Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 254

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 2
Chunk 254
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,705 Total Agricultural Finance$19,983,878 $20,494,673 Infrastructure Finance:Power & Utilities:LoansOn-balance sheet$3,020,475 $2,886,576 AgVantage Securities(1)On-balance sheet3,796,549 3,521,143 LTSPCs and unfunded loan commitmentsOff-balance sheet370,942 401,647 Total Power & Utilities$7,187,966 $6,809,366 Broadband Infrastructure:LoansOn-balance sheet$657,836 $622,207 Unfunded loan commitmentsOff-balance sheet316,999 180,259 Total Broadband Infrastructure$974,835 $802,466 Renewable Energy:LoansOn-balance sheet$1,430,679 $1,265,700 Unfunded loan commitmentsOff-balance sheet177,985 150,825 Total Renewable Energy$1,608,664 $1,416,525 Total Infrastructure Finance$9,771,465 $9,028,357 Total$29,755,343 $29,523,030 

(1)A type of Farmer Mac Guaranteed Security.

(2)An interest-only Farmer Mac Guaranteed Security retained as part of a structured securitization.

(3)Other categories of Farmer Mac Guaranteed Securities that were sold by Farmer Mac to third parties.

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The following table summarizes by maturity date the scheduled principal amortization of loans held, loans underlying off-balance sheet Farmer Mac Guaranteed Securities (excluding AgVantage securities) and LTSPCs, USDA Securities, and Farmer Mac Guaranteed USDA Securities as of March 31, 2025:

Table 19Schedule of Principal Amortization as of March 31, 2025Loans Loans Underlying Off-Balance Sheet Farmer Mac Guaranteed Securities and LTSPCs USDA Securities and Farmer Mac Guaranteed USDA SecuritiesTotal(in thousands)2025$705,263 $313,796 $101,862 $1,120,921 2026904,706 465,074 139,837 1,509,617 2027858,515 413,627 139,289 1,411,431 20281,142,583 342,246 135,692 1,620,521 20291,045,389 430,182 133,356 1