | -Q 2 ..-I -Q 3 ...| -Q 4 ...I 56. 57. 59. 62 . 1 977-Q 1...| - Q 2 ------| -Q 3 ...I “ Q 4 -.-I 61. 62. 65. 65. 197 8-Q 1 ...| -Q 2 ...I - Q 3 ___ | -Q 4 ...1 62. 62. 63 . 64. 1 979-Q 1...| -Q 2 ...| -Q 3 ...J -Q 4 ...1 1 1 9 8 0 -Q 1 ...I -Q 2 ...J -Q 3 . . . \ -Q 4 ...I 1 1 98 1-Q 1 ...I -Q 2 . - . | -Q 3 ...I -Q 4 ...I 1 1 982-Q 1...| -Q 2 ...| -Q 3 . . . | -Q 4 ...I 62. 63. 64. 64. 1983-Q 1...| _____________ L__ 63. 64. 63. 60. 59. 60. 61. 61. 59. 58. 60. 62. 60. 1 1 1 | | 1 1 | | 1 1 | 1 | 1 i | 1 1 | 1 | | 1 1 1 | | 1 1 J 1 | 1 1 1 1 51. 54. 49. 40 . 12. 12. 12. 10. 37. 34. 39. 51. | 1 | | 13. 14. 11. 20. 58. 51. 51. 35 . I | 1 1 51. 48. 47. 52 . 19. 13. 19. 9. 62 . 6 9. 65. 69. 19. 18. 16. 21. 31 . 36 . 28 . 31. 21. 12. 12. 17. 48. 52. 59. 52. | | | | 23. 22 . 26. 26 . 37. 30. 31. 26. 1 | 1 1 39. 40. 37. 41. 7. 10. 8. 10. 64. 6 3. 64 . 58. 29. 27. 28. 32. 40. 39. 43. 92. 16. 15. 14. 15. 44. 46. 43. *3. | | | | 21. 15. 13. 18. 31. 39 . 3534. | | 1 | 43. 36. 39. 40. 12. 10. 20. 19. 65 . 73 . 66 . 66 . 23. 17. 15. 16. 38. 42. 42. 35. 18. 11. 14. 9. 43. 47 . 44. 56. | | | | 14. 18. 18. 21. 37. 35. 37. 34. | | | | 40. 40. 40. 44. 18. 16. 14. 13. 68 . 62. 6 5. 61. 14. 22. 21. 26. 38. 29. 41. 52. 11. 11. 21. 14. 51 . 60. 38. 34. | | | | 22 . 32. 18. 8. 32. 17. 27. 44. 1 | | 1 43. 44. 48. 47. 17. 16. 19. 23. 59 . 62 . 70 . 6 5. 25. 22. 11. 13. 54. 58. 51 . 52. 15. 9. 13. 11. 32. 33. 37. 37. | | | | 10. 7. 10. 11. 43. 39. 39. 40. 1 | 1 1 51. 46. 45. 43. 18. 16. 20. 17. 74 . 6 7. 64 . 69. 8. 16. 16. 14. 57. 55. 57. 51. 11. 14. 12. 9. 33 . 31. 3140. | 1 1 | 10. 8. 8. 11. 41. 43. 43. 43. | 1 I 1 49. 51. 51. 51. 16. 11. 18. 16. 7 4. 78 . 68. 7 1. 11. 12. 14. 13. 54. 7. 39. 1 11. 45. | 49. 15. 73. 12. 1 I 1 1 J 1 1 1 1 1 f 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 J 1 1 1 1 1 1 1 1 1 1 1 1 1 JL 41. 45. 44. 46. 12. 10. 13. 9. 63. 70. 69. 66. 26. 20. 19. 25. 39. 37. 36 . 32. 5. 6. 5. 5. 61. 57. 58. 50. 34. 37. 37. 45. 36. 34. 37. 36. 7. 13. 14. 13. 44. 49. 58. 57. 49. 38. 29. 29. 33. 31. 31. 35. 13. 13. 13. 12. 53. 50. 56. 54. 34. 37 . 31. 34. 35. 24. 35. 42. 13. 5. 12. 14. 57. 51. 59. 62. 30. 44. 29. 24. 37. 37. 38. 40. 17. 12. 14. 15. 58. 62. 53. 56. 26. 26. 33. 28. 3 9. 34. 40. 43. 13. 10. 14. 12. 56. 5558. 62 . 31. 34. 28. 26. 45. 12. 56. 32. 51 QUARTERLY SURVEY OP AGRICULTURAL CREDIT CONDITIONS, TEHTH FEDERAL RBSERVB DISTRICT— FEDERAL RESERVE BARK OF KANSAS CITY TABLE 343.3Q HOST COHHOH IHTEREST RATES CHARGED 01 FARH LOAHS (AVERAGE, PER CENT) DATE OF SURVEY J | | OTHER OPERATING LOANS FEEDER CATTLE LOANS INTEBHEDIATE— TERH (1 TO 7 YEARS) LOANS LONG—TERH REAL ESTATE LOANS 1 1 1976-Ql...| -Q2...I -Q3...J -Q4..-I 8.77 8.81 8.78 8.82 8.92 8.91 8.89 8.93 9.15 9.21 9. 16 9.22 9.10 9.17 9.19 9.22 1977-Q1...| -Q2.. . | -Q3. . . | -Q4..-I 8.84 8.84 8.84 8.87 8.95 8.96 8.98 8.98 9.23 9.33 9.34 9.32 9.23 9.25 9.25 9.22 1978-Q1...| -Q2...J -Q3...I -Q4...I 8.90 8.94 9. 07 9.27 9.03 9.06 9.22 9.40 9.35 9.38 9. 54 9.80 9.23 9.29 9.46 9.64 1979-Q1...| 9.88 -Q3...I — Q4...| 10.45 11-52 9.95 10.28 11.09 11.59 10.24 10.62 10.80 11.81 10.03 10.30 10.51 11.31 1980-Ql..•| -Q2...1 -Q3.-.I -Q4.-.I 12.99 16.53 14.04 13.96 13.06 16. 55 14.12 14.06 13.11 16.86 14. 18 14.24 12.37 15. 88 13.03 13.98 1981-Ql...| -Q2...I -Q3...I -Q4...I 16.95 16.28 17.39 18.09 17.06 16.33 17.43 18.11 16.61 16.44 17.38 18. 14 15.95 15-68 16.99 18.08 1982-Q1__ | -Q2-- 1 -Q3...I -Q4..-I 16.58 16.88 16.86 15.45 16.65 16.95 16-93 15-49 16.88 17.09 17. 15 15.81 16.69 16.74 17.01 15.77 1983-Q 1. . . | ___________ I__ 14.31 14.38 14.76 14.73 10.20 QUARTERLY SURVEY OF AGRICULTURAL CREDIT COHDITIOIS, TBITH FEDERAL RESERVE DISTRICT— FEDERAL RESERVB BARK OF KAHSAS CITY TABLE 343.4Q FARH REAL ESTATE VALUES HARKET VALUE OF GOOD FARHLARD DOLLARS PER ACRE | | RANCHLAND 1 NONIRRIGATED > IRRIGATED 1 CROPLAND CROPLAND 1 1976-Q 1...| 469. 823. 234. 254. 491. 884. -Q 2 ..-I 497. 914. 253. “ Q 3 --.I 528. 259. 991. - Q 4 — -| DATE OF SURVEY |lPERCENTAGE CHANGE FROH PRBVIOUS QUARTBR PERCENTAGE CHANGE FROH PREVIOUS YEAR | NONIRRIGATED _ CROPLAND NONIRRIGATED CROPLAND IRRIGATED CROPLAND RANCHLAND IRRIGATED CROPLAND RANCHLAND '| | | | ***** 4 .6 1.2 6.2 7.4 3.5 8.4 ***** 8.4 -0 .3 2.5 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -1 .7 2.2 0 .5 -2 .8 -1 .5 0 .4 0 .3 -2 .3 0.6 4.2 -0 .4 -2 .6 10.6 8.1 7 .3 -1 .9 18.7 10.9 7 .6 -3 .0 1 1.5 7. 1 7.0 1.7 1977-Q 1...| -Q 2 ...| -Q 3 ...I -Q 4 ... | 519. 530. 533. 518. 977. 980. 984. 961. 261. 272. 271. 264. | | | | 1978-Q 1...| -Q 2 ...I -Q 3 ...I -Q 4 ...I 530. 546. 561. 591. 980. 970. 1007. 1066. 264. 270. 280. 295. | | | | 2 .3 3. 1 2.8 5 .3 2 .0 -1 .0 3 .7 5 .9 0 .0 2.4 3.6 5 .4 2. 