A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, August 4-8, 2008
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)          1,637,133   59,863  232,083   746,466     429,112   24,727      9,228       135,655
Number of loans                                    26,226    1,602    4,230    12,040       4,076      533        409         3,336
Weighted average maturity (months) 1                23.85    12.08    23.32     29.16       19.77    12.98      18.68         15.15
Weighted average repricing interval (months) 2       4.97     9.78     6.35      4.28        3.39     1.17      10.27          9.74
Weighted average risk rating 3                       3.08     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     5.34     6.39     5.84      5.23        4.87     5.71       7.21          5.97
  Standard error 5                                    .23      .34      .20       .29         .61      .48        .24           .54
  Interquartile range 6
    75th percentile                                  6.17     6.57     6.98      6.17        5.58     6.66       7.71          7.00
    25th percentile                                  4.04     6.00     4.71      4.03        4.03     4.59       7.50          5.06
  Purpose of loan
    Feeder livestock                                 5.65     6.22     5.34      5.53        5.79     5.77       4.81          7.53
    Other livestock                                  5.52     6.78     6.23      5.48        4.06     3.85       n.a.          8.51
    Other current operating expenses 7               5.57     6.29     6.45      5.59        4.88     5.56       7.60          5.71
    Farm machinery and equipment                     6.35     6.80     6.64      5.95        6.41     3.31       7.39          7.34
    Farm real estate                                 6.04     n.a.     6.18      5.81        6.41     n.a.       n.a.          6.17
    Other 8                                          4.61     6.49     4.41      4.55        4.63     6.21       5.92          5.84

Share of total loan volume
  Features of loan
    Floating rates                                  81.24    29.44    74.18     87.53       86.63    93.53      31.97         65.68
    Under commitment                                73.36    44.11    77.92     71.68       90.56    98.18      54.13         30.08
    Callable                                        16.55    16.57    24.22     17.18       11.73     6.86      16.23         17.05
    Subject to prepayment penalty                    2.39      .28     1.63      3.59        1.88     1.48       n.a.          n.a.
  Purpose of loan
    Feeder livestock                                 4.23    23.31    10.03      2.87        1.83     3.81      11.33           .60
    Other livestock                                 10.06    13.21    16.50     11.06        7.12     4.14       n.a.          3.18
    Other current operating expenses 7              45.98    51.26    44.00     38.26       49.05    54.74      71.08         76.51
    Farm machinery and equipment                     5.06     7.58     5.47      5.56        3.01      .86      15.22          7.03
    Farm real estate                                 4.74     n.a.     1.25      5.68        4.66     n.a.       n.a.          9.13
    Other 8                                         29.93     4.64    22.75     36.57       34.33    36.45       2.36          3.56
  Type of collateral
    Farm real estate                                19.12     7.80     8.38     26.73       16.04     5.14       8.17         13.70
    Other                                           76.66    91.30    88.20     70.22       83.52    94.31      82.68         60.57
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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