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2025
Farm Credit Bank of Texas Names Brandon Blaut as Chief Executive Officer
AUSTIN, Texas – Dec. 12, 2025 – Farm Credit Bank of Texas (FCBT) today announced the appointment of Brandon Blaut as chief executive officer (CEO), effective January 1, 2026. Blaut’s selection by the FCBT Board of Directors follows the previously announced retirement...
Farm Credit Bank of Texas Announces Board Election Results
AUSTIN, Texas – Dec. 11, 2025 – Farm Credit Bank of Texas (FCBT) today announced the results of its recent Board of Directors’ election. Texas Farm Credit District stockholders have reelected Dennis Anthony of Friona, Texas, and Linda Floerke of Lampasas County,...
Farm Credit Bank of Texas Reports Third Quarter 2025 Financial Results
AUSTIN, Texas – October 31, 2025 – Farm Credit Bank of Texas (FCBT) today reported financial results for its third quarter and first nine months of 2025. Net income was $39.7 million and $139.7 million for the three months and nine months ended September 30, 2025;...
Farm Credit Bank of Texas Announces CEO Retirement
AUSTIN, Texas – September 15, 2025 – Farm Credit Bank of Texas (“FCBT”, “bank”), a cooperatively owned wholesale bank for agricultural and rural financing, announced today that chief executive officer, Amie Pala, has decided to retire after 38 years of dedicated...
Farm Credit Bank of Texas Selects Ameez Nanjee as Chief Financial Officer
AUSTIN, Texas – August 12, 2025 – Farm Credit Bank of Texas (“FCBT”, “bank”), a cooperatively owned wholesale bank for agricultural and rural financing, announced today the appointment of seasoned financial leader Ameez Nanjee as executive vice president, chief...
Farm Credit Bank of Texas Reports Second Quarter 2025 Financial Results
AUSTIN, Texas – August 1, 2025 – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth, and sustained credit quality in the second quarter and first half of 2025. Net income was $48.5 million and $100.0 million for the three months and six months ended...
Farm Credit Bank of Texas & Partners Unite to Support Texas Hill Country Flood Relief
FOR IMMEDIATE RELEASE AUSTIN, Texas - July 9, 2025 — In the wake of the devastating floods that struck the Texas Hill Country over Independence Day weekend, the Texas Farm Credit District, in partnership with CoBank, AgFirst, AgWest, AgSouth, First South, the Federal...
Farm Credit Bank of Texas Reports First Quarter 2025 Financial Results
FOR IMMEDIATE RELEASE AUSTIN, Texas – May 2, 2025 – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth, and maintained strong credit quality in the first quarter of 2025. Net income was $51.6 million for the three months ended March 31, 2025; a 5.3%...
2025 Election of FCBT Directors – Region 1 (Positions 1 and 2) and Region 3 (Position 2)
Names of potential nominees for the three board positions from Regions 1 and 3 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any director or stockholder of an association holding voting stock in the Bank or by any...
Farm Credit Bank of Texas Reports 2024 Year-end Financial Results
FOR IMMEDIATE RELEASE AUSTIN, Texas – February 25, 2025 – Farm Credit Bank of Texas (FCBT) reported solid earnings and loan growth, while sustaining strong credit quality in 2024. Total loan volume increased 7.0% in 2024 to $31.8 billion at Dec. 31, primarily...
Farm Credit Bank of Texas announces results of board election
FOR IMMEDIATE RELEASE December 10, 2024 AUSTIN, Texas — Texas Farm Credit District stockholders have re-elected John L. "Jack" Dailey of Extension, Louisiana, to the Farm Credit Bank of Texas board of directors. Additionally, the board has reappointed Dorothy Nichols...
Farm Credit Bank of Texas reports third quarter 2024 financial results
For immediate release November 1, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the third quarter and first nine months of 2024. Net income totaled $52.7 million and $151.4 million for...
The Texas Farm Credit District joins AgFirst, CoBank, and Farmer Mac in Hurricane Helene relief aid
FOR IMMEDIATE RELEASE October 7, 2024 AUSTIN, TX (October 7, 2024) – The Texas Farm Credit District, in partnership with AgFirst, CoBank, and Farmer Mac, have committed over $315,000 in relief aid to support those impacted by Hurricane Helene. Farm Credit Bank of...
Farm Credit Bank of Texas reports midyear 2024 financial results
FOR IMMEDIATE RELEASE August 2, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the second quarter and first half of 2024. Net income totaled $49.8 million and $98.7 million for the...
Farm Credit Bank of Texas reports first-quarter 2024 financial results
FOR IMMEDIATE RELEASE May 3, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings and loan growth and continued strong credit quality in the first quarter of 2024. Net income was $48.9 million for the three months ended March 31, 2024, a 42.4%...
Farm Credit organizations donate $380,000 to Texas Panhandle wildfire relief efforts
FOR IMMEDIATE RELEASE March 13, 2024 AUSTIN, Texas — In response to recent devastating wildfire outbreaks impacting much of the Texas Panhandle and parts of Oklahoma, several Farm Credit System organizations have joined forces to contribute funds to support extensive...
