Company: AGM-PH
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0000845877-25-000204
Chunk: 260

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 8
Chunk 260
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,957 12 %Farmer Mac Guaranteed Securities7,862,498 8,232,234 (369,736)(4)%USDA Securities2,407,198 2,371,352 35,846 2 %Loans, net of allowance12,205,432 11,166,984 1,038,448 9 %Loans held in trusts2,274,551 2,037,654 236,897 12 %Other518,643 519,210 (567)— %Total assets$32,995,909 $31,324,742 $1,671,167 5 %LiabilitiesNotes Payable$28,843,331 $27,371,174 $1,472,157 5 %Debt securities of consolidated trusts held by third parties2,157,962 1,929,628 228,334 12 %Other450,309 534,914 (84,605)(16)%Total liabilities$31,451,602 $29,835,716 $1,615,886 5 %Total equity1,544,307 1,489,026 55,281 4 %Total liabilities and equity$32,995,909 $31,324,742 $1,671,167 5 %

Assets. The increase in total assets was primarily attributable to new loan volume and a larger investment portfolio.

Liabilities. The increase in total liabilities was primarily due to an increase in total notes payable to fund the acquisition of loan volume. 

Equity. The increase in total equity was primarily due to an increase in retained earnings.

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