A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, November 2-6, 2009 Percent except as noted ___________________________________________________________________________________________________________________________________ Loan characteristic All Minimal Low Moderate Acceptable Special Not rated Not reported ___________________________________________________________________________________________________________________________________ Volume of loans (thousands of dollars) 1,528,063 110,090 150,791 481,854 407,947 119,024 21,388 236,969 Number of loans 25,414 1,554 3,891 10,323 4,817 1,037 192 3,600 Weighted average maturity (months) 1 15.33 12.91 20.37 15.69 16.84 9.60 11.63 12.94 Weighted average repricing interval (months) 2 5.24 4.43 16.70 5.87 2.54 1.14 10.37 3.27 Weighted average risk rating 3 3.22 1.00 2.00 3.00 4.00 5.00 n.a. n.a. Weighted average interest rate 4 4.63 3.82 5.97 4.48 4.03 4.24 5.52 5.61 Standard error 5 .24 .54 .22 .43 .58 .67 .83 .36 Interquartile range 6 75th percentile 6.11 5.33 6.97 5.60 5.10 4.59 5.64 6.25 25th percentile 3.29 1.40 5.35 3.29 3.04 3.30 5.64 4.60 Purpose of loan Feeder livestock 4.54 2.04 5.77 5.69 5.11 4.37 5.85 4.64 Other livestock 4.68 7.15 6.47 5.40 3.95 3.81 6.75 7.59 Other current operating expenses 7 5.06 5.30 6.06 4.84 4.16 4.79 6.96 6.03 Farm machinery and equipment 4.43 6.62 7.23 3.96 4.54 9.94 7.12 6.21 Farm real estate 6.02 4.28 5.89 6.24 6.45 n.a. 5.64 6.42 Other 8 3.41 5.92 4.03 3.00 3.50 3.76 3.30 3.38 Share of total loan volume Features of loan Floating rates 79.43 77.31 34.80 81.52 92.87 88.11 13.59 82.98 Under commitment 77.84 57.71 53.11 87.42 92.53 98.58 13.68 53.56 Callable 15.95 11.40 16.43 18.42 9.05 4.08 84.32 24.43 Subject to prepayment penalty 26.56 42.87 8.27 23.11 45.02 43.05 n.a. n.a. Purpose of loan Feeder livestock 14.45 49.48 31.87 11.95 3.16 6.97 7.92 15.95 Other livestock 5.99 4.34 5.49 1.88 11.21 15.20 .62 2.33 Other current operating expenses 7 45.55 38.43 38.78 43.12 44.21 41.44 1.47 66.50 Farm machinery and equipment 8.19 3.83 3.90 19.47 2.86 .05 .47 3.96 Farm real estate 5.55 1.08 18.13 4.28 3.44 n.a. 82.32 1.71 Other 8 20.26 2.85 1.83 19.30 35.12 36.34 7.20 9.55 Type of collateral Farm real estate 13.00 1.49 30.07 12.05 8.39 7.50 89.52 13.19 Other 83.98 97.30 65.65 85.97 86.12 92.44 10.38 84.12 ___________________________________________________________________________________________________________________________________ For explanation of footnotes, see table A.8. n.a. Not available. 16