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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,  2008 Q4 survey,region share of nationaltotal
         2.6
         8.7
         25.7
         22.5
         7.6
         5.4
         5.2
         8.4
         5.7
         8.4Sample coverage, 2008 Q4survey, sample share of totalregional loans
         9.4
         3.5
         15.3
         34.5
         20.8
         10.7
         9.2
         6.5
         8.0
         31.5Avg. loan size, 2008 Q4 survey(thousands of dollars)
         23.4
         38.4
         75.8
         104.6
         59.5
         63.4
         84.2
         56.6
         55.1
         121.3Survey date
         Weighted average interest rate during sample week2003: Q4
      6.5
      6.5
      4.0
      5.1
      4.6
      5.2
      6.7
      7.5
      5.4
      4.22004: Q1
      5.8
      7.0
      5.2
      5.7
      4.3
      5.9
      6.4
      6.3
      5.7
      3.8Q2
      4.8
      6.3
      5.2
      6.2
      4.6
      6.4
      6.9
      6.2
      6.4
      4.1Q3
      6.2
      6.6
      4.8
      5.5
      4.8
      5.2
      6.1
      6.7
      6.7
      4.9Q4
      6.2
      6.4
      5.2
      5.4
      5.1
      6.0
      7.5
      6.4
      7.0
      5.22005: Q1
      6.2
      7.4
      6.4
      6.3
      5.3
      6.0
      7.2
      7.5
      7.1
      6.0Q2
      6.7
      7.4
      5.8
      6.6
      6.0
      6.4
      7.5
      7.3
      7.7
      6.7Q3
      7.1
      7.7
      6.9
      6.3
      6.1
      7.2
      7.6
      7.2
      8.2
      6.8Q4
      6.8
      7.7
      6.8
      7.3
      6.6
      7.4
      8.0
      8.1
      8.2
      7.52006: Q1
      7.9
      8.0
      7.4
      7.8
      7.3
      7.8
      8.0
      8.7
      8.5
      7.8Q2
      8.4
      8.3
      7.7
      7.9
      7.6
      8.3
      8.6
      8.8
      9.1
      7.8Q3
      8.2
      8.7
      8.3
      8.2
      7.6
      8.8
      8.8
      9.2
      9.5
      9.0Q4
      9.2
      8.6
      7.4
      8.1
      8.1
      8.2
      8.8
      8.9
      9.1
      8.92007: Q1
      8.4
      8.6
      8.4
      8.3
      7.8
      8.4
      8.5
      8.9
      9.3
      8.9standard error
      0.38
      0.27
      0.17
      0.41
      0.28
      0.41
      0.16
      0.28
      0.18
      0.07Q2
      8.1
      8.6
      8.1
      8.4
      7.7
      8.6
      8.6
      9.1
      9.4
      8.6standard error
      0.16
      0.19
      0.41
      0.41
      0.31
      0.50
      0.11
      0.13
      0.12
      0.32Q3
      10.4
      8.6
      8.1
      8.1
      8.3
      8.5
      8.9
      8.9
      9.5
      8.6standard error
      0.01
      0.42
      0.15
      0.35
      0.33
      0.44
      0.26
      0.17
      0.07
      0.30Q4
      7.4
      8.6
      7.5
      7.3
      6.8
      8.1
      8.6
      8.6
      8.9
      7.6standard error
      0.01
      0.16
      0.25
      0.55
      0.47
      0.41
      0.17
      0.23
      0.15
      0.222008: Q1
      7.3
      7.8
      6.4
      6.3
      6.2
      6.4
      7.8
      7.2
      7.8
      6.3standard error
      0.14
      0.28
      0.14
      0.63
      0.66
      0.67
      0.72
      0.21
      0.23
      0.10Q2
      7.4
      6.6
      5.6
      5.4
      5.5
      5.7
      6.9
      6.4
      6.3
      5.1standard error
      0.30
      0.09
      0.26
      0.89
      0.49
      0.29
      0.40
      0.30
      0.34
      0.25Q3
      5.7
      7.2
      5.7
      5.4
      5.5
      5.0
      7.2
      6.1
      6.5
      5.0standard error
      0.93
      0.19
      0.31
      1.25
      0.37
      0.72
      0.20
      0.24
      0.36
      0.36Q4
      7.5
      6.6
      5.4
      4.6
      5.1
      4.5
      7.6
      6.1
      5.6
      4.4standard error
      0.07
      0.10
      0.52
      1.05
      0.67
      0.04
      0.72
      0.38
      0.61
      0.09 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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