C.3. Indicators of Relative Credit Availability
Percent
____________________________________________________________________________________________________________________________________
                                                         Refused or                      Number of farm loan referrals to:
                    Average                               reduced a   Actively
                    loan-to-    Loan-to-deposit ratio     farm loan   seeking      Correspondent banks         Nonbank agencies
                    deposit                              because of     new
                     ratio,    Lower     At     Higher   a shortage     farm             Compared with              Compared with
                     end of    than    desired   than    of loanable    loan             year earlier               year earlier
Quarter             quarter   desired   level   desired     funds     accounts  None  Lower  Same  Higher  None  Lower  Same  Higher
____________________________________________________________________________________________________________________________________

                                Seventh (Chicago) Federal Reserve District (IL*, IN*, IA, MI*, WI*)
____________________________________________________________________________________________________________________________________

2000: Q2...    |          75       34       36       29         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q3...    |          77       35       32       33         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q4...    |          75       39       36       25         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
                                                                                                                                    
2001: Q1...    |          75       41       35       23         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q2...    |          75       46       34       20         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q3...    |          75       48       33       19         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q4...    |          73       52       34       14         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
                                                                                                                                    
2002: Q1...    |          73       54       30       16         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q2...    |          75       50       33       17         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
      Q3...    |          76       50       30       20         n.a.      n.a.  n.a.   n.a.  n.a.    n.a.  n.a.   n.a.  n.a.    n.a.
____________________________________________________________________________________________________________________________________

                            Tenth (Kansas City) Federal Reserve District (CO, KS, MO*, NE, NM*, OK, WY)
____________________________________________________________________________________________________________________________________

2000: Q2...    |          70       51        8       41            3        73    81      9    85       6    75      9    85       6
      Q3...    |          71       54        9       37            3        71    82      6    88       5    77      7    85       8
      Q4...    |          71       50        8       41            1        73    81      6    90       4    75      4    87       9
                                                                                                                                    
2001: Q1...    |          70       49       11       40            0        71    84      5    91       4    74      5    86       8
      Q2...    |          70       58        7       33            1        72    85      7    89       4    77      9    84       7
      Q3...    |          71       56        9       34            1        71    83      7    89       4    78      6    86       8
      Q4...    |          69       59        8       32            0        74    85      6    90       4    77      8    86       6
                                                                                                                                    
2002: Q1...    |          71       56       11       33            0        71    83      5    90       5    73      6    77      17
      Q2...    |        n.a.     n.a.     n.a.     n.a.            5      n.a.  n.a.      6    92       2  n.a.      5    85       9
      Q3...    |        n.a.     n.a.     n.a.     n.a.            2      n.a.  n.a.      4    94       2  n.a.      3    85      11
____________________________________________________________________________________________________________________________________

                                     Eleventh (Dallas) Federal Reserve District (LA*, NM*, TX)
____________________________________________________________________________________________________________________________________

2000: Q2...    |          55     n.a.     n.a.     n.a.            1      n.a.  n.a.     10    84       5  n.a.      9    82       9
      Q3...    |          58     n.a.     n.a.     n.a.            1      n.a.  n.a.     15    77       8  n.a.     13    75      12
      Q4...    |          55     n.a.     n.a.     n.a.            5      n.a.  n.a.     12    80       8  n.a.     13    73      14

2001: Q1...    |          56     n.a.     n.a.     n.a.            2      n.a.  n.a.      8    82      10  n.a.      8    75      17
      Q2...    |          58     n.a.     n.a.     n.a.            2      n.a.  n.a.     12    79       9  n.a.     10    72      18
      Q3...    |          60     n.a.     n.a.     n.a.            1      n.a.  n.a.     11    83       6  n.a.     11    78      11
      Q4...    |          56     n.a.     n.a.     n.a.            3      n.a.  n.a.      9    85       6  n.a.      8    81      11

2002: Q1...    |          58     n.a.     n.a.     n.a.            0      n.a.  n.a.     10    85       5  n.a.     11    76      13
      Q2...    |          59     n.a.     n.a.     n.a.            0      n.a.  n.a.     11    81       9  n.a.     13    78       9
      Q3...    |          60     n.a.     n.a.     n.a.            0      n.a.  n.a.     10    81       9  n.a.      9    82       9
____________________________________________________________________________________________________________________________________

35






C.3. Indicators of Relative Credit Availability (continued)
Percent
____________________________________________________________________________________________________________________________________
                                                         Refused or                      Number of farm loan referrals to:
                    Average                               reduced a   Actively
                    loan-to-    Loan-to-deposit ratio     farm loan   seeking      Correspondent banks         Nonbank agencies
                    deposit                              because of     new
                     ratio,    Lower     At     Higher   a shortage     farm             Compared with              Compared with
                     end of    than    desired   than    of loanable    loan             year earlier               year earlier
Quarter             quarter   desired   level   desired     funds     accounts  None  Lower  Same  Higher  None  Lower  Same  Higher
____________________________________________________________________________________________________________________________________

                              Ninth (Minneapolis) Federal Reserve District (MI*, MN, MT, ND, SD, WI*)
____________________________________________________________________________________________________________________________________

2000: Q2...    |          73       62        8       30            5      n.a.  n.a.     10    81       8  n.a.     10    80       9
      Q3...    |          77       45       11       44           10      n.a.  n.a.      4    87       9  n.a.      2    87      11
      Q4...    |          73       62        8       30            5      n.a.  n.a.     13    84       3  n.a.     10    85       4

2001: Q1...    |          84       68       11       21            1      n.a.  n.a.      9    86       5  n.a.      9    85       6
      Q2...    |          71       64       12       23            1      n.a.  n.a.      9    85       6  n.a.     12    82       6
      Q3...    |          76       55       11       35            6      n.a.  n.a.     11    84       4  n.a.      7    86       7
      Q4...    |          73       70        8       23            1      n.a.  n.a.     10    86       4  n.a.     10    81      10

2002: Q1...    |        n.a.     n.a.     n.a.     n.a.            3      n.a.  n.a.      4    92       4  n.a.     16    80       4
      Q2...    |        n.a.     n.a.     n.a.     n.a.            2      n.a.  n.a.      8    86       7  n.a.      7    84       9
      Q3...    |        n.a.     n.a.     n.a.     n.a.            1      n.a.  n.a.      7    91       2  n.a.      6    90       4
____________________________________________________________________________________________________________________________________

                                  Fifth (Richmond) Federal Reserve District (MD, NC, SC, VA, WV*) 
____________________________________________________________________________________________________________________________________

2000: Q2...    |          75       39       47       14            3        66    77      6    13       3    69      3    16      13
      Q3...    |          75       38       44       18            3        60    88      0    12       0    67      0    30       3
      Q4...    |          77       39       43       17            4        67    75      5    20       0    80      0    20       0

2001: Q1...    |          84       46       46        8            0        73    80      0    20       0    80      0    20       0
      Q2...    |          78       61       32        6            0        72    83      3    13       0    77      3    17       3
      Q3...    |          74       68       28        4            0        72    78      0    22       0    74      0    22       4
      Q4...    |          74       56       37        7            0        71    93      0     7       0    93      0     7       0

2002: Q1...    |          73       47       47        7            0        70    93      0     7       0    93      0     7       0
      Q2...    |          75       52       37       11            0        69    90      0    10       0    90      0    10       0
      Q3...    |          75       35       58        8            0        65    85      0    15       0    81      0    12       8
____________________________________________________________________________________________________________________________________
   Note. Beginning in 2002, the Minneapolis Reserve District will no longer report loan-to-deposit ratios.
   * 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.

36