Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 246

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 246
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antage securities$129,250 $274,650 $434,125 $686,200 Loans securitized and held in consolidated trusts with beneficial interests owned by third parties (structured and single-class)314,403 314,545 340,426 330,481 Total Farmer Mac Guaranteed Securities Issuances$443,653 $589,195 $774,551 $1,016,681 

During the three and six months ended June 30, 2025 and 2024, Farmer Mac realized no gains or losses from the securitization of loans that it holds in consolidated trusts. Farmer Mac consolidates these loans and presents them as "Loans held for investment in consolidated trusts, at amortized cost" on the Consolidated Balance Sheets. 

During the three and six months ended June 30, 2025 and 2024, Farmer Mac realized no gains or losses from the issuance of Farmer Mac Guaranteed USDA Securities or AgVantage Securities.

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The following table sets forth information about outstanding volume in each of Farmer Mac's lines of business as of the dates indicated:

Table 18Outstanding Business VolumeOn or Off Balance SheetAs of June 30, 2025As of December 31, 2024(in thousands)Agricultural Finance:Farm & Ranch:LoansOn-balance sheet$5,630,602 $5,414,732 Loans held in consolidated trusts:Beneficial interests owned by third-party investors (single-class)(1)On-balance sheet877,422 885,295 Beneficial interests owned by third-party investors (structured)(1)On-balance sheet1,397,832 1,152,988 IO-FMGS(2)On-balance sheet8,369 8,710 USDA SecuritiesOn-balance sheet2,458,647 2,402,423 AgVantage Securities(1)On-balance sheet3,985,000 4,720,000 LTSPCs and unfunded loan commitmentsOff-balance sheet3,019,531 3,070,554 Other Farmer Mac Guaranteed Securities(3)Off-balance sheet399,168 426,310 Loans serviced for othersOff-balance sheet441,334 525,956 Total Farm & Ranch$18,217,905 $18,606,968 Corporate AgFinance:LoansOn-balance sheet$1,