Company: FMCCN
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001026214-25-000086
Chunk: 39

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 15
Chunk 39
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21,946)(27,182)Less: Deferred tax assets arising from temporary differences that exceed 10% of CET1 capital and other regulatory adjustments5,125 5,123 Common equity Tier 1 capital(27,071)(32,305)Add: Preferred stock14,109 14,109 Tier 1 capital(12,962)(18,196)Tier 2 capital adjustments— — Adjusted total capital($12,962)($18,196)

The table below presents the components of our statutory capital.

Table 37 - Statutory Capital Components(In millions)June 30, 2025December 31, 2024Total equity$64,811 $59,575 Less:Senior preferred stock72,648 72,648 AOCI, net of taxes28 (27)Core capital(7,865)(13,046)General allowance for foreclosure losses(1)8,273 7,239 Total capital$408 ($5,807)

(1)Represents our allowance for credit losses.

Freddie Mac 2Q 2025 Form 10-Q37

Management's Discussion and AnalysisLiquidity and Capital Resources

The table below presents our capital metrics under the ERCF.

Table 38 - Capital Metrics Under ERCF(In billions)June 30, 2025December 31, 2024Adjusted total assets$3,864 $3,817Risk-weighted assets (standardized approach):    Credit risk981 988    Market risk61 58    Operational risk72 72Total risk-weighted assets$1,114 $1,118(In billions)June 30, 2025December 31, 2024Stress capital buffer$29 $28Stability capital buffer30 29Countercyclical capital buffer amount— —PCCBA$59 $57PLBA$15 $14

June 30, 2025(Dollars in billions)Minimum Capital RequirementApplicable BufferCapital Requirement (Including Buffer(1))Available Capital (Deficit)Capital ShortfallRisk-based capital amounts:Total capital$89 N/A$89 $— ($89)CET1 capital50 $59 109 (27)(136)Tier 1 capital67 59 126 (13)(139)Adjusted total capital89 59 148 (13)(161)Risk-based capital ratios(2):Total capital