A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, February 5-9, 2007
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)          1,559,577  170,516  202,679   532,345     362,727   77,416     16,618       197,277
Number of loans                                    24,902    2,521    3,903     9,693       4,191      730        456         3,408
Weighted average maturity (months) 1                22.13    14.19    24.63     21.69       19.70    14.87      12.46         36.73
Weighted average repricing interval (months) 2       7.89     6.46    12.21      8.52        2.56     1.28       9.83         15.33
Weighted average risk rating 3                       2.98     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     8.57     8.31     8.73      8.62        8.38     8.97       8.11          8.67
  Standard error 5                                    .10      .22      .09       .11         .22      .46        .39           .22
  Interquartile range 6
    75th percentile                                  9.31     8.87     9.38      9.46        9.14     9.73       8.59          9.42
    25th percentile                                  7.88     7.75     7.95      8.18        7.57     8.04       7.50          8.00
  Purpose of loan
    Feeder livestock                                 8.93     8.45     8.99      9.26        8.89     8.84       8.70          8.58
    Other livestock                                  8.61     7.76     9.03      8.79        8.44     7.55       8.61          9.60
    Other current operating expenses 7               8.69     8.27     8.76      8.68        8.70     9.19       9.24          8.86
    Farm machinery and equipment                     8.93     8.79     9.17      8.69        9.36     n.a.      10.47          8.99
    Farm real estate                                 8.42     8.08     8.11      8.67        7.36     n.a.       9.58          8.46
    Other 8                                          8.06     8.86     8.26      7.88        8.10     8.61       7.81          7.84

Share of total loan volume
  Features of loan
    Floating rates                                  64.59    42.07    50.27     60.84       85.81    89.91      24.79         63.28
    Under commitment                                68.54    75.24    72.40     65.28       85.19    80.17      27.91         35.84
    Callable                                        27.13    21.06    32.99     29.08       17.46    48.92      12.91         31.55
    Subject to prepayment penalty                    1.91     1.72      .15      3.37        1.26     1.49       n.a.          1.44
  Purpose of loan
    Feeder livestock                                 7.30    15.96    10.08      9.12        1.55      .11       3.37          5.77
    Other livestock                                  8.68     4.25    10.95      4.19       19.04     6.19       2.89          4.73
    Other current operating expenses 7              53.40    70.54    55.43     60.29       29.83    73.59      13.43         56.72
    Farm machinery and equipment                     4.70     4.71     4.63      5.49        2.79     n.a.       1.50          8.23
    Farm real estate                                 4.34     2.90     5.49      6.91        1.25     n.a.        .49          5.21
    Other 8                                         21.57     1.66    13.42     14.00       45.52    20.10      78.33         19.34
  Type of collateral
    Farm real estate                                14.44     6.63    16.85     10.98       16.21     5.18      55.86         24.97
    Other                                           82.93    87.65    81.44     86.54       82.55    94.82      38.06         70.43
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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