View original document

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

AGRICULTURAL
FINANCE
DATABOOK

n
September 1983

M o n t h l y Series

RESEARCH LIBRARY
ROOM 8 - C - 2 4 1 - E , STOP

FEDERAL

RESERVE

WASHINGTON,

Emanuel Melichar
Paul T. Balides




D.C.

10;

BOARD
20551

Division of Research and Statistics
Board of Governors of the Federal Reserve System
Washington, D C. 20551
Not for general distribution. Inquiries should be addressed to the authors.

AGRICULTURAL FINANCE D A T A B O O K — M O N T H L Y SERIES

SEPTEMBER 1983

SECTION
200

Farm lending operations and experience of nonbank institutions

300

Agricultural banking data.

PAGE
3
29

APPENDIX TABLES
Average interest rates on business and farm borrowings

32

Percentage changes in deposits and loans at agricultural banks

33




AGRICULTURAL F I N A N C E

200

EAIAEOCK—HtiNTHLY

FARM LENDING O P E R A T I O N S

210

PRODUCTION C R E D I T

211

SEB1E5

SEPTEMBER

1983

AND E X P E R I E N C E CF NONBANK I N S T I T U T I O N S

ASSOCIATIONS

(AGRICULTURAL LOANS,

EXCEPT AS NOTED)

LOANS OUTSTANDING

2 1 1. 16
211.211
212

ACTUAL
SEASONALLY

-

4
5

ADJUSTED

LOANS MADE AND NEW LOANS

212-1il
212.24
2 1 2 . 3D
213

ACTUAL
SEASONALLY ADJUSTED ANNUAL R A T E .
12-MONTH MOVING TOTAL

RENEWALS AND COLLECTIONS

2 1 3 . 1H
213.28
213.3*

220

NOTE BELCH)

ACTUAL
SEASONALLY ADJUSTED ANNUAL BATE
12-MONTH MOVING T O T A L .

FEDERAL LAND BANKS

221

(SEE

— .6
....7
. . . . . . 8

-

9
10
11

..

(AGRICULTURAL LOANS)

LOANS OUTSTANDING

221. 1M
221-28

222

ACTUAL
SEASONALLY ADJUSTED

ACTUAL...
SEASONALLY ADJUSTED ANNUAL B A T E . . .
12-MONTH MOVING TOTAL

REFINANCING

LIFE

231

— 11
— 15
16

17

18
19

AND REPAYMENTS

ACTUAL
SEASONALLY ADJUSTED ANNUAL BATE
12—MONTH MOVING T O T A L . . . . . . . . . .

20
,21
,22

INSURANCE COMPANIES

FARM MORTGAGES OUTSTANDING AND ACQUIRED

231.1M
231.28
231.3M
232

-

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

2 2 4 . 1M
224.2M
224.3M

230

-12
. . . . . . . . . . 1 3

LOANS CLOSED AND NEH MONEY LOANED

2 2 3 . 1M
223.2M
223.3M
224

-

LOANS CLOSED

222. 1M
222.2M
222.3M
223

-

ACTUAL.
SEASONALLY ADJUSTED
12-MONTH MOVING TOTAL

(MORTGAGES ACQUIRED ONLY)

,23
.24
,25

FARM MORTGAGE COMMITMENTS—OUTSTANDING AND NEH

232.18
232.2M
232.38

SOURCES:

ACTUAL
SEASONALLY ADJUSTED
12-MONTH MOVING TOTAL

(NEB COMMITMENTS ONLY)

26
,27
28

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

DATA I N T H I S S E C T I O N ARE OBTAINED FROM TIMELY MONTHLY REPORTS HHICB ARE NOT
R E V I S E D TO REFLECT ANY SUBSEQUENT CHANGES OB C O B B B C T I O H S .
I F OHLI I E A B - E 8 D
DATA ON OUTSTANDING LOAN VOLUME ARB R E Q U I R E D , USE THE S E R I E S I N S E C T I O N 1 0 0
OF THE i g g j C p L T U B A L FINANCE D A I A B O O K r ~ A J l j U i L _ S E B l E S .
FOR PRODUCTION C R E D I T A S S O C I A T I O N S , DATA ON LOANS OUTSTANDING AND LOANS MADE
DO NOT I N C L U D E RURAL HOME LOANS, FARM-RELATED B U S I N E S S L O A N S , OR AQUATIC
LOANS.
DATA ON COLLECTIONS AND BENEHALS DC INCLUDE THESE LOANS; HOWEVER,
THESE T Y P E S CF LCANS REPRESENTED ONLY 2 - 9 PERCENT OF TOTAL OUTSTANDING LOANS
AT PRODUCTION C R E D I T A S S O C I A T I O N S AS OF DECEMBER 1 9 8 1 .




TABLE 2 1 1 . 1 M

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

PERCENTAGE CHANGE
FROM PREVIOUS

MILLIONS OF DOLLARS

END OF
MONTH

END OF
MONTH

1| CHANGE FROM P R E V I O U S |
1
|I....
YEAR
1
|
MONTH

AVERAGE S I Z E

NUMBER OF BORROWERS

|

|
|

|
|

MONTH

YEAR

J THOUSANDS |
1
|

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAR

DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

1 9 7 6 - J A N. .
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV. .
-DEC..

10711.
10823.
11117.
11421.
11707.
12006.
12191.
12319.
12321.
12170.
11981.
12196.

-30.
112.
294.
304.
286.
299.
185.
129.
2.
-151.
-190.
216.

1165.
1080.
1106.
1191.
12351303.
13781511.
1584.
1600.
1529.
1455.

-.3
1.0
2.7
2.7
2.5
2.6
1.5
1- 1
-0
-1.2
-1.6
1.8

12.2
11. 1
11.0
11.6
11.8
12.2
12-7
14.0
14.8
15. 1
14.6
13.5

|
|
|
|
|
1
|
i
|
|
|
1

328.1
330.4
334.3
337.7
340.2
342.0
342.9
342.9
341.9
339.6
336.6
335.6

-.2
.7
1.2
1.0
.7
.5
.3
.0
-.3
-.7
-.9
-.3

-.7
-.2
.2
.9
.9
1.0
1.2
1.4
1.6
1.9
2. 1
2.1

32646.
32761.
33250.
33815.
34415.
35106.
35552.
35926.
36036.
35837.
35591.
36338.

13.0
11.3
10.8
10.6
10.8
11.0
11.4
12. 4
13.0
12.9
12.3
11.2

1977-JAN..
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
- J U L . .. .
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

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

-56.
133.
310.
346.
40441628995-63.
-281.
-317.
-17.

1429.
1450.
1466.
1508.
1626.
1743.
1847.
1813.
17481618.
1491.
1258.

-.5
1. 1
2-5
2.8
3- 1
3. 1
2- 1
.7
-.4
-2.0
-2.3
-.1

13.3
13.4
13.2
13.2
13-9
14.5
15.2
14.7
14.2
13.3
12.4
10.3

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

335.3
337-4
341.7
345.5
348.4
359.4
351.3
351.2
350.6
347.9
344.9
342.8

-. 1
.6
1.3
1.1
.9
.6
.2
-.0
-.2
-.8
-.9
-.6

2.2
2.1
2-2
2-3
2-4
2-5
2.4
2.4
2.5
2.4
2.4
2. 1

36207.
36373.
36828.
37424.
38266.
39233.
39961.
40237.
40130.
39637.
39064.
39253.

10.9
11.0
10.8
10.7
11.2
11.8
12. 4
12.0
11.4
10.6
9.8
8.0

197 8 - J A N . .
-FEB..
-MAR..
-APR.. • • I
-MAY..
-JUN.. - . I
-JUL..
-AUG..
-SEP..
-OCT.
-NOV.
-DEC.,

13233.
13274.
13427.
1363013909.
14312.
14652.
14846.
14955.
14743.
14601.
14901.

-221.
40.
153.
203.
279.
403.
339.
195.
109.
-211.
-142.
300.

1093.
1001.
844.
700576563.
614.
714.
885.
955.
1130.
1447.

-1.6
.3
1.2
1.5
2.0
2-9
2-4
1-3
-7
-1.4
-1.0
2. 1

9.0
8.2
6.7
5.4
4.3
4. 1
4.4
5-0
6-3
6-9
8.4
10.8

|
|
|
|
|
|
|
|
|
|
|
|

341.2
341.7
343.7
346.2
348.0
349.3
350.5
351.3
350.8
348.8
346.3
353.4

-.5
.1
.6
.7
.5
.4
.3
.2
-.1
-. 6
-.7
2-1

1.8
1.3
.6
-2
-.1
-.3
-.2
.0
.1
.3
.4
3.1

38788.
38850.
39067.
39366.
39971.
40971.
41806.
42261.
42625.
42274.
42164.
42162.

7. 1
6.8
6. 1
5.2
4.5
4.4
4.6
5.0
6.2
6.7
7.9
7.4

1979-JAN.
-FEB..
-MAR.
-APR.
-MAY.
-JUN. . . . |
-JUL. • • * |
-AUG..
-SEP..
-OCT..
-NOV..
-DEC. .

14884.
14991.
15381.
15807.
16214.
16688.
17015172421745217491.
17520.
18045-

-17.
107.
390426.
407.
4 74.
327226.
211.
39.
30.
524.

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

-. 1
.7
2.6
2.8
2.6
2.9
2.0
1.3
1-2
-2
.2
3-0

12.5
12.9
14.6
16.0
16.6
16.6
16. 1
16. 1
16.7
18.6
20.0
21.1

|
|
|
|
|
|
|
|
|
|
|
|

345.8
346.9
350.0
353.2
356.4
358.5
359.3
358.0
360.0
358.8
357- 3
358-0

-2.2
-3
-9
.9
-9
.6
.2
-.4
.6
-.3
-.4
-2

1.4
1.5
1.8
2-0
2.4
2.6
2.5
1.9
2.6
2.9
3.2
1.3

43045.
4321843945.
44754.
45494.
46544.
47358.
48166.
48482.
48749.
49032.
50399-

11.0
11.2
12.5
13.7
13. 8
13.6
13.3
14.0
13.7
15.3
16.3
19.5

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

18184.
18410.
18953.
19498.
198572019520230200971991119400.
1911919636-

140.
226.
543.
545.
359.
338.
35.
-133.
-186.
-511.
-282.
518.

3300.
3419.
3572.
3691.
3643.
3507.
3215.
2855.
24591909.
1598.
1592.

-8
1-2
2.9
2-9
1-8
1-7
.2
-.7
-.9
-2. 6
-1.5
2.7

22.2
22.8
23.2
23.3
22.5
21.0
18.9
16.6
14.1
10.9
9.1
8.8

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

358-7
360-9
365. 1
370-2
372-6
373.6
373.1
372.4
370.3
367.1
364.8
364.8

-2
.6
1.2
1.4
.6
.3
-. 1
-.2
-.5
-.9
--6
.0

3.7
4.0
4.3
4-8
4.5
4.2
3.8
4.0
2.9
2.3
2.1
1-9

5069951015.
519055267553299.
54049.
54223.
53972.
53766.
52854.
52406.
53822.

17.8
18.0
18. 1
17.7
17.2
16. 1
14.5
12. 1
10.9
8. 4
6.9
6. 8

1981-JAN..
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL..
-AUG,
-SEP.
-OCT.
-NOV,
-DEC.

19643.
20039.
20612.
21137.
21639.
22126.
22449.
22441.
22315.
21884.
21250.
21042.

7.
396.
573.
524.
502.
487.
324.
-8.
-127.
-431.
-634.
-207.

1459.
1629.
1659.
1638.
1782.
1930.
2219.
2344.
2404.
2483.
21311406-

.0
2.0
2.9
2.5
2.4
2.2
1.5
-.0
6
-1.9
-2.9
-1.0

8.0
8.8
8.8
8.4
9.0
9.6
11.0
11.7
12.1
12.8
11. 1
7.2

|
|
|
1
t
|
|
|
1
I
|
|

365.7
369.2
373.8
377.3
380.4
382.8
383.2
383.0
381.5
379.5
375.6
371.9

-2
1.0
1.2
.9
.8
.6
.1
-.1
-.4
-.5
-1.0
-1.0

2-0
2.3
2.4
1.9
2.1
2.4
2.7
2.8
3.0
3.4
3.0
1.9

53712.
54276.
55144.
56016.
56891.
57800.
58586.
58600.
58498.
57671.
56573.
56577.

5.9
6.4
6.2
6.3
6.7
6.9
8.0
8.6
8.8
9. 1
8.0
5. 1

1982-JAN.
-FEB.
-MAR.
-APR,
-MAY.
- J U N .•
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

20487.
20457.
20722.
20981.
21320.
21898.
22123.
2207 7.
21875.
2132820463.
20101-

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

843.
418.
110.
-155.
-319.
-228.
-326.
-364.
-440.
-556.
-787.
-941.

-2.6
1
1.3
1.3
1.6
2.7
1.0
-.2
-.9
-2.5
-4. 1
-1.8

4.3
2. 1
.5
-.7
-1.5
-1.0
-1.5
— 1.6
-2.0
-2.5
-3.7
-4.5

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

369.3
369.0
370.1
371.6
372.7
373.4
373.0
371.6
369.8
366.4
360.8
356.0

-.7
-.1
-3
.4
.3
.2
-.1
-.4
-.5
-.9
-1.5
-1.3

1.0
-.1
-1.0
-1.5
-2.0
-2.4
-2.7
-3.0
-3.1
-3.5
-3.9
-4.3

55476.
55436.
55997.
56464.
57199.
58636.
59307.
59416.
5915458216.
56717.
56466.

3.3
2. 1
1.5
.8
.5
1.4
1. 2
1.4
1. 1
.9
.3
-.2

19498.
19367.
19486.
19609.
19813.
20168.
20284.
20146.

-603.
-131.
119.
123.
204.
355.
116.
-138.

-989.
-1090.
-1236.
-1372.
-1507.
-1729.
-1838.
-1931.

-3.0
-.7
.6
.6
1.0
1.8
.6
-.7

-4.8
-5.3
-6. 0
-6.5
-7.1
-7.9
-8.3
-8.7

1
|
|
|
|
|
|
|

352.0
350.3
349.3
349.1
349.0
349.1
348.2
346.3

-1.1
-.5
-.3
-.1
-.0
.0
-.2
-.6

-4.7
-5.1
-5.6
—6. 1
-6.4
-6.5
-6.6
-6.8

55399.
55294.
55781.
56178.
56770.
57780.
58247.
58173.

-. 1
-.3
-.4
-.5
-.7
-1.5
-1.8
-2. 1

. |

--I

•• •I
-I
-I
-I
-I
.1
I
-I
-I
-I
-I

-- - I

• • • |

1983-JAN.
-FEB.
-MAR
-APR.
-MAY,
-JUN.
-JUL.
-AUG.

••« • I




TABLE 2 1 1 . 2 M

PRODUCTION CREDIT A S S O C I A T I O N S
LOANS OUTSTANDING
SEASONALLY-ADJUSTED DATA
AMOUNT

1
1
i
|
|
1
1

END OF
MONTH

1976-JAN
1
-FEB
|
-MAR
|
-APR
|
-MAY
|
-JUN
|
-JUL....|
— AU G . . . . |
-SEP
|
-OCT
|
-NOV
1
-DEC
1

11052.
1114 3 .
11289.
11433.
11551.
11667.
11787.
11956.
12069.
12222.
12315.
12406.

1482.
1138.
1885.
1851.
1505.
1461.
1526.
2197.
1434.
1971.
1156.
1146.

1977-JAN
-FEB
-HAB
-APR
-MAY
-JUN
-JUL....
-AUG....
-SEP
-OCT
-NOV
-DEC....

12 5 2 2 .
12652.
12801.
12965.
13179.
13376.
13570.
13699.
13761.
13833.
13831.
13682.

END OP
MONTH

M I L L I O N S OF DOLLARS
I
I
]
I

|
1
CHANGE FROM P R E V I O U S |
1
MONTH
YEAR
1
(SAAR)
1

1
PERCENTAGE CHANGE
FROM PREVIOUS

MONTH
(SAAR)

YEAR

1198.
1128.
1152.
1223.
1249.
1290.
1325.
1444.
1523.
1586.
1551.
1470.

13.6
10.3
16.9
16.4
13-2
12.7
13. 1
18.6
12.0
16.3
9.5
9.3

12.2
11.3
11.4
12-0
12. 1
12.4
12.7
13.7
14.4
14.9
14.4
13.4

|
|
|
i
|
|
J
|
1
t
J
|

1460.
1654.
1909.
2112.
2819.
2566.
2521.
1633.
763.
887.
-27.
-1683.

1470.
1509.
1512.
1532.
1628.
1710.
1783.
1744.
1692.
1611.
1516.
1276.

11.8
13.2
15. 1
16.5
21.7
19.5
18.8
12.0
5.6
6.4
-.2
-12.2

13.3
13.5
13.4
13.4
14.1
14.7
15. 1
14.6
14.0
13.2
12.3
10.3

13649.
13694.
13669.
13673.
13760.
13930.
14163.
14389.
14620.
14780.
14977.
15162.

-392.
550.
-303.
50.
1086.
2181.
3065.
2964.
3039.
2041.
2544.
2368.

1127.
1042.
867.
708.
581.
553.
592.
689.
859.
947.
1146.
1480.

-2.9
4.0
-2.2
.4
7.9
15.9
22.0
20.9
21.1
14.0
17.2
15.8

a5355.
1979-JAB....J
15477.
-FEB- . . . J
15663.
-MAR.... |
15856.
-APR....j
16041.
-MAY
|
16236.
-JUN
1
16441.
—JUL....|
16707.
-AUG
1
17062.
-SEP
|
17529.
-OCT
J
17962.
-NOV
1
18380.
-DEC
|
1
18773.
1980-JA M
I
19028.
-FEB..- . |
19304.
-MAR....*
19557.
— APR. . . . |
19641.
-MAY
19634.
-JUN....|
19536.
-JDL....|
19473.
-AUG... . |
19467.
-SEP....J
19432.
-OCT
1
19587.
-NOV
|
20021.
-DEC
j
i
20291.
1 981-JAN
1
20739.
-FEB
J
21000.
-MAR.... 1
2
1193.
—APR.i..|
21386.
-MAY
1
2
1471.
-JU N
|
21636.
-JUL....i
2
1705.
-AUG....|
21846.
-SEP
|
21936.
-OCT
|
21781.
-NOV
|
21485.
-DEC....|
1
21188.
1982-JAN- . . . |
21200.
-FEB
|
21124.
-MAR
1
21042.
-APR
1
— HA Y . . . — | 2 1 0 6 4 .
21230.
-JUN
. J
21295.
-JUL....|
21331.
-AUG....|
21421.
-SEP
|
21379.
-OCT
|
20976.
-NOV
1
20537.
-DEC
|

2494.
1528.
2376.
2483.
2372.
2505.
2637.
3491.
4787.
6542.
5959.
5703.

1706.
1783.
1994.
2183.
2281.
2306.
2278.
2318.
2441.
2749.
2985.
3218.

5312.
3303.
3590.
3269.
1031.
-85.
-1145.
-738.
-77.
-418.
1952.
5887.

1
1
i
1
|
|
|
|
|
J
|
1

1978-JAN....|
-FEB.... |
— MA R . . . . ]
-APR-...J
-MAY.... |
-JUN
1
-JUL...•i
-AUG
1
-SEP... . |
-OCT
i
-NOV
|
-DEC....I

198 3 - J A N . . . .
-FEB
-MAR
-APR
-MAY... .
-JUN
-JUL
-AUG

|
1
|
|
|
j
|
|
1




20179.
20080.
19870.
19675.
19580.
19551.
19517.
19460.

NUMBER OF BORROWERS

I
1
1
1
1 THOUSANDS!
1
1
J
1
1
1

AVERAGE S I Z E

PERCENTAGE CHANGE
FROM PREVIOUS
DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

MONTH
(SAAR)

YEAR

334.3
334.7
335-3
336.0
336.7
337.3
338.1
338.7
339.1
340.0
341.1
340.6

.8
1.6
2.2
2.5
2.4
2-3
2.9
2.3
1.5
3.1
4. 1
-1.7

-.8
-.2
.3
1.0
1-0
1.2
1.3
1.4
1.6
1.8
1.9
2-0

3306633293.
33667.
34027.
34312.
34590.
3486435298.
3558935950.
36100.
36423.

13. 1
11.5
11.0
10.9
11.0
11. 1
11.2
12. 1
12.6
12.8
12-2
11-2

|
|
|
|
|
|
|
J
J
|
|
|

341.2
341.8
342.9
344.0
345.0
345.9
346.7
347- 1
347-9
347.9
349.1
347.5

2.0
2.3
3.9
3.8
3.8
3.1
2-6
1-4
2.8
.2
4.0
-5-4

2. 1
2-1
2-3
2.4
2.5
2.6
2.5
2.5
2-6
2-3
2.3
2.0

36701.
37013.
37331.
37693.
38198.
38670.
39146.
39471.
39558.
39757.
39619.
39376.

11.0
11.2
10.9
10-8
11.3
11.8
12.3
11.8
11.2
10.6
9.7
8. 1

9.0
8.2
6.8
5.5
4.4
4. 1
4.4
5.0
6.2
6.8
8.3
10.8

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

346.9
346. 1
345. 1
345.0
344.7
344.9
346.1
347.3
348.2
348.6
350.2
358.1

-2.1
-2.6
-3.3
-.6
-. 8
-8
3-9
4.3
3.4
1.3
5.7
30.6

1.7
1.2
.6
.3
-. 1
-.3
-.2
.1
. 1
.2
.3
3. 1

39351.
39568.
39605.
39637.
39917.
40382.
40926.
41434.
41984.
42399.
42766.
42341.

7.2
6.9
6. 1
5-2
4.5
4. 4
4.5
5.0
6. 1
6. 6
7.9
7.5

16.4
10.0
15.4
15.9
15.0
15.6
16.2
21.2
28.7
38.3
34.0
31.8

12.5
13.0
14.6
16.0
16.6
16.6
16. 1
16. 1
16.7
18.6
19.9
21.2

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

351.4
351.3
351.6
352.1
353. 1
354.1
354.9
353.9
357.4
358.5
361.1
362.7

-20.3
-.1
1.0
1.6
3.7
3.4
2.6
-3. 1
12.3
3.6
9.0
5.5

1.3
1.5
1.9
2.1
2.4
2-7
2.6
1.9
2.6
2.8
3.1
1.3

43701.
44053.
44544.
45035.
45425.
45849.
46327.
47202.
47738.
48902.
49749.
50678.

11. 1
11.3
12.5
13.6
13.8
13.5
13-2
13.9
13.7
15.3
16.3
19.7

3417.
3551.
3641.
3701.
3600.
3398.
3095.
2766.
2405.
1902.
1625.
1641.

28.9
17.6
18.9
16.9
5.3
-.4
-5.8
-3.8
-.4
-2. 1
10.0
30.1

22.3
22.9
23.2
23.3
22.4
20.9
18.8
16.6
14. 1
10.9
9.0
8.9

1
1
|
1
|
|
1
1
|
|
i
\

364.4
365.5
366.9
369.2
369.3
369.2
368.7
368.4
367.6
366.5
368.2
369.5

5.9
3.5
5.0
7.6
-5
-. 6
-1.6
-.9
-2.7
-3.5
5-8
4.4

3.7
4.0
4.4
4.9
4.6
4.2
3.9
4.1
2.8
2.2
2.0
1.9

51515.
52064.
52607.
52975.
53180.
53185.
52989.
52859.
52961.
53024.
53197.
54181.

17.9
18.2
18. 1
17.6
17. 1
16.0
14.4
12.0
10.9
8.4
6.9
6.9

3494.
6080.
3355.
2436.
2428.
1050.
2068.
834.
1762.
1095.
-1787.
-3300.

1519.
1711.
1696.
1636.
1744.
1837.
2100.
2231.
2379.
2504.
2193.
1463.

17.5
30.0
16.2
11.6
11.5
4.9
9.6
3.9
8. 1
5.0
-8. 1
-15.2

8. 1
9.0
8.8
8.4
8.9
9.4
10.8
11.5
12.2
12.9
11.2
7.3

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

371.5
373.9
375.7
376.3
377.0
378.0
378.3
378.6
379.0
379.0
379.1
376.9

6.8
7.7
6.0
2.1
2.1
3.2
1. 1
-8
1.4
-2
-2
—6 . 7

2-0
2.3
2.4
1-9
2. 1
2.4
2.6
2.8
3.1
3.4
3.0
2.0

54613.
55473.
55899.
56313.
56727.
56805.
57192.
57336.
57645.
57870.
57451.
57000.

6.0
6.5
6.3
6.3
6.7
6.8
7.9
8.5
8.8
9. 1
8.0
5.2

-3303.
151.
-903.
-958.
270.
2071.
794.
435.
1108.
-500.
-4361.
-4702.

896.
461.
123.
-151.
-321.
-242.
-342.
-374.
-426.
-557.
-805.
-947.

-15.4
.7
-4.3
-4.5
1.3
9.8
3.7
2.0
5.2
-2.3
-20.4
-22.4

4.4
2.2
.6
-.7
-1-5
-1. 1
-1.6
-1.7
-1.9
-2-5
-3.7
-4.4

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

375.4
373.7
372.0
370.7
369.5
368.7
368.2
367.3
367.4
365.9
364.1
360.8

-4.9
-5-2
-5.4
-4.1
-3.7
-2.5
-1.8
-2.9
.3
-4.8
-5.8
-10.2

1-0
-.0
-1.0
-1.5
-2.0
-2.4
-2.7
-3.0
-3.1
-3.5
-4.0
-4.3

56447.
56731.
56787.
56764.
57004.
57574.
5783758075.
58306.
58429.
57614.
56917.

3.4
2.3
1.6
.8
-5
1.4
1. 1
1.3
1. 1
1-0
.3
-. 1

-3907.
-1153.
-2382.
-2217.
-1112.
-352.
-398.
-679.

-1009.
-1120.
-1253.
-1367.
-1484.
-1679.
-1777.
-1871.

-19.0
-5.7
-11.9
-1 1.2
-5.7
-1.8
-2.0
-3.5

-4.8
-5.3
-5.9
-6. 5
-7.0
-7.9
-8.3
-8.8

|
|
|
1
1
|
|
|

357.8
354.7
351.2
348.3
346.1
344.8
343.8
342.5

-9.7
-9.9
-11.2
-9.4
-7.2
-4.6
-3.2
-4.6

-4.7
-5. 1
-5.6
—6. 0
-6. 3
-6.5
-6. 6
-6.8

56401.
56616.
56579.
56490.
56568.
56707.
56765.
56821.

-. 1
-.2
-.4
-.5
-. 8
-1.5
-1. 9
-2.2

6
TABLE 2 1 2 . 1i1

PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS MADE AND NEW LOANS
NEW LOANS

LOANS MADE
MILLIONS
OF
DOLLARS

1

AS PERCENTAGE OF

PERCENTAGE CHANGE
FROM PREVIOUS

|

1 LOANS OUT1
STANDING*

COLLECTIONS

MILLIONS |
OF
1
DOLLARS J
1

PERCENTAGE CHANGE
FROM PREVIOUS

AS PERCENTAGE OF
j LOANS OUT1
STANDING*

COLLECTIONS

MONTH

YEAR

1030.
88711701139.
1021.
1 130912.
896.
896.
904.
1025.
1359.

-21.6
-13.9
31.9
-2.6
-10.3
10.6
-19.3
-1.7
-. 1
1.0
13.4
32.6

10.2
10.9
39.5
23.3
16.4
21.9
6.4
21.8
10.6
-. 8
25.4
3.4

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

97.
114.
134.
137.
140.
136.
126.
116.
100.
86.
85.
120.

168.
209.
219.
217.
206.
198182.
145.
126104.
113.
161.

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

-17.4
-10.2
30.0
-7.5
-.6
2.0
-18.5
-2. 1
-1.8
3.9
5.4
27.8

8.9
13.5
12.0
6.3
17.8
8.6
9.7
9.3
7.4
10.5
2.7
-1.0

98.
11.
10.
9.
9.
7.
7.
7.
7.
8.
10.

95.
115.
130.
140.
150.
151.
141.
111.
94.
78.
77.
99.

15.
14.
18.
1514.
13.
11.
11.
11.
12.
13.
18.

146.
191.
191.
187.
174.
176.
175.
151.
139.
110.
124.
180.

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

-12.5
- 1 1.6
39. 1
-11.2
6.9
2.5
-13.6
2.1
-.4
14.6
1.4
21.3

4.8
3.3
10.5
6.1
14.2
14.8
21.7
27.0
28.7
42.1
36-7
29.8

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

84.
104.
114.
119.
125.
139.
138.
118.
109.
87.
90.
120.

31.3
23.0
19.7
29.3
23.2
20. 1
27.1
19.9
19.2
35.3
27.9
24.9

18.
16.
19.
17.
1513.
12.
11.
11.
14.
14.
19.

158.
183.
199.
191.
173.
167.
156.
149.
144.
128.
135.
182.

1679.
1379.
1838.
1783.
1760.
1748.
1574.
1497.
1508.
1937.
1888.
2285-

—3. 8
-17.9
33.3
-3.0
-1.3
—.6
-10.0
-4.9
.8
28.4
-2.5
21.0

42.7
32.5
27.0
38.8
28.0
24.1
29.2
20.4
21.8
36.5
31.2
30.9

11.
9.
12.
12.
11.
11.
9.
9.
9.
11.
11.
13.

99.
108.
126.
130.
129.
136.
125.
117.
115.
101.
101.
128.

5.2
-13.0
7.5
-7. 1
-13. 1
-6.1
-11. 1
-11.6
9.3
14.7
-2.6
62.6

27. 1
26.8
10-9
13.6
10.0
13.2
10. 1
-.0
11.0
-1.9
-7.3
16.4

19.
16.
17.
16.
13.
12.
11.
9.
10.
12.
12.
20-

163.
195.
213.
211.
174.
161.
133.
123.
117.
102.
119.
178.

2226.
1781.
2044.
1957.
1834.
1828.
1648.
1403.
1583.
1839.
1677.
2636.

-2.6
-20.0
14.7
-4.2
—6. 3
-.3
-9.8
-14.9
12.8
16. 1
-8.8
57.1

32.6
29.2
11.2
9-7
4.2
4.5
4.7
-6.2
5.0
-5-1
-11.2
15.4

12.
10.
11.
10.
9.
9.
8.
7.
8.
9.
9.
14.

106.
117.
135.
138.
124.
121.
101.
90.
89.
78.
85.
124.

3562.
3225.
3780.
3522.
2803.
2738.
2560.
20702188.
2305.
2294.
361 1.

-6. 1
-9.5
17.2
-6. 8
-20.4
-2.3
—6. 5
-19.2
5.7
5.4
-.5
57.4

3.9
8-2
17.9
18.3
8.3
12.6
18.5
8.4
4.8
-3.8
-1.7
-4.8

18.
16.
19.
17.
1313.
129.
10.
10.
10.
17.

153.
213.
206195183.
167.
156.
128.
120.
106.
100.
141.

2319.
1906.
2404.
2323.
2033.
2116.
1948.
1596.
1688.
1733.
1646.
2365.

-12.0
-17.8
26.1
-3.4
-12.5
4. 1
-8.0
-18.0
5.7
2.7
-5.0
43.7

4.2
7.0
17.6
18.7
10.9
15.8
18.2
13.8
6.6
-5.7
-1.9
-10.3

12.
10.
12.
11.
10.
10.
9.
7.
8.
88.
11.

100.
126.
131.
129.
133.
129119.
9993.
80.
72.
92.

1982-JAN
1
-FEB
|
-MAR....j
-APR
|
-MAY... . 1
-JUN.... |
-JUL
1
— AUG. . . . |
-SEP....|
-OCT....J
-NOV
|
-DEC....|

3067.
2896.
3669.
3291.
2763.
2861.
2221.
2118.
2079.
2031.
2321.
3229.

-15.0
-5.6
26.7
-10.3
-16. 0
3.5
-22.4
-4.6
-1.8
-2.3
14.3
39. 1

-13.9
-10.2
-2.9
-6.5
-1.4
4.5
-13.3
2.3
-5.0
-11.9
1.2
-10.6

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

126.
181.
196.
192.
185185.
153.
132.
117.
99.
92.
134.

1876.
1570.
2131.
1986.
1852.
2155.
1685.
1565.
1582.
1528.
1652.
2119.

-20.7
-16.3
35.7
-6.8
-6.7
16.4
-21.8
-7.1
1. 1
-3-5
8. 1
28.3

-19.1
-17.6
-11.4
-14.5
-8.9
1.8
-13.5
-1.9
-6. 3
-11.8
.4
-10.4

9.
8.
10.
10.
9.
108.
7.
7.
7.
8.
10.

77.
98.
114.
116.
124.
140.
116.
98.
89.
74.
66.
88.

1983-JA N
i
-FEB
1
—MAR....|
-APR
J
— MA Y . . . . |
-JUN
1
-JUL
|
-AUG....|

3139.
2587.
3408.
2862.
2507.
2455.
1925.
1948.

-2.8
-17.6
31.7
-16.0
-12.4
-2.0
-21.6
1.2

2.3
-10.7
-7. 1
-13.0
-9.3
-14.2
-13.3
-8.0

16.
13.
18.
15.
13.
12.
10.
10.

123.
170.
194.
187.
172.
172.
148.
127.

1946.
140919001667.
1664.
1806.
1423.
1437.

-8.2
-27.6
34.9
-12.3
-.2
8.6
-21.2
.9

3.7
-10.2
-10.8
-16.0
-10.2
-16.2
-15.5
-8.2

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

76.
92.
108.
109.
114.
126.
109.
94.

MONTH

YEAR

-JUL. . . . |
-AUG....|
-SEP
1
-OCT
|
-NOV
|
-DEC
|

1795.
1594.
1932.
1714.
1412.
1439.
1 177.
1 178.
1169.
1211.
1488.
2147.

-11.2
-11.2
21.2
-11.3
-17.6
1-9
-18-2
- 1
-.8
3.6
22.9
44. 3

13.6
12.8
32.6
18-3
12.3
19. 1
3-6
20. 1
9.9
-2.0
24.5
6.2

17.
15.
18.
1512.
1210.
10.
9.
10.
12.
18.

169.
205.
222.
206.
193.
174.
163.
153.
131115.
123.
189.

1977-JAN
|
-FEB
|
-MAR. . . . |
-APR
|
-MAY
|
-JUN....|
-JUL
|
—AUG....|
-SEP
1
-OCT....|
-NOV..
-DEC... . |

1974.
1830.
2196.
1874.
1652.
16151292.
1281.
1284.
1326.
1545.
2179.

-8. 1
-7. 3
20.0
-14.7
-11.8
-2.3
-20.0
-.8
.2
3.2
16.6
41.0

10.0
14.8
13-7
9.3
17.0
12.3
9-7
8.8
9.9
9.5
3-9
1.5

16.
15.
18.
15.
13.
12.
9.
9.
9.
9.
11.
16.

