A.9. Characteristics of Bank Loans to Farmers -- Large Farm Lenders, by Size of Loan, May 4-8, 2009
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)          1,039,501     36,117      78,177     101,321     119,851      241,627   462,409
Number of loans                                    19,060      6,795       5,144       2,996       1,802        1,604       720
Weighted average maturity (months) 1                17.94      10.46       10.46       11.70       13.64        26.93     17.52
Weighted average repricing interval (months) 2       3.23       2.51        2.61        3.37        3.61         6.40      1.61
Weighted average risk rating 3                       3.34       3.06        3.17        3.14        3.31         3.37      3.42

Weighted average interest rate 4                     4.41       5.38        5.14        4.92        4.79         4.50      3.95
  Standard error 5                                    .23        .09         .20         .19         .21          .29       .31
  Interquartile range 6
    75th percentile                                  5.53       6.16        6.09        6.00        6.13         5.65      4.86
    25th percentile                                  3.25       4.77        4.29        4.04        3.43         3.17      2.66
  Purpose of loan
    Feeder livestock                                 4.47       5.26        4.97        5.50        4.48         4.39      3.88
    Other livestock                                  3.60       4.84        4.23        4.08        3.77         3.82      3.07
    Other current operating expenses 7               4.74       5.43        5.34        5.18        5.18         4.74      4.26
    Farm machinery and equipment                     5.39       7.41        5.66        5.26        5.63         5.24      3.99
    Farm real estate                                 5.41       6.95        5.79        4.17        5.63         5.62      5.08
    Other 8                                          3.62       4.09        4.01        3.68        3.47         3.83      3.53

Share of total loan volume
  Features of loan
    Floating rates                                  86.73      84.40       84.29       82.38       82.48        83.74     90.95
    Under commitment                                82.91      84.76       80.67       79.82       78.83        74.73     89.14
    Callable                                        23.31      27.61       25.35       24.86       27.06        29.03     18.34
  Purpose of loan
    Feeder livestock                                 4.68       4.77        4.77        5.26        7.43         6.70      2.76
    Other livestock                                  6.11       4.96        4.54        4.95        5.61         9.31      5.18
    Other current operating expenses 7              57.76      76.39       73.23       70.42       59.78        51.48     53.67
    Farm machinery and equipment                     2.83       4.30        4.06        4.04        6.18         4.36       .57
    Farm real estate                                 3.25       1.09        1.84         .37        3.32         5.78      2.95
    Other 8                                         25.37       8.49       11.56       14.96       17.67        22.36     34.87
  Type of collateral
    Farm real estate                                10.71       5.19        7.41        8.68        9.27        15.93      9.80
    Other                                           84.85      90.79       89.65       89.12       85.59        80.16     84.90
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   Note. Most large farm lenders that reported loans to farmers had more than $25 million in farm loans.
   For explanation of footnotes, see table A.8.

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