Federal Reserve Statistical Release, E.15, Agricultural Finance Databook; title with eagle logo links to Statistical Release home page
Release Date: June 30, 2007
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A.14. Survey of Terms of Bank Lending to Farmers, Selected Quarters
Percent except as noted
  USDA Farm Production Region
NE LS CB NP AP SE DL SP MN PA
Proportion of farm loans
outstanding, 2007 Q2 survey,
region share of national
total
2.9 9.0 26.4 22.5 7.7 5.1 4.6 8.6 5.3 8.1
Sample coverage, 2007 Q2
survey, sample share of total
regional loans
9.9 4.5 17.9 34.0 21.2 11.4 8.8 6.0 8.4 29.7
Avg. loan size, 2007 Q2 survey
(thousands of dollars)
71.7 41.4 52.2 56.1 78.5 36.2 105.2 32.4 32.8 66.4
 
Survey date Weighted average interest rate during sample week
2002: Q2 6.8 7.4 6.4 7.2 5.0 5.9 7.6 7.5 6.5 5.1
Q3 6.4 7.5 5.8 6.5 4.6 6.0 7.5 7.3 6.5 5.3
Q4 5.7 6.9 5.1 5.5 4.6 5.2 6.7 7.6 6.4 4.5
2003: Q1 5.3 7.0 5.6 5.7 4.4 5.6 6.7 7.4 6.1 4.5
Q2 6.0 6.7 5.3 6.5 4.6 6.1 7.3 5.7 6.4 5.2
Q3 6.0 6.9 4.7 5.6 4.5 4.8 6.7 5.5 5.6 4.3
Q4 6.5 6.5 4.0 5.1 4.6 5.2 6.7 7.5 5.4 4.2
2004: Q1 5.8 7.0 5.2 5.7 4.3 5.9 6.4 6.3 5.7 3.8
Q2 4.8 6.3 5.2 6.2 4.6 6.4 6.9 6.2 6.4 4.1
Q3 6.2 6.6 4.8 5.5 4.8 5.2 6.1 6.7 6.7 4.9
Q4 6.2 6.4 5.2 5.4 5.1 6.0 7.5 6.4 7.0 5.2
2005: Q1 6.2 7.4 6.4 6.3 5.3 6.0 7.2 7.5 7.1 6.0
Q2 6.7 7.4 5.8 6.6 6.0 6.4 7.5 7.3 7.7 6.7
Q3 7.1 7.7 6.9 6.3 6.1 7.2 7.6 7.2 8.2 6.8
standard error 0.18 0.23 0.28 0.70 0.20 0.57 0.43 0.30 0.09 0.07
Q4 6.8 7.7 6.8 7.3 6.6 7.4 8.0 8.1 8.2 7.5
standard error 0.80 0.19 0.35 0.45 0.23 0.58 0.49 0.10 0.07 0.16
2006: Q1 7.9 8.0 7.4 7.8 7.3 7.8 8.0 8.7 8.5 7.8
standard error 0.29 0.15 0.21 0.37 0.13 0.37 0.29 0.12 0.26 0.25
Q2 8.4 8.3 7.7 7.9 7.6 8.3 8.6 8.8 9.1 7.8
standard error 0.47 0.18 0.40 0.54 0.15 0.53 0.13 0.26 0.26 0.17
Q3 8.2 8.7 8.3 8.2 7.6 8.8 8.8 9.2 9.5 9.0
standard error 0.58 0.16 0.12 0.38 0.30 0.28 0.29 0.17 0.21 0.21
Q4 9.2 8.6 7.4 8.1 8.1 8.2 8.8 8.9 9.1 8.9
standard error 0.26 0.24 0.53 0.38 0.32 0.63 0.17 0.18 0.31 0.14
2007: Q1 8.4 8.6 8.4 8.3 7.8 8.4 8.5 8.9 9.3 8.9
standard error 0.38 0.27 0.17 0.41 0.28 0.41 0.16 0.28 0.18 0.07
Q2 8.1 8.6 8.1 8.4 7.7 8.6 8.6 9.1 9.4 8.6
standard error 0.16 0.19 0.41 0.41 0.31 0.50 0.11 0.13 0.12 0.32
  Notes.  NE is Northeast, LS is Lake States, CB is Cornbelt, NP is Northern Plains, AP is
Appalachia, SE is Southeast, DL is Delta States, SP is Southern Plains, MN is Mountain States,
and PA is Pacific. The numbers in parentheses are standard errors.  They are calculated from
100 replications of a bootstrap procedure (resampling of banks) in each region.


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