Horizon Farm Credit Announces 2026 First Quarter Financial Results
Horizon Farm Credit has announced its 2026 first quarter financial results. Net accruing loan volume for the first three months of 2026 was $7.9 billion, an increase of 7.9% compared to the same 2025 period. Net interest income for the first quarter of 2026 was $54.3 million, a 7.4% increase from the same time period in 2025.
Net income for the quarter was $35.5 million, a 17.6% increase compared to the first quarter of 2025. The favorable impact of the 2026 first quarter results is principally related to loan volume growth across the entire portfolio.
“Strong first-quarter results like these are driven by the determination and resilience of our memberborrowers,” said Tom Truitt, Horizon Farm Credit Chief Executive Officer. “As a member-owned cooperative, their success shapes our purpose and reinforces our mission to support agriculture by providing dependable and long-term access to capital.”
Members’ equity at March 31, 2026, totaled $1.4 billion, up 2.4% from December 31, 2025. The increase in members' equity was primarily driven by current year's net income.
Total Regulatory Capital Ratio was 14.33% as compared with the 10.5% minimum mandated by the Farm Credit Administration, the Association’s independent regulator. The Association recorded patronage distribution of $62.1 million to its member-borrowers in the first quarter of 2026. The member-borrowers received their patronage distribution in April 2026.
For more information about the financial results and Horizon Farm Credit, visit horizonfc.com.