A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, February 7-11, 2005
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)            551,969     23,371      38,417      59,443      74,347      154,446   201,946
Number of loans                                    13,615      6,674       2,702       1,677       1,133        1,019       409
Weighted average maturity (months) 1                29.64       9.68       13.26       27.54       15.54        43.26     30.32
Weighted average repricing interval (months) 2      13.84       4.93        9.03       13.26        8.62        23.21     10.71
Weighted average risk rating 3                       2.46       2.55        2.34        2.48        2.60         2.46      2.42

Weighted average interest rate 4                      .01        .01         .01         .01         .01          .01       .01
  Standard error 5                                    .00        .00         .00         .00         .00          .00       .00
  Interquartile range 6
    75th percentile                                   .01        .01         .01         .01         .01          .01       .01
    25th percentile                                   .01        .01         .01         .01         .01          .01       .01
  Purpose of loan
    Feeder livestock                                  .01        .01         .01         .01         .01          .01       .01
    Other livestock                                   .01        .01         .01         .01         .01          .01       .01
    Other current operating expenses 7                .01        .01         .01         .01         .01          .01       .01
    Farm machinery and equipment                      .01        .01         .01         .01         .01          .01      n.a.
    Farm real estate                                  .01        .01         .01         .01         .01          .01       .01
    Other 8                                           .01        .01         .01         .01         .01          .01      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  51.60      48.90       39.34       54.71       43.49        55.74     53.13
    Under commitment                                48.33      60.63       45.00       39.78       43.42        49.07     51.30
    Callable                                        11.80      20.53       17.63       24.76       12.65        15.32      2.87
  Purpose of loan
    Feeder livestock                                 8.38       6.18        8.59       11.29       16.03         7.64      5.48
    Other livestock                                 10.00      14.02       10.37       13.22       13.53         4.73     11.24
    Other current operating expenses 7              63.49      68.05       58.20       46.05       56.37        61.08     73.56
    Farm machinery and equipment                     5.06       3.80        9.11       11.77        6.35         7.66      n.a.
    Farm real estate                                 8.90        .41        1.98       11.99        4.40        11.82      9.72
    Other 8                                          4.18       7.54       11.75        5.67        3.33         7.08      n.a.
  Type of collateral
    Farm real estate                                23.30      10.55        5.66       19.36        3.82        38.41     24.90
    Other                                           67.80      82.66       90.12       77.37       91.78        61.59     54.94
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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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