7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2009-03-31 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 
      
    		                                                                      
      cash flows from operating activities:
    		                                                                      
      net income
    		55,003,000 54,837,000 49,651,000 56,514,000 49,828,000 47,105,000 53,746,000 47,619,000 58,137,000 47,212,000 47,035,000 43,418,000 40,993,000 45,896,000 47,837,000 36,684,000 31,063,000 31,286,000 33,227,000 34,700,000 25,492,000 35,626,000 12,830,000 32,498,000 17,833,000 34,045,000 25,170,000 29,769,000 29,636,000 25,819,000 20,006,000 21,782,000 20,634,000 21,895,000 21,729,000 11,618,000 25,339,000 18,614,000 -8,320,000 21,841,000 34,173,000 22,588,000 15,867,000 22,647,000 1,976,000 28,470,000 19,589,000 -16,766,000 11,437,000 24,590,000  12,263,000 8,090,000 13,589,000      -105,558,000   -8,740,000 -8,010,000 18,929,000 4,482,000 8,122,000 23,877,224 -5,583,224 5,597,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                                      
      net amortization of deferred gains, premiums, and discounts on loans, investments, farmer mac guaranteed securities, and usda securities
    		-5,385,000 -6,414,000 -4,781,000 -4,779,000 -5,843,000 -5,962,000 -7,295,000 -5,569,000 -5,383,000 -3,736,000 -2,337,000 -1,736,000 -363,000 906,000 1,913,000 3,683,000 4,012,000 4,686,000 4,933,000 4,543,000 2,705,000 1,272,000 -177,000 -2,367,000 -3,110,000 -2,718,000 -2,204,000 -823,000 1,227,000 309,000 38,000 1,167,000 353,000 181,000 -371,000 595,000 580,000 1,024,000                                 
      net amortization of debt premiums, discounts, and issuance costs
    		3,339,000                                                                      
      net change in fair value of trading securities, loans held for sale, hedged items, and financial derivatives
    		-40,639,000 -43,592,000 -108,740,000                                                                    
      (gains)/losses on sale of mortgage loans
    		                                                                      
      gains on the sale of available-for-sale investment securities
    		   0 0                                   0 -3,071,000 -2,000 10,000 0 0 -28,000 0 -74,000 -38,000 -157,000 -2,000                    
      losses on sale of real estate owned
    		0 0 69,000                               5,000                                     
      total benefit from/(release of) allowance for losses
    		7,433,000 7,812,000 1,583,000 3,872,000 3,258,000 6,230,000 -1,870,000 -575,000 -181,000 1,142,000 750,000            3,831,000                                                
      excess tax benefits related to stock-based awards
    		21,000 14,000 -659,000 384,000 226,000 341,000 -120,000 53,000 213,000 458,000 -201,000 14,000 151,000 73,000 -137,000 0 0 102,000 190,000 -19,000 54,000 33,000 -508,000 7,000 183,000 132,000 127,000 202,000 463,000 440,000 -310,000 338,000 153,000 679,000 1,274,000 0 128,000 26,000 -944,000 337,000 45,000 613,000 1,119,000 138,000 233,000 623,000 0 99,000 -250,000 394,000                     
      deferred income taxes
    		-2,770,000 -1,894,000 1,198,000 252,000 -4,801,000 1,345,000 2,688,000 -2,614,000 -1,014,000 -2,122,000 12,440,000 -2,414,000 11,055,000 1,549,000 2,216,000 -658,000 -1,275,000 -1,414,000 1,387,000 357,000 -509,000 1,093,000 -3,347,000 152,000 -5,237,000 2,972,000 2,902,000 4,207,000 -2,296,000 -161,000 1,311,000 -185,000 676,000 1,419,000 1,921,000 -3,475,000 6,718,000 -1,061,000 -17,379,000 283,000 8,125,000 1,992,000 -97,000 1,772,000 -8,847,000 5,190,000 1,795,000 -21,127,000 -5,393,000 5,786,000 -1,333,000 4,156,000 -3,636,000 289,000 -38,014,000 36,465,000 23,874,000 13,290,000 -29,062,000 -7,779,000 7,142,000 -10,679,000 -11,502,000 -3,357,000 783,000 -3,014,000 -19,000 2,189,499 302,501 -302,000 
      stock-based compensation expense
    		1,360,000 1,745,000 3,529,000 1,560,000 1,490,000 1,555,000 3,483,000 2,102,000 1,221,000 1,223,000 2,255,000 817,000 832,000 862,000 2,113,000 1,005,000 749,000 892,000 1,665,000 1,363,000 753,000 719,000 1,293,000 594,000 407,000 533,000 724,000 613,000 605,000 664,000 105,000 813,000 803,000 981,000 886,000 813,000 805,000 839,000 572,000 748,000 674,000 865,000 -293,000 921,000 844,000 956,000 675,000 764,000 775,000 715,000 586,000 680,000 748,000 760,000 535,000 616,000 889,000 654,000 -630,000 1,105,000 1,370,000 914,000 1,228,000 944,000 779,000 729,000 743,000 1,692,045 -425,045 426,000 
      purchases of loans held for sale
    		0                   0                       -57,626,000 -27,336,000 -58,972,000 -27,991,000 -61,999,000 -32,707,000 -38,893,000 -80,517,000 -257,238,000 -111,069,000 -165,263,000 -127,740,000 -41,914,000 -69,376,000 -37,901,000 -15,144,000 -23,064,000 -7,776,000 -22,261,000 -8,424,000 -19,038,000 -8,799,000 -11,694,000 -15,528,000 -11,010,000 -42,066,684 13,296,684 -13,328,000 
      proceeds from sale of loans held for sale
    		                                                                      
      proceeds from repayment of loans purchased as held for sale
    		16,408,000 2,655,000 19,928,000 914,000 14,738,000 795,000 12,769,000 5,014,000 1,250,000 754,000 17,360,000 2,225,000 13,705,000 2,353,000 15,028,000 2,224,000 14,682,000 4,688,000 25,374,000 4,709,000 19,310,000 14,677,000 20,674,000 9,338,000 21,618,000 4,568,000 18,671,000 14,181,000 27,379,000 34,699,000 15,711,000 22,409,000 6,582,000 25,928,000 -12,777,000 28,136,000 22,588,000 32,140,000 -50,963,000 72,834,000 10,746,000 66,095,000 7,558,000 65,759,000 31,283,000 46,873,000 12,630,000 32,349,000                       
      net change in:
    		                                                                      
