Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 42

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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 Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $3,180 $— $— $3,180 (1)Amounts represent unpaid principal balance of risk-rated loans, which is the basis Farmer Mac uses to analyze its portfolio, and recorded investment of past due loans.(2)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (3)Substandard assets have a well-defined weakness or weaknesses and there is a distinct possibility that some loss will be sustained if deficiencies are not corrected.As of September 30, 2025Year of Origination:20252024202320222021PriorRevolving Loans - Amortized Cost BasisTotal(in thousands)Infrastructure Finance loans(1):Internally Assigned Risk Rating:Acceptable$1,048,515 $1,342,238 $582,192 $525,640 $183,246 $1,697,185 $689,950 $6,068,966 Special mention(2)— — — 7,152 — — — 7,152 Substandard(3)— — 26,542 45,620 — — — 72,162 Total $1,048,515 $1,342,238 $608,734 $578,412 $183,246 $1,697,185 $689,950 $6,148,280 For the Three Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— For the Nine Months Ended September 30, 2025:Current period charge-offs$— $— $— $— $— $— $— $— (1)Amounts represent unpaid principal balance of risk-rated loans, which is the basis Farmer Mac uses to analyze its portfolio, and recorded investment of past due loans.(2)Special mention assets generally have potential weaknesses due to performance issues but are currently considered to be adequately secured.  (3)Substandard assets have a well-defined weakness or weaknesses and there is a distinct possibility that some loss will be sustained if deficiencies are not corrected.

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As of December 31, 2024Year of Orig