Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 46

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 46
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 Days60-89 Days90 Days and Greater(1)Total Past DueTotal Loans(in thousands)Agricultural Finance:$3,524,406 $1,421 $1,358 $7,603 $10,382 $3,534,788 Infrastructure Finance:732,731 — — — — 732,731 Total$4,257,137 $1,421 $1,358 $7,603 $10,382 $4,267,519 (1)Includes loans underlying off-balance sheet Farmer Mac Guaranteed Securities and LTSPCs that are 90 days or more past due, in foreclosure, or in bankruptcy with at least one missed payment, excluding loans performing under either their original loan terms or a court-approved bankruptcy plan.Credit Quality IndicatorsThe following tables present credit quality indicators related to Agricultural Finance and Infrastructure loans underlying LTSPCs and Farmer Mac Guaranteed Securities as of June 30, 2025 and December 31, 2024, by year of origination:Table 6.8As of June 30, 2025Year of Origination:20252024202320222021PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Agricultural Finance:Internally Assigned Risk Rating:Acceptable$36,634 $87,943 $162,125 $246,485 $548,374 $1,813,260 $455,175 $3,349,996 Special mention(1)— — 7,839 20,751 7,589 43,494 12,572 92,245 Substandard(2)— — — — 14,082 23,383 320 37,785 Total$36,634 $87,943 $169,964 $267,236 $570,045 $1,880,137 $468,067 $3,480,026 For the Three Months Ended June 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— For the Six Months Ended June 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— (1)Special mention assets generally have potential