Farm Credit Bank of Texas reports 2023 year-end financial results
FOR IMMEDIATE RELEASE February 27, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported earnings, solid loan growth and strong credit quality in 2023. Total loan volume increased 5.2% in 2023 to $29.7 billion at Dec. 31, primarily reflecting growth in direct...
2024
Farm Credit Bank of Texas announces results of board election
FOR IMMEDIATE RELEASE December 10, 2024 AUSTIN, Texas — Texas Farm Credit District stockholders have re-elected John L. "Jack" Dailey of Extension, Louisiana, to the Farm Credit Bank of Texas board of directors. Additionally, the board has reappointed Dorothy Nichols...
Farm Credit Bank of Texas reports third quarter 2024 financial results
For immediate release November 1, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the third quarter and first nine months of 2024. Net income totaled $52.7 million and $151.4 million for...
The Texas Farm Credit District joins AgFirst, CoBank, and Farmer Mac in Hurricane Helene relief aid
FOR IMMEDIATE RELEASE October 7, 2024 AUSTIN, TX (October 7, 2024) – The Texas Farm Credit District, in partnership with AgFirst, CoBank, and Farmer Mac, have committed over $315,000 in relief aid to support those impacted by Hurricane Helene. Farm Credit Bank of...
Farm Credit Bank of Texas reports midyear 2024 financial results
FOR IMMEDIATE RELEASE August 2, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the second quarter and first half of 2024. Net income totaled $49.8 million and $98.7 million for the...
Farm Credit Bank of Texas reports first-quarter 2024 financial results
FOR IMMEDIATE RELEASE May 3, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings and loan growth and continued strong credit quality in the first quarter of 2024. Net income was $48.9 million for the three months ended March 31, 2024, a 42.4%...
Farm Credit organizations donate $380,000 to Texas Panhandle wildfire relief efforts
FOR IMMEDIATE RELEASE March 13, 2024 AUSTIN, Texas — In response to recent devastating wildfire outbreaks impacting much of the Texas Panhandle and parts of Oklahoma, several Farm Credit System organizations have joined forces to contribute funds to support extensive...
Farm Credit Bank of Texas reports 2023 year-end financial results
FOR IMMEDIATE RELEASE February 27, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported earnings, solid loan growth and strong credit quality in 2023. Total loan volume increased 5.2% in 2023 to $29.7 billion at Dec. 31, primarily reflecting growth in direct...
Farm Credit Bank of Texas announces results of board election
FOR IMMEDIATE RELEASE December 10, 2024 AUSTIN, Texas — Texas Farm Credit District stockholders have re-elected John L. "Jack" Dailey of Extension, Louisiana, to the Farm Credit Bank of Texas board of directors. Additionally, the board has reappointed Dorothy Nichols...
Farm Credit Bank of Texas reports third quarter 2024 financial results
For immediate release November 1, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the third quarter and first nine months of 2024. Net income totaled $52.7 million and $151.4 million for...
The Texas Farm Credit District joins AgFirst, CoBank, and Farmer Mac in Hurricane Helene relief aid
FOR IMMEDIATE RELEASE October 7, 2024 AUSTIN, TX (October 7, 2024) – The Texas Farm Credit District, in partnership with AgFirst, CoBank, and Farmer Mac, have committed over $315,000 in relief aid to support those impacted by Hurricane Helene. Farm Credit Bank of...
Farm Credit Bank of Texas reports midyear 2024 financial results
FOR IMMEDIATE RELEASE August 2, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and continued strong credit quality in the second quarter and first half of 2024. Net income totaled $49.8 million and $98.7 million for the...
Farm Credit Bank of Texas reports first-quarter 2024 financial results
FOR IMMEDIATE RELEASE May 3, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings and loan growth and continued strong credit quality in the first quarter of 2024. Net income was $48.9 million for the three months ended March 31, 2024, a 42.4%...
Farm Credit organizations donate $380,000 to Texas Panhandle wildfire relief efforts
FOR IMMEDIATE RELEASE March 13, 2024 AUSTIN, Texas — In response to recent devastating wildfire outbreaks impacting much of the Texas Panhandle and parts of Oklahoma, several Farm Credit System organizations have joined forces to contribute funds to support extensive...
Farm Credit Bank of Texas reports 2023 year-end financial results
FOR IMMEDIATE RELEASE February 27, 2024 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported earnings, solid loan growth and strong credit quality in 2023. Total loan volume increased 5.2% in 2023 to $29.7 billion at Dec. 31, primarily reflecting growth in direct...
2023
Boleman, Dodson and Guthrie to begin new terms on Farm Credit Bank of Texas board
AUSTIN, Texas — Texas Farm Credit District stockholders recently reelected Dr. Larry Boleman of College Station, Texas, and James F. “Jimmy” Dodson of Robstown, Texas, to the Farm Credit Bank of Texas (FCBT) board of directors. Both will serve three-year terms...