1978-JAN
|
-FEB.... |
-MAR....|
-APR
|
-MAY.. . . |
-JUN....I
-JUL
J
-AUG
|
-SEP
|
-OCT.. . . |
-NOV
|
-DEC
|

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

-5.7
-6.9
26.3
-16.0
-5.8
-6.4
-13.6
3-2
-1.0
14.4
9. 1
32.6

4. 1
4-5
9.9
8.2
15.6
10.7
19.5
24.3
22.8
36.0
27.3
19-7

1979-JAN
-FEB

-APR... . |
-SAY
|
- J UN
|
-JUL
|
-AUG
|
-SEP....|
-OCT.... J
-NOV.... |
-DEC....|

2697.
2350.
28902621.
2352.
2148.
1962.
1910.
1880.
2441.
2516.
3259-

3.4
-12.8
22.9
-9.3
-10.3
-8.7
-8.6
-2-7
-1.6
29.9
3. 1
29.5

1980-JAN
|
-FEB....)
-MAR....|
-APR
|
-MAY.... |
-JUN
|
-JUL
|
-AUG.
|
-SEP
|
-OCT....|
-NOV
|
-DEC
|

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

1 98 1 - J A N
|
-FEB
I
— MAR. . . . |
-APR
|
-MAY. . . . |
-JUN
|
-JUL....|
-AUG
|
-SEP.
|
-OCT
|
-NOV
|
-DEC
|

1 976-JAN.
|
-FEB
.J
- MA R . . . . j

|
|

* LOANS OUTSTANDING AT END OF PRECEDING MONTH.
"NEW LOANS" ARE COMPUTED AS LOANS MADE L E S S RENEWALS.




RENEWALS INCLUDE SOME NONAGRICULTURAL LOANS

(SEE NOTE ON PAGE 3 ) .

TABLE 2 1 2 . 2 M
PRODUCTION C B E D I T A S S O C I A T I O N S
LOANS MADE AND NEW LOANS
SEASONALLY-ADJUSTED ANNUAL BATE
|
MONTH

LOANS MADE

l

| MILLIONS
|
OF
]
DOLLARS
1
1
17635.
1976-JAN,...|
17685.
-FEB.
|
18355.
-MAR
I
18577.
-APR
J
17524.
- HA Y . . . . |
18584.
-JU N
|
17637.
-JUL....;
18319.
-AUG....I
18465.
-SEP....J
16809.
-OCT...-|
-NOV
|
19217.
20027.
-DEC
J

|
|
1

PERCENTAGE CHANGE
FROM P R E V I O U S

|
|
AS PERCENTAGE OP
J
| LOANS OUTCOLL ECTIONS
STANDING*

1

|
|
|

NEW LOANS
MILLIONS
OF
DOLLARS

|
|
|
1

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

|
AS PERCENTAGE OF
|
| LOANS OUTCOLLECTIONS
1
STANDING*

MONTH

YEAR

MONTH

YEAR

-6. 0
.3
3.8
1.2
-5.7
4.0
-4. 8
3.6
.8
-9.0
14.3
4.2

14.3
13.2
30.5
16.3
11.2
18.7
4. 1
20.5
9.8
.2
25.5
6.7

161.
160.
165.
165.
153.
161.
152.
155.
154.
139.
157.
163.

169.
165.
172.
169.
168.
154.
178.
174.
167.
164.
162.
170.

11675.
11777.
12387.
12871.
11983.
12846.
12065.
12419.
12624.
11399.
12920.
13312.

-9.2
.9
5.2
3.9
-6.9
7.2
-6. 1
2.9
1.7
-9.7
13.3
3.0

11.3
12.4
37.6
21.5
15. 1
21.0
6.7
22.7
10.4
.9
25.8
3.5

107.
107.
111.
114.
105.
111.
103.
105.
106.
94.
106.
108.

1 12.
110.
116.
117.
115.
106.
122.
1 18.
114.
111.
109.
113.

10.4
14.9
12.0
8.2
15.7
11.9
10.6
9.5
9.9
10.9
4.7
2.0

157.
162.
163.
157.
156.
158.
146.
148.
148.
136.
146.
148.

170.
169.
170.
176.
180.
178.
196.
163.
158.
150.
150.
145.

12724.
13464.
13721.
13568.
13986.
13914.
13346.
13735.
13586.
12680.
13295.
13169.

-4.4
5.8
1.9
-1. 1
3. 1
-.5
-4.1
2.9
-1. 1
-6. 7
4.8
-.9

9.0
14.3
10.8
5.4
16.7
8.3
10.6
10.6
7.6
11.2
2.9
-1. 1

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

111.
112.
113.
119.
124.
119.
134.
112.
105.
102.
99.
94.

1977-JAN
|
-FEB....|
-MAS....|
-APR
j
-MAY
|
-JUN....J
-JUL....|
-AUG
J
-SEP....1
-OCT
I
-NOV
|
-DEC.
|

19462.
20313.
20563.
20098.
20279.
20799.
19554.
20054.
20301.
18648.
20128.
20431.

-2.8
4.4
1.2
-2.3
.9
2.6
-6. 0
2.6
1.2
-8. 1
7.9
1.5

197 8 - J A N
|
-FEB
1
-MAS....|
-APS
|
-MAY....|
-JUM
|
-JUL..-.1
-AUG.. . -1
-SEP....|
-OCT....]
-NOV....J
-DEC.... |

20251.
21147.
22417.
21573.
23278.
23038.
23404.
25176.
24859.
25533.
25802.
24544.

-.9
4.4
6.0
3.8
7.9
1.0
1.6
7.6
1.3
2.7
1. 1
4.9

4. 1
4. 1
9.0
7.3
14.8
10.8
19.7
25.5
22.5
36.9
28.2
20. 1

148.
155.
164.
158.
170.
167.
168.
178.
173.
175.
175.
164.

149.
154.
148.
151.
152.
159.
187.
169.
172.
160.
165.
163.

13240.
13883.
15070.
14354.
15921.
16065.
16274.
17675.
17516.
18050.
18162.
17046.

.5
4.9
8.6
-4.8
10.9
.9
1.3
8.6
-.9
3.1
.6
-6. 1

4. 1
3.1
9.8
5.8
13.8
15.5
21.9
28.7
28.9
42.4
36.6
29.4

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

98.
101.
100.
101.
104.
111.
130.
119.
121.
113.
116.
113.

1979-JAN.... |
-FEB....|
- HA B . . . . j
-APR
|
-MAY....J
-JUM
(

26516.
26018.
26797.
27679.
28594.
27567.
29687.
30407.
29570.
34554.
33423.
30724.

8.0
-1.9
3.0
3.3
3.3
-3.6
7.7
2.4
-2.8
16.9
-3.3
-8. 1

30.9
23.0
19.5
28.3
22.8
19.7
26.8
20.8
19.0
35.3
29.5
25.2

175.
169.
173.
177.
180.
172.
183.
185.
177.
203.
191.
171.

163.
148.
154.
153.
151.
151.
166.
168.
176.
185.
182.
167.

18661.
18380.
19151.
19895.
20461.
20029.
20990.
21506.
21334.
24599.
23977.
22149.

9.5
-1.5
4.2
3.9
2.8
-2.1
4.8
2.5
-.8
15.3
-2.5
-7.6

40.9
32.4
27.1
38.6
28.5
24.7
29.0
21.7
21.8
36.3
32.0
29.9

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

115.
104.
110.
110.
108.
110.
117.
119.
127.
132.
131.
120.

33593.
33177.
29717.
31177.
31459.
31005.
32628.
30549.
32751.
33895.
31369.
35704.

9.3
-1.2
-10.4
4.9
.9
-1.4
5.2
-6.4
7.2
3.5
-7.5
13.8

26.7
27.5
10.9
12.6
10.0
12.5
9.9
.5
10.8
-1.9
-6. 1
16.2

183.
177.
156.
162.
161.
158.
166.
156.
168.
174.
161.
182.

170.
156.
163.
167.
152.
146.
140.
140.
144.
147.
162.
164.

24377.
23842.
21352.
21848.
21502.
20948.
21912.
20318.
22345.
23321.
21437.
25347.

10.1
-2.2
-10.4
2.3
— 1.6
—2.6
4.6
-7.3
10.0
4.4
-8. 1
18.2

30.6
29.7
11.5
9.8
5. 1
4.6
4.4
-5.5
4.7
-5.2
-10.6
14.4

133.
127.
112.
113.
110.
107.
112.
104.
115.
120.
110.
129.

123.
112.
117.
117.
104.
98.
94.
93.
98.
101.
111.
116.

34859.
36161.
35011.
36649.
34171.
34490.
38627.
33172.
34 3 3 5 .
32624.
31196.
33917.

-2.4
3.7
-3.2
4.7
-6. 8
.9
12.0
-14.1
3.5
-5.0
-4.4
8.7

3.8
9.0
17.8
17.6
8.6
11.2
18.4
8.6
4.8
-3.8
-.6
-5.0

174.
178.
169.
175.
161.
161.
180.
153.
158.
149.
142.
156.

162.
170.
157.
154.
158.
149.
163.
147.
147.
153.
139.
131.

25124.
25648.
25187.
25966.
24076.
24068.
25852.
23168.
23777.
21998.
21195.
22609.

-.9
2. 1
-1.8
3. 1
-7.3
-.0
7.4
-10.4
2.6
-7.5
-3.6
6.7

3. 1
7.6
18.0
18.8
12.0
14.9
18.0
14.0
6.4
-5.7
-1.1
-10.8

125.
126.
121.
124.
114.
113.
120.
107.
110.
101.
97.
104.

116.
120.
113.
109.
111.
104.
109.
103.
102.
103.
94.
87.

30061.
32710.
33881.
34102.
33790.
35648.
33628.
33925.
32585.
28788.
31804.
30201.

-11.4
8.8
3.6
.7
-.9
5.5
-5.7
.9
-3.9
-11.7
10.5
-5.0

-13.8
-9.5
-3.2
-6.9
-1. 1
3.4
-12.9
2.3
-5. 1
-11.8
1.9
-11.0

140.
154.
160.
161.
161.
169.
158.
159.
153.
134.
149.
144.

134.
144.
148.
151.
159.
164.
159.
153.
144.
142.
129.
125.

20213.
21270.
22342.
22248.
22088.
24299.
22391.
22664.
22227.
19443.
21391.
20148.

-10.6
5.2
5.0
-.4
-.7
10.0
-7.9
1.2
-1.9
-12.5
10.0
-5.8

-19.5
-17.1
-11.3
-14.3
-8.3
1.0
-13.4
-2.2
-6.5
-11.6
.9
-10.9

94.
100.
105.
105.
105.
115.
105.
106.
104.
91.
100.
96.

9094.
98.
99.
104.
112.
106.
102.
98.
96.
87.
83.

2.7
-10.4
-7.4
-13.2
-9.0
-14.7
-13. 1
-8. 1

150.
145.
156.
149.
156.
155.
150.
160.

132.
134.
146.
147.
147.
151.
153.
147.

20988.
19155.
19888.
18711.
19940.
20273.
18929.
20761.

4.2
-8.7
3.8
-5.9
6.6
1.7
-6. 6
9.7

3.8
-9.9
-11.0
-15.9
-9.7
-16.6
-15.5
-8.4

102.
95.
99.
94.
101.
104.
97.
106.

90.
88.
93.
93.
95.
101.
99.
98.

-AUG....|
-SEP....|
-OCT.
1
-NOV....|
-DEC...-|
1980-JAM....)
-FEB....|
—MAR....]
-APR
|
— MA Y . . . . |
-JON.
J
-JUL....|
-AUG....|
-SEP.... I
-OCT....|
-NOV.... |
-DEC
|
1
1981-JAN....1
-FEB....1
-MAR....|
-APR....|
-MAY....1
-JUN....I
-JUL....|
-AUG
|
-SEP....|
-OCT.... 1
-NOV....|
-DEC....|
J
1982-JAN.
1
-FEB....I
-MAR....1
-APR....1
-SAY....1
-JUN... . j
—JUL. . . . |
— AU G . . . . e |
-SEP....|
-OCT
1
-NOV....|
-DEC....J
1
1983-JAN....|
-MAR... .
-APR....
-MAY
-JUN....
-JUL....
-AUG
•

t
|
1
|
|
|

1

30871.
29315.
31387.
29603.
30744.
30394.
29238.
31181.

-

-

-

2.2
-5.0
7. 1
-5.7
3.9
-1. 1
-3.8
6.6

S E A S O N A L L Y - A D J U S T E D LOANS OUTSTANDING AT END OF PRECEDING

MONTH.

"NEB LOANS" ARE COMPUTED AS LOANS MADE L E S S RENEWALS, AND THEN SEASONALLY A D J U S T E D RENEWALS I N C L U D E SOME NCNAGRICULTURAL LOANS ( S E E NOTE ON PAGE 3 ) .




*

PRODUCTION C R E D I T A S S O C I A T I O N S
LOANS BADE AMD MB* LOANS
T¥ELVB-MONTH MOVING TOTAL

TABLE 2 1 2 . 3 f l

LOANS BADE
l_
YEAR
ENDING--

|
I
|

1

MILLIONS
OF
DOLLARS

I
1 976-JAN
-FEB... .
-MAR....
-APR
-MAY....
-JUN....
-JUL....
-AUG..
-SEP....
-OCT....
-NOV...
-DEC....|

16212-

16393.

16868.

17133.
17288.
17519.
17560.
17757.
17862.
17837.
18130.
18256.

--I
I
1 9 7 7 — J A M . • . -I 1 8 4 3 4 .
- F E B . . . -I 1 8 6 7 1 .
- MAR. . .
-APR...
-MAY...
-JUN...
-JUL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

-J
. I
-i

-I
-I
-I
•l
-t
-I
-I
1

I

CHANGE FROM
P R E V I O U S YEAR
1
I.
| MILLIONS
OF
PERCE
DOLLARS

2220.
2416.
2390.
2259.
2487.
2259.

11824.
11879.
12039.
12124.
12117.
12325.
12369.

867.
911.
1262.
1446.
1572.
1586.
1585.
1770.
1749.
1653.
1802.
1621.

8.7
9. 1
12.6
14-4
15.6
15.5
15-4
17.2
16.9
15-8
17. 1
15.1

104.
104.
106.
107.
108.
109.
108.
108.
108.
107.
107.
106.

112.
111.
111.
112.
112113.
113.
115.
115.
115.
114.
114.

168.
168169.
169.
171.
172173.
173.
172.
169.
168.
165.

12461.
12581.
12721.
12793.
12975.
13073.
13162.
13245.
13311.
13406.
1343313420.

1617.
1650.
1459.
1316.
1354.
1249.
1283.
1206.
1186.
1289.
1109.
1050.

14.9
15.1
13.0
11.5
11.7
10-6
10.8
10.0
9.8
10.6
9.0
8.5

106.
106.
106.
106.
106.
106.
105.
105.
104.
103.
103.
101.

113.
113.
113.
114.
114.
115.
116.
116.
115.
114.
112.
110.

13.7
15.7

151.
151.
151.
152.
153.
154.
155.
157.
158.
161.
163.
165.

162.
161.
160.
158.
157.
156156.
156.
157.
156.
157.
159.

13474.
13507.
13644.
13718.
13889.
14070.
14287.
14551.
14828.
15248.
1563516036.

1013.
926.
923.
925.
914.
997.
1126.
1307.
1517.
1843.
2202.
2616.

8. 1
7-4
7.3
7.2
7.0
7.6
8.6
9.9
11.4
13.7
16.4
19.5

101.
101.
101.
101.
102.
103.
104.
106.
107.
110.
112.
114.

109.
108.
107.
106.
105.
104.
105.
105.
106.
107.
108.
110.

12.2
12. 1
14.4
15.0
15.2
14.8
14.5
15.8
15.4
14.5
15.9

14. 1

1961.
2046.
1991.
2065.
1971.
1982.

11.4

20130.

2122.
1887.
1794.

AS PERCENTAGE OF

COLLECTIONS

13.7
13.9

2066.

CHANGE FROM
P R E V I O U S YEAR

LOANS O U T STANDING*

2223.
2277.

18934.
19094.
19334.
19510.
19625.
19728.
19844.
19959.
20017.
20049.

MILLIONS |
OF
I
DOLLARS |
|

PERCENT

I

1767.
1768.
2124.
2234.
2284.
2263.

I

AS PERCENTAGE OF

12.2
11.8
11.4

11.8
11. 1
11. 1
11.9
10.4
9.8
9.2
8.3
7.9
7.8
7.8
7.7
8.4
9.4

LOANS OUTSTANDING*

COLLECTIONS

156.
156.
159.
160.
160.
161.
160.
160.
159.
157.
158.
157.

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

10844.
10931.

157.
157.
158.
158.
158.
158.
157.
156.
155.
154.
153.
152.

MILLIONS
OF -

L PSW.APS

11262.

11477.

11621.

1978-JAN
4
-FEB... . |
-HA R . . . . I
-APR....|
-MAY
I
-JUN
|
-JUL....|
-AUG....|
-SEP....|
-OCT....|
-NOV
|
—DEC..•.j

20211.
20429.
20582.
20840.
21013.
21265.
21577.
21869.
2234 7.
22769.
23198.

1695.
1541.
1494.
1488.
1505.
1502.
1640.
1848.
2025.
2387.
2751.
3148.

1979-JAN....I
-FEB....|
— MA R . . . . |
-APR....1
-MAY....I
-JUN....|
—J U L . . . . |
—AUG.... 1
—S B P . . . . |
-OCT.
|
-NOV.... |
—DEC....|
t
1980-JAM.... I
—FEB.... |
-MAR.... |
-APR... . 1
-MAI.. . . |
-J0M....I
-JUL...- I
— AU Go . . . J
-SEP.... 1
-OCT
|
-NOV....|
-DEC....1
1
1981-JAN....I
-FEB
|
-MAR....|
-APR...«1
-MAY....I
-JUN....|
-JUL.... I
-AUG....|
-SEP....I
-OCT
.1
-NOV.
j
-DEC.... |

23840.
24279.
24755.
25349.
25792.
26152.
26570.
26887.
27190.
27828.
28377.
29027.

3711.
4068.
4326.
4766.
4952.
5139.
5305.
5310.
5321.
5481.
5608.
5830.

18.4
20.1
21.2
23-2
23.8
24.5
24.9
24.6
24.3
24.5
24.6
25. 1

168.
169.
171.
173.
174.
174.
175.
174.
174.
176.
177.
178.

160.
160.
161.
162.
162.
161.
160.
160.
160.
161.
162.
162.

16538.
16876.
17267.
17765.
18150.
18490.
18846.
19100.
19369.
19887.
20336.
20875.

3064.
3370.
3623.
40*7.
4262.
4420.
4559.
4548.
4542.
46394701.
4840.

22.7
24-9
26.6
29.5
30.7
31.4
31.9
31-3
30.6
30.4
30.1
30.2

116.
118.
119.
121.
122.
123.
124.
124.
124.
126.
127.
128.

111.
111.
112.
113.
114.
114.
114.
114.
114.
115.
116.
117.

29758.
30388.
30704.
31060.
31295.
31578.
31777.
31776.
31984.
31938.
31754.
32289.

5917.
6109.
5949.
5711.
5504.
5427.
5207.
4889.
4794.
4110.
3378.
3262.

24.8
25.2
24.0
22.5
21.3
20.8
19.6
18.2
17.6
14.8
11.9
11.2

180.
180.
179.
178.
177.
175.
173.
171.
170.
168.
165.
167.

163.
164.
165.
167.
167.
167.
164.
162.
159.
156.
154.
154.

21422.
21825.
22030.
22204.
22278.
22358.
22432.
22339.
22414.
22316.
22104.
22455.

4884.
4949.
4763.
4439.
41283867.
3586.
3239.
3045.
2429.
1768.
1580.

29.5
29.3
27.6
25.0
22.7
20.9
19.0
17.0
15.7
12.2
8.7
7.6

129130129.
127.
126124.
122.
120.
119.
117.
115.
116.

117.
118.
119.
119.
119.
118.
116.
114.
112.
109.
107.
107.

32424.
32668.
33243.
33787.
34003.
34309.
34709.
34869.
34969.
34880.
34841.
34658.

2666.
2280.
2540.
2728.
2707.
2731.
2931.
3093.
2985.
2942.
3087.
2369.

9.0
7.5
8.3
8.8
8.7
8.6
9.2
9.7
9.3
9.2
9.7
7.3

167.
167.
169.
170.
170.
170.
171.
170.
169.
167.
165.
163.

153.
154.
155.
154.
155.
155.
157.
157.
158.
159.
156.
152.

22548.
22673.
23034.
23400.
23599.
23887.
24187.
24380.
24485.
24379.
24348.
24077.

1126.
8481003.
11961321.
1530.
1755.
2041.
2071.
2063.
2243.
1622.

5.3
3-9
4.6
5.4
5.9
6.8
7.8
9.1
9.2
9-2
10.1
7.2

116.
116.
117.
118.
118.
119.
119.
119.
118.
117.
115.
113.

106.
107.
107.
107.
108108.
110.
110.
110.
111.
109.
106.

34163.
33834.
33723.
33493.
33452.
33576.
33236.
33285.
33176.
32902.
32928.
32547.

1739.
1166.
480.
-295.
-550.
-734.
-1472.
- 1584.
-1794.
-1978.
-1912.
-2111.

5.4
3.6
1.4
-.9
-1.6
-2. 1
-4.2
-4.5
-5. 1
-5.7
-5.5
-6. 1

160.
158.
157.
156.
156156.
155.
155.
155.
154.
155153.

149.
147.
147.
146.
146.
148.
147.
148.
147.
147.
146.
145.

23634.
23298.
23025.

1085.
624.
-9.
- 7 12.
-1893.
-1342.
-1905.
-2129.
-2339.
-2439.
-2402.
-2377.

4.8
2.8
-.0
-3.0
-4.6
-5.6
-7.9
-8.7
-9.6
-10.0
-9.9
-9.9

111.
109.
107.
106.
105.
105.
104.
104.
104.
103.
103.
102.

103.
102.
100.
99.
99.
99.
99.
99.
98.
98.
97.
97.

32619.
198 3 - J A M
|
32310.
-FEB....|
32048.
-MAR....|
31619.
-APR
|
31363.
-MAY.... |
30957.
-JUN
1
— JO L— . . . 1 3 0 6 6 1 .
30490.
-AUG.... 1

-1544.
-1524.
-1675.
-1874.
-2090.
-2619.
-2576.
-2794.

-4.5
-4.5
-5.0
-5.6
-6.2
-7.8
-7.7
-8.4

154.
153.
153.
151.
151.
150.
150.
150.

144.
144.
143.
142141.
140.
140.
140.

21770.

103.
103.
102.
101.
101.
99.
99.
99.

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

1982-JAN
|
-FEB
1
— MA R . . . . |
-APR.-..I
-MAY....|
-JUN... . |
-JUL....|
-AUG....1
-SEP....|
—OCT.... |
-NOV
|
-DEC
|




10.2
12.0

! TWELVE MOUTHS
IHALS.

RBNB8ALS

22688.

22506.
22545.

22282.
22251.
22145.
21940.
21946.
21700.

21610.

21379.

21061.
20873.
20524.
20263.
20134.

<

- 1863.
-1688.
-1646.
-1627.
-1634.
-2020.
-2019.
-2117.

-7.9
-7.2
-7.1
-7.2
-7.3
-9.0
-9. 1
-9.5

OF-HONTH D A T A ) .
NAGRICULTURAL LOANS

(SEE

NOTE ON PAGE 3)

TABLE 2 13. 1 H

PRODUCTION CREDIT A S S O C I A T I O N S
RENEWALS AND C O L L E C T I O N S
COLLECTIONS

1
I

I

MILLIONS
OF

|
I
1

-1-

AS PERCENTAGE OF

PBRCENTAGE CHANGE
FROM P R E V I O U S
MONTH

YEAR

I

LOANS OUTSTA9DPG*

LOANS

COLLECTIONS
AND RENEWALS

ILLIONS
OF
DOLLARS |

PERCENTAGE CHANGE
FROM PREVIOUS

|
AS P E R | CENTAGE OF
| LOANS O U T L. STANDING*

MONTH

YEAg

4 3.
44.
39.
34.
28.
21.
23.
24.
23.
25.
31.
37.

42.
48.
4741.
3527.
27.
27.
23.
23.
28.
41.

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

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

18.9
28.6
52. 1
18.7
15.0
20.8
-4. 4
4.2
.9
-2.0
29.6
11.5

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

764.
707.
762575.
391.
309.
265.
282.
273.
306.
463.
788.

8- 1
-7.5
7.9
-24.5
-32.0
-21.0
-14.1
6.2
-3.2
12-2
51- 1
70.3

18.5
15.4
23.3
9.5
2.8
10-0
-4.9
15.1
7.7
-5.4
22.5
11.5

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

852.
823.
886.
663.
449.
388291.
302323.
327.
493.
834.

8.0
-3.4
7.7
-25.2
-32.3
-13.6
-24.8
3.7
6.8
1.3
50.8
69-3

11.4
16.4
16.3
15.2
14.7
25.4
9.8
7.1
18.2
6.7
6.5
5.8

7.
77.
533.
2.
2.
2.
2.
4.
6.

43.
45.
40.
35.
27.
24.
23.
24.
25.
25.
32.
38.

42.
4847.
43.
36.
32.
29.
25.
24.
20.
26.
38.

1175.
8751004.
865801814.
712.
884.
1023.
1281.
13721357-

3.5
-25.5
14.7
-13.9
-7.4
1.6
-12.5
24.3
15.7
25.2
7.1
-1. 1

10.6
12.8
15.3
4. 1
9.6
-1-8
—1.6
14.9
14.7
21.4
13. 2
19-5

10.
7.
8.
7.
6.
6.
5.
6.
79.
10.
10-

-MAY
-1
- J U N . . . -1
-JUL
-AUG
-I
- S E P . . .. . I
- O C T . . .. . I
-NOV...
-DEC...

877.
871.
967742.
535.
379.
327.
350.
338.
384.
528.
863.

5.2
-.7
10.9
-23.2
-27.9
-29. 1
-13.9
7. 1
-3.2
13.5
37.4
63.4

3.0
5.9
9. 1
12.0
19.3
-2.1
12. 1
15.8
4.9
17.5
7.2
3.4

7.
7.
7.
6»
4.
32.
22.
3.
4.
6.

43.
46.
40.
37.
28.
21.
21.
22.
21.
21.
27.
33.

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

14021002.
1265108110971014883.
1054.
1136.
1636.
1591.
1451.

3.3
-28.6
26.3
-14.5
1.5
-7.6
-12.9
19.4
7-8
44-0
-2.7
-8.8

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

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

1 9 7 9 - J A N . . .. - I
- F E B . . .. - I
- M A R . . .•
- A P R . . .. . 1
- M A Y . . .. . I
-JU N...
—JUL...
- A U G . . -• . 1
-SEP...
-OCT..
-NOV...
-DEC..

1018.
972.
1052.
838.
593.
400389.
414.
372.
504.
628.
974.

18.0
-4.5
8.2
-20.3
-29.3
-32.6
-2.7
6.4
-10.2
35-7
24.6
55- 1

16.0
11.5
8.8
12.9
10.8
5-3
19.0
18.3
9.8
31.2
19.0
12.9

777.
5.
4.
222.
2.
3.
4.
6.

38.
41.
36.
32.
25.
19.
20.
2220.
212530.

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

1703.
1282.
1455.
1370.
1364.
1284.
1262.
1284.
1307.
19111868.
1787.

17.4
-24.7
13.5
-5.8
-.5
-5.8
-1.8
1.7
1.8
46.2
-2.2
-4.3

21.4
28.0
15.0
26.7
24.2
26.7
42.8
21.7
15.0
16.8
17.4
23-2

11.
9.
10.
99.
88.
8.
8.
11.
11.
10-

1980-JAN.-FEB..
-MAR..
-APR..
-MAY..
-JUN. - • i
-JUL. .
-AUG..
-SEP--OCT..
-NOV.. - - I
-DEC..

1201.
1199.
1162.
1021.
754.
603.
513.
506.
504556.
656.
1158.

23-3
-.2
-3. 1
-12. 1
-26. 1
-20-0
-14.9
-1.3
-.5
10-4
17.9
76.5

18.0
23.4
10.5
21.8
27-2
50.9
31.9
22-4
35-6
10.3
4.4
18.9

7.
7.
6.
5.
4.
3.
3.
3.
333.
6.

35.
40.
36.
34.
29.
2524.
2724.
23.
28.
31.

36.
44.
44.
4234.
29.
24.
25.
221925.
35.

2101.
1527.
1508.
1414.
1485.
1506.
1629.
15521780.
2359.
1965.
2130.

17.5
-27.3
-1.2
—6- 2
5.0
1.4
8.2
-4.7
14.7
32.5
— 16.7
8.4

23-4
19. 1
3.7
3.2
8.9
17.2
29. 1
20.9
36.2
23.4
5.2
19. 2

12.
8.
8.
7.
888.
8.
91210.
11.

124 3 .
1319.
1376.
1199.
770.
621.
613.
474.
500.
57 2 .
649.
1246.

7.4
6. 1
4.4
-12.9
-35.8
-19.3
-1.4
-22.7
5.5
14.5
13.4
92. 1

3.5
9.9
18.5
17.5
2.1
3.0
19.4
-6.5
-.8
2.8
-1.1
7.6

6.
77a
643.
3.
2.
2.
3.
3.
6•

35.
41.
36.
34.
27.
23.
24.
23.
2325.
28.
35.

3547.
43.
403327.
27.
23.
22.
21.
22.
33.

2328.
15161836.
1802.
1533.
1641.
16391613.
1823.
2173.
22872563.

9-3
-34.9
21-1
-1.8
-14.9
7-0
-. 1
—1.6
13. 1
19.2
5.2
12.1

10.8
-.7
21.7
27.5
3-3
9-0
.6
3.9
2.4
-7.9
16.3
20-3

12.
8.
9.
9.
7.
8.
7.
78.
10.
10.
12.

1982-JAN..
-FEB..
-MAR..
-APR..
-MAY—
- JU N . -JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

1191.
1326.
1538.
1306.
911.
706.
536.
553.
497.
503.
669.
1110.

-4.4
11.3
16.0
-15.1
-30.2
-22.5
-24. 1
3- 1
-10. 1
1-3
33.0
65-8

-4.2
.5
11.8
8.9
18.3
13.6
-12.5
16-7
—- 6
-12.0
3-2
-10.9

6.
6.
8.
6.
4.
3.
2.
22.
2.
3.
5.

39.
46.
42.
40.
33.
25.
24.
26.
24.
25.
29.
34.

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

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

-5.0
-34.3
16.9
-8.2
-13. 1
3.5
-5.9
10.6
11.0
15.4
22.4
-4.2

4.5
5-4
1.8
-4.8
-2.7
—6. 0
-11.4
-.5
-2.3
-5.4
10-0
—6- 0

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

1983-JAN
I
— FE B . . . . |
— MAS. . . . J
—A P R . . . . |
-MAY....|

1193.
1178.
1507.
1195.
843.
649.
502.
511-

7.5
-1.3
28.0
-20.7
-29.5
-23.0
-22.7
1.9

-1
-11-2
-2.0
-8.5
-7.5
-8.1
-6.5
-7.6

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

38.
46.
44.
42.
34.
26.
26.
26.

3244.
46.
44.
37.
31.
28.
25.

2546.
1526.
1759.
1535.
1454.
1431.
1305.
1532.

5.7
-40. 1
15.3
-12.8
-5.3
—1.6
-8.8
17.4

4.6
-4.5
-5.8
-10-5
-2.5
-7.2
-10. 1
-4.5

13.
8.
9.
8.
7.
7.
6.
8.

197 6 - J A N . .
-FEB..
-MAR..
-APR..
-MAY..
-JUN. .
-JUL..
-AUG.«•.
-SEP
-OCT
-NOV
-DEC...

.1
-1
.1
.1
.1
-1
I
1 9 7 7 - J A N . . . -I
- F E B . . . -1
- M A R . . . -I
- A P R . . . -I
- M A Y . . . -I
-JUN... -J
- J U L . . . -1
- A U G . . . .1
-SEP... -J
- O C T . . . -1
- N O V . . . -I
.1
I
1 9 7 8 - J A N . . . -I
-FEB
-I
-MAR
-1
-APR
-I
-I

»• 1
t
-1

ill

1981-JAN...
-FEB...
-MAR..
-APR..
-MAY..
-JUN..
-JUL. .
-AUG..
-SEP..
-OCT..
-NOV..
-DEC-.

•I
-I
-1
-I
-I
I

—JUI....|
-JUL....|
-AUG....|

* LOANS OUTSTANDING AT END OF PRECEDING MONTH.
RENEWALS AND COLLECTIONS INCLUDE SOME NONAGRICULTURAL LOANS




( S E E NOTE OH PAGE 3 ) .

10
TABLE 2 1 3 . 2 H

PRODUCTION C R E D I T A S S O C I A T
R E N E S A L S AND C O L L E C T I O N
S E A S O N A L L Y - A D J U S T E D ANNUAL
COLLECTIONS

I
1

1
|
J

MILLIONS

J
|
DOLLARS | _

OP

PERCENTAGE CHANGE
FROM P R E V I O U S

1-

AS PERCENTAGE OF
|
I
LOANS
COLLECTIONS
1 LOANS O U T MADE
AND RENEWALS
STANDING*

ILLIONS
OF
DOLLARS

|
1
|
1

PERCENTAGE CHANGE
FROM P R E V I O U S

AS P E R |
| CENTAGE OF
1| LOANS OUT-

MONTH

19. 1
14.4
20.8
7-2
2-2
9.9
-3-7
15.5
8.5
-2.8
25.3
12.5

54.
5353.
51.
48.
49.
48.
5149.
44.
5254.

33.
33.
323132.
31.
31.
33.
3232.
33.
33.

36.
35.
36.
34.
35.
32363635.
34.
35.
36.

10439.
10718.
10683.
10972.
1045912079.
9912.
10512.
11077.
10230.
11867.
11791.

-2.4
2.7
-.3
2-7
-4.7
15-5
-17.9
6.0
5-4
-7.6
16.0
- . 6

18.2
27.6
48.0
17.2
13.7
19. 3
-.7
7.3
2.0
-1. 1
29.3
10.2

9597.
96.
9791.
10585.
89.
9385.
97.
96.

1976-JAN..
-FEB..,
-MAR. .
-APR..
-HAY. .
-JUS..
-JUL..
-AUG..
-SEP..
-OCT.. --I
-NOV... .1
-DEC...

58585804.
5948.
5712.
55325700.
5553.
5983.
5835.
5352.
6326.

6662.

-1.1
-.9
2.5
-4.0
-3. 1
3. 0
-2.6
7.7
-2-5
-8.3
18.2
5.3

1977-JA N . . .
-FEB...
-MAR...
-APR.-.
-MAY...
-JUN...
—JUL. . .
-AUG...
-SEP...
-OCT...
-NOV...
-DEC..,

6578.
6700.
6793.
6494.
6258.
7081.
6167.
6359.
6911.
5850.
6917.
7152.

-1.3
1. 9
1.4
-4. 4
-3. 6
13.2
-12.9
3. 1
8.7
-15.3
18.2
3.4

12.3
15.4
14.2
13.7
13. 1
24.2
11.1
6.3
18.4
9.3
9.3
7.3

53.
54.
545148.
54.
46.
47.
50.
43.
50.
52.

343333.
32.
31.
34.
3232.
34.
31.
34.
35.

36.
36.
36.
36.
36.
38.
38.
34.
35.
32.
34.
34.

11480.
12010.
12111.
11411.
1127611713.
999512314.
12886.
12447.
13437.
14073.

