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Farm Credit East reported solid 2022 financial results at its annual meeting held earlier this week. Continued growth in loans coupled with strong earnings allowed Farm Credit East to distribute a record $117 million in patronage dividends to eligible customer-owners based on 2022 earnings. 

The Farm Credit System today reported that combined net income increased 6.9% to $1.9 billion and 4.8% to $5.4 billion for the three and nine months ended September 30, 2022, as compared with net income of $1.8 billion and $5.2 billion for the same periods of the prior year.

The Farm Credit System today reported that combined net income increased 3.5% to $1.8 billion and 3.7% to $3.6 billion for the three and six months ended June 30, 2022, as compared with net income of $1.7 billion and $3.4 billion for the same periods of the prior year.

The Farm Credit System today reported that combined net income increased 3.8% to $1.8 billion for the first quarter of 2022, as compared with $1.7 billion for the same period of the prior year.