Federal Agricultural Mortgage Quarterly Balance Sheets Chart
Quarterly
|
Annual
Federal Agricultural Mortgage Quarterly Balance Sheets Table
Quarterly
|
Annual
Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2008-12-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 |
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assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 1,030,329,000 | 1,048,135,000 | 1,024,007,000 | 842,056,000 | 922,961,000 | 745,105,000 | 888,707,000 | 782,318,000 | 874,090,000 | 864,594,000 | 861,002,000 | 868,234,000 | 909,430,000 | 890,046,000 | 908,785,000 | 899,052,000 | 828,403,000 | 1,012,541,000 | 1,033,941,000 | 910,592,000 | 827,600,000 | 1,231,585,000 | 604,381,000 | 587,941,000 | 396,602,000 | 376,122,000 | 436,152,000 | 430,812,000 | 493,258,000 | 302,022,000 | 366,764,000 | 319,993,000 | 313,641,000 | 265,229,000 | 1,516,536,000 | 1,683,156,000 | 1,556,246,000 | 1,363,387,000 | 651,713,000 | 650,723,000 | 893,387,000 | 785,564,000 | 870,040,000 | 752,502,000 | 974,963,000 | 817,046,000 | 825,014,000 | 768,335,000 | 779,443,000 | 729,920,000 | 453,273,000 | 325,333,000 | 418,211,000 | 654,794,000 | 274,894,000 | 362,858,000 | 278,412,000 | 50,661,000 | 712,374,000 | 199,989,000 | 101,445,000 | 572,426,000 | 572,261,000 | 816,930,000 | 877,714,000 | 804,602,000 | 348,951,000 | 413,619,000 |
investment securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
available-for-sale, at fair value | 6,674,031,000 | 6,230,080,000 | 5,953,014,000 | 5,877,936,000 | 5,248,715,000 | 5,007,787,000 | 4,918,931,000 | 4,873,414,000 | 4,717,619,000 | 4,647,464,000 | 4,579,564,000 | 4,401,879,000 | 4,246,012,000 | 4,195,314,000 | 3,836,391,000 | 3,696,204,000 | 3,832,232,000 | 3,809,632,000 | 3,853,692,000 | 3,532,190,000 | 3,467,378,000 | 2,961,157,000 | 2,959,843,000 | 3,111,632,000 | 2,922,504,000 | 2,457,978,000 | 2,224,002,000 | 2,324,598,000 | 2,193,352,000 | 2,215,405,000 | 2,234,966,000 | 2,363,805,000 | 2,479,244,000 | 2,515,851,000 | 2,031,629,000 | 1,851,899,000 | 2,139,544,000 | 1,938,499,000 | 2,502,135,000 | 2,455,852,000 | 2,296,187,000 | 2,498,382,000 | 2,634,984,000 | 2,495,021,000 | 2,373,442,000 | 2,182,694,000 | 1,830,155,000 | 2,005,714,000 | 1,976,522,000 | 1,677,233,000 | 1,375,518,000 | 1,175,376,000 | 1,198,374,000 | 924,041,000 | 836,540,000 | 1,072,096,000 | 1,297,255,000 | 1,503,473,000 | 2,424,097,000 | |||||||||
held-to-maturity, at amortized cost | 8,970,000 | 9,125,000 | 9,270,000 | 9,270,000 | 9,270,000 | 53,756,000 | 53,756,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 44,970,000 | 44,970,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 45,032,000 | 2,158,810,000 | 2,137,786,000 | 1,074,686,000 | 1,149,231,000 | 1,276,153,000 | 1,822,027,000 | 1,767,096,000 | 1,794,620,000 | 518,792,000 | 526,574,000 | ||||||||||||||||||||||||||||
other investments | 14,257,000 | 13,281,000 | 11,017,000 | 8,587,000 | 7,398,000 | 6,900,000 | 6,817,000 | 5,807,000 | 5,164,000 | 3,672,000 | 3,672,000 | 2,106,000 | 1,537,000 | 1,504,000 | 1,229,000 | 403,000 | 403,000 | 403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
total investment securities | 6,697,258,000 | 6,252,486,000 | 5,973,301,000 | 5,895,793,000 | 5,265,383,000 | 5,068,443,000 | 4,979,504,000 | 4,924,253,000 | 4,767,815,000 | 4,696,168,000 | 4,628,268,000 | 4,449,017,000 | 4,292,581,000 | 4,241,788,000 | 3,882,590,000 | 3,741,639,000 | 3,877,667,000 | 3,855,067,000 | 3,898,724,000 | 3,577,222,000 | 3,512,410,000 | 3,006,189,000 | 3,004,875,000 | 3,156,664,000 | 2,967,536,000 | 2,503,010,000 | 2,269,034,000 | 2,369,630,000 | 2,238,384,000 | 2,260,437,000 | 2,515,851,000 | 2,032,179,000 | 1,852,505,000 | 2,140,182,000 | 1,939,188,000 | 2,503,112,000 | 2,456,916,000 | 2,297,316,000 | 2,499,629,000 | 2,636,328,000 | 2,496,451,000 | 2,375,088,000 | 2,184,490,000 | 1,912,877,000 | 2,093,865,000 | 2,064,568,000 | 1,763,329,000 | 1,457,431,000 | 1,257,332,000 | 1,281,200,000 | 1,021,479,000 | 1,021,977,000 | 1,235,859,000 | 1,468,301,000 | 1,689,987,000 | 3,065,924,000 | ||||||||||||
farmer mac guaranteed securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total farmer mac guaranteed securities | 7,862,498,000 | 8,074,791,000 | 8,232,234,000 | 8,722,762,000 | 9,328,219,000 | 9,921,620,000 | 9,745,548,000 | 9,216,111,000 | 8,595,243,000 | 9,219,420,000 | 8,628,380,000 | 8,302,041,000 | 8,139,681,000 | 8,506,464,000 | 8,361,798,000 | 8,387,062,000 | 7,918,162,000 | 7,922,001,000 | 8,123,493,000 | 8,712,208,000 | 9,039,105,000 | 9,035,069,000 | 8,590,476,000 | 8,635,157,000 | 8,614,843,000 | 8,482,039,000 | 8,024,611,000 | 8,078,898,000 | 8,021,430,000 | 7,598,188,000 | 7,602,556,000 | 7,420,348,000 | 6,317,732,000 | 6,002,916,000 | 5,432,823,000 | 5,873,235,000 | 5,609,305,000 | 5,453,901,000 | 2,907,264,000 | 2,434,467,000 | 1,718,140,000 | 1,793,927,000 | 3,500,161,000 | 3,019,412,000 | 2,451,244,000 | 2,163,405,000 | 2,704,582,000 | 1,297,048,000 | ||||||||||||||||||||
usda securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
trading, at fair value | 560,000 | 651,000 | 818,000 | 842,000 | 1,026,000 | 1,066,000 | 1,241,000 | 1,302,000 | 1,348,000 | 1,405,000 | 1,767,000 | 1,851,000 | 2,275,000 | 3,386,000 | 4,401,000 | 4,793,000 | 5,050,000 | 5,578,000 | 6,695,000 | 6,830,000 | 7,786,000 | 8,408,000 | 8,913,000 | 8,943,000 | 9,201,000 | 9,487,000 | 10,237,000 | 10,748,000 | 11,558,000 | 13,515,000 | 14,864,000 | 16,294,000 | 18,602,000 | 550,000 | 606,000 | 638,000 | 689,000 | 977,000 | 1,064,000 | 1,129,000 | 1,247,000 | 1,344,000 | 1,430,000 | 1,646,000 | 1,796,000 | 82,722,000 | 88,151,000 | 88,046,000 | 86,096,000 | 81,913,000 | 81,956,000 | 82,826,000 | 97,438,000 | 185,437,000 | 163,763,000 | 171,046,000 | 186,514,000 | 641,827,000 | ||||||||||
total usda securities | 2,407,198,000 | 2,377,341,000 | 2,371,352,000 | 2,344,715,000 | 2,331,561,000 | 2,334,093,000 | 2,355,412,000 | 2,323,657,000 | 2,337,560,000 | 2,360,333,000 | 2,411,601,000 | 2,430,489,000 | 2,433,105,000 | 2,439,489,000 | 2,440,732,000 | 2,462,010,000 | 2,450,768,000 | 2,495,078,000 | 2,480,321,000 | 2,417,678,000 | 2,347,709,000 | 2,278,019,000 | 2,241,073,000 | 2,173,007,000 | 2,137,579,000 | 2,134,799,000 | 2,154,111,000 | 2,123,366,000 | 2,139,327,000 | 2,131,365,000 | 2,107,149,000 | 2,082,320,000 | 2,044,424,000 | 2,029,613,000 | 1,886,358,000 | 1,859,176,000 | 1,832,437,000 | 1,771,532,000 | ||||||||||||||||||||||||||||||
loans: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for sale, at lower of cost or fair value | 7,770,000 | 6,045,000 | 6,170,000 | 9,000,000 | 301,551,000 | 20,000,000 | 673,991,000 | 622,330,000 | 612,795,000 | 557,877,000 | 541,447,000 | 479,690,000 | 447,087,000 | 408,355,000 | 1,212,065,000 | 981,985,000 | 908,778,000 | 758,437,000 | 646,420,000 | 613,126,000 | 66,680,000 | 63,202,000 | 142,695,000 | 122,382,000 | ||||||||||||||||||||||||||||||||||||||||||||