-2.6
4-6
.8
-5.8
-1.2
3.9
-14.7
23-2
4-6
-3.4
8.0
4.7

10.0
12. 1
13.4
4.0
7.8
-3-0
.8
17- 1
16.3
21-7
13.2
19-4

9396.
96.
89.
8789.
75.
91.
94.
90.
97.
102.

6843.
7035.
7334.
7154.
7374.

-4.3
2. 8
4.2
-2-5
3. 1
-7. 8
1.5
5.5
-.9
-3.3
9.2
-1.4

4.0
5.0
8.0
10-2
17.8
-3.9
12-0
14-6
4.5
19-3
10-2
5-1

50.
52.
54.
52.
54.
4950.
5150.
48.
52.
50.

34.
333333.
3230.
30.
2929.
27.
30.
31.

34.
34.
33.
333332.
36.
33.
33.
30.
33.
33.

13552.
13714.
15145.
14278.
1527914451.
125031486 314449.
15972.
15596.
15029-

-3.7
1.2
10.4
-5.7
7.0
-5.4
-13.5
18.9
-2.8
10-5
-2.4
-3-6

18- 1
14.2
25-0
25. 1
35.5
23.4
25- 1
20-7
12. 1
28.3
16. 1
6.8

99.
100.
111.
104.
112.
105.
90.
105.
100.
109.
106.
100.

8475.
7881.
9267.
9331.
8641.

7.0
-2. 5
1. 5
-.5
1.3
-12.7
16.6
3.9
-7.0
17.6
.7
-7.4

17.5
1 1.4
8.5
10.6
8.7
2.9
18. 1
16.3
9- 1
32.7
22.4
15.0

5351.
51.
51.
51.
44.
50.
52.
47.
54.
53.
48.

30.
30.
30.
29.
28.
25.
27.
28.
2727.
2828.

33.
31.
31.
3030.
28.
31.
32.
32.
33.
34.
32.

1623517635.
17443.
18078.
18914.
18231.
17927.
18147.
16756.
18631.
18323.
18453.

8-0
8.6
-1.1
3-6
4.6
—3- 6
-1.7
1.2
-7.7
11.2
—1.6
.7

19.8
28.6
15-2
26-6
23-8
26.2
43.4
22. 1
16.0
16.6
17.5
22.8

107.
115.
113.
115.
119.
114.
110.
1 10.
100109.
105.
103.

9660.
9707.
8761.
9424.
10005.
10309.
10655.
10253.
10658.
10269.
9983.
10410.

11.8
.5
-9.7
7.6
6.2
3-0
3. 4
-3.8
4-0
-3-6
-2-8
4.3

20. 1
23.9
10. 1
19. 1
24.8
47.3
30.6
21.0
35.2
10.8
7.0
20.5

5352.
46.
49.
51.
52.
54.
52.
55.
53.
51.
53.

29.
29.
29.
30.
32333334.
3330.
32.
29-

33.
313234.
33.
33.
31.
32.
32.
31.
34.
32.

19754.
21228.
18210.
18624.
20727.
21291.
233042185022806.
23051.
19306.
21782.

7. 1
7.5
-14.2
2.3
11.3
2.7
9.5
-6.2
4.4
1. 1
-16.2
12.8

21.7
20.4
4.4
3.0
9.6
16.8
30.0
20.4
36. 1
23.7
5.4
18.0

107.
113.
96.
96.
106.
108.
119.
112.
117.
118.
99.
111.

-2.3
5.7
-3.8
5. 2
-7.7
3-4
21.5
-24.7
11. 5
. 4
-5.3
12.3

5.3
10-7
18-0
15-4
-4
-7
18.3
-7.5
-.8
3.4
.7
8.5

51.
53.
50.
52.
47.
49.
59.
44.
49.
49.
46.
52.

29.
30.
30.
30.
29.
3033.
29.
31333233-

3234.
323132.
31.
35.
30.
31.
33.
31.
30-

21584.
21315.
22355.
23740.
21617.
23120.
23639.
22529.
23290.
21318.
22436.
25958.

-.9
-1.2
4.9
6-2
-8.9
7.0
2-2
-4.7
3.4
-8.5
5.2
15.7

9.3
.4
22.8
27.5
4.3
8.6
1.4
3- 1
2. 1
-7.5
16.2
19.2

108.
105.
108.
113.
102.
108.
110.
104.
107.
98.
102.
119.

-12.3
9.8
5.6
1. 8
.8
-1.5
-5.2
. 4
-4.9
-10.9
12.2
-4.2

-2.6
1.2
11.0
7.5
17.4
11.8
-12.7
16.4
-.7
-11.9
4.4
-10.9

46.
5154.
55.
56.
55.
52.
52.
49.
44.
49.
48.

3333.
34.
34.
35.
33.
33.
33.
32.
33.
33.
33.

31.
32.
33.
34.
3635.
34.
3332.
3230.
29-

22392.
22703.
22838.
22582.
21299.
21707.
2112922218.
22609.
202512465824205-

-13.7
1-4
.6
-1.1
-5.7
1.9
-2.7
5.2
1.8
-10.4
21-8
-1.8

3.7
6.5
2.2
-4.9
-1.5
-6. 1
-10.6
-1.4
-2.9
-5.0
9.9
-6.8

104.
107.
108.
107.
101.
103.
100.
104.
106.
95.
115.
115.

-.4
-3.3
15.6
-5.2
2.3
-2.4
-2.9
-.8

1.2
-10.9
-2.4
-9.2
-7.8
-8.7
-6.4
-7.6

49.
48.
56.
53.
55.
54.
53.
52.

3233.
36.
36.
35.
35.
3533.

3031.
34.
34.
34.
34.
35.
33-

2338321848.
21486.
20162.
20957.
20139.
19084.
21140.

-3.4
-6. 6
-1.7
-6.2
3.9
-3.9
-5.2
10.8

4.4
-3.8
-5.9
-10.7
-1.6
-7.2
-9.7
-4.9

114.
108.
107.
101.
107.
103.
98.
108.

-I
•I
-I

1978-JAN...
-FEB..
-MAR...
-APR...
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..
1979-JA N..
-FEB..
-HAH. -APR-.
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..
1980-JAN..
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

-1
I
-I
-I
-I
-I
-1
-1
-I
-1
I
-I
-I
•I
-I
-1
-I

6802.
6907.
7287.
7223.
6982.
7625.
7517.

-J
-i
-I
-J

•-I
-I
I
8040.
•-I
• - I7836.
7956.
..I
. - I 7915.

8017.
6999.

..I

8160.

..I
.-I
.-I

•-I
..I
.-I

1

-.1
--1

-.I

--I
--I

.-I
1
10170.
• • I1 0 7 4 8 .
10341.
- - I1 0 8 7 0 .

198 1 - J A N - . - - I
-FEB..
-MAR.. - - 1
-APR..
-MAY.. • • J
-JUN.. - . 1
-JUL..
-AUG..
-SEP. > . - I
-OCT-. • • • I
-NOV. . . . I
-DEC.

10040.
10379.

-I 1 2 6 0 7 .
• - I 9488.

10577.

10620.
10058.

- - I1 1 2 9 1 .

1982-JAN.
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC

9903.
10873.
1148111690.
11784.
11607.

1983-JAN.
-FEB.
-MAR
-APR
-MAY
- J U N I. . . . I
-JUL . . . |
-AUG . . . I

10026.

11001.
11048.
10504.
9358.
1050210065.

L_

•

9691.
11203.
10619.

10860.
10601.
10293.
10209.

S E A S O N A L L Y - A D J U S T E D LOANS OUTSTANDING AT END OF P R E C E D I N G

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




SOME HONAGRICULTURAL LOANS

MONTH(SEE

NOTE ON PAGE 3 ) .

11
TABLE 2 1 3 . 3 f l

YEAR
ENDING—

PRODUCTION CREDIT A S S O C I A T I O N S
RENEWALS AND COLLECTIONS
TWELVE-MONTH MOVING TOTAL
1
1
1
| MILLIONS
|
OF
DOLLARS
1
1

RENEWALS

COLLECTIONS

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

CHANGE FROM
PREVIOUS YEAR

AS PERCENTAGE OF

PERCENT

LOANS OUTSTANDING*

LOANS
MADE

COLLECTIONS
AND RENEWALS

I
MILLIONS 1
OF
|
DOLLARS | M I L L I O N S
OF
1
J
DOLLARS

PERCENT

|
AS
|I PERCENTAGE
II
OF
I| LOANS OUT|
STANDING*
I

1
197 6 - J A N
|
-FEB
1
-MAR,...J
—APR....|
-MAY
|
-JUN
I
-JUL
1
-AUG
|
-SEP
1
-OCT
|
-NOV
|
-DEC
J

5368.
5462.
5606.
5656.
566756955681.
5718.
5738.
57205805.
5886.

900.
857.
862.
788.
"Ml.
*77.
635.
646.
641.
606.
685.
638.

20. 1
18.6
18.2
16.2
14.4
13.5
12.6
12.7
12.6
1 1.8
13.4
12. 1

52.
52.
535353.
5252.
51.
51.
50.
50.
51.

33.
3 3.
33.
33.
3 333.
32.
32.
32.
32.
32.
32.

3636.
36.
36.
35.
35.
35.
35.
35.
3535.
35.

9670.
9843.
10142.
10272.
10367.
10510.
10477.
10508.
10516.
10494.
10771.
10888.

1501.
167020022025.
2013.
1945.
1763.
1695.
1460.
1285.
1467.
1387.

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

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

1 977-JA N
|
-FEB....|
-MAR
|
-APR-..-|
— MA Y . . • . |
-JUN
|
-JUL
|
-AUG
|
-SEP
1
-OCT
|
-NOV
|
-DEC
|

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

605.
627.
607.
645.
692.
743.
782.
765.
796.
834.
779.
743.

11.3
11.5
10.8
11.4
12.2
13.0
13.8
13.4
13.9
14.6
13.4
12.6

51.
51.
5252.
5252.
5251.
51.
51.
50.
50.

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

35.
3536.
36.
36.
36.
36.
36.
36.
36.
36.
35.

1 1001.
11101.
11234.
11268.
11338.
11323.
11311.
11426.
11557.
11783.
11943.
12164.

1331.
1258.
1092.
996.
971.
813835918.
1041.
1289.
1172.
1276.

13.8
12.8
10.8
9.7
9. 4
7.7
8.0
8.7
9.9
12.3
10.9
11.7

94.
94.
94.
93.
93.
92.
90.
90.
9091.
91.
92.

1978—JAN
|
-FEB
|
~ MAR.
|
-APR
|
-MAY
1
-JUN
|
-JUL.---]
-AUG
|
-SEP
|
-OCT
|
-NO?
|
-DEC
|

6656.
6704.
6785.
6864.
6951.
694 2 .
6978.
7025.
7041.
7-098.
7134.
7162.

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

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

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

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

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

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

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

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

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

1979-JAN
|
-FEB
|
—HAS....|
-APR
1
— HA Y . . . . |
-JUN
|
-JUL...•|
-AUG.
|
-SEP
|
-OCT
J
-NOV
|
-DEC
|

7302.
7403.
7488.
7584.
7641.
7661.
7724.
7788.
7821.
7941.
8041.
8152.

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

9.7
10.4
10.4
10.5
9.9
10.4
10.7
10.8
11. 1
11.9
12.7
13.8

51.
5252.
5252.
51.
51.
51.
50.
50.
50.
50-

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

33.
33.
33.
3332.
3232.
32.
32.
32.
31.
31.

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

2524.
2678.
2607.
2679.
2649.
2719.
2926.
2985.
30432962.
30203263.

20.4
21.4
20.4
20.6
19.9
20-2
21.4
21.6
21.8
20.7
20.8
22. 3

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

1980-JAN
1
-FEB
J
-MAR.... 1
—APR....|
-MAY
|
-JUN
1
-JUL
|
—AUG...•|
-SEP
|
-OCT.... 1
-NOV
1
-DEC
1

8336.
8563.
8673.
8856.
9017.
9221.
9345.
9438.
9570.
9622.
9650.
9834.

1033.
1160.
1185.
1272.
1376.
1559.
1621.
16501749.
1682.
1609.
1682.

14.2
15.7
15.8
16.8
18.0
20.4
21.0
21.2
22.4
21.2
20.0
20-6

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

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

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

18275.
18520.
18573186171873 8.
18960.
19327.
19596.
20068.
20516.
20613.
20955.

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

22.5
21.9
20.7
18.8
17.6
17.0
16.5
16.5
18. 1
18.8
17.5
17.2

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

198 1 - J A N
|
-FEB.
1
— MAR. a . . |
-APR
I
-MAY
|
-JUN
|
-JUL....1
-AUG
|
-SEP
|
-OCT
|
-NOV
|
-DEC
|

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

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

18.5
16.7
17.7
17.3
15.4
13.0
12.6
11.1
9.6
9. 1
8-7
7.6

51.
51.
52.
52.
5252.
52.
51.
51.
50.
50.
50.

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

3232.
323232.
323232.
32.
32.
3232.

21183.
21171.
21499.
21887.
21935.
22071.
2208122141.
22185.
2199922320.
22753-

2908.
26522926.
32703197.
3111.
2753.
2546.
2117.
1483.
1708.
1798.

15.9
14. 3
15.8
17.6
17. 1
16.4
14.2
13.0
10.5
7.2
8.3
8-6

109.
108.
109.
1 10.
110.
1 10.
109108.
107.
105.
106.
107.

1982-JA N
|
-FEB
1
-MAR
|
—APR....|
-HAY... . |
-JON
1
-JUL
|
-AUG
|
-SEP
|
-OCT
|
-NOV
1
-DEC....I

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

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

6. 6
5.4
4.8
4.0
5.2
5.8
4. 1
5.2
5-2
4.4
4.7
2.5

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

31.
31.
32.
32.
33.
33.
33.
33.
3333.
3333.

32.
31.
32.
32.
32.
33.
33.
33.
33.
33.
3333-

22858.
22940.
22973.
22885.
22843.
22745.
22558.
225502250722389.
2261722463-

1675.
1769.
1474.
998.
908.
674.
477.
408.
322.
390.
297.
-290.

7.9
8.4
6.9
4.6
4. 1
3. 1
2. 2
1.8
1.5
1.8
1.3
-1.3

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

1983-JAN
|
-FEB
|
-MAR.
1
-APR
|
—HAY....|
-JUN.
1
-JUL
1
-AUG
1

10848.
10700.
10669.
10558.
1049010433.
1039810356.

319.
164.
-30.
-247.
-456.
-598.
-557.
-678.

3.0
1-6
-.3
-2.3
-4.2
-5.4
-5. 1
-6. 1

51.
51.
51.
51.
51.
51.
51.
51-

33.
33.
33.
3333.
34.
3434.

32.
3232.
3232.
32.
32.
32.

225762250422395.
22215.
22178.
2206621919.
21847.

-283.
-436.
-577.
-671.
—666.
-679.
-638.
-703.

-1.2
-1.9
-2.5
-2.9
-2.9
-3.0
-2.8
-3. 1

107.
107.
107.
106.
107.
107.
107.
107.

* AVERAGE LOANS OUTSTANDING DURING THE PRECEDING TWELVE MONTHS
RENEWALS AND C O L L E C T I O N S INCLUDE SOME NGNAGRICULTURAL LOANS




(AVERAGE OF END-OF-HONTH D A T A ) .

( S E E NOTE ON PAGE 3 ) .

12
TABLE 2 2 1 . 1 M

FBDB8AL LAND BANKS
LOANS OUTSTANDING
|

AMOUNT
END OP
MONTH

MILLIONS
END OF
MONTH

OF DOLLARS

1
I
| CHANGE FROM PREVIOUS J
1
1
YEAR
1
J
MONTH

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAR

AVERAGE S I Z E

NUMBER OF LOANS

1
1
1
1
| THOUSANDS|
1
1
1
1

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

YEAR

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEM

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

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

2534.
2490.
2521.
2505.
2467.
2465.
24782474.
2464.
2436.
2483.
2510.

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

18.6
17.9
17.8
17.3
16.8
16.5
16.4
16. 1
15.9
15-5
15.7
15.7

i
|
|
|
|
J
|
|
|
|
|
J

443.2
443.7
445.1
446.0
447-0
448.2
449.0
449.9
450.4
450.7
450.6
450.8

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

3. 1
2.8
2.7
2-5
2-3
2-2
2. 1
2.0
1.9
1.9
1.8
1.8

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

15.0
14.7
14.7
14.5
14.2
14.0
14. 0
13. 8
13.7
13.4
13.6
13.6

18693.
18922.
19331.
19625.
19917.
20190.
20441.
20658.
20874.
21057.
21258.
21466.

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

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

.9
1.2
2.2
1. 5
1.5
1.4
1.2
1. 1
1.0
.9
1.0
1.0

15.5
15.6
15.8
15.8
16. 1
16.0
16.0
16-0
16. 1
16.0
16.0
15.9

|
J
|
|
|
J
|
|
|
|
I
1

450.9
451.5
452.9
453.8
454.8
456.0
457.0
457.8
458.6
459.1
459.2
459.5

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

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

4 1457.
41909.
42684.
432434 3792.
44273.
4473245124.
45519.
45868.
46289.
46714.

13.5
13.6
13.8
13. 8
14. 1
14. 0
14.0
14. 0
14.0
13.9
13.8
13.7

2167 2.
21896.
22234.
22481.
22807.
2313123395.
23678.
23939.
24211.
24461.
24668.

206.
224.
338247.
326.
324.
264.
283.
261.
272.
250.
207.

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

1.0
1.0
1.5
1. 1
1.4
1.4
1. 1
1-2
1. 1
1. 1
1.0
.8

15.9
15.7
15.0
14.6
14.5
14.6
14.5
14.6
14.7
15.0
15. 1
14.9

|
|
|
|
]
J
|
|
|
|
|
|

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

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

2.0
2.0
1.9
1.8
1.8
1.9
2.0
2. 1
2. 1
2.3
2.4
2.5

47136.
47559.
48193.
48680.
49247.
49787.
50213.
50677.
51104.
51564.
52010.
52355.

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

25053.
25358.
25851.
26294.
26781.
27261.
27658.
28103.
28430.
2885929259.
29725.

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

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

1.6
1.2
1.9
1.7
1.9
1.8
1.5
1.6
1.2
1.5
1-4
1.6

15.6
15.8
16.3
17.0
17.4
17-9
18.2
18.7
18.8
19.2
19.6
20.5

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

472.5
473.8
476.0
477.8
480.0
482.4
#84.6
486.9
488.7
490.9
492.4
494.9

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

2.8
2.9
3.2
3.5
3.6
3.8
4.0
4.2
4-3
4.5
4.7
5.0

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

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

1980-JA N
-FEB... .
— MAR... .
-APR
-MAY
-JUN... .
—JUL....
-AUG....
-SEP....
-OCT
-NOV
-DEC.....

30268.
30840.
31603.
32425.
33154.
33681.
3416734506.
34852.
35235.
35554.
36032-

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

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

1.8
1.9
2.5
2.6
2.2
1.6
1. 4
1.0
1.0
1. 1
-9
1.3

20.8
21.6
22.3
23.3
23.8
23.6
23.5
22.8
22.6
22. 1
21.5
21.2

|
|
|
|
1
|
|
1
|
i
!
|

497.6
500.3
504.1
508.7
512.7
515.6
517.8
519.4
521.0
522.7
523-8
525.8

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

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

60831.
61643.
62687.
6374464665.
65323.
65980.
66434.
66892.
67409.
67873.
68525.

14.7
15.2
15.4
15.8
15. 9
15.6
15.6
15. 1
15.0
14.7
14.2
14. 1

1981-JAN
-FEB....
-MAR... .
-APR.
-MAY
- JU N . . . . .
- JUL. . . »
-AUG
-SEP
-OCT
-NOV
-DEC... .

36594.
37188.
38030.
3881839568.
4028040969.
41516.
42103.
42702.
43212.
43658.

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

6326.
6348.
6426.
6394.
6413.
6599.
6802.
7010.
7250.
7467.
7658.
7626.

1.6
1.6
2.3
2. 1
1.9
1.8
1.7
1.3
1-4
1.4
1-2
1.0

20.9
20.6
20-3
19.7
19.3
19.6
19.9
20.3
20.8
21.2
21.5
21. 2

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

528-3
530.8
534.7
538-1
541.5
545.1
548.3
551.2
554.4
557.3
559-5
561.4

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

6.2
6.1
6.1
5.8
5.6
5.7
5.9
6.1
6.4
6.6
6.8
6.8

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

13.9
13.7
13.«
13.2
13.0
13. 1
13.3
13.4
13.5
13.7
13.8
13.5

1982-JAN
-FEB
-MAR....
-APR... .
-MAY
-JUN
- JUL... - .
-AUG
-SEP. . ...
-OCT....
-NOV.. . .
—DEC....

44063.
44462.
45074.
45506.
45895.
46316.
4658346817.
4695447088.
47206.
47282.

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

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

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

20. 4
19.6
18.5
17.2
16.0
15.0
13-7
12.8
11.5
10.3
9.2
8.3

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

563.1
564.6
566.9
568.8
570.6
572.5
573.9
575-0
575.7
576.0
575.8
575.4

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

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

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

13.0
12.4
11.8
10.9
10. 1
9.5
8.6
8. 1
7.4
6.7
6.2
5.7

198 3 - J A N . . . .
-FEB....
—MAR....
— AP R . . .
-MAY....
—JUN..• .
-JUL....
-AUG

47273.
47339.
47485.
47610.
47710.
47828.
47901.
47972.

-9.
67.
145.
125.
100.
118.
73.
70.

3209.
2877.
2411.
2104.
1815.
1513.
1319.
1154.

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

7.3
6.5
5.3
4.6
4.0
3.3
2.8
2.5

|
|
|
|
|
|
|
1

574.7
574.3
574.3
574.3
574.0
573-7
573.7
573.5

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

2. 1
1.7
1.3
1.0
.6
.2
-.0
-.3

82260.
82436.
82689.
82907.
83112.
83368.
83488.
83647.

5. 1
4. 7
4.0
3.6
3.3
3. 1
2.9
2.7

1976-JAN
- FEB
-MAR
-APR....
-MAY... .
— JU N. . a .

'ill::::

-SEP....
-OCT
.
-NOT..-.
-DEC....
1977-JAN
-FEB....
—MAR....
-APR....
-MAY.
-JUN
-AUG.
-SEP.
-OCT
-NOV
-DEC
1 978-JAN
-FEB
-MAR....
-APR
-MAY
- JUL.. . .
-AUG
-SEP
-OCT
-NOV. ... .
-DEC
1979-JA N
- FEB. . . •
-MAR....
-APR... .

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




TABLE 2 2 1 . 2 H

FEDERAL LAND BANKS
LOANS OUTSTANDING
SEASONALLY-ADJUSTED DATA
AMOUNT
BILLIONS

END OP
HONTfl

1
*
END OF
MONTH

OF DOLLARS

|
!
1 CHANGE FROM P R E V I O U S !
1
1
1
HONTH
TEAR
1
1
(Wft) , .
.
1

|
PERCENTAGE CHANGE
FROM PREVIOUS
MONTH
(SAAB)

YEAR

NUHBER OF LOANS

1
1
I
1
| THOUSANDS]
1
1
I
1
1
1

AVERAGE S I Z E

PERCENTAGE CHANGE
FROM P R E V I O U S
MONTH
(SAAR)

DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

YEAR

1976-JA N
1
-FEB
|
-MAR..... |
- AP8
|
-HAY
|
- J UN
1
-JUL--..|
-AUG.... |
-SEP
J
-OCT
|
-NOV.... |
-DEC....|

16296.
16494.
16725.
16933.
17105.
17311.
17525.
17725.
17933.
18142.
18367.
18616.

2687.
2530.
3005.
2670.
2 ' 34.
2643.
2749.
2561.
2657.
2681.
2883.
3230.

2553.
2511.
2520.
25002455.
2446.
2462.
2460.
2461.
2440.
2497.
2528-

16.7
15.5
18.2
16.0
12.9
15.5
15.9
14.6
15.0
14.9
15.9
17.6

18.6
18-0
17.7
17.3
16.8
16.5
16.3
16. 1
15-9
15.5
15.7
15.7

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

444.2
444.8
445.7
446.5
447.0
447.6
448.2
44 8 . 9
449.5
450.1
450.6
451.4

2.7
1.7
2.4
2.1
1.5
1.6
1.6
1.9
1.6
1.6
1.5
2.0

3. 1
2-8
2.7
2.5
2-3
2-2
2-1
2.0
1-9
1.9
1-8
1-8

36686.
37079.
37525.
37926.
38265.
3867539101.
39486.
39897.
40309.
40756.
41242.

15. 1
14.8
14.7
14.5
14. 1
14.0
14.0
13.8
13.7
13.4
13.6
13.6

1977-J A N
|
-FEB
|
-MAR
1
-APS
|
-HAT. . . . |
-JUN
J
-JUL
\
-AUG
|
-SEP....J
-OCT
i
-NOV
|
-DEC.... |

18818.
19066.
19357.
19604.
19846.
20072.
20324.
20563.
20823.
21058.
21320.
21582.

2572.
3199.
3807.
3176.
3114.
2886.
3242.
3052.
3348.
3006.
3363.
3376.

2522.
2572.
2632.
2671.
2741.
2761.
2799.
2837.
2890.
29162953.
2966.

13.8
17.0
20.0
16.4
15.9
14.5
16.2
15.0
16.3
14.4
16.0
15.8

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

1
|
1
|
J
|
|
|
|
|
|
I

451.9
452.7
453.5
454.2
454.8
455.4
456. 1
456.8
457-7
458.6
459-3
460-2

1.5
1.9
2.2
2.0
1.4
1.8
1.7
2-0
2-3
2-2
2. 1
2-2

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

41638.
42120.
4268643157.
43641.
44072.
44561450104549345923.
46413.
46901.

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

197 8 - J A N
|
-FEB.. . . |
-MAR
|
-APR....|
-MAY
|
-JUH-...I
—JUL.e..|
-AUG....|
-SEP..,. . |
-OCT....|
-NOV....J
-DEC....|

21820.
22062.
22264.
22450.
22716.
22985.
23258.
23569.
23890.
24219.
24535.
24808.

3025.
3094.
2545.
2337.
3409.
34 5 3 .
3490.
4024.
4149.
4259.
4084.
3488.

3002.
2996.
2906.
2846.
2869.
2913.
29333007.
3067.
3161.
3216.
3226.

14.0
14.2
11.5
10.5
15.2
15.2
15.2
17.3
17.6
17.8
16.9
14.2

16.0
15.7
15.0
14.5
14.5
14.5
14.4
14.6
14.7
15.0
15. 1
14.9

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

460-8
461.6
461.9
462.1
463.0
463.9
465.0
466.3
467.7
469.1
470.4
471.9

1-7
2.0
.9
.5
2-3
2-5
2-9
3-2
3-6
3.7
3-5
3-9

2.0
2.0
1.9
1.7
1.8
1.9
2.0
2.1
2-2
2.3
2.4
2.5

47349.
47797.
48199.
48580.
49063.
49543.
50013.
50548.
51084.
51632.
52159.
52574.

13.7
13.5
12.9
12.6
12.4
12.4
12.2
12.3
12- 3
12.4
12.4
12. 1

1979-JAN....|
-FEB. . . . J
-HAH....|
-APB....1
-MAY
|
-JUN.... |
-JUL....|
-AUG.... |
-SEP....|
-OCT... . |
-NOV.... |
-DEC
|

25223.
25546.
25888.
26254.
26668.
27082.
27494.
27977.
28380.
28870.
29346.
29900.

5459.
4164.
4417.
4755.
5424.
5412.
5378.
6389.
5243.
6469.
6249.
7392.

3403.
3484.
3624.
3805.
3953.
4097.
4237.
4408.
4491.
4652.
4810.
5092.

22.0
16.5
17.3
18.4
20.7
20.3
19.9
23.2
18.7
22.8
21.6
25.2

15.6
15.8
16.3
16.9
17.4
17.8
18.2
18.7
18.8
19.2
19.6
20-5

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

473.6
475.0
476.6
478.1
479.8
481.7
483.7
486.0
488-0
490-4
492-4
495-7

4.4
3.7
4. 1
3.7
4.5
4.8
5.1
5.7
5.1
6.1
5.1
8.1

2-8
2-9
3-2
3-5
3.6
3-8
4.0
4.2
4.3
4-5
4.7
5.0

53261.
53780.
54318.
54918.
55579.
5622256839.
57571.
58157.
58871.
59591.
60324.

12.5
12.5
12.7
13.0
13.3
13.5
13.6
13.9
13-8
14.0
14.2
14.7

1980-JAN
|
-FEB
|
-MAB
1
-APR....|
-HAY..... 1
-JUN.... |
-JUL
|
— AUG. . . . |
-SEP
|
-OCT
1
-NOV... . |
-DEC
1

30468.
31060.
31655.
32379.
33021.
33471.
33979.
34370.
34782.
35234.
35645.
36236.

7576.
7916.
7940.
9863.
8602.
5823.
6637.
4993.
5289.
5827.
5254.
7787.

5245.
5514.
5767.
6125.
6352.
6389.
6485.
6393.
6402.
6364.
6299.
6336.

25.3
26.0
25.6
31.2
26.6
17.6
19.8
14.7
15.4
16.8
14.9
21.8

20-8
21-6
22.3
23.3
23.8
23.6
23.6
22.8
22.6
22.0
21.5
21.2

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

498.7
501.6
504.8
509.0
512.6
515.0
517.1
518.6
520.0
522.0
523.7
526.5

7.5
7.3
7.8
10.4
8.9
5-8
4.9
3.7
3.3
4-7
3-8
6-7

5.3
5.6
5-9
6-5
6.8
6.9
6.9
6.7
6.6
6.5
6.3
6.2

61099.
61921.
62712.
63618.
64420.
64992.
65715.
66268.
66884.
67492.
68066.
68824.

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

1981-JA H
|
-FEB
1
-MAR
J
-APR... . |
-HAT. . . - |
-JON
|
-JUL
|
-AUG....|
-SEP....|
-OCT.... |
-NOV
1
-DEC
|

36825.
37443.
38094.
38753.
39400.
4001240717.
41317.
42060.
42729.
43338.
43922.

7729.
8143.
8600.
8711.
8507.
8014.
9324.
7817.
9852.
8762.
7913.
7553.

6357.
6383.
6439.
6374.
6379.
65416738.
6947.
7278.
7495.
7693.
7686.

21.3
22.1
23.0
22.9
22.0
20.3
23.3
19.2
23.8
20.8
18.5
17-4

20.9
20.5
20.3
19.7
19.3
19.5
19.8
20.2
20.9
21.3
21.6
21.2

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

529.3
532.2
535.4
538.2
541.2
544. 1
547.1
549.9
553.8
557.0
559.6
562.4

6.6
6.7
7.5
6.5
6.8
6.7
6.6
6.5
8.9
7.1
5.8
6.0

6. 1
6.1
6. 1
5-8
5-6
5-7
5-8
6-0
6.5
6.7
6.9
6.8

69568.
70355.
71150.
72001.
72802.
73534.
74429.
75132.
75943.
76713.
77441.
78104.

13.9
13.6
13.5
13.2
13.0
13. 1
13.3
13.4
13.5
13.7
13.8
13.5

1982-JAN.a.u|
-FEB....|
-HAR....1
-APR.. . «|
-HAY....J
-JUN....|
-JUL....|
— AUG. . . . |
-SEP. . . . 1
-OCT.
|
-NOV.... 1
-DEC....|

414344.
44762.
45152.
4543045709.
46022.
46299.
46595.
46907.
47115.
47336.
47564.

5335.
5287.
4909.
3449.
3466.
3902.
3433.
3681.
3881.
2561.
2722.
2814.

7519.
7319.
7058.
6676.
6309.
6010.
5582.
5278.
4846.
4386.
3998.
3642.

12- 1
11-9
11-0
7.6
7-6
8.5
7-5
8-0
8-3
5-5
5.8
5.9

20.4
19.5
18.5
17.2
16.0
15.0
13.7
12.8
11.5
10.3
9.2
8.3

|
|
|
|
|
I
|
|
|
]
1
1

564.3
566.1
567.7
568.9
570.2
571.6
572.6
573-7
575. 1
575.6
575.9
576.3

4.3
3.8
3.4
2.6
2.7
2.9
2.2
2.3
3.1
1.1
.5
.9

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

78575.
79070.
79536.
79853.
80163.
80520.
80856.
81221.
81558.
81847.
82196.
82529.

12.9
12.4
11.8
10.9
10. 1
9.5
8.6
8. 1
7.4
6.7
6. 1
5.7

1983—JAN....|
-FEB....|
-MAR....|
-APR.... |
-HAY... . |
-JUN... . |
-JUL....|
— AO G . . . . |

47570.
47653.
47569.
47540.
47535.
47550.
47631.
47771.

66.
1002.
-995.
-351.
-56.
183.
979.
1705.

3226.
2891.
2417.
2110.
1826.
1528.
1332.
1176.

-1
2. 1
-2. 1
-.7
-. 1
.4
2. 1
3.6

7.3
6-5
5-4
4.6
4.0
3.3
2.9
2.5

|
|
|
1
1
|
|
|

576.0
575.8
575.1
574.5
573.8
573.0
572.7
572.5

-.7
-.3
-1.6
-1.2
-1.4
-1.8
-.5
—.6

2.1
1.7
1.3
1.0
.6
.2
.0
-.2

82589.
82755.
82719.
8274 8.
82839.
82990.
83165.
83449.

5. 1
4.7
4.0
3.6
3.3
3. 1
2.9
2.7




14
TABLE 2 2 2 . 1 M

FEDERAL LAND BANKS
LOANS CLOSED
|
1

HONTH

I
1.
1
1
1

1
I
1 CHANGE FROM P R E V I O U S |
I
1
YEAH
1
MONTH
1

MILLIONS
CLOSED
IN
MONTH

OF DOLLARS

PERCENTAGE CHANGE
FROM PREVIOUS

AVERAGE S I Z E

NUMBER OF LOANS

j
|
1
|
1 THOUSANDS]
|
|
1
1

MONTH

YEAR
-1.3
-. 1
20.1
10.0
-4. 1
8.7
10.9
11.2
4. 1
-1.9
33-7
36.7

|
|
|
|
]
|
1
|
|
|
1
|

PERCENTAGE CHANGE
FROM PREVIOUS

DOLLARS

PERCENTAGE
CHANGE
FROM
PREVIOUS
YEAR

MONTH

YEAR

4.8
4-5
6.4
5.4
4.9
5.2
4.5
4.4
4.2
4. 1
4.5
5.0

-3-6
-7.2
42.8
-15.7
-9.3
6. 1
-13.9
-2.0
-4.6
-1.7
9.0
13.0

-13.3
-12.6
11.2
-2.6
-8.3
.9
-6. 2
9-0
-3.0
-7. 1
20.0
1.0

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

13.8
14.3
8-0
13.0
4-6
7.7
18.3
2.0
7.3
5.7
11.4
15.6

197 6 - J A N
|
-FEB....|
"MAR....|
-APR..-.|
-MAT
1
-JUN.
»
—JUL.—..4
-AUG
1
-SEP
|
-OCT
|
-NOV
|
-DEC
|

393.
347.
528436.
364.
405367.
321.
323.
314.
351.
438.

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

8840.
-15.
3236.
32.
13.
-6.
88.
63.

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

1 977-JAN. . . . J
-FEB...-|
-MAR
1
-APR.-..#
-MAY
|
-JUN
1
-JUL---.J
— AUG— — . — J
-SEP
|
-OCT..-.J
-NOV
|
-DEC-. . - J

464429.
679.
521.
518.
506.
492.
403.
380.
359.
419.
449.

