Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 47

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 47
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 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.

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As of June 30, 2025Year of Origination:20252024202320222021PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Infrastructure Finance:Internally Assigned Risk Rating:Acceptable$— $— $— $— $— $342,546 $809,740 $1,152,286 Special mention(1)— — — — — — — — Substandard(2)— — — — — — 2,040 2,040 Total$— $— $— $— $— $342,546 $811,780 $1,154,326 For the Three Months Ended June 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— For the Six Months Ended June 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— (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.As of December 31, 2024Year of Origination:20242023202220212020PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Agricultural Finance:Internally Assigned Risk Rating:Acceptable$70,757 $163,646 $267,551 $563,747 $583,598 $1,312,988 $452,909 $3,415,196 Special mention(1)— 5,963 4,920 15,954 4,354 44,964 12,197 88,352 Substandard(2)— — 1,246 1,135 6,345 21,297 1,217 31,240 Total$70,757 $169,609