BANK LOANS TO FARMERS. 3 



Table 1. — Personal and collateral bank loans to farmers outstanding Dec. 31, 1920, 



by States — Continued. 



Geographic division and State. 



West South Central 



Arkansas 



Louisiana 



Oklahoma 



Texas 



Mountain 



Montana 



Idaho 



Wyoming 



Colorado 



New Mexico 



Arizona 



Utah 



Nevada 



• Pacific 



Wasliington 



Cregon 



California 



Total 

 number 

 of banks 

 (Comp- 

 troller's 

 report). 



3,305 



489 



966 

 1,582 



431 

 227 

 160 

 404 

 124 



88 

 133 



34 



401 



278 

 728 



Number 

 of banks 

 report- 

 ing. 



150 

 79 

 347 

 496 



194 

 106 

 72 

 192 



55 

 55 

 54 



17 



789 



201 

 149 

 439 



Number 

 report- 

 ing farm 

 loans. 



143 

 61 



320 

 422 



178 

 94 

 64 



163 

 37 

 32 

 48 

 11 



149 

 126 

 324 



Amoimt 

 reported. 



8144,749,773 



17,083,156 

 12,340,116 



47, 450, 757 

 67,875,744 



121,514,552 



30,217,135 



20,005,947 



11,963,364 



30,452,646 



6,692^874 



11,419,992 



7,396,882 



3,365,712 



149,824,526 



28,756,973 

 29,285,554 

 91,781,999 



Estimated 

 amount for 

 all banks. 



S541,988,607 



72,134,936 



69,753,012 



147,924,291 



252,176,368 



268,160,368 



73,618,242 

 44,513,900 

 26,390,048 

 66,317,753 

 16,052,302 

 20,032,210 

 14,727,010 

 6,508,903 



207,514,044 



48,427,865 

 39,904,738 

 119,181,441 



Per cent 

 of banks' 

 total 

 loans 

 and dis- 

 counts. 



34.07 



39.84 

 21.37 



43.86 

 33.79 



35. 61 



47.72 

 47.62 

 41.29 

 31.34 

 34.89 

 33.51 

 14.84 

 26.19 



11.16 



17.41 

 20.38 



THE ESTIMATED AMOUNT OF PERSONAL AND COLLATERAL LOANS TO 



FARMERS. 



It may be observed from Table 1 that 45 per cent of the banks in 

 the United States complied with the request for information. Owing 

 to lack of classified data concerning total loans and discounts, it was 

 not found possible to make separate estimates for city and country 

 banks. It should be stated in this connection, however, that ex- 

 amination showed that the percentage of replies from banks located 

 in larger cities was almost uniformly higher than from the country 

 banks of the same States. With this fact in mind, it is interesting 

 to note the percentage of banks which reported farm business. For 

 the United States as a whole, 76 per cent of the banks reporting had 

 some farm business. In the West South Central States, the corre- 

 sponding figure was 88 per cent, and the lowest reported for any 

 geographic division was 45 per cent for the New England States. 

 By St'ates, the five highest percentages were as follows: Arkansas, 

 95 per cent; Oklahoma and Montana, 92 per cent each, and Kansas 

 and North Dakota, 91 per cent each. 



The amount of farmers' personal and collateral loans actually 

 reported is in itself significant. Its chief value, however, is that it 

 constitutes a basis for estimating the total amount of such loans out- 

 standing with banks. In estimating this total, the reports from 

 national banks and banks other than national were considered sepa- 

 rately. It was assumed in the case of each class that the ratio of 

 farmers' personal and collateral loans to total loans and discounts 



