A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, August 7-11, 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)            379,270     20,013      42,842      47,534      37,569       75,855   155,457
Number of loans                                     9,324      3,620       2,838       1,490         596          469       311
Weighted average maturity (months) 1                38.52       9.68       16.53       12.55       47.75        63.87     41.68
Weighted average repricing interval (months) 2      13.39       4.06        6.92        8.49       24.28        26.45      8.86
Weighted average risk rating 3                       2.41       2.60        2.42        2.46        2.40         2.61      2.23

Weighted average interest rate 4                     9.00       9.42        9.38        8.88        8.81         8.80      9.03
  Standard error 5                                    .13        .17         .18         .14         .22          .23       .27
  Interquartile range 6
    75th percentile                                  9.50       9.96       10.01        9.31        9.51         9.37      9.50
    25th percentile                                  8.33       8.66        8.78        8.10        8.23         8.22      8.24
  Purpose of loan
    Feeder livestock                                 8.44       9.16        8.96        8.42        9.09         9.33      8.20
    Other livestock                                  9.60       9.99        9.56        9.34        9.26         9.21      9.80
    Other current operating expenses 7               9.28       9.40        9.58        9.15        8.62         9.20      9.43
    Farm machinery and equipment                     8.81       9.70        9.15        8.27        9.33         8.83      n.a.
    Farm real estate                                 8.33       9.13        8.95        8.64        8.02         8.22      8.47
    Other 8                                          8.87       9.50        8.05        9.25        9.92         8.60      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  47.57      64.15       59.42       39.18       43.09        34.79     52.06
    Under commitment                                51.06      73.83       61.70       40.10       54.02        26.59     59.78
    Callable                                        13.80      21.65       16.76        8.67       20.39        14.25     11.73
  Purpose of loan
    Feeder livestock                                20.20      11.03       11.90       15.29       23.17         2.93     32.89
    Other livestock                                 22.81       5.09        6.61       12.66        9.98        26.99     33.73
    Other current operating expenses 7              32.76      75.11       61.20       49.14       39.55        16.85     20.59
    Farm machinery and equipment                     8.75       4.98       14.35       20.23       10.28        16.56      n.a.
    Farm real estate                                14.10       1.59        3.05        1.67       14.27        34.00     12.80
    Other 8                                          1.38       2.20        2.89        1.00        2.75         2.68      n.a.
  Type of collateral
    Farm real estate                                25.59       8.45        8.24        3.48       22.98        66.41     20.06
    Other                                           72.48      85.30       90.64       96.52       77.02        33.59     76.36
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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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