Net income for Farm Credit Canada increased 2.7 per cent in the nine months ended December 31.
The federal crown corporation posted $503.5 million profit for the period.
For the last three months of the year profit was $157.2 million, up from $124.5 million for the same quarter in 2017.
Credit loss provisions for the nine-month period increased 160 per cent to $72.2 million.
Loan growth, 7.3 per cent to $36.32 billion, was less than the 8.3 per cent in 2017.
Assets increased 7.4 per cent to $37.8 billion
Return on assets for the nine months was 1.33 per cent compared with 1.38 per cent in 2017.
Ron Walter can be reached at ronjoy@sasktel.net.
