Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 50

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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 Total available-for-sale5,514,546 300,000 (276,028)50 82,066 2,750 5,623,384 USDA Securities:Trading818 — (175)— 8 — 651 Total USDA Securities818 — (175)— 8 — 651 Guarantee and commitment obligations:Guarantee Asset5,382 — (86)— 1 — 5,297 Total Guarantee and commitment obligations5,382 — (86)— 1 — 5,297 Total Assets at fair value$5,540,222 $300,000 $(276,289)$50 $82,075 $2,627 $5,648,685 

42

Level 3 Assets and Liabilities Measured at Fair Value for the Three Months Ended March 31, 2024Beginning BalancePurchasesSettlementsAllowance for LossesRealized andunrealized losses included in IncomeUnrealized gains/(losses)included in OtherComprehensiveIncomeEnding Balance(in thousands)Recurring:Assets:Investment Securities:Available-for-sale:Floating rate auction-rate certificates backed by Government guaranteed student loans$19,082 $— $— $1 $— $198 $19,281 Total available-for-sale19,082 — — 1 — 198 19,281 Farmer Mac Guaranteed Securities:Available-for-sale:AgVantage5,522,712 50,000 (63,955)27 (80,694)29,107 5,457,197 Farmer Mac GuaranteedSecurities9,767 — (177)— — (99)9,491 Total available-for-sale5,532,479 50,000 (64,132)27 (80,694)29,008 5,466,688 USDA Securities:Trading1,241 — (174)— (1)— 1,066 Total USDA Securities1,241 — (174)— (1)— 1,066 Guarantee and commitment obligations:Guarantee Asset5,831 — (85)— (13)— 5,733 Total Guarantee and commitment obligations5,831 — (85)— (13)— 5,733 Total Assets at fair value