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CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) - USD ($)
$ in Thousands
3 Months Ended
Aug. 31, 2023
Aug. 31, 2022
Income Statement [Abstract]    
Interest income $ 380,956 $ 306,978
Interest expense (316,281) (209,468)
Net interest income 64,675 97,510
Provision for credit losses (800) (3,496)
Net interest income after provision for credit losses 63,875 94,014
Non-interest income:    
Fee and other income 4,537 4,056
Derivative gains 189,887 93,587
Investment securities gains (losses) 2,933 (3,679)
Total non-interest income 197,357 93,964
Non-interest expense:    
Salaries and employee benefits (15,874) (13,778)
Other general and administrative expenses (15,629) (11,741)
Losses on early extinguishment of debt (939) 0
Other non-interest expense (178) (322)
Total non-interest expense (32,620) (25,841)
Income before income taxes 228,612 162,137
Income tax provision (328) (263)
Net income (loss) 228,284 161,874
Less: Net income attributable to noncontrolling interests (427) (193)
Net income attributable to CFC $ 227,857 $ 161,681