A.11. Characteristics of Bank Loans to Farmers -- All Banks, by Risk Rating, November 6-10, 2006 Percent except as noted ___________________________________________________________________________________________________________________________________ Loan characteristic All Minimal Low Moderate Acceptable Special Not rated Not reported ___________________________________________________________________________________________________________________________________ Volume of loans (thousands of dollars) 1,375,464 95,436 234,678 526,370 340,823 38,640 20,719 118,799 Number of loans 23,683 2,175 3,966 9,263 4,157 717 518 2,887 Weighted average maturity (months) 1 20.81 13.55 20.06 19.71 19.30 14.46 62.83 33.40 Weighted average repricing interval (months) 2 8.75 6.00 14.61 6.81 5.46 4.48 25.88 16.10 Weighted average risk rating 3 2.99 1.00 2.00 3.00 4.00 5.00 n.a. n.a. Weighted average interest rate 4 8.37 8.46 8.72 8.05 8.44 8.86 9.36 8.51 Standard error 5 .27 .24 .10 .39 .25 .33 .32 .20 Interquartile range 6 75th percentile 9.05 9.16 9.19 8.87 9.00 9.31 9.74 9.14 25th percentile 7.71 7.35 8.06 7.19 7.57 8.04 8.84 7.84 Purpose of loan Feeder livestock 8.54 8.63 8.87 8.22 8.08 10.09 9.42 8.53 Other livestock 8.55 8.12 8.94 8.92 8.15 8.00 9.07 8.96 Other current operating expenses 7 8.62 8.40 8.88 8.53 8.45 9.20 9.23 8.89 Farm machinery and equipment 8.95 9.18 7.56 8.63 9.30 8.40 8.60 8.88 Farm real estate 8.34 7.90 8.17 8.47 8.39 8.61 9.15 7.94 Other 8 7.54 8.68 8.13 6.86 8.03 8.88 9.69 8.19 Share of total loan volume Features of loan Floating rates 70.54 39.62 50.96 73.42 93.74 83.21 55.95 53.21 Under commitment 78.34 74.13 70.86 82.37 87.83 92.75 48.77 51.85 Callable 19.24 39.33 22.73 16.85 12.16 2.87 7.90 34.45 Subject to prepayment penalty 3.21 .25 9.26 2.88 1.56 1.88 n.a. .80 Purpose of loan Feeder livestock 14.88 36.84 27.58 11.17 5.47 5.73 4.53 20.35 Other livestock 9.23 9.89 11.16 5.92 12.58 22.76 9.66 5.52 Other current operating expenses 7 36.90 45.31 41.81 37.88 31.80 37.34 24.76 32.65 Farm machinery and equipment 8.17 2.99 2.83 7.15 18.13 1.14 1.92 2.26 Farm real estate 9.32 4.11 10.80 9.80 7.54 1.57 22.44 13.75 Other 8 21.50 .86 5.82 28.07 24.47 31.45 36.70 25.47 Type of collateral Farm real estate 15.35 7.86 20.22 15.43 10.20 2.48 52.12 23.97 Other 80.25 85.84 75.95 78.95 86.57 97.26 47.10 72.18 ___________________________________________________________________________________________________________________________________ For explanation of footnotes, see table A.8. n.a. Not available. 16