loans held for investment, at amortized cost | 12,226,915,000 | 11,636,815,000 | 11,183,408,000 | 10,668,844,000 | 10,041,653,000 | 9,837,962,000 | 9,623,119,000 | 9,130,933,000 | 9,129,176,000 | 8,915,656,000 | 9,011,820,000 | 8,817,783,000 | 8,911,475,000 | 8,481,310,000 | 8,314,096,000 | 7,758,286,000 | 7,796,712,000 | 7,341,912,000 | 7,261,933,000 | 6,825,061,000 | 6,469,997,000 | 5,789,391,000 | 5,390,977,000 | 4,998,526,000 | 4,760,046,000 | 4,480,511,000 | 3,884,636,000 | 3,916,127,000 | 3,866,844,000 | 3,873,755,000 | 3,804,966,000 | 3,665,984,000 | 3,432,091,000 | 3,379,884,000 | 3,148,742,000 | 3,153,012,000 | 3,082,378,000 | 2,833,461,000 | 2,435,652,000 | 2,397,485,000 | 2,212,211,000 | 1,503,559,000 | 1,367,948,000 | 1,341,250,000 | 1,275,322,000 | 1,241,311,000 | 1,189,224,000 | 1,168,995,000 | 1,093,559,000 | 90,674,000 | 88,498,000 | 96,057,000 | 90,823,000 | 85,706,000 | 38,360,000 | 718,845,000 | 630,615,000 | 640,864,000 | 636,637,000 | |||||||||
loans held for investment in consolidated trusts, at amortized cost | 2,275,254,000 | 2,005,680,000 | 2,038,283,000 | 1,718,440,000 | 1,761,355,000 | 1,409,397,000 | 1,432,261,000 | 1,422,854,000 | 1,448,180,000 | 1,468,357,000 | 1,211,576,000 | 1,120,403,000 | 834,941,000 | 888,200,000 | 948,623,000 | 977,372,000 | 1,077,993,000 | 1,174,525,000 | 1,287,045,000 | 1,276,407,000 | 1,436,090,000 | 1,540,689,000 | 1,600,917,000 | 1,526,718,000 | 1,563,223,000 | 1,566,330,000 | 1,483,135,000 | 1,443,246,000 | 1,441,718,000 | 1,399,827,000 | 1,329,212,000 | 1,240,624,000 | 1,208,950,000 | 1,132,966,000 | 612,567,000 | 512,559,000 | 457,117,000 | 692,478,000 | 563,855,000 | 559,048,000 | 561,682,000 | 563,575,000 | 568,307,000 | 596,218,000 | 1,073,367,000 | 1,121,559,000 | 1,138,317,000 | 1,182,408,000 | 1,214,249,000 | 1,265,663,000 | 1,292,716,000 | 1,332,624,000 | 1,789,026,000 | |||||||||||||||
allowance for losses | -29,956,000 | -25,056,000 | -23,223,000 | -19,951,000 | -16,500,000 | -14,288,000 | -16,031,000 | -16,614,000 | -16,748,000 | -15,673,000 | -15,089,000 | -13,002,000 | -12,403,000 | -13,570,000 | -14,041,000 | -14,294,000 | -14,000,000 | -14,807,000 | -13,832,000 | -15,821,000 | -14,939,000 | -14,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||
total loans, net of allowance | 14,479,983,000 | 13,623,484,000 | 13,204,638,000 | 12,367,333,000 | 11,786,508,000 | 11,233,071,000 | 11,039,349,000 | 10,537,173,000 | 10,560,608,000 | 10,368,340,000 | 10,208,307,000 | 9,925,184,000 | 9,734,013,000 | 9,364,940,000 | 9,248,678,000 | 9,022,915,000 | 8,860,705,000 | 8,501,630,000 | 8,535,146,000 | 8,105,647,000 | 7,891,148,000 | 7,315,224,000 | 6,981,440,000 | 6,517,220,000 | 6,316,005,000 | 6,040,088,000 | 5,360,900,000 | 5,352,584,000 | 5,302,197,000 | 5,266,786,000 | 5,127,770,000 | 4,900,470,000 | 4,635,230,000 | 4,507,435,000 | 3,756,534,000 | 3,659,632,000 | 3,533,555,000 | 3,520,075,000 | 2,992,638,000 | 2,949,165,000 | 2,765,926,000 | 2,729,774,000 | 2,549,535,000 | 2,540,902,000 | 2,895,985,000 | 2,894,156,000 | 2,796,532,000 | 2,787,437,000 | 2,705,079,000 | 2,558,599,000 | 2,353,757,000 | 2,327,964,000 | 2,629,144,000 | 727,234,000 | 649,676,000 | 774,596,000 | 691,488,000 | 781,967,000 | 757,368,000 | |||||||||
financial derivatives, at fair value | 30,650,000 | 27,867,000 | 27,789,000 | 49,197,000 | 53,686,000 | 31,433,000 | 37,478,000 | 28,855,000 | 26,824,000 | 25,099,000 | 37,409,000 | 49,968,000 | 30,011,000 | 26,329,000 | 19,139,000 | 15,668,000 | 16,224,000 | 18,370,000 | 17,468,000 | 12,837,000 | 16,588,000 | 12,692,000 | 10,519,000 | 5,589,000 | 7,560,000 | 6,053,000 | 8,007,000 | 8,011,000 | 5,142,000 | 7,093,000 | 2,020,000 | 5,546,000 | 2,674,000 | 23,182,000 | 7,027,000 | 7,455,000 | 4,808,000 | 4,177,000 | 19,676,000 | 23,164,000 | 26,254,000 | 31,173,000 | 36,190,000 | 36,894,000 | 39,119,000 | 40,250,000 | 46,254,000 | 43,976,000 | 39,449,000 | 41,492,000 | 52,471,000 | 37,121,000 | 21,170,000 | 21,099,000 | 15,452,000 | 27,069,000 | 3,395,000 | 3,184,000 | 10,903,000 | |||||||||
accrued interest receivable | 313,387,000 | 262,809,000 | 310,592,000 | 253,102,000 | 285,774,000 | 245,202,000 | 287,128,000 | 230,523,000 | 233,529,000 | 196,368,000 | 229,061,000 | 167,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
guarantee and commitment fees receivable | 49,706,000 | 49,888,000 | 50,499,000 | 46,077,000 | 46,754,000 | 48,130,000 | 49,832,000 | 49,809,000 | 46,181,000 | 46,670,000 | 47,151,000 | 46,347,000 | 44,388,000 | 45,021,000 | 45,538,000 | 39,038,000 | 37,261,000 | 35,878,000 | 37,113,000 | 36,664,000 | 36,612,000 | 37,521,000 | 38,442,000 | 39,136,000 | 38,809,000 | 39,913,000 | 40,178,000 | 39,915,000 | 39,997,000 | 39,895,000 | 36,679,000 | 37,083,000 | 38,748,000 | 38,871,000 | 40,160,000 | 37,847,000 | 38,342,000 | 41,786,000 | 43,496,000 | 43,074,000 | 42,359,000 | 41,789,000 | 37,740,000 | 38,122,000 | 31,255,000 | 31,384,000 | 30,247,000 | 31,824,000 | 31,916,000 | 34,752,000 | 34,058,000 | 36,579,000 | 34,195,000 | 54,472,000 | 56,083,000 | 61,109,000 | 60,385,000 | 55,623,000 | 55,725,000 | 57,804,000 | 55,287,000 | 57,026,000 | 43,198,000 | 40,743,000 | 34,988,000 | 25,784,000 | 20,139,000 | |
deferred tax asset | 3,707,000 | 1,544,000 | 8,470,000 | 4,711,000 | 3,302,000 | 7,961,000 | 18,004,000 | 18,978,000 | 25,971,000 | 24,910,000 | 15,558,000 | 11,084,000 | 10,200,000 | 18,321,000 | 29,288,000 | 38,790,000 | 47,842,000 | 16,510,000 | 23,803,000 | 10,543,000 | 3,994,000 | 2,048,000 | 4,293,000 | 3,688,000 | 5,085,000 | 12,291,000 | 48,409,000 | 23,130,000 | 14,750,000 | 33,391,000 | 17,226,000 | 11,331,000 | 3,123,000 | 3,591,000 | 12,735,000 | 14,530,000 | 10,405,000 | 20,081,000 | 15,150,000 | 39,820,000 | 87,793,000 | 55,073,000 | 34,477,000 | 48,747,000 | 30,239,000 | 16,410,000 | 8,945,000 | 10,090,000 | 6,886,000 | 5,006,000 | 950,000 | 1,647,000 | ||||||||||||||||
prepaid expenses and other assets | 121,193,000 | 87,138,000 | 128,786,000 | 94,186,000 | 173,468,000 | 145,094,000 | 132,954,000 | 213,971,000 | 214,413,000 | 154,994,000 | 263,927,000 | 183,368,000 | 129,267,000 | 102,199,000 | 45,318,000 | 21,822,000 | 20,573,000 | 31,582,000 | 24,545,000 | 43,531,000 | 47,035,000 | 61,133,000 | 20,693,000 | 16,227,000 | 62,220,000 | 66,629,000 | 45,236,000 | 67,305,000 | 43,308,000 | 29,023,000 | 96,780,000 | 6,249,000 | 4,001,000 | 86,322,000 | 58,454,000 | 46,584,000 | 53,327,000 | 55,413,000 | 15,875,000 | 28,347,000 | 39,967,000 | 66,709,000 | 59,932,000 | 77,104,000 | 15,283,000 | 21,530,000 | 9,708,000 | 9,445,000 | 5,950,000 | 20,297,000 | 40,987,000 | 43,057,000 | 23,644,000 | 52,399,000 | 62,049,000 | 117,561,000 | 107,689,000 | 5,170,000 | 11,072,000 | 3,900,000 | 4,060,000 | 5,001,000 | 5,007,000 | 6,727,000 | 5,607,000 | 6,321,000 | 10,816,000 | |
