A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, November 2-6, 2009
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)            297,125     14,994      37,202      43,649      45,185       58,592    97,503
Number of loans                                     8,006      2,817       2,710       1,286         669          401       123
Weighted average maturity (months) 1                23.76       9.69       10.14       14.11       28.75        60.86     10.81
Weighted average repricing interval (months) 2      15.49       5.63        6.55        9.04       19.37        47.62      2.19
Weighted average risk rating 3                       2.53       2.67        2.38        2.78        2.28         2.51      2.70

Weighted average interest rate 4                     6.46       7.04        6.68        7.08        6.60         6.66      5.84
  Standard error 5                                    .13        .21         .19         .28         .25          .25       .27
  Interquartile range 6
    75th percentile                                  7.01       7.92        7.38        8.00        7.02         7.50      6.18
    25th percentile                                  5.88       6.11        6.15        6.40        6.09         6.03      5.64
  Purpose of loan
    Feeder livestock                                 6.35       7.21        6.88        7.94        6.18         6.86      5.06
    Other livestock                                  7.45       7.93        6.20        7.66        7.36         7.64      n.a.
    Other current operating expenses 7               6.48       6.79        6.60        6.72        6.65         7.51      6.07
    Farm machinery and equipment                     7.07       6.78        7.14        7.29        6.54         n.a.      n.a.
    Farm real estate                                 6.00       7.79        6.15        5.35        6.14         6.20      5.64
    Other 8                                          6.75       8.79        6.75        7.06        6.58         6.45      n.a.

Share of total loan volume
  Features of loan
    Floating rates                                  47.73      35.71       33.47       34.88       37.80        20.15     81.94
    Under commitment                                57.20      57.29       68.10       52.02       45.45        22.01     81.94
    Callable                                        27.71      27.66       22.85       20.55       41.65        16.62     32.98
  Purpose of loan
    Feeder livestock                                16.56      12.40       17.69       12.86       19.09        20.47     14.92
    Other livestock                                  6.49      13.34        4.83       15.05       14.29         4.20      n.a.
    Other current operating expenses 7              51.82      64.75       65.74       51.91       45.90        18.86     67.02
    Farm machinery and equipment                     4.40       6.74       10.18       13.41        5.35         n.a.      n.a.
    Farm real estate                                18.40        .97        1.05        2.51       11.47        51.65     18.06
    Other 8                                          2.32       1.80         .50        4.26        3.89         4.82      n.a.
  Type of collateral
    Farm real estate                                22.66      10.44        2.25        9.09       18.79        59.48     18.06
    Other                                           76.16      86.07       94.91       88.79       78.97        40.52     81.94
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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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