Farm Credit Bank of Texas reports third-quarter 2023 financial results
FOR IMMEDIATE RELEASE November 2, 2023 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported loan growth and strong credit quality in the first nine months of 2023. Total loan volume was $29.3 billion at Sept. 30, 2023, an increase of 3.6% since the end of 2022....
O’Keane named financial chief at Farm Credit Bank of Texas; Blaut named chief operating officer
FOR IMMEDIATE RELEASE October 23, 2023 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank for rural financing, today announced the appointment of veteran Farm Credit financial leader Brian O’Keane as chief financial officer. ...
Farm Credit Bank of Texas reports midyear 2023 financial results
FOR IMMEDIATE RELEASE August 2, 2023 AUSTIN, Texas – 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...
Bank names Aaron Wiechman chief lending officer
FOR IMMEDIATE RELEASE May 8, 2023 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) recently promoted Aaron Wiechman to senior vice president and chief lending officer, a new position at the bank. Aaron Wiechman Wiechman manages the bank’s lending functions and leads...
Farm Credit Bank of Texas reports first-quarter 2023 financial results
FOR IMMEDIATE RELEASE May 3, 2023 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid loan growth and continued strong credit quality in the first quarter of 2023. Total loan volume rose 3.5% to $29.3 billion at March 31, 2023, reflecting steady growth....
Farm Credit Bank of Texas reports year-end financial results
FOR IMMEDIATE RELEASE February 22, 2023 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and credit quality in 2022. Net income for the year ending Dec. 31, 2022, totaled $269.9 million, an increase of 6.0% year over year. Net...
Farm Credit Bank of Texas names Thomas Ringler executive vice president, enterprise risk
FOR IMMEDIATE RELEASE January 26, 2023 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) today announced the promotion of Thomas Ringler to executive vice president, enterprise risk. Previously, Ringler was vice president of FarmView relationship management...
2022
Farm Credit Bank of Texas announces board election results: Dennis Anthony and Linda Floerke
FOR IMMEDIATE RELEASE December 12, 2022 AUSTIN, Texas – Farm Credit Bank of Texas stockholders recently elected Dennis Anthony of Friona, Texas, and reelected Linda Floerke of Lampasas County, Texas, to the Farm Credit Bank of Texas board of directors. Both will serve...
Farm Credit Bank of Texas reports third-quarter financial results
FOR IMMEDIATE RELEASE November 3, 2022 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and credit quality in the third quarter of 2022. Net income for the nine months ending Sept. 30, 2022, totaled $197.1 million, an increase of...
Farm Credit Bank of Texas reports second-quarter financial results
FOR IMMEDIATE RELEASE August 2, 2022 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, loan growth and credit quality in the second quarter of 2022. Net income for the six months ending June 30, 2022, totaled $130.8 million, an increase of 1.9%...
Texas 4-H members awarded college scholarships from Farm Credit
FOR IMMEDIATE RELEASE June 29, 2022 BRYAN, Texas – Four Texas 4-H members will head off to college this fall with $3,000 scholarships from Farm Credit. The scholarships were awarded June 7 at the annual Texas 4-H Roundup in Bryan. Receiving baccalaureate scholarships...
2022 Election of FCBT Directors – Region 1
Names of potential nominees for the two board positions from Region 1 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any director or stockholder of an association holding voting stock in the Bank or by any Bank...
Farm Credit Bank of Texas reports first quarter 2022 financial results
FOR IMMEDIATE RELEASE May 3, 2022 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported strong loan growth, earnings and credit quality in the first quarter of 2022. First quarter net income was $67.6 million, a 2.4% increase compared with the same period of 2021....
Farm Credit Bank of Texas distributes 93% of record 2021 earnings
FOR IMMEDIATE RELEASE February 23, 2022 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned funding bank, reported a record $254.6 million in net income in 2021. It distributed 93% of its earnings in the form of patronage payments and other...
2021
Farm Credit Bank of Texas announces board election results: John L. “Jack” Dailey
FOR IMMEDIATE RELEASE December 8, 2021 AUSTIN, Texas — Texas Farm Credit District stockholders have reelected John L. “Jack” Dailey to the Farm Credit Bank of Texas board of directors representing Region 3. He will serve a second three-year term, beginning Jan. 1,...
Farm Credit Bank of Texas Reports Third Quarter 2021 Financial Results
FOR IMMEDIATE RELEASE November 2, 2021 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported strong loan growth and credit quality in the third quarter of 2021. Net income for the first nine months of 2021 totaled $186.8 million, an increase of 5.9% compared with...
Farm Credit Bank of Texas names Scott L. Erlichman chief information officer
FOR IMMEDIATE RELEASE September 8, 2021 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank for rural financing, today announced the appointment of Scott L. Erlichman as chief information officer. He will report to FCBT CEO Amie...
