Financial Results
The table below presents selected data from audited annual and unaudited combined financial statements of the Farm Credit System. Copies of complete statements (both current and historical) can be accessed here by visiting the Federal Farm Credit Banks Funding Corporation site:
| Farm Credit System Selected Combined Financial Information | |||||||
|---|---|---|---|---|---|---|---|
| ($ millions) |
12/31/09 |
12/31/08 |
12/31/07 |
12/31/06 |
12/31/05 |
12/31/04 |
|
| Gross loans |
$164,830 |
$161,423 |
$142,906 |
$123,436 |
$106,272 |
$96,367 |
|
| Cash, Federal funds and investments |
42,221 |
43,807 |
36,460 |
33,117 |
28,427 |
24,164 |
|
| Farm Credit Insurance Fund assets |
3,289 |
2,915 |
2,599 |
2,312 |
2,062 |
2,164 |
|
| Total assets |
215,457 |
214,353 |
186,451 |
162,864 |
139,886 |
124,850 |
|
| Systemwide debt securities |
177,296 |
178,365 |
154,443 |
133,630 |
112,719 |
99,107 |
|
| Total capital |
29,959 |
27,124 |
26,419 |
24,430 |
22,774 |
21,389 |
|
| For Period Ended | 12/31/09 | 12/31/08 | 12/31/07 | 12/31/06 | 12/31/05 | 12/31/04 | |
| Net interest income |
$5,392 |
$4,702 |
$4,060 |
$3,584 |
$3,246 |
$2,994 |
|
| (Provision for loan losses) loan loss reversal |
(925) |
(408) |
(81) |
(35) |
1 |
1,208 |
|
| Net income |
2,850 |
2,916 |
2,703 |
2,379 |
2,096 |
2,993 |
|
| Capital as percentage of assets |
13.9% |
12.7% |
14.2% |
15.0% |
16.3% |
17.1% |
|
