A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, August 3-7, 2009 Percent except as noted ___________________________________________________________________________________________________________________________________ Loan characteristic All Minimal Low Moderate Acceptable Special Not rated Not reported ___________________________________________________________________________________________________________________________________ Volume of loans (thousands of dollars) 1,261,464 75,221 135,527 449,624 370,955 88,423 3,439 138,274 Number of loans 26,591 1,673 3,602 11,021 5,056 1,062 212 3,964 Weighted average maturity (months) 1 18.68 53.63 20.23 15.07 18.64 6.22 102.01 15.68 Weighted average repricing interval (months) 2 7.24 24.16 9.09 5.08 6.99 .23 101.61 6.06 Weighted average risk rating 3 3.23 1.00 2.00 3.00 4.00 5.00 n.a. n.a. Weighted average interest rate 4 4.87 6.41 5.59 4.91 4.16 4.05 7.17 5.54 Standard error 5 .20 .30 .33 .44 .35 .74 .76 .23 Interquartile range 6 75th percentile 6.18 7.11 6.27 6.45 5.09 4.88 7.18 6.50 25th percentile 3.33 5.39 5.06 3.25 2.66 2.91 6.68 4.58 Purpose of loan Feeder livestock 5.11 5.38 6.07 5.06 4.09 2.94 5.09 3.87 Other livestock 6.91 4.51 5.52 3.22 3.78 5.78 6.65 5.19 Other current operating expenses 7 5.97 5.45 5.47 4.53 4.33 6.30 5.77 5.83 Farm machinery and equipment 6.63 6.40 5.95 5.35 3.15 8.29 5.66 5.75 Farm real estate 6.52 5.48 5.35 5.17 n.a. 7.18 6.13 3.89 Other 8 7.53 5.78 3.43 3.58 4.46 7.26 4.44 4.79 Share of total loan volume Features of loan Floating rates 73.96 29.80 58.97 75.65 86.41 95.88 5.40 61.49 Under commitment 76.97 45.99 68.19 84.47 86.34 97.62 4.26 41.50 Callable 16.59 20.73 15.79 29.71 7.06 .97 2.85 8.34 Subject to prepayment penalty 19.83 .14 4.26 17.22 32.07 52.71 n.a. .92 Purpose of loan Feeder livestock 8.35 13.36 21.62 3.91 1.52 12.46 n.a. 23.00 Other livestock 8.38 6.20 4.59 1.76 16.65 23.87 7.54 2.71 Other current operating expenses 7 52.96 32.62 60.52 56.83 52.96 37.13 10.23 55.21 Farm machinery and equipment 5.00 10.66 3.80 4.61 5.39 .95 15.31 5.66 Farm real estate 4.94 18.87 5.53 5.38 2.02 n.a. 44.85 5.35 Other 8 20.37 18.30 3.95 27.51 21.47 25.58 22.07 8.08 Type of collateral Farm real estate 15.12 24.92 20.00 17.12 11.70 3.69 61.74 13.84 Other 82.90 74.04 75.54 80.58 86.84 96.00 36.55 84.69 ___________________________________________________________________________________________________________________________________ For explanation of footnotes, see table A.8. n.a. Not available. 16