      interest receivable
    		25,926,000 -53,197,000 43,542,000 -59,205,000 28,509,000 -41,462,000 40,273,000 -56,828,000 3,433,000 -40,059,000 29,510,000 -61,846,000 -1,192,000 -30,147,000 29,408,000 -33,564,000 16,484,000 -19,576,000 43,601,000 -33,652,000 20,567,000 -20,540,000 44,679,000 -40,475,000 25,973,000 -40,782,000 36,204,000 19,416,000 -42,098,000 41,219,000 -45,146,000 16,378,000 -40,992,000 37,292,000 -42,833,000 27,164,000 -34,815,000 40,562,000 -30,097,000 23,521,000 -27,646,000 36,879,000 -33,665,000 26,313,000 -22,427,000 36,717,000 -30,760,000 9,344,000 -23,285,000 24,719,000                     
      guarantee and commitment fees receivable
    		-119,000 -21,000 -36,000 -35,000 -142,000 268,000 5,000 -67,000 -1,894,000 248,000 13,000 52,000 777,000 338,000 -124,000 -100,000 -78,000 41,000 103,000 -54,000 -74,000 132,000 160,000 -55,000 -124,000 62,000 58,000 -94,000 23,000 -15,000 -132,000 -94,000 677,000 -357,000 2,016,000 -2,313,000 495,000 1,120,000 3,825,000 -422,000 -715,000 -570,000 -4,049,000 382,000 -6,867,000 129,000 -1,137,000 1,577,000 92,000 2,836,000                     
      other assets
    		298,000 -16,403,000 41,298,000 -31,531,000 63,297,000 -705,000 -12,471,000 62,272,000 724,000 -30,822,000 22,195,000 17,977,000 -54,237,000 -28,707,000 -61,087,000 -12,261,000 -1,249,000 10,907,000 -7,227,000 16,821,000 3,277,000 16,337,000 -39,783,000 -4,619,000 10,881,000 -3,332,000 -5,674,000 5,609,000 -904,000 -11,973,000 3,750,000 -409,000 -1,936,000 2,236,000 45,929,000 -11,551,000 7,116,000 2,066,000 -88,511,000 10,957,000 10,927,000 27,003,000 -5,812,000 17,244,000 -61,322,000 6,690,000 -11,892,000 -10,381,000 -2,692,000 15,342,000                     
      accrued interest payable
    		27,972,000 -11,344,000 26,841,000 -19,531,000 20,473,000 -8,723,000 21,053,000 9,691,000 28,173,000 2,039,000 24,051,000 27,066,000 21,987,000 4,062,000 5,769,000 729,000 1,203,000 -3,156,000 -7,522,000 90,000 -7,486,000 -4,246,000 -2,579,000 2,619,000 -3,789,000 13,709,000 -2,323,000 -1,071,000 17,158,000 -4,054,000 13,598,000 -2,156,000 17,115,000 -2,855,000 12,604,000 -12,353,000 13,800,000 -11,972,000 8,902,000 -15,273,000 17,259,000 -16,305,000 16,292,000 -19,510,000 13,160,000 -19,017,000 11,856,000 -7,154,000 13,297,000 -14,276,000                     
      custodial deposit liability
    		-31,428,000 33,956,000 -141,384,000 148,728,000 -29,957,000 30,504,000 -18,632,000 20,711,000 -6,545,000 7,158,000 -32,102,000 33,726,000 -30,322,000 5,957,000 -17,027,000 24,157,000                                                       
      other liabilities
    		9,004,000 5,509,000 89,000 1,691,000 18,818,000 -11,259,000 4,601,000 4,557,000 4,535,000 856,000 -8,227,000 9,729,000 -33,949,000 21,333,000 9,962,000 10,724,000 -9,030,000 1,006,000 -322,000 10,278,000 -1,959,000 -5,337,000 2,884,000 -1,117,000 1,887,000 -2,877,000 3,528,000 -5,973,000 -2,036,000 6,111,000 2,446,000 923,000 -9,093,000 8,605,000 -4,123,000 2,974,000 -6,631,000 2,793,000 -3,576,000 901,000 -5,933,000 5,069,000 1,165,000 -556,000 626,000 3,783,000 -9,737,000 6,814,000 -3,627,000 -349,000                     
      net cash (used in)/provided by operating activities
    		74,193,000                      -330,311,000 118,377,000                           -219,981,000 -49,064,000 -160,327,000 -54,831,000                 
      cash flows from investing activities:
    		                                                                      
