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ABA Releases List of Largest Farm Banks

 

Dec 4 - Based on FDIC data as of the third quarter of 2013, the American Bankers Association has released a list of the top 100 farm lenders ranked by concentration. The top 10 are:

1. Nebraska State Bank of Oshkosh with total loans of $31,536, farmland loans of $13,466 and farm loans of $16,989 for a 96.57 percent farm loan concentration.

2. Grant County State Bank in Carson, N.D., with total loans of $31,363, farmland loans of $7,830 and farm loans of $21,835 for a 94.59 percent farm loan concentration.

3. State Bank of Bellingham, Minn., with total loans of $34,486, farmland loans of $22,578 and farm loans of $9,674 for a 93.52 percent farm loan concentration.

4. Campbell County Bank Inc. in Herreid, S.D., with total loans of $49,016, farmland loans of $4,591 and farm loans of $38,523 for a 87.96 percent farm loan concentration.

5. Strasburg (N.D.) State Bank with total loans of $31,196, farmland loans of $8,253 and farm loans of $19,137 for a 87.80 percent farm loan concentration.

6. Commercial State Bank in Republican City, Neb., with total loans of $15,518, farmland loans of $4,959 and farm loans of $8,658 for a 87.75 percent farm loan concentration.

7. The Wanda (Minn.) State Bank with total loans of $57,551, farmland loans of $18,514 and farm loans of $31,973 for a 87.73 percent farm loan concentration.

8. Bank of Newman Grove, Neb., with total loans of $18,361, farmland loans of $2,731 and farm loans of $13,341 for a 87.53 percent farm loan concentration.

9. The Bank Oberlin, Kan., with total loans of $182,640, farmland loans of $99,391 and farm loans of $59,583 for a 87.04 percent farm loan concentration.

10. Ashton (Neb.) State Bank with total loans of $11,042, farmland loans of $2,937 and farm loans of $6,581 for a 86.20 percent farm loan concentration.

Click here for the full list.


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