Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 169

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 169
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 maturity as of September 30, 2025 are set forth below. Asset-backed and mortgage-backed securities are included based on their final maturities, although the actual maturities may differ due to prepayments of the underlying assets.Table 2.3 As of September 30, 2025Available-for-Sale SecuritiesAmortizedCostFair ValueWeighted-AverageYield (dollars in thousands)Due within one year$876,565 $877,887 4.05%Due after one year through five years2,267,630 2,272,750 4.14%Due after five years through ten years2,540,002 2,481,095 3.80%Due after ten years1,030,580 1,024,214 4.79%Total$6,714,777 $6,655,946 4.10%

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3.FARMER MAC GUARANTEED SECURITIES AND USDA SECURITIES

The following tables set forth information about on-balance sheet Farmer Mac Guaranteed Securities and USDA Securities as of September 30, 2025 and December 31, 2024:Table 3.1  As of September 30, 2025Unpaid Principal BalanceUnamortized Premium/(Discount)AmortizedCost(1)Allowance for losses(2)UnrealizedGainsUnrealizedLossesFair Value (in thousands)Available-for-sale:    AgVantage$6,034,583 $— $6,034,583 $(138)$27,270 $(216,073)$5,845,642 Farmer Mac Guaranteed Securities(3)— 8,206 8,206 — 250 — 8,456 Total available-for-sale$6,034,583 $8,206 $6,042,789 $(138)$27,520 $(216,073)$5,854,098 Held-to-maturity:AgVantage$1,647,063 $(25,178)$1,621,885 $(128)$9,156 $(8,575)$1,622,338 Farmer Mac Guaranteed USDA Securities70,821 23 70,844 — 1,484 (516)71,812 Total Farmer Mac Guaranteed Securities1,717,884 (25,155)1