      purchases of equipment and leasehold improvements
    		   0 -66,000 -3,568,000 -1,638,000                                                                
      purchases of available-for-sale and held-to-maturity investment securities
    		-120,244,000 -741,970,000 -553,122,000 -459,926,000 -806,018,000 -559,258,000 -606,698,000                                                                
      purchases of other investment securities
    		-86,000 -976,000 -2,264,000 -1,523,000 -1,189,000 -498,000 -83,000 -1,010,000 -643,000   -1,566,000 -569,000 -33,000 -275,000 -826,000 0 0 -403,000                                                    
      purchases of farmer mac guaranteed securities and usda securities
    		-407,335,000 -235,214,000 -378,516,000 -77,634,000 -724,276,000 -336,179,000 -462,055,000 -1,270,606,000 -1,546,567,000 -919,699,000 -716,412,000 -967,650,000 -1,246,583,000 -1,340,881,000 -1,720,619,000 -1,722,596,000 -1,489,478,000 -568,994,000 -599,833,000 -276,673,000 -436,919,000 -703,150,000 -657,959,000 -523,303,000 -507,521,000 -802,769,000 -857,511,000 -701,518,000 -912,095,000 -931,199,000 -333,285,000 -472,055,000 -1,415,929,000 -692,245,000 -1,486,243,000 -534,575,000 -209,798,000 -349,364,000                                 
      purchases of loans held for investment
    		-1,545,240,000 -1,218,076,000 -987,524,000 -1,290,136,000 -987,233,000 -902,273,000 -690,986,000 -643,937,000 -474,618,000 -490,711,000 -554,787,000 -470,564,000 -655,693,000 -748,659,000 -718,008,000 -921,922,000 -689,788,000 -689,210,000 -728,748,000 -921,240,000 -743,038,000 -948,149,000 -554,771,000 -705,926,000 -427,084,000 -353,152,000 -748,553,000 -192,628,000 -224,102,000 -267,756,000 -219,925,000 -368,291,000 -337,008,000 -341,702,000 -450,686,000 -242,428,000 -184,472,000 -138,929,000 -124,397,000 -198,196,000 -236,357,000 -190,149,000 -180,567,000 -132,101,000 -144,738,000 -106,845,000 -91,433,000 -68,268,000 -113,915,000 -215,867,000 -8,020,000 -6,443,000 -10,698,000 -9,226,000 -11,480,000 -33,477,000 0 -14,670,000 -49,073,000 -25,403,000 -31,577,000 -29,044,000 -21,625,000 -16,747,000 -28,162,000 -6,116,000 -13,036,000 -32,503,942 16,906,942 -16,932,000 
      purchases of defaulted loans
    		0 -1,246,000 -1,298,000 -4,130,000            0 0 0 -8,713,000 0 0   0    -7,035,000 0 -721,000 -2,523,000 -3,043,000 -104,000 -311,000 -272,000 -263,000 -1,324,000 -657,000 5,999,000 -629,000 -5,935,000 -140,000 -5,993,000 -7,174,000 -3,128,000 -729,000 -397,000 -2,921,000 -1,420,000 -16,925,000 -765,000 -1,914,000 -913,000 -2,490,000 -1,638,000 -14,029,000 -572,000 -5,030,000 -56,533,000 -557,000 -26,000 -1,163,000 0 -2,428,000 -650,000 -833,000 -3,930,000 -5,688,435 4,049,435 -4,054,000 
      proceeds from repayment of available-for-sale and held-to-maturity investment securities
    		162,898,000 319,774,000 332,698,000 279,448,000 274,100,000 254,974,000 520,194,000                                                                
      proceeds from repayment of farmer mac guaranteed securities and usda securities
    		762,541,000 442,914,000 614,238,000 397,751,000 1,494,386,000 920,638,000 254,722,000 899,931,000 838,945,000 1,491,542,000 247,706,000 495,470,000 1,066,589,000 1,208,052,000 1,659,253,000 1,744,756,000 977,251,000 622,629,000 683,090,000 792,457,000 695,782,000 621,615,000 408,103,000 443,754,000 505,792,000 686,816,000 554,340,000 870,478,000 859,010,000 472,235,000 275,435,000 169,403,000 280,277,000 338,063,000 933,345,000 664,526,000 83,706,000 153,095,000                                 
      proceeds from repayment of loans purchased as held for investment
    		619,230,000 392,188,000 629,185,000 373,205,000 472,645,000 348,863,000 461,071,000 282,323,000 418,807,000 230,975,000 431,483,000 244,780,000 351,013,000 262,594,000 463,602,000 389,169,000 485,434,000 390,357,000 624,448,000 443,060,000 560,365,000 366,502,000 345,736,000 189,912,000 237,893,000 107,407,000 222,980,000 173,161,000 144,510,000 191,298,000 66,530,000 118,715,000 67,321,000 182,790,000 153,908,000 105,185,000 48,234,000 95,570,000 120,960,000 84,574,000 38,345,000 93,587,000 44,741,000 84,911,000 71,226,000 88,440,000 41,013,000 69,679,000                       
      proceeds from sale of real estate owned
    		0 0 725,000                 1,978,000 0 0 2,191,000     15,000   1,635,000 320,000       -1,847,000 367,000 3,204,000 203,000 994,000 124,000   2,840,000 82,000 974,000 305,000     9,899,000        14,000 1,293,000   621,000 2,816,181 -815,181 818,000 
      proceeds from sale of available-for-sale investment securities
    		   0 12,292,000           0 231,951,000              5,129,000    103,034,000 8,737,000 0 74,998,000 599,535,000 0 155,600,000 15,014,000 1,990,000 0 0 5,028,000 0 294,255,000 75,036,000 78,573,000 8,066,000 23,592,000 0 69,175,000 98,627,000 54,779,000 24,700,000 128,400,000 105,250,000 62,981,000   30,180,000 26,274,000       
      proceeds from sale of loans previously classified as held for investment
    		0   0 0       0 0   291,393,000                                                       
      proceeds from sale of farmer mac guaranteed securities
    		   0 0       52,431,000 21,284,000 0 25,928,000 29,044,000 34,998,000 0 49,133,000 100,442,000 36,562,000 0 28,050,000 122,018,000 33,045,000 49,643,000 116,708,000 109,101,000 65,088,000 131,202,000 114,973,000 156,271,000 98,368,000 149,607,000 378,105,000 131,765,000 49,990,000 49,487,000 111,145,000 28,718,000 10,849,000 25,042,000 8,729,000 11,706,000 14,248,000 3,380,000 11,805,000 3,135,000 3,371,000 7,363,000 11,865,000 5,954,000 6,182,000 6,724,000 163,972,000 7,008,000 100,000 17,124,000 19,683,000 635,847,000 7,758,000 6,118,000 3,896,000 1,214,000 1,124,000 200,000     
      net cash from investing activities
    		-528,236,000 -1,036,561,000 -345,878,000 -782,945,000 -265,676,000 -108,379,000 -525,473,000 -674,976,000 -997,975,000 178,885,000 -461,315,000 -992,068,000    -344,487,000 -541,773,000   -185,254,000 41,531,000 -1,165,473,000 -426,895,000 -321,618,000           -225,510,000 -37,808,000 73,831,000 -403,922,000 712,454,000 -184,188,000   -147,122,000 -403,011,000 -285,197,000 -493,480,000 -293,288,000   -385,554,000  -908,913,000         -44,389,000 -440,188,000 33,564,000 -160,490,000 -197,935,000 -381,007,000  -192,996,439 212,548,439 -212,883,000 
      cash flows from financing activities:
    		                                                                      
