A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, November 7-11, 2005
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)          995,330   54,415  169,067   441,378     194,912   13,483     37,191        84,884
Number of loans                                  24,573    1,447    4,683    10,657       3,608      787        605         2,787
Weighted average maturity (months) 1              21.02    67.35    14.64     20.17       15.70    27.75      10.78         24.45
Weighted average repricing interval (months) 2     7.16    26.16     8.60      5.18         .95     3.77       2.18         19.49
Weighted average risk rating 3                     2.94     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                   7.44     7.14     7.68      7.29        7.44     8.61       8.40          7.34
  Standard error 5                                  .14      .21      .19       .27         .24      .33        .21           .21
  Interquartile range 6
    75th percentile                                8.25     7.79     8.09      8.25        7.98     9.11       8.45          8.14
    25th percentile                                6.70     6.91     7.10      6.26        6.70     8.11       8.33          6.47
  Purpose of loan
    Feeder livestock                               7.50     7.37     7.72      7.16        7.95     9.66       8.29          7.10
    Other livestock                                7.72     6.98     7.62      7.79        7.34     n.a.       8.17          8.12
    Other current operating expenses 7             7.58     6.60     7.70      7.52        7.41     8.51       8.46          7.83
    Farm machinery and equipment                   7.66     7.84     7.78      7.51        8.27     8.40       8.73          8.20
    Farm real estate                               7.09     7.78     7.33      6.77        7.76     n.a.       7.67          7.04
    Other 8                                        6.85     6.68     7.71      6.43        7.19     8.26       8.27          6.56

Share of total loan volume
  Features of loan
    Floating rates                                74.68    36.54    60.56     81.68       93.13    99.36      72.28         45.62
    Under commitment                              77.44    72.23    77.30     78.64       89.37    73.87      80.23         46.78
    Callable                                      22.97    58.51    19.11     20.99        8.11    11.27      72.12         32.59
    Subject to prepayment penalty                  4.24      .19     1.23      1.93        2.26      .96      70.59           .87
  Purpose of loan
    Feeder livestock                              20.40    29.16    35.73     18.80       15.21    13.37      10.97          9.76
    Other livestock                               11.55     4.99    11.66     10.64       11.92     n.a.      10.45         21.78
    Other current operating expenses 7            39.63    40.07    40.34     39.06       39.84    61.59      74.72         21.48
    Farm machinery and equipment                   6.26     6.33     1.03     10.78        1.59     7.93       1.51          5.66
    Farm real estate                               6.83    18.62     5.20      8.98        2.82     n.a.       1.52          4.01
    Other 8                                       15.33      .83     6.04     11.74       28.62    17.10        .83         37.31
  Type of collateral
    Farm real estate                              10.67    26.78    10.47      6.11        8.24    10.32      62.55          7.34
    Other                                         85.83    72.87    86.81     89.13       90.49    86.75      33.68         87.01
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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