Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 276

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 276
---
 WV); Southeast (AL, FL, GA, MS, NC, SC, TN).    

84

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 27As of March 31, 2025Agricultural Finance Mortgage Loans Concentrations by Commodity Type within Geographic RegionCropsPermanentPlantingsLivestockPart-timeFarmAg. Storage andProcessingOtherTotal(dollars in thousands)By geographic region(1):Northwest$685,818 $227,251 $323,039 $128,934 $39,554 $1,380 $1,405,976 5.5 %1.8 %2.6 %1.1 %0.3 %— %11.3 %Southwest773,940 1,847,993 594,403 116,622 192,344 22,386 3,547,688 6.2 %14.9 %4.8 %0.9 %1.6 %0.2 %28.6 %Mid-North2,625,609 10,566 280,004 77,827 248,924 2,357 3,245,287 21.2 %0.1 %2.3 %0.6 %2.0 %— %26.2 %Mid-South1,282,949 90,310 746,122 72,705 69,090 5,980 2,267,156 10.4 %0.7 %6.0 %0.6 %0.6 %0.1 %18.4 %Northeast205,839 56,347 71,877 51,580 186,446 — 572,089 1.7 %0.5 %0.6 %0.5 %1.4 %— %4.7 %Southeast464,168 282,487 334,447 67,697 197,999 4,484 1,351,282 3.7 %2