BOB FRAZEEChief Executive Officer

JOHN WHEELERChief Financial Officer

2012 FINANCIAL OVERVIEW

2008 2009 2010 2011 20128,200

8,400

8,600

8,800

9,000

9,200

9,400

9,600

9,800

10,000

8,900

9,162

9,416

9,682 9,696Chart Title

Number of Active Members

Loan Volume Outstanding (in billions)

$0.00

$0.50

$1.00

$1.50

$2.00

$2.50

2008 2009 2010 2011 2012

$2.19 $2.29 $2.28 $2.17 $2.14

Credit Quality

2008 2009 2010 2011 20120.0%

20.0%

40.0%

60.0%

80.0%

100.0%

95.5%93.0% 93.3% 94.4% 94.7%

2012 Portfolio Concentrations

Other – 5% or less

Poultry 19%

Cash Grain/ Crops 25%Landlords/

Lessors11%

Dairy 9%

Equine 8%

Nurseries/ Greenhouses

6%

Livestock/ Animal 6%

Fruits & Vegetables 6%

Other10%

Net Income (in millions)

$0.0

$10.0

$20.0

$30.0

$40.0

$50.0

$60.0

2008 2009 2010 2011 2012

$38.8

$32.3

$50.3

$45.2

$51.7

Operating Efficiency

10.0%

20.0%

30.0%

40.0%

50.0%

60.0%

2008 2009 2010 2011 2012

39.4%

45.0%

33.6% 35.5% 35.4%

42.5%

47.3%

40.4%42.5% 42.3%

MAFC District

2012 Patronage

Cash $ 10,752,000 39.44 %

Qualified Allocated Surplus

$ 2,469,000 9.06 %

Nonqualified Allocated Surplus

$ 14,041,000 51.50 %

TOTAL $ 27,262,000 100.00 %

Total Patronage Paid

$20.9million returned in cash

$398million declared

Patronage since 1990

$270million returned

in cash

Election Regions