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

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 25
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5 and December 31, 2024, respectively. As of September 30, 2025 and December 31, 2024, 48 and 54 available-for-sale AgVantage securities had been in a loss position for more than 12 months, respectively. As of September 30, 2025 and December 31, 2024, there were 17 and 26 held-to-maturity AgVantage securities, respectively, in a loss position for more than 12 months. During the three and nine months ended September 30, 2025 and 2024, Farmer Mac had no sales of Farmer Mac Guaranteed Securities or USDA Securities, therefore, Farmer Mac realized no gains or losses. 

22

The amortized cost, fair value, and weighted-average yield of available-for-sale and held-to-maturity securities by remaining contractual maturity as of September 30, 2025 are set forth below. The balances presented are based on their contractual maturities, although the actual maturities may differ due to prepayments of the underlying assets.Table 3.3As of September 30, 2025Available-for-Sale SecuritiesAmortizedCost(1)Fair ValueWeighted-AverageYield (dollars in thousands)Due within one year$755,000 $753,819 4.37 %Due after one year through five years3,312,473 3,282,253 3.81 %Due after five years through ten years1,041,694 972,023 3.51 %Due after ten years933,622 846,003 3.99 %Total$6,042,789 $5,854,098 3.85 %(1)Amounts presented exclude $60.3 million of accrued interest receivable.As of September 30, 2025Held-to-Maturity SecuritiesAmortizedCost(1)Fair ValueWeighted-AverageYield (dollars in thousands)Due within one year$590,175 $587,330 3.58 %Due after one year through five years497,963 498,841 4.61 %Due after five years through ten years326,128 302,526 3.79 %Due after ten years2,667,643 2,554,613 4.36 %Total$4,081,909 $