Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 145

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 8
Chunk 145
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 statement of operations:$84,924 $166,813 $144,580 $(309,949)$2,079 $88,447 Income/(expense) related to interest settlements on fair value hedging relationships:Recognized on derivatives10,297 40,332 17,849 (83,551)— (15,073)Recognized on hedged items9,948 51,705 16,598 (106,433)— (28,182)Premium/discount amortization recognized on hedged items445 — — (747)— (302)Income/(expense) related to interest settlements on fair value hedging relationships$20,690 $92,037 $34,447 $(190,731)$— $(43,557)Gains/(losses) on fair value hedging relationships:Recognized on derivatives$27,789 $81,586 $48,180 $(54,717)$— $102,838 Recognized on hedged items(27,521)(80,743)(47,061)55,489 — (99,836)Gains/(losses) on fair value hedging relationships$268 $843 $1,119 $772 $— $3,002 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $5,431 $— $5,431 Recognized on hedged items— — — (8,091)— (8,091)Discount amortization recognized on hedged items— — — (14)— (14)Expense recognized on cash flow hedges$— $— $— $(2,674)$— $(2,674)Gains on financial derivatives not designated in hedge relationships:Gains on interest rate swaps$— $— $— $— $754 $754 Interest expense on interest rate swaps— — — — (34)(34)Treasury futures— — — — 1,359 1,359 Gains on financial derivatives not designated in hedge relationships$— $— $— $— $2,079 $2,079 

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The following table shows the carrying amount and associated cumulative basis