2014 Annual Report

Page 36

Consolidated Balance Sheets

December 31, 2013

2014

(dollars in thousands)

Assets Cash

$

Loans Allowance for loan losses Net loans Loans held for sale Accrued interest receivable Investments in other Farm Credit institutions Premises and equipment, net Other property owned Accounts receivable Other assets Total assets Liabilities Notes payable to AgFirst Farm Credit Bank Accrued interest payable Patronage refunds payable Accounts payable Other liabilities

2,615

$

2,540

2012

$

5,984

2,276,982 (24,954)

2,197,662 (23,730)

2,144,241 (17,853)

2,252,028

2,173,932

2,126,388

373 11,917 25,079 12,220 844 35,123 7,609

68 11,769 24,840 12,399 841 37,339 8,439

465 11,772 26,367 12,652 3,009 18,255 8,432

$

2,347,808

$

2,272,167

$

2,213,324

$

1,760,410 3,442 24,967 3,386 37,576

$

1,724,627 3,428 13,079 5,208 36,536

$

1,714,965 3,427 10,642 4,193 29,216

Total liabilities

1,829,781

1,782,878

1,762,443

9,743

9,656

9,498

Commitments and contingencies Members' Equity Capital stock and participation certificates Retained earnings Allocated Unallocated Accumulated other comprehensive income (loss) Total members' equity Total liabilities and members' equity

$

292,021 216,797 (534)

271,212 208,798 (377)

239,421 202,563 (601)

518,027

489,289

450,881

2,347,808

$

2,272,167

The accompanying notes are an integral part of these consolidated financial statements.

34 MidAtlantic Farm Credit, ACA

$

2,213,324


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