A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, May 1-5, 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)            462,529     28,904      57,507      50,554      43,237      101,306   181,020
Number of loans                                    12,642      5,414       3,911       1,578         680          687       373
Weighted average maturity (months) 1                33.20      12.36       14.25       15.33       26.94        41.81     44.73
Weighted average repricing interval (months) 2      15.20       6.80        9.12        8.80       13.33        22.75     16.46
Weighted average risk rating 3                       2.54       2.40        2.31        2.39        2.31         2.51      2.73

Weighted average interest rate 4                     8.47       8.49        8.79        8.56        8.77         8.46      8.27
  Standard error 5                                    .16        .21         .13         .22         .39          .21       .16
  Interquartile range 6
    75th percentile                                  9.00       9.14        9.31        9.10        9.15         9.00      8.80
    25th percentile                                  7.98       8.04        8.15        8.22        7.75         7.76      7.98
  Purpose of loan
    Feeder livestock                                 7.91       8.97        8.74        8.26        8.60         8.81      7.44
    Other livestock                                  8.98       9.03        8.84        9.30        7.76         9.08      n.a.
    Other current operating expenses 7               8.55       8.35        8.76        8.65        8.39         8.80      8.43
    Farm machinery and equipment                     8.80       8.47        8.73        8.62        9.76         9.17      8.57
    Farm real estate                                 8.01       9.11        9.37        7.97       10.59         7.63      7.77
    Other 8                                          8.49       9.30        8.30        6.91        n.a.         8.75      8.49

Share of total loan volume
  Features of loan
    Floating rates                                  36.32      49.82       41.84       45.34       47.53        26.38     32.79
    Under commitment                                58.06      68.88       43.63       51.12       53.03        44.64     71.57
    Callable                                        32.19      19.59       12.78       23.93        4.79        18.86     56.69
  Purpose of loan
    Feeder livestock                                 7.65       6.32        5.69       10.61        5.09         1.72     11.58
    Other livestock                                  6.18      10.05       15.76       10.49        3.34         9.76      n.a.
    Other current operating expenses 7              57.66      72.77       62.20       56.56       70.50        42.51     59.52
    Farm machinery and equipment                     7.81       8.50        9.64       10.58        9.22         4.34      7.94
    Farm real estate                                13.51        .24        4.69        8.32       11.84        32.27      9.78
    Other 8                                          7.19       2.12        2.03        3.43        n.a.         9.40     11.18
  Type of collateral
    Farm real estate                                26.74       6.83        4.83        5.69       12.77        38.86     39.31
    Other                                           72.27      90.30       91.18       93.53       84.82        61.14     60.69
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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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