A.10. Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, May 4-8, 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)            327,854     18,292      40,442      37,107      56,737       61,177   114,099
Number of loans                                     8,734      3,347       2,727       1,116         862          460       222
Weighted average maturity (months) 1                30.07      10.43       17.61       13.33       20.64        70.38     27.79
Weighted average repricing interval (months) 2      14.84       6.51        8.90        7.83       10.29        26.64     16.41
Weighted average risk rating 3                       2.65       2.46        2.61        2.42        2.64         2.79      2.70

Weighted average interest rate 4                     6.40       6.96        6.75        6.94        6.59         6.41      5.90
  Standard error 5                                    .14        .23         .18         .29         .21          .27       .15
  Interquartile range 6
    75th percentile                                  7.00       7.64        7.71        7.59        7.01         7.18      6.25
    25th percentile                                  5.88       6.14        6.06        6.17        6.17         5.00      5.88
  Purpose of loan
    Feeder livestock                                 7.02       6.69        7.02        7.12        7.14         7.00      6.90
    Other livestock                                  7.06       7.19        7.29        7.69        6.37         6.87      n.a.
    Other current operating expenses 7               6.17       6.71        6.56        6.75        6.43         5.93      5.68
    Farm machinery and equipment                     6.58       7.70        7.02        6.99        6.69         9.00      5.11
    Farm real estate                                 6.38       n.a.        6.57        n.a.        6.50         6.37      6.37
    Other 8                                          6.68       7.95        6.44        7.55        7.16         6.16      6.70

Share of total loan volume
  Features of loan
    Floating rates                                  41.82      34.88       40.90       42.00       38.19        59.53     35.50
    Under commitment                                52.56      59.08       48.90       36.84       54.21        49.46     58.77
    Callable                                        22.63      19.02       16.76       14.88       11.62         8.05     41.10
  Purpose of loan
    Feeder livestock                                 8.07       1.62       14.40        8.61        8.10        11.98      4.58
    Other livestock                                  5.61      13.80        9.55        9.19        6.19         8.30      n.a.
    Other current operating expenses 7              57.75      67.30       60.20       70.56       57.79        35.05     63.33
    Farm machinery and equipment                     9.37      13.46       13.33        4.22       17.21         4.35      7.79
    Farm real estate                                 9.06       n.a.        1.09        n.a.        2.82        22.52     12.17
    Other 8                                         10.14       3.83        1.43        7.42        7.90        17.81     12.13
  Type of collateral
    Farm real estate                                21.20       8.50       14.00       11.98        7.52        42.27     24.30
    Other                                           76.24      80.20       76.77       81.02       92.48        57.73     75.70
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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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