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FARMERS STATE SAV. BANK v. FARMERS HOME ADMIN.

No. 88-1380.

891 F.2d 200 (1989)

FARMERS STATE SAVINGS BANK, Appellee, v. FARMERS HOME ADMINISTRATION, A DIVISION OF the UNITED STATES DEPARTMENT OF AGRICULTURE, Appellant.

United States Court of Appeals, Eighth Circuit.

Decided December 8, 1989.

Attorney(s) appearing for the Case

Robert J. Murphy, Independence, Iowa, for appellant.

Paul C. Lillios, Cedar Rapids, Iowa, for appellee.

Before LAY, Chief Judge, FLOYD R. GIBSON, Senior Circuit Judge, and WOLLMAN, Circuit Judge.

WOLLMAN, Circuit Judge.

Farmers State Savings Bank (Farmers State) appeals from the district court's1 order dismissing Farmers State's amended complaint. We affirm.

The Farmers Home Administration (FmHA) conditionally approved Mr. and Mrs. Wayne Hilliards' application for a farm ownership loan in March of 1983. Farmers State subsequently agreed to loan the Hilliards $80,000, understanding that FmHA had committed itself to making...

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