$199 billion farm loans. That’s over one-third of all farm and ranch lending (as of December 2023).
$70 billion small & micro loans. Small and micro farm loans are defined as loans with an original value of less than $500,000 and $100,000, respectively.
1,442 U.S. agricultural banks made:
$110 billion farm loans (as of December 2023)
Overall
Over 75,000 Americans employed by ag banks.
98.1% profitable ag banks, with 53.5% increased earnings
Solid performance: continue to meet the needs of farmers and ranchers.
Across the US
West: $5.4 billion
Plains: $41.1 billion
Corn Belt: $52.6 billion
South $9.5 billion
Northeast: $1.4 billion
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