Ohio Department of Agriculture

Ohio Rural Development Partnership

8995 East Main Street

Reynoldsburg, OH  43068-3399

Phone:  (614) 995-1490

ruraldev@agri.ohio.gov

ORDP USE ONLY:

WEB FORM:  2201-002

REVISED:      04/20/2004

AGRICULTURAL LOAN EVALUATION
Borrower(s):
Address:
Age of Applicant:                        Age of Co-Applicant:                        Off-Farm Income:  Yes   No
If Yes, Annual Amounts:  $                           Source:
Description/background of farm operation:
 
Amount Requested:  $                                  Purpose of Loan:
 
Terms Requested:
 
Primary Repayment Source:
Secondary Repayment Source:
Guarantor(s)  (1)
                    Net worth as of:                                $                                   Debt to Worth:                                                to 1
                    (2)
                    Net worth as of:                                $                                   Debt to Worth:                                                to 1
Proposed Collateral & Lien Position                                           Estimated Value                          Purchase Price (if applicable)
                                                                                               $
                                                                                               $
                                                                                               $
Loan to Value:                               %                            Total:    $
Account Relationship:
Deposits Current Balance YTD Avg. Bal. Date Open Prior YTD Avg. Bal.
Checking $ $    
Savings $ $    
CD's $ $    
  $ $    
Loans Dept. Purpose Current Bal Orig Amt or Cred Limit Date Open Collateral Estimated Collateral Value
    $ $      
    $ $      
    $ $      
    $ $      

Subtotal:

$

 

 

Unfunded Loans or Line of Credit:            +

New Loan Request:                                +

Total:                                                    $

Related Loan Accounts:

Financial Information Recap:   as of:                                                    Debt to Worth                                      to 1

1)  Assets:  $                                      Liabilities:  $                                  Net Worth:  $

2)  Schedule F Income Before Depreciation:

 

          $

          $

          $

3)  Recap of Cash Flow Projections for                                         (moderate category)

     Projected Income:  $                       Projected Expenses:  $                     Projected Surplus:  $

4)  Projected Debt Coverage Ratio (for current year assuming all grain sold in same year).

Projected moderate surplus:

 

Total Loan & Lease Payments

Less:  Family Living Expenses

 

Farm:

 

Plus:  Farm Loan/Lease Payments

 

Consumer:

 

Plus:  Off-Farm Income

 

Total:

 

Total Available for Debt Service:

 

¸

=

to 1 coverage ratio

 

 

(Total Loan Payments)

 
Financial Analysis / Trends:
Weaknesses:
Strengths:
Additional Information:
Loan Officer Recommendation:
                                                                                                                        By:
Action Taken:
Loan Policy Exceptions:

 

Loan Review Information:

Preliminary Rating by Loan Officer:

Final Risk Rating:

Prior Rating:

Date:

Reviewed By:

Senior Lending Officer

Senior Vice President - Loans

BORROWER:

 

CASH FLOW PROJECTIONS:

CROP YEAR:
OWNER COUNTY TOTAL ACRES OF FARM NUMBER OF ACRES SHARE 100% SHARE 50%
CORN BEANS WHEAT OTHER
                 
                 
                 
                 
                 
                 
                 

 

CASH FLOW PROJECTIONS:

CROP YEAR:
OWNER COUNTY TOTAL ACRES OF FARM NUMBER OF ACRES SHARE 100% SHARE 50%
CORN BEANS WHEAT OTHER
                 
                 
                 
                 
                 
                 
                 

 

CASH FLOW PROJECTIONS:

CROP YEAR:
OWNER COUNTY TOTAL ACRES OF FARM NUMBER OF ACRES SHARE 100% SHARE 50%
CORN BEANS WHEAT OTHER