Alan Robinson named manager of bank’s Capital Markets Group
FOR IMMEDIATE RELEASE September 2, 2021 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) recently promoted Alan Robinson to vice president and unit manager of its Capital Markets Group. He succeeds Isaac Bennett, who is now FCBT chief credit officer. Robinson leads...
Farm Credit Bank of Texas Reports Second Quarter 2021 Financial Results
FOR IMMEDIATE RELEASE August 2, 2021 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, positive loan growth and strong credit quality in the second quarter of 2021. Net income for the three months and six months ending June 30, 2021, totaled...
Farm Credit Bank of Texas Announces Isaac E. Bennett as Chief Credit Officer
FOR IMMEDIATE RELEASE July 27, 2021 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) today announced the promotion of Isaac E. Bennett to chief credit officer. Bennett previously served as vice president and unit manager of the company’s Capital Markets Group. He...
Congressman Mike Conaway inducted into Farm Credit Bank of Texas Academy of Honor
FOR IMMEDIATE RELEASE June 30, 2021 AUSTIN, Texas — Former U.S. Rep. Mike Conaway was inducted into the Farm Credit Bank of Texas (FCBT) Academy of Honor at the 2021 FCBT Annual Stockholders Meeting on June 16. The award establishes a $25,000 scholarship that will be...
2021 Election of FCBT Directors – Region 3
Names of potential nominees for the Board position from Region 3 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any employee, director or stockholder of an association holding voting stock in the Bank or by any...
Farm Credit Bank of Texas Reports First Quarter Financial Results
FOR IMMEDIATE RELEASE May 3, 2021 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported strong growth in its earnings and assets in the first quarter of 2021. First-quarter net income totaled $66.0 million, a 30.7% increase compared with the same period last year....
Farm Credit Bank of Texas Distributes Majority of Record 2020 Earnings
FOR IMMEDIATE RELEASE: February 25, 2021 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported a record $251.1 million in net income in 2020. It distributed 85.5% of its earnings to its stockholders and lending partners in the form of patronage payments and other...
Farm Credit Bank of Texas Board Elects Chair and Vice Chair
FOR IMMEDIATE RELEASE January 27, 2021 AUSTIN, Texas — The Farm Credit Bank of Texas (FCBT) board of directors recently reelected James F. “Jimmy” Dodson board chair and elected Linda Floerke vice chair of the Austin-based bank. The two Texas agricultural producers...
Farm Credit Bank of Texas Appoints New CFO and Promotes Finance VP
FOR IMMEDIATE RELEASE January 13, 2021 AUSTIN, Texas – Farm Credit Bank of Texas has named Brandon Blaut chief financial officer of the $27.3 billion bank. He succeeds Amie Pala, who was appointed chief executive officer, effective Jan. 1. Blaut has more than 20 years...
2020
Farm Credit Bank of Texas Announces Board Election Results
FOR IMMEDIATE RELEASE December 17, 2020 AUSTIN, Texas – Texas Farm Credit District stockholders recently elected Dr. Larry Boleman of College Station, Texas, and reelected Jimmy Dodson of Robstown, Texas, to the Farm Credit Bank of Texas board of directors. Both will...
Farm Credit Bank of Texas Reports Third Quarter 2020 Financial Results
For immediate release: November 2, 2020 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported growth in earnings, loans and assets in the first nine months of 2020. Net income was $176.5 million and net interest income was $244.2 million for the nine months ending...
Farm Credit Bank of Texas CEO Larry Doyle Announces Retirement, Chief Financial Officer Amie Pala is Named CEO-Elect
FOR IMMEDIATE RELEASE October 23, 2020 AUSTIN, TX – Farm Credit Bank of Texas (FCBT) Chief Executive Officer Larry Doyle is announcing his retirement after 17 years with the bank and 45 years in the Farm Credit System. Amie Pala, the bank’s current chief financial...
Farm Credit Bank of Texas Reports Second Quarter Financial Results
FOR IMMEDIATE RELEASE July 31, 2020 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, positive loan growth and strong credit quality in the second quarter of 2020. Net income for the first six months of 2020 totaled $108.6 million, up 14.1%...
Farm Credit Bank of Texas Reports Strong Growth in First Quarter
FOR IMMEDIATE RELEASE May 1, 2020 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported strong growth in its loans and earnings in the first quarter of 2020. First-quarter net income totaled $50.5 million in 2020, a 13.1% increase compared with the same period of...
2020 Election of FCBT Directors – Region 2
Names of potential nominees for the two Board positions from Region 2 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any employee, director or stockholder of an association holding voting stock in the Bank or by...
Farm Credit Bank of Texas Distributes Over 90% of 2019 Earnings
FOR IMMEDIATE RELEASE February 21, 2020 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported a record $203.0 million in net income in 2019. It distributed over 90 percent of its earnings to its stockholders and lending partners in the form of patronage payments...
