A.9. Characteristics of Bank Loans to Farmers -- Large Farm Lenders, by Size of Loan, November 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)          1,058,154     27,921      57,278      76,879     115,494      185,828   594,754
Number of loans                                    14,867      5,060       3,715       2,227       1,739        1,295       830
Weighted average maturity (months) 1                18.77       7.37        9.82       11.37       13.88        15.21     23.09
Weighted average repricing interval (months) 2       6.88       1.65        3.32        4.65        6.73         5.37      8.25
Weighted average risk rating 3                       3.19       3.09        3.14        3.12        3.03         3.21      3.23

Weighted average interest rate 4                     8.24       9.26        9.09        8.98        8.63         8.36      7.90
  Standard error 5                                    .30        .08         .11         .08         .10          .09       .35
  Interquartile range 6
    75th percentile                                  8.84       9.92        9.69        9.73        9.25         8.87      8.57
    25th percentile                                  7.50       8.57        8.43        8.30        8.00         7.71      6.96
  Purpose of loan
    Feeder livestock                                 8.40       9.23        8.73        8.86        8.77         8.66      8.10
    Other livestock                                  8.33       9.42        9.24        8.77        8.04         8.31      8.22
    Other current operating expenses 7               8.50       9.22        9.16        9.16        8.71         8.37      8.00
    Farm machinery and equipment                     9.01       9.76        9.46        8.54        8.78         8.13      9.13
    Farm real estate                                 8.37       9.54        8.41        8.73        8.61         8.47      8.33
    Other 8                                          7.46       9.19        8.61        8.60        8.52         8.19      7.12

Share of total loan volume
  Features of loan
    Floating rates                                  76.41      81.83       74.55       70.93       76.87        80.52     75.67
    Under commitment                                83.22      91.30       81.98       85.39       84.33        83.32     82.44
    Callable                                        20.49      26.68       24.52       30.44       27.90        24.05     15.97
  Purpose of loan
    Feeder livestock                                11.29       5.89        8.75       10.31       13.17        14.76     10.47
    Other livestock                                  7.29       6.70        5.63        7.06        8.74        10.73      6.15
    Other current operating expenses 7              37.50      74.10       68.83       61.82       54.51        41.69     25.00
    Farm machinery and equipment                     9.28       5.53        7.37        8.18        6.00         4.18     12.01
    Farm real estate                                 8.09        .92        1.14        1.39        2.20         5.13     12.03
    Other 8                                         26.55       6.86        8.28       11.23       15.39        23.51     34.34
  Type of collateral
    Farm real estate                                12.56       5.55        4.57        7.73        8.32         9.30     16.13
    Other                                           81.97      89.73       90.17       88.50       87.91        88.87     76.66
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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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