Aug 7, 2018
Farm Credit Services of America announced financial results for the second quarter of 2018
Net income for the second quarter increased 16 percent to $276,049 million compared to the same period last year. Loan volume in the second quarter increased $371.2 million, or 1.4 percent, from year-end to $27.0 billion. Members’ equity grew to nearly $5.4 billion from $5.1 billion at year-end.