2019
Cortese and Floerke Reelected to Farm Credit Bank Board
FOR IMMEDIATE RELEASE December 16, 2019 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) stockholders recently reelected Ralph W. "Buddy" Cortese and Linda C. Floerke to three-year terms on the bank’s board of directors. Ralph w. “Buddy” Cortese Linda C....
Farm Credit Scholarship Awarded to University of New Mexico Students
FOR IMMEDIATE RELEASE November 14, 2019 ALBUQUERQUE, N.M. — Carolyn Owen, retired Farm Credit Bank of Texas (FCBT) general counsel, recently presented $10,000 in scholarship funds to University of New Mexico students. Owen was inducted into the FCBT Academy of Honor...
Farm Credit Bank of Texas Reports Third Quarter Financial Results
FOR IMMEDIATE RELEASE November 1, 2019 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported growth in earnings, loans and assets in the first nine months of 2019. Net income totaled $46.6 million and $141.8 million for the three months and nine months ended Sept....
Farm Credit Bank of Texas Reports Second Quarter 2019 Financial Results
FOR IMMEDIATE RELEASE August 2, 2019 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) reported solid earnings, positive loan growth and strong credit quality in the second quarter of 2019. Total loan volume increased 2.5% in the second quarter and 4.9% since year end,...
Four FFA Members Awarded Farm Credit Scholarships
FOR IMMEDIATE RELEASE July 31, 2019 AUSTIN, Texas – Four college-bound students were awarded scholarships from Farm Credit Bank of Texas during the 2019 Texas FFA State Convention in Fort Worth on July 18. The recipients of the rural funding bank’s $2,000 scholarships...
Farm Credit Awards $12,000 in Scholarships to Texas 4-H Members
FOR IMMEDIATE RELEASE June 26, 2019 Four college-bound students each received a $3,000 Farm Credit scholarship during the recent Texas 4-H Roundup, held in College Station. The scholarship recipients are pictured here with Kristin Stanley, far right, of Farm Credit...
Farm Credit Bank of Texas Reports Strong Loan Growth in First Quarter
FOR IMMEDIATE RELEASE May 3, 2019 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds Farm Credit lending cooperatives in five states, reported strong loan growth, stable earnings and strong credit quality in the first quarter of 2019. Total...
Outside Director Appointed to Farm Credit Bank of Texas Board
FOR IMMEDIATE RELEASE May 1, 2019 AUSTIN, Texas — The board of directors of Austin-based Farm Credit Bank of Texas (FCBT) has appointed Farm Credit insurance veteran Dorothy Nichols of Reston, Va., to the board. Nichols is one of two appointed directors on the...
Former General Counsel Inducted Into Farm Credit Academy of Honor
FOR IMMEDIATE RELEASE April 16, 2019 AUSTIN, Texas — Carolyn Owen, retired Farm Credit Bank of Texas (FCBT) general counsel, received the bank’s highest honor when she was inducted into the FCBT Academy of Honor on April 11. The honor establishes a $10,000 scholarship...
Rural Visionaries to be Honored During Farm Credit Centennial
Farm Credit Council April 9, 2019 DENVER — Rural America is constantly evolving to meet the needs of a changing global agriculture economy, and a new effort is underway to champion the women, men and youth whose insights and influence are ensuring thriving rural...
Farm Credit Bank of Texas Distributes 90 Percent of 2018 Earnings to Stockholders
FOR IMMEDIATE RELEASE February 22, 2019 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale funding bank and part of the nationwide Farm Credit System, has returned 90 percent of its net income from 2018 to its affiliated lenders and other stockholders....
Farm Credit Bank of Texas New General Counsel
FOR IMMEDIATE RELEASE January 2, 2019 AUSTIN, Texas – Senior Vice President and General Counsel Nanci Tucker has taken the full helm of the Farm Credit Bank of Texas corporate affairs department after a year of co-leading the department with outgoing Senior Vice...
2018
Farm Credit Bank of Texas Welcomes New Board Member
FOR IMMEDIATE RELEASE December 13, 2018 AUSTIN, Texas – Stockholders of the Farm Credit Bank of Texas (FCBT) recently elected John L. “Jack” Dailey of Extension, La., to the bank’s board of directors. He will serve a three-year term, beginning Jan. 1, 2019. Dailey is...
Farm Credit Bank of Texas General Counsel to Retire
FOR IMMEDIATE RELEASE December 13, 2018 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT) Senior Vice President and General Counsel Carolyn Owen will retire from the cooperatively owned wholesale funding bank on Dec. 31, after 35 years of Farm Credit service. “Carolyn...
Hilsabeck Named Manager of Direct Lending Unit at Farm Credit Bank of Texas
FOR IMMEDIATE RELEASE December 5, 2018 AUSTIN, Texas – Farm Credit Bank of Texas recently promoted Steve Hilsabeck to vice president and manager of the bank’s Association Direct Lending Unit. In his new role, he will manage a team of professionals responsible for the...
