v3.26.3
Loans - Schedule of Loans Outstanding by Borrower Risk Ratings and Origination Year (Details) - USD ($)
$ in Thousands
Aug. 31, 2026
May 31, 2026
Feb. 28, 2026
Aug. 31, 2025
Credit Quality        
Term loans by fiscal year of origination, year one $ 883,590 $ 3,152,482    
Term loans by fiscal year of origination, year two 3,117,908 2,750,825    
Term loans by fiscal year of origination, year three 2,618,484 3,137,015    
Term loans by fiscal year of origination, year four 3,109,175 3,021,027    
Term loans by fiscal year of origination, year five 2,982,349 2,486,371    
Prior 21,343,354 19,273,122 $ 19,273,000  
Revolving Loans 4,262,798 4,582,573    
Total 38,317,658 38,403,415   $ 37,552,708
CFC:        
Credit Quality        
Total 36,620,040 36,747,017    
CFC: | Distribution        
Credit Quality        
Total 30,227,582 30,085,224    
CFC: | Power supply        
Credit Quality        
Total 6,128,758 6,403,396    
CFC: | Statewide and associate        
Credit Quality        
Total 263,700 258,397    
NCSC:        
Credit Quality        
Total 1,697,618 1,656,398    
NCSC: | Electric        
Credit Quality        
Total 1,111,967 1,073,794    
NCSC: | Telecom        
Credit Quality        
Total 585,651 582,604    
Pass        
Credit Quality        
Term loans by fiscal year of origination, year one 883,590 3,151,919    
Term loans by fiscal year of origination, year two 3,117,352 2,750,825    
Term loans by fiscal year of origination, year three 2,618,484 3,136,658    
Term loans by fiscal year of origination, year four 3,108,820 3,016,963    
Term loans by fiscal year of origination, year five 2,978,317 2,486,371    
Prior 21,310,594 19,236,674    
Revolving Loans 4,096,655 4,417,438    
Total 38,113,812 38,196,848    
Pass | CFC:        
Credit Quality        
Term loans by fiscal year of origination, year one 823,424 2,918,827    
Term loans by fiscal year of origination, year two 2,872,966 2,621,155    
Term loans by fiscal year of origination, year three 2,490,885 2,933,823    
Term loans by fiscal year of origination, year four 2,913,545 2,753,668    
Term loans by fiscal year of origination, year five 2,731,841 2,444,002    
Prior 20,746,183 18,698,934    
Revolving Loans 3,837,350 4,170,041    
Total 36,416,194 36,540,450    
Pass | CFC: | Distribution        
Credit Quality        
Term loans by fiscal year of origination, year one 725,865 2,267,762    
Term loans by fiscal year of origination, year two 2,252,924 2,179,606    
Term loans by fiscal year of origination, year three 2,166,390 2,415,406    
Term loans by fiscal year of origination, year four 2,399,047 2,269,673    
Term loans by fiscal year of origination, year five 2,251,870 2,170,793    
Prior 17,373,407 15,531,739    
Revolving Loans 2,868,306 3,060,902    
Total 30,037,809 29,895,881    
Pass | CFC: | Power supply        
Credit Quality        
Term loans by fiscal year of origination, year one 94,559 651,065    
Term loans by fiscal year of origination, year two 620,042 435,159    
Term loans by fiscal year of origination, year three 318,231 482,656    
Term loans by fiscal year of origination, year four 478,876 429,479    
Term loans by fiscal year of origination, year five 426,350 270,611    
Prior 3,349,489 3,145,266    
Revolving Loans 836,211 981,660    
Total 6,123,758 6,395,896    
Pass | CFC: | Statewide and associate        
Credit Quality        
Term loans by fiscal year of origination, year one 3,000 0    
Term loans by fiscal year of origination, year two 0 6,390    
Term loans by fiscal year of origination, year three 6,264 35,761    
Term loans by fiscal year of origination, year four 35,622 54,516    
Term loans by fiscal year of origination, year five 53,621 2,598    
Prior 23,287 21,929    
Revolving Loans 132,833 127,479    
Total 254,627 248,673    
Pass | NCSC:        
Credit Quality        
Term loans by fiscal year of origination, year one 60,166 233,092    
Term loans by fiscal year of origination, year two 244,386 129,670    
Term loans by fiscal year of origination, year three 127,599 202,835    
Term loans by fiscal year of origination, year four 195,275 263,295    
Term loans by fiscal year of origination, year five 246,476 42,369    
Prior 564,411 537,740    
Revolving Loans 259,305 247,397    
Total 1,697,618 1,656,398    
Pass | NCSC: | Electric        
Credit Quality        
