Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 20

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 20
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 losses(2)UnrealizedGainsUnrealizedLossesFair Value (in thousands)Available-for-sale:    AgVantage$5,934,100 $— $5,934,100 $(192)$23,599 $(234,617)$5,722,890 Farmer Mac Guaranteed Securities(3)— 8,369 8,369 — 244 — 8,613 Total available-for-sale$5,934,100 $8,369 $5,942,469 $(192)$23,843 $(234,617)$5,731,503 Held-to-maturity:AgVantage$2,087,686 $(25,746)$2,061,940 $(169)$8,740 $(13,435)$2,057,076 Farmer Mac Guaranteed USDA Securities69,200 24 69,224 — 683 (1,201)68,706 Total Farmer Mac Guaranteed Securities2,156,886 (25,722)2,131,164 (169)9,423 (14,636)2,125,782 USDA Securities2,388,895 17,743 2,406,638 — 6,144 (210,212)2,202,570 Total held-to-maturity$4,545,781 $(7,979)$4,537,802 $(169)$15,567 $(224,848)$4,328,352 Trading:    USDA Securities(4)$552 $33 $585 $— $— $(25)$560 (1)Amounts presented exclude $63.9 million and $46.6 million of accrued interest receivable on available-for-sale and held-to-maturity securities, respectively, as of June 30, 2025.(2)Represents the amount of impairment that has resulted from credit-related factors, and therefore was recognized in the Consolidated Statement of Operations as a provision for losses. Amount excludes unrealized losses relating to non-credit factors.(3)Fair value includes $8.6 million of an interest-only security with a notional amount of $214.2 million.(4)The trading USDA securities had a weighted average yield of 5.63% as of June 30, 2025.

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 As of December 31