Data Dictionary
Item Number 6136
PRIMARY PURPOSE OF LOAN (QTFL)Call confidentiality applies to FFIEC 031/041.
| Series | Start Date | End Date | Confidential? | Reporting Forms |
|---|---|---|---|---|
| QTFL6136 | 1977-02-07 | 9999-12-31 | Yes | FR 2028b/s |
Data Description:
"Feeder livestock" indicates a loan used primarily to purchase feeder cattle, feeder pigs, or feeder lambs to be fattened for slaughter.
"Other livestock" indicates a loan used primarily to purchase poultry and livestock other than feeder livestock.
"Other current operating expenses" indicates a loan used primarily to finance such items as current crop production expenses and the care and feeding of livestock (including poultry).
"Farm machinery and equipment" indicates a loan used primarily to finance purchases of tractors, trucks, machinery, and other farm equipment, such as irrigation equipment and equipment for structural facilities (e.g., automated feeding equipment).
"Farm real estate" indicates when a loan is used primarily to purchase or improve farm real estate.
"All other loans" indicates a loan used for purposes not listed above as well as loans for which primary purpose is unknown.
The following list of one-digit codes shows the classification which best describes the borrower's primary use of the loan.
0 = No purpose shown by bank
1 = Feeder livestock
2 = Other livestock
3 = Other current operating expense
4 = Farm machinery and equipment
5 = Purchase or improve farm real estate
6 = All other loans
NOTE:
Reported on the FR 2028B report.
COMPARABILITY:
Prior to 8/4/86, code 6 was defined as "more than one purpose" indicates a loan for which more than one purpose is indicated.