Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 191

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 191
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404,950 $6,882,304 Special mention(2)139,297 34,290 32,886 24,204 7,533 23,099 22,087 283,396 Substandard(3)8,077 28,790 52,350 24,733 60,418 92,594 20,353 287,315 Total$1,134,818 $588,639 $1,165,169 $1,626,242 $1,087,730 $1,403,027 $447,390 $7,453,015 For the Three Months Ended September 30, 2024:Current period charge-offs$— $— $— $— $— $— $— $— For the Nine Months Ended September 30, 2024:Current period charge-offs$— $— $— $101 $— $— $— $101 (1)Amounts represent unpaid principal balance of risk-rated loans, which is the basis Farmer Mac uses to analyze its portfolio, and recorded investment of past due loans.(2)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (3)Substandard assets have a well-defined weakness or weaknesses and there is a distinct possibility that some loss will be sustained if deficiencies are not corrected.As of December 31, 2024Year of Origination:20242023202220212020PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Agricultural Finance - Corporate AgFinance loans(1):Internally Assigned Risk Rating:Acceptable$210,807 $152,918 $64,860 $235,493 $80,085 $161,354 $262,295 $1,167,812 Special mention(2)— 37,010 — 14,557 75,440 — 7,158 134,165 Substandard(3)— 7,309 7,652 — 14,335 33,479 16,922 79,697 Total$210,807 $197,237 $72,512 $250,050 $169,860 $194,833 $286,375 $1,381,674 For