A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, August 1-5, 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)            296,182     25,874      37,384      42,067      59,547       48,877    82,433
Number of loans                                    11,975      6,590       2,709       1,237         910          391       138
Weighted average maturity (months) 1                49.90       8.45       15.51       13.80       31.97        35.21    117.79
Weighted average repricing interval (months) 2      11.70       4.65        7.63        8.62       19.53        13.46     10.63
Weighted average risk rating 3                       2.26       2.42        2.24        2.50        2.22         2.33      2.09

Weighted average interest rate 4                     7.69       7.94        7.76        7.91        7.22         7.56      7.88
  Standard error 5                                    .11        .10         .18         .22         .32          .21       .39
  Interquartile range 6
    75th percentile                                  8.43       8.46        8.43        8.52        8.03         8.57      8.03
    25th percentile                                  7.23       7.47        7.26        7.25        6.98         6.72      7.51
  Purpose of loan
    Feeder livestock                                 7.59       9.29        7.23        8.11        7.82         7.19      7.51
    Other livestock                                  7.88       8.52        7.51        8.83        7.48         n.a.      n.a.
    Other current operating expenses 7               7.88       7.90        7.88        7.80        7.20         8.03      8.75
    Farm machinery and equipment                     7.94       7.81        7.32        7.45        7.92         8.95      n.a.
    Farm real estate                                 7.28       n.a.        7.94        8.30        6.50         7.01      7.64
    Other 8                                          7.36       8.30        7.76        8.45        3.53         6.10      7.76

Share of total loan volume
  Features of loan
    Floating rates                                  54.45      53.78       43.15       39.83       33.21        61.44     78.44
    Under commitment                                41.95      62.02       57.80       46.28       43.90        36.95     27.81
    Callable                                        13.73       8.34       15.35        8.67       12.30         4.05     24.02
  Purpose of loan
    Feeder livestock                                13.48        .56        2.35        9.04       15.72        12.13     24.02
    Other livestock                                  4.75       3.03        9.46        8.29       10.54         n.a.      n.a.
    Other current operating expenses 7              45.71      83.23       63.46       61.18       43.30        42.63     21.56
    Farm machinery and equipment                     8.36       8.41       10.37       14.00       11.91        11.72      n.a.
    Farm real estate                                14.31       n.a.        6.05        3.08       16.28        18.73     24.22
    Other 8                                         13.39       4.76        8.31        4.41        2.24        14.79     30.20
  Type of collateral
    Farm real estate                                30.99       8.87       18.50       19.60       23.57        31.61     54.42
    Other                                           67.28      85.93       76.74       80.40       76.43        64.34     45.58
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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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