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A.14. Survey of Terms of Bank Lending to Farmers, Selected Quarters
Percent except as noted USDA Farm Production RegionNE
                  LS
                  CB
                  NP
                  AP
                  SE
                  DL
                  SP
                  MN
                  PAProportion of farm loansoutstanding,  2003 Q3 survey,region share of nationaltotal
         2.8
         9.4
         27.7
         17.4
         8.9
         4.6
         4.7
         8.6
         5.5
         10.5Sample coverage, 2003 Q3survey, sample share of totalregional loans
         13.5
         2.7
         21.1
         9.7
         18.2
         17.1
         9.4
         5.1
         9.5
         58.7Avg. loan size, 2003 Q4 survey(thousands of dollars)
         32.1
         39.0
         45.2
         20.4
         130.8
         31.0
         76.4
         41.3
         21.9
         52.6Survey date
         Weighted average interest rate during sample week1998 Q3
		    10.2
		    9.5
		    9.5
		    9.5
		    8.8
		    9.5
		    9.7
		    9.5
		    9.6
		    8.5Q4
		    9.4
		    9.2
		    8.7
		    9.0
		    8.3
		    9.4
		    9.7
		    9.2
		    9.1
		    8.01999: Q1
		    8.4
		    8.9
		    8.9
		    9.1
		    8.2
		    9.0
		    9.6
		    9.1
		    9.0
		    7.5Q2
		    9.6
		    9.1
		    8.8
		    9.0
		    8.0
		    9.0
		    9.8
		    9.0
		    8.7
		    8.0Q3
		    10.2
		    8.9
		    8.7
		    9.3
		    8.2
		    8.9
		    10.0
		    8.8
		    9.0
		    8.5Q4
		    9.1
		    9.2
		    8.8
		    9.4
		    8.3
		    8.8
		    9.8
		    9.0
		    9.5
		    8.82000: Q1
		    9.4
		    9.2
		    9.2
		    9.6
		    8.4
		    9.8
		    9.3
		    10.0
		    9.8
		    8.4Q2
		    10.7
		    9.5
		    9.7
		    9.7
		    9.1
		    9.1
		    10.5
		    10.0
		    10.1
		    9.5Q3
		    10.5
		    10.30
		    10.0
		    10.3
		    9.7
		    9.2
		    10.5
		    10.0
		    10.6
		    9.7Q4
		    10.7
		    9.3
		    9.9
		    10.1
		    9.2
		    9.4
		    9.2
		    10.3
		    10.3
		    9.82001: Q1
		    9.3
		    9.1
		    9.4
		    9.7
		    8.4
		    7.8
		    9.5
		    9.0
		    9.8
		    8.8Q2
		    8.2
		    8.7
		    8.3
		    8.8
		    7.4
		    8.1
		    8.3
		    9.2
		    8.6
		    7.9Q3
		    8.3
		    9.8
		    7.9
		    8.2
		    6.3
		    7.6
		    8.7
		    8.8
		    7.8
		    7.2Q4
		    6.9
		    7.9
		    6.3
		    7.0
		    5.2
		    6.3
		    8.7
		    7.6
		    6.1
		    5.2standard error
		    (.23)
		    (.78)
		    (.38)
		    (.29)
		    (.36)
		    (1.71)
		    (.42)
		    (.79)
		    (.33)
		    (.35)2002: Q1
		    6.9
		    7.8
		    6.7
		    7.2
		    5.2
		    5.5
		    7.3
		    7.4
		    6.8
		    4.9standard error
		    (.12)
		    (.37)
		    (.26)
		    (.22)
		    (.63)
		    (1.14)
		    (.39)
		    (.45)
		    (.26)
		    (.25)Q2
		    6.8
		    7.4
		    6.4
		    7.2
		    5.0
		    5.9
		    7.6
		    7.5
		    6.5
		    5.1standard error
		    (.14)
		    (.29)
		    (.27)
		    (.21)
		    (.48)
		    (1.03)
		    (.23)
		    (.34)
		    (.36)
		    (.26)Q3
		    6.4
		    7.5
		    5.8
		    6.5
		    4.6
		    6.0
		    7.5
		    7.3
		    6.5
		    5.3standard error
		    (.43)
		    (.29)
		    (.50)
		    (.68)
		    (.67)
		    (1.19)
		    (.34)
		    (.68)
		    (.41)
		    (1.06)Q4
		    5.7
		    6.9
		    5.1
		    5.5
		    4.6
		    5.2
		    6.7
		    7.6
		    6.4
		    4.5standard error
		    (.35)
		    (.45)
		    (.47)
		    (1.01)
		    (.56)
		    (.62)
		    (.68)
		    (.35)
		    (.47)
		    (.62)2003: Q1
		    5.3
		    7.0
		    5.6
		    5.7
		    4.4
		    5.6
		    6.7
		    7.4
		    6.1
		    4.5standard error
		    (.15)
		    (.26)
		    (.31)
		    (.73)
		    (.65)
		    (.63)
		    (.54)
		    (.66)
		    (.35)
		    (.40)Q2
		    6.0
		    6.7
		    5.3
		    6.5
		    4.6
		    6.1
		    7.3
		    5.7
		    6.4
		    5.2standard error
		    (.29)
		    (.17)
		    (.37)
		    (.34)
		    (.71)
		    (.63)
		    (.45)
		    (.71)
		    (.36)
		    (.50)Q3
		    6.0
		    6.9
		    4.7
		    5.6
		    4.5
		    4.8
		    6.7
		    5.5
		    5.6
		    4.3standard error
		    (.15)
		    (.04)
		    (.49)
		    (.39)
		    (.73)
		    (.69)
		    (.27)
		    (.99)
		    (.35)
		    (.26)Q4
		    6.5
		    6.5
		    4.0
		    5.1
		    4.6
		    5.2
		    6.7
		    7.5
		    5.4
		    4.2standard error
		    (.59)
		    (.22)
		    (.30)
		    (.71)
		    (.54)
		    (.83)
		    (.54)
		    (.58)
		    (.39)
		    (.42)2004: Q1
		    5.8
		    7.0
		    5.2
		    5.7
		    4.3
		    5.9
		    6.4
		    6.3
		    5.7
		    3.8standard error
		    (.21)
		    (.15)
		    (.44)
		    (.25)
		    (.48)
		    (.64)
		    (.37)
		    (.23)
		    (.37)
		    (.41)Q2
		    4.8
		    6.3
		    5.2
		    6.2
		    4.6
		    6.4
		    6.9
		    6.2
		    6.4
		    4.1standard error
		    (.19)
		    (.05)
		    (.66)
		    (.32)
		    (.45)
		    (.31)
		    (.57)
		    (.19)
		    (.40)
		    (.24) 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.


Statistical releases

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