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- Farmer Mac oversightAbout Farmer MacFarmer Mac regulationsPending regulations & noticesRisk-based capital stress testSEC filings
- About Farmer Mac
- Farmer Mac regulations
- Pending regulations & notices
- Risk-based capital stress test
- SEC filings

Farmer Mac financial data Print table  **Financial data for Farmer Mac, 2019 to 2023
	(Dollar amounts in millions)**
	Data type
			12/31/2023
			12/31/2022
			12/31/2021
			12/31/2020
			12/31/2019Total program volume
			28,471.0
			25,922.1
			23,614.5
			21,924.1
			21,117.9Core capital
			1,452.0
			1,322.8
			1,200.6
			1,006.0
			815.4Statutory minimum capital
			862.6
			805.9
			713.8
			680.9
			618.8Surplus over minimum capital
			589.4
			516.9
			486.8
			325.5
			196.7Regulatory capital held
			1,470.0
			1,340.0
			1,217.0
			1,024.0
			828.1Risk-based capital requirement
			186.4
			204.2
			218.7
			197.4
			122.1Regulatory surplus
			1,283.9
			1,135.8
			998.3
			826.6
			706.0GAAP net income available to common stock shareholders
			172.8
			151.0
			107.6
			89.2
			93.7Core earnings
			171.2
			124.3
			113.6
			100.6
			93.790-day delinquencies
			34.7
			43.5
			47.3
			46.2
			61.0Substandard assets
			186.0
			209.4
			269.5
			291.5
			310.0  **Financial ratios for Farmer Mac, 2019 to 2023**
	Ratios
			12/31/2023
			12/31/2022
			12/31/2021
			12/31/2020
			12/31/2019Tier 1 capital
			15.4%
			14.9%
			14.7%
			14.1%
			12.9%Substandard assets/ Total program volume
			0.65%
			0.81%
			1.14%
			1.33%
			1.47%Past due > 90 days/ Total program volume
			0.12%
			0.17%
			0.20%
			0.21%
			0.29%Core return on average common equity
			19.0%
			16.0%
			16.0%
			16.0%
			17.0%Net effective spread (12-mo.)
			1.18%
			1.02%
			0.98%
			0.93%
			0.91%





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