Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 40

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 40
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,956 3.90%Due after one year through five years2,308,576 2,288,524 4.09%Due after five years through ten years2,441,044 2,319,007 3.94%Due after ten years891,565 880,527 4.97%Total$6,105,116 $5,953,014 4.15%

145

5.FARMER MAC GUARANTEED SECURITIES AND USDA SECURITIES

The following tables set forth information about on-balance sheet Farmer Mac Guaranteed Securities and USDA Securities as of December 31, 2024 and 2023:Table 5.1  As of December 31, 2024Unpaid Principal BalanceUnamortized Premium/(Discount)AmortizedCost(1)Allowance for losses(2)UnrealizedGainsUnrealizedLossesFair Value (in thousands)Held-to-maturity:AgVantage$2,694,492 $(26,928)$2,667,564 $(178)$5,978 $(21,592)$2,651,772 Farmer Mac Guaranteed USDA Securities50,275 27 50,302 — 246 (1,220)49,328 Total Farmer Mac Guaranteed Securities2,744,767 (26,901)2,717,866 (178)6,224 (22,812)2,701,100 USDA Securities2,351,334 19,200 2,370,534 — 180 (258,190)2,112,524 Total held-to-maturity$5,096,101 $(7,701)$5,088,400 $(178)$6,404 $(281,002)$4,813,624 Available-for-sale:    AgVantage$5,826,948 $— $5,826,948 $(236)$6,295 $(327,476)$5,505,531 Farmer Mac Guaranteed Securities(3)— 8,710 8,710 — 305 — 9,015 Total available-for-sale$5,826,948 $8,710 $5,835,658 $(236)$6,600 $(327,476)$5,514,546 Trading:    USDA Securities(4)$