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FARMERS BANK OF HAMBURG v. U.S. DEPT. OF AGR.

No. 06-2590.

495 F.3d 559 (2007)

FARMERS BANK OF HAMBURG, ARKANSAS, Appellant, v. UNITED STATES DEPARTMENT OF AGRICULTURE; Mike Johanns, Secretary of Agriculture, Appellees.

United States Court of Appeals, Eighth Circuit.

Filed: July 19, 2007.

Attorney(s) appearing for the Case

Counsel who presented argument on behalf of the appellant was Nathan M. Norton, Little Rock, AR. Also appearing on the brief was J. Mark Davis, Little Rock, AR.

Counsel who presented argument on behalf of the appellee was AUSA E. Fletcher Jackson, Little Rock, AR.

Before WOLLMAN, BEAM, and RILEY, Circuit Judges.

RILEY, Circuit Judge.

The Farmers Bank of Hamburg, Arkansas (Bank) appeals the district court's order affirming the decision of the Rural Business-Cooperative Service (the Agency)2 denying the Bank's loss claim for loans guaranteed by the Agency. We affirm in part and reverse in part.

I. BACKGROUND

In 1998 and 1999, the Hermitage Tomato Co-operative Association (Co-op), a cooperative of tomato growers, obtained...

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