As of Tuesday, August 16, 2016
SUNNYSIDE Northwest Farm Credit Services, which has a local branch, announced 2016 second quarter earnings of $57.9 million.
That a 3.3 percent increase compared to $56.1 million for the second quarter of 2015.
Earnings for six months ending June 30, 2016, were $116.3 million, compared to $119.2 million for the same period of the prior year.
Total capital increased 3.3 percent during the year to $2.1 billion.
“So far in 2016, most of our customer-members are seeing good growing conditions and positive returns, as evidenced by the continued strong performance and growth of our loan portfolio,” Chief Executive Officer Phil DiPofi said.