total assets | 32,995,909,000 | 31,803,939,000 | 31,324,742,000 | 30,615,221,000 | 30,194,314,000 | 29,772,191,000 | 29,524,382,000 | 28,311,381,000 | 27,659,565,000 | 27,939,947,000 | 27,333,110,000 | 26,441,588,000 | 25,916,403,000 | 25,789,414,000 | 25,145,491,000 | 24,744,368,000 | 24,181,245,000 | 24,013,911,000 | 24,355,501,000 | 23,998,837,000 | 23,932,656,000 | 23,180,110,000 | 21,709,374,000 | 21,315,234,000 | 20,738,160,000 | 19,797,777,000 | 18,474,034,000 | 18,626,771,000 | 18,397,236,000 | 17,792,274,000 | 17,690,238,000 | 17,267,385,000 | 15,931,757,000 | 15,606,020,000 | 14,853,845,000 | 15,144,597,000 | 14,849,685,000 | 14,287,821,000 | 13,085,007,000 | 12,935,951,000 | 12,892,672,000 | 12,622,201,000 | 12,502,481,000 | 12,050,414,000 | 12,311,411,000 | 11,883,508,000 | 11,430,507,000 | 10,444,828,000 | 9,955,612,000 | 9,479,914,000 | 8,222,742,000 | 7,099,490,000 | 7,479,165,000 | 6,138,813,000 | 5,733,731,000 | 5,322,684,000 | 5,107,307,000 | 4,658,688,000 | 6,064,390,000 | 5,506,014,000 | 4,977,613,000 | 5,425,983,000 | 5,277,108,000 | 5,275,762,000 | 4,953,673,000 | 4,892,700,000 | 4,473,336,000 | |
liabilities and equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable | 28,843,331,000 | 27,975,196,000 | 27,371,174,000 | 27,129,456,000 | 26,542,671,000 | 26,509,011,000 | 26,336,542,000 | 25,123,545,000 | 24,510,004,000 | 24,837,391,000 | 24,469,113,000 | 23,500,657,000 | 23,474,095,000 | 23,039,967,000 | 22,716,156,000 | 22,365,121,000 | 21,706,254,000 | 21,560,310,000 | 21,848,917,000 | 21,589,285,000 | 21,421,550,000 | 20,665,020,000 | ||||||||||||||||||||||||||||||||||||||||||||||
debt securities of consolidated trusts held by third parties | 2,157,962,000 | 1,894,920,000 | 1,929,628,000 | 1,616,513,000 | 1,662,549,000 | 1,325,289,000 | 1,351,069,000 | 1,334,014,000 | 1,357,763,000 | 1,374,332,000 | 1,181,948,000 | 1,090,539,000 | 866,107,000 | 895,145,000 | 981,379,000 | 990,961,000 | 1,120,293,000 | 1,188,521,000 | 1,323,786,000 | 1,292,416,000 | 1,476,964,000 | 1,549,527,000 | 1,616,504,000 | 1,532,401,000 | 1,570,862,000 | 1,567,195,000 | 1,486,733,000 | 1,449,888,000 | 1,463,653,000 | 1,404,945,000 | 1,333,417,000 | 1,249,627,000 | 1,212,792,000 | 1,142,704,000 | 612,994,000 | 516,004,000 | 457,903,000 | 424,214,000 | 178,076,000 | 168,488,000 | 167,250,000 | 167,621,000 | 163,909,000 | 184,499,000 | 656,801,000 | 701,583,000 | 713,546,000 | 755,357,000 | 781,971,000 | 827,411,000 | 849,430,000 | 882,629,000 | 1,337,331,000 | |||||||||||||||
accrued interest payable | 210,610,000 | 221,954,000 | 195,113,000 | 214,644,000 | 194,171,000 | 202,894,000 | 181,841,000 | 172,150,000 | 143,977,000 | 141,938,000 | 117,887,000 | 90,821,000 | 93,823,000 | 89,761,000 | 83,992,000 | 83,263,000 | 82,060,000 | 85,216,000 | 92,738,000 | 92,648,000 | 100,134,000 | 104,380,000 | 106,959,000 | 104,340,000 | 108,129,000 | 94,420,000 | 87,435,000 | 88,506,000 | 71,348,000 | 75,402,000 | 61,804,000 | 63,960,000 | 46,845,000 | 49,700,000 | 37,830,000 | 50,183,000 | 36,383,000 | 48,355,000 | 37,460,000 | 52,733,000 | 35,474,000 | 51,779,000 | 35,487,000 | 54,997,000 | 41,837,000 | 60,854,000 | 48,998,000 | 56,152,000 | 42,855,000 | 57,131,000 | 45,094,000 | 52,913,000 | 47,530,000 | 37,388,000 | 38,759,000 | 40,470,000 | 32,520,000 | 47,933,000 | 33,731,000 | 50,004,000 | 39,501,000 | 54,986,000 | 40,489,000 | 36,125,000 | 25,444,000 | 29,034,000 | 22,554,000 | |
guarantee and commitment obligation | 47,476,000 | 47,679,000 | 48,326,000 | 43,939,000 | 44,758,000 | 45,866,000 | 47,563,000 | 47,607,000 | 45,873,000 | 46,114,000 | 46,582,000 | 45,726,000 | 42,990,000 | 43,285,000 | 43,926,000 | 37,526,000 | 35,827,000 | 34,403,000 | 35,535,000 | 35,140,000 | 35,162,000 | 35,939,000 | 36,700,000 | 37,449,000 | 37,246,000 | 38,288,000 | 38,597,000 | 38,428,000 | 38,487,000 | 38,400,000 | 35,316,000 | 35,814,000 | 36,802,000 | 37,282,000 | 38,253,000 | 36,417,000 | 36,537,000 | 37,925,000 | 40,106,000 | 39,027,000 | 38,905,000 | 37,803,000 | 34,393,000 | 34,051,000 | 28,036,000 | 27,440,000 | 26,903,000 | 27,628,000 | 28,668,000 | 30,308,000 | 30,922,000 | 32,762,000 | 31,039,000 | 48,811,000 | 50,572,000 | 54,954,000 | 55,582,000 | 50,631,000 | 51,541,000 | 52,130,000 | 50,700,000 | 51,978,000 | 39,665,000 | 35,359,000 | 31,109,000 | 21,685,000 | 16,998,000 | |
accounts payable and accrued expenses | 136,906,000 | 71,232,000 | 212,527,000 | 81,697,000 | 125,267,000 | 74,821,000 | 76,662,000 | 58,776,000 | 65,036,000 | 79,188,000 | 68,863,000 | 295,758,000 | 97,380,000 | 420,998,000 | 79,427,000 | 42,566,000 | 30,138,000 | 36,770,000 | 28,879,000 | 18,078,000 | 24,167,000 | 74,412,000 | 22,081,000 | 31,878,000 | 31,454,000 | 59,433,000 | 260,753,000 | 67,295,000 | 25,641,000 | 14,096,000 | 19,971,000 | 60,407,000 | 18,234,000 | 9,415,000 | 26,450,000 | 245,785,000 | 31,433,000 | 81,252,000 | 67,386,000 | 9,378,000 | 350,578,000 | 13,710,000 | 12,915,000 | 18,533,000 | 22,618,000 | 178,708,000 | 26,863,000 | 21,781,000 | 74,368,000 | 22,113,000 | 20,239,000 | 19,397,000 | 12,094,000 | 44,979,000 | 20,839,000 | 20,532,000 | 24,780,000 | 12,134,000 | 8,841,000 | 20,069,000 | 9,081,000 | 18,587,000 | 15,785,000 | 12,828,000 | 9,730,000 | 13,277,000 | 45,089,000 | |
reserve for losses | 1,620,000 | 1,521,000 | 1,622,000 | 1,523,000 | 1,694,000 | 1,642,000 | 1,711,000 | 1,660,000 | 1,705,000 | 1,636,000 | 1,433,000 | 1,510,000 | 1,677,000 | 1,840,000 | 1,950,000 | 2,000,000 | 2,111,000 | 2,333,000 | 3,277,000 | 3,568,000 | 3,020,000 | 3,420,000 | 2,164,000 | 1,743,000 | 1,880,000 | 2,038,000 | 2,147,000 | 2,249,000 | 2,091,000 | 2,070,000 | 2,080,000 | 1,966,000 | 1,827,000 | 2,020,000 | 5,498,000 | 4,637,000 | 3,491,000 | 4,263,000 | 6,573,000 | 6,110,000 | 6,285,000 | 5,539,000 | 8,736,000 | 8,779,000 | 7,385,000 | 7,355,000 | 6,991,000 | 7,443,000 | 8,378,000 | 10,312,000 | 9,575,000 | 9,470,000 | 6,427,000 | 7,585,000 | 7,496,000 | 5,506,000 | 2,106,000 | 2,197,000 | 2,197,000 | 2,197,000 | 2,197,000 | 2,197,000 | 2,197,000 | 2,610,000 | 2,875,000 | 3,518,000 | 2,931,000 | |
total liabilities | 31,451,602,000 | 30,278,293,000 | 29,835,716,000 | 29,152,877,000 | 28,693,335,000 | 28,291,848,000 | 28,112,519,000 | 26,926,114,000 | 26,313,010,000 | 26,647,562,000 | 26,061,152,000 | 25,209,565,000 | 24,704,055,000 | 24,596,570,000 | 23,941,078,000 | 23,547,070,000 | 23,001,030,000 | 22,936,419,000 | 23,363,024,000 | 23,068,492,000 | 23,108,540,000 | 22,486,493,000 | 20,910,098,000 | 20,564,975,000 | 19,964,418,000 | 19,034,479,000 | 17,696,443,000 | 17,860,559,000 | 17,651,970,000 | 17,084,128,000 | 16,996,072,000 | 16,586,456,000 | 15,265,735,000 | 14,962,373,000 | 14,313,299,000 | 14,568,304,000 | 14,267,185,000 | 13,505,992,000 | 12,479,759,000 | 12,333,630,000 | 12,263,844,000 | 12,029,239,000 | 11,902,168,000 | 11,468,386,000 | 11,734,555,000 | 11,328,975,000 | 10,883,446,000 | 9,924,221,000 | 9,467,169,000 | 9,001,037,000 | 7,727,374,000 | 6,626,012,000 | 7,032,076,000 | 5,798,406,000 | 5,384,550,000 | 5,039,170,000 | 4,947,743,000 | 4,487,760,000 | 5,826,899,000 | 5,306,051,000 | 4,754,020,000 | 5,173,854,000 | 5,020,484,000 | 5,028,133,000 | 4,705,184,000 | 4,647,859,000 | 4,219,173,000 | |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series d, par value 25 per share, 4,000,000 shares authorized, issued and outstanding | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | 96,659,000 | |||||||||||||||||||||||||||||||||||||||||||
