A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, November 6-10, 2006
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)            317,311     18,852      38,120      40,247      74,363       63,600    82,129
Number of loans                                     8,816      3,359       2,639       1,176       1,094          407       140
Weighted average maturity (months) 1                27.53       9.20       13.51       20.77       27.92        26.66     41.79
Weighted average repricing interval (months) 2      14.97       5.87        9.14        8.52       10.30        13.71     28.15
Weighted average risk rating 3                       2.27       2.52        2.46        2.37        2.12         2.01      2.37

Weighted average interest rate 4                     8.82       9.12        8.91        9.19        8.78         8.58      8.74
  Standard error 5                                    .11        .19         .04         .06         .23          .32       .23
  Interquartile range 6
    75th percentile                                  9.30       9.67        9.35        9.73        9.35         9.19      9.02
    25th percentile                                  8.17       8.31        8.49        8.70        8.16         8.06      8.17
  Purpose of loan
    Feeder livestock                                 8.74       9.32        8.92        8.61        8.31         8.21      9.30
    Other livestock                                  8.88       9.42        9.18        9.39        8.81         8.65      8.71
    Other current operating expenses 7               9.05       9.04        8.87        9.38        8.89         9.51      8.59
    Farm machinery and equipment                     8.53       9.45        8.86        9.34        7.22         7.22      n.a.
    Farm real estate                                 8.27       7.09        7.50        8.45        8.76         8.38      8.18
    Other 8                                          9.16       9.51        9.07        8.67        9.44         8.03      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  50.98      38.28       44.35       46.50       50.88        54.01     56.92
    Under commitment                                62.04      60.99       52.76       54.05       50.80        60.27     82.05
    Callable                                        15.10      21.03       15.72       21.19       11.99        12.64     15.20
  Purpose of loan
    Feeder livestock                                26.85       8.51       16.22       14.15       21.42        36.60     39.58
    Other livestock                                 15.72       9.73       12.17       14.45       23.94        16.67     11.17
    Other current operating expenses 7              34.90      72.09       57.23       51.30       35.15        25.79     14.79
    Farm machinery and equipment                     4.50       6.26       10.47       11.06        1.48         5.60      n.a.
    Farm real estate                                13.41       1.23         .53        4.26        5.13        13.02     34.47
    Other 8                                          4.63       2.20        3.38        4.79       12.87         2.33      n.a.
  Type of collateral
    Farm real estate                                24.65       4.78        8.29       15.18       21.06        31.76     39.18
    Other                                           74.53      90.66       88.34       83.67       78.94        68.24     60.82
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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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