1 3 .0 5 .4 14.2 0 .4 -1 .0 2 .3 10.9 1.2 -0 .6 3 .4 11.9 1 9 7 9 -Q 1 -. . | -Q 2 ... | -Q 3 .--I -Q 4 ..-I 615. 672. 695. 721. 1114. 1181. 1316. 1296. 297. 334. 335 . 348. | | | | 4. 1 9 .2 3.4 3 .8 4.5 6.0 11.5 -1 .5 0.8 12.5 0.2 3 .9 16.2 2 3 .0 23.8 2 1 .9 13.7 2 1 .7 3 0 .8 2 1.6 12.6 2 3 .7 19.8 18.1 198 0-Q l...| -Q 2 ...I -Q 3 -..I -Q 4 ..-I 739. 738. 722778. 1273. 1263. 1254. 1304. 357. 357. 353. 371. | | | | 2 .5 -0 .1 -2 .2 7.8 -1 .8 -0 .9 -0 .7 4 .0 2 .6 -0 .1 -1 .2 5.3 20. 1 9.9 3 .9 7.9 14.3 6 .9 -4 .7 0 .6 2 0. 2 6 .8 5.2 1 9 8 1 -Q 1 .. . | -Q 2 ..-I -Q 3 .— I -Q 4 ...I 806. 816. 848. 844. 1334. 1366. 1440. 1383. 388. 400. 405. 403. | | | | 3.5 1 .3 3.9 -0 .4 2.3 2 .4 5.4 -3 .9 4 .6 3. 1 1.2 -0 .6 9.0 10.5 17.4 8 .5 4. 8 8 .2 14.8 6 .0 8 .6 12. 1 1 9 8 2 -Q 1 -. . | -Q 2 ...I -Q 3 ... | -Q 4 ...I 1 1983-Q 1__ | 793. 759. 735. 716. 1323. 1274. 1251. 1200. 401. 376. 369. 354. | | | | -6 .0 -4 .2 -3 .2 -2 .5 -4 .3 -3 .7 -1 .8 -4 .0 -0 .3 -6 .4 -1 .9 -4 .0 -1 .6 -6 .9 -1 3 .3 -1 5.1 -0 .8 -1 3 .2 -9 .0 -1 2. 1 704. 1179. 349. | -1 .7 -1 .8 -1 .4 -1 1 .2 -1 0 .9 -1 3. 1 ____________ L -6.7 -13. 1 6.6 14.9 8 .5 3.4 -6. 1 52 Q0ABT3RLY SOHWBI OF AGRICULTURAL CREDIT CONDITIONS, ELEVENTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF DALLAS TABLE 3 4 4 ,1Q C0RREBT FARM NON-REAL-ESTATE LBHDING EXPERIENCE, COMPARED BIT H USUAL CONDITIONS PERCENTAGE OF BANKS REPORTING DEMAND FOR LOANS I DATE OF SURVEY FUND AV A I L A B IL I TY LOAN REPAYMENT RATE LOVER SAME HIGHER LOBER SAME HIGHER LOBER SAME . . 50. 58. 30. 21 . 1211. 50. 59. 38. 30. 37. 25. 57. 64. 31. 28. 40. 47. 7. 7. 7. 7. 53 . 5554 . 46. 58. 58. 68 62. 36. 36. 25. 24. 28. 21. 15. 28- Q1. 14. 7. 5. 3. 5153. 4 3. 42. 35. 40. 52. 55. 15. S I54. 63 . 63. 34. 34. 22 . 18. 45. 5247 . 46 . 47. 4248. 48. 20 17. 28 . 38. 65 . 6557. 48. 11. 12 14. 43. 46. 54. 52- 49. 43. 34. 34. 40 . 38 . 3 7. 35. 2 3. 46. 3 8. 23. 52. 3 9. 46. 5 5. 25. 14. 16. 22 . 1981— Q! I - 02 . ------ 1 -0 3, ------i —Q4 39 . 40 . ft 7. 51. 45. 46. 40. 30. 1982Q1. -Q2 -03 . . . 1 -Q 4, 31 . 44. 38. 41 . 43 . 38. 36. 32. 1 98 3-Q 1 ...J 3 0. 44. I 1975- JQ3 -Q 4 . . . l I 1976- • IQ1. - 02 . -Q 3 . -Q 4. 1 97 7-Q 2 . 'Q 3-Q 4. 1978” 20 21 16. 17. 6. - - - IQ1 02 . - . I 6. 4. 6. -Q 3 -Q4, 1979- . . - - - I Q1 8 -02. -Q3. —P4. 1980- Q1. - 02.- - I -0 3. -Q 4 . SENEBALS OR EXTENSIONS COLLATERAL REQUIRED LOBER SAME HIGHER LOBER SAME HIGHER 6. 12. 6. 15. 48. 50. 47. 35. 0. 1. 54. 61. 46. 38. 65. 73. 78. 69. 7. 6. 7. 4. 11. 7. 6. 5. 55. 66. 74. 69 . 34. 27. 20 . 26. 1. 0. 1. 0. 63. 68. 71. 68. 37. 32. 28. 32. 28. 26. 31. 38. 66. 67. 66. 59. 5. 7. 3. 3. 8. 5. 4. 4. 59. 596 5. 52. 33. 35. 31. 44. 1. 0. 1. 1. 74. 70. 62. 68. 25. 30. 38. 32. 1517. 14. 14. 49. 36. 25. 29. 49. 61. 72. 61. 3. 4. 4. 9. 4. 4. 7. IQ - 44 . 55. 62 . 60. 52. 41. 31. 30. 0. 1. 0. 1. 62. 59. 63. 59. 38. 4037. 41. 46. 50. 51. 50. 13. 12 11. 15. 28. 19. 18. 14. 61. 69. 66. 66. 11. 12, 16. 20. 14. 14. 13. 21. 57. 60 . 66 . 6 4. 29. 27. 20. 15. 1. 1. 0. 0. 64. 56. 63. 58. 35. 43. 37. 42. 20 35 . 16. 11. 63. 53. 58 . 57. 17. 13. 26. 33. 16. 28. 27. 39. 6 8. 64. 69 . 56. 16. 9. 4. 5. 20. 13. 8. 7. 60. 60 . 6 3. 56. 21. 28. 29. 37. 1. 2. 1. 1. 63. 36. 62. 62. 36. 62. 37. 37. 16, 14. 13. 19. 14. 9. 11. 11- 57. 55. 58. 55. 29. 35. 31. 34. 45. 40. 42. 38. 51. 57. 56. 59. 4. 3. 2. 4. 7. 3. 4. 5. 48. 54. 55. 55. 45. 43. 40. 40. 1. 1. 1. 1. 59. 59. 59. 57. 40. 40. 41. 43. 26. 10 10 13. 59. 54. 51. 50. 31. 36. 3635. 53. 62. 69 . 65. 44. 34 . 28. 33. 3. 3. 3. 2- 4. 3. 2. 3. 39. 35. 28 . 30 . 58. 62. 70. 67. 1. 2. 1. 1. 52. 44. 36. 36. 47. 54. 63. 64. 64. 31. 5. 4. 29 . 67. 1. 38. 61. 1fc„ 12 . 15. 19. . . . . 1* . 26. 27. 16. . . HIGHER QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, ELEVENTH FBDERAL RESERVE D I S T R I C T — FEDERAL RESERVE BANK OF DALLAS TABLE 344.2Q FARM NON-REAL-ESTATE LOAN VOLUME EXPECTED DURING THE CURRENT QUARTER, COMPARED BIT H VOLUME OF LOANS MADE A YEAR EARLIER PERCENTAGE OF BANKS REPORTING DATE OF SURVEY TOTAL FBBDBR CATTLE DAIRY LOBER SAME HIGHER LOBER SAME HIGHBR LOBER SAME lHIGHER CROP STORAGE LOBER SAME iHIGHER FARM MACHINERY OPERATING LOBER SAME HIGHER LOBER SAME HIGHER 1975- Q3. -04- 26. 2 3. 41 . 55. 33. 2 3. 54. 38. 30. 42. 16. 20. 34. 31. 59. 64 . 6. 5. 15. 16. 55. 62. 30. 22. 13. 15. 3649. 52. 36. 29. 15. 42. 50. 30. 36. 1976- 13. 11. 7. 14. S I52. S I44. 36. 37. 41. 42. 28. 3027. 41. 45. 55. 5546. 27 . 15. 17. 13. 21. 18. 21. 17. 71 . 76. 72. 75. 8. 6. 8. 8. 17. 11. 14. 13. 57. 75. 59. 58. 26. 15. 26. 29. 7. 7. 7. 10. 43. 46. 45. 43. 50. 47. 48. 47. 10. 16. 14. 16. 57. 50. 52. 49. 33. 34. 35. 36. 11. 7. 6. 11. 50. 47. 50 . 46 . 39. 46. 44. 43. 27. 24. 23. 