A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, May 3-7, 2010 Percent except as noted ___________________________________________________________________________________________________________________________________ Loan characteristic All Minimal Low Moderate Acceptable Special Not rated Not reported ___________________________________________________________________________________________________________________________________ Volume of loans (thousands of dollars) 1,532,822 149,506 153,298 539,342 376,304 168,395 2,893 143,083 Number of loans 28,299 1,971 3,556 12,436 5,146 1,264 44 3,882 Weighted average maturity (months) 1 23.76 49.09 22.06 20.00 23.66 14.47 4.23 24.36 Weighted average repricing interval (months) 2 8.17 13.57 13.94 6.25 3.02 9.75 1.74 15.41 Weighted average risk rating 3 3.19 1.00 2.00 3.00 4.00 5.00 n.a. n.a. Weighted average interest rate 4 5.33 5.29 6.25 5.20 4.96 5.23 2.96 5.98 Standard error 5 .17 .44 .25 .19 .37 .52 .98 .21 Interquartile range 6 75th percentile 6.52 6.51 7.26 6.50 6.40 7.00 3.55 6.64 25th percentile 4.08 4.33 5.29 4.26 3.59 3.43 1.31 5.27 Purpose of loan Feeder livestock 5.33 6.05 5.51 5.28 4.99 4.49 5.36 5.15 Other livestock 7.56 7.19 5.53 5.17 3.72 n.a. 6.86 5.56 Other current operating expenses 7 5.74 6.06 5.58 5.12 4.46 3.55 6.16 6.12 Farm machinery and equipment 6.55 7.24 5.83 4.24 7.22 n.a. 6.87 6.26 Farm real estate 5.88 5.94 6.11 6.28 6.96 n.a. 5.28 4.51 Other 8 3.00 7.23 3.44 4.84 4.35 2.73 5.90 4.87 Share of total loan volume Features of loan Floating rates 71.12 66.46 44.58 73.77 86.84 73.30 50.10 50.98 Under commitment 72.58 69.63 60.68 76.68 86.22 83.99 58.83 23.91 Callable 22.20 7.21 21.77 37.50 10.38 20.73 n.a. 13.97 Subject to prepayment penalty 16.62 21.24 4.21 16.24 15.45 41.85 n.a. .22 Purpose of loan Feeder livestock 6.42 2.46 17.23 4.64 4.16 1.36 n.a. 17.68 Other livestock 5.43 3.23 1.81 4.13 6.84 13.94 n.a. 2.85 Other current operating expenses 7 46.93 46.97 56.35 59.61 31.75 28.59 28.39 50.88 Farm machinery and equipment 6.90 10.65 3.27 6.19 5.03 13.68 n.a. 6.65 Farm real estate 7.11 13.94 1.60 6.07 2.02 20.59 n.a. 7.50 Other 8 27.21 22.76 19.74 19.36 50.21 21.84 71.61 14.44 Type of collateral Farm real estate 14.71 17.99 11.83 10.73 10.90 23.63 10.96 29.00 Other 83.27 79.26 84.44 86.65 88.30 76.36 69.56 68.67 ___________________________________________________________________________________________________________________________________ For explanation of footnotes, see table A.8. n.a. Not available. 16