v3.26.1
INVESTMENT SECURITIES - Schedule of Farmer Mac Investment Securities (Details) - USD ($)
$ in Thousands
Mar. 31, 2026
Dec. 31, 2025
AFS Securities    
Amortized Cost $ 14,269,843 $ 13,813,551
AFS investment securities 13,971,122 13,580,285
HTM:    
Amortized cost 4,230,583 3,954,223
Total AFS Investment Securities    
AFS Securities    
Amortized Cost 14,269,843 13,813,551
Allowance for losses (138) (130)
Unrealized Gains 41,921 71,380
Unrealized Losses (340,504) (304,516)
AFS investment securities 13,971,122 13,580,285
HTM:    
Amortized cost 4,230,652 3,954,300
Allowance for losses (69) (77)
Unrealized Gains 16,223 22,576
Unrealized Losses (190,937) (182,847)
Total 4,055,869 3,793,952
Available-for-sale, accrued interest excluded 98,100 91,300
Held-to-maturity, accrued interest excluded 45,100 56,700
Government/GSE guaranteed MBS    
AFS Securities    
Amortized Cost 5,549,969 5,351,174
Allowance for losses 0 0
Unrealized Gains 22,954 35,078
Unrealized Losses (96,089) (89,234)
AFS investment securities 5,476,834 5,297,018
HTM:    
Amortized cost 8,497 8,657
Allowance for losses 0 0
Unrealized Gains 204 281
Unrealized Losses 0 0
Total 8,701 8,938
U.S. Treasuries    
AFS Securities    
Amortized Cost 1,612,868 1,537,112
Allowance for losses 0 0
Unrealized Gains 2,338 7,083
Unrealized Losses (2,416) (48)
AFS investment securities 1,612,790 1,544,147
ABS    
AFS Securities    
Amortized Cost 45,000  
Allowance for losses 0  
Unrealized Gains 0  
Unrealized Losses (414)  
AFS investment securities 44,586  
AgVantage    
AFS Securities    
Amortized Cost 7,054,127 6,917,225
Allowance for losses (138) (130)
Unrealized Gains 16,355 29,056
Unrealized Losses (241,585) (215,234)
AFS investment securities 6,828,759 6,730,917
HTM:    
Amortized cost 1,723,852 1,486,284
Allowance for losses (69) (77)
Unrealized Gains 11,616 16,444
Unrealized Losses (10,897) (3,731)
Total 1,724,502 1,498,920
Interest-Only Farmer Mac Guaranteed Securities    
AFS Securities    
Amortized Cost 7,879 8,040
Allowance for losses 0 0
Unrealized Gains 274 163
Unrealized Losses 0 0
AFS investment securities 8,153 8,203
USDA Securities    
HTM:    
Amortized cost 2,498,303 2,459,359
Allowance for losses 0 0
Unrealized Gains 4,403 5,851
Unrealized Losses (180,040) (179,116)
Total $ 2,322,666 $ 2,286,094