v3.26.3
Allowance for Credit Losses - Schedule of Allowance for Credit Losses and Recorded Investment in Financing Receivables (Details) - USD ($)
$ in Thousands
Aug. 31, 2026
May 31, 2026
Aug. 31, 2025
May 31, 2025
Allowance components:        
Collective allowance $ 33,779 $ 29,844    
Asset-specific allowance 43 103    
Total allowance for credit losses 33,822 29,947 $ 42,202 $ 40,615
Loans outstanding:        
Collectively evaluated loans 38,309,656 38,392,544    
Individually evaluated loans 8,002 10,871    
Total $ 38,317,658 $ 38,403,415 37,552,708  
Financing receivable, allowance for coverage ratios 0.09% 0.08%    
Deferred loan origination costs $ 19,660   16,893  
Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.09% 0.08%    
Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.54% 0.95%    
CFC:        
Allowance components:        
Collective allowance $ 25,846 $ 24,153    
Asset-specific allowance 43 103    
Total allowance for credit losses 25,889 24,256 36,114 35,029
Loans outstanding:        
Collectively evaluated loans 36,612,038 36,736,146    
Individually evaluated loans 8,002 10,871    
Total $ 36,620,040 $ 36,747,017    
Financing receivable, allowance for coverage ratios 0.07% 0.07%    
Deferred loan origination costs $ 20,000 $ 19,000    
CFC: | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.07% 0.07%    
CFC: | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.54% 0.95%    
CFC: | Distribution        
Allowance components:        
Collective allowance $ 16,937 $ 16,625    
Asset-specific allowance 0 0    
Total allowance for credit losses 16,937 16,625 19,475 18,473
Loans outstanding:        
Collectively evaluated loans 30,224,580 30,081,853    
Individually evaluated loans 3,002 3,371    
Total $ 30,227,582 $ 30,085,224    
Financing receivable, allowance for coverage ratios 0.06% 0.06%    
CFC: | Distribution | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.06% 0.06%    
CFC: | Distribution | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
CFC: | Power supply        
Allowance components:        
Collective allowance $ 7,924 $ 6,558    
Asset-specific allowance 43 103    
Total allowance for credit losses 7,967 6,661 15,551 15,456
Loans outstanding:        
Collectively evaluated loans 6,123,758 6,395,896    
Individually evaluated loans 5,000 7,500    
Total $ 6,128,758 $ 6,403,396    
Financing receivable, allowance for coverage ratios 0.13% 0.10%    
CFC: | Power supply | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.13% 0.10%    
CFC: | Power supply | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.86% 1.37%    
CFC: | Statewide and associate        
Allowance components:        
Collective allowance $ 985 $ 970    
Asset-specific allowance 0 0    
Total allowance for credit losses 985 970 1,088 1,100
Loans outstanding:        
Collectively evaluated loans 263,700 258,397    
Individually evaluated loans 0 0    
Total $ 263,700 $ 258,397    
Financing receivable, allowance for coverage ratios 0.37% 0.38%    
CFC: | Statewide and associate | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.37% 0.38%    
CFC: | Statewide and associate | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
NCSC:        
Allowance components:        
Collective allowance $ 7,933 $ 5,691    
Asset-specific allowance 0 0    
Total allowance for credit losses 7,933 5,691 6,088 5,586
Loans outstanding:        
Collectively evaluated loans 1,697,618 1,656,398    
Individually evaluated loans 0 0    
Total $ 1,697,618 $ 1,656,398    
Financing receivable, allowance for coverage ratios 0.47% 0.34%    
NCSC: | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.47% 0.34%    
NCSC: | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
NCSC: | Electric        
Allowance components:        
Collective allowance $ 5,836 $ 4,108    
Asset-specific allowance 0 0    
Total allowance for credit losses 5,836 4,108 4,290 3,818
Loans outstanding:        
Collectively evaluated loans 1,111,967 1,073,794    
Individually evaluated loans 0 0    
Total $ 1,111,967 $ 1,073,794    
Financing receivable, allowance for coverage ratios 0.52% 0.38%    
NCSC: | Electric | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.52% 0.38%    
NCSC: | Electric | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%    
NCSC: | Telecom        
Allowance components:        
Collective allowance $ 2,097 $ 1,583    
Asset-specific allowance 0 0    
Total allowance for credit losses 2,097 1,583 $ 1,798 $ 1,768
Loans outstanding:        
Collectively evaluated loans 585,651 582,604    
Individually evaluated loans 0 0    
Total $ 585,651 $ 582,604    
Financing receivable, allowance for coverage ratios 0.36% 0.27%    
NCSC: | Telecom | Collective Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.36% 0.27%    
NCSC: | Telecom | Asset-Specific Allowance        
Loans outstanding:        
Financing receivable, allowance for coverage ratios 0.00% 0.00%