26.
-34.
249.
-158.
-3.
-12.
-14.
-89.
-23.
-21.
6030.

71.
83.
15185155101125825745.
68.
11-

6.0
-7.4
58- 1
-23-2
-.6
-2.4
-2.7
-18.2
-5.7
-5.6
16.8
7.2

18.0
23.8
28-7
19.4
42-5
24.9
34. 1
25.6
17.5
14.4
19.5
2-6

|
1
|
t
|
1
|
|
1
|
|
|

4.9
4.7
6.8
5.6
5-8
5.9
4.8
4.8
4.5
4.4
4.8
5.0

-2.3
-4.3
44. 1
-17.3
3.2
1. 1
-18.5
.5
-7.3
-2.2
11.1
3.2

2-4
5.6
6.6
4.6
19.0
13.4
7.3
10. 1
7.0
6.4
8.5
-.9

94058.
91013.
99833.
9264089273.
86233.
102888.
83792.
85203.
82240.
86442.
89729.

15. 3
17.2
20.7
14. 1
19-8
10.2
24.9
14. 1
9.8
7.5
10. 1
3-5

1978-JA N
-FEB

503.
433.
619.
492571560.
462481455.
486.
470483-

54.
-70.
186.
-127.
79.
-11.
-98.
19.
-26.
31.
-16.
13.

394.
-60.
-29.
52.
54.
-30.
78.
75.
12751.
34-

12.0
-13.9
42.9
-20.5
16.0
-1.9
-17.5
4. 1
-5.4
6.8
-3.2
2.7

8.4
.8
-8.8
-5.6
10. 1
10.6
-6.2
19-3
19.8
35-5
12-3
7-6

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

4-9
4.5
5.9
4.9
5.9
5-9
4.8
5-3
4-7
5.2
5.2
5.2

-1.7
—8.6
31.2
-16.8
19.7
-3
-17.7
10.0
-12.7
12.4
-1.3
-.2

-.2
-4.7
-13.3
-12.8
1.2
-4
1.3
10.9
4.4
19.9
6.5
3.0

102187.
96334.
104921.
100255.
97164.
95029.
95272.
90130.
97744.
92918.
9108793784.

8.6
5-8
5- 1
8. 2
8.8
10.2
-7.4
7.6
14.7
13-0
5.4
4.5

52-0
-27.7
50.5
-8.2
7.8
-5-4
-12.0
5.2
-24.2
31.7
-.9
17.8

46. 1
22.6
29. 1
49-0
38.5
33.5
42-3
43-9
15-3
42-2
45-6
67-0

|
|
1
|
|
|
I
|
|
t
|
|

6.2
5.0
6.9
6.1
6.9
6.6
6.2
6.4
5.2
6.4
5.7
6.6

20.7
-20.4
39.4
-11.5
13.7
-4.5
—6.3
3-2
-19.7
24.2
-10.5
15.3

26.4
10.2
17-1
24-6
18-3
12-7
28-3
20-4
10-8
22-5
11-0
28.3

118095.
107147.
115682.
119910.
113716.
112593.
105705.
107772.
101719107817119449122095-

15.6
11.2
10.3
19.6
17.0
18.5
10.9
19.6
4- 1
16-0
31. 1
30.2

|
|

-APR
-MAY....
-JUN
-JUL
-AUG
-SEP
-OCT
-NOV... .
-DEC.

-5.

1
1
|
1
|
1
|
|
|
1
1979-JAN
|
-FEB
|
MA H. . i . |
-APR
|
-HAT
|
-JUN
|
-JUL
|
-AUG
J
-SEP
|
-OCT
|
-NOV
J
-DEC
|
1
1980-JA M
|
-FEB
|
—•MAR- . . . J
— APR.. — . 1
-MAY
1
-JUN
1
-JUL-..-|
-AUG....|
-SEP
1
-OCT
|
-NOV
J
-DEC
1

734.
531.
799.
73 3790.
748.
657.
692.
525.
691685.
807-

251.
-204.
268.
-66.
57.
-43.
-90.
34.
-167.
166.
-6.
122.

23298.
180.
241.
219.
188.
196.
211.
70.
205.
215.
324.

970.
8561074.
1129.
1010.
803.
736.
522568.
629.
544.
777.

164.
-114.
218.
55.
-119.
-207.
-67.
-214.
46.
61.
-85.
233.

236.
326.
275.
396.
220.
56.
79.
-170.
43.
-62.
-141.
-30.

20.3
-11.8
25.4
5. 1
-10.5
-20.5
-8.3
-29. 1
8.8
10.7
-13.5
4 2-8

32- 1
61.4
34.4
54.0
27.8
7.4
12.0
-24.5
8.3
-9.0
-20.6
-3.7

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

7.4
6.4
8.0
8.9
7.7
6.4
5.4
4.4
4.8
5.3
4.5
6.2

12-6
-13.7
23.9
11.2
-13.1
-17.1
-15.4
-19.0
9.3
11.8
-15.3
36.9

19-7
29.8
15.3
45.0
10.8
-3.9
-13.2
-31.9
-7.3
-16.6
-21.0
—6. 2

130356133238.
134819127389.
131180.
125832136332.
119406.
118779.
117679.
120112.
125298.

10.4
24.4
16.5
6.2
15.4
11.8
29-0
10.8
16-8
9. 1
.6
2.6

198 1 - J A N
|
-FEB
J
— MAR.•. . |
— APR- . — — |
-MAT
1
-JUN
t
-JUL-... |
-AUG...-J
-SEP
1
-OCT
|
-NOV
|
-DEC
|

961.
913.
1206.
1152.
1050.
1032.
986768.
858.
866.
778804.

184.
-48.
293.
-54.
-102.
-19.
-46.
-218.
91.
7.
-87.
26.

-10.
57.
132.
24.
40.
228.
250.
245.
290.
237234.
28.

23-7
-5.0
32.1
-4.4
-8.9
-1.8
-4.4
-22. 1
11.8
.9
-10. 1
3.3

-1.0
6.6
12.3
2. 1
4.0
28.4
33.9
47.0
51. 1
37.7
43.1
3.6

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

6.5
6.0
8.4
7.6
7.2
7.5
6.7
5.9
6.3
6.2
5.7
6.1

4.1
-7.0
40.1
-9-5
-5.5
4-3
-10.8
-11-0
6-1
-1.5
-8.9
7-3

-13.3
-6.7
5.5
-14.2
-6.7
17.3
23.8
35.9
31.9
16.2
25.0
-2.0

148923.
152246.
143502.
151602.
146184.
137739.
147517.
129112.
136077.
139383.
137537.
132490.

14-2
14-3
6.4
19.0
11.4
9.5
8.2
8. 1
14.6
18-4
14.5
5.7

1982-JAN
|
-FEB
1
-MAR
1
-APR..-- |
-MAY
1
-JUN
|
—JUL-n a — |
-AUG....|
-SEP....|
-OCT... . |
-NOV....J
-DEC
1

832.
686.
986758665.
694.
508.
466.
384.
349.
386.
415.

27.
-146.
301.
-228.
-93.
29.
-186.
-43.
-82.
-35.
37.
29.

-129.
-227.
-219-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

3.4
-17.5
43.8
-23.2
-12.3
4. 4
-26.7
-8.4
-17.6
-9.0
10.5
7.5

-13.5
-24.9
-18.2
-34.2
-36.7
-32.7
-48.4
-39.3
-55.3
-59.7
-50.4
-4 8.4

I
1
J
|
1
1
|
I
I
I
1
|

5.4
4.6
6.6
5.5
4.9
5.1
4.0
3.7
3.4
3.1
3.3
3.4

-10.6
-15.0
42.8
-16.4
-10.5
2.5
-20.5
-6. 6
-10.6
-7.8
7.5
1.8

-15.8
-23.1
-21.6
-27.6
-31.4
-32.6
-39.9
-36.9
-46.9
-50.3
-41.3
-44.3

153135.
148670.
149778.
137727.
134999.
137426.
126610.
124232.
114571.
113070.
116189.
122674.

2.8
-2.3
4.4
-9.2
-7.7
-.2
-14.2
—3. 8
-15.8
-18.9
-15.5
-7.4

1983—JAN
|
-FEB
|
—MAR. — — — 1
—APR.-..|
-MAT. . . . |
-JUN.... I
-JUL.... |
-AUG
i
-1

460351.
557.
440434.
426.
356.
369.

45.
-109.
206.
- J 17.
-6.
-8.
-70.
13.

-371.
-334.
-429.
-318.
-232.
-268.
-152.
-96.

10.9
-23.6
58-5
-21-0
-1.4
-1.8
-16.4
3.8

-44.7
-48.8
-43.5
-42.0
-34.8
-38.6
-30.0
-20.7

|
|
|
1
1
|
|
|

3.6
2.9
4.4
3.6
3.6
3.4
2.8
2.8

6.1
-19.0
50.7
-17.3
.6
-6.4
-17.9
1.3

-33.9
-37.0
-33.5
-34.2
-26.0
-32.5
-30.3
-24.4

128250.
120924.
127175.
121436.
119000.
124897.
127233.
130308.

-16.3
-18.7
-15.1
-11.8
-11.9
-9. 1
.5
4.9




FEDERAL LAND BANKS
LOANS CLOSED
SEASONALLY—ADJUSTED ANNUAL BATE

TABLE 2 2 2 . 2 M

AVERAGE S I Z E

NUMBER OF LOANS

1976-JAN....
-FEB...
—MAE...
—APE...
-MAY...
-JUN-. .
-JUL...
-AUG...
-SEP...
-OCT.. .
-NOV...
-DEC...

CLOSED

|

MONTH

1

I
I

.J

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

CHANGE FROM PREVIOUS
MONTH

YEAR

IMS

J

-301.
142.
351.
-126.
-811C;58.
13-144.
203-169.
434.
508.

8.
-2.
744.
430.
-189.
296.
441.
482.
233.
-38.
1263.
758.

-6.5
3.3
7.8
-2.6
-17.2
16.9
.3
—3. 1
4.6
-3.7
9.7
10.4

.2
-.0
18.2
10. 1
-4.6
7.0
10.7
12-3
5.3
-- 8
34.9
16-4

56.6
57.7
63.2
59.7
53.2
57.7
56.7
54.1
57.5
54.9
58.3
61.3

5159.
5532.
6153.
5614.
5461.
5644.
6166.
5536.
5500.
5132.
5906.
5538.

-234.
373621-539.
-153.
18 4 .
522.
- 6 3 0.
-37.
-368.
774.
-367.

8251056.
1326.
913.
1570.
1096.
1605.
1119.
879.
680.
1021.
145.

-4.3
7.2
11.2
-8.8
-2.7
3.4
9.2
-10.2
-.7
-6. 7
15.1
-6.2

19-0
23.6
27.5
19.4
40.4
24. 1
35.2
25.3
19.0
15.3
20.9
2.7

58. 1
61.4
67. 1
63.0
62.6
64.7
60.9
60.2
61.7
58.0
63.8
61.0

-5.2
5.6
9.2
-6.0
-.7
3.5
-5.9
-1.1
2.4
-5.9

432.

8.4
-.0
-9.0
-6. 2
9. 1
10.9
-5.6
18.5
21.2
35.3
12.9
8.6

57.9
58.9
57.6
55.2
62.6
64.7
62.0
67.6
64.5
68.9
68.6
62.9

-5.1
1.7
-2.1
-4.3
13.5
3.4
-4.3
9.2
-4.7

5591.
5532.
56035265.
5958.
6261.
5821.
6563.
6666.
6943.
6667.
6017.

53.
-59.
70.
-338.
693.
303.
-440.
74 2 .
103276.
-275.
-650.

-551.
-349497.
617.
-345.
1027.
1167.
1811.
762.
479.

1.0
-1.1
1.3
-6.0
13.2
5. 1
-7.0
12.7
1.6
4. 1
-4.0
-9.8

8132.
6736.
7257.
7789.
8217.
8365.
8347.
934 9.
7764.
9798.
9772.
10156.

2114.
-1396.
521.
532.
428.
149.
-18.
1002.
-1584.
2033.
-26.
384.

2540.
1204.
1654.
2524.
2259.
2104.
2526.
2786.
1098.
2855.
3104.
4139.

35.1
-17.2
7.7
7.3
5.5
1.8
-.2
12.0
-16.9
26.2
-.3
3.9

45.4
21.8
29.5
47.9
37.9
33.6
43.4
42.5
16.5
41. 1
46.6
68.8

73.0
65.4
67. 1
68.4
73.7
73.0
79.7
82.3
71.6
83.5
76.9
81.0

1980-JAN.-FEB-.
-MAR. .
- A P R . n.
-MAY.
-JON.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC

10693.
10859.
9759.
11869.
10589.
8976.
9416.
6999.
8440.
8832.
7791.
9851.

537.
166.
-1100.
2110.
-1280.
-1613.
44 0 .
-2417.
1441.
392.
-1041.
2060.

2562.
4123.
2502.
4080.
2372.
611.
1068.
-2350.
675.
-965.
-1981.
-305.

5.3
1.6
-10-1
21-6
-10.8
-15.2
4.9
-25.7
20.6
4.6
-11.8
26.4

31.5
61.2
34.5
52.4
28-9
7-3
12.8
-25.1
8.7
-9.9
-20.3
-3.0

87.1
85.5
76.8
98.0
82.0
70.5
69. 1
56.7
66.2
68.9
61.4
76.0

10584.
11614.
10898.
12028.
11112.
11473.
12651.
10234.
12831.
12128.
11170.
10218.

734.
1030.
-716.
1130.
-916.
360.
1178.
-2416.
2597.
-703.
-958.
-952.

-109.
755.
1139.
160.
5242497.
3235.
3235.
4391.
3296.
3379.
367.

7-4
9.7
-6. 2
10.4
-7.6
3.2
10.3
-19.1
25.4
-5.5
-7.9
-8.5

-1.0
6.9
11.7
1.3
4.9
27.8
34.4
46.2
52.0
37.3
43.4
3.7

75.6
80.4
80.3
82.7
77.0
82.8
85.7
77.9
87.3
79.9
77.0
74.3

-10.2
-4.4
.8
-10.9
-9.3
7.9
-15.5
-4.9
-7.0
-15.0
12.9
-4.6

-13.4
-24.5
-18.9
-34.5
-35.7
-32.9
-48.5
-39.5
-55. 1
-59.6
-50.5
-48.4

63.8
62.3
62.2
59.2
53.3
55.8
51.6
49.6
46.2
39.8
45.2
41. 1

1981-JAN.
-FEB.
-MAR.
-APR.
-MAY.
-JUS.
-JUL.
-AUG.
-SEP.
-OCT
-NOV.
-DEC.

. |

1
I
I

-I
-I

-J

•••I

198 2 - JA l l . -FEB..
-MAR.. - • I
-APR-., . . I
-HAY., • - I
-JUM..
-JUL..
— AO G . .
-SEP..
-OCT..
-NOV..
-DEC.. • - I
I
1 9 8 3 - J A N.
-FEB. • . . i
-•AS. . . . I
-APR. . . . I
-MAY. . . . I
-JUM. • • • I
-JUL. • *•1
-AUG. . . . I




-6.9

4334.
4476.
4827.
4701.
3890.
4548.
4561.
4417.
4621.
4451.
4885.
5393.

1978-JAN..
-FEB.. - - I
-MAR.. - - I
-APR. - - 1
-MAY..
-JUM.. -I
- J U L - - -1
-AUG.
-SEP.
-OCT.. • * I
-NOV.. -DEC..
I
1 9 7 9 - J A N . . -1
-FEB.. -I
-MAR..
-AP*..
-MAY..
-JON..
-JUL..
-AUG..
-SEP.. -1
-OCT..
-NOV..
-DEC..

-I
- -1
-1

9171.
8763.
8833.
7873.
7142.
7704.
6513.
6191.
5755.
4895.
5527.
5273.
5084.
4488.
4959.
4567.
4707.
4709.
4559.
4913.

PERCENTAGE
CHANGE
FROM
PREVIOUS

PERCENTAGE CHANGE
FROM PREVIOUS

PERCENTAGE CHANGE
FROM P R E V I O U S

M I L L I O N S OF COLLARS

-1047.
-408.
70.
-961.
-730.
561.
-1191.
-322.
—436.
-861.
632.
-254.
-189.
-595.
471.
-392.
140.
2.
-151354-

-1413-2851-2065-4156.
-3970-3769.
-6138.
-4043.
-7076.
-7233.
-5643.
-4945.
-4088.
-4275.
-3874.
-3306.
-2435.
-2994.
-1954.
-1278.

-3.6
-11.7
10.5
-7.9
3. 1
.0
—3. 2
7.8

-44.6
-48.8
-43.9
-42.0
-34.1
-38.9
-30.0
-20.6

42.4
39.3
41. 1
38.8
39.7
37.5
36.0
37.8

2.1

9.5
-5.7
-10.9
8.4

— 1.6
-4.6
6.3
-4.6
6.3
5. 1

10.0

-4.4

6.8

-.4
-8.4

16.2

-10.5

2.6

1.9
7.8
-1.0
9.1
3.2
-13.0
16.5
-7.8
5.3
7.5

-1.8
-10.2
27.6
-16.3
-14.1
-1.9
-18.0
16.7
4.2

-11.0
23.9

-.6
6.4
-.1
3.1
-6.9
7.5
3.6
-9.1

12.0

-8.5
—3. 6
-3.5
-14.1
-2.5
-.1
-4.7
-10.0
4.6
-7.5
-3.8
-6.9
-14.0
13.7
-9.0
3.2
-7.4
4.6
-5.6
2.4
-5.6
-3.9
4.9

-12.4

-12.0
10.8
-1.6
-8.4
-1. 1
-7.3

10. 1

-2.8
-7.2

20.6
.9

2.8

76590.
77509.
76321.
7879273147.
78865.
80381.
81603.
80315.

14.4
13.6
6.7
11.8
4. 1

81108.

19.4
1.9
8.3
6.9

83745.
87939-

11.8
15.3

8.2

15.9

7.4
11.3
7.2
5.7
9.4
-.5

88734.
9007691756.
89088.
87285.
87205.
101213.
91898.
89167.
88426.
92511.
90783.

-.4
-4.1
-14.0
-12.4
.1
.0
1.7
12.3
4.6
18.7
7.5
3.0

96584.
93934.
97194.
95389.
95120.
96704.
93941.
97026.
103366.
100762.
97132.
95727.

4.3
5.9
7. 1
9.0
10. 9
-7.2
5.6
15.9
14.0
5.0
5.4

26.1
11.0

111355.
103025.
108139.
113908.
111433.
114579.
104766.
113646.
108432.
117400.
127024.
125352-

15.3
9.7
11.3
19.4
17-2
18.5
11.5
17. 1
4.9
16.5
30.8
30.9

122808.

10.3
23-3
17-5
6.4
15.8

6.4

6.0

5.6
17.6

12.2

16.4
23.9
17.7

12.8

28.6

21.6
11.0
21.1

12.1

28.9

19.2
30.8
14.5
43-3
11.3
-3-5
-13.2
-31.0
-7.6
-17.4

-20.2
-6.2

127015127054121143.
129070127393.
136170123372.
127508.
128098.
126988.
129632.

-13.2
-6.0
4.5
-15.5
—6. 1
17.5
24.0
37.3
31.9
15.9
25.5

140089.
144498.
135739145373.
144320.
138626.
147602.
131351.
146996.
151767.
145040.
137550.

-15.5
-22.5
-22.6
-28.4
-30.8
-32.6
-39.8
-36.3
-47.0
-50.2
-41.3
-44.6

143647.
140761.
142060.
132910.
133990.
138120.

-2.2

-33.5
-36.9
-33.9
-34.5
-25.4
-32.7
-30.2
-23.9

126182.
124734.
124502.
123084.
122291.

128228.

119789.
114205.
120659.
117702.
118430.
125548.
126530.
129996.

16.2
20.2
13- 1
19.3

10.6

25.9

12.6

11.0
9.0
10.5
3.2

11.2

30.0

8.6

17.6
9- 1
-.0
3-4
14. 1
13.8
6-8

20.0
11.8
8.8

8.4
6.5
15.3
18-5
14.2
6. 1

2.5
-2.6
4.7

-8.6
-7.2
-. 4
-14.5
-5.0
-15.3
-18.9
-15.7

—6. 8

-16.6
-18.9
-15.1
-11.4

-11.6
-9. 1
.3
4.2

16
TABLE 2 2 2 . 3 M

FEDERAL LAUD BANKS
LOANS CLOSED
TWELVE-MONTH MOVING TOTAL
AVERAGE S I Z E

NUMBER OF LOANS
MILLIONS OF DOLLARS
Txmrun--

I
I
I

I
1 97 6 - J A N
1
-FEB
|
-MAR
1
-APR....1
-MAY.
|
-JUN
|
-JUL....#
-AUG
|
-SEP
1
-OCT
1
-NOV....|
-DEC...-J
1
1977-JAN
|
-FEB
|
—MAR....|
-APR...-|
-MAY
1
— JUN. . . . |
—J U L . . . . I
—AUG....|
-SEP....|
-OCT
|
-NOV
|
-DEC
|
1
1976-JAN
|
-FEB.. . . |
—MAR....|
-APR
I
-MAY... . 1
-JUN.. . . |
-JUL
|
-AUG.... 1
—SEP.... I
-OCT
|
-NOV
|
- DEC. . . . . |
1
1979-JAN
I
-FEB....|
-MAR.
|
-APR
|
-MAY
|
-JUM
|
-JUL....1
-AUG
|

END OF
MONTH
4214.
4214.
4302.
4342.
4327.
4359.
4395.
4428.
4440.
4434.
4 523.
4585.

J
l_
1

I
CHANGE FROM P R E V I O U S !
MONTH
-5.
88.
40.
-15.
3236.
32.
13.
-6.
8863.

PERCENTAGE CHANGE
FROM PREVIOUS

HOUSANDS

MONTH

- I
210.
116.
109.
95.
62.
62.
139.
211.
220.
211.
341.
366-

-- 1
-.0
2- 1
.9
-.4
.8
.8
.7
-3
-.1
2.0
1.4

5.2
2.8
2.6
2.2
1.5
1.4
3.3
5.0
5.2
5.0
8.2
8.7

57.8
57.2
57.8
57.7
57.2
57.3
57.0
57.3
57.2
56.9
57.6
57.7

-1.3
-1.1

57.8
58.1
58.5
58.7
59.7
60.4
60.7

.2
.4
.7
.4

1.1

-.3
—. 8
.1
-.5
.6
-.2
-.5
1.3

.1

-7.9
-9.8
-9.2
-9.1
-9.2
—8.8
-8.4
-5.3
-4.8
-4.5
-1.6
-1.5

72886.
73701.
74412.
75288.
7560076105.
77136.
77212.
77608.
77932.
78459.
79480.

14.3
14. 1
12.9
12.5
11.7
11.2
12.7
10.9
10.5
10.0
9.9
10.3

-.0

80548.
81622.
83619.
84707.
85983.
86669.
88264.
88970.
89470.
89819.
90369.
90616.

10.5
10.7
12-4
12-5
13.7
13.9
14.4
15.2
15.3
15.3
15.2
14.0

7-3
6.4
4- 1
2.4
.9
-.2
-. 6
-.5
-.6
.4
.3

91260.
91648.
92020.
92634.
93400.
94257.
93654.
94124.
95052.
95774.
96112.
96432.

13.3
12.3
10.0
9-4
8.6
8.8
6. 1
5.8
6.2
6.6
6.4
6.4

2.7
3.8
7.0
10.3
II.9
13-1
35.3

98104.
98926.
100160.
101973.
103603.
105219.
105956.
107316.
107537.
108619.
110714.
112899.

7.5
7.9
8.8
10. 1
10.9
11.6
13. 1
14.0
13. 1
13.4
15.2
17. 1

114191.
116234.
118179.
119057.
120657.
121721.
123939.
125009.
126165.
127103.
127264.
127555.

16.4
17.5
18.0
16.8
16.5
15.7
17.0
16.5
17.3
17.0
14.9
13.0

129128.
130645.
131649.
134238.
135744.
136804.
137792.
138168.
139186.
140656.
141597.
142169.

13.1
12.4
11.4
12.8
12.5
12.4
11.2
10.5
10.3
10.7
11.3
11.5

-16.3
-21.7
-26.5
-30.5
-33.7

142371.
141982.
142491.
141196.
140266.
140333.
138778.
138824.
137778.
136292.
134967.
134466.

10.3
8.7
8-2
5.2
3.3
2.6
.7
.5
-1.0
-3. 1
-4.7
-5.4

-35.2
-36.3
-37.6
-38.4
-38.3
-38.5
-37.8
-37.1

132050.
129846.
126821.
125069.
123458.
121911.
121815.
122187.

-7.2
-8.5
-11.0
-11.4
-12.0
-13.1
-12.2
-12.0

4656.
4739.
4890.
4975.
51305231.
5356.
5438.
5494.
5539.
5608.
5619.

71.
83,
151.
85.
155.
101.
125.
8257.
45.
68.
11.

442.
525.
588633.
803.
871.
960.
1010.
1054.
1105.
1085.
1034.

1.5
1.8
3.2
1.7
3- 1
2.0
2.4
1.5
1.0
.8
1.2
.2

10.5
12.4
13.7
14.6
18.6
20-0
21.9
22-8
23.7
24.9
24.0
22-5

5658.
56625602.
55725625.
5678.
5648.
5726.
5801.
5928.
5980.
6014.

39.
4.
—60.
-29.
5254-30.
78.
75.
127.
51.
34.

1002.
923.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

-7
-1
-1. 1
-.5
.9
1.0
-.5
1.4
1.3
2.2
.9
-6

21.5
19.5
14.5
12.0
9.7
8.6
5.5
5.3
5.6
7.0
6.6
7.0

62.0
61.8

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

232.
98.
180.
241.
219.
188.
196.
211.
70.
205.
215.
324.

588.
682.
922.
1192.
13591493.
1719.
1852.
1847.
19242088.
2377-

3.9
1.6
2.8
3.7
3.2
2.7
2.7
2.9
.9
2-7
2.7
4.0

10.4
12.0
16.5
21.4
24-2
26.3
30.4
32.3
31.8
32.5
34.9
39.5

63.7
64. 1
65.1
66.3
67.4

8627.
89539228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
9649.
9619.

236.
326.
275.
396.
220.
56.
79.
-170.
43.
-62.
-141.
-30.

2382.
26102705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

2.8
3.8
3. 1
4.3
2.3
.6
.8
-1.7
.4
-. 6
-1.4
-.3

38. 1
41.1
41.5
42.3
41.0
38.0
35.4
29.4
28.8
24.7
19.6
14.6

75-5
77.0
78. 1

198 1 - J A N - . . «
-FEB...
-MAR...
— APR- .«
-MAY...
-JUN...
—J U L . • .
-AUG.. ,
-SEP...
-OCT...
-NOV...
-DEC..

9610.
9666.
9798.
9822.
9862.
10090.
1034 0 .
10585.
10876.
11113.
11347.
11375.

-10.
57.
132.
24.
40.

982.
713.
570.
198.

-. 1
.6
1.4
.2
.4
2.3
2-5
2.4
2.7
2.2
2. 1
.2

11.4
8.0
6.2
2. 1
.2
1.9
3.6
7.9
10.4
13.5
17.6
18-3

74.4
74.0
74.4
73.2
72.6
73. 8
75.0
76.6
78. 1
79.0

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

11245.

-129.
-227.
-219.
-394.
-385.
-338.
-478.
-302.
-474.
-516.
-393.
-390.

17.0
14.0
10.2
5.9
1.6
-4.0
-11.0
-15.9
-22.5
-28.8
-33.7
-37.3

79.0
77.6
75.8
73.7
71-4
69.0
66.3
64.1
61-2
58.0
55.7
53.0

-1.3

6.

-2.3

1.8

583.
158.
-408.
-1136.
-1683.
-2448.
-3201.
-3828.
-4246.

-1. 1
-2.0
-2.0
-3-7
-3-7
-3.4
-4.9
-3.3
-5.3
-6.1
-5.0
-5.2

-4488.
-4595.
-4805.
-4729-4575.
-4506.
-4181.
-3975.

-5.2
-4-9
-6.7
-5.3
-4.1
-4.9
-2-9
-1.9

-39.9
-41.7
-44.5
-45.4
-45.7
-46.5
-45.4
-44.7

51.2
49.5
47.3
45.4
#4.1
42.5
41.2
40.3

-

- K T : : : : !
-NOV. . . - 1
- DEC
I
1
1 9 8 0 - J AN
I
-FEB
|
-BAR....1
- A P R . . ... I
-MAI.... J
— JU N. . . . |
-JUL--.- |
-AUG
|
-SEP
|
-OCT
|
-NOV.. - - J
-DEC
|

1983-JAN.
-FEB.
-MAR.
-APR . a - |
-MAY.
-JON.
-JUL.
-AUG.




11018.

10799.
10404.
10019.
9682.
9204.
8902.
8428.
79117519.
7129.
6758.
6423.
5994.
5676.
5444.
51765024.
4927.

228.

250.
245.
290.
237.
234.

28.

-371.
-334.
-429.
-318.
-232.

-268.
-152.
-96.

PERCENTAGE
CHANGE
FROM
PREVIOUS

PERCENTAGE CHANGE
FROM PREVIOUS

18.

191.
362.
777.
1024.
1322.
1698.
1756.

1636.
1352.

1001.

61.1
61.4
61-7

62. 1
62.0

60.9

60.2
60.2

60.2

60.3

60.8
61.0
61.9

62.2
62.4

68.2

69.5
70.6
71. 1
72.3
72.9
74.3

80.8

81.6

81-3
80.5
78.5
78.1
77.0
75.8
75.4

I.5

1.1

1.8

1.6

4-2
5.4
6.5

1.2

.5
.7
.5
.4
.6
-.1

6.6
7.3
8.4
7.7
7.5

-.0
-.4
-1.5

-1.2

. 1
.0
.1
.9
.3
1.4
.5
.2

.6

2.1
.7

1.6
1.9

1.6

1.1
2.0

1.6

.7
1.7
.8
2-0

17.1
19-2

1.6
1.4

3.5

.9
-.3
-1.0
-2.5
-.5
-1.4

-1.6
-.5
-1.3
—.6
.6
-1.7
-.7
1.5
1.7
2.1

2.0
1.1

1-4
-.2

80.0

-1.8
-2.8
-3.1
-3.4
-3.9
-3.3
-4.6
-5.1
-4.0
-4.8
3
3
4
4

.
.
.
.

16.5

16.8

2.0

80. 1

16.1

5
3
5
0

-2.8
-3.7
-2.9

-2.2

18.7

20.1
19.9
21-9

21.0

19.3
15.8
11-1
9.8
6.5
4. 1
1.5

-1.5
-3.9
-4.7
-9.5

-11.0
-9.3
—6- 8
-2.4

.1
2.6

5.7
6. 1
1
4.9

.7
-1.7
-6.5

-11.6

TABLE 2 2 3 . 1M
FEDERAL LAND BANKS
LOANS CLOSED AND NEW HONEY LOANED
LOANS CLOSED

|
HONTH

1

1 MILLIONS
1
OP
DOLLARS
1
1
1
1976-JAN
|
393.
34 7 .
-FEB
|
528.
-MAR
|
436.
-APR
I
36 4 .
-MAY.. . . |
40 5 .
-JUN.... I
367.
-JUL
|
-AUG
|
321.
323.
-SEP
J
314.
-OCT
|
-NOV
|
351.
438.
-DEC
J

|
1
J
1

PERCENTAGE CHANGE
FROM PREVIOUS
MONTH

YEAR

4.8
-11.7
52. 1
-17.3
-16.7
11.4
- 9. 4
— 12.6

-1.3
-.1
20. 1
10.0
-4- 1
8.7
10.9
11.2
4. 1
-1.9

|

|
AS PERCENTAGE OF
|
|LOANS O U T REPAY1 STANDING*
MENTS
2.5
2. 1
3.2

2.6

I

|
|

NEW MONEY LOANED
MILLIONS |
OF
|
DOLLARS |
1

PERCENTAGE CHANGE
FROM PREVIOUS

|
AS PERCENTAGE OF
|
|LOANS OUTREPAYMENTS
1 STANDING*

MONTH

YEAR

264.
337.
478432.
449.
503.
466.
442.
407.
382.
330.
309.

325.
283.
441.
347.
294.
324.
298.
256.
255.
248.
279.
345.

4.2
-13.1
56,0
-21,2
-15.3
10.2
-8.0
-14.1
-.3
-3.0
12.6
23.9

-2.8
-1.8
19.9
6.7
-6.5
5.9
10.4
6.3
2.7
—6- 2
35.5
10.7

2.0
1.7
2-7
2. 1
1.7
1.9
1.7
1.5
1.4
1.4
1.5
1.9

218.
275.
399.
344.
363.
402.
379.
353.
322.
301.
263.
244.

16.7

2. 1
2.4
2.1
1.8
1.8
1.7
1.9
2.4

197 7 - J A N
.|
-FEB
|
-MAR. . . . . |
-APR
|
-MAY
J
-JUN
|
—JUL. . . . 1
-AUG
|
-SEP
|
-OCT
|
-NOV....*
-DEC... . |

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

6.0
-7. 4
58. 1
-23.2
-.6
-2.4
-2.7
-18.2
-5.7
-5.6
16.8
7.2

18.0
23.8
28.7
19.4
42.5
24,9
34.1
25.6
17.5
14,4
19.5
2.6

2.5
2.3
3.6
2.7
2.6
2.5
2.4
2.0
1.8
1.7
2.0
2. 1

223.
367.
475.
476.
458.
404.
374.
435.
516.
389.
340.
304.

376.
346.
552.
404.
405.
399.
382310.
289.
275.
324.
356.

8.9
-8.0
59.4
-26.8
.3
— 1.6
-4.2
-18.9
-6.6
-4.8
17.7
9.7

15.7
22.5
25.2
16.3
37.6
23.0
28.1
21.0
13.3
11.2
16-3
3.0

2.0
1.9
2.9
2. 1
2. 1
2-0
1.9
1.5
1.4
1.3
1.5
1.7

181.
296.
386.
368.
358.
318.
291335.
393.
299.
263.
241.

1978-JAN
|
- F E B . |
-MAR
1
-APB....1
-MAY
1
-JU N
1
-JUL,...|
-AUG
|
-SEP
1
-OCT....|
-NOV
J
-DEC,.-.I

503.
433.
619.
492.
571.
560.
462.
481.
455.
486.
470.
483.

12.0
-13.9
42.9
-20,5
16.0
-1.9
-17.5
4. 1
-5. 4
6.8
-3.2
2.7

8.4
.8
-8.8
-5-6
10. 1
10.6
-6.2
19.3
19.8
35.5
12.3
7.6

2.3
2.0
2.8
2.2
2.5
2.5
2.0
2.1
1.9
2.0
1.9
2.0

247.
360.
406.
381447.
473.
453.
474.
524.
430.
380.
271.

409.
344.
491.
376.
454.
442.
366.
385.
348.
385.
374.
386.

15.0
-16.0
42.8
-23.4
20.7
-2.5
-17.3
5.1
-9.5
10.7
-3.0
3.2

8.8
-.7
-11.1
-6.9
12.0
10.9
-4.3
24.1
20.3
39.9
15.2
8.4

1-9
1.6
2.2
1.7
2.0
1.9
1.6
1.6
1.5
1.6
1.5
1.6

201.
286.
322.
291.
356.
374.
359.
379.
401.
341.
302.
216.

