A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, August 6-10, 2007
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)            285,178     17,699      35,044      42,186      44,802       41,078   104,369
Number of loans                                     8,353      3,452       2,434       1,296         689          315       165
Weighted average maturity (months) 1                47.37      12.87       13.53       32.10       27.67        57.86     74.85
Weighted average repricing interval (months) 2      22.10       8.59        8.51       20.34       16.40        34.60     27.20
Weighted average risk rating 3                       2.33       2.45        2.40        2.35        1.91         2.20      2.50

Weighted average interest rate 4                     8.51       9.19        9.13        9.15        8.64         8.19      7.99
  Standard error 5                                    .22        .17         .14         .17         .27          .16       .52
  Interquartile range 6
    75th percentile                                  9.26       9.69        9.72        9.75        9.42         8.54      8.28
    25th percentile                                  7.76       8.50        8.50        8.45        7.93         7.76      7.14
  Purpose of loan
    Feeder livestock                                 8.65       9.17        8.77        9.44        8.14         8.14      n.a.
    Other livestock                                  9.19       9.55        9.47        9.26        9.58         8.62      n.a.
    Other current operating expenses 7               9.03       9.09        9.20        9.40        8.45         8.77      9.13
    Farm machinery and equipment                     8.29       9.62        8.99        8.80        9.60         7.57      8.10
    Farm real estate                                 7.92       7.68        8.01        8.02        7.94         7.88      n.a.
    Other 8                                          7.44       9.42        n.a.        n.a.        8.98         n.a.      7.14

Share of total loan volume
  Features of loan
    Floating rates                                  43.49      38.87       34.51       35.75       24.18        42.32     59.18
    Under commitment                                61.53      56.52       51.39       51.11       44.14        33.74     88.41
    Callable                                        24.47      19.73       20.26       31.86       25.60        33.53     19.65
  Purpose of loan
    Feeder livestock                                 6.45       3.23        8.34       12.66       11.32        10.93      n.a.
    Other livestock                                  6.45       8.23        4.98        7.76       12.93        14.93      n.a.
    Other current operating expenses 7              41.85      66.08       70.71       51.30       51.56        26.04     26.27
    Farm machinery and equipment                    21.15      10.75       13.95       17.94        4.41        20.19     34.20
    Farm real estate                                 7.06       2.09        2.02       10.33        7.21        27.90      n.a.
    Other 8                                         17.04       9.62        n.a.        n.a.       12.57         n.a.     39.53
  Type of collateral
    Farm real estate                                38.02       3.46        8.24       20.88       32.06        41.12     62.13
    Other                                           61.01      87.80       88.21       79.12       67.94        58.88     37.87
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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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