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Fed’s Bowman talks up community bank resilience as she notes pressures from commercial real estate, agriculture

“She also was a senior executive of Farmers and Drovers Bank, a community bank in Council Grove, Kan., that her great-great grandfather helped charter in 1882” writes Senior Economics Reporter for Three out of four community banks hold assets of less than $500 million, Bowman said.Farm debt is increasing and delinquency rates on loans for both production and farm real estate have continued to edge higher, according to January report by the Kansas City Fed.

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