Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 41

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 41
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12,019 32,023 32,421 69,490 36,028 151,575 26,248 359,804 Total$1,309,629 $1,093,129 $532,055 $1,044,758 $1,529,327 $2,175,303 $436,232 $8,120,433 For the Three Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $721 $522 $— $1,243 For the Nine Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $721 $1,687 $1,675 $4,083 (1)Amounts represent unpaid principal balance of risk-rated loans, which is the basis Farmer Mac uses to analyze its portfolio, and recorded investment of past due loans.(2)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (3)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.

35

As of September 30, 2025Year of Origination:20252024202320222021PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Agricultural Finance - Corporate AgFinance(1):Internally Assigned Risk Rating:Acceptable$235,810 $185,210 $129,135 $58,287 $146,858 $256,876 $290,390 $1,302,566 Special mention(2)— 11,841 — — — 26,379 10,261 48,481 Substandard(3)— — 7,312 — 24,711 44,987 24,341 101,351 Total$235,810 $197,051 $136,447 $58,287 $171,569 $328,242 $324,992 $1,452,398 For the Three Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $3,180 $— $— $3,180 For the Nine