197 9 - J A N
S
-FEB
|
-HA R . . . . |
—APB... . |
-MAY—..J
-JUS
1
—JUL....1
-AUG.. . . |
-SEP
1
-OCT.. . . |
-NOV.... J
-DEC
1

734.
531.
799.
733.
790.
748.
657.
692.
525.
691.
685.
807.

52.0
-27.7
50.5
-8.2
7.8
-5.4
-12.0
5.2
-24.2
31.7
-.9
17.8

46. 1
22.6
29.1
49.0
38.5
33.5
42-3
43.9
15.3
42.2
45.6
67.0

3.0
2.1
3.2
2.8
3.0
2.8
2.4
2.5
1.9
2.4
2.4
2.8

338.
432.
507.
535.
604.
640.
535.
640.
618.
604.
517.
461.

602.
428.
651.
580.
618.
597.
520554.
412543.
532.
642.

56.2
-29.0
52.1
-10.8
6.4
-3.4
-12.9
6.5
-25.6
31-8
-2.0
20.6

47.2
24.4
32.6
54.4
36.2
34.9
42-1
44-0
18.4
40-9
42.5
66.5

2.4
1.7
2.6
2.2
2.3
2.2
1.9
2.0
1.5
1.9
1.8
2.2

277.
348.
413.
423.
472.
511.
423512485.
475.
402366.

1980-JAN
1
-FEB
1
-MAR.
J
-APR.... |
-HAY.... |
-JON
1
-JUL
J
-AUG....|
-SEP....J
-OCT
|
NOV....1
-DEC
J
1
1981-JAM
I
-FEB
|
-MAB....I
-APB.... |
-MAY
|
-JUN....1
-JUL
1
-AUG....|

970.
856.
1074.
1129.
1010.
803.
736.
522.
568.
629.
544.
777.

20.3
-11.8
25.4
5. 1
-10.5
-20. 5
-8.3
-29.1
8.8
10.7
-13.5
42.8

32. 1
61.4
34.4
54.0
27.8
7.4
12.0
-24.5
8.3
-9.0
-20.6
-3.7

3-3
2.8
3.5
3.6
3.1
2.4
2-2
1.5
1.6
1.8
1.5
2.2

404.
658.
764.
993.
1041.
799.
632.
620.
531.
528.
467.
456.

782.
702904935827.
627.
603423453502435648.

21.9
-10.2
28.8
3.4
— 11.6
-24. 1
-3.9
-29.8
7.0
10.9
-13.3
48.9

29.9
64-2
38-9
61-1
33.8
5- 1
16.0
-23.6
9.9
-7.5
-18.2
1.0

2.6
2.3
2.9
3.0
2.5
1.9
1.8
1.2
1.3
1.4
1.2
1.8

326.
539.
643.
822.
852.
624.
518.
502.
424.
422374.
381-

961.
913.
1206.
1152.
1050.
1032.
986.
768.
858.
866778.
804.

23.7
-5.0
32. 1
-4.4
-8.9
-1.8
-4.4
-22. 1
11.8
-9
-10. 1
3.3

-1.0
6.6
12.3
2. 1
4.0
28.4
33.9
47.0
51.1
37.7
43. 1
3.6

2.7
2.5
3.2
3.0
2.7
2.6
2.4
1.9
2.1
2.1
1.8
1.9

416.
726.
819.
820.
875.
930.
867.
970.
961.
866.
697.
404.

793.
719.
989929869824.
803.
626.
676.
699.
622.
645.

22.4
-9.3
37.5
-6. 0
-6. 5
-5.2
-2.5
-22.0
7.9
3-5
-11.1
3-7

1.4
2.5
9.4
—- 6
5.1
31.3
33.2
47.9
49.2
39-2
42.8
-.5

2.2
2.0
2.7
2.4
2.2
2-1
2.0
1.5
1.6
1.7
1.5
1.5

343.
572.
671.
661.
724.
742.
706.
791.
756.
700.
556.
324.

832.
686.
986.
758.
665.
694.
508.
466.
384.
349.
386.
415.

3.4
-17.5
43.8
-23.2
-12.3
4.4
-26.7
-8.4
-17.6
-9.0
10.5
7-5

-13.5
-24.9
-18.2
-34.2
-36.7
-32.7
-48.4
-39.3
-55.3
-59.7
-50.4
-48.4

1.9
1.6
2.2
1.7
1.5
1.5
1.1
1.0
.8
.7
.8
.9

325.
482.
555.
484.
524.
529.
396.
349.
248.
244.
202.
173.

661.
541.
790.
589.
516.
552.
396.
368.
292.
277.
309.
316.

2.6
-18.2
45.9
-25.5
-12.3
7.0
-28.3
-6.9
-20.7
-5.2
11.7
2.1

-16.6
-24.8
-20.2
-36.7
-40.6
-33.0
-50.7
-41.2
-56.8
-60.4
-50.2
-51.0

1.5
1.2
1.8
1.3
1.1
1.2
.9
.8
.6
.6
.7
-7

259.
381.
444.
376.
406.
421.
308.
276.
188.
194.
162.
131.

460.
351.
557.
440.
434.
426.
356.
369.

10.9
-23.6
58.5
-21.0
-1.4
-1.8
-16.4
3.8

-44.7
-48.8
-43.5
-42.0
-34.8
-38.6
-30.0
-20.7

1.0

126.
170.
187.
195.
187.
218.
175.
169.

355.
274.
443.
350.
333.
313.
277.
290.

12.4
-22.9
61.8
-20.9
-5.0
-5.9
-11.6
4.6

-46.3
-49.4
-43.9
-40.5
-35.5
-43.2
-30.0
-21.4

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

97.
132.
149.
155.
143.
161.
136.
132.

-NOV....|
-DEC
|
1
1982—JAN
|
-FEB....j
—MAR....|
— APR. . . . I
-HAY. . . . |
- JU N. . . . |
-JUL....J
-AUG
1
-SEP
1
-OCT....|
-NOV.
|
-DEC
1
1
1983-JAN.... |
-FEB
1
-HAB....|
-MAY....|
-JUN....I
—JUL.-.. 1
—AUG.... 1

X

.8

-3.0
11.8
24. 8

33.7

* LOANS OUTSTANDING AT END OF PRECEDING MONTH.




.7

1.2
.9
.9
.9

.7
.8

18
TABLE 2 2 3 . 2 M

FEDERAL LAND BANKS
LOANS CLOSED AND NEW HONEY LOANED
E A S O N A L L Y - A D J U S T E D ANNUAL BATE
NEW MONEY LOANED

LOANS CLOSED
MILLIONS
OF
DOLLARS

1976-JAN...
-FEB
-MAR...
-APR...
-HAY...
-JON...
-JUL,».
-AUG...
-SEP...
-OCT...
-NOV...
- D E C . . *. - I

4334.
4476.
4827.
4701.

38904548.
4561.
4417.
46214451.
4885.
5393.

-I
I
5159.
1 9 7 7 - J A N . . .> - l
- F E B . . ..
.I 5 5 3 2 6
153.
- M A R . . . -I
- A P R . . .. - I 5 6 1 4 .
5
461.
- M A Y . . ..
.I
-JON...
- J U L . . .. - I
— AUG.-.
-SEP...
-OCT...
-NOV...
-DEC...

5644.

6 166.

.-I 5 5 3 6 .
.-I 5 5 0 0 .
.-I 5 1 3 2 .
..I 5 9 0 6 .
.-I 5 5 3 8 .
I
1978-JA N..- - I 5 5 9 1 .
-FEB.. - - 1
-MAR.. . . J
— APR--MAY., - - I
— J U N. .
-JUL.. --I
-AUG.. . . I
-SEP..
-OCT...
-NOV..
-DEC..

5532.
5603.
5265.
5958.

-FEB..
-MAR.. - . 4
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP.. --I
-OCT..
-NOV..
-DEC.. --I

6736.
7257.
7789.
8217.
8365.
8347.
9349.
7764.
9798.
9772.
10156.

6261.
5821.
6563.

- -1 6 6 6 6 .
- -1 6 9 4 3 .
- -1 6 6 6 7 .
. . I 60171
197 9 - J A M - - - • I 8 1 3 2 .
... I
•• I
• -1
--i
• -1

- -1
I
10693.
1 9 8 0 - J A N. .
10859.
- F E B . , --I
-MAR.. • • I 9759.
- A P R . . • -1 1 1 8 6 9 .
10589.
-MAY.. - - I
8976.
- J U N . . ..I
-JUL.. •« I 9416.
-AUG.. • »
1 6999.
-SEP.. •»
I 8440.
-OCT.. - . I 8832.
7791.
- N O V . . -.1
- D E C . . - -1 9 8 5 1 .
i
10584.
1 9 8 1 - J A N . - ..I
11614.
- F E B . . --1
10898.
-MAR.. • • J
12028.
- A P R . . ..I
11112-MAY.. - - I
-JUN.. -«
I 11473.
12651.
-JUL.. --I
10234- A U G . . ..I
12831.
- S E P . . --1
- O C T . . - -1 12128.
- N O V . . « -1 1 1 1 7 0 .
10218.
-DEC.. --1
I
9171.
1982—JAN..
8763.
- F E B . . • •I
-MAR.. . . J 8833.
7873-APR.. --1
- M A Y . . ... I 7 1 4 2 - J U M - . ... I 7 7 0 4 .
-JUL. . . . I
-AUG
-SEP.
-OCT.
-NOV.
-DEC.

1983-JAN,
-FEB.
-MAR
-APR.
-MAY.
-JU*
-JUL.
-AUG.

6513.
6191.
5755.
4895.
5527.
5273-

5084.

I. ... | 4 4 8 8 .

*

49594567.
4707.
4709.
4559.
4913-

|
1
1_

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

PERCENTAGE OF

1 LOANS O U T 1
STANDING*

REPAYMENTS

MILLIONS
OF
DOLLARS

|
1
|
1

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

|
AS P E R C E N T A G E OF
1
| LOANS O U T J
STANDING*

MONTH

YEAR

MONTH

....YEAR

-6. 5
3- 3
7- 8
-2.6
-17. 2
16.9
.3
-3. 1
4.6
-3.7
9.7
10- 4

.2
-.0
1 8. 2
10. 1
-4-6
7.0
10.7
12.3
5.3
-.8
34.9
16.4

27.
27.
29.
28.
23.
27.
26.
25.
26.
25.
27.
29-

425.
364.
410.
377.
361406.
402384331371.
377.
412.

3490.
3610.
4045.
3777.
3152.
3642.
3725.
3525.
3713.
3541.
3879.
4260.

-9.4
3-4
12-0
-6. 6
-16.6
15-6
2-3
-5.4
5.3
-4.6
9.6
9.8

-1.5
-1.9
18.5
7.2
-6.9
3.9
9.3
6. 1
4.7
-5.2
37.5
10.5

22.
2225.
23.
19.
21.
22.
20.
21.
20.
2123-

342293343303.
292325.
328307.
266.
295.
299.
326-

-4. 3
7. 2
11. 2

19.0
23.6
27.5
19.4
40.4
24. 1
35.2
25.3
19.0
15.3
20.9
2.7

28.
29.
32.
2928.
28.
31.
27.
27.
25.
28.
26.

359.
393.
4 12.
418364.
327.
329.
377.
422.
382.
386.
406.

4083.
4409.
5007.
4395.
4273.
4454.
4773.
4243.
42803975.
4584.
4404.

-4.1
8.0
13.6
-12.2
-2.8
4.2
7-2
-11.1
.9
-7. 1
15.3
-3.9

17.0
22.1
23.8
16.4
35.6
22-3
28- 1
20-3
15.3
12-2
18.2
3.4

22.
23.
26.
23.
22.
22.
24.
21.
21.
19.
22.
21.

284.
313.
335.
327285.
258.
254289328.
296.
299.
323.

-6.0
13- 2
5. 1
-7.0
12-7
1.6
4. 1
-4. 0
-9.8

8.4
-.0
-9-0
-6.2
9. 1
10.9
-5.6
18.5
21.2
35.3
12.9
8.6

26.
25.
25.
24.
272825.
28.
28.
2928.
25.

395.
378.
356.
333.
355.
386.
406.
410428.
420.
427365.

4451.
4344.
4429.
4056.
4735.
4965.
4586.
5233.
5219.
5558.
53384818.

1.1
-2.4
1.9
-8.4
16.7
4.9
—7.6
14. 1
-.3
6.5
-4.0
-9.8

9.0
-1.5
-11.6
-7.7
10-8
11.5
-3.9
23-3
21.9
39.8
16.5
9.4

21.
2020.
1821.
22.
20.
2322.
23.
22.
20-

315.
297.
281.
257.
282.
306320.
327.
335.
337.
342.
292.

35. 1
-17.2
7.7
7.3
5.5
1-8
-- 2
12.0
-16.9
26.2
3
3.9

45.4
21.8
29.5
47-9
37.9
33-6
43.4
42-5
16.5
41.1
46.6
68.8

33.
2728.
30.
31.
31.
31.
34.
28.
35.
34.
35.

540.
447.
447.
469.
473.
517.
485.
554.
510.
589.
576.
627.

6535.
5385.
5847.
6200.
6406.
6783.
6555.
7432.
6235.
7816.
7635.
8104.

35.6
-17.6
8.6
6.0
3.3
5.9
-3.4
13-4
-16.1
25.4
-2.3
6.1

46.8
24.0
32.0
52.8
35.3
36.6
42.9
42.0
19.5
40.6
43.0
68.2

26.
21.
23.
24.
24.
25.
24.
27.
22.
28.
26.
28.

434.
358.
360.
373.
369.
419.
381.
441.
410.
470.
450.
500.

5. 3
1.6
-10. 1
21.6
-10. 8
-15.2
4- 9
-25.7
20.6
4.6
-11.8
26.4

31.5
61-2
34.5
52-4
28.9
7.3
12.8
-25.1
8.7
-9.9
-20.3
-3.0

36.
363137.
33.
27.
28.
21.
25.
25.
22.
28.

649.
674.
676.
868.
819.
632.
577.
537.
443.
508.
516.
626.

8471.
8863.
8064.
9834.
8633.
7218.
7660.
5610.
6871.
7197.
6245.
8217.

4.5
4.6
-9.0
21.9
-12.2
-16.4
6.1
-26.8
22.5
4.7
-13.2
31.6

29.6
64.6
37.9
58.6
34.8
6.4
16.8
-24.5
10.2
-7.9
-18.2
1.4

28.
29.
26.
31.
27.
22.
2317.
20.
21.
18.
23-

514.
551.
558.
719.
668.
509.
470.
431361.
414.
414.
522.

7.4
9.7
-6.2
10.4
-7.6
3-2
10.3
-19. 1
25-4
-5. 5
-7.9
-8.5

-1.0
6.9
11-7
1.3
4.9
27-8
34.4
46.2
52.0
37.3
43.4
3.7

29.
32.
2932.
29.
29.
32.
253129.
26.
24.

674.
749.
724.
717.
687.
718.
789.
845.
819.
828.
765.
552-

862491358721.
9653.
9153.
9588.
10219.
8219.
10280.
10068.
8878.
8157.

5.0
5.9
-4.5
10.7
-5.2
4.8
6.6
-19.6
25. 1
-2.1
-11.8
-8.1

1.8
3. 1
8. 1
-1.8
6.0
32-8
33.4
46.5
49.6
39.9
42.2
- . 7

24.
25.
23.
2524.
2426.
20252421.
19.

549.
589.
579.
575.
566600.
638.
679.
656.
687.
608.
441.

-10.2
-4.4
.8
-10.9
-9.3
7.9
-15.5
-4.9
-7.0
-15.0
12.9
-4.6

-13.4
-24.5
-18.9
-34.5
-35.7
-32.9
-48.5
-39-5
-55.1
-59.6
-50.5
-48.4

2120.
20.
17.
16.
17.
14.
1312.
10.
1211.

531500.
489422.
416.
403.
357.
305.
214.
232.
221.
235.

7218.
6919.
6892.
6057.
5512.
6471.
5019.
481144463998.
4402.
3983.

-11.5
-4. 1
-.4
-12.1
-9.0
17.4
-22-4
-4. 1
-7.6
-10. 1
10. 1
-9.5

-16.3
-24.3
-21.0
-37.3
-39.8
-32.5
-50.9
-41.5
-56.8
-60.3
-50.4
-51.2

16.
16.
15.
13.
12.
14.
11.
10.
10.
9.
9.
8.

418.
395.
382325.
321.
339.
275.
237.
165.
190.
176.
178.

-3. 6
-11-7
10.5
-7.9
3- 1
.0
-3.2
7.8

-44.6
-48.8
-43.9
-42.0
-34.1
-38.9
-30.0
-20.6

11.
9.
10.
101010.
10.
10-

208.
176.
164.
171.
150165.
156.
148.

3886.
3506.
3845.
3601.
3587.
3679.
3507.
3778.

-2.4
-9.8
9.7
-6.4
-.4
2.5
-4.7
7.7

8.
7.
8.
8.
8.
8.
7.
8.

159.
138127.
135.
114.
129.
120.
114.

-2. 7
3. 4
9. 2
-10.2
-. 7
-6.7
15. 1
-6.2
1.0
-1- 1

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




AS

11

|
I
I

|

AT END OF P R E C E D I N G

MONTH.

-46.2
-49.3
-44.2
-40.6
-34.9
-43. 1
-30.1
-21.5

FEDERAL LAND BANKS
LOANS CLOSED AND NEW MONEY LOANED
TWELVE-MONTH MOVING TOTAL

TABLE 2 2 3 . 3 M

1
1
1
I EAR
| MILLIONS
OF
ENDING—
J
DOLLARS
I
1
1
1
4214.
1976-JAN
«
4214.
-FEB
|
4302.
-MAR. . . . . |
434 2 .
— APR. , . •> |
4327.
-MAY....I
4359.
-JUN.
1
4395.
-JUL....|
4428.
- AUG. . . . 1
4440.
-SEP
1
4434.
-OCT
I
4 523.
— NO V . . . . I
4585.
-DEC
1
1
4656.
1977-JAN.® . • |
4739.
-FEB
1
4890.
— MA R . . . « |
4975.
— AP R . . . . |
5
130.
-MAY
|
5231.
-JUN....|
5356.
-JUL
|
5438.
-AUG
1
5494.
-SEP.
|
5539.
-OCT
1
5608.
-NOV
1
5619.
-DEC
|
197 8 - J A N
|
-FSB
1
-MAR...-|

-JUN...-J
—JUL....|

-NOV.... |
-DEC
1
1
1979-JAN.... |
—MAR....|
-JUN....I
-JUL...- I
-OCT... . 1
-NOV...-I
-DEC.... |
1
1980—JAN.... |

-JON.... |
—JUL..-.1
-SEP....J
-OCT... - ]
-NOV....1
-DEC
1
1
1981-JAN
j

-MAY.... 1

-SEP..... j
-OCT....|
-DEC...-J
1
1982-JAH-...|
-FEB....j
-MAR... . |
—APR... . |
— J O N. a . . |
—JUL....|
—AOG....|
-NOV....*
-DEC
1
1
1983-JAN... . |

-JUN....j
-JUL....|
— AU G . . . . |
1

NEW MONEY LOANED

LOANS CLOSED
AS PERCENTAGE OF
|
|
J
REPAY1 LOANS OUTMENTS
STANDING*
PERCENT I
1

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

AS PERCENTAGE OF

LOANS O U T STANDING*

REPAYMENTS

210.
116.
109.
95.
C2.
62.
139.
211.
220.
211.
341.
366.

5.2
2.8
2.6
2.2
1-5
1.4
3.3
5.0
5.2
5.0
8.2
8.7

28.
28.
28.
28.
27.
27.
27.
27.
27.
26.
27.
27.

451.
433.
424.
412.
404.
400.
398.
394.
389.
385.
384.
387.

34683463.
3536.
3558.
3537.
3556.
3584.
3599.
3605.
3589.
3662.
3696.

80.
5.
3.
-8.
-38.
-39.
3388.
106.
90.
217.
218.

2.4
. 1
. 1
-.2
-1.1
-1.1
.9
2.5
3.0
2-6
6.3
6.3

23.
23.
23.
23.
22.
22.
22.
22.
22.
21.
22.
21.

371.
356.
348.
338.
330.
326.
324.
320.
316.
311.
311.
312.

442525.
588.
6 33.
803.
871.
960.
1010.
1054.
1105.
1085.
1034.

10.5
12.4
13.7
14.6
18.6
20.0
21.9
22-8
23.7
24.9
24.0
22.5

2727.
27.
28.
28.
28.
29.
29.
29.
28.
28.
28.

374377.
379.
383.
385.
380.
375.
375.
381.
381.
381.
381.

3747.
3810.
3921.
3978.
4089.
4163.
4247.
4301.
43354362.
44084418-

278.
347.
385.
420.
551.
608.
664.
702.
729.
773.
746.
723.

8-0
10.0
10.9
11.8
15.6
17. 1
18.5
19.5
20.2
21.5
20.4
19.6

21.
22.
22.
22.
22.
22.
23.
23.
23.
22.
2222.

301.
303.
304306.
307.
303.
297.
297.
300.
300.
300299-

5658.
5662.
5602.
5572.
5625.
5678.
5648.
57265801.
5928.
5980.
6014.

1002.
923.
711.
597.
495.
448.
292.
288.
307.
389.
372.
395.

21.5
19.5
14.5
12.0
9.7
8.6
5.5
5.3
5-6
7-0
6.6
7-0

28.
28.
27.
27.
27.
2726.
26.
2626.
26.
26.

384.
384.
377.
370.
370.
376.
381.
384.
386.
389.
392.
386.

4452444943884360.
4408.
44524436.
4510.
4569.
4679.
4728.
4758.

705.
639.
466.
382.
320.
289.
189.
210.
234.
317.
320340.

18.8
16.8
11.9
9-6
7.8
6.9
4.4
4.9
5.4
7.3
7.3
7.7

22222121.
21.
21.
20.
21.
21.
21.
21.
21.

302.
302.
296.
290.
290.
295.
299.
303.
304.
307.
310.
306.

6246.
6343.
6523.
6764.
6984.
7171.
7367.
7578.
7648.
7853.
8067.
8391.

588.
6829221192.
1359.
1493.
1719.
1852.
1847.
1924.
2088.
2377.

10.4
12-0
16.5
21-4
24.2
26.3
30.4
32.3
31.8
32.5
34.9
39-5

27.
27.
27.
28.
29.
29.
29.
30.
30.
30.
30.
31.

398.
403.
413426439.
452.
458.
469474.
486.
497.
518.

4951.
5035.
5195.
5400.
5564.
5719.
5872.
6042.
6106.
6263.
6422.
6678.

500.
586.
808.
1040.
1156.
1267.
1437.
1531153615841693.
1920.

11.2
13.2
18.4
23.9
26.2
28.4
32.4
33.9
33.6
33.9
35.8
40.4

21.
2122.
2223.
23.
23.
24.
24.
24.
24.
25.

315.
320.
329.
340.
350.
360.
365374378.
388.
395412.

8627.
8953.
9228.
9624.
9844.
9899.
9978.
9809.
9852.
9790.
9649.
9619.

2382.
2610.
2705.
2860.
2860.
2728.
2611.
2231.
2204.
1937.
1582.
1228.

38-1
41.1
41-5
42.3
41.0
38.0
35.4
29.4
28.8
24.7
19.6
14.6

32.
32.
33.
33.
34.
33.
33.
32.
31.
3130.
29-

525542.
565.
598.
624.
635.
642.
641.
635.
629.
626.
626.

6858.
7133.
738677417950.
7980.
8063.
793379747933.
7836.
7842.

1907.
2097.
2190.
2341.
2386.
2262.
2191.
1891.
1868.
1670.
1414.
1164.

38.5
41.6
42.2
43.3
42.9
39.5
37.3
31-3
30.6
26-7
22.0
17-4

25.
26.
26.
27.
27.
27.
272625.
25.
24.
24-

417.
432.
452.
481.
504.
512.
519.
519.
514.
510.
509.
511.

9610.
9666.
9798.
9822.
9862.
10090.
10340.
1058510876.
11113.
11347.
11375.

982713.
570198.
18.
191.
362.
777.
1024.
1322.
16981756.

11.4
8.0
6.2
2. 1
.2
1.9
3.6
7.9
10.4
13-5
17.6
18.3

2928.
2828.
28.
28.
28.
28.
29.
29.
29.
29-

629.
635.
641.
631.
625.
635.
652.
669695.
719.
737.
725.

78537870.
7955.
7950.
7992.
8188.
8389.
8591.
8814.
9011.
9198.
9194-

995.
738.
569.
209.
43.
208.
325.
658.
840.
1078.
1361.
1352.

14.5
10.3
7.7
2.7
.5
2.6
4.0
8.3
10.5
13.6
17.4
17.2

23.
2323.
2322.
23.
23.
23.
23.
23.
24.
23.

514.
517.
520.
511.
506.
515529.
543564.
583.
597.
586.

11245.
11018.
10799.
10404.
10019.
9682.
9204.
89028428.
7911.
7519.
7129.

1636.
1352.
1001.
583.
158.
-408-1136.
-1683.
-2448.
-3201.
-3828.
-4246.

17.0
14.0
10.2
5.9
1-6
-4.0
-11.0
-15-9
-22.5
-28.8
-33-7
-37.3

28.
27.
26.
25.
23.
22.
21.
20.
1918.
17.
16.

706.
684.
658.
628.
602.
575.
542.
508.
464.
425.
388.
360.

90628884.
8685.
8344.
7990.
7719.
7311.
7053.
6669.
6247.
5935.
5606.

1209.
1014.
729.
394-2.
-470.
-1077.
-1538.
-2145.
-2764.
-3263.
-3588.

15-4
12-9
9-2
5-0
-.0
-5.7
-12.8
-17.9
-24.3
-30.7
-35.5
-39.0

22.
222120.
19.
18.
17.
16.
15.
14.
13.
12.

569.
552.
530.
504.
480.
459.
431.
403.
367.
336.
306.
283.

6758.
6423.
5994.
5676.
5444.
5176.
5024.
4927.

-4488.
-4595-4805.
-4729.
-4575.
-4506.
-4181.
-3975.

-39.9
-41.7
-44.5
-45-4
-45.7
-46.5
-45.4
-44.7

15.
14.
13.
12.
12.
11.
11.
10.

323.
298.
263.
242.
222.
206.
194.
184-

5300.
5032.
4686.
4447.
42644026.
3907.
3828.

-3763.
-3852.
-3999.
-3896.
-3726.
-3693.
-3404.
-3225.

-41.5
-43.4
-46.0
-46.7
-46.6
-47.8
—46- 6
-45.7

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

254.
234.
206.
190.
174.
160.
151.
143.

» AVERAGE LOAES OUTSTANDING DOSING THE PRECEDING TWELVE MONTHS




CHANGE FROM
1
P R E V I O U S YEAR
MILLIONS |
OF
|
DOLLARS | M I L L I O N S
PERCENT
OF
1
DOLLARS
1

(AVERAGE OF BHD-OF—MONTH D A T A ) .

20
TABLE 2 2 4 . 1M

FEDERAL LAND BANKS
R E F I N A N C I N G AND REPAYMENTS
REFINANCING
1
1
|
|
1

llLLIONS
OF
DOLLARS

REPAYMENTS

OF FEDERAL LAND BANK LOANS

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

YEAR

1
|
|
1

^
LOANS O U T STANDING*

PERCENTAGE
LOANS
CLOSED

REPAYMENTS
AND
JEIIjjANCING

MILLIONS
OF
DOLLARS

|
|.
|

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

I
AS
| PERCENTAGE
„l
OF
|
|

LOANS O U T STANDING*

1976-JAN...
-FEB...
-MAR. .,
-APR...
-MAY...
-JON...
-JUL..
-AUG...
-SEP..
-OCT..
-NOV.-,
-DEC..

68.
64.
87.
89.
69.
81.
69.
65.
68.
66.
72.
92.

8.0
-5.2
35.2
2.5
-22. 1
16.5
-14.9
-6. 1
5.0
-2.7
8.8
28.3

6.9
8.0
21.3
25.3
8.0
21.5
13.3
36.4
9.5
18.5
27.2
46.6

.4
-4
.5
.5
.4
-5
.4
.4
-4
.4
.4
.5

17.
19.
16.
2019.
20.
19.
2 021.
21.
20.
21.

31.
38.
44.
47.
46.
5047.
47.
46.
45.
40.
39.

149.
103.
110.
101.
81.
81.
79.
73.
79.
8 2106.
142.

10.0
-31.0
7.4
—8 . 5
-19.8
- . 5
-2.2
-7.9
9.3
3.5
29.2
33.3

10.6
60.6
61.9
58.3
28-6
32-9
23-7
36.4
25.4
17.2
32.2
4.5

.9
. 6
. 7
. 6
. 5
. 5
.5
-4
.4
. 5
. 6
. 8

1977-JA N..
-FEB. .
-MAR..
-APR..
-1AY-.
-JON..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

88.
83.
127.
117.
113.
107.
110.
93.
90.
8395.
93.

-4.9
-4.9
52.6
-7.6
-3.5
-5.3
2.6
-15.4
-2.8
-8.0
13.7
-1.5

29. 1
29.5
46.2
31.8
63-2
32.8
60.0
44.1
33.3
26.1
31.7
1. 1

.5
.4
.7
.6
.6
.5
.5
.5
.4
-4
.4
.4

19.
19.
19.
23.
22.
21.
22.
23.
24.
23.
2321.

30.
42.
47.
52.
50.
46.
46.
50.
55.
47.
43.
39.

208.
117.
143.
110113.
125.
132.
9374.
92123148.

46.7
-43.6
22. 1
-23.3
3.3
10.6
5-0
-29.6
-20.5
25.3
33.6
20.0

39.3
13.8
29.5
8.6
39.9
55.6
67.0
27.6
-7.3
12. 1
15.9
4.4

1.1
. 6
.8
. 6
. 6
.6
.7
. 5
.4
.4
.6
.7

1978-JAN..
- FEB.»
— M AR- .
-APR..
-MAY..
-JUM. -JUL..
-AUG..
-SEP. .
-OCT..
-NOV . . . I
-DEC.

93.
89.
128.
116.
117.
117.
96.
96.
107.
101.
97.
98.

. 3
-4.4
43.6
-9.4
.8
.2
-18.2
. 1
1 1. 3
—6. 0
-4. 0
1.0

6.6
7.2
.9
-1.0
3.5
9.4
-12.7
3.3
18.2
20-8
2. 1
4.7

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

19.
2121.
24.
2121.
21.
20.
24.
21.
2120.

31.
43.
46.
47.
48.
50.
49.
49.
55.
47.
44.
35.

203.
120.
152.
129.
128.
118.
102.
102.
87.
113.
124.
178.

37.7
-40.9
26.7
-15.2
-1.3
-7.2
-13.9
- . 4
-14.4
30.2
9.6
43-9

-2.0
2.7
6.6
17.9
12.6
-5.6
-22-5
9-7
18. 1
22.7
.6
20.7

.9
•6
.7
• 6
. 6
.5
.4
.4
.4
.5
.5
.7

• . • I 132.

103.
148.
153.
173.
151.
138.
138.
113.
148.
152.
165.

35.5
-22. 1
43.8
3. 1
13.0
-12.7
-8.5
.3
-18.5
31. 1
3. 1
8. 3

41.4
15.3
15.5
31.4
47-2
28.3
43.5
43.7
5.3
47.0
57.8
69.2

.5
-4
.6
.6
-7
.6
-5
.5
.4
.5
.5
.6

18.
19.
19.
212220.
21.
20.
21.
21.
2220.

38.
46.
48.
5357.
56.
53.
56.
57.
56.
53.
49.

217.
123.
158.
137.
131.
117.
123.
108.
85.
114.
133.
175.

21.9
-43.4
28.3
-13.1
—4 . 6
-10.7
5.3
-12. 1
-21.5
34.8
15-9
32.2

6.9
2.3
3.6
6.1
2.5
-1.3
20.7
6.5
-2.3
1.1
7.0
-1.7

.9
. 5
. 6
.5
.5
.4
.5
.4
.3
.4
. 5
.6

1980-JA N.-FEB..
-MAR..
- A P R . .
—HAY..
-JUN..
-JUL..
- AUG.•
-SEP..
-OCT..
-NOV..
-DEC..

188.
154.
170.
194.
184.
176.
133.
99.
115.
127.
109.
129.

14. 1
-18. 1
10.0
14. 1
-5.3
-4.3
-24.0
-25.8
16.2
9.9
-14.2
18-5

42.5
49.9
14.6
26.9
6.4
16.7
-3. 1
-28.3
2.2
-14.3
-28.7
-22.0

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

1918.
16.
17.
18.
22.
1819.
20.
20.
20.
17.

44.
54.
55.
63.
65.
64.
53.
54.
52.
52.
48.
43.

240.
130.
141.
11497.
100.
116.
84.
107.
119.
116.
170.

37.0
-45.7
8.0
-19.2
-14.7
3.6
15.9
-27.6
26.8
11.5
-2.2
46.2

10.4
5.9
-10.8
-17. 1
-25.8
-14.0
-5.3
-22.0
26.0
4.2
-12. 1
-2.8

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

198 1 - J A N . •
-FEB..
-MAR..
-APR..
-MAY..
-JUN..
-JUL..
-AUG..
-SEP..
-OCT..
-NOV..
-DEC..

168.
194.
217.
223.
181.
208.
183.
142.
183.
166.
157.
160.

30.4
15-4
11.9
2.8
-18.7
14.9
-12. 1
-22.6
29.0
-9.0
-5.7
1.8

-10.9
25.6
27.7
15.0
-1.3
18.4
37.0
43.0
58.7
31.4
44.4
24.2

.5
.5
.6
.6
.5
-5
.5
.3
.4
-4
.4
.4

17.
211819.
17.
20.
19.
18.
21.
19.
20.
20.

42.
61.
60.
61.
60.
6562.
64.
67.
62.
58.
45.

231.
126.
147.
141.
120.
111.
114.
79.
89.
100.
112.
199.

35.7
-45.6
17.2
-4.5
-14.7
-7.5
2.5
-30.4
12-9
11.9
11.8
78.1

-3.7
-3.5
4.7
23.7
23.7
10.4
-2.3
-6. 1
-16.4
-16. 1
-4. 1
16.9

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

170.
145.
197.
170.
149.
142.
113.
98.
92.
72.
77.
99.

6.6
-15.1
36.1
-13.9
-11.9
-4.7
-20.7
-13.6
-5.6
-21.3
5.6
29.2

1.5
-25.3
-9.2
-23.9
-17.6
-31.6
-38.3
-31.1
-49.6
-56.4
-51.2
-38.1

.4
.3
.4
.4
.3
.3
.2
.2
.2
.2
.2
.2

20.
21.
20.
22.
22.
21.
22.
21.
24.
21.
20.
24.

40.
50.
53.
52.
54.
5247.
42.
37.
3429.
29.

256.
142.
178.
157.
127.
131.
129.
133.
155.
143.
191.
240.

28.5
-44.4
25.0
-11.9
-18.9
3.3
-2.0
3.9
16.1
-7.7
33.4
25.9

10.7
13. 1
20.7
11.4
5.8
18.2
13.0
68.6
73.5
43. 1
70.8
20.8

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

105.
78.
114.
90.
101.
113.
79.
80.

