Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 180

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 180
---
847 (319,876)— (78,426)Premium/discount amortization recognized on hedged items1,555 — — (2,156)— (601)Income/(expense) related to interest settlements on fair value hedging relationships$64,768 $277,462 $104,401 $(551,674)$— $(105,043)Gains/(losses) on fair value hedging relationships:Recognized on derivatives$(29,549)$(101,186)$(37,096)$188,182 $— $20,351 Recognized on hedged items30,032 101,890 38,842 (185,304)— (14,540)Gains/(losses) on fair value hedging relationships$483 $704 $1,746 $2,878 $— $5,811 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $16,162 $— $16,162 Recognized on hedged items— — — (24,023)— (24,023)Discount amortization recognized on hedged items— — — (42)— (42)Expense recognized on cash flow hedges$— $— $— $(7,903)$— $(7,903)Losses on financial derivatives not designated in hedge relationships:Losses on interest rate swaps$— $— $— $— $(581)$(581)Interest expense on interest rate swaps— — — — (1,379)(1,379)Treasury futures— — — — 306 306 Losses on financial derivatives not designated in hedge relationships$— $— $— $— $(1,654)$(1,654)

29

The following table shows the carrying amount and associated cumulative basis adjustment related to the application of hedge accounting that is included in the carrying amount of hedged assets and liabilities in fair value hedging relationships as of September 30, 2025 and December 31, 2024:Table 4.3Hedged Items in Fair Value RelationshipCarrying Amount of Hedged Assets/(Liabilities)Cumulative Amount of Fair Value Hedging Adjustments included in the Carrying Amount of