series e, par value 25 per share, 3,180,000 shares authorized, issued and outstanding | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | 77,003,000 | |||||||||||||||||||||||||||||||||||||||||||||||
series f, par value 25 per share, 4,800,000 shares authorized, issued and outstanding | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | 116,160,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
series g, par value 25 per share, 5,000,000 shares authorized, issued and outstanding | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | 121,327,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
common stock: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting, 1 par value, no maximum authorization, 1,030,780 shares outstanding | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | ||||||||||||||||
class b voting, 1 par value, no maximum authorization, 500,301 shares outstanding | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | ||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,402,503 shares and 9,360,083 shares outstanding, respectively | 9,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 136,248,000 | 134,500,000 | 135,894,000 | 135,225,000 | 134,143,000 | 133,576,000 | 132,919,000 | 130,921,000 | 130,147,000 | 130,004,000 | 128,939,000 | 128,117,000 | 127,569,000 | 127,103,000 | 125,993,000 | 124,942,000 | 124,148,000 | 123,718,000 | 122,899,000 | 121,525,000 | 120,856,000 | 120,412,000 | 119,304,000 | 118,720,000 | 118,942,000 | 118,841,000 | 118,183,000 | 117,684,000 | 118,208,000 | 118,979,000 | 119,130,000 | 118,937,000 | 118,386,000 | 118,655,000 | 117,077,000 | 116,098,000 | 114,364,000 | 113,559,000 | 109,675,000 | 109,001,000 | 108,386,000 | 106,617,000 | 104,869,000 | 104,019,000 | 104,210,000 | 102,821,000 | 101,809,000 | 101,097,000 | 100,450,000 | 100,050,000 | 99,468,000 | 98,925,000 | 97,861,000 | 96,547,000 | 95,961,000 | 95,572,000 | 96,194,000 | 92,669,000 | 87,784,000 | 87,134,000 | 91,602,000 | 88,904,000 | 83,364,000 | 85,349,000 | 83,730,000 | 83,740,000 | 83,962,000 | |
accumulated other comprehensive loss, net of tax | -17,665,000 | -1,808,000 | -12,147,000 | -2,554,000 | -9,141,000 | -4,118,000 | -40,145,000 | -35,839,000 | -34,351,000 | -59,862,000 | -13,923,000 | -53,837,000 | -91,497,000 | -121,437,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 1,003,641,000 | 970,872,000 | 943,239,000 | 907,639,000 | 880,565,000 | 855,485,000 | 823,716,000 | 794,814,000 | 755,392,000 | 726,892,000 | 698,530,000 | 672,164,000 | 638,935,000 | 610,087,000 | 579,270,000 | 558,853,000 | 544,038,000 | 528,068,000 | 509,560,000 | 488,717,000 | 478,647,000 | 455,545,000 | 457,047,000 | 435,479,000 | 428,569,000 | 407,755,000 | 379,979,000 | 359,692,000 | 339,538,000 | 322,704,000 | 318,869,000 | 304,201,000 | 290,530,000 | 275,714,000 | 225,386,000 | 221,477,000 | 201,081,000 | 201,013,000 | 157,699,000 | 143,589,000 | 117,143,000 | 102,243,000 | 93,712,000 | 78,382,000 | 83,719,000 | 62,554,000 | 49,749,000 | 73,299,000 | 68,645,000 | 50,837,000 | 38,860,000 | 33,377,000 | 32,066,000 | 9,987,000 | 117,137,000 | 96,708,000 | 94,357,000 | 113,353,000 | 124,146,000 | 109,274,000 | 112,577,000 | 107,659,000 | 120,199,000 | 118,810,000 | ||||
total equity | 1,544,307,000 | 1,525,646,000 | 1,489,026,000 | 1,462,344,000 | 1,500,979,000 | 1,480,343,000 | 1,411,863,000 | 1,385,267,000 | 1,346,555,000 | 1,292,385,000 | 1,271,958,000 | 1,232,023,000 | 1,212,348,000 | 1,192,844,000 | 1,204,413,000 | 1,197,298,000 | 1,180,215,000 | 1,077,492,000 | 992,477,000 | 930,345,000 | 824,116,000 | 693,617,000 | 799,276,000 | 750,259,000 | 773,742,000 | 763,298,000 | 777,591,000 | 766,212,000 | 745,266,000 | 708,146,000 | 694,166,000 | 680,929,000 | 666,022,000 | 643,647,000 | 540,546,000 | 576,293,000 | 582,500,000 | 781,829,000 | 605,248,000 | 602,321,000 | 628,828,000 | 592,962,000 | 600,313,000 | 582,028,000 | 576,856,000 | 554,533,000 | 547,061,000 | 520,607,000 | 488,443,000 | 478,877,000 | 495,368,000 | 473,478,000 | 447,089,000 | |||||||||||||||
total liabilities and equity | 32,995,909,000 | 31,803,939,000 | 31,324,742,000 | 30,615,221,000 | 30,194,314,000 | 29,772,191,000 | 29,524,382,000 | 28,311,381,000 | 27,659,565,000 | 27,939,947,000 | 27,333,110,000 | 26,441,588,000 | 25,916,403,000 | 25,789,414,000 | 25,145,491,000 | 24,744,368,000 | 24,181,245,000 | 24,013,911,000 | 24,355,501,000 | 23,998,837,000 | 23,932,656,000 | 23,180,110,000 | 21,709,374,000 | 21,315,234,000 | 20,738,160,000 | 19,797,777,000 | 18,474,034,000 | 18,626,771,000 | 18,397,236,000 | 17,792,274,000 | 17,690,238,000 | 17,267,385,000 | 15,931,757,000 | 15,606,020,000 | 14,853,845,000 | 15,144,597,000 | 14,849,685,000 | 14,287,821,000 | 13,085,007,000 | 12,935,951,000 | 12,892,672,000 | 12,622,201,000 | 12,502,481,000 | 12,050,414,000 | 12,311,411,000 | 11,883,508,000 | 11,430,507,000 | 10,444,828,000 | 9,955,612,000 | |||||||||||||||||||
deferred tax liability | 2,402,000 | 754,000 | 3,804,000 | 3,795,000 | 521,000 | 4,586,000 | 2,832,000 | 4,227,000 | 9,423,000 | 5,873,000 | 2,927,000 | 5,790,000 | 250,000 | 1,871,000 | 2,441,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,401,649 shares and 9,360,083 shares outstanding, respectively | 9,402,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 25 per share, 3,000,000 shares authorized, issued and outstanding as of december 31, 2023 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,360,083 shares and 9,310,872 shares outstanding, respectively | 9,360,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,354,301 shares and 9,310,872 shares outstanding, respectively | 9,354,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 25 per share, 3,000,000 shares authorized, issued and outstanding | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | 73,382,000 | ||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,350,240 shares and 9,310,872 shares outstanding, respectively | 9,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,337,894 shares and 9,310,872 shares outstanding, respectively | 9,338,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,310,872 shares and 9,270,265 shares outstanding, respectively | 9,311,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,309,351 shares and 9,270,265 shares outstanding, respectively | 9,309,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,305,477 shares and 9,270,265 shares outstanding, respectively | 9,305,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,288,482 shares and 9,270,265 shares outstanding, respectively | 9,289,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,270,265 shares and 9,235,205 shares outstanding, respectively | 9,270,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss)/income, net of tax | -50,843,000 | -63,589,000 | -49,484,000 | -39,665,000 | -16,161,000 | -17,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,269,367 shares and 9,235,205 shares outstanding, respectively | 9,269,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest receivable | 177,956,000 | 148,228,000 | 177,355,000 | 144,078,000 | 