6.2
-26.0
46.9
-21.4
12.6
11.7
-29.7
.9

-38.4
-46.3
-42.0
-47.1
-32.4
-20.8
-29.9
-18.1

.2
.2
.2
.2
.2
.2
.2
.2

2322.
20.
20.
23.
26.
22.
22.

22.
27.
28.
28.
30.
37.
28.
27.

364.
207.
298.
225.
232.
195204.
219.

51.5
-43.2
43.8
-24.3
3.1
-16.0
4.5
7.5

42.4
45.6
67.5
43.9
83.0
48.8
58.6
64. 1

.8
.4
.6
.5
.5
.4
.4
.5

-I
-I

1979-JAN.
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

•.. . I

1982-JAM..
-FEB..
-HAH..
-APR..
-MAY..
-JUM..
-JUL.,
-AUG..
-SEP..
-OCT..
-HOT..
-DEC..

--I

••I

1983-JAN
- F E B .I. . -» . |
— MAS
-APR.
-MAY.
I
-JUM.
-JUL.
I
-AUG.

•

LOANS O U T S T A N D I N G

AT

END OF P R E C E D I N G

MONTH.

" R E F I N A N C I N G OF FEDERAL LAND BANK L O A N S " I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY L O A N E D .
" R E P A Y M E N T S * ARE COMPUTED AS NEW MONEY LOANED L E S S THE CHANGE I N LOANS O U T S T A N D I N G .




21
TABLE 2 2 4 - 2 M
FEDERAL LAND BANKS
R E F I N A N C I N G AND REPAYMENTS
S E A S O N A L L Y - A D J U S T E D ANNUAL BATE
REFINANCING

1
I
i

MILLIONS
OF
DOLLARS

I
J
].

OF

AS P E R C E N T A G E OF

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

LOANS O U T STANDING*

LOANS
CLOSED

JL
1976-JAN. .
— FEB. .
-MAR. .
-APR.,
-MAY..
-JUN..
-JUL..
-AUG..
-SEP.. -OCT..
-NOV..
-DEC..

799848.
846.
-I
-I
-I
-I
-1
-1
-I
-I
1
-I
-1
-I

197 7 - J AN..
-FEB..
-MAR..
-APR--MAY..
-JUN..
-JUL..
-AUG.. - - I
-SEP..
-OCT..
-NOV..
-DEC..

910.
744.
893850.

886.

893904.
998.
11691041.

1106.
1225.
1189.
12021173.
1369.
1278.
11891152.
1319.
1203.

1978-JAN..
-FEB..
-MAR.. . - I
-APR.. -.1
-MAY..
-JUN..
-JUL. •••I
- A U G . f» • • |
-SEP. • • • I
-OCT.
-BOV. • • • I
-DEC.

1107.
1193.
1225.

1979-JA*-.
-FEB..
-MAR.
-APR.,
-MAI.
-JUN..
-JUL.
-AUG.
-SEP.
-OCT. •
-NOV. •
-DEC. .

1552.
1383.

• - I
•. I
- . I

••I
. . 1
. . |

1980-JAN.
-FEB. . . I
— MAR. - - I
-APR.
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV.
-DEC.

.-.|

198 1 - J A N .
-FEB.
-MAR.
-APR.
-MAY.
-JUN.
-JUL.
-AUG. . . . t
-SEP
...I
-OCT.
-NOV., -..I
-DEC.
1982-JAN. - . I
-FEB.
-MAR.
-APR. . - I
-MAY.
-JUN.
-JUL.
-AUG.
-SEP.
-OCT.
-NOV • . . I
-DEC.
198 3 - J A N .
-FEB.
-MAR.
-APR.
-MAY. - • • I
-JUN.
-JUL
-AUG.
.1
_1_
*

1168.

1227.
1278.
1204.
1330.
1413.
1391.
1348.
1278.

1406.
1531.
1789.
1624.
1746.
1934.
1501.
2017.
2167.
2194.
2165.
2077.
1609.
1933.
1899.
1875.
1709.
1407.
1540.
1716.
1568.
1722.
1898.

2606.
2047.

2211.
1886.

2182.
2368.
2031.
2467.
2241.
2306.
2143.
1900.
1948.

1851.
1673.
1569.
1477.
1468.
1408.
1251.
975.
1132.
1324.

1168.
1043.
1067.

882.

1070.
1165.
1031.

1160.

2.4
6.2
- . 3
7.6
-'G. 3

20.0

-4.8
4.3
.7
1.3
10.4
17.2
-11.0
6-2

10.8

-3.0
1. 1
-2. 4
16.7
—6 . 6
-7.0
-3. 1
14.5

-7.9
7.7
2.8
-4.7
5.0
4. 1
-5.8
10.5
6.3
-1.6
-3. 1
-5.2
21.5
-10.9
1.6

8.8

16.9
-9.2
7.6
10.8
-22.4
34.4
7.4
1.2
-1.3
-4.0

-22.6
20.2
-1.7
-1.3

—8.8
-17.7
9.5
11.4
-8-6
9.9

10.2
37.3
-21.5
8.0
-14.7
15.7
8.5
-14.2
21.5
-9.2
2.9
-7.0
-11.4
2.5
-5-0
-9.6
—6-2
-5-9
-.7
-4. 1
-11. 1

-22. 1
16. 1
17.0
-11.8
-10.7
2.3
-17.3
21-2
9.0
-11.5
12.4

9.5

8.8

20.3
23.4
7.2

20.6

12.6

36.2
8.6
21.5
25.7
49.9
30.4
30-4
44.8
30.6
61.6
31.4

61.1
44.2
33.1
27.4
32.1
2-9
6.3
7.8
.1
-1.7
2. 1
8.9

-12.0
4.1
18.9
20.7

2.2
6.3

40.2

16.0

14.7
31.0
45.8
27.1
45. 1
45.4
6.2
45. 1

60.8
71.7

39.4
50.2
14.4
26.3
6.2
15.5
-2.1
-27.3
2.6
-14.9
-27.7
-21.5
-12.3
25.5
27.2
14.4
-.7
16.4
38.5
44.4

60.2

30.6
47.1
24.4
.
-25.
-9-24.




1
3
6
4

-16.8

-32.3
-38.0
-30.7
-49.3
-56.5
-50-9
-38.2
-38.5
-46.4
-42.3
-47.2
-31.8

-21. 1

-29.7
-17.6

S E A S O N A L L Y - A D J U S T E D LOANS O U T S T A N D I N G

REPAYMENTS

F E D E R A L LAND BANK LOANS

5,0
5.2
5. 1
5. 4
4.4
5.2
4.9
5. 1
5.0
5.0
5.5
6.4

18.
19.
18.
19.

1920.
19.
20.
19.
20.
20.

22.

5.6
5.9
6.4
6. 1
6. 1
5.9
6.8
6.3
5.8
5.5
6.3
5.6

20.
20.

5. 1
5.5
5.6
5.2
5.5
5.6
5.2
5.7
6.0
5.8
5.6
5.2

20.

6.3
5.5
5.5
5.9
6.8
6.1
6.4
7.0
5.4
7. 1
7.5
7.5

20.
21.
22.
21.

22.
23.

22.
22.
22-

22.
22.

22.

2221.
20.
21.
20.
21.
20.
20.
21.
19.

21.
19.
20.

22.
19.

2121.
19.
21.

22.
22.

7.2
6.8
5.2
6. 1
5.9
5-7
5. 1
4. 1
4.5
4.9
4.4
4.8

20.

5.2
7.1
5-5
5.8
4.9
5.5
5.9
5.0
6.0
5.3
5.4
4.9

18.
22.

4.3
4.4
4. 1
3.7
3.5
3.2
3.2
3.0
2.7
2. 1
2.4
2.8

21.
22.
21.
21.
22-

2.5
2.2
2.2
1.9
2.2
2.5
2-2
2-4

2323.

AT END OF P R E C E D I N G

19.

16.
16.
18.
21.
18.
20.
18.
19.
20.
17.

19.

18.
17.
19.
19.

20.
19.

18.
21.
21.

19.

23.
23.
22.
20.
20.
25.

2219.

23.
2523.
24.

MONTH.

REPAYMENTS
AND
REFINANCING
44.
41.
42.
42.
41.
44.
43.
44.
39.
43.
43.
47.

MILLIONS
OF
DOLLARS

1020.
1231.
1178.
124 8 .
1078.

1121.

1135.
1149.
1398.
1199.
1296.
1308.

|
|.
|

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

30.5
22.5
37.8

-14.2
8. 1
.9

34.8
4.4

21.6

10.0

42.
44.
45.
47.
45.
40.
42.
47.
48.
46.
46.
47.

1439140714941345-

44.
45.
44.
43.
4244.
46.
45.
48.
46.
46.
44.

1415.
1464.

51.
48.
46.
48.
51.
50.
50.
5350.
55.
56.
58.

1507.
1505.
1623.

57.
56.
53.
59.
59.
57.
51.
52.
45.
5051.
52-

1647.

1.6

1444.
1367.
1293.
1419.
1631.
1303.
1904.
1739.
1510.
1575.

-2.2
-10.3
-5.3
-5.4
9.7
14.9
-20. 1
46. 1
-8.7
-13.2
4.3

55.
63.
58.
57.
54.
58.
60.
63.
61.
60.
61.
54.

1571.
1551.
1506.
1678.

52.
53.
51.
47.
48.
44.
45.
41.
32.
32.
31.
37.

1726.
1753.

3229.
26.
25.
25.
29.
26.
26.

14991727.
1877.
1469.
1304.
1342.
1532.
1363.

15761580-

1681.
1624.
1434.

1601.
1556.
1651.
1560.
1648.

1661.
1738.
1619.
1723.
1687.
1522.
1663.
1695.

1620.
1610.

1618.

1598.

1602.
1211.

1566.
1465.
1460.
1850.

1806.

1866.
1716.
1911.
1825.
2029.
2694.

10.7
61.4
59.2
56.6

-18.6
20.7
-4.4
6.0
-13.6
3.9
1.3
I.3

-2.2
6.2

-10.0
11.5
15.2
8.7
-21.7
-11.2
2.9
14. 1

-11.0

3.8
3.5
7.6
.3
6.3
-3.4
-11.7
II.6
-2.8
6.1
-5.5
5.6
-8.6
- . 1
7.8
2.4
4.6
—6. 8
6.4

-2.1
-9.8
9.3
1.9
-4-4

26.6

26.0

18.6

41. 1
14.3

26.8

7.7
39-0
54. 1
65.4
27.8
-6. 7
11.9
18- 1
4- 2

6.1
6.0
6.4
6.4
6.6
6.1
6.4
6.1
5.4
5.9
5.9
5.5

9.3
6.9

5.5
5.3
4.6
4.3
4.0
4.3
4.9
3.8
5.5
5.0
4.3
4.4

-11.0
-17.7
-25.6
-12.3
-5.3
-22.8
25. 1
4.5

-11.0
-2.8

-1.8
-7.0
-17.7
-15.7
-3.3
17.5

11. 1

32-8

2106.

-21.8

2504.
2244.

18.9
-10.4

2448.
2548.
3016.
2674.
3144.
2851.
29233326.

9.1
4. 1
18.3
-11.4
17.6
-9.3
2.5
13.8

7.7
7.5
7.8
6.9
7.6
8.7
9.3
7.2
6.3
6.4
7.3
6.4

6.5
2.8
3.0
5. 1
3.4
- . 3
20. 1
5.4
-2.2
.7
8.7
-1.7

12. 1

.2
-24.4
29.3
-6.4
-.4

26.8

6.3
7.6
7.1
7.5
6.4
6.6
6.6
6.6
7.9
6.7
7.1
7. 1

—6. 0
-23.6
9.0
19.3
23.0
1.9
20.9

-4.6
-3-7
4.3
22.7
25. 1

-6.7
1.5
3.1
3.3
—8.0
11.4
-4.5

AS
PERCENTAGE
OF
LOANS O U T STANDING*

6.6
6.7
7.1
7. 1
7.5
7.1
6.2
6.9
6.6
6.9
6.4
6.7

-1.7
4. 1
5.5
17.5

-.3
-1.3
-2.9
11.4
-3-5

-1.2

|
I
.1
|
J

12.6

9.9
13.0
19.9

11.2

6.0
19.6
13.9
67.5
72. 1
43.7
71.6
21-3
41.8
45.4
67.0
43.3
83.2
49.2

60.2
63.9

4.3
4.2
4.0
4.4
4.2
4.1
4.0
3.0
3.8
3-5
3-4
4.3
3.9
4.0
4.0
4.1
3.8
4.2
4.0
4.4
5.8
4.5
5.3
4.7
5.1
5.4
6.3
5.6
6.6
6.0
6- 1
7.0

22
FEDERAL LAND BANKS
R E F I N A N C I N G AND REPAYMENTS
TWELVE-MONTH MOVING TOTAL

TABLE 2 2 4 . 3 M

I
I
1
|
I
|

YEAR
ENDING—

I

"REFINANCING

MILLIONS
OF
DOLLARS

_1

829.
835.
845.

.- I
-I
-I
-I

860.

890.
909.
928.
969.
997.
1041.
1067.
1109.
1137.

1 160.

1177.

1200.

-I 1 2 0 1 .
1
-I 1 2 0 7 .
-I 1 2 1 3 .
- I 1214.
-1 1212.
-I 1216.
-I 1 2 2 6 > • I 1212.
-I 1 2 1 5 .
1232.
.1
• -I 1 2 4 9 1251.
• - I 1256.
1
1294.
1 9 7 9 - J A N . . .-I
- F E B . . • - I 1308.
1328.
- M A R . . .-I

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

-APE...
-MAY..
-JUN..
-JUL..
-AUG..
-SEP-o
-OCT...
-NOV..
-DEC..

1364.
1420.
1453.
1495.
1537.

.-I
..I
• -1
- -1

.-1

.-I
--I
- - I
*• I
I

15421590.
164 5 .
1713.

1980-JAN..
-FEB.. ..I

1769.

— AP R . . - . 1
-MAY.. - - I
-JUN.. ..I
-JUL.. .-I
-AUG.. - . 1
-SEP.. • * I
-OCT.. - - I
-NOV. . • T I
-DEC. . - - I
I
1981-JAN.. * - 1
-FEB.. • * I
-MAR. . - - I
-APR.. • • 1
-MAY.. - . 1
-JON.. -•I
-JUL.. •• J
-AUG.. . . I
-SEP.. .-I
-OCT.. -..I
-NOV..
-DEC.. .1

1894.

1820.

...I

18421883.

1919.
1915.
1876.
1878.
1857.
1813.
1777.

1756.
1796.
184 3 .
1872.
1870.
1902.
1951.
1994.

2062.
2101.
2149-

2181.

1982-JAN..
-FEB..
-MAR..
-APR. - - - I
-MAY. * • - I
-JON
-JUL.
-AUG
-SEP.
-OCT.
-NOV.
-DEC.

2183.
2134.
2114.

198 3 - J A N .
-FEB.
-MAB.
-APR.
-MAY.

1458.
1391.
1308.

.-I
• ** I
::!

-JUS. . .
-JUL.
-AUG.

•

..I

i

2061.
2029.
1963.
1893.
184 9 .
1758.
1665.
1584.
1523-

1228.
1180.
1150.
1117.
1099.

AVERAGE LOANS O U T S T A N D I N G

"REFINANCING
"REPAYMENTS"




1

AS P E R C E N T A G E OF
LOANS O U T STANDING*

1

812.

-I
I
1 9 7 7 - J A N . - . -I
- F E B . . , -I
- M A R . . . -I
- A P R . . . -I
- M A Y . . . . -I
-JUN... .
1
-JUL.., . I
- AU G . .
-SEP...
-OCT...
-NOV..
-DEC..

1

CHANGE FROM
P R E V I O U S YEAR
J
|.
| MILLIONS
OF
-L DOLLARS

74 6 .
751.
766.
784.
789.
804.

1976-JAN...
-FEB. - — MAR...
-APR...
-MAY...
-JUN...
-JUL...
-AUG.. .
-SEP...
-OCT...
-NOV...
-DEC...

REPAYMENTS

OF FEDERAL LAND BANK LOANS

21.0

LOANS
CLOSED

REPAYMENTS
AND
REFINANCING

MILLIONS
OF
DOLLARS

CHANGE FROM
1
P R E V I O U S YEAR
|
|
| MILLIONS
PERCENT
OF
1
DOLLARS
1

I|
I|

AS
PERCENTAGE

|
i
1

STANDING*

|
OF
I
| LOANS O U T I
. ..

1818.
18.
18.
18.
1818.
19.
19.
19.
19.
19-

44.
44.
43.
4342.
42.
42.
42.
42.
42.
4243-

934.
973.
1015.
1053.
1071.
1091.
1106.
1125.
1141.
1153.
1179.
1185.

98.
146195.
235.
248.
258.
267.
287.
283.
291.
302.
265-

11.7
17.7
23.7
28.7
30. 1
31.0
31.8
34.3
33-0
33.7
34.5
28.8

6-3
6.4
6.6
6. 8
6.8
6.8
6.8
6.9
6.9
6.9
6.9
6.9

114.

15.2
14.5
14.3
15.0
17-3
15.8

121.

16.8

125.
1 48.

16-9
19.9

5- 0
5. 0
5- 0
5.0
5.0
5.0
5. 0
5- 1
5. 0
5.0
5- 1
5.2

163.
177.

21.9
23.6
26.4
27.1
31-9
32-8
36.6
37.2
38.9
39.3
39.4
35.0

5.2
5.3
5-4
5.5
5-7
5.8
5- 9
6.0
6. 0
6. 0
6. 1
6.0

20.
20.
20.
20.
2020.
21.
21.
21.
21.
21.
21.

42.
42.
43.
43.
44.
44.
44.
44.
45.
45.
45.
45.

1244.
1258.
1291.
1299.
1331.
1376.
1429.
144 9 .
1443.
1453.
14701476.

309.
285.
275.
246.
261286.
323.
324.
302.
300.
291.
291.

33.1
29.3
27-1
23.4
24.4
26.2
29.2
28.8
26.5
26.0
24.7
24.6

7.1
7. 1
7.2
7.2
7.3
7.4
7.6
7.6
7.5
7.5
7.5
7.4

32-7
30.6
25.3
21-6
16.9
14.9
9.4
6-9

4.3
4.6

6. 0
5.9
5.9
5. 8
5.7
5.7
5.6
5.5
5.6
5.6
5.5
5.5

21.
21.
22.
22.
22.
22.
21.
21.
21.
21.
21.
21-

45.
45.
45.
45.
44.
45.
45.
45.
45.
4545.
45.

1472.
1475.
1485.
1504.
1519.
1512.
1482.
149 1.
1504.
1525.
1526.
1557.

228.
217.
194.
205.
187.
135.
53.
42.
61.
72.
56.
80.

18.4
17.3
15.0
15.8
14. 1
9.8
3.7
2.9
4.2
5.0
3.8
5.4

7.3
7.2
7.2
7.2
7.2
7. 1
6.8
6.8
6.8
6.8
6.7
6.8

7.3
7.9
9.4
12.5
16.7
18.5
23.3
26.4
25.2
27.2
31.5
36.4

5.6
5.6
5.6
5. 7
5.8
5.9
6.0
6.0
6. 0
6. 1
6.2
6. 4

21.
2120.
2020.
20.
20.
20.
2020.
2020-

45.
45.
46.
46.
47.
48.
48.
4949.
50.
50.
51.

1570.
1573.
1579.
1587.
1590.
1588.
1609.
1616.
1614.
1615.
1624.
1621.

98.
98.
94.
82.
71.
77.
127.
125.
110.
90.
98.
64.

6.7
6.6
6.3
5.5
4.7
5. 1
8.6
8.4
7.3
5.9
6.4
4. 1

6.8
6.7
6.6
6.6
6.5
6.4
6.4
6.4
6.3
6.2
6. 1
6.0

36.7
39.2
38-7
38.0
33.4
32. 1

6.5
6.5
6. 5
6.5
6.5
6.4
6.3
6. 1
6.0
5.8
5.6
5.4

2120.
20.
20.
19.
19.
19.
1919.
19.
19.
18.

52.
52.
53.
54.
55.
55.
5555.
55.
54.
54.
54.

1643.
1651.
1634.
1610.
1576.
1560.
1554.
1530.
1552.
1557.
1541.
1536.

73.
7755.
24.
-13.
-28.
-56.
—86.
-62.
-59.
-83.
-85.

4.6
4.9
3.5
1.5
- . 8
-1.8
-3.5
-5.3
-3.8
-3.6
-5.1
-5.3

6-0
5.9
5.8
5.6
5.4
5.2
5.1
5.0
4.9
4.9
4.7
4.7

5.2
5.3
5.3
5.3
5.2
5.3
5.3
5.3
5.4
5.5
5.5
5.5

16.
19.
19.
19.
19*
19.
19.
1919.
19.
19.
19.

53.
54.
55.
55.
54.
5455.
56.
57.
58.
58.
58.

1527.
1522.
15291556.
1579.
1589.
1586.
1581.
1564.
1545.
154 0 .
1568.

-117.
-129.
-105.
-54.
2.
29.
33.
52.
12.
-12.
-1.
33.

-

7. 1
7.8
6.4
3.4
. 1
1.9
2. 1
3.4
.8
-.8
- . 0
2. 1

4.6
4.5
4.4
4.4
4.4
4.4
4.3
4.2
4. 1
4.0
3.9
3.9

19.
19.
2020.
20.

21.
21.
21.
212121.

58.
57.
56.
5555.
54.
53.
51.
49.
47.
45.
43.

1593.
1610.
1640.
1656.
1663.
1683.
1698.
1752.
1818.
1861.
194 0 .
1982.

67.
87.
111.
100.
8494.
112.
171.
254.
317.
401.
413.

4.4
5.7
7.3
6.5
5.3
5.9
7.0
10.8
16.3
20.5
26-0
26.3

3.9
3.9
3.9
3.9
3.9
3.9
3.9
4.0
4. 1
4. 1
4.3
4.3

2222.
22.
22.
22.
22.
22.
22-

41.
39.
37.
34.
33.
31.
30.
29.

2090.
2155.
22752344.
2449.
2513.
2588.
2674.

497.
545.
635.
687.
786.
830.
890.
921.

31.2
33-9
38.7
41.5
47.3
49.3
52.4
52.6

4-5
4.6
4.9
5.0
5-2
5.3
5.5
5.6

129.

111.
106.
103.

100.
101.

106.
122.

202.
213.
252264297.
308.
325.
332.
339.
311.
297.
284.
245.
215.
175.
159104.
78.
727251.
55.

95114.
152.
203.

226.
282321.
310.
340.
394.
457.
475.
512.
514.
519.
474.
466.
420.
339.
336.

268.
168.

17.3

16.0

6.2
6. 1

28.1

22.1
21.8
16.8

10.2

64.

3.7

-13.
-25.
1.
-11.
-24.
- 17.
37.

-.7
-1.3

118.

183.
244.
336.
404.

.0

—. 6
-1.3
-.9
1.9
6.3
9.8

13. 1

18.5
22.7

-58.
-145.
-303.
-437.
-565.
-657.

8.5
3.2
-3.0
-7.3
-14.7
-20.8
-26.3
-30. 1

5.4
5.2
5.1
4.9
4.7
4.5
4.3
4.2
3.9
3.7
3.5
3-3

-725.
-743.
-806.
-833.
-849.
-813.
-777.
-750-

-33.2
-34.8
-38.1
-40.4
-41.8
-41.4
-41.0
-40.6

3.2
3.0
2.8
2.6
2.5
2.4
2.4
2. 3

427.
338.
271.
189.
159.

61.

24.3

18.8
14.7

10. 1

DURING THE P R E C E D I N G

TWELVE

20-

MONTHS

(AVERAGE

OF E N D - O F - M O N T H

DATA).

OF F E D E R A L LAND BANK L O A N S " I S COMPUTED AS LOANS C L O S E D L E S S NES MONEY LOANED.
ARE COMPUTED AS NEW MONEY LOANED L E S S THE. CHANGE I N LOANS O U T S T A N D I N G .

TABLE 2 3 1 . 111

L I F E INSORAMCE COHPAMIES
FARM HOfilfiAGES OOTSTANDIMG AiiD ACQUIRED
FARM MORTGAGES ACQUIRES

FARM MORTGAGES OUTSTANDING
PERCENTAGE CHANGE
FROM PREVIOUS

MILLIONS OF COLLARS
END OF
MONTH

1 CHANGE FROM PREVIOUS*
1
_J
MONTH
TEAR

6731.
6769.
6815.
6876.
6946.
7005.
7072.
7127.
7184.
7219.
7291.
7425.

-22.
38.
46.
61.
70.
59.
67.
5557.
35.
72.
134.

431.
375.
387.
372.
403.
432488.
521.
553.
558.

1977-JAN...
-FEB. . .
-HAR.O-APR...
-MAY...
-JON...
-JOL...
-AUG
-SEP...
-OCT...
-NOV...
-DEC...

7434.
7510.
7640.
7814.
7924.
8139.
8235.
8330.
8475.
8570.
8649.
8842.

9.
76.
130.
174.

703.
741.
825.
938.
978.
1134.
1163.
1203.
1291.
1351.
1358.
1417.

1978-JAM...
-FEB...
-MAR...
-APR...
-MAY..,,
-JUN..,.
-JOL...
-AUG...
-SEP...
-OCT...
-NOV...
-DEC...

8891.
9001.
9205.
9386.
9523.
9712.
9828.
9965.

1976-JA N
-FEB...
-MAR...
-APR...
-MAY...
-JON...
-JUL...
-AUG
-SEP- . -OCT...
-NOV...
-DEC...

10116.
10276.
10366.
10499.

110.

215.
96.
95.
145„
95.
79.
193.

612.
672-

90.
J33.

1457.
1491.
1565.
1572.
1599.
1573.
1593.
1635.
1641.
1706.
1717.
1657.

16.

1624.

49.

110.
204.

181.
137.
189.

116.
137.
151.

160.

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

10515.

11480.
11571.
11726.
11864.
11996.
12104.
12180.

220.

1980—JAM...
-FEB...
-BAB...
-APR...
-MAT...
—JOM- . .
-JOL...
— AOG. .«
-SEP...
-OCT...
-MOV...
-DEC...

12213.
12299.
12433.
12546.
12656.
12743.
12752.
12783.

12869.
12902.
12958.

87.
9.
3135.
51.
33.
56.

1981—JAM. . .
-FEB...
-MAR...
-APR...
-MAT...
-JOM...
-JOL...
— AOG. • .
-SEP...
-OCT...
-NOV...
-DEC...

12931.
12974.
12975.
12985.
13031.
13044.
13101.
13132.
1314913168.
13149.
13100.

-27.
43.
1.
10.
46.
13.
57.
31.
17.
19.
-19.
-49.

718.
675.
542.
439.
375.
301.
349.
349.
331.
299.
247.
142.

1982—JAN...
-FEB...
-MAR...
-APR...
-MAT...
-JOM...
-JOL...
— AOG..,
-SEP...
-OCT...
-NOV..
-DEC..

13029.
12992.
12983.

-71.
-37.
-9.
-6.
15.
4.
-4.
-9.
-47.
-18.
-19.
-68.

98.

-39.
-48.
-109.
-149.
-213.
-250.
-250.
-269.

1983—JAM..
-FEB..
-BAR..
-APR..
-MAY..
—JOM..
-JOL..

12734.
12708.
12671.
12669.

-97.
-26.
-37.
-2.
12.
-10.
-2.

-295.
-284.
-312.
-308.
-311.
-325.
-323.




10682.
1092711089.

11260.

12818.

12977.

12992.
12996.
12992.
12983.
12936.
12918.
12899.
12831.

12681.
12671.
12669.

167.
245.

1681.

6.8

100.

.7
.9

6.0

136.

.6

1.0

.5
1.0
1.8

- 1

1.0

1.7
2.3
1.4
2.7
1.2
1.2

1.7

1. 1
.9

5.9
5.7
6.2
6.6

7.4
7.9
8.3
8.4
9.2

1.5
1.6
.9

1.3
.2
1.6

126.

160.

-82.

16.4
16.9

18.0
18.?

18.6

20.2

19.3
19.3
19.6
19.4
19.9
19.9
18.7

1181.
1057.
954.
873.
798.
778.

18.
8.
-8.

1. 1
.9
.9

.7
. 1
.2

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

.1
.4
.1
.4

.2
. 1

. 1
-.1

-.4

-.5
-.3
-. 1
-.0
. 1
.0
-.0
-. 1
.»
-.1
-. 1

-.5

-65.
-9.
184.

65.
19.
77.

-119.
7.
78.

40.
51.
52.
17.
37.
-3.
39.

-12.
-22.
24.

— 68.
— 1.

21.

18.

18.

11.2
-31. 1
-6.3
136.3

-37.3
3.5
37.7
-4.2
-8.1
9.6
-24.7
-.5

10.2

112.2
21.7
77.4
69.9
82.3
16.4
31.8

25.0
32.7
22.3

6.6

17.3
-1.1
23.2
9.6

8.6

-27.
13.
18.
-63.

-57.3
41.4
48.7
-38.9
10.9
41. 1
-54.5
21.2
-2.9
13.0
-26.5
16.3

-7.0
27.1
37.2
-12.5
5.6
36.0
-17.9
.0
-11.9
6.1
12.2
-24.6

26-45.
47.
-22.
-25.
-24.
-91.
-4.

6.4

219.
174.
221199.
174.
150.
59.
55.
76.
80.
90.
170-

33.
-89.
-170—40.
-91.
-224.
-111.
-151.
-124-146.
-76.
-23.

13.5
-20.5
27.0
-10.0
-12.6
-13.8
-60.7
-6.8
38.2
5.3
12-5
88-9

11.7
-33.8
-43.5
-16.7
-34.3
-59-9
-65.3
-13.3
-62.0
-64.6
-45.8
-11.9

5.9
5.5
4.4
3.5
3.0
2.4
2.7
2.7
2.6
2.3
1.9
1. 1

120.
164*
103.
104.
109.
74.
141.
70.
78.
6429.
52-

-50.
44.
—61.
1.
5.
-35.
67.
-71.
8.
-14.
-35.
23.

-99.
-10.
—118.
-95.
-65.
-76.
82.
15.
2.
—16.
—61*
-118.

-29-4
36.7
-37.2
1.0
4.8
-32.1
90.5
-50.4
11.4
-17.9
-54.7
19.3

-45.2
-5.7
-53.4
-47.7
-37.4
-50.7
139.0
27.3
2.6
-20.0
-67.8
-69.4

.8
.1
.1
-.1
-.3
-.*
-.8

68.
40.
77.
49.
128.
53.
58.
44.
34.
31.
49.

16.
-28.
37-28.
79-75.
5.
-14.
-10.
-3.
18.
17.

-52.
-124.
-26.
-55.
19.
-21.
-83.
-26.
-44.
-33.
20.
,
1«-

30.8
-41.2
92.5
-36.4
161.2
-58.6
9.4
-24.1
-22.7
-8.8
58.1
34.7

-43.3
-75.6
-25.2
-52.9
17.4
-28.4
-58.9
-37.1
-56.4
-51.6
69.0
26.9

52.
71.
74.
102.
79.
97.
81.

-14.
19.
3.
28.
-23.
18.
-16.

—16.
31.
-3.
53-49.
44.
23.

-21.2
36.5
4.2
37.8
-22.5
22.8
-16.5

-23.5
77.5
-3.9
108.2
-38.3
83.0
39.7

16. 1

110.

206.

82.
86.

34.5
71.3
10Q.0
71.2

-14.
56.
106.
-34.
14.
99.
-37.

.3
.7

134.
113.

207.
285.
273.
251.
215.
207.

21.

89.
147.
30.

60.0

-70.
77.
128.
-152.
26.
109.
-204.
36.
—6.
26.
—60.
27-

1698.
1617.
1506.
1457.
1396.
1263.

86.

200.

20.

128.

-33.S
-2.5
49.4
9.9
-16.4
29.9
-39.6
11.9

98.4
46.. 3
78.5
58.2

186.
263391.
239.
265.
374.
170.
206.
200.
226.
166.
193.

18.3
18.7
18.7

1681.

1.1

209.
144.
135.
319.

-110.

60.
40.
97-

*6.8
108.6

100.0

47.9
9.6
-19.7

76.

1.2

168.
188.

-4.
77.
23.
-42.
64.

16.0

-35.8

25.0
-29.3
14.3
6.7
66.7
74.7
150.9

—6. 2
-30.5
73.0

33.

1.3

156.
233.
256.
214.
278.

8.

50.
56.
83.
536125.
51.
89.

-34.6
16.0
17.2
-5.9
-2-3
4.8
5.3
-23.2

69.
13.
—63.

16.8
16.0

108.

.8

106.
123.
79.

20.

-48.
17.

-14.
-65-

.9
.6

91.
155.
138.
132.

2.0

PERCENTAGE CHANGE
ffiCH PREVICUS

227.
213.
148.
256.

2.3
1.5
1.5

162.

6.

242.

19.6
19.9
20.5
20. 1

1.5

—8.
-3.

10-0

.6
1.2

2.0
1.2
1.4

125.
131.
138.

16.
20.

10-4
10-9
12. 1
13.6
14.1

19. 1

2.0

128.

-53.

116.

2.2

2.3

116.

7.
-32.
17.
-44.
37.

16.2

1

_*

ACQUIRED | CHANGE FROM £ R E S I Q 0 S ] _
IN
J
I
M
MOUTH
1
flCMlfl
,—OlJLi
1_

-.3

1722.
1703.
1737.
1768.
1743.
1761.
1748.
1720.
1738.

171.

MILLIONS CF DOLLARS

18.1

18.2

18.2
17.7
17.7
17.3
16.7

15. 1
13.8
13. 1
12-4

11.0
10.2
9.0
8.0
7.3
6.6

-1.1

-1.6
-1.9
-1.9
-2.1
-2.3
-2.2

-2.4
-2.4
-2.4
-2.5
-2.5

66.

108.

2U

4.
10.
80.

L I F E INSUSANCE COMPANIES
FAR M MORTGAGES O O I S T A I D I N G A I D A C Q U I R E D
S E A S O N A L L Y - A D J U S T E D J)AIA

TABLE 2 3 1 . 2 H

FARM MORTGAGES A C Q U I R E D

FARM MORTGAGES OUTSTANDING
MILLIONS

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

OF COLLARS

CHANGE FROM P R E V I O U S

END OF
MONTH

I

I—
1

(SAAB)

i

MILLIONS
ACQUIREI

|

MONTH
fSAARl

|
1

tSAAfi)

P B B C B 1 T A 6 I CHANGE
BROM P R E V I O U S

OF D O L L A R S

CHANGE FROM P R B 1 I 0 U S
MONTH

YEAR

|

MONTH

1 9 7 6 - J AN
1
-FEB.
|
-MAR.
1
-APR
1
-MAY
|
-JUN
J
—JUL....|
-AUG
i
-SEP
1
-OCT
1
-NOV
|
-DEC
|

6771.
6823.
6850.
6881.
6946.
6981.
7044.
7103.
7159.
7199.
72937406.

525.
644.
336.
384.
814.
438.
792.
743.
703.
493.
1217.
1467.

439.
381.
388.
366.
398.
424.
483.
522.
551.
558.
615.
677.

