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Farm bank performance during 1997

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  • Leggett, Keith

Abstract

Total agricultural credit expanded for the 5th consecutive year to $162.2 billion in 1997. Agricultural loans held by banks increased to more than $64 billion for a 39.7% market share. In 12 of the past 13 years, banks have increased their market share of agricultural credit. According to the USDA, in 1997, banks accounted for 45% of all new farm credit. An analysis compares the performance of the 3,095 farm banks in 1997 to the performance of the same set of institutions in previous years; with the performance of non-farm banks; as well as with the performance of the overall banking industry.

Suggested Citation

  • Leggett, Keith, 1998. "Farm bank performance during 1997," American Bankers Association, American Bankers Association > Journal of Agricultural Lending, vol. 11(4).
    • Handle: RePEc:ags:abajal:336440
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    File URL: https://ageconsearch.umn.edu/record/336440/files/ers2022-23-0396.pdf
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