Term loans by fiscal year of origination, year one 43,553 122,588    
Term loans by fiscal year of origination, year two 137,322 79,523    
Term loans by fiscal year of origination, year three 78,266 90,059    
Term loans by fiscal year of origination, year four 87,989 243,799    
Term loans by fiscal year of origination, year five 228,018 15,907    
Prior 330,865 324,006    
Revolving Loans 205,954 197,912    
Total 1,111,967 1,073,794    
Pass | NCSC: | Telecom        
Credit Quality        
Term loans by fiscal year of origination, year one 16,613 110,504    
Term loans by fiscal year of origination, year two 107,064 50,147    
Term loans by fiscal year of origination, year three 49,333 112,776    
Term loans by fiscal year of origination, year four 107,286 19,496    
Term loans by fiscal year of origination, year five 18,458 26,462    
Prior 233,546 213,734    
Revolving Loans 53,351 49,485    
Total 585,651 582,604    
Special mention        
Credit Quality        
Term loans by fiscal year of origination, year one 0 563    
Term loans by fiscal year of origination, year two 556 0    
Term loans by fiscal year of origination, year three 0 357    
Term loans by fiscal year of origination, year four 355 4,064    
Term loans by fiscal year of origination, year five 4,032 0    
Prior 27,760 28,948    
Revolving Loans 166,143 165,135    
Total 198,846 199,067    
Special mention | CFC:        
Credit Quality        
Term loans by fiscal year of origination, year one 0 563    
Term loans by fiscal year of origination, year two 556 0    
Term loans by fiscal year of origination, year three 0 357    
Term loans by fiscal year of origination, year four 355 4,064    
Term loans by fiscal year of origination, year five 4,032 0    
Prior 27,760 28,948    
Revolving Loans 166,143 165,135    
Total 198,846 199,067    
Special mention | CFC: | Distribution        
Credit Quality        
Term loans by fiscal year of origination, year one 0 563    
Term loans by fiscal year of origination, year two 556 0    
Term loans by fiscal year of origination, year three 0 357    
Term loans by fiscal year of origination, year four 355 4,064    
Term loans by fiscal year of origination, year five 4,032 0    
Prior 18,687 19,224    
Revolving Loans 166,143 165,135    
Total 189,773 189,343    
Special mention | CFC: | Statewide and associate        
Credit Quality        
Term loans by fiscal year of origination, year one 0 0    
Term loans by fiscal year of origination, year two 0 0    
Term loans by fiscal year of origination, year three 0 0    
Term loans by fiscal year of origination, year four 0 0    
Term loans by fiscal year of origination, year five 0 0    
Prior 9,073 9,724    
Revolving Loans 0 0    
Total 9,073 9,724    
Substandard        
Credit Quality        
Term loans by fiscal year of origination, year one 0 0    
Term loans by fiscal year of origination, year two 0 0    
Term loans by fiscal year of origination, year three 0 0    
Term loans by fiscal year of origination, year four 0 0    
Term loans by fiscal year of origination, year five 0 0    
Prior 0 0    
Revolving Loans 0 0    
Total 0 0    
Doubtful        
Credit Quality        
Term loans by fiscal year of origination, year one 0 0    
Term loans by fiscal year of origination, year two 0 0    
Term loans by fiscal year of origination, year three 0 0    
Term loans by fiscal year of origination, year four 0 0    
Term loans by fiscal year of origination, year five 0 0    
Prior 5,000 7,500    
Revolving Loans 0 0    
Total 5,000 7,500    
Doubtful | CFC: | Power supply        
Credit Quality        
Term loans by fiscal year of origination, year one 0 0    
Term loans by fiscal year of origination, year two 0 0    
Term loans by fiscal year of origination, year three 0 0    
Term loans by fiscal year of origination, year four 0 0    
Term loans by fiscal year of origination, year five 0 0    
Prior 5,000 7,500    
Revolving Loans 0 0    
Total 5,000 7,500    
Criticized        
Credit Quality        
Term loans by fiscal year of origination, year one 0 563    
Term loans by fiscal year of origination, year two 556 0    
Term loans by fiscal year of origination, year three 0 357    
Term loans by fiscal year of origination, year four 355 4,064    
Term loans by fiscal year of origination, year five 4,032 0    
Prior 32,760 36,448    
Revolving Loans 166,143 165,135    
Total $ 203,846 $ 206,567