18. 57. 6 2. 59. 59. 15. 14. 18. 23. 14. 12. 15. 18. 81. 82. 73. 75 . 5. 7. 13. 7. 9. 12. 11. 15. 61. 67. 56. 54. 30. 22. 33. 31. 8. 5. 3. 11. 44. 38. 40. 42. 48. 57. 56. 47. 15. 14. 15. 30. 50. 48. 47. 43. 35. 38. 38. 27. 1978- Q1 - - - I ...| - 02 . I -03. —Q4 9. 11. 6. 14. 44. 47. 50 . 43. 47. 42. 44. 43. 13. 18. 11. 16. 60. 46. 56. 45. 27. 36. 32. 39 . 15. 14. 15. 18. 77 . 72. 72. 73. 8. 14. 14. 9. 10. 11. 13. 12. 57. 61. 57. 60. 33. 28. 3028 . 6. 10. 5. 11. 44. 36. 44. 46. 49. 54. 51. 43. 31. 28. 23. 20. 45. 48. 4J7. 51. 24. 24. 30, 29. 1979- 15. 18. 23. 20. 45. 48. 52 . 53. 40. 34. 25. 27. 18. 22. 29. 19. 47. 51. 55. 60 . 35. 27. 16. 21 . 12. 19. 17. 16. 78. 73 . 71. 72. 10. 8. 12. 12. 18. 11. 21. 13. 61. 77. 70. 66. 21. 13. 9. 21. 10. 14. 19. 11. 40. 41. 44. 51. 50. 45. 36. 39. 22. 18. 14. 19. 51. 48. 54. 45. 27. 33. 33. 36. 24 . 53 . 29. 19. 50. 36. 51. 56. 26. 11. 20. 25. 3 3. 67. 3 5. 31. 51. 33. 56. 58. 16. 1. 9. 11. 21. 46. 24. 19. 68. 47 . 67. 67. 11. 7. 10. 14. 22. 41. 22 . 21. 65. 52. 67 . 63. 13. 7. 11. 15. 21. 34. 13. 11. 39 . 40. 52. 47. 40. 26. 34. 42. 22. 52. 34. 27. 44. 35. 53. 56. 34. 13. 14. 18. 31. 27. 36. 39. 48. 52 . 42. 46. 21. 22. 22. 15. 43, 38 . 50. 46. 49. 58. 43. 46. 8. 4. 6. 7. 28. 19. 27. 31. 63 . 70. 60 . 66. 10. 11. 13. 3. 27. 27 . 25. 24. 59. 65. 57. 55. 14. 7. 18. 21. 21 . 17. 23. 28 . 45. 43. 44. 44. 34. 41. 33. 28. 41. 35. 40. 41. 42. 47. 45. 45. 17. 18. 15. 14. 26. 32. 28. 30 . 46. 46 . 48. 44. 28 . 22. 24. 26. 41. 40. 32 . 26. 49. 51. 52. 51. 10. 9. 16. 23. 23. 28. 28. 26. 68. 64. 62. 69 . 9. 8. 10. 5. 23. 29 . 22. 16. 54. 59. 51. 56. 23. 12. 27 . 28. 17. 25. 21 o 21. 39. 44. 36 . 45. 44. 31. 43. 34. 46. 55. 56. 53. 41. 39. 3 6. 39. 13. 6. 8. 8. 2 9. 45 . 26. 25. 55. 20. 21. 72. 7. 19. 61. 20. 23. 37. 40. 55. 33. 12. Q1. -Q2« -Q3. - - I -04. 1977- - Q1. 02. -Q 3 - . - I -Q4 - Q1 02. -Q 3 -•1 — Q4,. . . | 1980- Q1, -0 2 -0 3 - - - I -Q 4 1981- Q1. - I -0 2 -03. -Q 4 — - I 1982- Q1 -Q2. -0 3 -Q4...I I 1983- Q1...| 53 QUARTERLY SURVEY OF AGRICULTURAL CBEOIT CONDITIONS, ELEVENTH FEDERAL RESERVE DISTBICT— FEDERAL BESEBVE BANK OF DALLAS TABLE 3 4 4 .3Q AVERAGE LOAB/DEPOSIT RAT IO, AMD PEBCEBTAGE OF BAMKS BEPOBTIMG OTHEB COI D ITI OH S THAT REFLECT RELATIVE CREDIT A V A I L A B IL I T T RBFOSED OR | REDUCED A |ACTIVELY FARR LOAM |SEEKING REQUEST IN | MEM HIGHER PREVIOUS | FARM THAN QUARTER DUE| LOAM DESIRED TO SHORTAGE!ACCOUNTS MUHBER OF FARE LOAM REQUESTS REFERRED TO— LOAM/DBPOSIT RATIO I S — DATB OF SDBVEI AVERAGE LOAM/DBPOSIT RATIO (PERCENT) LOBES THAN DESIRED ABOOT RIGHT CORRESPONDENT BANKS, COHPARED BITH USUAL NUMBER LOSER SAME HIGHER NONBANK AGENCIES, COHPARED NITH USUAL NUMBER LONER SAHE HIGHER og-gaiIL§__l 19 7 5 - Q 3 . . - | -0 4 ..-! 58. 55- 1 976-Q 1...| - 0 2 . . -| -Q 3 ...| -Q 4 ...J 54. 55. 58. 60. 1 97 7-Q 1...| -0 3 ...| ~QU------l 57. 5862 . 63 . 1978-Q1___ | -0 2 ...| -Q 3 -..I -0 4 ...1 60. 59. 6 2. 63. 1 9 7 9 -Q 1 ...! - Q 2 ___ | -0 3 ...| —Q 4 . . . | 60. 60. 62. 63. 198 0-Q l...| -Q 2 ...J -0 3 ...| -Q 4 .. . | 59. 58. 60. 59. 1 98 1- Q1 .. . [ -Q 2 ...J -0 3 ... | -Q «...1 57. 56. 57. 58. 19 8 2 - Q 1 - ! -0 2 ...! - Q 3 ------1 -Q 4 ...J 57. 55. 59. 59. 1983—Q1___ 1 58. i | f ! ! ] I 1 | ) I I 1 i | 1 I 1 | 1 ! 1 1 j 1 I ! 1 | ] i | ! i 1 ) | 1 1 11. 12. 40. 44. { | 27. 23. 61. 60. 13. 12. J 1 17. 14. 59. 65. 22. 20. 8. 7. 7. 13. 49. 51. 50 . 45. | | | | 22 . 20. 16. 19. 66. 69. 72. 63. 13. 11. 11. 18. | | I | 19. 16. 13. 17. 63. 71. 80. 74. 18. 13, 7. 9. 10. 10. 15. 9. 50. 49. 44. 39. | | | { 16. 18. 17. 12. 70. 7266. 68. 14. 10. 17. 20. | | J | 12. 13. 14. 7. 73. 65. 65. 64. 15. 22. 21. 29. 9. 15. 14. 22. 36. 36. 32. 32. | | | | 10. 10. 7. 8. 74. 73. 73. 68. 15. 17. 20. 24. I 1 ] | 8. 8. 8. 5. 61. 64. 63. 60. 31. 28. 29. 35. 23. 22. 24. 18. 28 . 30. 13. 35. | | | | 15. 914. 13. 69. 75. 69. 71. 17. 16. 17. 16. i | 1 | 6. 7. 7. 13. 55. 63. 67. 67. 38. 30. 26. 20. 14. 21. 18. 9. 37 . 20. 36. 41. | | | 1 18. 20. 14. 14. 74. 69. 78. 78. 8. 12. 8. 8. i | | J 14. 9. 9. 11. 63. 58. 68. 68. 23. 33. 23, 21. 7. 6. 6. 7. 39. 44. 44. 41. | | | | 14. 12. 11. 16. 76. 79. 80. 78. 10. 9. 9. 6. | | i 1 8. 7. 910. 65. 66. 71. 72. 27. 27. 20. 18. 17. 10. 37. 36. ! | i | 1 j | | J 1 | | i | 1 | i I | 7. 6. 6. 8. 37. 38. 36. 34. | 1 | 1 15. 11. 23. 12. 74. 78. 64. 76. 10. 11. 13. 12. J | 1 | 10. 7. 11. 12. 69. 66. 61. 69. 21. 26. 28. 19. 45. I 4. 44. | 12. 80. 8. | 8. 64. 28, 25. 29. 55. 55. 20. 16. 37. 37. 26. 24. 46. 4856. 50. 1715. 19. 26. 25. 31. 22 . 21. 59. 5353. 52. 16. 1726. 28. 21. 25. 21. 15. 56. 51. 47. 54. 23. 24. 31. 31. 22. 20. 19. 15- 52. 55. 55. 61. 26. 25. 26. 24. 23. 1730. 30. 63 . 63. 57. 55- 14. 19. 13. 15. 31. 38. 