Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 179

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 179
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,003 $(393,961)$— $6,236 (Losses)/gains on fair value hedging relationships:Recognized on derivatives$(60,853)$(139,496)$(63,445)$144,818 $— $(118,976)Recognized on hedged items60,625 139,035 64,277 (141,290)— 122,647 (Losses)/gains on fair value hedging relationships$(228)$(461)$832 $3,528 $— $3,671 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $11,163 $— $11,163 Recognized on hedged items— — — (18,290)— (18,290)Discount amortization recognized on hedged items— — — (60)— (60)Expense recognized on cash flow hedges$— $— $— $(7,187)$— $(7,187)Losses on financial derivatives not designated in hedging relationships:Losses on interest rate swaps$— $— $— $— $(3,063)$(3,063)Interest expense on interest rate swaps— — — — (597)(597)Treasury futures— — — — 42 42 Losses on financial derivatives not designated in hedge relationships$— $— $— $— $(3,618)$(3,618)

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For the Nine Months Ended September 30, 2024Net Income/(Expense) Recognized in Consolidated Statement of Operations on DerivativesNet Interest IncomeNon-Interest IncomeTotalInterest Income Investments and Cash Equivalents Interest Income Farmer Mac Guaranteed Securities and USDA SecuritiesInterest Income LoansTotal Interest ExpenseLosses on financial derivatives(in thousands)Total amounts presented in the Consolidated Statement of Operations:$258,341 $489,478 $459,932 $(947,252)$(1,654)$258,845 Income/(expense) related to interest settlements on fair value hedging relationships:Recognized on derivatives31,479 118,593 53,554 (229,642)— (26,016)Recognized on hedged items31,734 158,869 50,