Fed regulators watch farm banks as soaring land prices draw bubble concern

October 7, 2011 at 1:47 am in The Daily Republic

WASHINGTON When regulators come knocking at the Bank of Newman Grove, Neb., inquiring about loan risks, Chairman Jeffrey Gerhart has a “stress test” ready to show how his portfolio would fare if rural land prices dropped 25 percent. Or 50 percent. Or 75 percent. Continue Reading