v3.25.2
FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES (Tables)
6 Months Ended
Jun. 30, 2025
FANNIE MAE COMMITMENTS AND PLEDGED SECURITIES  
Schedule of Pledged Securities at Fair Value

June 30, 

December 31,

Pledged Securities (in thousands)

2025

    

2024

    

2024

    

2023

 

Restricted cash

$

1,176

$

3,663

$

3,015

$

2,727

Money market funds

16,790

34,272

20,457

38,556

Total pledged cash and cash equivalents

$

17,966

$

37,935

$

23,472

$

41,283

Agency MBS

 

200,469

160,001

 

183,432

 

142,798

Total pledged securities, at fair value

$

218,435

$

197,936

$

206,904

$

184,081

Schedule of Investment Information Related to AFS Agency MBS

Fair Value and Amortized Cost of Agency MBS (in thousands)

June 30, 2025

    

December 31, 2024

    

Fair value

$

200,469

$

183,432

Amortized cost

198,951

182,912

Total gains for securities with net gains in AOCI

2,669

1,650

Total losses for securities with net losses in AOCI

 

(1,151)

 

(1,130)

Fair value of securities with unrealized losses

 

122,983

 

136,976

Schedule of Contractual Maturity Information Related to Agency MBS

June 30, 2025

Detail of Agency MBS Maturities (in thousands)

Fair Value

    

Amortized Cost

    

Within one year

$

$

After one year through five years

93,675

93,732

After five years through ten years

90,867

89,781

After ten years

 

15,927

15,438

Total

$

200,469

$

198,951