7.8
9.5
4.9
5.6
11.8
6.3
11.3
10.6
9.9
6.9
16.9
20. 1

6.9
5.9
6.0
5.6
6. 1
6.5
7.4
7.9
8.3
8-4
9.2
10.1

1278.
1444.
1231.
1287.
1438.
1369.
1938.
1551.
1739.
1278.
1999.
2082-

1.
167.
-214.
56.
151.
-68.
568.
-387.
187.
-461.
722.
82.

261.
-670.
176.
5557756i .
1200.
795.
82$.
374.
912.
805.

. 1
13.0
-14.8
4.6
11.7
-4.8
41.5
-20.0
12. 1
-26.5
56.5
4. 1

25.6
-31.7
16.7
4.4
67.0
69.5
162.5
105.2

1977-JA N
1
- F E B . . . .1
-MAR
1
— APE. . . . |
-MAY.
|
-JUN
1
-JUL....|

982.
11291376.
1843.
1331.
2548..
1240.
1315.
1885.
1270.
1347.
2344.

712.
748.
827.
935.
974.
1124.
1158.
1201.
1288.
1347.
1358.
1420.

13.3
15. 1
18.2
24.0
17.0
32.2
15.3
16.0
22.7
15.0
15.8
27.1

10.5
11.0
12.1
13.6
14.0
16. 1
16.4
16.9
18.0
18.7
18.6
19.2

2039.
1897.
2130.
2572.
2418.
28162484.
2824.
2898.
2221.
2331.
2837.

-42.
-142.
233.
442.
-154.
398.
-332.
340.
74.
-677.
110.
506.

762.
453.
899.
1285.
980.
1446.
546.
1273.
1159.
943335756.

-2.0
-7.0
12.3
20.8
—6. 0
16-5
-11.8
13.7
2.6
-23-4
5.0
21.7

59.6
31.3
73.0
99.8

1
1
|
|

7483.
7571.
7677.
7816.
7919.
8106.
8202.
8305.
8447.
8547.
8651.
8826.

- F E B . . ..»1
-MAR.
1
-APR
1
-MAY
1
-JUN
|
—J U L . . . . |
-AUG
|
-SEP
1
—OCT....|
— NOV. . . . |
-DEC....|

8950.
9074.
9247.
9388.
9516.
9669.
9793.
9937.
10084.
10248.
10363.
10486.

1607.
1610.
2307.
1842.
1650.
2011.
1595.
1886.
1915.
2141.
1474.
1579.

1467.
1503.
1570.
1572..
1596.
1563.
1590.
1633.
1637.
1701.
1712.
1660.

18.2
18.0
25.4
19.9
17.6
21.1
16.5
19.3
19.3
21.2
14.4
15.2

19.6
19-9
20.4
20.1
20.2
19.3
19.4
19.7
19.4
19-9
19-8
18-8

2538.
2450.
2656.
2776.
2767.
2731.
3197.
3133.
3085.
3141.
2520.
2398.

-300.
-87.
205.
120.
-9.
-36.
466.
-64.
-48.
57.
-621.
-122.

498.
553.
526.
204.
349.
-81.
713.
309.
187.
920.
188.
-439.

-10.6
-3.4
8.4
4.5
- . 3
-1.3
17.0
-2.0
-:1.5
1.8
-19.8
-4.8

1 9 7 9 - J AN
|
-FEB
J
-MAR
1
— APR. . . . |
-MAY
|
-JUN....|
— J U Le • • « |
— AU G . . . . |
-SEP....|
-OCT....|
-NOV
|
-DEC.... |

10581.
10764.
10973.
11097.
11252.
11431.
11535.
11695.
11831.
11961.
12091.
12171.

1189.
2424.
2794.
1581.
2016.
2338.
1321.
2075.
1731.
1656.
1667.
984.

1631.
1690.
1726.
1709.
1737.
1762.
1743.
1758.
1746.
1713.
1728.
1684.

11.3
22.9
26.0
14.4
18.2
20.8
11.6
18.0
14.8
14.0
13.9
8.1

18.2
18.6
18.7
18.2
18.2
18.2
17.8
17.7
17.3
16.7
16.7
16.1

2309.
3109.
3644.
2489.
2805.
3767.
2580.
3162.
2751.
3266.
27211891.

-89.
800.
536.
-1155.
316.
962.
-1187.
582.
-410.
515.
-545.
-830.

-229658.
989.
-286.
38.
1036.
-617.
29.
-333.
125201.
-507.

-3.7
34.6
17.2
-31.7
12.7
34.3
-31.5
22.5
-13.0
18.7
-16.7
-30.5

-9.0
26.9
37.2
-10.3
1.4
37.9
-19.3
.9
-14-8
4.0

1980-JA N . . . . J
-FEB....|
-MAR....|
-APR
1
-MAY
|
—JU N . . . «• |
—J U L . . . . |
— AU G . . • . 1
-SEP
1
-OCT..... |
-NOV
|
-DEC
1

12281.
12386.
12484.
12565.
12652.
12700.
12725.
12745.
12781.
12826.
12876.
12950.

1395.
1315.
1232.
1004.
1095.
581.
309.
233.
445.
553.
608.
915.

1701.
1622.
1511.
1468.
1400.
1269.
1190.
1049.
950.
866.
785.
779.

11.5
10.7
9.9
8.0
8.7
4.6
2-4
1.8
3.5
4.3
4.7
7.1

16.1
15. 1
13-8
13.2
12-4
11. 1
10.3
9-0
8.0
7.2
6.5
6.4

2698.
2021.
207*.
2092.
1807.
1548.
863.
8*3.
1064.
1152.
1415.
1737.

606.
-677.
50.
22.
-285.
-259.
-685.
-20.
222.
88.
263.
322-

389.
-1088.
-1574.
-397.
-998.
-2219.
-1717.
-2319.
-168 7.
-2114.
—1306.
-154.

#2.6
-25.1
2.5
1.1
—13. 6
-14.3
-44.3
-2.4
26.3
8.3
52.8
22.7

16.9
-35.0
-43.2

4.2
5.5
-2.7
-1.4
1.3
-2.0
6.4
3.5
1.9
.7
- . 9
-2.5

5.8
5-4
4-3
3.5
2.9
2.4
2.7
2.8
2.7
2.4
1.9
1. 1

1456.
1903.
967.
10881111791.
1956.
1082.
1126.
942.
435.
534.

-281.
#47.
-937.
122.
23.
-320.
1165.
-874.
44.
-184.
-507.
99.

-1242.
-113.
-1104-1004.
-696.
-758.
1093.
239.
62.
-210.
-980.
-1202.

-16.2
30.7
-49.2
12.6
2. 1
-28.8
147.3
-44.7
4.1
-16.3
-53.8
22.8

-46.0
-5.8
-53.3
-48.0
-38.5
-48.9

-.6
2.3
2.8
2.4
1.9
2.3
.0
- . 3
-3.9
-2.7
-1.3
-4.2

.7
-1
.1
- . 0
- . 3
- . 3
- . 8
-1.1
-1.6
-1.9
-1.9
-2. 1

824.
460.
739.
505.
1306.
582.
770.
685.
494.
465.
722.
672.

289.
-363.
279.
-235.
801.
-723.
188.
-85.
-191.
-30.
258.
-50-

-632.
-144 3.
-227.
-584.
195.
-206.
-1186.
-397.
-632.
-477.
287.
138.

54. 1
-44.1
60.6
-31.8
158.7
-55.4
32.2
-11.0
-27.8
-6. 0
55.5
-6.9

-43.4
-75.8
-23.5
-53.6
17.5
-26.4

627.
819.
719.
1043.
803.
1098.
1037.

-45.
191.
-100.
324.
-240.
295.
—61.

-196.
358.
—20.
539.
-503.
516.
267.

-6. 7
30.5
-12.2
45.1
-23.0
36.8
-5.6

-23-8
77.9
-2.7

I

—AUG*...1
-SEP
-OCT
-NOV
-DEC

I
1978-JAN...® |

I

I

1981-JA N
1
—FEB....1
— MAR. . . •• |
-APR
1
-MAI.
1
-JUN
1
—J U L . . . . |
-AUG....|
—S E P . . . . J
-OCT.... |
-NOV.... |
—DEC....|

12994.
13053.
13023.
13007.
13021.
12999.
13066.
13104.
13125.
13132.
13122.
13095.

546.
718.
-354.
-188.
163.
-262.
836.
459.
251.
86.
-119.
-324.

713.
667.
539.
443.
368299..
341.
359.
344.
306.
246.
145.

1982-JA N . . . . |
—F E B . . . . |
—MAR....|
— AP R . . . . |
-MAY
1
-JUS....|
—JUL....|
— AU G . . . . J
-SEP.... |
-OCT.... |
-NOV
i
-DEC
|

13088.
13062.
13031.
13005.
12984.
12958.
12959.
12955.
12913.
12883.
12870.
12824.

-84.
-302.
-368.
-313.
-246.
-304.
3.
-40.
-500.
-349.
-163.
-537.

93.
9.
8.
-3.
-37.
-40.
-108.
-149.
-212.
-248.
-252-270.

I

I

1983-JA N
1
—FE B* • • j
—MAR. . • « |
—AP R . . . . |
-MAY..._*
—JU H . . . . |
—JUL.... |




L

12788.
12773.
12720.
12702.
12680.
12643.
12643.

-425.
-184.
-619.
-212.
-267.
-433.
-3.

-299.
-289.
-311.
-302.
-304.
-315.
-316.

-

—3. 3
-1.4
-4.8
-1.7
-2. 1
-3.4
- . 0

-2-3
-2.2
-2.4
-2.3
-2.3
-2-4
-2.4
Li

1

LL-

i

90)-4
41.5
83.9
63.0

68.1

105.6

28.2

82.1

66.7
73.8

16.6

36.3
24.4
29.2
24.7
7.9
14.5
-3.0
28.7
10.9
6.5
41.4

8.1

-15.5

8.0

-21-1

-16.0
-35.6
-58.9

-66.6
-73.3
—61.3
-64.7
-48.0

-8.2

126.6

28.4
5-8
-18.3
-69.2
-69.2

-60.6

-36.7
-56.1
-50.7
65.9

25.8

106.8

-38.5

88.6
34.6

TABLE 2 3 1 . 3 1 1
L I F E INSURANCE COMPANIES
FARM MORTGAGES ACQUIRED
T8ELVE—MONTH MOVING TOTAi.
|
1
1 MILLIONS 1
|
OF
DOLLARS 1
|
1
1
1
i
1
1 9 7 6—JAN
1
1095.
1047.
-FEB
|
1064.
-MAR
J
1072.
—APR....|
1122.
-MAY
|
1178..
-JON
1
1261.
-JUL..-.]
1314.
-AUG...- |
1375.
-SEP.... |
-OCT
|
140 0 .
1451.
-NOV
|
1540.
-DEC....|

TEAR
ENDING—

CHANGE FBOfl
P R E V I O U S YEAR
MILLIONS
OF
DOLLARS

PERCENT

|
|

1

AS PERCENTAGE OF
OUTSTANDING

MORTGAGES*

COMMITMENTS*

97.
-51.
-29-49.
21.
99.
223.
296.
350393.
432.
465.

9.7
-4.6
-2.7
-4.4
1.9
9.2
21.5
29. 1
3 4. 1
39.0
42.4
43.3

17.
16.
16.
16.
17.
18.
19.
19.
20.
20.
21.
22.

244.
235.
240.
241.
249.
258.
271.
278.
287.
288.
293.
307.

1977-JAN
1
-FEB..,.. 1
MA R . . . . |
-APR....1
—MAY....|
-JUN
|
-JUL....|
—AUG.o.•|
— SEP. . . . |
-OCT
1
—NOV....|
-DEC
i

1600.
1640.
1737.
1865.
1954.
2101.
2131.
2213.
2299.
2364.
2383.
2460.

505.
593.
673.
793.
832.
923.
870.
899.
924.
964.,
932.
920.

46.1
56.6
63.3
74.0
74.2
78.4
69.0
68.4
67.2
68.9
64.2
59.7

23.
23.
24.
26.
27.
28.
28.
29.
30.
30.
30.
31.

314.
316.
328.
345.
353.
368.
364.
368.
372.
371.
365.
368.

1978-JAN
|
-FEB
1
— HA H . . . . |
-APR....|
-MAI... .1
-JON....|
-JUL....|
-AUG
|
-SEP
|
—OCT....J
-NOV
|
-DEC....j

2500.
2551.
2603.
2620.
2657.
2654.
2693.
2711.
2729.
2798.
2811.
2748.

900.
911.
866755.
703.
553.
562.
498.
430.
434.
428.
288.

56.3
55.5
49.9
40.5
36.0
26.3
26.4
22-5
18-7
18-4
18-0
11.7

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

364.
364.
363.
356.
354.
349.
346.
342.
339343.
344.
333.

1979-JAN
1
-FEB
1
-MAR...-I
-APR
1
-MAY
1
-JUN....J
-JUL....|
—AUG....|
—SEP. . . . |
-OCT.... |
-NOV
.1
-DEC
J

2734.
2790.
2896.
2862.
2876.
2975.
2938.
2938.
2911.
2924.
2942.
2879.

234.
239.
293.
242..
219.
321.
245.
227.
182.
126.
131.
131.

9.4
9.4
11.3
9.2
8.2
12.1
9.1
8.4
6.7
4.5
4.7
4.8

28.
28.
29.
28.
28.
29.
28.
27.
27.
27.
26.
25.

326.
327.
336.
331.
328.
333.
327.
324.
317.
316312.
301.

1980-JAN
1
-FEB-...|
-MAR
|
—APR....|
-MAY....*
-JUN....|
-JUL
|
—AUG....|
-SEP....|
-OCT
1
-NOV...-J
-DEC
1

2912.
2823.
2653.
2613.
2522.
2298.
218 7.
2036.
1912.
1766.
1690.
1667.

178.
33.
-243.
-249.
-354.
-677.
-751.
-902.
-999.
-1158.
-1252.
-1212.

6.5
1.2
-8.4
-8.7
-12.3
-22.8
-2 5.6
- 3 0.7
-34.3
-39.6
-42.6
-42.1

25.
24.
23.
22.
21.
19.
18.
17.
15.
14.
13.
13.

302.
295.
280.
281.
283.
272.
273.
268.
267.
259.
261.
271.

198 1 - J A N
|
-FEB.... J
-MAR....|
-APR...-|
-MAY
|
-JUN
|
-JUL
|
-AUG...-!
-SEP.... |
-OCT
|
-NOV.... J
-DEC....|

1568.
1558.
1440.
1345.
1280.
1204.
1286.
1301.
1303.
1287.
1226.
1108.

-1344.
-1265.
-1213.
-1268.
-1242.
-1094.
-901..
-735.
-609.
-479.
-464.
-559.

-46.2
-44.8
-45.7
-48.5
-49.2
-47.6
-41.2
-36.1
-31.9
-27.1
-27.5
-33.5

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

270.
282.
275.
265.
254.
236.
250.
255.
262.
269.
272.
264.

1982—JAN
1
-FEB....|
— HA R . . . . |
-APR....1
-MAY.
1
-JUN
|
-JUL....|
-AUG....|
-SEP
|
-OCT....|
-NOV
1
— DEC. . . . |

1056.
932.
906.
851.
870.
84 9 .
766.
74 0 .
696.
663.
683.
697.

-512.
-626.
-534.
-494.
-410.
-355.
-520.
-561.
-607.
-624.
-543..
-411.

-32.7
-44.2
-37. 1
-36.7
-32.0
-29.5
-40.4
-43. 1
—46. 6
-4 8.5
-44.3
-37.1

8.
7.
7.
7.
7.
6.
6.
6.
5.
5.
5.
5.

268.
249.
252.
250273.
290282.
287.
282.
277.
288.
295.

681.
712.
709.
762713.
757.
780.

-375.
-220.
-197.
-89.
-157.
-92.
14.

-35.5
-23.6
-21.7
-10.5
-18.0
-10.8
1.8

5.
6.
5.
6.
6.
6.
6.

286.
293.
287.
295.
262.
264.
257.

1983-JAN
1
-FEB. . .» |
— MAR. ••. . 1
— AP R . . . . 1
-MAY.... J
-JUN
|
-JUL. . . - |

1

•

ATEBAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS




(AVERAGE OF BNS-CF-MONTH D A T A ) .

TABLE

232-1M
FARM
"OUTSTANDING
MILLIONS
" E N D OF
MONTH

1
1976-JAN
1
-FEB.,
1
— MAR.. — n |
-APR
|
-MAY
|
-JUN
1

OF

FARM

PERCENTAGE CHANGE
FROM PREVIOUS

PREVIOOS|_
I

MILLIONS
MADE IN
f_.

7.
11.
2.
22.
-19.
8-3.
7.
26.
62.
10.
-39.

-30.
-23.
1371.
6991.
88.
89.
82.
109.
86.
94.

1.5
2.4
.4
4.6
-3.8
1.7
—- 6
1.4
5.3
11.9
1.7
-6.6

-6.0
-4.6

104.
109.

16.5
16.7

134.

1977-JA N
|
-FEB...-|
-MAR.. ... J
-APR
|
-MAY
|
-JUN
1
-JUL..-., |
-AUG....|
—SEP. . — — |
-OCT.... 4
-NOV....|
-DEC... »|
1
1978-JA N . . - . ]
-FEB
1
MA R . . . . |
-APR.... J
-HAY
|
-JUN
J
—JOL.... |
—AUG....1
-SEP
|
-OCT
|
— NOV. . . . f
-DEC
1

567.
614.
603.
663.
680.
671.
673.
696.
745.
769.
782768.

14.
47.
-11.
60.
17.
-9.
2.
23.
49.
24.
13.
-14.

101.
137.
124.
162.
198181.
186.
202.
225187190.
215.

2.5
8.3
-1.8
10.0
2-6
-1.3
.3
3.4
7.0
3.2
1.7
-1.8

21.7
28.7
25.9
32.3
41.1
36.9
38.2
44.9
43.3
32. 1
32. 1
38.9

742.
818.
827.
846.
800..
869.
856.
84 1.
862.
800.
882.
912.

— 26.,
76.
9„
19.
-46.
69.
-13.
-15.
21.
-62.
82.
30.

175.
204.
224.
183120.
198.
183.
145.
117.
31.
100.
144.

-3.4
10.2
1. 1
2.3
-5.4
8.6
-1.5
-1.8
2-5
-7.2
10.2
3.4

30.9
33.2
37.1
27.6
17.6
29.5
27.2

1979-JAN
1
-FEB
1
-MAR...«|
-APR
|
-MAY.... |
—JUN...—I
-JUL....|
— AUG. . . . |
-SEP.-.-|
-OCT
|
-NOV
|
-DEC
|

913.
943.
850983.
1010.
942.
937.
974.
948.
1018.
1052.
996.

1.
30.
-93.
133.
27.
-68.
-5.
37.
-26.
70.
34.
-56.

171.
125.
23.
137.
210.
73.
81.
133.
86218.
170.
84.

-1
3-3
-9.9
15.6
2.7
-6.7
- . 5
3.9
-2.7
7.4
3.3
-5.3

23.0
15.3

1980-JAN
1
-FEB.. . . |
-MAR....)
—APR....J
-MAY
|
-JUN....I
—JUL. — — — |
-AUG
J
-SEP....|
-OCT.
|
-NOV
|
-DEC
1

833809.
665.
525.
453.
415.
424.
468.
536.
601.
644.
587.

-163.
-24.
-144.
-140.
-72.
-38.
9.
4468.
65.
43.
-57.

-80.
-134.
-185.
-458.
-557.
-527.
-513.
-506.
-412.
-417.
-408.
-409.

-16.4
-2.9
-17.8
-21. 1
-13.7
-8.4
2-2
10.4
14.5
12. 1
7.2
-8-9

-46.6
-55.1
-55.9
-54.7
-52.0
-43.5
-41.0
-38.8
—41. 1

1 9 8 1 - J AN
|
-FEB..... |
— MA R . . . . |
-APR
|
-MAY
-JUN
|
-JUL
j
AU G . • . ]
-SEP
1
-OCT
|
-NOV
1
-DEC....|

502.
464.
48348252 1 .
469.
361328300.
271.
271.
279.

-85.
-38.
19.
-1.
39.
-52.
-108.
-33.
-28.
-29.

-331.
-345.
-182.
-43.
68.
54.
-63.
-140.
-236.
-330.
-373.
-308.

-14.5
-7.6
4. 1
- . 2
8.1
-10.0
-23-0
-9. 1
-8.5
-9.7
.0
3.0

-39.7
-42.6
-27.4
-8.2
15.0
13.0
-14.9
-29.9
-44-0
-54.9
-57-9
-52.5

-3.9
4.5
-1 1.8
-8.9
-6.7
4.3
-8.7
-3.5
9.3
12.8
12.2
12.7

-46.6
-39.7
-48.9
-53.3
-59.7
-53.3
-44.6
-41.2
-29.7

8.

1982-JAN
1
-FEB
1
— HAR. . . . |
-APR
|
-MAY. . . . |
- JU N. . . . |
-JUL.... |
—AUG....|
— SEP- o • — |
-OCT....!
-NOV
|
-DEC....|

268.
280.
247.
225.
210.
219.
200.
193.
211.
238.
267301.

-11.
12.
-33.
-22.
-15.
9.
-19.
-7.
18.
27.
29.
34.

-234.
-184.
-236.
-257.
-311.
-250-161.
-135.
-89.
-33.
-4.
22.

1983-JAN
1
-FEB
|
— MAR. — • •• |
-APR.o.-l
— HA Y . « • u j
- JU N . » .«, |
-JUL....I

321.
332381.
391.
392.
408.
466.

20.
11.
49.
10.
1.
16.
58.

53.
52134.
166.
182.
189.
266.




6.6
3.4
14.8
2.6
-3
4- 1
14.2

2.8

22.8
22.1
22-0
18.7
23.0
17.0
20.5

20.8
15.7
4.0

12.8
18.8
2.8
16.2

26.2
8.4
9.5
15.8

10.0
27.2
19.3
9.2

116.
116.
114.
117.
84.
119.
131.
138.
184.

-21.8

203.
264.

211.
230.

216.
271.
175.
193.
184.

161.
208.
228.
245.
301.
257.
343.
257.
184.
154.
209.
196240.
230.

101.
161.
127.
45.

26.
5371.

121.
131.

180.
144.

63.
98.
104.
131.

101.

68.
23.
51.
29.

26.
44.

61.
38.

61.

-1.5
7.9

41.
53.
39.
49.
19.
24.
39.
50.
80.
90.

19.8

66.

-12.2

18.6

54.3
73.8
86.7
86.3
133.0

h

.

78.

102.
107.
73.

102.

156.

FROM

10.
5.
7.
18.
-18.
-2.
3.
-33.
35.
12.
7.
46.

-

-

MORTGAGE C O M M I T M E H S
I

DOLLARS

MONTH

176.
198.

86.

-14-2

OF

218.
245.
230.
199.
165.
386.
2D 7 .
197.
172.
243.

NEW

FARM

| CHANGE

MONTH |

466.
477.
479.
501.
482.
490.
487.
494.
520.
582.
592.
553.

— AU G . . . . . |
-SEP
|
-OCT
|
-NOV.
|
-DEC....|

AND

NEW

MORTGAGE COMMITMENTS

COLLARS

1 CHANGE FROM
|
MONTH

LIFE INSURANCE COMPANIES
MORTGAGE C O M M I T M E N T S — 0 U T S 3 A N D I H G

2220.
27.
15.
31.
34.
21.
21.
10.
25.
71-

-40.
61.
7.
-41.
-14.
55.
-96.
18.
-9.
-23.
47.
2017.
56.
-44.

86.

-86.

-73.
-30.
55.
-13.
44.

.

.

_*

liifij
48.
-4.
35.

88.
52.

60.
4-4.
1525.

4.8
6.4
15.5
-13.4
-1.7

2.6

85.7
-3.5
43.2
191.3
81.3

111.1
6Q.3
21.7

72.
89.

-4.3
12.5

69.2
81.7
87.9

111.

10. I

12.4
-6. 1
-13.5
-17. 1
12.7
11.3
-4.8
-12.7
41.3

98.3
74.6
41.0
121.4
73.9
50.4
24.6
32.1

102.
114.
8548.
102-

88.
66.
34.
59.

27.

66.

53.
-15.
-14.
72.

10.

7.
-23.
—36.
36.
-15.
42.
37.
-14.
113.
41.
-87.

-21.

16.

12.

79.

22.
—127-

-15.
75-34.
-82.
-19.
27.
18.
50.
10.
49.
— 36.
—56.

-159.
-140.
-130-298.
-231.
-131.
-83.
-88.
—65—60.
-86.
-13.

-25.
35.
6.
27.
-30.
-33.
-45.
28.
-22.
-3.
18.
17.

-23.
—63.
-23.

-24.
12.
24.
5.
-34.
29.
54.

10.6

48.
90.

26.

-10.

10.

1

i_

-28.2
411.7
1
5-3
33.3

-129.

-23.
23-20.
12.
-14.
10.
-30.
5.
15.
11.
30.

P E R C E N T A G E CHANGE
fBCfl PREVIOUS

PREVIOUS|j

86.

7515.
-48.
-70-102.
-154.

-100.
-21.

10.

-16.5
30.0
2-7
-15.1
—6. 1
25.5
-35.4
10.3
-4.7
-12.5
29.2
9.6
7.5
22.9

-14.6
33.5
-25.1
-28.4
-16.3
35.7

-6.2

22.4
-4.2
-56.1
-14.9
87.2

-21. 1
-64.6
-42.2
103.8
34.0
70.4
8.3
37.4

-20.0
-38.9
-28.4
55.6
6. 1

26.0

-22.9
-32.7

-66.2
121.7
-43.1
-10.3
69.2
38.6

26.6
24.8
53.3
95.7

82.8

15.3
33.3
24.3

—6. 1
—6. 1
36.2

6.1
3.8

-11.1
-18.3
20.9

-6.2

20.7
14.0
-5.2
49.1
19.0
-32.1

-12.0
8.3
6.5
49.1

10.6

-55.7

-64.9
-46.5
-50.6
-66.9
-89.9
-71.2
-53.9
-42.1
-33.2
-25.0
-37.4
-12.9
-26.7
-39.1

-18.1
191.1
288.5
28.3
-67.6
-57.9
-77.9
-85.6
-69.4
-30.7
-39.7
-37.8
-60.6
-59.5
-61.4
-27.9
-17.4
-52.9
34.5
92.3

-25.
-37.
-63.
-76.
-62.
-19.
- 4 .
-27.
10.
24.
36.
29.

-37.7
60.5
-32.8
29.3
-26.4
25.6

12.5

47.5

28.

-26.7

17.
61.
5 4.
34.
53.
137.

30.8
4.9
-31.8
39.7
52.9

73.7
27.9
148.8
101.9
87-2
108-2
721.1

-61.2
26.3
62.5

28.2
60.0

18.2

81.8

TABLE 2 3 2 . 2 M

L I F E INSURANCE COMPANIES
FARM MORTGAGE COMMITMENTS—OU3LS1ANDING AND NEW
SEASONALLY-ADJUSTED DATA
OUTSTANDING FARM MORTGAGE COMMITMENTS
MILLIONS OF DOLLARS

I

CHANGE FROM
END OF
MONTH

MONTH
1SAAR)

TEAR

I
1
1

MILLIONS CF DOLLARS

MONTH
ISkkSi

YEAR

MADE 16
MONTH
(SAAR)

I

1
1
1
1
1
|
|

NEB FARM MORTGAGE COMMIlMINTS

PERCENTAGE CHANGE

1 CHANGE FROM P R E V I O U S J ,
,
J
I
MONTH
YEAR
1
1
> 1
|

PERCENTAGE CHANGE
FROM PREVIOUS
MCNTH

YEAS

197 6 - J A N
-FEB
MA Ba • . m J
-APR.
-MAY
1
-JON
|
—JUL«-• • |
-AUG
1
-SEP
|
-OCT
|
-NOV
1
-DEC
1

482.
473.
486.
498.
48 7 .
496.
503.
506.
515.
556.
559.
554.

169.
-101.
176.
176.
-116.
111.
98.
34.
120.
779.
36.
—63.

-34.
-25.
12.
69.
70.
97.
95.
95.
85.
104.
80.
84.

36.0
-20.9
37.2
36.2
-23.2
22.7
19.8
6.8
23.8
151. 1
6.5
-11.3

-6. 6
-5.0
2.6
16.1
16.9
24.3
23. 1
23.0
19.8
23.1
16.7
17.8

1308.
1120.
1174.
1334.
1299.
1504.
1620.
1092.
1557.
1692.
1818.
2219.

130.
-188.
55.
160.
-35.
205.
115.
-528.
*65.
135.
126.
401.

575.
-52.
370.
878.
592.
805.
621.
223.
304.
289.
625.
1041.

11.0
-14.4
4.9
13.6
-2.6
15.8
7.7
-32.6
42.6
8.7
7.4
22.0

78.6
-4.4
46.0
192.9
83.8
115.1
62.2
25.6
24.4
20.6
52.3
88.4

1977-JAN
1
-FEB.o.« |
-MAR....|
-APR
J
— MAI- . . - |
—JUN.... |
—JUL.n . . |
-AUG....|
-SEP..-.J
-OCT... . |
-BOY
|
-DEC
|

582.
604.
609.
660.
693.
685.
704.
721.
744.
737.
736.
749.

447.
326.
62.
1016.
515.
-89.
273.
221342.
-85.
-15.
181.

99.
131.
123.
162.
206.
189.
201.
215.
229.
181.
176.
196.

80.8
56.1
10.3
167.0
78.0
-12.8
39.9
31.3
47.4
-11.5
-2. 1
24.6

20.6
27.6
25.3
32.6
42.2
38.2
40.0
42.4
44.5
32.5
31.6
35.3

2216.
2008.
2217.
2444.
2651.
2734.
2371.
2448.
2650.
2463.
2132.
2888.

-3.
-208.
209.
227.
207.
83.
-363.
77.
202.
-187.
-332.
756.

909.
888.
104 3 .
1110*
1352.
1229.
751.
1356.
1093.
771.
313.
669.

-. 1
-9.4
10.4
10.2
8.5
3. 1
-13.3
3.3
8.2
-7.0
-13.5
35.5

69.5
79.3
88.8
83.2
104.1
81.7
46.4
124.2
70.2
45.5
17.2
30.1

1978—JAN.... 1
-FEB
1
-MAR
1
APR. . . . |
-MAY....I
—JO N. •> . » |
-JUL
J
-AUG
1
—SEP.... |
-OCT.... . J
-NOV
1
-DEC
1

754.
796.
832.
847.
819.
890.
911.
881.
870.
772.
828.
867.

59.
698.
550.
195.
-281.
1427.
283.
—306.
-114.
-663.
998.
614.

172.
193.
223.
186.
126.
205.
207.
160.
126.
36.
92118.

7.9
92.6
69.0
23.4
-33. 1
174.3
31.8
—33. 6
-13.0
-76. 1
129.3
74.2

29.6
31.9
36.7
28.2
18.1
30.0
29.3
22.2
16.9
4.8
12.5
15.7

2628.
2661.
2778.
2268.
2512.
3897.
2715.
2516.
2359.
1946.
2399*
2680.

-259.
32.
117.
-510.
24*.
1385.
-1182.
-199.
-157.
-413.
453.
281.

412.
653.
561.
-176.
-135.
1163.
34*.
68.
-291.
-517.
267.
-208.

-9.0
1.2
4.4
-18.4
10.8
55.1
-30.3
-7.3
-6.2
-17.5
23.3
11.7

18.6
32.5
25.3
-7.2
-5.2
42.6
14.5
2.8
-11.0
-21.0
12.5
-7.2

1979-JA N
l
-FEB....#
-MAR.... |
— AP R . . . . |
- MAT. . . . i
—JUN...., |
-JUL....|
-AUG.
1
-SEP
|
-OCT
1
-NOT....I
— DEC. e . . 1

917.
907.
849.
991.
1042.
959.
1013.
1034.
967.
994.
990.
927.

844.
-121.
-494.
4548.
831.
-659.
894.
290.
-572.
367.
-38.
-543.

163.
110.
17.
144.
224.
68.
102.
154.
97.
221.
163.
60.

97.4
-13.2
-54.5
535.6
83.9
-63.2
93.2
28.6
-55.3
37.9
-3.8
-54.9

21.7
13.9
2.1
17.0
27.3
7.7
11.2
17.5
11.1
28.6
19.6
6.9

3358.
2941.
2661.
3337.
2997.
2759.
2618.
2657.
2575.
2908.
2472.
1156.

678.
-417.
-279.
676.
-340.
-238.
-1*0.
39.
-82333.
-436.
-1316.

729.
280.
-117.
1069.
485.
-1138.
-97.
141.
216.
962.
73.
-1524.

25.3
-12.4
-9-5
25.4
-10.2
-7.9
-5.1
1.5
-3. 1
12.9
-15.0
-53.2

27.8
10.5
-4.2
47.1
19.3
-29.2
-3.6
5.6
9.1
49.4
3.1
-56.9

1

-APR..... |
-MAY....*
— JU N.«,. . |
—JUL.u..J
—AUG.«..1
-SEP.. . - |
—OCT.. . . |
— NOV... . |
-DEC
|

824.
773.
658.
531.
469.
420.
464.
504.
554.
593.
608.
538.

-700.
-442.
—660.
-609.
-413.
-342.
9*9.
786.
1075.
704.
199.
-467.

-93.
-134.
-191.
-460.
-574.
-539.
-549.
-531.
-413.
-400.
-383.
-389.

-75.6
-53.7
-85.4
-92.4
-77.7
-72.9
225.8
169.5
213.5
127. I
33.6
-76.8

-10.2
-14.8
-22.5
-46.4
-55.0
-56.2
-54.2
-51.3
-42.7
-40.3
-38.6
-41.9

1218.
1552.
1321.
429.
304.
831.
1303.
1524.
1783.
2184.
1461.
973.

62.
334.
-232.
-891.
-125.
527.
472.
221.
259.
*00.
-723.
-488.

-2139.
-1388.
-1340.
-2908.
-2692.
-1928.
-1316.
— 1133.
-792.
-724.
-1012.
—183.

5.4
27.4
-14.9
-47.5
-29. 1
173.0
56.7
17.0
17.0
22.5
-33. 1
-33.4

-63.7
-*7.2
-50.4
-87.1
-89.8
-69.9
-5Q.2
-42.6
-30.7
-24.9
-40.9
-15.9

1981-JAN
1
-FEB.... |
-MAR
|
— APR. . . . 1
—MAI... . |
-JU#
|
-JUL
|
-AUG.... |
—SEP... . |
-OCT.... |
-NOV
1
-DEC
1

489.
441.
473.
488.
541.
471.
397.
358.
313.
269.
257.
254.

-365.
-349.
578.
224.
1189.
-439.
-411.
-281.
-286.
-263.
-116.
-31.

-335.
-332.
-186.
-43.
73.
51.
-67.
-146.
-240.
-324.
-351.
-284.

-67.8
-71.4
131.1
47.5
243.5
-81.0
-87.3
-70.9
-79.7
-84.0
-43.0
-11.9

-40.6
-42.9
-28.2
-8.0
15.5
12.1
-14.4
-28.9
-43.4
-54.6
-57.7
-52.8

915.
930.
1078.
12*6.
1200.
1109.
*39.
642.
405.
317.
430.
653.

-57.
15147.
168.
-46.
-90.
-670.
203.
-237.
-89.
113.
223.

