v3.26.3
CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Aug. 31, 2026
May 31, 2026
Assets:    
Cash and cash equivalents $ 202,542 $ 248,819
Restricted cash 8,650 8,599
Total cash, cash equivalents and restricted cash 211,192 257,418
Investment securities:    
Debt securities trading, at fair value 27,667 31,144
Equity securities, at fair value 12,551 11,021
Total investment securities, at fair value 40,218 42,165
Loans to members 38,337,318 38,422,128
Less: Allowance for credit losses (33,822) (29,947)
Loans to members, net 38,303,496 38,392,181
Accrued interest receivable 185,937 264,952
Other receivables 24,956 26,679
Fixed assets, net of accumulated depreciation of $96,737 and $98,647 as of August 31, 2026 and May 31, 2026, respectively 74,124 75,619
Derivative assets 637,736 554,116
Other assets 91,167 91,217
Total assets 39,568,826 39,704,347
Liabilities:    
Accrued interest payable 306,740 308,506
Debt outstanding:    
Short-term borrowings 4,789,088 5,159,771
Long-term debt 28,461,438 28,345,934
Subordinated deferrable debt 1,310,162 1,310,282
Members’ subordinated certificates:    
Membership subordinated certificates 627,272 627,272
Loan and guarantee subordinated certificates 252,778 253,671
Member capital securities 247,297 247,297
Total members’ subordinated certificates 1,127,347 1,128,240
Total debt outstanding 35,688,035 35,944,227
Patronage capital retirement payable 61,813 0
Deferred income 29,111 29,948
Derivative liabilities 32,448 31,414
Other liabilities 65,196 78,116
Total liabilities 36,183,343 36,392,211
CFC equity:    
Retained equity 3,365,568 3,292,893
Accumulated other comprehensive loss (2,205) (2,369)
Total CFC equity 3,363,363 3,290,524
Noncontrolling interests 22,120 21,612
Total equity 3,385,483 3,312,136
Total liabilities and equity $ 39,568,826 $ 39,704,347