Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 178

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 8
Chunk 178
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 hedged items60,915 189,141 98,015 (210,932)— 137,139 Gains/(losses) on fair value hedging relationships$116 $(557)$(449)$1,095 $— $205 Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $5,338 $— $5,338 Recognized on hedged items— — — (7,918)— (7,918)Discount amortization recognized on hedged items— — — (14)— (14)Expense recognized on cash flow hedges$— $— $— $(2,594)$— $(2,594)Losses on financial derivatives not designated in hedge relationships:Losses on interest rate swaps$— $— $— $— $(1,310)$(1,310)Interest expense on interest rate swaps— — — — (858)(858)Treasury futures— — — — 234 234 Losses on financial derivatives not designated in hedge relationships$— $— $— $— $(1,934)$(1,934)

27

For the Nine Months Ended September 30, 2025Net 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 ExpenseLosses on financial derivatives(in thousands)Total amounts presented in the Consolidated Statement of Operations$265,691 $374,824 $555,262 $(909,564)$(3,618)$282,595 Income/(expense) related to interest settlements on fair value hedging relationships:Recognized on derivatives21,887 66,809 37,742 (85,320)— 41,118 Recognized on hedged items41,789 169,792 60,261 (306,677)— (34,835)Premium/discount amortization recognized on hedged items1,917 — — (1,964)— (47)Income/(expense) related to interest settlements on fair value hedging relationships$65,593 $236,601 $98