      proceeds from issuance of discount notes
    		19,909,045,000 19,794,776,000 16,578,544,000 16,907,797,000 16,584,203,000 13,393,684,000 12,851,600,000 13,272,846,000 13,794,391,000 11,027,733,000 11,196,195,000 11,681,874,000 13,678,104,000 13,533,029,000 13,577,266,000 14,328,265,000 15,008,625,000 15,697,965,000 16,077,510,000 16,611,945,000 17,560,195,000 16,593,245,000 17,783,348,000 17,606,507,000 18,770,451,000 15,492,186,000 12,773,401,000 9,909,639,000 10,449,130,000 10,587,657,000 11,718,768,000 12,760,207,000 13,883,341,000 13,618,574,000 26,970,101,000 29,100,805,000 24,180,861,000 14,784,601,000 -10,681,889,000 16,476,023,000 16,940,816,000 15,653,949,000 15,559,399,000 17,613,032,000 17,396,147,000 16,835,683,000 16,596,072,000 17,510,632,000 17,626,635,000 17,036,947,000 16,029,546,000 18,855,113,000 16,948,938,000 14,970,627,000 14,160,506,000 12,919,461,000 10,763,555,000 16,997,175,000 21,737,341,000 30,376,088,000 40,312,373,000 34,398,361,000 31,207,922,000 32,441,528,000 32,255,967,000 23,802,544,000 25,817,274,000 64,405,335,764 -15,108,079,764 15,145,352,000 
      proceeds from issuance of medium-term notes
    		3,432,328,000 3,231,124,000 3,355,631,000 2,824,663,000 2,427,471,000 1,518,777,000 1,774,926,000 2,715,420,000 2,420,182,000 1,755,697,000 1,383,319,000 2,164,629,000 2,068,713,000 2,171,609,000 2,626,165,000 2,584,531,000 2,009,939,000 3,080,133,000 3,498,544,000 2,948,605,000 2,769,743,000 4,057,381,000 3,734,025,000 2,563,350,000 3,165,160,000 2,343,013,000 2,124,252,000 2,006,379,000 2,042,390,000 2,060,844,000 1,440,562,000 1,902,536,000 3,006,227,000 2,251,535,000 3,113,078,000 715,433,000 1,345,756,000 1,344,848,000 1,271,468,000 547,419,000 1,022,663,000 703,268,000 1,210,137,000 832,197,000 749,867,000 565,987,000 314,470,000 989,260,000 375,346,000 616,503,000 751,921,000 971,337,000 666,619,000 339,653,000 513,667,000 888,004,000 1,154,758,000 919,427,000 742,050,000 474,959,000 371,970,000 639,974,000 318,000,000 466,000,000 259,000,000 536,000,000 396,885,000 375,664,800 -86,082,800 86,200,000 
      proceeds from issuance of debt securities of consolidated trusts
    		0   304,788,000 0                                                                  
      payments to redeem discount notes
    		-20,183,048,000 -19,678,198,000 -16,884,950,000 -16,936,798,000 -16,647,282,000 -13,029,212,000 -12,695,146,000 -13,079,305,000 -13,219,042,000 -10,926,565,000 -10,913,679,000 -11,988,962,000 -14,291,665,000 -13,950,774,000 -13,854,017,000 -14,560,922,000 -14,286,489,000 -15,696,501,000 -16,199,154,000 -17,174,826,000 -17,710,652,000 -16,687,792,000 -17,387,222,000 -17,577,217,000 -18,771,644,000 -15,132,944,000 -12,597,517,000 -10,373,311,000 -10,216,481,000 -10,941,104,000 -11,889,741,000 -13,084,090,000 -14,323,702,000 -14,766,905,000 -30,984,591,000 -28,199,484,000 -24,294,984,000 -14,439,480,000 11,184,420,000 -16,536,393,000 -16,976,739,000 -16,021,517,000 -16,249,342,000 -17,315,051,000 -17,576,441,000 -16,436,929,000 -16,273,455,000 -17,071,351,000 -17,093,355,000 -17,021,207,000 -15,038,275,000 -18,166,682,000 -16,996,115,000 -15,099,610,000 -13,598,636,000 -13,102,370,000 -10,863,702,000 -17,111,209,000 -22,063,508,000 -31,290,389,000 -39,701,505,000 -33,934,610,000 -31,460,361,000 -32,503,442,000 -32,245,352,000 -23,855,507,000 -26,116,989,000 -64,124,291,606 15,058,291,606 -15,095,392,000 
      payments to redeem medium-term notes
    		-2,831,500,000 -2,503,820,000 -2,535,000,000 -2,459,000,000 -1,986,095,000 -1,894,788,000 -1,713,000,000 -1,931,000,000 -2,399,800,000 -2,103,150,000 -1,428,500,000 -930,844,000 -1,232,000,000 -1,238,500,000 -1,790,815,000 -1,946,000,000 -2,066,000,000 -2,936,370,000 -3,638,000,000 -2,121,000,000 -2,446,000,000 -3,214,200,000 -2,633,565,000 -2,324,019,000 -2,539,569,000 -1,794,584,000 -1,311,954,000 -1,941,194,000 -2,112,300,000 -1,200,936,000 -1,259,000,000 -1,210,000,000 -1,350,000,000 -856,300,000 -207,735,000 -1,769,000,000 -1,194,715,000 -912,000,000 -1,746,000,000 -390,000,000 -553,000,000 -419,000,000 -398,000,000 -660,000,000 -400,000,000 -332,000,000 -339,275,000 -487,000,000 -398,000,000 -142,000,000 -431,000,000 -533,000,000 -612,000,000 -296,590,000 -624,000,000 -388,000,000 -552,000,000 -1,163,000,000 -90,476,000 -929,660,000 -451,000,000 -599,000,000 -567,885,000 -268,582,000 -333,883,000 -203,200,000 -91,000,000 -191,886,000 45,386,000 -45,500,000 
      payments to third parties on debt securities of consolidated trusts
    		-76,904,000 -41,852,000 -67,501,000 -23,198,000 -51,723,000 -18,818,000 -45,068,000 -10,927,000 -33,355,000 -21,190,000 -36,573,000 -27,828,000 -56,694,000 -29,038,000 -112,731,000 -38,626,000 -165,557,000 -68,228,000 -207,861,000 -73,714,000 -256,089,000 -75,235,000 -99,769,000 -38,002,000 -62,671,000 -16,557,000 -64,263,000 -45,935,000 -33,834,000 -38,197,000 -14,636,000 -31,633,000 -8,023,000 -46,926,000 -39,760,000 -21,808,000 -4,848,000 -15,793,000 16,642,000 -19,130,000 -9,611,000 -25,413,000 -5,017,000 -32,297,000 -20,962,000 -48,162,000 -23,713,000 -43,738,000 -28,944,000 -51,839,000 -28,428,000 -34,083,000                   
      proceeds from common stock issuance
    		66,000 80,000 79,000 78,000 78,000 67,000 64,000 64,000 64,000 54,000 51,000 52,000 48,000 46,000 46,000 46,000 46,000 13,000 12,000 12,000 8,000 17,000 19,000 19,000 19,000 3,000 3,000 0 4,000 3,000 3,000 3,000 84,000 148,000 -1,132,000 197,000 1,484,000 4,000 -1,233,000 272,000 317,000 888,000 2,894,000 14,000 23,000 4,000 2,000 4,000 36,000 -20,000 -8,000 12,000 155,000 13,000 13,000 12,000 8,000 9,000 12,000 2,354,000 3,346,000 22,000 344,000 1,942,000 5,387,000 202,000 1,325,000 4,048,888 -812,888 815,000 
      proceeds from preferred stock issuance, net of stock issuance costs
    		               0 0   0                                                   
      tax payments related to share-based awards
    		-72,000 -76,000 -4,960,000 -963,000 -482,000 -1,043,000 -2,863,000 -166,000 -507,000 -2,358,000 18,000 -46,000 -329,000 -1,341,000 -119,000 0 0 -1,179,000 -126,000 0 -89,000 -282,000 -189,000 -27,000 -638,000 -424,000 -688,000 -112,000 -1,116,000 -1,407,000 -253,000 -614,000 -328,000 -1,341,000                                     
      retirement of preferred stock
    		   0                0                                                   
      dividends paid on common and preferred stock
    		-22,067,000 -22,068,000 -22,018,000 -20,002,000 -22,048,000 -22,025,000 -21,977,000 -18,717,000 -18,715,000 -18,712,000 -18,673,000 -17,052,000 -17,051,000 -17,048,000 -17,020,000 -16,267,000 -15,588,000 -14,741,000 -14,719,000 -13,280,000 -13,351,000 -12,016,000 -12,002,000 -10,930,000 -10,923,000 -11,275,000 -10,766,000 -9,482,000 -9,482,000 -9,457,000 -7,118,000 -7,114,000 -7,113,000 -7,094,000 -8,901,000 -5,059,000 -5,062,000 -5,045,000 -8,206,000 -2,184,000 -2,180,000 -1,426,000 -2,510,000 -1,770,000 -1,766,000 -1,038,000 -1,238,000 -1,237,000 -1,236,000 -1,235,000 -1,234,000 -1,234,000 -1,233,000 -2,477,000     -3,032,000 -1,592,000 -1,562,000 -1,546,000         
      net cash from financing activities
    		324,737,000 1,066,477,000 419,825,000 597,365,000 229,122,000 230,104,000 148,536,000 948,215,000 543,218,000 -288,491,000 404,346,000 881,823,000    351,027,000    177,742,000 -40,075,000 738,121,000 1,384,410,000 219,681,000 550,185,000 901,077,000 912,468,000      1,200,486,000 191,691,000    507,746,000 168,553,000 70,797,000   113,134,000 430,716,000 141,554,000 578,621,000 267,317,000    1,276,991,000   -73,507,000       533,797,000 502,371,000  134,238,000 -63,851,000 268,980,000     
      net change in cash and cash equivalents
    		-129,306,000 -17,806,000 24,128,000 181,951,000 -80,905,000 177,856,000 -143,602,000 106,389,000 -91,772,000 9,496,000 3,592,000 -7,232,000 -41,196,000 19,384,000 -18,739,000 9,733,000 70,649,000 -184,138,000 -21,400,000 123,349,000 82,992,000 -403,985,000 627,204,000 16,440,000 191,339,000 20,480,000 -49,134,000                                            
      cash, cash equivalents, and restricted cash at beginning of period
    		0 0 1,024,007,000                                                                    
      cash, cash equivalents, and restricted cash at end of period
    		-129,306,000 -17,806,000 1,048,135,000                                                                    
      losses on sale of mortgage loans
    		   0 0                                                                  
      amortization of debt premiums, discounts, and issuance costs
    		  18,053,000 -8,419,000 108,000 17,967,000 11,586,000 8,570,000 9,337,000 3,297,000 10,217,000 7,817,000 6,184,000 3,637,000 2,018,000 1,674,000 1,504,000 1,608,000 1,994,000 2,817,000 3,733,000 5,548,000 9,221,000                                                
      net cash from operating activities
    		  -49,819,000 367,531,000 -44,351,000 56,131,000 233,335,000 -166,850,000 362,985,000    180,248,000 256,705,000 269,305,000      81,536,000      18,520,000 90,071,000 44,324,000 117,830,000 17,702,000 66,718,000 -12,043,000 102,634,000 43,171,000 52,054,000 24,328,000 89,035,000 -133,082,000   142,059,000  89,833,000 -78,818,000 72,776,000          6,907,000 17,002,000 40,089,000  8,161,000 22,977,000 36,361,000  26,417,000 17,117,000 51,243,000   -78,040,542 78,100,000 
      capex
    		  0 0 -66,000 -3,568,000 -1,638,000 0 0    0 0 0      0      0 0 0 0 0 0 0 0 0 0 0 0 0   0  0 0 0          0 0 0  0 0 0  0 0 0   0 0 
      free cash flows
    		  -49,819,000 367,531,000 -44,417,000 52,563,000 231,697,000 -166,850,000 362,985,000    180,248,000 256,705,000 269,305,000      81,536,000      18,520,000 90,071,000 44,324,000 117,830,000 17,702,000 66,718,000 -12,043,000 102,634,000 43,171,000 52,054,000 24,328,000 89,035,000 -133,082,000   142,059,000  89,833,000 -78,818,000 72,776,000          6,907,000 17,002,000 40,089,000  8,161,000 22,977,000 36,361,000  26,417,000 17,117,000 51,243,000   -78,040,542 78,100,000 
      net change in fair value of trading securities, hedged items, and financial derivatives
    		    -204,353,000 18,037,000 123,519,000                                                                
      cash and cash equivalents at beginning of period
    		    0 0 888,707,000 0 0 0 861,002,000 0 0 0 908,785,000 0 0 0 1,033,941,000 0 0 0 604,381,000 0 0 0 425,256,000 0 0 302,022,000 0 0 0 265,229,000 -153,303,000 0 0 1,363,387,000 -36,251,000 0 0 785,564,000 0 0 0 817,046,000 0 0 0 729,920,000 0 0 0 654,794,000 0 0 0 278,412,000 0 0 0 101,445,000 0 0 0 877,714,000 0 458,393,148 -458,393,148 458,852,000 
      cash and cash equivalents at end of period
    		    -80,905,000 177,856,000 745,105,000 106,389,000 -91,772,000 9,496,000 864,594,000 -7,232,000 -41,196,000 19,384,000 890,046,000 9,733,000 70,649,000 -184,138,000 1,012,541,000 123,349,000 82,992,000 -403,985,000 1,231,585,000 16,440,000 191,339,000 20,480,000 376,122,000 5,340,000 -62,446,000 493,258,000 -64,742,000 46,771,000 6,352,000 313,641,000 -1,251,307,000 -166,620,000 126,910,000 1,556,246,000 711,674,000 990,000 -242,664,000 893,387,000 -84,476,000 117,538,000 -222,461,000 974,963,000 -7,968,000 56,679,000 -11,108,000 779,443,000 276,647,000 127,940,000 -92,878,000 418,211,000 379,900,000 -87,964,000 79,057,000 283,801,000 227,751,000 -661,713,000 512,385,000 199,989,000 -470,981,000 165,000 -244,669,000 816,930,000 73,112,000 804,253,049 -413,270,049 413,619,000 
      gain on the sale of available-for-sale investment securities
    		               0                                                       
      gain on the sale of mortgage loans
    		                                                                      
