A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, November 7-11, 2005
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)            235,637     19,854      33,416      31,628      40,011       62,472    48,255
Number of loans                                     9,171      4,879       2,163         963         600          436       131
Weighted average maturity (months) 1                31.36      10.99       12.34       11.47       28.97        25.21     75.32
Weighted average repricing interval (months) 2      16.93       7.07        9.68        4.99       24.31        20.92     22.55
Weighted average risk rating 3                       2.40       2.36        2.28        2.79        2.28         2.32      2.49

Weighted average interest rate 4                     8.05       8.32        8.19        7.74        8.31         7.72      8.25
  Standard error 5                                    .16        .15         .07         .31         .28          .29       .08
  Interquartile range 6
    75th percentile                                  8.50       8.77        8.85        8.57        9.20         8.25      8.40
    25th percentile                                  7.64       7.73        7.64        7.25        7.75         7.10      8.25
  Purpose of loan
    Feeder livestock                                 7.90       8.73        7.84        7.26        8.12         7.81      8.40
    Other livestock                                  8.44       8.57        8.50        8.33        8.56         8.42      8.25
    Other current operating expenses 7               8.15       8.19        8.09        7.67        8.49         8.09      8.36
    Farm machinery and equipment                     8.23       8.55        8.68        7.99        8.15         7.74      n.a.
    Farm real estate                                 7.69       8.24        8.37        7.95        n.a.         7.25      7.79
    Other 8                                          7.48       8.31        8.35        8.20        8.27         5.54      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  56.30      55.02       38.26       49.33       40.46        46.29    100.00
    Under commitment                                52.70      54.63       54.58       49.04       43.06        46.12     69.53
    Callable                                        23.81      17.57       17.38       11.48       26.52         6.30     59.35
  Purpose of loan
    Feeder livestock                                26.95       6.38       13.43       24.13       29.74        47.67     17.49
    Other livestock                                 14.96      12.69       15.39       16.48       21.01        12.98     12.13
    Other current operating expenses 7              37.62      61.26       55.21       42.18       17.67        20.01     52.05
    Farm machinery and equipment                     6.10      10.45        9.36        9.59       10.18         3.30      n.a.
    Farm real estate                                 7.43       3.58        2.53        5.84        n.a.         8.41     18.33
    Other 8                                          6.95       5.64        4.08        1.78       21.40         7.64      n.a.
  Type of collateral
    Farm real estate                                23.31       6.88        7.36        7.32       20.81        18.91     59.35
    Other                                           75.17      89.61       92.64       86.89       76.52        81.09     40.65
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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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