Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 112

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 112
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Analysis of portfolio performance indicates that commodity type is the primary determinant of Farmer Mac's exposure to loss on a given loan. The following tables present concentrations of Agricultural Finance mortgage loans by commodity type within geographic region and cumulative credit losses by origination year and commodity type:

Table 25As of September 30, 2025Agricultural Finance Mortgage Loans Concentrations by Commodity Type within Geographic RegionCropsPermanentPlantingsLivestockPart-timeFarmAg. Storage andProcessingOtherTotal(dollars in thousands)By geographic region(1):Northwest$755,144 $230,993 $367,766 $124,961 $50,051 $1,634 $1,530,549 5.8 %1.8 %2.8 %1.0 %0.4 %— %11.8 %Southwest794,047 1,823,536 653,226 118,241 236,685 2,375 3,628,110 6.0 %13.9 %5.0 %0.9 %1.8 %— %27.6 %Mid-North2,816,109 11,998 305,170 77,796 304,123 470 3,515,666 21.5 %0.1 %2.3 %0.6 %2.3 %— %26.8 %Mid-South1,346,006 95,036 808,481 70,193 70,367 3,303 2,393,386 10.3 %0.7 %6.2 %0.5 %0.5 %— %18.2 %Northeast234,037 52,242 78,934 48,642 141,233 — 555,088 1.8 %0.4 %0.6 %0.3 %1.1 %— %4.2 %Southeast570,322 305,441 356,053 64,160 203,903 — 1,499,879 4.3 %2.3 %2.7 %0.5 %1.6 %— %11.4