Farm Credit Bank of Texas Reports Third Quarter Assets of $24.3 Billion
FOR IMMEDIATE RELEASE November 2, 2018 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural Farm Credit lending cooperatives in five states, reported strong asset growth and credit quality in the third quarter of 2018. In the first...
Six Texas Tech University Students Receive Farm Credit Scholarship
FOR IMMEDIATE RELEASE October 2, 2018 LUBBOCK, Texas – Six Texas Tech University students recently were awarded the Farm Credit Bank of Texas (FCBT) Academy of Honor scholarship. The students, who are all pursuing degrees in economics or agribusiness, shared in the...
Farm Credit Bank of Texas Reports Strong Loan Growth in Second Quarter
FOR IMMEDIATE RELEASE August 3, 2018 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural Farm Credit lending cooperatives in five states, reported strong loan growth and credit quality in the second quarter of 2018. The bank’s...
Farm Credit Bank of Texas Reports First Quarter Assets of $23.1 Billion
FOR IMMEDIATE RELEASE May 4, 2018 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural lending cooperatives in five states, reported strong loan volume and assets in the first quarter of 2018. Total assets increased 1.1 percent from...
Farm Credit Bank of Texas Hires Vice President of Compliance
FOR IMMEDIATE RELEASE February 27, 2018 AUSTIN, Texas – Thomas Ringler recently was hired as vice president of compliance for the Austin-based Farm Credit Bank of Texas. He will head up a new department responsible for the bank’s SOX and SOC2 programs and its program...
Farm Credit Bank of Texas Hires New Chief Audit Executive
FOR IMMEDIATE RELEASE February 26, 2018 AUSTIN, Texas – Nisha Rocap recently was hired as chief audit executive of the Austin-based Farm Credit Bank of Texas. She succeeds Susan Wallar, who is retiring from the position after 22 years of Farm Credit service. As chief...
Farm Credit Bank of Texas Distributes Majority of 2017 Earnings to Stockholders
FOR IMMEDIATE RELEASE February 22, 2018 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale funding bank and part of the nationwide Farm Credit System, reported $196.0 million in net income in 2017, its 12th consecutive year of record earnings. The bank is a...
Farm Credit Bank of Texas Board Chairman, Vice Chairman Re-Elected
FOR IMMEDIATE RELEASE January 24, 2018 AUSTIN, Texas – The Farm Credit Bank of Texas (FCBT) Board of Directors has re-elected James F. “Jimmy” Dodson of Robstown, Texas, board chairman and Lester Little of Hallettsville, Texas, board vice chairman of the Austin-based...
2017
Farm Credit Bank of Texas Announces Chief Credit Officer’s Retirement and Successor
FOR IMMEDIATE RELEASE December 13, 2017 AUSTIN, Texas – Farm Credit Bank of Texas Senior Vice President and Chief Credit Officer Kurt Thomas will retire from the cooperatively owned wholesale funding bank effective Dec. 31, after 36 years of Farm Credit...
Farm Credit Bank of Texas Reports Strong Earnings in Third Quarter
FOR IMMEDIATE RELEASE November 3, 2017 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank that funds rural lending cooperatives in five states, reported growth in earnings and loan volume in the third quarter of 2017. The...
CoBank, Farm Credit Bank of Texas Commit $50,000 to Hurricane Harvey Relief
Texas Farm Bureau September 12, 2017 WACO, Texas – The Texas Farm Bureau's Agriculture Research and Education Foundation today announced it has received a donation of $50,000 from CoBank and Farm Credit Bank of Texas to aid the state's farmers and ranchers as they...
Bank Reports Loan Growth in Second Quarter
FOR IMMEDIATE RELEASE August 4, 2017 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural lending cooperatives in five states, reported growth in earnings and loan volume in the second quarter of 2017. The bank has a diversified loan...
Farm Credit Bank of Texas Reports Net Income of $46.8 Million for First Quarter
FOR IMMEDIATE RELEASE May 3, 2017 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural lending cooperatives in five states, reported strong earnings and loan volume in the first quarter of 2017. Loan volume increased 2.7 percent from...
Texas A&M University-Commerce Ag Educator Inducted Into Farm Credit Bank of Texas Academy of Honor
FOR IMMEDIATE RELEASE April 27, 2017 AUSTIN, Texas — Agricultural educator Dr. Edward Romero was inducted into the Farm Credit Bank of Texas Academy of Honor at the bank’s 2017 annual stockholders meeting in Fort Worth, Texas, on April 6. The award establishes a...
Farm Credit Bank of Texas Returns Majority of Record Earnings to Stockholders
FOR IMMEDIATE RELEASE February 22, 2017 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank and part of the nationwide Farm Credit System, reported a record $192.4 million in net income in 2016. Based on its solid performance...
Farm Credit Bank of Texas Board Chairman, Vice Chairman Re-Elected 2017
FOR IMMEDIATE RELEASE January 27, 2017 AUSTIN, Texas – The Farm Credit Bank of Texas (FCBT) Board of Directors has re-elected James F. “Jimmy” Dodson of Robstown, Texas, board chairman and Lester Little of Hallettsville, Texas, board vice chairman of the Austin-based...