40. 42. 54. 49. 46. 42. 15. 12. 14. 15. 36. 46. 13. 16. 47. 43. 50. 48. 13- 43. | | I | | | | | | | | 1 1 | | | QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, ELEVENTH FEDERAL RESERVE D IS T R I C T — FEDERAL RESERVE BANK OF DALLAS TABLE 3 4 4 . 4Q HOST COHHON INTEREST RATES CHARGED OH FARH LOANS (AVERAGE, PERCENT) 1 | | 1 1 197 5-Q3. . . | -Q 4 .. . | DATE OF SURVEY FEEDER CATTLE LOANS OTHER OPERATING LOANS IHT ERHEDIATE-TERH (1 TO 7 YEARS) LOANS LONG-TBRH REAL ESTATE LOANS 9.47 9 .60 9.39 9.41 9 .3 6 9 .44 9 .2 6 9 .3 2 1976-Q1___ | -Q 2 ...J -Q 3 ...I -Q 4 ..-I 9 .46 9 .34 9 .33 9 .33 9.42 9.33 9 .2 9 9.31 9. 42 9 .4 0 9 .40 9.41 9 .3 6 9 .3 5 9 .3 6 9 .3 5 1 977-Q 1...| ~Q2------| -Q 3 ...| -Q 4 ...| ! 1 97 8-Q 1...| -Q 2 ...| -Q 3 ...I -Q 4 ...I i 1979-Q 1... | -Q 2 ..-I -Q 3 ...| -Q 4 ...I 9 .27 9 .3 0 9 .2 8 9 .3 0 9 .2 8 9 .2 5 9 .24 9.26 9 .3 7 9 .3 7 9 .40 9 .43 9.31 9 .3 2 9 .3 3 9 .3 9 9.39 9.43 9 .5 3 9 .7 5 9.37 9.42 9 .50 9.74 9 .4 6 9 .52 9 .5 8 9.79 9 .4 4 9. 48 9 .5 6 9 .7 7 10. 10 10.25 10.35 11.42 10.07 10 .25 10-34 11.33 10.08 10.24 10.35 11.31 9. 99 10.12 10.19 10.91 1 9 8 0 -Q l...| -Q 2 ..-1 -Q 3 ...I -Q 4 ... | 13. 12 16. 18 13.24 13.33 13.02 15.79 13.21 13.30 12.92 15.76 13. 17 13.35 11.92 15. 14 12-83 12.96 1981-Q 1... | -Q 2 ...I -Q 3 ...I -Q 4 ...| 1 1 98 2-Q 1...| -Q 2 .. . | -Q 3 ...| -Q 4 . . . | 18-59 17.56 19. 16 19.67 18.38 17.36 19.02 19.37 17.87 17.01 18.87 19.23 17.09 16.19 18. 10 18.84 17.28 17. 63 17.54 15.56 17.55 17.44 17.56 15.67 17.28 17.49 17.71 15-91 17.56 17.58 17.49 15.92 1983-Q 1...| 14. 12 14.13 14.47 14.65 54 QUABTBBLI SUBVBY OF AGRICULTURAL CREDIT COBDITIORS, ELRVBHTH FEDERAL BBSBBFB DISTRICT— FEDERAL RBSEB7E BABB OF DALLAS TABLE 344.5Q TBBBDS I B FABH REAL BSTATB VALUES ABD LOAB VOLUHE MARKET VALUE OF GOOD FARHLAVD DATE OF SUBVBY 1 | 1 f9 7 5 -Q 3 ... | -Q 4 ... J 1 PERCEVTAGE CHABGE | DOLLARS PER ACRE | FROH PREVIOUS | QUARTER | ________________________ 1 DRY- IRE I - B l i C H - | DRYI R B I - RAHCH-I LABD -GA1S&... . It A lB -L LABD 1 1 ***** ***** ***** | ***** ***** ***** i ***** ***** ***** j ***** ***** ***** j PERCESTAGE CHABGE 5PERCBBTAGB OF BARKS EIPE CT IRG FROH PREVIOUS | TREED DUBIBG THE CURREHT YBAR | QUARTER TO BE— DRYLABD ***** ***** I R R I RARCH- J GATED LABD 1 1 ***** ***** | ***** ***** j 1 ***** ***** | ***** ***** j ***** ***** | ***** ***** | 1 ***** ***** | ***** ***** j 10.7 1 0.6 1 4.5 3 .9 | 1 2.8 «-5 | 6 .0 6.3 | 8.2 1 3.5 | 10.9 15 .9 | STABLE OP LOBER SAHB HIGHER 4. 3. 87. 78. 9. 19. 31. 22. 57. 67. 12. 11. 3. 3. 1. 3. 81. 80. 76. 76. 16. 17. 23. 21. 16. 16. 18. 16. 72. 72. 68 . 67. 12. 12. 13. 17. 5. 4. 7. 13. 76. 69. 73. 71. 19. 27 . 20. 16. 18. 17. 13. 23. 66. 66 . 66. 62 . 16. 17. 21. 16. 11. 2„ 1. 2. 76. 70. 77. 72. 13. 28. 2 1. 2 6. 18. 17. 14. 24. 64 . 67. 63 . 65. 19. 16. 23. 12. | | | | 3. 2. 3. 2. 71. 68. 70. 62. 27. 29 . 27. 36. 25. 28. 27. 26. 61. 61. 61. 56. 13. 11. 12. 18. 3. 12. 8. 3. 70. 75. 79. 74. 2 7. 13. 13. 23 . 41. 69. 45. 26. 51. 29 . 51. 66. 8. 2. 4. 8. 7. 4. 4. 10. 70. 7 5. 75. 76. 24. 21 . 2 1. 14. 43. 36. 43. 45. 51 . 56. 51. 52. 5. 8. 5. 3. 13. 21. *** • •* 77. 72. *** *** 10. 7. •** *** 40. 49. 54. 49. 54. 48. 41. 43. 6. 3. 5. 8. *** **• •** 50. 42. 8. 1978—Q 1 . . . -Q 2 ... -Q 3 ... ~ Q 4 --- | ***** ***** ***** j ***** ***** ***** | ***** | ***** ***** ***** | ***** ***** ***** | ***** ***** | 397. 274. | 652. 2.8 284 . | - 2 . 5 3 . 6 | ***** $ 387. 670. 1 | 395. 685. 287 . | 2 .1 2.2 1.1 I ***** | 403. 685. 286. 1 2.0 .0 - . 3 | ***** 5.4 5.9 | 4.3 722. 30 3. | 2.7 | 414 . 700. -3 .0 | 415. 295. | .2 -2 .6 | 7.2 | 1 10.1 704. 4.8 .6 | 435. 300. | 1 -7 | 9 .4 | 441. 726. 30 4. 1 1.4 3. 1 1 -3 | | 449. 781. 3 44 . | 1.8 7 .6 1 3.2 | 8 .5 776. 342. | 7 .1 -.6 "-6 | 15.9 | 481 . 1 9 7 9-Q 1 ... -Q 2 . . . -Q 3 ... -Q 4 .. . | i * i 474. 519. 50 8. 539. 828. 928. 866. 833. 369. j 370 . | 39 4. | 422. | -1 .5 9.5 -2 .1 6 .1 6.7 12.1 -6 .7 -3 .8 7 .9 | 2 .4 » 4 .2 j 7.1 | 9.0 17.7 13.1 12.1 17.6 2 7 .8 10.9 7 .3 23.0 24.3 14 .5 2 3 .4 1 98 0-Q 1 ... -Q 2 ... -Q 3 ... -Q 4 ... | | | | 545. 573. 576. 551. 921. 964. 988. 970. 39 9. 409. 419.. 407. | | | | 1.1 5 .1 .5 -4 .3 10.6 3 .6 3 .6 -1 .8 15.0 10.4 13.4 2 .2 11.2 2.8 14.1 16.4 8. 1 8.2 6 .3 -3 .6 1 9 8 1-Q 1 ... - Q 2 ------0 3 ... -Q 4 -. . | i ) | 597. 646. 643 . 630. 1064. 1057. 1076. 1059. 405. ( 460. | 485. | 473. | 8.3 8.2 -.5 -2 .0 9 .7 -.7 1.8 -1 .6 -5 .5 \ 2.5 | 2.4 1 -2 .9 J 1 --5 | 1 3.6 | 5.4 | -2 .5 | 9 -5 12.7 11.6 14.3 15.5 10.8 8 .9 9 .2 | i | | 1 us 1 1 2.5 | 15.8 | 16.2 | 1 9 8 2-Q 1 ... -Q 2 ... —Q 3 . . . “ Q 4 ... i | | I 661. 680. 718. 725- 1097. 1057. 1130. 1028. 493. ! 