B.4. Delinquent Real Estate Farm Loans Held by Insured Commercial Banks
____________________________________________________________________________________________________________________
                                                                                                                    
                                                                          Share of outstanding farm real estate
                              Volume (billions of dollars)                           loans (percent)
                     ______________________________________________   ______________________________________________
                                               Nonperforming                                    Nonperforming
                                        ___________________________                      ___________________________
                             Past due                                         Past due
                             30 to 89           Past due                      30 to 89           Past due
                              days,             90 days,     Non-              days,             90 days,     Non-
Period               Total   accruing   Total   accruing   accruing   Total   accuring   Total   accruing   accruing
____________________________________________________________________________________________________________________
                                                                                                                    
1993......     |        .5         .2      .3         .1         .2     2.4         .9     1.5         .5        1.1
1994......     |        .5         .2      .3         .1         .2     2.4        1.0     1.4         .5         .9
1995......     |        .6         .2      .3         .1         .2     2.4        1.0     1.4         .5         .9
1996......     |        .7         .3      .4         .2         .2     2.8        1.1     1.7         .7        1.0
1997......     |        .7         .3      .4         .2         .2     2.6        1.1     1.5         .6         .9
1998......     |        .8         .3      .5         .2         .3     2.9        1.2     1.7         .8        1.0
1999......     |        .6         .2      .4         .2         .2     2.0         .8     1.3         .5         .7
2000......     |        .8         .3      .5         .2         .3     2.3         .9     1.4         .6         .8
2001......     |        .9         .4      .5         .1         .4     2.6        1.1     1.5         .3        1.2
2002......     |        .9         .4      .6         .1         .5     2.5        1.0     1.5         .3        1.2
2003......     |        .8         .3      .5         .1         .4     2.1         .7     1.3         .2        1.1
                                                                                                                    
1995: Q3...    |        .6         .2      .4         .1         .2     2.4         .9     1.6         .6         .9
      Q4...    |        .6         .2      .3         .1         .2     2.4        1.0     1.4         .5         .9
                                                                                                                    
1996: Q1...    |        .9         .4      .5         .2         .3     3.7        1.6     2.1        1.0        1.2
      Q2...    |        .7         .3      .5         .2         .3     3.0        1.1     1.9         .9        1.0
      Q3...    |        .6         .2      .4         .2         .2     2.6         .9     1.7         .7        1.0
      Q4...    |        .7         .3      .4         .2         .2     2.8        1.1     1.7         .7        1.0
                                                                                                                    
1997: Q1...    |        .8         .4      .4         .2         .2     3.2        1.4     1.8         .8        1.0
      Q2...    |        .7         .3      .5         .2         .3     2.8        1.0     1.8         .8        1.0
      Q3...    |        .6         .2      .4         .2         .2     2.3         .8     1.4         .6         .8
      Q4...    |        .7         .3      .4         .2         .2     2.6        1.1     1.5         .6         .9
                                                                                                                    
1998: Q1...    |        .9         .4      .5         .2         .3     3.5        1.6     1.9         .9        1.0
      Q2...    |        .7         .3      .5         .2         .2     2.6        1.0     1.6         .8         .8
      Q3...    |        .7         .3      .4         .2         .2     2.5         .9     1.6         .7         .9
      Q4...    |        .8         .3      .5         .2         .3     2.9        1.2     1.7         .8        1.0
                                                                                                                    
1999: Q1...    |       1.1         .5      .6         .3         .3     3.6        1.6     2.0         .9        1.0
      Q2...    |        .8         .3      .5         .2         .3     2.7        1.0     1.7         .8         .9
      Q3...    |        .7         .2      .5         .2         .3     2.3         .8     1.5         .7         .8
      Q4...    |        .6         .2      .4         .2         .2     2.0         .8     1.3         .5         .7
                                                                                                                    
2000: Q1...    |       1.0         .4      .6         .3         .3     3.2        1.3     1.9         .9        1.0
      Q2...    |        .9         .3      .6         .3         .3     2.7        1.0     1.7         .7        1.0
      Q3...    |        .7         .2      .5         .2         .3     2.1         .7     1.4         .6         .8
      Q4...    |        .8         .3      .5         .2         .3     2.3         .9     1.4         .6         .8
                                                                                                                    
2001: Q1...    |       1.1         .6      .5         .1         .4     3.2        1.7     1.4         .4        1.1
      Q2...    |        .9         .4      .6         .1         .4     2.7        1.0     1.7         .4        1.2
      Q3...    |        .9         .3      .6         .1         .4     2.5         .9     1.7         .4        1.3
      Q4...    |        .9         .4      .5         .1         .4     2.6        1.1     1.5         .3        1.2
                                                                                                                    
2002: Q1...    |       1.2         .6      .6         .2         .4     3.3        1.6     1.7         .5        1.2
      Q2...    |       1.0         .4      .6         .2         .4     2.6        1.0     1.6         .4        1.1
      Q3...    |        .9         .3      .6         .1         .5     2.4         .9     1.6         .4        1.2
      Q4...    |        .9         .4      .6         .1         .5     2.5        1.0     1.5         .3        1.2
                                                                                                                    
2003: Q1...    |       1.2         .6      .6         .1         .5     3.2        1.6     1.6         .4        1.2
      Q2...    |       1.0         .4      .7         .2         .5     2.6         .9     1.6         .4        1.2
      Q3...    |        .9         .3      .6         .1         .5     2.3         .7     1.5         .3        1.2
      Q4...    |        .8         .3      .5         .1         .4     2.1         .7     1.3         .2        1.1
                                                                                                                    
2004: Q1...    |       1.0         .4      .6         .1         .4     2.5        1.1     1.4         .3        1.1
      Q2...    |        .8         .3      .5         .1         .4     1.9         .7     1.2         .3         .9
      Q3...    |        .7         .2      .5         .1         .4     1.7         .6     1.1         .2         .9
____________________________________________________________________________________________________________________
   Note. Yearly data are as of December 31. Quarterly data are as of end of quarter.

24