A.9. Characteristics of Bank Loans to Farmers -- Large Farm Lenders, by Size of Loan, August 7-11, 2006
Percent except as noted
_______________________________________________________________________________________________________________________________

                                                           $1,000 to  $10,000 to  $25,000 to  $50,000 to  $100,000 to  $250,000
Loan characteristic                             All sizes   $\9,999    $24,999     $49,999     $99,999     $249,999    and over
_______________________________________________________________________________________________________________________________

Volume of loans (thousands of dollars)          1,028,600     33,058      71,916      68,522     110,478      177,557   567,068
Number of loans                                    16,683      6,165       4,797       2,002       1,664        1,222       833
Weighted average maturity (months) 1                20.70       8.02        9.86       14.01       14.46        24.57     23.50
Weighted average repricing interval (months) 2       5.24       2.10        2.34        4.98        4.82         7.47      5.21
Weighted average risk rating 3                       3.23       3.14        3.07        3.06        3.04         3.26      3.31

Weighted average interest rate 4                     8.44       9.24        9.05        8.85        8.64         8.49      8.22
  Standard error 5                                    .17        .09         .14         .04         .04          .15       .19
  Interquartile range 6
    75th percentile                                  9.26       9.93        9.70        9.50        9.14         9.11      8.99
    25th percentile                                  7.60       8.51        8.42        8.42        8.09         7.76      7.36
  Purpose of loan
    Feeder livestock                                 8.42       9.31        9.42        8.59        8.41         8.16      8.38
    Other livestock                                  8.10       8.73        8.65        8.72        8.71         8.45      7.79
    Other current operating expenses 7               8.70       9.28        9.04        8.93        8.83         8.49      8.32
    Farm machinery and equipment                     9.06       9.31        9.68        9.19        8.66         9.48      8.90
    Farm real estate                                 7.81       8.90        8.90        8.20        8.55         8.12      7.31
    Other 8                                          8.24       9.12        8.60        8.60        8.29         8.47      8.18

Share of total loan volume
  Features of loan
    Floating rates                                  84.16      81.19       79.75       73.49       72.94        80.39     89.54
    Under commitment                                82.17      91.49       87.19       85.44       90.21        88.19     77.14
    Callable                                        25.23      23.34       25.68       23.62       31.61        29.34     22.94
  Purpose of loan
    Feeder livestock                                10.30       4.09        7.67        9.19       15.83        12.10      9.49
    Other livestock                                  7.65       3.74        4.75        7.65        6.94         7.07      8.56
    Other current operating expenses 7              32.72      79.49       68.68       59.72       51.00        41.81     15.76
    Farm machinery and equipment                     7.78       4.69        6.92       10.16        5.12         7.12      8.51
    Farm real estate                                 4.18       2.08        1.36        3.47        4.48         7.33      3.71
    Other 8                                         37.37       5.92       10.61        9.81       16.63        24.58     53.97
  Type of collateral
    Farm real estate                                 9.16       5.30        6.07        9.68       12.89        17.44      6.39
    Other                                           80.40      85.82       88.07       86.69       85.57        75.87     78.77
_______________________________________________________________________________________________________________________________
   Note. Most large farm lenders that reported loans to farmers had more than $25 million in farm loans.
   For explanation of footnotes, see table A.8.

14