552. | 536. | 544. | 4 .9 2 .9 5.6 1.0 3 .6 -3 .6 6 .9 -9 .0 4 .2 1 2.0 -2 .9 1 -5 1 | | | 10.7 5.3 11.7 15.1 3 .1 .0 5 .0 -2 .9 2 1 .7 2 0 .0 10.5 15.0 1983-Q1___ | 754. 1018. 520. 4.0 -1 .0 -4 .4 | 14.1 -7 .2 1 9 7 6-Q 1 ... -Q 2 ... -Q 3 ... ~ Q 4 ... 1 97 7-Q 1 ... -Q 2 ... -Q 3 ... -Q 4 ... | 1 ______ L D08R PERCBBTAGB OF BARKS EXPECTIRG FABH REAL ESTATE LOAB VOLUHE DURIHG THE CURRERT QUARTER, AS COHPARED BIT H VOLUHE HADE A YEAR EARLIER, TO BE— | | | | 1 5 .5 | _________ L _ SIBCE 1980, DATA OB FABH BBAL BSTATB 7ALOES PBODUCBD BT T H IS S0B7EI HATB BBBB AFFBCTBD BT OBOSOAL VA R I A B I L IT Y I B SURVEY RBSPQBSE, ABD CAUTIOB I B THBIB USE I S ADVISED. AS OF THE I9 82-Q3 SURVEY, THE BEP01TIBG PAVEL BAS BEVISBD TO IHPBOVB SUBVBY RBSPOBSE ABD R E L I A B I L I T Y , BUT T B I S CHABGE ALSO ADVERSELY AFFBCTBD COHPARABILITY BIT H EARLIER DATA. THE FOLL OVIIG PERCBBTAGB CHARGES I B FABH REAL ESTATE VALUES ARE OBTAIHED BY USIHG, IB THE QUARTER S P E C IF IE D , ORLY DATA PROH BABBS THAT RESPOBDED TO BACH OF THREE SURVEYS— THOSE HADE I B THE SP EC IF IE D QUARTER, THE PRECEDIBG QUARTER, ABD A YEAR EARLIER: i PERCBBTAGB CHABGE | PERCEHTAGE CHABGE FROH PREVIOUS I FROH PREVIOUS | YEAR 1 QUARTER | 1 1 | DRY- I R R I — RAHCH-I DRY- I R R I RABCB1 LABD GATED LABD 1 LABD GATED . LABD 1 -1 .6 | -1 .1 1.0 - 1 . 9 3 .1 1 9 8 2 - Q 3 . . . | — 1- 8 .4 -5 .0 -4 .6 8. 1 -Q 4 ... | 1.3 2 .1 | DATE OF SURVEY 1983-Q 1... | -4 .7 -.2 -1 0 .5 | J _____________ ________l -4 .8 -8 .1 -4 .3 55 QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS* FIFTH FEDERAL RESERVE DISTRICT— FEDERAL RESERVE BANK OF RICHHOND TABLE 3 4 5 .1Q CURRENT FARH NON-REAL-ESTATE LENDING EXPERIENCE, COMPARED WITH USUAL CONDITIONS PERCENTAGE OF BANKS REPOSTING DEHAND FOR LOANS I DATS OF | SURVEY | LONER SAME HIGHER _____________ L_ 1 1975-Q4___ | 28. 21. 51. FUND A V A IL A B IL IT Y LOAN REPAYHENT RATE LONER SAME HIGHER LONER SAHE HIGHER RENENALS OR EXTENSIONS LONER SAHE HIGHER COLLATERAL lREQUIRED LONER SAHE HIGHER 10. 46. 44. 31- 62 . 8. 5. r* VO 28. 0. 77. 23. 1976-Q 1... | -Q 2 ...J —Q 3 ... | ~Q4------l I 1 97 7-Q 1...| -Q 2 ...I -Q 3 ...I -Q 4 .- - | 12. 6. 0. 11- 68. 71. 74. 74. 21. 23. 26. 14. 6. 6. 3. 3. 44. 43. 63. 68. 50. 51. 34. 29. 21. 20. 0. 11. 71. 77. 97. 86. 9. 3. 3. 3. 3. 0. 11. 9. 7 1. 80. 86. 83. 27. 20. 3. 9. 0. 0. 00. 76. 80. 83. 80. 24. 20. 17. 20. 0. 6. 6. 12- 85. 60. 58. 62. 15. 34. 36. 27. 3. 0. 6. 9. 50. 63. 72. 71 . 47. 37. 22. 21. 24. 6. 11. 24. 77. 91. 89. 74. 0. 3. 0. 3. 12. 6. 0. 3. 59. 83 . 86. 67 . 29. 11. 14. 30- 0. 03. 0. 79. 79. 81. 85. 21. 21. 17. 15- 1978-Q 1...J -Q 2 ...I -Q 3 ...J 7. 21. 19. 10. 60,. 36. 69 . 61. 33. 42. 13. 29. IQ27. 36. 32. 7367. 58. 65. 17. 6. 7. 3. 57. 30. 13. 10. 37. 70. 84. 81. 7. 0. 3. 10. 3. 3. 3. 16. 33. 61. 81 . 6 8. 63. 36. 16. 16. 0. 0. 3. 0. 77. 73. 78. 84. 21. 27. 19. 16. 1 97 9-Q 1...| -Q 2 ...| -Q 3 ...J —Q 4 . . . | 13. 9. 7. 16. 63. 6 5. 68. 58. 25. 27. 26. 26. 31. 27 . 36. 26. 66. 74. 65. 74. 3. 0. 0. 0. 6. 6. 7. 10. 78. 85. 87. 87. 16. 9. 7. 3. 16. 12. 0. 3. 75. 85. 90. 84. 9. 3. 10. 13. J. 0. 0. 0. 75. 76. 71. 74. 25. 24. 29o 26, 19 8 0 - Q 1 . . . | -Q 2 ...I -Q 3 ...I —Q 4 . . . | 2143. 46. 44. 57. 37. 37. 38. 21. 20. 17. 18. 21 . 34. 14. 15. 71. 66. 66. 59. 7. 0. 20. 27. 29. 37. 29. 47. 68. 60. 69. 53. 4. 3. 30. 0. 3. 3. 3. 57. 54. 63 . 53. 43. 43. 34. 44. 0. 0. 0. 3. 69. 43. 77. 65. 31. 57. 23. 32. 1981-Q 1...J -Q 2 ...J -Q 3 ...J -Q 4 ...| 56. 47. 58. 48. 27. 3 3. 30. 48 . 18. 20. 12. 3. 12. 3. 6. 0. 65. 63 . 55. 58. 24. 33. 39. 42. 50. 37. 33. 26. 47. 63. 64. 65. 3. 0. 3. 10. 6. 0. 3. 10. 35. 57. 64. 61. 59. 43. 33. 29. 0. 0. 0. 0. 77. 69. 73. 61. 24. 31. 27. 39. 1982-Q 1... ] -Q 2 ...I - Q 3 ------| -Q 4 ...| 1 1 98 3-Q 1...| _____________ L_ 39. 46 . 47 . 48. 42. 46. 44. 45. 18. 9. 9. 7. 6. 3. 3. 0. 59. 60. 56. 48. 35. 37. 41. 52- 35. 46. 35. 35. 65. 54. 65. 62. 0. 0. 0. 3. 0. 0. 3. 3. 62 . 54. 65. 59. 38. 46. 32. 38. 0. 0. 6. 0. 50. 40. 38. 62. 50. 60. 56. 38. 40. 49 . 11. 0. 40. 60. 34. 63. 3. 0. 57. 43. 0. 57. 43. QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS, F IF T H FEDERAL RESERVE D IS T R I C T — FEDERAL RESERVE BANK OF RICHHOND TABLE 3 4 5 . 2Q FARH NON-REAL-BSTATE LOAN VOLUHE EXPECTED DURING THE CURRENT QUARTER, COHPARED WITH VOLUME OF LOANS HAD! A YEAR EARLIER PERCENTAGE OF BANKS REPORTING DATE OF SURVEY TOTAL FEEDER CATTLE DAIRY CROP STORAGE OPERATING LONER SAHE HIGHER LONER SAHE HIGHER LONER SAHE HIGHER LONER SAHE HIGHER LONER SAHE HIGHER 1 9 7 5 -Q 4 .. . | 13. 58. 29. 1976-Q1 ------1 6. 0. 6. 3. 61 . 67. 66. 77. 33. 33. 29. 20. 3. 0. 6. 6. 73. 69. 56. *4. 24. 31. 39. 30. 19 78 -Q1___ | —Q 2 . . . | -Q 3 ..-I -Q 4 ...I 7. 16. 19. 