161,282,000 | 141,764,000 | 186,429,000 | 153,170,000 | 175,659,000 | 154,836,000 | 199,195,000 | 158,720,000 | 184,693,000 | 143,877,000 | 135,677,000 | 156,194,000 | 114,070,000 | 155,278,000 | 110,175,000 | 126,509,000 | 85,522,000 | 122,782,000 | 73,963,000 | 101,127,000 | 66,312,000 | 104,550,000 | 70,625,000 | 94,181,000 | 66,535,000 | 103,414,000 | 70,128,000 | 96,049,000 | 73,622,000 | 110,339,000 | 79,579,000 | 88,852,000 | 65,576,000 | 90,295,000 | 67,424,000 | 72,616,000 | 64,794,000 | 56,206,000 | 53,796,000 | 73,058,000 | 57,701,000 | 76,436,000 | 58,648,000 | 91,939,000 | 60,028,000 | 82,866,000 | 56,138,000 | 73,545,000 | 52,344,000 | 63,652,000 | 43,344,000 | |||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,265,842 shares and 9,235,205 shares outstanding, respectively | 9,266,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,256,596 shares and 9,235,205 shares outstanding, respectively | 9,257,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,235,205 shares and 9,205,897 shares outstanding, respectively | 9,235,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income/(loss), net of tax | 3,853,000 | 18,206,000 | 16,733,000 | 51,744,000 | 33,758,000 | 15,533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,234,778 shares and 9,205,897 shares outstanding, respectively | 9,235,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,234,311 shares and 9,205,897 shares outstanding, respectively | 9,234,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,227,132 shares and 9,205,897 shares outstanding, respectively | 9,227,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, par value 25 per share, 2,400,000 shares authorized, issued and outstanding as of december 31, 2019 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,205,897 shares and 9,180,744 shares outstanding, respectively | 9,206,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,204,724 shares and 9,180,744 shares outstanding, respectively | 9,205,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, par value 25 per share, 2,400,000 shares authorized, issued and outstanding | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | 58,333,000 | |||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,201,623 shares and 9,180,744 shares outstanding, respectively | 9,202,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,192,047 shares and 9,180,744 shares outstanding, respectively | 9,192,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for loan losses | -10,454,000 | -8,024,000 | -7,264,000 | -6,753,000 | -6,871,000 | -6,789,000 | -6,365,000 | -6,796,000 | -6,408,000 | -6,138,000 | -5,811,000 | -5,415,000 | -4,775,000 | -5,939,000 | -5,940,000 | -5,864,000 | -6,869,000 | -7,368,000 | -7,967,000 | -11,351,000 | -9,050,000 | -9,361,000 | -10,581,000 | -10,161,000 | -10,699,000 | -11,053,000 | -11,084,000 | -9,803,000 | -9,442,000 | -9,495,000 | -9,142,000 | -4,892,000 | -1,810,000 | -10,929,000 | -2,329,000 | -1,592,000 | -1,651,000 | -1,690,000 | -1,701,000 | -1,681,000 | -1,730,000 | -1,945,000 | -2,209,000 | -3,883,000 | ||||||||||||||||||||||||
real estate owned, at lower of cost or fair value | 1,770,000 | 1,770,000 | 1,770,000 | 1,253,000 | 128,000 | 56,000 | 123,000 | 139,000 | 1,086,000 | 1,374,000 | 5,456,000 | 1,528,000 | 1,402,000 | 750,000 | 421,000 | 421,000 | 2,880,000 | 2,841,000 | 4,417,000 | 3,985,000 | 3,453,000 | 2,460,000 | 3,136,000 | 3,136,000 | 3,898,000 | 4,067,000 | 2,881,000 | 1,992,000 | 3,434,000 | 4,023,000 | 3,132,000 | 10,637,000 | 41,561,000 | 606,000 | 590,000 | 590,000 | 590,000 | |||||||||||||||||||||||||||||||
notes payable: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due within one year | 10,019,082,000 | 9,885,633,000 | 9,939,589,000 | 8,571,615,000 | 7,378,927,000 | 7,774,301,000 | 7,896,359,000 | 8,089,826,000 | 8,112,928,000 | 7,859,059,000 | 7,616,431,000 | 8,440,123,000 | 8,280,087,000 | 7,632,668,000 | 7,957,193,000 | 7,353,953,000 | 7,021,678,000 | 6,785,164,000 | 6,543,973,000 | 6,567,366,000 | 6,775,226,000 | 6,482,817,000 | 6,493,888,000 | 6,087,879,000 | 5,831,259,000 | 5,201,832,000 | 4,626,382,000 | 4,509,419,000 | 3,645,811,000 | 3,226,745,000 | 3,404,475,000 | 3,662,898,000 | 3,155,589,000 | 3,262,856,000 | 3,757,099,000 | 3,642,228,000 | 5,006,317,000 | 4,061,661,000 | 3,829,698,000 | 4,106,774,000 | 3,594,063,000 | 3,533,771,000 | 3,298,097,000 | 3,366,472,000 | 2,771,106,000 | |||||||||||||||||||||||
due after one year | 9,079,566,000 | 8,940,989,000 | 8,247,829,000 | 8,679,287,000 | 8,419,424,000 | 8,416,896,000 | 8,127,594,000 | 7,432,790,000 | 7,399,961,000 | 7,281,509,000 | 6,300,750,000 | 5,222,977,000 | 5,217,307,000 | 6,013,237,000 | 5,648,752,000 | 5,471,186,000 | 5,037,035,000 | 5,173,667,000 | 4,978,118,000 | 5,034,739,000 | 4,700,680,000 | 4,519,192,000 | 4,334,977,000 | 4,104,882,000 | 4,060,382,000 | 3,744,877,000 | 3,806,727,000 | 3,430,656,000 | 2,979,147,000 | 2,269,421,000 | 2,082,578,000 | 1,908,713,000 | 1,962,591,000 | 1,535,362,000 | 887,999,000 | 664,874,000 | 651,267,000 | 1,045,193,000 | 744,649,000 | 937,241,000 | 1,279,250,000 | 1,370,667,000 | 1,296,691,000 | 1,187,827,000 | 1,336,215,000 | |||||||||||||||||||||||
total notes payable | 19,098,648,000 | 18,826,622,000 | 18,187,418,000 | 17,250,902,000 | 15,798,351,000 | 16,191,197,000 | 16,023,953,000 | 15,522,616,000 | 15,512,889,000 | 15,140,568,000 | 13,917,181,000 | 13,663,100,000 | 13,497,394,000 | 13,645,905,000 | 13,605,945,000 | 12,825,139,000 | 12,058,713,000 | 11,958,831,000 | 11,522,091,000 | 11,602,105,000 | 11,475,906,000 | 11,002,009,000 | 10,828,865,000 | 10,192,761,000 | 9,891,641,000 | 8,946,709,000 | 8,433,109,000 | 7,940,075,000 | 6,624,958,000 | 5,496,166,000 | 5,487,053,000 | 5,118,180,000 | 4,798,218,000 | 4,645,098,000 | 4,307,102,000 | 5,657,584,000 | 5,106,854,000 | 4,574,347,000 | 5,044,015,000 | 4,873,313,000 | 4,904,438,000 | 4,594,788,000 | 4,554,299,000 | 4,107,321,000 | ||||||||||||||||||||||||
series b, par value 25 per share, 3,000,000 shares authorized, issued and outstanding as of december 31, 2018 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,180,744 shares and 9,137,550 shares outstanding, respectively | 9,181,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,179,053 shares and 9,137,550 shares outstanding, respectively | 9,179,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax | -43,024,000 | -12,843,000 | 21,254,000 | 64,001,000 | 73,410,000 | 72,111,000 | 51,085,000 | 40,795,000 | 42,428,000 | 41,544,000 | 22,733,000 | 51,184,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,168,893 shares and 9,137,550 shares outstanding, respectively | 9,169,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b, par value 25 per share, 3,000,000 shares authorized, issued and outstanding | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | 73,044,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,157,841 shares and 9,137,550 shares outstanding, respectively | 9,158,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments and cash equivalents | 18,707,000 | 15,123,000 | 12,095,000 | 11,463,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
