Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 22

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 22
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31,715 — 13,947 45,662 Amounts reclassified from AOCI(843)(502)(16,319)(17,664)Net comprehensive income/(loss)30,872 (502)(2,372)27,998 Balance as of December 31, 2024$(37,575)$(9,226)$34,654 $(12,147)

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The following table presents other comprehensive income activity, the impact on net income of amounts reclassified from each component of AOCI, and the related tax impact for the years ended December 31, 2024, 2023, and 2022: Table 2.3For the Years Ended December 31,202420232022Before TaxProvision (Benefit)After TaxBefore TaxProvision(Benefit)After TaxBefore TaxProvision (Benefit)After Tax(in thousands)Other comprehensive income:Available-for-sale-securities:Unrealized holding gains/(losses) on available-for-sale securities$40,145 $8,430 $31,715 $59,640 $12,526 $47,114 $(137,500)$(28,876)$(108,624)Less reclassification adjustments included in:Gains on sale of available-for-sale investment securities(1)(1,052)(221)(831)— — — — — — Other income(2)(15)(3)(12)— — — (6)(1)(5)Total$39,078 $8,206 $30,872 $59,640 $12,526 $47,114 $(137,506)$(28,877)$(108,629)Held-to-maturity securities:Change in fair value(3)$— $— $— $(31,898)$(6,699)$(25,199)$— $— $— Less reclassification adjustments included in:Net interest income(4)(636)(134)(502)148 30 118 259 55 204 Total$(636)$(134)$(502)$(31,750)$(6,669)$(25,081)$259 $55 $204 Cash flow hedgesUnrealized gains on cash flow hedges$17,655 $3,708 $13,947 $6,295 $1,322 $4