17. 62. 50. 59. 72- 31. 34. 22. 10. 1979—Q 1 . . . | -Q 2 ...| -Q 3 ...I -Q 4 ...J 16. 6. 17. 23- 55. 58. 62. 57. 29. 3621. 20. 1980-Q 1...| -Q 2 ...| -Q 3 ...I -Q 4. . . | I 1981-Q1___ | -Q 2 ..-I -Q 3 ..-I -Q 4 ...I I 19 82 -Q 1 - - - | - Q2. . . | - Q 3 ------| -Q 4 ...| 21 . 50. 3332. 54. 32. 52. 45- 2518. 15. 23. 37. 33. 36. 31. 43. 41. 43. 55. 20. 26. 21. 14. 20. 27. 33. 46. 63. 59. 58. 39. 17. 15. 9. 14. 1983-Q 1...| 31. 51. 17. - Q 3 ------J -Q 4 ..-I 1 1977-Q 1... J -Q 2 ...J -Q 3 ...I -Q 4 . . . | 1 a 1 l 1 l 1 l 1 l i 1 1 l 1 1 1 1 i l 1 1 1 l 1 1 1 l l l l l ! 1 1 1 1 ! ! 39. 52. 9. 37. 14. 19. 26. 56. 61. 68. 68. 7. 25. 13. 7. 19. 7. 28. 14. 78. 87. 66. 64. 4. 7. 7. 21. 15. 10. 21. 7. 74. 80. 71. 71. 11. 10. 7. 21. 15. 11. 27. 19. 70. 71. 69. 82. 15. 18. 4. 0. 26. 59. 42. 31. 70. 41. 58. 55. 4. 0. 0. 14. 41. 36. 50. 36. 50. 52. 50. 64. 9. 12. 0. 0. 23. 23. 31. 27. 67. 67. 62. 62. 10. 10. 7. 12. 33. 60. 7. 1 1 1 1 1 l 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 l 1 i 1 1 I 1 1 1 1 1 1 1 1 12. 76. 12. 25. 10. 16. 12- 57. 66. 66 . 73. 18. 24. 19. 15. 11. 10. 23. 17. 79. 81. 70. 72. 11. 10. 7. 10. 11. 17. 21. 10. 85. 80. 79. 90. 4. 3. 0. 0. 17. 19. 22. 25. 72. 75. 74. 68. 10. 6. 4. 7. 26. 43. 31. 45. 74. 57 . 66. 41. 0. 0. 3. 14. 31. 32. 40. 24. 66. 61. 57. 72. 3. 7. 3. 3. 22. 32. 3232. 66. 55. 58. 61. 13. 13. 10. 7. 32. 53. 15. f I I I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 14. 58. 28. 23. 19. 16. 7. 55. 69. 68. 61. 23. 13. 16. 32. 10. 9. 15. 19. 73. 82. 55. 41. 17. 9. 30. 41. 14. 28 . 13. 10. 57. 69. 67. 53. 29. 3. 20. 37. 23. 30. 14. 28. 65. 58. 62. 48. 13. 12. 24. 24. 26. 53. 32. 44. 5638. 50. 31. 19. 9. 18. 25. 41. 38. 38. 31. 44. 55. 53. 55. 15. 7. 9. 14. 31. 35. 28. 33. 50. 56. 53. 48. 19. 9. 19. 19. 30. 49. 21. 1 1 1 1 1 1 I ! 1 f i 1 1 1 1 I 1 1 I 1 1 1 1 1 1 I 1 1 1 ! 1 1 1 I 1 1 1 1 FARM MACHINERY 8. 59. 33. 3. 0. 3. 6. 47. 54. 66. 77. 50, 46. 31. 17. 3. 3. 8. 9. 56. 49. 36. 44. 41. 49. 56. 47. 13. 24. 16. 23. 37. 36. 44. 55. 50. 39. 41. 23. 19. 6. 19. 23. 47. 50. 48. 42. 34. 44. 32. 36. 11. 34. 17. 29. 46. 40. 49. 35. 43. 26. 34. 35. 29. 20. 21. 32. 35. 50. 55. 52. 35. 30. 24. 16. 29. 20. 18. 35. 38. 49. 67. 48. 32. 31. 15. 17. 23. 37. 40. LONER SAHE HIGHER I i 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 I 1 1 1 1 I I 1 1 1 1 1 i 1 1 1 1 1 1 18. 49. 33. 21. 11. 17. 9. 41. 49. 60. 69. 38. 40. 23. 23. 6. 3. 17. 24. 68. 57. 47. 59. 27. 40. 36. 18. 30. 30. 31. 23. 53. 46. 38. 48. 17. 24. 31. 29. 16. 12. 26. 19. 56. 65. 48. 71. 28. 24. 26. 10. 32. 69. 57. 56. 54. 31. 34. 29. 14. 0. 9. 15. 56. 47. 55. 55. 27. 43. 39. 32. 18. 10. 6. 13. 53. 46. 53. 52. 35. 46. 38. 41. 12. 9. 9. 7. 43. 37. 20. 56 QUARTERLY SOBVEY OF AGRICULTURAL CBEOIT CONDITIONS, FIFTH FEDERAL RESEBVE DISTRICT— FEDERAL RESERVE BANK OF RICHROHD TABLE 3 4 5 .3Q AVERAGE LOAH/DEPOSIT R AT IO , AMD PERCBMTAGE OF BANKS REPORTING OTHER CONDITIONS THAT REFLECT RELATIVE CREDIT AV A I LA B IL I TY RBFUSED OR ] | RUBBER OF FARH LOAN REQUESTS REFERRED TO— REDUCED A f A C T IV E L Y ! _________________________________________________________ FARB LOAM |SEEKING | CORRESPONDENT BANKS NONBANK AGENCIES REQUEST I N | MEN |___________________________ PREVIOUS | FARB | | COBPARED HITH | COBPARED HITH QUARTER DOE| LOAN |HONE| USUAL RUBBER NONE! USUAL RUBBER TO SHORTAGE!ACCOUNTS| | l_ - I g O g g B .S A H g .j j lG HBB I LOWER SABE HIGHER _1 _ -OF_P01LBS__ L I LOAN/DEPOSIT RATIO I S I | AVERAGE |LOAN/DEPOSIT | RAT IO LOIEB ABOUT HIGHER | (PER CENT) THAN RIGHT THAN DESIRED DESIRED I DATE OF SURVEY JL I 1975-Q4___ | 64. | 28. 62. 10. 1 976-Q 1...| 60. 61. 64. 62. 47. 40. 3 0. 34. 44. 54. 55. 57. 9. 6. 15. 9- 197 7 -Q 1 . . . | 62. 64. 66. 65. 1 | | 1 1 1 1 1 I ! 42. 34 . 27 . 3 6. 58. 49. 50. 49- 0. 17. 24. 15. 19 7 8 - Q 1 . . . | -Q 2 ...| ” Q 3.. . | -Q 4 ...| 66 . 65. 68. 67. | | ! 1 36. 25. 13. 20 . 43. 53. 47. 47 . 2 1. 22. 41. 33 . 197 9 -Q 1 « . • | - Q 2 ___ | -Q 3 ...1 -Q 4 ...! 65. 66. 68. 68. | 1 | ! 16. 15. 10. 10. 6 1. 6 2. 58. 73. 23. 24. 32. 17. 1 98 0-Q 1 ...! -Q 2 .. . | -Q 3 ...| -Q 4 ...I 66. 66. 67 . 65. 1 1 1 | 14. 2 1. 18. 30. 57. 50. 61 . 64. 29. 29. 21. 6. 1981-Q 1 ...J -Q 3 ...J -Q 4 ...| 63. 64. 64. 64. ! | | I 39. 38. 33 . 42. 55. 59. 52. 5 8. 6. 3. 15. 0. 198 2-Q 1 ...| -Q 2 ...J -Q 3 ...| —Q 4 . . . I 63. 64. 64. 62. | 1 1 ! 52. 39 . 45 . 50. 42. 58. 52. 46. 6. 3. 3. 4. 1983-Q1___ | 62. 1 54 . 46. 0. -Q 4 ...| | 1 1 | I 1 1 1 | | | 1 I | | | | | | ) ) ) | | i I | | | | 1 i | | 1 1 1 8. 63. *♦* *** *** *** *** *♦* *** 62. 71. 59. 65. 1 1 I 1 1 1 ♦** 3. 3. 3. 0. 76. 63. 70. 71. 0. 11. 0. 3. 21. 26. 27. 24. 3. 0. 3. 3. 38. 36. 47. 47. 6. 7. 0. 6. 47. 45. 50. 