A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, November 5-9, 2007
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)            474,112     20,123      49,667      62,483      59,904       80,664   201,270
Number of loans                                    10,536      3,681       3,303       1,760         910          511       370
Weighted average maturity (months) 1                27.99       8.50       11.68       16.11       29.82        37.06     33.43
Weighted average repricing interval (months) 2      15.21       5.33        6.57       12.49       20.62        14.24     17.95
Weighted average risk rating 3                       2.37       2.39        2.17        2.21        2.32         1.96      2.70

Weighted average interest rate 4                     8.36       9.04        8.75        8.82        8.71         8.62      7.84
  Standard error 5                                    .17        .14         .08         .12         .18          .19       .39
  Interquartile range 6
    75th percentile                                  9.01       9.56        9.26        9.35        9.45         9.11      9.00
    25th percentile                                  7.63       8.34        8.38        8.49        8.19         8.42      7.38
  Purpose of loan
    Feeder livestock                                 8.79       8.39        8.20        8.98        9.24         8.57      8.85
    Other livestock                                  8.50      10.33        8.90        9.35        9.13         9.24      7.45
    Other current operating expenses 7               8.27       8.86        8.71        8.62        8.71         8.99      7.26
    Farm machinery and equipment                     8.78       9.56        8.77        8.52        8.65         9.27      n.a.
    Farm real estate                                 7.35       n.a.        8.84        7.75        7.53         7.27      7.32
    Other 8                                          8.87       8.84        9.34        8.68        9.03         n.a.      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  34.86      40.13       35.43       29.66       32.30        39.15     34.84
    Under commitment                                54.81      63.08       65.87       50.98       38.36        31.88     66.54
    Callable                                        23.26      26.90       18.05       17.51       16.36        19.57     29.51
  Purpose of loan
    Feeder livestock                                21.54      10.15        4.67        3.54        7.56        28.64     33.75
    Other livestock                                 19.13      10.64       21.85       26.93       20.02        14.41     18.51
    Other current operating expenses 7              43.02      68.46       57.08       51.32       52.75        38.00     33.54
    Farm machinery and equipment                     4.34       9.97       13.98       11.39        5.02         1.86      n.a.
    Farm real estate                                10.49       n.a.         .63         .67       11.06        17.09     14.20
    Other 8                                          1.48        .78        1.78        6.15        3.58         n.a.      n.a.
  Type of collateral
    Farm real estate                                22.75       3.27        6.62        6.02       16.31        19.41     37.14
    Other                                           73.91      89.53       86.86       86.80       75.68        78.32     62.86
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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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