      proceeds from third parties from issuance of debt securities of consolidated trusts
    		       0 0 0 222,188,000 0                                                           
      net change in fair value of trading securities, hedged assets, and financial derivatives
    		        270,979,000 131,454,000 -62,398,000 24,223,000 204,177,000 230,128,000 231,470,000 -23,137,000 48,581,000 -122,110,000 300,424,000 85,914,000 58,622,000 -21,998,000 -379,004,000 106,457,000 -118,324,000 -139,117,000 -69,096,000 15,954,000 6,926,000 19,174,000 1,045,000 -110,000 -12,647,000 525,000 -6,381,000 6,914,000 -16,151,000 532,000                                 
      purchases of available-for-sale investment securities
    		        -524,627,000 -482,015,000 -375,153,000 -682,124,000 -350,237,000 -594,581,000 -845,114,000 -590,364,000 -520,793,000 -493,053,000 -400,701,000 -675,098,000 -586,059,000 -887,195,000 -704,306,000 -294,419,000 -654,056,000 -744,575,000 -473,326,000 -293,983,000 -296,990,000 -242,677,000 -365,248,000 -342,739,000 -205,123,000 -66,561,000 -470,949,000 -366,860,000 -199,986,000 -715,628,000 -404,057,000 -397,137,000 -499,645,000 -244,819,000 -363,734,000 -466,412,000 -408,561,000 -649,645,000 -418,663,000 -285,563,000 -332,056,000 -658,512,000 -449,174,000 -320,439,000 -22,090,000 -284,149,000 -284,150,000    -24,936,000 -142,656,000 -182,820,000 -835,025,000 -990,233,000 -972,505,000 -1,004,456,000 -1,234,474,000 -1,239,105,000 -2,742,460,427 897,879,427 -899,793,000 
      proceeds from repayment of available-for-sale investment securities
    		        290,728,000 350,285,000 505,848,000 337,155,000 185,428,000 499,204,000 418,414,000 436,859,000 418,652,000 438,164,000 446,325,000 349,820,000 514,838,000 391,176,000 706,061,000 433,979,000 490,961,000 295,222,000 205,240,000 411,694,000 139,397,000 263,621,000 431,282,000 387,088,000 324,660,000 183,749,000 613,952,000 196,105,000 487,481,000 427,507,000 300,299,000 404,629,000 182,981,000 439,135,000 500,114,000 328,641,000 290,607,000 291,065,000 215,542,000 164,004,000 174,881,000 336,681,000 136,882,000 100,978,000 54,571,000 57,766,000 47,045,000 19,279,000 46,734,000 82,531,000             
      net cash provided by/(used in) operating activities
    		          60,561,000     3,193,000 127,446,000 -92,023,000 397,796,000                            18,003,000   3,081,000                 22,197,000    
      gain on sale of real estate owned
    		                    0 0 -485,000                                                
      total (benefit from)/release of allowance for losses
    		                                                                      
