Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 26

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 26
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 relationships:Recognized on derivatives7,085 22,059 12,386 (28,494)— 13,036 Recognized on hedged items13,130 55,871 18,968 (103,878)— (15,909)Premium/discount amortization recognized on hedged items431 — — (660)— (229)Income/(expense) related to interest settlements on fair value hedging relationships$20,646 $77,930 $31,354 $(133,032)$— $(3,102)(Losses)/gains on fair value hedging relationships:Recognized on derivatives$(34,009)$(82,485)$(44,554)$75,600 $— $(85,448)Recognized on hedged items33,978 82,017 44,981 (74,429)— 86,547 (Losses)/gains on fair value hedging relationships$(31)$(468)$427 $1,171 $— $1,099 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $3,825 $— $3,825 Recognized on hedged items— — — (6,345)— (6,345)Discount amortization recognized on hedged items— — — — — — Expense recognized on cash flow hedges$— $— $— $(2,520)$— $(2,520)Losses on financial derivatives not designated in hedging relationships:Losses on interest rate swaps$— $— $— $— $(2,703)$(2,703)Interest expense on interest rate swaps— — — — 318 318 Treasury futures— — — — (251)(251)Losses on financial derivatives not designated in hedge relationships$— $— $— $— $(2,636)$(2,636)

22

For the Three Months Ended March 31, 2024Net Income/(Expense) Recognized in Consolidated Statement of Operations on DerivativesNet Interest IncomeNon-Interest IncomeTotalInterest Income Investments and Cash Equivalents Interest Income Farmer Mac Guaranteed Securities and USDA SecuritiesInterest Income LoansTotal Interest ExpenseG