Banks Support Rural America Infographic | American Bankers Association

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Banks Support Rural America

U.S. Banks Made

$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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Farm Bank Lending Remains Strong

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Key Issues

Agricultural Banking

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Ed Elfmann

Senior Vice President, Agricultural & Rural Banking Policy

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Senior Vice President, Vendor Evaluation

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Anthony Pardal

Vice President, State Legislation

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