Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 201

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 7
Chunk 201
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000 in servicing fees for its work as a Farmer Mac servicer, respectively.Farm Credit Bank of Texas (FCBT)  38,503 shares of Class B voting common stock(7.70% of outstanding Class B stock and 2.51% of total voting common stock outstanding)None In 2024 and 2023, Farmer Mac earned approximately $3.6 million and $3.4 million, respectively, in fees attributable to transactions with FCBT, primarily commitment fees for LTSPCs.In both 2024 and 2023, FCBT retained approximately $0.1 million in servicing fees for its work as a Farmer Mac servicer.Matthew 25 Management Corp.79,484 shares of Class A voting common stock (7.71% of outstanding Class A stock and 5.19% of total voting common stock outstanding)NoneFarmer Mac did not conduct any business with Matthew 25 Management Corp. during 2024 and 2023.

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Name of Institution Ownership of Farmer Mac Voting Common Stock Affiliation with AnyFarmer Mac Directors Primary Aspects of Institution'sBusiness Relationship with Farmer MacNational Rural Utilities Cooperative Finance Corporation (CFC)  81,500 shares of Class A voting common stock(7.91% of outstanding Class A stock and 5.32% of total voting common stock outstanding)  None  Transactions with CFC represented 27.9% and 37.1% of loans under the Infrastructure Finance line of business during 2024 and 2023, respectively.In 2024 and 2023, Farmer Mac earned commitment fees of approximately $0.9 million and $1.0 million, respectively, attributable to transactions with CFC.In 2024 and 2023, Farmer Mac earned interest income of $158.4 million and $143.5 million, respectively, attributable to AgVantage transactions with CFC.In 2024 and 2023, CFC retained approximately $4.1 million and $3.7 million in servicing fees for its work as a Farmer Mac servicer, respectively.Zions Bancorporation, National Association (Zions)322,100 shares of Class A voting common stock(31.25% of outstanding Class A stock and 21.04% of total voting common stock outstanding)   None  In 202