A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, August 1-5, 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)          1,293,796   67,728  122,717   679,772     281,279   15,897     43,022        83,382
Number of loans                                    31,569    1,817    5,260    14,088       5,207      821      1,601         2,774
Weighted average maturity (months) 1                24.14    93.73    21.32     21.33       10.31    10.28      76.69         15.40
Weighted average repricing interval (months) 2       6.98     8.28    11.55      7.26         .58     4.30      30.25          7.02
Weighted average risk rating 3                       3.05     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     6.77     7.25     7.22      6.55        6.68     7.90       7.70          7.10
  Standard error 5                                    .22      .58      .15       .28         .26      .31        .14           .21
  Interquartile range 6
    75th percentile                                  7.60     8.03     8.50      7.59        7.23     8.56       7.93          7.51
    25th percentile                                  6.13     6.52     6.29      5.64        6.17     6.96       7.42          6.54
  Purpose of loan
    Feeder livestock                                 7.00     7.23     6.22      6.64        6.45     7.79       8.82          7.58
    Other livestock                                  6.83     6.42     7.25      6.94        6.24     8.43       7.51          7.46
    Other current operating expenses 7               7.11     7.27     7.44      6.95        7.01     8.04       7.74          7.10
    Farm machinery and equipment                     6.93     n.a.     8.39      6.84        6.75     7.47       7.36          7.81
    Farm real estate                                 7.15     4.75     6.90      7.19        6.99     n.a.       7.54          7.86
    Other 8                                          5.89     7.71     6.22      5.32        6.27     7.52       7.91          6.25

Share of total loan volume
  Features of loan
    Floating rates                                  74.26    51.66    43.07     77.77       94.14    75.60      32.75         64.04
    Under commitment                                74.60    60.20    76.57     75.99       93.54    79.71      19.91         35.34
    Callable                                        20.75    25.11    26.94     21.89        6.33    11.61      25.50         46.75
    Subject to prepayment penalty                    2.39     4.60     n.a.      3.54         .14     1.51       n.a.          3.66
  Purpose of loan
    Feeder livestock                                 5.87    11.27    11.91      2.43        3.00      .10       6.47         31.09
    Other livestock                                  9.12     8.65     6.08     11.42        7.75     2.25       3.86          3.82
    Other current operating expenses 7              38.46    41.53    60.56     34.53       38.40    69.89      37.44         30.20
    Farm machinery and equipment                    15.13     n.a.     7.42     16.22       22.93     2.51      11.73          7.78
    Farm real estate                                 8.00     3.73     5.92     10.62        2.32     n.a.      32.88          1.03
    Other 8                                         23.42    34.82     8.11     24.78       25.60    25.26       7.61         26.08
  Type of collateral
    Farm real estate                                12.41    34.35    12.33     11.46        4.90    12.80      38.11         14.40
    Other                                           83.50    64.41    83.39     85.26       88.55    87.16      61.40         78.53
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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