Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 27

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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 settlements on fair value hedging relationships:Recognized on derivatives7,261 21,746 12,499 (27,776)— 13,730 Recognized on hedged items14,101 56,672 19,633 (100,215)— (9,809)Premium/discount amortization recognized on hedged items796 — — (723)— 73 Income/(expense) related to interest settlements on fair value hedging relationships$22,158 $78,418 $32,132 $(128,714)$— $3,994 Gains/(losses) on fair value hedging relationships:Recognized on derivatives$(19,260)$(37,476)$(8,027)$42,233 $— $(22,530)Recognized on hedged items19,271 37,769 8,860 (40,661)— 25,239 Gains/(losses) on fair value hedging relationships$11 $293 $833 $1,572 $— $2,709 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $3,746 $— $3,746 Recognized on hedged items— — — (6,108)— (6,108)Discount amortization recognized on hedged items— — — (38)— (38)Expense recognized on cash flow hedges$— $— $— $(2,400)$— $(2,400)Gains on financial derivatives not designated in hedging relationships:Losses on interest rate swaps$— $— $— $— $(834)$(834)Interest expense on interest rate swaps— — — — (208)(208)Treasury futures— — — — 1,122 1,122 Gains on financial derivatives not designated in hedge relationships$— $— $— $— $80 $80 

23

For the Three Months Ended June 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