Education & Events

Measuring Financial Condition and Performance for Agricultural Businesses

Jan 17, 2019
Indiana Bankers Association
8425 Woodfield Crossing Blvd., Suite 155E
Program Overview: 

PDF Brochure

How can I evaluate loan repayment alternatives for agricultural loans, but do it in a timely and cost-effective manner?  The agricultural lending environment has changed dramatically from the 2006-2013 period due to lower commodity prices, but principal payments on term debt for capital purchases made during those more profitable years remain.  The result is varying degrees of financial stress among agricultural borrowers.  A review of the financial information needed to make informed decisions and a spreadsheet that can be used to evaluate repayment alternatives will be covered during this workshop.  The effectiveness of changes in operating strategies and loan terms on repayment capacity and breakeven are evaluated for different financial leverage situations, using that spreadsheet.  Join us for a day focused on which changes are effective and which ones are not during this latest period of farm financial stress.



  • Introduction, Current State of Farm Financial Reporting in Agriculture
    • Practical Exercise 1
  • Balance Sheet
    • Practical Exercise 2
  • Deferred Taxes-Review with Emphasis on Tax and Other Expenses
    • Practical Exercise 3
  • Accrual-adjusted Income Statement
    • Practical Exercise 4
  • Statement of Owner Equity
    • Practical Exercise 5
  • Cash flow Statement
    • Practical Exercise 6
  • Financial Ratio Analysis
  • Breakeven Analysis and Evaluating
  • Problem Loan Indicators and Chapter 12 Bankruptcy



Freddie Barnard is a Professor in the Department of Agricultural Economics at Purdue University, where he has been on the faculty for the past 35 years. Professor Barnard’s Extension interests include agricultural finance and farm management. His responsibilities include serving as director of the Midwest Agricultural Banking School. The school is cosponsored by the Illinois, Indiana, Michigan, and Ohio  Bankers Associations and is held at Purdue University. In addition, he is the coordinator for the Indiana Bankers’ Agricultural Clinic. He also serves as the Secretary/Treasurer for the Indiana Chapter of the American Society of Farm Managers and Rural Appraisers. Professor Barnard is currently a member of the Technical Committee for the Farm Financial Standards Council. The council recommends guidelines for financial reporting and analysis in agriculture. 


8:30 a.m. Registration & Continental Breakfast
9:00 a.m. Program Begins
12:00 Noon Lunch (included)
1:00 p.m. Program Resumes
4:00 p.m. Program Adjourns


This seminar will be held at the IBA Center for Professional Development, 8425 Woodfield Crossing Blvd. Suite 155E, Indianapolis, IN 46240. Directions, map & a list of local hotels are available at or by calling 317-387-9380.


IBA Members
$225 First Person
$155 Additional Attendee From Same Institution

Surcharge of 100% for Non-Members. Participation in IBA programs is limited to members, associate members, and nonmembers from an eligible membership category at applicable member or non-member rates.

Additional Information: 


This seminar will be valuable for entry-level agricultural loan officers and credit analysts who have less than 5 years of experience.



Association Contact: 

If you have any questions please contact Marcy Borden at 317-387-9380 or via e-mail at

Cancellation Policy: 

Within three or more business days prior to the day of an educational program, no cancellation charge will be assessed. Within two days prior, 50% of the fee is assessed. Refunds are not provided for cancellations the day before or absences on the day of the program. Substitutions are welcome at anytime.

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