A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, February 6-10, 2006
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)            394,700     23,944      39,279      45,986      84,605      146,151    54,735
Number of loans                                    12,521      6,201       2,575       1,430       1,229          928       157
Weighted average maturity (months) 1                18.60      12.64       17.30       19.12       29.63        15.55     13.04
Weighted average repricing interval (months) 2      10.80       6.87       11.98       10.74       17.67         7.66      9.48
Weighted average risk rating 3                       2.26       2.37        2.43        2.50        2.65         2.15      1.55

Weighted average interest rate 4                     8.27       8.53        8.50        8.18        8.24         8.29      8.05
  Standard error 5                                    .11        .10         .04         .14         .11          .26       .18
  Interquartile range 6
    75th percentile                                  8.82       9.10        9.03        8.82        8.93         8.98      8.34
    25th percentile                                  7.64       8.00        7.96        7.62        7.71         7.54      7.64
  Purpose of loan
    Feeder livestock                                 8.16       8.34        8.00        7.61        8.33         8.34      8.34
    Other livestock                                  8.56       8.94        9.00        8.38        8.60         8.44      n.a.
    Other current operating expenses 7               8.28       8.49        8.44        8.36        8.33         8.30      7.93
    Farm machinery and equipment                     8.48       8.20        8.92        8.10        8.50         8.55      n.a.
    Farm real estate                                 7.38       7.95        n.a.        7.89        7.46         6.82      n.a.
    Other 8                                          8.35      10.20        7.75        7.91        8.10         8.61      8.33

Share of total loan volume
  Features of loan
    Floating rates                                  39.55      44.94       43.02       43.27       37.97        39.54     34.09
    Under commitment                                44.56      59.09       48.84       48.09       37.78        43.32     45.93
    Callable                                        18.65      25.38       25.86       20.91       20.87        14.60     15.98
  Purpose of loan
    Feeder livestock                                 8.55       8.05        6.86       14.72        9.95         3.72     15.51
    Other livestock                                  9.68      10.04        6.47        9.94       15.56        10.62      n.a.
    Other current operating expenses 7              66.28      67.92       67.54       53.57       53.31        76.34     68.51
    Farm machinery and equipment                     4.75      11.12       16.03       12.44        1.85         1.72      n.a.
    Farm real estate                                 4.65        .63        n.a.        4.57       14.40         2.67      n.a.
    Other 8                                          6.10       2.23        3.10        4.76        4.93         4.93     15.98
  Type of collateral
    Farm real estate                                13.29       3.38        6.01        7.93       24.93        10.80     15.98
    Other                                           84.71      89.19       87.80       88.69       72.54        89.20     84.02
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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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