Ag banks - how do you compare?

Leslie S Miller

American Bankers Association, 1989, vol. 02, issue 3

Abstract: In the last 10 years, the American Bankers Association has kept a track record of how banks have profited in the farm sector, from boom and bust to recovery. In 1987, farmland values, real capital gains, and higher income leveled off and the total return on assets for the farm sector (according to a USDA estimate) was 5.5%. Total discounts and loans for farm banks totalled $900 billion, with the median at $20 million for all farm banks in 1987. Over 50% of agrilending went for annual operating expenses. Sixty percent of the farm banks were Farmers Home Administration approved lenders. Forty percent claimed that the paperwork for such a government loan "very burdensome", and 30% of the lenders utilized the government's interest rate buydown program

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1989
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/336108/files/ers2022-23-0060.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:abajal:336108

Access Statistics for this article

More articles in American Bankers Association from American Bankers Association > Journal of Agricultural Lending
Bibliographic data for series maintained by AgEcon Search ().