farmer mac guaranteed securities and usda securities | 85,411,000 | 76,870,000 | 74,179,000 | 62,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans | 51,397,000 | 50,622,000 | 49,396,000 | 45,653,000 | 753,720,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest income | 155,515,000 | 142,615,000 | 135,670,000 | 119,546,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total interest expense | 114,916,000 | 97,557,000 | 91,737,000 | 76,317,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income | 40,599,000 | 45,058,000 | 43,933,000 | 43,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of loan losses | 264,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after release of loan losses | 40,863,000 | 43,660,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
guarantee and commitment fees | 3,513,000 | 3,490,000 | 3,481,000 | 3,499,000 | 31,805,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on financial derivatives | -360,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on trading securities | 44,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 493,000 | 365,000 | 320,000 | 574,000 | 1,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest income | 3,690,000 | 4,439,000 | 6,380,000 | 239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
compensation and employee benefits | 7,606,000 | 6,777,000 | 6,936,000 | 6,654,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 4,596,000 | 4,350,000 | 5,202,000 | 4,326,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
regulatory fees | 688,000 | 625,000 | 625,000 | 625,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate owned operating costs | 16,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(release of)/benefit from reserve for losses | -129,000 | -102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest expense | 12,761,000 | 11,650,000 | 12,921,000 | 11,642,000 | 29,692,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 31,792,000 | 37,748,000 | 36,968,000 | 32,257,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | 6,622,000 | 7,979,000 | 7,332,000 | 6,438,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to farmer mac | 25,170,000 | 29,769,000 | 29,636,000 | 25,819,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock dividends | -3,296,000 | -3,295,000 | -3,296,000 | -3,295,000 | -17,302,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stockholders | 21,874,000 | 26,474,000 | 26,340,000 | 22,524,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings per common share | 2,050 | 2,480 | 2,470 | 2,120 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings per common share | 2,030 | 2,460 | 2,450 | 2,100 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,137,500 shares and 9,087,670 shares outstanding, respectively | 9,138,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from loan losses | -99,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after benefit from loan losses | 44,959,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains/(losses) on financial derivatives and hedging activities | 628,000 | 2,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(losses)/gains on trading securities | -3,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sale of available-for-sale investment securities | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(losses)/gains on sale of real estate owned | -41,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 29,769,000 | 29,636,000 | 25,819,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to non-controlling interest | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share and dividends: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock dividends per common share | 580 | 580 | 580 | 200 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,136,194 shares and 9,087,670 shares outstanding, respectively | 9,136,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(benefit from)/release of loan losses | -424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after/release of loan losses | 43,509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains/(losses) on trading securities | 11,000 | 16,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on sale of real estate owned | 34,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from/(release of) reserve for losses | 158,000 | 21,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,119,416 shares and 9,087,670 shares outstanding, respectively | 9,119,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
release of/(benefit from) loan losses | 431,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(losses)/gains on financial derivatives and hedging activities | -3,850,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
losses on sale of real estate owned | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,087,670 shares and 9,007,481 shares outstanding, respectively | 9,088,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders' equity | 708,146,000 | 694,166,000 | 680,929,000 | 665,815,000 | 643,425,000 | 540,351,000 | 576,106,000 | 582,325,000 | 545,801,000 | 363,395,000 | 360,468,000 | 386,975,000 | 351,109,000 | 358,460,000 | 340,175,000 | 335,003,000 | 312,680,000 | 305,208,000 | 278,754,000 | 246,590,000 | 237,024,000 | 253,515,000 | 231,625,000 | 205,236,000 | 204,965,000 | 139,298,000 | 15,348,000 | 109,889,000 | 237,491,000 | 199,963,000 | 223,593,000 | 252,129,000 | 256,624,000 | 247,629,000 | 248,489,000 | 244,841,000 | 254,163,000 | |||||||||||||||||||||||||||||||
non-controlling interest | 207,000 | 222,000 | 195,000 | 187,000 | 175,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,082,335 shares and 9,007,481 shares outstanding, respectively | 9,082,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,072,644 shares and 9,007,481 shares outstanding, respectively | 9,073,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,065,194 shares and 9,007,481 shares outstanding, respectively | 9,065,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,007,481 shares and 9,155,661 shares outstanding, respectively | 9,008,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,412,379 shares and 9,406,267 shares outstanding, respectively | 9,412,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,508,000 shares and 9,406,267 shares outstanding, respectively | 9,508,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,406,392 shares and 9,406,267 shares outstanding, respectively | 9,406,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,406,267 shares and 9,354,804 shares outstanding, respectively | 9,406,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-controlling interest - preferred stock | 236,028,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | 241,853,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
