Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 271

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 271
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25,662 0.98 %70.01% to 80.00%(3)2 %267,909 1,926 0.72 %80.01% to 90.00%(3)— %27,467 — — %Enterprise Value(4)7 %810,389 — — %Total100 %$12,389,478 $159,977 1.29 %By size of borrower exposure(5):Less than $1,000,00027 %$3,331,076 $17,866 0.54 %$1,000,000 to $4,999,99939 %4,828,674 75,011 1.55 %$5,000,000 to $9,999,99914 %1,729,396 29,496 1.71 %$10,000,000 to $24,999,99913 %1,561,391 — — %$25,000,000 and greater7 %938,941 37,604 4.00 %Total100 %$12,389,478 $159,977 1.29 %

(1)Includes loans held and 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.

(2)Geographic regions:  Northwest (AK, ID, MT, OR, WA, WY); Southwest (AZ, CA, CO, HI, NM, NV, UT); Mid-North (IA, IL, IN, MI, MN, NE, ND, SD, WI); Mid-South (AR, KS, LA, MO, OK, TX); Northeast (CT, DE, KY, MA, MD, ME, NH, NJ, NY, OH, PA, RI, VA, VT, WV); Southeast (AL, FL, GA, MS, NC, SC, TN).

(3)Primarily part-time farm loans. Loans with an original loan-to-value ratio of greater than 80% are required to have private mortgage insurance.

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(4)"Enterprise Value" loans are generally secured by all business assets and common stock (in addition to first lien