B.7.

Selected Measures of Financial Performance of Agricultural and Other Small Banks
Percent
Distribution of net income as a
share of average equity at
agricultural banks

Period
1992......
1993......
1994......
1995......
1996......
1997......
1998......
1999......
2000......
2001......
2002......
2003......

All banks

Negative
income

0-4
percent

5-9
percent

10-14
percent

Average rate
of return
on equity

15-19
percent

20-24
percent

25 percent
and
over

Agricultural
banks

Rate
of return
to assets

Other
Small
Banks

Agricultural
banks

Net charge-offs
as share
of total loans

Other
small
banks

Agricultural
banks

Average
capital ratio

Other
small
banks

Agricultural
banks

Other
small
banks

100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0
100.0

2.0
1.6
1.5
1.4
2.1
1.6
2.0
2.9
2.4
3.1
3.0
2.7

5.3
5.9
5.9
5.7
5.6
5.9
8.7
7.9
8.9
12.6
10.7
12.2

25.3
27.8
31.4
37.1
33.4
34.5
35.6
34.8
35.3
37.6
35.1
36.6

41.1
40.4
40.1
39.6
41.6
39.7
35.5
33.3
33.5
28.6
31.4
29.3

19.6
18.4
16.9
13.4
14.2
14.2
13.4
14.2
13.8
13.1
13.5
12.9

5.1
4.6
3.3
2.3
2.6
3.1
3.5
4.9
4.2
3.7
4.6
4.4

1.6
1.3
.9
.6
.5
1.1
1.3
1.9
1.8
1.3
1.7
1.8

12.5
12.3
11.8
11.2
11.4
11.4
11.3
11.8
11.7
10.8
11.5
11.2

11.3
12.3
12.5
12.1
12.3
12.3
11.7
11.9
11.4
10.4
10.6
10.7

1.2
1.2
1.2
1.2
1.2
1.2
1.2
1.2
1.2
1.1
1.2
1.2

1.0
1.1
1.1
1.2
1.2
1.2
1.2
1.1
1.1
1.0
1.1
1.1

.4
.2
.2
.2
.2
.2
.2
.3
.3
.3
.4
.4

.7
.4
.3
.3
.3
.3
.3
.3
.3
.3
.3
.3

10.4
10.8
10.7
11.2
10.9
11.0
10.9
10.5
10.7
10.7
11.0
10.8

9.5
9.9
9.9
10.4
10.4
10.5
10.5
10.3
10.4
10.4
10.6
10.6

1999: Q2...
Q3...
Q4...

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

n.a.
n.a.
n.a.

6.0
9.1
11.8

6.1
8.9
11.9

.6
.9
1.2

.6
.9
1.1

.1
.2
.3

.1
.2
.3

10.8
10.8
10.5

10.4
10.4
10.3

2000: Q1...
Q2...
Q3...
Q4...

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

3.2
6.5
9.3
11.7

3.1
6.1
8.9
11.4

.3
.6
.9
1.2

.3
.6
.9
1.1

.0
.1
.1
.3

.1
.1
.2
.3

10.5
10.6
10.7
10.7

10.2
10.3
10.4
10.4

2001: Q1...
Q2...
Q3...
Q4...

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

2.8
5.6
8.2
10.8

2.8
5.4
7.9
10.4

.3
.6
.9
1.1

.3
.5
.8
1.0

.0
.1
.2
.3

.1
.1
.2
.3

11.0
11.0
11.2
10.7

10.5
10.5
10.6
10.4

2002: Q1...
Q2...
Q3...
Q4...

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

3.0
6.0
8.9
11.5

2.9
5.6
8.3
10.6

.3
.6
.9
1.2

.3
.6
.8
1.1

.1
.1
.2
.4

.1
.1
.2
.3

10.8
11.1
11.2
11.0

10.4
10.6
10.7
10.6

2003: Q1...
Q2...
Q3...
Q4...

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

n.a.
n.a.
n.a.
n.a.

3.0
6.0
8.9
11.2

2.9
5.6
8.5
10.7

.3
.6
.9
1.2

.3
.6
.8
1.1

.1
.1
.2
.4

.1
.1
.2
.3

11.0
11.1
11.0
10.8

10.6
10.6
10.7
10.6

2004: Q1...

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

n.a.

2.9

2.7

.3

.3

.1

.1

11.0

10.7

Note. Agricultural and other banks are defined in the introduction to section B; small banks have less than $500 million in assets. Total primary and secondary capital (items that are
available at the end of the period specified) are measured as a percentage of total assets. Quarterly data are cumulative through the end of the quarter indicated.
n.a. Not available.

27