usda guaranteed securities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total usda guaranteed securities | 1,629,010,000 | 1,617,356,000 | 1,656,431,000 | 1,590,783,000 | 1,590,628,000 | 1,565,463,000 | 1,513,099,000 | 1,491,905,000 | 1,426,398,000 | 1,369,471,000 | 1,338,101,000 | 1,317,444,000 | 1,325,440,000 | 1,266,920,000 | 1,189,667,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 1,000 per share, 100,000 shares authorized, 57,578 shares issued and outstanding | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | 57,578,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,328,968 shares and 9,171,343 shares outstanding, respectively | 9,329,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income, net of tax, related to available-for-sale securities | 26,828,000 | 38,721,000 | 92,359,000 | 73,969,000 | 91,805,000 | 89,713,000 | 79,123,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,292,942 shares and 9,171,343 shares outstanding, respectively | 9,293,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,223,342 shares and 9,171,343 shares outstanding, respectively | 9,223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,171,343 shares and 8,825,794 shares outstanding, respectively | 9,171,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,964,819 shares and 8,825,794 shares outstanding, respectively | 8,965,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,952,428 shares and 8,825,794 shares outstanding, respectively | 8,952,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,841,643 shares and 8,825,794 shares outstanding, respectively | 8,842,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,825,794 shares and 8,752,711 shares outstanding as of december 31, 2011 and 2010, respectively | 8,826,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 79,370,000 | 85,715,000 | 36,436,000 | 9,616,000 | 18,275,000 | 47,332,000 | 31,469,000 | 7,587,000 | 1,770,000 | 9,735,000 | 4,956,000 | 7,838,000 | 5,075,000 | 5,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,825,594 shares outstanding as of september 30, 2011 and 8,752,711 shares outstanding as of december 31, 2010 | 8,826,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 1,000 per share, 100,000 shares authorized, 57,578 shares issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
and outstanding | 57,578,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,812,500 shares outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of june 30, 2011 and 8,752,711 shares outstanding as of december 31, 2010 | 8,813,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,770,092 shares outstanding as of march 31, 2011 and 8,752,711 shares outstanding as of december 31, 2010 | 8,770,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock, par value 1,000 per share, 150,000 shares authorized, issued and outstanding as of december 31, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,752,711 shares outstanding as of december 31, 2010 and 8,610,918 shares outstanding as of december 31, 2009 | 8,753,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and equity | 9,479,914,000 | 8,222,742,000 | 7,099,490,000 | 7,479,165,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,746,123 shares outstanding as of september 30, 2010 and 8,610,918 shares outstanding as of december 31, 2009 | 8,746,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 1,000 per share, 100,000 shares authorized, 57,578 issued and outstanding | 57,578,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,745,269 shares outstanding as of june 30, 2010 and 8,610,918 shares outstanding as of december 31, 2009 | 8,745,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock, par value 1,000, per share 150,000 shares authorized, issued and outstanding as of december 31, 2009 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, par value 1,000 per share, 100,000 shares authorized, 57,578 issued and outstanding as of march 31, 2010 and december 31, 2009 | 57,578,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting, 1 par value, no maximum authorization | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b voting, 1 par value, no maximum authorization | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization | 8,613,000 | 8,609,000 | 8,607,000 | 8,601,000 | 8,598,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investment securities | 1,131,895,000 | 2,624,366,000 | 2,677,885,000 | 2,464,097,000 | 2,273,679,000 | 1,830,904,000 | 1,896,260,000 | 2,007,895,000 | 1,884,011,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
farmer mac guaranteed securities | 3,398,996,000 | 1,298,823,000 | 1,294,143,000 | 1,313,426,000 | 1,314,564,000 | 1,330,418,000 | 1,315,801,000 | 1,303,921,000 | 1,297,401,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
mezzanine equity | 144,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders' equity | 196,191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
selected financial ratios: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return on average assets | 1,460 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
return on average common equity | 113,700 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average equity to assets | 1,880 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
average total equity to assets | 4,450 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
summary of operations: | 2,009,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net interest income after (provision)/recovery for loan losses | 83,055,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-interest income/ | 98,754,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains/(losses) on financial derivatives and trading assets | 64,570,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other-than-temporary impairment losses | -3,994,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on asset sales and debt repurchases | 4,934,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gains on the sale of real estate owned | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
representation and warranty claims income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income/(loss) before income taxes | 152,117,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense/ | 52,517,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income/ | 99,600,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income/(loss) available to common stockholders | 82,298,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
allowance for losses activity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision/(recovery) for losses | 5,242,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net charge-offs/ | 7,490,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ending balance | 14,187,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic earnings/(loss) per common share | 8,120 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted earnings/(loss) per common share | 8,040 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
regulatory capital: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
statutory minimum capital requirement | 216,959,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
