Member-Borrowers Drive Growth as Horizon Farm Credit Loan Volume Tops $8.3 Billion

Mechanicsburg, PA — Horizon Farm Credit has announced its 2026 third quarter financial results. Net accruing loan volume for the first nine months of 2026 was $8.3 billion, an increase of 7.1% compared to December 31, 2025. Net interest income for the third quarter of 2026 was $54.6 million, a 4.2% increase from the same time period in 2025.

Net income for the nine months ended September 30, 2026 was $97.7 million, an increase of $8.0 million for the same period ended in 2025. The favorable impact for the year is principally related to loan volume growth across the entire portfolio. For the third quarter, net income was $28.3 million, as the Association navigated shifting service costs, fluctuating credit quality, and loans being held for sale.

"Behind every loan is a customer making important decisions about the future of their operation, business, family, or community," said Tom Truitt, Horizon Farm Credit Chief Executive Officer. "Our third quarter results reflect the trust our members place in us to help finance those decisions. We're grateful for that trust and remain focused on delivering the financial strength, expertise, and service they depend on."

Members’ equity at September 30, 2026, totaled $1.4 billion, up 7.2% from December 31, 2025. The increase in members' equity was primarily driven by current year's net income.

Total Regulatory Capital Ratio was 14.1%, as compared to the 10.5% minimum mandated by the Farm Credit Administration, the Association’s independent regulator. The Association recorded a 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/financials.