A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, August 7-11, 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)          1,407,870   71,130  208,652   508,381     329,866   27,745     72,364       189,732
Number of loans                                    26,007    1,598    4,701    11,659       4,534      554        809         2,152
Weighted average maturity (months) 1                25.55    77.48    20.68     24.42       16.89    22.66      13.24         34.69
Weighted average repricing interval (months) 2       7.45    13.94     8.83      6.20        2.84     3.26        .68         18.34
Weighted average risk rating 3                       3.03     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     8.59     8.69     8.91      8.68        8.68     8.94       8.26          7.89
  Standard error 5                                    .10      .27      .17       .13         .12      .42        .20           .28
  Interquartile range 6
    75th percentile                                  9.39     9.69     9.47      9.44        9.65     9.77       8.24          8.29
    25th percentile                                  7.76     8.22     8.42      7.87        8.03     8.03       8.24          7.20
  Purpose of loan
    Feeder livestock                                 8.42     9.09     8.73      8.37        7.97     8.15       8.29          8.10
    Other livestock                                  8.89     8.51     9.34      8.91        8.13     7.85       n.a.          9.43
    Other current operating expenses 7               8.86     8.42     9.04      8.90        8.68     9.29       9.20          8.29
    Farm machinery and equipment                     8.99     9.47     9.07      9.19        8.69     9.11       8.95          8.53
    Farm real estate                                 8.09     8.32     8.15      7.93        8.42    11.85       8.42          7.55
    Other 8                                          8.24     9.32     8.04      8.04        8.95     8.32       8.18          7.41

Share of total loan volume
  Features of loan
    Floating rates                                  74.30    42.06    65.16     72.91       94.85    96.72      95.21         53.19
    Under commitment                                73.79    57.47    78.53     77.91       75.83    91.76      96.84         48.69
    Callable                                        22.15    19.54    24.64     18.94       29.16    16.99       8.73         22.66
    Subject to prepayment penalty                    2.01     n.a.     n.a.      4.88         .34     2.22       n.a.           .94
  Purpose of loan
    Feeder livestock                                12.97    33.58    22.05      5.57        7.95     1.25      19.91         22.86
    Other livestock                                 11.73     4.25    16.02     17.01        7.91    11.15       n.a.          6.88
    Other current operating expenses 7              32.73    20.48    47.60     40.90       27.57    68.53       5.02         13.39
    Farm machinery and equipment                     8.04     6.67     2.55     11.41       10.77      .32        .90          4.70
    Farm real estate                                 6.86    34.50     8.35      5.40        4.30      .20        .62          6.54
    Other 8                                         27.67      .51     3.42     19.72       41.50    18.56      73.55         45.63
  Type of collateral
    Farm real estate                                13.58    33.23    16.42     14.78        6.68     4.92       4.33         16.69
    Other                                           78.27    66.77    78.71     79.33       72.41    93.86      94.38         81.02
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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