FRED WESTBoard Chairman
JOHN WHEELERChief Financial Officer
2013 FINANCIAL OVERVIEW
2009 2010 2011 2012 20138,600
8,800
9,000
9,200
9,400
9,600
9,800
10,000
9,162
9,416
9,682 9,6969,791
Chart Title
Number of Active Members
Loan Volume Outstanding (in billions)
$0.00
$0.50
$1.00
$1.50
$2.00
$2.50
2009 2010 2011 2012 2013
$2.29 $2.28 $2.17 $2.14 $2.20
Credit Quality
2009 2010 2011 2012 20130.0%
20.0%
40.0%
60.0%
80.0%
100.0%
93.0% 93.3% 94.4% 94.7% 97.1%
2013 Portfolio Concentrations
Other – 5% or less
Poultry 19%
Cash Grain/ Crops 25%Landlords/
Lessors10%
Dairy 9%
Equine 8%
Nurseries/ Greenhouses
5%
Livestock/ Animal 6%
Fruits & Vegetables 6%
Other12%
Net Income (in millions)
$0.0
$10.0
$20.0
$30.0
$40.0
$50.0
$60.0
$70.0
2009 2010 2011 2012 2013
$32.3
$50.3$45.2
$51.7
$68.0
Operating Efficiency
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
2009 2010 2011 2012 2013
45.0%
33.6%35.5% 35.4%
32.9%
47.3%
40.4%42.5% 42.3%
39.5%
MAFC District
2013 Patronage
Cash $ 13.4 million 36.7 %
Qualified Allocated Surplus
-- 0 %
Nonqualified Allocated Surplus
$ 23.1 million 63.3 %
TOTAL $ 36.5 million 100.0 %
Total Patronage Paid
2013 Declared Cash (Mar.) $ 13.4 million
3 years of Qualified Allocated Surplus (Feb.)
$ 7.8 million
2005 Nonqualified Allocated Surplus (Dec.)
$ 8.2 million
TOTAL $ 29.4 million
$435million declared
Patronage since 1990
$300million returned
in cash
BOB FRAZEEChief Executive Officer
Changing World Population
U.S. Race & Ethnicity Trend
White Hispanic Black Asian
85
3.511
0.6
63
1712
5
47
29
139
1960 2011 2050
Population by Race and EthnicityActual and Projected
% of Total
U.S. Race & Ethnicity Trend
Overregulated America
Election Regions