BULLETIN 1048, V. S. DEPARTMENT OF AGEICULTUEE. 



Table 4. — Minimum balance requirements for bank loans to farmers on personal and 



collateral security. 



Geographic division and State. 



Number 

 of banks 

 reporting. 



Percentage 

 which re- 

 quired no 

 minimum 

 balance. 



Percentage 

 which 



required 

 mininauin 



balance. 



Average 

 per cent 

 required 

 by banks 

 reporting 

 such re- 

 quirements. 



United States 



9.629 



94 



6 



16.3 







New England 



271 



92 



8 



18.8 







Maine 



45 

 33 

 34 

 97 

 6 

 56 



100 

 100 

 88 

 89 

 83 

 87 







New Hampshire 







Vermont. ." 



12 

 11 

 17 

 13 



13.3 



Massachusetts ... 



19.5 



Rhode Island 



20.0 



Connecticut 



20.0 







Middle Atlantic 



746 



94 



6 



15.0 







New York 



309 

 72 

 365 



95 



S3 

 95 



5 

 17 

 5 



17.8 



New Jersev 



IS.O 



Pennsylvania.. 



9.5 







East North Central 



2,039 



97 



3 



15.6 







Ohio 



388 

 399 

 599 

 260 

 393 



97 

 98 

 97 

 98 

 97 



3 

 2 

 3 

 2 

 3 



16.7 



Indiana .... 



20.0 



Illinois 



14.9 



Michigan 



12.0 



Wisconsin 



14.0 







West North Central 



3,081 



% 



4 



16.0 







Minnesota 



466 

 600 

 471 

 373 

 265 

 394 

 512 



97 

 95 

 95 

 98 

 94 

 95 

 94 



3 

 5 

 5 

 2 

 6 

 5 

 6 



16.2 



Iowa 



17.2 



Missouri 



15.8 





12.8 



South Dakota. . . 



13.4 



Nebraska 



16.3 



Kansas 



17.7 







South Atlantic. 



850 



88 



12 



17.3 







Delaware 



12 



65 



2 



118 



63 

 107 

 182 

 250 



51 



83 

 83 

 50 

 84 

 95 

 85 

 90 

 89 

 84 



17 

 17 

 50 

 16 

 5 

 15 

 10 

 11 

 16 



5.0 





11.3 



District of Columbia 



20.0 



Virginia 



16.1 



West Virginia 



10.0 



North Carolina 



19.6 



South Carnlina 



13.0 



Georgia 



19.6 



Florida 



21.6 







East South Central 



637 



93 



7 



17.4 







Kentucky 



140 

 205 

 142 

 150 



9G 

 93 

 96 



85 



2 

 7 

 4 

 15 



15.0 





18.6 



Alabama 



9.3 





18.6 







West South Central 



837 



93 



7 



19.0 







Arkansas 



120 

 51 

 287 

 379 



95 

 84 

 95 

 93 



5 

 16 

 5 



7 



21.7 



Louisiana 



14.0 



Oklahoma 



22.5 



Texas 



19.4 







Mountain 



593 



93 



7 



14.9 







Montana 



180 

 90 

 58 



156 

 36 

 23 

 41 

 9 



95 

 94 

 88 

 94 

 92 

 91 

 93 

 100 



5 

 6 

 12 

 6 



8 

 9 

 7 



15.0 





13.3 



Wyoming 



20.0 





14.6 



New Mexico 



10.0 





15.0 



Utah 



15.0 



Nevada 









Pacific 



575 



93 



7 



15.7 







Washington 



141 

 124 

 310 



93 

 99 

 91 



7 

 1 

 9 



15.8 



Oregon 







15.7 







