Company: AGM-PH
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0000845877-25-000252
Chunk: 29

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-11-03
Form: 10-Q
Item: Part I, Item 1
Chunk 29
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,584)$(19,533)$(10,864)$26,984 $— $(10,997)Recognized on hedged items7,376 19,248 10,436 (26,200)— 10,860 (Losses)/gains on fair value hedging relationships$(208)$(285)$(428)$784 $— $(137)Expense related to interest settlements on cash flow hedging relationships:Interest settlements reclassified from AOCI into net income on derivatives$— $— $— $3,593 $— $3,593 Recognized on hedged items— — — (5,837)— (5,837)Discount amortization recognized on hedged items— — — (22)— (22)Expense recognized on cash flow hedges$— $— $— $(2,266)$— $(2,266)Losses on financial derivatives not designated in hedging relationships:Gains on interest rate swaps$— $— $— $— $474 $474 Interest expense on interest rate swaps— — — — (707)(707)Treasury futures— — — — (829)(829)Losses on financial derivatives not designated in hedge relationships$— $— $— $— $(1,062)$(1,062)

26

For the Three Months Ended September 30, 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 ExpenseLosses on financial derivatives(in thousands)Total amounts presented in the Consolidated Statement of Operations:$88,879 $156,602 $162,247 $(320,937)$(1,934)$84,857 Income/(expense) related to interest settlements on fair value hedging relationships:Recognized on derivatives10,774 39,127 17,878 (69,433)— (1,654)Recognized on hedged items11,476 54,513 17,544 (106,154)— (22,621)Premium/discount amortization recognized on hedged items623 — — (688)— (65)Income/(expense) related