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KANSAS CITY FEDERAL RESERVE: AG BANKS TRIM FARM LENDING
Dec. 7, 2020
Source: Federal Reserve Bank of Kansas City news release
Farm loans outstanding at commercial banks declined in the third quarter and non-performing loans edged slightly higher. Reduced lending at agricultural banks contributed most significantly to the further decline in outstanding loan balances. Alongside lower levels of farm debt, delinquency rates on agricultural loans continued to trend higher at a gradual pace.
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Previously, the Commercial Bank Call Report Data made up Section B of the Agricultural Finance Databook. Ag Finance Updates are now published separately as data become available.
For media inquiries, contact Erin Redemske.
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