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Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Feb. 28, 2023
Feb. 28, 2022
Income Statement [Abstract]        
Interest income $ 353,292 $ 285,206 $ 984,464 $ 851,626
Interest expense (281,709) (173,654) (736,621) (522,027)
Net interest income 71,583 111,552 247,843 329,599
Benefit (provision) for credit losses 11,318 12,749 (3,806) 12,146
Net interest income after benefit (provision) for credit losses 82,901 124,301 244,037 341,745
Non-interest income:        
Fee and other income 5,326 4,270 13,548 13,042
Derivative gains 102,308 169,280 342,685 43,203
Investment securities losses (1,402) (11,621) (5,574) (18,190)
Total non-interest income 106,232 161,929 350,659 38,055
Non-interest expense:        
Salaries and employee benefits (14,808) (13,181) (42,792) (38,871)
Other general and administrative expenses (10,507) (9,898) (35,289) (31,513)
Other non-interest expense (298) (843) (975) (1,530)
Total non-interest expense (25,613) (23,922) (79,056) (71,914)
Income before income taxes 163,520 262,308 515,640 307,886
Income tax provision (303) (343) (785) (524)
Net income 163,217 261,965 514,855 307,362
Less: Net income attributable to noncontrolling interests (321) (888) (541) (1,081)
Net income attributable to CFC $ 162,896 $ 261,077 $ 514,314 $ 306,281