A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, February 2-6, 2009
Percent except as noted
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Loan characteristic                                All     Minimal    Low    Moderate  Acceptable  Special  Not rated  Not reported
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Volume of loans (thousands of dollars)          2,093,048  185,516  189,237   837,310     616,589   42,565      4,642       217,188
Number of loans                                    27,299    2,121    3,588    12,221       4,545      800         95         3,929
Weighted average maturity (months) 1                18.28    14.34    17.06     22.48       13.62    19.02      27.93         19.49
Weighted average repricing interval (months) 2       7.99     5.73     8.34      9.56        6.29     2.33       8.69          9.54
Weighted average risk rating 3                       3.08     1.00     2.00      3.00        4.00     5.00       n.a.          n.a.

Weighted average interest rate 4                     5.18     5.78     5.78      5.20        4.70     5.13       4.72          5.46
  Standard error 5                                    .21      .36      .11       .41         .35      .48       1.40           .33
  Interquartile range 6
    75th percentile                                  6.52     6.52     6.52      6.66        6.66     6.70       6.12          6.35
    25th percentile                                  4.04     5.00     5.06      4.30        3.24     3.30       2.53          4.84
  Purpose of loan
    Feeder livestock                                 5.83     5.82     5.08      6.97        4.34     4.86       6.53          4.65
    Other livestock                                  4.07     9.98     6.07      4.52        2.64     3.80       n.a.          7.57
    Other current operating expenses 7               5.51     5.76     5.88      5.58        5.16     5.19       n.a.          5.65
    Farm machinery and equipment                     5.49     5.89     5.64      5.18        5.46     7.08       n.a.          6.07
    Farm real estate                                 5.70     5.48     5.88      5.64        5.65     8.57       6.43          5.80
    Other 8                                          3.73     5.28     5.58      3.35        3.69     4.79       2.67          4.13

Share of total loan volume
  Features of loan
    Floating rates                                  60.36    50.68    51.21     59.13       67.56    87.76      73.88         55.22
    Under commitment                                71.92    58.90    61.05     76.79       82.06    80.32      44.57         43.91
    Callable                                        13.04    13.20    16.62     18.94        3.38    10.52       n.a.         15.22
    Subject to prepayment penalty                    1.60      .06      .91       .90        3.55     4.37       n.a.           .23
  Purpose of loan
    Feeder livestock                                 5.54    10.40     8.75      5.73        2.90     1.66      13.35          5.97
    Other livestock                                  5.04      .94     2.04      5.71        7.28      .19       n.a.          3.24
    Other current operating expenses 7              62.30    72.10    73.76     59.38       61.87    59.56       n.a.         58.33
    Farm machinery and equipment                     4.81     6.98     8.18      6.26         .80      .97       n.a.          6.63
    Farm real estate                                 6.49     3.17     3.32      6.13        7.55     2.04      40.85         10.58
    Other 8                                         15.82     6.40     3.96     16.78       19.59    35.58      45.80         15.25
  Type of collateral
    Farm real estate                                11.69     4.19    11.55     12.57        7.21    21.97      29.31         25.17
    Other                                           86.44    95.40    85.46     85.45       92.11    75.16      57.92         70.19
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   For explanation of footnotes, see table A.8.
   n.a. Not available.

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