Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 5

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 5
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117,131 Accrued interest payable (includes $12,387 and $9,407, respectively, related to consolidated trusts)195,113 181,841 Guarantee and commitment obligation48,326 47,563 Accounts payable and accrued expenses212,527 76,662 Reserve for losses1,622 1,711 Total Liabilities29,835,716 28,112,519 Commitments and Contingencies (Note 12)Equity:  Preferred stock:  Series C, par value $25 per share, 3,000,000 shares authorized, issued and outstanding as of December 31, 2023 (redemption value $75,000,000)— 73,382 Series D, par value $25 per share, 4,000,000 shares authorized, issued and outstanding96,659 96,659 Series E, par value $25 per share, 3,180,000 shares authorized, issued and outstanding77,003 77,003 Series F, par value $25 per share, 4,800,000 shares authorized, issued and outstanding116,160 116,160 Series G, par value $25 per share, 5,000,000 shares authorized, issued and outstanding121,327 121,327 Common stock:  Class A Voting, $1 par value, no maximum authorization, 1,030,780 shares outstanding1,031 1,031 Class B Voting, $1 par value, no maximum authorization, 500,301 shares outstanding500 500 Class C Non-Voting, $1 par value, no maximum authorization, 9,360,083 shares and 9,310,872 shares outstanding, respectively9,360 9,311 Additional paid-in capital135,894 132,919 Accumulated other comprehensive loss, net of tax(12,147)(40,145)Retained earnings943,239 823,716 Total Equity1,489,026 1,411,863 Total Liabilities and Equity$31,324,742 $29,524,382 

 The accompanying notes are an integral part of these consolidated financial statements.

117

FEDERAL AGRICULTURAL MORTGAGE CORPORATION AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF OPERATIONS

For the Years Ended December 31, 202420232022 (in thousands