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You NW Iowa farmers borrowing too much money for land and
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w1891
Posted 11/3/2023 21:39 (#10468014 - in reply to #10467990)
Subject: RE: You NW Iowa farmers borrowing too much money for land and


S Illinois
News reports say it was due to loan losses not previously identified by the bank from a "concentration of out-of-territory and out-of-state loans to one industry". Are you sure your not the one with some explaining to do?

I kid.

Sounds like a case of a large borrower "owning" the bank due to loan size and undisclosed losses.
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