core capital | 337,153,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
minimum capital surplus | 120,194,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities, mezzanine equity and stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock, par value 1,000, 150,000 shares authorized, issued and outstanding | 144,216,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, stated at redemption/liquidation value, 1,000 per share, 100,000 shares authorized, 57,000 and 9,200 issued and outstanding as of september 30, 2009 and december 31, 2008, respectively | 57,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income/ | 18,139,000 | -1,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings/ | 23,139,000 | 5,745,000 | -52,144,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities, mezzanine equity and stockholders' equity | 5,733,731,000 | 5,322,684,000 | 5,107,307,000 | 4,658,688,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock, par value 1,000,150,000 shares authorized, issued and outstanding | 144,216,000 | 144,216,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, stated at redemption/liquidation value, 1,000 per share, 75,000 shares authorized, 40,000 and 9,200 issued and outstanding as of june 30, 2009 and december 31, 2008, respectively | 40,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -12,546,000 | -47,412,000 | -41,421,000 | -17,337,000 | -29,393,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value, 50 per share, 700,000 shares authorized | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series c, stated at redemption/liquidation value, 1,000 per share, 75,000 shares authorized, 9,200 issued and outstanding | 9,200,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series b redeemable preferred stock, redemption/liquidation value of 1,000 per share, 65,000 shares authorized, issued and outstanding | 61,039,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value, 50 per share, 700,000 shares authorized, issued and outstanding | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | 35,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders' equity: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting, 1 par value, no maximum authorization, 1,030,780 shares issued and outstanding | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | 1,031,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b voting, 1 par value, no maximum authorization 500,301 shares issued and outstanding | 500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,491,482 and 8,363,580 shares issued and outstanding as of june 30, 2008 and december 31, 2007, respectively | 8,491,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders' equity | 6,064,390,000 | 5,506,014,000 | 4,977,613,000 | 5,425,983,000 | 5,277,108,000 | 5,275,762,000 | 4,953,673,000 | 4,892,700,000 | 4,473,336,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value,50 per share, 700,000 shares authorized, issued and outstanding | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b voting, 1 par value, no maximum authorization, 500,301 shares issued and outstanding | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,332,699 and 8,363,580 shares issued and outstanding as of march 31, 2008 and december 31, 2007, respectively | 8,333,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for sale | 118,629,000 | 100,503,000 | 92,944,000 | 77,990,000 | 71,621,000 | 63,981,000 | 54,801,000 | 39,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loans held for investment | 649,280,000 | 640,863,000 | 660,540,000 | 670,417,000 | 705,745,000 | 706,231,000 | 732,334,000 | 747,778,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
real estate owned | 590,000 | 604,000 | 1,799,000 | 2,097,000 | 2,097,000 | 1,039,000 | 1,039,000 | 2,655,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
financial derivatives | 2,288,000 | 5,475,000 | 19,884,000 | 7,382,000 | 9,218,000 | 9,050,000 | 23,040,000 | 16,332,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,363,580 and 9,075,862 shares issued and outstanding as of december 31, 2007 and 2006, respectively | 8,364,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (loss)/income | -2,793,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,873,112 and 9,075,862 shares issued and outstanding as of september 30, 2007 and december 31, 2006, respectively | 8,873,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,843,108 and 9,075,862 shares issued and outstanding as of june 30, 2007 and december 31, 2006, respectively | 8,843,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 8,724,785 and 9,075,862 shares issued and outstanding as of march 31, 2007 and december 31, 2006, respectively | 8,725,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
50 per share, 700,000 shares authorized, issued | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting, 1 par value, no maximum authorization, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
1,030,780 shares issued and outstanding | 1,031,000 | 1,031,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class b voting, 1 par value, no maximum authorization, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
500,301 shares issued and outstanding | 500,000 | 500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9,075,862 and 9,559,554 shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of december 31, 2006 and 2005, respectively | 9,076,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loan-s held for investment | 704,022,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value, 50 per share,700,000 shares authorized, issued and outstanding | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class a voting, 1 par value, no mazimum authorization, 1,030,780 shares issued and outstanding | 1,031,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
class c non-voting, 1 par value, no maximum authorization, 9,083,258 and 9,559,554 shares issued and outstanding as of september 30, 2006 and december 31, 2005, respectively | 9,083,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to condensed consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a, stated at redemption/liquidation value, 50 per share, | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
700,000 shares authorized, issued and outstanding | 35,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
9,570,301 and 9,559,554 shares issued and outstanding | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
as of march 31, 2006 and december 31, 2005, respectively | 9,570,000 |
We provide you with 20 years of balance sheets for Federal Agricultural Mortgage stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as asset and liabilities, payables and receivables, long debts and short debts, cash and inventories, expenses and profits. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Federal Agricultural Mortgage. Explore the full financial landscape of Federal Agricultural Mortgage stock with our expertly curated balance sheets.
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