2016
Two Ag Producers Elected to Farm Credit Bank of Texas Board
FOR IMMEDIATE RELEASE December 20, 2016 AUSTIN, Texas – Texas Farm Credit District stockholders recently elected Linda C. Floerke of Lampasas, Texas, and re-elected Ralph W. “Buddy” Cortese of Fort Sumner, N.M., to the Farm Credit Bank of Texas (FCBT) Board of...
Farm Credit Bank of Texas Reports Third Quarter 2016 Financial Results
FOR IMMEDIATE RELEASE November 3, 2016 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank that supports agriculture and rural communities, reported stable assets and credit quality for the third quarter of 2016. Total assets...
Farm Credit Bank of Texas Reports Record Assets at Midyear
FOR IMMEDIATE RELEASE August 3, 2016 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank that supports agriculture and rural America, reported strong asset growth and credit quality for the second quarter of 2016. Total...
Farm Credit Bank of Texas Reports Loan Growth, Strong Credit Quality
FOR IMMEDIATE RELEASE May 4, 2016 AUSTIN, Texas — Farm Credit Bank of Texas (FCBT), a wholesale bank that funds 14 rural lending cooperatives in five states, reported growth across its highly diversified loan portfolios in the first quarter of 2016. Total loan volume...
Alabama Cattleman Inducted Into Farm Credit Bank of Texas Academy of Honor
FOR IMMEDIATE RELEASE April 8, 2016 AUSTIN, Texas — Former Farm Credit Bank of Texas (FCBT) Director Joe Crawford was inducted into the bank's Academy of Honor at the 2016 FCBT Annual Stockholders Meeting in Austin, Texas, on March 31. The award establishes a $10,000...
Farm Credit Bank of Texas Chairman Recognized as Agricultural Visionary
AUSTIN, Texas – James F. “Jimmy” Dodson, chairman of the Farm Credit Bank of Texas (FCBT) Board of Directors, is among the visionaries recognized nationally through Farm Credit 100 Fresh Perspectives, a search to identify 100 leaders who are changing rural communities...
Farm Credit Bank of Texas Returns 71 Percent of Income to Stockholders
FOR IMMEDIATE RELEASE February 26, 2016 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a wholesale funding bank that supports agriculture and rural communities with reliable, consistent credit and financial services, reported record net income for the 10th...
Farm Credit Bank of Texas Board Chairman, James F. “Jimmy” Dodson and Vice Chairman Re-Elected, Lester Little
FOR IMMEDIATE RELEASE January 25, 2016 AUSTIN, Texas – The Farm Credit Bank of Texas (FCBT) Board of Directors has re-elected James F. “Jimmy” Dodson of Robstown, Texas, board chairman and Lester Little of Hallettsville, Texas, board vice chairman of the Austin-based...
Mississippi Dairyman and Former Texas Mayor Begin New Terms on Farm Credit Bank Board
FOR IMMEDIATE RELEASE January 5, 2016 AUSTIN, Texas – Brad Bean of Gillsburg, Miss., recently was re-elected to the Farm Credit Bank of Texas (FCBT) Board of Directors, and Betty Flores of Laredo, Texas, was reappointed to the board of the cooperatively owned bank,...
2015
Farm Credit Will Recognize 100 Rural Visionaries During 100th Anniversary
FOR IMMEDIATE RELEASE November 18, 2015 Nominations for Farm Credit 100 Fresh Perspectives Are Due by Dec. 18 AUSTIN, Texas – This is the final month to submit nominations for Farm Credit 100 Fresh Perspectives, a program that will recognize rural visionaries across...
Farm Credit Bank of Texas Surpasses $19 Billion in Assets
FOR IMMEDIATE RELEASE November 2, 2015 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank that serves agriculture and rural communities, reported strong asset growth and credit quality in the third quarter of 2015. Total...
2013 Election of FCBT Directors – Region 1
Names of potential nominees for the board position 1 and board position 2 from Region 1 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any director or stockholder of an association holding voting stock in the Bank...
Farm Credit Bank of Texas Reports Steady Growth at Mid-Year
FOR IMMEDIATE RELEASE July 31, 2015 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank that serves agriculture and rural America, reported strong earnings, loan volume and credit quality in the second quarter of 2015. The...
Dallas Businessman Appointed to Farm Credit Bank of Texas Board
FOR IMMEDIATE RELEASE July 7, 2015 AUSTIN, Texas — The board of directors of the Austin-based Farm Credit Bank of Texas (FCBT) has appointed Dallas businessman and financial adviser M. Philip Guthrie to a term on the FCBT board expiring Dec. 31, 2017. Guthrie is one...
