A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, February 6-10, 2006
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)          1,424,592  105,152  240,300   639,335     243,853   82,325     38,390        75,238
Number of loans                                    31,597    2,906    5,020    14,278       4,626    1,088      1,431         2,248
Weighted average maturity (months) 1                17.35    17.85    14.49     18.50       17.60    15.69      19.49         15.72
Weighted average repricing interval (months) 2       6.47     8.78     6.89      6.74        3.88     5.84      10.71          6.59
Weighted average risk rating 3                       2.97     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     7.98     7.68     8.11      7.89        8.02     8.47       8.22          7.90
  Standard error 5                                    .07      .19      .14       .19         .18      .21        .20           .27
  Interquartile range 6
    75th percentile                                  8.68     8.34     8.66      8.60        8.57     8.68       8.95          8.51
    25th percentile                                  7.41     6.75     7.64      7.35        7.41     7.79       7.50          7.07
  Purpose of loan
    Feeder livestock                                 7.96     7.98     8.14      7.72        8.14     9.24       8.25          8.17
    Other livestock                                  8.03     7.40     8.29      8.04        8.01     8.34       8.70          7.98
    Other current operating expenses 7               8.14     7.50     8.12      8.13        8.26     8.49       8.07          8.30
    Farm machinery and equipment                     8.06     8.20     8.48      7.93        8.45     7.69       8.72          9.25
    Farm real estate                                 7.68     7.28     7.31      8.13        6.86     n.a.       8.61          7.65
    Other 8                                          7.40     8.33     8.30      6.97        7.58     8.48       8.05          7.35

Share of total loan volume
  Features of loan
    Floating rates                                  68.05    24.36    56.52     75.52       87.34    62.89      33.46         63.31
    Under commitment                                72.85    49.50    61.17     78.40       86.75    62.90      74.81         60.56
    Callable                                        25.04    29.39    20.84     27.61       13.08    35.93      30.11         34.80
    Subject to prepayment penalty                    3.06     8.70      .91      4.79         .24      .46       1.65          n.a.
  Purpose of loan
    Feeder livestock                                 7.59    21.03     9.17      6.41        4.78      .38      13.37          7.75
    Other livestock                                  8.71    12.02     8.18      5.78       18.10      .55      13.90          6.62
    Other current operating expenses 7              57.45    46.88    69.30     57.28       47.02    84.09      58.33         40.01
    Farm machinery and equipment                     6.11     2.17     2.45     10.34        3.10     1.80       4.04          2.88
    Farm real estate                                 4.09     7.52     6.04      4.27        2.12     n.a.       2.20          3.29
    Other 8                                         16.06    10.37     4.87     15.93       24.89    13.17       8.17         39.45
  Type of collateral
    Farm real estate                                 9.88    17.73    10.25     10.72        7.67     4.49       2.54          7.44
    Other                                           86.23    81.50    87.44     84.47       87.69    93.48      94.22         87.12
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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