Farm Credit of Central Florida, ACA
Disclosure Required by Farm Credit Administration Regulations Description of Business
Legal Proceedings
Descriptions of the territory served, persons eligible to borrow, types of lending activities engaged in, financial services offered and related Farm Credit organizations are incorporated herein by reference to Note 1, Organization and Operations, of the Consolidated Financial Statements included in this Annual Report to shareholders.
Information, if any, to be disclosed in this section is incorporated herein by reference to Note 11, Commitments and Contingencies, of the Consolidated Financial Statements included in this Annual Report.
The description of significant developments that had or could have a material impact on earnings or interest rates to borrowers, acquisitions or dispositions of material assets, material changes in the manner of conducting the business, seasonal characteristics, and concentrations of assets, if any, is incorporated in “Management’s Discussion and Analysis of Financial Condition and Results of Operations” included in this Annual Report.
Information to be disclosed in this section is incorporated herein by reference to Note 7, Members’ Equity, of the Consolidated Financial Statements included in this Annual Report.
Description of Capital Structure
Description of Liabilities The description of liabilities, contingent liabilities and obligations to be disclosed in this section is incorporated herein by reference to Notes 2, 6, 9 and 11 of the Consolidated Financial Statements included in this Annual Report.
Unincorporated Business Entities The Association had no unincorporated business entities at December 31, 2021.
Management’s Discussion and Analysis of Financial Condition and Results of Operations
Description of Property “Management’s Discussion and Analysis of Financial Condition and Results of Operations,” which appears in this Annual Report and is to be disclosed in this section, is incorporated herein by reference.
The following table sets forth certain information regarding the properties of the reporting entity, all of which are located in Florida: Form of Ownership Leased
Location 204 E. Orange Street* Lakeland
Description Administrative/ Branch
57 E. Third Street Apopka
Branch
Owned
2301 Thonotosassa Road Plant City
Branch
Owned
31050 Cortez Blvd. Brooksville
Branch
Owned
* The Administrative / branch office located at 204 E, Orange St. is leased through December 31, 2035.
20 2021 Annual Report
