Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 209

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 209
---
 $225,000 $(281,132)$30 $(6,546)$(4,906)$5,425,214 Level 3 Assets and Liabilities Measured at Fair Value for the Six Months Ended June 30, 2025Beginning BalancePurchasesSettlementsAllowance for LossesRealized andunrealized gains/(losses) included in IncomeUnrealized lossesincluded in OtherComprehensiveIncomeEnding Balance(in thousands)Recurring:Assets:Investment Securities:Available-for-sale:Floating rate auction-rate certificates backed by Government guaranteed student loans$19,476 $— $— $(1)$— $— $19,475 Total available-for-sale19,476 — — (1)— — 19,475 Farmer Mac Guaranteed Securities:Available-for-sale:AgVantage5,505,531 400,000 (292,849)45 119,878 (9,715)5,722,890 Farmer Mac Guaranteed Securities9,015 — (340)— — (62)8,613 Total available-for-sale5,514,546 400,000 (293,189)45 119,878 (9,777)5,731,503 USDA Securities:Trading818 — (271)— 13 — 560 Total USDA Securities818 — (271)— 13 — 560 Guarantee and commitment obligations:Guarantee Asset5,382 — (171)— (70)— 5,141 Total Guarantee and commitment obligations5,382 — (171)— (70)— 5,141 Total Assets at fair value$5,540,222 $400,000 $(293,631)$44 $119,821 $(9,777)$5,756,679 

47

Level 3 Assets and Liabilities Measured at Fair Value for the Six Months Ended June 30, 2024Beginning BalancePurchasesSettlementsAllowance for LossesRealized andunrealized (losses)/gains included in IncomeUnrealized gains/(losses)included in OtherComprehensiveIncomeEnding Balance(in thousands)Recurring:Assets:Investment Securities:Available-for-sale:Floating rate auction-rate certificates backed by Government guaranteed student loans$19,082 $— $— $2 $—