A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, November 5-9, 2007
Percent except as noted
___________________________________________________________________________________________________________________________________

Loan characteristic                                All     Minimal    Low    Moderate  Acceptable  Special  Not rated  Not reported
___________________________________________________________________________________________________________________________________

Volume of loans (thousands of dollars)          1,614,310  160,954  188,613   525,936     353,905  128,194     58,929       197,780
Number of loans                                    28,395    2,526    4,915    10,055       4,472      920      1,033         4,474
Weighted average maturity (months) 1                19.20    26.02    17.01     21.37       15.47     7.41      27.78         21.86
Weighted average repricing interval (months) 2       7.38    11.40     7.89      5.24        5.48     4.28      26.33          9.08
Weighted average risk rating 3                       3.07     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     7.71     7.66     8.17      7.49        7.38     7.82       8.27          8.28
  Standard error 5                                    .14      .38      .14       .22         .54      .37        .25           .28
  Interquartile range 6
    75th percentile                                  8.63     8.64     8.87      8.25        8.30     8.25       8.45          9.14
    25th percentile                                  6.71     6.32     7.50      6.61        6.60     7.45       8.25          7.50
  Purpose of loan
    Feeder livestock                                 8.23     8.37     8.31      7.45        8.33     8.85       8.24          8.66
    Other livestock                                  8.13     9.87     8.79      8.50        7.32     7.37       8.43          9.67
    Other current operating expenses 7               7.85     7.47     8.29      7.88        7.41     7.67       8.64          8.44
    Farm machinery and equipment                     8.14     7.86     8.79      8.05        8.75     7.73       8.66          9.04
    Farm real estate                                 7.61     7.23     7.97      7.36        8.19     8.76       7.89          7.27
    Other 8                                          6.94     6.66     6.52      6.74        6.95     8.62       6.94          7.22

Share of total loan volume
  Features of loan
    Floating rates                                  66.88    25.22    38.91     85.19       86.05    55.47      21.12         65.53
    Under commitment                                78.16    66.30    78.85     87.64       93.20    86.91      25.34         45.09
    Callable                                        18.90    30.52    31.50     10.59       15.03     7.03      11.08         36.50
    Subject to prepayment penalty                    2.21     1.40     1.56      4.25         .16     5.89       n.a.          n.a.
  Purpose of loan
    Feeder livestock                                13.10    21.16     8.87      7.84       11.87     1.72      47.17         24.00
    Other livestock                                  9.96      .53    17.94      5.53        9.67    31.22      15.79          6.78
    Other current operating expenses 7              40.34    68.64    51.72     37.61       36.16    22.23      21.40         38.59
    Farm machinery and equipment                     6.59      .78     3.96      9.53        1.89    23.47       5.39          3.80
    Farm real estate                                 5.66     8.77     5.45      5.78        2.83     5.95       2.41          8.85
    Other 8                                         24.35      .13    12.04     33.70       37.58    15.40       7.84         17.97
  Type of collateral
    Farm real estate                                11.66    15.09     9.97      9.91        3.56     2.98      49.19         24.07
    Other                                           85.03    81.79    88.74     85.33       95.25    93.08      46.62         71.29
___________________________________________________________________________________________________________________________________
   For explanation of footnotes, see table A.8.
   n.a. Not available.

16