      proceeds from the sale of loans held for sale
    		                   0                                                   
      purchases of common stock
    		                   0 0 0 -235,000                                    -1,000 0 0 -830,000 -13,925,000 -1,855,000 -3,711,000 -9,475,000 -2,557,000 -19,369,026 1,076,026 -1,085,000 
      total release of allowance for losses
    		            450,000                                                          
      net cash (used in)/provided by investing activities
    		             -705,304,000 -716,819,000                                       -108,245,000 -33,965,000                
      net cash provided by/(used in) financing activities
    		             467,983,000 428,775,000                     -180,866,000             474,685,000 431,996,000                   -89,384,798 89,550,000 
      total (release of)/benefit from allowance for losses
    		              -54,000                                                        
      total (release)/benefit from allowance for losses
    		               -1,428,000 255,000 -983,000 -31,000                                                    
      other
    		                              0 -89,000                                       
      non-cash activity:
    		                                                                      
      loans acquired and securitized as farmer mac guaranteed securities
    		                34,998,000 0 49,133,000 100,442,000 36,562,000 0 28,050,000 122,018,000 33,045,000 49,643,000 116,708,000                                            
      consolidation of farmer mac guaranteed securities from off-balance sheet to loans held for investment in consolidated trusts and to debt securities of consolidated trusts held by third parties
    		                34,998,000 0 49,133,000 100,442,000 36,562,000 0 28,050,000 122,018,000 23,539,000 20,224,000 97,780,000                                            
      reclassification of defaulted loans from loans held for investment in consolidated trusts to loans held for investment
    		                1,227,000 0 23,463,000 4,643,000 34,979,000 2,672,000 4,742,000 87,000 671,000 0 4,721,000                                            
      reclassification of loans held for sale to loans held for investment
    		                   20,000,000                                                   
      reclassification of loans held for investment to loans held for sale
    		                                                                      
      capitalized interest
    		                216,000 255,000 782,000 411,000                                                   
      net cash (used in)/provided by financing activities
    		                 182,419,000 -483,794,000                       -113,430,000                -351,241,000             
      purchases of securities - traded, not yet settled
    		                  7,502,000   -45,412,000 50,000,000  -1,320,000 -25,100,000 35,100,000                                            
      net cash provided by/(used in) investing activities
    		                  64,598,000                       79,194,000                316,541,000 -126,529,000            
      gain/(loss) on sale of real estate owned
    		                                                                      
      total benefit from allowance for losses
    		                   2,972,000 1,201,000                                                  
      cash paid during the period for:
    		                                                                      
      interest
    		                                                                      
      income taxes
    		                                                                      
      real estate owned acquired through loan liquidation
    		                                                                      
      charge-off from the allowance for losses
    		                                                                      
      retirement of series b preferred stock
    		                       0 0                          0 0 0 -144,216,000                 
      proceeds from series d preferred stock issuance, net of stock issuance costs
    		                       0 0                                              
      proceeds from series e preferred stock issuance, net of stock issuance costs
    		                                                                      
      maturity of investment security - not yet settled
    		                         5,235,000 -40,310,000                                            
      amortization of debt premiums, discounts and issuance costs
    		                       12,258,000 13,772,000 13,196,000 10,826,000 8,043,000 7,693,000 6,008,000 5,780,000 5,599,000 5,823,000 5,656,000 22,156,000 3,731,000 3,038,000 2,832,000 570,000 2,833,000 3,000,000 3,286,000 4,005,000 3,719,000 3,572,000 3,362,000 3,978,000 3,057,000 2,975,000 2,790,000 2,925,000 2,024,000 1,671,000 1,362,000 1,894,000 2,866,000 3,290,000 4,826,000 12,614,000 19,360,000 18,892,000 28,538,000 32,656,000 35,198,000 33,143,000 29,813,000    26,639,000 
      loss/(gain) on sale of real estate owned
    		                                                                      
      total benefit from losses
    		                       2,851,000 623,000   -3,000 582,000 -410,000 464,000 384,000 466,000 444,000      -36,000 -704,000 1,176,000         1,238,000   1,382,000  3,187,000 -6,222,000 6,053,000             
      purchases of held-to-maturity investment securities
    		                                                                      
      loss on sale of real estate owned
    		                                     1,000                                 
      net cash (used by)/provided by operating activities
    		                                                                      
      net cash used by investing activities
    		                         -761,408,000 -980,122,000 369,285,000 -225,081,000 -383,997,000 -71,029,000 -349,242,000                                       
      total release for losses
    		                          -393,000                                            
      losses/(gains) on sale of real estate owned
    		                                   0                                   
      net increase in cash and cash equivalents
    		                           5,340,000 -62,446,000 191,236,000 -64,742,000 46,771,000 6,352,000 48,412,000    192,859,000    107,823,000    157,917,000           79,057,000 5,389,000             
      (gains)/losses on sale of real estate owned
    		                                                                      
      net cash provided/(used) by financing activities
    		                            118,311,000 457,403,000 -11,415,000                                        
      proceeds from repayment of trading investment securities
    		                                  1,668,000 107,000 190,000 247,000 29,000 155,000 186,000 315,000                  5,879,000 205,000 423,000    388,000 370,000 1,404,999 -465,999 467,000 
      common stock repurchased
    		                                  -7,292,000                                    
      investment in subsidiary - non-controlling interest
    		                                                                      
      retirement of farmer mac ii llc preferred stock
    		                                                                      
      dividends paid - non-controlling interest - preferred stock
    		                                   0 0 -5,415,000 -5,551,000 -5,547,000 -5,547,000 -5,547,000 -5,546,000 -5,547,000 -5,547,000 -5,547,000 -5,546,000 -5,547,000 -5,547,000 -5,547,000 -5,547,000 -5,546,000 -5,546,000 -4,005,000                 
      gains on sale of real estate owned
    		                               -32,000                                       
      losses on sale of available-for-sale investment securities
    		                                                                      
      payments from sale of real estate owned
    		                                 697,000                                     
      net cash (used)/provided by investing activities
    		                                 -245,913,000                                     
      losses/(gains) on sale of available-for-sale investment securities
    		                                                                      
      total benefit from/(release of) losses
    		                                  745,000 -303,000       1,157,000 94,000 174,000 450,000                         
      proceeds from series b preferred stock issuance
    		                                                                      
