A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, May 1-5, 2006
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)          1,752,293  104,565  183,281   931,164     234,675   51,823    138,479       108,306
Number of loans                                    32,220    2,745    4,917    14,018       4,066    1,105      2,701         2,668
Weighted average maturity (months) 1                18.94    13.27    27.47     16.34       18.18    15.98      21.09         34.06
Weighted average repricing interval (months) 2       6.15     7.73    10.04      5.42        1.79    10.38       8.98          7.98
Weighted average risk rating 3                       2.96     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     8.09     7.83     8.43      7.94        8.44     8.44       8.19          8.00
  Standard error 5                                    .11      .27      .20       .17         .20      .42        .20           .16
  Interquartile range 6
    75th percentile                                  8.78     8.48     9.00      8.57        9.14     9.11       8.57          8.75
    25th percentile                                  7.50     7.12     7.77      7.54        7.75     7.04       7.75          7.25
  Purpose of loan
    Feeder livestock                                 8.15     8.34     8.10      8.08        8.57     8.49       8.21          7.56
    Other livestock                                  8.32     7.95     8.71      8.09        8.48     7.92       7.87          8.86
    Other current operating expenses 7               8.38     8.01     8.53      8.40        8.44     8.42       8.34          8.21
    Farm machinery and equipment                     8.03     8.18     8.38      7.88        9.09     9.94       8.52          8.92
    Farm real estate                                 7.97     7.15     8.07      7.96        9.23     8.67       7.73          7.31
    Other 8                                          7.54     6.63     8.38      7.11        8.07     8.43       8.02          7.78

Share of total loan volume
  Features of loan
    Floating rates                                  73.01    43.97    57.30     77.01       93.85    77.65      52.43         72.26
    Under commitment                                79.52    74.59    74.04     80.85       82.52    91.71      77.33         72.56
    Callable                                        22.71    23.31    26.40     21.59       19.44     9.17      24.71         36.49
    Subject to prepayment penalty                    1.01     n.a.     n.a.      1.64         .95     n.a.        .16          n.a.
  Purpose of loan
    Feeder livestock                                 6.16     8.72     7.98      4.78        8.48     1.13       4.76         11.55
    Other livestock                                  7.02     9.88     8.43      4.21       17.32     3.81       5.13          7.70
    Other current operating expenses 7              41.51    60.25    57.04     38.15       33.32    78.21      43.12         24.18
    Farm machinery and equipment                    18.21     2.64     4.88     28.63        7.92     2.75       9.69          6.93
    Farm real estate                                 5.19    10.01    11.68      3.57        4.18      .05       7.98          4.51
    Other 8                                         21.91     8.51     9.99     20.66       28.78    14.05      29.32         45.13
  Type of collateral
    Farm real estate                                12.24     6.29    10.75     11.29        9.28    15.71      14.65         30.31
    Other                                           84.31    83.19    86.29     86.04       86.97    78.49      82.70         66.20
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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