A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, May 4-8, 2009
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)          1,367,355   60,087  113,225   631,005     335,050   64,331      5,556       158,101
Number of loans                                    27,794    1,794    3,374    12,374       5,007      704        258         4,283
Weighted average maturity (months) 1                20.85    12.72    36.31     20.57       20.62    16.26       6.71         16.52
Weighted average repricing interval (months) 2       6.01     8.30    11.84      6.03        4.71     3.24       2.11          4.89
Weighted average risk rating 3                       3.19     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     4.89     5.31     5.90      4.85        4.27     5.20       3.95          5.35
  Standard error 5                                    .11      .20      .18       .21         .24      .23       1.85           .55
  Interquartile range 6
    75th percentile                                  6.14     6.18     6.61      6.06        5.12     6.43       4.08          6.50
    25th percentile                                  3.43     4.08     5.12      3.56        2.95     2.91       1.26          3.75
  Purpose of loan
    Feeder livestock                                 5.37     5.00     6.47      5.27        4.57     3.96       5.28          4.38
    Other livestock                                  6.81     6.29     5.58      3.24        3.98     9.65       5.50          5.08
    Other current operating expenses 7               5.27     5.82     5.02      4.63        4.89     6.93       5.58          6.00
    Farm machinery and equipment                     6.60     6.42     5.52      6.14        5.17     8.02       6.33          5.86
    Farm real estate                                 7.27     5.92     5.82      5.95        6.17     n.a.       5.45          3.96
    Other 8                                          5.06     4.23     4.02      3.50        5.81     2.69       3.32          4.47

Share of total loan volume
  Features of loan
    Floating rates                                  75.96    32.94    49.13     79.15       91.09    86.58      83.08         62.19
    Under commitment                                75.63    64.01    55.78     83.38       86.26    89.46      42.05         36.37
    Callable                                        23.15    32.59    13.40     33.66       10.29     9.93        .18         18.06
    Subject to prepayment penalty                   11.09     n.a.     2.55      7.90       23.33    32.18       n.a.          n.a.
  Purpose of loan
    Feeder livestock                                 5.49    16.47    11.65      4.28        2.05     1.52       n.a.         10.87
    Other livestock                                  5.99     4.32     3.87      3.85       12.23     8.77       1.55          2.49
    Other current operating expenses 7              57.76    76.43    65.22     59.36       53.53    45.52      10.52         54.50
    Farm machinery and equipment                     4.40     1.24     4.75      3.68        1.27     2.90      13.31         15.13
    Farm real estate                                 4.64      .25    10.81      3.77        5.81     3.28       n.a.          3.63
    Other 8                                         21.72     1.29     3.70     25.06       25.11    38.01      74.62         13.37
  Type of collateral
    Farm real estate                                13.23     1.73    18.74     13.42       13.76    11.87      12.67         12.31
    Other                                           82.79    91.48    72.33     83.13       85.11    88.01      77.52         78.73
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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