-303.
-622.
-2*3.
817.
695.
278.
-86*.
-882.
-1378.
-1867.
-1031.
-319.

-5.9
1.7
15.8
15.6
-3.7
-7.5
-60.4
*6.3
-36.9
-21.9
35.8
52.0

-24.9
-*0.1
-18.4
190.2
294.0
33.5
-66.3
-57.9
-77.3
-85.5
-70.6
-32.8

259.
266.
240.
227.
218.
219.
221.
212.
222.
237.
254.
274.

59.
108.
-188.
-116.
-90.
12.
19.
-80.
140.
275.
302.
369.

-231.
-175.
-233.
-261.
-323.
-252.
-176.
-146.
-92.
-32.
-3.
19.

23.2
41.6
-70.7
-48.4
-39.5
5.6
8.8
-36.5
66.0
124.2
127.4
14 5 . 5

-47.2
-39.6
-49.2
-53.4
-59.7
-53.5
-44.4
-40.7
-29.3
-11.9
-1.2
7.6

554.
586.
423.
503.
467.
811.
369.
302.
551.
609.
773.
947.

-99.
32.
-163.
80.
—36.
344.
-442.
-67.
249.
58.
164.
174.

-361.
-344.
-655.
-743.
-733.
-298.
-70.
-340.
146.
292.
, 343.
294.

-35. 1
5.7
-27.8
18.9
-7.2
73.8
-54.5
-18. 1
82.4
10.5
27.0
22.5

-39.4
-37.0
-60.7
-59.6

309.
315.
370.
395.
408.
406.
515.

897.
90.
1800.
439.
194.
-22.
6579.

50.
49.
'129.
167.
190.
187.
294.

328.1
29.3
570.7
118.9
49.3
-5.3
1619.9

19.4
18.5
53.9
73.5
87.1
85.4
133.4

970.
755.
1051.
1016.
874.
1619.
3068.

23.
-216.
296.
-35.
-142.
805.
1389.

416.
169.
628.
533.
407.
868.
2699.

2.5
-22.2
39.2
-3.3
-14.0
92.2
82.7

75.0
28.8
148.4
101.9
87.2
147.0
733.7

1980-JAN
|
-FEB.,.. |
—BAB. . . . |

1

1982—JAN....|
-FEB....|
-MAR
|

-MAT... . |
-JUN.... |
—JUL....|
-AUG
.|
-SEP...-I
-OCT....J
—NOV.... j
-DEC
-J
1
1983—JAN....|
—FEB.... 1
-MAR....|
-APR.... |
—JU L . . . . |




—61. 1

-26.9
-15.9
-53.0
36.0
92.3
79.8
45.0

28
TABLE 2 3 2 . 3 H

TEAR
ENDING—

L I F E INSURANCE COMPANIES
NEW FARM MORTGAGE CCJMI1MENTS
TWELVE-MONTH MOVING TOTAL
1
1 MILLIONS
OF
1
DOLLARS
1
1

1
197 6 - J A N
|
-FEB
|
-MAR..... 1
— APR. . . . I
— MAT. . a . |
-JON....|
-JUL
J
— AUG. . . . |
-SEP.... J
-OCT
J
-NOV.... |
-DEC
j
1
1977-JAN
1
-FEB
|
-MAR
1

1
|
J
|
1

CHANGE FROM
PREVIOUS YEAR
MILLIONS
OF
DOLLARS

PERCENT

AS PERCENTAGE Of
OUTSTANDING
MORTGAGES*

j1
I MORTGAGES
ACQUIRED
COMMITMENTS* |
1-

TAKEDOWNS
OF
COMMITMENTS

987.
983.
1018.
1106.
1158.
1218.
1262.
1277.
1302.
1328.
1376.
1466.

-81.
-54.
4.
163.
363.
459.
503.
537.
522.
488.
497.
527.

-7-6
-5.2
4
17.3
45.7
60.5
66.3
72.6
66.9
58.1
56.5
56.1

1515.
15.
17.
171819.
1919.
19.
20.
21.

220220.
229248257267.
272.
271.
272.
273.
278.
292.

90.
94.
96.
103.
103.
103.
100.
97.
95.
95.
95.
95.

115.
117.
121.
128.
128.
128.
126.
125.
125.
126.
122.
122.

1538.
1627.
1729.
1840.
1954.
2039.
2087.
2189.
2277.
234 3 .
2377.
2436.

551.
644.
711.
734.
796.
821.
825.
912.
975.
1015.
1001.
970.

55.8
65.5
69.8
66.4
68.7
67.4
65.4
71.4
74.9
76.4
72.7
66.2

22.
23.
24.
25.
27.
28.
28.
29.
30.
30.
30.
30.

301.
314.
326.
340.
353.
357.
356.
364.
369.
368.
364.
365.

96.
99100.
99.
100.
97.
98.
99.
99.
99.
100.
99.

121.
125.
123.
125.
125.
123.
123.
123.
124.
121.
122.
124.

2463.
2529.
2582.
2567.
2553.
2625.
2635.
2642.
2619.
2583.
2619.
260*.

925.
902.
853.
727.
599.
586.
548.
453.
342.
240.
242.
168.

60.1
55.4
49.3
39.5
30-7
28-7
26.3
20-7
15-0
10.2
10-2
6-9

30.
3131.
3030303029.
29.
28.
2827-

359.
361.
360.
349.
340.
345.
339.
333.
325.
317.
320.
315.

99„
99.
99.
98.
96.
99.
98.
97.
96.
92.
93.
95.

121.
121.
122.
119116.
120.
119.
118.
116.
112.
115.
115.

2646.
2683.
2669.
27822823.
2736.
2715.
2731.
2743.
2822.
2844.
2717.

183.
154.
87.
215.
270.
111.
80.
89.
124.
239.
225.
113.,

7-4
6.1
3.4
8.4
10.6
4.2
3.0
3.4
4.7
9.3
8.6
4.3

2727.
2727.
27.
26.
26.
25.
25.
26.
25.
24.

316.
315.
309.
322.
322.
306.
302301299305302284-

97.
96.
92.
97.
98.
92..
92.
93.
94.
97.
97.
94.

116.
114.
110.
115.
118.
113.
113.
116.
114.
121.
118.
115.

2558.
2418.
2288.
1990.
1759.
1628.
1545.
1457.
1392.
1332.
1246.
1233.

-88.
-265.
-381.
-792.
-1064.
-1108.
-1170.
-1274..
-1351.
-1490.
-1598.
-1484.

-3.3
-9.9
-14.3
-28.5
-37.7
-40.5
-43.1
-46.6
-49.3
-52.8
-56.2
-54.6

22.
21.
20.
17.
15.
13.
13.
12.
11.
11.
10.
10.

265.
253.
242214197.
192.
193.
192.
194.
195.
192.
201.

88.
86.
66.
76.
70.
71.
71.
72.
73.
75.
74.
74.

109107.
105.
92.
86.
8686.
85.
89.
87.
87.
87.

1981-JAN
1
— FEB. . . . |
-MAR
1
—APR....|
—MAI.-...I
—JUN....|
—JUL. . . . , |
-AUG
1
-SEP....J
-OCT
|
-NOV
1
-DEC
1

1210.
1147.
1124.
1210.
1285.
1300.
1252.
1182.
1080.
926.
826.
799.

-1348.
-1271.
-1164.
-780.
—474.
-328.
-293.
-275.
-312.
-406.
-420.
-434.

-52.7
-52.6
-50.9
-39.2
-26.9
-20. 1
-19.0
-18.9
-22.4
-30.5
-33.7
-35.2

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

209.
208.
215.
238.
254.
255.
243.
232.
217.
194.
183.
190.

77.
74.
78.
90.
100.
iO 8 .
97.
91.
83.
72.
67.
72.

91.
90.
100.
115.
127.
126.
114.
105.
97.
87.
81.
86.

1982-JAN
1
-FEB
|
-BAR
1
-APR.... |
-MAY
|
-JUN
j
-JUL....1
—AUG....|
-SEP....J
—OCT. . . . |
-NOV.
1
—DEC....|

774.
737.
674.
596.
534.
515.
511.
484.
494.
518.
554.
583.

-436.
-410.
-450.
-614.
-751.
-785.
-741.
-698.
-586.
-408.
-272.
-216.

-36.0
-35.7
-40.0
-50.7
-58.4
-60.4
-59.2
-59.1
-54.3
-44.1
-32.9
-27.0

6.
6.
5.
5.
4.
4.
4.
4.
4.
4.
4.
4.

196.
197.
188.
175.
168.
176.
188.
187.
200.
216.
234.
247-

7379.
74.
7061.
61.
67.
65.
71.
78.
81.
84.

91.
97.
90.
83.
75.
79.
89.
92.
101.
111.
118.
122.

198 3 - J A N
1
-FEB.
|
— MAIL..... |
—APR....|
-BAY
1
-JUN
|
-JUL
|
.1

611.
628.
689.
743.
777.
830.
967.

-163.
-109.
15.,
147.
243.
315456.

-21.1
-14.8
2.2
24.7
45.5
61.2
89.2

5.
5.
5.
6.
6.
6.
8.

256.
259.
279.
288.
286.
289.
319.

90.
88.
97.
98109.
110.
124.

130124.
141.
145.
146.
143.
154.

-JUN...-I
—JUL....|
—AUG....|
—SEP-...|
-OCT
J
-NOV
|
-DEC...-J
1
1978—JAN
1
-FEB.... |
-MAR
J
— APR. . . . |
-MAY
1
-JUN... . I
-JUL
J
— AUG.*.•J
-SEP
|
-OCT
1
-NOV
J
-DEC....|
1
1979-JAN
|
-FEB
1
-MAR....|
-APR
J
-MA?....|
-JUN
J
-JUL
|
—AUG....|
-SEP
|
-OCT.... |
-NOV
1
-DEC
j
1
1980-JAN....)
-FEB
J
-MAR*. . - 1
— AP R . . . . |
-MAY
1
-JUN.
1
-JUL.
1
-AUG....#
-SEP....|
-OCT
|
-NOV....J
-DEC
J

*

AVERAGE AMOUNT OUTSTANDING DURING THE PRECEDING TWELVE MONTHS

(AVERAGE Of

IND-Cf-MCMTfl DATA).

"TAKEDOWNS OF COMMITMENTS" ARB COMPUTED AS NEW COMMITMENTS L E S S CANCELLED COB B I T BENTS L E S S I I I




CHANGE I N C O l H T f l S M S CUT STANDING.

AGBICULTUBAL FINANCE DATABOGK—MONTHiY S E B I E S

300

SEPTEHBBB

1983

AGBICULTURAL BANKING DAIA

301

FARM N O N - B E A L - B S 1 A 2 E LOANS

301-1
302

AMOUNT AND CHANGE FBCM P R E V I O U S Y E A B . . . .

...30

SEASONAL BOBROBING FBOB FEDERAL BESEBVE BANKS

302.1

NUMBER OF BANKS AND AVERAGE DAILY BORROWING.

. . . . . . . . 3 1

FOB INFORMATION ON THE DESIGN OF THE SEASONAL BORBOJING P R I V I L E G E FOB WHICH
DATA ARE SHOWN I N S E C 1 I O N 3 0 2 , AND ALSO ANALYSES OF I T S POTENTIAL -AM ACTUAL
USE BY AGRICDLTtiBAL BANKS, SEE THE F O L L O i l N t i A R T I C L E S ;
"SEASONAL BOBKCeiNG AT THE FEDERAL RESERVE DISCOUNT WINDOW,"
BY EMANUEL HELICHAR AND HABBIET HOLDEBNESS,
AGBICULTflBALiFINANCE H B V I E B . OCTCBEB 1 9 7 4 , P P . 4 2 - 5 1 ;
" T H E FEDEBAL BESEBVE SEASONAL BORROWING P R I V I L E G E , "
BY EUANUEL M E 1 I C H A B ,
I N FIlTflBg SOI1BCES O F _ L C A » A t l l _ F U l ! P S _ I Q 8 AGBIGUIIVBAL BANKS,
FEDEBAL BESEBVE BANK OF KANSAS C I T Y , 1 9 8 0 , P P . 1 1 1 - 1 3 2 .




30
TABLE 301.1M

FARM NQN-REAL-ESTATB LOANS AT COMMERCIAL BANKS

END OF
MONTH

LARGE
|
BANKS
1
|(MILLIONS
1
OF
nrw L A R S )

1
3141.

1976-JAN.... I
- F E B . . . . |

—MAR . . . . j
— APR. . . . I
—MAY.... I
—JU N . . . . |

—JUL . . . . 1
-AUG.... 1
-OCT . . . . |

—NOV . . . . I
—DEC . . . . 1

3128.
3192.
32
33
35
35
35

3
7
6
6
5

4
0
8
4
3

.
.
.
.
.

3541.

1 ALL C O M M E R C I A L B A N K S
I ( B I L L I O N S OF D O L L A R S )
|

ACTUAL

SEASONALLY
ADJUSTFD

—FEB . . . . 1
—MAR.•.• 1
I
I
1
1

—NOV . . . . I
-DEC••••1
1
1978-JAN....1
—FEB•... I
—MAR . . . . 1
—APR . . . . 1
—MAY . . . . 1
-JUN.... 1
—JUL.... 1
—AUG.... 1
-SEP.... 1
-NOV . . . . 1
-DEC . . . . 1
1
1979-JAN....|
—FEB . . . . I
-MAR....1
—APR.... 1
—MAY . . . . |
—JUN....|
—JUL.•••I
—AUG . . . . 1
—SEP . . . . 1
—OCT....|
-NOV.... I
-DEC.... 1

3474.
3575.

3670.
3801.
3936.
3971.
3951.
3964.
3977.
3907.
3928.

20.5

20.9

-z7.

21.9
****

110.
15.
-28.

22.9

22.5

-90.

23.2

2 3 . 3

—MAY..•. 1
—J U N . . . . |
—JUL••• • 1
-AUG.... 1
—SEP•••• 1
-OCT.... I
—NOV.... 1
-DEC••••1
I
1981—JAN....1
-FEB....I
—MAR....1
-APR . . . . 1
-MAY....|
-JUN....I
—JUL. . . . 1
—AUG•..•1
-SEP•...1
-OCT....|
- N O V . . . . 11
— D E C . . . . 1I
1 9 8 2 - J A N . . . . 11
- F E B . . . . 11
—MAR....I1
— A P R • • • • |I
— M A Y . . . . II
- J U N . . . . I1
I
—JUL * . . * 1
—AUG. . . . I1
- S E P . . . . I1
— O C T . . . . 11
- N O V . . . . 1|
-DEC.... 1

1
1 9 8 3 - J A N . . . . !1
- F E B . . . . 1I
—MAR....I|
-APR.... 1
-MAY.... |
—J U N . . . .I
—JUL.... 1
-AUG.... 1
-SEP. . . . 1
1

—61 *

****
24.3

25.6

2 6 . 3
****

25.4

25.8

346.
383.
436.
366.
407.
398.
443.
424.

394.
2 5 . 7

25.6

****
2 5 . 5

26.1
**•*

349.
3
3
3
3

1
0
3
3

7
2
2
2

.
.
.
.

31.3

31 . 1

30.7

***•

31 .o
****
#**#

31.6

31.4

5589.
5761.
7
7
7
0

5.
7.
8.
4.

3.3

2.5

2.5

1.8

1.9

33.2

31.1
****

2.5

2 . 5

31.7

* .0
b.7
9.3

****
****

9.0

****

14.B

9.6

16.5
17.6

$***

10.5
****

10.3

10.3

9.8

9.6

2.8

14.2
13.B
11.3
12.5
10.6
10.V
0 . 4

10.0

10.1

***

10.1

****

****
»*+*

8.5

8.5
#***

11.0
2.4

2 . 4

9.0
7.7
4. 1

1.3

4.7
b.2

4.3

***
.8
***
***

6 . 9

****
2.5
*$*#

406 .

.5

.6

b.O
6.4+
9.6
10.5

***

***

b.4

.9

.9

.8

320.

316.
5b U .

32.6

733.
756.

33.0

1.3

588.
598.
55 5 .
583.
415.

2.1

2.

1

2.0
***

298.

1.3

381.
404.

*«*

618.
<*15.

1.9

1.9

32.9
** **

36.2

36.4

576.

6287.
6386.
6637.
6804.
6900.

*•**

****

3 6 . 5

3 7 . 4

3.2

3.2

**•*
38.B
**•*

571.
608.
714.
800.
678.

38.0

703.

2.8

2.7

34.2

35.8

35.3

*•**
3 7 . 0

*#**
36.4
**•*

461.
445.
534.
521.
593.
610.

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

1.7

1
3
6
6
7
9

2.8

2.6

6.8

6.7
****

1.3

10.2
11.0
7.7

5.5

6.2

6.2

4.1

****
4.2

6.2

6.2

7.6

7.7

J.i
7.5

2.6

2 . 0

2.5
***

3.5

3 . 4

3.3

3.3

619.

562.
625.
576.

1
1
1
1

*$**
****

11.1

5716.
5778.
5923.
6004.
6222.
6347.
6509.
649 8.
6571.
6514.
6400.
6278.

33.1

***$

10.4

2.8

32.2
****

6. 8

****

2.7

470.
515.

7.5

16.2
15.1

2.8

413.
446.

57B1.

7050.
7071.
7123.
7147.

14. B
****
10.8

17.1

2.7

5702.

3 3 . 3

12.5

11.9
11.2
9.b

13.9

557.

440.
402.

15.6

13.5

2 . 8

231.

15.B

10.2
12.J
12.0

2.8

***$

****
33.6

****

10.4
9.3

2.7

412.
359.

iz.b

198.

$***

5374.

9
9
9
9

3.4

<•52.
488.

30.5

****

11.2

670.
648.
635.
612.
605.
503.

378.

15.2

12.1
11.1
12.C
13.>
10.3
11.4

3. 4

444.

5335.

5
5
5
5

3.5

633 »

31.2

5902.

- 1 . 0
- 1 . 7

3 . 4

535.
545.
58 3 .

31 . 0

5305.

3.2

**$*

4889.

16.3

3.2

3.1

1.7

489.

*»*•

-1.2
3.1

1.8

30.3

**$*

- 2 . 5

480.

30.8

5404.

1

27.6

29.5

BEASGNNLLY

—. b
3.

28.1

29.8

BAN<S

ACTUAL

-5.O
3.1

1 . 4
***

664.

COMMERCIAL

— t>. b

1.4

28.9

ALL

1
- 1 2 . 7
- 1 0 . 6

367 .
405.
485.

28.3

1

ADJUSTED

26.7

28 . 2

|

SEASONALLY

27.0

28.1

5366.

1

ACTUAL

394.

**##

387.
379.
4/3.
321.

OANNS

1

*31 .

****

157?:
4650.
4830.
4915.
4981.
4939.
5021.
5001.
4896.

5
5
5
5

1

379.
23.7

YBAR

PKcVlOUS

LARGt

—+4.
- 3 4 .

4470.

4922.
4928.
4989.
5009.
5028.
5146.

P E K C B N L AOFC CHANGE

YEAR

-1S1.
• *»*

1

1980—JAN.... 1
-FEB.... 1

PREVIOUS

| A L L COMMERCIAL B A N K S
K 3 I L L 1 0 N S OF D O L L A R S )

-19b.

2 2 . 2

3837.

3776.
3907.
4002.
4195.
4303.
437 6 .
4436.
4464.
4512.
4452.
4511.

FROM

-370.

3553.
3513.

3579.

LARGE
BANKS
MILLIONS
OF
DOLLARS)

—45b .

»*•*

3520.

1 9 7 7 - J A N . . . . |

—MAY....
—JON . . . .
—JUL....
—AUG . . . .

CHANGE

AMOUNT

1
1

11.6
7 .4
D.C
7.5

b.y
3.7
9.9
10.J
13.7
IV. 1

10.3

10.3
****

10.0

. lO.i

10.0
10.5
12.1
N . A
10.9
11.1

9.5

9 . 3

7.7

7.6

d.6
9•o
c.b

LARGE-BANK DATA AKE FOR AbOUT 170 COMMERCIAL BANKS ThAl KEPURl ASSETS ANU LlAoiLlTlfcS WbfcKLY.
DOMESTIC ASSETS OF $750 MILLION OR MORE AS OF DECEMBER 31, 1977.

THtSE DANKS h*u

DATA SHOWN FOR ALL COMMERCIAL bANKS ARE FROM CALL REPORTS AVAILABLE FOR MARCH, JUNC, SEPTEMotK, ANO UCCTMDTK
( DATA FOR UNINSURED BANKS ARE ESTIMATED). PRIOR TO 1 9 7 6 , REPORTS ARE AVAILABLE FOR JUNE ANU uECEMbfc K IJNL1.




TABLE 3 0 2 - I B
COtiMEBCIAL

BANK B O B B O i I N G UNDER SEASONAL BOBBOMING
MEEK ENDING ON LJLSI 8BDMESDAY OF MONTH

NUMBEB Of

4
|
|

7.

10.

17.

20.

-I
1
1 9 7 7 — J A N . . . -I
- F E B . . . «I
-MAB...
-APB
-4
MAI.. - 4
-JO I... - l
- J U L . . . «* 4
-AUG... -I
-SEP...
-OCT... -l
-NOV.., - i
-DEC... -I
I
1978—JAN...
-FEB....-I
MAR.
"1
APB.. . . 4
-MAX....*4
-JON... -4
—JUL..« . . I
- A O G . . . >«• 4
—SEP...• • J
-OCT... -4
NO*.. . . I
- D E C . . . »-1
I
1979—JAN...» • 4
-FEB.. .4
-NAB.... . 4
APB
..4
-MAI...- . 4
-JON... . 4
-JUL...
—AOG..
SEP..
-OCT..
-NOV..
-DEC..

128.

161.

160.

159.
117.
76.

62.
82.

100.
11*.

I

1983-JAN..
-FEB..
-MAB..
APE .
MAI
-JON..
-JUL..
-AOG..
•
-SEP..

.4
.4
4
-I
.1

23.
31.
49.
42.
85.

100.

122.

150.
147.
144.

102.

69*
54.
74.
92.

106.

45.
63.

70.

.4
-4
- 4
• 4
4

31.

52.
70.
115.
131.
52.
19.
15.

66.

• 4

8.

17.
21.
44.
55.
59.
89.
83.
74.
45.

148.
163.
143.
156.
147.
14 3 .

16.

4
-4
.4
- 4
.4
.4
• 4

41.
37.
39.
48.
38.
31.
19.

164.
177.
156.
165.
-158.
155.
107.
63.

38.
55.

1981—JAN..
-FEB..
MA*. • . . 4
-APB.
-MAI.
-JON.
-JUL. . . . 4
-AOG.
-SEP.
IJ
-OCT.
-I
-NOV.. -I
-DEC.. . 4

-MAB..
-APB..
MAI
-JON..
-JUL..
-AOG..
-SEP—
-OCT..
-NOV..
-DEC..

10.

23.
31.
51.
43.
93.
109.

-JUL..
-AUG..
-SEP—
-OCT..
-NOV..
-DEC..

-FEB..

10.
17.
21.

4238.
40.
49.
40.
31.
19.

81.

-JO#..

17.

20.

21.

53.
34.

1980—JAN..
-FEB..
-MAS..
APB..
MAI .

7.

10.

21.

45.
59.
63.
99.
92.

ol

1982—JAN..

SIZE

UP 1 0
*100

.1 ,

I
1 9 7 6 - J AM
-4
-FEB
-I
-SAB
-1
APB... -I
- HA I - - - - 1
-JON...
-JUL... -I
-AUG... -I
-SEP... -I
-OCT... -J
-NO?...
-DSC.... -J

57.
86.

121.
114.

181.

201.
198.

206.

186.

145.
85.
48.
57.
89.
123.
137.
172.

220.
173.

110.
109.
79.
54.
32.
30.
35.

62.
75.

101.
137.

160.
186.
172.

KfiAGE DAILY SEASONAL BOBBONING
(THOUSANDS OF DOLLABS)

BANKS

J DEPOSIT

101.
58.

102.

118.
50.
19.
15.
15.
37.
48.
57.
63.

50.
77.
103.

101.

162.
180.

184.
187.
169.
131.
76.
41.
50.
78.

110.

122.
156.

202.

160.
107.

102.
75.
50.
30.

28.

34.
58.
71.
95.

128.
142.

166.
157.

|
J

OF

BANK

XOVEfi
$100

. I MWJ9N

IOTAL

.

iDEPOSIT
I
*
OPTO

SIZE
|

Of B A J I
,
OfHB

-1 $100 | $100
i . W W f 1 BU4MI- .

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

8267.
8233.
9605.
11153.
11637.
27898.
25957.
23354.
33618.
33297.
27215.
9970.

8267.
8233.
9605.
11153.
11637.
25898.
20243.
17354.
29618.
29154.
27215.
9970.

0.
0.
0.
0.
a.
2000.
5714.
6000.
4000.
4143.
0.
0.

0.
0.
0.
0.
1.
4.
4.
10.
9.
7.
8.
3.

8113.
11353.
14161.
15030.
34503.
70158.
68701.
130235.
115456.
116094.
74288.
52761.

8113.
11353.
14161.
15030.
32503.
45658.
48508.
80936.
73456.
74794.
41488.
3446 1.

0.
0.
0.
0.
2000.
24500.
20193.
49299.
42000.
41300.
32800.
18300.

0.
0.
2.
1.
8.
9.
6.
11.
13.
15.
15.
7.

35588.
52858.
51892;
49400.
114954.
133794.
150938.
206810.
204226.
2354,48.
180107.
131159.

35588.
52858.
50535.
44686.
88968.
101623.
119581.
158153.
156046.
158958.
105834.
87763.

a.
0.
1357.
4714.
25986.
32171.
31357.
48657.
48180.
76490.
74273.
43396.

6.
8.
8.
8.
16.
14.
13.
9.
11.
12.
6.
5.

112467.
123199.
134302.
141221.
217666.
195382.
166925.
185863.
180358.
185185.
135023.
81172.

78597.
95949.
100166.
106178.
142576.
143859.
126754.
147963.
108602.
133947.
101323.
60557.

33870.
27250.
34136.
35043.
75090.
51523.
40171.
37900.
71756.
51238.
33700.
20615.

7.
7.
13.
13.
2.
0.
0.
1.
1.
7.
9.
7.

96566.
102039.
176657.
170594.
29146.
8806.
7615.
10520.
30925.
87339.
111483.
114164.

43494.
67310.
101015.
102680.
28325.
8806.
7615.
8520.
26925.
53929.
67754.
78936.

53072.
34729.
75642.
67914.
821.
0.
0.
2000.
4000.
33410.
43729.
35228.

7.
9.
18.
13.
19.
21.
14.
19.
17.
14.
9.
7.

130984.
155397.
194120.
174543.
308510.
305707.
256288.
243916.
241704.
180667.
73273.
77654.

95970.
1031*0.
118747.
103514.
193222.
195956.
195946.
180558.
174135.
129969.
60943.
53748.

35014.
52257.
75373.
71029.
115288.
109751.
60342.
63358.
67569.
50698.
12330.
23906.

7.
11.
13.
15.
16.
18.
13.
37.
4.
4.
2.

99186.
150737.
199836.
181921.
259447.
266749.
187054.
94855.
116542.
90293.
45898.
36003.

68279.
107809.
134887.
129102.
181682.
198526.
152354.
87355.
93527.
74607.
37769.
27003.

30907.
42928.
64949.
52419.
77165.
68223.
34 700.
7500.
23015.
15686.
8129.
9000.

2.
1.
4.
4.
6.
9.
18.
20.
15.

34133.
43750.
64773.
90203.
104625.
144223.
204672.
217494.
199511.

26133.
39750.
57888.
83078.
96811.
115341.
130174.
142881.
142739.

8000.
4000.
6885.
7125.
7814.
28882.
74498.
74613.
56772.

THE S E A S O N A L BOBBCUJNG P R I V I L E G E HAS I M P L E M E
D E P O S I T S I Z E C L A S S I F I C A T I O N I S BASED ON AVEB
FOB A D D I T I O N A L I N F 0 B M A I 1 0 N , S E E NCTE ON PAGE




PBIVLLEGE

ED ON A P B I 1 1 9 , 1 9 7 3 .
E DEPOSITS IN 1 9 7 2 .

Average interest rates on business and farm borrowings (percent)
Effective rates on bank leans, U.S.,
f i r s t week of second month of quarter
Date

Business loans
Prime Average,
rate,
all
large banks
banks

Non-real-estate
f a n loans
All
large Other
bants banks banks

Stated nominal rates, f i r s t day of quarter
Prime
rate,
large
banks

Average of most common farm loan rates at banks
surveyed quarterly in specified F.R. Districts
Feeder cattle loans

Other operating loans

Chicago Kansas Dallas Chicago flinne- Kansas Dallas
apolis City
City

Farm Credit Syste
Production Federa
credit
land
assns.
banks

1977-51
-B2
-83
-64

6.35
6.35
6.86
7.90

7.6
7.6
7.9
8.6

8.3
8.1
8.4
9.1

8.9
8.9
8.9
9.0

8.8
8.7
8.7
9.1

6.25
6.25
6.75
7.25

8.7
8.7
8.7
8.8

8.8
8.6
8.8
8.9

9.3
9.3
9.3
9.3

8.8
8.8
6.8
8.9

9.1
9.2
9.2
9.2

8.9
9.0
9.0
9.0

9.3
9.2
9.2
9.3

8.2
6.1
7.9
8.0

8.5
8.4
8.3
8.3

1978-01
-02
-03
-04

8.16
8.16
9.20
10.78

8.9
9.1
10.0
11.4

9.3
9.6
10.4
11.7

9.1
9.2
9.3
10.0

9.2
9.3
9.6
10.4

7.75
8.00
9.00
9.75

8.8
8.9
9.1
9.4

8.9
8.9
9.1
9.3

9.4
9.4
9.5
9.7

8.9
9.0
9.2
9.5

9.2
9.2
9.4
9.5

9.0
9.1
9.2
9.4

9.4
9.4
9.5
9.7

8.4
8.7
9.0
9.2

8.2
8.3
8.3
8.4

1979-01
-02
-03
-04

12.09
12.09
12.09
16.39

12.2
12.3
12.3
15.8

12.5
12.8
12.9
16.2

10.4
10.7
10.9
13.1

11.0
11.2
11.3
13.6

11.75
11.75
11.50
13.50

10.1
10.5
10.8
11.7

9.9
10.2
10.4
11.5

10.1
10.2
10.3
11.4

10.2
10.5
10.9
11.7

10.2
10.4
10.8
11.8

9.9
10.3
11.1
11.6

10.1
10.2
10.3
11.3

10.0
10.6
10.9
11.0

8.7
9.0
9.3
9.3

1980-01
-02
-03
-04

16.39
18.81
11.30
15.56

15.7
17.8
11.6
15.6

16.0
18.5
12.8
16.3

13.7
17.1
13.7
15.3

14.1
17.4
13.5
15.5

15.25
19.50
12.00
13.50

13.5
17.1
14.0
14.3

13.0
16.5
14.0
14.0

13.1
16.2
13.2
13.3

13.6
17.1
14.0
14.3

13.6
16.4
15.3
14.0

13.1
16.5
14.1
14.1

13.0
15.8
13.2
13.3

12.1
13.7
13.3
12.0

9.8
10.6
10.6
10.3

1981-01
-02
-03
-04

20.56
19.90
21.55
16.54

19.8
19.9
21.0
17.4

19.9
19.5
20.8
18.9

17.5
17.5
19.1
18.7

17.9
17.9
19.6
18.8

21.50
17.50
20.00
19.50

17.3
16.5
17.7
18.6

16.9
16.3
17.4
18.1

18.6
17.6
19.2
19.7

17.4
16.5
17.8
18.6

17.6
17.0
18.0
18.9

17.1
16.3
17.4
18.1

18.4
17.4
19.0
19.4

12.9
14.2
15.1
15.6

10.6
10.9
11.4
11.7

1982-01
-02
-83
-04

17.02
17.18
15.56
12.36

17.1
17.1
13.5
11.4

18.0
17.9
15.6
13.3

17.5
17.7
17.5
15.5

17.7
17.8
16.6
14.8

15.75
16.50
16.50
13.50

16.9
17.3
17.2
15.6

16.6
16.9
16.9
15.4

17.3
17.6
17.5
15.6

17.0
17.3
17.2
15.6

17.2
17.4
17.4
16.3

16.6
16.9
16.9
15.5

17.5
17.4
17.6
15.7

15.3
14.9
14.5
13.8

12.1
12.2
12.4
12.4

1983-01
-02
-03
-04

11.30
10.78
10.78

10.3
10.5
11.2

12.5
12.0
12.2

14.2
13.9
14.2

13.8
13.3
13.7

11.50
10.50
10.50
11.00

14.4
13.7
13.5

14.3
13.9
13.8

14.1
13.3
13.2

14.4
13.7
13.5

15.0
14.2
13.9

14.4
14.0
13.9

14.1
13.3
13.7

12.9
12.0
11.6

11.9
11.8
11.7
11.4

Notes:

Effective prime rate is calculated by assuming a loan maturity of six months with all interest paid at maturity.
Effective loan rates are a dollar-weighted average of effective rates on loans of 11,000 or more made in the week indicated
Additional data from this quarterly survey of bank lending are published in Statistical Releases E.2 (Survey of Terms of
Bank Lending) and E.15 (Agricultural Finance Databock—Quarterly Series), Federal Reserve Board, Washington, D.C. 20551.
In recent quarters, most 'large banks' (survey strata 1 to 3) had over $500 million in total assets and most 'other banks'
(survey strata 4 to 6) had total assets below $500 million.
The type of banks included in quarterly agricultural credit conditions surveys conducted by Federal Reserve Banks varies
among F.R. Districts, and so the rates shewn are not s t r i c t l y comparable. See page 58 of the Databook cited above.
Farm Credit System rates are unweighted averages of quoted rates, not adjusted for required stock purchases and loan fees.




3 3

Percentage changes in deposits and loans at agricultural banks
•from beginning of year to date shown
Last
Wednesday
of month

I
!
I

Time and savings deposits
1979

Total deposits

Total loans

1980

1981

1982

1983

1979

1980

1981

1982

1983

1979

1980

1981

1982

1983

January

1

2

6

2

4

-3

-3

0

0

1

-1

-1

0

-1

-1

February....

2

3

8

3

6

-2

-2

0

1

3

0

0

0

0

-1

March..

3

4

10

6

7

-3

-2

0

3

3

1

0

0

2

1

April

4

6

11

6

B

-1

-2

2

3

3

3

2

3

2

5

7

12

8

0

-1

2

4

6

4

4

June

6

7

13

9

0

-1

2

5

6

4

6

July

7

9

14

11

1

0

2

5

7

5

7

August

8

9

15

11

1

1

3

5

7

5

7

September...

na

11

16

12

na

2

4

6

na

6

9

October

na

12

18

14

na

5

5

7

na

0

6

9

November....

na

na

20

15

na

na

7

9

na

na

5

8

December....

na

na

20

16

na

na

9

11

na

na

6

8

na

No estimate was made.

Notes:

Data shown are estimates for insured commercial banks at which farm loans were 25 percent or mere of
t o t a l loans at the beginning of the year (for 1982 and 1983 estimates, at the beginning of 1981).
Estimates are based on experience at banks that report deposits and loans weekly. Time and savings
deposits include ATS and NOW accounts as well as all c e r t i f i c a t e s of deposit.