Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 36

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 36
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$— $— $— $— $— $— $— $— (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)Assets in the "Special mention" category 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.

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As of March 31, 2025Year of Origination:20252024202320222021PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Infrastructure Finance loans(1):Internally Assigned Risk Rating:Acceptable$295,563 $1,172,130 $520,026 $601,968 $175,924 $1,761,509 $529,965 $5,057,085 Special mention(2)— — — 9,724 — — — 9,724 Substandard(3)— — 13,122 29,059 — — — 42,181 Total $295,563 $1,172,130 $533,148 $640,751 $175,924 $1,761,509 $529,965 $5,108,990 For the Three Months Ended March 31, 2025:Current period charge-offs$— $— $— $— $— $— $— $— (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)Assets in the "Special mention" category 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.As of December 31, 2024Year of Origination:20242023202220212020PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Agricultural Finance - Farm & Ranch loans(1):Internally Assigned Risk Rating:Acceptable$987,444 $525,559