44. 9. 13. 3. 3. 0. 0. 0. 0. 71. 82. 72. 68. | 1 | 1 70. 65. 66. 72. 6. 3. 3. 3. 2 1. 32. 3 1. 25. 3. 0. 0. 0. 41. 44. 48. 53. 9. 3. 7. 6. 47. 44. 36. 25. 3. 9. 10. 16. 3. 3. 13. 13. 73. 64. 56. 60. 78. 71. 83. 71. 0. 3. 0. 0. 2 2. 26. 13. 29. 0. 0. 3. 0. 43. 33. 48. 52. 0. 0. 0. 0. 29. 33. 36. 36. 29. 33. 16. 13. 13. 6. 10. 7. 66. 68. 61. 61. 1 1 I I I 1 1 I ! 72. 74. 63. 76. 0. 0. 3. 0. 28. 233024. 0. 3. 3. 0. 39. 39. 45. 59. 0. 0. 0. 0. 48. 39. 41. 31. 13. 23. 14. 10. 7. 20. 9. 6. 64. 34. 63. 68. 78. 75. 79. 76. 0. 4. 6. 3. 22 . 14. 12. 14. 0. 7. 3. 7. 58. 47. 52. 55. 0. 0. 0. 0. 2*. 20. 26. 24. 19. 33. 23. 21. 3. 0. 3. 0. 71. 73. 70. 77. 76. 8275. 75. 10. 0. 0. 7. 10. 18. 25. 14. 3. 0. 0. 4. 52. 52. 48. 52. 3. 0. 0. 3. 13. 30. 31. 28. 32. 19. 21. 17. 0. 0. 0. 0. 71. 71. 56. 69. | I 1 | 1 1 I 1 1 1 I ! I 1 81. 79. 8 2. 77. 3. 0. 0. 0. 16. 18. 18. 23. 0. 3. 0. 0. 47. 59. 59. 56. 6. 0. 0. 0. 28. 29. 27. 37. 19. 12. 15. 7. 0. 69. | 8 3. 0. 14. 3. 52. 0. 38. 10. QUARTERLY SURVEY OF AGRICULTURAL CREDIT CONDITIONS* F IF T H FEDERAL RESERVE D IS T R I C T — FEDERAL RESERVE BARK OF RICHHOHD TABLE 3 4 5 . 4Q T YP ICA L IN TE RES T RATES CHARGED OH FARH LOANS (AVERAGE, PER CENT) 1 | | 1 1 1 9 7 5-Q 4 ...J DATE OF SURVEY FEEDER CATTLE LOANS OTHER OPERATING LOANS IN TE RHEDIATE-TERH (1 TO 7 YEARS) LOANS LONG-TERB REAL ESTATE LOANS 8 .9 8 8.98 9.53 9 .3 4 1976— Q1 . . . | -Q 2 ..-I - Q3 . . . | -Q 4 -..J 8 .8 9 8 .8 8 8.91 8 .7 7 8 .86 8 .9 0 8.81 8.75 9 .4 8 9 .29 9 .26 9. 20 9. 22 9 .2 6 9. 19 9 .31 1977— Q1 . . . | -Q 2 ...| -Q 3 - . . | -Q 4 ...I 8 .8 9 8 .7 8 8 .8 4 8 .7 0 8. 89 8 -7 3 8 .8 2 8.74 9 .29 9 . 17 9 .2 6 9 .2 8 9 .2 8 9 .30 9.35 9 .2 7 197 8-Q 1 ... | -Q 2 .. . | -Q 3 ..-I -Q 4 ...| 8 .9 4 8 .9 9 9 .2 8 9 .6 5 8 .9 8 9 .0 8 9 .3 7 9 .5 4 9.46 9 .44 9 .69 10.02 9.42 9 .4 9 9 .6 0 9 .8 0 197 9-Q 1 ...| -Q 2 ...J -Q 3 -.-I -Q 4 .. . | 10.28 10.90 11.37 12.05 10.37 10.74 10.97 12.08 10.52 11.17 11.28 12.27 10.26 10.94 11.38 11.94 19 8 0 -Q 1 . . . I - Q 2 ------ | - Q 3 ___ | -Q 4 ...I 1 1981-Q1___ | -Q 2 . . . | -Q 3 ...J -Q 4 ...J 12.97 16.55 13.38 13.84 13.02 16.37 13.38 13.74 13.15 16.85 13.60 14.16 13. 11 16.44 13.66 13.83 17. 16 16.94 17.89 18.66 17.23 16.78 17.78 18.52 16.87 16.74 17.41 18.40 16.18 15.97 16.91 18.24 198 2-Q 1 ...| -Q 2 ...I -Q 3 ...| -Q 4 .. . | 17.00 17. 16 16.99 15-55 16.97 17.02 16.99 15.78 17. 15 17.41 17.15 16.06 17.14 16-95 17 .19 16.42 1983-Q 1 ...J _____________ 1__ 14. 13 13.97 14.40 14.31 57 QOABTBBLT 50BV1Y OP AGBICOLTBBAL CBBDIT COBDITIOIS, PIPTB PEDEB1L BSSEBVB DIStBICT— PEDEBAL BBSBBTB BABB OP BICHBOBD TABLB 39S.5Q TBBIDS IB PABB BBAL ISTAT1 TILDES ABD LOAB VOLUBB BABBIT 1 1 | | 1 1 _____________ 1__ 1 1975-Q4. - . | DOLLAIS PBS ACBB 1976-Q1...| -02...| -03...! -Q9...| 892. 810. 851. 869. 8.9 -3.8 5. 1 2. 1 1977-Q1... | -02...| -03...I -0A..-I 906. 910. 937. 935. 1978-Q1...I -02.^.1 -03. -1| -QB...I OAT I OP 50BVBT PKBCBBTA6B CB ABCB PBOB PBSTZOOS— 0OABTBB PBBCB1YA68 OP BABBS BXPBCTIIS TBBBD DOBIBC TBB CVBBKBT QOABTBB TO BB PBBCBBTAGB OP BABBS BIPBCTIBC PABB BBAL ESTATE LOAB TOLOBB D01IIG TBB COBIBBT QOABTBB, AS COBPABBD IITB TOLOBB BADE A TBAB EABLIEB, TO BB— 7BAB DOB I STABLE OP LOWB1 SABB 5. 82. 13. 11. 76. 13. ***** ***** 11.8 3. 0. 0. 0. 79. 80. 86. 83. 18. 20. 19. 17. 16. 18. 6. 12. 68. 61. 76. 70. 16. 21. 18. 18. 9.3 0.9 2.9 -0. 1 7.6 12-3 10.1 7.6 0. 0. 6. 0. 82. 82. 83. 99. 18. 18. 11. 6. 9. 6. 6. 13. 75. 70. 67. 75. 16. 29. 27. 13. 1017. 1071. 1074. 1105. 8.7 5.3 0.3 2.9 12o3 17.7 19.7 18.1 3. 0. 0. 0. 87. 75. 7*. 10. 29. 25. 26. 17. 23. 28. 20. 70. 68. 63. 70. 13. 10. 9. 10. 1979-Q1... | -02...| -03...1 -0B...I 1079. 1165. 1192. 1222- 2.9 8.0 2.3 2.5 6. 1 8.8 11.0 10.6 0. 0. 0. 0. 66. 99. 65. 81. 39. 5236. 19. 35. 22. 18. 32. 59. 53. 57. 61. 7. 25. 25. 7. 1980-Q1... | -02...| -03...| -09.-.1 1231. 1270. 1318. 1353. 0.7 3.2 3.8 2.7 19.1 9.0 10.6 10.7 0. 31. 9. 3. 79. 63. 86. 82. 21. 6. 6. 15. 33. 65. 56. 99. 63. 35. 35. 39. 9. 0. 9. 12. 19B1-Q1...| -02...| -03.--1 -09— -1 1277. 1265. 1336. 1337. -5.6 -0.9 5.6 0.1 3.7 -0.9 1.9 -1.2 3. 3. 3. 3. 85. 80. 88. 99. 12. 17. 9. 3. 96. 32. 37. 96. 39. 57. 53. 50. 15. 11. 10. 4. 1M2-01...I -02.— ! -03...I -09...1 1273. 1289. 1262. 1193. -9.8 0.9 -1.7 -9.9 -0.3 1.5 -5.5 -19.5 15. 37. 18. 91. 82. 63. 82. 59. 3. 94. 41. 50. 57. 50. 59. 50. 93. 6. 0. 0. 0. 0. 0. 0. 19B3-Q1...| 1207. 5.6 -5.2 31. 69. 0. 44. 99. 12. 