A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, February 7-11, 2005
Percent except as noted
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Loan characteristic                                All     Minimal    Low    Moderate  Acceptable  Special  Not rated  Not reported
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Volume of loans (thousands of dollars)          1,265,697  156,304  213,147   482,306     280,157   16,867     37,813        79,103
Number of loans                                    28,951    2,616    4,539    12,345       4,836      708        817         3,091
Weighted average maturity (months) 1                24.03    15.13    14.06     29.41       19.21    12.84      66.60         33.18
Weighted average repricing interval (months) 2       8.57     6.88     5.58      7.93        5.95      .92      34.22         22.34
Weighted average risk rating 3                       2.82     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                      .01      .01      .01       .01         .01      .01        .01           .01
  Standard error 5                                    .00      .00      .00       .00         .00      .00        .00           .00
  Interquartile range 6
    75th percentile                                   .01      .01      .01       .01         .01      .01        .01           .01
    25th percentile                                   .01      .01      .01       .01         .01      .01        .01           .01
  Purpose of loan
    Feeder livestock                                  .01      .01      .01       .01         .01      .01        .01           .01
    Other livestock                                   .01      .01      .01       .01         .01      .01        .01           .01
    Other current operating expenses 7                .01      .01      .01       .01         .01      .01        .01           .01
    Farm machinery and equipment                      .01      .01      .01       .01         .01      .01        .01           .01
    Farm real estate                                  .01      .01      .01       .01         .01     n.a.        .01           .01
    Other 8                                           .01      .01      .00       .01         .01      .01        .01           .01

Share of total loan volume
  Features of loan
    Floating rates                                  69.62    53.63    65.34     77.05       77.32    94.16      42.72         47.91
    Under commitment                                67.92    49.42    78.22     65.64       77.75    92.68      46.05         60.93
    Callable                                        19.37    17.69    32.69     20.68        5.09     3.30       2.42         40.99
    Subject to prepayment penalty                    2.99     3.31      .07      4.18        3.87      .05       n.a.          1.93
  Purpose of loan
    Feeder livestock                                 8.91     5.10    14.81      8.14        6.33     1.91      33.92          3.83
    Other livestock                                  8.38     1.55    18.56      8.84        3.81     5.96       8.91          8.15
    Other current operating expenses 7              59.03    79.94    44.70     57.33       68.99    70.51      28.21         43.71
    Farm machinery and equipment                     4.20     4.42     1.89      5.91        1.55     5.18       1.63         10.03
    Farm real estate                                 8.02     4.21     6.89      7.19        6.30     n.a.      22.13         24.67
    Other 8                                         11.46     4.76    13.14     12.60       13.03    16.44       5.21          9.61
  Type of collateral
    Farm real estate                                16.41    18.47    11.73     14.02       12.77     3.34      61.22         33.87
    Other                                           76.38    51.32    83.06     82.91       81.97    96.66      37.61         62.43
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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