      proceeds from series c preferred stock issuance
    		                                                                      
      redemption of farmer mac ii llc preferred stock
    		                                   0 0 -244,000,000                                 
      net cash (used)/provided by financing activities
    		                                                                      
      net (decrease)/increase in cash and cash equivalents
    		                                                    -92,878,000 -236,583,000         -470,981,000        
      (gains)/losses on sale of available-for-sale investment securities
    		                                                                      
      securities sold, not yet purchased
    		                                                                      
      net change in securities purchased under agreements to resell
    		                                                                      
      (payments)/proceeds from sale of real estate owned
    		                                   0 0 -1,000                                 
      investment in contour
    		                                   44,000                                   
      net increase/(decrease) in cash and cash equivalents
    		                                   -166,620,000            56,679,000 -11,108,000 49,523,000           512,385,000 98,544,000         
      gains on sale of available-for-sale investment securities
    		                                    0 -6,000                  -63,000 300,000 -3,150,000  85,000           
      total (release of)/benefit from losses
    		                                     -696,000         -118,000 -801,000                       
      gains on repurchase of debt
    		                                                                      
      proceeds from series a preferred stock issuance
    		                                       0 0 58,333,000                             
      retirement of series c preferred stock
    		                                       0 0 -57,578,000                             
      purchase of interest - non-controlling interest - preferred stock
    		                                                                      
      net amortization of deferred gains, premiums and discounts on loans, investments, farmer mac guaranteed securities, and usda guaranteed securities
    		                                       2,578,000 2,426,000 2,712,000                             
      net change in fair value of trading securities, hedged assets, financial derivatives, and loans held for sale
    		                                       -6,500,000 -16,629,000 -8,997,000                             
      gains on the sale of real estate owned
    		                                       -39,000 -1,124,000 -47,000 -629,000 13,000   -254,000 4,000 -627,000 -97,000             0 -98,000   -295,000    
      purchases of farmer mac guaranteed securities and usda guaranteed securities
    		                                       -423,872,000 -635,897,000 -222,187,000 -235,745,000 -565,974,000 -365,613,000 -301,725,000 -104,131,000 -1,088,658,000 -399,445,000 -617,370,000                     
      proceeds from repayment of farmer mac guaranteed securities and usda guaranteed securities
    		                                       317,358,000 295,733,000 163,508,000 82,349,000 343,268,000 259,824,000 177,551,000 50,136,000 51,562,000 75,196,000 572,505,000                     
      net decrease in cash and cash equivalents
    		                                                                -244,669,000 -60,784,000  345,859,901 45,123,099 -45,233,000 
      adjustments to reconcile net income to net cash provided by/(used in) operating activities:
    		                                                                      
      net amortization of deferred gains, premiums and discounts on loans, investments, farmer mac guaranteed securities and usda guaranteed securities
    		                                          9,534,000 3,111,000 3,326,000 3,672,000                         
      net change in fair value of trading securities, hedged assets, financial derivatives and loans held for sale
    		                                          -4,052,000                            
      proceeds from repayment and sale of trading investment securities
    		                                          147,000 136,000 239,000 288,000 83,172,000 136,000 168,000 382,000 161,000 186,000 164,000 236,000 143,000 172,000 204,000 268,000     332,000 326,000       
      proceeds from the sale of trading securities - fair value option
    		                                                                      
      issuance costs on retirement of preferred stock
    		                                                  0 0 0 -5,784,000                 
      proceeds from preferred stock issuance - farmer mac ii llc
    		                                                  0 0 0 241,853,000                 
      net change in fair value of trading securities, financial derivatives and loans held for sale
    		                                            24,679,000 -16,768,000 -4,414,000 58,837,000 4,836,000 -15,135,000 -10,683,000 -682,000                   
      net amortization of premiums and discounts on loans, investments, farmer mac guaranteed securities and usda guaranteed securities
    		                                              5,583,000                        
      amortization of deferred gains on certain farmer mac guaranteed securities and usda guaranteed securities
    		                                              -964,000                        
      other-than-temporary impairment losses
    		                                                      0                
      gains on sale of loans
    		                                                                      
      proceeds from sale of loans purchased as held for sale
    		                                                                      
      proceeds from sale of trading securities - fair value option
    		                                                  0 0 0 5,013,000                 
      proceeds from sale of loans purchased as held for investment
    		                                                                      
      proceeds from preferred stock issuance
    		                                                      578,000 17,000,000 20,000,000 10,800,000             
      net amortization of premiums and discounts on loans, investments, and
    		                                                                      
      farmer mac guaranteed securities and usda guaranteed securities
    		                                                5,071,000 4,294,000                     
      amortization of deferred gains on certain farmer mac guaranteed
    		                                                                      
      securities and usda guaranteed securities
    		                                                -955,000 -3,081,000                     
      total (release)/benefit from losses
    		                                                 -653,000                     
      proceeds from repayment of loans held for sale
    		                                                 35,892,000 15,442,000 36,153,000 13,872,000 32,963,000 10,229,000 35,779,000 14,579,000 1,538,000 488,000 8,955,000 1,697,000 4,095,000 1,075,000 1,543,000 -4,688,000 8,889,000 2,385,000 6,572,656 -3,717,656 3,723,000 
      proceeds from repayment of loans held for investment
    		                                                 127,693,000 40,744,000 54,096,000 57,864,000 84,464,000     16,214,000 36,702,000 23,279,000 41,983,000         
      net income/
    		                                                      10,363,000   37,454,000             
      adjustments to reconcile net income to net cash (used in)/provided by operating activities:
    		                                                                      
      net amortization of premiums and discounts on loans, investments, and farmer mac and usda guaranteed securities
    		                                                    4,518,000 1,632,000                 
      amortization of transition adjustment on financial derivatives
    		                                                  -50,000 40,000 46,000 34,000 28,000                
      gains on sale of loans and farmer mac guaranteed securities
    		                                                      0 0 0 -1,581,000             
      gain on repurchase of debt
    		                                                                      
      gain on the sale of real estate owned
    		                                                                      
      (increase)/decrease in interest receivable
    		                                                  -22,871,000 5,192,000                   
      decrease/(increase) in guarantee and commitment fees receivable
    		                                                      -544,000      102,000 2,079,000      -12,814,386   
      decrease/(increase) in other assets
    		                                                      52,095,000   25,753,000             
      increase/(decrease) in accrued interest payable
    		                                                  12,037,000 -7,819,000 5,383,000 7,968,000          -15,485,000 14,497,000 4,364,000     
      (decrease)/increase in other liabilities
    		                                                  -378,000          4,081,000 -12,203,000        21,799,000 
      purchases of farmer mac guaranteed securities
    		                                                  -859,616,000 -935,073,000 -123,105,000 -93,197,000 -95,250,000 -1,003,224,000 -597,402,000 -352,078,000             
      proceeds from repayment of farmer mac guaranteed securities
    		                                                  338,600,000 170,336,000 145,614,000 56,912,000 35,020,000 553,169,000 70,295,000 67,277,000 44,517,000 66,671,000 82,973,000 69,697,000 45,016,000 70,058,000 58,114,000 73,495,000 41,575,000 185,315,010 -68,605,010 68,723,000 
      proceeds from sale of loans
    		                                                     763,000                 
      repurchases of preferred stock
    		                                                                      
      proceeds from mezzanine equity issuance
    		                                                                      
      farmer mac and usda guaranteed securities
    		                                                                      
      decrease in guarantee and commitment fees receivable
    		                                                   2,521,000 -2,384,000 20,821,000   256,000 4,770,000            2,031,000 
      decrease in other assets
    		                                                     15,922,000                13,741,000 
      tax benefit from tax deduction in excess of compensation cost recognized
    		                                                   0                   
      gains on the sale of available-for-sale investments securities
    		                                                    0 -240,000                 
      total provision/(recoveries) for losses
    		                                                                      
