Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 201

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 201
---
 12,197 88,352 Substandard(2)— — 1,246 1,135 6,345 21,297 1,217 31,240 Total$70,757 $169,609 $273,717 $580,836 $594,297 $1,379,249 $466,323 $3,534,788 For the Three Months Ended June 30, 2024:Current period charge-offs$— $— $— $— $— $— $— $— For the Six Months Ended June 30, 2024:Current period charge-offs$— $— $— $— $— $— $— $— (1)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (2)Substandard assets have a well-defined weakness or weaknesses and there is a distinct possibility that some loss will be sustained if deficiencies are not corrected.

39

As of December 31, 2024Year of Origination:20242023202220212020PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Infrastructure Finance:Internally Assigned Risk Rating:Acceptable$— $— $— $— $— $355,848 $376,883 $732,731 Special mention(1)— — — — — — — — Substandard(2)— — — — — — — — Total$— $— $— $— $— $355,848 $376,883 $732,731 For the Three Months Ended June 30, 2024:Current period charge-offs$— $— $— $— $— $— $— $— For the Six Months Ended June 30, 2024:Current period charge-offs$— $— $— $— $— $— $— $— (1)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (2)Substandard assets have a well-defined weakness or weaknesses and there is a distinct possibility that some loss will be sustained if deficiencies are not corrected.