777. _____________ 1__ 76. _ HIGHEI EI5(125) ** ADDITION TO AGRICULTURAL FINANCE DATABOOK — QUARTERLY SERIES— MARCH 1983 58 Coverage and procedures of surveys in Section 340 Five Federal Reserve Banks conduct quarterly surveys of credit conditions it coaiercial banks that are involved in fare lending. Each of the surveys is eade as of the first day of January, April, July, and October. These dates correspond to lines 61 through 94, respectively, in the tables. Each of the Federal Reserve Banks issues a quarterly report on its survey results, available froa the Reserve Bank on request. Section 341, Seventh District, Chicago The Federal Reserve Bank of Chicago has conducted a quarterly landvalue and credit conditions survey for over 25 years. Over this tiae the survey has undergone several changes,and thus historical data for the current series are available for varying tiae periods. Before 1973, the survey covered only banks that Mere aeabers of the Federal Reserve Systea. Froa 1969 to 1972, for exaapie, the banks surveyed Mere aeaber banks at Mhich fare loans comprised 10 percent or eore of total loans as of 1968. That saaple nuabered about 550 banks— about 60 percent of all District aeaber banks. In January 1973, the survey Mas broadened to cover nonaeaber banks at Mhich fara loans coaprised 25 percent or aore of total loans as of June 1972 (except in Michigan, ahere the criterion Mas set at 10 percent). A total of 476 nonaeaber b>nk*; representing 20 percent of all nonaeaber banks in the District, responded to a request to participate in the survey. As of 1973, therefore, the total survey saaple (both aeaber and nonaeaber banks) rose to over 1,000 banks, or about 40 percent of all banks in the District. A typical response rate each quarter is about 75 percent. Section 342, Ninth District, Minneapolis The Federal Reserve Bank of Minneapolis initiated a quarterly agricultural credit conditions survey in 1964. The survey panel and questionaire have reaained highly coaparable over tiae, but aording of aany questions Mas altered in April 1981 as footnoted in the tables. Aaong the five Reserve Bank surveys, this survey provides exceptionally long and broad coverage of agricultural credit conditions, spanning several Monetary and fara incoae cycles. The survey panel uas chosen froa aaong bankers engaged in fara lending to provide a geographical and bank-size cross section of the banks in the District. The core of the panel consists of aeabers of the Upper Hidaest Agricultural Credit Council, an organization of agricultural representatives and lending officers of Ninth District banks. The initial survey in 1964 covered 75 bankers. Over tiae, the panel Mas enlarged; as of 1973, it covered 175 banks. The response rate, initially about 90 percent, has ranged betueen 60 and 70 percent in recent years. Section 343, Tenth District, Kansas City The Federal Reserve Bank of Kansas City iapleaented a quarterly agricultural credit conditions survey on January 1, 1976. An initial saaple of 196 banks vas selected priaarily froa aaong the 902 District banks at Mhich fara loans coaprised 50 p^: cent or aore of total loans. The saapling procedure resulted in representation of all geographic regions and faraing areas in the District. As of July 1977, the saaple consisted of IBB banks. Virtually all surveyed banks respond each quarter. FoilOM-up calls to respondents are aade to help assure a high response rate. Section 344, Eleventh District, Dallas The Federal Reserve Bank of Dallas initiated a quarterly survey of agricultural credit conditions on July 1, 1975. A saaple of 331 aeaber and nonaeaber banks Mas draMn, representing banks of all sizes throughout the District. As of January 1976, the survey covered 23 percent of all banks in the District, including 54 percent of the banks at Mhich fare loans coaprised one-fourth or aore of total loans. The response rate Mas about 70 percent. Starting in July 1982, the survey used a nee regionally-stratified saaple of 299 banks at Mhich fara loans are relatively iaportant or Mhich hold a aajor portion of bank fara loans in their region. The neu saaple included 108 banks not in the previous saaple, and the initial response rate aas 74 percent. Efforts are planned to achieve and Maintain response rates of at least 90 percent in all faraing regions. Section 345, Fifth District, Richmond The Federal Reserve Bank of Richaond began a quarterly survey of agricultural credit conditions on October 1, 1975. In selecting the saaple, the 773 banks in the District Mere stratified on the basis of outstanding dollar voluae of fara loans, and banks Nith the larger aaounts of fara loans Mere saapled aore heavily. A total of 64 banks Mere selected in this aanner, of Mhich 43 agreed to participate in the survey. Of the 18 banks at Mhich outstanding fara loans exceeded $10 Million (based on June 1974 data), 16 Mere included in the final saaple of 43 banks.