A.4.

Average Maturity of Non-real-estate Bank Loans Made to Farmers
Months
__________________________________________________________________________________
_________________________________________
Size of loan

Size of bank's farm

Purpose of loan
(thousands of dollars)
loan portfolio
_____________________________________________________________________
_________________________________________
Other
current
10

25

Farm
machinery

1

100

Feeder
Other
operating
and
to
to
to
and
Small or
Period
Total livestock livestock expenses 1 equipment Other 2
9
24
99
over mid-size 3 Large 4
__________________________________________________________________________________
_________________________________________
1991......
7.7
8.3
1992......
8.3
9.7
1993......
8.5 10.0
1994......
8.6 11.6
1995......
9.0 10.8
1996......
8.6 10.5
1997......
8.8 11.6
1998......
8.8 11.3
1999......
9.8 11.2
2000......
9.7 11.5
2001......
9.6 11.9
2002......
9.4 10.9

|
10.6
|
11.1
|
11.1
|
13.5
|
12.1
|
12.1
|
12.4
|
12.5
|
12.4
|
11.1
|
12.5
|
12.5

7.3
5.8
8.9
7.2
9.2
7.4
10.3
7.2
9.9
8.2
8.5
7.3
9.9
8.8
9.8
8.7
11.5
11.4
11.2
11.4
13.2
14.1
11.2
10.8

6.7
9.6
6.1
10.1
7.3
10.4
7.6
12.6
8.7
11.4
7.8
12.3
9.1
12.8
8.0
13.2
8.0
13.8
8.0
12.3
8.5
15.5
8.6
13.8

1999: Q2...
|
14.4
9.9 11.3 14.7 15.7
Q3...
|
12.0
9.4 10.4 11.1 13.8
Q4...
|
11.5
9.7 11.1 12.9 11.1

8.8
18.0
6.9
11.8
7.7
11.9

8.5

7.2

24.6

5.3

9.5

8.6

20.1

9.4

9.6

8.3

30.4

9.4

9.8

8.6

36.6

9.4

9.9

8.5

26.5

10.0

11.3

7.6

29.4

9.2

11.0

10.7

30.6

7.4

10.3

9.9

27.5

6.8

11.0

11.3

20.1

10.5

10.8

9.5

22.4

13.2

14.0

10.3

24.3

15.3

11.5

10.2

23.3

11.7

12.0

14.2

13.9

18.8

7.3

9.3

22.3

17.1

10.9

8.7

24.1

16.9

5.2
6.4
6.4
5.8
7.3
6.4
7.6
6.8
9.2
10.0
11.4
9.0

9.9
12.3
10.8

2000: Q1...
|
11.2
9.8 12.0 10.9 11.4
Q2...
|
11.6
10.8 11.9 11.7 11.6
Q3...
|
11.1
9.0 11.2 10.2 11.9
Q4...
|
10.6
8.9 10.5 11.5 10.5

9.0
14.3
9.7
11.9
6.7
11.8
7.2
10.4

2001: Q1...
|
18.7
9.9 13.3 13.5 23.0
Q2...
|
11.8
11.1 11.9 12.5 11.6
Q3...
|
11.0
9.1 11.2 11.8 10.9
Q4...
|
10.6
7.6 11.1 12.1 10.3

8.7
17.8
8.1
15.9
6.8
12.6
9.5
14.4

10.4

10.0

17.4

14.1

9.3
11.2
14.8
10.3
9.7
10.9

10.1

22.3

13.4

9.1

30.7

10.2

7.9

25.8

14.5

18.6

12.4

30.6

25.9

16.9
8.9
10.7
9.9
9.8
8.3

10.2

14.0

12.8

8.6

32.3

11.3

9.6

31.4

9.9

8.2

19.6

2002: Q1...
|
11.7
9.3
9.7
10.9
29.8
10.8
10.0 12.4 14.6 10.3
14.3
8.6
Q2...
|
13.4
11.3
19.6
10.6
27.7
16.8
10.2 12.6 14.2 13.8
18.4
9.1
Q3...
|
9.9
6.3
8.0
9.8
12.7
10.6
9.4
9.4 10.6
9.7
9.5
10.1
Q4...
|
9.5
7.3
8.8
9.1
32.8
9.3
7.7
8.3
9.7
9.8
11.3
8.2
__________________________________________________________________________________
_________________________________________
Note. Data are estimates from the Federal Reserve System's Survey of the Terms
of Bank Lending to Farmers. Quarterly
estimates are expressed at an annual rate, and are based on loans made during the
first full week of the second month of
the quarter.
1. Loans used primarily to finance such items as current crop production
expenses and the care and feeding of livestock
(including poultry).
2. Typically loans for which the lender does not know the purpose.
3. Portfolios with $25 million or less in farm loans.
4. Portfolios with more than $25 million in farm loans.
8