A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, May 2-6, 2005
Percent except as noted
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                                                           $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
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Volume of loans (thousands of dollars)            307,038     32,471      49,420      36,045      47,625       92,965    48,511
Number of loans                                    13,716      7,740       3,392       1,088         775          593       128
Weighted average maturity (months) 1                18.88      13.11       15.34       24.94       25.87        21.63      9.88
Weighted average repricing interval (months) 2       8.03       7.45        8.76        8.50        6.94         9.36      5.87
Weighted average risk rating 3                       2.33       2.45        2.42        2.32        2.34         2.18      2.46

Weighted average interest rate 4                     7.38       7.65        7.62        7.32        7.12         7.33      7.34
  Standard error 5                                    .18        .10         .13         .27         .32          .17       .74
  Interquartile range 6
    75th percentile                                  7.90       8.33        8.06        7.82        8.00         7.76      7.38
    25th percentile                                  6.86       6.88        7.04        6.96        6.25         6.88      6.76
  Purpose of loan
    Feeder livestock                                 7.38       8.28        7.55        7.54        7.25         7.22      n.a.
    Other livestock                                  7.47       8.35        7.60        7.43        7.95         6.88      n.a.
    Other current operating expenses 7               7.40       7.54        7.48        7.33        6.94         7.45      7.51
    Farm machinery and equipment                     7.57       7.35        8.04        7.14        8.25         7.00      n.a.
    Farm real estate                                 7.00       5.56        8.01        6.96        6.13         7.38      6.93
    Other 8                                          7.52       8.58        8.95        n.a.        7.13         6.75      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  46.15      41.83       41.01       61.62       53.62        38.72     49.68
    Under commitment                                61.13      52.11       60.12       43.52       58.99        67.95     70.33
    Callable                                        20.68      14.47       13.26       22.10       10.56        11.24     59.35
  Purpose of loan
    Feeder livestock                                 7.84       4.70        5.05       10.08       11.15        11.96      n.a.
    Other livestock                                  7.84       7.63        9.46        7.70       10.91         9.61      n.a.
    Other current operating expenses 7              64.66      72.31       69.16       64.07       53.97        62.35     70.33
    Farm machinery and equipment                     6.09       9.87       11.45       13.31        4.95         2.88      n.a.
    Farm real estate                                 9.70        .67        1.13        4.83        6.85        10.34     29.67
    Other 8                                          3.87       4.82        3.75        n.a.       12.17         2.86      n.a.
  Type of collateral
    Farm real estate                                20.81       7.04        9.93       14.46       23.97        21.73     40.96
    Other                                           76.57      85.10       87.30       81.84       70.15        78.27     59.04
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   Note. Most small and mid-sized farm lenders that reported loans to farmers had less than $25 million in farm loans.
   For explanation of footnotes, see table A.8.
   n.a. Not available.

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