Farm Credit Bank of Texas Reports Midyear 2023 Financial Results
August 03, 2023
August 03, 2023
AUSTIN, Texas, Aug. 3 (TNSres) -- Farm Credit Bank of Texas issued the following news release:
Farm Credit Bank of Texas (FCBT) reported solid loan growth and credit quality in the first six months of 2023.
Total loan volume was $29.0 billion at June 30, 2023, an increase of 2.8% since the end of 2022. Total assets increased 2.6% over the same period to $36.9 billion. Overall credit quality remained high, with 99.5% of loans classified as acceptable or special mention, . . .
Farm Credit Bank of Texas (FCBT) reported solid loan growth and credit quality in the first six months of 2023.
Total loan volume was $29.0 billion at June 30, 2023, an increase of 2.8% since the end of 2022. Total assets increased 2.6% over the same period to $36.9 billion. Overall credit quality remained high, with 99.5% of loans classified as acceptable or special mention, . . .