Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 64

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 64
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Finance loans(1):Internally Assigned Risk Rating:Acceptable$207,279 $97,922 $261,992 $123,158 $99,352 $112,947 $254,325 $1,156,975 Special mention(2)— 14,522 15,408 50,822 20,333 — 1,663 102,748 Substandard(3)— — — — — — — — Total$207,279 $112,444 $277,400 $173,980 $119,685 $112,947 $255,988 $1,259,723 For the Year Ended December 31, 2023:Current period charge-offs$— $— $— $— $— $— $— $— (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.

164

As of December 31, 2023Year of Origination:20232022202120202019PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Infrastructure Finance loans(1):Internally Assigned Risk Rating:Acceptable$618,946 $681,272 $187,746 $593,841 $701,937 $611,548 $100,223 $3,495,513 Special mention(2)— 9,850 — — — — — 9,850 Substandard(3)— 29,400 — — — — — 29,400 Total $618,946 $720,522 $187,746 $593,841 $701,937 $611,548 $100,223 $3,534,763 For the Year Ended December 31, 2023:Current period charge-offs$— $— $— $— $— $— $— $— (1)