A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, May 7-11, 2007
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)          1,362,503   74,773  162,181   581,402     240,463   66,284     34,892       202,507
Number of loans                                    32,477    2,590    5,150    12,931       4,966      890        734         5,216
Weighted average maturity (months) 1                21.02    14.42    19.20     19.85       22.69    13.11      35.79         26.62
Weighted average repricing interval (months) 2       8.92     6.99     8.05      8.55        2.84     5.66      16.64         18.51
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                     8.62     8.56     8.52      8.65        8.55     8.78       9.36          8.57
  Standard error 5                                    .07      .13      .20       .14         .21      .33        .26           .11
  Interquartile range 6
    75th percentile                                  9.40     9.07     9.42      9.35        9.38     9.14       9.99          9.34
    25th percentile                                  8.00     8.25     7.76      8.03        7.50     8.24       8.51          7.76
  Purpose of loan
    Feeder livestock                                 8.91     9.03     9.42      8.54        9.30     9.70       9.91          8.42
    Other livestock                                  8.61     9.44     9.17      9.18        7.61     7.61       9.46          8.62
    Other current operating expenses 7               8.92     8.47     8.87      9.00        8.92     8.84      10.05          8.89
    Farm machinery and equipment                     8.67     7.98     8.28      8.53        9.23    10.58       8.52          8.80
    Farm real estate                                 8.11     8.62     7.89      8.08        8.76     n.a.       8.97          7.95
    Other 8                                          7.97     8.72     6.99      7.82        8.27     8.91       8.83          7.75

Share of total loan volume
  Features of loan
    Floating rates                                  67.72    29.42    61.30     67.75       92.44    61.75      65.43         59.94
    Under commitment                                71.71    83.62    67.76     74.72       92.81    87.03      66.85         32.62
    Callable                                        21.50    23.93    24.82     27.25       13.02     6.04      24.75         15.98
    Subject to prepayment penalty                    2.30     1.61      .18      4.21        2.00      .12       n.a.           .27
  Purpose of loan
    Feeder livestock                                 5.63     9.87    10.56      4.46        3.00      .57      11.46          7.21
    Other livestock                                  6.04     2.90    11.57      3.71        9.88     6.53      11.06          3.91
    Other current operating expenses 7              52.58    78.19    48.04     54.89       35.91    79.62      27.92         55.30
    Farm machinery and equipment                     7.77     2.24     4.20     10.48        7.42      .24       4.85          8.30
    Farm real estate                                 7.41     2.37     7.58      9.67        2.73     n.a.       8.11         10.51
    Other 8                                         20.57     4.43    18.05     16.79       41.06    13.03      36.60         14.77
  Type of collateral
    Farm real estate                                13.26     8.61    11.62     13.64       10.55    18.43      17.34         16.03
    Other                                           82.92    88.73    86.22     81.89       88.10    79.69      80.36         76.46
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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