Ag lending

On Jun. 30, 2021. Dollars in thousands.

Community banks support legislation that would exempt them from paying tax on interest earned from farmland loans, arguing it would make them more competitive with government-backed lenders and expand access to credit in rural areas.

On Mar. 31, 2021. Dollars in thousands.

Under a plan signed into law in March, the agency will first target direct loans that it has made to socially disadvantaged farmers. Guidance that will affect small banks that have made government-backed agricultural loans is due in 120 days.

Smaller lenders have proved more aggressive than their larger rivals in making new loans during the farm country rebound. Market watchers warn that the price boom may not last.

On Dec. 31, 2020. Dollars in thousands.

A rule change that allows farms with just one employee tap the Paycheck Protection Program means more pandemic relief funds are flowing into such states as Nebraska, Oklahoma, Wyoming and North Dakota.

The Amarillo company is buying First National Bank of Tahoka, continuing the industry’s consolidation in the state.

On Sep. 30, 2020. Dollars in thousands.

On Jun. 30, 2020. Dollars in thousands.