      (increase)/decrease in other assets
    		                                                              1,624,000   -3,269,000     
      decrease in other liabilities
    		                                                    637,000 -19,931,000   2,157,000 -9,843,000         3,850,000 -13,337,914   
      net cash (used in)/ provided by financing activities
    		                                                                      
      net change in fair value of trading securities and financial derivatives
    		                                                     -6,262,000 -748,000 -26,373,000 -31,322,000 -46,617,000 80,814,000 23,546,000 -21,480,000 28,888,000 30,353,000 23,346,000 -18,582,000 3,928,000 -1,096,000 -5,103,150 -1,899,850 1,902,000 
      decrease in interest receivable
    		                                                     2,384,000  -2,410,000 -6,857,000 26,119,000    33,291,000    17,407,000  15,161,143 -24,161,143 24,165,000 
      payment to third parties on debt securities of consolidated trusts
    		                                                     -72,971,000                 
      adjustments to reconcile net income/(loss) to net cash provided by/(used in) operating activities:
    		                                                                      
      net amortization/(accretion) of premiums and discounts on loans, investments, and farmer mac guaranteed securities
    		                                                                      
      purchases of trading investment securities
    		                                                              0        
      gains on the sale of available-for-sale investments
    		                                                                      
      total provision/(recovery) for losses
    		                                                                      
      decrease/(increase) in interest receivable
    		                                                                      
      (decrease)/increase in accrued interest payable
    		                                                          7,950,000 -15,413,000 14,202,000 -16,273,000         
      tax benefit from tax deductions in excess of compensation cost recognized
    		                                                          0 206,000   23,000 247,000 333,000 13,000 739,000 480,652 -238,652 239,000 
      repurchase of preferred stock
    		                                                                      
      net amortization of premiums and discounts on loans, investments and farmer mac guaranteed securities
    		                                                       916,000               
      decrease in accrued interest payable
    		                                                       -1,371,000 3,938,000 -5,649,000            -6,696,000 
      increase in other liabilities
    		                                                          -7,971,000       5,721,000     
      proceeds from repayment of loans
    		                                                       3,056,000 218,000 34,034,000      36,330,000 37,164,000 47,767,000 14,597,000 105,373,574 -44,513,574 44,582,000 
      proceeds from sale of loans held
    		                                                       0 0 358,953,000             
      dividends paid
    		                                                       -4,874,000 -4,637,000 -4,443,000      -1,600,000 -1,592,000 -1,597,000 -1,617,000 -4,953,661 1,669,661 -1,673,000 
      net cash provided by/ (used in) financing activities
    		                                                                      
      amortization of sfas 133 transition adjustment on financial derivatives
    		                                                        50,000 39,000 53,000 66,000 84,000 72,000 76,000 88,000 118,000 91,000 115,000    
      other-than-temporary impairment - credit losses
    		                                                                      
      net amortization of premiums and discounts on loans and investments
    		                                                         1,228,000  1,000,000 1,611,000 1,141,000         
      impairment losses on available-for-sale investment securities
    		                                                         81,000 3,788,000 97,108,000           
      net (loss)/income
    		                                                             -7,697,000         
      net amortization/(accretion) of premiums and discounts on loans and investments
    		                                                                 325,000     
      gains on sale of farmer mac guaranteed securities
    		                                                          22,000            
      gains on the sale of available-for-sale securities
    		                                                                      
      total (recovery)/benefit from losses
    		                                                              0 386,000 100,000 -628,000 -530,000 -2,876,289 1,707,289 -1,709,000 
      decrease/ (increase) in interest receivable
    		                                                                      
      increase in guarantee and commitment fees receivable
    		                                                          -724,000    -2,517,000 1,739,000       
      (decrease)/increase in other assets
    		                                                                      
      proceeds from repayment of investment securities
    		                                                          135,944,000 149,106,000 -71,479,000 367,527,000 1,006,007,000 746,402,000 767,616,000 800,052,000 991,636,000 2,477,294,033 -638,291,033 639,816,000 
      increase in other assets
    		                                                             -7,804,000         
      purchases of farmer mac ii guaranteed securities and
    		                                                                      
      agvantage farmer mac guaranteed securities
    		                                                                    47,419,400 -47,528,000 
      purchases of farmer mac ii guaranteed securities and agvantage farmer mac guaranteed securities
    		                                                            -160,772,000 -60,281,000 -54,726,000 -50,381,000 -61,024,000 -61,098,000     
      adjustments to reconcile net (loss)/income to net cash from operating activities:
    		                                                                      
      net (accretion)/amortization of premiums and discounts on loans and investments
    		                                                                      
      increase in interest receivable
    		                                                                      
      increase in accrued interest payable
    		                                                                   -3,805,784   
      increase/(decrease) in other liabilities
    		                                                                      
      net accretion of premiums and discounts on loans and investments
    		                                                               -727,000       
      gain on sale of available-for-sale securities
    		                                                               -87,000       
      (increase)/decrease in guarantee and commitment fees receivable
    		                                                                 -2,455,000     
      adjustments to reconcile net income to net cash provided by/
    		                                                                      
      (used in) operating activities:
    		                                                                      
      gain on the sale of farmer mac guaranteed securities
    		                                                                      
      net (accretion)/amortization of investment premiums and discounts
    		                                                                   -2,277,763   
      net amortization of debt premiums, discounts and issuance costs
    		                                                                   95,012,780   
      proceeds from sale of loans and farmer mac guaranteed securities
    		                                                                   3,164,967 -1,481,967 1,485,000 
      adjustments to reconcile net income to net cash provided by
    		                                                                      
      operating activities:
    		                                                                      
      amortization of settled financial derivatives contracts
    		                                                                    -88,862 89,000 
      (gains)/losses on the sale of real estate owned
    		                                                                    209,486 -210,000 
      settlement of financial derivatives
    		                                                                    -593,987 594,000 
      see accompanying notes to condensed consolidated financial statements.
    		                                                                      
      net amortization of investment premiums and discounts
    		                                                                     -234,000 
      adjustments to reconcile net income to net cash used in
    		                                                                      
      gain on the repurchase of debt
    		                                                                      
      gains on the sale of farmer mac guaranteed securities
    		                                                                      
      cash dividends paid
    		                                                                      
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.