Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 105

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 105
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 Finance Mortgage Loans90-DayDelinquenciesPercentage (dollars in thousands)As of:   September 30, 2025$13,122,678 $177,759 1.35 %June 30, 202512,836,478 125,868 0.98 %March 31, 202512,389,478 159,977 1.29 %December 31, 202412,369,477 108,944 0.88 %September 30, 202411,466,670 144,407 1.26 %June 30, 202411,409,396 62,063 0.54 %March 31, 202411,184,817 76,825 0.69 %December 31, 202311,223,276 34,677 0.31 %September 30, 202311,014,678 42,443 0.39 %

Across all of Farmer Mac's lines of business, 90-day delinquencies represented 0.57% of total outstanding business volume as of September 30, 2025, compared to 0.37% as of December 31, 2024 and 0.51% as of September 30, 2024.

The following table presents outstanding Agricultural Finance mortgage loans and 90-day delinquencies as of September 30, 2025 by year of origination, geographic region, commodity/collateral type, original loan-to-value ratio, and range in the size of borrower exposure:

88

Table 22

Agricultural Finance Mortgage Loans 90-Day Delinquencies as of September 30, 2025 Distribution of Agricultural LoansAgricultural Loans90-Day Delinquencies(1)Percentage (dollars in thousands)By year of origination:    2015 and prior7 %$936,446 $4,707 0.50 %20163 %376,027 10,257 2.73 %20173 %457,814 9,631 2.10 %20184 %527,684 20,263 3.84 %20195 %695,767 24,484 3.52 %202014 %1,780,589 29,429 1.65 %202118 %2