Horizon Farm Credit Announces Annual Results for 2025
Mechanicsburg, PA — Horizon Farm Credit, a member-owned cooperative and part of the national Farm Credit System, recently reported strong financial results in its 2025 annual report.
The Association’s accruing loan volume grew to over $7.7 billion, an increase of approximately 6.9% compared to over $7.2 billion at the end of 2024. Net interest income for 2025 was $206.8 million, an increase of 5.8% compared to $195.4 million for 2024. Net income decreased to $121.6 million, a 7.7% decrease compared to $131.8 million in 2024. The unfavorable impact of 2025 net income is principally related to an increased provision for credit losses and increased expenses related to technological investments and servicing. Credit quality continues to remain strong with acceptable credit quality at 94.6% for the end of 2025.
“Our results this year reflect the strength, resilience, and perseverance of the farmers and rural communities we serve,” said Tom Truitt, Chief Executive Officer of Horizon Farm Credit. “Keeping our mission top of mind, we’re proud to continue building a strong and dependable foundation for agriculture to rely on, especially in challenging economic conditions.”
Members’ equity as of December 31, 2025, totaled $1.32 billion, an increase of 4.8%, compared to $1.26 billion in 2024. This strong equity position allows the Association to finance members’ growth even during industry challenges. In 2026, Horizon Farm Credit will be distributing $62.1 million of its 2025 earnings in cash patronage directly to its member-borrowers.
“As a cooperative, reinvesting in our members through patronage is how we share success and support the people and communities who work to carry agriculture forward for generations to come,” said Truitt. “Serving the people behind agriculture is a responsibility we’re proud to carry, and returning profits back to our members is one of the many ways we ensure the vibrancy of agriculture.”
For more information about the 2025 financial results and to view the Association’s 2025 Annual Report, visit horizonfc.com/about/financials.