A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, August 6-10, 2007 Percent except as noted ___________________________________________________________________________________________________________________________________ Loan characteristic All Minimal Low Moderate Acceptable Special Not rated Not reported ___________________________________________________________________________________________________________________________________ Volume of loans (thousands of dollars) 1,221,443 59,546 209,970 465,654 255,911 42,817 19,214 168,332 Number of loans 26,087 2,047 4,149 10,035 3,862 698 671 4,627 Weighted average maturity (months) 1 23.79 11.40 49.80 18.86 15.61 11.58 79.43 19.90 Weighted average repricing interval (months) 2 7.50 8.76 18.84 2.86 3.94 .62 78.68 5.54 Weighted average risk rating 3 3.01 1.00 2.00 3.00 4.00 5.00 n.a. n.a. Weighted average interest rate 4 8.39 8.48 8.12 8.33 8.41 9.01 8.57 8.65 Standard error 5 .13 .18 .16 .17 .28 .31 .21 .07 Interquartile range 6 75th percentile 9.12 9.26 8.93 8.97 9.25 9.92 8.87 9.44 25th percentile 7.63 7.91 7.19 7.85 7.57 7.76 7.76 7.76 Purpose of loan Feeder livestock 8.77 8.69 9.52 8.69 8.22 9.37 8.99 8.63 Other livestock 8.85 9.04 8.65 8.49 8.01 8.80 9.10 8.80 Other current operating expenses 7 8.24 8.58 8.73 8.89 9.48 9.34 9.04 8.35 Farm machinery and equipment 8.44 8.37 8.27 9.30 10.00 9.49 8.23 7.92 Farm real estate 6.88 8.11 8.48 8.34 9.43 7.91 5.79 7.71 Other 8 8.74 7.30 7.52 7.96 8.87 8.32 8.11 8.81 Share of total loan volume Features of loan Floating rates 71.89 22.99 59.31 78.64 84.47 97.44 9.22 67.73 Under commitment 77.78 57.43 85.51 88.29 93.68 96.67 40.35 21.59 Callable 23.18 33.16 43.34 20.15 22.72 2.24 n.a. 11.57 Subject to prepayment penalty 2.05 5.40 .43 3.52 1.76 .15 n.a. n.a. Purpose of loan Feeder livestock 6.58 30.83 4.50 3.88 6.05 1.10 n.a. 11.03 Other livestock 7.98 19.90 3.03 6.94 10.91 20.44 23.71 3.38 Other current operating expenses 7 39.84 36.19 44.30 36.50 33.90 50.09 20.72 53.36 Farm machinery and equipment 13.92 6.81 7.35 25.43 3.91 .14 7.58 12.22 Farm real estate 4.54 3.40 2.17 5.54 2.95 .46 39.27 4.61 Other 8 27.15 2.88 38.66 21.71 42.27 27.76 8.73 15.40 Type of collateral Farm real estate 15.97 11.74 36.36 9.93 11.46 20.93 39.27 11.71 Other 77.61 86.91 62.27 78.22 87.39 79.07 58.96 78.61 ___________________________________________________________________________________________________________________________________ For explanation of footnotes, see table A.8. n.a. Not available. 16