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A.10.

Characteristics of Bank Loans to Farmers -- Small and Mid-sized Farm Lenders, by Size of Loan, May 1-5, 2006
Percent except as noted
$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

Volume of loans (thousands of dollars) 462,529 28,904 57,507 50,554 43,237 101,306 181,020
Number of loans 12,642 5,414 3,911 1,578 680 687 373
Weighted average maturity (months)1 33.20 12.36 14.25 15.33 26.94 41.81 44.73
Weighted average repricing interval (months)2 15.20 6.80 9.12 8.80 13.33 22.75 16.46
Weighted average risk rating3 2.54 2.40 2.31 2.39 2.31 2.51 2.73
Weighted average interest rate4 8.47 8.49 8.79 8.56 8.77 8.46 8.27
Standard error5 .16 .21 .13 .22 .39 .21 .16
Interquartile range6
75th percentile 9.00 9.14 9.31 9.10 9.15 9.00 8.80
25th percentile 7.98 8.04 8.15 8.22 7.75 7.76 7.98
Purpose of loan
Feeder livestock 7.91 8.97 8.74 8.26 8.60 8.81 7.44
Other livestock 8.98 9.03 8.84 9.30 7.76 9.08 n.a.
Other current operating expenses7 8.55 8.35 8.76 8.65 8.39 8.80 8.43
Farm machinery and equipment 8.80 8.47 8.73 8.62 9.76 9.17 8.57
Farm real estate 8.01 9.11 9.37 7.97 10.59 7.63 7.77
Other8 8.49 9.30 8.30 6.91 n.a. 8.75 8.49
Share of total loan volume
Features of loan
Floating rates 36.32 49.82 41.84 45.34 47.53 26.38 32.79
Under commitment 58.06 68.88 43.63 51.12 53.03 44.64 71.57
Callable 32.19 19.59 12.78 23.93 4.79 18.86 56.69
Purpose of loan
Feeder livestock 7.65 6.32 5.69 10.61 5.09 1.72 11.58
Other livestock 6.18 10.05 15.76 10.49 3.34 9.76 n.a.
Other current operating expenses7 57.66 72.77 62.20 56.56 70.50 42.51 59.52
Farm machinery and equipment 7.81 8.50 9.64 10.58 9.22 4.34 7.94
Farm real estate 13.51 .24 4.69 8.32 11.84 32.27 9.78
Other8 7.19 2.12 2.03 3.43 n.a. 9.40 11.18
Type of collateral
Farm real estate 26.74 6.83 4.83 5.69 12.77 38.86 39.31
Other 72.27 90.30 91.18 93.53 84.82 61.14 60.69
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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