C.1. Non-real-estate Farm Lending Compared with a Year Earlier Percent ___________________________________________________________________________________________________________________________________________ Demand for loans Funds availability Loan repayment rate Renewals or extensions Collateral required ______________________________________________________________________________________________________________________________ Quarter Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher ___________________________________________________________________________________________________________________________________________ Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 20 51 29 9 65 26 8 53 39 31 59 10 1 91 8 2007: Q1... | 14 45 41 8 72 21 6 57 37 28 62 10 1 88 10 Q2... | 14 50 36 10 66 24 5 72 23 23 70 7 1 92 7 Q3... | 15 52 33 6 70 24 4 71 25 25 70 5 0 92 8 Q4... | 22 46 32 5 65 30 4 44 52 37 57 6 0 89 11 2008: Q1... | 26 38 36 4 63 33 4 45 51 38 56 6 2 88 10 Q2... | 30 40 30 8 59 32 4 54 41 33 61 6 1 84 15 Q3... | 19 44 36 13 71 16 9 67 24 22 71 8 0 77 23 Q4... | 18 49 33 14 62 24 12 63 25 15 74 11 1 78 22 ___________________________________________________________________________________________________________________________________________ Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 14 68 18 8 79 13 11 72 17 7 79 14 0 89 11 2007: Q1... | 14 65 21 5 78 17 9 76 15 7 79 14 0 91 8 Q2... | 11 62 27 10 75 14 7 76 17 7 82 11 0 92 8 Q3... | 13 64 24 9 77 14 6 70 24 15 77 8 0 89 10 Q4... | 19 59 22 6 79 16 5 63 32 15 78 7 1 92 7 2008: Q1... | 21 52 26 7 70 23 5 58 37 16 74 10 0 86 14 Q2... | 16 55 29 9 75 17 9 70 21 11 77 12 0 83 17 Q3... | 18 52 30 11 78 12 8 71 22 10 79 11 0 80 19 Q4... | 21 56 23 14 69 16 18 65 17 7 73 19 0 76 24 ___________________________________________________________________________________________________________________________________________ Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 14 67 19 2 76 22 18 74 8 5 81 14 0 94 6 2007: Q1... | 13 61 26 4 77 18 17 76 7 11 73 15 0 94 6 Q2... | 9 69 22 2 82 16 5 86 9 9 80 11 0 96 3 Q3... | 13 65 21 3 82 14 5 81 14 12 82 6 0 95 5 Q4... | 23 60 17 4 77 19 8 72 20 14 76 10 1 92 7 2008: Q1... | 28 51 21 3 67 31 6 72 22 24 71 5 1 92 7 Q2... | 20 54 26 3 72 25 7 78 15 14 78 8 0 90 10 Q3... | 21 61 19 6 75 19 11 83 6 9 77 14 0 87 13 Q4... | 39 44 17 5 74 20 29 68 3 7 70 24 0 81 19 ___________________________________________________________________________________________________________________________________________ 31 C.1. Non-real-estate Farm Lending Compared with a Year Earlier (continued) Percent ___________________________________________________________________________________________________________________________________________ Demand for loans Funds availability Loan repayment rate Renewals or extensions Collateral required ______________________________________________________________________________________________________________________________ Quarter Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher Lower Same Higher ___________________________________________________________________________________________________________________________________________ Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 25 53 22 8 73 19 23 60 18 8 72 19 0 92 8 2007: Q1... | 16 52 33 3 80 17 16 61 23 7 68 25 0 94 6 Q2... | 14 49 37 4 87 9 10 77 13 7 79 14 1 91 8 Q3... | 23 53 23 3 81 16 2 67 30 14 79 7 1 92 7 Q4... | 21 54 25 4 72 24 2 44 54 22 73 5 1 95 4 2008: Q1... | 24 45 31 2 63 35 2 37 60 29 65 6 0 90 10 Q2... | 23 40 38 11 71 19 3 60 36 17 78 5 0 91 9 Q3... | 16 45 39 7 81 11 5 65 30 18 76 6 1 84 16 Q4... | 26 55 18 10 72 17 21 56 23 10 77 13 2 77 21 ___________________________________________________________________________________________________________________________________________ Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 38 57 5 n.a. 86 0 n.a. n.a. n.a. 19 67 14 5 85 10 2007: Q1... | 26 63 11 n.a. 80 5 n.a. n.a. n.a. 15 80 5 0 85 15 Q2... | 37 63 0 n.a. 84 0 n.a. n.a. n.a. 0 95 5 0 100 0 Q3... | 21 79 0 n.a. 71 7 n.a. n.a. n.a. 0 79 21 0 71 29 Q4... | 42 42 16 n.a. 58 11 n.a. n.a. n.a. 5 74 21 11 61 28 2008: Q1... | 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. Q2... | 29 53 18 n.a. 82 6 n.a. n.a. n.a. 12 82 6 0 59 41 Q3... | 53 47 0 n.a. 80 13 n.a. n.a. n.a. 0 93 7 0 53 47 Q4... | 56 38 6 n.a. 81 6 n.a. n.a. n.a. 13 63 25 0 56 44 ___________________________________________________________________________________________________________________________________________ Twelfth (San Francisco) Federal Reserve District (AL, AZ, CA, HI, ID, NV, OR, UT, WA) ___________________________________________________________________________________________________________________________________________ 2006: Q4... | 5 60 35 10 75 15 10 75 15 0 80 20 0 90 10 2007: Q1... | 10 62 29 5 76 19 14 62 24 14 67 19 0 86 14 Q2... | 16 68 16 0 100 0 10 75 15 10 75 15 0 95 5 Q3... | 21 53 26 0 89 11 5 53 42 11 79 11 5 95 0 Q4... | 5 63 32 0 100 0 5 47 47 5 89 5 0 95 5 2008: Q1... | 23 50 27 0 86 14 5 52 43 5 86 9 5 86 9 Q2... | 19 48 33 5 90 5 19 62 19 0 86 14 0 90 10 Q3... | 15 65 20 10 85 5 30 55 15 10 85 5 5 80 15 Q4... | 33 56 11 6 89 6 33 44 22 11 72 17 6 72 22 ___________________________________________________________________________________________________________________________________________ * State falls only partly within the indicated Reserve District. n.a. Not available. Source. Federal Reserve Bank quarterly surveys of agricultural credit conditions at commercial banks. 32