Farm Credit Bank of Texas Reports Strong First Quarter Earnings, Credit Quality
FOR IMMEDIATE RELEASE May 1, 2015 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, reported solid financial results in the first quarter of 2015, highlighted by strong earnings and steady loan growth and credit quality....
Fitch Affirms Farm Credit System and Farm Credit System Banks’ Ratings; Outlook Stable
Fitch Ratings April 21, 2015 NEW YORK/BUENOS AIRES – Fitch Ratings has affirmed Farm Credit System's (FCS) Long-term and Short-term Issuer Default Rating (IDR) at 'AAA/F1+' respectively. Furthermore, Fitch has affirmed the Long-term and Short-term IDRs of AgFirst,...
Farm Credit Bank of Texas Returns Nearly 70 Percent of Net Income to Stockholders
FOR IMMEDIATE RELEASE March 3, 2015 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, reported its ninth consecutive year of record net income in 2014, returning the majority of its earnings to its owners. Based on the...
Farm Credit Bank of Texas Board Chairman, Vice Chairman Re-Elected 2015
FOR IMMEDIATE RELEASE January 23, 2015 AUSTIN, Texas – The Farm Credit Bank of Texas (FCBT) Board of Directors has re-elected James F. “Jimmy” Dodson of Robstown, Texas, board chairman and Lester Little of Hallettsville, Texas, board vice chairman of the Austin-based...
Austin’s Farm Credit Bank of Texas Named a Top Place to Work for 2015
FOR IMMEDIATE RELEASE January 12, 2015 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT) recently was named one of the 2015 Best Companies to Work for in Texas. The Best Companies program recognizes the top 100 places of employment in Texas benefiting the state’s...
2014
Farm Credit Bank of Texas Re-Elects Two Directors
FOR IMMEDIATE RELEASE December 29, 2014 AUSTIN, Texas – Stockholders of the Austin-based Farm Credit Bank of Texas (FCBT) recently re-elected Jimmy Dodson and Lester Little to three-year terms on the board of directors. Their new terms will begin on Jan. 1, 2015, and...
Farm Credit Bank of Texas Reports Third Quarter Financial Results 2014
FOR IMMEDIATE RELEASE November 4, 2014 Assets Surpass $17 Billion AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned source of financing for agriculture and rural America, reported increased growth and strong earnings in the third quarter. Total...
Moody’s Affirms Farm Credit’s High Ratings
Farm Credit earns some of the highest credit ratings in the lending industry, and was once again rated highly by Moody's Investors Service in 2014. On Oct. 30, Moody's affirmed its ratings for the nationwide Farm Credit System and Farm Credit Bank of Texas: Farm...
Fitch Affirms Farm Credit System and Farm Credit System Banks Ratings; Outlook Stable
FITCH RATING – NEW YORK - Fitch Ratings has affirmed the Farm Credit System's (FCS) Long-term Issuer Default Rating (IDR) and Short-term IDR at 'AAA/F1+', with a Stable Outlook. Furthermore, Fitch has affirmed the Long- and Short-term IDRs of AgFirst, FCB; AgriBank,...
2014 Election of FCBT Directors – Region 2
Names of potential nominees for the board position 1 and board position 2 from Region 2 for the Farm Credit Bank of Texas Board of Directors may be submitted to the Nominating Committee by any director or stockholder of an association holding voting stock in the Bank...
Farm Credit Bank of Texas Reports Asset Growth at Mid-Year
FOR IMMEDIATE RELEASE August 1, 2014 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, reported strong mid-year results, highlighted by sound credit quality and steady growth in assets and net income. Total assets were...
Senator Saxby Chambliss Inducted Into Farm Credit Bank of Texas Academy of Honor
FOR IMMEDIATE RELEASE May 14, 2014 AUSTIN, Texas – U.S. Senator Saxby Chambliss of Georgia was inducted into the Farm Credit Bank of Texas (FCBT) Academy of Honor at the 2014 FCBT Annual Stockholders Meeting in Houston, Texas, on April 4. The award establishes a...
Farm Credit Bank of Texas Reports Loan Volume on Track for Steady Growth
FOR IMMEDIATE RELEASE May 1, 2014 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale funding bank, reported loan volume growth and sound asset quality in the first quarter of 2014. The Austin-based bank’s gross loan volume was $12.03...
USDA Announces $150 Million Investment Fund to Grow Small Businesses, Create Jobs in Rural America
For Immediate Release: April 21, 2014 CEDAR RAPIDS, Iowa – As part of the Obama Administration’s new “Made in Rural America” export and investment initiative, Agriculture Secretary Tom Vilsack today announced the creation of a new investment fund that will help propel...
Farm Credit Bank of Texas Reports Record Earnings in 2013
FOR IMMEDIATE RELEASE February 19, 2014 AUSTIN, Texas – Farm Credit Bank of Texas (FCBT), a cooperatively owned wholesale bank that provides funding for rural retail lenders, has released preliminary unaudited financial highlights and results for the year ended Dec....
Media contact
David Camp
Chief Strategy Officer
(512) 465-0738