A.7. Distribution of Dollar Amount of Non-real-estate Farm Loans, by Effective Interest Rate Percent ____________________________________________________________________________________________________________________________________________ Effective interest rate (percent) _______________________________________________________________________________________________________________________________ Zero 5.0 6.0 7.0 8.0 9.0 10.0 11.0 12.0 13.0 14.0 15.0 16.0 17.0 18.0 19.0 20.0 All to to to to to to to to to to to to to to to to to Quarter rates 5.0 5.9 6.9 7.9 8.9 9.9 10.9 11.9 12.9 13.9 14.9 15.9 16.9 17.9 18.9 19.9 20.9 ____________________________________________________________________________________________________________________________________________ 1998: Q2... | 100 * .01 3.00 14.00 31.00 30.00 14.00 7.00 1.00 .01 .01 .01 * * * .01 * 1999: Q2... | 100 .01 4.00 4.00 12.00 37.00 30.00 11.00 2.00 .01 .01 * .01 * * * * * 2000: Q2... | 100 .01 .01 .01 4.00 19.00 36.00 27.00 11.00 2.00 .01 .01 .01 * * * * * 2001: Q2... | 100 .01 3.00 8.00 29.00 31.00 22.00 5.00 2.00 .39 .07 .03 .01 * * * * * 2002: Q2... | 100 23.24 22.45 17.77 22.77 10.15 2.75 .77 .00 .00 .00 .00 .00 .00 .00 .00 .00 * 2003: Q2... | 100 27.25 23.90 21.19 18.64 6.55 1.77 .51 .08 .08 * .03 * * * * * * 2004: Q2... | 100 42.54 25.54 17.44 10.50 3.02 .61 .25 .02 .05 * .02 * * * * * * 2005: Q2... | 100 6.46 19.30 39.57 24.01 8.33 1.98 .19 .13 .02 * * .00 * * * * * 2006: Q2... | 100 * 1.04 14.21 34.09 30.67 15.91 3.24 .56 * * * * * * * * * 2007: Q2... | 100 * 1.43 5.99 17.56 39.08 27.15 7.64 1.10 * * * * * * * * * 2008: Q2... | 100 25.50 26.97 29.46 12.17 4.47 .87 .56 * * * * * * * * * * 2009: Q2... | 100 47.26 23.81 20.08 5.22 2.50 .67 * * * * * * * * * * * 2006: Q4... | 100 * 3.32 10.48 17.65 39.46 21.03 7.27 .65 * * * * * * * * * 2007: Q1... | 100 * * 7.64 19.40 38.92 28.70 3.97 1.02 * * * * * * * * * Q2... | 100 * 1.43 5.99 17.56 39.08 27.15 7.64 1.10 * * * * * * * * * Q3... | 100 * .71 5.44 30.65 35.13 19.80 6.25 1.48 * * * * * * * * * Q4... | 100 * 7.53 22.95 27.42 25.90 14.22 1.65 * * * * * * * * * * 2008: Q1... | 100 9.82 19.42 36.70 20.50 9.19 4.03 * * * * * * * * * * * Q2... | 100 25.50 26.97 29.46 12.17 4.47 .87 .56 * * * * * * * * * * Q3... | 100 42.96 22.94 21.11 8.58 2.62 1.52 * * * * * * * * * * * Q4... | 100 52.53 18.20 16.11 8.68 3.71 .65 * * * * * * * * * * * 2009: Q1... | 100 39.51 21.84 28.68 5.44 3.88 * * * * * * * * * * * * Q2... | 100 47.26 23.81 20.08 5.22 2.50 .67 * * * * * * * * * * * Q3... | 100 47.01 22.06 20.03 8.04 1.70 .56 .58 * * * * * * * * * * Q4... | 100 52.92 18.49 20.52 6.08 1.47 * * * * * * * * * * * * 2010: Q1... | 100 37.01 30.51 19.83 9.88 2.15 * * * * * * * * * * * * Q2... | 100 37.08 20.21 29.21 11.28 1.58 * * * * * * * * * * * * ____________________________________________________________________________________________________________________________________________ Note. Non-real-estate farm loans of $1,000 or more made by insured commercial banks. Effective (compounded) annual interest rates are calculated from the stated rate and other terms of the loans and weighted by loan size. Percentages may not sum to 100 because of rounding. * Indicates value of zero. Source. Federal Reserve Survey of the Terms of Bank Lending to Farmers, conducted during the first full business week of the second month of each quarter. 11