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Nov 5, 2018
Loan volume in the third quarter increased $1.2 billion, or 4.3 percent, from year-end to nearly $28 billion. Members’ equity grew to $5.5 billion from $5.1 billion at year-end. Capital levels for FCSAmerica are at 16.6 percent, well in excess of regulatory minimums.
Nov 7, 2017
Loan volume increased $729.7 million, or 2.9 percent to $25.9 billion from $25.2 billion at the end of 2016. Members’ equity increased to $5.1 billion from $4.7 billion at yearend.
Aug 15, 2017
Net income for the first two quarters rose nearly 10 percent to $237.6 million, primarily driven by lower provision for credit losses and increased income from loan growth and non-interest income, partially offset by increased operating expenses.
May 1, 2015
Net income was $113.5 million compared to $121.5 million for the same quarter in 2014. The decrease in net income was due primarily to an increase in the provision for credit losses and noninterest expense, partially offset by an increase in net interest income and noninterest income.
Aug 4, 2014
Farm Credit Services of America announced financial results for the first six months of calendar year 2014.
Nov 4, 2013
Net income for the first nine months of 2013 was $353.6 million compared to $343.0 million for the same period in 2012. Loan volume increased in the first nine months of 2013 to $19.182 billion and members’ equity increased to $3.576 billion.
Aug 5, 2013
Net income for the first six months of 2013 was $225.9 million compared to $233.9 million for the same period in 2012, reflecting a decrease of 3.4 percent. The decrease was primarily due to refunds of Farm Credit Insurance Fund premiums that were received in the second quarter of 2012. No refunds have been received in 2013.
Judith Nygren, Corporate Communications & Public Relations Specialist Phone: 402-348-3346