A.9. Characteristics of Bank Loans to Farmers -- Large Farm Lenders, by Size of Loan, May 3-7, 2010
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)          1,106,110     35,245      70,062      91,353     123,373      235,935   550,142
Number of loans                                    17,824      6,387       4,583       2,701       1,850        1,546       757
Weighted average maturity (months) 1                20.10       9.90       11.68       13.88       14.36        16.83     25.45
Weighted average repricing interval (months) 2       5.71       2.17        3.05        4.83        4.64         5.43      6.77
Weighted average risk rating 3                       3.50       3.12        3.21        3.25        3.37         3.51      3.63

Weighted average interest rate 4                     4.89       5.68        5.42        5.39        5.06         4.75      4.71
  Standard error 5                                    .25        .13         .18         .18         .19          .20       .41
  Interquartile range 6
    75th percentile                                  6.25       6.35        6.18        6.45        6.18         6.03      6.40
    25th percentile                                  3.43       5.06        4.59        4.59        4.06         3.40      3.30
  Purpose of loan
    Feeder livestock                                 4.87       5.50        5.57        5.43        4.93         4.88      4.19
    Other livestock                                  4.50       5.81        5.48        5.36        4.58         4.26      4.03
    Other current operating expenses 7               5.09       5.71        5.50        5.63        5.29         5.05      4.64
    Farm machinery and equipment                     5.85       6.88        6.14        6.00        6.08         4.78      6.04
    Farm real estate                                 6.35       6.80        6.15        6.63        6.16         6.27      6.39
    Other 8                                          4.23       4.75        4.55        4.16        4.06         3.92      4.30

Share of total loan volume
  Features of loan
    Floating rates                                  82.25      83.36       83.61       80.61       80.13        81.54     83.06
    Under commitment                                79.43      87.34       81.43       74.51       73.46        72.80     83.66
    Callable                                        19.96      33.90       25.86       27.80       25.46        13.12     18.72
  Purpose of loan
    Feeder livestock                                 5.46       5.10        5.70        8.69       14.30         6.47      2.50
    Other livestock                                  5.28       5.58        7.92        7.19        5.61         6.43      4.05
    Other current operating expenses 7              42.01      75.76       64.19       57.34       53.43        51.26     27.95
    Farm machinery and equipment                     6.84       3.85        6.16        6.20        4.21         5.27      8.49
    Farm real estate                                 6.52       1.02        2.22        3.34        5.03         5.15      8.87
    Other 8                                         33.89       8.69       13.81       17.25       17.41        25.43     48.14
  Type of collateral
    Farm real estate                                12.98       7.43        9.19       11.96        9.23        12.33     15.11
    Other                                           84.90      87.86       85.99       85.05       85.02        84.86     84.53
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   Note. Most large farm lenders that reported loans to farmers had more than $25 million in farm loans.
   For explanation of footnotes, see table A.8.

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