Company: AGM-PH
Filing Date: 2025-02-21
Form Type: 10-K
Source: 0000845877-25-000033
Chunk: 4

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-02-21
Form: 10-K
Item: Item 8
Chunk 4
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)$1,024,007 $888,707 Investment securities:  Available-for-sale, at fair value (amortized cost of $6,105,116 and $5,060,135, respectively)5,953,014 4,918,931 Held-to-maturity, at amortized cost9,270 53,756 Other investments11,017 6,817 Total Investment Securities5,973,301 4,979,504 Farmer Mac Guaranteed Securities:  Available-for-sale, at fair value (amortized cost of $5,835,658 and $5,825,433, respectively)5,514,546 5,532,479 Held-to-maturity, at amortized cost2,717,688 4,213,069 Total Farmer Mac Guaranteed Securities8,232,234 9,745,548 USDA Securities:  Trading, at fair value818 1,241 Held-to-maturity, at amortized cost2,370,534 2,354,171 Total USDA Securities2,371,352 2,355,412 Loans:  Loans held for sale, at lower of cost or fair value6,170 — Loans held for investment, at amortized cost11,183,408 9,623,119 Loans held for investment in consolidated trusts, at amortized cost2,038,283 1,432,261 Allowance for losses(23,223)(16,031)Total loans, net of allowance13,204,638 11,039,349 Financial derivatives, at fair value27,789 37,478 Accrued interest receivable (includes $28,563 and $16,764, respectively, related to consolidated trusts)310,592 287,128 Guarantee and commitment fees receivable50,499 49,832 Deferred tax asset, net1,544 8,470 Prepaid expenses and other assets128,786 132,954 Total Assets$31,324,742 $29,524,382 Liabilities and Equity:  Liabilities:  Notes payable$27,371,174 $26,336,542 Debt securities of consolidated trusts held by third parties1,929,628 1,351,069 Financial derivatives, at fair value77,326