Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 53

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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 and Liabilities Measured at Fair Value for the Nine Months Ended September 30, 2025Beginning BalancePurchasesSettlementsAllowance for LossesRealized andunrealized gains/(losses) included in IncomeUnrealized lossesincluded in OtherComprehensiveIncomeEnding Balance(in thousands)Recurring:Assets:Investment Securities:Available-for-sale:Floating rate auction-rate certificates backed by Government guaranteed student loans$19,476 $— $— $6 $— $— $19,482 Total available-for-sale19,476 — — 6 — — 19,482 Farmer Mac Guaranteed Securities:Available-for-sale:AgVantage5,505,531 750,000 (542,365)98 139,168 (6,790)5,845,642 Farmer Mac Guaranteed Securities9,015 — (504)— — (55)8,456 Total available-for-sale5,514,546 750,000 (542,869)98 139,168 (6,845)5,854,098 USDA Securities:Trading818 — (381)— 19 — 456 Total USDA Securities818 — (381)— 19 — 456 Guarantee and commitment obligations:Guarantee Asset5,382 — (255)— (78)— 5,049 Total Guarantee and commitment obligations5,382 — (255)— (78)— 5,049 Total Assets at fair value$5,540,222 $750,000 $(543,505)$104 $139,109 $(6,845)$5,879,085 

45

Level 3 Assets and Liabilities Measured at Fair Value for the Nine Months Ended September 30, 2024Beginning BalancePurchasesSettlementsAllowance for LossesRealized andunrealized gains/(losses) included in IncomeUnrealized gainsincluded 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 $— $— $2 $— $394 $19,478 Total available-for-sale19,082 — — 2 — 394 19,478 Farmer Mac Guaranteed Securities: